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Earnings Call

VL e-Governance & IT Solutions Earnings Call: Key Takeaways

VL E-Governance reports FY26 revenue of ₹1,715.43 lakhs with a net loss of ₹113.07 lakhs. The company is pivoting towards EPC for smart cities and high-tech defense sectors.

Highlights
Revenue growthFY26: -44.1% YoY; Q4: -76.16% QoQ.
MarginsNegative; EBITDA loss of ₹96.66 lakhs in FY26.
Order bookEPC contract for Sankalp project valued at ~₹800 crore.
Demand visibilityStrong pipeline in ULPIN and land record digitization.
Management confidenceHigh regarding pivot to EPC and defense sectors.

Growth

FY26 revenue fell 44.1% YoY to ₹1,715 lakhs; Q4 revenue dropped 76.16% QoQ due to temporary business cycles.

Outlook

Entering EPC for ₹800cr Sankalp Smart City; acquiring 40% in HETL for aviation/defense technology.

Risks

Significant decline in current revenue streams and dependency on new government contract wins.

Source

Earnings Call filed with NSE, NSE: VLEGOV. Summary written with AI assistance from the document.

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VL e-Governance & IT Solutions Ltd: key numbers

Share price
₹10.59
Market cap
₹114.8 Cr
Revenue (annual)
₹17.15 Cr
Net profit (annual)
₹-1.13 Cr
P/E (TTM)
-47.9×Sector 22.1×
Promoter holding
23.24%+0.00% QoQ
FII holding
1.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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