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₹11.11

▲ +0.21 +1.93%

29 Jul 2026

NSE Listed · IT - Software

ESM · ESM 2
What does ESM · ESM 2 mean?
BSE · Enhanced Surveillance Measure (ESM 2)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-04-22
NSE · Enhanced Surveillance Measure (ESM 2)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-07-14

VL E-Governance & IT Solutions Ltd. (VLEGOV)

Volume: 21,526Avg Vol 1W: 39,860Avg Vol 1M: 1,29,50352W Range:₹8.42₹47.74
NSE BSE www.vlegovernance.in AI Report
Key Ratios
Checked just now
Market Cap₹120 Cr
Current Price₹11.11
Previous Close₹10.9
High / Low (52w)₹47.74 / ₹8.42
Volume21,526
Avg Vol (1W)39,860
Avg Vol (1M)1,29,503
Stock P/E—
Book Value₹4.11
Dividend Yield0%
ROE-253.71%
ROA-239.41%
Revenue (TTM)—
Revenue Growth—
Profit Margin-6.59%
Total Debt—
Shares Outstanding11 Cr
Face Value₹10
EPS (TTM)₹0
P/B2.7
Debt / Equity0.02
50 DMA₹12.58
200 DMA₹16.53
Day change+1.93%
SurveillanceESM · ESM 2
Price Chart
₹11.11▼ 76.05% · 1Y
₹97₹932.6L
2025-07-29
2026-07-29

20-day avg volume: 1.2L shares

Pros
  • Company is almost debt-free.
  • Revenue grew 44% YoY.
Cons
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹3 Cr₹8 Cr₹15 Cr₹5 Cr₹8 Cr₹3 Cr₹4 Cr₹1 Cr
EBITDA₹1 Cr₹1 Cr₹1 Cr₹-1 Cr₹1 Cr₹-1 Cr₹-1 Cr₹-1 Cr
Net Profit₹1 Cr₹1 Cr₹1 Cr₹-2,519 Cr₹1 Cr₹-1 Cr₹-1 Cr₹-1 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹1 Cr₹1 Cr₹0 Cr₹0 Cr₹585 Cr₹732 Cr₹22 Cr₹32 Cr
EBITDA₹-2 Cr₹-1 Cr₹0 Cr₹0 Cr₹137 Cr₹8 Cr₹-8 Cr₹1 Cr
Net Profit₹-2 Cr₹-1 Cr₹0 Cr₹0 Cr₹103 Cr₹6 Cr₹-170 Cr₹-2,517 Cr
EPS-3.43-0.50.04-09.680.56-16.04-218.85
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹10 Cr₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹2,699 Cr₹2,517 Cr₹48 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹81 Cr₹69 Cr₹3 Cr
Equity₹10 Cr₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹2,618 Cr₹2,448 Cr₹46 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹0 Cr₹0 Cr₹-25 Cr₹2 Cr₹-59 Cr
Investing₹0 Cr₹0 Cr₹3 Cr₹0 Cr₹-2 Cr
Financing₹0 Cr₹0 Cr₹54 Cr₹-3 Cr₹63 Cr
Free Cash Flow₹0 Cr₹0 Cr₹-25 Cr₹2 Cr₹-59 Cr
Shareholding
Promoter 23.24% Institutions 7.21% Public 69.55%
Efficiency & Working Capital
ROCE-2.5%
Interest Coverage0
Dividend Payout—
Debtor Days—
Inventory Days—
Payable Days—
Cash Conversion Cycle—
Working Capital Days—
Shareholding Details

As of 2026-06-30

Promoter23.2%
FII1.1%
DII6.1%
Institutions7.2%
Public69.5%
Promoter Pledge0%
No. of Shareholders1,32,542
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2024Jun 2024Sept 2024Dec 2024Jan 2025Jan 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters33.2%33.2%23.8%23.8%23.2%23.2%23.2%23.2%23.2%23.2%23.2%23.2%
FIIs1.9%1.9%3%3.2%2.9%2.9%2.1%2.3%2.2%1.5%1.4%1.1%
DIIs6.3%6.3%6.3%6.3%6.2%6.2%6.2%6.2%6.2%6.1%6.1%6.1%
Public58.6%58.7%66.9%66.6%67.7%67.7%68.4%68.3%68.4%69.1%69.2%69.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,59,9661,52,2431,44,0451,38,8291,37,4961,37,4961,39,5801,37,0501,36,4831,35,3941,34,5311,32,542
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Vakrangee Holdings Private LimitedShareholding of Promoter and Promoter Group22.7%2.47 Cr
Life Insurance Corporation Of IndiaPublic Shareholding6.1%65,86,464
Valuable Structuring & Advisory Services LlpPublic Shareholding3.2%35,00,000
Priya PrakashPublic Shareholding2.7%29,68,269
Sameer Maheshkumar BhambhaPublic Shareholding1.2%12,50,000
Responce Securities Private LimitedPublic Shareholding1%11,25,000
Njd Capital Private LimitedShareholding of Promoter and Promoter Group0.3%3,44,182
Jyoti NandwanaShareholding of Promoter and Promoter Group0.2%1,73,516
Dinesh NandwanaShareholding of Promoter and Promoter Group0%19,600
Board of Directors
NameDesignationYear
Nishikant HayatnagarkarChairman & Exec. Director2025
Sanjay NandwanaExecutive Director & MD2025
Hari MohanIndependent Non Exe. Director2025
Anoop Kumar AgrawalIndependent Non Exe. Director2025
Chandra Kailash VishwakarmaIndependent Non Exe. Director2025
Tanu Surendra ShuklaIndependent Non Exe. Director2025
Nilesh Champalal WadodeCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
E-Governance & IT/ITES Business(B2B₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10200108108
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500021719
2025000202
202500001717
Insider / Designated-Person Trades

13 recent disclosure(s)

Vakrangee Holdings Private LimitedDisposal · 4,28,942
Dinesh NandwanaDisposal · 5,00,000
NJD Capital Private LimitedDisposal · 10,00,000
NJD Capital Private Limited RevisedDisposal · 40,15,786
NJD Capital Private LimitedDisposal · 40,15,786
NJD Capital Private LimitedDisposal · 7,50,000
Substantial Acquisitions (SAST)

10 disclosure(s)

Pref. Allotment16/01/2025 · —
Pref. Allotment16/01/2025 · —
Market30/09/2024 · 4,28,942
Market24/09/2024 · 5,00,000
Market23/09/2024 - 24/09/2024 · 10,00,000
Market25/01/2024 · 10,00,000
Company Information
Incorporated2016
ChairmanNishikant Hayatnagarkar
AuditorB K G & Associates
Investor Email[email protected]
🌐 www.vlegovernance.in ↗

📍 Vakrangee Corporate House, Plot No 93 Road No 16 MIDC Mar, Mumbai, Maharashtra, 400093

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