Virtual Galaxy Infotech Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹323 Cr
- P/E
- 7.00
- ROE
- 29.58%
- PEG
- 0.04
- Price to sales
- 1.78
- Debt to equity
- 0.22
- 52W high / low
- ₹178 / ₹104
- Sales growth (5Y)
- 34.05%
- EBITDA margin
- 46.25%
- Net profit margin
- 25.32%
- Promoter holding
- 65.00%
- Sales (last year)
- ₹182 Cr
Incorporated in September 1997, Virtual Galaxy Infotech Limited (VGIL) is an IT services and consulting firm based in Nagpur, Maharashtra, India.[1]
Guidance scorecard · Q4 FY26 call
What Virtual Galaxy Infotech Ltd's management guided
and where it ranks in IT - Software
IT - Software
RevenueQ4 FY26 call
40%+- Company targets a revenue CAGR of over 40% for the next 2-3 years (FY27-FY29).
- Expected growth driven primarily by BFSI segment, supported by cross-selling of new and existing products.
- International expansion, especially in African and developing countries, aims to increase export revenue from 6% to around 20%-25%.
- Diversification into cybersecurity and e-governance sectors to increase revenue contribution from non-BFSI segments, targeting a shift from 90:10 to approximately 70:30 BFSI to other segments.
- SaaS and recurring revenue expected to scale from INR76.7 crores (42% of total revenue) to potentially around INR200 crores by FY29.
2 more points from Virtual Galaxy Infotech Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Virtual Galaxy Infotech Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Capital deployment is focused on enhancing products, adding new capabilities, and building infrastructure for an ecosystem to serve clients.
- Key areas of investment include creating data centers for in-house clients, enhancing products with AI capabilities, and expanding product stacks.
- Investments cover both tangible assets like BOT projects (INR60 crores), data centers (INR35 crores), and GPUs (INR5 crores).
- Capital is also allocated towards product development, implementation capabilities, and long-term growth initiatives.
- Emphasis on capital allocation is on maintaining balance sheet strength while supporting product innovation and international expansion.
2 more points from Virtual Galaxy Infotech Ltd's call on capex
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FundraisingQ4 FY26 call
See what Virtual Galaxy Infotech Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- As of FY26 close, the unexecuted order book stood at INR111.6 crores, providing medium-term revenue visibility.
- Approximately 60% of this INR111 crores order book is expected to be executed within FY27.
- Around 90% of the order book belongs to the BFSI segment, with the remaining 10% from other segments.
- The company has a large pipeline of around INR1,000 crores across core banking, NBFC onboarding, government digitalization projects, cybersecurity, and international markets.
2 more points from Virtual Galaxy Infotech Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Software
on management's own guidance
- 2
- Strong growth1
- CapitalNumbersGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
IT - Software companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹569 Cr | 34.7 | |
| 2 | Virtual GalaxyThis stock | 40%+ | Flat | ₹336 Cr | 7.3 |
| 3 | CapitalNumbers | 20–40% | Up 2%+ | ₹181 Cr | 9.2 |
| 4 | 20–40% | Up 2%+ | ₹159 Cr | 11.5 | |
| 5 | 20–40% | Up 0–2% | ₹1,826 Cr | 28.5 | |
| 6 | 20–40% | Flat | ₹4,341 Cr | 84.7 |
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Pro shows every company guiding 40%+ revenue growth →Full IT - Software rankingFinancials of Virtual Galaxy Infotech Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Virtual Galaxy Infotech Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|
| Sales + | 19 | 41 | 55 |
| Expenses + | 9 | 23 | 27 |
| Operating Profit | 10 | 18 | 28 |
| OPM % | 53% | 44% | 51% |
| Other Income + | 0 | 0 | 1 |
| Interest | 1 | 1 | 1 |
| Depreciation | 3 | 4 | 8 |
| Profit before tax | 7 | 13 | 20 |
| Tax % | 28% | 28% | 28% |
| Net Profit + | 5 | 10 | 14 |
| EPS in Rs | 2.68 | 3.85 | 5.83 |
Financials of Virtual Galaxy Infotech Ltd
Profit & Loss
Annual income statement trend
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 25 | 27 | 30 | 42 | 43 | 58 | 61 | 120 | 182 |
| Expenses + | 18 | 21 | 23 | 33 | 32 | 45 | 30 | 65 | 98 |
| Operating Profit | 7 | 6 | 7 | 9 | 10 | 13 | 31 | 55 | 84 |
| OPM % | 27% | 22% | 24% | 21% | 24% | 22% | 50% | 46% | 46% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 3 | 2 | 2 | 3 | 3 | 3 | 2 | 3 | 3 |
| Depreciation | 3 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 18 |
| Profit before tax | 2 | 2 | 2 | 3 | 3 | 5 | 23 | 45 | 64 |
| Tax % | 31% | 27% | 28% | 28% | 28% | 62% | 28% | 29% | 29% |
| Net Profit + | 1 | 1 | 2 | 2 | 2 | 2 | 16 | 32 | 46 |
| EPS in Rs | 0.95 | 1.13 | 1.59 | 2.00 | 2.05 | 1.64 | 14.82 | 17.55 | 18.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% |
Financials of Virtual Galaxy Infotech Ltd
Balance Sheet
Capital structure and asset base
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 18 | 25 |
| Reserves | 4 | 5 | 9 | 11 | 13 | 14 | 30 | 75 | 194 |
| Borrowings + | 12 | 10 | 9 | 14 | 14 | 38 | 39 | 40 | 48 |
| Other Liabilities + | 13 | 12 | 39 | 34 | 31 | 24 | 36 | 25 | 32 |
| Total Liabilities | 39 | 38 | 68 | 70 | 69 | 87 | 116 | 158 | 299 |
| Fixed Assets + | 11 | 14 | 43 | 45 | 44 | 33 | 30 | 76 | 193 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 14 | 43 | 41 | 10 |
| Investments | 2 | 2 | 1 | 4 | 2 | 3 | 3 | 0 | 0 |
| Other Assets + | 27 | 23 | 24 | 21 | 23 | 37 | 40 | 42 | 97 |
| Total Assets | 39 | 38 | 68 | 70 | 69 | 87 | 116 | 158 | 299 |
Financials of Virtual Galaxy Infotech Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 19 | 5 | 3 | 8 | 31 | 43 | 49 | ||
| Cash from Investing Activity + | -18 | -6 | -3 | -9 | -31 | -51 | -106 | ||
| Cash from Financing Activity + | 0 | 0 | 0 | 1 | 0 | 8 | 85 | ||
| Net Cash Flow | 1 | -1 | 0 | 0 | -0 | 0 | 29 | ||
| Free Cash Flow | 1 | -1 | 0 | -1 | -1 | -7 | -55 | ||
| CFO/OP | 274% | 64% | 40% | 69% | 120% | 101% | 79% |
Financials of Virtual Galaxy Infotech Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 297 | 222 | 205 | 101 | 116 | 146 | 149 | 68 | 64 |
| Inventory Days | 11 | 5 | 1 | 1 | 1 | 1 | 2 | 1 | 0 |
| Days Payable | 81 | 144 | 87 | 45 | 47 | 164 | 326 | 34 | 48 |
| Cash Conversion Cycle | 226 | 83 | 119 | 57 | 70 | -17 | -175 | 34 | 17 |
| Working Capital Days | 162 | 89 | 57 | 43 | 48 | 37 | -16 | 14 | 36 |
| ROCE % | 15% | 17% | 15% | 15% | 35% | 45% | 34% |
Guidance history
How Virtual Galaxy Infotech Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | — | — |
| Q2 FY26 call → | 10–20% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Virtual Galaxy Infotech Ltd's management said in earlier quarters
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