Virtual Galaxy Infotech

Nagpur, India Founded: 1997 • Age: 29 yrs Listed
Provider of ERP software services
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About Virtual Galaxy Infotech

Virtual Galaxy Infotech is a publicly listed company based in Nagpur (India) founded in 1997. Provider of ERP software services. The company has 106 employees. Its Indian entity Virtual Galaxy Infotech Limited reported revenue of ₹183 Cr. Virtual Galaxy Infotech offers products and services including E-Banker and Transaction Automation. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Virtual Galaxy Infotech was founded in 1997 and is headquartered in Nagpur, India. Operations focus on the information technology sector, where enterprise resource planning (ERP) software services are delivered to clients. These services encompass software implementation, customization, and support, primarily through the domain vgipl.com. The company maintains a presence in the Indian market, addressing business process needs in various industries without international expansion noted.

  • Headquarters Nagpur, India
  • Employees 106
  • Stage Public
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website vgipl.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Virtual Galaxy Infotech Ltd.
Operational Areas
Technology → IT Services & Operations
Key Metrics
  • Market Cap
    ₹330 Cr

    VGINFOTECH-SM · NSE

  • Share Price
    ₹130.25

    -1.70% today

  • Revenue
    ₹63.50 Cr

    FY 2023-24 · +6.4% YoY

  • EBITDA
    ₹30.97 Cr

    Margin 48.8%

  • Net Profit
    ₹16.37 Cr

    FY 2023-24 · +731.0% YoY

  • P/E (TTM)
    22.5x

    P/B 2.4x

  • ROE
    48.0%

    ROCE 31.6%

  • Debt / Equity
    1.14

    Interest cover 9.9x

  • Employee Count
    106

Products & Services of Virtual Galaxy Infotech

Virtual Galaxy Infotech offers a comprehensive portfolio of products and services, including E-Banker and Transaction Automation.

E-Banker
Core Banking Solution

Software for banking transactions and customer service automation.

Transaction Automation
IT Services

Tools for automating business transactions and compliance.

Apps and channels of Virtual Galaxy Infotech

its YouTube channel Virtual Galaxy Infotech Ltd has 458 subscribers and 30 videos.

Virtual Galaxy Infotech Ltd
YouTube 458 subscribers 30 videos Science & Technology
Open channel

Videos from Virtual Galaxy Infotech

The most watched videos on Virtual Galaxy Infotech's YouTube channel, Virtual Galaxy Infotech Ltd (458 subscribers). Click a video to play it here.

E-Banker (Core Banking Solution) with Tab Banking | VGIPL
2.5K views
Online Portal for Maharashtra Labour Welfare Management Board (MLWB)
2.4K views
Core Banking Solution for Financial Institute | E-Banker | VGIPL
2.3K views
E-Banker Core Banking Solution | Core Banking Solution for Financial Institutes - Free Demo
2.2K views

More on Virtual Galaxy Infotech Ltd.

Board of directors of Virtual Galaxy Infotech Limited (Virtual Galaxy Infotech)

Virtual Galaxy Infotech Limited is the primary company behind Virtual Galaxy Infotech. The board of Virtual Galaxy Infotech Limited currently have 7 directors; the longest-serving is Avinash Narayanrao Shende, appointed in 1997. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Avinash Narayanrao Shende
DIN 02179381
Director12 Sep 199729 yrs 1 moVirtual Galaxy Infotech Limited
Sachin Purushottam Pande
DIN 02181154
Managing Director12 Sep 199729 yrs 1 moVirtual Galaxy Infotech Limited
Bhanupriya Nikhil Thakur
DIN 08276607
Director12 Jun 20242 yrs 4 moVirtual Galaxy Infotech Limited
Ayush Munnalal Sharma
DIN 06628387
Director19 Jul 20242 yrs 3 moVirtual Galaxy Infotech Limited
Asit Oberoi
DIN 09089783
Director22 Aug 20242 yrs 2 moVirtual Galaxy Infotech Limited
Jaideep Narayan Pawar
DIN 07221800
Director12 Sep 20242 yrs 1 moVirtual Galaxy Infotech Limited
Sunil Kulkarni
DIN 02714177
Director31 Aug 20261 moVirtual Galaxy Infotech Limited

People of Virtual Galaxy Infotech

4 people are tracked at Virtual Galaxy Infotech (2 in leadership, 2 in team); the tracked headcount is 106.

NameRoleGroup
Avinash Shende
Managing DirectorLeadership
Priyanka Baidhya
Head - Human Resources ManagerLeadership
Mrunal Lohakare
Senior Software DeveloperTeam
Saransh Parihar
Business AnalystTeam
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Complete people profiles for Virtual Galaxy Infotech

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
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IPO & Listings of Virtual Galaxy Infotech

Virtual Galaxy Infotech is a publicly listed company on the NSE with ticker symbol VGINFOTECH in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date19 May 2025
  • Listed onNSE: VGINFOTECH
  • Listed entityVirtual Galaxy Infotech Ltd.
  • Exchange sectorTechnology services
  • ISININE0VRH01015
  • Share price₹136.00 (-1.02% on the day) · 2026-10-14
  • Market capitalisation₹346 Cr
  • Price to earnings10.5
  • Volume (last session)30,000

Financials of Virtual Galaxy Infotech

Exchange-reported figures of Virtual Galaxy Infotech Limited, the listed company behind Virtual Galaxy Infotech (NSE: VGINFOTECH-SM).

Financial Highlights

FY 2023-24 · Consolidated
Revenue
₹63.50 Cr
+6.4% YoY
EBITDA
₹30.97 Cr
+158.7% YoY
Profit After Tax
₹16.37 Cr
+731.0% YoY
Net Worth
₹44.23 Cr
+84.1% YoY
Total Assets
₹90.71 Cr
+32.5% YoY
Total Debt
₹38.64 Cr
-0.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue63.5059.6843.3242.46
Revenue growth+6.4%+37.8%+2.0%-
EBITDA30.9711.979.718.46
EBITDA margin+48.8%+20.1%+22.4%+19.9%
Profit before tax22.563.311.882.04
Net profit16.371.971.031.20
Net profit margin+25.8%+3.3%+2.4%+2.8%
EPS (₹)14.901.800.921.11
Balance sheet
Total assets90.7168.4758.8760.56
Net worth44.2324.0222.0421.03
Total debt38.6438.8514.9814.76
Cash & bank2.552.970.680.25
Net working capital14.6018.4910.7310.39
Cash flow
Cash from operations35.7812.824.045.46
Cash from investing(34.15)(10.53)(3.84)(6.17)
Cash from financing(2.05)0.000.220.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue18212061.4658.4842.6242.0630.65
Revenue growth+51.5%+95.5%+5.1%+37.2%+1.3%+37.2%-
EBITDA84.2055.2630.5713.0210.169.017.13
EBITDA margin+46.3%+46.0%+49.7%+22.3%+23.8%+21.4%+23.3%
Profit before tax64.4845.3322.224.793.103.042.45
Net profit46.0932.1116.041.802.232.191.75
Net profit margin+25.3%+26.7%+26.1%+3.1%+5.2%+5.2%+5.7%
EPS (₹)19.2017.5514.591.632.042.001.59
Balance sheet
Total assets26813490.2563.0759.9560.4458.00
Net worth21893.1944.0024.6424.0021.7519.54
Total debt48.3839.7338.6438.1114.3413.929.16
Cash & bank31.182.562.190.390.290.200.96
Net working capital61.3714.5414.1913.3813.7111.4513.73
Cash flow
Cash from operations49.3643.2130.808.163.164.9218.89
Cash from investing(106)(51.33)(31.09)(8.59)(3.07)(5.67)(18.04)
Cash from financing84.888.490.220.540.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Mar 2025Dec 2024
Revenue40.3854.6641.2618.9029.64
Revenue growth (YoY)-+189.2%+39.2%--
Other income0.010.780.100.170.10
Total expenses17.8026.9523.218.9215.14
EBITDA22.5827.7118.059.9814.50
EBITDA margin+55.9%+50.7%+43.7%+52.8%+48.9%
Depreciation8.767.563.822.622.35
Interest0.840.900.940.690.79
Profit before tax12.9920.0313.396.8411.46
Tax3.785.543.811.923.38

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue63.5059.6843.3242.46
Revenue growth+6.4%+37.8%+2.0%-
Other income0.070.080.120.08
Total expenses32.5347.7133.6134.00
Employee cost8.1711.137.397.06
EBITDA30.9711.979.718.46
EBITDA margin+48.8%+20.1%+22.4%+19.9%
Depreciation6.006.034.863.81
Interest2.482.713.092.69
Profit before tax22.563.311.882.04
Tax6.191.340.850.84
Net profit16.371.971.031.20
Net profit margin+25.8%+3.3%+2.4%+2.8%
EPS (₹)14.901.800.921.11
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital11.0011.0011.0011.00
Reserves & surplus32.8013.0210.069.05
Shareholders' funds (net worth)44.2324.0222.0421.03
Minority interest0.230.240.240.01
Secured loans33.1938.1414.9814.76
Unsecured loans5.450.710.000.00
Total debt38.6438.8514.9814.76
Total liabilities90.7168.4758.8760.56
Assets
Gross block67.7265.8271.5468.45
Net block30.7634.8745.5047.12
Capital work in progress43.1514.991.210.52
Investments0.000.001.352.50
Inventories0.110.070.050.05
Sundry debtors25.3523.3412.1810.93
Cash & bank balances2.552.970.680.25
Loans & advances12.829.037.768.89
Total current assets40.8335.4120.6720.12
Total current liabilities26.2316.929.949.73
Net working capital14.6018.4910.7310.39
Total assets90.7168.4758.8760.56
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash2.970.680.250.96
Net cash from operating activities35.7812.824.045.46
Net cash from investing activities(34.15)(10.53)(3.84)(6.17)
Net cash from financing activities(2.05)0.000.220.00
Net change in cash(0.42)2.290.43(0.71)
Closing cash2.552.970.680.25
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+6.4%+37.8%+2.0%-
EBITDA growth+158.7%+23.3%+14.8%-
PBT growth+581.6%+76.1%-7.8%+9997.0%
Net income growth+731.0%+91.3%-14.2%-
Revenue CAGR (3Y)+14.4%---
EBITDA CAGR (3Y)+54.1%---
Profitability & leverage
Net income margin+25.8%+3.3%+2.4%+2.8%
Return on capital employed+31.6%+9.5%+8.3%+7.9%
Return on net worth+48.0%+8.6%+4.7%+5.8%
Debt / equity1.141.170.690.70
Long-term debt / equity1.010.910.360.40
Interest cover9.9345.6263.7157.85
Efficiency & per share
Fixed asset turnover0.950.870.620.62
Inventory turnover705.56994.67866.40849.20
Debtors turnover2.613.363.753.88
EPS (₹)14.901.800.921.11
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)39.8221.8319.1518.22
ParticularsJun 2026Mar 2026Dec 2025Mar 2025Dec 2024
Revenue40.3854.6641.2618.9029.64
Revenue growth (YoY)-+189.2%+39.2%--
Other income0.010.780.100.170.10
Total expenses17.8026.9523.218.9215.14
EBITDA22.5827.7118.059.9814.50
EBITDA margin+55.9%+50.7%+43.7%+52.8%+48.9%
Depreciation8.767.563.822.622.35
Interest0.840.900.940.690.79
Profit before tax12.9920.0313.396.8411.46
Tax3.785.543.811.923.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue18212061.4658.4842.6242.0630.65
Revenue growth+51.5%+95.5%+5.1%+37.2%+1.3%+37.2%-
Other income1.270.290.060.070.110.080.09
Total expenses97.8664.8830.8945.4632.4633.0523.52
Employee cost0.0010.717.109.076.526.413.86
EBITDA84.2055.2630.5713.0210.169.017.13
EBITDA margin+46.3%+46.0%+49.7%+22.3%+23.8%+21.4%+23.3%
Depreciation18.047.655.935.644.563.522.66
Interest2.952.572.482.662.612.532.11
Profit before tax64.4845.3322.224.793.103.042.45
Tax18.3913.226.182.990.870.850.70
Net profit46.0932.1116.041.802.232.191.75
Net profit margin+25.3%+26.7%+26.1%+3.1%+5.2%+5.2%+5.7%
EPS (₹)19.2017.5514.591.632.042.001.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital24.8718.3011.0011.0011.0011.0011.00
Reserves & surplus19474.8932.5713.6413.0010.758.54
Shareholders' funds (net worth)21893.1944.0024.6424.0021.7519.54
Secured loans28.3611.3316.7016.5914.3413.929.16
Unsecured loans20.0228.4021.9421.520.000.000.00
Total debt48.3839.7338.6438.1114.3413.929.16
Total liabilities26813490.2563.0759.9560.4458.00
Assets
Gross block24311367.1564.0869.2966.2160.55
Net block18068.3830.3133.1644.0045.4943.34
Capital work in progress22.1448.1343.1514.010.000.000.00
Investments0.000.000.532.872.243.500.95
Inventories0.040.070.110.070.050.050.05
Sundry debtors32.1622.2925.0423.2813.6011.6616.80
Cash & bank balances31.182.562.190.390.290.200.96
Loans & advances27.3013.3712.5011.229.118.846.04
Total current assets90.6838.2939.8434.9623.0520.7523.85
Total current liabilities29.3123.7525.6521.589.349.3010.12
Net working capital61.3714.5414.1913.3813.7111.4513.73
Total assets26813490.2563.0759.9560.4458.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.562.192.260.290.200.960.11
Net cash from operating activities49.3643.2130.808.163.164.9218.89
Net cash from investing activities(106)(51.33)(31.09)(8.59)(3.07)(5.67)(18.04)
Net cash from financing activities84.888.490.220.540.000.000.00
Net change in cash28.630.37(0.07)0.100.09(0.75)0.85
Closing cash31.182.562.190.390.290.200.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+51.5%+95.5%+5.1%+37.2%+1.3%+37.2%-
EBITDA growth+52.4%+80.8%+134.8%+28.2%+12.8%+26.4%-
PBT growth+42.3%+104.0%+363.9%+54.5%+2.0%+24.1%+43.3%
Net income growth+43.5%+100.2%+791.1%-19.3%+1.8%+25.1%-
Revenue CAGR (3Y)+46.0%+41.3%+13.5%+24.0%+16.3%+18.8%-
EBITDA CAGR (3Y)+86.3%+75.9%+50.3%+22.2%+19.1%+10.4%-
Profitability & leverage
Net income margin+25.3%+26.7%+26.1%+3.1%+5.2%+5.2%+5.7%
Return on capital employed-+42.8%+32.2%+12.1%+9.5%+9.4%+9.1%
Return on net worth-+46.8%+46.8%+7.4%+9.8%+10.7%+9.4%
Debt / equity-0.571.121.080.620.560.46
Long-term debt / equity-0.480.950.770.310.210.07
Interest cover4.465.4010.0636.0446.6146.0847.20
Efficiency & per share
Fixed asset turnover-1.330.940.880.630.660.60
Inventory turnover-1,334.89682.89974.67852.40841.20227.04
Debtors turnover-5.082.543.173.372.961.86
EPS (₹)19.2017.5514.591.632.042.001.59
Dividend per share (₹)1.000.000.000.000.000.000.00
Book value per share (₹)0.0050.9339.6122.4021.8119.7717.77

Competitors of Virtual Galaxy Infotech

Virtual Galaxy Infotech has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Happiest Minds
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
Datamatics
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Virtual Galaxy Infotech

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Web traffic of Virtual Galaxy Infotech

The website of Virtual Galaxy Infotech (vgipl.com) receives about 3.3K visits a month.

  • Monthly visits
    3.3K

    ▼ 11.2% vs previous month

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Related news about Virtual Galaxy Infotech

Virtual Galaxy Infotech Ltd Gets Order Worth 15.3 Million Rupees
Reuters • 3 months ago
Virtual Galaxy Infotech Ltd Signs $1.1 Million Software Contract With Botswana Development Corporation
Reuters • 6 months ago
Virtual Galaxy Infotech Entered Into Software Development Agreement With Botswana Development Corporation Limited
Reuters • 6 months ago
Virtual Galaxy Infotech rises after signing MoU with Xangars Infratech | Capital Market News - Business Standard
Business Standard • 1 year ago
Virtual Galaxy Infotech stock lists at 26% premium, misses GMP estimates | Markets News - Business Standard
Business Standard • 1 year ago
Virtual Galaxy Infotech SME IPO: Subscription status, Issue size, price band, other details | Zee Business
ZEE Business • 1 year ago
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Frequently Asked Questions about Virtual Galaxy Infotech

Virtual Galaxy Infotech was founded in 1997.

Virtual Galaxy Infotech is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.

Virtual Galaxy Infotech has 106 employees.

The primary company behind Virtual Galaxy Infotech, Virtual Galaxy Infotech Limited, reported revenue of ₹183 Cr for FY 2026, up 52% year on year.

Virtual Galaxy Infotech was founded in 1997 and is headquartered in Nagpur, India. Operations focus on the information technology sector, where enterprise resource planning (ERP) software services are delivered to clients. These services encompass software implementation, customization, and support, primarily through the domain vgipl.com. The company maintains a presence in the Indian market, addressing business process needs in various industries without international expansion noted.

Virtual Galaxy Infotech's top competitors include Happiest Minds and Datamatics.

Virtual Galaxy Infotech offers E-Banker and Transaction Automation.

Yes, Virtual Galaxy Infotech is publicly traded on NSE under the ticker symbol VGINFOTECH.

Virtual Galaxy Infotech operates through Virtual Galaxy Infotech Limited.

The legal entities of Virtual Galaxy Infotech currently have 8 directors, including Anjali Vinay Padhye, Avinash Narayanrao Shende, Sachin Purushottam Pande and others.

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