About Vl E-Governance & It Solutions Limited
Data last updated: 08 January 2026
Vl E-Governance & It Solutions Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Vakrangee Limited. It specialises in wholesale trading and distribution, a part of the broader trading and commerce sector. Incorporated on 18 March 2016, the company has been in operation for over 10 years.
Registered with ROC Mumbai under CIN U60231MH2016PTC274618. Listed.
Capital: an authorised share capital of ₹200 Cr and a paid-up capital of ₹108.45 Cr. Formerly known as Vl E-Governance & It Solutions Private Limited and Vakrangee Logistics Private Limited. It is led by directors including Tanu Surendra Shukla and Sanjay Nandwana.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Vakrangee Corporate House Plot No.93 Road No.16 M.I.D.C. Marol Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.39 Cr, a growth of 44% compared to the previous year.
It operates as a subsidiary of Vakrangee Limited.
The company is associated with 2 brands - Vl E-Governance, Vakrangee.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vakrangee.in.
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Registered AddressVakrangee Corporate House Plot No.93 Road No.16 M.I.D.C. Marol Andheri East, Mumbai, Maharashtra, India – 400093
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IndustryTrading, Wholesale, Other Wholesale
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited has undergone 2 name changes throughout its history. The company was previously known as Vl E-Governance & It Solutions Private Limited, and Vakrangee Logistics Private Limited. The current legal name is Vl E-Governance & It Solutions Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Vl E-Governance & It Solutions Limited | Current |
| Vl E-Governance & It Solutions Private Limited | Previous |
| Vakrangee Logistics Private Limited | Previous |
CIN History of Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74110MH2016PLC274618, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74110MH2016PLC274618 | Current |
| U60231MH2016PTC274618 | Previous |
| U74110MH2016PLC274618 | Previous |
| U74110MH2016PTC274618 | Previous |
Associated Brands with Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited operates two associated brands: VL E-Governance and Vakrangee. These brands represent Vl E-Governance & It Solutions Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| E-governance and IT solutions are provided, including learning systems. | vlegovernance.in | |
| Correspondent banking solutions are provided via an agent-based platform. | vakrangee.in |
Competitors & Alternatives of Vl E-Governance & It Solutions Limited
Brands and companies operating in the same space as Vl E-Governance & It Solutions Limited include Happiest Minds, Mavenir, GirnarSOFT and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
GirnarSOFT
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Provider of website, web & mobile application development, BI, and digital marketing services | Jaipur, India, India | 2007 |
1&1 IONOS
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
|
Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Pay Point India
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Digital financial and retail services are provided via agent networks. | Mumbai, India, India | 2007 |
Spice Money
|
Digital payment and banking service provider in rural areas | Noida, India, India | 2000 |
Business Activity of Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited is audited by BKG and Associates (ICAI peer reviewed, certificate valid till 2028-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| BKG and Associates (ICAI peer reviewed, certificate valid till 2028-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited is currently managed by 8 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Tanu Surendra Shukla
Also directs:
Shinevogue Multiventure Private Limited
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Director | 08 Jun 2023 | 3 Years 1 Months | Current |
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Sanjay Nandwana
Also directs:
Evlovance Technology Private Limited
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Managing Director | 27 Mar 2025 | 1 Years 3 Months | Current |
| Anoop Kumar Agrawal | Director | 10 Dec 2024 | 1 Years 6 Months | Current |
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Nishikant Kishanrao Hayatnagarkar
Also directs:
Vortex Engineering Private Limited, Vakrangee Finserve Limited
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Director | 04 Dec 2024 | 1 Years 7 Months | Current |
| Chandra Kailash Vishwakarma | Director | 10 Dec 2024 | 1 Years 6 Months | Current |
| Hari Mohan | Director | 04 Dec 2024 | 1 Years 7 Months | Current |
Financials of Vl E-Governance & It Solutions Limited FY 2026 filings available
Vl E-Governance & It Solutions Limited reported revenue of ₹17.15 Cr (down 44.1% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹17.15 Cr | ₹30.69 Cr | ₹22.01 Cr |
| Other Income | ₹50.58 Lakh | ₹1.7 Cr | ₹44.15 Lakh |
| Total Income | ₹17.66 Cr | ₹32.39 Cr | ₹22.45 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹16.15 Cr | ₹25.69 Cr | ₹21.98 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.34 Cr | ₹2.75 Cr | ₹2.46 Cr |
| Finance Costs | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹13.57 Lakh | ₹3.84 Lakh | ₹9,000 |
| Other Expenses | ₹1.13 Cr | ₹2.51 Cr | ₹5.64 Cr |
| Total Expenses | ₹18.76 Cr | ₹30.99 Cr | ₹30.08 Cr |
| Profit Before Exceptional Items & Tax | -₹1.1 Cr | ₹1.4 Cr | -₹7.63 Cr |
| Exceptional Items | ₹0 | -₹2,518.41 Cr | -₹162.3 Cr |
| Profit Before Tax | -₹1.1 Cr | -₹2,517.01 Cr | -₹169.93 Cr |
| Total Tax Expense | ₹2.83 Lakh | ₹2.02 Lakh | ₹6,000 |
| Net Profit | -₹1.13 Cr | -₹2,517.03 Cr | -₹169.93 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.13 Cr | -₹2,517.03 Cr | -₹169.93 Cr |
| EBITDA (computed) | -₹96.67 Lakh | ₹1.44 Cr | -₹7.63 Cr |
| Basic EPS | ₹-0.10 | ₹-236.42 | ₹-16.04 |
| Diluted EPS | ₹-0.10 | ₹-215.25 | ₹-16.04 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹47.2 Cr | ₹48.48 Cr | ₹2,517.14 Cr |
| Non-current Assets | ₹42.38 Cr | ₹2.38 Cr | ₹30.17 Cr |
| Current Assets | ₹4.82 Cr | ₹46.1 Cr | ₹2,486.98 Cr |
| Property, Plant & Equipment | ₹2.35 Cr | ₹2.35 Cr | ₹28,000 |
| Inventories | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹1.16 Cr | ₹0 | ₹1,159.12 Cr |
| Cash & Equivalents | ₹2.04 Cr | ₹2.46 Cr | ₹5.35 Lakh |
| Equity (Net Worth) | ₹44.57 Cr | ₹45.7 Cr | ₹2,448.42 Cr |
| Equity Share Capital | ₹108.45 Cr | ₹108.45 Cr | ₹105.95 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹51.09 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹51.09 Cr |
| Current Liabilities | ₹2.59 Cr | ₹2.77 Cr | ₹68.73 Cr |
| Total Liabilities | ₹2.63 Cr | ₹2.79 Cr | ₹68.73 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | ₹32 Lakh | -₹60.13 Cr | ₹2.2 Cr |
| Investing Cash Flow | ₹22.22 Lakh | -₹68.42 Lakh | ₹42.84 Lakh |
| Financing Cash Flow | ₹0 | ₹63.22 Cr | -₹2.59 Cr |
| Capital Expenditure | ₹13.73 Lakh | ₹2.38 Cr | ₹37,000 |
| Free Cash Flow (computed) | ₹18.27 Lakh | -₹62.51 Cr | ₹2.2 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹54.22 Lakh | ₹2.41 Cr | ₹4.55 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.19 Cr | ₹4.48 Cr | ₹3.25 Cr | ₹8.24 Cr | ₹4.97 Cr | ₹15.21 Cr | ₹7.99 Cr | ₹2.51 Cr | ₹0 | ₹0 | ₹22.01 Cr | ₹0 |
| Other Income | ₹4.6 Lakh | ₹2.82 Lakh | ₹5.44 Lakh | ₹37.72 Lakh | ₹69.25 Lakh | ₹85.52 Lakh | ₹12.29 Lakh | ₹2.87 Lakh | ₹8.28 Lakh | ₹3.22 Lakh | ₹31.71 Lakh | ₹94,000 |
| Total Income | ₹1.23 Cr | ₹4.51 Cr | ₹3.31 Cr | ₹8.61 Cr | ₹5.66 Cr | ₹16.07 Cr | ₹8.11 Cr | ₹2.54 Cr | ₹8.28 Lakh | ₹3.22 Lakh | ₹22.33 Cr | ₹94,000 |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹1.19 Cr | ₹4.48 Cr | ₹3.25 Cr | ₹7.24 Cr | ₹4.97 Cr | ₹12.91 Cr | ₹6.37 Cr | ₹1.43 Cr | ₹0 | ₹0 | ₹21.98 Cr | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹30.64 Lakh | ₹33.67 Lakh | ₹31.93 Lakh | ₹37.98 Lakh | ₹95.59 Lakh | ₹81.42 Lakh | ₹72.98 Lakh | ₹25.25 Lakh | ₹23.16 Lakh | ₹41.04 Lakh | ₹93.3 Lakh | ₹88.31 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹3.36 Lakh | ₹3.43 Lakh | ₹3.43 Lakh | ₹3.35 Lakh | ₹2.83 Lakh | ₹95,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹0 |
| Other Expenses | ₹28.61 Lakh | ₹36.28 Lakh | ₹21.83 Lakh | ₹26.31 Lakh | ₹67.73 Lakh | ₹1.39 Cr | ₹19.94 Lakh | ₹24.24 Lakh | ₹1.02 Cr | ₹65.15 Lakh | ₹41.85 Lakh | ₹3.55 Cr |
| Total Expenses | ₹1.81 Cr | ₹5.21 Cr | ₹3.82 Cr | ₹7.91 Cr | ₹6.64 Cr | ₹15.12 Cr | ₹7.3 Cr | ₹1.93 Cr | ₹1.25 Cr | ₹1.06 Cr | ₹23.33 Cr | ₹4.43 Cr |
| Profit Before Exceptional Items & Tax | -₹58.01 Lakh | -₹70.57 Lakh | -₹51.74 Lakh | ₹70.08 Lakh | -₹97.05 Lakh | ₹94.59 Lakh | ₹81.2 Lakh | ₹61.31 Lakh | -₹1.17 Cr | -₹1.03 Cr | -₹1 Cr | -₹4.42 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹2,518.41 Cr | ₹0 | ₹0 | ₹0 | -₹162.3 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹58.01 Lakh | -₹70.57 Lakh | -₹51.74 Lakh | ₹70.08 Lakh | -₹2,519.38 Cr | ₹94.59 Lakh | ₹81.2 Lakh | ₹61.31 Lakh | -₹163.47 Cr | -₹1.03 Cr | -₹1 Cr | -₹4.42 Cr |
| Total Tax Expense | ₹72,000 | ₹81,000 | ₹64,000 | ₹66,000 | ₹1.71 Lakh | ₹29,000 | ₹1,000 | ₹1,000 | ₹2,000 | ₹0 | ₹3,000 | ₹1,000 |
| Net Profit | -₹58.73 Lakh | -₹71.38 Lakh | -₹52.38 Lakh | ₹69.42 Lakh | -₹2,519.4 Cr | ₹94.3 Lakh | ₹81.19 Lakh | ₹61.3 Lakh | -₹163.47 Cr | -₹1.03 Cr | -₹1 Cr | -₹4.42 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹58.73 Lakh | -₹71.38 Lakh | -₹52.38 Lakh | ₹69.42 Lakh | -₹2,519.4 Cr | ₹94.3 Lakh | ₹81.19 Lakh | ₹61.3 Lakh | -₹163.47 Cr | -₹1.03 Cr | -₹1 Cr | -₹4.42 Cr |
| EBITDA (computed) | -₹54.65 Lakh | -₹67.14 Lakh | -₹48.31 Lakh | ₹73.43 Lakh | -₹94.22 Lakh | ₹95.54 Lakh | ₹81.23 Lakh | ₹61.34 Lakh | -₹1.17 Cr | -₹1.03 Cr | -₹1 Cr | -₹4.42 Cr |
| Basic EPS | ₹-0.05 | ₹-0.07 | ₹-0.05 | ₹0.06 | ₹-232.31 | ₹0.09 | ₹0.08 | ₹0.06 | ₹-15.43 | ₹-0.10 | ₹-0.09 | ₹-0.42 |
| Diluted EPS | ₹-0.05 | ₹-0.07 | ₹-0.05 | ₹0.06 | ₹-215.45 | ₹0.09 | ₹0.08 | ₹0.06 | ₹-15.43 | ₹-0.10 | ₹-0.09 | ₹-0.42 |
Board & Governance of Vl E-Governance & It Solutions Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Vl E-Governance & It Solutions Limited has 6 directors - 4 independent and 2 executive. The board is chaired by NISHIKANT KISHANRAO HAYATNAGARKAR.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| NISHIKANT KISHANRAO HAYATNAGARKAR | Executive Director · Chairperson | 2024-12-04 | 1 |
| SANJAY NANDWANA | Executive Director · MD | 2025-03-27 | 1 |
| HARI MOHAN | Non-Executive - Independent Director | 2024-12-04 | 1 |
| ANOOP KUMAR AGRAWAL | Non-Executive - Independent Director | 2024-12-10 | 1 |
| CHANDRA KAILASH VISHWAKARMA | Non-Executive - Independent Director | 2024-12-10 | 1 |
| TANU SURENDRA SHUKLA | Non-Executive - Independent Director | 2023-06-08 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | ANOOP KUMAR AGRAWAL (Chairperson), NISHIKANT KISHANRAO HAYATNAGARKAR, CHANDRA KAILASH VISHWAKARMA |
| Nomination and remuneration committee | HARI MOHAN (Chairperson), ANOOP KUMAR AGRAWAL, CHANDRA KAILASH VISHWAKARMA |
| Stakeholders Relationship Committee | TANU SURENDRA SHUKLA (Chairperson), SANJAY NANDWANA, NISHIKANT KISHANRAO HAYATNAGARKAR |
| Risk Management Committee | SANJAY NANDWANA (Chairperson), NISHIKANT KISHANRAO HAYATNAGARKAR, TANU SURENDRA SHUKLA |
| Corporate Social Responsibility Committee | SANJAY NANDWANA (Chairperson), NISHIKANT KISHANRAO HAYATNAGARKAR, TANU SURENDRA SHUKLA |
Charges & Borrowings Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vl E-Governance & It Solutions Limited
View historical data on people associated with Vl E-Governance & It Solutions Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Vl E-Governance & It Solutions Limited
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GST Compliance of Vl E-Governance & It Solutions Limited
GSTIN & GST Filing Data of Vl E-Governance & It Solutions Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vl E-Governance & It Solutions Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Vl E-Governance & It Solutions Limited
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MSME Payment Delays by Vl E-Governance & It Solutions Limited
MSME Payment Delays by Vl E-Governance & It Solutions Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Vl E-Governance & It Solutions Limited
Subsidiaries & Group Companies of Vl E-Governance & It Solutions Limited
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MCA Filings & Documents of Vl E-Governance & It Solutions Limited
MCA Filings & Documents of Vl E-Governance & It Solutions Limited
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Recent Activity on Vl E-Governance & It Solutions Limited
Recent News on Vl E-Governance & It Solutions Limited
Frequently Asked Questions about Vl E-Governance & It Solutions Limited
Vl E-Governance & It Solutions Limited is an active public limited company in the trading sector based in Mumbai, Maharashtra, India. It was incorporated on 18 March 2016 (10+ years old) and is registered under CIN L74110MH2016PLC274618.
Vl E-Governance & It Solutions Limited reported revenue of ₹32.39 Cr for FY 2025 (up 44.00% YoY).
The current directors of Vl E-Governance & It Solutions Limited are:
- Tanu Surendra Shukla
- Sanjay Nandwana
- Anoop Kumar Agrawal
- Nishikant Kishanrao Hayatnagarkar
- Chandra Kailash Vishwakarma
- Hari Mohan
- Nilesh Champalal Wadode
- Parth Hitesh Solanki
The primary industry of Vl E-Governance & It Solutions Limited is trading. The company specifically operates in wholesale. The company is currently active in this sector.
Yes, Vl E-Governance & It Solutions Limited is a listed company.
Vl E-Governance & It Solutions Limited can be reached at the registered office: Vakrangee Corporate House Plot No.93 Road No.16 M.I.D.C. Marol Andheri East, Mumbai, Maharashtra, India – 400093, or through the website vakrangee.in.