VL E-Governance & IT Solutions (NSE:VLEGOV) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VLEGOV VL E-Governance & IT Solutions Ltd NSE:VLEGOV
47 GF Score
Price ₹10.80
GF Value ₹7.71
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is VL E-Governance & IT Solutions Debt-to-Equity?

VL E-Governance & IT Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0.00 Mil. VL E-Governance & IT Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0.00 Mil. VL E-Governance & IT Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0.00 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for VL E-Governance & IT Solutions's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of VL E-Governance & IT Solutions was 0.02. The lowest was 0.02. And the median was 0.02.

NSE:VLEGOV's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

VL E-Governance & IT Solutions  (NSE:VLEGOV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


VL E-Governance & IT Solutions Debt-to-Equity Related Terms


VL E-Governance & IT Solutions Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for VL E-Governance & IT Solutions's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VL E-Governance & IT Solutions Debt-to-Equity Chart

VL E-Governance & IT Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
0.02 0.02 0.00 0.00

VL E-Governance & IT Solutions Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 0.00 N/A

NSE:VLEGOV vs IBM, ACN, CTSH: Debt-to-Equity Comparison

For the Information Technology Services subindustry, VL E-Governance & IT Solutions's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VL E-Governance & IT Solutions Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, VL E-Governance & IT Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VL E-Governance & IT Solutions's Debt-to-Equity falls into.


NSE:VLEGOV
47GF Score
VL E-Governance & IT Solutions Ltd NSE:VLEGOV
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VL E-Governance & IT Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VL E-Governance & IT Solutions's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

VL E-Governance & IT Solutions's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is VL E-Governance & IT Solutions (NSE:VLEGOV) Overvalued in 2026?

Based on GuruFocus' analysis, VL E-Governance & IT Solutions stock appears to be overvalued. The current stock price of ₹10.80 is trading 40.1% above its estimated GF Value™ of ₹7.71. GuruFocus considers VL E-Governance & IT Solutions to be Significantly Overvalued.

Key valuation signals for NSE:VLEGOV:

  • Debt-to-Equity: N/A
  • GF Value™: ₹7.71 vs. price of ₹10.80 (40.1% above fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the NSE:VLEGOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VL E-Governance & IT Solutions Business Description

Other Exchanges 543958:India
Address Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093
VL E-Governance & IT Solutions Ltd operates mainly in the E-Governance and IT/ITES sector, specializing as a system integrator and end-to-end service provider for large-scale E-Governance projects. The company has expertise in managing extensive multi-state enrollment initiatives, data digitization, software development, and licensing. Its business activities encompass E-Governance services, IT/ITES system integration, B2B trading, and trading of IT/ITES equipment. The entire business is categorized under a single reportable segment called E-Governance & IT/ITES Business (B2B).
47GF Score

Get the complete analysis for NSE:VLEGOV

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹10.80
Price
₹7.71
GF Value