VL E-Governance & IT Solutions (NSE:VLEGOV) ROCE %: -5.20% (As of Mar. 2026)


NSE:VLEGOV VL E-Governance & IT Solutions Ltd NSE:VLEGOV
33 GF Score
Price ₹12.95
GF Value ₹13.11
Valuation Fairly Valued
! 2 Warning Signs
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What is VL E-Governance & IT Solutions ROCE %?

VL E-Governance & IT Solutions NSE:VLEGOV -0.23% 33 ROCE % is -5.20% as of Mar. 2026. GuruFocus rates NSE:VLEGOV with a GF Score™ of 33/100 and a GF Value™ of ₹13.11 (Fairly Valued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. VL E-Governance & IT Solutions's annualized ROCE % for the quarter that ended in Mar. 2026 was -5.20%.

VL E-Governance & IT Solutions  (NSE:VLEGOV) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

VL E-Governance & IT Solutions ROCE % Related Terms

VL E-Governance & IT Solutions ROCE % Historical Data

* Premium members only.

The historical data trend for VL E-Governance & IT Solutions's ROCE % 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 ROCE % Chart

VL E-Governance & IT Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
0.31 -6.71 -201.83 -2.44

VL E-Governance & IT Solutions Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -22,044.11 6.13 0.00 0.00 -5.20
NSE:VLEGOV
33GF Score
VL E-Governance & IT Solutions Ltd NSE:VLEGOV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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VL E-Governance & IT Solutions ROCE % Calculation

VL E-Governance & IT Solutions's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-11.024/( ( (484.832 - 27.679) + (471.982 - 25.851) )/ 2 )
=-11.024/( (457.153+446.131)/ 2 )
=-11.024/451.642
=-2.44 %

VL E-Governance & IT Solutions's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-23.204/( ( (0 - 0) + (471.982 - 25.851) )/ 1 )
=-23.204/( ( 0 + 446.131 )/ 1 )
=-23.204/446.131
=-5.20 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -5.20% mean?
VL E-Governance & IT Solutions (NSE:VLEGOV) has a ROCE % of -5.20% as of Mar. 2026.
Is VL E-Governance & IT Solutions' ROCE % too high?
VL E-Governance & IT Solutions' current ROCE % is -5.20%. Overall, VL E-Governance & IT Solutions has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VL E-Governance & IT Solutions' ROCE % compare to IBM and ACN?
VL E-Governance & IT Solutions' ROCE % of -5.20% can be compared against companies in the Software industry. The industry median ROCE % is 5.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.18, based on 2,710 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VL E-Governance & IT Solutions's current ROCE % is -5.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VL E-Governance & IT Solutions stock overvalued right now?
Based on GuruFocus' analysis, VL E-Governance & IT Solutions (NSE:VLEGOV) is currently considered Fairly Valued. The stock's GF Value™ is ₹13.11, compared to a current price of ₹12.95 — trading 1.2% below its estimated fair value. The current ROCE % is -5.20%. VL E-Governance & IT Solutions' overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For VL E-Governance & IT Solutions (NSE:VLEGOV), the current ROCE % is -5.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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

Based on GuruFocus' analysis, VL E-Governance & IT Solutions stock appears to be undervalued. The current stock price of ₹12.95 is trading 1.2% below its estimated GF Value™ of ₹13.11. GuruFocus considers VL E-Governance & IT Solutions to be Fairly Valued.

Key valuation signals for NSE:VLEGOV:

  • ROCE %: -5.20%
  • GF Value™: ₹13.11 vs. price of ₹12.95 (1.2% below fair value)
  • GF Score™: 33/100 with 2 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).
33GF Score

Get the complete analysis for NSE:VLEGOV

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

₹12.95
Price
₹13.11
GF Value