---
title: "Virtual Global Education Ltd (534741) — Share Price, Financials & Analysis"
symbol: "534741"
company: "Virtual Global Education Ltd"
canonical: "https://tapetide.com/stocks/534741"
isin: "INE247C01023"
nse_symbol: "VIRTUALG"
bse_code: "534741"
sector: "Consumer Services"
industry: "Education"
market_cap_cr: 25.48
generated_at: "2026-09-13T19:37:23.658Z"
---

# Virtual Global Education Ltd (534741)

Canonical page: https://tapetide.com/stocks/534741

## Company

- **NSE Symbol:** VIRTUALG
- **BSE Code:** 534741
- **ISIN:** INE247C01023
- **Sector:** Consumer Services
- **Industry:** Education
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** virtualeducation.co.in

## About

Virtual Global Education Ltd is a BSE-listed education-services company historically engaged in government-linked vocational skilling, training and placement.[1]

## Latest Price

- **Price:** ₹0.45
- **Change:** +0.02 (+4.65%)
- **Open:** ₹0.45
- **Day High:** ₹0.45
- **Day Low:** ₹0.43
- **Previous Close:** ₹0.43
- **Volume:** 212463
- **As Of:** 2026-09-11T09:38:21+00:00

## Key Fundamentals

Observed at 2026-09-11T04:51:09.832262Z.

- **Market Cap:** ₹25.48 Cr
- **Classification:** Microcap
- **P/E (reported):** 0
- **EPS (TTM):** ₹0
- **Book Value:** ₹1.33
- **Price to Book:** 0.34
- **Dividend Yield:** 0%
- **ROE:** -0.45%
- **ROCE:** -0.42%
- **Debt to Equity:** 0.02
- **Revenue (yearly):** ₹0.6 Cr
- **Net Income:** ₹-0.3 Cr
- **EBITDA:** ₹-0.3 Cr
- **52-Week High:** ₹0.6
- **52-Week Low:** ₹0.4
- **RSI (14):** 51.56

## Tapetide Score

- **Score:** 40 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Flat
- **Percentile:** 14.5 (of 4473 scored stocks)
- **Confidence:** 77%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 70.69 | 9.89% |
| momentum | 53.69 | 13.19% |
| ownership | 50 | 26.37% |
| quality | 18 | 24.18% |
| valuation | 43.42 | 26.37% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.34 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 8.59%
- Company has a low return on equity of -1.31% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y |
| --- | --- | --- | --- |
| cash flow growth | — | -110.85% | — |
| ebitda margin growth | 150% | 45.34% | -82.99% |
| net income growth | 150% | -25% | -83.33% |
| revenue growth | 50% | -45.45% | -5.01% |
| roce | -133.33% | -22.22% | -83.06% |
| roe | -133.33% | -25% | -1.34% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.24 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 |
| Expenses | 0.36 | 0.11 | 1.86 | 0.29 | 0.36 | 0.55 | 0.18 | 0.18 | 0.32 | 0.08 | 0.34 | 0.17 |
| Operating Profit | -0.36 | 0.13 | -1.82 | -0.29 | -0.36 | -0.55 | -0.18 | -0.18 | -0.32 | -0.08 | -0.34 | -0.14 |
| OPM % | — | 54.17 | -4550 | — | — | — | — | — | — | — | — | -466.67 |
| Other Income | 0.19 | 0 | 0 | 0.26 | 0.42 | 0.2 | 0.17 | 0.2 | 0.18 | 0.15 | 0.15 | 0.23 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.19 | 0.11 | -1.84 | -0.04 | 0.05 | -0.36 | -0.02 | 0.01 | -0.16 | 0.05 | -0.21 | 0.07 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.19 | 0.12 | -1.84 | -0.04 | 0.05 | -0.37 | -0.02 | 0 | -0.16 | 0.05 | -0.21 | 0.07 |
| EPS in Rs | 0 | 0 | -0.04 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 0.01 | 0 | 0 | 0 | 0.03 |
| Expenses | 0.43 | 2.43 | 1.38 | 0.85 | 0.91 |
| Operating Profit | -0.42 | -2.43 | -1.38 | -0.85 | -0.88 |
| OPM % | -4200 | -261.19 | — | — | -2933.33 |
| Other Income | 1.33 | 0.67 | 1.06 | 0.59 | 0.71 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.08 | 0.06 | 0.05 | 0.07 | 0.08 |
| Profit before tax | 0.83 | -1.82 | -0.37 | -0.33 | -0.25 |
| Tax % | 26.51 | 0.55 | 2.7 | 3.03 | — |
| Net Profit | 0.61 | -1.83 | -0.39 | -0.34 | -0.25 |
| EPS in Rs | 0.01 | -0.04 | -0.01 | -0.01 | 0 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 42.37 | 42.37 | 42.37 | 56.62 |
| Reserves | 21 | 19.17 | 22.34 | 18.44 |
| Borrowings | 2.73 | 2.54 | 2.23 | 1.77 |
| Other Liabilities | 15.34 | 14.07 | 7.36 | 7.22 |
| Total Liabilities | 81.44 | 78.15 | 74.3 | 84.05 |
| Fixed Assets | 13.85 | 13.79 | 13.75 | 13.79 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0.39 | 0.39 | 0.4 | 0.4 |
| Other Assets | 67.2 | 63.97 | 60.15 | 69.86 |
| Total Assets | 81.44 | 78.15 | 74.3 | 84.05 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -375.15 | -0.64 | -5.16 | -10.88 |
| Cash from Investing Activity | 26.28 | 0 | -0.02 | -0.1 |
| Cash from Financing Activity | 1.23 | 0.67 | 4.6 | 11.27 |
| Net Cash Flow | -347.63 | 0.02 | -0.58 | 0.29 |
| Free Cash Flow | -348.87 | -0.64 | -5.17 | -10.98 |
| CFO/OP | 44681 | 26 | 374 | 1280 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 621230 | — | — | — |
| Cash Conversion Cycle | 621230 | — | — | — |
| Working Capital Days | 646415 | — | — | — |
| ROCE % | — | -2.8 | -0.56 | -0.46 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 11.15% | 11.15% | 11.15% | 11.15% | 11.15% | 11% | 11% | 11% | 11% | 11% | 8.59% | 8.59% |
| FIIs | 5.53% | 3.92% | 3.92% | 3.92% | 3.92% | 3.1% | 1.51% | 1.51% | 0.84% | 0.84% | 0.66% | 0.66% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 70.76% | 72.66% | 73.36% | 74.37% | 74.88% | 75.92% | 77.79% | 77.79% | 78.32% | 78.37% | 61.05% | 61.05% |
| Others | 12.54% | 12.25% | 11.55% | 10.54% | 10.03% | 9.96% | 9.67% | 9.67% | 9.82% | 9.77% | 29.68% | 29.68% |
| No. of Shareholders | 79553 | 79968 | 85410 | 85570 | 85477 | 88838 | 90896 | 90896 | 92069 | 91450 | 90645 | 90645 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.46 | Sell |
| EMA (10) | 0.46 | Sell |
| SMA (20) | 0.48 | Sell |
| EMA (20) | 0.46 | Sell |
| SMA (50) | 0.46 | Sell |
| EMA (50) | 0.47 | Sell |
| SMA (100) | 0.5 | Sell |
| EMA (100) | 0.49 | Sell |
| SMA (200) | 0.51 | Sell |
| EMA (200) | 0.5 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.11 | Neutral |
| MACD (12,26,9) | 0 | Sell |
| Stochastic (14,3,3) | 6.72 | Buy |
| ADX (14) | 29.57 | Buy |
| Williams %R (14) | -85.71 | Buy |
| ATR (14) | 0.03 | High Volatility |
| ROC (12) | -13.46 | Sell |
| Stoch RSI (14) | 22.54 | Neutral |
| UO (7,14,28) | 37.04 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-27 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22008f01-de0e-41b2-a0bf-05c3bbbad18f.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3c40c50-113f-40d5-8fd7-e8b4a7194ea5.pdf) |
| 2026-08-25 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6098d7f2-4265-467c-81b6-9d931b0470a2.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1202504d-26d2-4090-bef5-3172c45bd458.pdf) |
| 2026-08-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24518f36-8cdf-4cc3-aeb8-faef1a1c53b8.pdf) |
| 2026-07-31 | [Submission Of Notice Of 33Rd Annual General Meeting Of Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3c26dd5-5338-4025-91f7-6c914e846373.pdf) |
| 2026-07-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3004e8b8-f0e4-4f90-b6b8-d059af8c407c.pdf) |
| 2026-07-21 | [CERTIFICATE FOR STRUCTURED DIGITAL DATABASE (SDD) PURSUANT TO PROVISIONS OF REGULATION 3(5) AND 3(6) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS 2015 FOR THE QUARTER ENDED JUNE 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=352a3133-4f54-4b21-ba7e-1eac08aeb564.pdf) |
| 2026-07-15 | [Statement Of Impact Of Audit Qualification](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c834b11f-5420-4b02-a991-f68b4996ba5a.pdf) |
| 2026-07-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=431c67db-f764-41de-b135-f2ff14312418.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-13 | [OUTCOME OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33c53370-00cc-4af0-967c-cb99166269d0.pdf) |
| 2026-05-27 | [Standalone And Consolidated Audited Financial Results Of The Company For The Fourth Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5e72822-7204-44f6-8dcc-1e869753859d.pdf) |
| 2026-01-14 | [Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc3a5b5d-7e3b-4a90-acf1-54bd5128f0f7.pdf) |
| 2025-11-07 | [Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9fbd1ba-9c8c-4cb2-b0f0-5c58d22bd520.pdf) |
| 2025-08-29 | [Resubmission Of Consolidated Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cd15209-e17d-482d-8867-62ecb2eb76f2.pdf) |
| 2025-07-30 | [Results For The Quarter Ended For June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c26cd0e0-c263-437c-a62d-4454066c073b.pdf) |
| 2025-05-29 | [Results For The Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92f28150-e915-4a7d-9e2e-b1b7ce957000.pdf) |
| 2025-02-14 | [Results For Quarter Ended Dec 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d0803d6-6199-4ad6-a42a-5a58c94325e3.pdf) |
| 2024-11-14 | [Result For Quarter And Half Year Ended 30/09/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0a9e34f-772d-4728-9f31-f3a9729936bd.pdf) |
| 2024-08-09 | [Results Financial Results June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2145c1b8-9fb2-47ec-8215-9d3b0f880487.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 May - Newspaper advertisement for opening of Special window for re-lodgement of transfer of physical shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May - Newspaper advertisement for opening of Special window for re-lodgement of transfer of physical shares.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/04e80a03-c8c0-44de-abde-d6fb779e6ecd.pdf) |
| 7 March 2026 - ₹69.52 crore contract from Cowtown Infotech for Palava Hanging Garden MLCP, 15-month execution. | [Bagging/Receiving of orders/contracts 7 March 2026 - ₹69.52 crore contract from Cowtown Infotech for Palava Hanging Garden MLCP, 15-month execution.](https://nsearchives.nseindia.com/corporate/MASON_07032026125639_Mason_Work_Order_signed.pdf) |
| 7 January 2026 - Compliance certificate under Reg 74(5) for quarter ended 31-Dec-2025; KFIN confirmed demat/remat details furnished. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 January 2026 - Compliance certificate under Reg 74(5) for quarter ended 31-Dec-2025; KFIN confirmed demat/remat details furnished.](https://nsearchives.nseindia.com/corporate/MASON_07012026143306_Mason_Reg_74_DP__sd.pdf) |
| 6 March 2026 - EGM on 31 March 2026 to approve material related-party transactions likely exceeding ₹50 crore. | [Shareholders meeting 6 March 2026 - EGM on 31 March 2026 to approve material related-party transactions likely exceeding ₹50 crore.](https://nsearchives.nseindia.com/corporate/MASON_06032026195958_Mason_EGM_Notice_.pdf) |
| 6 Feb - CEO Satyendra Aryan resigns effective Feb 6, 2026; cites personal reasons. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Executive Officer (CEO) 6 Feb - CEO Satyendra Aryan resigns effective Feb 6, 2026; cites personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ff2783e-305b-4cc3-8480-6e6f4e30dbfb.pdf) |
| 6 Feb - 06-Feb-2026: Conversion of 2,37,50,000 warrants; Rs.1,78,12,500 received; CEO resigned; CFO appointed. | [Appointment Of Mr. Gaurav Garg As Chief Financial Officer (CFO). 6 Feb - 06-Feb-2026: Conversion of 2,37,50,000 warrants; Rs.1,78,12,500 received; CEO resigned; CFO appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b00dcfa2-0d8f-43a1-ad76-a1fe22f0558e.pdf) |
| 6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026. | [Compliance-Certificate Under Reg. 74 (5) Of SEBI (DP) Regulations, 2018. 6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/671aa8cb-8258-4681-b6c3-70bc80c7c802.pdf) |
| 6 Apr - EGM on 28 April 2026 to regularize two independent directors and approve WTD remuneration. | [Notice Of Extra-Ordinary General Meeting Of The Company Scheduled To Be Held On 06Th April, 2026 6 Apr - EGM on 28 April 2026 to regularize two independent directors and approve WTD remuneration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04a549a4-46dc-4494-97e1-d07825a227e4.pdf) |
| 6 Apr - Book closure from 20-28 April 2026 for EGM; e-voting cutoff on 21 April 2026. | [Notice Of Book Closure. 6 Apr - Book closure from 20-28 April 2026 for EGM; e-voting cutoff on 21 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7e85294-5b6a-45f9-9bcd-faec1a7bae23.pdf) |
| 28 Apr - EGM held on 28 April 2026; one director regularized, one item withdrawn after resignation, remuneration approved. | [Shareholder Meeting / Postal Ballot-Outcome of EGM 28 Apr - EGM held on 28 April 2026; one director regularized, one item withdrawn after resignation, remuneration approved.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1773e059-9853-4e91-a09f-4005d17f1869.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27953_MASON_2024_2025_A_14912423_30082025160556.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26113_MASON_2023_2024_0709202404924.pdf) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3004e8b8-f0e4-4f90-b6b8-d059af8c407c.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/813efcb9-dd7a-4a14-a045-85877d5762c3.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37ae7361-db2f-4743-b9e9-5362cf7fdbb0.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c671152-7b58-450e-94a3-55a6f9aaba07.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/534741/74697534741_14_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/534741/68893534741.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/534741/67118534741.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/534741/5347410319.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://nsearchives.nseindia.com/corporate/MASON_26102024213136_Investor_Presentation.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/MASON_17062025143023_Mason_Announcement_17_June_2025_SD.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:37:23.658Z.