Virtual Galaxy Infotech Ltd. – Company Report
1. Company Overview
Virtual Galaxy Infotech Ltd. (VGIL), founded in 1997 and headquartered in Nagpur, Maharashtra, is a prominent Indian information technology and consulting company. The firm is known for its broad footprint in IT services, specializing in core banking, enterprise resource planning (ERP), e-governance platforms, and custom digital solutions for enterprises and institutions. VGIL serves a client base spanning more than 150 organizations—including banks, manufacturing units, and public sector enterprises—across India and select international markets. The company employs over 350 professionals and is publicly listed as of May 2025 on NSE Emerge, following its conversion to a public limited entity.
With nearly three decades of domain expertise, VGIL is recognized for supporting large-scale digital transformation initiatives across the banking, BFSI, manufacturing, and government sectors. Its solutions enable transaction automation, compliance, customer service delivery, and decision support.
- Incorporated: 1997
- Headquarters: Nagpur, Maharashtra, India
- Public Listing: NSE Emerge (May 2025)
- Employees: 350+
- Client Segments: Banking, Finance, Government, Manufacturing, Business Houses
- Market Cap (July 2025): ~₹447 crore
- Certifications: ISO standards, technology partnerships
- International Presence: Core banking software deployed in Tanzania and other Asian/African markets
2. Products and Services
Virtual Galaxy Infotech Ltd. offers a diverse suite of enterprise technology solutions and consulting services across multiple sectors:
Core Banking Solutions
- End-to-end CBS platforms for urban, rural, and cooperative banks
- e-Banker platform with eKYC, compliance, and multi-channel support
- Offered via Capex/Opex deployment models
ERP & Integrated Business Suites
- IBS ERP for sectors like textiles, sugar, and steel
- Modular and customizable for large and medium enterprises
E-Governance & Public Sector Platforms
- Digital platforms for APMCs, auction systems, and public utilities
- Implementation of computerized agricultural market systems
IT Infrastructure & Data Center Services
- Data center setup, DC/DR solutions, cloud integration
- System integration, ongoing IT maintenance, and uptime assurance
Digital Consulting & Custom Software Development
- End-to-end project management and IT advisory
- Capabilities in IoT, big data, cloud, and web technologies
3. Recent News and Financial Performance
Business Highlights:
- September 9, 2025: Virtual Galaxy Infotech signed an MoU with Xangars Infratech to deploy 100,000 UPI and QR sound boxes in three years, boosting digital payments and generating Rs. 69 crore.
- June 24, 2025: The Mizoram Cooperative Apex Bank has awarded a purchase order worth approximately Rs 2.25 crore to Virtual Galaxy Infotech Limited. The order pertains to the supply, installation, and maintenance of a state-of-the-art Central Security Operations Center (C-SOC) solution.
- Secured international CBS order from a commercial bank in Tanzania, showcasing global delivery capabilities.
- May 2025; Successfully listed on NSE Emerge, marking a strategic milestone for capital access and visibility.
- FY2023–FY2025: Expanded core banking and ERP deployments across India and abroad.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹120.1 crore |
| Net Profit | ₹32.1 crore |
| Operating Profit Margin | 46% |
| Earnings Per Share (EPS) | ₹17.55 |
| Return on Equity (ROE) | 48% |
| Dividend | Not declared (reinvested) |