VGINFOTECH
Virtual Galaxy Infotech Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
VGINFOTECH
FY26 → FY29 · 3 years of guidance · ~2.7 years from today₹150 today
BEAR
₹565
+278%+65% a yr
14.4% a year · 20.4x exit
BASE
₹1,093
+631%+111% a yr
25% a year · 30.2x exit
BULL
₹2,376
+1490%+183% a yr
34% a year · 53.3x exit
Where the market has priced it
2x8x today326x
- the guided figure reached earnings through a low-confidence bridge
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 21 Packaged Software peers
- at 8x its FY26 earnings the stock trades below the bottom of its own ten-year range (20x)
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹18.53 (screener) |
|---|---|
| Guided growth | 25% a year, said on the call of 06-Jun-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 20.35x / 30.2x / 53.33x, this company’s own p20 / median / p80 across 21 filed years |
| Filed-industry peers | median 30.2x across 21 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)3 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 25%
So you can take that as a guidance, around 40% plus we are growing as a CAGR and 25% is the bottom line.
Call 06-Jun-2026 · bridge confidence low · transcript PDF