New Risk • Apr 23
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₹334.0m market cap, or US$3.55m). Annuncio • Apr 07
Virtual Global Education Limited Appoints Rahul as Company Secretary and Compliance Officer, Effective April 6, 2026 Virtual Global Education Limited considered and approved the appointment of Mr. Rahul as Company Secretary and Compliance Officer, effective April 6, 2026. Mr. Rahul is an Associate Member of the Institute of Company Secretaries of India (ICSI). He holds qualification of CS and B.com. He has been appointed as the Company Secretary and Compliance Officer, entrusted with overseeing the company’s compliance with the Companies Act, 2013, Secretarial Standards, SEBI Regulations, and other applicable laws and regulations, including listed entity compliance requirements. He brings a committed, detail-oriented, and regulatory-focused approach to his role, ensuring adherence to best governance practices. New Risk • Mar 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹238.7m market cap, or US$2.52m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). New Risk • Mar 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹216.1m market cap, or US$2.36m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Annuncio • Jan 24
Virtual Global Education Limited Announces Resignation of Mr. Ponnaluri Venkata Sridhar as Independent Director, Effective January 22, 2026 Virtual Global Education Limited announced that Mr. Ponnaluri Venkata Sridhar has tendered his resignation from the position of the "Independent Director" of Virtual Global Education Limited with effect from the close of business hours on January 22, 2026 due to the personal reasons. Further, he has confirmed that there are no other material reasons for the resignation other than those mentioned in his resignation letter. Annuncio • Jan 20
Virtual Global Education Limited Announces Resignation of Independent Director Rahul Mishra, Effective January 19, 2026 Virtual Global Education Limited announced that Mr. Rahul Mishra has tendered his resignation from the position of Independent Director of Virtual Global Education Limited with effect from closure of business hours on January 19, 2026 due to personal reasons. The resignation was communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the necessary details were provided as per Schedule III of the regulations. Mr. Mishra confirmed that there are no other material reasons for his resignation other than those mentioned in his resignation letter. The Board is responsible for acknowledging the resignation and submitting necessary forms to the Registrar of Companies. Annuncio • Jan 07
Virtual Global Education Limited to Report Q3, 2026 Results on Jan 14, 2026 Virtual Global Education Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 14, 2026 Annuncio • Oct 31
Virtual Global Education Limited to Report Q2, 2026 Results on Nov 07, 2025 Virtual Global Education Limited announced that they will report Q2, 2026 results on Nov 07, 2025 New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹254.2m market cap, or US$2.87m). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Annuncio • Jul 31
Virtual Global Education Limited, Annual General Meeting, Aug 26, 2025 Virtual Global Education Limited, Annual General Meeting, Aug 26, 2025, at 12:00 Indian Standard Time. Location: maharaja banquets, a-1/20a, paschim vihar, main rohtak road, new delhi-110063, India Annuncio • Jul 30
Virtual Global Education Limited Approves Appointment of Sandeep Singh as Company Secretary and Compliance Officer, Effective 30 July 2025 Virtual Global Education Limited at the Board of Directors meeting held on July 30, 2025 approved appointment of Sandeep Singh as Company Secretary and Compliance Officer due to resignation of earlier incumbent Ms. Neha Yadav. Date of appointment is 30 July 2025. Mr. Sandeep Singh is an Associate Member of the Institute of Company Secretaries of India (ICSI). He holds qualification of B.Com, and CS. He has gained comprehensive exposure to corporate secretarial practices through his internship at BSES Yamuna Power Limited, Dhampure Speciality Sugars Limited, Further Formally appointed as Assistant Company Secretary in Dhampur Alco-Chem Private Limited. He has been appointed as the Company Secretary and Compliance Officer, entrusted with overseeing the company's compliance with the Companies Act, 2013, Secretarial Standards, SEBI Regulations, and other applicable laws and regulations, including listed entity compliance requirements. She brings a committed, detail-oriented, and regulatory-focused approach to her role, ensuring adherence to best governance practices. Annuncio • Jul 23
Virtual Global Education Limited to Report Q1, 2026 Results on Jul 30, 2025 Virtual Global Education Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Annuncio • May 19
Virtual Global Education Limited to Report Q4, 2025 Results on May 28, 2025 Virtual Global Education Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • Apr 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹254.2m market cap, or US$2.97m). Annuncio • Mar 11
Virtual Global Education Limited Announces Resignation of Ankit Sharma as Executive Director Virtual Global Education Limited announced that Mr. Ankit Sharma vide its letter dated 8 February, 2025, tendered his resignation as Executive Director of the company due to pre-occupation. Date of cessation: Effective from close of business hours of 8 February, 2025. Board Change • Feb 23
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Women Director Anubha Chauhan is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 15
Virtual Global Education Limited Appoints Satyendra Aryan as Chief Executive Director The board of directors of Virtual Global Education Limited at its meeting held on February 14, 2025, approved the appointment of Mr. Satyendra Aryan as Chief Executive Director (CEO) of the Company on recommendation of Nomination and Remuneration Committee. Date of Appointment is on February 14, 2025. Mr. Satyendra Aryan is a 35-year-old professional who holds a Master's degree in Social Work With over 14 years of extensive experience in the development sector, he has established himself as a specialist in education and livelihood promotion. Throughout his career, Mr. Satyendra Aryan has successfully overseen a diverse portfolio of government schemes designed to uplift marginalized communities and enhance their access to educational resources. He has refined strong partnerships with corporate social responsibility (CSR) donors, thereby facilitating funding and support for various initiatives that align with community needs. His outstanding ability to engage and foster effective relationships with key stakeholders including government officials, non-profit organizations, and local communities demonstrates his exceptional project management skills. Mr. Aryan has successfully held various positions across multiple states in India, tailoring his strategies to meet the unique challenges and opportunities presented in each context. His unwavering commitment to creating a significant positive impact in the development sector is evident in every project he undertakes. Annuncio • Feb 07
Virtual Global Education Limited to Report Q3, 2025 Results on Feb 14, 2025 Virtual Global Education Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Annuncio • Jan 31
Virtual Global Education Limited Announces Cessation of Kanhaiya Tripathi as Independent Director Virtual Global Education Limited announced that Mr. Kanhaiya Tripathi (DIN: 07074151) has completed his term as an Independent Director on 7th January, 2025 and consequently ceased to be the Independent Director of the Company with effect from end of day on 7th January, 2025. Annuncio • Nov 06
Virtual Global Education Limited to Report Q2, 2025 Results on Nov 13, 2024 Virtual Global Education Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Annuncio • Oct 16
Virtual Global Education Limited Announces Resignation of Sunil Kumar Gupta as Independent Director Virtual Global Education Limited announced that Mr. Sunil Kumar Gupta has been resigned from the post of Independent Director with Immediate effect from October 16, 2024 due to preoccupation and health issues. The Company has accepted his resignation and relieved her from responsibilities, effective October 16, 2024. Annuncio • Aug 22
Virtual Global Education Limited Announces Resignation of Shivani Jindal as Company Secretary & Compliance Officer Virtual Global Education Limited announced that Ms. Shivani Jindal has been resigned from the post of company secretary & compliance officer with immediate effect from August 22, 2024 due to preoccupations. The company has accepted his resignation and relieved her from responsibilities with immediate effect from August 22, 2024. Annuncio • Aug 12
Virtual Global Education Limited, Annual General Meeting, Sep 10, 2024 Virtual Global Education Limited, Annual General Meeting, Sep 10, 2024, at 10:00 Indian Standard Time. Location: maharaja banquets, a-1/20a, paschim vihar, main rohtak road, new delhi 110063., India Annuncio • May 23
Virtual Global Education Limited to Report Q4, 2024 Results on May 28, 2024 Virtual Global Education Limited announced that they will report Q4, 2024 results on May 28, 2024 Annuncio • Mar 13
Virtual Global Education Limited Announces Change in Registered Office Address Virtual Global Education Limited approved Change in registered office of the company from 103, Palco House, 2162/T-10, Main Patel Nagar Road, New Delhi-110008 to 812, Aggarwal Cyber Plaza-1, Netaji Subhash place, Pitampura, Delhi-110034 at its board of directors meeting held on March 13, 2024. Board Change • Feb 01
High number of new directors Additional Executive Director & CFO Ankit Sharma was the last director to join the board, commencing their role in 2024. Annuncio • Jan 09
Virtual Global Education Limited to Report Q3, 2024 Results on Jan 15, 2024 Virtual Global Education Limited announced that they will report Q3, 2024 results on Jan 15, 2024 New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (₹385.5m market cap, or US$4.63m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Annuncio • Nov 04
Virtual Global Education Limited to Report Q2, 2024 Results on Nov 10, 2023 Virtual Global Education Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Annuncio • Oct 21
Virtual Global Education Limited Announces Resignation of Jnui Ghosh as Chief Financial Officer Virtual Global Education Limited announced the resignation of Jnui Ghosh from the post of Chief Financial Officer with Immediate effect from October 20, 2023 due to her medical reasons. The Company has accepted his resignation and relieved her from responsibilities with effect from October 20, 2023. Annuncio • Aug 27
Virtual Global Education Limited Approves Appointment of Shivani Jindal as Company Secretary and Compliance Officer with Effect from August 25, 2023 Virtual Global Education Limited at its board meeting held on August 25, 2023 approved Appointment of Ms. Shivani Jindal as a Company Secretary and Compliance Officer with effect from 25th August, 2023. Associate Member of Institute of Company Secretaries of having experience in, inter alia Companies act, Compliances and related matters. Annuncio • Aug 26
Virtual Global Education Limited, Annual General Meeting, Sep 27, 2023 Virtual Global Education Limited, Annual General Meeting, Sep 27, 2023. Location: Maharaja Banquets Monarch Residency A-1/20A, Paschim Vihar, Main Rohtak Road New Delhi India Annuncio • Jul 12
Virtual Global Education Limited to Report Q1, 2024 Results on Jul 24, 2023 Virtual Global Education Limited announced that they will report Q1, 2024 results on Jul 24, 2023 Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹1.02, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 42x in the Consumer Services industry in India. Total returns to shareholders of 500% over the past three years. Annuncio • Feb 01
Virtual Global Education Limited to Report Q3, 2023 Results on Feb 10, 2023 Virtual Global Education Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 17% share price gain to ₹1.30, the stock trades at a trailing P/E ratio of 61.5x. Average trailing P/E is 32x in the Consumer Services industry in India. Total returns to shareholders of 665% over the past three years. Annuncio • Jan 06
Virtual Global Education Limited Announces Resignation of Sonu Ghosh as Company Secretary and Compliance Officer Virtual Global Education Limited announced that Mr. Sonu Ghosh has resigned from the post of Company Secretary & Compliance Officer with immediate effect from January 05, 2023 due to his pre-occupation. The Company has accepted his resignation and relieved him from responsibilities with effect from January 05, 2023. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improved over the past week After last week's 36% share price gain to ₹1.22, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 37x in the Consumer Services industry in India. Total returns to shareholders of 618% over the past three years. Board Change • Dec 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Kanhaiya Tripathi is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 15
Virtual Global Education Limited Appoints Rahul Misra as Additional Independent Director and Member of Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee Virtual Global Education Limited at its board meeting held on November 14, 2022, approved appointment of Dr. Rahul Misra as Additional Independent Director on the Board of the Company for a period of 5 years subject to the approval of shareholders at the upcoming General Meeting and approved appointment of Dr. Rahul Misra as Member of Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee. Pursuant to Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the company that Board of Directors had appointed Dr. Rahul Misra as Additional Independent Director of the Company. Dr. Rahul Misra is 53 years old, has done PhD from University of Ballsbridge, Fellow from Institute of Business Administration, UK with specialization in Corporate Finance. He has done Chartered Financial Analyst from The Association of Chartered Financial Analysts, USA. He has 26 years experience in the field of Financial & Management Consultancy, Training and Research, Content development focusing on high end programs. And sector base education system. Advisor to two Business Schools in Lucknow, Universal School of Business intelligence and CIMD. Introduced Chartered Institute of Corporate Treasurers in INDIA a premier body offering Treasury programs. Further, his broad vision and strategies will help the company to emerge from the challenging situations that the company may come across. Annuncio • Nov 05
Virtual Global Education Limited to Report Q2, 2023 Results on Nov 12, 2022 Virtual Global Education Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Board Change • Sep 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Women Director Anubha Chauhan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 07
Virtual Global Education Limited Announces Resignation of Mr. Piyush Gupta as Non-Executive Independent Director Virtual Global Education Limited announced that Mr. Piyush Gupta, Non-Executive Independent Director of the company has resigned from the position with effect from 06" August, 2022. Annuncio • Aug 03
Virtual Global Education Limited to Report Q1, 2023 Results on Aug 10, 2022 Virtual Global Education Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Annuncio • Jun 18
Virtual Global Education Limited Announces Resignation of Akshay Gupta as Company Secretary & Compliance Officer Virtual Global Education Limited announced that Mr. Akshay Gupta resigned from the post of Company Secretary & Compliance Officer with Immediate effect from June 18, 2022 due to his pre-occupation. The Company has accepted his resignation and relieved him from responsibilities w.e.f. June 18, 2022. Reported Earnings • Jun 09
Full year 2022 earnings released: EPS: ₹0.009 (vs ₹0.007 in FY 2021) Full year 2022 results: EPS: ₹0.009 (up from ₹0.007 in FY 2021). Revenue: ₹16.1m (up 139% from FY 2021). Net income: ₹3.92m (up 33% from FY 2021). Profit margin: 24% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 83% per year, which means it is well ahead of earnings. Annuncio • May 21
Virtual Global Education Limited to Report Q4, 2022 Results on May 28, 2022 Virtual Global Education Limited announced that they will report Q4, 2022 results on May 28, 2022 Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.003 (up from ₹0.001 in 3Q 2021). Revenue: ₹2.88m (up 82% from 3Q 2021). Net income: ₹1.08m (up 241% from 3Q 2021). Profit margin: 37% (up from 20% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 02
Virtual Global Education Limited to Report Q3, 2022 Results on Feb 11, 2022 Virtual Global Education Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹0.001 (vs ₹0.003 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹2.66m (up 33% from 2Q 2021). Net income: ₹400.0k (down 68% from 2Q 2021). Profit margin: 15% (down from 62% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹0.007 (vs ₹0.006 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹16.8m (down 51% from FY 2020). Net income: ₹2.96m (up 25% from FY 2020). Profit margin: 18% (up from 6.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹0.001 (vs ₹0.002 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ₹3.38m (down 62% from 3Q 2020). Net income: ₹315.0k (down 65% from 3Q 2020). Profit margin: 9.3% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 95% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings. Annuncio • Feb 02
Virtual Global Education Limited to Report Q3, 2021 Results on Feb 10, 2021 Virtual Global Education Limited announced that they will report Q3, 2021 results on Feb 10, 2021 