New Risk • Apr 21
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (₹9.2m revenue, or US$98k). Market cap is less than US$10m (₹61.2m market cap, or US$656.0k). Aankondiging • Apr 10
Virgo Global Limited to Report Q4, 2026 Results on Apr 18, 2026 Virgo Global Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on Apr 18, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹4.28, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 22x in the Tech industry in India. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹4.39, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 23x in the Tech industry in India. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹4.67, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 25x in the Tech industry in India. Total loss to shareholders of 18% over the past three years. Aankondiging • Feb 09
Virgo Global Limited to Report Q3, 2026 Results on Feb 13, 2026 Virgo Global Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹4.00, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 25x in the Tech industry in India. Total loss to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹5.25, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 28x in the Tech industry in India. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹5.95, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 25x in the Tech industry in India. Total returns to shareholders of 33% over the past three years. New Risk • Nov 23
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹1.4m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹1.4m). Revenue is less than US$1m. Market cap is less than US$10m (₹54.7m market cap, or US$610.8k). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Aankondiging • Nov 12
Virgo Global Limited to Report Q2, 2026 Results on Nov 14, 2025 Virgo Global Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Aankondiging • Aug 18
Virgo Global Limited, Annual General Meeting, Sep 15, 2025 Virgo Global Limited, Annual General Meeting, Sep 15, 2025, at 12:00 Indian Standard Time. Aankondiging • Aug 06
Virgo Global Limited to Report Q1, 2026 Results on Aug 14, 2025 Virgo Global Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Aug 04
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 8.1% 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 (8.1% average weekly change). Revenue is less than US$1m (₹45m revenue, or US$509k). Market cap is less than US$10m (₹55.4m market cap, or US$631.5k). Minor Risk Profit margins are more than 30% lower than last year (0.07% net profit margin). New Risk • Jun 07
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹45m (US$521k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$1m (₹45m revenue, or US$521k). Market cap is less than US$10m (₹50.9m market cap, or US$593.8k). Minor Risk Profit margins are more than 30% lower than last year (0.07% net profit margin). Aankondiging • May 13
Virgo Global Limited to Report Q4, 2025 Results on May 28, 2025 Virgo Global Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • Feb 20
New major risk - Revenue and earnings growth Earnings have declined by 6.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-₹41m). Earnings have declined by 6.7% per year over the past 5 years. Market cap is less than US$10m (₹68.3m market cap, or US$787.3k). Minor Risk Revenue is less than US$5m (₹280m revenue, or US$3.2m). Aankondiging • Feb 07
Virgo Global Limited to Report Q3, 2025 Results on Feb 13, 2025 Virgo Global Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Dec 27
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 7.6% 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 Negative equity (-₹3.2m). Market cap is less than US$10m (₹76.2m market cap, or US$890.6k). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (₹426m revenue, or US$5.0m). New Risk • Dec 25
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹426m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹3.2m). Market cap is less than US$10m (₹76.2m market cap, or US$891.8k). Minor Risk Revenue is less than US$5m (₹426m revenue, or US$5.0m). New Risk • Nov 22
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹3.2m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹3.2m). Market cap is less than US$10m (₹82.1m market cap, or US$972.2k). Aankondiging • Nov 09
Virgo Global Limited to Report Q2, 2025 Results on Nov 14, 2024 Virgo Global Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Aankondiging • Sep 10
Virgo Global Limited, Annual General Meeting, Sep 30, 2024 Virgo Global Limited, Annual General Meeting, Sep 30, 2024, at 12:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹12.03, the stock trades at a trailing P/E ratio of 53.2x. Average trailing P/E is 53x in the Telecom industry in India. Total returns to shareholders of 68% over the past year. Aankondiging • Aug 05
Virgo Global Limited to Report Q1, 2025 Results on Aug 14, 2024 Virgo Global Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹5.19, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 30x in the Telecom industry in India. Total loss to shareholders of 63% over the past year. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.23 (vs ₹0.21 in FY 2023) Full year 2024 results: EPS: ₹0.23 (up from ₹0.21 in FY 2023). Revenue: ₹850.3m (up 100% from FY 2023). Net income: ₹2.38m (up 8.4% from FY 2023). Profit margin: 0.3% (down from 0.5% in FY 2023). The decrease in margin was driven by higher expenses. Aankondiging • May 17
Virgo Global Limited to Report Q4, 2024 Results on May 29, 2024 Virgo Global Limited announced that they will report Q4, 2024 results on May 29, 2024 Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: ₹0.59 (vs ₹0.04 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.59 (up from ₹0.04 in 3Q 2023). Revenue: ₹242.2m (up 135% from 3Q 2023). Net income: ₹6.16m (up ₹5.79m from 3Q 2023). Profit margin: 2.5% (up from 0.4% in 3Q 2023). The increase in margin was driven by higher revenue. Aankondiging • Feb 03
Virgo Global Limited to Report Q3, 2024 Results on Feb 10, 2024 Virgo Global Limited announced that they will report Q3, 2024 results on Feb 10, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: ₹0.70 loss per share (vs ₹0.87 profit in 2Q 2023) Second quarter 2024 results: ₹0.70 loss per share (down from ₹0.87 profit in 2Q 2023). Revenue: ₹374.3m (up 377% from 2Q 2023). Net loss: ₹7.32m (down 180% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 174% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 11
Virgo Global Limited Appoints Amardeep Kumar as Additional Director Virgo Global Limited announced the appointment of Mr. Amardeep Kumar as Additional Director, date of appointment is 10th November 2023. Mr. Amardeep Kumar a successful businessman based in Hyderabad. He has vast knowledge and experience of over a decade in the fields of Finance, General Management and Planning. He is also a Director in many leading Companies. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹8.82, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 25x in the Telecom industry in India. Total returns to shareholders of 1,951% over the past three years. Board Change • Sep 15
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Executive Director Sonal Jain is the most experienced director on the board, commencing their role in 2019. Additional Non-Executive Independent Director Padamkumar Gandhi was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Sep 07
Virgo Global Limited, Annual General Meeting, Sep 30, 2023 Virgo Global Limited, Annual General Meeting, Sep 30, 2023, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements for the Financial Year ended March 31, 2023 and the reports of Board of Directors and Auditors; to consider and re-appoint Ms. Sonal Jain, who retires by rotation as a Director at this Annual General Meeting and being eligible seeks re-appointment and if thought fit, to pass, with or without modifications; to consider and appoint M/s Sharad Chandra Toshniwal & Co., Chartered Accountants as Statutory Auditors of the Company and to consider other matters. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹8.25, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 22x in the Telecom industry in India. Total returns to shareholders of 1,400% over the past three years. Reported Earnings • Aug 18
First quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.66 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.05 (up from ₹0.66 loss in 1Q 2023). Revenue: ₹96.1m (up 53% from 1Q 2023). Net income: ₹481.0k (up ₹7.44m from 1Q 2023). Profit margin: 0.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 143% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 08
Virgo Global Limited to Report Q1, 2024 Results on Aug 14, 2023 Virgo Global Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹11.31, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 29x in the Telecom industry in India. Total returns to shareholders of 1,785% over the past three years. Aankondiging • Jun 23
Virgo Global Limited Appoints Mr. Padamkumar Jabbarchand Gandhi and Mr. Prabhaker Reddy Aedla as Additional Director (Independent) Virgo Global Limited announced the appointment of Mr. Padamkumar Jabbarchand Gandhi and Mr. Prabhaker Reddy Aedla as Additional Director (Independent) Under Section 161 of the Companies Act, 2013. Date of appointment is June 19, 2023. Mr. Padamkumar Jabbarchand Gandhi a successful businessman. He has vast knowledge and experience of over a decade in the fields of Finance and General Management. He is also a Director in many leading Companies. Mr. Prabhaker Reddy Aedla, US educated IT Manager with more than 14 years of management experience in fast-paced, service-oriented environments. Strong analytical skills with extensive Data Processing and Management experience in Financial Industry. Turnaround and startup specialist capable of quickly adapting to changes. Excellent track record of meeting tight deadlines and building top-performance technical teams. Excellent communication skills with experience in supporting cross-functional teams and managing multicultural and geographically diverse teams. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹15.79, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 26x in the Telecom industry in India. Total returns to shareholders of 2,156% over the past three years. Aankondiging • Jun 04
Virgo Global Limited Appoints Aditya Agarwal as Company Secretary and Compliance Officer Virgo Global Limited announced appointment of Mr. Aditya Agarwal as Whole-Time Company Secretary cum Compliance Officer. Effective Date of Appointment: June 02, 2023. Mr. Aditya Agarwal is an Associate Member of the Institute of Company Secretaries of India having membership No. A53202 possessingrequisite qualification and skills in secretarial Compliances and have undertaken assignments such as follows: Quarterly, Half yearly and Annual Compliances in accordance with Listing Regulations. Allotment of shares under Section 62(1)(a),Section 42 and Section 63. Incorporation of Private Limited Company, Public Company and Producer Company. Drafting of Minutes of Board Meeting and General Meeting. Filing of Annual Returns of Private Company, Public and Company and Listed Company. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹0.21 (vs ₹0.085 in FY 2022) Full year 2023 results: EPS: ₹0.21 (up from ₹0.085 in FY 2022). Revenue: ₹425.2m (up 174% from FY 2022). Net income: ₹2.19m (up 147% from FY 2022). Profit margin: 0.5% (down from 0.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 174% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 23
Virgo Global Limited to Report Q4, 2023 Results on May 29, 2023 Virgo Global Limited announced that they will report Q4, 2023 results on May 29, 2023 Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹13.15, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 20x in the Telecom industry in India. Total returns to shareholders of 1,701% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹9.90, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Telecom industry in India. Total returns to shareholders of 1,378% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹6.49, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 19x in the Telecom industry in India. Total returns to shareholders of 854% over the past three years. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹5.44, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 19x in the Telecom industry in India. Total returns to shareholders of 677% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.04 (vs ₹0.70 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.04 (up from ₹0.70 loss in 3Q 2022). Revenue: ₹103.9m (up 55% from 3Q 2022). Net income: ₹372.0k (up ₹7.78m from 3Q 2022). Profit margin: 0.4% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 03
Virgo Global Limited to Report Q3, 2023 Results on Feb 11, 2023 Virgo Global Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Board Change • Nov 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Additional Independent Director Mehak Sharma was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Nov 06
Virgo Global Limited to Report Q2, 2023 Results on Nov 13, 2022 Virgo Global Limited announced that they will report Q2, 2023 results on Nov 13, 2022 Board Change • Oct 25
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Additional Independent Director Mehak Sharma was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Sep 08
Virgo Global Limited, Annual General Meeting, Sep 29, 2022 Virgo Global Limited, Annual General Meeting, Sep 29, 2022, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements for the Financial Year ended March 31, 22 and the reports of Board of Directors and Auditors thereon; and to consider and re-appoint Mr. Praveen Kumar Jain who retires by rotation as a Director at this Annual General Meeting and being eligible seeks re-appointment. Board Change • Aug 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Additional Independent Director Mehak Sharma was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.