AbstractBefore starting stability analysis of the multivirtual synchronous machine (n‐VISMA) power system, it is necessary to obtain the steady‐state operating points (SSOPs) of all dynamic nodes in the network. Modified traditional iterative schemes using the concept of droop bus technique in an islanded microgrid are not feasible for load flow analysis of VISMA microgrid incorporating non‐control dynamics. This paper proposes closed‐form steady‐state, fundamental‐frequency models for islanded VISMA microgrids using the concept of virtual swing buses. In this technique, the virtual internal buses of all VISMAs in the network are governed by the swing equation. The voltage at all buses is variable except the virtual buses in which the pole wheel voltages are prespecified. The algorithm was extended by a droop control localized to each VISMA. The suitability of the proposed algorithm to obtaining SSOPs of VISMA was tested on IEEE‐9 bus system with VISMA replacing electromechanical synchronous machines and also on a low‐voltage distribution system. To validate the applicability of the proposed algorithm and prove its accuracy, the case study systems were also modeled in the SIMULINK environment for detailed time domain analysis. The algorithm was found to be computationally effective for a load flow analysis of the VISMA microgrid. The results also reveal that the addition of external droop control improves the frequency stability of the system.