WEP Solutions Ltd

WEP Solutions Ltd

₹ 36.6 3.94%
14 Jun - close price
About

Incorporated in 1988, Wepsol Ltd provides Managed Printing Solutions and Services, Digital Services, Manufacturing and Distribution of Retail Billing Products, multi-functional printers[1]

Key Points

Business Overview:[1]
Company is an Enterprise Services provider of Digital Services and Managed Printing Services, along with retail products and solutions. It also has a portfolio of Ricoh products and solutions for enterprise customers

  • Market Cap 134 Cr.
  • Current Price 36.6
  • High / Low 54.0 / 19.8
  • Stock P/E 34.7
  • Book Value 16.4
  • Dividend Yield 1.36 %
  • ROCE 9.05 %
  • ROE 6.57 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 49.4%

Cons

  • The company has delivered a poor sales growth of -1.41% over past five years.
  • Company has a low return on equity of 7.61% over last 3 years.
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 66.5 to 92.5 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Hardware Industry: Computers - Hardware

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
24.17 21.39 22.72 32.11 32.70 29.44 24.86 19.10 18.79 15.80 16.84 18.15 18.05
19.92 18.72 19.18 28.93 29.56 26.30 21.61 15.63 15.18 12.58 13.54 14.69 14.24
Operating Profit 4.25 2.67 3.54 3.18 3.14 3.14 3.25 3.47 3.61 3.22 3.30 3.46 3.81
OPM % 17.58% 12.48% 15.58% 9.90% 9.60% 10.67% 13.07% 18.17% 19.21% 20.38% 19.60% 19.06% 21.11%
0.21 0.17 0.17 0.40 0.26 0.44 0.36 0.23 0.42 0.32 0.14 0.13 0.27
Interest 0.31 0.32 0.21 0.19 0.20 0.25 0.23 0.22 0.18 0.13 0.14 0.13 0.10
Depreciation 2.40 2.35 2.30 2.23 2.21 2.34 2.27 2.26 2.52 2.16 2.08 2.04 2.19
Profit before tax 1.75 0.17 1.20 1.16 0.99 0.99 1.11 1.22 1.33 1.25 1.22 1.42 1.79
Tax % 30.86% 23.53% 27.50% 31.03% 38.38% 29.29% 27.93% 27.87% -159.40% 28.00% 27.87% 28.17% 38.55%
1.21 0.13 0.87 0.80 0.61 0.71 0.80 0.88 3.46 0.90 0.87 1.02 1.09
EPS in Rs 0.33 0.04 0.24 0.22 0.17 0.20 0.22 0.24 0.95 0.25 0.24 0.28 0.30
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
151.85 116.09 104.18 88.90 80.05 79.84 73.91 65.65 64.49 110.80 92.20 68.84
139.55 104.90 94.12 79.61 70.38 68.23 63.00 52.34 53.57 97.71 78.56 55.06
Operating Profit 12.30 11.19 10.06 9.29 9.67 11.61 10.91 13.31 10.92 13.09 13.64 13.78
OPM % 8.10% 9.64% 9.66% 10.45% 12.08% 14.54% 14.76% 20.27% 16.93% 11.81% 14.79% 20.02%
0.22 0.94 0.45 0.22 0.73 0.72 0.72 0.82 0.39 0.87 1.39 0.86
Interest 3.12 2.04 1.77 1.75 1.20 0.94 1.07 1.34 1.54 1.10 0.99 0.50
Depreciation 7.72 7.27 6.50 6.20 7.74 9.37 10.75 12.72 11.02 9.11 9.39 8.48
Profit before tax 1.68 2.82 2.24 1.56 1.46 2.02 -0.19 0.07 -1.25 3.75 4.65 5.66
Tax % 33.33% 25.89% 29.02% 32.69% 33.56% 30.69% -5.26% 28.57% 10.40% 30.93% -25.59% 31.63%
1.11 2.09 1.58 1.05 0.97 1.40 -0.19 0.05 -1.11 2.59 5.84 3.87
EPS in Rs 0.72 0.66 0.50 0.33 0.28 0.41 -0.05 0.01 -0.31 0.72 1.61 1.06
Dividend Payout % 0.00% 55.02% 72.78% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 69.90% 31.12% 47.29%
Compounded Sales Growth
10 Years: -5%
5 Years: -1%
3 Years: 2%
TTM: -25%
Compounded Profit Growth
10 Years: 6%
5 Years: 94%
3 Years: 77%
TTM: -33%
Stock Price CAGR
10 Years: 15%
5 Years: 18%
3 Years: 15%
1 Year: 69%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 8%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 11.26 23.00 23.00 23.00 25.08 25.12 26.21 26.32 26.32 36.21 36.35 36.60
Reserves 18.64 7.64 6.91 8.02 17.13 19.27 23.98 24.23 14.08 16.97 21.27 23.62
8.78 12.34 11.43 12.23 3.58 7.66 8.89 11.29 14.54 6.97 5.31 13.01
47.09 26.77 33.09 25.52 20.64 19.89 16.68 18.33 16.49 18.50 14.32 16.66
Total Liabilities 85.77 69.75 74.43 68.77 66.43 71.94 75.76 80.17 71.43 78.65 77.25 89.89
13.26 23.61 22.97 24.16 30.83 32.79 31.13 31.95 25.78 25.73 27.09 26.17
CWIP 0.09 0.03 0.00 0.15 0.19 0.83 2.56 2.17 1.94 3.57 1.76 3.64
Investments 0.00 0.00 0.00 0.81 0.81 4.93 7.11 8.23 0.00 0.00 0.00 0.00
72.42 46.11 51.46 43.65 34.60 33.39 34.96 37.82 43.71 49.35 48.40 60.08
Total Assets 85.77 69.75 74.43 68.77 66.43 71.94 75.76 80.17 71.43 78.65 77.25 89.89

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
14.63 17.30 10.12 11.04 14.26 9.42 9.08 9.64 8.23 11.65 10.00 14.07
-5.86 -17.64 -7.31 -8.55 -14.52 -14.10 -13.83 -9.62 -5.06 -9.34 -7.45 -8.62
-8.70 0.27 -2.78 -2.33 0.23 4.68 4.75 -0.03 -2.75 0.26 -5.44 5.48
Net Cash Flow 0.07 -0.07 0.03 0.16 -0.03 -0.01 0.01 -0.01 0.42 2.57 -2.90 10.93

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73.77 51.81 68.70 62.00 53.71 59.20 61.14 72.83 73.75 43.71 63.34 92.47
Inventory Days 100.92 115.15 135.08 152.19 119.55 106.62 120.87 181.55 169.65 65.34 90.11 149.33
Days Payable 131.40 63.57 116.67 108.61 105.18 75.10 42.72 71.37 69.98 22.23 18.83 33.30
Cash Conversion Cycle 43.29 103.39 87.12 105.58 68.09 90.72 139.29 183.02 173.42 86.83 134.63 208.50
Working Capital Days 58.72 52.98 58.12 73.29 32.37 41.88 49.19 67.38 112.06 56.46 84.40 99.52
ROCE % 14.50% 12.10% 9.70% 8.30% 6.45% 6.40% 1.93% 2.61% 0.62% 8.50% 9.07%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
42.62% 42.62% 42.58% 42.58% 42.03% 41.87% 41.87% 41.87% 41.85% 41.85% 41.81% 41.59%
57.38% 57.38% 57.42% 57.42% 57.97% 58.14% 58.11% 58.14% 58.15% 58.16% 58.19% 58.43%
No. of Shareholders 4,4724,5824,4454,9084,9835,1205,0885,1125,3216,4676,7737,388

Documents