Wherrelz IT Solutions Ltd
Incorporated in 2014, Wherrelz IT Solution Ltd provides software development and technology consultancy services[1]
- Market Cap ₹ 4.87 Cr.
- Current Price ₹ 125
- High / Low ₹ 174 / 115
- Stock P/E
- Book Value ₹ 30.5
- Dividend Yield %
- ROCE -3.72 %
- ROE -3.72 %
- Face Value ₹
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.09 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 20.5%
- Company has a low return on equity of -27.8% over last 3 years.
- Working capital days have increased from 82.9 days to 142 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 - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 0.19 | 0.22 | 0.20 | 0.29 | 0.59 | 0.60 | |
| 0.18 | 0.17 | 0.17 | 0.86 | 0.66 | 0.75 | |
| Operating Profit | 0.01 | 0.05 | 0.03 | -0.57 | -0.07 | -0.15 |
| OPM % | 5.26% | 22.73% | 15.00% | -196.55% | -11.86% | -25.00% |
| 0.01 | 0.00 | 0.00 | 0.01 | 0.05 | 0.03 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.04 |
| Profit before tax | 0.01 | 0.04 | 0.02 | -0.58 | -0.05 | -0.16 |
| Tax % | 0.00% | 25.00% | 0.00% | 0.00% | 0.00% | |
| 0.01 | 0.03 | 0.02 | -0.58 | -0.05 | -0.15 | |
| EPS in Rs | 10.00 | 30.00 | 20.00 | -14.89 | -1.28 | -3.85 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -28% |
| Last Year: | -4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.39 | 0.39 | 0.39 |
| Reserves | 0.06 | 0.09 | 0.10 | 0.98 | 0.93 | 0.80 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.01 | 0.01 | 0.01 | 0.12 | 0.09 | 0.10 | |
| Total Liabilities | 0.08 | 0.11 | 0.12 | 1.49 | 1.41 | 1.29 |
| 0.01 | 0.02 | 0.02 | 0.05 | 0.04 | 0.05 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 |
| 0.07 | 0.05 | 0.06 | 1.44 | 1.37 | 1.24 | |
| Total Assets | 0.08 | 0.11 | 0.12 | 1.49 | 1.41 | 1.29 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 0.02 | 0.04 | 0.03 | -0.56 | -0.19 | |
| -0.01 | -0.05 | -0.01 | -0.04 | -0.03 | |
| -0.03 | 0.00 | 0.00 | 1.84 | 0.00 | |
| Net Cash Flow | -0.03 | -0.01 | 0.01 | 1.24 | -0.22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 0.00 | 16.59 | 0.00 | 12.59 | 30.93 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 0.00 | 16.59 | 0.00 | 12.59 | 30.93 |
| Working Capital Days | 38.42 | 16.59 | 18.25 | 88.10 | 142.29 |
| ROCE % | 47.06% | 19.05% | -78.38% | -3.72% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 1d
- Board Meeting Outcome for Appointment Of Mr. Ankur Khona As Chief Financial Officer Of The Company. 1d
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Appointment of Mr. Ankur Khona as Chief Financial Officer of the company.
- Please Find Enclosed Herewith Certificate Dated April 29, 2024 From CS Rupal Patel, PCS Under Regulation 40 (9) Of SEBI LODR For The Year Ended March 31, 2024. 2d
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
20 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2024.
Business Overview:[1][2]
Company provides software based business process automation solutions. It provides CRM/ERP/MIS technology solutions - to build relevant software, web apps, CRMs, ERPs, SEO, graphics, mobile apps and handle associated hosting, domains, email services, etc.