Workmates Core2cloud Solution Ltd
Founded in 2018, Workmates Core2Cloud Solution Limited, is an AWS Premier Consulting Partner known for scalable and innovative cloud solutions across India.[1]
- Market Cap ₹ 476 Cr.
- Current Price ₹ 368
- High / Low ₹ 405 / 368
- Stock P/E 34.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 92.3 %
- ROE 87.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 84.9%
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 57.6 to 83.6 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 13 | 29 | 53 | 108 | |
| 11 | 26 | 46 | 89 | |
| Operating Profit | 2 | 3 | 7 | 18 |
| OPM % | 14% | 9% | 14% | 17% |
| 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 3 | 7 | 19 |
| Tax % | 25% | 27% | 28% | 26% |
| 1 | 2 | 5 | 14 | |
| EPS in Rs | 1,250.00 | 1,860.00 | 5,350.00 | 13,930.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 102% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 123% |
| TTM: | 160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 85% |
| Last Year: | 87% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 |
| Reserves | 2 | 4 | 9 | 23 |
| 0 | 0 | 0 | 9 | |
| 3 | 8 | 16 | 30 | |
| Total Liabilities | 5 | 11 | 25 | 62 |
| 0 | 0 | 0 | 1 | |
| CWIP | 0 | 0 | 0 | 10 |
| Investments | 0 | 0 | 0 | 0 |
| 5 | 11 | 24 | 51 | |
| Total Assets | 5 | 11 | 25 | 62 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 2 | 2 | 10 | 5 | |
| -0 | -0 | -4 | -15 | |
| 0 | 0 | 0 | 9 | |
| Net Cash Flow | 2 | 2 | 6 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 42 | 52 | 37 | 84 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 42 | 52 | 37 | 84 |
| Working Capital Days | -10 | -8 | -34 | 11 |
| ROCE % | 94% | 119% | 92% |
Business Profile[1]
Workmates Core2Cloud Solution Limited is a cloud and digital transformation company specializing in modernizing, securing, and scaling enterprise IT infrastructure. It is a Premier Tier AWS Consulting Partner. The company operates on a B2B model, providing end-to-end cloud solutions from assessment and migration to modernization, cybersecurity, and managed services.