Womancart Ltd
Incorporated in 2018, Womancart Ltd is in the business of women's clothing, jewellery, makeup, and accessories, etc.[1]
- Market Cap ₹ 204 Cr.
- Current Price ₹ 252
- High / Low ₹ 429 / 211
- Stock P/E 41.0
- Book Value ₹ 106
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 11.6 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.40% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.6% over last 3 years.
- Company has high debtors of 203 days.
- Working capital days have increased from 144 days to 211 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
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 1.35 | 4.23 | 8.74 | 23.37 | 50.39 | 79.53 | |
| 1.45 | 3.91 | 7.95 | 21.19 | 44.43 | 70.78 | |
| Operating Profit | -0.10 | 0.32 | 0.79 | 2.18 | 5.96 | 8.75 |
| OPM % | -7.41% | 7.57% | 9.04% | 9.33% | 11.83% | 11.00% |
| 0.00 | 0.02 | 0.01 | 0.46 | 1.11 | 1.44 | |
| Interest | 0.07 | 0.11 | 0.09 | 0.34 | 1.17 | 1.64 |
| Depreciation | 0.01 | 0.01 | 0.10 | 0.27 | 0.99 | 2.26 |
| Profit before tax | -0.18 | 0.22 | 0.61 | 2.03 | 4.91 | 6.29 |
| Tax % | 0.00% | 0.00% | 26.23% | 28.57% | 7.74% | |
| -0.18 | 0.21 | 0.45 | 1.45 | 4.53 | 4.97 | |
| EPS in Rs | 3.45 | 7.49 | 7.93 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 128% |
| TTM: | 169% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 178% |
| TTM: | 134% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.35 | 1.11 | 1.11 | 4.21 | 6.04 | 6.69 |
| Reserves | -0.19 | 1.53 | 1.99 | 11.17 | 56.68 | 64.07 |
| 0.92 | 0.79 | 1.31 | 6.36 | 13.54 | 21.63 | |
| 0.27 | 0.42 | 0.72 | 2.39 | 4.43 | 5.47 | |
| Total Liabilities | 1.35 | 3.85 | 5.13 | 24.13 | 80.69 | 97.86 |
| 0.05 | 0.22 | 0.69 | 1.79 | 10.70 | 13.23 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.14 | 0.14 | 9.17 | 10.16 |
| 1.30 | 3.63 | 4.30 | 22.20 | 60.82 | 74.47 | |
| Total Assets | 1.35 | 3.85 | 5.13 | 24.13 | 80.69 | 97.86 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0.94 | 0.02 | 0.49 | -10.31 | -21.91 | |
| -0.04 | -0.21 | -0.67 | -1.30 | -21.79 | |
| 1.09 | 0.53 | 0.47 | 15.54 | 48.84 | |
| Net Cash Flow | 0.11 | 0.33 | 0.28 | 3.93 | 5.14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 105.44 | 122.53 | 81.85 | 153.37 | 203.33 |
| Inventory Days | 176.42 | 171.57 | 82.03 | 125.42 | 108.64 |
| Days Payable | 73.00 | 40.43 | 24.22 | 33.33 | 32.45 |
| Cash Conversion Cycle | 208.86 | 253.67 | 139.66 | 245.46 | 279.51 |
| Working Capital Days | 27.04 | 176.03 | 82.27 | 139.94 | 211.08 |
| ROCE % | 14.63% | 17.86% | 18.13% | 12.41% |
Documents
Announcements
-
Outcome of Board Meeting
14 January 2026 - Allotment of 139,000 equity shares at Rs326 to non-promoters; proceeds Rs4,53,14,000 on 14 Jan 2026
-
Outcome of Board Meeting
14 January 2026 - Preferential allotment of 1,39,000 shares @Rs326 totalling ₹4,53,14,000 on 14 Jan 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 January 2026 - RTA Maashitla confirms dematerialisation/confirmations for quarter ended 31-Dec-2025, certificate dated 01-Jan-2026.
-
Forfeiture
5 January 2026 - 2,45,400 promoter warrants lapsed; upfront consideration forfeited; 12,09,000 warrants exercised; allotment July 3-4, 2024.
-
Outcome of Board Meeting
3 January 2026 - 03-Jan-2026: 80,000 shares allotted to promoter Veena Pahwa at ₹128; ₹76.8L received; paid-up capital ₹8,07,38,000.
Business Overview:[1][2][3]
WCL is a digital consumer-centric retail platform offering a wide range of classic and emerging branded beauty and wellness products for skin care, body care, hair care, and fragrance for both men and women. It also features lifestyle brands, including makeup, imitation jewellery, and lingerie. Company also runs brick-and-mortar stores to allow customers to interact with the brand. Currently, company has 12,000+ SKUs, 9+ Stores & Warehouses, 8+ Own Brands[4]