We Win Ltd

We Win Ltd

₹ 77.9 5.00%
22 Nov - close price
About

Incorporated in 2007, We Win Ltd (formerly Surevin BPO Services Limited) is a BPO company

Key Points

Business Overview:[1]
Company does business of Customer Relationship Management (CRM) Services including call centers and support center services. Company is world’s biggest Non Emergency integrated grievance provider. It provides Next Generation Citizen Experience,
Contact Centre & Digital Transformation services in 8 major states of India by delivering B2B third party customer service in 20 languages to 100+ different businesses in India

  • Market Cap 79.2 Cr.
  • Current Price 77.9
  • High / Low 115 / 62.0
  • Stock P/E 31.2
  • Book Value 26.8
  • Dividend Yield 0.00 %
  • ROCE 12.6 %
  • ROE 9.72 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 94.7 days to 58.0 days

Cons

  • Stock is trading at 2.90 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.3% over last 3 years.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
11.52 11.41 12.26 13.60 14.00 14.96 16.71 19.38 18.83 20.40
10.32 10.55 11.26 11.89 12.66 14.03 15.18 17.53 17.24 19.06
Operating Profit 1.20 0.86 1.00 1.71 1.34 0.93 1.53 1.85 1.59 1.34
OPM % 10.42% 7.54% 8.16% 12.57% 9.57% 6.22% 9.16% 9.55% 8.44% 6.57%
0.07 0.05 0.06 0.14 0.07 0.15 0.35 0.16 0.07 0.12
Interest 0.02 0.08 0.06 0.17 0.19 0.46 0.35 0.25 0.23 0.38
Depreciation 0.20 0.23 0.44 0.47 0.34 0.40 0.68 0.54 0.53 0.82
Profit before tax 1.05 0.60 0.56 1.21 0.88 0.22 0.85 1.22 0.90 0.26
Tax % 25.71% 28.33% 42.86% 27.27% 26.14% 59.09% 12.94% 21.31% 26.67% 26.92%
0.77 0.44 0.32 0.87 0.65 0.10 0.76 0.92 0.67 0.19
EPS in Rs 0.76 0.43 0.31 0.86 0.64 0.10 0.75 0.91 0.66 0.19
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
17.71 45.07 40.03 36.14 41.61 48.79 65.04 75.32
14.51 34.67 34.43 33.17 37.42 44.03 59.40 69.01
Operating Profit 3.20 10.40 5.60 2.97 4.19 4.76 5.64 6.31
OPM % 18.07% 23.08% 13.99% 8.22% 10.07% 9.76% 8.67% 8.38%
0.08 0.31 0.28 0.36 0.66 0.32 0.75 0.70
Interest 0.62 0.55 0.48 0.49 0.56 0.33 1.24 1.21
Depreciation 1.00 2.27 1.69 1.21 1.06 1.34 1.95 2.57
Profit before tax 1.66 7.89 3.71 1.63 3.23 3.41 3.20 3.23
Tax % 36.14% 28.77% 41.78% 29.45% 34.98% 29.62% 22.81%
1.06 5.62 2.23 1.12 2.14 2.40 2.44 2.54
EPS in Rs 1.04 5.51 2.19 1.10 2.11 2.36 2.40 2.51
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 22%
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: -15%
3 Years: 30%
TTM: 31%
Stock Price CAGR
10 Years: %
5 Years: 26%
3 Years: 33%
1 Year: 2%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 10%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.39 3.39 3.39 3.39 10.16 10.16 10.16 10.16
Reserves 6.16 11.79 14.21 15.44 10.96 13.57 16.29 17.11
5.98 2.62 3.84 3.40 0.68 8.09 12.38 8.49
4.89 8.08 5.29 6.45 5.81 6.54 12.58 14.73
Total Liabilities 20.42 25.88 26.73 28.68 27.61 38.36 51.41 50.49
4.29 3.38 2.80 2.28 2.06 3.02 4.16 12.42
CWIP 0.00 0.00 0.00 0.14 0.82 3.19 7.60 0.00
Investments 0.02 0.04 0.10 0.07 0.11 0.10 0.07 0.09
16.11 22.46 23.83 26.19 24.62 32.05 39.58 37.98
Total Assets 20.42 25.88 26.73 28.68 27.61 38.36 51.41 50.49

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.89 4.02 4.40 2.44 0.63 1.48 14.32
-4.73 -1.57 -1.27 -0.55 -1.24 -5.18 -9.51
6.13 -0.69 -2.13 -0.46 -0.61 1.57 2.02
Net Cash Flow 3.29 1.75 1.00 1.43 -1.23 -2.13 6.84

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 127.37 59.61 72.31 103.12 86.58 137.13 88.44
Inventory Days
Days Payable
Cash Conversion Cycle 127.37 59.61 72.31 103.12 86.58 137.13 88.44
Working Capital Days 113.77 53.94 85.62 96.86 89.74 136.30 58.03
ROCE % 50.89% 21.66% 9.71% 17.22% 13.95% 12.57%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
68.70% 69.67% 69.67% 69.67% 69.86% 70.10% 70.80% 70.80% 70.80% 70.80% 70.80% 70.80%
0.12% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
40.68% 30.21% 30.33% 30.33% 30.13% 29.90% 29.20% 29.20% 29.20% 29.20% 29.21% 29.20%
No. of Shareholders 1821943097998539271,1542,3023,5293,5403,3803,247

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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