MarketFriction

WEP Solutions Ltd

BSE 532373 · IT Enabled Services
₹33.57 +1.39%
BSE close2026-10-01
Market cap₹123 Cr.
P/E65.9

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16.8418.1518.0514.7715.9915.9018.1416.1217.5016.6017.6816.08
Expenses13.5414.6914.2411.1412.1812.2714.0912.7213.8713.2313.0912.76
Operating Profit3.303.463.813.633.813.634.053.403.633.374.593.32
OPM %19.60%19.06%21.11%24.58%23.83%22.83%22.33%21.09%20.74%20.30%25.96%20.65%
Other Income0.140.130.270.410.330.310.550.500.370.330.500.25
Interest0.140.130.100.270.310.420.350.460.600.600.390.30
Depreciation2.082.042.192.182.262.362.882.982.953.053.032.79
Profit before tax1.221.421.791.591.571.161.370.460.450.051.670.48
Tax %27.87%28.17%38.55%28.30%26.75%28.45%34.31%-17.39%31.11%40.00%28.14%29.17%
Net Profit0.871.021.091.151.150.830.900.540.300.031.190.34
EPS in Rs0.240.280.300.310.310.230.240.150.080.010.320.09
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales88.9080.0579.8473.9165.6564.49110.8092.2068.8464.7967.9167.86
Expenses79.6170.3868.2363.0052.3453.5797.7178.5654.9549.4652.4452.95
Operating Profit9.299.6711.6110.9113.3110.9213.0913.6413.8915.3315.4714.91
OPM %10.45%12.08%14.54%14.76%20.27%16.93%11.81%14.79%20.18%23.66%22.78%21.97%
Other Income0.220.730.720.720.820.390.871.390.831.461.291.45
Interest1.751.200.941.071.341.541.100.990.581.422.131.89
Depreciation6.207.749.3710.7512.7211.029.119.398.489.6812.0211.82
Profit before tax1.561.462.02-0.190.07-1.253.754.655.665.692.612.65
Tax %32.69%33.56%30.69%5.26%28.57%-10.40%30.93%-25.59%31.63%29.17%21.07%
Net Profit1.050.971.40-0.190.05-1.112.595.843.874.032.061.86
EPS in Rs0.330.280.41-0.050.01-0.310.721.611.061.090.560.50
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%69.90%31.12%47.29%45.67%89.39%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-3%1%-10%3%
Compounded Profit Growth8%33%-26%-46%
Stock Price CAGR6%12%8%32%
Return on Equity4%7%6%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital23.0023.0025.0825.1226.2126.3226.3236.2136.3536.6036.8136.83
Reserves6.918.0217.1320.7723.9824.2314.0816.9721.2723.6226.1026.78
Borrowings11.4312.233.587.668.8911.2914.546.975.3113.0115.3411.97
Other Liabilities33.0925.5220.6418.3916.6818.3316.4918.5014.3216.6625.3313.96
Total Liabilities74.4368.7766.4371.9475.7680.1771.4378.6577.2589.89103.5889.54
Fixed Assets22.9724.1630.8332.7931.1331.9525.7825.7327.0926.1733.9731.83
CWIP0.000.150.190.832.562.171.943.571.763.643.134.15
Investments0.000.810.814.937.118.230.000.000.000.000.000.00
Other Assets51.4643.6534.6033.3934.9637.8243.7149.3548.4060.0866.4853.56
Total Assets74.4368.7766.4371.9475.7680.1771.4378.6577.2589.89103.5889.54
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10.1211.0414.269.429.089.648.2311.6510.0014.3113.809.71
Cash from Investing Activity-7.31-8.55-14.52-14.10-13.83-9.62-5.06-9.34-7.45-8.86-22.72-2.54
Cash from Financing Activity-2.78-2.330.234.684.75-0.03-2.750.26-5.445.48-1.14-8.02
Net Cash Flow0.030.16-0.03-0.010.01-0.010.422.57-2.9010.93-10.06-0.85
Free Cash Flow2.813.31-0.41-1.77-1.940.103.162.022.334.99-2.85-0.82
CFO/OP109%128%157%89%93%80%82%97%82%111%97%71%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days68.7062.0053.7159.2061.1472.8373.7543.7163.3492.47106.64101.64
Inventory Days135.08152.19119.55106.62120.87181.55169.6565.3490.11149.28234.77174.17
Days Payable116.67108.61105.1875.1042.7271.3769.9822.2318.8333.1636.0927.46
Cash Conversion Cycle87.12105.5868.0990.72139.29183.02173.4286.83134.63208.59305.32248.35
Working Capital Days18.0823.0716.056.8631.1644.0360.6743.7869.2446.9829.7593.04
ROCE %9.70%8.30%6.45%6.30%1.90%2.61%0.62%8.50%9.07%9.21%9.57%6.68%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters41.85%41.81%41.59%41.44%41.44%41.25%41.20%41.20%41.20%41.18%41.18%41.18%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%0.00%0.00%0.00%
Public58.16%58.19%58.43%58.56%58.56%58.76%58.79%58.79%58.68%58.83%58.81%58.82%
No. of Shareholders6,4676,7737,3887,5678,2088,4608,2968,0988,0527,9037,7287,629

Fundamentals

Market Cap₹ 123 Cr.
Current Price₹ 33.2
Stock P/E65.9
Book Value₹ 17.3
ROCE6.68 %
ROE3.67 %
Dividend Yield1.51 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)-46%
Standalone figures.
Valuation
Market capRs 124 Cr
Enterprise valueRs 127 Cr
P/E (TTM)66.47x
Price to book1.94x
Price to sales1.82x
EV / EBITDA7.78x
EV / EBIT28.02x
EV / sales1.87x
Price to cash flow12.73x
Earnings yield1.50%
Dividend yield1.49%
P/E, 3-year average33.00x
P/B, 3-year average1.75x
P/E, 5-year average28.09x
P/B, 5-year average1.57x
Profitability
Operating margin (excl. other income)22.78%
Operating margin (incl. other income)24.68%
EBITDA margin24.11%
Pre-tax margin3.91%
Net profit margin2.74%
Net margin, latest quarter2.11%
ROE3.26%
ROCE6.16%
ROA2.13%
ROE, 3-year average5.46%
ROCE, 3-year average8.24%
ROA, 3-year average3.64%
ROE, 5-year average6.49%
ROCE, 5-year average8.46%
ROA, 5-year average4.37%
ROIC (approx.)5.33%
Tax rate21.07%
Other income / net worth2.03%
Growth
Sales growth (latest year)4.82%
Profit growth (latest year)-48.88%
Sales CAGR, 3 years-9.69%
Sales CAGR, 5 years1.04%
Profit CAGR, 3 years-29.34%
Sales growth QoQ-9.05%
Profit growth QoQ-71.43%
Sales growth YoY (latest quarter)-0.25%
Profit growth YoY (latest quarter)-37.04%
Per share
EPS (TTM)Rs 0.51
EPS (latest year)Rs 0.56
EPS (latest quarter)Rs 0.09
EPS, 3-year averageRs 0.90
EPS, 5-year averageRs 1.01
Book value per shareRs 17.27
Sales per shareRs 18.43
Cash flow per shareRs 2.64
Free cash flow per shareRs -0.22
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout89.32%
Dividend payout, 3-year average60.75%
Dividend payout, 5-year average56.66%
Efficiency
Asset turnover0.76x
Fixed asset turnover2.13x
Inventory turnover2.79x
Inventory days131 days
Debtor days102 days
Debtors turnover3.59x
Creditor days27 days
Cash conversion cycle248 days
Working capital days93 days
Leverage
Total debtRs 12 Cr
Cash and bankRs 8 Cr
Net debtRs 4 Cr
Debt to equity0.19x
Net debt / EBITDA0.22x
Interest coverage2.40x
Owners' fund to total sources71.04%
Debt to assets13.37%
Cash flow
Cash from Operating Activity (latest year)Rs 10 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -8 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years3.23x
Sales to cash flow6.99x
Statement figures
Net sales (TTM)Rs 68 Cr
Net sales (latest year)Rs 68 Cr
Sales (latest quarter)Rs 16 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 14 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 32 Cr
Total expenditure (latest year)Rs 52 Cr
Total income (latest year)Rs 69 Cr
Share capitalRs 37 Cr
ReservesRs 27 Cr
Shareholders' fundsRs 64 Cr
Total assetsRs 90 Cr
Net blockRs 32 Cr
Capital work in progressRs 4 Cr
ReceivablesRs 19 Cr
InventoryRs 11 Cr
Other liabilitiesRs 14 Cr
Shares outstanding (crore)3.68
Ownership
Promoter holding41.18% (-0.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 66.5 is at the 78th percentile of its own 6.4-year range (median 33.3, low 14.2, high 189.0).
P/B 1.94 is at the 66th percentile (median 1.67).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period532373Nifty 50Difference
1 week-5.0%-2.8% -2.3 pts
1 month+3.0%-6.8% +9.8 pts
3 months+42.4%-7.6% +50.0 pts
3 years+28.2%+14.2% +14.0 pts
5 years+82.9%+27.9% +55.1 pts

Red flags

F-score 6 of 8
lookProfit leans on other income Other income was 49% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹16 Cr -0.2% vs Jun 2025. Net profit ₹0 Cr -37.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of WEP Solutions Ltd?

WEP Solutions Ltd (532373) has a market capitalisation of Rs 123 Cr. at the 2026-10-01 close.

What is the P/E ratio of WEP Solutions Ltd?

WEP Solutions Ltd trades at a P/E of 65.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were WEP Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, WEP Solutions Ltd sales was Rs 16 Cr (-0.2% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03