WEP Solutions Ltd - Stock Valuation and Financial Performance

BSE: 532373 | NSE: | IT - Software | Small Cap

WEP Solutions Share Price

38.15 1.21 3.28%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on WEP Solutions

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

WEP Solutions stock performance -

mw4me loader
P/E Ratio (SA):
22.18
Market Cap:
138.5 Cr.
52-wk low:
16.4
52-wk high:
54

Is WEP Solutions Ltd an attractive stock to invest in?

1. Is WEP Solutions Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that WEP Solutions Ltd is a below average quality company.

2. Is WEP Solutions Ltd undervalued or overvalued?

The key valuation ratios of WEP Solutions Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is WEP Solutions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of WEP Solutions Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of WEP Solutions:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
WEP Solutions Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.9%7.5%6.3%4.4%4.2%1.3%1.9%0.3%5.9%10.5%-
Value Creation
Index
-0.2-0.5-0.6-0.7-0.7-0.9-0.9-1.0-0.6-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11610488.977.679.273.965.764.511192.269
Sales YoY Gr.--10.3%-14.7%-12.7%2.1%-6.7%-11.2%-1.8%71.8%-16.8%-
Adj EPS 1.10.70.50.40.5-00.1-0.30.71.51.7
YoY Gr.--37.5%-27.1%-25.5%26.3%-102.1%NA-585.7%NA115.5%-
BVPS (₹) 11.110.811.21414.415.615.714.914.415.616.1
Adj Net
Profit
3.11.91.41.11.400.2-0.92.65.66
Cash Flow from Ops. 17.310.11114.39.49.19.68.211.710-
Debt/CF from Ops. 0.71.11.10.30.811.21.70.50.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.5%3.1%12%-16.8%
Adj EPS 3.5%26.1%179.6%115.5%
BVPS3.9%1.6%-0.2%8.6%
Share Price 21.2% 16.1% 35.9% 102.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.26.44.73.13.3-0.10.5-25.510.110.8
Op. Profit
Mgn %
10.81010.812.514.714.820.417.311.814.819.6
Net Profit
Mgn %
2.71.91.61.51.8-0.10.4-1.42.369
Debt to
Equity
0.40.40.40.10.20.20.20.40.10.1-
Working Cap
Days
170155177169144151182207128157100
Cash Conv.
Cycle
737370626083109118709554

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.80%

Sales growth is growing at healthy rate in last 3 years 11.99%

Net Profit is growing at healthy rate in last 3 years 179.60%

Sales growth is not so good in last 4 quarters at -31.61%

Latest Financials - WEP Solutions Ltd.

Standalone Consolidated
TTM EPS (₹) 1.7 0.8
TTM Sales (₹ Cr.) 69.4 103
BVPS (₹.) 16.1 0
Reserves (₹ Cr.) 22 16
P/BV 2.35 0.00
PE 22.18 47.49
From the Market
52 Week Low / High (₹) 16.35 / 53.95
All Time Low / High (₹) 1.29 / 53.95
Market Cap (₹ Cr.) 139
Equity (₹ Cr.) 36.6
Face Value (₹) 10
Industry PE 33.7

Management X-Ray of WEP Solutions:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of WEP Solutions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales11610489787974666411192
Operating Expenses 105948068686353549879
Manufacturing Costs49414134323127232225
Material Costs272815121386145938
Employee Cost 11991011121010109
Other Costs 1916151211129777
Operating Profit 111099111113111314
Operating Profit Margin (%) 9.6%9.5%10.2%12.2%14.4%14.5%20.0%16.8%11.8%14.8%
Other Income 1101111011
Interest 2221111211
Depreciation 7768911131199
Exceptional Items 0000000000
Profit Before Tax 3221200-145
Tax 111010001-1
Profit After Tax 2211100-136
PAT Margin (%) 1.8%1.5%1.2%1.3%1.8%-0.3%0.1%-1.7%2.3%6.3%
Adjusted EPS (₹)0.80.60.40.30.5-0.10.0-0.40.71.6
Dividend Payout Ratio (%)55%73%0%0%0%0%0%0%70%31%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 31303142444950395257
Share Capital 23232325252626263636
Reserves 87817182323131621
Minority Interest0000000000
Debt11111248791132
Long Term Debt1000045520
Short Term Debt1011124844611
Trade Payables12191412845643
Others Liabilities 1411107101213111610
Total Liabilities 67716765697277687572

Fixed Assets

Gross Block1111029938495869707680
Accumulated Depreciation8779758162637445053
Net Fixed Assets24232431333132262627
CWIP 0000132242
Investments 0011578000
Inventories21222013111012141313
Trade Receivables16201512131213131316
Cash Equivalents 0000000182
Others Assets6678699131212
Total Assets 67716765697277687572

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 17101114991081210
PBT 3221200-145
Adjustment 11889111315121010
Changes in Working Capital 5024-3-3-4-4-1-4
Tax Paid -1-1-1-1-1-1-11-1-1
Cash Flow From Investing Activity -18-7-9-15-14-14-10-5-9-7
Capex -180-8-15-11-11-10-5-10-8
Net Investments 00-10-4-2-1000
Others 0-7001-11000
Cash Flow From Financing Activity 0-3-20550-30-5
Net Proceeds from Shares 000100500100
Net Proceeds from Borrowing 0000000000
Interest Paid -2-2-2-1-1-1-1-1-1-1
Dividend Paid 0-1-1000000-2
Others 201-9611-1-9-3
Net Cash Flow 000000003-3
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.555.223.462.663.27-0.420.09-2.515.6710.72
ROCE (%)11.739.57.835.975.971.562.320.528.619.45
Asset Turnover Ratio1.621.561.341.221.21.050.880.891.551.25
PAT to CFO Conversion(x)8.5511149-INFINFN/A41.67
Working Capital Days
Receivable Days71616861576371744358
Inventory Days71748375565263744453
Payable Days2482054153782692572441383135

WEP Solutions Ltd Stock News

WEP Solutions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of WEP Solutions on 28-Mar-2024 16:01 is ₹38.15.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of WEP Solutions stood at ₹138.5.
The latest P/E ratio of WEP Solutions as of 28-Mar-2024 16:01 is 22.18.
The latest P/B ratio of WEP Solutions as of 28-Mar-2024 16:01 is 2.35.
The 52-week high of WEP Solutions is ₹53.95 and the 52-week low is ₹16.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of WEP Solutions is ₹69.44 ( Cr.) .

About WEP Solutions Ltd

Datanet Systems incepted in 1995 has committed itself to product innovation right from its inception. In fact R&D based state of art product design & development has been an uncompromising passion for Datanet. Datanet specialises in the design and development of Workflow/BPM Software, Multi-application Smart Cards, Smart Card based ATMs and Banking Application. Datanet has been doing intensive & continuing R&D in core areas of

  • Workflow automation platform for complex business processes and
  • Multi application smart card solutions with special focus on financial applications.

As a result, Datanet has developed & deployed a wide range of solutions, particularly in the banking sector. Datanet products are installed in about 8000 sites distributed across the length & breadth of India.

In developing these complete solutions, Datanet has also acquired expertise in the design, deployment & usage of many related platforms & technologies such as Microsoft platforms, banking business processes, WANs, Smart card terminals, Internet based applications, PKI security, Web Services, automated teller machines, ASP model managed services, turn-key project handling, etc.

Products and services offered by the company:

Product:

  • WorkFlow Based
  • Cash Management System
  • Electronic Funds Transfer
  • Any Branch Banking
  • Telebanking
  • BankFlow
  • Sanchaya

Smart card Based

  • e-Smart Card
  • e-Smart Combo

Services

  • Internet & Mobile Banking
  • Strong Web Authentication
  • e-Cash Download & Settlement

Milestone

  • 1995:  Company started
  • 1996  Signed up with M/s Federal Bank for joint development of TBA software using BPRO.
  • 1997:  Obtained first order from Department of Posts for supply of software for banking transactions; Order from NIC for wireless MAN;
  • 1998:  Order from M/s Vysya Bank for development of a customized ABB system
  • 1999:  Order from Bank Of Baroda for CMS system and ABB, Telebanking and PC Banking; Telebanker for Syndicate bank; Repeat order from DOP; Order from Sir. M. Visvesvaraya Co-op bank for computersing all branches with TBA.
  • 2000:  Datanet becomes a listed company; Repeat order from DOP; Repeat order from BOB for expansion of CMS and ABB, Telebanking & PC Banking.
  • 2001:  DeSL, a subsidiary of Datanet is started; Repeat order from DOP; Repeat order from BOB for expansion of CMS and ABB, Tele & PC Banking; Order for development of EFT software; Order for enhancing the BOB network with VSAT connection; Order from Dhanalakshmi Bank for supply of CMS, ABB, Tele & Internet banking software; Order from BASIX for development of smart card & workflow based micro-finance transactions system.
  • 2002:  Repeat order from DOP;
  • 2003:  Order for ASP model Internet & mobile banking from BOB; Installation & commissioning of EFT for BOB; Installation & commissioning of CashierAssist, a version of e-ATM at Karad Urban Co-op Bank; Order for 'Know Your PAN' service over Telephone or Internet from Income Tax department, Bangalore.
  • 2004:  Installation & commissioning of smart card & Windows PC based e-ATM at Sir M. Visvesvaraya Co-op Bank, Bangalore; Repeat order from BOB for expansion of Internet & mobile banking; Continuation Order from Dhanalakshmi Bank for expansion of CMS;
  • 2003-05:  Re-engineering the company towards building globally applicable core technology products.
  • 2005:  Pilot project from Sanghamithra, for developing a smart card & Simputer based solution for microfinance. Pilot project for building a secure & instant immigrants' money transfer system for export using Smart Card & Simputer. Enhancement of Bank Of Baroda's CMS & EFT software.
  • 2006:  Development of a Simputer & smart card solution for handling auctions at APMC yards.
  • 2007:  Repeat orders from DOP;
  • 2008:  (i) Repeat orders from DOP             (ii) Pilot Order for Customised iRemitHome from TCC, Ghana.  
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