The shares of this microcap company locked a 5 percent upper circuit in Thursday’s trading session after receiving an order from Assam Power Distribution company worth over Rs. 10.81 crores.
Price Movement:
With a market capitalization of Rs. 77.1 crores, the shares of We Win Ltd started Thursday’s trading session on a higher note at Rs. 75.91, clocking a 5 percent upper circuit compared to its previous close of Rs. 72.30 apiece.
What Happened:
Such a positive movement in the share price was observed after the company in an exchange filing announced that it had received a work order for the Appointment of an Agency to operate the Assam Power Distribution Company Limited (APDCL) Customer Call Centre. The total value of the project is for two years worth over Rs. 10.81 crores.
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Financials:
Looking at the company’s financial statements, the revenue increased by around 16 percent from Rs. 16.71 crores during the December quarter to Rs. 19.38 crores in the March quarter. In addition, the net profits jumped by 21 percent from Rs. 76 lakhs to Rs. 92 lakhs during the same period.
Recent Developments:
Earlier, the company had received a work order from the State Agency for Public Service, M.P. for the operation and maintenance of the CM Helpline Outbound Call Centre in the State of Madhya Pradesh. The total value of the project for 5 years is worth over Rs. 13.39 crores.
Important Financial Ratios:
In terms of key financial metrics, the company reported a Return on Equity (RoE) of 9.22 percent and a return on capital employed (RoCE) of 13.72 percent for the period spanning FY23-24. Additionally, during the same period, the net profit margin stood at 3.79 percent.
Customer Base:
We Win Ltd serves a diverse clientele, including notable industry leaders like Swiggy, L&T, Disney+ Hotstar, and IRCTC. Their services are designed to be scalable and flexible, adapting to the evolving needs of their clients
Shareholding Pattern:
According to the latest shareholding pattern, the Promoters hold 70.80 percent of the shares, while Retail Investors own the remaining 29.21 percent.
Company Profile:
We Win Ltd, originally established as Surevin BPO Services in 2007, operates primarily in the Business Process Outsourcing (BPO) sector, specializing in Customer Relationship Management (CRM) services.
The company provides a range of solutions including call centre services, digital transformation, and customer support across various industries.
Written By Vaibhav Patil
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