Small Cap stock specialized in the business of Customer Life cycle management, Business Process Management, Technology Servicing, and many more in focus upon onboarding Razorpay as a new business client.
With a market capitalization of Rs. 1,080 Crores, the shares of One Point One Solutions Limited closed at Rs. 55.30, up 0.36 percent from its previous day’s close price of Rs. 55.10.
One Point One Solutions Limited has entered into a business agreement with Razorpay Limited, to manage the end-to-end merchant origination and servicing with the expansion of Razorpay’s operational capacity to an impressive 160+ seats from 7 seats.
It has also been entrusted with the management of end-to-end merchant origination and servicing through its Bengaluru Delivery Center, marking a pivotal moment in the company’s evolution. Commencing this operation, One Point One has become a full-service player in the Fintech sector, enabling transformation operations to bridge the gap and create compelling experiences for onboarding merchants.
Key activities involve Verification, Documentation processing, Customer Support, Banking Operations, Ticket Management, and International Payment Enablement.
In Addition, it has agreed with ICICI Prudential Mutual Funds to provide them with the services of Activation and Renewals of SIPs. One Point One Solution is poised to broaden its horizons by venturing into activation, cross-sell/up-sell, and service domains.
Commencing the operations from One Point One’s Navi Mumbai delivery center will enable the team to focus on delivering tailored experiences with unparalleled customer services and driving business growth
One Point One Solutions Limited is a full-stack player in BPO, KPO, IT Services, Technology & Transformation, and Analytics. It provides services like customer services, technical help desk, dispute management, collection of payments, settlements, and many more.
Its revenue from operations grew by 6.50 percent from Rs. 132 Crores in FY22 to Rs. 140 Crores in FY23, accompanied by profits of Rs. 3 Crores to Rs. 9 Crores.
It has reported a return on equity (ROE) of 17.3 percent and a return on capital employed (ROCE) of 16.9 percent, it is making good returns on its equity and capital employed.
Written by: Bharath K.S
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