We Win Ltd (WEWIN)

Score breakdown: P/E: 3/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• Low leverage with debt/equity of only 0.30
• Healthy promoter alignment at 70.90% holding
• Piotroski F-Score of 7/9 indicates improving fundamentals
• Attractive P/E of 9.54 and PEG of 0.04, if earnings are sustainable
• ROE of 17.09% with sales growth of 13.03%

Concerns

• Profit growth of 503.45% is likely from a low base; latest quarter net profit is only ₹1 Cr on ₹22 Cr sales
• No dividend yield, so total return depends entirely on capital appreciation
• P/B of 2.17 means paying more than book value, offering limited asset margin of safety
• ROCE of 10.73% is modest, suggesting the business has no exceptionally strong return on capital

AI Analysis

This is a tiny, ₹44 Cr market-cap BPO/KPO outfit, priced at ₹58.45. Graham would say the first job is not to lose money. With debt/equity of only 0.30 and ROCE at 10.73%, the balance sheet is not going to keep me awake at night. ROE of 17.09% is respectable for a small service business. The Piotroski F-Score of 7/9 tells me recent fundamental health is improving, and the promoter holding of 70.90% means ownership is closely held. Sales growth of 13.03% is steady, not spectacular. The eye-popping number is profit growth of 503.45%, giving a PEG of 0.04. At a P/E of 9.54, the market is not paying a fancy price. This looks like a potential Benjamin Graham net-net? No—P/B of 2.17 says I'm paying more than tangible book value. So value depends on earnings power. The latest quarter shows sales of ₹22 Cr but net profit of only ₹1 Cr. That's a thin margin, and it explains why a 503% profit jump can still mean a small absolute figure. A 503% growth rate is usually a rebound from a low base, not a mature compounding engine. No dividend means my return depends entirely on reinvestment and a future higher share price. This has the characteristics of a turnaround: low valuation, improving F-score, low debt. But I must watch whether quarterly profits can sustain and grow. In a competitive KPO/BPO space, moats come from client relationships and execution, not from a product or brand. I would not treat it as a stalwart yet. I need several more quarters of ₹1 Cr-plus profit, stable margins, and no excessive dilution before I call it a genuine compounding machine.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer