Wherrelz IT

Has Wherrelz IT declared dividend?

No Dividend History Available

Who are the peers of the Wherrelz IT?

No Peers Information Available

Who are in the management team of Wherrelz IT?

As of March 2021, the management team of Wherrelz IT includes Chaitanyadhareshwar (Managing Director), Sumanlatadhareshwar (Executive Director & CFO), Navinpunjabi (Director), Rishi Aggarwal (Independent Director), Uma Krishnan (Independent Director), and Ramraj Singh Thakur (Company Secretary & Compliance Officer).

As of March 2021, the management team of Wherrelz IT includes:<BR><BR>1. Chaitanyadhareshwar - Managing Director<BR>2. Sumanlatadhareshwar - Executive Director & CFO<BR>3. Navinpunjabi - Director<BR>4. Rishi Aggarwal - Independent Director<BR>5. Uma Krishnan - Independent Director<BR>6. Ramraj Singh Thakur - Company Secretary & Compliance Officer<BR><BR>These individuals play key roles in the company's leadership and governance.

What does Wherrelz IT do?

Wherrelz IT Solutions Ltd is a Micro Cap company in the Computers - Software & Consulting industry, recently reporting net sales and profit of 0 Cr for September 2022, with a market cap of Rs 9 Cr. The company was incorporated in 2014 and became public in 2021.

Overview:<BR>Wherrelz IT Solutions Ltd operates in the Computers - Software & Consulting industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated as a Private Limited Company on December 19, 2014, and later converted into a Public Limited Company, with the name change to Wherrelz IT Solutions Limited effective July 12, 2021. The most recent quarterly results reported net sales and net profit of 0 Cr for September 2022.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Sep 2022) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2022) <BR>Market-cap value: Rs 9 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 26.76 <BR>Return on Equity: 7.03% <BR>Price to Book: 6.51 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the top shareholders of the Wherrelz IT?

The top shareholders of Wherrelz IT are Chaitanya Bharat Dhareshwar, the promoter with 16.43%, and Narendrasinh Manubha Zala, the highest public shareholder with 22.79%. Individual investors hold a significant 64.63%, with no institutional holdings or pledged shares reported.

The top shareholders of Wherrelz IT include Chaitanya Bharat Dhareshwar, who is the promoter with the highest holding at 16.43%. The highest public shareholder is Narendrasinh Manubha Zala, holding 22.79%. Additionally, individual investors collectively hold a significant portion of the company at 64.63%. There are no institutional holdings or pledged promoter shares reported.

When is the next results date for Wherrelz IT?

No Upcoming Board Meetings

Is Wherrelz IT overvalued or undervalued?

As of November 12, 2024, Wherrelz IT is considered overvalued and risky due to troubling financial ratios, including a PE ratio of -1.08 and an EV to EBITDA of -5.35, despite a strong one-year stock return of 82.39%.

As of 12 November 2024, Wherrelz IT's valuation grade has moved from does not qualify to risky, indicating significant concerns regarding its financial health. The company is currently assessed as overvalued, given its troubling financial ratios, including a PE ratio of -1.08, an EV to EBITDA of -5.35, and a ROE of -628.91%. These figures starkly contrast with its peers, such as Tata Consultancy Services Ltd. with a PE ratio of 25.23 and Infosys Ltd. at 24.32, highlighting the substantial disparity in performance and valuation metrics.<BR><BR>In comparison to its industry peers, Wherrelz IT's financial outlook appears dire, as it struggles with negative earnings and returns. The company's EV to Sales ratio of 4.45 further emphasizes its overvaluation relative to more stable competitors like HCL Technologies Ltd. and Wipro Ltd., both of which maintain attractive valuations. Despite a strong one-year stock return of 82.39% compared to the Sensex's 7.55%, the underlying financial metrics suggest that Wherrelz IT's current price may not be sustainable, reinforcing the conclusion of overvaluation.

What is the technical trend for Wherrelz IT?

As of June 6, 2025, Wherrelz IT shows a mildly bullish trend driven by daily moving averages, though mixed signals from weekly MACD and Dow Theory, along with bearish monthly indicators, temper the overall bullish sentiment.

As of 6 June 2025, the technical trend for Wherrelz IT has changed from does not qualify to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and Dow Theory suggest a mildly bearish outlook, while the monthly indicators remain bearish. The Bollinger Bands are bullish on both weekly and monthly time frames, providing some support to the overall bullish sentiment. The RSI shows no signal on the weekly and is bearish on the monthly, indicating mixed signals. Overall, the strength of the bullish trend is tempered by the bearish signals from the MACD and Dow Theory on the weekly time frame.

How big is Wherrelz IT?

As of 24th July, Wherrelz IT Solutions Ltd has a market capitalization of 9.00 Cr, with recent net sales of 0.61 Cr and a net loss of 0.76 Cr. The latest balance sheet from March 2022 shows shareholder's funds of 1.37 Cr and total assets of 1.49 Cr.

As of 24th July, Wherrelz IT Solutions Ltd has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Wherrelz IT reported Net Sales of 0.61 Cr. However, it faced a loss of 0.76 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2022, showing Shareholder's Funds of 1.37 Cr and Total Assets of 1.49 Cr.

How has been the historical performance of Wherrelz IT?

Wherrelz IT's historical performance from March 2019 to March 2022 shows significant growth in shareholder's funds, increasing from Rs 0.07 crore to Rs 1.37 crore, and total assets rising from Rs 0.08 crore to Rs 1.49 crore, with cash and bank balances reaching Rs 1.29 crore. Despite no profit before tax, the company's financial foundation has strengthened considerably.

Answer:<BR>The historical performance of Wherrelz IT shows a significant increase in shareholder's funds and total assets over the years, with notable growth in cash and bank balances.<BR><BR>Breakdown:<BR>Wherrelz IT's financial performance from March 2019 to March 2022 indicates a substantial increase in shareholder's funds, rising from Rs 0.07 crore in March 2019 to Rs 1.37 crore in March 2022. Total assets also grew significantly, from Rs 0.08 crore in March 2019 to Rs 1.49 crore in March 2022. The company's cash and bank balances saw a remarkable increase, reaching Rs 1.29 crore in March 2022, up from Rs 0.04 crore in March 2019. Additionally, the book value per share adjusted rose from Rs 8.4 in March 2019 to Rs 35.06 in March 2022, reflecting a positive trend in the company's equity position. Overall, while the company reported no profit before tax during this period, the growth in assets and funds suggests a strengthening financial foundation.

Why is Wherrelz IT Solutions Ltd falling/rising?

As of 01-Apr, Wherrelz IT Solutions Ltd's stock price is Rs. 173.40, unchanged from the previous day but down 4.99% today, marking a 14.16% decline over the past month and a 23.95% drop year-to-date. The stock has reached a new 52-week low and has underperformed its sector, indicating a bearish trend.

As of 01-Apr, Wherrelz IT Solutions Ltd's stock price is currently at Rs. 173.40, showing no change from the previous day. However, the stock has experienced a significant decline recently, with a 4.99% drop today alone. This decline is part of a broader trend, as the stock has fallen 14.16% over the past month and 23.95% year-to-date. Additionally, the stock has reached a new 52-week low today, indicating a downward trajectory.<BR><BR>The performance today has underperformed the sector by 3.17%, and the stock opened with a loss of 4.99%. It has not traded on 5 out of the last 20 days, suggesting erratic trading behavior. Furthermore, while the stock is trading above its 200-day moving average, it is below its 5-day, 20-day, 50-day, and 100-day moving averages, which could indicate a bearish trend.<BR><BR>Overall, the combination of recent poor performance, reaching a new low, and underperforming against the sector contributes to the stock's current falling status.

Which are the latest news on Wherrelz IT?