Wherrelz IT

Why is Wherrelz IT Solutions Ltd falling/rising?

As of 01-Sep, Wherrelz IT Solutions Ltd's stock price is Rs. 148.75, unchanged from the previous day, and has reached a new 52-week low. The stock has declined 34.76% year-to-date, underperforming its sector, and is trading below its moving averages, indicating a bearish trend despite increased investor participation.

As of 01-Sep, Wherrelz IT Solutions Ltd's stock price is currently at Rs. 148.75, showing no change from the previous day. However, the stock has recently hit a new 52-week low today, indicating a significant decline in its value. The stock has underperformed its sector by 6.77% today and opened with a loss of 4.98%. Throughout the day, it has not traded above this price, reflecting a lack of upward momentum.<BR><BR>In terms of performance over different periods, the stock has seen a year-to-date decline of 34.76%, which is considerably worse than the Sensex's decline of 9.71%. Additionally, the stock has been trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further indicating a bearish trend.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 150% against the 5-day average, the overall trading activity has been erratic, with the stock not trading on 5 out of the last 20 days. This erratic trading and the current low price suggest that the stock is facing significant challenges, contributing to its downward trajectory.

Who are in the management team of Wherrelz IT?

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).

The management team of Wherrelz IT includes the following individuals:<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>If you need more specific information about their roles or responsibilities, feel free to ask!

What does Wherrelz IT do?

Wherrelz IT Solutions Ltd is a Micro Cap company in the software and consulting industry, incorporated in 2014 and converted to a Public Limited Company in 2021. As of September 2022, it reported net sales and profit of 0 Cr, with a market cap of INR 6 Cr.

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>Wherrelz IT Solutions Ltd was originally incorporated as a Private Limited Company on December 19, 2014. It was later converted into a Public Limited Company, with the name change occurring on 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: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 0.56% <BR>Price to Book: 0.15<BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Wherrelz IT?

Wherrelz IT's peers include Ekennis Software, Objectone Inform, and Mahaveer Infoway, among others. Wherrelz IT has below-average management risk and growth, with a 1-year return of -32.17%, significantly lower than Mahaveer Infoway's 41.03%.

Peers: The peers of Wherrelz IT are Ekennis Software, Objectone Inform, Space Incubatric, Tranway21 Tech., Mahaveer Infoway, Jointeca Educati, Bharatiya Glob., Sparc Electrex, Quintegra Soln., and Plada Infotech S.<BR><BR>Quality Snapshot: Below Average management risk is observed at Ekennis Software, Objectone Inform, Tranway21 Tech., Mahaveer Infoway, Bharatiya Glob., Sparc Electrex, and Wherrelz IT, while Average management risk is found at Plada Infotech S. Growth is Average at Wherrelz IT and Average at Mahaveer Infoway, while Below Average growth is noted at Ekennis Software, Objectone Inform, Tranway21 Tech., Bharatiya Glob., and Sparc Electrex. Capital Structure is Good at Objectone Inform, Average at Mahaveer Infoway, and Below Average at Ekennis Software, Tranway21 Tech., Wherrelz IT, Bharatiya Glob., and Sparc Electrex.<BR><BR>Return Snapshot: Mahaveer Infoway has the highest 1-year return at 41.03%, while Wherrelz IT has the lowest at -32.17%. This indicates that Wherrelz IT's return is significantly lower than that of Mahaveer Infoway. Additionally, Ekennis Software, Sparc Electrex, and Quintegra Soln. have negative six-month returns.

How big is Wherrelz IT?

As of 31st August, Wherrelz IT Solutions Ltd has a market capitalization of 6.00 Cr, with net sales of 0.61 Cr and a loss of 0.76 Cr over the latest four quarters. As of March 2022, Shareholder's Funds were 1.37 Cr and Total Assets were 1.49 Cr.

As of 31st August, Wherrelz IT Solutions Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Wherrelz IT reported net sales of 0.61 Cr. However, it experienced a loss of 0.76 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2022, where Shareholder's Funds amounted to 1.37 Cr and Total Assets were valued at 1.49 Cr.

Which are the latest news on Wherrelz IT?

When is the next results date for Wherrelz IT Solutions Ltd?

The next results date for Wherrelz IT Solutions Ltd is April 17, 2026.

The next results date for Wherrelz IT Solutions Ltd is scheduled for April 17, 2026.

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.

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.

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.

Has Wherrelz IT declared dividend?

No Dividend History Available