Wherrelz IT

Why is Wherrelz IT Solutions Ltd falling/rising?

As of 24-Jun, Wherrelz IT Solutions Ltd's stock price is at Rs. 148.75, down 4.98%, marking a new 52-week low and a year-to-date decline of 34.76%. The stock is underperforming its sector and trading below all major moving averages, indicating a bearish trend despite increased investor participation.

As of 24-Jun, Wherrelz IT Solutions Ltd's stock price is falling, currently at Rs. 148.75, which represents a decrease of Rs. 7.8 or 4.98%. This decline is evident in the stock's performance today, where it underperformed its sector by 6.77% and opened with a significant loss of 4.98%. Additionally, the stock has reached a new 52-week low, indicating a downward trend.<BR><BR>The stock has shown a consistent decline over various time frames, with a year-to-date drop of 34.76% compared to a 9.66% decline in the benchmark Sensex. Over the past year, Wherrelz IT Solutions Ltd has decreased by 38.76%, while the Sensex has only fallen by 6.17%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 150% against the 5-day average, the overall market sentiment appears negative, contributing to the stock's decline. The erratic trading pattern, where the stock did not trade on 5 out of the last 20 days, also reflects instability, further impacting investor confidence.

Which are the latest news on Wherrelz IT?

What does Wherrelz IT do?

Wherrelz IT Solutions Ltd is a Micro Cap company in the Computers - Software & Consulting industry, incorporated in 2014 and converted to a public 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>The company was originally incorporated as "Wherrelz IT Solutions Private Limited" in 2014 and later converted into a Public Limited Company, changing its name to Wherrelz IT Solutions Limited on July 12, 2021. The most recent quarterly results reported net sales and net profit 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: -22.63% <BR>Price to Book: 0.15<BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Wherrelz IT?

As of 10th June, Wherrelz IT Solutions Ltd has a market capitalization of 6.00 Cr and reported Net Sales of 0.61 Cr with a Net Profit loss of 0.76 Cr over the latest four quarters. Shareholder's Funds are 1.37 Cr and Total Assets are 1.49 Cr as of March 2022.

As of 10th June, 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, the company experienced a Net Profit loss of 0.76 Cr during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2022. Shareholder's Funds are recorded at 1.37 Cr, while Total Assets amount to 1.49 Cr.

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 details about their roles or the company, feel free to ask!

Who are the peers of the Wherrelz IT?

Wherrelz IT's peers include Euphoria Infotec, Objectone Inform, Mahaveer Infoway, and others. Management risk is average for Wherrelz IT, with Mahaveer Infoway showing the highest 1-year return at 54.95%, while Wherrelz IT's return is -34.11%.

Peers: The peers of Wherrelz IT are Euphoria Infotec, Objectone Inform, Mahaveer Infoway, Space Incubatric, Jointeca Educati, Bharatiya Glob., Quintegra Soln., Melstar Info., and Plada Infotech S.<BR><BR>Quality Snapshot: Excellent management risk is observed at Euphoria Infotec and Plada Infotech S, while Average management risk is found at Wherrelz IT, and Below Average management risk is noted at Objectone Inform, Mahaveer Infoway, Bharatiya Glob., and the rest. Growth is Average at Wherrelz IT, Below Average at Euphoria Infotec, Objectone Inform, Mahaveer Infoway, Bharatiya Glob., and the rest, while Space Incubatric, Jointeca Educati, Quintegra Soln., Melstar Info., and the rest do not qualify. Capital Structure is Good at Euphoria Infotec and Objectone Inform, Average at Mahaveer Infoway, and Below Average at Wherrelz IT, Bharatiya Glob., and the rest.<BR><BR>Return Snapshot: Mahaveer Infoway has the highest 1-year return at 54.95%, while Euphoria Infotec has the lowest at -30.61%, with Wherrelz IT's 1-year return at -34.11% being lower than both. Additionally, the six-month return is negative for Euphoria Infotec, Objectone Inform, Space Incubatric, Wherrelz IT, Bharatiya Glob., and the rest.

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