Provides customer relationship management (CRM) and call centre services, which made up 90% of FY26 revenue at Rs 85.07 crore, with software services contributing the remaining 10% at Rs 9.47 crore. The call centre segment generated Rs 1.29 crore in EBIT, while the newer software services segment earned Rs 2.35 crore in EBIT. Employee costs dominate the cost structure, reflecting the labour-intensive nature of the operations. A Rs 8.70 crore work order received from Madhya Pradesh Road Development Corporation covers implementation services for an accident response system and traffic management centre over three years, extendable by two more years based on performance. FY26 revenue grew 19.3% to Rs 93.65 crore, and the company flagged higher employee costs from a Uttar Pradesh minimum wage revision. Operating cash flow was Rs 485.87 lakh in FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Call Center Services (90%), Software Services (10%). Labour-intensive BPO/CRM services with a small but higher-margin software diversification
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 49 | 65 | 78 | 94 |
| EBITDA (ex other income) | 5 | 6 | 6 | 6 |
| margin % | 9.8 | 8.7 | 8.2 | 6.2 |
| Owners' profit | 2 | 0 | 0 | 0 |
| EPS, as reported (₹) | 2.57 | 2.69 | 1.85 | 2.82 |
| ROE % · ROCE % | 10.1 · 13.9 | 9.2 · 13.7 | 5.8 · 13.4 | 14.3 · 11.3 |
| Debt / equity (x) | 0.24 | 0.27 | 0.44 | 0.11 |
| Cash from operations | 1 | 14 | 3 | 5 |
| Capex | (2) | (3) | (10) | (2) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 20 | 19 | 20 | 20 | 21 | 22 | 31 |
| Profit before tax | 1 | 0 | (0) | 2 | 1 | 1 | 1 | 1 |
| Net profit | 1 | 0 | (0) | 1 | 1 | 2 | 1 | 1 |
| EPS (₹) | 0.65 | 0.21 | (0.09) | 1.09 | 0.49 | 1.77 | 0.85 | (0.38) |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Call Center Services | 22 | 69.7 |
| Software Services | 9 | 30.3 |
| Total, before eliminations | 31 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ECLERX SERVICES LTD | 17,469 | 16.1 | 6.81 | 14.6 | 27.6 | 31.3 | 21.4 | 24.6 |
| FIRSTSOURCE SOLU. LTD. | 17,310 | 25.6 | 3.95 | 13.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · NSE seeks clarification from We Win on missing financial results | regulatory legal | high | — | — |
| 1 Sept 2026 · Notice of 19th AGM and Book Closure - Newspaper Publication | compliance | minimal | — | — |
| 31 Aug 2026 · We Win FY26: Revenue up 19.3%, Net Profit up 173% | results | high | — | — |
| 29 Aug 2026 · We Win Limited 19th AGM on September 25, 2026; no dividend, new auditor appointed | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Board approves new auditor, fixes AGM for 25 September | management changes | medium | — | — |
| 19 Aug 2026 · Board Meeting on 29 Aug for Auditor Appointment and AGM Items | management changes | medium | — | — |
| 13 Aug 2026 · We Win Q1 FY27 results: revenue up about 16 percent YoY, profit dips | results | high | — | — |
| 13 Aug 2026 · Q1 FY27 Standalone Results: Revenue up 16% but PAT dips 22% on higher costs | results | high | — | — |
| 4 Aug 2026 · Board meeting on 13 Aug 2026 to consider Q1FY27 results | results | low | — | — |
| 7 Jul 2026 · Quarterly dematerialisation certificate filed with exchanges | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| 15.4 |
| 14.5 |
| 13.5 |
| 14.2 |
| RPSG VENTURES LIMITED | 2,744 | — | 0.63 | 5.7 | 0.0 | 1.6 | 15.1 | 19.0 |
| HINDUJA GLOBAL SOLS. LTD. | 1,784 | — | 0.21 | 3.9 | 0.1 | (0.8) | (5.1) | 11.1 |
| ONE POINT ONE SOL LTD | 1,476 | 32.8 | 3.19 | 17.8 | 8.3 | 7.0 | — | 24.9 |
| ALLDIGI TECH LIMITED | 1,212 | 14.2 | 4.83 | 6.9 | 32.8 | 23.4 | 16.7 | 29.5 |
| NSB BPO Solutions Limited | 121 | 8.1 | — | — | — | 6.0 | — | — |
| WE WIN LIMITED ◆ | 44 | 15.9 | 1.42 | 7.1 | 14.3 | 10.0 | — | 6.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 15.9 | 14.2 | 6 of 9 | 38% |
| P/B | 1.4 | 1.7 | 4 of 9 | 63% |
| ROCE | 10.0 | 7.0 | 5 of 11 | 60% |
| ROE | 14.3 | 8.3 | 4 of 9 | 63% |
| Debt / Equity | 0.1 | 0.1 | 5 of 9 | 50% |
| EBITDA margin | 6.4 | 19.0 | 8 of 9 | 13% |
| Revenue growth | 51.7 | 22.9 | 2 of 9 | 88% |
| Profit growth | (15.9) | 0.8 | 7 of 9 | 25% |
| Market cap | 44 | 1212 | 8 of 11 | 30% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
