WEP SOLUTIONS LTD (532373) - DIWALI STOCK

Dear Investor friends, On this auspicious day - I am discussing one MULTIBAGGER potential stock .

WEP SOLUTIONS LTD (532373)

WeP Solutions Ltd was started as a public limited company in March 1995 under the name of Datanet Corporation Ltd. Now Wep is pioneers in managed print solutions (MPS), serving 500+ large and mid-segment enterprises with a presence across 1500+ urban, semi-urban and rural areas in the country.

Company manage more than half a billion prints per year on printer fleet across India through innovative solutions on security and mobility, remote management and user management solutions. 

Company History

WeP had it's origin in the erstwhile Wipro Peripherals, which was a market focused Strategic Business Unit in Wipro infotech till 2000. In year 2000, Wipro e Peripherals was formed, when an employee buyout happened of the Peripherals business internally within Wipro. Mr Ram Agarwal, then President of Wipro Peripherals along with the employees of WP, bought out a significant stake of Wipro and an independent company was formed with an objective for focused market development and bring out cutting edge technology led products in the peripherals space.

Wep Digital is new arm of the company, which manages the complete billing solutions. Recent development in GST, company has appointed as GST suvidha provider.

1.    WeP Solutions is a GST Suvidha Provider (GSP) appointed by Goods and Services Tax Network (GSTN)

2.    WeP Solutions is an authorized Aadhaar Authentication User Agency (AUA)registered with UIDAI

3.    Cloud-based solutions for large and medium enterprises

4.    Secure Multi-Factor Authentication and Queue Management with Data Protection

5.    GST Ready Billing Printers & POS tabletswith inbuilt tax preparation and tax return filing solutions for small & individual enterprises

6.    Customer Self Service Portal with users and access controls

Other than this company has retail billing solutions, ranging from small to large retail billing solutions. Few of them are as follows.

 BP JOY – New product from the company generally suitable for Hotels, Bakeries etc.

BP 20 PLUS – This is the older version, this also suitable for billing solutions for small to medium retail outlets.

GST PRODUCTS

This is the latest products of the company after GST, for billing solutions.

Apart from this Company is also having GST services, Adhar Authetication services as well.

Industries served

Wep Solution serving Retail, Health care/Pharma, Education, Governament, Banking/Finance, Hotels,Travels/Tourism and many more.

Companies is having significance presence in advanced printing solutions also. Document management service is also one of the  business segment of the company.

Company products are also available in online stores,  which is a new addition from the company.

Company website: Wepindia 

                               : Wepdigital

FINANCIALS AND OUTLOOK

Company shares are trading in BSE.
 Promoter holding in company 39%

Major IT firm WIPRO holds 7 % stake in the company.

Company posted 20.29 Cr top line in June Qtr.

Net profit is 0.25 Cr bottom-line in June Qtr.

OPM is more than 12%

Reducing Debt Company, virtually debt free.

Stock is trading at Rs 46

Company is having tremendous growth potential due to GST rollout. Wep digital is the company’s new arm especially for GST related, GST service products. As the Indian economy is going unorganised to organised manner and cashless economy, company products are there for it. Apart from  Adhar authentication services is also a big boost for the company.

MPS business is growing in all the industrial segments, company’s billing solutions are growing very fast.

Considering above stock is having a multibagger potential in a days to come.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”