Reported Earnings • Apr 19
Full year 2026 earnings released: EPS: ₹5.74 (vs ₹229 loss in FY 2025) Full year 2026 results: EPS: ₹5.74 (up from ₹229 loss in FY 2025). Revenue: ₹196.6m (up 83% from FY 2025). Net income: ₹2.24m (up ₹91.6m from FY 2025). Profit margin: 1.1% (up from net loss in FY 2025). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Apr 11
Wherrelz IT Solutions Limited to Report Second Half, 2026 Results on Apr 17, 2026 Wherrelz IT Solutions Limited announced that they will report second half, 2026 results on Apr 17, 2026 New Risk • Jan 10
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹75m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-₹75m). Earnings have declined by 71% per year over the past 5 years. Market cap is less than US$10m (₹77.1m market cap, or US$854.8k). Minor Risk Revenue is less than US$5m (₹107m revenue, or US$1.2m). New Risk • Dec 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹139m free cash flow). Shares are highly illiquid. Earnings have declined by 71% per year over the past 5 years. Market cap is less than US$10m (₹98.4m market cap, or US$1.09m). Minor Risks Negative equity (-₹75m). Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Revenue is less than US$5m (₹107m revenue, or US$1.2m). Announcement • Oct 31
Wherrelz IT Solutions Limited to Report Q2, 2026 Results on Nov 06, 2025 Wherrelz IT Solutions Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Board Change • Jun 09
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Nitesh Mehta was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 19
Wherrelz IT Solutions Limited to Report Q4, 2025 Results on May 22, 2025 Wherrelz IT Solutions Limited announced that they will report Q4, 2025 results on May 22, 2025 Board Change • Feb 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Nitesh Mehta was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Nitesh Mehta was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹254, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 38x in the IT industry in India. Board Change • Nov 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Nitesh Mehta was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Wherrelz IT Solutions Limited to Report Q2, 2025 Results on Nov 14, 2024 Wherrelz IT Solutions Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Sep 09
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 18
Wherrelz IT Solutions Limited Announces Resignation of Navin Mukesh Punjabi as Independent Director Mr. Navin Mukesh Punjabi has resigned from the post of Independent Director of Wherrelz IT Solutions Limited with effect from July 12, 2024. Reason is due to personal reasons. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹166, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 13% over the past year. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (₹6.0m revenue, or US$72k). Market cap is less than US$10m (₹43.9m market cap, or US$527.8k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • May 24
Wherrelz IT Solutions Limited to Report Second Half, 2024 Results on May 30, 2024 Wherrelz IT Solutions Limited announced that they will report second half, 2024 results on May 30, 2024 Announcement • Apr 30
Wherrelz IT Solutions Limited Appoints Ankur Khona as the Chief Financial Officer Wherrelz IT Solutions Limited announced that at its board meeting held on 30 April 2024, has appointed Mr. Ankur Khona as the chief financial officer and key managerial personnel of the company with effect from 30 April 2024. Brief Profile: Has completed Master in Computer Application from Tilak Maharashtra Vidyapeeth and has vast experience in handling business operations, finance and accounts. Announcement • Mar 13
Wherrelz IT Solutions Limited Appoints Sumit Patidar as Company Secretary and Compliance Officer Wherrelz IT Solutions Limited announced that the Board of Directors of Company in the meeting held on 13 March, 2024, has appointed Mr. Sumit Patidar as Company Secretary and Compliance Officer of Company with effect from March 13, 2024. Mr. Sumit Patidar is an associate member of the Institute of Company Secretaries of India. Announcement • Dec 02
Wherrelz IT Solutions Limited Announces the Resignation of Ramraj Singh Thakur from the Post of Company Secretary and Compliance Officer (Key Managerial Personnel), Effective from December 02, 2023 Wherrelz IT Solutions Limited announced that Mr. Ramraj Singh Thakur has resigned from the post of Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from December 02, 2023. Announcement • Sep 21
Wherrelz IT Solutions Limited Appoints Pankaj Narendra Saxena as Chief Operating Officer Wherrelz IT Solutions Limited announced that at the Board of Directors meeting held on 20 September, 2023, approved appointment of Mr. Pankaj Narendra Saxena as Chief Operating Officer of the Company. Date of Appointment: 20th September, 2023. Term of appointment - He will look into the operational part of the Company, and he will handle the day-to-day operations of the Company on the terms mutually decided by the Mr. Pankaj Narendra Saxena and the Board of Directors of the Company. Mr. Pankaj Saxena aged 58 years, began his profession after quitting his career from Indian Air force on medical ground unable to accomplish his goals of serving the nation, and entered into the sector of Shipping Industries - Served in many organizations on various positions ranging from Manager - Port Operational In charge - Sr. Executive - General Manager - Managing Director of the Company, has nearly three decades of experience in the field of Import/Export - (Shipping Industry). Mr. Saxena has garnered various awards during his services for his entrepreneurship. Having vide experience in development of company. Marketing, Fund Management, Preparing growth strategies of the company, Business Planning and analysis of future competition and threats at Global level. Announcement • Aug 09
Wherrelz IT Solutions Limited, Annual General Meeting, Sep 02, 2023 Wherrelz IT Solutions Limited, Annual General Meeting, Sep 02, 2023, at 11:00 Indian Standard Time. Location: Plot No. 15, Road 10, Sec -1 New Panvel East Navi Mumbai, Raigarh Mumbai Maharashtra India Agenda: To consider Audited Financial Statements of the Company for the Financial Year ended 31 March, 2023 together with the Reports of the Board of Directors and Auditors thereon; and to consider appoint a director in place of Sumanlata Dhareshwar who retires by rotation and being eligible, offers herself for re-appointment. Announcement • Jan 08
Wherrelz IT Solutions Limited Appoints Mr. Ramraj Singh Thakur as Company Secretory and Compliance Officer Wherrelz IT Solutions Limited announced that at its board meeting held on January 06, 2023, the board approved the appointment of Mr. Ramraj Singh Thakur as Company Secretory and Compliance officer of company. Mr. Ramraj Singh Thakur is Associates member of ICSI having Membership No is 51637. Announcement • Nov 05
Wherrelz IT Solutions Limited to Report Q2, 2023 Results on Nov 14, 2022 Wherrelz IT Solutions Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Oct 15
Wherrelz IT Solutions Limited Announces Strike-off of Subsidiary Company: Infinitybeam IOT Labs Private Limited Wherrelz IT Solutions Limited announced that the Board of Directors of company has discussed that Infinitybeam IOT Labs Private Limited, subsidiary of Wherrelz IT Solutions Limited has no business in last two financial years and also does not have probability of business in future, hence it has been proposed and decided that the said subsidiary Company will be strike-off voluntarily. Announcement • Oct 12
Wherrelz IT Solutions Limited Announces the Resignation of Aditi Sanjit Bagul as Company Secretary / Compliance Officer Wherrelz IT Solutions Limited announced that Ms. Aditi Sanjit Bagul, has given the resignation from the post of Company Secretary & Compliance officer of Company vide her resignation letter dated October 11, 2022 due to Personal Reason and time constraints for the said position. Board Change • Aug 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 04
Full year 2022 earnings released: ₹19.10 loss per share (vs ₹2.00 profit in FY 2021) Full year 2022 results: ₹19.10 loss per share (down from ₹2.00 profit in FY 2021). Revenue: ₹2.91m (up 44% from FY 2021). Net loss: ₹5.38m (down ₹5.54m from profit in FY 2021). Board Change • Aug 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 30
Wherrelz IT Solutions Limited, Annual General Meeting, Aug 26, 2022 Wherrelz IT Solutions Limited, Annual General Meeting, Aug 26, 2022, at 14:30 Indian Standard Time. Location: Plot No.: 9-11, Road No.: 14, Sector-1 New Panvel Maharashtra India Agenda: To consider the board appointments; to consider Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2022 together with the Reports of the Board of Directors and Auditors thereon; to consider Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Report of Auditors thereon; to appoint a director in place of Mrs. Sumanlata Dhareshwar (DIN: 07027595) who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. Board Change • Jun 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 05
Full year 2022 earnings released: ₹19.10 loss per share (vs ₹1.80 profit in FY 2021) Full year 2022 results: ₹19.10 loss per share (down from ₹1.80 profit in FY 2021). Revenue: ₹3.01m (up 49% from FY 2021). Net loss: ₹5.38m (down ₹5.53m from profit in FY 2021). Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Uma Krishnan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
