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We Win Ltd. (IN:WEWIN)
:WEWIN
India Market
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We Win Ltd. (WEWIN) AI Stock Analysis

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IN:WEWIN

We Win Ltd.

(WEWIN)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
₹51.00
▲(8.97% Upside)
Action:Downgraded
Date:05/21/26
The score is driven primarily by solid revenue growth and a healthier balance sheet (lower debt), offset by volatile profitability and historically inconsistent free cash flow. Technically, the longer-term trend looks supported despite near-term softness, and valuation appears attractive with a low P/E.
Positive Factors
Revenue Growth
Consistent multi-year revenue growth indicates sustained market demand and effective service delivery. This durable top-line momentum supports scale economics, strengthens client relationships, and creates a reliable base to fund R&D, sales expansion, and longer-term strategic initiatives.
Negative Factors
Volatile Profitability
Sharp drops and volatility in gross and operating profit undermine earnings predictability and increase sensitivity to cost or pricing shocks. Persistent margin compression can erode returns on invested capital, limit reinvestment capacity, and heighten downside during demand slowdowns.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent multi-year revenue growth indicates sustained market demand and effective service delivery. This durable top-line momentum supports scale economics, strengthens client relationships, and creates a reliable base to fund R&D, sales expansion, and longer-term strategic initiatives.
Read all positive factors

We Win Ltd. (WEWIN) vs. iShares MSCI India ETF (INDA)

We Win Ltd. Business Overview & Revenue Model

Company Description
We Win Limited, headquartered in Bhopal, India, has been providing a wide array of customer relationship management (CRM) services across India since its establishment in 2007. The company's extensive offerings encompass both inbound and outbound ...

We Win Ltd. Financial Statement Overview

Summary
Revenue growth has been strong, and the balance sheet improved recently with materially lower debt and higher equity. However, profitability has been volatile with a sharp drop in gross and operating profit in the latest year, and cash flow has been uneven with historically lumpy/negative free cash flow despite a strong most recent year.
Income Statement
62
Positive
Balance Sheet
71
Positive
Cash Flow
55
Neutral
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue936.53M784.92M650.43M487.88M415.74M
Gross Profit230.49M151.99M117.99M130.70M120.74M
EBITDA58.21M61.59M63.90M50.82M45.67M
Net Income45.02M16.49M24.96M24.08M21.39M
Balance Sheet
Total Assets535.22M519.26M514.06M383.56M276.04M
Cash, Cash Equivalents and Short-Term Investments82.85M51.95M117.60M49.22M70.49M
Total Debt33.70M123.96M123.85M80.86M6.85M
Total Liabilities223.92M235.95M249.51M146.29M64.81M
Stockholders Equity311.30M283.31M264.56M237.27M211.24M
Cash Flow
Free Cash Flow97.33M-74.63M115.82M-5.88M-1.31M
Operating Cash Flow119.39M26.75M143.20M14.83M6.27M
Investing Cash Flow-14.66M-56.44M-95.06M-51.81M-12.43M
Financing Cash Flow-73.83M-35.95M20.23M15.71M-6.14M

We Win Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price46.80
Price Trends
50DMA
53.20
Negative
100DMA
50.24
Negative
200DMA
49.72
Negative
Market Momentum
MACD
-1.67
Negative
RSI
45.09
Neutral
STOCH
20.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WEWIN, the sentiment is Neutral. The current price of 46.8 is below the 20-day moving average (MA) of 47.65, below the 50-day MA of 53.20, and below the 200-day MA of 49.72, indicating a bearish trend. The MACD of -1.67 indicates Negative momentum. The RSI at 45.09 is Neutral, neither overbought nor oversold. The STOCH value of 20.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:WEWIN.

We Win Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
₹460.29M12.0018.86%139.34%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
₹478.00M12.6453.44%57.06%
51
Neutral
₹603.26M123.20-9.00%
51
Neutral
₹626.92M-11.29-9.88%32.17%
43
Neutral
₹541.30M-5.43-67.04%40.19%
41
Neutral
₹317.68M-0.65-29.59%-3524.70%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:WEWIN
We Win Ltd.
47.56
-2.05
-4.13%
IN:ADROITINFO
Adroit Infotech Limited
8.92
-1.95
-17.94%
IN:CTE
Cambridge Technology Enterprises Limited
30.73
-15.82
-33.98%
IN:GSS
GSS Infotech Limited
12.45
-20.13
-61.79%
IN:PALREDTEC
Palred Technologies Limited
50.23
-14.08
-21.89%
IN:SUVIDHAA
Suvidhaa Infoserve Limited
2.56
-2.12
-45.30%

We Win Ltd. Corporate Events

We Win Limited Reports No Non-Convertible Securities or Related Dues for Q1 FY2026-27
Jul 1, 2026
We Win Limited has notified the stock exchanges that, for the quarter ended June 30, 2026, it has not issued any non-convertible securities, including NCDs or bonds. As a result, there were no applicable interest or principal payments due on such ...
We Win Limited Certifies Full Compliance with SEBI Insider Trading Data Rules
Jul 1, 2026
We Win Limited reported that it has implemented and maintained a Structured Digital Database in accordance with the Securities and Exchange Board of India’s insider trading regulations for the quarter ended 30 June 2026. The company’s ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 21, 2026