BSE: 0 | NSE: WTICAB | Travel Services | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Wise Travel India Ltd is a average quality company.
The key valuation ratios of Wise Travel India Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Wise Travel India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 9% | 17.8% | 31% | 29.4% | - |
| Value Creation Index ⓘ | -0.4 | 0.3 | 1.2 | 1.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 42.3 | 88.6 | 250 | 410 | 410 |
| Sales YoY Gr. | - | 109.7% | 181.7% | 64.2% | - |
| Adj EPS ⓘ | 0.9 | 2.2 | 5.9 | 9.4 | 10.2 |
| YoY Gr. | - | 143.8% | 171.4% | 58.9% | - |
| BVPS (₹) ⓘ | 15.1 | 17.5 | 23.3 | 62.8 | 62.8 |
| Adj Net Profit ⓘ | 1.4 | 3.5 | 10.2 | 22.3 | 24 |
| Cash Flow from Ops. ⓘ | 11.6 | -2.9 | 5.2 | 20.4 | - |
| Debt/CF from Ops. ⓘ | 0.6 | -1.3 | 5.1 | 1.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 113.3% | 64.2% | ||||
| Adj EPS ⓘ | NA | NA | 119.1% | 58.9% | ||||
| BVPSⓘ | NA | NA | 60.7% | 169.3% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 5.9 | 13.3 | 29.7 | 23.4 | 16.2 |
| Op. Profit Mgn % ⓘ | 7.4 | 7 | 7.5 | 10.6 | NAN |
| Net Profit Mgn % ⓘ | 3.4 | 4 | 4.1 | 5.4 | 5.9 |
| Debt to Equity ⓘ | 0.3 | 0.1 | 0.7 | 0.2 | - |
| Working Cap Days ⓘ | 0 | 125 | 89 | 89 | 0 |
| Cash Conv. Cycle ⓘ | 0 | -4 | 10 | 15 | 0 |
Sales growth is growing at healthy rate in last 3 years 113.25%
Net Profit is growing at healthy rate in last 3 years 119.09%
Return on Equity has declined versus last 3 years average to 16.20%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 10.2 | 9.8 |
| TTM Sales (₹ Cr.) | 410 | 411 |
| BVPS (₹.) ⓘ | 62.8 | 62.5 |
| Reserves (₹ Cr.) ⓘ | 126 | 125 |
| P/BV ⓘ | 2.77 | 2.79 |
| PE ⓘ | 17.15 | 17.86 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 415 |
| Equity (₹ Cr.) | 23.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 65.2 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 42 | 89 | 250 | 410 |
| Operating Expenses ⓘ | 39 | 82 | 231 | 366 |
| Manufacturing Costs | 29 | 66 | 196 | 314 |
| Material Costs | 0 | 0 | 0 | 0 |
| Employee Cost | 6 | 10 | 20 | 27 |
| Other Costs ⓘ | 4 | 7 | 15 | 26 |
| Operating Profit ⓘ | 3 | 6 | 19 | 44 |
| Operating Profit Margin (%) | 7.2% | 6.9% | 7.4% | 10.6% |
| Other Income ⓘ | 2 | 1 | 0 | 4 |
| Interest ⓘ | 1 | 1 | 2 | 4 |
| Depreciation ⓘ | 2 | 2 | 4 | 11 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 2 | 5 | 14 | 32 |
| Tax ⓘ | 0 | 1 | 3 | 8 |
| Profit After Tax | 2 | 4 | 10 | 24 |
| PAT Margin (%) | 4.1% | 4.3% | 4.1% | 5.9% |
| Adjusted EPS (₹) | 1.1 | 2.3 | 5.9 | 10.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 25 | 28 | 41 | 150 | ||||||
| Share Capital ⓘ | 3 | 3 | 3 | 24 | ||||||
| Reserves ⓘ | 22 | 25 | 37 | 126 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 1 | 2 | 17 | 16 | ||||||
| Long Term Debt | 1 | 2 | 17 | 11 | ||||||
| Short Term Debt | 0 | 0 | 0 | 5 | ||||||
| Trade Payables | 16 | 22 | 43 | 53 | ||||||
| Others Liabilities ⓘ | 10 | 7 | 17 | 21 | ||||||
| Total Liabilities ⓘ | 52 | 59 | 117 | 240 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 18 | 18 | 31 | 39 | ||||||
| Accumulated Depreciation | 7 | 7 | 10 | 19 | ||||||
| Net Fixed Assetsⓘ | 11 | 12 | 21 | 20 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 1 | 1 | 1 | 1 | ||||||
| Inventories | 0 | 0 | 0 | 0 | ||||||
| Trade Receivables | 13 | 28 | 59 | 86 | ||||||
| Cash Equivalents | 17 | 9 | 12 | 103 | ||||||
| Others Assetsⓘ | 10 | 10 | 24 | 31 | ||||||
| Total Assets ⓘ | 52 | 59 | 117 | 240 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 12 | -3 | 5 | 20 |
| PBT ⓘ | 2 | 5 | 14 | 32 |
| Adjustment ⓘ | 2 | 1 | 4 | 11 |
| Changes in Working Capital ⓘ | 8 | -8 | -8 | -13 |
| Tax Paid ⓘ | -1 | -1 | -5 | -9 |
| Cash Flow From Investing Activity ⓘ | -3 | -2 | -24 | -96 |
| Capex | -3 | -2 | -13 | -8 |
| Net Investments | 0 | 0 | 2 | -91 |
| Others ⓘ | 0 | 0 | -13 | 3 |
| Cash Flow From Financing Activityⓘ | -4 | -3 | 24 | 83 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 2 | 85 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 23 | -4 |
| Interest Paid ⓘ | 0 | 0 | -1 | -2 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | -4 | -3 | 0 | 5 |
| Net Cash Flow ⓘ | 5 | -8 | 6 | 8 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 7.04 | 14.29 | 29.92 | 25.44 | ||||||
| ROCE (%) | 9.04 | 17.75 | 30.96 | 29.41 | ||||||
| Asset Turnover Ratio | 0.82 | 1.6 | 2.84 | 2.29 | ||||||
| PAT to CFO Conversion(x) | 6 | -0.75 | 0.5 | 0.83 | Working Capital Days | |||||
| Receivable Days | 115 | 85 | 64 | 64 | ||||||
| Inventory Days | 0 | 0 | 0 | 0 | ||||||
| Payable Days | 0 | 0 | 0 | 0 | ||||||
Wise Travel India Limited was originally incorporated on April 22, 2009 as ‘Wise Travel India Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi & Haryana. Subsequently, the Company was converted into Public Limited Company and name of company was changed from ‘Wise Travel India Private Limited’ to ‘Wise Travel India Limited’ vide fresh certificate of incorporation dated September 26, 2023 issued by the Registrar of Companies, National Capital Territory of Delhi.
Wise Travel India (WTI) has stated its operations as transportation service provider with an objective to redefine urban mobility and metamorphose the fabric of daily commutes. The company is engaged in the business of providing online car rental and taxi booking services in India. The operations are carried out with a large fleet of on-road and robust technology platforms. The objective behind the venture is to have presence across the value chain through services in the corporate people transportation which includes Car Rental Services, Employee Transportation Services, Car Leasing, Coach Rentals, Technology, and Mobility Solutions.
The company provide Car Rental Services for Corporates - providing chauffeur driven cabs to help them to transport employees, guests or VIP’s to airport, conferences, a sales call, intra city travel, hotel pickup & drop, outstation or for their long term or daily car rentals needs. Moreover, the company’s airport counters are strategically located in many airports throughout India, precisely positioned after the security hold areas. These airports experience high international & domestic traffic, making them ideal locations for its counters. By placing its counters after the security hold areas, it ensures convenient access for travellers, allowing them to avail of its transportation services conveniently. Further, since inception, the company has been serving in the modern business of fleet management and leasing services. Not only it helps business owners and managers in conserving expenses, it helps them to save time with its full-service offerings that also reduce the potential hassle associated with a vehicle lease or purchase.
The company provides mobility services for Meetings, Conferences Exhibitions to corporates. Providing Mobility Solutions to corporates helps to improve safety and operational efficiencies. It offers comprehensive mobility services for individuals and enterprises across major cities in India. The company’s primary focus is on providing safe and cost effective transportation solutions while ensuring delightful experiences of its customers. The company is all geared up to provide Sustainable Mobility by inducting electric vehicles for staff transportation and Corporate Car Rental services across the country, creating an ecosystem alongside.
Business area of the company
The company is engaged in the business of providing online car rental and taxi booking services in India. The operations are carried out with a large fleet of on-road and robust technology platforms.
Services of the company
History and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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