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WEP Solutions Ltd. (India)

Main Activities: Printing Machinery and Equipment Manufacturing | Custom Computer Programming Services
Full name: WEP Solutions Ltd. Profile Updated: October 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

WeP Solutions Ltd. is a company located in Bangalore, India. It was established in 1988 as a part of Wipro's domestic IT business. In September 2000, Wipro spun off its IT Peripherals business into a separate independent company called Wipro e-Peripherals Limited, which was later renamed WeP Peripherals Limited. Currently, all business lines at WeP operate under WeP Solutions Limited, a public limited company listed at the Bombay Stock Exchange. WeP started with Dot Matrix Printers and has now diversified into various segments such as Managed Printing Services, Retail Printing Solutions, SaaS based Digital Services and Solutions. It is known for its impact printers and has expanded into other allied products and solutions. WeP has two manufacturing facilities in Mysore and Baddi. It also has a dedicated Research & Development group for product development. WeP is a pioneer in providing Managed Printing Services (MPS) to Indian corporates and is a leader in the Indian MPS market. It has more than 500 corporate clients across India. In addition to printing services, WeP has also invested in developing and providing digital services. It has become a GST Suvidha provider (GSP) and offers SaaS based GST/e-Invoice/E-Way bill solutions. WeP also offers other digital transformation platforms such as "Low Code Development Platform," "Workflow Automation," "Document repository," and "Business intelligence" platforms. WeP has direct sales and support offices in 14 cities in India and sells its products through over 200 channel partners. The company has over 400 employees and is focused on growth. The main products and services offered by WeP include SaaS products such as Document Management, Workflow Automation, Employee Records Management, Management of Change, Procure to Pay, WeP GST Solution, and e-Way Bill/e-Invoice. They also provide services such as Managed Print Services, Managed GST Filing Services, PaaS, Low code development, and Ricoh Products. Customers can contact WeP through their corporate headquarters in Bengaluru or through their sales and support offices.

Legal Address
40/1A, Basappa Complex,, , Lavelle Road
Bangalore; Karnataka; Postal Code: 560001

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Website: https://wepsol.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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Chief Financial Officer
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Managing Director & CEO
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Non Executive Director
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Independent Director
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Independent Director
Ownership Details
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44.18%
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41.44%
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14.38%
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Subsidiaries
Datanet Ecommerce Services Limited
100%
Company Performance
Financial values in the chart are available after WEP Solutions Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-6.52%
Total operating revenue
-6.52%
Operating profit (EBIT)
37.14%
EBITDA
12.77%
Net Profit (Loss) for the Period
27.78%
Total equity
0.63%
Operating Profit Margin (ROS)
3.1%
Net Profit Margin
2.09%
Return on Equity (ROE)
0.67%

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