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Workmates Core2cloud Solution Ltd

Workmates Core2cloud Solution Ltd

WORKMATES Share Price

BSE
₹428.954.99% (-22.55)
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With a market cap of ₹554 cr, stock is ranked 1,982

Stock is 4.22x as volatile as Nifty

WORKMATES Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹554 cr, stock is ranked 1,982

Stock is 4.22x as volatile as Nifty

WORKMATES Performance & Key Metrics

WORKMATES Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
—6.28—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.515.713.23%

WORKMATES Analyst Ratings & Forecast

—
Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

WORKMATES Company Profile

Workmates Core2Cloud Solution Limited is an India-based cloud and digital transformation company providing managed services, cloud migration, cybersecurity, analytics, DevOps, and AI solutions across workloads like SAP, media, e-commerce, IoT, and machine learning with AWS and Microsoft platforms.

WORKMATES Similar Stocks (Peers)

Compare with peers Compare with peers 

WORKMATES Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
17.17
17.17
1Y Return
17.11%
17.11%
Buy Reco %
63.41
63.41
PE Ratio
15.58
15.58
1Y Return
20.41%
20.41%
Buy Reco %
53.85
53.85
PE Ratio
22.30
22.30
1Y Return
6.28%
6.28%
Buy Reco %
42.42
42.42
PE Ratio
14.87
14.87
1Y Return
17.35%
17.35%
Buy Reco %
29.63
29.63
PE Ratio
35.73
35.73
1Y Return
28.94%
28.94%
Buy Reco %
68.42
68.42
Compare with Peers

WORKMATES Sentiment Analysis

WORKMATES Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

WORKMATES Stock Summary · May 2026

Management framed the call around confident growth momentum, citing FY26 revenue of INR 143 crore and reiterating an FY27 revenue target of INR 210 crore. They emphasized converting one‑time cloud transformation work into long‑term annuity contracts and positioning the cloud + cybersecurity + AI stack as the core strategic priority, supported by a premier hyperscaler partnership and recent investments in AI capabilities and an automation platform to accelerate client deployments. Management acknowledged a tension between strong recurring revenue momentum and near‑term margin compression, attributing softer margins to discrete top‑line declines and higher hiring costs while outlining recovery levers—shifting mix to higher‑margin AI and security work, raising billable utilization, and extracting operational leverage as new hires scale. Operational gains from automation and improved service productivity were highlighted alongside tighter working‑capital focus. For the near term they said a substantial portion of FY27 is already contracted or visible and that the remaining gap should be closed from the existing pipeline over the coming months; the FY27 target excludes any US/UK top‑line contribution.

WORKMATES Stock Growth Drivers
WORKMATES Stock Growth Drivers
9
  • Strategic positioning in a large, high‑growth market with durable tailwinds

    The company has explicitly positioned itself at the intersection of cloud computing, cybersecurity and artificial

  • Strong financial growth and high recurring revenue mix

    The company demonstrated robust historical top‑line expansion and an annuity‑style revenue profile, reporting FY26 revenue

WORKMATES Stock Challenges
WORKMATES Stock Challenges
7
  • High Revenue Concentration by Two Verticals

    The company's revenue is heavily concentrated in two verticals that account for 37% and 34%

  • Recent Margin Erosion from Contract Exits and Cost Buildup

    Profitability deteriorated in FY26 with gross margin falling to 32.8% (from 33.9%), EBITDA margin to

WORKMATES Forecast

WORKMATES Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

WORKMATES

WORKMATES

Income

Balance Sheet

Cash Flow

WORKMATES Income Statement

WORKMATES Income Statement

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WORKMATES Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual report

PDF
 

WORKMATES Stock Peers

WORKMATES Past Performance & Peer Comparison

WORKMATES Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Workmates Core2cloud Solution Ltd34.816.28—
Tata Consultancy Services Ltd17.178.324.41%
Infosys Limited15.585.074.11%
HCL Technologies Ltd22.305.153.78%
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WORKMATES Stock Price Comparison

Compare WORKMATES with any stock or ETF
Compare WORKMATES with any stock or ETF
WORKMATES
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WORKMATES Holdings

WORKMATES Shareholdings

WORKMATES Promoter Holdings Trend

WORKMATES Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

WORKMATES Institutional Holdings Trend

WORKMATES Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

WORKMATES Shareholding Pattern

WORKMATES Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding72.03%0.00%6.73%0.13%21.11%

May 2025

Nov 2025

Mar 2026

Sep 2026

WORKMATES Shareholding History

WORKMATES Shareholding History

MayNovMarSep0.00%1.73%0.00%0.13%

WORKMATES Insider Trades & Bulk Stock Deals

WORKMATES Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing WORKMATES stock

smallcases containing WORKMATES stock

Looks like this stock is not in any smallcase yet.

WORKMATES Events

WORKMATES Events

WORKMATES Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

WORKMATES has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

WORKMATES Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

WORKMATES has not given any dividends in last 5 years

WORKMATES Upcoming Dividends

WORKMATES Upcoming Dividends

No upcoming dividends are available

WORKMATES Past Dividends

WORKMATES Past Dividends

Cash Dividend

Ex DateEx DateMay 22, 2026

Interim
Interim | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

May 22, 2026

WORKMATES Stock News & Opinions

WORKMATES Stock News & Opinions

Corporate
Corporate
Workmates Core2Cloud confirmed no deviation in IPO proceeds of Rs 69.84 crore

Workmates Core2Cloud Solution Limited informed the BSE Limited that there was no deviation or variation in the use of proceeds from its initial public offering, where Rs 69.84 crore was raised on November 14, 2026, according to a statement reviewed by the Audit Committee on November 4, 2026, for the half year ended September 30, 2026.

1 day agoCapital Market - Live
Corporate
Corporate
Workmates Core2Cloud to review financial statements and monitoring reports at November meeting

Workmates Core2Cloud Solution Limited will hold a board meeting on Wednesday, November 04, 2026, to approve and take on record the unaudited financial statements (standalone and consolidated) for the half year ended September 30, 2026, along with a limited review report, and to review a monitoring agency report for the quarter and half year ended September 30, 2026.

6 days agoCapital Market - Live
Corporate
Corporate
Workmates Core2Cloud receives certificate from MUFG Intime India regarding securities dematerialisation

Workmates Core2Cloud Solution Limited informed the BSE Limited that MUFG Intime India Private Limited, the company’s Registrar and Share Transfer Agent, issued a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 30th September 2026, confirming the acceptance or rejection of securities received for dematerialisation and their subsequent listing on stock exchanges.

4 weeks agoCapital Market - Live
Corporate
Corporate
Workmates Core2Cloud shares trading will halt October 1, 2026, pending financial results

Workmates Core2Cloud Solution Limited will close its trading window for company shares from October 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter and half year ended September 30, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

1 month agoCapital Market - Live
Corporate
Corporate
Workmates Core2Cloud reported Rs 143 crore revenue and Rs 9.83 crore recurring revenue in FY26

Workmates Core2Cloud Solution Limited, a BSE SME-listed company, reported Rs 143 crore in revenue for fiscal year 2025-26, alongside a Rs 9.83 crore exit monthly recurring revenue as of March 2026, according to an investor presentation. The company, which focuses on cloud and digital transformation services, highlighted a dual-engine business model with 80% annuity revenue and a client retention rate of 95%, and announced plans to expand in the US and UK markets, while recalibrating its go-to-market strategy for Singapore.

1 month agoCapital Market - Live
Corporate
Corporate
Workmates Core2Cloud Solution Limited to hold annual meeting via video conference on September 25, 2026

Workmates Core2Cloud Solution Limited informed the Bombay Stock Exchange that its Eighth Annual General Meeting will be held on Friday, September 25, 2026, at 12:30 P.M. (IST) through Video Conferencing / Other Audio-Visual Means, with the Register of Members and Share Transfer Books closed from Friday, September 18, 2026, to Friday, September 25, 2026, with September 18, 2026, as the Record Date.

2 months agoCapital Market - Live
Corporate
Corporate
Workmates Core2Cloud revises director remuneration and schedules annual meeting via video conference

Workmates Core2Cloud Solution Limited informed the BSE on August 20, 2026, that its board of directors approved revisions to the remuneration of Whole Time Director & Chief Financial Officer Debasish Sarkar and Managing Director Basanta Kumar Rana, and authorized the notice for the 8th Annual General Meeting to be held on September 25, 2026, via video conferencing, while also appointing Prateek Kohli & Associates, Company Secretaries, to scrutinize the e-voting process.

2 months agoCapital Market - Live
Corporate
Corporate
Board of Workmates Core2cloud Solution recommends interim dividend

Workmates Core2cloud Solution announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the interim dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

5 months agoCapital Market - Live
Corporate
Corporate
Workmates Core2cloud Solution to convene board meeting

Workmates Core2cloud Solution will hold a meeting of the Board of Directors of the Company on 14 May 2026.

5 months agoCapital Market - Live
Corporate
Corporate
Workmates Core2cloud Solution to convene board meeting

Workmates Core2cloud Solution will hold a meeting of the Board of Directors of the Company on 9 December 2025.Powered by Capital Market - Live

11 months agoCapital Market - Live

Frequently asked questions

  1. The share price of WORKMATES as on 5th November 2026 is ₹428.95. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Workmates Core2cloud Solution Ltd (WORKMATES) share are
    • Past 1 week: -2.30%
    • Past 1 month: 19.82%
    • Past 3 months: 31.88%
    • Past 6 months: 23.26%
    • Past 1 year: 16.48%
    • Past 3 years: N/A%
    • Past 5 years: 16.48%

  3. The peers or stocks similar to Workmates Core2cloud Solution Ltd (WORKMATES) include:

  4. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Workmates Core2cloud Solution Ltd (WORKMATES) is ₹554.15 Cr as of 5th November 2026.

  5. The 52-week high of Workmates Core2cloud Solution Ltd (WORKMATES) is ₹514 and the 52-week low is ₹264.

  6. The P/E (price-to-earnings) ratio of Workmates Core2cloud Solution Ltd (WORKMATES) is 34.81. The P/B (price-to-book) ratio is 6.28.

  7. Workmates Core2cloud Solution Ltd (WORKMATES) belongs to the Information Technology sector & IT Services & Consulting sub-sector.

  8. You can directly buy Workmates Core2cloud Solution Ltd (WORKMATES) shares on Tickertape. Simply sign up, connect your demat account and place your order.