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Workmates Core2cloud Solution Ltd

Workmates Core2cloud Solution Ltd

WORKMATES Share Price

BSE
412.101.42% (+5.75)
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With a market cap of ₹531 cr, stock is ranked 1,992

Stock is 4.61x 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 ₹531 cr, stock is ranked 1,992

Stock is 4.61x as volatile as Nifty

WORKMATES Performance & Key Metrics

WORKMATES Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
23.210.00%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.525.463.30%

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
15.65
15.65
1Y Return
30.75%
30.75%
Buy Reco %
64.10
64.10
PE Ratio
14.29
14.29
1Y Return
30.74%
30.74%
Buy Reco %
57.50
57.50
PE Ratio
20.83
20.83
1Y Return
11.04%
11.04%
Buy Reco %
39.39
39.39
PE Ratio
12.34
12.34
1Y Return
34.27%
34.27%
Buy Reco %
29.63
29.63
PE Ratio
31.75
31.75
1Y Return
3.53%
3.53%
Buy Reco %
67.57
67.57
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 Ltd33.3723.210.00%
Tata Consultancy Services Ltd15.657.105.17%
Infosys Limited14.294.514.62%
HCL Technologies Ltd20.834.614.23%

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

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%6.60%0.00%21.37%

May 2025

Nov 2025

Mar 2026

WORKMATES Shareholding History

WORKMATES Shareholding History

MayNovMar0.00%1.73%0.00%

WORKMATES Insider Trades & Bulk Stock Deals

WORKMATES Insider Trades & Bulk Stock Deals

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smallcases containing WORKMATES stock

smallcases containing WORKMATES stock

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WORKMATES Events

WORKMATES Events

WORKMATES Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

WORKMATES Dividend Trend

No dividend trend available

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 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.

4 days 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.

2 weeks 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.

3 weeks 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.

1 month 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.

4 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.

4 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

9 months agoCapital Market - Live
Spotlight
Spotlight
BSE SME Workmates Core2Cloud Solution blasts off with a cloud-high debut

The scrip was listed at Rs 387.60, a premium of 90% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 405 and a low of Rs 368.25. About 13.88 lakh shares of the company changed hands at the counter. Workmates Core2cloud Solution's IPO was subscribed 131.60 times. The issue opened for bidding on 11 November 2025 and it closed on 13 November 2025. The price of the IPO was fixed between Rs 200 to Rs 204 per share. The IPO comprised 34,32,600 equity shares, including a fresh issue of 29,08,800 equity shares and offer for sale (OFS) of 5,14,800 equity shares. The company intends to utilize the net proceeds for prepayment or repayment of secured loan availed by company from banks, funding of working capital requirements of company and for general corporate purposes. Ahead of the IPO, Workmates Core2cloud Solution on 10 November 2025, raised Rs 19.58 crore from anchor investors. The board allotted 9.60 lakh shares at Rs 204 each to 5 anchor investors. Kolkata-based Workmates Core2Cloud Solution is an AWS Premier Consulting Partner specializing in scalable and innovative cloud solutions across India. The company has completed over 350 projects for 200+ clients spanning finance, healthcare, retail, e-commerce, and media sectors. Its core services include cloud migration and managed services, DevOps and automation, cybersecurity and analytics, custom application development, and SAP infrastructure support. Additionally, Workmates Core2Cloud leverages emerging technologies such as IoT, Blockchain, AI/ML, VR, and AR to drive digital transformation. Known for its AWS expertise and customer-focused approach, the company helps organizations enhance efficiency, security, and innovation through the cloud. As of 31 August 2025, the company had 168 employees on its payroll. The company recorded revenue from operations of Rs 59.38 crore and net profit of Rs 7.22 crore for the period ended 31 August 2025. Powered by Capital Market - Live

10 months agoCapital Market - Live
Corporate
Corporate
Shares of Workmates Core2Cloud Solution list in MT Group

The equity shares of Workmates Core2Cloud Solution (Scrip Code: 544610) are listed effective 18 November 2025 and admitted to dealings on the Exchange in the list of ''MT'' Group Securities. At 10:04 IST, the stock was trading at a premium of 80.51% to the issue price of Rs 204. Powered by Capital Market - Live

10 months agoCapital Market - Live

Frequently asked questions

  1. The share price of WORKMATES as on 21st September 2026 is ₹412.10. 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: -12.69%
    • Past 1 month: 21.51%
    • Past 3 months: 44.30%
    • Past 6 months: 33.91%
    • Past 1 year: 11.68%
    • Past 3 years: N/A%
    • Past 5 years: 11.68%

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

  4. The current dividend yield of Workmates Core2cloud Solution Ltd (WORKMATES) is 0.00.

  5. 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 ₹531.29 Cr as of 21st September 2026.

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

  7. The P/E (price-to-earnings) ratio of Workmates Core2cloud Solution Ltd (WORKMATES) is 33.37. The P/B (price-to-book) ratio is 23.21.

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

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