Western Carriers (India)
Close ·
- P/E
- 25.76
Key Fundamentals
MicrocapTransport ServicesServicesPrice-based figures at the close · EPS basis: Consolidated · TTM
- ROCE
- 6.83%
- Debt to Equity
- 0.26
- EPS (TTM)
- ₹3.60
- Book Value
- ₹85.03
- Market Cap
- —
- P/E (TTM)
- 25.76
- P/B
- 1.09
- ROE
- 4.58%
- Dividend Yield
- 0.00%
- EBITDA
- ₹99.50 Cr
- 52W High
- ₹133.77
- 52W Low
- ₹77.02
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 40
- Weak
- Returns, margins, earnings quality 22% weight
- Valuation
- 42
- Weak
- Cheap vs sector & own history 24% weight
- Growth
- 36
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 50
- Average
- Solvency, leverage, coverage 9% weight
- Momentum
- 25
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 36
- Poor
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Stock is trading at 1.16 times its book value
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.5% over past five years.
- Company has a low return on equity of 10.1% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 9 | 7 | 3 |
| Oscillators | Bearish | 2 | 7 | 0 |
| Moving Averages | Strong Bearish | 7 | 0 | 3 |
Oscillators
Bearish
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 48.74
- Neutral
- MACD (12,26,9)
- 0.21
- Bearish
- SMA (50)
- 91.31
- Bullish
- SMA (200)
- 97.75
- Bearish
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 5Y | +10.50% |
|---|---|
| 3Y | +3.85% |
| 1Y | +5.97% |
| TTM | +9.28% |
Net profit
| 5Y | −2.82% |
|---|---|
| 3Y | −18.48% |
| 1Y | −40.00% |
| TTM | −35.60% |
Operating cash flow
| 5Y | Outflow narrowed by ₹4 Cr |
|---|---|
| 3Y | Turned negative |
| 1Y | Outflow widened by ₹19 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 5Y | −2.65 pp |
|---|---|
| 3Y | −2.82 pp |
| 1Y | −2.36 pp |
| TTM | −1.72 pp |
Revenue by year
| Mar 2020 | ₹1,067 Cr |
|---|---|
| Mar 2021 | ₹1,110 Cr |
| Mar 2022 | ₹1,471 Cr |
| Mar 2023 | ₹1,633 Cr |
| Mar 2024 | ₹1,686 Cr |
| Mar 2025 | ₹1,726 Cr |
| Mar 2026 | ₹1,829 Cr |
Net profit by year
| Mar 2020 | ₹36.00 Cr |
|---|---|
| Mar 2021 | ₹45.00 Cr |
| Mar 2022 | ₹61.00 Cr |
| Mar 2023 | ₹72.00 Cr |
| Mar 2024 | ₹80.00 Cr |
| Mar 2025 | ₹65.00 Cr |
| Mar 2026 | ₹39.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 402 | 426 | 457 | 402 | 423 | 431 | 443 | 429 | 416 | 440 | 478 | 496 | 465 |
| Expenses | 370 | 392 | 419 | 358 | 387 | 395 | 420 | 404 | 395 | 421 | 454 | 474 | 446 |
| Operating Profit | 31.31 | 33.56 | 37.35 | 43.83 | 35.46 | 36.14 | 23.39 | 24.95 | 20.8 | 18.83 | 23.92 | 21.43 | 18.68 |
| OPM % | 7.8% | 7.88% | 8.18% | 10.91% | 8.39% | 8.38% | 5.28% | 5.82% | 5% | 4.28% | 5% | 4.32% | 4.02% |
| Other Income | 1.27 | 1.13 | 1.86 | 1.51 | 1.37 | 1.88 | 5.1 | 4.85 | 4.17 | 4.36 | 2.76 | 3.26 | 3.51 |
| Interest | 4.46 | 4.76 | 6.21 | 6.75 | 6.08 | 6.72 | 4.51 | 4.21 | 4.53 | 4.53 | 4.14 | 5.25 | 3.69 |
| Depreciation | 4.8 | 5.03 | 5.59 | 5.82 | 5.23 | 5.77 | 6.18 | 6.62 | 5.74 | 6.5 | 7.89 | 8.19 | 6.63 |
| PBT | 23.32 | 24.9 | 27.41 | 32.77 | 25.52 | 25.53 | 17.81 | 18.97 | 14.7 | 12.16 | 14.65 | 11.25 | 11.87 |
| Tax % | 25.17% | 26.55% | 25.61% | 26.15% | 25.97% | 25.77% | 25.88% | 25.78% | 26.6% | 26.48% | 26.08% | 26.58% | 26.79% |
| Net Profit | 17.46 | 18.3 | 20.39 | 24.2 | 18.9 | 18.96 | 13.2 | 14.08 | 10.79 | 8.95 | 10.83 | 8.26 | 8.69 |
| EPS (₹) | 2.22 | 2.33 | 2.59 | 3.07 | 2.4 | 1.86 | 1.29 | 1.38 | 1.06 | 0.88 | 1.06 | 0.81 | 0.85 |
Profit & Loss
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,067 | 1,110 | 1,471 | 1,633 | 1,686 | 1,726 | 1,829 | 1,878 |
| Expenses | 994 | 1,029 | 1,367 | 1,511 | 1,540 | 1,605 | 1,744 | 1,795 |
| Operating Profit | 73 | 81 | 104 | 122 | 146 | 121 | 85 | 83 |
| OPM % | 7% | 7% | 7% | 7% | 9% | 7% | 4.7% | 4.4% |
| Other Income | 6 | 4 | 5 | 5 | 6 | 13 | 15 | 14 |
| Interest | 14 | 13 | 14 | 16 | 22 | 22 | 18.45 | 18 |
| Depreciation | 14 | 12 | 12 | 15 | 21 | 24 | 28 | 29 |
| PBT | 52 | 60 | 83 | 96 | 108 | 88 | 53 | 50 |
| Tax % | 31% | 26% | 27% | 26% | 26% | 26% | 26% | — |
| Net Profit | 36 | 45 | 61 | 72 | 80 | 65 | 39 | 37 |
| EPS (₹) | 9.11 | 11.32 | 15.54 | 9.09 | 10.21 | 6.39 | 3.81 | 3.6 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 51 | 51 |
| Reserves | 112 | 157 | 218 | 279 | 359 | 777 | 816 |
| Borrowings | 102 | 141 | 150 | 215 | 269 | 176 | 226 |
| Other Liabilities | 105 | 88 | 83 | 70 | 86 | 100 | 113 |
| Total Liabilities | 359 | 425 | 490 | 604 | 754 | 1,104 | 1,205 |
| Fixed Assets | 73 | 73 | 74 | 91 | 105 | 154 | 206 |
| CWIP | 0 | 1 | 9 | 17 | 0 | 15 | 31 |
| Investments | 3 | 3 | 1 | 4 | 3 | 3 | 3 |
| Other Assets | 283 | 349 | 406 | 492 | 646 | 932 | 965 |
| Total Assets | 359 | 425 | 490 | 604 | 754 | 1,104 | 1,205 |
Cash Flow
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | 81 | −26 | 5 | 2 | 1 | −3 | −22 |
| Investing | −24 | −2 | −3 | −36 | −40 | −241 | 2 |
| Financing | −54 | 26 | −3 | 33 | 40 | 247 | 25 |
| Net Cash Flow | 3 | −3 | −1 | −1 | 0 | 3 | 4 |
| Free Cash Flow | 71 | −38 | −10 | −40 | −35 | −90 | −102 |
| CFO/OP | 122 | −15 | 30 | 28 | 15 | 21 | 16 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 83 | 77 | 87 | 114 | 131 | 139 |
| Inventory Days | — | — | 0 | — | — | — | — |
| Cash Conversion Cycle | 64 | 83 | 77 | 87 | 114 | 131 | 139 |
| Working Capital Days | 21 | 39 | 38 | 45 | 58 | 96 | 94 |
| ROCE % | — | 25% | 26% | 24% | 22% | 13% | 7% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Western Carriers insights
61 extracted metrics across FY20–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · May 2026Transcript PPT Recording
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025Transcript PPT
- Q1 FY26 concall · Aug 2025Transcript PPT
- 26 Sep 2025
- 25 Apr 2025
- 18 Mar 2025
- 4 Jul 2024
- 26 Apr 2024
- General announcements 9 Oct 2026
Frequently Asked Questions about Western Carriers (India)
What does Western Carriers (India) Ltd do?
Where is Western Carriers (India) Ltd (WCIL) listed?
Which sector does Western Carriers (India) Ltd belong to?
What is the PE ratio of Western Carriers (India) Ltd?
What is the 52-week high and low of Western Carriers (India) Ltd?
What is the Return on Equity (ROE) of Western Carriers (India) Ltd?
Company Information
Incorporated in 1972, Western Carriers (India) Ltd provides end-to-end supply chain management
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/WCIL.md for Western Carriers (India) Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.