Western Carriers (India) financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹465cr+11.8% on Q1 FY26
Net profit
₹8.7cr−19.4% on Q1 FY26
EBITDA margin
4.0%−1.0 pts on Q1 FY26
EPS
₹0.85−19.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue465416+11.8%
EBITDA18.720.8−10.2%
EBITDA margin4.0%5.0%−1.0 pts
Profit before tax11.914.7−19.2%
Net profit8.710.8−19.4%
EPS₹0.85₹1.06−19.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹465 crNet profit₹8.7 crNet margin1.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025
919——
9.29.24.8
217217172
1,127——
1,8781,8291,726
—+6.0%—
82.985.0120
4.4%4.7%7.0%
53.756.796.1
36.738.865.1
2.0%2.1%3.8%
₹3.60₹3.81₹6.39
—−40.4%—
—−21.8−2.7
—−80.6−87.2
−102−102−89.9
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

WCIL₹90.15

Western Carriers (India) Limited

· Consumer Services
₹ CrorePeersRITCOTRELRIILSNOWMANGLOTTISNAVKARCORPALLCARGOMcap ₹919 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization——919.1
- Cash, Equiv & ST Investments4.89.29.2
+ Total Debt172.0217.2217.2
Enterprise Value——1,127.1
Revenue1,725.71,829.21,878.3
Growth %, YoY—+6.0—
EBITDA119.985.082.9
Margin %6.954.654.41
EBIT96.156.753.7
Net Income65.138.836.7
Margin %3.772.121.96
EPS, Adj (current shares)6.393.813.60
Growth %, YoY—-40.4—
Cash from Operations-2.7-21.8—
Capital Expenditures-87.2-80.6—
Free Cash Flow-89.9-102.4-102.4
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Western Carriers financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Western Carriers (NSE: WCIL) had a market capitalisation of ₹960 crore at the 30 October 2026 close (₹94.15 a share), a PE ratio of 26.1 on the last four quarters' profit and a price-to-book ratio of 1.11. In FY26 its consolidated net profit was ₹38.8 crore on revenue of ₹1,829 crore; in Q1 FY27 (April–June 2026) it was ₹8.7 crore, down 19.4% year on year. Its debt-to-equity ratio was 0.25 on 31 March 2026. Promoters held 73.30% of the shares on 30 September 2026.

Share price used
₹94.15 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Western Carriers at a glance · consolidated

Market cap
₹960 Crat ₹94.15 · 30 Oct close
PE ratio (last 4 quarters)
26.124.7 on FY26 profit
Price to book (PB)
1.11book value ₹85.03 a share
ROE (FY26)
4.6%ROCE 6.5%
Debt to equity
0.25net debt ₹179 Cr
Promoter holding
73.30%+0.3 pts vs 30 Jun 202630 September 2026
Net worth
₹867 Cr+4.7% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹102 Cr
EPS (FY26)
₹3.81

Questions

What is the Western Carriers PE ratio today?

Western Carriers' PE ratio is 26.1 at the 30 October 2026 close (₹94.15 a share): a market capitalisation of ₹960 crore divided by consolidated net profit of ₹36.7 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹38.8 crore) it is 24.7.

What is the Western Carriers debt to equity ratio?

Western Carriers' debt-to-equity ratio was 0.25 on 31 March 2026: borrowings of ₹217 crore against total equity of ₹867 crore. A year earlier, on 31 March 2025, it was 0.21.

What is the Western Carriers net worth?

Western Carriers' net worth — shareholders' equity in its consolidated balance sheet — was ₹867 crore on 31 March 2026, up 4.7% from ₹828 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹960 crore at the 30 October 2026 close.

What is the Western Carriers PB ratio (price to book value)?

Western Carriers' price-to-book (PB) ratio is 1.11 at the 30 October 2026 close: a market capitalisation of ₹960 crore divided by shareholders' equity (book value) of ₹867 crore on 31 March 2026. That is a book value of ₹85.03 per share against a share price of ₹94.15.

What is the Western Carriers ROE and ROCE?

In FY26, Western Carriers' return on equity (ROE) was 4.6% and its return on capital employed (ROCE) was 6.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Western Carriers book value per share?

Western Carriers' book value per share was ₹85.03 on 31 March 2026: shareholders' equity of ₹867 crore divided by the 10.2 crore shares in issue, up 4.7% from ₹81.22 a year earlier. The share price at the 30 October 2026 close was ₹94.15.

What is the Western Carriers market cap?

Western Carriers' market capitalisation was ₹960 crore at the 30 October 2026 close: 10.2 crore shares at ₹94.15 each.

Is Western Carriers debt free?

No. Western Carriers had borrowings of ₹217 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.25. Its cash and current investments were ₹38.5 crore, so its net debt was ₹179 crore.

What is the Western Carriers EPS?

Western Carriers' basic earnings per share (EPS) were ₹3.81 in FY26, against ₹7.16 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹3.60.

What is the Western Carriers promoter holding?

Promoters held 73.30% of Western Carriers on 30 September 2026, up 0.27 percentage points from 73.03% the previous quarter and up 0.74 percentage points from 72.56% a year earlier, according to the shareholding pattern filed with NSE.

What is the Western Carriers free cash flow?

In FY26, Western Carriers generated ₹21.8 crore of cash from operations and spent ₹80.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹102 crore. In FY25 it was −₹89.9 crore.

What is the Western Carriers revenue and profit in FY26?

In FY26 (April 2025–March 2026), Western Carriers' consolidated net profit was ₹38.8 crore, down 40.4% from ₹65.1 crore in FY25, on revenue from operations of ₹1,829 crore (up 6.0%).

What is the Western Carriers shareholding pattern?

On 30 September 2026, Western Carriers' shares were held by promoters 73.30%, foreign portfolio investors (FII/FPI) 0.03%, domestic institutions (DII) 4.50% (including mutual funds at 0.98%) and retail and other non-institutional investors 22.17%. Over the year, FII holding was down 0.58 percentage points from 0.61% and DII holding was down 1.29 percentage points from 5.79%.

How does the Western Carriers PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Western Carriers' PE ratio is 24.7, the second highest of the four: Ritco Logistics 21.1, Transindia Real Estate 15.8 and Reliance Industrial Infrastructure 81.7, a peer average of 39.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Western Carriers vs Ritco Logistics: how do they compare?

In FY26, Western Carriers earned net profit of ₹38.8 crore on revenue of ₹1,829 crore, against ₹36 crore on ₹1,499 crore for Ritco Logistics. Western Carriers' operating margin was 3.1% (Ritco Logistics 4.6%) and its return on equity 4.6% (Ritco Logistics 10.5%). At the 30 October 2026 close, Western Carriers' market capitalisation was ₹960 crore against ₹759 crore for Ritco Logistics, and its PE ratio on FY26 profit 24.7 against 21.1.

What are the Western Carriers latest quarterly results?

Western Carriers' latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit ₹8.7 crore, down 19.4% from ₹10.8 crore in Q1 FY26; revenue from operations ₹465 crore, up 11.8% year on year.

When are the Western Carriers next results?

Western Carriers has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

How does Western Carriers compare with its peers?

On FY26 consolidated figures, against Ritco Logistics, Transindia Real Estate and Reliance Industrial Infrastructure: Western Carriers' operating margin of 3.1% is the third highest of the four (Ritco Logistics 4.6%, Transindia Real Estate 33.6%, Reliance Industrial Infrastructure −20.1%; peer average 6.0%); its return on equity of 4.6% is the second highest of the four (Ritco Logistics 10.5%, Transindia Real Estate 2.9%, Reliance Industrial Infrastructure 2.7%; peer average 5.4%).

Where do these Western Carriers figures come from?

From Western Carriers' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.