Western Carriers

Why is Western Carriers (India) Ltd falling/rising?

As of 21-Jun, Western Carriers (India) Ltd's stock price has declined to Rs 101.89, reflecting a -2.56% change after five days of gains, indicating a potential market sentiment shift. The company has seen a -4.73% return over the past year and a significant drop in profitability, with a low return on equity and unfavorable recent financial results, suggesting ongoing challenges.

As of 21-Jun, Western Carriers (India) Ltd is experiencing a decline in its stock price, currently at Rs 101.89, which reflects a change of -2.68 (-2.56%). This drop follows a trend reversal after five consecutive days of gains, indicating a potential shift in market sentiment. The stock has underperformed its sector by 3.13% today, which may contribute to the negative momentum.<BR><BR>Additionally, the stock's performance over the past year shows a return of -4.73%, while profits have significantly decreased by 40%. This decline in profitability is coupled with weak long-term fundamental strength, evidenced by a -18.95% compound annual growth rate (CAGR) in operating profits over the last five years. The company's return on equity (ROE) averages only 6.17%, suggesting low profitability relative to shareholders' funds.<BR><BR>Furthermore, recent financial results have not been favorable, with a profit before tax (PBT) of Rs 7.99 crore falling by 27.9% compared to the previous four-quarter average, and a profit after tax (PAT) of Rs 8.26 crore declining by 26.0%. The return on capital employed (ROCE) has also reached a low of 6.52%, indicating challenges in generating returns from capital investments.<BR><BR>Despite some positive indicators, such as a very attractive valuation and increased investor participation, the overall negative financial performance and recent price movements suggest that the stock is currently in a downward trend.

Which are the latest news on Western Carriers?

Should I buy, sell or hold Western Carriers (India) Ltd?

What does Western Carriers do?

Western Carriers (India) Ltd is a micro-cap transport services company, incorporated in 2011 and publicly listed since 2013, with recent quarterly net sales of ₹496 Cr and a net profit of ₹8 Cr. Key financial metrics include a market cap of ₹964 Cr, a P/E ratio of 24.00, and a debt-to-equity ratio of 0.22.

Overview:<BR>Western Carriers (India) Ltd operates in the transport services industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated as Western Carriers (India) Private Limited in Kolkata, West Bengal on March 23, 2011. It later converted into a public limited company and changed its name to Western Carriers (India) Limited on February 28, 2013. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 496 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 8 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 964 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 24.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.22<BR>- Return on Equity: 4.48%<BR>- Price to Book: 1.10<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

How big is Western Carriers?

As of 10th June, Western Carriers (India) Ltd has a market capitalization of 964.00 Cr, with recent Net Sales of 1829.25 Cr and a Net Profit of 38.83 Cr.

As of 10th June, Western Carriers (India) Ltd has a market capitalization of 964.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Western Carriers reported Net Sales of 1829.25 Cr and a Net Profit of 38.83 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 828.08 Cr and Total Assets of 1,099.46 Cr.

Who are the peers of the Western Carriers?

Western Carriers' peers include Afcom Holdings, TCI Express, Navkar Corporation, Allcargo Logistics, Rel. Industrial Infrastructure, Ecos (India), Ritco Logistics, Sical Logistics, and Tejas Cargo. Afcom Holdings and Ecos (India) show excellent management and growth, while Western Carriers has a good capital structure and a 1-year return of -15.27%.

Peers: The peers of Western Carriers are Afcom Holdings, TCI Express, Navkar Corporat., Allcargo Logist., Rel. Indl. Infra, Ecos (India), Ritco Logistics, Sical Logistics, and Tejas Cargo.<BR><BR>Quality Snapshot: Excellent management risk is observed at Afcom Holdings and Ecos (India), while Good management risk is found at TCI Express. Average management risk is present at Allcargo Logist., Rel. Indl. Infra, and Ritco Logistics, and the rest have Below Average management risk. For growth, Excellent growth is noted at Afcom Holdings and Ecos (India), while Average growth is seen at Ritco Logistics and Tejas Cargo. Below Average growth is found at TCI Express, Navkar Corporat., Allcargo Logist., Rel. Indl. Infra, Sical Logistics, and Western Carriers. In terms of capital structure, Excellent capital structure is seen at Afcom Holdings, TCI Express, and Ecos (India), while Good capital structure is noted at Western Carriers. Average capital structure is present at Allcargo Logist. and Tejas Cargo, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Afcom Holdings at -10.21%, while the lowest is Allcargo Logist. at -76.41%. Western Carriers has a 1-year return of -15.27%, which is better than Allcargo Logist. but worse than Afcom Holdings. Additionally, several peers, including Ecos (India), Sical Logistics, and Ritco Logistics, have negative six-month returns.

Are Western Carriers (India) Ltd latest results good or bad?

Western Carriers (India) Ltd's latest Q4 FY26 results show a 15.67% revenue growth to ₹495.72 crores, but a concerning 41.34% decline in net profit to ₹8.26 crores, indicating operational challenges and negative market sentiment. Despite revenue growth, the significant drop in profitability raises serious concerns about the company's future outlook.

Western Carriers (India) Ltd's latest results for Q4 FY26 indicate a challenging performance. While the company achieved a notable revenue growth of 15.67% year-on-year, reaching ₹495.72 crores, this was overshadowed by a significant decline in net profit, which fell by 41.34% to ₹8.26 crores. This marks a concerning trend, as the profit has decreased sequentially by 23.73% from the previous quarter.<BR><BR>The company's profitability metrics also reflect difficulties, with the PAT margin dropping to 1.67%, the lowest in seven quarters, and a return on equity of just 5.55%, which is below average for the sector. Additionally, the operating profit margin contracted sharply, indicating worsening operational efficiency.<BR><BR>Market sentiment has turned negative, with the stock price declining recently, and institutional investors have reduced their holdings, signaling waning confidence in the company's prospects. Overall, the results suggest that while revenue growth is present, the inability to convert this into profit raises serious concerns about the company's operational health and future outlook.

When is the next results date for Western Carriers (India) Ltd?

The next results date for Western Carriers (India) Ltd is 16 May 2026.

The next results date for Western Carriers (India) Ltd is scheduled for 16 May 2026.

Is Western Carriers technically bullish or bearish?

As of December 1, 2025, Western Carriers shows a mildly bullish trend based on daily moving averages and weekly Dow Theory, though caution is advised due to bearish signals from the MACD and KST, along with a lack of strong momentum indicated by the RSI and Bollinger Bands.

As of 1 December 2025, the technical trend for Western Carriers has changed from mildly bearish to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD and KST are still mildly bearish, suggesting some caution. The Dow Theory on a weekly basis supports a mildly bullish outlook, but the absence of signals in the RSI and the sideways Bollinger Bands indicate a lack of strong momentum. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the weekly Dow Theory, despite some bearish indicators in the MACD and KST.

Is Western Carriers overvalued or undervalued?

As of November 18, 2025, Western Carriers is considered very expensive and overvalued, with a PE ratio of 26.17, an EV to EBIT of 19.93, and an EV to EBITDA of 14.26, showing mixed positioning compared to peers and a concerning PEG ratio of 0.00, alongside recent underperformance against the Sensex.

As of 18 November 2025, the valuation grade for Western Carriers has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently deemed overvalued. Key ratios include a PE ratio of 26.17, an EV to EBIT of 19.93, and an EV to EBITDA of 14.26, all of which suggest that the company's valuation is high compared to its earnings and cash flow generation capabilities.<BR><BR>In comparison to peers, Western Carriers' PE ratio is lower than Container Corporation's 30.39 but higher than Transport Corporation's 20.06, highlighting a mixed positioning within the industry. Additionally, the PEG ratio stands at 0.00, indicating no expected growth, which is concerning when compared to peers like Aegis Logistics, which has a PEG of 1.70. The stock has underperformed relative to the Sensex over the past week and month, with returns of -4.32% and -3.59%, respectively, further reinforcing the notion of overvaluation in light of its recent performance.

How has been the historical performance of Western Carriers?

Western Carriers experienced mixed financial performance from March 2024 to March 2025, with net sales rising to 1,725.72 Cr but a decline in profitability metrics, including profit after tax falling to 65.13 Cr and earnings per share decreasing to 6.39. Total assets increased significantly, but operational challenges led to negative cash flow from operating activities.

Answer:<BR>The historical performance of Western Carriers shows a mixed trend in financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Western Carriers reported net sales of 1,725.72 Cr, a slight increase from 1,685.77 Cr in the previous year. Total operating income also rose to 1,725.72 Cr from 1,685.77 Cr, while total expenditure increased from 1,539.71 Cr to 1,605.79 Cr. Operating profit (PBDIT) decreased to 133.14 Cr from 151.70 Cr, leading to a decline in profit before tax from 108.41 Cr to 87.84 Cr. Consequently, profit after tax fell to 65.13 Cr from 80.35 Cr, resulting in a decrease in earnings per share from 10.21 to 6.39. On the balance sheet, total assets grew significantly to 1,099.46 Cr from 750.36 Cr, with total liabilities also increasing from 750.36 Cr to 1,099.46 Cr. Cash flow from operating activities turned negative at -2.00 Cr, while cash flow from financing activities improved to 246.00 Cr, leading to a net cash inflow of 2.00 Cr by the end of March 2025. Overall, while sales and total assets have increased, profitability metrics indicate a decline, reflecting challenges in operational efficiency and cost management.

Who are the top shareholders of the Western Carriers?

The top shareholder of Western Carriers is Rajendra Sethia, holding 71.88%. Other notable shareholders include individual investors with 17.88%, Aditya Birla Sun Life Insurance with 3.99%, and mutual funds with a combined 3.4%.

The top shareholders of Western Carriers include Rajendra Sethia, who is the promoter with the highest holding at 71.88%. The company also has a significant individual investor base, holding 17.88% of shares. Among institutional investors, Aditya Birla Sun Life Insurance Company Limited stands out as the highest public shareholder with a 3.99% stake. Additionally, mutual funds hold a combined 3.4% through three schemes, while foreign institutional investors (FIIs) have a minor stake of 0.29% across four entities. There are no pledged promoter holdings reported.

Has Western Carriers declared dividend?

No Dividend History Available