Western Carriers (India) Faces Evaluation Shift Amid Mixed Financial Performance

Western Carriers (India), a microcap player in the transport services industry, has recently experienced an adjustment in its evaluation. This revision reflects a change in the company's quality grade, which has shifted from average to below average.
Key financial metrics indicate a mixed performance landscape for the company. Over the past five years, sales growth has been recorded at 2.80%, while EBIT growth has shown a decline of 4.94%. The company's EBIT to interest ratio stands at 4.30, suggesting a moderate ability to cover interest expenses. Additionally, the debt to EBITDA ratio is at 1.77, indicating a manageable level of debt relative to earnings before interest, taxes, depreciation, and amortization.

The net debt to equity ratio is reported at 0.00%, reflecting a lack of debt financing, while the sales to capital employed ratio is at 1.91. The tax ratio is noted at 26.14%, and institutional holding is at 6.40%. Return on capital employed (ROCE) averages 14.33%, and return on equity (ROE) is at 7.87%.

Overall, the adjustment in evaluation for Western Carriers (India) underscores the complexities of its financial standing and market position.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.