Why is Western Carriers (India) Ltd ?
1
Weak Long Term Fundamental Strength with a -18.95% CAGR growth in Operating Profits over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 6.17% signifying low profitability per unit of shareholders funds
2
Negative results in Mar 26
- PBT LESS OI(Q) At Rs 7.99 cr has Fallen at -27.9% (vs previous 4Q average)
- PAT(Q) At Rs 8.26 cr has Fallen at -26.0% (vs previous 4Q average)
- ROCE(HY) Lowest at 6.52%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Transport Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Western Carriers for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Western Carriers
14.42%
0.35
41.64%
Sensex
-8.36%
-0.64
13.04%
Quality key factors
Factor
Value
Sales Growth (5y)
3.90%
EBIT Growth (5y)
-18.95%
EBIT to Interest (avg)
4.39
Debt to EBITDA (avg)
1.91
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
1.81
Tax Ratio
26.41%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.79%
ROCE (avg)
11.88%
ROE (avg)
6.17%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
33
Price to Book Value
1.15
EV to EBIT
20.88
EV to EBITDA
13.92
EV to Capital Employed
1.12
EV to Sales
0.65
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.38%
ROE (Latest)
4.48%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
1What is working for the Company
NET SALES(Q)
Highest at Rs 495.72 cr
-20What is not working for the Company
PBT LESS OI(Q)
At Rs 7.99 cr has Fallen at -27.9% (vs previous 4Q average
PAT(Q)
At Rs 8.26 cr has Fallen at -26.0% (vs previous 4Q average
ROCE(HY)
Lowest at 6.52%
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.63 times
OPERATING PROFIT TO INTEREST (Q)
Lowest at 4.08 times
INTEREST(Q)
Highest at Rs 5.25 cr
EPS(Q)
Lowest at Rs 0.81
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Here's what is working for Western Carriers
Net Sales - Quarterly
Highest at Rs 495.72 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Western Carriers
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.99 cr has Fallen at -27.9% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 11.08 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 8.26 cr has Fallen at -26.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 11.16 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Quarterly
At Rs 5.25 cr has Grown at 26.81%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit to Interest - Quarterly
Lowest at 4.08 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Debtors Turnover Ratio- Half Yearly
Lowest at 2.63 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Interest - Quarterly
Highest at Rs 5.25 cr
in the last five quarters and Increased by 26.81 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.81
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






