Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 4.14%
- Poor long term growth as Net Sales has grown by an annual rate of 5.90% and Operating profit at 8.08%
- The company has been able to generate a Return on Equity (avg) of 4.14% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 5.90% and Operating profit at 8.08%
3
With a growth in Net Sales of 3.49%, the company declared Very Positive results in Sep 25
4
With ROE of 4.88%, it has a attractive valuation with a 1.28 Price to Book Value
5
Below par performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-8.73%
0%
-8.73%
6 Months
-15.18%
0%
-15.18%
1 Year
-5.38%
0%
-5.38%
2 Years
-0.41%
0%
-0.41%
3 Years
5.41%
0%
5.41%
4 Years
19.17%
0%
19.17%
5 Years
-12.29%
0%
-12.29%
Western Securities Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
5.90%
EBIT Growth (5y)
8.08%
EBIT to Interest (avg)
2.85
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
18.07%
Dividend Payout Ratio
31.85%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.22%
ROE (avg)
4.14%
Valuation key factors
Factor
Value
P/E Ratio
26
Industry P/E
Price to Book Value
1.28
EV to EBIT
11.49
EV to EBITDA
10.48
EV to Capital Employed
1.35
EV to Sales
5.21
PEG Ratio
1.36
Dividend Yield
1.20%
ROCE (Latest)
11.75%
ROE (Latest)
4.88%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
1,880.70
1,945.60
-3.34%
Operating Profit (PBDIT) excl Other Income
377.80
647.50
-41.65%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
289.10
547.60
-47.21%
Operating Profit Margin (Excl OI)
200.90%
291.80%
-9.09%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -3.34% vs 2.55% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -47.21% vs 17.33% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
6,419.60
5,995.10
7.08%
Operating Profit (PBDIT) excl Other Income
3,364.80
2,980.00
12.91%
Interest
837.70
1,004.00
-16.56%
Exceptional Items
0.20
0.10
100.00%
Consolidate Net Profit
1,813.00
1,428.10
26.95%
Operating Profit Margin (Excl OI)
478.70%
453.40%
2.53%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 7.08% vs -27.28% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 26.95% vs 19.23% in Dec 2024
About Western Securities Co., Ltd. 
Western Securities Co., Ltd.
Capital Markets
No Details Available.
Company Coordinates 
No Company Details Available






