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Earnings Call

Western Carriers (India) Earnings Call: Key Takeaways

Western Carriers (India) Ltd reported Q4 FY26 revenue of ₹496cr with resilient performance despite Middle East geopolitical disruptions. Management is pivoting from EXIM to domestic sectors to sustain volumes.

Highlights
Revenue growth4% QoQ in Q4 FY26 to ₹496cr.
MarginsEBITDA margin dipped to 5% due to external disruptions; expect recovery.
Order bookVery strong order book with pedigreed customers.
Demand visibilityStrong demand in domestic specialized containers; robust East Coast pipeline.
Management confidenceExtremely confident in long-term logistics sector growth and margin recovery.

Growth

FY26 revenue grew 4% QoQ; annual container volumes up 6.14% YoY to 2,26,578 boxes. Domestic containers up 8.16%.

Outlook

Planned FY27 capex of ₹100cr for specialized containers/equipment. Targeting debtor days below 120 and margin recovery.

Risks

Geopolitical crises (Strait of Hormuz) causing vessel delays, rising insurance/freight costs, and working capital intensity/rising debt.

Source

Earnings Call filed with NSE, NSE: WCIL. Summary written with AI assistance from the document.

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Western Carriers (India) Ltd: key numbers

Share price
₹94.77
Market cap
₹966.2 Cr
Revenue (annual)
₹1,829 Cr
Net profit (annual)
₹38.82 Cr
P/E (TTM)
26.3×Sector 29.0×
Promoter holding
73.03%+0.06% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Western Carriers (India) Ltd

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14:04 IST BSE
Promoter Buying

Western Carriers (India) Promoter Buying: ₹0.98 Cr

Promoter Rajendra Sethia purchased 1,00,000 equity shares of Western Carriers (India) Ltd from the market for ₹0.98 Crore, increasing his stake.

Value
₹0.98 Cr
Promoter stake change
+0.10%
13:57 IST NSE
Promoter Buying

Western Carriers (India) Promoter Buying

Promoter Rajendra Sethia acquired 1,00,000 shares (0.098% stake) of Western Carriers (India) Ltd via open market purchase.

Promoter stake change
+0.10%
18:21 IST NSE
Business Update

Western Carriers (India) Business Update

Western Carriers (India) Limited has commenced full commercial operations at its Gati Shakti Cargo Terminal in Morbi, Gujarat. This facility enhances the company's rail-linked logistics presence.

terminal area
42.0 acres
15:19 IST NSE
Capacity Expansion

Western Carriers (India) Capacity Expansion

WCIL inaugurated its General Cargo Terminal at Kolkata Dock System under a 15-year SMPA agreement. This marks its first east-coast logistics base with Phase I fully operational.

Execution
15 years
19:25 IST BSE
Other Announcement

Western Carriers (India) Other Announcement

Western Carriers (India) Ltd informed exchanges that letters were sent to members with unregistered email addresses, providing web-links to access the Annual Report and AGM Notice.

20:35 IST BSE
Annual Report

Western Carriers (India) Annual Report

Western Carriers (India) Ltd has submitted its Annual Report for the financial year 2025-26, along with the notice for its 15th Annual General Meeting.