| Revenue growth | 12% YoY revenue growth to ₹465 Cr; domestic up 37%. |
|---|---|
| Margins | 4.1% EBITDA margin; pressured by sea-freight costs and Red Sea issues. |
| Demand visibility | Strong domestic visibility; EXIM visibility hampered by geopolitical instability. |
| Management confidence | Balanced optimism; defensive regarding working capital and pricing power. |
Growth
Domestic revenue surged 37% YoY, while EXIM remained muted at 3.2% due to Red Sea disruptions.
Outlook
Capex of ₹100 Cr planned for FY27; adding 150 specialized containers to capture domestic growth.
Risks
Ballooning working capital days (111-120 days) and high freight rates threaten profitability despite management's domestic pivot.
Last quarter's promises, checked
Delivered
- Guided FY26 Capex ~₹74 Cr → delivered >₹70 Cr (= BEAT)
- Guided FY26 overall volume growth → delivered 6.14% YoY (= BEAT)
Partly delivered
- Guided Debtor Days <120 → delivered 111-120 range (= PARTIAL)
Missed
- Guided EBITDA margin improvement → delivered 4.1% vs 5% prev (= MISS)
- Guided EXIM normalization → delivered 3.2% growth vs 14% trend (= MISS)
Earnings Call Transcript filed with NSE, NSE: WCIL. Summary written with AI assistance from the document.
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
All →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%
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%
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
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
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.
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.