Western Carriers (India) Limited

BSE: WCIL544258ISIN INE0CJF01024

Services
Logistics Solution Provider
BSE Services

Share price

₹92.77+1.49 (+1.63%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹136.80
52W low: ₹76.95
Off 52W high: -32.19%
1M return: +5.09%
3M return: +1.78%
6M return: -13.54%
1Y return: -30.27%
20D avg volume: 12,269
50 DMA: ₹91.28
200 DMA: ₹97.74

Key ratios Consolidated

Market cap: ₹945.84 Cr
Current price: ₹92.77
52W high / low: ₹136.80 / ₹76.95
Face value: ₹5.00
P/E: 25.76
P/B: 1.09
EPS (TTM): ₹3.60
Book value / share: ₹85.03
ROE: —
ROCE: 8.00%
Operating margin: —
Net margin: —
Debt / equity: 0.25
Net debt: ₹207.95 Cr
Interest cover: 3.86
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 122.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	464.88	495.72	478.09	439.62	415.82	428.58	443.00	431.43	422.71	—
	3.51	3.26	2.76	4.36	4.17	4.85	5.10	1.88	1.37	—
	468.39	498.98	480.85	443.98	419.99	433.43	448.10	433.31	424.08	—
	456.52	487.73	466.19	431.82	405.30	414.46	430.29	407.78	398.56	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	16.37	15.53	15.61	15.53	14.67	14.10	13.76	11.09	12.14	—
	3.69	5.25	4.14	4.53	4.53	4.21	4.51	6.72	6.08	—
	6.63	8.19	7.89	6.50	5.74	6.62	6.18	5.77	5.23	—
	429.83	458.75	438.55	405.26	380.35	389.54	17.36	16.96	13.75	—
	11.87	11.25	14.65	12.16	14.69	18.97	17.81	25.53	25.52	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	11.87	11.25	14.65	12.16	14.69	18.97	17.81	25.53	25.52	—
	3.18	2.99	3.82	3.21	3.91	4.89	4.62	6.57	6.62	—
	8.69	8.26	10.83	8.95	10.79	14.08	13.20	18.96	18.90	—
	0.85	0.81	1.06	0.88	1.06	1.32	1.11	2.33	2.40	—
Key metrics
	22.19	24.69	26.68	23.19	24.96	29.80	28.50	38.02	36.83	—
	4.80%	5.00%	5.60%	5.30%	6.00%	7.00%	6.40%	8.80%	8.70%	—
	1.90%	1.70%	2.30%	2.00%	2.60%	3.30%	3.00%	4.40%	4.50%	—
	—	1.90%	—	1.90%	—	2.70%	—	—	—	—
	11.80%	15.70%	7.90%	1.90%	-1.60%	—	—	—	—	—
	-19.50%	-41.30%	-18.00%	-52.80%	-42.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,878	1,829	1,726	—
	13.89	14.55	13.21	—
	1,892	1,844	1,739	—
	1,842	1,791	1,651	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	63.04	61.35	53.09	—
	17.61	18.45	21.51	—
	29.21	28.32	23.79	—
	1,732	1,683	1,553	—
	49.93	52.75	87.83	—
	0.00	0.00	0.00	—
	49.93	52.75	87.83	—
	13.20	13.94	22.70	—
	36.73	38.82	65.13	—
	3.60	3.81	7.16	—
Key metrics
	96.75	99.52	133.13	—
	5.15%	5.40%	7.70%	—
	1.96%	2.10%	3.80%	—
	—	8.00%	12.80%	—
	9.28%	6.00%	—	—
	-35.60%	-40.40%	—	—
	—	-102.35	-89.91	—
	—	-0.56	-0.04	—
	—	0.25	0.21	—
	—	207.95	167.16	—
	—	122.2	114.4	—
Balance sheet
	—	1,205	1,104	—
	—	827.59	889.89	—
	—	9.22	4.85	—
	—	695.18	620.42	—
	—	0.00	0.00	—
	—	53.16	44.97	—
	—	167.13	119.07	—
	—	82.79	79.62	—
	—	317.97	247.36	—
	—	217.17	172.01	—
	—	210.75	153.34	—
	—	6.42	18.67	—
	—	866.97	828.08	—
Cash flow
	—	-21.76	-2.69	—
	—	1.56	-241.31	—
	—	24.58	246.98	—
	—	80.59	87.22	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	464.88	495.72	478.09	439.62	415.82	428.58	443.00	431.43	422.71	—
	3.51	3.26	2.76	4.36	4.17	4.85	5.10	1.88	1.37	—
	468.39	498.98	480.85	443.98	419.99	433.43	448.10	433.31	424.08	—
	456.52	487.73	466.19	431.82	405.30	414.46	430.29	407.78	398.56	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	16.37	15.53	15.61	15.53	14.67	14.10	13.76	11.09	12.14	—
	3.69	5.25	4.14	4.53	4.53	4.21	4.51	6.72	6.08	—
	6.63	8.19	7.89	6.50	5.74	6.62	6.18	5.77	5.23	—
	429.83	458.75	438.55	405.26	380.35	389.54	17.36	16.96	13.75	—
	11.87	11.25	14.65	12.16	14.69	18.97	17.81	25.53	25.52	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	11.87	11.25	14.65	12.16	14.69	18.97	17.81	25.53	25.52	—
	3.18	2.99	3.82	3.21	3.91	4.89	4.62	6.57	6.62	—
	8.69	8.26	10.83	8.95	10.78	14.08	13.20	18.95	18.90	—
	0.85	0.81	1.06	0.88	1.06	1.32	1.11	2.33	2.40	—
Key metrics
	22.19	24.69	26.68	23.19	24.96	29.80	28.50	38.02	36.83	—
	4.80%	5.00%	5.60%	5.30%	6.00%	7.00%	6.40%	8.80%	8.70%	—
	1.90%	1.70%	2.30%	2.00%	2.60%	3.30%	3.00%	4.40%	4.50%	—
	—	1.90%	—	1.90%	—	2.70%	—	—	—	—
	11.80%	15.70%	7.90%	1.90%	-1.60%	—	—	—	—	—
	-19.40%	-41.30%	-18.00%	-52.80%	-43.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,878	1,829	1,726	—
	13.89	14.55	13.21	—
	1,892	1,844	1,739	—
	1,842	1,791	1,651	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	63.04	61.35	53.09	—
	17.61	18.45	21.51	—
	29.21	28.32	23.79	—
	1,732	1,683	1,553	—
	49.93	52.75	87.83	—
	0.00	0.00	0.00	—
	49.93	52.75	87.83	—
	13.20	13.94	22.70	—
	36.73	38.82	65.13	—
	3.60	3.81	7.16	—
Key metrics
	96.75	99.52	133.13	—
	5.15%	5.40%	7.70%	—
	1.96%	2.10%	3.80%	—
	—	8.00%	12.80%	—
	9.28%	6.00%	—	—
	-35.57%	-40.40%	—	—
	—	-102.35	-89.91	—
	—	-0.56	-0.04	—
	—	0.25	0.21	—
	—	207.95	167.16	—
	—	122.2	114.4	—
Balance sheet
	—	1,205	1,104	—
	—	827.59	889.89	—
	—	9.22	4.85	—
	—	695.18	620.42	—
	—	0.00	0.00	—
	—	53.16	44.97	—
	—	167.13	119.07	—
	—	82.79	79.62	—
	—	317.97	247.36	—
	—	217.17	172.01	—
	—	210.75	153.34	—
	—	6.42	18.67	—
	—	867.02	828.13	—
Cash flow
	—	-21.76	-2.69	—
	—	1.56	-241.31	—
	—	24.58	246.98	—
	—	80.59	87.22	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +9.28%
Profit YoY (TTM): -35.57%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +9.28%
Profit YoY (TTM): -35.60%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 73.30%

Quarter	September 2026	June 2026
Promoter %	73.30%	73.02%

Holder	Type	Holding	Previous	Change
Rajendra Sethia	Promoter	73.10%	72.82%	+0.28%
Aditya Birla Sun Life Insurance Company Limited	Public	3.52%	3.77%	-0.25%
Kanishka Sethia	Promoter	0.20%	0.20%	0.00%
Shimmer	Promoter Group	0.00%	0.00%	0.00%
Gipsy Management Private Limited	Promoter Group	0.00%	0.00%	0.00%
Western Dry Ports Private Limited	Promoter Group	0.00%	0.00%	0.00%
Ankur Dhadda HUF	Promoter Group	0.00%	0.00%	0.00%
Disha Maheshwari	Promoter Group	0.00%	0.00%	0.00%
Rajendra Sethia HUF	Promoter Group	0.00%	0.00%	0.00%
Rajendra Sethia Family Trust - Trustee Rajendra Sethia	Promoter Group	0.00%	0.00%	0.00%
Western Sparefoot Private Limited	Promoter Group	0.00%	0.00%	0.00%
Meha Raina	Promoter Group	0.00%	0.00%	0.00%
AJKR Infrastructure Limited	Promoter Group	0.00%	0.00%	0.00%
Akanksha Shah	Promoter Group	0.00%	0.00%	0.00%
Magmet Alloys Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Container Corporation Of India Ltd.	32,445	426.00	26.57	12.20%	+1.16% TTM	-7.03% TTM	-21.45%
Delhivery Limited	31,323	417.90	169.69	2.60%	+23.65% TTM	+33.62% TTM	-13.83%
SHADOWFAX TECHNOLOGIES LIMITED	16,398	279.35	73.18	6.70%	—	—	—
Blue Dart Express Ltd.	10,518	4,432.85	36.64	16.90%	+9.23% TTM	+15.83% TTM	-30.46%
Transport Corporation of India Ltd	6,635	863.60	14.31	15.20%	+11.54% TTM	+5.91% TTM	-26.87%
VRL Logistics Limited S	5,759	329.20	21.54	18.80%	—	—	+21.45%
TVS Supply Chain Solutions Limited	5,149	116.70	75.35	9.30%	+16.89% TTM	+26.44% TTM	-9.92%
Mahindra Logistics Limited	4,139	416.90	48.65	6.40%	+20.30% TTM	+380.30% TTM	+21.35%
Afcom Holdings Limited S	3,651	1,262.75	43.17	24.40%	—	—	+51.50%
Gateway Distriparks Limited	2,319	46.41	9.64	11.00%	+8.19% TTM	-38.77% TTM	-26.84%
TCI Express Limited	1,929	501.80	23.39	12.60%	+5.16% TTM	-0.59% TTM	-27.07%
SKYWAYS AIR SERVICES LIMITED	1,527	105.09	—	—	+25.14% FY26	+31.95% FY26	—
Allcargo Logistics Ltd	1,445	9.65	27.80	6.00%	-82.83% TTM	+156.50% TTM	—
Navkar Corporation Limited S	1,227	81.52	25.88	3.10%	+49.84% TTM	+304.97% TTM	-28.93%
Allcargo Global Limited	1,156	11.76	—	—	—	—	—
Reliance Industrial Infrastructure	1,061	702.35	89.35	2.90%	-23.65% TTM	-1.90% TTM	-21.09%
Western Carriers (India) Limited	946	92.77	25.76	8.00%	+9.28% TTM	-35.60% TTM	-30.27%
Shree Vasu Logistics Limited	851	740.00	—	—	—	—	—
Ritco Logistics Limited	774	270.25	29.67	15.70%	—	—	+5.94%
Sical Logistics Limited	616	77.25	8.38	17.40%	+51.67% TTM	+755.17% TTM	—
Transindia Real Estate Limited	600	24.43	14.64	3.60%	-0.32% TTM	-25.95% TTM	-19.69%
SNOWMAN LOGISTICS LIMITED S	563	33.69	61.25	3.50%	+6.82% TTM	+214.38% TTM	-30.75%
Glottis Limited	522	56.45	—	18.80%	—	—	-22.31%
PARADEEP PARIVAHAN LIMITED	492	308.90	—	27.30%	—	—	+109.99%
Lancer Container Lines Limited	413	11.11	26.67	1.80%	-33.61% TTM	+190.69% TTM	-38.69%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Pursuant to the requirement under Reg 74(5) of the SEBI (DP) Regulations, 2018, we are enclosing herewith a confirmation certificate dated October 03, 2026 issued by MUFG Intime India Private ....9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Submission Scrutinizer''s Report and Voting Results30 Sep 2026 · AGM/EGM / AGM
Proceedings of the 15th Annual General Meeting held on September 30, 2026 at 12:30 PM30 Sep 2026 · AGM/EGM / AGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Sethia30 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Mr. Rajendra Sethia, Promoter, Chairman and Managing Director of the Company has acquired the equity shares of the company from the open market.29 Sep 2026 · Company Update / General
Intimation regarding Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the officials of Western Carriers (India) Ltd ('the ....23 Sep 2026 · Company Update / Analyst / Investor Meet
Mr. Rajendra Sethia, Promoter, Chairman and Managing Director of the Company has acquired the Equity shares of the Company from open market.22 Sep 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Sethia22 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Sethia21 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Mr. Rajendra Sethia, Promoter, Chairman and Managing Director of the Company has acquired the equity shares of the Company from Open Market.19 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the officials of Western Carriers (India) Ltd ('the ....18 Sep 2026 · Company Update / Analyst / Investor Meet
Press Release - Intimation of flagging off of Bulk tiles train from Western Carriers (India) Limited''s Gati Shakti Cargo Terminal at Devaliya in Morbi, Gujarat by Hon''ble Railway Minister ....15 Sep 2026 · Company Update / Press Release / Media Release
Press Release- Western Carriers Inaugurates General Cargo Terminal at GCD Yard, Kolkata, Marks Entry into Eastern India Port Infrastructure11 Sep 2026 · Company Update / Press Release / Media Release
The Company has issued the letters to those members whose email addresses are not registered with the Company/RTA/DPs, providing the weblink of the Annual Report FY 2025-26.9 Sep 2026 · Company Update / General
Newspaper Advertisement regarding 15th Annual General Meeting to be held on Wednesday, September 30, 2026 at 12:30 P.M. (IST)9 Sep 2026 · Company Update / Newspaper Publication
Annual Report for the Financial Year 2025-268 Sep 2026 · Others / Reg. 34 (1) Annual Report
15th Annual General Meeting schedule to be held on Wednesday, September 30, 2026 at 12:30 P.M. (IST)8 Sep 2026 · AGM/EGM / AGM
Intimation of Development and Operation of General Cargo Terminal at Kolkata Dock System, Syamaprasad Mookerjee Port Authority1 Sep 2026 · Company Update / Press Release / Media Release
Newspaper Publication- Disclosure under Reg 30 and Reg 47 of SEBI (LODR) Reg 201530 Aug 2026 · Company Update / Newspaper Publication
Appointment of Internal Auditor for the Financial Year 2026-2729 Aug 2026 · Company Update / General
The Board of Directors of the Company, at its meeting held today i.e. Saturday, August 29, 2026 has inter alia considered and approved the following: 1. Board's Report of the Company ....29 Aug 2026 · Others / Outcome without intimation
Transcript of the Earnings Conference Call held on Monday, August 17, 2026 at 12:30 P.M. (IST)22 Aug 2026 · Company Update / Earnings Call Transcript
The link for the Audio Recording of the Earnings Conference Call on Operational and Financial Performance of the Company for the quarter ended June 30, 2026 conducted today i.e., on Monday, ....17 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication for the Unaudited Financial Results of the Company for the quarter ended June 30, 202615 Aug 2026 · Company Update / Newspaper Publication
Press Release on the unaudited financial results of the Company under Reg 30 of SEBI (LODR) Reg, 2015 for the quarter ended June, 202614 Aug 2026 · Company Update / Press Release / Media Release
Investor Presentation on the Unaudited Financial Results of the Company for the quarter ended June 30, 202614 Aug 2026 · Company Update / Investor Presentation
Statement of Deviation(s) or Variation(s) of funds for the quarter ended June 30, 202614 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.14 Aug 2026 · Result / Financial Results
we would like to inform you that the Board of Directors of the Company, at its meeting held today i.e. Friday, August 14, 2026 has inter alia: Considered and approved the Unaudited (Standalone ....14 Aug 2026 · Board Meeting / Outcome of Board Meeting
In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 ('SEBI Listing Regulations'), we would like to inform that the Earnings Conference ....8 Aug 2026 · Company Update / Analyst / Investor Meet
Monitoring Agency Report for the quarter ended June 30, 20268 Aug 2026 · Company Update / Monitoring Agency Report
Western Carriers (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve and take on record ....8 Aug 2026 · Board Meeting / Board Meeting
Pursuant to the requirement under Reg 74(5) of the SEBI (DP) Regulation, 2018, we are enclosing herewith the confirmation certificate dated July 01, 2026 issued by MUFG Intime India Private ....9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Sethia1 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Mr. Rajendra Sethia, Promoter and Chairman and Managing Director of the Company has acquired the equity shares of the Company from open market.30 Jun 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Sethia27 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Intimation regarding closure of Trading window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Mr. Rajendra Sethia, Promoter and Chairman and Managing Director of the Company has acquired equity shares of the company from open market.25 Jun 2026 · Company Update / General
Mr. Rajendra Sethia, Promoter, Chairman and Managing Director of the Company has acquired equity shares of the Company from open market.17 Jun 2026 · Company Update / General

Board meetings

14 Aug 2026 Board Meeting - Financial Results