Western Carriers (India) Key Ratios
NSE: WCIL | BSE: 544258
₹94.18
As on 05-Nov-2026IST
Market cap
₹960 Cr
Revenue (TTM)
₹1,878 Cr
P/E Ratio
26.2
P/B Ratio
1.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -6.22 | 11.80 | 9.28 | 3.85 | 10.50 |
| EBIT | -9.02 | -19.96 | -33.74 | -18.86 | -3.87 |
| Net Profit | 5.26 | -19.41 | -35.59 | -18.45 | -2.71 |
| EPS | 5.25 | -19.41 | -35.59 | -25.19 | -7.62 |
| Book Value | -- | -- | 4.70 | 28.09 | 27.78 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.38 | 5.79 | 2.86 | 3.12 | 5.61 |
| Net Margin
| 3.53 | 3.82 | 1.94 | 2.11 | 3.75 |
| Return on equity
| 12.54 | 17.88 | 4.28 | 4.58 | 10.62 |
| Return on Capital
| 14.00 | 18.44 | -- | 6.87 | 13.21 |
| Return on Assets
| 7.20 | 9.42 | 3.18 | 3.32 | 6.85 |
| Debt to Equity (x)
| -- | -- | 0.01 | 0.25 | 0.21 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
6.87
|
13.21
|
21.90
|
23.82
|
|
Peer Median
|
--
|
15.09
|
15.13
|
10.70
|
--
|
ROE
4.28
Lower than Peers by 1.99
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
4.28
|
4.58
|
10.62
|
22.42
|
24.86
|
|
Peer Median
|
6.27
|
11.14
|
10.96
|
6.62
|
--
|
ROA
3.18
Lower than Peers by 0.27
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
3.18
|
3.32
|
6.85
|
11.44
|
12.60
|
|
Peer Median
|
3.45
|
6.24
|
6.49
|
3.07
|
--
|
EBIT Margin
2.86
Lower than Peers by 0.29
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
2.86
|
3.12
|
5.61
|
7.41
|
6.54
|
|
Peer Median
|
3.14
|
10.35
|
5.89
|
5.32
|
--
|
Net Margin
1.94
Lower than Peers by 0.57
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
1.94
|
2.11
|
3.75
|
4.75
|
4.37
|
|
Peer Median
|
2.51
|
4.20
|
3.10
|
1.71
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
3.67
|
5.15
|
6.03
|
5.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
9.28
Higher than Peers by 1.40
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
9.28
|
6.00
|
2.37
|
3.23
|
11.03
|
|
Peer Median
|
7.87
|
27.37
|
14.78
|
-1.07
|
--
|
EBIT Growth
-33.74
Lower than Peers by 40.32
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
-33.74
|
-41.04
|
-22.55
|
16.99
|
15.24
|
|
Peer Median
|
6.58
|
422.83
|
48.59
|
-20.30
|
--
|
Net Profit Growth
-35.59
Lower than Peers by 46.02
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
-35.59
|
-40.40
|
-18.94
|
12.27
|
17.07
|
|
Peer Median
|
10.43
|
349.63
|
57.52
|
7.63
|
--
|
EPS Growth
-35.59
Lower than Peers by 41.30
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
-35.59
|
-40.40
|
-37.43
|
12.27
|
17.07
|
|
Peer Median
|
5.71
|
222.68
|
32.14
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
4.70
|
107.87
|
25.11
|
23.71
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.01
Lower than Peers by 0.05
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
0.01
|
0.25
|
0.21
|
0.67
|
0.66
|
|
Peer Median
|
0.06
|
0.29
|
0.43
|
0.58
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
0.23
|
0.15
|
0.55
|
0.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.60
Higher than Peers by 1.25
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
2.60
|
2.60
|
3.60
|
1.91
|
1.91
|
|
Peer Median
|
1.35
|
1.68
|
1.77
|
1.32
|
--
|
Quick Ratio
2.60
Higher than Peers by 1.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
2.60
|
2.60
|
3.60
|
1.91
|
1.91
|
|
Peer Median
|
1.33
|
2.65
|
2.35
|
1.39
|
--
|
Interest Coverage
3.83
Higher than Peers by 1.18
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
3.83
|
3.80
|
4.97
|
5.86
|
7.20
|
|
Peer Median
|
2.65
|
4.56
|
3.13
|
2.64
|
--
|
Operating Efficiency
Debtors to sales
37.01
Higher than Peers by 18.16
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
37.01
|
38.00
|
35.95
|
31.17
|
23.86
|
|
Peer Median
|
18.85
|
31.11
|
24.05
|
19.37
|
--
|
Asset Turnover
1.63
Higher than Peers by 0.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
1.63
|
1.56
|
1.82
|
2.40
|
2.88
|
|
Peer Median
|
1.58
|
2.86
|
2.16
|
1.58
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
131.26
|
121.18
|
99.07
|
78.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
26.15
Higher than Peers by 1.42
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
26.15
|
20.50
|
12.05
|
--
|
--
|
|
Peer Median
|
24.73
|
17.84
|
23.05
|
38.59
|
--
|
Price / Book Value
1.10
Lower than Peers by 0.50
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
1.10
|
0.92
|
0.95
|
--
|
--
|
|
Peer Median
|
1.60
|
1.99
|
2.28
|
2.34
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
11.77
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
11.77
|
9.75
|
5.73
|
1.83
|
1.81
|
|
Peer Median
|
--
|
17.85
|
15.37
|
23.86
|
--
|
Market Cap
960
No difference
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Western Carriers (India)
|
960
|
796
|
785
|
--
|
--
|
|
Peer Median
|
960
|
385
|
336
|
1,081
|
--
|