Annual reportJul 2026
Jul 2026 · Shareholders meeting 16 Jul - Completed electronic dispatch of 9th AGM notice and FY2025-26 annual report on July 16, 2026.
Source: Nse
Iware Supplychain Services Ltd. (IWARE)
SME CapServices stocks · SME cap · NSE
Iware Supplychain Services Ltd. operates in Supply Chain, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹375
+4.65 · +1.26%
Market cap ₹411 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result13 May, 04:21 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
52NeutralSMA20 -15.3% / mo · MACD +
Stock trend: 52
Sector RS: —
Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
IWARED candles · FIT view+21.5%Latest close ₹375.00 on 2026-10-21
Bar
-3.4%
RSI
46
MACD hist
2.96
52W pos
59%
2026-10-21O ₹388.00H ₹388.00L ₹375.00C ₹375.00Vol 8,400 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
IWARENifty 500
- IWARE
- -21.7%
- Nifty 500
- -6.5%
- Vs Nifty 500
- -15.2 pp
Chart stats
21 Oct 2026- From 52W high
- -30.5%
- 52W range position
- 59%
- ATR (14)
- 4.3%
- Volume vs 20D
- 0.62x
- Avg traded value
- ₹0.5 Cr
- 20D price channel
- ₹334.5 - ₹408.7
₹539.4
₹137.8 - ₹539.4
₹16.2
Latest completed session
20-session average
34.1% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE47
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Neutral52
Price trend and sector-relative-strength timing.
Valuation
Legacy model-0.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence65
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹164 Cr | NDF | +76.3% |
| EBITDA | ₹17 Cr | NDF | +41.7% |
| Operating margin | 11.0% | NDF | -200 bps |
| PAT | ₹9 Cr | NDF | +50.0% |
| PAT margin | 5.5% | NDF | -96 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 28.60
- P/B
- 6.87
- EV/EBITDA
- 14.15
- Market Cap
- 411.00Cr
Profitability
- ROE
- 40.00%
- ROCE
- 28.00%
- ROA
- 9.38%
- Dividend Y
- 0.27%
Growth (CAGR)
- Revenue 5Y
- 69.00%
- EPS 5Y
- 68.00%
- Revenue 3Y
- 81.00%
- EPS 3Y
- 170.00%
Balance Sheet
- Debt/Equity
- 1.25
- Interest Coverage
- 5.80×
- Altman Z
- 5.10
- Book Value
- 52.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -20.00 Cr
- EPS TTM
- 14.05
Shareholding
- Promoter Hold
- 62.84%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 54%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 164+76.3% vs prev
Net Profit
₹ CrLatest: 9.0+50.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 46. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~18.1% over last month) — short-term momentum negative.
- RSI(14) at 46 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 30% off 52W high · 167% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
94
RS percentile
Stage 1 Base / Transition
1M return
-3.6%
3M return
-21.7%
6M return
+36.4%
1Y return
+111.8%
RS 1D
+1
RS 20D
-3
Sector rank
#11
Industry rank
#34
Stage evidence
- Price is within 0.5% of the 30-week proxy.
- The 30-week proxy changed +4.0% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price above
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
21 Oct 2026Value 306.74+2.20%
RS vs Nifty 500307
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · FAIR VALUEValuation0/30
Growth22/25
Quality19/20
Balance Sheet6/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-3
Raw sum
47
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
47/100 · legacy band FAIR VALUE
Positive drivers
- Quality contributes 19/20 to the score.
- Growth contributes 22/25 to the score.
- Balance sheet contributes 6/15 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Fair-value margin of safety is negative at -0.5%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
28.6
PB
6.9
EV/EBITDA
14.2
ROE
40.0%
ROCE
28.0%
FCF Yield
—
Debt/Equity
1.3
MoS
-0.5%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
47
Previous: 49 (-2)
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-0.5%
Previous: +0.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
51
51
51
53
51
51
51
51
49
49
49
49
Factor attribution
Valuation
0-2
was 2
Modelled fair value
Graham Number
₹128.21
-192.5% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹373.03
-0.5% MoS
PEG
0.26
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BMETRICS
SME
Bombay Metrics Supply Chain Ltd.
Logistics
match 79
18
28.3
8.2%
-7%
OVERVALUED
COMMITTED
SME
Committed Cargo Care Ltd.
Logistics
match 59
42
43.4
13.7%
+1%
WATCHLIST
OLIL
SME
Oneclick Logistics India Ltd.
Logistics
match 58
21
114.0
5.5%
-322%
OVERVALUED
SJLOGISTIC
SME
S J Logistics (India) Ltd.
Logistics
match 57
80
6.6
29.1%
+76%
DEEP VALUE
ASHWINI
SME
Ashwini Container Movers Ltd.
Logistics
match 57
60
17.6
25.1%
+35%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Iware Supplychain Services Ltd. operates in Supply Chain, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
65Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 50th percentile within Services. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
45th percentile
overall median 67 · Services: 50th pctile, median 66 · SME: 56th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
90
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
69
acceptable · leverage and solvency
Discipline
90
strong · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 69%.
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 63%.
- ▸ROCE is 28%.
Trust risks
- ▸Operating cash flow is negative at ₹-20 Cr.
- ▸Only 1 years of positive FCF.
- ▸Debt/equity is 1.25.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Iware Supplychain Services Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.