AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Newspaper Advertisement regarding 15th Annual General Meeting to be held on Wednesday, September 30, 2026 at 12:30 P.M. (IST)
Source: Bse
Western Carriers (India) Limited (WCIL)
Small CapServices stocks · Small cap · NSE
Western Carriers (India) Limited operates in Logistics, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 06:20 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 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
50NeutralSMA20 +8.3% / mo · MACD −
Stock trend: 50
Sector RS: —
Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
WCILD candles · FIT view-8.2%Latest close ₹94.78 on 2026-10-21
Bar
+0.9%
RSI
53
MACD hist
-0.10
52W pos
30%
2026-10-21O ₹93.90H ₹95.80L ₹91.21C ₹94.78Vol 84,430 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
WCILNifty 500
- WCIL
- +2.7%
- Nifty 500
- -6.5%
- Vs Nifty 500
- +9.2 pp
Chart stats
21 Oct 2026- From 52W high
- -30.8%
- 52W range position
- 30%
- ATR (14)
- 3.9%
- Volume vs 20D
- 0.42x
- Avg traded value
- ₹1.8 Cr
- 20D price channel
- ₹87 - ₹100
₹137
₹77 - ₹137
₹3.7
Latest completed session
20-session average
38.0% 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
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED18
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +11.8% · PAT -19.5% YoY
Technical
Neutral50
Price trend and sector-relative-strength timing.
Valuation
Legacy model-348.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence56
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 30 Jun 2026
Bad · 0/100PAT -19% YoY · margin compression · Rev +12% YoY
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹464.9 Cr | +11.8% | -6.2% |
| EBITDA | ₹18.7 Cr | -10.2% | -12.8% |
| Operating margin | 4.0% | -98 bps | -30 bps |
| PAT | ₹8.7 Cr | -19.5% | +5.2% |
| PAT margin | 1.9% | -72 bps | +20 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 24.70
- P/B
- 1.05
- EV/EBITDA
- 10.13
- Market Cap
- 908.00Cr
Profitability
- ROE
- 4.58%
- ROCE
- 6.83%
- ROA
- 3.07%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 11.00%
- EPS 5Y
- -3.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- -18.00%
Balance Sheet
- Debt/Equity
- 0.26
- Interest Coverage
- 4.61×
- Altman Z
- 4.60
- Book Value
- 85.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- -22.00 Cr
- EPS TTM
- 3.60
Shareholding
- Promoter Hold
- 73.03%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 20%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 465-6.2% vs prev
Net Profit
₹ CrLatest: 8.7+5.2% 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 trend down. RSI 53. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~7.7% over last month) — short-term momentum positive.
- RSI(14) at 53 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 31% off 52W high · 23% 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
42
RS percentile
Stage 1 Base / Transition
1M return
-0.8%
3M return
+2.7%
6M return
-8.4%
1Y return
-26.5%
RS 1D
+1
RS 20D
+10
Sector rank
#11
Industry rank
#34
Stage evidence
- Price is within 0.8% of the 30-week proxy.
- The 30-week proxy changed -1.2% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price above
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 74.62+0.34%
RS vs Nifty 50075
Valuation & peers
U-Score 18 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 18 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth3/25
Quality0/20
Balance Sheet11/15
Cash Flow1/10
Piotroski
4/9 (+1)
Penalties
0
Raw sum
18
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
18/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 11/15 to the score.
- Growth contributes 3/25 to the score.
- Cash flow contributes 1/10 to the score.
Main drags
- Fair-value margin of safety is negative at -348.6%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 2/30; 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
24.7
PB
1.1
EV/EBITDA
10.1
ROE
4.6%
ROCE
6.8%
FCF Yield
—
Debt/Equity
0.3
MoS
-348.6%
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
18
Previous: 18
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-348.6%
Previous: -351.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
18
18
18
18
18
18
18
18
18
18
18
18
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹82.98
-14.2% MoS
Growth-justified P/E
5.9
Growth-justified Value
₹21.13
-348.6% MoS
PEG
—
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
ALLCARGO
Small
Allcargo Logistics Limited
Logistics
match 88
18
32.6
0.9%
-4232%
OVERVALUED
TEJASCARGO
SME
Tejas Cargo India Ltd.
Logistics
match 86
30
44.8
11.8%
-76%
OVERVALUED
NECCLTD
Small
North Eastern Carrying Corporation Limited
Logistics
match 86
24
25.5
2.1%
+7%
OVERVALUED
ASPINWALL
Small
Aspinwall and Company Limited
Logistics
match 85
28
15.7
3.8%
-12%
OVERVALUED
AVG
Small
AVG Logistics Limited
Logistics
match 85
51
25.6
10.2%
+59%
FAIR VALUE
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
Western Carriers (India) Limited operates in Logistics, 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 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
56Limited 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 18th percentile of the scored universe and 16th percentile within Services. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
26 docs text-extracted · 14 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
18th percentile
overall median 67 · Services: 16th pctile, median 66 · Small: 20th pctile, median 66
Evidence depth
Financial-only
26 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
Needs extra due diligence; demand valuation comfort and recent improvement.
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
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
30
weak · capital discipline
Results
47
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 73%.
- ▸Promoter pledge is zero.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸OPM spread across recent quarters is 4.4%.
Trust risks
- ▸Operating cash flow is negative at ₹-22 Cr.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 6.8%.
- ▸ROE is low at 4.6%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Western Carriers (India) Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Sep - Western Carriers to hold virtual Bharat Connect conference on 28 September 2026 at 10:00 a.m.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Sep - Western Carriers to meet analysts at Bharat Maritime Renaissance Investor Conference on 23 September 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Sep - On 15 Sep 2026, WCIL’s Morbi Gati Shakti Cargo Terminal began full commercial operations with bulk tiles train flag-off.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Sep - WCIL inaugurates Kolkata Dock GCT under 15-year SMPA agreement; Phase I operational, Phase II in 90 days.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug - Newspaper Publication for the Unaudited Financial Results of the Company for the quarter ended June 30, 2026
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 Aug - Western Carriers reported Q1 FY27 revenue of ₹465 crore, EBITDA ₹19 crore and PAT ₹9 crore.
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.