WCIL

OVERVALUED

Western Carriers (India) Limited

Others · NSE

47.7% vs fair value

52W Low

77

+28.0% from low

52W High

147

-33.1% from high

News sentiment
2 bull22 neu6 bear

Valuation Gauge

OVERVALUED-47.7% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹99

Fair Value

₹67

Fair Value Analysis

₹67

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | CAUTION: ROCE declining (latest 12.1%) — returns on capital are falling; verify this isn't a value trap.

Medium confidence

Balance Sheet Value

50% weight

₹90

Growth Valuation

50% weight

₹44

Price vs Market

WCIL
Nifty 50

Shareholding Pattern

Stock Health Score

B

Solid Fundamentals

5.6 / 10

Profitability

6/10

ROE of 5.3% is below the Others sector benchmark of 15%

Debt & Leverage

10/10

D/E ratio of 0.2x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 22.6x trades at a 43% discount to Others sector median (40x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-90 Cr — company is consuming more cash than it generates

Earnings Growth

4/10

5yr EPS CAGR of 2.1% is well below Others sector average of 12.0%

Dividend

4/10

No dividend — typical for growth-stage companies

Company Health Timeline

10-year financial health at a glance

FY20
FY21
FY22
FY23
FY24
FY25
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
83
63
88
75
63
50
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-23.7%

Free cash flow / market cap

Revenue Growth (YoY)

+7.9%

Year-on-year revenue change

Profit Growth (YoY)

-15.4%

Year-on-year PAT change

Operating Cash Flow

₹-3 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹4.4

P/E Ratio

22.7x

P/B Ratio

1.2x

ROE

5.3%

ROCE

12.6%

Debt / Equity

0.23x

Beta

Div Yield

FCF (Cr)

₹-90 Cr

Revenue (Cr)

₹1,726 Cr

EPS Growth 5Y

2.1%

Mkt Cap (Cr)

₹1,015 Cr

52W High

₹147.3

52W Low

₹77

Book Value/Share

₹81.6

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹1.8K Cr₹88 Cr5.0%₹45 Cr₹4.38
2025-03-31₹1.7K Cr₹121 Cr7.0%₹65 Cr₹6.39
2024-03-31₹1.7K Cr₹146 Cr9.0%₹80 Cr₹10.21
2023-03-31₹1.6K Cr₹122 Cr7.0%₹72 Cr₹9.09
2022-03-31₹1.5K Cr₹104 Cr7.0%₹61 Cr₹15.54
2021-03-31₹1.1K Cr₹81 Cr7.0%₹45 Cr₹11.32
2020-03-31₹1.1K Cr₹73 Cr7.0%₹36 Cr₹9.11

Compounded Growth Rates

Sales Growth

3Y+2.6%
5Y+9.7%
10Y

Profit Growth

3Y-14.5%
5Y+0.0%
10Y

EPS Growth

3Y-21.6%
5Y-17.3%
10Y

Peer Comparison

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HB Stockholdings Limited

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Balkrishna Paper Mills Limited

₹18.7₹80.6+76.8%3.126.1%UNDERVALUED

Heads UP Ventures Limited

₹7.1₹28.8+75.3%3.9UNDERVALUED

Credo Brands Marketing Limited

₹88.5₹305.8+71.1%10.916.4%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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