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    Western Carriers (India) Limited

    Kolkata-based, rail-focused 4PL logistics company moving EXIM and domestic containerized cargo by rail, road, water and air, with CHA/stevedoring, warehousing and project-logistics services layered on top.

    Services
    Services
    View WCIL earnings calls

    Overview

    Price

    Market Cap

    ₹917 Cr

    Sector

    Services

    Services

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3939393939515151
    Reserves112157218279359777796816
    Borrowings102141150215269176193226
    Other Liabilities10588837086100113113
    Total Liabilities3594254906047541.1k1.2k1.2k
    AssetsFixed Assets73737491105154178206
    CWIP019170152131
    Investments33143333
    Other Assets283349406492646932950965
    Total Assets3594254906047541.1k1.2k1.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating81-26521-3-22
    Cash from Investing-24-2-3-36-40-2412
    Cash from Financing-5426-3334024725
    SummaryCapital Expenditure
    Free Cash Flow71-38-10-40-35-90-102
    FCF Margin

    Valuation

    Assumptions

    Current — WCIL
    Price
    ₹102
    EPS (TTM)
    ₹3.81
    PE (TTM)
    26.9
    Profit growth
    -30.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (20.4×) and current (26.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹102
    vs
    Fair value · 15% return
    ₹4
    96%Overvalued

    At -30.5% growth and a 20× exit, ₹102 only delivers your return if you pay ₹4. The price is currently baking in 24% growth.

    EPS grows -30.5%/yr for 5 years, then fades to 6% over 2, exits at 20×.

    YearGrowthEPS (₹)
    FY27-30.5%2.65
    FY28-30.5%1.84
    FY29-30.5%1.28
    FY30-30.5%0.89
    FY31-30.5%0.62
    FY32-12.3% ·fade0.54
    FY336.0% ·fade0.57

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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