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Western Carriers (India) share price & results

Western Carriers (India) Limited· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

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.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue465 ₹ crore+11.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin4.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit8.7 ₹ crore−19.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity4.33 %−6.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-5.63 %−0.4 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)9.28 %+3.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 6 judged targets kept · 5 open · verdicts reflect calls analysed to Q1 FY27.

Western Carriers (India) Limited management guidance track record on Inve: 11 targets tracked across analysed earnings calls (0 achieved, 6 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
Employee Benefit ExpensesIt's more or less going to now stabilize at this level. It shouldn't increase more
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q1 FY27:No mention of employee expenses in the Q1 FY27 call or materials.
Call transcript, Q1 FY27 · 17 Aug 2026		Ghosted
EBITDA MarginThe EBITDA margins which are 4.6%, 4.7%, we hope to bring it back to where we were starting FY25 which is around almost 7% and even higher the year earlier.
Call transcript, Q4 FY26 · 18 May 2026		Q4 FY26Q1 FY27:Margin declined further to 4.1% from 5.0% in Q4 FY26, moving in the opposite direction of the target.
Call transcript, Q1 FY27 · 17 Aug 2026		At Risk
Metals vs Non-metals Revenue Mixgrowing towards a 50-50 mix going into the next two or three years
Call transcript, Q3 FY26 · 16 Feb 2026		Q3 FY26Q1 FY27:Domestic business now over 40% of revenue (up from <30%), reflecting a successful pivot that supports diversification away from the traditional mix.
Call transcript, Q1 FY27 · 17 Aug 2026		On Track

Source: Inve Guidance Tracker for Western Carriers (India) Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Western Carriers (India) Limited's 11 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 8 more targets are in the full ledger.

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Price

₹92.67 +1.84% · +₹1.67

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −27.9% 1Y

₹80₹100₹120Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q3 FY26 — 16 Feb 2026Q4 FY26 — 18 May 2026Q1 FY27 — 17 Aug 2026

1Y: ₹128.49 on 24 Oct 2025 → ₹92.67. High ₹135.36 (3 Nov 2025), low ₹77.87 (30 Mar 2026).

Previous close
₹91
Market cap
₹945 Cr
52-week range
₹77.87 – ₹135.36
One year
−25.76%
Price to earnings (TTM to Jun 2026)
25.73×
Return on equity (TTM to Jun 2026)
4.33%

Overview

Symbol
NSE:WCIL
Sector
Services
Exchange
NSE
Currency
INR

What Western Carriers (India) Limited does

Based on the company's own presentations, annual report and earnings calls.

Western Carriers is a multi-modal, rail-focused 4PL (fourth-party logistics) provider that transports EXIM and domestic containerized cargo across rail, road, water and air, and layers on value-added supply-chain services such as customs house agency (CHA) work, stevedoring, warehousing/stock management and project logistics. It runs an asset-light model, operating as the largest platinum business associate and largest railway associate partner of Container Corporation of India (Concor), while holding its own CHA/customs-broker licenses at major Indian ports. The company has recently commissioned its own multimodal cargo terminal (the Gati Shakti Multi Modal Cargo Terminal, or MMCT) at Devaliya near Morbi, Gujarat, to handle container and wagon-rake traffic directly.

Segments

  • Rail transport
  • Road transport
  • 3PL/4PL supply chain & value-added services
  • CHA / Stevedoring
  • Warehousing & stock management
  • Water & air freight
  • Project logistics
Branches & zonal offices
50+ branches, 4 zonal offices across 23 states
Leased warehouses
16, across 12 states
Rake handling points
55+
GPS-enabled owned trucks
500+
Handling equipment (incl. reach stackers)
100+ (incl. 34 reach stackers)
Owned shipping containers
850+
Founded 1972Headquarters Kolkata, West Bengal, India Company website

How the price took the results

close before → close after

Q1 FY27
+1.7%
17 Aug
Q4 FY26
−3.6%
18 May
Q3 FY26
+0.5%
16 Feb
Q2 FY26
−1.9%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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