Asset-light B2B mobility platform (WTicabs) providing corporate car rental and employee transportation across India, Dubai and London.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 447 | +46.6% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 11.0 | 0.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 17.0 | +30.8% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | +0.9 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -3.75 | +9.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | +17.1 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Guidance
1 of 6 judged targets kept · 5 open · verdicts reflect calls analysed to Q4 FY26.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| CAGR Revenue Growth | 30-35% | Q4 FY25 | Consolidated revenues from operations increased 51% YoY to ₹826 crores in FY26, exceeding the target range. The guidance was also reiterated for coming years. | Achieved |
| PAT Margins | better | Q4 FY25 | PAT margin declined to 3.51% in FY26 from 4.20% in FY25, contrary to the promise of improvement. The decline was attributed to higher depreciation and finance costs. | Missed |
| Consolidated EBITDA Margin | 20% to 25% | Q4 FY26 | And EBITDA again, consolidated EBITDA should be somewhere around 20% to 25%. | New |
5 of Wise Travel'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.
Claimed
Qualified
Price
1Y: ₹157.25 on 24 Oct 2025 → ₹94.7. High ₹166.5 (17 Nov 2025), low ₹76.05 (30 Mar 2026).
Overview
Based on the company's own presentations, annual report and earnings calls.
Wise Travel India Ltd. (WTicabs) runs a technology-enabled, asset-light corporate mobility platform offering car rental, employee transportation, project/site commute and airport pickup-drop services to enterprises. It operates a mixed fleet of owned and vendor-operated vehicles managed through GPS/IoT tracking, app-based booking and route optimisation, serving corporate clients pan-India and, through wholly-owned subsidiaries, in Dubai (WTi Rent a Car LLC) and London (WTi Mobility UK Ltd).
Segments
close before → close after
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.
Guidance
1 of 6 judged targets kept · 5 open · verdicts reflect calls analysed to Q4 FY26.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| CAGR Revenue Growth | 30-35% | Q4 FY25 | Consolidated revenues from operations increased 51% YoY to ₹826 crores in FY26, exceeding the target range. The guidance was also reiterated for coming years. | Achieved |
| PAT Margins | better | Q4 FY25 | PAT margin declined to 3.51% in FY26 from 4.20% in FY25, contrary to the promise of improvement. The decline was attributed to higher depreciation and finance costs. | Missed |
| Consolidated EBITDA Margin | 20% to 25% | Q4 FY26 | And EBITDA again, consolidated EBITDA should be somewhere around 20% to 25%. | New |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 11 tracked commitments, with each call’s wording and source.
Call summaries
Wise Travel Q4 FY26
Wise Travel reported a strong FY26 with significant revenue and EBITDA growth, driven by fleet expansion and successful execution. Operating cash flows improved substantially, and the company continues its international expansion in Dubai. However, increased depreciation and finance costs, along with higher trade receivables, remain areas of focus.
Read the full callWise Travel Q4 FY25
Wise Travel India Limited reported robust revenue growth of 37.5% in FY25, reaching INR554 crores, driven by significant fleet expansion and new market entries including Dubai and London. While the company maintained its EBITDA margin at 11%, PBT growth was constrained by higher depreciation and finance costs associated with the gestation period of new projects. Management is focused on improving profitability, reducing receivable days, and expanding its global footprint, aiming for better PAT margins and operational efficiency in the coming years.
Read the full callEvery analysed call
Fundamentals
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Net profit, year on year: +31% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 190 | 221 | 244 | 305 | 380 | 447 |
| Expenses | 168 | 199 | 223 | 272 | 336 | 397 |
| Operating profit | 22 | 21 | 21 | 33 | 44 | 50 |
| Operating margin | 11.0% | 10.0% | 9.0% | 11.0% | 12.0% | 11.0% |
| Other income | 0 | 3 | 2 | 4 | 3 | 2 |
| Interest | 2 | 2 | 3 | 4 | 7 | 7 |
| Depreciation | 5 | 6 | 6 | 15 | 21 | 26 |
| Profit before tax | 15 | 16 | 14 | 17 | 19 | 19 |
| Tax rate | 24.0% | 27.0% | 27.0% | 24.0% | 26.0% | 11.0% |
| Net profit | 11 | 12 | 10 | 13 | 14 | 17 |
| EPS (₹ per share) | 6.53 | 4.99 | 4.33 | 5.48 | 5.93 | 7.21 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 24 | 24 | 24 | 24 |
| Reserves | 25 | 37 | 125 | 148 | 162 | 178 |
| Borrowings | 4 | 26 | 27 | 116 | 138 | 164 |
| Other liabilities | 28 | 51 | 67 | 92 | 130 | 133 |
| Total liabilities | 60 | 118 | 243 | 379 | 454 | 499 |
| Fixed assets | 12 | 21 | 23 | 111 | 147 | 148 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 9 | 13 | 13 |
| Other assets | 48 | 97 | 220 | 259 | 294 | 338 |
| Total assets | 60 | 118 | 243 | 379 | 454 | 499 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 12 | -3 | -8 | 14 | 0 | 52 |
| Cash from investing | -3 | -2 | -13 | -88 | -28 | -68 |
| Cash from financing | -4 | -3 | 24 | 83 | 45 | 30 |
| Net cash flow | 5 | -8 | 3 | 8 | 18 | 14 |
| Free cash flow | 9 | -5 | -21 | 3 | -72 | -31 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 115 | 115 | 87 | 76 | 95 | 94 |
| Cash conversion cycle | 115 | 115 | 87 | 76 | 95 | 94 |
| Working capital days | -63 | 17 | 10 | 14 | 26 | 29 |
| Return on capital employed | — | 17.0% | 31.0% | 27.0% | 16.0% | 16.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Promoters hold 69.25% as of Mar 2026; institutions cut 0.05 pts since Sept 2025.
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
The same filing shows 2 holders trimming and 3 off the list — both are in the register beside this.
Named in the Mar 2026 filing
Every holder of Wise Travel above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| 39.23% | +0.40 pp | |
| 18.82% | −0.78 pp | |
| 11.12% | −0.35 pp | |
| 1.29% | newly disclosed | |
| 0.03% | unchanged | |
| 0.03% | unchanged | |
| 0.02% | unchanged | |
| — | off the list | |
| — | off the list | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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Write why you follow Wise Travel and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
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