Western Carriers (India) Ltd

544258 Momentum

Summary

Fair Value Assessment
Momentum
Undervalued (32% Discount)
Fair ValueQ120.25UncertaintyHigh
Close Price81.72Mar 25, 2025
80.19
Price Down by 1.53 | 1.87 %
Previous Close
81.72
Day Range
80.00 – 82.68
Year Range
79.20 – 177.00
Bid / Ask
80.14 × 80.29
Market Cap
8.2 Bil
Volume / Average
25.4 k / 33.0 k
Beta
Shares Outstanding
101.96 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Western Carriers (India) Ltd is a private, multi-modal, rail focused, 4PL asset-light logistics company. It has experience in road, rail and sea / river multi-modal movement for domestic as well as EXIM cargo in and out of India. It is engaged in providing logistics and allied services to various customers in India and is a logistics service provider.
Contact
2/6 Sarat Bose Road 2nd Floor, Kolkata, WB 700020
T +91 3324858519
www.western-carriers.com opens in a new tab
Sector
Industrials
Industry
Integrated Freight & Logistics
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
1,427

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
16.99 16.86 16.33 14.71 11.10 10.67
Revenue Growth %
-0.67% 3.23% 11.03% 32.50% 4.01%
Gross Profit
1.49 1.50 1.27 1.11 0.82 0.73
Gross Profit Margin %
8.77% 8.91% 7.77% 7.56% 7.38% 6.83%
Operating Income
1.16 1.25 1.07 0.95 0.69 0.60
Operating Margin %
6.82% 7.41% 6.55% 6.46% 6.26% 5.60%
EBIT
1.20 1.24 1.07 0.93 0.70 0.62
EBIT Margin %
7.04% 7.38% 6.58% 6.32% 6.32% 5.78%
EBITDA
1.43 1.46 1.23 1.05 0.82 0.75
EBITDA Margin %
8.39% 8.64% 7.51% 7.11% 7.36% 7.05%
Net Income
0.75 0.80 0.72 0.61 0.45 0.36
Net Profit Margin %
4.43% 4.77% 4.38% 4.16% 4.01% 3.36%
Basic EPS
8.21 7.88 7.02 6.00 4.37 3.52
Diluted EPS
8.21 7.88 7.02 6.00 4.37 3.52
Normalized EPS
Total Dividends per Share
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
12.06 7.54 6.04 4.90 4.25 3.59
Total Liabilities
3.70 3.56 2.86 2.33 2.29 2.06
Total Debt
2.90 2.69 2.15 1.55 1.31 0.91
Total Equity
8.36 3.98 3.19 2.58 1.97 1.52
Cash And Cash Equivalents
0.29 0.02 0.01 0.03 0.03 0.06
Working Capital
3.64 2.95 2.21 1.65 1.28 0.70
Shares Outstanding (Bil)
0.10 0.10
Book Value Per Share
Total Debt To Equity
0.35 0.68 0.68 0.60 0.67 0.60
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
-0.03 0.01 0.02 0.05 -0.26 0.81
Cash From Investing Activities
-3.85 -0.40 -0.36 -0.03 -0.02 -0.24
Cash From Financing Activities
4.15 0.40 0.33 -0.03 0.26 -0.54
Capital Expenditures
0.36 0.42 0.16 0.11 0.10
Free Cash Flow
0.68 0.35 0.54 0.45 0.46
Change in Cash
0.28 -0.01 -0.01 -0.03 0.03

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Aditya BSL-Indiv Pure Equity 3.76 1.57 3,835,624
1,114,597
40.96%
Jan 31, 2025
Nippon India Small Cap Gr 1.35 0.02 1,379,844
-42,310
2.98%
Feb 28, 2025
Kotak Business Cycle Reg Gr Not Rated 0.98 0.37 998,238
Feb 28, 2025
Aditya BSL Trsptn and Logistics Reg G Not Rated 0.61 0.41 620,104
Feb 28, 2025
Aditya BSL Infrastructure Plan A Gr 0.60 0.55 612,528
Feb 28, 2025
Total (for Top 5) 7.30 7,446,338
1,072,287

© Copyright 2025 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2025 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: helpdesk.in@morningstar.com) in case of queries or grievances.
Top