The shares of the small-cap company, which provides end-to-end supply chain management through logistics, surged over 4 percent on Wednesday after the company announced it secured a contract worth approximately Rs 28 crores.
With a market capitalization of Rs 1,146 crores, the shares of Western Carriers (India) Ltd are currently trading at Rs 112 per share, down by 36.72 percent from its 52-week high of Rs 177 per share. Over the last six months, the stock has delivered a negative return of 13 percent.
On Wednesday, through a stock exchange filing, Western Carriers announced that it has secured a contract worth Rs 27.73 crores from Jindal Stainless. The scope of the work includes the hiring & trip basis of Trailers for Container Movement inside the Jindal Stainless Limited plant in Jajpur. The project is to be completed within 2 years.
Financial and Shareholding Highlights
The company reported a revenue of Rs 1,726 crores in FY25, up by 2.37 percent from its FY24 revenue of Rs 1,686 crores. Additionally, it reported a net profit decline of 18.75 percent to Rs 65 crores in FY25 from Rs 80 crores in FY24.
The stock has delivered an ROE and ROCE of 10.62 percent and 13.08 percent respectively, and is currently trading at a P/E of 17.61x as compared to its industry average of 27.22x.
As of March 2025, the promoter holds a 71.89 percent stake in the company, followed by FIIs with 0.29 percent, DIIs with 8.53 percent, and the Public with 19.27 percent respectively.
Western Carriers (India) Limited provides end-to-end logistics services across India by rail/road, air, and coastal services. Western carries through, chartering, stevedoring at ports, coastal cargo movement, and provides single window logistics, cargo handling, customs clearance, warehousing, and redistribution services.
Written by Satyajeet Mukherjee
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