Western Carriers India Ltd Net Assets
Western Carriers India Ltd net assets. Based on the latest financial reports, Western Carriers India Ltd (WCIL) has net assets worth Rs8.67 Billion INR (≈ $93.76 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs12.05 Billion ≈ $130.36 Million USD) and total liabilities (Rs3.38 Billion ≈ $36.60 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Western Carriers India Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs8.67 Billion |
| % of Total Assets | 71.92% |
| Annual Growth Rate | 35.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 39.82 |
Net Assets of Western Carriers India Ltd (2022–2026)
Net assets of Western Carriers India Ltd from 2022 to 2026. This chart illustrates how Western Carriers India Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Western Carriers India Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Western Carriers India Ltd (2022–2026)
The table below shows the annual net assets of Western Carriers India Ltd from 2022 to 2026. For live market cap and overall valuation, see WCIL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs8.67 Billion ≈ $93.76 Million |
+4.70% |
| 2025-03-31 | Rs8.28 Billion ≈ $89.55 Million |
+107.87% |
| 2024-03-31 | Rs3.98 Billion ≈ $43.08 Million |
+25.03% |
| 2023-03-31 | Rs3.19 Billion ≈ $34.46 Million |
+23.69% |
| 2022-03-31 | Rs2.58 Billion ≈ $27.86 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Western Carriers India Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 121.1% over the analyzed period, indicating profitable operations and earnings retention.
Western Carriers India Ltd Net Assets Breakdown (March 2026)
Western Carriers India Ltd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.49 Billion | 51.82% |
| Common Stock | Rs509.78 Million | 5.88% |
| Other Components | Rs3.67 Billion | 42.30% |
| Total Equity | Rs8.67 Billion | 100.00% |
Western Carriers India Ltd Competitors by Market Cap
The table below lists competitors of Western Carriers India Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kestrel Group, Ltd.
NYSE:KG
|
$100.95 Million |
|
S&D Co. Ltd.
KQ:260970
|
$100.96 Million |
|
Sif Holding NV
AS:SIFG
|
$100.99 Million |
|
TUL Corporation
TWO:6150
|
$100.99 Million |
|
Vranken-Pommery Monopole Société Anonyme
PA:VRAP
|
$100.87 Million |
|
Tamil Nadu Newsprint & Papers Limited
NSE:TNPL
|
$100.84 Million |
|
CLERHP Estructuras S.A
MC:CLR
|
$100.82 Million |
|
MEI Pharma Inc
NASDAQ:MEIP
|
$100.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Carriers India Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 8,280,790,000 to 8,669,690,000, a change of 388,900,000 (4.7%).
- Net income of 388,170,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs388.17 Million | +4.48% |
| Other Changes | Rs730.00K | +0.01% |
| Total Change | Rs- | 4.70% |
Book Value vs Market Value Analysis
This analysis compares Western Carriers India Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.63x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | Rs25.24 | Rs91.53 | x |
| 2023-03-31 | Rs31.23 | Rs91.53 | x |
| 2024-03-31 | Rs39.07 | Rs91.53 | x |
| 2025-03-31 | Rs91.00 | Rs91.53 | x |
| 2026-03-31 | Rs85.10 | Rs91.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Carriers India Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.12%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 1.39x
- Recent ROE (4.48%) is below the historical average (15.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 23.75% | 4.16% | 3.00x | 1.91x | Rs353.91 Million |
| 2023 | 22.48% | 4.38% | 2.70x | 1.90x | Rs397.25 Million |
| 2024 | 20.17% | 4.77% | 2.24x | 1.89x | Rs405.11 Million |
| 2025 | 7.87% | 3.77% | 1.56x | 1.33x | Rs-176.78 Million |
| 2026 | 4.48% | 2.12% | 1.52x | 1.39x | Rs-478.80 Million |
Industry Comparison
This section compares Western Carriers India Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $8,101,048,272
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Carriers India Ltd (WCIL) | Rs8.67 Billion | 23.75% | 0.39x | $100.92 Million |
| Accuracy Shipping Limited (ACCURACY) | $19.62 Million | 31.41% | 5.62x | $6.38 Million |
| Allcargo Terminals Ltd (ATL) | $-62.07K | 0.00% | 0.00x | $65.86 Million |
| Blue Dart Express Limited (BLUEDART) | $5.32 Billion | 27.21% | 1.83x | $1.12 Billion |
| Delhivery Limited (DELHIVERY) | $33.88 Billion | -52.63% | 0.20x | $3.34 Billion |
| Future Supply Chain Solutions Limited (FSC) | $4.80 Billion | 6.34% | 0.61x | $1.31 Million |
| Gateway Distriparks Limited (GATEWAY) | $11.10 Billion | 11.90% | 0.21x | $250.67 Million |
| Jet Freight Logistics Limited (JETFREIGHT) | $295.94 Million | 27.27% | 2.25x | $8.73 Million |
| Maheshwari Logistics Limited (MAHESHWARI) | $244.26 Million | 5.63% | 2.86x | $21.67 Million |
| Mahindra Logistics Limited (MAHLOG) | $5.60 Billion | 4.69% | 3.56x | $438.07 Million |
| Navkar Corporation Limited (NAVKARCORP) | $19.75 Billion | -0.09% | 0.13x | $125.02 Million |
About Western Carriers India Ltd
Western Carriers (India) Limited provides logistics and allied services in India. The company provides single window logistics, multi-modal transportation, rail, road, cargo handling, custom house agency, and ocean and air freight services, as well as labelling, product packaging, customs clearance, stevedoring, palletizing, fumigation, pre-shipment inspection, and containerization services. It a… Read more