Western Carriers (India) Limited — PPTs, 15-11-2025: Investor Presentation

Western Carriers (WCIL), a 4PL logistics provider, saw mixed results for the quarter and half-year. H1FY26 revenue nudged up 0.2% to ₹855 Cr, with TEU volumes rising 2.7%. However, profitability sharply declined: Profit After Tax (PAT) dropped 47.9% to ₹19.7 Cr, and EBITDA fell 44.7% to ₹39.6 Cr year-on-year. Q2FY26 echoed this trend, with PAT down 52.8% to ₹8.9 Cr and EBITDA down 47.9% to ₹18.8 Cr, despite a 1.9% revenue increase to ₹440 Cr.

WCIL continues to leverage its asset-light, multi-modal 4PL model, focusing on integrated supply chain solutions. A recent win includes a multimodal logistics contract from Vedanta Ltd. The company's future strategy centers on deepening customer ties, expanding geographic reach and sector presence, boosting margins through high-value services, and enhancing tech capabilities. WCIL also eyes selective asset investments and inorganic growth, aiming to optimize its value chain and simplify complex logistics for clients despite the recent profit dip.