Western Carriers (India) Limited has informed the Exchange about Investor Presentation
Date: August 14, 2025
To, The General Manager Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001
To, The General Manager Department of Corporate Services, National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
Scrip Code: 544258; Scrip Symbol: WCIL
ISIN: INE0CJF01024
Dear Sir/Madam,
Sub-: Investor Presentation on the Unaudited Financial Results of the Company for the quarter ended June 30, 2025
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, we are enclosing herewith a copy of the Investor Presentation on the Unaudited Financial Results of the company for the quarter ended June 30, 2025.
We request you to kindly take the same on records.
The aforesaid information will also be hosted on the Company’s website at www.western-carriers.com
Thanking you,
Yours faithfully,
For Western Carriers (India) Limited
Name: Sapna Kochar Company Secretary & Compliance Officer ICSI Mem. No.: A56298 Place: Kolkata, West Bengal
Western Carriers (India) Limited Investor Presentation | Q1 FY26
Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Western Carriers (India) Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness.
2
Company Overview
WCIL: The Largest & Fastest Growing Logistics Solutions Provider
Founded in 1972
Legacy of over 5 Decades
Multi-modal, rail- focused, 4PL asset-light logistics company
Trusted provider of seamless multimodal logistic solutions
Specialized in customized end-to-end supply chain solutions
1,600+ Customer (as of March 31, 2025)
11.7% Revenue CAGR (FY21 – FY25)
213,475 TEU Volume (FY25)
50+ Branches (as of March 31, 2025)
10.4% EBITDA CAGR (FY21 – FY25)
19.1% TEU Volume Growth (FY21 - FY25)
Largest platinum business associates of Concor, contributing 6% of its domestic railway TEUs in FY24.
Largest associate partner in railway for Concor contributing 4% of its export-import railway TEUs in FY24.
Only Associate Partner of Concor to provide substantial volume of EXIM business
Holds custom house agency licenses in its own name with most major ports in India
4
Our Principles & Strategic Aim
Our Core Principles
Trust • Seamless ‘pick, pack, drop’ operations • Single-window solutions to resolve supply chain complexities
Timeliness • Multimodal transport ensures timely delivery • Customized logistics based on client needs
Transparency • Control over entire logistics chain • Reduce third-party reliance and inefficiencies
Our Strategic Aim
Simplify Complex Supply Chains •
Integrated transport + value-added services (e.g. warehousing, customs)
Deliver Customized Solutions • Tailored strategies using decades of domain expertise
Optimize the Value Chain • End-to-end management for cost and time efficiency
5
Journey of over Five Decades
2022
Won a multimodal logistics contract from a large aluminium company
2020
Achieved turnover of ₹10,000 million
2024
Listed on stock exchnages- NSE & BSE
2025
Won a multimodal logistics contract from a Vedanta Ltd.
2019
2018
Certified as Authorised Economic Operator-LO (Customs Broker)
Recognized for international supply chain security compliance
Onboarded as EXIM partner for a large zinc company
1972
2011
2013
2015
Mr. Rajendra Sethia founded a rail-focused logistics business
Incorporated as Western Carriers (India) Private Limited in Kolkata
Business transferred from Promoter Mr. Rajendra Sethia to Western Carriers (India) Limited
Received pan-India Customs Broker license
Became EXIM partner for a large steel company
6
Comprehensive Service Portfolio
One of the largest multi-modal, rail focused, 4PL asset-light logistic solutions provider in India
Western Carriers India Limited
3PL, 4PL Supply Chain & VAS
Rail transport
Road transport
CHA / Stevedoring
Water & Air Freight
Warehousing and Stock Management
Project logistics
Handling multimodal transportation provides seamless integration of value-added services leading to increased customer share and loyalty
7
Value-Added Services Across the Supply Chain
Production
Packaging and transportation
Export haulage and documentation
Departure
Arrival and unloading
Inland Haulage and custom clearance
Multimode Transport
In-plant Logistics
Warehousing & Inventory management
Transfer by truck / rail
Issuance of Bill of Lading & certification
Container inspection and Fumigation certificate check
Customs House Agent of importer (at ICDs and CFSs)
Container Unloading at warehouse
Containerisation
Containerisation
Container stacking
Transportation by road/ rail
Transportation by road/ rail/ combination of both
End to end supply chain planning
Pre-shipment inspection
Fumigation
Tracking ID given to exporter
Fumigation
Stevedoring
Container unloading & stacking
Unloading of cargo via CPT & port cranes
De-stuffing
Order fulfillment
Custom clearance
Order replenishment
Product stacking
Transfer by truck / rail/ sea / air
Loading of cargo via CPT & port cranes
Movement within container yard
Palletisation
Product Strapping
Stevedoring
QC testing
WMS (Warehouse Management Systems)
Stock ageing
Product unstrapping/ unbagging
In-plant logistics
Reverse logistics & disposal
8
Turning Customer Challenges into Growth Opportunities
Customer Pain Point
High transit times
Lack of visibility
Multiple intermediaries
Pilferage or cargo damage
Inflexible capacity
Complex documentation
WCIL Solution
Multi-modal routes with seamless interchanges
GPS tracking and control of end-to-end chain
Single-window logistics provider
Fewer trans-shipment points, tighter control
Scalable asset-light model via leased infra
WCIL handles all regulatory, customs, and paperwork services
9
Long-Standing Relationships with Customers
More than 1,600 clients served across India
Long-term partnerships with industry leaders across various sectors
80% of FY25 revenue from customers with >3-year relationships
100% retention rate for top 10 clients
Sectoral Revenue Mix
15%
4%
8%
19%
FY25
55%
Metals FMCG
Pharmaceuticals and Chemicals Oil and Gas
Utilities and Others
10
Operational Footprint and Infrastructure
Gandhidham
Jamnagar
Chittorgarh
Ahmedabad
Bharuch
Mahan
Jammu
Jalandhar
Ambala
Panipat
Haridwar
Udham Singh Nagar
Delhi
Dadri
Jorhat
Tinsukia Sivasagar
Guwahati
Kanpur
Siliguri
Kamrup
Renukoot
Ranchi
Kolkata
Korba Jharsuguda
Jamshedpur
Raipur
Angul
Haldia
Bangaon
Jajpur
Silchar
Agartala
Surat Vapi
Nagpur
Sambalpur
Bhiwandi
Mumbai
Hyderabad
Ranipet
Bengaluru
Nilgiris Coimbatore
Cochin
Salem
Chennai
Pondy
Cuddalore
trichy Tuticorin
Cuttack Jagatsinghpur Paradeep
Visakhapatnam
Regional Office
Branch Office
Warehouse/ Redistribution Centres
Note(S): Company has operations in Nepal, Bangladesh & Bhutan
Nationwide Infrastructure & Asset Base (as of March 31, 2025)
Nationwide Presence
50+ branches, 4 zonal offices across 23 states 16 leased warehouses in 12 states 55+ major rake handling points
Duliajan
Owned Assets
500+ GPS-enabled trucks 100+ equipment (incl. 34 reach stackers) 850+ shipping containers
Rail Capabilities
Mini rakes (up to 20 wagons) Jumbo rakes (1,500–2,000 MT capacity)
End-to-End Reach
First-mile to last-mile coverage Service in remote & underserved regions
11
Technology & Innovation Capabilities
Pioneers in Logistics Technology
First movers in implementing:
• GPS on cross-country vehicles • FASTag for toll payments • ATM cards for drivers for expense control • RFID-based beta project for tracking
Fully Integrated ERP System
• Real-time shipment tracking across modes • • Automated e-invoice generation tailored to
In-depth reporting on fleet, stock, sales, purchases
customer needs Integral to billing & accounting functions
•
Next-Gen Upgrades in Progress
Innovation Roadmap
• Mobile ERP for real-time data capture & faster billing • Streamlined operations with reduced manual
•
touchpoints Integrated 4PL for unified supply chain visibility & control
• Launch of Delivery as a Service (DaaS) model • Investing in new software & skilled engineers • Focused on cost optimization and service enhancement • Container Innovation: Collapsible, jumbo, dwarf & open
top
12
Industry Overview
Indian Logistics Sector
India’s logistics sector to grow from $317B (2024) to $484B (2029) at 8.8% CAGR
The logistics sector contributes 5% to India’s GDP
Government aims to cut logistics costs from 14% to 8% of GDP
Government targets to reach top 25 in the global Logistics Performance Index
Warehousing market expected to reach US$ 27 Bn by 2026 at 10.9% CAGR
Source: IBEF
35 Multimodal Logistics Parks (MMLPs) planned under Bharatmala initiative • MMLPs to manage 700 million tonnes of cargo annually
• $2.6B earmarked for 15 priority MMLPs out of a $5.5B total outlay
14
Key Growth Drivers – Indian Logistics Sector
Supply-Side Enablers
• Major infrastructure push through DFC, Gati Shakti, Bharatmala, and multimodal logistics
parks
Simplified regulatory landscape with GST, e-way bills, and infrastructure status for logistics
Strong FDI inflows and increased public capital expenditure in logistics infrastructure
Government-led focus on logistics skilling and workforce development
Growing adoption of AI, IoT, and automation to enhance operational efficiency
Demand-Side Drivers
Exports surged 40% from FY20 to FY23, reaching ₹30.5T, driving logistics needs
‘Make in India’ accelerating domestic production and regional supply chain demand
Rapid growth in e-commerce and MSMEs expanding logistics outsourcing
Rising demand from Tier-II and Tier-III cities driven by consumption and connectivity
Increased digital adoption across the value chain improving visibility and performance
•
•
•
•
•
•
•
•
•
Source: IBEF, Company RHP
15
B2B Growth Drivers for the Logistics Sector
MSME Expansion
MSMEs contribute ~31% to GDP and ~46% to exports; government schemes like ‘Make in India’ and ‘Aatmanirbhar Bharat’ are fueling logistics demand from this segment.
Sustainability as a Differentiator
Shift toward EV fleets, clean fuels, and energy- efficient smart warehouses is enabling green logistics with cost benefits.
Manufacturing Boom
FDI in manufacturing rose 76% due to large domestic demand and PLI incentives, with budget allocation up 34% YoY to ₹6,200 crore in FY25.
Rise of Integrated Fulfilment Needs
Businesses are shifting to outsourced, tech- enabled end-to-end supply chain models for efficiency, speed, and flexibility.
Asset-Light, Agile Models
Hub-and-spoke networks and asset-light operations allow players to flexibly scale and customize logistics for diverse client needs.
Technology-Led Transformation
Use of AI, ML, IoT, and automation is enabling real- time visibility, better capacity use, and faster decision-making.
Source: IBEF, Company RHP
16
Unique Value Proposition
What Sets Us Apart
Parameters
Traditional 3PL service providers
WCIL
Level of service offerings
Transportation, warehousing and value-added services
End-to-end supply chain management
Typical nature of asset ownership
Asset-light; mainly partner operated assets
Asset-light; leased infrastructure and fleet and selective ownership of strategic technology assets
Technological capabilities
Moderate with mainly manual operations
High with full control over the value chain
Complexity of operations
Medium
High
Customer Value
Multimodal + Services
Infrastructure & Reach
Speed, reliability, reduced cost, end-to-end visibility
Integrated logistics + value- added services
GPS-enabled fleet, leased rakes, pan-India offices
18
Streamlined Logistics: CHA, AEO & Stevedoring Expertise
Licensed CHA Presence & Capabilities
• Full team of professionals including CMD and CEO are certified Rule 8 CHA license holders, ensuring deep
regulatory expertise throughout the supply chain
• CHA licenses across major Indian ports including Kolkata, JNPT, Vizag, Chennai and Gangavaram • Full in-house EXIM capabilities enables smooth running of entire supply chain and reduces dependability on others
Integrated Supply Chain Solutions
• Offers end-to-end logistics services, including customs clearance on behalf of clients. • Ensures efficient and cost-effective operations, streamlining documentation and regulatory processes.
Client-Centric Operational Benefits
• Reduces the need for multiple vendor coordination, simplifying logistics management. • Minimizes detention and demurrage charges, enhancing overall service reliability.
Competitive Differentiators
• Among the few national logistics firms with CHA licenses in their own name across multiple ports. • Holds AEO (Authorized Economic Operator) certification for expedited cargo processing. • Certified under ISO 9001:2015, ensuring adherence to international quality management standards. • Licensed for stevedoring operations in several major ports
Business Impact
• Strengthens client retention by offering reliable, streamlined, and compliant logistics solutions. • Enables greater margin control through operational efficiencies.
19
Strengthening Multimodal Infrastructure for Industrial Growth
Operational Launch of Devaliya Terminal – Enabling Seamless Cargo Movement
▪
▪
▪
▪
▪
Successfully completed and commenced operations of Phase 1 of the Gati Shakti Multi Modal Cargo Terminal (MMCT) at Devaliya, Halvad district, near Morbi (Gujarat)
The facility features a modern rail terminal and service station, supporting multimodal logistics through Container Rake and Wagon Rake systems for EXIM as well as PAN India domestic transportation Spread across 30+ acres, the terminal is equipped to handle diverse cargo types and container formats
Future expansion plans include the development of an Inland Container Depot (ICD) and integrated warehousing infrastructure
Strategically positioned to serve key industrial sectors:
Salt industry in Maliya: ~80,000 tonnes annual production, contributing ~40% of Gujarat’s output. • • Ceramic industry in Morbi: ~5 million tonnes annual production, fulfilling ~70% of national demand. • Additional support for chemical, agricultural, fertiliser, and MSME sectors.
▪ Reinforces WCIL’s commitment to delivering efficient, secure, and cost-effective logistics solutions with value-added services for domestic clients.
▪ Expected to significantly enhance regional logistics capabilities and support industrial growth across multiple sectors.
20
A Platform Built for Growth
Customer Needs
Handling complexities with customized solutions
Integrated Multimodal Transport
Rail/ Road/ River/ Ocean/ Air
Value-Added Services
Warehousing, Customs, Packaging, Labeling, etc.)
One-Stop, End-to-End Solution
Tailored, tech-enabled, customer-centric
Asset-Light Operational Model
Tailored, tech-enabled, Leased infra + owned strategic assets
Flexible & Scalable Execution
Responsive to demand, enabled by tech & partners
Customer Outcomes
Lower cost, faster transit, reliable delivery
21
Growth Engines for the Future
Deepen Customer Relationships
• Expand service scope and geographies for
•
existing clients Increase wallet share through customized, integrated solutions
• Strengthen retention via asset upgrades and
value-added services
Customer Acquisition & Sector Expansion
Geographic Expansion
• Leverage operational success to onboard new
• Grow footprint through customer-led regional
clients
entry
• Target retail and large players in untapped sectors • Use customer referrals to enter affiliate
• Apply best practices across pan-India operations • Target high-growth regions with similar logistics
businesses
demands
Margin Expansion & Efficiency
Strengthen Technological Capabilities
Infrastructure & Asset Investment
• Focus on high-value, integrated services • Improve asset utilization and cost efficiencies • Reduce third-party dependencies through direct
service offerings
• Build tech stack for order bundling and rake
• Maintain asset-light model with selective asset
optimization
• Enable data-driven, real-time logistics solutions • Support both small and large cargo via integrated
systems
•
upgrades Invest in containers, vehicles, and handling equipment
• Enhance safety, performance, and customer
experience
Inorganic Growth Strategy
Focus on Project Logistics
Improve Integration & Utilization
• Explore acquisitions to expand services and reach • Target logistics infrastructure and complementary
capabilities
• Expand services in infrastructure and cross-border
projects
• Offer custom clearance, inland movement, and
• Deepen integration with customer supply chains • Cross-sell services to existing clients • Maximize throughput and productivity across
• Pursue alliances for faster market entry and scale
specialized handling
networks
• Use capital-efficient, partnership-driven models
22
Financial Highlights
Financial Performance (Consolidated)
Volume (TEUs)
50,784
51,688
33,286
32,888
17,498
Q1FY26
18,800
Q1FY25
EXIM
Domestic
Revenue (₹ in Cr)
416
423
Q1FY26
Q1FY25
EBITDA (₹ in Cr) & EBITDA Margin (%)
PAT (₹ in Cr) & PAT Margin (%)
8.4%
36
5.0%
21
4.5%
19
2.6%
11
Q1FY26
Q1FY25
Q1FY26
Q1FY25
24
Key Financial Metrics (Consolidated)
ROE (%)
ROCE (%)
25.5
26.9
24.8
22.4
29.7
33.4
29.7
29.2
12.2
15.3
FY21
FY22
FY23
FY24
FY25*
FY21
FY22
FY23
FY24
FY25*
DEBT/Equity (x)
Working Capital (Days)
0.7
0.6
0.7
0.7
0.2
53
58
73
111
96
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
*ROE, ROCE are adjusted for unutilized IPO proceeds
25
Quarterly Income Statement (Consolidated)
Particulars (₹ Crs)
Revenue from Operations
Total Revenue
Operational Expenses
Gross Profit
Gross Profit Margin
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin (%)
Other Income
Depreciation
EBIT
EBIT Margin (%)
Finance Cost
Share of Profit of an Associate
Profit before Tax
Profit before Tax(%)
Tax
Profit After Tax
PAT Margin (%)
EPS (As per Profit after Tax)
Q1FY26
Q1FY25
415.8
415.8
365.0
50.8
12.2%
14.7
15.3
20.8
5.0%
4.2
5.7
19.2
4.6%
4.5
0.0
14.7
3.5%
3.9
10.8
2.6%
1.1
422.7
422.7
361.4
61.4
14.5%
12.1
13.8
35.5
8.4%
1.4
5.2
31.6
7.5%
6.1
0.0
25.5
6.0%
6.6
18.9
4.5%
2.4
Y-o-Y
-1.6%
-17.2%
-41.3%
-39.1%
-42.4%
-42.9%
Q4FY25
Q-o-Q
428.6
428.6
374.7
53.9
12.6%
14.1
14.9
24.9
5.8%
4.8
6.6
23.2
5.4%
4.2
0.0
19.0
4.4%
4.9
14.1
3.3%
1.3
-3.0%
-5.8%
-16.6%
-17.0%
-22.5%
-23.3%
26
Historical Income Statement (Consolidated)
Particulars (₹ Crs)
Revenue from Operations
Total Revenue
Operational Expenses
Gross Profit
Gross Profit Margin
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin (%)
Other Income
Depreciation
EBIT
EBIT Margin (%)
Finance Cost
Share of Profit of an Associate
Profit before Tax
Profit before Tax(%)
Tax
Profit After Tax
PAT Margin (%)
EPS (As per Profit after Tax)
FY21
1110.1
1110.1
960.7
149.4
13.5%
27.7
40.9
80.8
7.3%
3.8
11.6
73.0
6.6%
13.0
0.0
60.0
5.4%
15.5
44.5
4.0%
11.3
FY22
1470.9
1470.9
1280.4
190.5
12.9%
37.0
49.5
104.0
7.1%
4.9
11.6
97.3
6.6%
13.9
0.0
83.4
5.7%
22.2
61.1
4.2%
7.8
FY23
1633.1
1633.1
1421.3
211.7
13.0%
41.8
48.3
121.7
7.4%
4.8
15.3
111.2
6.8%
15.1
0.0
96.1
5.9%
24.5
71.6
4.4%
9.1
FY24
1685.8
1685.8
1436.6
249.2
14.8%
46.9
56.2
146.1
8.7%
5.6
21.2
130.5
7.7%
22.2
0.1
108.4
6.4%
28.1
80.3
4.8%
10.2
FY25
1725.7
1,725.7
1,489.8
236.0
13.7%
53.1
62.9
119.9
6.9%
13.2
23.8
109.3
6.3%
21.5
0.0
87.8
5.1%
22.7
65.1
3.8%
7.2
27
Historical Balance Sheet (Consolidated)
Assets (₹ in crs)
Non ‐ Current Assets Property, plant and equipment Goodwill Capital work‐in‐progress Right of use assets Other Intangible assets Equity accounted investments Financial Assets (i) Investments (ii) Other Financial Assets Deferred tax assets (Net) Other non‐current assets Income Tax Assets (Net) Total Non ‐ Current Assets Current Assets Financial Assets (i) Trade receivables (ii) Cash and cash equivalents (iii) Bank balances other than (iii) above (iv) Loans (v) Other current financial assets Other current assets Total Current Assets Total Assets
FY21
36.3 31.0 0.6 5.3 0.2 2.1
0.7 27.4 2.5 1.4 1.7 109.2
252.4 3.4 7.5 28.1 5.2 19.5 316.0 425.2
FY22
36.3 31.0 9.5 3.7 0.1 3.2
0.7 25.7 2.7 0.5 5.0 118.5
311.4 2.5 10.7 16.3 5.6 25.2 371.8 490.3
FY23
55.3 31.0 16.8 4.5 0.1 3.2
0.7 14.0 3.0 0.5 12.3 141.6
389.7 1.4 18.2 18.0 4.6 30.7 462.6 604.1
FY24
71.1 31.0 0.0 2.9 0.2 3.2
8.7 3.7 8.0 5.7 134.5
525.5 1.9 25.0 27.1 6.3 33.7 619.5 754.0
FY25
119.1 31.0 15.0 3.5 0.1 3.2
15.4 4.1 11.3 11.0 213.7
620.4 4.8 185.5 25.5 8.7 45.0 889.9 1,103.6
28
Historical Balance Sheet (Consolidated)
Equity & Liabilities (₹ in crs)
Equity (a) Equity share capital (b) Other equity Equity attributable to equity holders of the parent Non‐controlling interests Total Equity Liabilities Non ‐ Current Liabilities Financial liabilities (i) Borrowings (ii) Lease Liabilities Long Tem Provisions Total Non ‐ Current Liabilities Current Liabilities Financial liabilities (i) Borrowings (ii) Lease Liabilities (iii) Trade payables Total outstanding dues of micro and small enterprises Total outstanding dues of creditors other than micro and small enterprises (iii) Other financial liabilities Short Term Provisions Other current liabilities Total Current Liabilities Total Liabilities & Equity
FY21
39.4 157.1 196.4 0.2 196.6
35.2 4.0 1.5 40.7
100.4 1.5
- 77.9 3.9 0.2 3.8 187.8 425.2
FY22
39.4 218.0 257.4 0.2 257.6
20.8 2.6 2.2 25.6
129.6 1.5
- 65.0 6.1 0.3 4.7 207.1 490.3
FY23
39.4 279.1 318.4 0.2 318.6
36.7 2.8 4.0 43.5
173.8 2.1
3.7 50.3 7.9 0.3 4.0 242.1 604.1
FY24
39.4 359.0 398.4 - 398.4
24.8 1.1 5.5 31.4
241.2 2.3
5.6 64.1 6.6 0.3 4.2 324.2 754.0
FY25
51.0 777.1 828.1 - 828.1
18.7 2.7 6.8 28.1
153.3 1.0
2.5 77.2 11.1 0.2 2.1 247.4 1,103.6
29
Historical Cash Flow Statement (Consolidated)
Particulars (₹ in crs)
Cash Flow from Operating Activities
Profit before Tax
Adjustment for Non-Operating Items
Operating Profit before Working Capital Changes
Changes in Working Capital
Cash Generated from Operations
Less: Direct Taxes paid
Net Cash from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net increase/ (decrease) in Cash & Cash equivalent
Add: Cash and cash equivalents as at 1st April 2024
Cash and cash equivalents as at 31st March 2025
FY21
FY22
FY23
FY24
FY25
60.0
(0.2)
82.4
(94.3)
(11.9)
(14.6)
(26.5)
(2.2)
26.0
(2.7)
6.2
3.4
83.4
(0.2)
107.8
(77.0)
30.8
(25.6)
5.2
(3.0)
(3.1)
(0.9)
3.4
2.5
96.1
(0.3)
123.5
(89.7)
33.8
(31.9)
1.9
(35.8)
32.9
(1.1)
2.5
1.4
108.4
(0.4)
147.3
(125.2)
22.1
(21.3)
0.7
(39.9)
39.5
0.4
1.4
1.9
87.8
(0.3)
121.7
(96.2)
25.5
(28.2)
(2.7)
(241.3)
247.0
3.0
1.9
4.8
30
Annexures
Accomplished Board of Directors
Rajendra Sethia Chairman & Managing Director
Kanishka Sethia Whole Time Director, CEO & CFO
Sushila Sethia Whole Time Director
Sunil Munshi Independent Director
Bipradas Bhattacharjee Independent Director
Rajni Mishra Independent Director
32
Experienced Senior Management Team
Sapna Kochar Company Secretary & Compliance Officer
Kanhaiya Lal Baid Vice President (Operations)
Ravi Kumar Bhaskar Menon Vice President (Operations)
Selvam Sankaralingam Deputy Vice President (Marketing)
Rajiv Ranjan Kumar Deputy VP-Project & Infra
33
Awards
2024
2022
2022
2021
Certificate of recognition as leading logistic organisation of Times West Business Awards West Bengal 2024
Bengal
by
Appreciation award for outstanding services and timeliness and for diligence towards Hindalco and commitment Industries Limited, Belagavi Works from Hindalco Industries Limited, Belagavi
Certificate of appreciation in recognition of superior performance in the category of most valued partner- transportation from Jamshedpur Continuous Annealing and Processing Company Private Limited
for
Awarded BALCO Monthly CEO award ‘Best Business Partner’ by Bharat Aluminium Company Limited and Vedanta Limited
2018
2018
2017
Recognised as ‘Emerging Customs House Agent’ of containerised at Kolkata dock system by Kolkata Port Trust
cargo
Certificate of achievement for ‘Best 3PL Partner’ from Bharat Aluminium Company Limited and Vedanta Limited
to
Certificate of appreciation for proficient strengthen Hindalco’s efforts aluminium from Kolkata, Haldia and Visakhapatnam ports from Hindalco Industries Limited
export business
2014
‘Best Rail Awarded Operator-2014’ by MCC PTA India Corp. Private Limited
34
Thank You
COMPANY :
INVESTOR RELATIONS ADVISORS :
Western Carriers (India) Limited CIN: L63090WB2011PLC161111 Ms. Sapna Kochar E-mail: investors@westcong.com Website: www.western-carriers.com
www.western-carriers.com
investors@westcong.com
MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services
Ms. Nidhi Vijaywargia nidhi.vijaywargia@in.mpms.mufg.com
Mr. Viral Sanklecha viral.sanklecha@in.mpms.mufg.com
Meeting Request Link – Click Here