Western Carriers (India) Ltd (NSE:WCIL)

Q2 2026 Western Carriers (India) Ltd Earnings Call Transcript

Nov 16, 2025 / 05:30 AM GMT

Release Date Price: ₹123.1 (-1.90%)

Transcript

Key Points

Positve

Western Carriers (India) Ltd (NSE:WCIL) reported a 6% quarter-on-quarter growth in revenues from operations, reaching 440 crore.
The company has significantly reduced its net debt to 8.4 crore from 228.55 crore last year, strengthening its balance sheet.
Western Carriers (India) Ltd (NSE:WCIL) completed a CapEx of over 30 crore in H1, focusing on specialized containers and heavy equipment.
The company successfully launched its multimodal cargo terminal at Devilia Station, enhancing connectivity and logistics efficiency.
Domestic business surged by more than 25% quarter-on-quarter, indicating strong growth in the local market.

Negative

Margins have compressed significantly from 8.4% in Q2 FY25 to 4.3% in Q2 FY26, primarily due to higher operational costs.
The working capital days increased to 119 days in H1 FY26, indicating potential cash flow challenges.
Employee benefit expenses grew by 40% year-on-year, outpacing the revenue growth of 2%, impacting profitability.
Exim trade growth remains muted due to geopolitical uncertainties, affecting overall growth potential.
The company faces challenges in the domestic road segment, with competition intensifying and requiring strategic focus.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

WESE.NS - Western Carriers (India) Ltd
Q2 2026 Western Carriers (India) Ltd Earnings Call
Nov 17, 2025 / 05:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to Production Carriers India Limited Q2 SI 26 earnings conference call. As a reminder, all participant lines will be in the listening only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please represent an operator by pressing 10 on your touchstone phone. Please note that this conference is being recorded. I now hand the content over to Mr. RN Sura from MUFG.

Thank you and all too, sir.

Thank you. Good morning, everyone. I welcome you all to the Q2 NH 1,526 earnings for the carers India Limited to discuss this call's business performance we have from the

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.