Western Carriers (India) (NSE:WCIL) ROE %: 3.81% (As of Mar. 2026) — 84% Below Median


NSE:WCIL Western Carriers (India) Ltd NSE:WCIL
36 GF Score
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What is Western Carriers (India) ROE %?

Western Carriers (India) NSE:WCIL -3.80% 36 ROE % is 3.81% as of Mar. 2026, which is 84% below its 10-year median of 23.62. GuruFocus rates NSE:WCIL with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 991 Transportation companies, Western Carriers (India) ranks worse than 65.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Western Carriers (India)'s annualized net income for the quarter that ended in Mar. 2026 was ₹330 Mil. Western Carriers (India)'s average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹8,670 Mil. Therefore, Western Carriers (India)'s annualized ROE % for the quarter that ended in Mar. 2026 was 3.81%.

The historical rank and industry rank for Western Carriers (India)'s ROE % or its related term are showing as below:

NSE:WCIL' s ROE % Range Over the Past 10 Years
Min: 4.58   Med: 23.62   Max: 26.94
Current: 4.58

During the past 7 years, Western Carriers (India)'s highest ROE % was 26.94%. The lowest was 4.58%. And the median was 23.62%.

NSE:WCIL's ROE % is ranked worse than
65.49% of 991 companies
in the Transportation industry
Industry Median: 7.62 vs NSE:WCIL: 4.58

Western Carriers (India)  (NSE:WCIL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=330.32/8669.69
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(330.32 / 19828.64)*(19828.64 / 12054.3)*(12054.3 / 8669.69)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.67 %*1.6449*1.3904
=ROA %*Equity Multiplier
=2.75 %*1.3904
=3.81 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=330.32/8669.69
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (330.32 / 450) * (450 / 529.68) * (529.68 / 19828.64) * (19828.64 / 12054.3) * (12054.3 / 8669.69)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.734 * 0.8496 * 2.67 % * 1.6449 * 1.3904
=3.81 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Western Carriers (India) ROE % Related Terms


Western Carriers (India) ROE % Historical Data

* Premium members only.

The historical data trend for Western Carriers (India)'s ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Carriers (India) ROE % Chart

Western Carriers (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 26.94 24.86 22.42 10.62 4.58

Western Carriers (India) Quarterly Data
Mar20 Mar21 Mar22 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.80 5.21 4.22 5.11 3.81

NSE:WCIL vs FDX, UPS, JBHT: ROE % Comparison

For the Integrated Freight & Logistics subindustry, Western Carriers (India)'s ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Carriers (India) ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Western Carriers (India)'s ROE % distribution charts can be found below:

* The bar in red indicates where Western Carriers (India)'s ROE % falls into.


NSE:WCIL
36GF Score
Western Carriers (India) Ltd NSE:WCIL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Carriers (India) ROE % Calculation

Western Carriers (India)'s annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=388.17/( (8280.79+8669.69)/ 2 )
=388.17/8475.24
=4.58 %

Western Carriers (India)'s annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=330.32/( (0+8669.69)/ 1 )
=330.32/8669.69
=3.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.81% mean?
Western Carriers (India) (NSE:WCIL) has a ROE % of 3.81% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Western Carriers (India) and its competitors. This is 84% below median its historical median of 23.62. Over the past decade, Western Carriers (India)'s ROE % has ranged from 4.58 to 26.94. According to the industry distribution chart, Western Carriers (India) ranks #649 out of 991 companies in the Transportation industry, placing it in the top 65.5%.
Is Western Carriers (India)'s ROE % too high?
Western Carriers (India)'s current ROE % of 3.81% is 84% below median its 10-year median of 23.62. Over the past 10 years, this metric has ranged from a low of 4.58 to a high of 26.94. The Transportation industry median ROE % is 7.62. Western Carriers (India)'s value of 3.81% is 50% below this industry median. Based on the distribution chart, Western Carriers (India) ranks #649 out of 991 companies in the Transportation industry, which is below the industry midpoint. Overall, Western Carriers (India) has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Western Carriers (India)'s ROE % compare to FDX and UPS?
According to the Transportation industry distribution chart, Western Carriers (India) ranks #649 out of 991 companies for ROE %. This places Western Carriers (India) in the lower half of its industry. The industry median ROE % is 7.62. Western Carriers (India)'s value of 3.81% is 50% below this benchmark. Historically, Western Carriers (India)'s own ROE % has ranged from 4.58 to 26.94 over the past decade. While the company's 10-year median is 23.62 vs. the industry median of 7.62, Western Carriers (India) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Carriers (India)'s current ROE % of 3.81% is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Western Carriers (India) and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Carriers (India)'s current ROE % is 3.81%, which is 84% below median its own 10-year median of 23.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Carriers (India) stock overvalued right now?
Western Carriers (India) (NSE:WCIL) has a current ROE % of 3.81%. The current ROE % is 3.81%, which is 84% below median its 10-year median of 23.62 and 50% below the Transportation industry median of 7.62. Western Carriers (India)'s overall GF Score™ is 36/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Western Carriers (India) (NSE:WCIL), the current ROE % is 3.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Western Carriers (India) Business Description

Other Exchanges 544258:India
Address 2/6 Sarat Bose Road, 2nd Floor, Kolkata, WB, IND, 700020
Western Carriers (India) Ltd is a private, asset-light 4PL logistics company focused on rail-based multi-modal transportation. With expertise in road, rail, and sea/river movement, it handles domestic and EXIM cargo across India. The company offers a comprehensive range of logistics services, including single window logistics, multimodal transport, rail and road transport, cargo handling, customs house agency, ocean and air freight, and warehousing. As a key player in the Indian logistics industry, the company provides integrated transportation, warehousing, and ancillary services to meet diverse customer needs.
36GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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