Western Carriers IPO Review & Recommendations

Western Carriers (India) IPO Peer Comparison

Western Carriers (India) Limited peer comparison with similar listed entities. (As on March 31, 2024)

Source: All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the annual reports / annual results as available for the respective company for the Financial Year ended March 31, 2024, submitted to stock exchanges.

Notes:

1. Basic/Diluted EPS refers to the Basic/Diluted EPS sourced from the financial statements of the respective peer group companies for the Financial Year ended March 31, 2024.
2. NAV per equity share refers to total equity attributable to the equity shareholders as of the end of the Financial Year divided by the number of Equity Shares outstanding at the end of the year.
3. The P/E ratio for the peer group has been computed based on the closing market price of equity shares on BSE as of September 4, 2024, divided by the Diluted EPS for the Financial Year ended March 31, 2024.
4. RoNW is calculated as profit after tax attributable to the company's equity shareholders divided by Net Worth attributable to the company's equity shareholders.
5. The net worth attributable to the company's owners is the total value of the paid-up share capital, reserves, and securities premium account minus accumulated losses, deferred expenditure, and miscellaneous expenditures not written off. This calculation excludes certain reserves and should be based on the restated and audited statement of assets and liabilities as of March 31, 2024, March 31, 2023, and March 31, 2022, in accordance with SEBI ICDR Regulations.
6. Market capitalisation has been computed based on the closing market price of equity shares on BSE on September 4, 2024.