Western Carriers (India) IPO Review & Recommendations

Western Carriers (India) IPO Peer Comparison

Western Carriers (India) Limited peer comparison with similar listed entities. (As on March 31, 2022)

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, 2022.
2. NAV per equity share refers to total equity attributable to the equity shareholders as of the end of the Financial Year/ period divided by the number of Equity Shares outstanding at the end of the year/ period.
3. The peer group's P/E ratio has been computed based on the closing market price of equity shares on BSE as of May 25, 2023, divided by the Diluted EPS for the Financial Year ended March 31, 2022.
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. Net Worth attributable to the owners of the Company means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the restated and audited statement of assets and liabilities. Still, it does not include reserves created out of revaluation of assets, capital reserve, write-back of depreciation and amalgamation, in accordance with SEBI ICDR Regulations as of December 31, 2022, March 31, 2022, March 31, 2021, and March 31, 2020.
6. Market capitalisation has been computed based on the closing market price of equity shares on BSE on May 25, 2023.