Western Overseas Study Abroad Ltd
Incorporated in 2013, Western Overseas Study Abroad Limited is engaged in providing educational and immigration advisory services, and offering visa advice.[1]
- Market Cap ₹ 10.4 Cr.
- Current Price ₹ 17.4
- High / Low ₹ 54.9 / 13.8
- Stock P/E 17.1
- Book Value ₹ 31.7
- Dividend Yield 0.00 %
- ROCE 26.7 %
- ROE 21.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.55 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 29.8 to 69.6 days.
- Working capital days have increased from 53.1 days to 122 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Leisure Services Tour, Travel Related Services
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 9.03 | 10.15 | 20.30 | 22.69 | 20.28 | |
| Sales growth | +12.40% | +100.00% | +11.77% | -10.62% | |
| 7.59 | 9.03 | 17.96 | 18.94 | 15.79 | |
| Operating Profit | 1.44 | 1.12 | 2.34 | 3.75 | 4.49 |
| OPM % | 15.95% | 11.03% | 11.53% | 16.53% | 22.14% |
| 0.05 | 0.06 | 0.06 | 0.22 | 0.07 | |
| Interest | 0.05 | 0.12 | 0.26 | 0.41 | 0.41 |
| Depreciation | 0.31 | 0.46 | 0.51 | 0.47 | 0.42 |
| Profit before tax | 1.13 | 0.60 | 1.63 | 3.09 | 3.73 |
| Tax % | 26.55% | 25.00% | 27.61% | 28.48% | 26.54% |
| 0.83 | 0.45 | 1.19 | 2.21 | 2.73 | |
| EPS in Rs | 1.98 | 1.07 | 2.83 | 5.24 | 4.54 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 82% |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 28% |
| Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 4.21 | 6.01 | 6.01 |
| Reserves | 2.83 | 3.27 | 4.47 | 2.31 | 12.52 | 13.06 |
| 0.23 | 0.47 | 3.31 | 3.86 | 2.10 | 4.82 | |
| 1.09 | 1.05 | 2.26 | 2.37 | 1.75 | 2.24 | |
| Total Liabilities | 4.16 | 4.80 | 10.05 | 12.75 | 22.38 | 26.13 |
| 1.07 | 1.45 | 1.68 | 2.03 | 2.58 | 3.37 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.25 |
| Investments | 0.00 | 0.00 | 0.00 | 0.79 | 0.85 | 2.00 |
| 3.09 | 3.35 | 8.37 | 9.93 | 18.95 | 18.51 | |
| Total Assets | 4.16 | 4.80 | 10.05 | 12.75 | 22.38 | 26.13 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0.73 | 0.74 | -2.07 | -4.48 | -1.70 | |
| -0.68 | -0.83 | -0.81 | -0.23 | -0.68 | |
| -0.10 | 0.18 | 2.62 | 4.51 | 7.15 | |
| Net Cash Flow | -0.05 | 0.10 | -0.25 | -0.20 | 4.78 |
| Free Cash Flow | 0.05 | -0.09 | -2.81 | -5.30 | -2.67 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 78% | 88% | -79% | -107% | -18% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 4.04 | 5.03 | 17.98 | 1.77 | 69.65 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 4.04 | 5.03 | 17.98 | 1.77 | 69.65 |
| Working Capital Days | -6.47 | -24.81 | -23.01 | 59.84 | 122.39 |
| ROCE % | 21.11% | 32.76% | 38.53% | 26.70% |
Documents
Announcements
-
Submission Of Statement Of No Deviation Or Variation Under Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Quarter Ended 30Th September, 2026
- No deviation in IPO proceeds use for quarter ended 30 September 2026; ₹2.03 crore utilized, ₹1.12 crore unutilised.
- Unaudited Financial Results (Standalone) For Half Year Ended September 30,2026
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Board Meeting Outcome for Board Meeting Outcome For Meeting Held On Friday, November 13, 2026
- Board approved unaudited results for half year ended 30 September 2026 and reconstituted committees.
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Board Meeting Intimation for Intimation Of Board Meeting To Approve The Unaudited Financial Results For The Half Year Ended 30Th September 2026.
- Board meets November 13, 2026 to approve unaudited results for half year ended September 30, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Management attended Russia–India Forum 2026 in Kazan to explore education and recruitment collaborations.
Concalls
-
Aug 2026PPT
Business Overview:[1][2]
a) WOSAL is a leading overseas education and immigration consulting company in India, providing comprehensive global mobility solutions for students, professionals, and families aspiring to study, work, or settle abroad.