Iware Supplychain Services Ltd
Incorporated in 2018, iWare Supply Chain Services Limited is a Pan-India integrated logistics company providing a wide range of services.[1]
- Market Cap ₹ 398 Cr.
- Current Price ₹ 371
- High / Low ₹ 395 / 70.0
- Stock P/E 30.1
- Book Value ₹ 43.9
- Dividend Yield 0.00 %
- ROCE 34.7 %
- ROE 65.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 57.2%
Cons
- Stock is trading at 8.45 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Services Services Transport Services Logistics Solution Provider
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 18.90 | 24.35 | 43.55 | 58.71 | 85.79 | |
| 16.70 | 21.30 | 37.28 | 47.81 | 68.75 | |
| Operating Profit | 2.20 | 3.05 | 6.27 | 10.90 | 17.04 |
| OPM % | 11.64% | 12.53% | 14.40% | 18.57% | 19.86% |
| 0.06 | 0.07 | 0.17 | 0.06 | 0.29 | |
| Interest | 0.73 | 1.10 | 2.75 | 2.84 | 2.94 |
| Depreciation | 0.08 | 0.67 | 2.78 | 2.77 | 3.54 |
| Profit before tax | 1.45 | 1.35 | 0.91 | 5.35 | 10.85 |
| Tax % | 26.90% | 28.89% | 52.75% | 22.24% | 26.08% |
| 1.06 | 0.97 | 0.42 | 4.17 | 8.02 | |
| EPS in Rs | 1,060.00 | 970.00 | 420.00 | 4,170.00 | 10.20 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 102% |
| TTM: | 92% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 362% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 57% |
| Last Year: | 66% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 7.86 | 10.72 |
| Reserves | 2.60 | 3.56 | 3.99 | 8.16 | 8.33 | 36.37 |
| 17.67 | 23.29 | 27.34 | 25.34 | 29.73 | 45.27 | |
| 2.11 | 7.42 | 8.14 | 13.31 | 11.01 | 10.97 | |
| Total Liabilities | 22.39 | 34.28 | 39.48 | 46.82 | 56.93 | 103.33 |
| 11.56 | 23.58 | 24.98 | 22.31 | 25.69 | 33.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 3.28 | 2.41 | 2.65 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.20 |
| 10.83 | 10.70 | 14.50 | 21.23 | 28.83 | 56.40 | |
| Total Assets | 22.39 | 34.28 | 39.48 | 46.82 | 56.93 | 103.33 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -2.73 | 8.25 | 2.47 | 9.74 | 5.99 | |
| -5.81 | -12.65 | -4.13 | -3.32 | -5.82 | |
| 8.09 | 4.55 | 1.36 | -4.81 | 1.50 | |
| Net Cash Flow | -0.45 | 0.15 | -0.31 | 1.61 | 1.66 |
| Free Cash Flow | -7.73 | -4.45 | -1.71 | 6.36 | -0.06 |
| CFO/OP | -106% | 279% | 45% | 103% | 55% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 82.08 | 47.67 | 69.40 | 53.96 | 59.82 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 82.08 | 47.67 | 69.40 | 53.96 | 59.82 |
| Working Capital Days | 114.91 | -46.62 | -17.43 | -34.69 | 8.17 |
| ROCE % | 10.39% | 12.58% | 25.26% | 34.72% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Apr 2025 | |
|---|---|---|---|---|
| Total Owned Vehicle Fleet Number |
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| Total Employee Count Number |
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| Rake Handling Number of Rakes |
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| Total Warehouse Space Sq. Ft. |
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| Warehouse Handling Volume Metric Tons (MT) |
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Extracted by Screener AI
Documents
Announcements
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Updates
5 May 2026 - Newspaper publication for EGM on 26 May 2026 and remote e-voting instructions.
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Record Date
5 May 2026 - Company fixed 19 May 2026 as record date for EGM e-voting entitlement.
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Shareholders meeting
4 May 2026 - Notice for EGM on 26 May 2026 dispatched electronically to members.
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Shareholders meeting
4 May 2026 - EGM on 26 May 2026 to approve preferential issue of 7,90,800 shares, raising up to Rs20.17 crore.
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Outcome of Board Meeting
4 May 2026 - Board approved preferential issue of 7,90,800 shares at Rs255, aggregating Rs20.17 crore; EGM on May 26, 2026.
Integrated Logistics Firm[1]
iWare offers comprehensive logistics services—warehousing, transport, rack handling, auxiliary services, and rentals—making it a one-stop supply chain partner. Its integrated road and rail network, including Indian Railways' BCN rake services.