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 ₹ 386 Cr.
- Current Price ₹ 360
- High / Low ₹ 395 / 70.0
- Stock P/E 25.6
- Book Value ₹ 52.0
- Dividend Yield 0.00 %
- ROCE 28.4 %
- ROE 41.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 70.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 50.3%
Cons
- Debtor days have increased from 66.2 to 84.9 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 19 | 24 | 44 | 59 | 86 | 258 | |
| 17 | 21 | 37 | 48 | 69 | 229 | |
| Operating Profit | 2 | 3 | 6 | 11 | 17 | 29 |
| OPM % | 12% | 13% | 14% | 19% | 20% | 11% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 1 | 3 | 3 | 3 | 4 |
| Depreciation | 0 | 1 | 3 | 3 | 4 | 5 |
| Profit before tax | 1 | 1 | 1 | 5 | 11 | 20 |
| Tax % | 27% | 29% | 53% | 22% | 26% | 25% |
| 1 | 1 | 0 | 4 | 8 | 15 | |
| EPS in Rs | 1,060.00 | 970.00 | 420.00 | 4,170.00 | 10.20 | 14.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 81% |
| TTM: | 200% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 70% |
| 3 Years: | 230% |
| TTM: | 88% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 380% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 50% |
| Last Year: | 42% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 8 | 11 |
| Reserves | 3 | 4 | 4 | 8 | 8 | 45 |
| 18 | 23 | 27 | 25 | 30 | 70 | |
| 2 | 7 | 8 | 13 | 11 | 34 | |
| Total Liabilities | 22 | 34 | 39 | 47 | 57 | 160 |
| 12 | 24 | 25 | 22 | 26 | 48 | |
| CWIP | 0 | 0 | 0 | 3 | 2 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | 11 | 14 | 21 | 29 | 100 | |
| Total Assets | 22 | 34 | 39 | 47 | 57 | 160 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -3 | 8 | 2 | 10 | 6 | -20 | |
| -6 | -13 | -4 | -3 | -6 | -45 | |
| 8 | 5 | 1 | -5 | 2 | 64 | |
| Net Cash Flow | -0 | 0 | -0 | 2 | 2 | -1 |
| Free Cash Flow | -8 | -4 | -2 | 6 | -0 | -57 |
| CFO/OP | -106% | 279% | 45% | 103% | 55% | -50% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 82 | 48 | 69 | 54 | 60 | 85 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 82 | 48 | 69 | 54 | 60 | 85 |
| Working Capital Days | 115 | -47 | -17 | -35 | 8 | 26 |
| ROCE % | 10% | 13% | 25% | 35% | 28% |
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
-
Shareholders meeting
26 May 2026 - EGM on May 26, 2026 approved preferential equity share issue with 99.98% votes in favour.
-
Voluntary Revision of Financial statements or Report
26 May 2026 - Revised FY26 audited financial results filed after borrowings and liabilities reclassification; no impact on assets, liabilities or profit.
-
Shareholders meeting
26 May 2026 - Iware held EGM on May 26, 2026, with 8 members; special resolution for preferential equity issue.
-
Corrigendum
22 May 2026 - Third corrigendum to EGM notice for preferential issue; floor price set at ₹254.09 per share.
-
Corrigendum
19 May 2026 - Second corrigendum updates preferential issue details, valuation report, and proposed allottees for May 26, 2026 EGM.
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.