East West Freight Carriers Ltd (EASTWEST)

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East West Freight Carriers Ltd (EASTWEST) · mywealthgrid

About

East West Freight Carriers Ltd operates in Logistics Solution Provider within the Industrials sector.

Face value: ₹2

Market cap

₹29 Cr

P/E

19.2×

P/B

0.4×

Dividend yield

ROE

2.3%

ROCE

10.4%

Debt / equity

1.03

OPM

3.8%

EPS (TTM)

₹0.1

Book value

₹5.3

52-week high

—

52-week low

—

1,358 historical price candles were omitted because the exchange source has not been verified.

₹2.3+2.6%1Y

Quick read

rule-based

Pros

+High promoter holding of 60.3% with no pledge

Cons

−Low return on equity of 3.7% (3-yr avg)
−Thin operating margin of 3.8%
−Profit declined 18.7% a year over the last 3 years
−Modest revenue growth of 7.5% a year over the last 3 years
−Weak interest coverage of 1.3×

Research score

Structured signal from quality, growth, valuation and momentum.

36/100

Business quality: 14
Growth: 15
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	161	230	250	208	285
COGS	140	202	219	173	249
Gross profit	21	28	31	36	36
	13	17	23	23	25
Operating profit (EBITDA)	9	11	8	12	11
OPM %	5.3%	5%	3.2%	6%	3.8%
Depreciation	2	1	2	2	2
Interest	7	7	8	11	8
	1	1	1	9	1
Profit before tax	1	4	-1	9	2
Tax	1	1	0	2	1
Tax %	125%	31.6%	35.4%	22.1%	35%
	-0	3	-1	7	2
PAT margin %	-0.1%	1.2%	-0.4%	3.2%	0.5%
EPS (₹)	—	—	—	—	—
EPS adjusted (₹)	-0	0.2	-0.1	0.5	0.1
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity capital	18	24	25	26	26
Reserves	44	49	38	40	42
Minority interest	—	—	2	1	2
	69	68	87	57	69
	16	11	13	16	15
Total equity & liabilities	147	152	164	140	153
	48	47	63	39	40
CWIP	9	9	2	2	2
Investments	6	3	2	3	1
	84	93	97	97	109
Total assets	147	152	164	140	153

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	4	-2	4	13	-4
	-2	-7	-21	21	0
	-2	13	14	-35	4
Net cash flow	-1	4	-3	-1	-0
Free cash flow	4	-3	-22	11	-8
CFO / Operating profit %	45%	-21.5%	56.4%	106.7%	-38.9%

Compounded sales growth

7 years: —
5 years: —
3 years: 8%
1 year: 37%

Compounded profit growth

7 years: —
5 years: —
3 years: -19%
1 year: -77%

Return on equity

7 years: —
5 years: 3%
3 years: 4%
Last year: 2%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	13.2%	12.2%	12.3%	17.1%	12.7%
EBITDA margin %	5.3%	5%	3.2%	6%	3.8%
EBIT margin %	4.4%	4.3%	2.4%	5%	3.2%
PAT margin %	-0.1%	1.2%	-0.4%	3.2%	0.5%
Working capital
Receivable days	141	99	96	128	95
Inventory days	0	0	0	0	0
Payable days	22	9	7	17	12
NWC days	119	90	89	111	83
Leverage
Current ratio	2.16	2.67	2.24	2.47	2.01
Debt to EBITDA	7.97	6.02	10.98	4.6	6.36
Debt to equity	1.12	0.94	1.39	0.87	1.03
Interest coverage	1.1	1.6	0.9	1.8	1.3
Asset turnover	1.1	1.51	1.53	1.48	1.87
Return ratios
Return on assets %	-0.1%	1.9%	-0.7%	4.8%	1%
Return on capital employed %	7.4%	9.7%	6%	17.7%	10.4%
Return on equity %	-0.2%	3.9%	-1.7%	10.2%	2.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	61.28%	61.28%	61.28%	60.29%	60.29%	60.29%	60.29%	60.29%	60.29%	60.29%	60.29%	60.29%
	6.78%	3.69%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.94%	35.03%	38.66%	39.65%	39.65%	39.65%	39.65%	39.65%	39.65%	39.65%	39.65%	39.71%
No. of shareholders	—	—	—	—	—	—	—	—	23,657	23,184	22,736	22,423

Promoter holding down 0.99 percentage points since Sep 2023.

24 deals · 7 Feb 2022 – 10 Oct 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Oct 2025	AMIT JHINGRAN	Bulk	BSE	Sell	7,64,828	₹4.25	₹0.33 Cr
31 May 2024	YASHODHARA STOCK AND SHARES PRIVATE LIMITED	Bulk	BSE	Sell	7,03,452	₹7.01	₹0.49 Cr
19 Jan 2024	AG DYNAMIC FUNDS LIMITED	Bulk	BSE	Sell	15,83,132	₹9.09	₹1.44 Cr
19 Jan 2024	SILVERTOSS SHOPPERS PRIVATE LIMITED	Bulk	BSE	Buy	14,89,674	₹9.09	₹1.35 Cr
8 Jan 2024	RAJESH MIRCHUMAL SADHWANI	Bulk	BSE	Sell	27,24,234	₹9.20	₹2.51 Cr
8 Jan 2024	AG DYNAMIC FUNDS LIMITED	Bulk	BSE	Sell	26,11,572	₹9.20	₹2.40 Cr
15 Dec 2023	AG DYNAMIC FUNDS LIMITED	Bulk	BSE	Sell	7,35,390	₹10.57	₹0.78 Cr
14 Dec 2023	AG DYNAMIC FUNDS LIMITED	Bulk	BSE	Sell	23,09,599	₹9.61	₹2.22 Cr
13 Dec 2023	AG DYNAMIC FUNDS LIMITED	Bulk	BSE	Sell	9,68,030	₹8.01	₹0.78 Cr
17 Aug 2023	AG DYNAMIC FUNDS LIMITED	Bulk	BSE	Buy	86,50,000	₹4.50	₹3.89 Cr

1–10 of 24

1 / 3

Mr. SHAFI MOHAMMEDExecutive Director-Chairperson
Mr. AJAZ SHAFI MOHAMMEDExecutive Director-CEO-MD
Mr. SURESH MENONExecutive Director
Mr. MANISH SYNGHALNon-Executive - Independent Director
Ms. SUMAN JHAKALNon-Executive - Independent Director
Mr. RAJESH THAKRARNon-Executive - Independent Director
Mr. Huzefa WapaniChief Financial Officer
Fulchand KanojiaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in East West Freight Carriers Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

3

Dividend dividend17 Dec 2020 · ex-date₹0.05
Dividend dividend18 Sept 2019 · ex-date₹0.1
Dividend dividend18 Sept 2018 · ex-date₹0.1

1

Board meeting to consider results12 Aug 2026

1

Face value ₹10 → ₹230 Mar 2021 · ex-date

1–3 of 4

1 / 2

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

66 announcementsExport CSV

7 Sept 2026, 7:05 pmBoard Meeting

Board Meeting Outcome for Outcome Of Board Meeting Held On Monday, 7Th September, 2026

Outcome of Board Meeting PDF

31 Aug 2026, 3:58 pmBoard Meeting

Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company Scheduled To Be Held On Monday, 7Th September, 2026

Exchange filing PDF

17 Aug 2026, 5:10 pmCompany Update

Admission For Dealing Of The Company Security On The National Stock Exchange (NSE) Under Permitted To Trade Category Via Circular Ref No. 1355/2026.

General PDF

12 Aug 2026, 9:27 pmResult

Unaudited Financial Result For The Quarter Ended 30Th June, 2026

Financial Results PDF

12 Aug 2026, 9:22 pmBoard Meeting

Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. 12Th August, 2026

Outcome of Board Meeting PDF

7 Jul 2026, 2:28 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

27 Jun 2026, 12:02 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

16 Jun 2026, 12:17 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
7 Sept 2026, 7:05 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of Board Meeting Held On Monday, 7Th September, 2026	PDF
31 Aug 2026, 3:58 pm	Board Meeting	Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company Scheduled To Be Held On Monday, 7Th September, 2026

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	13.2%	12.2%	12.3%	17.1%	12.7%
EBITDA margin %	5.3%	5%	3.2%	6%	3.8%
EBIT margin %	4.4%	4.3%	2.4%	5%	3.2%
PAT margin %	-0.1%	1.2%	-0.4%	3.2%	0.5%
Working capital
Receivable days	141	99	96	128	95
Inventory days	0	0	0	0	0
Payable days	22	9	7	17	12
NWC days	119	90	89	111	83
Leverage
Current ratio	2.16	2.67	2.24	2.47	2.01
Debt to EBITDA	7.97	6.02	10.98	4.6	6.36
Debt to equity	1.12	0.94	1.39	0.87	1.03
Interest coverage	1.1	1.6	0.9	1.8	1.3
Asset turnover	1.1	1.51	1.53	1.48	1.87
Return ratios
Return on assets %	-0.1%	1.9%	-0.7%	4.8%	1%
Return on capital employed %	7.4%	9.7%	6%	17.7%	10.4%
Return on equity %	-0.2%	3.9%	-1.7%	10.2%	2.3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Container Corporation Of India LimitedCONCORCONCOR	₹33,663 Cr	₹33,687 Cr	₹9,085 Cr	₹1,962 Cr	21.5%	₹1,242 Cr	13.7%	12.5%	9.8%	10
Delhivery LimitedDELHIVERYDELHIVERY	₹29,952 Cr	₹29,955 Cr	₹11,145 Cr	₹633 Cr	6.1%	₹94 Cr	1.5%	2.8%	1.6%	7
Shadowfax Technologies LimitedSHADOWFAXSHADOWFAX	₹15,982 Cr	₹15,982 Cr	₹4,202 Cr	₹212 Cr	5%	₹112 Cr	2.7%	9.6%	10.4%	10
Blue Dart Express LimitedBLUEDARTBLUEDART	₹10,657 Cr	₹10,857 Cr	₹6,357 Cr	₹1,016 Cr	15.5%	₹287 Cr	4%	19.1%	14.8%	-17
Shiprocket LimitedSHIPROCKETSHIPROCKET	₹8,730 Cr	₹8,972 Cr	₹2,024 Cr	₹-67 Cr	-3.3%	₹-79 Cr	-3.9%	-3.1%	-5.4%	—
Transport Corporation Of India LimitedTCITCI	₹6,727 Cr	₹6,946 Cr	₹5,026 Cr	₹531 Cr	10.5%	₹460 Cr	9.4%	16.5%	19.5%	40
Tvs Supply Chain Solutions LimitedTVSSCSTVSSCS	₹5,666 Cr	₹6,776 Cr	₹11,746 Cr	₹830 Cr	7.1%	₹65 Cr	1.1%	7.9%	6%	-169
Vrl Logistics LimitedVRLLOGVRLLOG	₹4,986 Cr	₹5,441 Cr	₹3,356 Cr	₹685 Cr	20.2%	₹267 Cr	7.4%	18.8%	21.3%	12
Afcom Holdings LtdAFCOMAFCOM	₹4,251 Cr	₹4,314 Cr	₹583 Cr	₹234 Cr	40.1%	₹122 Cr	20.9%	36.7%	36%	73
Mahindra Logistics LimitedMAHLOGMAHLOG	₹4,131 Cr	₹4,174 Cr	₹7,378 Cr	₹416 Cr	5.4%	₹38 Cr	0.2%	8%	0.3%	-26
Gateway Distriparks LimitedGATEWAYGATEWAY	₹2,592 Cr	₹2,884 Cr	₹2,211 Cr	₹478 Cr	21.7%	₹244 Cr	11.7%	11.2%	11.4%	-278
Tci Express LimitedTCIEXPTCIEXP	₹1,938 Cr	₹1,971 Cr	₹1,264 Cr	₹129 Cr	10.1%	₹82 Cr	6.6%	13.7%	10.3%	44

East West Freight Carriers Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends3

Board meetings1

Stock splits1

Announcements

Dividends3

Board meetings1

Stock splits1

Not in the F&O segment

Ratio timeline

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

3

1

1

3

1

1