Iware Supplychain Services
IWARE NSE
Iware Supplychain Services
Logistics & CargoNSE: IWARE Logistics Solution Provider
Key Fundamentals
SMELogistics Solution ProviderLogistics & CargoMarket Cap
₹512 Cr
Volatility
Moderate
P/E Ratio
34.8
EBITDA
₹29.80 Cr
Return on Equity
27.03%
Debt to Equity
1.25
Book Value
₹65.95
52W High
₹539.4
52W Low
₹120
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company has delivered good profit growth of 68.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.0%
Weaknesses
3- Stock is trading at 8.49 times its book value
- Promoter holding has decreased over last quarter: -5.07%
- Debtor days have increased from 66.2 to 84.9 days.
Growth Rate
Revenue Growth
200% higher than
3Y
Net Income Growth
88.75% lower than
3Y
Cash Flow Change
-432% lower than
3Y
ROE
-45.44% lower than
3Y
ROCE
-30.92% lower than
3Y
EBITDA Margin (Avg.)
-42.58% lower than
3Y
Quarterly Results
| Particulars | Sep 2024 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 30 | 93 | 164 |
| Expenses | 25 | 82 | 147 |
| Operating Profit | 5 | 12 | 17 |
| OPM % | 15% | 13% | 11% |
| Other Income | 0 | 0 | 1 |
| Interest | 1 | 1 | 3 |
| Depreciation | 2 | 2 | 4 |
| PBT | 2 | 9 | 11 |
| Tax % | 25% | 25% | 24% |
| Net Profit | 1 | 6 | 9 |
| EPS in Rs | 1.55 | 6 | 8.05 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 19 | 24 | 44 | 59 | 86 | 258 |
| Expenses | 17 | 21 | 37 | 48 | 69 | 228 |
| Operating Profit | 2 | 3 | 6 | 11 | 17 | 29 |
| OPM % | 12% | 13% | 14% | 19% | 20% | 11% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 1 | 1 | 3 | 3 | 3 | 5 |
| Depreciation | 0 | 1 | 3 | 3 | 4 | 5 |
| PBT | 1 | 1 | 1 | 5 | 11 | 20 |
| Tax % | 27% | 29% | 53% | 22% | 26% | 25% |
| Net Profit | 1 | 1 | 0 | 4 | 8 | 15 |
| EPS in Rs | 1,060 | 970 | 420 | 4,170 | 10.2 | 14.05 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | 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 |
| Borrowings | 18 | 23 | 27 | 25 | 30 | 70 |
| Other Liabilities | 2 | 7 | 8 | 13 | 11 | 34 |
| Total Liabilities | 22 | 34 | 39 | 47 | 57 | 160 |
| Fixed Assets | 12 | 24 | 25 | 22 | 26 | 48 |
| CWIP | 0 | 0 | 0 | 3 | 2 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 11 | 11 | 14 | 21 | 29 | 100 |
| Total Assets | 22 | 34 | 39 | 47 | 57 | 160 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | -3 | 8 | 2 | 10 | 6 | -20 |
| Investing | -6 | -13 | -4 | -3 | -6 | -45 |
| Financing | 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
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 82 | 48 | 69 | 54 | 60 | 85 |
| Cash Conversion Cycle | 82 | 48 | 69 | 54 | 60 | 85 |
| Working Capital Days | 115 | -47 | -17 | -35 | 8 | 24 |
| ROCE % | — | 10% | 13% | 25% | 35% | 28% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Iware Supplychain Services insights
52 extracted metrics + investor summaries across FY21–FY26.
Documents
1
Awarding of order(s)/contract(s)
10 Sep - IWARE won NCERT contract to transport books and printing paper from NCR-Delhi, starting 15 September 2026. 10 Sep - IWARE won NCERT contract to transport books and printing paper from NCR-Delhi, starting 15 September 2026.
2
Agreements
2 Sep - IWARE signed a one-year transportation agreement with Tube Investment, effective 1 September 2026. 2 Sep - IWARE signed a one-year transportation agreement with Tube Investment, effective 1 September 2026.
3
Shareholders meeting
8 Aug - 9th AGM voting results: all six resolutions passed, including Rs.1 final dividend and remuneration revisions. 8 Aug - 9th AGM voting results: all six resolutions passed, including Rs.1 final dividend and remuneration revisions.
4
Shareholders meeting
7 Aug - 9th AGM held on 7 Aug 2026; members approved FY26 accounts, Rs1 dividend, and remuneration revisions. 7 Aug - 9th AGM held on 7 Aug 2026; members approved FY26 accounts, Rs1 dividend, and remuneration revisions.
5
Bagging/Receiving of orders/contracts
6 Aug - IWARE signed three transport services agreements with Indpower, Livfast and Livguard for three years from 1 July 2026. 6 Aug - IWARE signed three transport services agreements with Indpower, Livfast and Livguard for three years from 1 July 2026.
Frequently Asked Questions about Iware Supplychain Services
What does Iware Supplychain Services Ltd do?
Incorporated in 2018, iWare Supply Chain Services Limited is a Pan-India integrated logistics company providing a wide range of services.[1]
Where is Iware Supplychain Services Ltd (IWARE) listed?
Iware Supplychain Services Ltd trades as IWARE on the NSE.
Which sector does Iware Supplychain Services Ltd belong to?
Iware Supplychain Services Ltd is classified under the Logistics & Cargo sector, in the Logistics Solution Provider industry.
What is the market capitalisation of Iware Supplychain Services Ltd?
Iware Supplychain Services Ltd has a market capitalisation of ₹512.05 Cr, which places it in the Small Cap band.
What is the PE ratio of Iware Supplychain Services Ltd?
Iware Supplychain Services Ltd trades at a PE ratio of 34.80, against a book value of ₹65.95 per share.
What is the 52-week high and low of Iware Supplychain Services Ltd?
Over the last 52 weeks Iware Supplychain Services Ltd has traded between ₹120 and ₹539.4.
Does Iware Supplychain Services Ltd pay dividends?
Iware Supplychain Services Ltd has a dividend yield of 0.22%.
What is the Return on Equity (ROE) of Iware Supplychain Services Ltd?
Iware Supplychain Services Ltd reported a return on equity of 27.03%. Its debt-to-equity ratio is 1.25.
Company Information
Incorporated in 2018, iWare Supply Chain Services Limited is a Pan-India integrated logistics company providing a wide range of services.[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/IWARE.md for Iware Supplychain Services Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.