Waterways Leisure Tourism Limited
NSE: CORDELIATour, Travel Related Services
Share price
₹102.90
-6.04% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
47
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹6,689 Cr
P/E ratio
128.6
P/B ratio
77.8
ROCE
64.0%
ROE
92.0%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
We do not have three full years of its sales yet, so there is nothing to compare with its sector.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
It has no steady three-year profit record yet, so growth cannot be weighed against the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Waterways Leisure Tourism Limited — this one | — | 128.6× | — |
| Indian Railway Catering & Tourism | 12%/yr | 26.1× | ₹2.2 |
| TBO Tek Limited | 19%/yr | 68.1× | ₹3.6 |
| BLS International Services Limited | 49%/yr | 12.5× | ₹0.25 |
| Le Travenues Technology Limited | 40%/yr | 77.9× | ₹1.9 |
| Thomas Cook (India) Limited | 222%/yr | 20.6× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Tour, Travel Related Services), it ranks 1 of 8 on returns, 3 of 8 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 64% on capital, ahead of 88% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the 3 years of cash statements on file it made ₹264 crore of cash from the business, spent ₹104 crore on plant and equipment, and returned ₹135 crore to lenders and shareholders.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 7 checks clear · 86%
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹6,689 Cr
- Prev close
- ₹102.90
- 52w High
- ₹119
- 52w Low
- ₹62.3
- Enterprise value
- ₹7,529 Cr
- Beta
- —
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 15.2%
- PEG ratio
- —
- P/E ratio
- 128.6
- P/B ratio
- 77.8
- EV / EBITDA
- 65.5
- Industry P/E
- 43.9
- ROCE
- 64.0%
- ROCE 5y average
- 91.5%
- ROE
- 92.0%
- Debt / Equity
- 1.5
- Interest coverage
- 7.0
- Dividend yield
- 0.0%
- ROE 3y average
- —
- ROE last year
- 92.0%
Annual P&L
- Annual revenue
- ₹580 Cr
- Annual profit
- ₹52 Cr
- Operating margin
- 20.0%
- Net profit margin
- 9.0%
- EBITDA margin
- 19.8%
- Sales growth 3y
- —
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹0.8
- Sales growth TTM
- -2.0%
- Profit growth TTM
- -38.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹190 Cr
- Profit latest quarter
- ₹23 Cr
- YoY quarterly sales growth
- 7.8%
- YoY quarterly profit growth
- -34.3%
- OPM latest quarter
- 23.7%
Balance Sheet
- Book Value
- ₹1.2
- Face Value
- ₹1.0
- Total debt
- ₹118 Cr
- Total cash
- ₹6 Cr
- Borrowings
- ₹118 Cr
- Reserves / Equity
- 0.2
Cash Flow
- Operating cash flow
- -₹96 Cr
- Free cash flow
- -₹111 Cr
- FCF yield
- -1.9%
- Net cash flow
- -₹27 Cr
Shareholding
- Promoter holding
- 89.3%
- FII holding
- 6.4%
- DII holding
- 1.1%
- Public holding
- 3.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| I R C T C | 453.65 | 26.3 | 36,292 | 1.98 | 329.9 | -0.2 | 1,369.5 | 18.1 | 46.1 |
| TBO Tek | 1,704.50 | 68.8 | 18,509 | 0.00 | 83.4 | 47.1 | 925.8 | 81.1 | 18.3 |
| BLS Internat. | 220.84 | 12.9 | 9,093 | 1.13 | 201.6 | 11.2 | 890.5 | 25.3 | 29.8 |
| Waterways Leisur | 109.52 | 197.5 | 7,929 | 0.00 | 22.8 | -34.5 | 190.1 | 7.8 | 64.0 |
| Le Travenues | 158.27 | 79.7 | 6,981 | 0.00 | 34.2 | 70.3 | 356.8 | 12.9 | 6.8 |
| Thomas Cook (I) | 100.54 | 21.0 | 4,729 | 0.50 | 63.7 | -0.0 | 2,091.9 | -13.1 | 14.9 |
| Easy Trip Plann. | 5.86 | 2,335 | 0.00 | -11.7 | -964.4 | 134.7 | 18.4 | 0.6 | |
| Median | 158.27 | 37.5 | 4,729 | 0.00 | 22.8 | -0.2 | 190.1 | 7.8 | 18.2 |
Competes with: BLS International Services Limited, Easy Trip Planners Limited, Indian Railway Catering & Tourism, Le Travenues Technology Limited, TBO Tek Limited, Thomas Cook (India) Limited, Yatra Online Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 176 | 154 | 190 |
| Expenses | 121 | 117 | 145 |
| Material Cost | 0 | ||
| Change in Inventories | 0 | ||
| Purchases of Stock-in-Trade | 0 | ||
| Employee Cost | 10 | ||
| Other Expenses | 135 | ||
| Operating Profit | 55 | 37 | 45 |
| OPM % | 31 | 24 | 24 |
| Other Income | 1 | 1 | 2 |
| Exceptional items (within Other Income) | 0 | ||
| Interest | 1 | 3 | 4 |
| Depreciation | 7 | 8 | 9 |
| Profit before tax | 47 | 26 | 33 |
| Tax % | 27 | 32 | 31 |
| Net Profit | 35 | 18 | 23 |
| EPS in Rs | 0.53 | 0.28 | 0.31 |
| Diluted EPS in Rs | 3.49 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 444 | 591 | 580 |
| Expenses | 337 | 377 | 465 |
| Operating Profit | 107 | 213 | 115 |
| OPM % | 24 | 36 | 20 |
| Other Income | -6 | 83 | 7 |
| Interest | 39 | 43 | 13 |
| Depreciation | 184 | 63 | 30 |
| Profit before tax | -123 | 190 | 78 |
| Tax % | 0 | 11 | 33 |
| Net Profit | -123 | 168 | 52 |
| EPS in Rs | -1.90 | 2.60 | 0.80 |
| Dividend Payout % | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- -2%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- -38%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- —
- Last year
- 92%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Equity Capital | 65 | 65 | 65 |
| Reserves | -183 | -32 | 15 |
| Borrowings | 293 | 56 | 118 |
| Other Liabilities | 224 | 159 | 144 |
| Total Liabilities | 399 | 247 | 342 |
| Fixed Assets | 318 | 91 | 75 |
| CWIP | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 |
| Other Assets | 82 | 154 | 266 |
| Total Assets | 399 | 247 | 342 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from Operating Activity | 230 | 130 | -96 |
| Cash from Investing Activity | -75 | -66 | 10 |
| Cash from Financing Activity | -146 | -48 | 59 |
| Net Cash Flow | 9 | 16 | -27 |
| Free Cash Flow | 157 | 114 | -111 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Debtor Days | 2 | 2 | 3 |
| Cash Conversion Cycle | 2 | 2 | 3 |
| Working Capital Days | -205 | -48 | -63 |
| ROCE % | 119 | 64 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
company capacity utilisation %
105pct
2026-06-30
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
volume growth %
10.00pct
2026-06-30
News
News and filings about Waterways Leisure Tourism Limited. Open one to see why it matters.
26 Aug, 18:05 IST · Company event · low impact
Significant movement in price has been observed in Waterways Leisure Tourism Limited.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- marine fuel / bunker fuel
Depends on the price of
- fuel
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Consumer Services
- Industry
- Tour, Travel Related Services
- Classification
- Consumer Services › Tour, Travel Related Services
- ISIN
- INE0LZF01013
News impact
Big market events that reach Waterways Leisure Tourism Limited, and how the effect spreads.
22 Sept, 19:28 IST · Market event · high impact
Mahadev betting case: ED chargesheets EaseMyTrip co-founder Nishant Pitti; shares worth ₹59.6 crore frozen
India's financial crime agency charged EaseMyTrip's co-founder in a betting case and froze Rs 59.6 crore of his shares, hurting EaseMyTrip shareholders while rival travel sites could gain.
Who it hits first
- Easy Trip Planners, which runs EaseMyTrip travel bookings, faces trouble as co-founder Nishant Pitti is chargesheeted in the Mahadev betting case.
- The ED has provisionally frozen Rs 59.6 crore of shares in his demat account under anti-money-laundering law (PMLA).
- The freeze creates investor worry about the founder and an overhang on EaseMyTrip shares, not a halt to bookings.
Who may gain
- Rival online travel sites like Yatra and Ixigo could pick up flight and hotel bookings from wary EaseMyTrip users.
- Thomas Cook, TBO Tek and other travel peers may see small share gains on sentiment.
- EaseMyTrip shareholders lose as promoter overhang and the Rs 59.6 crore freeze weigh on the shares.
Along the supply chain
Downstream
No direct downstream link — EaseMyTrip lists no customers in this pack, and travelers shifting to rivals is a demand move, not a supply chain.
Upstream
No direct upstream link — EaseMyTrip lists no suppliers in this pack, and a promoter share freeze does not change airline or hotel supply.
Where demand moves
Business
Some travelers may shift flight and hotel bookings from EaseMyTrip to rivals like Yatra, Ixigo and Thomas Cook, a small business-demand move.
Capital
Investors are likely to avoid EaseMyTrip on governance worry and rotate spare travel exposure toward steadier peers.
How it spreads across sectors
Consumer Services
Online travel peers see only a small sentiment lift from possible booking shifts, with no broad impact on hotels, food or retail in Consumer Services.
When it plays out
Immediate
EaseMyTrip shares face selling on the chargesheet and freeze news; rivals see light sympathy bids.
Medium term
If the case drags or widens, EaseMyTrip discount persists; if ring-fenced to the founder, shares stabilize.
Short term
Court and ED next steps and any company distancing statement set whether the overhang grows or fades.
15 Sept, 05:00 IST · Market event · medium impact
EaseMyTrip co-founder pledges 34.51cr shares to Motilal Oswal Financial Services
A founder of travel website EaseMyTrip has pawned a tenth of the company for a loan — a red flag that usually pushes the shares down.
Who it hits first
- EaseMyTrip faces ~10% pledge-supply overhang plus forced-sale risk on any margin call.
- Small travel peers (Yatra, Ixigo, TBO) derate on sentiment contagion despite clean holdings.
- Consumer-services small-caps broadly soften as promoter-finance headlines spook the tape.
Who may gain
- Zero-pledge travel peers (Ixigo, Yatra, TBO) may attract rotation once the dust settles.
Along the supply chain
Downstream
Travelers and agents see zero impact; bookings, refunds and service run normally.
Upstream
No direct supply-chain link — a promoter-financing event, not an operations event.
Where demand moves
Business
No business-demand impact — travel bookings do not change on promoter financing; this is purely a share-supply event.
Capital
Money exits EaseMyTrip on overhang fears; trims small travel broadly; rotates to clean-holding peers on dips.
How it spreads across sectors
Consumer Services
Online-travel sub-segment derates on pledge contagion; wider consumer-services mood softens.
When it plays out
Immediate
EaseMyTrip down 3-6% on overhang; travel peers dip 1-3% on association.
Medium term
Pledge stays an overhang until released; company must grow into a derated multiple.
Short term
Shareholding filings confirm the final pledged tally; any release filing reverses part of the fall.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 25 Aug 2026 | split | ₹0 |
|---|
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 19 Aug 2026 | BELGRAVE INVESTMENT FUND | SELL | 6,98,749 | ₹825.11 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY2723 Jul 2026
- Results presentation30 Jun 2026
- Annual report
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.