# Iware Supplychain Services share price today (Iware Supplychain Services Ltd, NSE: IWARE)

> Iware Supplychain Services share price today: ₹376.35 at the NSE close on 3 November 2026. Iware Supplychain Services (NSE: IWARE) is worth ₹433 crore and trades at a P/E of 30.1. > Iware Supplychain Services Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. IWARE · Transport - Road · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/iware-supplychain-services-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: ₹376.35
- P/E: 30.1× (higher than 87% of the last 1 year)
- Revenue (Mar 2026): ₹164 Cr
- Profit (Mar 2026): ₹9.0 Cr
- Operating margin: 11.0%
- ROCE: 28%, FY26
- ROIC: 15.7%, against a 12.0% cost of capital: +3.7 points
- Profit that came in as cash: −15%, last 3 years

Biggest thing to watch: the P/E is higher than 87% of its own history, so the multiple has already done part of the work. ## What is the Iware Supplychain Services share price today? Iware Supplychain Services Ltd's share price was ₹376.35 at the close on 3 November 2026. It has been rising for 72 weeks. That is 9.6% above its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Since its first close in our records, on 29 May 2026, it has traded between ₹330 and ₹531, and at that close it sat 23% of the way up from that low. Over the last 5 months the share price moved +5% while the NIFTY 500 moved −3%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Iware Supplychain Services this quarter? 2 points in one quarter and number of shareholders up 26% in a year. 1. Promoters cut their stake by 6.2 points in one quarter From 69% to 62.8% in the September 2026 quarter. 2. Number of shareholders up 26% in a year 1,032 shareholders in the September 2026 quarter, against 822 a year earlier. ## What are Iware Supplychain Services' latest quarterly results? For January to March 2026 (the quarter ended 31 March 2026), Iware Supplychain Services reported revenue of ₹164 crore, and a profit of ₹9.00 crore. ### Iware Supplychain Services results: January to March 2026 against a year earlier

| Measure | January to March 2026 | A year earlier | Change |
| --- | --- | --- | --- |
| Revenue | ₹164 crore | n/a | n/a |
| Profit | ₹9.00 crore | n/a | n/a |
| Earnings per share | ₹8.05 | n/a | n/a |
| Operating margin | 11.0% | n/a | n/a |

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them. (From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.)

## What is the Iware Supplychain Services share price history? Iware Supplychain Services closed at ₹376.35 on 3 November 2026. Its highest weekly close since May 2026 was ₹530.80 on 17 July 2026. ### Iware Supplychain Services share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 27 Oct 2026 | ₹357.95 | +5.1% |
| 1 month ago · 1 Oct 2026 | ₹388.00 | −3.0% |
| Earliest weekly close in our records · 29 May 2026 | ₹360.00 | +4.5% |
| Highest weekly close since May 2026 · 17 Jul 2026 | ₹530.80 | −29.1% |
| Lowest weekly close since May 2026 · 5 Jun 2026 | ₹339.00 | +11.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (24 weekly closes from 29 May 2026 to 3 November 2026.)

## What is the latest news on Iware Supplychain Services? 3 Nov 2026: Iware Supplychain Services closed at ₹376.35, up 5.1% on the week and down 3.0% on the month. ## What dividend does Iware Supplychain Services pay? The NSE corporate-actions record has no dividend for Iware Supplychain Services since its first NSE close in our records (29 May 2026), so this page cannot show amounts per share. Yes. Iware Supplychain Services Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 6 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Iware Supplychain Services on? Iware Supplychain Services is not on any of our India lists this week. ## Is Iware Supplychain Services profitable? Iware Supplychain Services Ltd earned ₹9.0 Cr of net profit in the Mar 2026 quarter. Full-year FY26 profit was ₹15.0 Cr. Over 5 years profit has grown 71.9% a year on average. That is 5.5% of the quarter's revenue. For the full year, FY26 profit was ₹15.0 Cr (+87.5% on the year before). ## How much revenue does Iware Supplychain Services make, and is it growing? Iware Supplychain Services Ltd reported ₹164 Cr of revenue in the Mar 2026 quarter. Over 5 years it has grown 68.5% a year on average. The last full year, FY26, came in at ₹258 Cr. FY26 revenue was ₹258 Cr, +200.0% on the year before. Recent pace: the last four quarters grew +210.0% on average, against 68.5% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every ₹100 of sales does Iware Supplychain Services keep? Iware Supplychain Services Ltd's operating margin was 11.0% in the Mar 2026 quarter. Across 6 years it has been between 11.0% and 20.0%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is Iware Supplychain Services' profit turning into cash? Over the last 3 years Iware Supplychain Services Ltd's operations used more cash than they brought in, so cash conversion was −15%, a gap worth watching. In FY26 its operations used ₹20.0 Cr of cash, against ₹15.0 Cr of profit. After ₹37.0 Cr of spending on assets, free cash was −₹57.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −15% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: the bigger use of cash is spending on new assets, at 3.9× depreciation over three years. The next section checks what that spending is building. ## Where does Iware Supplychain Services' cash go? Iware Supplychain Services Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 85 days in FY26, up from 82 days in FY21. It spent ₹47.0 Cr on assets over the last 3 years. At FY26 sales of ₹258 Cr, each day of that cycle ties up about ₹0.7 Cr, so roughly ₹60.0 Cr is tied up in the business at any time. Spending on assets: ₹47.0 Cr over the last 3 years, against ₹12.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹12.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Iware Supplychain Services' P/E ratio, and how does it compare with its own history? Iware Supplychain Services Ltd's P/E is 30.1×, near the high end of its own history: higher than 87% of past readings. Its usual P/E (the middle reading) is 20.3×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Iware Supplychain Services business getting better or worse? Iware Supplychain Services Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Iware Supplychain Services earn on its capital? Iware Supplychain Services Ltd earned a ROCE of 28% in FY26. That is up from a low of 10% in FY22. Its return on capital used (ROIC) is 3.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.8% net margin and 1.61× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.8% net margin × 1.61× asset turnover × 2.86× leverage (assets divided by equity) ≈ 26.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 15.7% − 12.0% = +3.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 15.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 23.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Iware Supplychain Services have too much debt? Iware Supplychain Services Ltd had ₹70.0 Cr of borrowings against ₹56.0 Cr of equity in FY26, so its debt is 1.25× its equity. Its operating profit is 6 times its interest bill. Over 5 years borrowings went from ₹18.0 Cr to ₹70.0 Cr. Over the last 3 of those years it spent ₹47.0 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the Iware Supplychain Services shareholding pattern? No group of Iware Supplychain Services Ltd's owners changed its stake by a full percentage point over the last 4 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. ## How far is Iware Supplychain Services from balance-sheet trouble? For Iware Supplychain Services Ltd, the Z-score is 3.48. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.48 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Iware Supplychain Services rank in its industry? 56.2 out of 100, rank 2 of 2 in Transport - Road, with 38% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Iware Supplychain Services Ltd scores 56.2 out of 100 against the 2 companies it is compared with in Transport - Road, ranking 2. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 14.4 + 19.3 + 10 + 12.5 = 56.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Iware Supplychain Services compared with? Iware Supplychain Services ranks 2 of 2 Transport - Road companies on the 4-Factor Sector Score, with 56.2 out of 100. 1. [Globe International Carriers Ltd](https://www.sectoralpha.in/stocks/globe-international-carriers-ltd) GICL · Too little evidence to rank firmly · 42% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.1/43.75 · Revenue n/a · Profit n/a · Operating margin change 14.4 points · 45% evidence Capital efficiency 16.5/31.25 · ROCE 11.2% · Operating margin 21.5% · 76% evidence Valuation 11.4/25 · P/E 43.1× · PEG n/a · 35% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 29.1 + 16.5 + 11.4 = 57 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. Iware Supplychain Services Ltd this page IWARE · quiet · Too little evidence to rank firmly · 38% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.4/35 · Revenue n/a · Profit n/a · Operating margin change -7.8 points · 26% evidence Capital efficiency 19.3/25 · ROCE 28% · Operating margin 11% · 95% evidence Valuation 10.0/20 · P/E 28.6× · PEG n/a · 0% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 20.6% · 1 year n/a · 25% evidence · 6 of 10 weeks ahead Exact sum: 14.4 + 19.3 + 10 + 12.5 = 56.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Mar 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Transport - Road](https://www.sectoralpha.in/sectors/transport-road), all 2 compared on one page. ## Which companies are close to Iware Supplychain Services in size? Iware Supplychain Services is the 2nd largest of 2 Transport - Road companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Globe International Carriers. It is the smallest. ### Transport - Road companies close in size

1. [Globe International Carriers Ltd](https://www.sectoralpha.in/stocks/globe-international-carriers-ltd) ₹421 crore
2. Iware Supplychain Services Ltd ₹412 crore

### Companies close in size in other industries

1. [Plastiblends India Ltd](https://www.sectoralpha.in/stocks/plastiblends-india-ltd) ₹413 crore · Plastics - Plastic & Plastic Products
2. [Forbes & Company Ltd](https://www.sectoralpha.in/stocks/forbes-company-ltd) ₹412 crore
3. Iware Supplychain Services Ltd ₹412 crore
4. [Vishnu Prakash R Punglia Ltd](https://www.sectoralpha.in/stocks/vishnu-prakash-r-punglia-ltd) ₹412 crore · Infra - Construction & Contracting
5. [CLN Energy Ltd](https://www.sectoralpha.in/stocks/cln-energy-ltd) ₹408 crore · Auto Ancillaries - Batteries

## What else do people ask about Iware Supplychain Services? ### What is Iware Supplychain Services's share price today? Iware Supplychain Services Ltd's share price is ₹376.35. The whole company is worth ₹433 Cr on the market. In the last 52 weeks it traded between ₹330 to ₹531; today it is 23% of the way up from the low, 9.6% above its 200-day average. The price has been rising for 72 weeks (as of 3 November 2026). ### What were Iware Supplychain Services's latest quarterly results? Iware Supplychain Services Ltd reported revenue of ₹164 Cr and net profit of ₹9.0 Cr for the Mar 2026 quarter. Earnings per share were ₹8.05. The operating margin was 11.0% (as of 3 November 2026). ### What is Iware Supplychain Services's market cap? Iware Supplychain Services Ltd's market capitalisation is ₹433 Cr at a share price of ₹376.35. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Iware Supplychain Services performing? Iware Supplychain Services Ltd's share price has been rising for 72 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Is Iware Supplychain Services in an uptrend? Yes, the price has been rising for 72 weeks (stage 2 of 4), 9.6% above its 200-day average, and 23% of the way up its 52-week range. A share price tends to move through four phases: moving sideways, rising, stalling and falling (as of 3 November 2026). ### Will Iware Supplychain Services's share price go up? This page does not forecast Iware Supplychain Services Ltd's share price. What it shows instead: the share price is ₹376.35, and it has been rising for 72 weeks. Its P/E of 30.1× is higher than 87% of its own last 2 years (as of 3 November 2026). ### Who owns Iware Supplychain Services? Promoters own 62.8% of Iware Supplychain Services Ltd, foreign institutions , domestic institutions 1.3% and the public 35.9% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Iware Supplychain Services in its business cycle? Iware Supplychain Services Ltd's FY26 operating margin was 11.0%, against a 6-year range of 11.0% to 20.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 11.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Iware Supplychain Services story? Biggest thing to watch: the P/E is higher than 87% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Iware Supplychain Services a stock worth studying right now? What the numbers show: Iware Supplychain Services Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.