Added to YB: 2026-10-08
Pitch date: 2026-10-03
WTICAB-SM.NS [bullish]
Wise Travel India Limited
+1%
current return
Author Info
Zen Nivesh analyses India’s equity markets to help you discover high-conviction, research-backed stock ideas—long before they hit the mainstream. Our edge lies in identifying fundamentally strong, underfollowed companies with serious upside potential. Sign up for the newsletter.
Company Info
Wise Travel India Limited provides car rental services for corporates and non-corporates in India. It offers car rental, including corporate car rentals comprising luxury cars, sedans, SUVs, coaches, and other vehicle categories; end-to-end employee transport solutions; fixed and monthly rental solutions; airport mobility services; fleet management; mobility services for MICE; technology-driven mobility solutions; project-based transportation solutions; strategic mobility consulting and advisory; and community commute solutions.
Market Cap
INR 2.4B
Pitch Price
INR 95.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.54
P/E
7.98
EV/Sales
0.40
Sector
Ground Transportation
Category
growth
Wise Travel India [WTi Cabs]: A Deep Dive!
WTICAB-SM.NS (overview): WTi Cabs’ B2B corporate-mobility franchise is now making an ambitious shift from asset-light aggregation toward owned fleets, including roughly 1,000 Uber Black vehicles in FY26 and about 1,000 more planned for FY27. Shares are down 70% from their peak and trade at 8x TTM earnings versus 30x previously, but the case hinges on utilisation and returns keeping pace with rising debt, depreciation and fleet ownership; related-party dealings also remain monitorable.
Read full article (12 min)