Western Overseas Study Abroad Ltd (544636)
Latest quarterly results (Q1 FY26)
In its latest reported quarter, Q1 FY26, Western Overseas' revenue was ₹4.9 Cr, and net profit ₹0.5 Cr; the operating margin was 17.8%.
| Q1 FY26 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹4.9 | — | — |
| Operating profit | ₹0.9 | — | — |
| Net profit | ₹0.5 | — | — |
| EPS (₹) | 1.28 | — | — |
| Operating margin | 17.8% | — | — |
📢 Recent Corporate Announcements
Western Overseas Study Abroad Limited announced operational updates regarding its global expansion initiatives across education and recruitment. In September 2026, the company held education fairs across 12 locations generating 960-1,000 walk-ins and 120-150 enrolments, with 18 more fairs planned. Additionally, overseas recruitment initiatives in Dubai yielded 15 drives, 180 enrolments from 1,700 candidates, and an upcoming drive for 1,200 to 1,500 vacancies across 3 employers. The company also engaged with 60+ employers at the Alliance Expo in St. Petersburg to explore Russian employment pathways.
- Conducted 12-city education fairs in September 2026 resulting in 960-1,000 walk-ins and 120-150 student enrolments
- Planned 18 upcoming education fairs during October to December 2026
- Organised 15 work visa recruitment drives for Dubai between August and September 2026, enrolling ~180 candidates from ~1,700 walk-ins
- Upcoming Dubai job fairs in October 2026 targeting 1,000-1,500 candidates across 1,200-1,500 vacancies with 3 employers
- Met 60+ international employers at the Alliance Expo in St. Petersburg, Russia to build overseas job mobility
Western Overseas Study Abroad Limited submitted its corporate investor presentation ahead of an investor meet scheduled for September 3, 2026. For FY26, the company reported revenue from operations of ₹2,027.45 Lakhs (down from ₹2,272.52 Lakhs in FY25) with an EBITDA of ₹456.17 Lakhs (22.4% margin) and PAT of ₹272.78 Lakhs (13.5% margin). The company operates across 12 offices (1 Head Office and 11 branches) with 18+ destination countries and reported a 79.38% visa approval rate in FY26. Balance sheet highlights include a net cash position of ₹289 Lakhs and net worth of ₹1,853.47 Lakhs post-IPO listing in December 2025.
- FY26 revenue stood at ₹2,027.45 Lakhs with EBITDA of ₹456.17 Lakhs (22.4% EBITDA margin) and PAT of ₹272.78 Lakhs
- Net cash position reached ₹289 Lakhs at FY26-end (Cash of ₹499.28 Lakhs vs total borrowings of ₹210.15 Lakhs)
- Net worth expanded to ₹1,853.47 Lakhs (NAV per share ₹30.8) following IPO primary capital infusion of ₹932 Lakhs
- Visa-segment enrolments reached 2,563 in FY26 with a 79.38% visa approval rate across 18+ destination countries
Western Overseas Study Abroad Ltd has scheduled a virtual group meeting with analysts and investors on Thursday, September 3, 2026, at 2:00 PM IST. The interaction will focus exclusively on publicly available information without discussing any unpublished price-sensitive information (UPSI). The company recorded FY26 annual revenue of ₹20.27 crore with a net profit of ₹2.73 crore. This is a routine investor interaction under Regulation 30 of SEBI LODR Regulations.
- Meeting Date: Scheduled for Thursday, 03rd September, 2026
- Meeting Time: 02:00 P.M. IST
- Format: Virtual group meeting with analysts and investors
- Compliance: Discussion strictly restricted to publicly available information
Western Overseas Study Abroad Ltd has received the HTDS Millennial Award 2026 for 'Excellence in Immigration & Visa Consultancy.' The award was presented to the Managing Director, Mr. Pardeep Balyan, by the Punjab Cabinet Minister. The company has explicitly stated that this is a voluntary disclosure and does not constitute a material event under SEBI regulations. For context, the company reported FY26 revenue of ₹20.27 crore and a net profit of ₹2.73 crore.
- Received the HTDS Millennial Award 2026 for Excellence in Immigration & Visa Consultancy on August 10, 2026
- Award presented by Shri Harpal Singh Cheema, Hon’ble Cabinet Minister, Government of Punjab
- Company reported FY26 revenue of ₹20.27 crore and net profit of ₹2.73 crore
- Maintains a high ROCE of 38.0% with a debt of ₹4 crore as per latest financial context
Western Overseas Study Abroad Ltd has scheduled its 13th Annual General Meeting (AGM) for August 31, 2026. This follows the conclusion of FY26, where the company reported a revenue of ₹20.27 Cr and a net profit of ₹2.73 Cr. The company maintains a strong ROCE of 38.0% and a stable promoter holding of 70.09%. The meeting will be held at the registered office to transact standard annual business.
- 13th Annual General Meeting (AGM) to be held on August 31, 2026
- Company reported FY26 annual revenue of ₹20.27 Cr
- FY26 net profit stood at ₹2.73 Cr with operating margins of 22.15%
- Promoter holding remains stable at 70.09% as of March 2026
- Company carries a debt of ₹4 Cr against a net worth of ₹7 Cr
Western Overseas Study Abroad Ltd has released its FY26 Annual Report, reporting a Net Profit of ₹2.73 crore, up from ₹2.21 crore in FY25, despite a revenue decline to ₹20.27 crore from ₹22.69 crore. The company has significantly deleveraged, with its Debt-Equity ratio improving to 0.11 from 0.59. A key agenda for the upcoming AGM on August 31, 2026, is a proposed name change to 'Western Overseas Global Solutions Limited' and an alteration of the object clause, signaling a potential broadening of business scope. Return on Equity (ROE) compressed to 14.7% from 33.9% following the company's recent listing and increased equity base.
- Net Profit after tax increased to ₹2.73 crore in FY26 from ₹2.21 crore in FY25.
- Revenue from operations declined by approximately 10.6% to ₹20.27 crore in FY26.
- Debt-Equity ratio improved by 80.78%, dropping to 0.11 from 0.59 in the previous year.
- Return on Equity (ROE) decreased to 14.7% from 33.9% due to the expanded equity base post-listing.
- Proposed name change to 'Western Overseas Global Solutions Limited' to be voted on at the AGM on August 31, 2026.
Western Overseas Study Abroad Ltd has submitted its statement of utilization for the ₹10.07 crore raised via its IPO in December 2025. For the quarter ended June 30, 2026, the company utilized ₹1.62 crore, with the largest expenditure being ₹1.18 crore on advertisement expenses. The company corrected a minor previous error where ₹11.39 lakhs of GST was inadvertently paid from IPO funds by reimbursing it from internal accruals. As of June 30, 2026, a balance of ₹3.15 crore remains unutilized and is parked in bank accounts and FDRs.
- Total IPO proceeds of ₹10.07 crore raised in December 2025 at ₹56 per share.
- Utilized ₹1.62 crore during the June 2026 quarter across software, advertising, and corporate purposes.
- Remaining unutilized balance stands at ₹3.15 crore as of June 30, 2026.
- Reimbursed ₹11.39 lakhs to the IPO account from internal accruals to correct a previous GST payment error.
- Significant remaining allocation of ₹2.39 crore for acquisition and installation of software.
Western Overseas Study Abroad Ltd has scheduled its 13th Annual General Meeting (AGM) for August 31, 2026. To facilitate this, the company will close its register of members and share transfer books from August 24, 2026, to August 31, 2026. This is a standard procedural filing required under the Companies Act and SEBI regulations. The company recently reported FY26 revenue of ₹20.27 crore and a net profit of ₹2.73 crore, maintaining a high ROCE of 38.0%.
- 13th Annual General Meeting (AGM) to be held on August 31, 2026
- Book closure period set from August 24, 2026, to August 31, 2026 (8 days)
- Company reported FY26 revenue of ₹20.27 crore
- Net profit for FY26 was ₹2.73 crore with an operating margin of 22.15%
- Promoter holding remains stable at 70.09% as of March 2026
Western Overseas Study Abroad Ltd has announced a proposal to change its name to 'Western Overseas Global Solutions Limited' and alter its Memorandum of Association (MOA) object clause, suggesting a potential strategic pivot or expansion. The Board also appointed Ms. Ambika Jindal, a technology professional with 12 years of experience, as an Independent Director effective August 5, 2026. Additionally, remuneration revisions for the Managing Director and Whole-Time Director were approved within statutory limits. The Annual General Meeting (AGM) is scheduled for August 31, 2026, with the share transfer books closing from August 24 to August 31.
- Annual General Meeting (AGM) scheduled for August 31, 2026, at 10:00 AM
- Proposed name change to Western Overseas Global Solutions Limited pending shareholder approval
- Appointment of Ms. Ambika Jindal as Independent Director with 12+ years of experience in IT and strategy
- Cut-off date for e-voting set for August 21, 2026
- Revision of remuneration for MD Pardeep Balyan and WTD Rekha Rani within Section 197 limits
Western Overseas Study Abroad Ltd has scheduled its Annual General Meeting (AGM) for August 31, 2026. The board has recommended changing the company name to 'Western Overseas Global Solutions Limited' and altering the object clause of the Memorandum of Association, signaling a potential broadening of business scope. Additionally, the board approved the appointment of Ms. Ambika Jindal as an Independent Director and revised the remuneration for the Managing Director and Whole-Time Director. These proposals are subject to shareholder approval at the upcoming AGM.
- Annual General Meeting (AGM) scheduled for August 31, 2026, at 10:00 AM
- Proposed name change to Western Overseas Global Solutions Limited to reflect broader operations
- Appointment of Ms. Ambika Jindal as Additional Independent Director effective August 5, 2026
- Revision of remuneration for MD Mr. Pardeep Balyan and WTD Mrs. Rekha Rani approved
- Book closure for share transfers set from August 24 to August 31, 2026
Western Overseas Study Abroad Ltd and its Managing Director, Mr. Pardeep Balyan, have been conferred with the 'Award for Excellence in Immigration & Visa Consultancy' at the Times Leadership Summit & Icons 2026. The company has explicitly stated that this is a voluntary disclosure and does not constitute a material event under SEBI regulations. Financially, the company reported FY26 revenue of ₹20.27 cr and a net profit of ₹2.73 cr, maintaining a high ROCE of 38.0%. This recognition is primarily a brand-building event with no direct impact on immediate financial performance.
- Awarded for Excellence in Immigration & Visa Consultancy at the Times Leadership Summit & Icons 2026
- Managing Director Mr. Pardeep Balyan received the award on August 1, 2026
- Company reported FY26 revenue of ₹20.27 cr, a slight decrease from ₹22.69 cr in FY25
- Maintains a high Return on Capital Employed (ROCE) of 38.0%
- Debt-to-Equity ratio stands at 0.63 with a total debt of ₹4 cr
Western Overseas Study Abroad Limited has announced strategic agreements with multiple international educational institutions across Canada, Russia, New Zealand, Europe, and the Middle East. Key partnerships include the RACUS Group in Russia, representing over 20 state universities, and three major Canadian colleges (Canadore, Centennial, and Fanshawe). These agreements authorize the company to recruit and assist Indian students with admissions, directly broadening its service portfolio. For FY26, the company reported a revenue of ₹20.35 Cr and a PAT of ₹2.73 Cr, providing a stable financial backdrop for this network expansion.
- Signed agreements with RACUS Group, Russia, providing access to a network of 20+ Russian State Universities
- Established partnerships with 3 major Canadian institutions: Canadore, Centennial, and Fanshawe Colleges
- Appointed as Authorized Educational Advisor for South Asia for AD Education Group (Europe)
- Reported FY26 Total Revenue of ₹2,034.52 Lakhs with a PAT of ₹272.78 Lakhs
- Maintains a growing network of over 200 partner universities and 11 branch offices across North India
Western Overseas Study Abroad Ltd participated in the Amar Ujala Medhavi Samman Samaroh 2026 on July 23, 2026, in Rohtak, Haryana. The event was attended by over 800 people, including more than 400 student toppers, providing the company a platform to engage with its core target demographic. Managing Director Pardeep Balyan was recognized by the Chief Minister of Haryana for the company's contribution to educational excellence. The company noted this is a voluntary disclosure and does not constitute a material event under SEBI regulations.
- Participated in Amar Ujala Medhavi Samman Samaroh 2026 on July 23, 2026
- Event witnessed participation of over 800 total attendees
- Felicitation of more than 400 student toppers and their parents
- Managing Director Pardeep Balyan received a memento from the Chief Minister of Haryana
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