Please refer attached outcome for revised Policy
TCIEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TCI Express reported audited FY2026 standalone revenue of ₹1,236.16 Cr (vs ₹1,208.27 Cr in FY2025) and net profit of ₹90.23 Cr, roughly flat YoY. Consolidated revenue stood at ₹1,237.41 Cr with net profit of ₹85.05 Cr. The Board re-appointed Chander Agarwal as Managing Director for another 5 years (from August 2026) and Vineet Agarwal as director (rotational). Two new Independent Directors – Pavan Kumar Munjuluri and Vikram Singh Mehta – were appointed for 5-year terms. The company revised its Nomination & Remuneration Policy to strengthen succession planning for directors, KMPs and SMPs. A fresh ESOP grant of 46,200 options at ₹250 per option (10th tranche under ESOP 2016) was approved for eligible employees. An Executive Committee was constituted for operational decision-making. The company flagged a pending GST demand of ₹51.36 Cr (plus interest/penalty) for the period July 2017–March 2022 on reverse charge mechanism for GTA supplies; the first appeal was rejected and a further appeal is intended, with management confident of a favorable outcome. Auditors gave an unmodified opinion. The 18th AGM date is to be announced.
Steady revenue growth with flat net profit signals margin pressure. New independent directors and a strengthened succession policy improve governance. The ₹51.36 Cr GST demand remains a contingent liability risk. ESOP grant aligns employee interests. No major stock-price catalyst from this update.