Please refer attached outcome of Board Meeting for details on ESOP grant
TCIEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TCI Express Limited reported audited standalone Q4 FY26 revenue of Rs 234.64 crore with PAT of Rs 20.77 crore. For full year FY26, standalone revenue grew 2.3% to Rs 1,236.16 crore while PAT jumped 10.8% to Rs 90.23 crore. The Board approved re-appointment of Mr. Chander Agarwal as Managing Director for 5 years from August 2026 and appointed two new Independent Directors - Mr. Pavan Kumar Munjuluri and Mr. Vikram Singh Mehta. The company also granted 46,200 stock options under ESOP 2016 (10th tranche) at Rs 250 per option. Management remains confident of prevailing against a Rs 51.36 crore GST demand notice which is under appeal. The company added a new subsidiary - TCI Global (Singapore) Pte. Ltd. effective January 2026.
Strong earnings growth of 10.8% in PAT indicates operational efficiency improvement. ESOP grant aligns employee and shareholder interests. Leadership continuity with Chander Agarwal's re-appointment provides stability. GST demand remains a contingent liability but management appears confident.