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NSE:TCIEXP

TCI EXPRESS LIMITED

Services › Transport Services
₹480.40
at close · 28 Oct 2026
▲ 10.90 (+2.32%)

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. TCI Express board to approve Q2 and first-half results on November 5 · Results
  2. No re-lodgment requests for physical shares in Q2 FY27 · Compliance
  3. Compliance certificate for Q2 FY27 dematerialisation filings · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a logistics solution provider offering express cargo and surface transportation services in India. The business generated Rs 1,237.53 cr in revenue in FY26, with an EBITDA margin of 11.17% and net profit of Rs 81.43 cr. The cost structure is dominated by 'other operating expenses' at 78.1% of revenue, which in a surface-logistics setup covers hired transport, fuel, hub and line-haul costs; employee costs add 11.8% and depreciation 2.1%. The fleet is being progressively decarbonised, with 214 CNG vehicles and 58 electric vehicles added recently, taking the clean-energy share of the fleet to 13.2%. Cargo is also moved by rail, with 8,936.6 MT transported by that mode, which the company says avoided 1,439 tCO2e of emissions. Total assets crossed Rs 1,000 cr in FY26, the company is debt-free, and cash from operations stood at Rs 103.80 cr; dividend per share was raised to Rs 7.

Operating scale
Revenue
Rs 1,237.53 crFY26
Clean-energy share of fleet
13.2% (214 CNG + 58 EVs added)FY26
Rail cargo transported
8,936.6 MTFY26
Total assets
Rs 1,024.75 crFY26
Cash from operations
Rs 103.80 crFY26
Renewable energy share
20%FY26
Who pays it
Indian businesses requiring express cargo and surface transport services
Biggest cost
Other operating expenses at 78.1% of revenue (transport, fuel, hub and line-haul costs)
Kind of business
Service-oriented, asset-heavy surface logistics and express cargo operator
Where it sits
Mid-cap listed logistics provider classified under Transport Services / Logistics Solution Provider on NSE and BSE
Market Cap
₹1,845 Cr
P / E (TTM)
21.9×
EV / EBITDA
13.1×
Div Yield
1.87%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
12.6%▲
ROCE (FY26)
ROE 9.9% · margin 11.2%
Leverage
0.04·
Debt / Equity · low
Net debt ₹17 Cr
Revenue FY23→FY26
1.0×▼
Margin −4.6 pts
₹1,241 Cr → ₹1,238 Cr
Cash conversion
1.15×▲
Operating cash ÷ profit · 4 yrs
₹502 Cr on ₹438 Cr
Moves on a normal day
1.24%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 55 Logistics Solution Provider peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#35/51
P/B#26/40
ROCE#14/55
ROE#11/40
Debt / Equity#8/40
EBITDA margin#19/43
Revenue growth#23/42
Profit growth#22/35

Scorecard

Measured from the filed financials, judged against its Logistics Solution Provider peers · as of FY26 — not investment advice

Strengths
Returns on capital 12.6%
#14 of 55 in Logistics Solution Provider on the latest reported figures · down from 30.5% in FY23
Debt at 0.04× equity
lower than 82% of its 40 Logistics Solution Provider peers
Over 4 years it reported ₹438 Cr of profit and ₹502 Cr of operating cash — 1.15×
Profit is converting into cash
Pays out 43% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

TCIEXP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from TCI EXPRESS LIMITED's filed financials and exchange disclosures

What does TCI EXPRESS LIMITED do?

TCI EXPRESS LIMITED is a Transport Services company listed on NSE and BSE, trading under the symbol TCIEXP.

Is TCI EXPRESS LIMITED profitable?

Yes. Over the trailing twelve months TCI EXPRESS LIMITED reported a net profit of ₹82 Cr on revenue of ₹1,264 Cr.

Does TCI EXPRESS LIMITED pay a dividend?

Yes. The dividend yield is 1.87% at the current price. It paid out 43% of its profit as dividend in FY26.

Is TCI EXPRESS LIMITED debt-free?

No. It reported borrowings of ₹33 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹17 Cr after cash. Debt stands at 0.04× equity. That is lower than 82% of its 40 Logistics Solution Provider peers.

Is TCI EXPRESS LIMITED expensive compared with its peers?

On trailing P/E, TCI EXPRESS LIMITED ranks 35 of 51 in Logistics Solution Provider — cheaper than 32% of them, against an industry median of 15.6×. This is a position, not a valuation judgement.

How much does the TCI EXPRESS LIMITED share price move in a day?

On a typical session TCI EXPRESS LIMITED moves 1.24% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are TCI EXPRESS LIMITED's next results?

Financial Results on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track TCI EXPRESS LIMITED's announcements?

Every NSE and BSE filing by TCI EXPRESS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.