TCI Express
TCI Express
Logistics & CargoKey Fundamentals
MicrocapLogistics Solution ProviderLogistics & CargoPrice-based figures as of 09 Oct 2026, 15:57 IST · EPS basis: Consolidated · TTM
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 30.7%
Weaknesses
1- Company has a low return on equity of 13.6% over last 3 years.
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin 10% · Jun 2026
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 305 | 320 | 312 | 317 | 293 | 312 | 296 | 307 | 287 | 309 | 314 | 328 | 313 |
| Expenses | 258 | 270 | 266 | 272 | 260 | 275 | 268 | 281 | 259 | 275 | 282 | 297 | 282 |
| Operating Profit | 46 | 50 | 46 | 45 | 33 | 37 | 29 | 26 | 28 | 34 | 32 | 32 | 31 |
| OPM % | 15% | 16% | 15% | 14% | 11% | 12% | 10% | 9% | 10% | 11% | 10% | 10% | 10% |
| Other Income | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 6 | 4 | 4 | 3 | 1 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 6 | 9 | 7 |
| PBT | 43 | 47 | 42 | 42 | 30 | 34 | 26 | 26 | 26 | 32 | 30 | 23 | 28 |
| Tax % | 25% | 25% | 24% | 24% | 25% | 26% | 26% | 26% | 26% | 25% | 26% | 29% | 26% |
| Net Profit | 32 | 36 | 32 | 32 | 22 | 25 | 19 | 19 | 19 | 24 | 22 | 16 | 20 |
| EPS (₹) | 8.44 | 9.28 | 8.4 | 8.24 | 5.82 | 6.5 | 5 | 5.04 | 5.07 | 6.22 | 5.73 | 4.17 | 5.33 |
Profit & Loss
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 1,241 | 1,254 | 1,208 | 1,237 | 1,264 |
| Expenses | 1,047 | 1,067 | 1,083 | 1,112 | 1,135 |
| Operating Profit | 194 | 187 | 125 | 125 | 129 |
| OPM % | 16% | 15% | 10% | 10% | 10% |
| Other Income | 7 | 7 | 13 | 13 | 13 |
| Interest | 2 | 1 | 1 | 2 | 3 |
| Depreciation | 15 | 19 | 22 | 26 | 27 |
| PBT | 185 | 174 | 115 | 110 | 112 |
| Tax % | 25% | 24% | 26% | 26% | — |
| Net Profit | 139 | 132 | 86 | 81 | 82 |
| EPS (₹) | 36.35 | 34.34 | 22.36 | 21.2 | 21.45 |
| Div. Payout % | 22% | 23% | 36% | 33% | — |
Balance Sheet
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 |
| Reserves | 589 | 696 | 757 | 811 |
| Borrowings | 7 | 10 | 10 | 63 |
| Other Liabilities | 132 | 136 | 144 | 143 |
| Total Liabilities | 735 | 850 | 919 | 1,025 |
| Fixed Assets | 374 | 452 | 462 | 547 |
| CWIP | 61 | 16 | 15 | 29 |
| Investments | 33 | 91 | 148 | 124 |
| Other Assets | 267 | 292 | 293 | 326 |
| Total Assets | 735 | 850 | 919 | 1,025 |
Cash Flow
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Operating | 147 | 136 | 118 | 101 |
| Investing | -65 | -105 | -91 | -89 |
| Financing | -84 | -28 | -32 | -8 |
| Net Cash Flow | -2 | 3 | -5 | 4 |
| Free Cash Flow | 21 | 84 | 89 | -23 |
| CFO/OP | 97 | 94 | 116 | 102 |
Ratios
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 62 | 67 | 68 | 70 |
| Cash Conversion Cycle | 62 | 67 | 68 | 70 |
| Working Capital Days | 37 | 42 | 41 | 43 |
| ROCE % | — | 27% | 15% | 14% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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62 extracted metrics + investor summaries across FY15–FY27.
Documents
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Company Information
TCI Express Limited is an express cargo logistics company with its own set up across India. It carries distribution through various modes of transport and is specialized in offering time definite solutions. [1]
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