TCI Express
- Market cap
- ₹ 1,763 Cr.
- P/E
- 22.2x
- P/B
- 2.2x
- 52-week range
- 447.55 – 705
- ROE
- 11%
- ROCE
- 15%
- Dividend yield
- 1.5%
- Debt / equity
- 0.08
- Sector
- Transport Services
- Industry
- Logistics Solution Provider
- Listed on
- NSE, BSE
About
TCI Express Limited is an India-based company, which is engaged in carrying express cargo distribution through road, rail, air, and water modes. The Company specializes in offering time definite solutions. Its services include surface express, domestic air express, international air express, e-commerce express, consumer to consumer (C2C) express, rail express, and cold chain express. Its value-added services include safety and security of vehicles through tamper-proof locking systems, holiday and late pickup services, key account management, and others. It provides end-to-end logistics to the pharmaceuticals industry, automobile industry, and order management services to customers. Its e-commerce express provides business-to-business (B2B) multi model distribution for optimum on-time delivery with value-added features of cash on delivery. It offers express solutions with over 60000 locations with a fully containerized fleet of vehicles. The Company's subsidiary is TCI Express Pte. Ltd.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Logistics Solution Provider: 83 companies →TCI Express against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22.2 against a typical 16: pricier than most peers (1st = cheapest).49th of 82
- Sales growth+8.7% against a typical +15.2% from a year earlier.42nd of 65
- Profit growth+4.8% against a typical +4.8% from a year earlier.26th of 51
- Share price, 3 months−11.7% against a typical −6.3%.51st of 74
- Size₹ 1,763.1 Cr. market value against a typical ₹ 127.3 Cr. (1st = largest).11th of 82
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | — | — | 29 Sep 2026 |
| CRISIL | Crisil AA- | Stable | 12 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Sep 2026 | Reaffirmed | — | — | ICRA | ₹ 25 Cr. | |
| 12 May 2026 | Reaffirmed | Crisil AA- | — | CRISIL | ₹ 95 Cr. | |
| 24 Sep 2025 | Reaffirmed | — | — | ICRA | ₹ 25 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 6 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 3 Feb 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and dividend |
| 6 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Aug 2025 | Financial Results | TCIEXP : 14-Aug-2025 : The Company has informed the Exchange that a Board meeting to be held on July 30, 2025 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 14, 2025, To consider and approve the financial results for the period ended Jun 30, 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 320 | 312 | 317 | 293 | 311 | 296 | 307 | 287 | 309 | 314 | 327 | 312 |
| Expenses | 270 | 266 | 272 | 259 | 273 | 266 | 279 | 257 | 273 | 281 | 294 | 278 |
| Operating Profit | 50 | 46 | 45 | 34 | 38 | 30 | 28 | 30 | 35 | 33 | 33 | 34 |
| OPM % | 16% | 15% | 14% | 11% | 12% | 10% | 9% | 10% | 11% | 11% | 10% | 11% |
| Other Income | 2 | 2 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 4 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 6 | 9 | 7 |
| Profit before tax | 47 | 42 | 42 | 30 | 35 | 27 | 27 | 28 | 33 | 30 | 27 | 30 |
| Tax % | 25% | 24% | 24% | 24% | 25% | 25% | 24% | 24% | 24% | 25% | 24% | 24% |
| Net Profit | 36 | 32 | 32 | 23 | 26 | 21 | 21 | 21 | 25 | 23 | 21 | 22 |
| EPS in Rs | 9.28 | 8.4 | 8.24 | 6.03 | 6.86 | 5.39 | 5.39 | 5.48 | 6.55 | 5.96 | 5.41 | 5.83 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 8%
- 3 Years
- 0%
- TTM
- 5%
- 10 Years
- 148%
- 5 Years
- −2%
- 3 Years
- −14%
- TTM
- 3%
- 10 Years
- —
- 5 Years
- −16%
- 3 Years
- −27%
- TTM
- —
- 10 Years
- 21%
- 5 Years
- 18%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| TCI Express | ₹ 473.00 | ₹ 1,763 Cr. | 22.2x | 2.2x | 11% | — |
| Shadowfax Technologies Ltd | ₹ 274.30 | ₹ 16,094 Cr. | 102.4x | 7.5x | 10.4% | 2.7% |
| MFL India | ₹ 0.38 | ₹ 14 Cr. | 9.5x | — | — | 2.4% |
Management
- Mukti Lal
- Chief Financial Officer, Executive Director
- Priyanka ..
- Compliance Officer, Company Secretary
- Chander Agarwal
- Managing Director, Executive Director
- Pabitra Mohan Panda
- Chief Business Officer
- Ashok Kumar Pandey
- Chief Operating Officer - Regional Express Manager
- Shivi Suri
- Chief Operating Officer - Air Cargo (International & Domestic)
Prices are delayed and for information only. Nothing on this page is investment advice.