Transport Corporation of India

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 9.6% and profit rose 0% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 69% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 14.4 times its yearly earnings (P/E), cheaper than 99% of the time in the last 5 years. Its usual P/E is about 16.

Transport Corporation of India 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)14.4 against a typical 16: cheaper than most peers (1st = cheapest).34th of 82
• Sales growth+9.6% against a typical +15.2% from a year earlier.39th of 65
• Profit growth0% against a typical +4.8% from a year earlier.29th of 51
• Share price, 3 months−5.3% against a typical −6.1%.37th of 75
• Size₹ 6,625.8 Cr. market value against a typical ₹ 127.3 Cr. (1st = largest).5th of 82

Exchange filings and their impact on the company.

• 27 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +0.2% that day
  Strong 15% revenue growth with flat profit, plus Rs 300 cr debt plan to fund heavy capex.

  Transport Corporation of India reported Q2 FY27 consolidated revenue of Rs 1,388 crore, up about 15% from last year, with half-year revenue of Rs 2,636.5 crore. Net profit was largely flat at Rs 116.9 crore in Q2 and Rs 223.5 crore in the half year as higher depreciation and staff costs offset growth, led by strong Seaways performance. The board also approved raising up to Rs 300 crore via secured listed NCDs on private placement to fund expansion, appointed a CEO-Designate for Seaways, and noted the Rs 150 crore buyback at Rs 960 per share is in progress.

  Full analysisFiling
• 12 Oct 2026General UpdatesLow impactPositivePrice +0.1% on 13 Oct
  TCI to buy back 2.03% of shares at Rs 960 for Rs 150 cr, lifting EPS ~2% and cutting net worth ~6%.

  Transport Corporation of India filed its Letter of Offer to buy back up to 15,62,500 shares at Rs 960 each for Rs 150 crore via tender offer, representing 2.03% of capital. Record date was October 9, 2026, with the offer open October 15-22, 2026, and promoters holding 68.66% will not participate. The small buyback at about 12.7% premium to market price should modestly lift EPS and return surplus cash without hurting operations.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Dharmpal P. Agarwal

Executive Chairman of the Board, Managing Director

Ashish Kumar Tiwari

Group Chief Financial Officer

Rajendra Sharma

Chief Executive Officer Designate - TCI Freight

Ram Ujagar Singh

Chief Executive Officer - TCI Seaways Division

Manoj Kumar Tripathi

Chief Executive Officer - TCI Supply Chain Solutions

Hansa Sharma

Chief Compliance Officer, Company Secretary

Vineet Agarwal

Managing Director, Executive Director