Skip to content
thestock.space

As of 6 Nov 2026, TCI Express trades at 22.3× trailing earnings, above the industry P/E of 16.1×, and the shares are 24% below their 52-week high. Sales and net profit fell 0.1% and 16% a year over 3 years, with ROCE of 13% and ROE of 10%. It carries very little debt, and its dividend yield is 1.4%. It is a small-cap company with a market cap of ₹1,877 Cr, ranked 9th of 43 Integrated Freight & Logistics companies by market cap; the shares fell 27% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹500.00
Day high
₹500.00
Day low
₹480.00
Prev. close
₹501.20
Volume
22.3K

Health check

1 good · 1 fair · 4 to check
  • ReturnsBehind

    −27.4% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 22.3 vs industry 16.1.

  • GrowthShrinking

    Sales −0.1%, profit −16.4% a year over 3 years.

  • ProfitabilityAverage

    ROCE 12.6% vs peer median 9.0%.

  • Balance sheetStretched

    Debt 0.08× equity, interest covered 59.4×, Piotroski 3 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Integrated Freight & Logistics

42 listed peers. Screen the industry

Small cap

₹1,877 Cr, #9 of 43 in its industry by size.

Defensive

Beta 0.35 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,264 Cr · profit ₹82 Cr
Market cap
₹1,877 Cr
Small cap
P/E
22.3
Industry 16.1
Price to book
2.29
Peers 3.34
Dividend yield
1.40%
ROE
10.3%
Peers 9.6%
ROCE
12.6%
Peers 9.0%
Debt to equity
0.08
Debt ₹63 Cr
EPS (TTM)
₹21.88
Face value ₹2
OPM (TTM)
8.0%
Net margin 6.5%
Sales growth
+9.3%
Latest quarter vs a year ago
Profit growth
+5.2%
Latest quarter vs a year ago
Price to sales
1.48
EV/EBITDA 15.2

Strengths and risks

Strengths

  • Practically debt-free.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About TCI Express

TCI Express Limited provides express delivery solutions in India and internationally. It provides surface express; domestic and international air express; e-commerce express; C2C express; rail express; and cold chain express services. The company serves pharmaceuticals and cold chain, defense and aerospace, engineering, automobile and component, consumer durables, SME, textile and lifestyle, solar and electric vehicles, and Home improvement and lifestyle…

Headquarters
Gurugram
Employees
2,441
Sector
Industrials
ISIN
INE586V01016

Price range

52 weeks

₹447.55₹645.00

Today

₹480.00₹500.00
Avg volume (3M)
1.4 L
1-year return
minus 27.4%
From 52-week high
minus 24.3%

Analyst consensus

11 analysts
No consensusMean target ₹616.00 plus 26.2%

Target range, with today’s price

Low ₹500.00High ₹770.00

Today’s price ₹488.20 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Integrated Freight & Logistics

Company
DELHIVERYDelhivery428.00minus 0.48%32,080176.93.282.6%1.9%0.1%13.2%–0.00%minus 11.3%
SHADOWFAXShadowfax Technologies288.25minus 0.88%16,97167.38.95–17.4%6.2%43.7%–0.00%plus 162.1%
BLUEDARTBlue Dart Express4,541.30minus 0.76%10,77634.86.0616.9%14.8%6.7%5.9%−12.6%0.55%minus 28.2%
TCITransport Corporation of India861.45minus 1.38%6,48514.42.3718.1%17.7%7.6%9.1%12.9%1.16%minus 26.1%
LEAPINDLEAP India121.97plus 0.05%5,37371.73.349.0%9.6%22.9%42.4%90.5%0.00%minus 15.8%
TVSSCSTVS Supply Chain Solutions117.07minus 1.62%5,17480.22.549.0%6.0%2.3%3.3%42.1%0.00%minus 8.2%
MAHLOGMahindra Logistics421.10plus 0.10%4,18155.83.48–7.1%2.3%––0.59%plus 22.2%
TCIEXPTCI Express488.20minus 2.59%1,87722.32.2912.6%10.3%7.8%−0.1%−16.4%1.40%minus 27.4%
Median of 7 peers–−0.76%6,48567.33.349.0%9.6%6.2%11.2%27.5%0.00%−11.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
287309314328313
264280288306289
22.828.126.422.224.4
7.9%9.1%8.4%6.8%7.8%
3.84.23.53.84
0.30.40.31.20.8
–––−2.3–
26.33229.622.527.6
25.9%25.2%25.6%28.8%25.9%
19.523.9221620.5
5.126.215.724.765.19

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−0.1%
Profit CAGR 3Y
−16.4%
EPS CAGR 3Y
−16.4%
ROE
10.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,2411,2541,2081,237
–+1.0%minus 3.6%+2.4%
1,0441,0631,0801,106
197190128131
15.9%15.2%10.6%10.6%
4.63.97.411.6
1.51.211.9
15.61921.925.7
−0.4−0.22.9−5
185174115110
24.5%24.3%25.5%26.2%
13913285.881.4
–minus 5.5%minus 34.8%minus 5.1%
36.2034.2722.3121.16

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7.77.77.77.7
589696757811
7.110.59.963.4
132136144143
7358509191,025
432463478591
61.116.120.345.5
0.40.510.112.1
46107155137
195264256239
7358509191,025

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
147136118101
−64.7−105−91.5−88.9
−83.7−27.8−32.2−8.1
−1.93.2−5.34.4
−126−52.2−50.6−125
20.883.967.8−23.9
−30.8−30.7−30.7−34.6

Shareholding pattern

Source: NSE filings
69.4%
promoters
  • Promoters69.42%
  • Public30.58%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202669.42%30.58%minus 0.04
30 Jun 202669.46%30.54%0.00
31 Mar 202669.46%30.54%0.00
31 Dec 202569.46%30.54%0.00
30 Sep 202569.46%30.54%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you