TCI Express Limited

Services · Transport Services

NSE: TCIEXP BSE: 540212

₹521.65

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Transport Services

The largest companies in the same industry by market cap. This company ranks #19 of 74. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
InterGlobe Aviation Limited	192,710	—	-34.3%	-11.1%	—	34	0	67
Container Corporation of India Limited	34,082	27.4	9.5%	-15.0%	—	64	49	27
Delhivery Limited	30,680	104.0	1.6%	-5.7%	—	46	50	28
The Great Eastern Shipping Company Limited	22,272	7.1	17.3%	56.8%	2.71%	71	98	92
Shadowfax Technologies Limited	16,397	—	—	—	—	73	0	81
Shipping Corporation Of India Limited	12,600	6.9	14.9%	21.0%	2.77%	85	92	29
Shreeji Shipping Global Limited	12,551	75.3	19.9%	216.9%	0.13%	90	0	92
BLACKBUCK LIMITED	11,072	65.0	11.3%	-4.1%	—	76	33	51
TCI Express Limited (this stock)	2,004	22.1	9.9%	-28.7%	1.34%	64	41	67

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹2,002 Cr

EV / EBITDA

13.4x

EV / Sales

1.59x

Market cap / Sales

1.59x

Earnings yield

4.53%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 315 Cr, up 8.7% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 22 Cr, up 6.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	312	30	22	₹5.6900
March 31, 2026	327	27	21	₹5.4100
Dec. 31, 2025	314	30	23	₹5.9600
Sept. 30, 2025	309	33	25	₹6.5500
June 30, 2025	287	28	21	₹5.5500
March 31, 2025	307	27	21	₹5.3800
Dec. 31, 2024	296	27	21	₹5.3900
Sept. 30, 2024	311	35	26	₹6.8600
June 30, 2024	293	30	23	₹6.0400
March 31, 2024	317	42	32	₹8.2400
Dec. 31, 2023	312	42	32	₹8.4000
Sept. 30, 2023	320	47	36	₹9.2700
June 30, 2023	305	43	32	₹8.4100

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	315	331	317	312	290	313	299	314	295	319	314	322	306
Operating revenue	312	327	314	309	287	307	296	311	293	317	312	320	305
Other income	3	4	3	3	3	6	3	2	2	2	2	2	1
Operating expenses	278	294	280	273	257	279	266	273	259	272	266	270	258
Operating profit	34	33	34	35	30	28	30	38	34	45	46	50	46
Operating profit margin	10.8%	10.1%	10.7%	11.5%	10.4%	9.2%	10.3%	12.2%	11.4%	14.1%	14.6%	15.8%	15.2%
Depreciation	7	9	6	5	5	6	5	5	5	5	5	5	5
Interest	1	1	0	0	0	0	0	0	0	0	0	0	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	30	27	30	33	28	27	27	35	30	42	42	47	43
Tax	7	6	8	8	7	7	7	9	7	10	10	12	11
Net profit	22	21	23	25	21	21	21	26	23	32	32	36	32
EPS	5.69	5.41	5.96	6.55	5.55	5.38	5.39	6.86	6.04	8.24	8.40	9.27	8.41
Net profit (TTM)	91	90	90	88	89	91	102	113	122	132	139	144	140
EPS (TTM)	23.61	23.47	23.44	22.87	23.18	23.67	26.53	29.54	31.95	34.32	36.12	37.54	36.32

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,236	119	90
March 31, 2025	1,208	120	91
March 31, 2024	1,254	174	132
March 31, 2023	1,241	185	139

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Total income (before exceptional items)	—	8.0%	1,250^†	1,221^†	1,261^†	—	1,090^†	852^†	1,036^†	1,027^†	887^†
Operating revenue	-0.1%	7.9%	1,236	1,208	1,254	1,241	1,081^†	844^†	1,032^†	1,024^†	885^†
Other income	—	—	14^†	13^†	7^†	—	8^†	8^†	4^†	3^†	2^†
Operating expenses	—	—	1,104^†	1,078^†	1,067^†	—	907^†	710^†	911^†	905^†	794^†
Operating profit	—	-0.3%	132^†	130^†	187^†	—	175^†	134^†	121^†	119^†	91^†
Operating profit margin	—	—	10.7%^†	10.8%^†	14.9%^†	—	16.2%^†	15.9%^†	11.8%^†	11.6%^†	10.2%^†
Depreciation	—	—	26^†	22^†	19^†	—	10^†	9^†	8^†	7^†	5^†
Interest	—	—	2^†	1^†	1^†	—	1^†	1^†	1^†	4^†	4^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	—	0^†	0^†	0^†	0^†	0^†
Profit before tax	-13.7%	-2.1%	119	120	174	185	172^†	132^†	117^†	112^†	84^†
Tax	—	—	29^†	29^†	42^†	—	43^†	32^†	28^†	39^†	25^†
Net profit	-13.6%	-2.2%	90	91	132	139	129^†	101^†	89^†	73^†	58^†
EPS	—	-2.0%	23.47^†	23.67^†	34.32^†	—	33.38^†	26.03^†	23.01^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Operating margin	10.7%^†	10.8%^†	14.9%^†	—	16.2%^†	15.9%^†	11.8%^†	11.6%^†	10.2%^†
EBIT margin	9.8%^†	10.0%^†	14.0%^†	—	16.0%^†	15.8%^†	11.4%^†	11.3%^†	9.9%^†
PBT margin	9.6%	9.9%	13.9%	14.9%	15.9%^†	15.7%^†	11.3%^†	10.9%^†	9.5%^†
Net margin	7.3%	7.5%	10.5%	11.2%	11.9%^†	11.9%^†	8.6%^†	7.1%^†	6.6%^†
Interest coverage	63.84x^†	97.11x^†	119.35x^†	—	194.29x^†	172.70x^†	130.94x^†	30.59x^†	23.29x^†
Dividend payout	38.3%^†	33.8%^†	23.3%^†	—	24.0%^†	7.7%^†	20.0%^†	—	—
Earnings retention	61.7%^†	66.2%^†	76.7%^†	—	76.0%^†	92.3%^†	80.0%^†	—	—
Current ratio	3.16x	3.18x	—	—	—	—	—	—	—
Quick ratio	3.16x	3.18x	—	—	—	—	—	—	—
Debt to equity	0.01x	0.00x	—	—	—	—	—	—	—
Return on equity	10.8%	11.8%	—	—	—	—	—	—	—
Return on assets	9.0%	9.8%	—	—	—	—	—	—	—
Return on capital employed	13.9%^†	15.4%^†	—	—	—	—	—	—	—
Asset turnover	1.24x	1.31x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	104	-62	-41	79	24
March 31, 2025	118	-88	-32	43	75
March 31, 2024	136	-108	-28	52	84
March 31, 2023	147	-65	-84	126	21
March 31, 2022	111	-89	-31	80	30

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,000	829	821	10	0	415	132	11	493	0
March 31, 2025	923	769	762	0	0	428	134	11	451	0
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.