TCI Express Ltd
TCI Express Ltd (TCIEXP) last reported results for the quarter ended Jun 2026, with sales of ₹313 crore and net profit of ₹20 crore. The stock last traded at ₹495, a market capitalisation of ₹1,903 crore, on a P/E of 22.7. Over the past 52 weeks the stock has ranged between ₹448 and ₹722. Figures are as of 6 Oct 2026 and are not real time.
TCI Express Ltd share price and key metrics
- Current price
- ₹495
- Market cap
- ₹1,903 cr
- Stock P/E
- 22.7
- Book value
- ₹213
- ROE
- 10.4%
- ROCE
- 13.8%
- Dividend yield
- 1.41%
- 52w high / low
- 722/448
Metrics as of 6 Oct 2026. Not real time.
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TCI Express Ltd growth and returns
- 10 Years
- %
- 5 Years
- %
- 3 Years
- 0%
- TTM
- 5%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- -16%
- TTM
- 1%
- 10 Years
- %
- 5 Years
- -20%
- 3 Years
- -29%
- 1 Year
- -32%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- 14%
- Last Year
- 10%
TCI Express Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹313 cr, up 9.1% from ₹287 cr a year earlier. Net profit was ₹20 cr, up 5.3% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 312 | 296 | 307 | 287 | 309 | 314 | 328 | 313 |
| Expenses | 275 | 268 | 281 | 259 | 275 | 282 | 297 | 282 |
| Operating profit | 37 | 29 | 26 | 28 | 34 | 32 | 32 | 31 |
| OPM % | 12% | 10% | 9% | 10% | 11% | 10% | 10% | 10% |
| Other income | 2 | 3 | 6 | 4 | 4 | 3 | 1 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 5 | 5 | 6 | 5 | 5 | 6 | 9 | 7 |
| Profit before tax | 34 | 26 | 26 | 26 | 32 | 30 | 23 | 28 |
| Tax % | 26% | 26% | 26% | 26% | 25% | 26% | 29% | 26% |
| Net profit | 25 | 19 | 19 | 19 | 24 | 22 | 16 | 20 |
| EPS (₹) | 6.50 | 5.00 | 5.04 | 5.07 | 6.22 | 5.73 | 4.17 | 5.33 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
TCI Express Ltd annual results
| ₹ crore | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 1,241 | 1,254 | 1,208 | 1,237 | 1,264 |
| Operating profit | 194 | 187 | 125 | 125 | 129 |
| OPM % | 16% | 15% | 10% | 10% | 10% |
| Net profit | 139 | 132 | 86 | 81 | 82 |
| EPS (₹) | 36.35 | 34.34 | 22.36 | 21.20 | 21.45 |
TTM is the trailing twelve months to the most recent quarter.
TCI Express Ltd balance sheet
| ₹ crore | 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 |
As reported by the company. Total assets equal total liabilities by construction.
TCI Express Ltd cash flow
| ₹ crore | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operations | 147 | 136 | 118 | 101 |
| Cash from investing | -65 | -105 | -91 | -89 |
| Cash from financing | -84 | -28 | -32 | -8 |
| Net cash flow | -2 | 3 | -5 | 4 |
| Free cash flow | 21 | 84 | 89 | -23 |
| CFO / operating profit | 97% | 94% | 116% | 102% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
TCI Express Ltd operating ratios
| Per year | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROCE % | — | 27% | 15% | 14% |
| Debtor days | 62 | 67 | 68 | 70 |
| Cash conversion cycle | 62 | 67 | 68 | 70 |
| Working capital days | 37 | 42 | 41 | 43 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
TCI Express Ltd shareholding pattern
Promoters held 69.46% at Jun 2026, broadly unchanged since Jun 2025. FIIs 0.79% and DIIs 8.86%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 69.53% | 69.53% | 69.53% | 69.53% | 69.46% | 69.46% | 69.46% | 69.46% |
| FIIs | 1.74% | 0.93% | 0.80% | 0.80% | 0.85% | 0.82% | 0.81% | 0.79% |
| DIIs | 10.10% | 9.69% | 9.60% | 9.75% | 9.38% | 9.39% | 9.39% | 8.86% |
| Public | 18.63% | 19.84% | 20.07% | 19.90% | 20.29% | 20.33% | 20.35% | 20.87% |
| No. of shareholders | 49,707 | 53,379 | 52,543 | 51,187 | 50,623 | 49,726 | 48,018 | 48,357 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
TCI Express Ltd corporate filings
- Certificate under Regulation 74(5) of SEBI (Depositories and Participants Regulations, 2018) for the quarter ended September 30, 2026Company Updatelow impact
- TCI Express Limited Sees Significant Shareholder Transactions Indicating Promoter ActivityInsider Trading / SASThigh impact
Cruxal's analysis: TCI Express Limited has disclosed substantial share transactions involving promoter group…
Read the full analysis - TCI Express Limited Sees Significant Share Transfer by Promoter Group, Indicating Potential Strategic RepositioningCompany Updatemedium impact
Cruxal's analysis: TCI Express Limited has disclosed substantial share transfers within its promoter group…
Read the full analysis - Promoter Group of TCI Express Limited Discloses Sale of 10.9 Lakh Shares (2.84%) via Block Deal on September 29-30, 2026Insider Trading / SASTmedium impact
Cruxal's analysis: The promoter group of TCI Express Limited has divested approximately 2.84% of the…
Read the full analysis - Form C disclosures show trading activity involving M/s. Trading (sale) and M/s. XPS Cargo Services Limited (purchase) of TCI Express shares as of September 30, 2026Company Updatelow impact
Cruxal's analysis: TCI Express Ltd has disclosed Form C filings indicating share transactions by M/s…
Read the full analysis - TCI Express Limited sees significant shareholding change via bulk sale of 2.84% stake by TCI Trading and acquisition of 2.84% stake by XPS Cargo Services Limited on September 29-30, 2026Company Updatemedium impact
Cruxal's analysis: TCI Express Limited experienced a notable change in its shareholding structure, with TCI…
Read the full analysis - TCI Express Limited reaffirms credit rating of [ICRA] A1+ for its commercial paper program, indicating stable creditworthinessCompany Updatemedium impact
Cruxal's analysis: TCI Express Limited has received reaffirmation of its short-term credit rating [ICRA] A1+…
Read the full analysis - The trading window for dealing in equity shares of the company will remain closed with effect from October 01, 2026 upto 48 hours after communication of un-audited financial resultsInsider Trading / SASTlow impact
- TCI Express Limited: Promoter Group Executes Inter-se Transfer of 12,000 Equity SharesCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 12,000 equity shares…
Read the full analysis - TCI Express issues public notice regarding transfer of equity shares to IEPFCompany Updatelow impact
Cruxal's analysis: TCI Express has published a newspaper notice regarding the mandatory transfer of…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 15,000 Equity SharesInsider Trading / SASTlow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 15,000 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 15,000 Equity SharesCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 15,000 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 13,100 Equity SharesInsider Trading / SASTlow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 13,100 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 13,100 Equity SharesCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 13,100 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 16,000 Equity SharesCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 16,000 equity shares…
Read the full analysis - TCI Express Limited Announces Completion of Tenure for Two Independent DirectorsCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has formally notified the exchanges regarding the cessation of Mr…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 52,000 Equity SharesCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 52,000 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 52,000 Equity SharesInsider Trading / SASTlow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 52,000 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 46,000 Equity SharesInsider Trading / SASTlow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 46,000 equity shares…
Read the full analysis - TCI Express Limited: Promoter Group Executes Inter-se Transfer of 46,000 Equity SharesCompany Updatelow impact
Cruxal's analysis: TCI Express Limited has disclosed an inter-se transfer of 46,000 equity shares…
Read the full analysis
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