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Earnings Call

TCI Express Earnings Call: Key Takeaways

TCI Express reported Q4 FY26 total income of ₹331 Cr (5.8% YoY growth) and FY26 income of ₹1,250 Cr. Strategy focuses on multimodal expansion and high-growth sectors.

Highlights
Revenue growthFY26 growth 2.4% YoY; Q4 growth 5.8% YoY.
MarginsFY26 EBITDA margin at 11.7%; PAT margin at 7.2%.
Demand visibilityEncouraging demand in pharma, auto, and SME sectors.
Management confidenceHigh; cited debt-free status and strong cash generation.

Growth

FY26 Net Profit stood at ₹90 Cr (7.2% margin). Q4 Rail Express grew 35% and C2C grew 21% YoY.

Outlook

Projected FY27 Capex of ₹131 Cr; total 5-year Capex revised to ₹400 Cr. Targets deeper Tier II/III penetration by 2030.

Risks

Challenges include geopolitical tensions in West Asia, elevated airline ATF prices, rising labor costs, and temporary voter-related activity disruptions.

Source

Earnings Call filed with BSE, NSE: TCIEXP. Summary written with AI assistance from the document.

Read the document ↗

TCI Express Ltd: key numbers

Share price
₹501.55
Market cap
₹1,928 Cr
Revenue (annual)
₹1,237 Cr
Net profit (annual)
₹81.43 Cr
P/E (TTM)
23.4×Sector 29.0×
Promoter holding
69.46%+0.00% QoQ
FII holding
0.79%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from TCI Express Ltd

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11:27 IST BSE
Promoter Buying (Off-Market)

TCI Express Promoter Buying (Off-Market)

TCI Express promoter group completed an inter-se transfer of 12,000 shares (0.03%) on September 08, 2026. TCI Trading (Dharmpal Agarwal) transferred shares to TCI Express Consolidated Limited.

Promoter stake change
+0.03%
10:24 IST BSE
Promoter Selling (Off-Market)

TCI Express Promoter Selling (Off-Market)

TCI Express disclosed an inter-se transfer of 15,000 shares between promoter entities TCI Trading and TCI Express Consolidated. No transaction price was stated.

11:17 IST BSE
Promoter Buying

TCI Express Promoter Buying

TCI Trading transferred 13,100 shares to TCI Express Consolidated Limited via an inter-se promoter group transaction. The 0.03% stake change was executed through the open market.

Promoter stake change
+0.03%