| Revenue growth | 6.5% for Q4; 2% for full year FY26. |
|---|---|
| Margins | EBITDA margin 11.3%; aiming for 100-150bps improvement in FY27. |
| Demand visibility | Encouraging trends in pharma, automotive, SME, and engineering. |
| Management confidence | High; citing cyclical recovery and multimodal focus. |
Growth
Q4 revenue ₹327cr (+6%), EBITDA ₹37cr (+11%), PAT ₹21cr. Full year FY26 revenue grew 2% to ₹1,236cr.
Outlook
Guided FY27 revenue growth of double-digit plus (10%+), volume growth 10%+, and margin expansion of 100-150bps.
Risks
Geopolitical tensions, elevated fuel prices (ATF/Diesel), higher labor costs, and temporary disruptions from voter-related activities.
Last quarter's promises, checked
Delivered
- Guided high single-digit/double-digit Q4 growth → delivered 6.5% (= BEAT)
- Guided 5-year Capex ₹500cr → revised to ₹400cr by FY27 (= BEAT)
- Guided debt-free balance sheet → delivered debt-free (= BEAT)
Partly delivered
- Guided FY27 PAT margin 20%+ → current call guides 100-150bps EBITDA expansion (= PARTIAL)
Missed
- Guided FY27 volume growth 15%+ → current call guides 10%+ (= MISS)
Earnings Call filed with BSE, NSE: TCIEXP. Summary written with AI assistance from the document.
TCI Express Ltd: key numbers
- Share price
- ₹496.25
- Market cap
- ₹1,908 Cr
- Revenue (annual)
- ₹1,237 Cr
- Net profit (annual)
- ₹81.43 Cr
- P/E (TTM)
- 23.3×Sector 32.3×
- Promoter holding
- 69.42%-0.04% QoQ
- FII holding
- 0.77%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from TCI Express Ltd
All →TCI Express Legal & Regulatory
TCI Express disclosed a ₹62.01 crore claim by Edutest Solutions in the Delhi High Court. The company disputes it and sees no material financial impact.
- Value
- ₹62.01 Cr
TCI Express Results Update
TCI Express reported Q2 FY27 revenue of Rs. 335.9 Crore, up 8.9% YoY, and EBITDA of Rs. 43.0 Crore via a press release. The release is a media/investor summary of unaudited standalone and consolidated results.
TCI Express Management Change
TCI Express Limited's board appointed Ranjana Agarwal as Non-Executive Independent Director effective 5 November 2026, for five years. Shareholder approval via postal ballot is pending.
- Execution
- 5 years (05 Nov 2026 to 04 Nov 2031)
TCI Express Investor Presentation: Key Takeaways
Q2 FY27 standalone: total income Rs339.3cr (+8.8% YoY), EBITDA Rs43.0cr (12.7% margin), PAT Rs26.7cr (+6.0%). Strategy centres on multimodal expansion, automation and capex.
TCI Express Q2 FY27 Results: Net Profit ₹23.5 Cr, Down 1.7% YoY
TCI Express Ltd reported revenue from operations of ₹338 Cr (+9.6% YoY) and net profit of ₹23.5 Cr (-1.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹23.5 Cr · -1.7% YoY
TCI Express Other Announcement
TCI Express reported that its RTA, KFin Technologies, is moving its corporate office to Kokapet, Hyderabad, effective 1 December 2026. No financial impact is stated.