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Earnings Call Transcript

TCI Express Earnings Call Transcript: Key Takeaways

TCI Express reports Q1 FY27 revenue of ₹315 crores, up 9% YoY. EBITDA margins expanded to 11.7% while PAT rose to ₹22.4 crores. Management focuses on high-growth E-commerce and multi-modal logistics.

Guidance and delivery
Management target Revenue 14.0% FY27
Highlights
Revenue growth9% YoY growth in Q1; targeting 13-15% for full year.
MarginsTargeting 100-150 bps EBITDA margin improvement for the full year.
Demand visibilityHealthy demand in manufacturing, pharma, engineering, and SME sectors.
Management confidenceStrong visibility from a clear pipeline and new client acquisitions.

Growth

Total income grew 9% YoY; EBITDA increased 11% to ₹37 crores. Volume grew 7.5% to 2,50,000 metric tons.

Outlook

Guided 11-12% volume growth and 13-15% revenue growth for FY27. Planned capex of ₹125-140 crores.

Risks

Fuel price hikes in May partially absorbed; competitive pricing in certain segments; industry-wide elevated operating costs.

Last quarter's promises, checked

Delivered

  • Guided Q1 high single-digit volume growth → delivered 7.5% (= BEAT)
  • Guided debt-free status → delivered debt-free (= BEAT)

Partly delivered

  • Guided 100-150 bps margin expansion → delivered 40 bps Q1 expansion (= PARTIAL)

Missed

  • Guided double-digit revenue growth → delivered 9% (= MISS)
Source

Earnings Call Transcript 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%