Transport Corpn of India
NSE: TCI · Logistics Solution Provider · sector
₹845.25NSE close 2026-10-26
Key numbers
Market cap₹6,508 cr
Price₹845.25
52w high / low₹1,242 / ₹797
P/E14.2xSector median 13.7x
P/B2.5xSector median 1.4x
Book value₹333.2
Dividend yield1.08%Sector median 0.60%
ROE19.4%Sector median 9.1%
ROCE15.8%Sector median 11.4%
OPM10.6%Sector median 7.0%
Debt / equity0.09xSector median 0.24x
EV/EBITDA12.1xSector median 8.9x
Interest cover18.0x
Current ratio2.68x
Sales growth 3y+9.1%Sector median +7.7%
Profit growth 3y+13.2%Sector median -9.8%
PEG1.07x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹315 cr vs borrowings ₹219 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 18.0x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 9% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹845.25 on 2026-10-26: -31.9% from the 52-week high, +6.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,233.50 · low ₹826.55
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,121 | 1,147 | 1,179 | 1,139 | 1,205 | 1,249 | 1,324 | 1,248 |
| EBITDA | 117 | 118 | 122 | 121 | 127 | 127 | 142 | 135 |
| OPM % | 10.4% | 10.3% | 10.3% | 10.6% | 10.5% | 10.2% | 10.8% | 10.8% |
| Other income | 11 | 7 | 18 | 11 | 12 | 12 | 12 | 6 |
| Net profit | 106 | 101 | 114 | 106 | 113 | 115 | 124 | 107 |
| EPS (₹) | 13.68 | 13.04 | 14.80 | 13.90 | 14.69 | 14.96 | 16.12 | 13.77 |
| Revenue YoY | +7.5% | +8.9% | +12.3% | +9.6% | ||||
| Profit YoY | +5.8% | +13.7% | +9.0% | +0.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,257 | 3,783 | 4,024 | 4,492 | 4,917 | 5,026 |
| EBITDA | 409 | 421 | 408 | 461 | 517 | 531 |
| Net profit | 290 | 317 | 351 | 412 | 460 | 458 |
| EPS (₹) | 37.50 | 40.96 | 45.18 | 53.43 | 59.49 | 59.54 |
| Revenue growth | +16.1% | +6.4% | +11.6% | +9.5% | +9.6% | |
| Profit growth | +9.6% | +10.5% | +17.6% | +11.5% | +7.1% | |
| Dividend / share (₹) | 5.30 | 7.00 | 7.00 | 10.00 | 9.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +9.1% | +11.9% | +9.6% |
| Net profit | +13.2% | +25.6% | +7.1% |
| EPS | +13.2% | +25.5% | – |
| Share price | – | -9.1% (2y) | -28.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,702 | 2,004 | 2,155 | 2,566 |
| Borrowings | – | 63 | 157 | 155 | 219 |
| Cash & equivalents | – | 273 | 426 | 256 | 315 |
| Total assets | – | 2,101 | 2,501 | 2,780 | 3,482 |
| Fixed assets | – | 718 | 761 | 823 | 1,042 |
| Capital work in progress | – | 26 | 109 | 255 | 343 |
| Investments | – | 0 | 212 | 240 | 285 |
| Receivables | – | 561 | 601 | 722 | 816 |
| Inventory | – | 5 | 11 | 7 | 15 |
| Payables | – | 76 | 66 | 106 | 267 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 368 | 361 | 299 | 359 | 444 |
| Cash from investing | -76 | -193 | -404 | -99 | -367 |
| Cash from financing | -258 | -65 | 18 | -292 | -35 |
| Capex | 76 | 156 | 243 | 354 | 414 |
| Free cash flow | 292 | 205 | 57 | 5 | 31 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 18.6% | 17.5% | 19.1% | 17.9% |
| ROCE % | – | 18.7% | 15.1% | 16.9% | 15.7% |
| Debtor days | – | 54 | 54 | 59 | 61 |
| Inventory days | – | 0 | 1 | 1 | 1 |
| Payable days | – | 7 | 6 | 9 | 20 |
| Cash conversion cycle (days) | – | 47 | 49 | 51 | 42 |
| Working capital days | – | 74 | 91 | 73 | 74 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.66% |
| FIIs | 3.04% |
| DIIs | 13.08% |
| of which Mutual funds | 11.23% |
| of which Insurance | 0.85% |
| Government | 0.00% |
| Public (non-institutions) | 15.22% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.74% | 68.81% | 68.73% | 68.73% | 68.73% | 68.73% | 68.66% | 68.66% |
49,299 shareholders. Pledged: 0.00% of promoter shares.
Peers in Logistics Solution Provider
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CONCOR | ₹31,348 cr | 25.1x | 2.4x | 9.8% | 13.2% | 21.6% | +3.6% | 2.22% |
| DELHIVERY | ₹28,082 cr | 300.0x | 2.9x | 1.0% | 2.2% | 5.5% | +13.3% | – |
| SHADOWFAX | ₹16,722 cr | 128.7x | 9.6x | 6.4% | 7.5% | 5.0% | – | – |
| BLUEDART | ₹10,124 cr | 35.3x | 5.7x | 17.2% | 23.6% | 15.3% | +5.9% | 0.59% |
| TCI | ₹6,508 cr | 14.2x | 2.5x | 19.4% | 15.8% | 10.6% | +9.1% | 1.08% |
| TVSSCS | ₹4,879 cr | 75.7x | 2.4x | 3.4% | 8.3% | 7.0% | – | – |
| VRLLOG | ₹4,687 cr | 17.6x | 4.1x | 24.0% | 28.1% | 20.4% | +6.7% | 3.73% |
| MAHLOG | ₹3,871 cr | 104.6x | 3.3x | 4.8% | 11.9% | 5.5% | +10.9% | 0.46% |
| AFCOM | ₹3,781 cr | 18.9x | 8.3x | 54.4% | 45.9% | 35.1% | – | – |
| GATEWAY | ₹2,323 cr | 9.5x | 1.0x | 10.9% | 13.2% | 21.6% | +15.9% | 7.17% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Freight division | ₹2,354 cr | 44.8% | ₹49 cr | 2.1% |
| supply chain solutions division | ₹2,199 cr | 41.9% | ₹120 cr | 5.5% |
| seaways division | ₹654 cr | 12.4% | ₹252 cr | 38.6% |
| unallocable | ₹40 cr | 0.8% | ₹0 cr | 0.0% |
| energy division | ₹4 cr | 0.1% | ₹1 cr | 19.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-09 | Buyback | Buy Back |
| 2026-07-17 | Dividend | Dividend - Re 1 Per Share |
| 2026-02-10 | Dividend | Interim Dividend - Rs 9 Per Share |
| 2025-07-21 | Other | Annual General Meeting |
| 2025-01-30 | Dividend | Interim Dividend - Rs 4.50 Per Share |
| 2024-10-31 | Dividend | Interim Dividend - Rs 3.50 Per Share |
| 2024-09-04 | Buyback | Buy Back |
| 2024-07-19 | Dividend | Dividend - Rs 2 Per Share |
| 2024-07-19 | Other | Annual General Meeting |
| 2024-02-09 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2023-11-07 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2023-07-25 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-02-07 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2022-11-03 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2022-07-26 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2022-02-03 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2021-11-08 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2021-07-27 | Dividend | Annual General Meeting/Dividend - Rs 1.30 Per Share |
| 2021-02-10 | Dividend | Interim Dividend - Re 1.20 Per Share |
| 2020-08-05 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Freight Transport: The Company is among India’s premier organized surface transport service provider, serving remotest of corners of India & SAARC/ BBIN nations. With a legacy of over six decades in the logistics industry, the Company is fully-equipped to provide surface transport solutions for the cargo of any dimension or product segment ranging from: • FTL (Full Truck Load) • LTL (Less than Truck Load) • ODC (Over-dimensional Cargo) & PHH (Project Heavy Haul)
- Supply Chain Solutions: TCI Supply Chain Solutions is a single window enabler of logistics and supply chain solutions. The division encompasses all the needs of a value-seeking progressive client right from ‘conceptualization to implementation’. We provide services such as: 1. Dynamic supply chain network design 2. Scientifically and professionally managed inventory 3. Modern warehousing management using smart material handling equipment 4. Multimodal transportation
- Coastal Transportation: The Company is India’s leading multimodal coastal player, connecting India’s western, eastern and southern ports and having extensive expertise in coastal shipping, container cargo movements and transportation services. The Company also provides first and last mile connectivity via rail and road.
| Sector | Services |
| Industry | Logistics Solution Provider |
| Sub-industry | Logistics Solution Provider |
| Symbol | TCI |
| BSE code | 532349 |
| ISIN | INE688A01022 |
| Face value | ₹2.0 |
| Incorporated | 1995-01-02 |
| Website | www.tcil.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.