| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 313 | 287 | +9.3% |
| EBITDA | 31.4 | 28.1 | +12.0% |
| EBITDA margin | 10.0% | 9.8% | +0.3 pts |
| Profit before tax | 27.6 | 26.3 | +5.1% |
| Net profit | 20.5 | 19.5 | +5.2% |
| EPS | ₹5.20 | ₹5.13 | +1.4% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 1,824 | — | — | — | — | |
| 137 | 137 | 160 | 107 | 45.9 | |
| 33.2 | 33.2 | 0.0 | 3.0 | 0.7 | |
| 1,720 | — | — | — | — | |
| 1,264 | 1,238 | 1,208 | 1,254 | 1,241 | |
| — | +2.4% | −3.6% | +1.0% | — | |
| 129 | 125 | 125 | 187 | 194 | |
| 10.2% | 10.1% | 10.3% | 14.9% | 15.7% | |
| 101 | 99.5 | 103 | 168 | 179 | |
| 82.5 | 81.4 | 85.8 | 132 | 139 | |
| 6.5% | 6.6% | 7.1% | 10.5% | 11.2% | |
| ₹21.47 | ₹21.21 | ₹22.35 | ₹34.29 | ₹36.27 | |
| — | −5.1% | −34.8% | −5.4% | — | |
| — | 101 | 118 | 136 | 147 | |
| — | −125 | −50.6 | −52.2 | −126 | |
| −23.9 | −23.9 | 67.8 | 83.9 | 20.8 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,824.2 | |
| - Cash, Equiv & ST Investments | 45.9 | 107.1 | 159.9 | 137.1 | 137.1 | |
| + Total Debt | 0.7 | 3.0 | 0.0 | 33.2 | 33.2 | |
| Enterprise Value | — | — | — | — | 1,720.3 | |
| Revenue | 1,241.0 | 1,253.8 | 1,208.3 | 1,237.5 | 1,264.1 | |
| Growth %, YoY | — | +1.0 | -3.6 | +2.4 | — | |
| EBITDA | 194.5 | 187.2 | 124.7 | 125.3 | 128.9 | |
| Margin % | 15.67 | 14.93 | 10.32 | 10.12 | 10.20 | |
| EBIT | 179.2 | 168.3 | 103.1 | 99.5 | 101.2 | |
| Net Income | 139.3 | 131.7 | 85.8 | 81.4 | 82.5 | |
| Margin % | 11.22 | 10.50 | 7.10 | 6.58 | 6.52 | |
| EPS, Adj (current shares) | 36.27 | 34.29 | 22.35 | 21.21 | 21.47 | |
| Growth %, YoY | — | -5.4 | -34.8 | -5.1 | — | |
| Cash from Operations | 146.5 | 136.0 | 118.4 | 101.4 | — | |
| Capital Expenditures | -125.7 | -52.2 | -50.6 | -125.3 | — | |
| Free Cash Flow | 20.8 | 83.9 | 67.8 | -23.9 | -23.9 | |
Prices at the previous close · figures from the company's filings with NSE
TCI Express (NSE: TCIEXP) had a market capitalisation of ₹1,824 crore at the previous close (₹475.05 a share), a PE ratio of 22.1 on the last four quarters' profit and a price-to-book ratio of 2.23. In FY26 its consolidated net profit was ₹81.4 crore on revenue of ₹1,238 crore; in Q1 FY27 (April–June 2026) it was ₹20.5 crore, up 5.2% year on year. Its debt-to-equity ratio was 0.04 on 31 March 2026. Promoters held 69.42% of the shares on 30 September 2026.
TCI Express' PE ratio is 22.1 at the previous close (₹475.05 a share): a market capitalisation of ₹1,824 crore divided by consolidated net profit of ₹82.5 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹81.4 crore) it is 22.4.
TCI Express' net worth — shareholders' equity in its consolidated balance sheet — was ₹819 crore on 31 March 2026, up 7.1% from ₹764 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,824 crore at the previous close.
TCI Express' book value per share was ₹213.23 on 31 March 2026: shareholders' equity of ₹819 crore divided by the 3.84 crore shares in issue, up 7.1% from ₹199.07 a year earlier. The share price at the previous close was ₹475.05.
TCI Express' price-to-book (PB) ratio is 2.23 at the previous close: a market capitalisation of ₹1,824 crore divided by shareholders' equity (book value) of ₹819 crore on 31 March 2026. That is a book value of ₹213.23 per share against a share price of ₹475.05.
In FY26, TCI Express' return on equity (ROE) was 10.3% and its return on capital employed (ROCE) was 11.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.7% and ROCE 13.7%.
TCI Express' dividend yield is 1.47% at the previous close: dividends of ₹7 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹475.05. They were ₹7 on 6 February 2026 (interim).
TCI Express' market capitalisation was ₹1,824 crore at the previous close: 3.84 crore shares at ₹475.05 each.
No. TCI Express had borrowings of ₹33.2 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.04. Its cash and current investments were ₹141 crore, so it held net cash of ₹108 crore.
TCI Express' basic earnings per share (EPS) were ₹21.21 in FY26, against ₹22.36 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹21.94.
TCI Express' debt-to-equity ratio was 0.04 on 31 March 2026: borrowings of ₹33.2 crore against total equity of ₹819 crore. A year earlier, on 31 March 2025, it was 0.00.
In 2026, TCI Express has declared one dividend: ₹7 (interim) with record date 7 February 2026 and ex-date 6 February 2026.
Promoters held 69.42% of TCI Express on 30 September 2026, down 0.04 percentage points from 69.46% the previous quarter and down 0.04 percentage points from 69.46% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, TCI Express' shares were held by promoters 69.42%, foreign portfolio investors (FII/FPI) 0.77%, domestic institutions (DII) 8.72% (including mutual funds at 8.56%) and retail and other non-institutional investors 21.09%. Over the year, FII holding was down 0.08 percentage points from 0.85% and DII holding was down 0.66 percentage points from 9.38%.
In FY26 (April 2025–March 2026), TCI Express' consolidated net profit was ₹81.4 crore, down 5.1% from ₹85.8 crore in FY25, on revenue from operations of ₹1,238 crore (up 2.4%). Over three years, from FY23, net profit was down 41.5%.
In FY26, TCI Express earned net profit of ₹81.4 crore on revenue of ₹1,238 crore, against ₹8 crore on ₹2,058 crore for Allcargo Logistics. TCI Express' operating margin was 8.0% (Allcargo Logistics 1.4%) and its return on equity 10.3% (Allcargo Logistics 0.5%).
In FY26, TCI Express generated ₹101 crore of cash from operations and spent ₹125 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹23.9 crore. In FY25 it was ₹67.8 crore.
TCI Express' latest results are for Q1 FY27 (April–June 2026), filed on 6 August 2026: consolidated net profit ₹20.5 crore, up 5.2% from ₹19.5 crore in Q1 FY26; revenue from operations ₹313 crore, up 9.3% year on year.
TCI Express will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Allcargo Logistics, Gateway Distriparks and Navkar Corporation: TCI Express' operating margin of 8.0% is the third highest of the four (Allcargo Logistics 1.4%, Gateway Distriparks 14.8%, Navkar Corporation 8.9%; peer average 8.4%); its return on equity of 10.3% is the second highest of the four (Allcargo Logistics 0.5%, Gateway Distriparks 11.4%, Navkar Corporation 1.6%; peer average 4.5%); its revenue growth over three years of −0.1% a year is the third highest of the four (Allcargo Logistics −51.5% a year, Gateway Distriparks 15.9% a year, Navkar Corporation 15.9% a year; peer average −6.6% a year).
From TCI Express' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.