TCI Express Ltd. (TCIEXP) AI Stock Analysis

• Market Cap: ₹26.43B
• Dividend Yield: 1.26%
• Average Volume (3M): 1.96K
• Price to Earnings (P/E): 31.8
• Beta (1Y): 0.81
• Revenue Growth: -3.21%
• EPS Growth: -31.89%
• Country: IN
• Employees: 2,779
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 6.21
• Shares Outstanding: 38,418,990
• 10 Day Avg. Volume: 836
• 30 Day Avg. Volume: 1,961
• PEG Ratio: -0.63
• Price to Book (P/B): 2.46
• Price to Sales (P/S): 1.56
• P/FCF Ratio: 27.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹840.00
• Price Target Upside: 24.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹674.00 ▲(0.22% Upside)

The overall stock score for TCI Express Ltd. is primarily driven by its strong financial performance, which provides a solid foundation. However, the technical analysis indicates bearish momentum, which negatively impacts the score. The valuation suggests the stock might be overvalued, further moderating the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.

TCI Express Ltd. Business Overview & Revenue Model

Company Description

TCI Express Ltd. (TCIEXP) is a leading logistics and supply chain solutions provider in India, specializing in express delivery services. The company operates across various sectors, including e-commerce, retail, pharmaceuticals, and manufacturing, offering a range of services such as domestic and international parcel delivery, freight forwarding, and supply chain management. TCI Express focuses on providing time-sensitive logistics solutions, leveraging advanced technology and a wide network to ensure efficient and reliable service delivery.

How the Company Makes Money

TCI Express generates revenue primarily through its express delivery services, which cater to businesses and individuals requiring fast and reliable logistics solutions. The company charges clients based on the weight, dimensions, and distance of the parcels being shipped. Key revenue streams include domestic express services, international shipment services, and specialized logistics solutions for sectors like e-commerce and pharmaceuticals. TCI Express also benefits from partnerships with various e-commerce platforms and retailers, enhancing its volume of shipments and broadening its customer base. Additionally, the company's investment in technology, such as tracking systems and automated processes, improves operational efficiency and customer satisfaction, contributing to increased earnings.

TCI Express Ltd. Financial Statement Overview

Summary

TCI Express Ltd. demonstrates solid financial performance with consistent revenue growth and strong operational efficiency. The company maintains a low leverage profile, providing stability and reducing financial risk. While profitability metrics show slight pressure, the firm continues to generate positive cash flows, underpinning its financial health and potential for future growth.

Income Statement

TCI Express Ltd. has shown consistent revenue growth over the years, with revenue increasing from 2021 to 2025. The gross profit margin has been stable, indicating effective cost management. However, the net profit margin has slightly decreased in 2025 compared to previous years, suggesting some pressure on profitability. The EBIT and EBITDA margins are robust, reflecting strong operational performance.

Balance Sheet

The company maintains a strong balance sheet with a consistently low debt-to-equity ratio, indicating lower financial risk. The equity ratio is high, showcasing a solid financial foundation and effective asset management. TCI Express Ltd.'s return on equity has been healthy, reflecting efficient use of shareholders' funds.

Cash Flow

The cash flow from operations has been positive and strong over the years, supporting the company's operations and capital expenditures. The free cash flow has seen fluctuations, with a decline in 2025, which may impact future investments. The operating cash flow to net income ratio remains favorable, indicating good cash conversion from earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.02B	12.08B	12.54B	12.41B	10.81B	8.44B
Gross Profit	1.79B	1.84B	2.40B	2.21B	1.99B	1.59B
EBITDA	1.24B	1.38B	1.94B	2.02B	1.83B	1.42B
Net Income	829.50M	858.10M	1.32B	1.39B	1.29B	1.01B
Balance Sheet
Total Assets	0.00	9.19B	8.50B	7.35B	6.57B	5.47B
Cash, Cash Equivalents and Short-Term Investments	1.60B	1.63B	1.07B	459.60M	1.03B	842.30M
Total Debt	0.00	98.60M	104.60M	70.70M	11.20M	22.40M
Total Liabilities	-7.64B	1.54B	1.46B	1.39B	1.21B	1.13B
Stockholders Equity	7.64B	7.64B	7.04B	5.96B	5.36B	4.34B
Cash Flow
Free Cash Flow	0.00	685.30M	838.50M	207.70M	471.00M	446.00M
Operating Cash Flow	0.00	1.19B	1.36B	1.47B	1.28B	1.02B
Investing Cash Flow	0.00	-927.20M	-1.05B	-647.10M	-902.70M	-960.10M
Financing Cash Flow	0.00	-316.90M	-277.60M	-837.40M	-307.10M	-82.20M

TCI Express Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 672.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TCIEXP, the sentiment is Negative. The current price of 672.55 is below the 20-day moving average (MA) of 673.22, below the 50-day MA of 697.05, and below the 200-day MA of 709.76, indicating a bearish trend. The MACD of -10.00 indicates Positive momentum. The RSI at 33.17 is Neutral, neither overbought nor oversold. The STOCH value of 28.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TCIEXP.

TCI Express Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VRLLOG	73 Outperform	₹47.42B	20.30	―	2.75%	4.74%	176.63%
BALMLAWRIE	67 Neutral	₹34.42B	12.70	―	4.37%	7.25%	1.12%
ALLCARGO	64 Neutral	₹34.68B	―	―	5.95%	17.82%	-314.42%
TCIEXP	63 Neutral	₹26.43B	31.84	―	1.26%	-3.21%	-31.89%
RITCO	61 Neutral	₹7.08B	16.39	―	―	32.13%	9.29%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SNOWMAN	54 Neutral	₹8.13B	126.13	―	2.12%	9.91%	-66.86%