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TCI Express Ltd. (IN:TCIEXP)
:TCIEXP
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TCI Express Ltd.
(TCIEXP)
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Rating:74Outperform
Price Target:
₹808.00
▲(20.14% Upside)
TCI Express Ltd. achieves a strong overall score driven by its solid financial performance, characterized by consistent revenue growth and operational efficiency. Technical analysis indicates neutral momentum, while valuation metrics suggest the stock is relatively expensive. The absence of earnings call data and corporate events does not impact the score.
TCI Express Ltd. (TCIEXP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹26.26B
Dividend Yield1.17%
Average Volume (3M)2.10K
Price to Earnings (P/E)31.6
Beta (1Y)0.81
Revenue Growth-3.21%
EPS Growth-31.89%
CountryIN
Employees2,779
SectorServices
Sector StrengthN/A
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)5.10
Shares Outstanding38,418,990
10 Day Avg. Volume1,302
30 Day Avg. Volume2,100
Financial Highlights & Ratios
PEG Ratio-0.63
Price to Book (P/B)2.46
Price to Sales (P/S)1.56
P/FCF Ratio27.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹832.00Price Target Upside23.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
TCI Express Ltd. Business Overview & Revenue Model
Company DescriptionTCI Express Limited provides express delivery solutions in India and internationally. It provides surface express; reverse express; domestic and international air express; e-commerce express; C2C express; rail express; and cold chain express services. The company serves pharmaceutical, engineering, telecom, automotive, consumer durable, textile, retail, e-commerce, and plastic industries, as well as supermarkets. It has approximately 40,000 pickup points and 50,000 delivery locations with approximately 5,000 containerized vehicles. The company was formerly known as TCI Properties (Pune) Limited. TCI Express Limited was founded in 1996 and is based in Gurugram, India.
How the Company Makes MoneyTCI Express Ltd. primarily generates revenue through its express delivery services, which include both domestic and international transportation of parcels and documents. The company's key revenue streams involve charges for expedited delivery services, where customers pay a premium for faster and time-definite deliveries. Additionally, TCI Express earns revenue through value-added services like e-commerce logistics, where it partners with online retailers to manage their logistics needs, and cold chain logistics, which involves transporting perishable goods under controlled conditions. The company also benefits from its extensive network and strategic alliances, which enhance its operational capabilities and market reach, thereby contributing to its 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.82
Very Positive
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.88
Very Positive
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.78
Positive
| 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
Negative
672.55
Price Trends
699.23
Negative
723.83
Negative
718.30
Negative
Market Momentum
-10.39
Positive
40.78
Neutral
36.14
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 709.33, below the 50-day MA of 699.23, and below the 200-day MA of 718.30, indicating a bearish trend. The MACD of -10.39 indicates Positive momentum. The RSI at 40.78 is Neutral, neither overbought nor oversold. The STOCH value of 36.14 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹26.26B | 31.63 | ― | 1.17% | -3.21% | -31.89% | |
74 Outperform | ₹46.92B | 21.37 | ― | 4.65% | 8.04% | 221.22% | |
67 Neutral | ₹34.50B | 12.73 | ― | 4.24% | 7.25% | 1.12% | |
64 Neutral | ₹7.36B | 16.23 | ― | ― | 32.13% | 9.29% | |
59 Neutral | ₹34.93B | 99.11 | ― | 6.15% | 17.82% | -314.42% | |
57 Neutral | ₹8.55B | 132.75 | ― | 1.95% | 11.69% | -42.04% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% |
* Services Sector Average
IN:TCIEXP
TCI Express Ltd.
672.55
-330.50
-32.95%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.