TCI Express Ltd. (TCIEXP) AI Stock Analysis

• Market Cap: ₹27.66B
• Dividend Yield: 1.05%
• Average Volume (3M): 1.18K
• Price to Earnings (P/E): 33.3
• Beta (1Y): 0.89
• 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): 5.10
• Shares Outstanding: 38,418,990
• 10 Day Avg. Volume: 1,153
• 30 Day Avg. Volume: 1,177
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹834.00
• Price Target Upside: 9.42% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 77 Outperform
• Price Target: ₹816.00 ▲(7.06% Upside)

TCI Express Ltd. scores well due to its strong financial performance, characterized by consistent revenue growth and operational efficiency. The technical analysis supports a positive short-term trend, although valuation metrics suggest the stock is relatively expensive. The absence of earnings call and corporate events data does not impact the overall score.

TCI Express Ltd. Business Overview & Revenue Model

Company Description

TCI 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 Money

TCI 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. exhibits strong financial performance, marked by consistent revenue growth and robust operational efficiency. The company maintains a low leverage profile, which reduces financial risk and supports stability. While there is slight pressure on profitability metrics, the firm continues to generate positive cash flows, indicating solid financial health.

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 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.18B	12.08B	12.41B	12.54B	10.81B	8.44B
Gross Profit	2.00B	1.84B	2.21B	2.40B	1.99B	1.59B
EBITDA	1.47B	1.38B	2.02B	1.94B	1.83B	1.42B
Net Income	979.90M	858.10M	1.39B	1.32B	1.29B	1.01B
Balance Sheet
Total Assets	0.00	9.19B	7.35B	8.50B	6.57B	5.47B
Cash, Cash Equivalents and Short-Term Investments	1.06B	1.63B	586.80M	1.07B	1.03B	842.30M
Total Debt	0.00	98.60M	70.70M	104.60M	11.20M	22.40M
Total Liabilities	-7.48B	1.54B	1.39B	1.46B	1.21B	1.13B
Stockholders Equity	7.48B	7.64B	5.96B	7.04B	5.36B	4.34B
Cash Flow
Free Cash Flow	0.00	685.30M	207.70M	838.50M	471.00M	446.00M
Operating Cash Flow	0.00	1.19B	1.47B	1.36B	1.28B	1.02B
Investing Cash Flow	0.00	-927.20M	-647.10M	-1.05B	-902.70M	-960.10M
Financing Cash Flow	0.00	-316.90M	-837.40M	-277.60M	-307.10M	-82.20M

TCI Express Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 762.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Positive. The current price of 762.2 is above the 20-day moving average (MA) of 702.15, above the 50-day MA of 702.59, and above the 200-day MA of 729.99, indicating a neutral trend. The MACD of 3.24 indicates Negative momentum. The RSI at 57.17 is Neutral, neither overbought nor oversold. The STOCH value of 65.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TCIEXP.

TCI Express Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCIEXP	77 Outperform	₹27.66B	33.31		1.05%	-3.21%	-31.89%
VRLLOG	73 Outperform	50.23B	22.87	16.87%	4.36%	8.04%	221.22%
BALMLAWRIE	67 Neutral	36.65B	13.68	13.51%	3.97%	7.25%	1.12%
RITCO	64 Neutral	7.75B	17.54	13.08%	―	32.13%	9.29%
ALLCARGO	55 Neutral	32.22B	-46.21	1.47%	6.40%	17.82%	-314.42%
SNOWMAN	55 Neutral	9.41B	147.11	1.40%	1.76%	11.69%	-42.04%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%