TCI Finance Limited (TCIFINANCE) AI Stock Analysis

• Market Cap: ₹252.43M
• Dividend Yield: N/A
• Average Volume (3M): 3.81K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.44
• Revenue Growth: 797.65%
• EPS Growth: N/A
• Country: IN
• Employees: 4
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): -0.29
• Shares Outstanding: 12,872,493
• 10 Day Avg. Volume: 4,748
• 30 Day Avg. Volume: 3,810
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.20
• Price to Sales (P/S): 2.29
• P/FCF Ratio: 3.63
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: ₹20.50 ▼(-31.37% Downside)

The score is primarily constrained by financial risk—especially negative equity and unstable profitability—despite recent improvements in revenue and cash generation. Technical signals are mixed-to-weak, while valuation appears relatively inexpensive based on the low P/E.

Positive Factors

Revenue recovery & growth trend

A pronounced revenue rebound indicates the company has regained commercial traction after prior declines. Sustained top-line recovery provides a foundation for rebuilding scale, improving unit economics, and investing in customer acquisition or product development over the next several quarters.

Improved cash generation

Near-1 FCF-to-net-income conversion shows recent earnings are translating into real cash, enhancing liquidity and the ability to fund operations or reduce liabilities. Durable cash conversion boosts resilience versus firms with earnings that don’t convert to cash consistently.

Margin turnaround

A substantial move to positive net margins signals improved pricing, credit performance, or cost control. If sustained, higher margins materially increase free cash flow, support reinvestment, and create strategic flexibility to compete or strengthen the balance sheet long-term.

Negative Factors

Negative equity and leverage risk

Negative shareholders’ equity and inverted debt-to-equity reflect balance-sheet distress that limits borrowing capacity, raises refinancing risk, and reduces shock absorption. Over months this can constrain growth initiatives and raise default or restructuring probability.

Volatile profitability and cash flows

High historical volatility in profits and operating cash reduces predictability of earnings and weakens long-term planning. Persistent swings hamper credit underwriting, budgeting, and investor confidence, making sustainable capital allocation and growth execution more difficult.

Very small operational scale

A tiny workforce constrains capacity to scale origination, risk management, compliance, and controls. Small scale raises key-person and operational concentration risks, limiting ability to handle growth, regulatory complexity, or abrupt increases in loan servicing needs over time.

TCI Finance Limited Business Overview & Revenue Model

Company Description

TCI Finance Limited operates as a non-banking finance company in India. The company offers loans against securities, commercial vehicle finance, global IP convention, IP valuation, and other financial services, as well as patents, trademark, and copyright services. TCI Finance Limited was incorporated in 1973 and is based in Hyderabad, India.

How the Company Makes Money

TCI Finance Limited generates revenue through multiple channels. Its primary revenue stream comes from interest income on loans provided to customers, including personal loans, business loans, and credit facilities. Additionally, the company earns fees from financial advisory services, asset management, and investment products offered to clients. TCIFINANCE may also engage in strategic partnerships with other financial institutions to broaden its product offerings, which can contribute to additional revenue through referral fees or profit-sharing agreements. Furthermore, the company might benefit from investment income generated from its own portfolio of financial assets, which can provide a substantial source of earnings over time.

TCI Finance Limited Financial Statement Overview

Summary

Recent revenue and free-cash-flow improvement are positives, but they are outweighed by major balance-sheet risk: negative stockholders’ equity, negative ROE, and historically unstable profitability and cash flows.

Income Statement

The income statement shows significant volatility with a dramatic revenue growth rate of 8813.91% in the latest year, indicating a recovery from previous negative revenue. However, the net profit margin is inconsistent, with a recent positive shift to 53.19% from negative margins in prior years. The EBIT and EBITDA margins are not provided, suggesting potential operational inefficiencies. Overall, while revenue growth is a positive sign, the historical instability and lack of consistent profitability are concerning.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, indicating financial distress. The debt-to-equity ratio is negative, reflecting more liabilities than equity, which is risky. Return on equity is also negative, further highlighting the company's inability to generate profits from its equity base. The equity ratio is not provided, but the overall leverage and negative equity position suggest significant financial instability.

Cash Flow

The cash flow statement shows a positive free cash flow growth rate, indicating improved cash generation capabilities. The operating cash flow to net income ratio is not consistently positive, suggesting fluctuations in cash flow relative to earnings. The free cash flow to net income ratio is close to 1, indicating that most of the net income is being converted into free cash flow. Despite these improvements, the historical volatility in cash flows remains a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	66.61M	67.30M	0.00	0.00	0.00	42.21M
Gross Profit	59.05M	67.30M	-9.86M	-18.57M	-17.19M	16.10M
EBITDA	34.81M	34.70M	-17.88M	-23.86M	-22.67M	7.91M
Net Income	31.75M	35.80M	-4.80M	-25.10M	-329.66M	-77.67M
Balance Sheet
Total Assets	0.00	74.40M	275.52M	461.60M	629.42M	834.46M
Cash, Cash Equivalents and Short-Term Investments	0.00	8.20M	24.13M	478.00K	698.00K	468.00K
Total Debt	0.00	15.90M	74.21M	114.90M	228.19M	253.48M
Total Liabilities	751.80M	826.20M	909.12M	1.09B	1.10B	1.13B
Stockholders Equity	-751.80M	-751.80M	-633.60M	-628.50M	-467.46M	-298.62M
Cash Flow
Free Cash Flow	0.00	42.35M	37.35M	98.00M	-226.04M	16.80M
Operating Cash Flow	0.00	42.61M	37.35M	98.00M	-226.01M	16.94M
Investing Cash Flow	0.00	-254.00K	22.35M	15.00M	251.54M	3.77M
Financing Cash Flow	0.00	-58.32M	-40.69M	-113.30M	-25.29M	-21.40M

TCI Finance Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 29.87
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TCIFINANCE, the sentiment is Negative. The current price of 29.87 is above the 20-day moving average (MA) of 26.60, above the 50-day MA of 20.01, and above the 200-day MA of 14.86, indicating a neutral trend. The MACD of -0.92 indicates Positive momentum. The RSI at 32.92 is Neutral, neither overbought nor oversold. The STOCH value of 12.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TCIFINANCE.

TCI Finance Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
LFIC	55 Neutral	₹197.25M	―	―	1.70%	-93.62%	-115.49%
TCIFINANCE	50 Neutral	₹252.43M	6.50	―	―	797.65%	―
ONELIFECAP	48 Neutral	₹210.95M	-5.11	―	―	-62.38%	21.41%
GLFL	44 Neutral	₹216.46M	546.97	―	―	―	―
VIJIFIN	44 Neutral	₹344.85M	29.32	―	―	39.46%	―
DCMFINSERV	40 Underperform	₹86.95M	-5.44	―	―	-70.89%	-142.26%

TCI Finance Limited Corporate Events

TCI Finance Says Share Price Surge Is Market-Driven, No Undisclosed Events

TCI Finance Limited has responded to queries from BSE and NSE regarding recent significant price movement in its shares, stating that there is no undisclosed or unannounced material information that would explain the volatility. The company emphasized that it has been fully compliant with SEBI’s Listing Obligations and Disclosure Requirements, disclosing all price-sensitive and operationally relevant events in a timely manner, and asserted that the sharp increase in its share price is purely market driven and attributable to prevailing market conditions.

Exchange Seeks Clarification From TCI Finance Limited After Sharp Stock Price Move

The stock of TCI Finance Limited has experienced significant price volatility, prompting the stock exchange to seek updated, relevant information from the company to protect investor interests. The exchange has formally written to TCI Finance Limited and is awaiting the company’s response, a step aimed at ensuring transparent disclosure and maintaining market confidence amid unusual trading activity.