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TCI Express share price & results

TCI Express· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Asset-light B2B express delivery company operating its own pan-India surface, air, rail and last-mile network.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue313 ₹ crore+9.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin10.0 %0.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit20.0 ₹ crore+5.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity10.54 %−0.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-1.86 %−9.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)5.16 %+6.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 7 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

TCI Express management guidance track record on Inve: 23 targets tracked across analysed earnings calls (1 achieved, 6 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
SME Business Mixbring back to like 50-50
Call transcript, Q4 FY25 · 30 May 2025		Q4 FY25Q1 FY27:Management confirmed the mix is back to the desired 50-50 ratio.
Call transcript, Q1 FY27 · 6 Aug 2026		Achieved
Revenue Growth10% to 12% for this year
Call transcript, Q4 FY25 · 30 May 2025		Q4 FY25Q1 FY27:Promise relates to FY26, which is complete. The target was missed.
Call transcript, Q1 FY27 · 6 Aug 2026		Missed
Revenue Growth17%, 18% kind of revenue growth we are looking for
Call transcript, Q3 FY26 · 3 Feb 2026		Q3 FY26Q1 FY27:Guidance revised down to 13% to 15% for FY27.
Call transcript, Q1 FY27 · 6 Aug 2026		Revised Down

Source: Inve Guidance Tracker for TCI Express · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of TCI Express's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.

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Price

₹466.8 +1.16% · +₹5.35

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −30.1% 1Y

₹450₹500₹550₹600₹650₹700Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 6 Nov 2025Q3 FY26 — 3 Feb 2026Q4 FY26 — 4 Jun 2026Q1 FY27 — 6 Aug 2026

1Y: ₹667.75 on 24 Oct 2025 → ₹466.8. High ₹693.15 (3 Nov 2025), low ₹458.7 (23 Oct 2026).

Previous close
₹461.45
Market cap
₹1.8k Cr
52-week range
₹458.7 – ₹693.15
One year
−30.50%
Price to earnings (TTM to Jun 2026)
21.25×
Return on equity (TTM to Jun 2026)
10.54%

Overview

Symbol
NSE:TCIEXP
Sector
Services
Exchange
NSE
Currency
INR

What TCI Express does

Based on the company's own presentations, annual report and earnings calls.

TCI Express is a time-definite B2B express cargo company that moves shipments across India through its own network of branches, sorting centres and a containerized fleet, rather than through franchisees or third-party agents. It offers Surface Express, Domestic Air Express, International Air Express, Rail Express, C2C (full-truckload) Express and E-Commerce Express services, serving customers largely in automotive, pharma, engineering, defence, solar, EV and SME segments. Shipments are consolidated and sorted at company-run automated sorting centres before onward movement by road, rail or air, with international freight handled through tie-ups with airlines and overseas partners. The company was demerged from the erstwhile Transport Corporation of India and has been listed separately since 2016.

Segments

  • Surface Express
  • Domestic Air Express
  • International Air Express
  • Rail Express
  • C2C Express
  • E-Commerce Express
Company-owned branches
970+
Locations served across India
60,000+
Automated sorting centres
28
Containerized fleet
5,500+ vehicles
Air gateways served
150+
International Air Express reach
200+ countries/territories, 3,000+ overseas pickup points
Headquarters Gurugram, Haryana Company website

How the price took the results

close before → close after

Q1 FY27
+0.8%
6 Aug
Q4 FY26
+4.5%
4 Jun
Q3 FY26
+4.8%
3 Feb
Q2 FY26
−3.9%
6 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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