TCI Express Ltd

About [ edit ]

TCI Express is engaged in the business to carry express cargo distribution.(Source : 202003-01 Annual Report Page No:92)

  • Market Cap 3,633 Cr.
  • Current Price 945
  • High / Low 1,024 / 511
  • Stock P/E 47.2
  • Book Value 95.0
  • Dividend Yield 0.42 %
  • ROCE 38.2 %
  • ROE 29.6 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30.58%

Cons

  • Stock is trading at 9.95 times its book value

Peer comparison

Sector: Miscellaneous Industry: Couriers

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Quarterly Results

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
249 248 247 263 266 256 269 268 238 89 213 262
221 221 220 232 232 227 239 234 211 87 180 217
Operating Profit 28 27 27 31 34 30 31 34 27 2 33 45
OPM % 11% 11% 11% 12% 13% 12% 11% 13% 11% 2% 15% 17%
Other Income 1 1 1 1 1 1 2 1 1 1 1 2
Interest 1 1 1 1 0 0 0 0 0 0 0 0
Depreciation 2 1 2 2 2 2 2 2 2 2 2 2
Profit before tax 26 25 25 29 33 28 30 33 26 1 32 45
Tax % 32% 35% 36% 35% 34% 35% 14% 22% 25% 27% 26% 25%
Net Profit 18 16 16 19 22 18 26 26 19 1 23 34
EPS in Rs 4.65 4.21 4.25 4.89 5.67 4.81 6.80 6.66 4.96 0.24 6.11 8.75

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
0 0 750 885 1,024 1,032 802
0 0 688 794 904 910 696
Operating Profit 0 -0 62 91 119 122 107
OPM % 8% 10% 12% 12% 13%
Other Income 0 0 1 2 3 4 6
Interest 0 0 2 4 4 1 1
Depreciation 0 0 4 5 7 8 9
Profit before tax 0 -0 57 84 112 117 103
Tax % 0% 34% 30% 35% 24%
Net Profit 0 -0 37 58 73 89 77
EPS in Rs 9.79 15.25 19.01 23.22 20.06
Dividend Payout % 0% 16% 16% 16% 17%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:11%
TTM:-24%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:33%
TTM:-16%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:21%
1 Year:37%
Return on Equity
10 Years:%
5 Years:28%
3 Years:31%
Last Year:30%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
0 8 8 8 8 8 8
Reserves 0 115 153 199 260 330 357
Borrowings 0 41 32 41 10 4 2
0 42 52 96 102 90 104
Total Liabilities 0 198 244 344 379 432 471
0 64 97 162 173 185 197
CWIP 0 9 8 0 1 11 22
Investments 0 0 0 0 1 30 76
0 126 139 182 203 206 176
Total Assets 0 198 244 344 379 432 471

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0 -77 52 74 78 81
0 -76 -39 -63 -26 -60
0 163 -15 -8 -47 -26
Net Cash Flow 0 11 -2 3 5 -4

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % -0% 33% 40% 44% 38%
Debtor Days 55 64 58 59
Inventory Turnover

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
67.01 66.97 66.97 66.97 66.97 66.89 66.89 66.91 66.93 66.79 66.79 66.79
3.67 3.78 4.37 4.14 3.96 3.61 3.55 2.67 2.10 2.06 2.20 2.27
9.41 5.50 6.62 7.33 8.29 6.36 6.96 8.27 9.40 9.77 9.98 10.30
19.91 23.75 22.05 21.56 20.79 23.14 22.60 22.15 21.57 21.38 21.03 20.64

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