TCI Express Ltd

TCI Express Ltd

₹ 1,043 -0.40%
08 May - close price
About

TCI Express Limited is an express cargo logistics company with its own set up across India. It carries distribution through various modes of transport and is specialized in offering time definite solutions. [1]

Key Points

Services offered
The company provides logistics solutions such as Surface Express, Domestic Air Express, International Air Express, and E-Commerce. It has launched and expanded Rail service offerings and added new services such as Pharma Cold Chain and C2C express. [1] [2]

  • Market Cap 3,999 Cr.
  • Current Price 1,043
  • High / Low 1,701 / 998
  • Stock P/E 28.9
  • Book Value 172
  • Dividend Yield 0.77 %
  • ROCE %
  • ROE %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 6.06 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Logistics Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023
326 305 320 312
272 258 270 266
Operating Profit 54 46 50 46
OPM % 17% 15% 16% 15%
2 1 2 2
Interest 1 0 0 0
Depreciation 4 5 5 5
Profit before tax 51 43 47 42
Tax % 24% 25% 25% 24%
38 32 36 32
EPS in Rs 10.04 8.44 9.28 8.40
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 TTM
1,241 1,263
1,047 1,066
Operating Profit 194 197
OPM % 16% 16%
7 7
Interest 2 2
Depreciation 15 18
Profit before tax 185 183
Tax % 25%
139 139
EPS in Rs 36.35 36.16
Dividend Payout % 22%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: %
5 Years: 11%
3 Years: 3%
1 Year: -31%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Sep 2023
Equity Capital 8 8
Reserves 589 652
7 11
132 125
Total Liabilities 735 795
374 377
CWIP 61 70
Investments 33 47
267 302
Total Assets 735 795

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
147
-65
-84
Net Cash Flow -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Debtor Days 62
Inventory Days
Days Payable
Cash Conversion Cycle 62
Working Capital Days 38
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.79% 66.70% 66.70% 66.69% 66.69% 66.66% 66.87% 69.66% 69.66% 69.61% 69.61% 69.61%
1.92% 1.46% 2.12% 2.00% 1.89% 1.84% 1.73% 2.04% 2.30% 3.04% 2.93% 2.42%
10.45% 10.79% 9.54% 8.12% 8.80% 10.45% 10.43% 10.24% 10.17% 8.84% 8.35% 8.92%
20.83% 21.05% 21.64% 23.19% 22.62% 21.04% 20.98% 18.06% 17.88% 18.50% 19.09% 19.07%
No. of Shareholders 32,32637,00543,55742,63442,26741,57743,51742,54844,01052,12053,42149,661

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls