About
TCI Express Limited provides express delivery solutions in India and internationally. It provides surface express; domestic and international air express; e-commerce express; C2C express; rail express; and cold chain express services. The company serves pharmaceuticals and cold chain, defense and aerospace, engineering, automobile and component, consumer durables, SME, textile and lifestyle, solar and electric vehicles, and Home improvement and lifestyle product industries. The company was formerly known as TCI Properties (Pune) Limited. TCI Express Limited was founded in 1996 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap2,119 Cr
P/E25.20
Div Yield1.27 %
Book Value₹213.00
52w High₹780.00
52w Low₹448.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 312.00 | 327.00 | 314.00 | 309.00 | 287.00 | 307.00 | 296.00 | 311.00 | 293.00 | 317.00 | 312.00 | 320.00 | 305.00 |
| Expenses | 278.00 | 294.00 | 281.00 | 273.00 | 257.00 | 279.00 | 266.00 | 273.00 | 259.00 | 272.00 | 266.00 | 270.00 | 258.00 |
| Operating Profit | 34.00 | 33.00 | 33.00 | 35.00 | 30.00 | 28.00 | 30.00 | 38.00 | 34.00 | 45.00 | 46.00 | 50.00 | 46.00 |
| OPM % | 11.00 | 10.00 | 11.00 | 11.00 | 10.00 | 9.00 | 10.00 | 12.00 | 11.00 | 14.00 | 15.00 | 16.00 | 15.00 |
| Other Income | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 | 6.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Depreciation | 7.00 | 9.00 | 6.00 | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Interest | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 30.00 | 27.00 | 30.00 | 33.00 | 28.00 | 27.00 | 27.00 | 35.00 | 30.00 | 42.00 | 42.00 | 47.00 | 43.00 |
| Tax % | 24.00 | 24.00 | 25.00 | 24.00 | 24.00 | 24.00 | 25.00 | 25.00 | 24.00 | 24.00 | 24.00 | 25.00 | 25.00 |
| Net Profit | 22.00 | 21.00 | 23.00 | 25.00 | 21.00 | 21.00 | 21.00 | 26.00 | 23.00 | 32.00 | 32.00 | 36.00 | 32.00 |
| EPS in Rs | 5.83 | 5.41 | 5.96 | 6.55 | 5.48 | 5.39 | 5.39 | 6.86 | 6.03 | 8.24 | 8.40 | 9.28 | 8.44 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,236.00 | 1,208.00 | 1,254.00 | 1,241.00 | 1,081.00 | 844.00 | 1,032.00 | 1,024.00 | 885.00 | 750.00 | 0.00 | 0.00 |
| Expenses | 1,104.00 | 1,078.00 | 1,067.00 | 1,047.00 | 907.00 | 710.00 | 910.00 | 904.00 | 794.00 | 688.00 | 0.00 | 0.00 |
| Operating Profit | 132.00 | 130.00 | 187.00 | 194.00 | 175.00 | 134.00 | 122.00 | 119.00 | 91.00 | 62.00 | 0.00 | 0.00 |
| OPM % | 11.00 | 11.00 | 15.00 | 16.00 | 16.00 | 16.00 | 12.00 | 12.00 | 10.00 | 8.00 | — | — |
| Other Income | 14.00 | 13.00 | 7.00 | 7.00 | 8.00 | 8.00 | 4.00 | 3.00 | 2.00 | 1.00 | 0.00 | 0.00 |
| Interest | 2.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 4.00 | 4.00 | 2.00 | 0.00 | 0.00 |
| Depreciation | 25.00 | 22.00 | 19.00 | 15.00 | 10.00 | 9.00 | 8.00 | 7.00 | 5.00 | 4.00 | 0.00 | 0.00 |
| Profit before tax | 119.00 | 120.00 | 174.00 | 185.00 | 172.00 | 132.00 | 117.00 | 112.00 | 84.00 | 57.00 | 0.00 | 0.00 |
| Tax % | 24.00 | 24.00 | 24.00 | 25.00 | 25.00 | 24.00 | 24.00 | 35.00 | 30.00 | 34.00 | 0.00 | — |
| Net Profit | 90.00 | 91.00 | 132.00 | 139.00 | 129.00 | 101.00 | 89.00 | 73.00 | 58.00 | 37.00 | 0.00 | 0.00 |
| EPS in Rs | 23.38 | 23.65 | 34.35 | 36.35 | 33.47 | 26.17 | 23.22 | 19.01 | 15.25 | 9.79 | — | — |
| Dividend Payout % | 30.00 | 34.00 | 23.00 | 22.00 | 24.00 | 15.00 | 17.00 | 16.00 | 16.00 | 16.00 | 0.00 | — |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 0.05 |
| Reserves | 821.00 | 762.00 | 696.00 | 589.00 | 528.00 | 426.00 | 330.00 | 260.00 | 199.00 | 153.00 | 115.00 | 0.00 |
| Borrowings | 30.00 | 10.00 | 10.00 | 7.00 | 1.00 | 2.00 | 4.00 | 10.00 | 41.00 | 32.00 | 41.00 | 0.00 |
| Other Liabilities | 141.00 | 144.00 | 136.00 | 132.00 | 120.00 | 110.00 | 90.00 | 102.00 | 96.00 | 52.00 | 35.00 | 0.00 |
| Total Liabilities | 1,000.00 | 923.00 | 850.00 | 735.00 | 657.00 | 547.00 | 432.00 | 379.00 | 344.00 | 244.00 | 198.00 | 0.00 |
| Fixed Assets | 494.00 | 455.00 | 452.00 | 374.00 | 320.00 | 228.00 | 185.00 | 173.00 | 162.00 | 97.00 | 64.00 | 0.00 |
| CWIP | 29.00 | 15.00 | 16.00 | 61.00 | 6.00 | 28.00 | 11.00 | 1.00 | 0.00 | 8.00 | 9.00 | 0.00 |
| Investments | 159.00 | 162.00 | 94.00 | 33.00 | 88.00 | 60.00 | 30.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 319.00 | 292.00 | 288.00 | 267.00 | 243.00 | 231.00 | 206.00 | 203.00 | 182.00 | 139.00 | 126.00 | 0.00 |
| Total Assets | 1,000.00 | 923.00 | 850.00 | 735.00 | 657.00 | 547.00 | 432.00 | 379.00 | 344.00 | 244.00 | 198.00 | 0.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 104.00 | 118.00 | 136.00 | 147.00 | 128.00 | 102.00 | 81.00 | 78.00 | 74.00 | 52.00 | -77.00 | 0.00 |
| Cash from Investing Activity | -62.00 | -88.00 | -108.00 | -65.00 | -90.00 | -96.00 | -60.00 | -26.00 | -63.00 | -39.00 | -76.00 | 0.00 |
| Cash from Financing Activity | -41.00 | -32.00 | -28.00 | -84.00 | -31.00 | -8.00 | -26.00 | -47.00 | -8.00 | -15.00 | 163.00 | 0.00 |
| Net Cash Flow | 1.00 | -3.00 | 0.00 | -2.00 | 7.00 | -2.00 | -4.00 | 5.00 | 3.00 | -2.00 | 11.00 | 0.00 |
| Free Cash Flow | 25.00 | 95.00 | 84.00 | 22.00 | 48.00 | 47.00 | 62.00 | 58.00 | 11.00 | 14.00 | -150.00 | 0.00 |
| CFO/OP % | 99.00 | 110.00 | 94.00 | 98.00 | 97.00 | 97.00 | 92.00 | 97.00 | 107.00 | 117.00 | 767,500.00 | — |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70.00 | 68.00 | 67.00 | 62.00 | 64.00 | 73.00 | 59.00 | 58.00 | 64.00 | 55.00 | — |
| Cash Conversion Cycle | 70.00 | 68.00 | 67.00 | 62.00 | 64.00 | 73.00 | 59.00 | 58.00 | 64.00 | 55.00 | — |
| Working Capital Days | 43.00 | 41.00 | 42.00 | 37.00 | 38.00 | 36.00 | 33.00 | 26.00 | 14.00 | 22.00 | — |
| ROCE % | 15.00 | 16.00 | 27.00 | 33.00 | 36.00 | 34.00 | 38.00 | 44.00 | 40.00 | 33.00 | 0.00 |
Corporate Actions
27 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 06 Feb 2026 | 07 Feb 2026 | — | 7.00 | |
| Dividend | 16 Jul 2025 | 16 Jul 2025 | — | 2.00 | |
| Dividend | 12 Feb 2025 | 12 Feb 2025 | — | 3.00 | |
| Dividend | 08 Nov 2024 | 08 Nov 2024 | — | 3.00 | |
| Dividend | 06 Aug 2024 | — | — | 2.00 | |
| Dividend | 20 Feb 2024 | 20 Feb 2024 | — | 3.00 | |
| Dividend | 26 Oct 2023 | 26 Oct 2023 | — | 3.00 | |
| Dividend | 28 Jul 2023 | — | — | 2.00 | |
| Dividend | 08 Feb 2023 | 08 Feb 2023 | — | 3.00 | |
| Dividend | 04 Nov 2022 | 08 Nov 2022 | — | 3.00 | |
| Dividend | 27 Jul 2022 | — | — | 2.00 | |
| Dividend | 03 Feb 2022 | 05 Feb 2022 | — | 3.00 | |
| Dividend | 28 Oct 2021 | 30 Oct 2021 | — | 3.00 | |
| Dividend | 20 Jul 2021 | 22 Jul 2021 | — | 2.00 | |
| Dividend | 16 Feb 2021 | 17 Feb 2021 | — | 2.00 | |
| Other | 16 Jul 2020 | — | — | — | Annual General Meeting |
| Dividend | 19 Mar 2020 | 21 Mar 2020 | — | 1.00 | |
| Dividend | 03 Feb 2020 | 04 Feb 2020 | — | 1.50 | |
| Dividend | 11 Nov 2019 | 13 Nov 2019 | — | 1.50 | |
| Dividend | 23 Jul 2019 | — | — | 0.60 | |
| Dividend | 15 Feb 2019 | 19 Feb 2019 | — | 1.20 | |
| Dividend | 13 Nov 2018 | 14 Nov 2018 | — | 1.20 | |
| Dividend | 25 Jul 2018 | — | — | 0.50 | |
| Dividend | 07 Feb 2018 | 08 Feb 2018 | — | 1.00 | |
| Dividend | 08 Nov 2017 | 09 Nov 2017 | — | 1.00 | |
| Dividend | 25 Jul 2017 | — | — | 0.80 | |
| Dividend | 07 Feb 2017 | 08 Feb 2017 | — | 0.80 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update12 May from crisil
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Rating update12 Feb 2025 from crisil
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Rating update12 Sep 2024 from icra
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Rating update15 Nov 2023 from crisil
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Rating update26 Sep 2023 from icra
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Rating update14 Sep 2022 from icra
Conference Calls
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