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TCI Express TCIEXP.NS · INR

Industrials · NSE · 🇮🇳 India

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481.75

-1.32%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹12.37bn

FY2017FY2026

Net income

₹814.3m

FY2017FY2026

Free cash flow

−₹227.5m

FY2017FY2026

Shareholders' equity

₹8.19bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹12.37bn₹12.08bn₹12.54bn₹12.41bn₹10.81bn₹8.44bn₹10.32bn₹10.24bn₹8.85bn₹7.50bn
Gross profit₹1.79bn₹1.84bn₹2.40bn₹2.21bn₹1.99bn₹1.59bn₹1.49bn₹1.43bn₹1.12bn₹801.6m
Operating income₹995.1m₹1.16bn₹1.75bn₹1.86bn₹1.73bn₹1.33bn₹1.19bn₹1.15bn₹884.3m₹608.0m
Net income₹814.3m₹858.1m₹1.32bn₹1.39bn₹1.29bn₹1.01bn₹890.8m₹728.4m₹584.0m₹374.9m
Diluted earnings per share20.6322.2844.3236.2633.4026.1222.6918.9415.199.77

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹10.25bn₹9.19bn₹8.50bn₹7.35bn₹6.57bn₹5.47bn₹4.32bn₹3.79bn₹3.44bn₹2.52bn
Cash and short-term investments₹1.41bn₹1.63bn₹1.07bn₹459.6m₹1.03bn₹842.3m₹397.1m₹161.3m₹117.4m₹87.8m
Total liabilities₹2.06bn₹1.54bn₹1.46bn₹1.39bn₹1.21bn₹1.13bn₹942.6m₹1.12bn₹1.37bn₹923.7m
Debt₹633.5m₹98.6m₹104.6m₹70.7m₹11.2m₹22.4m₹40.3m₹98.4m₹406.6m₹310.3m
Shareholders' equity₹8.19bn₹7.64bn₹7.04bn₹5.96bn₹5.36bn₹4.34bn₹3.37bn₹2.67bn₹2.07bn₹1.60bn
Shares outstanding39m39m30m38m39m39m39m38m38m38m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹1.03bn₹1.19bn₹1.36bn₹1.47bn₹1.28bn₹1.19bn₹807.8m₹775.4m₹738.7m₹523.5m
Capital spending−₹1.25bn−₹506.1m−₹521.7m−₹1.26bn−₹804.6m−₹576.8m−₹189.8m−₹193.9m−₹628.9m−₹380.6m
Free cash flow−₹227.5m₹685.3m₹838.5m₹207.7m₹471.0m₹611.7m₹618.0m₹581.5m₹109.8m₹142.8m
Dividends paid−₹345.7m−₹307.0m−₹306.7m−₹307.6m−₹307.9m−₹76.9m−₹176.4m−₹111.1m−₹107.2m−₹30.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹3.13bn₹3.28bn₹3.14bn₹3.09bn₹2.87bn₹3.07bn₹2.96bn₹3.12bn
Gross profit₹408.9m₹455.9m₹451.2m₹474.8m₹403.8m₹451.9m₹427.4m₹511.7m
Operating income₹243.9m₹222.3m₹264.4m₹269.1m₹225.5m₹208.1m₹226.2m₹317.8m
Net income₹204.9m₹160.3m₹220.3m₹239.1m₹194.7m₹193.6m₹191.9m₹249.3m
Diluted earnings per share5.194.065.726.215.065.036.468.39
Cash from operations———₹210.0m—₹1.18bn—₹216.0m
Capital spending———−₹157.0m—−₹506.0m—−₹121.0m
Free cash flow———₹53.0m—₹678.0m—₹95.0m
Total assets—₹10.25bn—₹9.68bn—₹9.19bn—₹8.80bn
Cash and short-term investments₹1.37bn₹1.41bn₹1.62bn₹1.85bn₹1.60bn₹1.63bn₹1.06bn₹1.06bn
Debt—₹429.1m—₹140.0m—₹98.6m—₹89.2m
Shareholders' equity₹8.19bn₹8.19bn₹8.07bn₹8.07bn₹7.64bn₹7.64bn₹7.48bn₹7.48bn

Financial ratios

Data as of 25 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin14.5%15.2%19.1%17.8%18.4%18.9%
Operating margin8.0%9.6%14.0%15.0%16.0%15.8%
Net margin6.6%7.1%10.5%11.2%11.9%11.9%
Return on equity9.9%11.2%18.7%23.4%24.0%23.2%
Return on assets7.9%9.3%15.5%19.0%19.6%18.4%
Free cash flow yield11.5%8.8%12.6%14.1%10.8%9.1%
Revenue growth2.4%-3.6%1.0%14.8%28.1%-18.2%
Earnings growth-5.1%-34.8%-5.5%8.1%28.1%12.9%
Current ratio3.12x3.20x2.96x2.41x2.93x2.60x
Debt to equity0.05x0.01x0.01x0.01x0.00x0.00x
Equity ratio79.9%83.2%82.8%81.1%81.6%79.4%
Interest coverage46.72x88.92x119.16x102.81x189.97x170.46x
Buybacks as a share of market value-2.5%-29.7%22.7%0.4%-0.2%1.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-0.1%8.0%—
Operating income-18.8%-5.6%—
Net income-16.4%-4.1%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin14.8%16.7%17.2%—
Operating margin8.8%11.7%12.9%—
Net margin6.8%8.9%9.7%—

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings24.525.818.437.953.784.740.839.241.358.0
Price to sales1.61.81.94.36.410.13.52.82.72.9

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 6 Feb 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year9.008.008.008.008.002.004.602.90

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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