MarketFriction

Transport Corporation of India Ltd

NSE TCI · BSE 532349 · Logistics Solution Provider
₹877.10 +0.53%
NSE close2026-10-01
52 week range797.00 - 1,242.00
Market cap₹6,674 Cr.
P/E14.6
Price band 20% Delivery 54.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9941,0021,0791,0451,1211,1471,1791,1391,2051,2491,3241,248
Expenses8939029709411,0041,0291,0571,0181,0781,1221,1811,113
Operating Profit100100109104117118122121127127142135
OPM %10%10%10%10%10%10%10%11%11%10%11%11%
Other Income322834323529403136353225
Interest344456656667
Depreciation313333292930292930323636
Profit before tax9791106103118111127118126124132117
Tax %10%12%3%11%9%8%10%9%10%6%6%9%
Net Profit888010392107102115107114116124107
EPS in Rs11.2110.2213.1311.6913.9013.1714.9113.8914.6814.9516.1113.76
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,7271,9432,3502,7542,7182,8023,2593,7834,0244,4924,9175,026
Expenses1,6391,7802,1332,5042,4762,5392,8473,3573,6134,0294,3984,495
Operating Profit88163216250241263412425411463519531
OPM %5%8%9%9%9%9%13%11%10%10%11%11%
Other Income9227374434314470119135131127
Interest253032373427131013202324
Depreciation525969778293113121128118127135
Profit before tax103100152179159174330364388459500499
Tax %15%19%19%19%10%14%11%12%9%9%8%
Net Profit8881124145143150293321354416460460
EPS in Rs11.4610.5316.0818.8418.5319.0837.4540.9145.1253.8359.4559.50
Dividend Payout %13%10%10%10%11%13%11%17%16%15%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%12%9%10%
Compounded Profit Growth22%24%12%7%
Stock Price CAGR17%15%3%-26%
Return on Equity19%20%19%19%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151515151515151516161515
Reserves6055606317468771,0091,1541,4151,6861,9882,1392,551
Borrowings3203544214404704222979692194242312
Other Liabilities197129162196254237272301307304537603
Total Liabilities1,1371,0581,2291,3981,6161,6831,7391,8272,1012,5012,9343,482
Fixed Assets5215325426267277728058017918629641,193
CWIP71257564225726109255343
Investments77687104117135150193286543411487
Other Assets6024385446117687557798269989881,3041,459
Total Assets1,1371,0581,2291,3981,6161,6831,7391,8272,1012,5012,9343,482
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity12510999157179243305368361299359444
Cash from Investing Activity-121-101-122-131-158-135-107-76-193-404-99-367
Cash from Financing Activity-4-1232-30-24-104-176-258-6518-292-35
Net Cash Flow-1-48-4-332134102-87-3242
Free Cash Flow-1211-1561797183297208571032
CFO/OP78%160%76%89%85%118%114%101%89%82%86%101%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days666967666865675754545961
Inventory Days
Days Payable
Cash Conversion Cycle666967666865675754545961
Working Capital Days17712182528384948535251
ROCE %17%10%13%16%17%14%15%23%22%20%21%19%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.95%68.92%68.92%68.93%68.78%68.73%68.81%68.73%68.73%68.73%68.74%68.66%
FIIs2.58%2.61%2.67%2.92%3.01%3.35%3.17%3.18%3.19%3.10%3.03%3.04%
DIIs12.87%12.81%12.18%12.18%12.36%12.33%12.39%12.37%12.65%12.81%12.86%12.69%
Public15.61%15.65%16.22%15.97%15.84%15.59%15.61%15.71%15.43%15.36%15.37%15.61%
No. of Shareholders42,38341,16443,73643,82249,57151,79751,69350,82749,64347,66148,19048,535

Fundamentals

Market Cap₹ 6,674 Cr.
Current Price₹ 869
Stock P/E14.6
Book Value₹ 334
ROCE19.4 %
ROE19.2 %
Dividend Yield1.15 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)7%
Consolidated figures.
Valuation
Market capRs 6,731 Cr
Enterprise valueRs 6,930 Cr
P/E (TTM)14.74x
Price to book2.62x
Price to sales1.34x
EV / EBITDA10.53x
EV / EBIT13.24x
EV / sales1.38x
Price to cash flow15.15x
Earnings yield6.78%
Dividend yield1.14%
P/E, 3-year average18.00x
P/B, 3-year average3.28x
P/E, 5-year average17.06x
P/B, 5-year average3.19x
Profitability
Operating margin (excl. other income)10.56%
Operating margin (incl. other income)13.22%
EBITDA margin13.09%
Pre-tax margin9.93%
Net profit margin9.08%
Net margin, latest quarter8.47%
ROE19.33%
ROCE19.82%
ROA14.22%
ROE, 3-year average19.37%
ROCE, 3-year average20.27%
ROA, 3-year average14.88%
ROE, 5-year average20.13%
ROCE, 5-year average21.25%
ROA, 5-year average15.41%
ROIC (approx.)17.41%
Tax rate8.01%
Other income / net worth5.10%
Growth
Sales growth (latest year)9.46%
Profit growth (latest year)10.64%
Sales CAGR, 3 years9.14%
Sales CAGR, 5 years11.90%
Profit CAGR, 3 years12.87%
Profit CAGR, 5 years25.40%
Sales growth QoQ-5.69%
Profit growth QoQ-14.48%
Sales growth YoY (latest quarter)9.58%
Profit growth YoY (latest quarter)-0.75%
Per share
EPS (TTM)Rs 59.50
EPS (latest year)Rs 59.45
EPS (latest quarter)Rs 13.77
EPS, 3-year averageRs 52.80
EPS, 5-year averageRs 47.35
Book value per shareRs 334.36
Sales per shareRs 654.91
Cash flow per shareRs 57.91
Free cash flow per shareRs 4.17
Dividend per share (latest year)Rs 10.00
Dividend per share, 3-year averageRs 8.33
Dividend per share, 5-year averageRs 7.20
Dividends
Dividend payout16.82%
Dividend payout, 3-year average15.73%
Dividend payout, 5-year average15.00%
Efficiency
Asset turnover1.41x
Fixed asset turnover4.12x
Inventory turnover269.88x
Inventory days1 days
Debtor days61 days
Debtors turnover6.02x
Cash conversion cycle61 days
Working capital days51 days
Leverage
Total debtRs 312 Cr
Cash and bankRs 113 Cr
Net debtRs 199 Cr
Debt to equity0.12x
Net debt / EBITDA0.30x
Interest coverage21.45x
Current ratio (filing 2026-03-31)2.68x
Quick ratio (filing 2026-03-31)2.65x
Trade payables (filing 2026-03-31)Rs 267 Cr
Owners' fund to total sources73.70%
Debt to assets8.97%
Cash flow
Cash from Operating Activity (latest year)Rs 444 Cr
Cash from Investing Activity (latest year)Rs -367 Cr
Cash from Financing Activity (latest year)Rs -35 Cr
Net Cash Flow (latest year)Rs 42 Cr
Free cash flow (latest year)Rs 32 Cr
FCFE (approx.: FCF + change in debt)Rs 103 Cr
Cash from ops / profit, 5 years0.99x
Sales to cash flow11.06x
Statement figures
Net sales (TTM)Rs 5,026 Cr
Net sales (latest year)Rs 4,917 Cr
Sales (latest quarter)Rs 1,248 Cr
Operating profit excl. other income (latest year)Rs 519 Cr
Operating profit (latest quarter)Rs 135 Cr
Other income (TTM)Rs 127 Cr
EBITDA (TTM)Rs 658 Cr
PBDT (TTM)Rs 634 Cr
Profit before tax (TTM)Rs 499 Cr
Tax (latest year)Rs 40 Cr
Net profit (TTM)Rs 457 Cr
Net profit (latest year)Rs 456 Cr
Net profit (latest quarter)Rs 106 Cr
Depreciation (TTM)Rs 135 Cr
Depreciation (latest quarter)Rs 36 Cr
Interest (TTM)Rs 24 Cr
Cost of goods sold (latest year)Rs 3,989 Cr
Total expenditure (latest year)Rs 4,398 Cr
Total income (latest year)Rs 5,048 Cr
Share capitalRs 15 Cr
ReservesRs 2,551 Cr
Shareholders' fundsRs 2,566 Cr
Total assetsRs 3,482 Cr
Net blockRs 1,193 Cr
Capital work in progressRs 343 Cr
InvestmentsRs 487 Cr
ReceivablesRs 816 Cr
InventoryRs 15 Cr
Other liabilitiesRs 603 Cr
Shares outstanding (crore)7.67
Ownership
Promoter holding68.66% (-0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 14.7 is at the 19th percentile of its own 9.4-year range (median 19.0, low 8.1, high 39.0).
P/B 2.62 is at the 20th percentile (median 3.40).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTCINifty 50Difference
1 week+5.2%-2.8% +8.0 pts
1 month-0.7%-6.8% +6.1 pts
3 months-5.8%-7.6% +1.8 pts
6 months-5.0%+0.4% -5.4 pts
1 year-26.9%-9.9% -17.0 pts
2 years-20.5%-13.6% -6.9 pts
3 years+11.9%+14.2% -2.3 pts
5 years+107.2%+27.9% +79.3 pts
14 mutual fund schemes hold about ₹750 Cr. Over three months 1 bought more and 4 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund0.99%414 -4%
HDFC Children's Fund(Lock in)0.87%93 -2%
Tata Small Cap Fund0.52%68 -5%
HDFC Retirement Fund-Equity Plan0.84%59 -3%
Mirae Asset Small Cap Fund0.54%31 -15%
Tata Multicap Fund0.81%29 -4%
HDFC Multi Asset Allocation Fund0.20%12 -3%
LIC MF Small Cap Fund1.42%12 -11%
Bandhan Infrastructure Fund0.78%11 +6%
LIC MF Infra Fund0.90%11 -20%
HDFC Retirement Fund-Hybrid-Equity Plan0.59%10 +0%
HDFC Retirement Fund-Hybrid-Debt Plan0.59%1 +2%
Motilal Oswal BSE 1000 Index Fund0.01%0 -4%
LIC MF ULIS Regular Premium Uniform Cover Yrly 15Y0.00%0 -100%

Red flags

F-score 4 of 8
lookRegulator order or action Regulator order or action 2026-07-21: Transport Corporation of India Limited has informed the Exchange about receipt of a rectification order.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,248 Cr +9.6% vs Jun 2025. Net profit ₹107 Cr +0.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Re 1 Per Share
2026-02-10Interim Dividend - Rs 9 Per Share
2025-07-21Annual General Meeting
2025-01-30Interim Dividend - Rs 4.50 Per Share
2024-10-31Interim Dividend - Rs 3.50 Per Share
2024-09-04Buy Back
2024-07-19Dividend - Rs 2 Per Share
2024-07-19Annual General Meeting
2024-02-09Interim Dividend - Rs 2.50 Per Share
2023-11-07Interim Dividend - Rs 2.50 Per Share
2023-07-25Annual General Meeting/Dividend - Rs 2 Per Share
2023-02-07Interim Dividend - Rs 2.50 Per Share
2022-11-03Interim Dividend - Rs 2.50 Per Share
2022-07-26Annual General Meeting/Dividend - Rs 2 Per Share
2022-02-03Interim Dividend - Rs 2 Per Share
2021-11-08 Interim Dividend - Rs 2 Per Share
2021-07-27 Annual General Meeting/Dividend - Rs 1.30 Per Share
2021-02-10 Interim Dividend - Re 1.20 Per Share
2020-08-05 Annual General Meeting
2020-03-19 Interim Dividend - Re 1 Per Share
2019-11-13 Interim Dividend - Rs 1 Per Share
2019-07-22 Annual General Meeting
2019-02-18 Interim Dividend - Re 1 Per Share
2018-11-13 Interim Dividend - 0.80 Per Share
2018-07-26 Annual General Meeting
2018-02-15 Interim Dividend Re 1/- Per Share (Purpose Revised)
2017-11-09 Interim Dividend - Re 0.60 Per Share (Purpose Revised)
2017-07-26 Annual General Meeting
2017-02-09 Interim Dividend Re 0.50 Per Share (Purpose Revised)
2016-11-10 Interim Dividend Re 0.60 Per Share (Purpose Revised)
2016-10-27 Annual General Meeting
2016-08-26 Scheme Of Arrangement
2016-03-22 Interim Dividend - Re 0.90/- Per Share (Purpose Revised)
2016-02-08 Interim Dividend - Re 0.60/- Per Share (Purpose Revised)
2015-07-23Annual General Meeting/Dividend - Re 0.90/- Per Share
2015-02-03Interim Dividend - Re 0.60/- Per Share (Purpose Revised)
2014-07-17Annual General Meeting / Final Dividend - Re 0.80/- Per Share
2014-01-31Interim Dividend - Re 0.50/- Per Share (Purpose Revised)
2013-07-18Annual General Meeting / Dividend Re 0.60 Per Share
2013-02-01Interim Dividend Re 0.40 Per Share (Purpose Revised)
2012-07-19Annual General Meeting/Dividend Rs 0.60 Per Share
2012-02-09Interim Dividend Re.0.40 Per Share (Purpose Revised)
2011-07-21Dividend-Re.0.50 Per Share
2011-01-28Interim Dividend-Re.0.40 Per Share (Purpose Revised)
2010-10-20Scheme Of Arrangement
2010-07-19Annual General Meeting And Final Dividend Re.0.40 Per Share
2010-02-03Int Div-Re.0.40 Per Share
2009-07-17Dividend-Re.0.60 Pr Share
2008-07-24Dividend - 15%
2008-02-08Int Div- Re0.30 Per Share
2007-07-20Final Dividend-15%
2007-02-08Interim Dividend-15%
2006-12-05Fv Split Rs.10/- To Rs.2/0.2000
2006-10-17Agm/Dividend-25%
DateTypeWhat it says
2026-10-01Credit Rating- NewCredit Rating- New and Reaffirmed
2026-10-01UpdatesSubmission of Corrigendum to Public Announcement for Buyback of fully paid-equity shares.
2026-09-30UpdatesSubmission of Board Resolution for Buyback of fully paid-equity shares.
2026-09-30UpdatesSubmission of Public Announcement for Buyback of fully paid-equity shares.
2026-09-29UpdatesIntimation regarding promoters intention to participate in the Buyback - Promoter Group of the Company, vide their letters dated September 29, 2026, ...
2026-09-29BuybackBuyback of equity shares of the Company and matters incidental thereto.
2026-09-29Board meeting outcomeThe incorporation of a Wholly Owned Subsidiary company in Peoples Republic of China ( WOS )
2026-09-29Record DateRecord date for the purpose of BB is 09-Oct-2026.
2026-09-29Board meeting outcomeOutcome of Board Meeting held on September 29, 2026 pertaining to the Buyback of equity shares of the Company and matters incidental thereto.
2026-09-11UpdatesIntimation with respect to transfer of equity shares under Section 124(6) of the Companies Act, 2013 to the Investor Education and Protection Fund (IE...
2026-08-07Concall / analyst meetTranscript for the quarter ended June 30, 2026
2026-08-03Concall / analyst meetLink of Recording
2026-08-03Investor PresentationInvestor Presentation
2026-07-30Shareholder meetingVoting Results and Scrutinizers report of the 31st Annual General Meeting held on July 30, 2026.
2026-07-30Shareholder meetingSummary of the Proceedings of Annual General Meeting held on July 30, 2026
2026-07-30Press ReleaseA press release dated July 30, 2026, on Unaudited Financial Results (Standalone and Consolidated) for the First Quarter Ended on June 30, 2026.
2026-07-30Board meeting outcomeTransport Corporation of India Limited has submitted to the Exchange, the Un-Audited Financial Results for the period ended Jun 30, 2026.
2026-07-29Concall / analyst meetRevision in the schedule of Investor/Analyst meet
2026-07-21Regulatory actionReceipt of a rectification order.
2026-07-20UpdatesRe- lodgement of transfer requests of physical shares- As per SEBI Special Window Requirement.
2026-07-16Concall / analyst meetSchedule of meet
2026-07-06General UpdatesLetter to the shareholders containing the weblink of the Company s website from where Notice of the 31st Annual General Meeting (AGM) and Annual Repor...
2026-07-06General UpdatesBusiness Responsibility and Sustainability Report for the financial year ended March 31, 2026.
2026-07-06Shareholder meetingNotice of 31st Annual General Meeting to be held on Thursday, July 30, 2026 at 10:15 AM (IST).
2026-07-06Shareholder meetingNotice of Annual General Meeting to be held on July 30, 2026
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-04-07NCLATVatsal Thakkar VS Transport Corporation of India Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Transport Corporation of India Ltd?

Transport Corporation of India Ltd (TCI) has a market capitalisation of Rs 6,674 Cr. at the 2026-10-01 close.

What is the P/E ratio of Transport Corporation of India Ltd?

Transport Corporation of India Ltd trades at a P/E of 14.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Transport Corporation of India Ltd's latest quarterly results?

In the Jun 2026 quarter, Transport Corporation of India Ltd sales was Rs 1,248 Cr (+9.6% vs Jun 2025) and net profit was Rs 107 Cr.

What is the 52-week high and low of Transport Corporation of India Ltd?

The 52-week high is Rs 1,242.00 and the 52-week low is Rs 797.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03