TCI Express logo

TCI Express share price

NSE: TCIEXPBSE: 540212Transport ServicesSmall Cap

Last close ₹458.70down ₹9.85 (2.10%)BSE ₹459.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹468.55.

52-week range of traded prices to 23 Oct 2026
₹447.55Low, 27 Mar 2026₹705.00High, 3 Nov 2025
Market cap
₹1,763 Cr1,149th largest listed
P/E
21.4
P/B
2.2
Dividend yield
1.53%
ROE
10.4%
ROCE
11.9%
Debt to equity
0.04
Volume, NSE
14,52641.4% delivered

Share price

Daily closes since Dec 2016, adjusted for splits and bonuses

−31.4%over a year

ResultsDividend20-session average 3,43,935 shares a day, 39.4% delivered

Results

Standalone, as consolidated accounts are on record for only 4 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹312 Crdown 4.55%
Net profit
₹22 Crup 7.75%
Net margin
7.2%

Revenue by year

Peak revenue ₹1,254 Cr, year to Mar 2024

Net profit by year, a loss in red

₹ croreSep 2024Filed 30 OctDec 2024Filed 6 FebMar 2025Filed 13 JunJun 2025Filed 14 AugSep 2025Filed 6 NovDec 2025Filed 3 FebMar 2026Filed 27 MayJun 2026Filed 6 Aug
Revenue311296307287309314327312
Net profit2621212125232122
Net margin8.5%7.0%6.7%7.3%8.2%7.3%6.4%7.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Express Cargo, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 0.2% of 2,223 trading days since Nov 2017.

LowestHighest
Its median36.9Industry median14.1
Price to book

At or below today's level on 0.1% of 1,972 trading days since Nov 2018.

LowestHighest
Its median9.0Industry median1.4
EV to EBITDA13.8

At or below today's level on 0.1% of 1,972 trading days since Nov 2018.

LowestHighest
Its median24.2Industry median10.2
Dividend yield

At or below today's level on 96% of 2,426 trading days since Jan 2017.

LowestHighest
Its median0.49%Industry median1.06%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−23.2%−1.1%−23.8%1.5%
3 years−31.2%−13.6%−21.8%1.2%
5 years−12.5%−2.2%−11.4%0.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters69.42%
  • Foreign institutions0.77%
  • Indian institutions8.72%
  • Individuals and others21.09%
Holder
TCI EXPRESS CONSOLIDATED LIMITEDPromoter45.09%
VINEET AGARWALPromoter5.22%
TCI Trading (Dharmpal Agarwal)Promoter4.10%
DHARAM PAL AGARWAL (HUF)Promoter2.65%
URMILA AGARWALPromoter2.41%
CHANDER AGARWALPromoter2.39%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

7 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Cut
3
Held unchanged
4
Fund
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund19,84,9210.19%₹103.5 Cr
HDFC Mutual Fund logoHDFC Small Cap FundHDFC Mutual Fund4,75,4140.06%₹24.8 Cr
HDFC Mutual Fund logoHDFC Manufacturing fundHDFC Mutual Fund3,89,8150.20%₹20.3 Cr
Tata Mutual Fund logoTata Infrastructure FundTata Mutual Fund2,63,1640.69%₹13.7 Cr
UTI Mutual Fund logoUTI Transportation and Logistics FundUTI Mutual Fund1,52,8010.19%₹7.97 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund23,414–₹1.22 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund33–₹17,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Logistics Solution Provider, 85 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to TCI Express in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
VRL Logistics logoVRL LogisticsVRLLOG4,55017.04.07.3+5.6%+21.8%24.0%26.7%1.92%
Afcom Holdings logoAfcom HoldingsAFCOM3,80425.3––––44.4%–0.00%
Mahindra Logistics logoMahindra LogisticsMAHLOG3,67695.53.18.5+16.9%–4.8%10.5%0.68%
Gateway Distriparks logoGateway DistriparksGATEWAY2,3499.61.05.5+17.7%−36.1%10.9%11.4%6.91%
Skyways Air Services logoSkyways Air ServicesSKYWAYS1,387–––––––0.94%
Allcargo Logistics logoAllcargo LogisticsALLCARGO1,385–2.4–−35.8%–––0.00%
Navkar Corporation logoNavkar CorporationNAVKARCORP1,17229.30.610.1+46.5%–2.1%3.4%0.00%
Reliance Industrial Infrastructure logoReliance Industrial InfrastructureRIIL1,00584.62.2–−23.6%−1.9%2.5%−2.3%0.53%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹8.00 a share, in 4 years, the latest the year to Mar 2025.
Ex-dateTypePer share
6 Feb 2026Interim₹7.00
16 Jul 2025Final₹2.00
12 Feb 2025Interim₹3.00
8 Nov 2024Interim₹3.00
6 Aug 2024Final₹2.00
20 Feb 2024Interim₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

TCI Express share price by year

Each calendar year to 2025.TCI Express share price history

YearClose at year endChangeHighest closeLowest close
2025575.10−29.3%845.05561.50
2024813.20−40.8%1,416.25806.70
20231,374.40−23.4%1,870.601,319.05
20221,793.65−19.0%2,225.151,503.75
20212,213.20+139.0%2,520.25829.70
2020925.95+24.7%938.70525.85
2019742.35+18.4%811.00540.95
2018627.05+10.8%728.30439.05
2017566.15+95.7%588.10286.70
2016289.35–351.95271.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 15 Dec 2016.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026468.00468.05454.30458.70458.0714,52641.4%
22 Oct 2026464.60472.55455.05468.55463.5912,18944.9%
21 Oct 2026467.90471.25452.30464.60462.1421,84052.3%
19 Oct 2026486.00486.00462.60468.95472.3710,11245.8%
16 Oct 2026475.10484.10471.70481.30478.1713,16151.5%
15 Oct 2026481.20481.90473.00475.60476.4613,25754.6%
14 Oct 2026476.75486.25471.55481.20481.6317,44450.8%
13 Oct 2026465.05478.90461.05475.70469.8723,53046.8%
12 Oct 2026471.25479.80461.55465.15469.1738,17140.7%
9 Oct 2026485.00487.00460.55466.15468.5270,74136.9%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
TCI Express Limited
NSE symbol
TCIEXP
BSE code
540212
ISIN
INE586V01016
Industry
Transport Services
Listed
Dec 2016
Face value
₹2
CIN
L62200TG2008PLC061781
Corporate identity number, the registrar of companies' code for it