Transport Corporation of India (NSE:TCI) Seems To Use Debt Quite Sensibly
Jan 21
Have your own idea? Try our Stock Screener
Indian (NIFTY) Logistics Industry Analysis
UpdatedJan 24, 2026
DataAggregated Company Financials
Companies46
- 7D-3.5%
- 3M-18.9%
- 1Y-13.2%
- YTD-7.2%
Over the last 7 days, the Logistics industry has dropped 3.7%, driven by Delhivery declining 3.6%. In contrast, Shipwaves Online has gained 27%. Overall the industry is down 14% in 12 months. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Indian Logistics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 24 Jan 2026 | ₹728.6b | ₹699.5b | ₹16.1b | 18.4x | 45.3x | 1x |
| Mon, 22 Dec 2025 | ₹779.7b | ₹715.6b | ₹16.1b | 20.4x | 48.6x | 1.1x |
| Wed, 19 Nov 2025 | ₹839.6b | ₹711.8b | ₹16.1b | 21.3x | 52.2x | 1.2x |
| Fri, 17 Oct 2025 | ₹875.7b | ₹694.9b | ₹16.5b | 25.8x | 53.1x | 1.3x |
| Sun, 14 Sep 2025 | ₹891.9b | ₹688.6b | ₹16.4b | 22.3x | 54.4x | 1.3x |
| Tue, 12 Aug 2025 | ₹885.9b | ₹692.2b | ₹18.0b | 23.8x | 49.1x | 1.3x |
| Thu, 10 Jul 2025 | ₹891.6b | ₹683.2b | ₹16.5b | 21.8x | 54x | 1.3x |
| Sat, 07 Jun 2025 | ₹832.6b | ₹680.5b | ₹16.5b | 23.9x | 50.5x | 1.2x |
| Mon, 05 May 2025 | ₹726.9b | ₹671.6b | ₹17.9b | 24.3x | 40.5x | 1.1x |
| Wed, 02 Apr 2025 | ₹695.8b | ₹669.7b | ₹17.9b | 25x | 39x | 1x |
| Fri, 28 Feb 2025 | ₹683.2b | ₹669.7b | ₹17.9b | 25x | 38.2x | 1x |
| Sun, 26 Jan 2025 | ₹809.5b | ₹646.7b | ₹15.1b | 28.3x | 53.5x | 1.3x |
| Tue, 24 Dec 2024 | ₹881.8b | ₹646.5b | ₹15.1b | 28.7x | 58.5x | 1.4x |
| Thu, 21 Nov 2024 | ₹882.3b | ₹648.3b | ₹15.1b | 24.9x | 58.6x | 1.4x |
| Sat, 19 Oct 2024 | ₹973.9b | ₹626.7b | ₹12.6b | 26.2x | 77.3x | 1.6x |
| Mon, 16 Sep 2024 | ₹990.4b | ₹609.7b | ₹11.7b | 31x | 84.9x | 1.6x |
| Wed, 14 Aug 2024 | ₹939.9b | ₹601.4b | ₹12.5b | 25x | 75.4x | 1.6x |
| Fri, 12 Jul 2024 | ₹938.4b | ₹587.7b | ₹10.0b | 30x | 93.6x | 1.6x |
| Sun, 09 Jun 2024 | ₹882.1b | ₹579.3b | ₹10.1b | 26.7x | 87.1x | 1.5x |
| Tue, 07 May 2024 | ₹934.8b | ₹574.2b | ₹10.2b | 27.4x | 91.3x | 1.6x |
| Thu, 04 Apr 2024 | ₹924.5b | ₹571.4b | ₹10.3b | 28.2x | 90x | 1.6x |
| Sat, 02 Mar 2024 | ₹962.1b | ₹571.4b | ₹10.3b | 29.9x | 93.7x | 1.7x |
| Mon, 29 Jan 2024 | ₹928.4b | ₹576.4b | ₹9.0b | 28.4x | 103x | 1.6x |
| Wed, 27 Dec 2023 | ₹921.5b | ₹569.4b | ₹8.9b | 27.2x | 103.2x | 1.6x |
| Fri, 24 Nov 2023 | ₹895.0b | ₹566.6b | ₹8.8b | 25.7x | 101.3x | 1.6x |
| Sun, 22 Oct 2023 | ₹911.2b | ₹587.5b | ₹5.9b | 26.9x | 154.1x | 1.6x |
| Tue, 19 Sep 2023 | ₹926.8b | ₹587.5b | ₹5.9b | 23.6x | 156.3x | 1.6x |
| Thu, 17 Aug 2023 | ₹801.9b | ₹488.4b | ₹6.1b | 25.4x | 131x | 1.6x |
| Sat, 15 Jul 2023 | ₹816.3b | ₹507.8b | ₹6.5b | 19.1x | 126.4x | 1.6x |
| Mon, 12 Jun 2023 | ₹747.4b | ₹508.2b | ₹6.4b | 23.8x | 116x | 1.5x |
| Wed, 10 May 2023 | ₹724.2b | ₹538.8b | ₹16.1b | 25.1x | 44.9x | 1.3x |
| Fri, 07 Apr 2023 | ₹710.3b | ₹535.7b | ₹17.5b | 26.4x | 40.6x | 1.3x |
| Sun, 05 Mar 2023 | ₹726.0b | ₹535.7b | ₹17.5b | 26.4x | 41.5x | 1.4x |
| Tue, 31 Jan 2023 | ₹727.7b | ₹549.6b | ₹20.1b | 23.3x | 36.3x | 1.3x |
Price to Earnings Ratio
36.3x
Current Industry PE
- Investors are pessimistic on the Indian Logistics industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 45.6x which is lower than its 3-year average PE of 74.9x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have declined 7.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -3.58% | |
| Industrials | -4.69% | |
| Logistics | -3.54% | |
| Air Freight and Logistics | -3.54% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 544646 Shipwaves Online | ₹6.63 | 27.3% +₹200.9m | n/a | PE9.6x | |
| JETFREIGHT Jet Freight Logistics | ₹17.64 | 9.1% +₹68.2m | 18.9% | PE17.3x | |
| GATEWAY Gateway Distriparks | ₹56.49 | 0.2% +₹55.0m | -27.1% | PE7.2x | |
| BRACEPORT Brace Port Logistics | ₹86.40 | 4.2% +₹39.6m | -13.6% | PE17.4x | |
| MAHESHWARI Maheshwari Logistics | ₹43.64 | 1.9% +₹23.7m | -31.6% | PE6.8x |
