BSE:532349

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Transport Corporation of India

Executive Summary

Transport Corporation of India Limited provides end to end integrated supply chain and logistics solutions in India. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

How has Transport Corporation of India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532349 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 532349's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.7%

532349

-4.3%

IN Logistics

2.3%

IN Market


1 Year Return

-9.1%

532349

19.4%

IN Logistics

8.9%

IN Market

Return vs Industry: 532349 underperformed the Indian Logistics industry which returned 20.3% over the past year.

Return vs Market: 532349 underperformed the Indian Market which returned 7.4% over the past year.


Shareholder returns

532349IndustryMarket
7 Day-2.7%-4.3%2.3%
30 Day8.4%13.8%8.9%
90 Day9.6%26.2%10.2%
1 Year-8.6%-9.1%20.2%19.4%11.0%8.9%
3 Year-17.5%-19.1%-7.9%-10.2%6.2%1.0%
5 Year-20.0%-22.6%-41.0%-42.9%53.0%41.5%

Long-Term Price Volatility Vs. Market

How volatile is Transport Corporation of India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Transport Corporation of India undervalued compared to its fair value and its price relative to the market?

17.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532349 (₹249.3) is trading above our estimate of fair value (₹126.78)

Significantly Below Fair Value: 532349 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532349 is good value based on its PE Ratio (17.3x) compared to the IN Logistics industry average (23x).

PE vs Market: 532349 is poor value based on its PE Ratio (17.3x) compared to the Indian market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: 532349 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: 532349 is overvalued based on its PB Ratio (1.8x) compared to the IN Logistics industry average (1.6x).


Next Steps

Future Growth

How is Transport Corporation of India forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

26.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532349's forecast earnings growth (26.8% per year) is above the savings rate (7.2%).

Earnings vs Market: 532349's earnings (26.8% per year) are forecast to grow faster than the Indian market (24.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532349's revenue (14.2% per year) is forecast to grow faster than the Indian market (11.4% per year).

High Growth Revenue: 532349's revenue (14.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 532349's Return on Equity is forecast to be low in 3 years time (14.5%).


Next Steps

Past Performance

How has Transport Corporation of India performed over the past 5 years?

13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532349 has high quality earnings.

Growing Profit Margin: 532349's current net profit margins (4.5%) are lower than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: 532349's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: 532349's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532349 had negative earnings growth (-28.5%) over the past year, making it difficult to compare to the Logistics industry average (-28.5%).


Return on Equity

High ROE: 532349's Return on Equity (10.5%) is considered low.


Next Steps

Financial Health

How is Transport Corporation of India's financial position?


Financial Position Analysis

Short Term Liabilities: 532349's short term assets (₹6.8B) exceed its short term liabilities (₹4.2B).

Long Term Liabilities: 532349's short term assets (₹6.8B) exceed its long term liabilities (₹1.5B).


Debt to Equity History and Analysis

Debt Level: 532349's debt to equity ratio (25.7%) is considered satisfactory.

Reducing Debt: 532349's debt to equity ratio has reduced from 56.1% to 25.7% over the past 5 years.

Debt Coverage: 532349's debt is well covered by operating cash flow (98.5%).

Interest Coverage: 532349's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Transport Corporation of India current dividend yield, its reliability and sustainability?

0.80%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532349's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.53%).

High Dividend: 532349's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (2.15%).


Stability and Growth of Payments

Stable Dividend: 532349's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532349's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.9%), 532349's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 532349's dividends in 3 years are forecast to be thoroughly covered by earnings (12.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Dharmpal Agarwal (70 yo)

no data

Tenure

₹83,460,000

Compensation

Mr. Dharmpal Agarwal, B.Com., serves as Managing Director, Chief Promoter and Executive Director of Transport Corp. of India Ltd. Mr. Agarwal has been associated with the transport industry for more than 5...


CEO Compensation Analysis

Compensation vs Market: Dharmpal's total compensation ($USD1.12M) is above average for companies of similar size in the Indian market ($USD291.71K).

Compensation vs Earnings: Dharmpal's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Dharmpal Agarwal
Chairman & MDno data₹83.46m10.19%
₹ 2.0b
Vineet Agarwal
MD & Executive Directorno data₹73.72m0.064%
₹ 12.3m
Ashish Tiwari
Group Chief Financial Officer6.42yrs₹8.38m0.065%
₹ 12.5m
Archana Pandey
Compliance Officer & Company Secretary7.5yrs₹1.66mno data
Ram Singh
President & CEO of TCI Seaways1.5yrs₹10.57m0.021%
₹ 4.0m
Jasjit Sethi
President & CEO of TCI Supply Chain Solutions Divisionno data₹29.20m0.092%
₹ 17.8m
Ishwar Sigar
Chief Executive Officer of TCI Freight Divisionno data₹9.84m0.055%
₹ 10.6m
P. Jain
Head of Department of Human Resource & Administration and CEO of TCI Global1.83yrs₹8.83mno data
Rajkiran Kanagala
Group Head of Business Development & Marketingno data₹8.80m0.013%
₹ 2.5m
Sharad Sharma
Business Development Head of XPS Divisionno datano datano data
Phool Sharma
President & CEO of TCI EXPRESS Division4.08yrs₹19.65mno data
Naresh Baranwal
Chief Executive Officer of TCI Developers Ltdno datano datano data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 532349's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dharmpal Agarwal
Chairman & MDno data₹83.46m10.19%
₹ 2.0b
Vineet Agarwal
MD & Executive Directorno data₹73.72m0.064%
₹ 12.3m
Ravi Uppal
Additional Independent Director1.08yrs₹360.00kno data
Ashish Ram
Non-Executive Independent Director9.33yrs₹950.00kno data
Chander Agarwal
Non-Executive Non-Independent Director14.17yrs₹650.00k3.15%
₹ 608.6m
Satyanarayan Agarwal
Non-Executive Director25.83yrs₹650.00k0.0012%
₹ 233.8k
Urmila Agarwal
Non-Executive Non-Independent Director8yrs₹650.00k2.4%
₹ 464.4m
Subramanian Madhavan
Non-Executive Independent Director1.75yrs₹1.07mno data
Gita Nayyar
Non-Executive Woman Independent Director1.5yrs₹930.00kno data
Vijay Sankar
Non-Executive Independent Director4yrs₹980.00kno data

4.0yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 532349's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532349 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Transport Corporation of India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Transport Corporation of India Limited
  • Ticker: 532349
  • Exchange: BSE
  • Founded: 1958
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: ₹19.322b
  • Shares outstanding: 77.00m
  • Website: https://www.tcil.com

Number of Employees


Location

  • Transport Corporation of India Limited
  • TCI House
  • 69, Institutional Area
  • Gurugram
  • Haryana
  • 122001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532349BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
TCINSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

Transport Corporation of India Limited provides end to end integrated supply chain and logistics solutions in India. It operates through Freight, Supply Chain Solutions, Seaways, and Energy divisions. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 12:34
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.