company background image
TCIE

TCI ExpressNSEI:TCIEXP Stock Report

Last Price

₹2.19k

Market Cap

₹82.6b

7D

-0.1%

1Y

136.3%

Updated

19 Jan, 2022

Data

Company Financials
TCIEXP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends1/6

TCIEXP Stock Overview

TCI Express Limited provides express delivery solutions in India and internationally.

TCI Express Competitors

Patel Integrated Logistics

BSE:526381

₹1.3b

VRL Logistics

NSEI:VRLLOG

₹42.7b

Price History & Performance

Summary of all time highs, changes and price drops for TCI Express
Historical stock prices
Current Share Price₹2,188.70
52 Week High₹2,572.00
52 Week Low₹811.05
Beta0.58
1 Month Change3.46%
3 Month Change32.77%
1 Year Change136.35%
3 Year Change248.27%
5 Year Change627.26%
Change since IPO530.93%

Recent News & Updates

Jan 13
TCI Express (NSE:TCIEXP) Is Investing Its Capital With Increasing Efficiency

TCI Express (NSE:TCIEXP) Is Investing Its Capital With Increasing Efficiency

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...

Dec 29
Here's Why I Think TCI Express (NSE:TCIEXP) Might Deserve Your Attention Today

Here's Why I Think TCI Express (NSE:TCIEXP) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Oct 29
We Think That There Are Issues Underlying TCI Express' (NSE:TCIEXP) Earnings

We Think That There Are Issues Underlying TCI Express' (NSE:TCIEXP) Earnings

TCI Express Limited ( NSE:TCIEXP ) just reported some strong earnings, and the market rewarded them with a positive...

Shareholder Returns

TCIEXPIN LogisticsIN Market
7D-0.1%-0.4%0.2%
1Y136.3%119.9%34.4%

Return vs Industry: TCIEXP exceeded the Indian Logistics industry which returned 119.9% over the past year.

Return vs Market: TCIEXP exceeded the Indian Market which returned 34.4% over the past year.

Price Volatility

Is TCIEXP's price volatile compared to industry and market?
TCIEXP volatility
TCIEXP Average Weekly Movement8.5%
Logistics Industry Average Movement8.4%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.1%

Stable Share Price: TCIEXP is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: TCIEXP's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19962,709Chander Agarwalhttps://www.tciexpress.in

TCI Express Limited provides express delivery solutions in India and internationally. The company provides services, including surface express; reverse express; domestic and international air express; and e-commerce express for the automotive, pharmaceutical, retail, engineering, telecom, apparel, e-commerce, and other industries. It has approximately 40,000 pickup and delivery points with approximately 5,000 containerized vehicles.

TCI Express Fundamentals Summary

How do TCI Express's earnings and revenue compare to its market cap?
TCIEXP fundamental statistics
Market Cap₹82.60b
Earnings (TTM)₹1.34b
Revenue (TTM)₹10.39b

62.9x

P/E Ratio

8.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCIEXP income statement (TTM)
Revenue₹10.39b
Cost of Revenue₹8.06b
Gross Profit₹2.33b
Expenses₹990.90m
Earnings₹1.34b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)34.81
Gross Margin22.44%
Net Profit Margin12.90%
Debt/Equity Ratio0.3%

How did TCIEXP perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is TCI Express undervalued compared to its fair value and its price relative to the market?

62.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TCIEXP (₹2188.7) is trading above our estimate of fair value (₹85.93)

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


Price To Earnings Ratio

PE vs Industry: TCIEXP is poor value based on its PE Ratio (62.9x) compared to the Indian Logistics industry average (27.6x).

PE vs Market: TCIEXP is poor value based on its PE Ratio (62.9x) compared to the Indian market (23.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TCIEXP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TCIEXP is overvalued based on its PB Ratio (17.3x) compared to the IN Logistics industry average (3.6x).


Future Growth

How is TCI Express forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.3%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TCI Express has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has TCI Express performed over the past 5 years?

23.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCIEXP has a high level of non-cash earnings.

Growing Profit Margin: TCIEXP's current net profit margins (12.9%) are higher than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: TCIEXP's earnings have grown significantly by 23.5% per year over the past 5 years.

Accelerating Growth: TCIEXP's earnings growth over the past year (94.3%) exceeds its 5-year average (23.5% per year).

Earnings vs Industry: TCIEXP earnings growth over the past year (94.3%) underperformed the Logistics industry 104.9%.


Return on Equity

High ROE: TCIEXP's Return on Equity (27.5%) is considered high.


Financial Health

How is TCI Express's financial position?


Financial Position Analysis

Short Term Liabilities: TCIEXP's short term assets (₹2.8B) exceed its short term liabilities (₹972.4M).

Long Term Liabilities: TCIEXP's short term assets (₹2.8B) exceed its long term liabilities (₹61.5M).


Debt to Equity History and Analysis

Debt Level: TCIEXP has more cash than its total debt.

Reducing Debt: TCIEXP's debt to equity ratio has reduced from 27.7% to 0.3% over the past 5 years.

Debt Coverage: TCIEXP's debt is well covered by operating cash flow (6635.1%).

Interest Coverage: TCIEXP earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is TCI Express's current dividend yield, its reliability and sustainability?

0.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TCIEXP's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: TCIEXP's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, TCIEXP has been paying a dividend for less than 10 years.

Growing Dividend: TCIEXP's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.1%), TCIEXP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Chander Agarwal (42 yo)

6.42yrs

Tenure

₹66,800,000

Compensation

Mr. Chander Agarwal, B.Sc., has been Managing Director at TCI Express Limited since August 16, 2015. Mr. Agarwal served as Joint Managing Director of Transport Corporation of India Limited until August 22,...


CEO Compensation Analysis

Compensation vs Market: Chander's total compensation ($USD895.70K) is above average for companies of similar size in the Indian market ($USD352.52K).

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


Leadership Team

Experienced Management: TCIEXP's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: TCIEXP's board of directors are considered experienced (5.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

TCI Express Limited's employee growth, exchange listings and data sources


Key Information

  • Name: TCI Express Limited
  • Ticker: TCIEXP
  • Exchange: NSEI
  • Founded: 1996
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Implied Market Cap: ₹82.595b
  • Shares outstanding: 38.49m
  • Website: https://www.tciexpress.in

Number of Employees


Location

  • TCI Express Limited
  • TCI House
  • Plot No. 69, Institutional Area
  • Gurugram
  • Haryana
  • 122001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 12:05
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.