TCI Express
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TCI Express Limited provides express delivery solutions in India and internationally. The last earnings update was 70 days ago. More info.
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TCIEXP Share Price and Events
7 Day Returns
1 Year Returns
TCIEXP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| TCI Express (TCIEXP) | -6.7% | -10.8% | 3.5% | 28.8% | - | - |
| IN Logistics | -1.3% | -2.3% | 0.5% | -12.3% | -35.5% | 18% |
| IN Market | 0.8% | 2.8% | 5.9% | -0.7% | 41.2% | 72.5% |
1 Year Return vs Industry and Market
- TCIEXP outperformed the Logistics industry which returned -12.3% over the past year.
- TCIEXP outperformed the Market in India which returned -0.7% over the past year.
Value
Is TCI Express undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
TCI Express
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for TCI Express.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 6 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 16.4% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Logistics Unlevered Beta | Simply Wall St/ S&P Global | 1.04 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.037 (1 + (1- 35%) (1.59%)) |
1.032 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.03 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.032 * 8.6%) |
16.43% |
Discounted Cash Flow Calculation for NSEI:TCIEXP using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for TCI Express is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 16.43%) |
|
|---|---|---|---|
| 2019 | -116.50 | Analyst x2 | -100.06 |
| 2020 | 104.00 | Analyst x3 | 76.73 |
| 2021 | 330.00 | Analyst x2 | 209.11 |
| 2022 | 472.48 | Est @ 43.18% | 257.16 |
| 2023 | 625.99 | Est @ 32.49% | 292.64 |
| 2024 | 782.53 | Est @ 25.01% | 314.21 |
| 2025 | 937.24 | Est @ 19.77% | 323.24 |
| 2026 | 1,088.17 | Est @ 16.1% | 322.34 |
| 2027 | 1,235.49 | Est @ 13.54% | 314.35 |
| 2028 | 1,380.56 | Est @ 11.74% | 301.70 |
| Present value of next 10 years cash flows | ₹2,311.40 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹1,380.56 × (1 + 7.55%) ÷ (16.43% – 7.55%) |
₹16,729.35 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹16,729.35 ÷ (1 + 16.43%)10 |
₹3,655.98 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹2,311.40 + ₹3,655.98 |
₹5,967.38 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹5,967.38 / 38.31 |
₹155.76 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹155.76 |
| Current discount | Discount to share price of
₹652.30
= -1 x (₹652.30 - ₹155.76) / ₹155.76 |
-318.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of TCI Express is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for TCI Express's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
TCI Express's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹17.99 |
| NSEI:TCIEXP Share Price ** | NSEI (2019-04-22) in INR | ₹652.3 |
| India Logistics Industry PE Ratio | Median Figure of 19 Publicly-Listed Logistics Companies | 17.84x |
| India Market PE Ratio | Median Figure of 2,738 Publicly-Listed Companies | 16.33x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of TCI Express.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NSEI:TCIEXP Share Price ÷ EPS (both in INR) = 652.3 ÷ 17.99 |
36.25x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- TCI Express is overvalued based on earnings compared to the IN Logistics industry average.
- TCI Express is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
TCI Express's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 36.25x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts |
22%per year |
| India Logistics Industry PEG Ratio | Median Figure of 7 Publicly-Listed Logistics Companies | 1.49x |
| India Market PEG Ratio | Median Figure of 585 Publicly-Listed Companies | 1.32x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 36.25x ÷ 22% |
1.65x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- TCI Express is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
TCI Express's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹60.77 |
| NSEI:TCIEXP Share Price * | NSEI (2019-04-22) in INR | ₹652.3 |
| India Logistics Industry PB Ratio | Median Figure of 20 Publicly-Listed Logistics Companies | 1.49x |
| India Market PB Ratio | Median Figure of 3,628 Publicly-Listed Companies | 1.11x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NSEI:TCIEXP Share Price ÷ Book Value per Share (both in INR) = 652.3 ÷ 60.77 |
10.73x |
* Primary Listing of TCI Express.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- TCI Express is overvalued based on assets compared to the IN Logistics industry average.
Value checks
We assess TCI Express's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Logistics industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Logistics industry average (and greater than 0)? (1 check) TCI Express has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is TCI Express expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- TCI Express's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- TCI Express's earnings growth is expected to exceed the India market average.
- TCI Express's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:TCIEXP Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts | 22% |
| NSEI:TCIEXP Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts | 16.2% |
| India Logistics Industry Earnings Growth Rate | Market Cap Weighted Average | 30.7% |
| India Logistics Industry Revenue Growth Rate | Market Cap Weighted Average | 15.2% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 14,329 | 1,074 | 1,096 | 5 |
| 2020-03-31 | 12,368 | 841 | 893 | 6 |
| 2019-03-31 | 10,476 | 642 | 717 | 6 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 10,073 | 689 | |
| 2018-09-30 | 9,731 | 656 | |
| 2018-06-30 | 9,295 | 624 | |
| 2018-03-31 | 8,851 | 739 | 584 |
| 2017-12-31 | 8,418 | 557 | |
| 2017-09-30 | 7,999 | 490 | |
| 2017-06-30 | 7,814 | 459 | |
| 2017-03-31 | 7,503 | 523 | 375 |
| 2016-12-31 | 5,510 | 284 | |
| 2016-09-30 | 3,635 | 184 | |
| 2016-06-30 | 1,756 | 69 | |
| 2016-03-31 | -768 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
All data from TCI Express Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 29.05 | 31.30 | 26.00 | 4.00 |
| 2020-03-31 | 23.36 | 26.50 | 21.98 | 6.00 |
| 2019-03-31 | 18.74 | 19.10 | 18.10 | 6.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | 17.99 |
| 2018-09-30 | 17.14 |
| 2018-06-30 | 16.29 |
| 2018-03-31 | 15.25 |
| 2017-12-31 | 14.55 |
| 2017-09-30 | 12.78 |
| 2017-06-30 | 11.96 |
| 2017-03-31 | 9.79 |
| 2016-12-31 | 7.43 |
| 2016-09-30 | 4.84 |
| 2016-06-30 | 1.83 |
| 2016-03-31 | 0.00 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess TCI Express's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
TCI Express has a total score of 5/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has TCI Express performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- TCI Express has delivered over 20% year on year earnings growth in the past 5 years.
- TCI Express's 1-year earnings growth is less than its 5-year average (23.6% vs 51.2%)
- TCI Express's earnings growth has not exceeded the IN Logistics industry average in the past year (23.6% vs 27.5%).
Earnings and Revenue History
All data from TCI Express Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 10,072.82 | 688.86 | 229.65 | |
| 2018-09-30 | 9,731.32 | 656.16 | 229.65 | |
| 2018-06-30 | 9,295.02 | 623.96 | 229.65 | |
| 2018-03-31 | 8,850.82 | 583.96 | 229.65 | |
| 2017-12-31 | 8,418.37 | 557.30 | 204.39 | |
| 2017-09-30 | 7,998.66 | 489.51 | 204.39 | |
| 2017-06-30 | 7,814.01 | 458.83 | 204.39 | |
| 2017-03-31 | 7,502.68 | 374.87 | 204.68 | |
| 2016-12-31 | 5,510.50 | 284.45 | 0.11 | |
| 2016-09-30 | 3,634.69 | 184.16 | 0.11 | |
| 2016-06-30 | 1,756.39 | 69.36 | ||
| 2016-03-31 | -0.14 | |||
| 2015-03-31 | 0.00 | 0.01 | ||
| 2014-03-31 | -0.01 | 0.01 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- TCI Express has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- TCI Express used its assets more efficiently than the IN Logistics industry average last year based on Return on Assets.
- TCI Express has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess TCI Express's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Logistics industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
TCI Express has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is TCI Express's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up TCI Express's finances.
The net worth of a company is the difference between its assets and liabilities.
- TCI Express is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- TCI Express's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from TCI Express Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 2,326.60 | 411.30 | 195.00 |
| 2018-09-30 | 2,326.60 | 411.30 | 195.00 |
| 2018-06-30 | 2,068.10 | 406.60 | 116.93 |
| 2018-03-31 | 2,068.10 | 406.60 | 116.93 |
| 2017-12-31 | 1,826.15 | 397.21 | 73.76 |
| 2017-09-30 | 1,826.15 | 397.21 | 73.76 |
| 2017-06-30 | 1,600.05 | 316.14 | 87.84 |
| 2017-03-31 | 1,607.72 | 316.14 | 85.38 |
| 2016-12-31 | |||
| 2016-09-30 | |||
| 2016-06-30 | 1,229.79 | 408.06 | 109.13 |
| 2016-03-31 | 1,229.79 | 408.06 | 109.13 |
| 2015-03-31 | 0.45 | 0.00 | 0.42 |
| 2014-03-31 | 0.45 | 0.00 | 0.41 |
- TCI Express's level of debt (17.7%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if TCI Express's debt level has increased without past 5-year debt data.
- Debt is well covered by operating cash flow (179.6%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 27.8x coverage).
Financial health checks
We assess TCI Express's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) TCI Express has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is TCI Express's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
TCI Express
shares you are expected to receive
₹8
in your first year as a dividend.
Dividend Amount
- TCI Express's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.5%).
- TCI Express's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| India Logistics Industry Average Dividend Yield | Market Cap Weighted Average of 10 Stocks | 0.6% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-03-31 | 4.55 | 2.00 |
| 2020-03-31 | 4.10 | 2.00 |
| 2019-03-31 | 3.15 | 2.00 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-11-05 | 2.700 | 0.419 |
| 2018-07-09 | 2.500 | 0.402 |
| 2018-01-31 | 2.000 | 0.389 |
| 2017-11-01 | 2.000 | 0.357 |
| 2017-07-10 | 1.600 | 0.299 |
| 2017-06-02 | 1.600 | 0.329 |
| 2017-05-23 | 1.600 | 0.351 |
| 2017-02-01 | 1.600 | 0.435 |
| 2017-01-31 | 1.600 | 0.529 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, TCI Express has been paying a dividend for less than 10 years.
- Dividend payments have increased, but TCI Express only paid a dividend in the past 2 years.
Income/ dividend checks
We assess TCI Express's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can TCI Express afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) TCI Express has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | ₹13,621,000 |
| AGE | 56 |
CEO Bio
Mr. Phool Chand Sharma, AMP, has been the Chief Executive Officer & President of TCI EXPRESS at Transport Corporation of India Limited since October 3, 2016. Mr. Sharma serves as Chief Executive Officer of TCI XPS Division at Transport Corporation of India Limited and served as the Chief Executive Officer of Air Courier. He has been a Whole Time Director at TCI Express Limited since August 18, 2016 and also serves as its Chief Executive Officer.
CEO Compensation
- Phool's compensation has increased by more than 20% in the past year.
- Phool's remuneration is lower than average for companies of similar size in India.
Management Team
Phool Sharma
CEO & Whole Time Director
₹14M
56
Chander Agarwal
MD & Executive Director
₹45M
39
3.7 yrs
Mukti Lal
CFO & Assistant VP
₹3M
40
2.7 yrs
S. Das
Head of Operation & E-Commerce
59
Arun Chaturvedi
Assistant Vice President of Operations
49
Vinay Gujral
Company Secretary & Compliance Officer
₹1M
Manish Jain
National Head of Sales & Marketing
42
Amresh Mishra
Head of Human Resources
44
L. Krishna
Regional Head
55
Noratmal Sarva
Regional Head
53
Board of Directors Tenure
Average tenure and age of the TCI Express board of directors in years:
- The average tenure for the TCI Express board of directors is less than 3 years, this suggests a new board.
Board of Directors
Dharmpal Agarwal
Chairman
₹350K
68
Phool Sharma
CEO & Whole Time Director
₹14M
56
2.7 yrs
Chander Agarwal
MD & Executive Director
₹45M
39
3.5 yrs
Murali Chevuturi
Non-Executive Independent Director
₹500K
2.7 yrs
Ashok Ladha
Non-Executive Independent Director
₹500K
69
2.7 yrs
Taruna Singhi
Non-Executive Independent Director
₹350K
64
2.3 yrs
Vineet Agarwal
Non-Executive Director
₹350K
45
3.5 yrs
Prashant Jain
Non-Executive Independent Director
₹350K
2.7 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 29. Mar 19 | Sell | Phool Sharma | Individual | 29. Mar 19 | 29. Mar 19 | -1,000 | ₹725.07 | ₹-725,070 | ||
| 14. Mar 19 | Sell | Phool Sharma | Individual | 13. Mar 19 | 14. Mar 19 | -1,200 | ₹736.09 | ₹-881,489 | ||
| 08. Mar 19 | Sell | Phool Sharma | Individual | 07. Mar 19 | 07. Mar 19 | -2,500 | ₹745.00 | ₹-1,862,500 | ||
| 26. Mar 19 | Sell | Noratmal Sarva | Individual | 25. Mar 19 | 25. Mar 19 | -800 | ₹730.10 | ₹-584,080 | ||
| 20. Mar 19 | Sell | Noratmal Sarva | Individual | 18. Mar 19 | 19. Mar 19 | -200 | ₹731.34 | ₹-144,658 | ||
| 08. Mar 19 | Sell | Mukti Lal | Individual | 07. Mar 19 | 07. Mar 19 | -200 | ₹741.00 | ₹-148,200 | ||
| 25. Aug 18 | Sell | S. Das | Individual | 24. Aug 18 | 24. Aug 18 | -1,000 | ₹710.00 | ₹-710,000 | ||
| 07. Aug 18 | Sell | Mukti Lal | Individual | 06. Aug 18 | 06. Aug 18 | -500 | ₹705.50 | ₹-352,750 | ||
| 22. Jun 18 | Sell | Mukti Lal | Individual | 22. Jun 18 | 22. Jun 18 | -250 | ₹591.80 | ₹-147,950 | ||
Management checks
We assess TCI Express's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) TCI Express has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Here's Why I Think TCI Express (NSE:TCIEXP) Might Deserve Your Attention Today
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like TCI Express (NSE:TCIEXP). … Over the last three years, TCI Express has grown earnings per share (EPS) like bamboo after rain; fast, and from a low base. … I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats).
Simply Wall St - – Full articleWhy TCI Express Limited's (NSE:TCIEXP) High P/E Ratio Isn't Necessarily A Bad Thing
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … To keep it practical, we'll show how TCI Express Limited's (NSE:TCIEXP) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleA Look At TCI Express Limited's (NSE:TCIEXP) Exceptional Fundamentals
Attractive stocks have exceptional fundamentals. … In the case of TCI Express Limited (NSE:TCIEXP), there's … financially-sound
Simply Wall St - – Full articleAre TCI Express Limited’s (NSE:TCIEXP) High Returns Really That Great?
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleShould TCI Express Be Disappointed With Their 25% Profit?
For example, the TCI Express Limited (NSE:TCIEXP) share price is up 25% in the last year, clearly besting than the market return of around -7.8%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … We don't think its coincidental that the share price is growing at a similar rate to the earnings per share.
Simply Wall St - – Full articleWhat Kind Of Shareholders Own TCI Express Limited (NSE:TCIEXP)?
Conversely, insiders often decrease their ownership over time. … Taking a look at the our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about TCIEXP
Simply Wall St - – Full articleTCI Express Limited (NSE:TCIEXP): Is Growth Priced In?
TCI Express Limited (NSE:TCIEXP) closed yesterday at ₹639.75, which left some investors asking whether the high earnings potential can still be justified at this price. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … TCI Express's extremely high growth potential in the near future is attracting investors
Simply Wall St - – Full articleCan TCI Express Limited's (NSE:TCIEXP) ROE Continue To Surpass The Industry Average?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows TCI Express has a return on equity of 28% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHave Insiders Been Selling TCI Express Limited (NSE:TCIEXP) Shares?
Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. … All up, insiders sold more shares in TCI Express than they bought, over the last year
Simply Wall St - – Full articleWhat Does TCI Express Limited's (NSE:TCIEXP) P/E Ratio Tell You?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … To keep it practical, we'll show how TCI Express Limited's (NSE:TCIEXP) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleCompany Info
Description
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 automotive, pharmaceutical, retail, engineering, apparel, e-commerce, and other industries. It has approximately 40,000 pickup and delivery points with approximately 4,500 containerized vehicles. The company was formerly known as TCI Properties (Pune) Limited. TCI Express Limited was founded in 1996 and is based in Gurugram, India.
Details
| Name: | TCI Express Limited |
| TCIEXP | |
| Exchange: | NSEI |
| Founded: | 1996 |
| ₹25,890,320,375 | |
| 38,310,625 | |
| Website: | http://www.tcixps.com |
| Address: |
TCI Express Limited TCI House, 69, Institutional Area, Gurugram, Haryana, 122001, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NSEI | TCIEXP | Equity Shares | National Stock Exchange of India | IN | INR | 15. Dec 2016 | |
| BSE | 540212 | Equity Shares | Mumbai Stock Exchange | IN | INR | 15. Dec 2016 |
Number of employees
Current staff
Industry
| Air Freight and Logistics | |
| Transportation |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/22 13:03 |
| End of day share price update: | 2019/04/22 00:00 |
| Last estimates confirmation: | 2019/04/15 |
| Last earnings filing: | 2019/02/11 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
