# TCI Express share price today (TCI Express Ltd, NSE: TCIEXP)

> TCI Express share price today: ₹497.00 at the NSE close on 3 November 2026, down 26.5% in a year. TCI Express (NSE: TCIEXP) is worth ₹1,911 crore, trades at a P/E of 22.7 and has closed between ₹459.00 and ₹633.20 over the past 52 weeks. > TCI Express Ltd's share price has fallen more than its earnings. Earnings per share fell 5.2% in a year while the price moved −26.5%. TCIEXP · Logistics - Warehousing/Supply Chain · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tci-express-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹497.00 (−26.5% in a year)
- P/E: 22.7× (lower than 95% of the last 3.4 years)
- Revenue (Jun 2026): ₹313 Cr (+9.1% on a year ago)
- Profit (Jun 2026): ₹20.0 Cr (+5.3% on a year ago)
- Operating margin: 10.0% (flat on a year ago)
- ROCE: 14%, FY26
- ROIC: 10.3%, against a 12.0% cost of capital: −1.7 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the TCI Express share price today? TCI Express Ltd's share price was ₹497.00 at the close on 3 November 2026. It has been falling for 195 weeks. That is 8.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹459 and ₹633, and at that close it sat 22% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Over the last 9.9 years the share price moved +44% while the NIFTY 500 moved +218%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at TCI Express this quarter? One change stood out: foreign funds (FIIs) cut their stake for 4 quarters in a row. 1. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 0.9% to 0.8% of the company by the September 2026 quarter. ## What are TCI Express' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), TCI Express reported revenue of ₹313 crore, up 9.1% from ₹287 crore a year earlier, and a profit of ₹20.0 crore, up 5.3% from ₹19.0 crore. ### TCI Express results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹313 crore | ₹287 crore | +9.1% |
| Profit | ₹20.0 crore | ₹19.0 crore | +5.3% |
| Earnings per share | ₹5.33 | ₹5.07 | +5.1% |
| Operating margin | 10.0% | 10.0% | 0.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). TCI Express' management discussed these results on a call held on 6 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the TCI Express share price history? TCI Express closed at ₹497.00 on 3 November 2026, down 26.5% from ₹676.55 a year earlier (31 October 2025) and down 75.1% over five years. Its highest weekly close since December 2016 was ₹2,283.90 on 10 December 2021. ### TCI Express share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹459.00 | +8.3% |
| 1 month ago · 1 Oct 2026 | ₹505.30 | −1.6% |
| 6 months ago · 30 Apr 2026 | ₹525.95 | −5.5% |
| 1 year ago · 31 Oct 2025 | ₹676.55 | −26.5% |
| 3 years ago · 3 Nov 2023 | ₹1,326.95 | −62.5% |
| 5 years ago · 4 Nov 2021 | ₹1,994.80 | −75.1% |
| 10 years ago · 16 Dec 2016 | ₹345.65 | +43.8% |
| Earliest weekly close in our records · 16 Dec 2016 | ₹345.65 | +43.8% |
| Highest weekly close since December 2016 · 10 Dec 2021 | ₹2,283.90 | −78.2% |
| Lowest weekly close since December 2016 · 23 Dec 2016 | ₹286.85 | +73.3% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹633.20 | −21.5% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹459.00 | +8.3% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (520 weekly closes from 16 December 2016 to 3 November 2026.)

## What is the latest news on TCI Express? 3 Nov 2026: TCI Express closed at ₹497.00, up 8.3% on the week and down 1.6% on the month. 6 Aug 2026: TCI Express held its results call for April to June 2026. Management guided: FY27 volume growth 11%-12%, overall growth 13%-15% and profit growth 20%-25%. ### Earlier

- Results for April to June 2026: Revenue up 9.1% and profit up 5.3% on a year earlier. - 6 Feb 2026: ex-date for an interim dividend of ₹7 a share, record date 7 Feb 2026. ## What dividend does TCI Express pay? TCI Express paid ₹7 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.41% at the ₹497.00 close on 3 November 2026. The last was an interim dividend of ₹7 a share, ex-date 6 February 2026. ### TCI Express dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 6 Feb 2026 | ₹7 | Interim | 7 Feb 2026 |
| 16 Jul 2025 | ₹2 | Dividend | same day |
| 12 Feb 2025 | ₹3 | Interim | same day |
| 8 Nov 2024 | ₹3 | Interim | same day |
| 6 Aug 2024 | ₹2 | Dividend | n/a |
| 20 Feb 2024 | ₹3 | Interim | same day |
| 26 Oct 2023 | ₹3 | Interim | same day |
| 28 Jul 2023 | ₹2 | Dividend | n/a |
| 8 Feb 2023 | ₹3 | Interim | same day |
| 4 Nov 2022 | ₹3 | Interim | 8 Nov 2022 |
| 27 Jul 2022 | ₹2 | Dividend | n/a |
| 3 Feb 2022 | ₹3 | Interim | 5 Feb 2022 |
| 28 Oct 2021 | ₹3 | Interim | 30 Oct 2021 |
| 20 Jul 2021 | ₹2 | Dividend | 22 Jul 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. TCI Express Ltd paid out 33% of its profit as dividends in FY26, and it paid a dividend in each of its last 4 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did TCI Express management say on the latest results call? On the call for April to June 2026, held on 6 August 2026, TCI Express' management guided: FY27 volume growth 11%-12%, overall growth 13%-15% and profit growth 20%-25%. > “We are very clear about volume growth in the range of 11%-12%. Net price hikes will be around 3%. Overall, we will target growth in the range of 13%-15%. Our profit will then increase in the range of 20%-25% for the full year.”
> Bhakti, on the call for April to June 2026

### What management guided

- FY27 net price hike described as mid-single digit in one exchange versus around 3% in another; conflicting Q&A answers. - FY27 operating margin improvement of 100-150 basis points. - Margin levels expected to improve from Q2 as June price increases flow through. - Multi-modal mix planned at 19% this year and 22%-25% by 2030. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/7043/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 6 August 2026.)

## What to watch in TCI Express' next results? When TCI Express reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 margin progression after June fuel and annual price pass-through - check operating margin movement. - What to check (from the call)
- Q2 margin progression after June fuel and annual price pass-through - check operating margin movement. - Quarterly tonnage acceleration toward the full-year volume plan - check disclosed volume growth. - E-commerce regional rollout and merchant additions - check profitability as platform, D2C and biker services scale. - Automation construction and multi-modal mix progression - check hub commissioning and non-Surface share. ## Which stock lists is TCI Express on? TCI Express is not on any of our India lists this week. ## Is TCI Express profitable? TCI Express Ltd earned ₹20.0 Cr of net profit in the Jun 2026 quarter, +5.3% on the same quarter a year earlier. Full-year FY26 profit was ₹81.0 Cr. Over 3 years profit has grown −16.5% a year on average. That is 6.4% of the quarter's revenue. The same quarter a year earlier earned ₹19.0 Cr. For the full year, FY26 profit was ₹81.0 Cr (−5.8% on the year before). Why profit moved: revenue changed +9.1% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +0.3% and revenue +5.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does TCI Express make, and is it growing? TCI Express Ltd reported ₹313 Cr of revenue in the Jun 2026 quarter, +9.1% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 3 years it has grown −0.1% a year on average. The last full year, FY26, came in at ₹1,237 Cr. The last four reported quarters add to ₹1,264 Cr. FY26 revenue was ₹1,237 Cr, +2.4% on the year before. Recent pace: the last four quarters grew +5.3% on average, against −0.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.2%, against +0.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +0.0%, against −18.0% a year (accelerating). ## How much of every ₹100 of sales does TCI Express keep? TCI Express Ltd's operating margin was 10.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 4 years it has been between 10.0% and 16.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.2 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is TCI Express' profit turning into cash? Over the last 3 years, 119% of TCI Express Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹101 Cr of operating cash against ₹81.0 Cr of profit. After ₹125 Cr of spending on assets, free cash was −₹24.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 119% of profit came in as cash: the cash cycle stayed about the same between FY23 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building. ## Where does TCI Express' cash go? TCI Express Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 70 days in FY26, up from 62 days in FY23. It spent ₹208 Cr on assets over the last 3 years. At FY26 sales of ₹1,237 Cr, each day of that cycle ties up about ₹3.4 Cr, so roughly ₹237 Cr is tied up in the business at any time. Spending on assets: ₹208 Cr over the last 3 years, against ₹67.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹29.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is TCI Express' P/E ratio, and how does it compare with its own history? TCI Express Ltd's P/E is 22.7×, near the low end of its own history: it has been lower only 5% of the time. Its usual P/E (the middle reading) is 29.9×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹21.45. Why the multiple is where it is: over the past year earnings per share moved −5.2% while the price moved −26.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved −27.9% a year; about −15.6% a year came from earnings growth and about −12.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the TCI Express business getting better or worse? TCI Express Ltd's business is turning around. Profit growth has swung from −32.8% at its low to +0.0%, improving for 4 quarters in a row, with ROCE steady at 13.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does TCI Express earn on its capital? TCI Express Ltd earned a ROCE of 14% in FY26. Its return on capital used (ROIC) is 1.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.5% net margin and 1.21× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.5% net margin × 1.21× asset turnover × 1.25× leverage (assets divided by equity) ≈ 9.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 10.3% − 12.0% = −1.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does TCI Express have too much debt? TCI Express Ltd has total debt of ₹63.0 Cr against shareholder equity of ₹819 Cr as of Jun 2026, so its debt is 0.08× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.08 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the TCI Express shareholding pattern? Domestic institutions cut their stake in TCI Express Ltd by 1.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 8.7% of the company. Foreign institutions moved −1.0 points over the same period, to 0.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −1.4 points over 8 quarters, to 8.7%; Foreign institutions: −1.0 points over 8 quarters, to 0.8%; Promoters: −0.1 points over 8 quarters, to 69.4%. Why the owners changed: domestic institutions drove it (−1.4 points), together with foreign institutions (−1.0 points). They reduced their stake. ## How far is TCI Express from balance-sheet trouble? For TCI Express Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does TCI Express rank in its industry? 49.9 out of 100, rank 5 of 8 in Logistics - Warehousing/Supply Chain, with 81% of the evidence available. TCI Express Ltd scores 49.9 out of 100 against the 8 companies it is compared with in Logistics - Warehousing/Supply Chain, ranking 5. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 8.1 + 14.2 + 18.2 + 9.4 = 49.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is TCI Express compared with? TCI Express ranks 5 of 8 Logistics - Warehousing/Supply Chain companies on the 4-Factor Sector Score, with 49.9 out of 100. 1. [VRL Logistics Ltd](https://www.sectoralpha.in/stocks/vrl-logistics-ltd) VRLLOG · leader · Most evidence points up · 96% evidence 75.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 5.6% · Profit 22.4% · Operating margin change 1 points · 88% evidence Capital efficiency 20.4/25 · ROCE 18.3% · Operating margin 21% · 100% evidence Valuation 19.5/20 · P/E 17× · PEG 0.6 · 100% evidence Relative strength 15.8/20 · Lead over its industry 6.6% · Lead over NIFTY 500 3.3% · 1 year -7.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.3 + 20.4 + 19.5 + 15.8 = 75 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Navkar Corporation Ltd](https://www.sectoralpha.in/stocks/navkar-corporation-ltd) NAVKARCORP · quiet · Evidence leans up · 85% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.0/35 · Revenue 50.3% · Profit 100% · Operating margin change 0 points · 100% evidence Capital efficiency 11.1/25 · ROCE 3.1% · Operating margin 15% · 100% evidence Valuation 12.9/20 · P/E 23.7× · PEG 0.85 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.7% · 1 year -36.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 28 + 11.1 + 12.9 + 7.5 = 59.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Allcargo Logistics Ltd](https://www.sectoralpha.in/stocks/allcargo-logistics-ltd) ALLCARGO · breaking out · Evidence leans up · 64% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 5.3% · Profit 87.5% · Operating margin change 3 points · 62% evidence Capital efficiency 10.7/25 · ROCE 4.8% · Operating margin 13% · 76% evidence Valuation 10.2/20 · P/E 30.2× · PEG n/a · 15% evidence Relative strength 13.9/20 · Lead over its industry 1.6% · Lead over NIFTY 500 -1.7% · 1 year -22.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21 + 10.7 + 10.2 + 13.9 = 55.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Mahindra Logistics Ltd](https://www.sectoralpha.in/stocks/mahindra-logistics-ltd) MAHLOG · turning · Evidence leans up · 67% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 20.3% · Profit 100% · Operating margin change 1 points · 71% evidence Capital efficiency 7.3/25 · ROCE 7.4% · Operating margin 6% · 76% evidence Valuation 9.8/20 · P/E 53.8× · PEG n/a · 15% evidence Relative strength 19.0/20 · Lead over its industry 20.1% · Lead over NIFTY 500 16.2% · 1 year 16.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 19 + 7.3 + 9.8 + 19 = 55.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. TCI Express Ltd this page TCIEXP · quiet · Evidence leans down · 81% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.1/35 · Revenue 5.2% · Profit 0% · Operating margin change 0 points · 88% evidence Capital efficiency 14.2/25 · ROCE 13.8% · Operating margin 10% · 100% evidence Valuation 18.2/20 · P/E 22× · PEG 0.99 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -6% · 1 year -29.1% · 25% evidence · 4 of 12 weeks ahead Exact sum: 8.1 + 14.2 + 18.2 + 9.4 = 49.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [TVS Supply Chain Solutions Ltd](https://www.sectoralpha.in/stocks/tvs-supply-chain-solutions-ltd) TVSSCS · quiet · Evidence leans down · 64% evidence 42.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue 16.9% · Profit 24.1% · Operating margin change 0 points · 88% evidence Capital efficiency 9.6/25 · ROCE 10.1% · Operating margin 7% · 100% evidence Valuation 9.4/20 · P/E 65.2× · PEG n/a · 15% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.5% · 1 year -18.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 15.3 + 9.6 + 9.4 + 8.4 = 42.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Delhivery Ltd](https://www.sectoralpha.in/stocks/delhivery-ltd) DELHIVERY · basing · Evidence leans down · 74% evidence 40.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 23.6% · Profit 33.1% · Operating margin change 4.3 points · 74% evidence Capital efficiency 4.8/25 · ROCE 1% · Operating margin 7% · 100% evidence Valuation 8.5/20 · P/E 138× · PEG n/a · 15% evidence Relative strength 3.0/20 · Lead over its industry -4.5% · Lead over NIFTY 500 -7.4% · 1 year -17.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.6 + 4.8 + 8.5 + 3 = 40.9 · What this means: Earnings are strong; relative strength in its sector is -4.5% and the one-year return is -17.2%. 8. [Snowman Logistics Ltd](https://www.sectoralpha.in/stocks/snowman-logistics-ltd) SNOWMAN · quiet · Evidence leans down · 74% evidence 40.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 6.8% · Profit 100% · Operating margin change 1.8 points · 74% evidence Capital efficiency 11.2/25 · ROCE 3.6% · Operating margin 14.7% · 100% evidence Valuation 8.9/20 · P/E 88.7× · PEG n/a · 15% evidence Relative strength 3.2/20 · Lead over its industry -6.9% · Lead over NIFTY 500 -9.8% · 1 year -35.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17 + 11.2 + 8.9 + 3.2 = 40.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Logistics - Warehousing/Supply Chain](https://www.sectoralpha.in/sectors/logistics-warehousing-supply-chain), all 8 compared on one page. ## Which companies are close to TCI Express in size? TCI Express is the 5th largest of 8 Logistics - Warehousing/Supply Chain companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: TVS Supply Chain Solutions, VRL Logistics and Mahindra Logistics. Just below it: Allcargo Logistics, Navkar Corporation and Snowman Logistics. ### Logistics - Warehousing/Supply Chain companies close in size

1. [TVS Supply Chain Solutions Ltd](https://www.sectoralpha.in/stocks/tvs-supply-chain-solutions-ltd) ₹4,619 crore
2. [VRL Logistics Ltd](https://www.sectoralpha.in/stocks/vrl-logistics-ltd) ₹4,547 crore
3. [Mahindra Logistics Ltd](https://www.sectoralpha.in/stocks/mahindra-logistics-ltd) ₹4,090 crore
4. TCI Express Ltd ₹1,849 crore
5. [Allcargo Logistics Ltd](https://www.sectoralpha.in/stocks/allcargo-logistics-ltd) ₹1,387 crore
6. [Navkar Corporation Ltd](https://www.sectoralpha.in/stocks/navkar-corporation-ltd) ₹1,124 crore
7. [Snowman Logistics Ltd](https://www.sectoralpha.in/stocks/snowman-logistics-ltd) ₹552 crore

[All 8 Logistics - Warehousing/Supply Chain companies, largest first](https://www.sectoralpha.in/sectors/logistics-warehousing-supply-chain#all-companies)

### Companies close in size in other industries

1. [Anondita Medicare Ltd](https://www.sectoralpha.in/stocks/anondita-medicare-ltd) ₹1,857 crore · Contraceptives/Protectives
2. [Valiant Communications Ltd](https://www.sectoralpha.in/stocks/valiant-communications-ltd) ₹1,851 crore · Telecommunications Equipment
3. TCI Express Ltd ₹1,849 crore
4. [Behari Lal Engineering Ltd](https://www.sectoralpha.in/stocks/behari-lal-engineering-ltd) ₹1,840 crore
5. [Technocraft Ventures Ltd](https://www.sectoralpha.in/stocks/technocraft-ventures-ltd) ₹1,835 crore

## What else do people ask about TCI Express? ### What is TCI Express's share price today? TCI Express Ltd's share price is ₹497.00, −26.5% over the past year. The whole company is worth ₹1,911 Cr on the market. In the last 52 weeks it traded between ₹459 to ₹633; today it is 22% of the way up from the low, 8.6% below its 200-day average (as of 3 November 2026). ### What were TCI Express's latest quarterly results? TCI Express Ltd reported revenue of ₹313 Cr and net profit of ₹20.0 Cr for the Jun 2026 quarter. Revenue rose 9.1% and profit rose 5.3% compared with a year earlier. Earnings per share were ₹5.33. The operating margin was 10.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is TCI Express's market cap? TCI Express Ltd's market capitalisation is ₹1,911 Cr at a share price of ₹497.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is TCI Express performing? TCI Express Ltd's share price has been falling for 195 weeks. In its latest quarter, revenue rose 9.1% and profit rose 5.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running (as of 3 November 2026). ### Will TCI Express's share price go up? This page does not forecast TCI Express Ltd's share price. What it shows instead: the share price is ₹497.00, and it has been falling for 195 weeks. Its P/E of 22.7× is higher than 5% of its own last 3 years (as of 3 November 2026). ### Who owns TCI Express? Promoters own 69.4% of TCI Express Ltd, foreign institutions 0.8%, domestic institutions 8.7% and the public 21.1% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 1.4 percentage points over 8 quarters (as of 3 November 2026). ### Does TCI Express have too much debt? No, TCI Express Ltd has little debt: its debt is 0.08× its equity, and its operating profit is 63 times its interest bill. FY26 borrowings were ₹63.0 Cr against equity of ₹819 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is TCI Express in its business cycle? TCI Express Ltd's FY26 operating margin was 10.0%, against a 4-year range of 10.0% to 16.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the TCI Express story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is TCI Express a stock worth studying right now? What the numbers show: TCI Express Ltd's share price has fallen more than its earnings. Earnings per share fell 5.2% in a year while the price moved −26.5%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a TCI Express share price forecast for 2026? What management itself guided: FY27 volume growth 11%-12%, overall growth 13%-15% and profit growth 20%-25%. This is research, not advice. We’re not SEBI-registered.