Transport Corporation of India share price today

Transport Corporation of India Ltd's share price was ₹872.85 at the close on 30 October 2026. It has been falling for 45 weeks. That is 7.0% below its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Transport Corporation of India Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹830 and ₹1,136, and at that close it sat 14% of the way up from that low.

Over the last 11 years the share price moved +440% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. 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.

Two changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹1,388 crore, +15.2% on a year earlier.

   Why: Some came from moving more goods.

   Next results: check whether the second new ship starts and fills on schedule, since that adds shipping capacity.

   From the earnings call on 30 Oct 2026.

2. Highest quarterly revenue in 16 quarters

   Revenue of ₹1,388 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Transport Corporation of India reported revenue of ₹1,388 crore, up 15.2% from ₹1,205 crore a year earlier, and a profit of ₹117 crore, up 2.6% from ₹114 crore.

Transport Corporation of India results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Transport Corporation of India's management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Transport Corporation of India closed at ₹872.85 on 30 October 2026, down 27.3% from ₹1,201.40 a year earlier (31 October 2025) and up 38.6% over five years. Its highest weekly close since March 2016 was ₹1,250.30 on 18 July 2025.

Transport Corporation of India share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 30 October 2026.

30 Oct 2026: Transport Corporation of India held its results call for July to September 2026. Management guided: Consolidated FY27 revenue growth 10-12% and margin growth 10-12% with stronger H2 expected. 30 Oct 2026: Transport Corporation of India closed at ₹872.85, up 1.9% on the week and down 0.5% on the month.

Earlier

• Results for July to September 2026: Revenue up 15.2% and profit up 2.6% on a year earlier.
• 17 Jul 2026: ex-date for a dividend of ₹1 a share.
• 10 Feb 2026: ex-date for an interim dividend of ₹9 a share.

Transport Corporation of India paid ₹10 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.15% at the ₹872.85 close on 30 October 2026. The last was a dividend of ₹1 a share, ex-date 17 July 2026.

Transport Corporation of India dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Transport Corporation of India Ltd paid out 17% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Transport Corporation of India's management guided: Consolidated FY27 revenue growth 10-12% and margin growth 10-12% with stronger H2 expected.

“However, as I have been saying, we are gradually moving towards a moderated margin structure of about 35%-40% EBITDA, or perhaps around 30%.”Vineet Agarwal, on the call for July to September 2026

What management guided

• Seaways FY27 top-line 15-20% with bottom-line 10-15% on late-November and early-January starts; FY28 higher on full use.
• SCS FY27 growth in teens around 12-15% with higher next year on auto and warehousing contracts.
• Concor JV 10-15%, cold chain about 40% and Transystem 10-12% growth outlook led by quick commerce.
• FY27 capital spending about ₹500-550 crores with one rake this quarter; three-year ₹1,000-1,200 crores frame intact; fleet toward 1 lakh tons by FY29-30.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When Transport Corporation of India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Second new vessel sailing on schedule with load ramp progress - check on-time start and utilization build through Q3.

Transport Corporation of India is not on any of our India lists this week.

Transport Corporation of India Ltd earned ₹117 Cr of net profit in the Sep 2026 quarter, +2.6% on the same quarter a year earlier. Full-year FY26 profit was ₹460 Cr. Over 10 years profit has grown 18.0% a year on average. That is 8.4% of the quarter's revenue. The same quarter a year earlier earned ₹114 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹460 Cr (+10.6% on the year before).

Why profit moved: revenue changed +15.2% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +6.0% and revenue +11.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

Transport Corporation of India Ltd reported ₹1,388 Cr of revenue in the Sep 2026 quarter, +15.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 11.0% a year on average. The last full year, FY26, came in at ₹4,917 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹5,209 Cr.

FY26 revenue was ₹4,917 Cr, +9.5% on the year before.

Recent pace: the last four quarters grew +11.5% on average, against 11.0% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.5%, against +10.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +5.9%, against +10.2% a year (rolling over).

Transport Corporation of India Ltd's operating margin was 10.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 5.0% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.1 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 90% of Transport Corporation of India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹444 Cr of operating cash against ₹460 Cr of profit. After ₹444 Cr of spending on assets, ₹0.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 90% of profit came in as cash: the cash cycle stayed about the same between FY21 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 2.9× depreciation over three years. The next section checks what that spending is building.

Transport Corporation of India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 61 days in FY26, down from 67 days in FY21. It spent ₹1,092 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹4,917 Cr, each day of that cycle ties up about ₹13.5 Cr, so roughly ₹822 Cr is tied up in the business at any time.

Spending on assets: ₹1,092 Cr over the last 3 years, against ₹373 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 ₹343 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.

Transport Corporation of India Ltd's P/E is 14.7×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 18.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.