# Transport Corporation of India share price today (Transport Corporation of India Ltd, NSE: TCI)

> Transport Corporation of India share price today: ₹864.10 at the NSE close on 4 November 2026, down 24.0% in a year. Transport Corporation of India (NSE: TCI) is worth ₹6,638 crore, trades at a P/E of 14.5 and has closed between ₹829.75 and ₹1,136.45 over the past 52 weeks. > Transport Corporation of India Ltd's earnings have grown faster than its share price. Earnings per share grew +10.4% in a year while the price moved −24.0%. TCI · Logistics · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/transport-corporation-of-india-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹864.10 (−24.0% in a year)
- P/E: 14.5× (lower than 92% of the last 11 years)
- Revenue (Sep 2026): ₹1,388 Cr (+15.2% on a year ago)
- Profit (Sep 2026): ₹117 Cr (+2.6% on a year ago)
- Operating margin: 10.0% (−1.0 points on a year ago)
- ROCE: 19%, FY26
- ROIC: 13.9%, against a 12.0% cost of capital: +1.9 points

The main question: yearly earnings per share moved +10.4% while the share price moved −24.0%. ## What is the Transport Corporation of India share price today? Transport Corporation of India Ltd's share price was ₹864.10 at the close on 4 November 2026. It has been falling for 45 weeks. That is 7.9% 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 2 weeks in a row. In the last 52 weeks it traded between ₹830 and ₹1,136, and at that close it sat 11% of the way up from that low. Over the last 11 years the share price moved +434% 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. ## What changed at Transport Corporation of India this quarter? 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. ## What are Transport Corporation of India's latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,388 crore | ₹1,205 crore | +15.2% |
| Profit | ₹117 crore | ₹114 crore | +2.6% |
| Earnings per share | ₹15.07 | ₹14.68 | +2.7% |
| Operating margin | 10.0% | 11.0% | −1.0 points |

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.)

## What is the Transport Corporation of India share price history? Transport Corporation of India closed at ₹864.10 on 4 November 2026, down 24.0% from ₹1,136.45 a year earlier (7 November 2025) and up 13.0% 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

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹872.85 | −1.0% |
| 1 month ago · 1 Oct 2026 | ₹877.30 | −1.5% |
| 6 months ago · 8 May 2026 | ₹970.15 | −10.9% |
| 1 year ago · 7 Nov 2025 | ₹1,136.45 | −24.0% |
| 3 years ago · 3 Nov 2023 | ₹816.75 | +5.8% |
| 5 years ago · 4 Nov 2021 | ₹764.70 | +13.0% |
| 10 years ago · 4 Nov 2016 | ₹183.90 | +369.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹161.76 | +434.2% |
| Highest weekly close since March 2016 · 18 Jul 2025 | ₹1,250.30 | −30.9% |
| Lowest weekly close since March 2016 · 30 Dec 2016 | ₹149.45 | +478.2% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹1,136.45 | −24.0% |
| 52-week low (weekly close) · 18 Sep 2026 | ₹829.75 | +4.1% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 4 November 2026.)

## What is the latest news on Transport Corporation of India? 4 Nov 2026: Transport Corporation of India closed at ₹864.10, down 1.0% on the week and down 1.5% on the month. 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. ### 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. ## What dividend does Transport Corporation of India pay? Transport Corporation of India paid ₹10 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.16% at the ₹864.10 close on 4 November 2026. The last was a dividend of ₹1 a share, ex-date 17 July 2026. ### Transport Corporation of India dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 17 Jul 2026 | ₹1 | Dividend | same day |
| 10 Feb 2026 | ₹9 | Interim | same day |
| 30 Jan 2025 | ₹4.50 | Interim | same day |
| 31 Oct 2024 | ₹3.50 | Interim | 1 Nov 2024 |
| 19 Jul 2024 | ₹2 | Dividend | 20 Jul 2024 |
| 9 Feb 2024 | ₹2.50 | Interim | 10 Feb 2024 |
| 7 Nov 2023 | ₹2.50 | Interim | same day |
| 25 Jul 2023 | ₹2 | Dividend | n/a |
| 7 Feb 2023 | ₹2.50 | Interim | same day |
| 3 Nov 2022 | ₹2.50 | Interim | 5 Nov 2022 |
| 26 Jul 2022 | ₹2 | Dividend | n/a |
| 3 Feb 2022 | ₹2 | Interim | 4 Feb 2022 |
| 8 Nov 2021 | ₹2 | Interim | 9 Nov 2021 |
| 27 Jul 2021 | ₹1.30 | Dividend | n/a |

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. 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.)

## What did Transport Corporation of India management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/4358-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## What to watch in Transport Corporation of India's next results? 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. - What to check (from the call)
- Second new vessel sailing on schedule with load ramp progress - check on-time start and utilization build through Q3. - Supply chain teens growth delivery on auto and warehousing pipeline - check reported growth having above prior pace. - Freight LTL share lift from flagged level with branch ramp - check mix uptick and margin follow-through. ## Which stock lists is Transport Corporation of India on? Transport Corporation of India is not on any of our India lists this week. ## Is Transport Corporation of India profitable? 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. 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. ## How much revenue does Transport Corporation of India make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Transport Corporation of India keep? 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. 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. ## Is Transport Corporation of India's profit turning into cash? 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. 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. ## Where does Transport Corporation of India's cash go? 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. 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. ## What is Transport Corporation of India's P/E ratio, and how does it compare with its own history? Transport Corporation of India Ltd's P/E is 14.5×, near the low end of its own history: it has been lower only 8% 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. Why the multiple is where it is: over the past year earnings per share moved +10.4% while the price moved −24.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +2.5% a year; about +14.0% a year came from earnings growth and about −11.5 percentage points from the multiple (the market paying less); over 10 years the price moved +16.7% a year; about +22.5% a year came from earnings growth and about −5.8 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 Transport Corporation of India business getting better or worse? Transport Corporation of India Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 18.2%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Transport Corporation of India earn on its capital? Transport Corporation of India Ltd earned a ROCE of 19% in FY26. That is up from a low of 10% in FY16. Its return on capital used (ROIC) is 1.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.4% net margin and 1.41× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 9.4% net margin × 1.41× asset turnover × 1.36× leverage (assets divided by equity) ≈ 18.0% 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: 13.9% − 12.0% = +1.9 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. Positive but thin: it creates value with little room for error. The 13.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 15.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Transport Corporation of India have too much debt? Transport Corporation of India Ltd has total debt of ₹466 Cr against shareholder equity of ₹2,790 Cr as of Sep 2026, so its debt is 0.17× its equity, which is very little. Year by year, that ratio went from 0.07 in FY22 to 0.12 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Transport Corporation of India shareholding pattern? No group of Transport Corporation of India Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved −0.1 points over the same period, to 68.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.7 points over 8 quarters, to 13.1%; Promoters: −0.1 points over 8 quarters, to 68.7%; Foreign institutions: +0.0 points over 8 quarters, to 3.0%. ## How far is Transport Corporation of India from balance-sheet trouble? For Transport Corporation of India 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 Transport Corporation of India rank in its industry? 50.7 out of 100, rank 6 of 18 in Logistics, with 100% of the evidence available. Transport Corporation of India Ltd scores 50.7 out of 100 against the 18 companies it is compared with in Logistics, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 15.3 + 16.8 + 11.6 + 7 = 50.7. 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 Transport Corporation of India compared with? Transport Corporation of India ranks 6 of 18 Logistics companies on the 4-Factor Sector Score, with 50.7 out of 100. 1. [Allcargo Terminals Ltd](https://www.sectoralpha.in/stocks/allcargo-terminals-ltd) ATL · breaking out · Most evidence points up · 96% evidence 66.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Revenue 12.3% · Profit 39.2% · Operating margin change 3.7 points · 88% evidence Capital efficiency 15.2/25 · ROCE 11.2% · Operating margin 22.1% · 100% evidence Valuation 15.7/20 · P/E 16.5× · PEG 0.43 · 100% evidence Relative strength 12.3/20 · Lead over its industry -4.9% · Lead over NIFTY 500 -1.2% · 1 year -25.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 23 + 15.2 + 15.7 + 12.3 = 66.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Aegis Logistics Ltd](https://www.sectoralpha.in/stocks/aegis-logistics-ltd) AEGISLOG · losing its lead · Most evidence points up · 82% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 19.7% · Profit 73.1% · Operating margin change 7 points · 95% evidence Capital efficiency 16.3/25 · ROCE 13.3% · Operating margin 20% · 76% evidence Valuation 8.2/20 · P/E 28.9× · PEG n/a · 50% evidence Relative strength 13.8/20 · Lead over its industry 20.5% · Lead over NIFTY 500 22.7% · 1 year 46.2% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.1 + 16.3 + 8.2 + 13.8 = 65.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Shadowfax Technologies Ltd](https://www.sectoralpha.in/stocks/shadowfax-technologies-ltd) SHADOWFAX · breaking out · Evidence leans up · 63% evidence 64.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 40.3/43.75 · Revenue 64.4% · Profit 100% · Operating margin change 3 points · 100% evidence Capital efficiency 12.5/31.25 · ROCE 10% · Operating margin 7% · 100% evidence Valuation 11.3/25 · P/E 71.2× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 40.3 + 12.5 + 11.3 = 64.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Blue Dart Express Ltd](https://www.sectoralpha.in/stocks/blue-dart-express-ltd) BLUEDART · quiet · Evidence leans up · 81% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 9.2% · Profit 15.3% · Operating margin change 2 points · 88% evidence Capital efficiency 17.3/25 · ROCE 15.8% · Operating margin 16% · 100% evidence Valuation 8.9/20 · P/E 30.5× · PEG 3.26 · 100% evidence Relative strength 7.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.3% · 1 year -36.5% · 25% evidence · 1 of 12 weeks ahead Exact sum: 20.4 + 17.3 + 8.9 + 7.7 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Gateway Distriparks Ltd](https://www.sectoralpha.in/stocks/gateway-distriparks-ltd) GATEWAY · quiet · Evidence leans up · 85% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 8.2% · Profit -38.7% · Operating margin change 1 points · 100% evidence Capital efficiency 13.3/25 · ROCE 10.8% · Operating margin 22% · 100% evidence Valuation 17.4/20 · P/E 9.1× · PEG 1.02 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.4% · 1 year -32.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 13.3 + 17.4 + 7.5 = 52.5 · 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. Transport Corporation of India Ltd this page TCI · turning · Evidence leans up · 100% evidence 50.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue 11.5% · Profit 5.9% · Operating margin change -1 points · 100% evidence Capital efficiency 16.8/25 · ROCE 19.4% · Operating margin 10% · 100% evidence Valuation 11.6/20 · P/E 14.7× · PEG 2.3 · 100% evidence Relative strength 7.0/20 · Lead over its industry -9.2% · Lead over NIFTY 500 -5.3% · 1 year -27.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.3 + 16.8 + 11.6 + 7 = 50.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Ritco Logistics Ltd](https://www.sectoralpha.in/stocks/ritco-logistics-ltd) RITCO · losing its lead · Evidence leans down · 78% evidence 46.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 16.9% · Profit -35.4% · Operating margin change -1.1 points · 83% evidence Capital efficiency 10.4/25 · ROCE 10.2% · Operating margin 6% · 76% evidence Valuation 7.9/20 · P/E 23.8× · PEG n/a · 50% evidence Relative strength 14.5/20 · Lead over its industry 4.6% · Lead over NIFTY 500 8% · 1 year 3.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 13.2 + 10.4 + 7.9 + 14.5 = 46 · What this means: Relative strength against the index is 8%, and revenue and profit growth are weak. 8. [TransIndia Real Estate Ltd](https://www.sectoralpha.in/stocks/transindia-real-estate-ltd) TREL · breaking out · Evidence leans down · 78% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 1.2% · Profit -26.8% · Operating margin change -11 points · 83% evidence Capital efficiency 9.3/25 · ROCE 2.9% · Operating margin 55% · 76% evidence Valuation 13.7/20 · P/E 15.2× · PEG n/a · 50% evidence Relative strength 9.4/20 · Lead over its industry -7.2% · Lead over NIFTY 500 -3.6% · 1 year -17.2% · 100% evidence · 9 of 12 weeks ahead Exact sum: 12.1 + 9.3 + 13.7 + 9.4 = 44.5 · 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. 9. [Blackbuck Ltd](https://www.sectoralpha.in/stocks/blackbuck-ltd) BLACKBUCK · breaking out · Evidence leans down · 78% evidence 41.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.3/35 · Revenue 49.9% · Profit -38.6% · Operating margin change -2 points · 100% evidence Capital efficiency 15.2/25 · ROCE 12.8% · Operating margin 22% · 100% evidence Valuation 7.6/20 · P/E 55.9× · PEG 2.37 · 65% evidence Relative strength 10.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -17.6% · 25% evidence · 11 of 12 weeks ahead Exact sum: 8.3 + 15.2 + 7.6 + 10.7 = 41.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Sindhu Trade Links Ltd](https://www.sectoralpha.in/stocks/sindhu-trade-links-ltd) SINDHUTRAD · basing · Too little evidence to rank firmly · 56% evidence 38.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue -63.7% · Profit 11.4% · Operating margin change 8 points · 83% evidence Capital efficiency 7.4/25 · ROCE 4.5% · Operating margin 16% · 76% evidence Valuation 9.4/20 · P/E 46.4× · PEG n/a · 15% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -12.9% · 1 year -18.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.8 + 7.4 + 9.4 + 8 = 38.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Western Carriers (India) Ltd](https://www.sectoralpha.in/stocks/western-carriers-indialtd) WCIL · breaking out · Evidence leans down · 64% evidence 37.3 out of 100 Growth Capital Valuation Relative
12. [Container Corporation Of India Ltd](https://www.sectoralpha.in/stocks/container-corporation-of-india-ltd) CONCOR · quiet · Evidence leans down · 96% evidence 36.5 out of 100 Growth Capital Valuation Relative
13. [Reliance Industrial Infrastructure Ltd](https://www.sectoralpha.in/stocks/reliance-industrial-infrastructure-ltd) RIIL · basing · Most evidence points down · 85% evidence 26.3 out of 100 Growth Capital Valuation Relative
14. [S J Logistics (India) Ltd](https://www.sectoralpha.in/stocks/s-j-logistics-indialtd) SJLOGISTIC · Too little evidence to rank firmly · 40% evidence 66.9 out of 100 Growth Capital Valuation Relative
15. [Tejas Cargo India Ltd](https://www.sectoralpha.in/stocks/tejas-cargo-india-ltd) TEJASCARGO · turning · Too little evidence to rank firmly · 32% evidence 52.3 out of 100 Growth Capital Valuation Relative
16. [JITF Infra Logistics Ltd](https://www.sectoralpha.in/stocks/jitf-infra-logistics-ltd) JITFINFRA · quiet · Too little evidence to rank firmly · 46% evidence 52.1 out of 100 Growth Capital Valuation Relative
17. [Sical Logistics Ltd](https://www.sectoralpha.in/stocks/sical-logistics-ltd) SICALLOG · quiet · Too little evidence to rank firmly · 49% evidence 46.4 out of 100 Growth Capital Valuation Relative
18. [Allcargo Gati Ltd(Merged)](https://www.sectoralpha.in/stocks/allcargo-gati-ltd-merged) ACLGATI · Too little evidence to rank firmly · 24% evidence 38.8 out of 100 Growth Capital Valuation Relative

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](https://www.sectoralpha.in/sectors/logistics), all 18 compared on one page. ## Which companies are close to Transport Corporation of India in size? Transport Corporation of India is the 6th largest of 18 Logistics companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Shadowfax Technologies, Blackbuck and Blue Dart Express. Just below it: Sindhu Trade Links, Gateway Distriparks and Reliance Industrial Infrastructure. ### Logistics companies close in size

1. [Shadowfax Technologies Ltd](https://www.sectoralpha.in/stocks/shadowfax-technologies-ltd) ₹15,956 crore
2. [Blackbuck Ltd](https://www.sectoralpha.in/stocks/blackbuck-ltd) ₹10,278 crore
3. [Blue Dart Express Ltd](https://www.sectoralpha.in/stocks/blue-dart-express-ltd) ₹9,897 crore
4. Transport Corporation of India Ltd ₹6,745 crore
5. [Sindhu Trade Links Ltd](https://www.sectoralpha.in/stocks/sindhu-trade-links-ltd) ₹3,591 crore
6. [Gateway Distriparks Ltd](https://www.sectoralpha.in/stocks/gateway-distriparks-ltd) ₹2,142 crore
7. [Reliance Industrial Infrastructure Ltd](https://www.sectoralpha.in/stocks/reliance-industrial-infrastructure-ltd) ₹1,013 crore

[All 18 Logistics companies, largest first](https://www.sectoralpha.in/sectors/logistics#all-companies)

### Companies close in size in other industries

1. [Mishra Dhatu Nigam Ltd](https://www.sectoralpha.in/stocks/mishra-dhatu-nigam-ltd) ₹6,758 crore · Aerospace & Defence - Equipments
2. [Spectrum Electrical Industries Ltd](https://www.sectoralpha.in/stocks/spectrum-electrical-industries-ltd) ₹6,757 crore · Capital Goods - Electric General
3. Transport Corporation of India Ltd ₹6,745 crore
4. [India Shelter Finance Corporation Ltd](https://www.sectoralpha.in/stocks/india-shelter-finance-corporation-ltd) ₹6,726 crore · Finance - Housing
5. [JK Paper Ltd](https://www.sectoralpha.in/stocks/jk-paper-ltd) ₹6,711 crore · Paper

## What else do people ask about Transport Corporation of India? ### What is Transport Corporation of India's share price today? Transport Corporation of India Ltd's share price is ₹864.10, −24.0% over the past year. The whole company is worth ₹6,638 Cr on the market. In the last 52 weeks it traded between ₹830 to ₹1,136; today it is 11% of the way up from the low, 7.9% below its 200-day average (as of 4 November 2026). ### What were Transport Corporation of India's latest quarterly results? Transport Corporation of India Ltd reported revenue of ₹1,388 Cr and net profit of ₹117 Cr for the Sep 2026 quarter. Revenue rose 15.2% and profit rose 2.6% compared with a year earlier. Earnings per share were ₹15.07 (as of 4 November 2026). ### What is Transport Corporation of India's market cap? Transport Corporation of India Ltd's market capitalisation is ₹6,638 Cr at a share price of ₹864.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Transport Corporation of India performing? Transport Corporation of India Ltd's share price has been falling for 45 weeks. In its latest quarter, revenue rose 15.2% and profit rose 2.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 2 weeks running (as of 4 November 2026). ### Will Transport Corporation of India's share price go up? This page does not forecast Transport Corporation of India Ltd's share price. What it shows instead: the share price is ₹864.10, and it has been falling for 45 weeks. Its P/E of 14.5× is higher than 8% of its own last 11 years (as of 4 November 2026). ### Does Transport Corporation of India have too much debt? No, Transport Corporation of India Ltd has little debt: its debt is 0.12× its equity, and its operating profit is 23 times its interest bill. FY26 borrowings were ₹312 Cr against equity of ₹2,566 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Transport Corporation of India in its business cycle? Transport Corporation of India Ltd's FY26 operating margin was 11.0%, against a 13-year range of 5.0% to 13.0%: the middle of its own range, neither a peak nor a low. 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 4 November 2026). ### What could break the Transport Corporation of India story? The main question: yearly earnings per share moved +10.4% while the share price moved −24.0%. 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 4 November 2026). ### Is Transport Corporation of India a stock worth studying right now? What the numbers show: Transport Corporation of India Ltd's earnings have grown faster than its share price. Earnings per share grew +10.4% in a year while the price moved −24.0%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Transport Corporation of India share price forecast for 2026? What management itself guided: Consolidated FY27 revenue growth 10-12% and margin growth 10-12% with stronger H2 expected. This is research, not advice. We’re not SEBI-registered.