Transport Corporation of India Ltd

BSE: TCI532349ISIN INE688A01022

Services
Logistics Solution Provider
BSE 1000

Share price

₹863.60-8.85 (-1.01%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,245.05
52W low: ₹799.20
Off 52W high: -30.64%
1M return: -1.77%
3M return: -6.93%
6M return: -10.46%
1Y return: -26.87%
20D avg volume: 3,026
50 DMA: ₹863.83
200 DMA: ₹937.66

Key ratios Consolidated

Market cap: ₹6,635 Cr
Current price: ₹863.60
52W high / low: ₹1,245.05 / ₹799.20
Face value: ₹2.00
P/E: 14.31
P/B: 2.38
EPS (TTM): ₹60.37
Book value / share: ₹362.38
ROE: —
ROCE: 15.20%
Operating margin: —
Net margin: —
Debt / equity: 0.08
Net debt: ₹125.50 Cr
Interest cover: 19.21
Dividend yield: 1.16%
Dividend / share (TTM): ₹10.00
Payout: 16.56%
Cash conversion cycle: 41.9 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,388	1,248	1,324	1,249	1,205	1,139	1,179	1,147	1,121	1,045	1,079	1,002
	9.90	6.30	12.30	12.10	12.50	11.30	18.40	6.80	10.60	10.90	16.50	9.50
	1,398	1,255	1,336	1,261	1,217	1,151	1,197	1,154	1,131	1,056	1,095	1,012
	1,290	1,156	1,223	1,160	1,115	1,052	1,092	1,065	1,037	974.50	1,007	938.70
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	77.00	73.50	65.70	72.90	69.90	67.50	61.90	63.50	62.90	61.40	54.50	56.60
	7.30	7.00	5.80	5.70	5.90	5.40	5.50	5.90	4.60	4.20	4.10	3.50
	38.70	36.10	35.80	32.20	30.50	28.80	29.20	30.50	29.10	29.00	33.40	33.10
	1,167	1,040	1,116	1,049	1,008	950.80	995.20	36.60	38.40	37.20	39.80	38.80
	108.20	98.40	113.10	101.20	102.80	98.10	105.40	88.90	94.00	81.50	88.40	72.80
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.40	0.00
	108.20	98.40	113.10	101.20	102.80	98.10	105.40	88.90	94.00	81.50	86.00	72.80
	13.00	10.20	7.90	7.90	12.50	10.60	12.10	9.30	10.90	11.00	2.80	10.80
	116.90	106.60	124.50	115.80	113.50	107.20	115.10	102.10	107.30	91.60	103.30	80.20
	15.08	13.77	16.12	14.96	14.69	13.90	14.80	13.04	13.68	11.70	13.15	10.23
Key metrics
	154.20	141.50	154.70	139.10	139.20	132.30	140.10	125.30	127.70	114.70	123.50	109.40
	11.10%	11.30%	11.70%	11.10%	11.60%	11.60%	11.90%	10.90%	11.40%	11.00%	11.40%	10.90%
	8.40%	8.50%	9.40%	9.30%	9.40%	9.40%	9.80%	8.90%	9.60%	8.80%	9.60%	8.00%
	3.70%	—	4.10%	—	4.10%	—	4.60%	—	—	—	—	—
	15.20%	9.60%	12.30%	8.90%	7.50%	9.00%	9.30%	14.50%	—	—	—	—
	3.00%	-0.60%	8.20%	13.40%	5.80%	17.00%	11.40%	27.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	5,209	4,917	4,492	4,024	3,783	3,257
	40.60	48.20	46.70	45.80	30.26	19.91
	5,250	4,965	4,538	4,070	3,813	3,277
	4,829	4,550	4,169	3,755	3,490	2,974
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	289.10	276.00	249.70	223.40	196.53	169.98
	25.80	22.80	20.20	13.30	9.82	12.83
	142.80	127.30	117.80	128.40	121.41	113.02
	4,371	4,124	3,781	147.20	131.37	101.32
	420.90	415.20	369.80	314.60	323.05	302.80
	0.00	0.00	0.00	-2.40	-3.38	0.00
	420.90	415.20	369.80	312.20	319.67	302.80
	39.00	40.00	43.30	33.60	43.44	37.65
	463.80	459.90	416.10	354.50	320.59	292.82
	59.93	59.49	53.43	45.18	40.96	37.50
Key metrics
	589.50	565.30	507.80	453.90	450.90	428.65
	11.32%	11.50%	11.30%	11.30%	11.90%	13.20%
	8.90%	9.40%	9.30%	8.80%	8.50%	9.00%
	—	15.20%	16.20%	—	—	—
	11.54%	9.50%	11.60%	6.40%	16.10%	—
	5.91%	10.50%	17.40%	10.60%	9.50%	—
	—	30.90	5.20	—	—	—
	—	0.97	0.86	—	—	—
	—	0.08	0.07	—	—	—
	—	125.50	104.20	—	—	—
	—	41.9	50.5	—	—	—
Balance sheet
	—	3,482	2,780	—	—	—
	—	1,600	1,258	—	—	—
	—	93.20	51.00	—	—	—
	—	816.40	721.90	—	—	—
	—	14.80	6.60	—	—	—
	—	204.00	57.60	—	—	—
	—	1,042	822.70	—	—	—
	—	266.90	106.50	—	—	—
	—	597.60	364.80	—	—	—
	—	218.70	155.20	—	—	—
	—	75.90	53.10	—	—	—
	—	142.80	102.10	—	—	—
	—	2,605	2,191	—	—	—
Cash flow
	—	444.40	359.20	—	—	—
	—	-367.10	-99.30	—	—	—
	—	-35.10	-292.00	—	—	—
	—	413.50	354.00	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,185	1,070	1,128	1,065	1,048	984.00	1,004	993.50	998.50	939.40	953.90	899.90
	11.40	41.80	12.70	48.50	16.80	49.80	16.20	48.70	13.50	45.00	15.50	44.60
	1,196	1,112	1,140	1,113	1,065	1,034	1,021	1,042	1,012	984.40	969.40	944.50
	1,093	982.50	1,031	975.90	966.40	900.00	917.40	915.40	919.30	868.60	883.70	839.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	72.50	69.90	63.70	70.30	67.60	65.20	59.20	60.90	60.20	59.20	52.80	54.40
	6.00	5.40	4.70	4.30	4.70	4.10	4.30	4.30	3.40	3.00	2.80	2.50
	33.70	31.00	31.20	28.30	26.80	25.00	25.50	27.40	26.70	26.40	30.50	30.70
	981.00	876.20	931.10	873.00	867.30	805.70	828.40	33.70	36.20	33.50	38.50	35.80
	103.20	129.10	109.70	137.30	98.80	133.80	103.30	126.80	92.70	115.80	85.70	105.50
	0.00	0.00	0.00	0.00	0.00	0.00	-1.80	—	—	—	-1.70	—
	103.20	129.10	109.70	137.30	98.80	133.80	101.50	126.80	92.70	115.80	84.00	105.50
	11.50	9.30	8.20	6.80	11.00	9.60	11.00	8.60	10.20	10.60	2.00	9.90
	91.70	119.80	101.50	130.50	87.80	124.20	90.50	118.20	82.50	105.20	82.00	95.60
	11.94	15.60	13.23	17.02	11.45	16.21	11.73	15.28	10.61	13.53	10.56	12.32
Key metrics
	142.90	165.50	145.60	169.90	130.30	162.90	131.30	158.50	122.80	145.20	117.30	138.70
	12.10%	15.50%	12.90%	16.00%	12.40%	16.60%	13.10%	16.00%	12.30%	15.50%	12.30%	15.40%
	7.70%	11.20%	9.00%	12.30%	8.40%	12.60%	9.00%	11.90%	8.30%	11.20%	8.60%	10.60%
	3.80%	—	4.40%	—	4.30%	—	4.90%	—	—	—	—	—
	13.00%	8.70%	12.30%	7.20%	5.00%	4.70%	5.30%	10.40%	—	—	—	—
	4.40%	-3.50%	12.20%	10.40%	6.40%	18.10%	10.40%	23.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,447	4,225	3,936	3,614	3,430	2,905
	114.40	127.80	122.90	99.60	62.28	31.14
	4,562	4,353	4,059	3,713	3,492	2,936
	4,082	3,873	3,621	3,354	3,149	2,633
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	276.40	266.80	239.50	215.50	189.63	163.76
	20.40	17.80	15.00	10.50	8.23	10.90
	124.20	111.30	106.00	120.50	116.76	107.59
	3,661	3,477	3,260	137.20	121.79	95.15
	479.30	479.60	438.10	359.70	343.86	303.09
	0.00	0.00	-1.80	-1.70	-1.00	—
	479.30	479.60	436.30	358.00	342.86	303.09
	35.80	35.60	40.40	30.10	39.35	35.66
	443.50	444.00	395.90	327.90	303.51	267.43
	57.79	57.89	51.30	42.23	39.18	34.63
Key metrics
	623.90	608.70	557.30	489.00	467.85	421.58
	14.03%	14.40%	14.20%	13.50%	13.60%	14.50%
	9.97%	10.50%	10.10%	9.10%	8.80%	9.20%
	—	18.90%	20.80%	—	—	—
	10.34%	7.30%	8.90%	5.40%	18.10%	—
	5.42%	12.10%	20.70%	8.00%	13.50%	—
	—	50.40	12.40	—	—	—
	—	0.97	0.86	—	—	—
	—	0.07	0.05	—	—	—
	—	73.60	69.70	—	—	—
	—	44.3	53.4	—	—	—
Balance sheet
	—	3,140	2,473	—	—	—
	—	1,427	1,122	—	—	—
	—	88.30	32.70	—	—	—
	—	706.70	633.30	—	—	—
	—	14.80	6.60	—	—	—
	—	183.60	43.00	—	—	—
	—	1,082	734.20	—	—	—
	—	210.00	64.00	—	—	—
	—	511.40	306.10	—	—	—
	—	161.90	102.40	—	—	—
	—	42.50	29.60	—	—	—
	—	119.40	72.80	—	—	—
	—	2,381	1,982	—	—	—
Cash flow
	—	432.40	340.70	—	—	—
	—	-344.60	-105.50	—	—	—
	—	-32.20	-276.60	—	—	—
	—	382.00	328.30	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +7.19%
Sales CAGR 5Y: —
Profit CAGR 3Y: +13.52%
Profit CAGR 5Y: —
Sales YoY (TTM): +10.34%
Profit YoY (TTM): +5.42%

Consolidated

Sales CAGR 3Y: +9.14%
Sales CAGR 5Y: —
Profit CAGR 3Y: +12.78%
Profit CAGR 5Y: —
Sales YoY (TTM): +11.54%
Profit YoY (TTM): +5.91%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 68.64%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	68.64%	68.64%	68.64%

Holder	Type	Holding	Previous	Change
BHORUKA SUPPLY CHAIN SOLUTIONS HOLDINGS LIMITED	Promoter Group	44.08%	44.08%	0.00%
HDFC MUTUAL FUND - HDFC CHILDRENS FUND	Public	8.82%	8.82%	0.00%
DHARMPAL AGARWAL- TCI TRADING	Promoter Group	6.35%	6.35%	0.00%
VINEET AGARWAL	Promoter	3.88%	3.88%	0.00%
DHARAM PAL AGARWAL	Promoter Group	2.60%	2.60%	0.00%
URMILA AGARWAL	Promoter Group	2.36%	2.36%	0.00%
CHANDER AGARWAL	Promoter	2.34%	2.34%	0.00%
PRIYANKA AGARWAL	Promoter Group	2.16%	2.16%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY	Public	1.51%	1.51%	0.00%
TATA MULTICAP FUND	Public	1.45%	1.45%	0.00%
VIHAAN AGARWAL	Promoter Group	1.29%	1.29%	0.00%
NAV AGARWAL	Promoter Group	1.29%	1.29%	0.00%
NIRMAL MISHRILAL BANG HUF	Public	1.13%	1.13%	0.00%
DHARMPAL AGARWAL	Promoter	1.06%	1.06%	0.00%
CHANDRIMA AGARWAL	Promoter Group	0.77%	0.77%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Container Corporation Of India Ltd.	32,445	426.00	26.57	12.20%	+1.16% TTM	-7.03% TTM	-21.45%
Delhivery Limited	31,323	417.90	169.69	2.60%	+23.65% TTM	+33.62% TTM	-13.83%
SHADOWFAX TECHNOLOGIES LIMITED	16,398	279.35	73.18	6.70%	—	—	—
Blue Dart Express Ltd.	10,518	4,432.85	36.64	16.90%	+9.23% TTM	+15.83% TTM	-30.46%
Transport Corporation of India Ltd	6,635	863.60	14.31	15.20%	+11.54% TTM	+5.91% TTM	-26.87%
VRL Logistics Limited S	5,759	329.20	21.54	18.80%	—	—	+21.45%
TVS Supply Chain Solutions Limited	5,149	116.70	75.35	9.30%	+16.89% TTM	+26.44% TTM	-9.92%
Mahindra Logistics Limited	4,139	416.90	48.65	6.40%	+20.30% TTM	+380.30% TTM	+21.35%
Afcom Holdings Limited S	3,651	1,262.75	43.17	24.40%	—	—	+51.50%
Gateway Distriparks Limited	2,319	46.41	9.64	11.00%	+8.19% TTM	-38.77% TTM	-26.84%
TCI Express Limited	1,929	501.80	23.39	12.60%	+5.16% TTM	-0.59% TTM	-27.07%
SKYWAYS AIR SERVICES LIMITED	1,527	105.09	—	—	+25.14% FY26	+31.95% FY26	—
Allcargo Logistics Ltd	1,445	9.65	27.80	6.00%	-82.83% TTM	+156.50% TTM	—
Navkar Corporation Limited S	1,227	81.52	25.88	3.10%	+49.84% TTM	+304.97% TTM	-28.93%
Allcargo Global Limited	1,156	11.76	—	—	—	—	—
Reliance Industrial Infrastructure	1,061	702.35	89.35	2.90%	-23.65% TTM	-1.90% TTM	-21.09%
Western Carriers (India) Limited	946	92.77	25.76	8.00%	+9.28% TTM	-35.60% TTM	-30.27%
Shree Vasu Logistics Limited	851	740.00	—	—	—	—	—
Ritco Logistics Limited	774	270.25	29.67	15.70%	—	—	+5.94%
Sical Logistics Limited	616	77.25	8.38	17.40%	+51.67% TTM	+755.17% TTM	—
Transindia Real Estate Limited	600	24.43	14.64	3.60%	-0.32% TTM	-25.95% TTM	-19.69%
SNOWMAN LOGISTICS LIMITED S	563	33.69	61.25	3.50%	+6.82% TTM	+214.38% TTM	-30.75%
Glottis Limited	522	56.45	—	18.80%	—	—	-22.31%
PARADEEP PARIVAHAN LIMITED	492	308.90	—	27.30%	—	—	+109.99%
Lancer Container Lines Limited	413	11.11	26.67	1.80%	-33.61% TTM	+190.69% TTM	-38.69%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Transport Corporation of India Limited has informed the Exchange regarding the allotment of 12,055 Equity Shares as per ESOP Plan-20173 Nov 2026 · Company Update / Allotment of ESOP / ESPS
Transport Corporation of India has informed the Exchange regarding appointment of Mr. Nishant Arya (DIN: 00004954) as an Additional Director categorised as Non-Executive Independent Director ....3 Nov 2026 · Company Update / Change in Management
Transport Corporation of India Limited has informed the Exchange regarding the cessation of tenure of two terms of five years each of Mr. Vijay Sankar as Non-Executive Independent Director ....3 Nov 2026 · Company Update / Cessation
Transport Corporation of India has informed the Stock Exchange regarding change in directors of the Company.3 Nov 2026 · Company Update / Change in Directorate
Completion of Extinguishment of equity shares pursuant to the buyback by the Company2 Nov 2026 · Company Update / Buy back
Audio Recording of Analyst Investor Call for 2nd quarter and half year ended September 30, 202630 Oct 2026 · Company Update / Analyst / Investor Meet
Submission of Investors'' Presentation for the 2nd quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Investor Presentation
Post Buyback Public Announcement30 Oct 2026 · Company Update / Post Buyback Public Announcement
Intimation in respect of capacity addition.29 Oct 2026 · Company Update / General
Intimation of newspaper advertisement of Post Buyback Public Announcement for the Buyback of fully paid-equity shares having face value of Rs. 2/- each.29 Oct 2026 · Company Update / Newspaper Publication
Newspaper Advertisement of un-audited financial results (standalone and consolidated) published for the quarter and half year ended on September 30, 202628 Oct 2026 · Company Update / Newspaper Publication
Press Release on Un-Audited Financial Results (Standalone and Consolidated) for the second quarter and half year ended September 30, 202627 Oct 2026 · Company Update / Press Release / Media Release
Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 202627 Oct 2026 · Result / Financial Results
Issuance of Non-Convertible Debentures27 Oct 2026 · Company Update / Issue of Securities
Appointment of CEO - Designate, TCI Seaways Division and Senior Management Personnel27 Oct 2026 · Company Update / Change in Management
Outcome of the Board meeting held on October 27, 202627 Oct 2026 · Board Meeting / Outcome of Board Meeting
Compliance Certificate under Regulation 74(5) of SEBI (Depository Participants) Regulations, 2015 for quarter ended September 30, 202622 Oct 2026 · Company Update / General
Transport Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve To consider ....22 Oct 2026 · Board Meeting / Board Meeting
Rescheduling of Analyst/Investor Conference Call19 Oct 2026 · Company Update / Analyst / Investor Meet
Re - Lodgement of Transfer request of Physical Shares - As per SEBI Special Window requirement15 Oct 2026 · Company Update / General
Submission of offer opening advertisement regarding dispatch of Letter of Offer14 Oct 2026 · Company Update / Newspaper Publication
Intimation of Analyst/Investor Conference Call under Regulation 30 of SEBI (LODR) Regulations, 201513 Oct 2026 · Company Update / Analyst / Investor Meet
Transport Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve Intimation of ....13 Oct 2026 · Board Meeting / Board Meeting
Transport Corporation of India has submitted with the exchanges the Letter of Offer pursuant to buyback through tender offer route12 Oct 2026 · Company Update / General
Intimation under Regulation 30 - Credit Ratings1 Oct 2026 · Company Update / Credit Rating
Submission of Corrigendum to Public Announcement for Buyback of fully paid - equity shares1 Oct 2026 · Company Update / Newspaper Publication
Submission of Corrigendum to Public Announcement for Buyback of fully paid equity shares1 Oct 2026 · Company Update / General
Submission of Board Resolution for Buyback of fully paid equity shares30 Sep 2026 · Company Update / General
Submission of Public Announcement for Buyback of fully paid equity shares30 Sep 2026 · Company Update / Newspaper Publication
Submission of Public Announcement for Buyback of fully paid equity shares30 Sep 2026 · Company Update / General
Promoter Group of the Company, have communicated their intention to not participate in the Buyback29 Sep 2026 · Company Update / General
The Company in its Board Meeting held on September 29, 2026 has approved the buyback of equity shares of the Company29 Sep 2026 · Company Update / Buy back
Incorporation of Wholly Owned Subsidiary Company in People''s Republic of China ("WOS")29 Sep 2026 · Company Update / General
Record Date for Buyback of equity share is October 9, 202629 Sep 2026 · Corp. Action / Record Date
TCI in its board meeting held on September 29, 2026 has approved the issue of Buyback of equity shares and other matters incidental thereto29 Sep 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Closure of Trading Window for the proposed buyback and ensuing trading restriction in connection with declaration of financial result.24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Transport Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/09/2026 ,inter alia, to consider and approve proposal for ....24 Sep 2026 · Board Meeting / Board Meeting
Newspaper Publication for Special Window for Re-Lodgement of Transfer request of Physical shares19 Sep 2026 · Company Update / Newspaper Publication
Intimation with respect to transfer of equity shares under Section 124(6) of the Companies Act, 2013 to IEPF Authority11 Sep 2026 · Company Update / General
Newspaper Publications of the Notice for proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority11 Sep 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Buy Back of Shares	9 Oct 2026	9 Oct 2026	—
Final Dividend - Rs. - 1.0000	17 Jul 2026	17 Jul 2026	—
Interim Dividend - Rs. - 9.0000	10 Feb 2026	10 Feb 2026	—
Interim Dividend - Rs. - 4.5000	30 Jan 2025	30 Jan 2025	—
Interim Dividend - Rs. - 3.5000	31 Oct 2024	1 Nov 2024	—
Buy Back of Shares	4 Sep 2024	4 Sep 2024	—
Final Dividend - Rs. - 2.0000	19 Jul 2024	—	—

Board meetings

27 Oct 2026 Board Meeting - Financial Results
30 Jul 2026 Board Meeting - Financial Results