Transport Corporation of India Limited
Transport Corporation of India Limited operates in Logistics Solution Provider, part of the Services sector. It booked ₹1,388 cr of revenue in its latest quarter (Q2 FY27) and kept 8.4% of sales as profit. It is the 6th largest of 9 Logistics Solution Provider companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Supply Chain Solutions Division | 971 | 1,064 | 1,340 | 1,535 | 1,777 | 2,199 | 34% → 42% |
| Freight Division | 1,476 | 1,690 | 1,920 | 1,523 | 2,211 | 2,354 | 52% → 45% |
| Seaways Division | 395 | 558 | 599 | 553 | 620 | 654 | 14% → 13% |
| Energy Division | — | 1 | 3 | 2 | — | 4 | 0% |
| Freight | — | — | — | 475 | — | — | — |
| Total | 2,843 | 3,312 | 3,862 | 4,087 | 4,608 | 5,211 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“To be a trusted, customer-centric logistics partner delivering integrated, technology-led solutions with excellence at every touchpoint, while creating lasting value for customers, employees, partners, shareholders and society.”
Healthier than 74% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 34–117 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 52
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in TCI?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹1,388 cr |
| Other Income | ₹10 cr |
| Total Income | ₹1,398 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹77 cr |
| Finance Costs | ₹7 cr |
| Depreciation & Amortisation | ₹39 cr |
| Other Expenses | ₹1,167 cr |
| Total Expenses | ₹1,290 cr |
| Profit before Tax | ₹108 cr |
| Tax Expense | ₹13 cr |
| Share of JV / Associates | ₹22 cr |
| Net Profit | ₹117 cr |
| Net margin on total income | 8.4% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 1,324 cr | 1,249 cr | 1,388 cr |
| Total income | 1,336 cr | 1,255 cr | 1,398 cr |
| Expenses | 1,223 cr | 1,156 cr | 1,290 cr |
| Profit before tax | 113 cr | 98 cr | 108 cr |
| Tax | 8 cr | 10 cr | 13 cr |
| Net profit (owners' share) | 125 cr | 107 cr | 117 cr |
| Net margin (owners' share, on revenue) | 9.4% | 8.5% | 8.4% |
| EPS (₹) | 16.12 | 13.77 | 0.00 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Container Corporation of India Limited | ₹419 | ₹31,923 cr | 22.6 | 10.6% | 14.8% | — |
| Delhivery Limited | ₹412 | ₹30,871 cr | 190.7 | 1.8% | 1.4% | — |
| Shadowfax Technologies Limited | ₹284 | ₹16,657 cr | 61.2 | 14.4% | 4.4% | — |
| Blue Dart Express Limited | ₹4,365 | ₹10,358 cr | 29.3 | 19.9% | 5.3% | — |
| Shiprocket Limited | ₹131 | ₹8,327 cr | — | — | -2.3% | — |
| Transport Corporation of India Limitedthis company | ₹871 | ₹6,704 cr | — | 16.8% | 8.4% | — |
| VRL Logistics Limited | ₹295 | ₹5,169 cr | 16.1 | 24.3% | 9.2% | — |
| TVS Supply Chain Solutions Limited | ₹111 | ₹4,884 cr | 58.8 | 4.1% | 0.6% | — |
| Mahindra Logistics Limited | ₹408 | ₹4,053 cr | 38.7 | 8.7% | 1.3% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Buyback | Buy Back | 9 Oct 2026 |
| Dividend | ₹1 / share | 17 Jul 2026 |
| Dividend | ₹9 / share | 10 Feb 2026 |
| Dividend | ₹4.5 / share | 30 Jan 2025 |
| Dividend | ₹3.5 / share | 31 Oct 2024 |
| Buyback | Buy Back | 4 Sep 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 43 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.