TCI Express Ltd - Stock Valuation and Financial Performance

BSE: 540212 | NSE: TCIEXP | Logistics | Small Cap

TCI Express Share Price

1,013 11.20 1.12%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on TCI Express

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

TCI Express stock performance -

mw4me loader
P/E Ratio (CD):
27.72
Market Cap:
3,841.2 Cr.
52-wk low:
997.5
52-wk high:
1,699

Is TCI Express Ltd an attractive stock to invest in?

1. Is TCI Express Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TCI Express Ltd is a below average quality company.

2. Is TCI Express Ltd undervalued or overvalued?

The key valuation ratios of TCI Express Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is TCI Express Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of TCI Express Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of TCI Express:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
TCI Express Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'17Mar'19Mar'23TTM
ROCE % 0%0%23.6%-
Value Creation
Index
NANA0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 001,2411,263
Sales YoY Gr.-NANA-
Adj EPS 0036.436.1
YoY Gr.-NANA-
BVPS (₹) 00154.7180.5
Adj Net
Profit
00139139
Cash Flow from Ops. 00147-
Debt/CF from Ops. 000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANANANA
BVPSNANANANA
Share Price - 6.6% 3.8% -30.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'19Mar'23TTM
Return on
Equity %
0023.421.6
Op. Profit
Mgn %
0015.715.6
Net Profit
Mgn %
0011.211
Debt to
Equity
000-
Working Cap
Days
00045
Cash Conv.
Cycle
00028

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 21.60%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - TCI Express Ltd.

Standalone Consolidated
TTM EPS (₹) 36.1 36.1
TTM Sales (₹ Cr.) 1,263 1,263
BVPS (₹.) 180.5 180.5
Reserves (₹ Cr.) 684 684
P/BV 5.55 5.55
PE 27.72 27.72
From the Market
52 Week Low / High (₹) 997.50 / 1699.00
All Time Low / High (₹) 265.15 / 2570.00
Market Cap (₹ Cr.) 3,841
Equity (₹ Cr.) 7.7
Face Value (₹) 2
Industry PE 32.7

Management X-Ray of TCI Express:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of TCI Express

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23
Sales1,241
Operating Expenses 1,047
Manufacturing Costs858
Material Costs0
Employee Cost 124
Other Costs 64
Operating Profit 194
Operating Profit Margin (%) 15.7%
Other Income 7
Interest 2
Depreciation 15
Exceptional Items 0
Profit Before Tax 185
Tax 45
Profit After Tax 139
PAT Margin (%) 11.2%
Adjusted EPS (₹)36.4
Dividend Payout Ratio (%)22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23

Equity and Liabilities

Shareholders Fund 592
Share Capital 8
Reserves 585
Minority Interest0
Debt1
Long Term Debt0
Short Term Debt1
Trade Payables88
Others Liabilities 54
Total Liabilities 735

Fixed Assets

Gross Block430
Accumulated Depreciation56
Net Fixed Assets374
CWIP 61
Investments 33
Inventories0
Trade Receivables211
Cash Equivalents 17
Others Assets39
Total Assets 735

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23
Cash Flow From Operating Activity 147
PBT 185
Adjustment 16
Changes in Working Capital -11
Tax Paid -43
Cash Flow From Investing Activity -65
Capex -125
Net Investments 56
Others 5
Cash Flow From Financing Activity -84
Net Proceeds from Shares 2
Net Proceeds from Borrowing -1
Interest Paid -2
Dividend Paid -31
Others -52
Net Cash Flow -2
PARTICULARSMar'23
Ratios
ROE (%)23.51
ROCE (%)31.21
Asset Turnover Ratio1.69
PAT to CFO Conversion(x)1.06
Working Capital Days
Receivable Days62
Inventory Days0
Payable Days0

TCI Express Ltd Stock News

TCI Express Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TCI Express on 28-Mar-2024 16:01 is ₹1,013.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of TCI Express stood at ₹3,841.2.
The latest P/E ratio of TCI Express as of 28-Mar-2024 16:01 is 27.72.
The latest P/B ratio of TCI Express as of 28-Mar-2024 16:01 is 5.55.
The 52-week high of TCI Express is ₹1,699 and the 52-week low is ₹997.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TCI Express is ₹1,263 ( Cr.) .

About TCI Express Ltd

TCI XPS was established in 1996 as one of the foremost divisions of Transport Corporation of India (TCI), India’s most admired logistics company. Currently, TCI XPS has been hived off to become TCI Express Limited, an independent company listed with stock exchanges of India. The focus is very clearly on express cargo distribution with greater emphasis on the burgeoning e-commerce business. The specialize in offering time definite solutions. TCI Express provides a wide range of logistics solutions across different sectors. Known for its time-bound and express distribution services, the Company today provides domestic surface express, domestic air express, international air express, reverse express, and e-commerce express services across different sectors like automotive, pharmaceutical, textiles, information technology, retail, and e-commerce, among others.

Business area of the company

The company is engaged in offering transport, storage, warehousing and support services for transportation. The Company is engaged in express distribution and offers a single window door-to-door solution to customers. The Company provides around the clock services and time sensitive express deliveries by air mode.

Services of the company

  • Surface Express
  • Domestic Air Express
  • International Air Express
  • Reverse Express
  • E-Commerce

Awards and Accolades

  • 2019: Bharariya Manvata Vikash Puraskar 2019 as Most Brands Industry Trendsetter.
  • 2019: Bharariya Manvata Vikash Puraskar 2019 as Most Brands Industry Trendsetter.
  • 2019: India Logistics Summit & Award 2019 for Logistics Excellence Tech innovator of the year.
  • 2020: The Company has been certified as great place to work.
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