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TCI Express Ltd

NSE: TCIEXP BSE: 540212

565.05

(-0.62%)

Sun, 15 Feb 2026, 01:05 am

TCI Express Analysis

dividend

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Pros

  • Dividends paid are well covered by earnings (5.8x coverage).
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Cons

  • Dividend payments have increased, but TCI Express only paid a dividend in the past 3 years.
  • Whilst dividend payments have been stable, TCI Express has been paying a dividend for less than 10 years.
  • TCI Express's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • TCI Express's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • TCI Express is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TCI Express is profitable, therefore cash runway is not a concern.
  • TCI Express is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (2844.7%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 78.2x debt.
  • TCI Express's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (31.1% vs 0.8% today).
  • Interest payments on debt are well covered by earnings (EBIT is 131x coverage).
  • TCI Express's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
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Cons

  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the TCI Express board of directors is about average.
  • Phool's compensation has been consistent with company performance over the past year, both up more than 20%.
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Cons

  • Phool's remuneration is higher than average for companies of similar size in India.
  • TCI Express individual insiders have sold more shares than they have bought in the past 3 months.

misc

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Pros

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    Cons

    • TCI Express is not covered by any analysts.

    past

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    Pros

    • TCI Express has delivered over 20% year on year earnings growth in the past 5 years.
    • TCI Express used its assets more efficiently than the IN Logistics industry average last year based on Return on Assets.
    • TCI Express has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
    • TCI Express's earnings growth has exceeded the IN Logistics industry average in the past year (22.3% vs -1.7%).
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    Cons

    • TCI Express's 1-year earnings growth is less than its 5-year average (22.3% vs 40.6%)
    • TCI Express's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

    value

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    Pros

    • TCIEXP outperformed the Logistics industry which returned -35% over the past year.
    • TCIEXP outperformed the Market in India which returned -14.5% over the past year.
    • NSEI:TCIEXP is up 5.6% along with the Logistics industry (4.7%) over the past month.
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    Cons

    • TCI Express's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • TCI Express's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • TCI Express is overvalued based on assets compared to the IN Logistics industry average.
    • TCI Express is overvalued based on earnings compared to the IN Logistics industry average.
    • TCI Express is overvalued based on earnings compared to the India market.
    • NSEI:TCIEXP is up 5.6% underperforming the market in India which returned 8% over the past month.

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    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800