TCI Express Ltd

NSE: TCIEXP BSE: 540212

₹501.35

+4.35 (0.88%)

Sat, 07 Nov 2026, 10:56 pm

MTF 5xInvest in TCI Express Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)1908.18

PE Ratio23.55

Dividend1.81

Transportation

Air Freight/Couriers

24.5K

TCI Express Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	0	0	0	-24.43M	-37.57M	-37.80M	-9.00M	-7.80M	-9.10M	-18.10M	-14.70M	-13.10M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	456.98K	461.16K	1.98B	2.44B	3.44B	3.79B	4.32B	5.47B	6.57B	7.35B	8.50B	9.19B
Total current assets	414.15K	418.34K	1.23B	1.33B	1.76B	1.92B	2.21B	2.72B	3.18B	2.96B	3.82B	4.30B
Cash and short term investments	414.15K	416.35K	109.13M	87.84M	121.78M	171.00M	411.90M	859.30M	1.05B	487.90M	1.10B	1.63B
Cash & equivalents	414.15K	416.35K	109.13M	87.84M	121.78M	171.00M	126.00M	108.60M	179.90M	166.80M	203.90M	153.30M
Short term investments	0	0	0	0	0	0	285.90M	750.70M	870.10M	321.10M	900.40M	1.48B
Total receivables, net	—	1.99K	1.06B	1.17B	1.57B	1.72B	1.66B	1.72B	1.97B	2.29B	2.50B	2.47B
Accounts receivable - trade, net	—	—	1.05B	1.13B	1.54B	1.63B	1.66B	1.69B	1.90B	2.11B	2.32B	2.26B
Other receivables	—	—	8.13M	43.26M	25.06M	85.90M	2.60M	20.70M	77.70M	174.40M	184.20M	212.40M
Total inventory	0	0	0	0	0	0	0	0	0	0	0	0
Other current assets, total	0	0	51.78M	47.54M	55.39M	23.80M	130.70M	137.60M	141.40M	170.20M	174.40M	179.30M
Total non-current assets	42.82K	42.82K	756.56M	1.12B	1.68B	1.87B	2.10B	2.74B	3.39B	4.39B	4.69B	4.88B
Long term investments	0	0	0	0	0	12.50M	9.10M	146.70M	10.50M	4.30M	5.20M	52.20M
Note receivable - long term	—	—	—	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	0	0	0	0	0	12.50M	9.10M	146.70M	10.50M	4.30M	5.20M	52.20M
Net property/plant/equipment	0	0	719.85M	1.07B	1.64B	1.82B	2.06B	2.54B	3.23B	4.32B	4.63B	4.78B
Gross property/plant/equipment	—	—	880.60M	1.25B	1.82B	2.05B	2.33B	2.89B	3.66B	4.82B	5.26B	5.51B
Deferred tax assets	—	—	—	—	—	—	—	—	—	—	—	—
Net intangible assets	0	0	20.69M	16.21M	17.57M	15.00M	21.80M	17.70M	30.40M	30.10M	45.50M	44.70M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	20.69M	16.21M	17.57M	15.00M	21.80M	17.70M	30.40M	30.10M	45.50M	44.70M
Other long term assets, total	0	0	16.01M	15.00K	0	0	0	0	0	0	0	0
Short term debt	0	0	402.26M	310.96M	390.02M	75.40M	20.00M	11.10M	7.90M	32.30M	66.00M	51.60M
Current portion of LT debt and capital leases	0	0	4.77M	5.79M	8.41M	11.60M	10.70M	11.00M	7.80M	25.00M	36.40M	51.60M
Short term debt excl. current portion of LT debt	0	0	397.48M	305.17M	381.61M	63.80M	9.30M	100.00K	100.00K	7.30M	29.60M	0
Accounts payable	—	—	231.60M	371.99M	645.93M	723.50M	619.60M	751.90M	737.20M	884.10M	917.20M	944.10M
Income tax payable	—	1.29K	—	91.39M	2.14M	0	—	—	—	—	—	—
Long term debt	0	0	5.80M	5.18M	16.57M	23.00M	20.30M	11.30M	3.30M	38.40M	38.60M	47.00M
Long term debt excl. lease liabilities	0	0	5.80M	5.18M	16.57M	23.00M	20.30M	11.30M	3.30M	38.40M	38.60M	47.00M
Total equity	451.36K	454.25K	1.23B	1.61B	2.07B	2.67B	3.37B	4.34B	5.36B	5.96B	7.04B	7.64B
Shareholders' equity	451.36K	454.25K	1.23B	1.61B	2.07B	2.67B	3.37B	4.34B	5.36B	5.96B	7.04B	7.64B
Common equity, total	451.36K	454.25K	1.23B	1.61B	2.07B	2.67B	3.37B	4.34B	5.36B	5.96B	7.04B	7.64B
Other common equity	0	0	1.15B	1.40B	1.81B	2.31B	2.91B	3.65B	4.65B	5.33B	6.25B	6.84B
Total debt	0	0	408.06M	316.14M	406.60M	98.40M	40.30M	22.40M	11.20M	70.70M	104.60M	98.60M
Net debt	-414.15K	-416.35K	298.93M	228.31M	284.81M	-72.60M	-371.60M	-836.90M	-1.04B	-417.20M	-999.70M	-1.54B
Change in accounts receivable	—	—	-1.05B	-94.57M	-410.72M	-87.60M	-26.30M	-32.00M	-199.50M	-216.40M	-200.70M	60.70M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	231.59M	140.39M	269.92M	76.80M	-104.00M	132.30M	-14.60M	146.90M	32.90M	50.40M
Change in other assets/liabilities	—	—	96.77M	35.24M	182.38M	-57.90M	4.90M	-175.70M	108.00M	-40.20M	-5.90M	-34.80M
Sale of fixed assets & businesses	0	0	0	1.39M	1.88M	900.00K	1.60M	23.10M	4.40M	4.50M	2.80M	207.00M
Purchase/sale of investments, net	0	0	0	0	0	-12.50M	-282.50M	-438.80M	-146.80M	557.60M	-572.70M	-628.10M
Sale/maturity of investments	0	0	0	0	0	0	0	0	—	719.60M	474.30M	3.91B
Purchase of investments	0	0	0	0	0	-12.50M	-282.50M	-438.80M	-146.80M	-162.00M	-1.05B	-4.54B
Other investing cash flow items, total	0	0	-93.73M	-12.32M	-1.74M	-50.60M	-130.90M	0	0	0	0	0
Issuance/retirement of debt, net	0	0	403.29M	-91.92M	90.46M	-308.60M	-59.20M	-19.30M	-10.00M	-2.60M	22.30M	-29.60M
Issuance/retirement of long term debt	0	0	5.80M	391.00K	14.02M	0	0	0	0	0	0	0
Issuance/retirement of short term debt	0	0	397.48M	-92.31M	76.44M	-317.90M	-54.50M	-9.10M	-1.90M	5.20M	20.30M	-29.60M
Issuance/retirement of other debt	—	—	—	—	—	9.30M	-4.70M	-10.20M	-8.10M	-7.80M	2.00M	0
Total cash dividends paid	0	0	0	-36.87M	-129.04M	-133.90M	-212.70M	-76.90M	-307.90M	-307.60M	-306.70M	-307.00M
Other financing cash flow items, total	0	0	1.15B	0	0	0	0	0	0	-104.40M	0	0

Particulars	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	0	0	0	-24.43M	-37.57M	-37.80M	-9.00M	-7.80M	-9.10M	-18.10M	-14.70M	-13.10M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	456.98K	461.16K	1.98B	2.44B	3.44B	3.79B	4.32B	5.47B	6.57B	7.35B	8.50B	9.19B
Total current assets	414.15K	418.34K	1.23B	1.33B	1.76B	1.92B	2.21B	2.72B	3.18B	2.96B	3.82B	4.30B
Cash and short term investments	414.15K	416.35K	109.13M	87.84M	121.78M	171.00M	411.90M	859.30M	1.05B	487.90M	1.10B	1.63B
Cash & equivalents	414.15K	416.35K	109.13M	87.84M	121.78M	171.00M	126.00M	108.60M	179.90M	166.80M	203.90M	153.30M
Short term investments	0	0	0	0	0	0	285.90M	750.70M	870.10M	321.10M	900.40M	1.48B
Total receivables, net	—	1.99K	1.06B	1.17B	1.57B	1.72B	1.66B	1.72B	1.97B	2.29B	2.50B	2.47B
Accounts receivable - trade, net	—	—	1.05B	1.13B	1.54B	1.63B	1.66B	1.69B	1.90B	2.11B	2.32B	2.26B
Other receivables	—	—	8.13M	43.26M	25.06M	85.90M	2.60M	20.70M	77.70M	174.40M	184.20M	212.40M
Total inventory	0	0	0	0	0	0	0	0	0	0	0	0
Other current assets, total	0	0	51.78M	47.54M	55.39M	23.80M	130.70M	137.60M	141.40M	170.20M	174.40M	179.30M
Total non-current assets	42.82K	42.82K	756.56M	1.12B	1.68B	1.87B	2.10B	2.74B	3.39B	4.39B	4.69B	4.88B
Long term investments	0	0	0	0	0	12.50M	9.10M	146.70M	10.50M	4.30M	5.20M	52.20M
Note receivable - long term	—	—	—	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	0	0	0	0	0	12.50M	9.10M	146.70M	10.50M	4.30M	5.20M	52.20M
Net property/plant/equipment	0	0	719.85M	1.07B	1.64B	1.82B	2.06B	2.54B	3.23B	4.32B	4.63B	4.78B
Gross property/plant/equipment	—	—	880.60M	1.25B	1.82B	2.05B	2.33B	2.89B	3.66B	4.82B	5.26B	5.51B
Deferred tax assets	—	—	—	—	—	—	—	—	—	—	—	—
Net intangible assets	0	0	20.69M	16.21M	17.57M	15.00M	21.80M	17.70M	30.40M	30.10M	45.50M	44.70M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	20.69M	16.21M	17.57M	15.00M	21.80M	17.70M	30.40M	30.10M	45.50M	44.70M
Other long term assets, total	0	0	16.01M	15.00K	0	0	0	0	0	0	0	0
Short term debt	0	0	402.26M	310.96M	390.02M	75.40M	20.00M	11.10M	7.90M	32.30M	66.00M	51.60M
Current portion of LT debt and capital leases	0	0	4.77M	5.79M	8.41M	11.60M	10.70M	11.00M	7.80M	25.00M	36.40M	51.60M
Short term debt excl. current portion of LT debt	0	0	397.48M	305.17M	381.61M	63.80M	9.30M	100.00K	100.00K	7.30M	29.60M	0
Accounts payable	—	—	231.60M	371.99M	645.93M	723.50M	619.60M	751.90M	737.20M	884.10M	917.20M	944.10M
Income tax payable	—	1.29K	—	91.39M	2.14M	0	—	—	—	—	—	—
Long term debt	0	0	5.80M	5.18M	16.57M	23.00M	20.30M	11.30M	3.30M	38.40M	38.60M	47.00M
Long term debt excl. lease liabilities	0	0	5.80M	5.18M	16.57M	23.00M	20.30M	11.30M	3.30M	38.40M	38.60M	47.00M
Total equity	451.36K	454.25K	1.23B	1.61B	2.07B	2.67B	3.37B	4.34B	5.36B	5.96B	7.04B	7.64B
Shareholders' equity	451.36K	454.25K	1.23B	1.61B	2.07B	2.67B	3.37B	4.34B	5.36B	5.96B	7.04B	7.64B
Common equity, total	451.36K	454.25K	1.23B	1.61B	2.07B	2.67B	3.37B	4.34B	5.36B	5.96B	7.04B	7.64B
Other common equity	0	0	1.15B	1.40B	1.81B	2.31B	2.91B	3.65B	4.65B	5.33B	6.25B	6.84B
Total debt	0	0	408.06M	316.14M	406.60M	98.40M	40.30M	22.40M	11.20M	70.70M	104.60M	98.60M
Net debt	-414.15K	-416.35K	298.93M	228.31M	284.81M	-72.60M	-371.60M	-836.90M	-1.04B	-417.20M	-999.70M	-1.54B
Change in accounts receivable	—	—	-1.05B	-94.57M	-410.72M	-87.60M	-26.30M	-32.00M	-199.50M	-216.40M	-200.70M	60.70M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	231.59M	140.39M	269.92M	76.80M	-104.00M	132.30M	-14.60M	146.90M	32.90M	50.40M
Change in other assets/liabilities	—	—	96.77M	35.24M	182.38M	-57.90M	4.90M	-175.70M	108.00M	-40.20M	-5.90M	-34.80M
Sale of fixed assets & businesses	0	0	0	1.39M	1.88M	900.00K	1.60M	23.10M	4.40M	4.50M	2.80M	207.00M
Purchase/sale of investments, net	0	0	0	0	0	-12.50M	-282.50M	-438.80M	-146.80M	557.60M	-572.70M	-628.10M
Sale/maturity of investments	0	0	0	0	0	0	0	0	—	719.60M	474.30M	3.91B
Purchase of investments	0	0	0	0	0	-12.50M	-282.50M	-438.80M	-146.80M	-162.00M	-1.05B	-4.54B
Other investing cash flow items, total	0	0	-93.73M	-12.32M	-1.74M	-50.60M	-130.90M	0	0	0	0	0
Issuance/retirement of debt, net	0	0	403.29M	-91.92M	90.46M	-308.60M	-59.20M	-19.30M	-10.00M	-2.60M	22.30M	-29.60M
Issuance/retirement of long term debt	0	0	5.80M	391.00K	14.02M	0	0	0	0	0	0	0
Issuance/retirement of short term debt	0	0	397.48M	-92.31M	76.44M	-317.90M	-54.50M	-9.10M	-1.90M	5.20M	20.30M	-29.60M
Issuance/retirement of other debt	—	—	—	—	—	9.30M	-4.70M	-10.20M	-8.10M	-7.80M	2.00M	0
Total cash dividends paid	0	0	0	-36.87M	-129.04M	-133.90M	-212.70M	-76.90M	-307.90M	-307.60M	-306.70M	-307.00M
Other financing cash flow items, total	0	0	1.15B	0	0	0	0	0	0	-104.40M	0	0