Investor Presentation

TCI Express reported a strong Q3 FY26, with total income at 317 Cr (+6.1% YoY) and profit after tax (PAT) at 23 Cr (+10.6% YoY). Growth was broad-based, with C2C Express surging 32%, International Air Express 28%, Rail Express 24%, Domestic Air Express 14%, and Surface Express growing 3%. The company's strategy focuses on expanding wallet share from existing clients, cross-selling its diverse services, and growing in key sectors like Defence, Solar, and EV.

An asset-light model underpins its operations, with ongoing investments in automation and network reach.

Recent developments include adding 5 new branches, launching a dedicated E-Commerce hub in Delhi, and commencing USA operations for Air Cargo Consolidation.

The company also strengthened airline connections from major hubs and joined JC Trans as a premium member.

Key financials for Q3 include an EBITDA of 37 Cr (11.6% margin), PAT of 23 Cr (7.2% margin), and EPS of INR 6.0. An interim dividend of INR 7 per share was declared, with capacity utilization at 83.25% and a debt-free balance sheet.

Management emphasizes disciplined execution, operational quality, and tech-led initiatives for long-term growth.

The outlook includes continued investment in infrastructure, digital platforms, and expanding into emerging sectors.