TCI Express Limited — PPTs, 30-05-2025: Investor Presentation

**Financial Highlights:**

TCI Express posted total income of Rs. 313.1 Cr for the quarter and Rs. 1,221.1 Cr for the year, showing a slight decline year-on-year. EBITDA was Rs. 33.7 Cr (10.8% margin) quarterly and Rs. 143.0 Cr (11.7% margin) annually. Profit after tax stood at Rs. 20.7 Cr (6.6% margin) for the quarter and Rs. 90.8 Cr (7.4% margin) for the year. Capacity utilization remained healthy at 82.5%. The balance sheet reflects a net cash position of Rs. 160.2 Cr, zero debt, and total equity of Rs. 769.3 Cr. Strong working capital management delivered Rs. 117.5 Cr cash flow from operations despite inflationary pressures.

**Strategic Initiatives & Growth Drivers:**

Focus remains on expanding Rail Express, Domestic & International Air Express, Pharma Cold Chain, and C2C Express verticals. Planned capex of Rs. 36.8 Cr in FY25 supports branch expansion, sorting center automation, and IT upgrades. AI-powered cross-belt sorters have cut sorting times by 40%, with further rollouts underway. Sustainability efforts include solar power supplying 23% of electricity needs and investments in green logistics.

**Business Developments:**

Added 25 new branches each in Rail and Domestic Air Express, and 10 in Surface segment. Rail Express launched temperature-sensitive shipments catering to specialized sectors. Direct delivery services now operate in metro cities to strengthen air express coverage. Customer base reached 2.25 lakh with 60,000+ delivery locations. Service quality maintained via 24x7 operations, Sunday/holiday pickups, and GPS-AI enabled real-time tracking.

**Market Position & Competitive Advantage:**

Asset-light, franchise-free model with owned branches ensures operational control. The 5,500+ fully containerized fleet and AI-driven automation enable a cost-efficient, time-definite delivery network strong in Tier II/III cities. India’s fastest B2B express logistics player, with a diversified portfolio including pharma cold chain and international air services. Maintains industry-leading margin profile and recognized for sustainability and workplace excellence.

**Investor Implications:**

Multimodal, tech-enabled expansion provides positive growth potential despite inflationary cost pressures. Debt-free status, Rs. 8 per share dividend, and strong cash flows highlight financial stability. Execution risks include managing rising costs and flat volume growth in key sectors like automobile. Continued automation, network growth, and sustainability initiatives position TCI Express to benefit from evolving logistics demand and infrastructure development. Investors should watch margin trends and volume recovery in FY26.