Tejas Cargo India Limited — Investor Meet, 21-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Tejas Cargo India posted strong H1 FY26 results: total income rose 20% to Rs. 306 Cr, EBITDA 5% to Rs. 48 Cr, and net profit surged 44% to Rs. 13 Cr. Fleet expanded to 1,231 vehicles, achieving ~82% utilization and a 10% jump in revenue per trip. Diversification into steel, cement, mining, and new car carrier segments (serving major OEMs like TVS, Hyundai, Toyota) is fueling growth. In-house ERP and AI-enabled fleet tech cut accidents by 60% and theft by 80%. Management sees a positive H2, planning 40-50 more vehicles and new logistics ventures, targeting sustainable ~18-18.5% EBITDA margins via a hybrid fleet approach.