TCI Express Limited — Investor Meet, 04-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

TCI Express reported Q4 FY26 revenue of INR 327 Cr (+6% YoY) and full-year revenue of INR 1,236 Cr (+2%). Q4 PAT stood at INR 21 Cr, with full-year PAT at INR 90 Cr (7.2% margin). The company crossed the INR 1,000 Cr balance sheet milestone and handled over 1 million tons of cargo.

Management highlighted challenging operating conditions due to geopolitical tensions, elevated fuel prices, and increased labor costs, but confirmed fuel price hikes are being passed on. They project FY27 revenue growth of 15%+ and volume growth of 10%+, aiming for 100-150 basis points EBITDA margin improvement. Multimodal logistics, which grew 20% in FY26, and network expansion, including 100 new branches, are key focus areas. The company maintains a debt-free balance sheet and strong cash flows. Sentiment is cautiously optimistic about future growth and margin recovery.