TCI Express Limited filed its audited financial results for Q4 and FY ended March 31, 2026 under SEBI Regulation 30. The press release was dated May 27, 2026 and submitted to BSE and NSE on May 28, 2026.

Financial Performance Q4 FY2026 vs Q4 FY2025

  • Revenue from operations: ₹3.27 billion (compared to ₹3.08 billion in Q4 FY2025)
  • EBITDA: ₹0.37 billion (compared to ₹0.34 billion in Q4 FY2025)
  • EBITDA margin: 11.3%
  • PAT: ₹0.21 billion
  • PAT margin: 6.3%

Financial Performance FY2026 vs FY2025

  • Revenue from operations: ₹12.36 billion (compared to ₹12.08 billion in FY2025)
  • EBITDA: ₹1.46 billion (compared to ₹1.43 billion in FY2025)
  • EBITDA margin: 11.7%
  • PAT: ₹0.90 billion
  • PAT margin: 7.2%

Operational Milestones

  • Handled more than one million tonnes of cargo during FY2026
  • Crossed ₹10 billion balance sheet milestone
  • Maintained debt-free balance sheet throughout the year

Business Segment Performance Q4 FY2026

  • Rail Express: 35% growth driven by corridor expansion and rail-based cargo adoption
  • C2C Express: 21% growth supported by Express Full Trucking movement and customer additions
  • Domestic Air Express: 18% YoY growth supported by expanded airport connectivity and pharmaceutical/temperature-sensitive cargo
  • International Air Express: Expanded global reach through partnerships and JC Trans membership

Infrastructure and Network Expansion

  • Expanded branch network across key regions
  • Upgraded Nagpur sorting center with enhanced handling capacity and improved processing efficiency
  • Continued investment in technology, ERP systems, and digital visibility tools
  • Introduced Money Back Guarantee (MBG) services across Surface, Rail and Air shipments

Management Commentary

Mr. Chander Agarwal, Managing Director, noted that despite challenges from geopolitical tensions in West Asia, elevated airline ATF prices, rising labor costs, and temporary voter-related SIR disruptions, the company maintained stable margins through strong execution and network optimization. Key growth sectors included pharmaceuticals, automotive, engineering, renewable energy, and SME-led shipments.

Future Priorities

  • Strengthening multimodal logistics capabilities
  • Expanding technology-enabled operations
  • Infrastructure expansion
  • Scaling rail-led logistics solutions
  • Increasing automation
  • Specialized cargo movement
  • B2C network development