Transport Corporation of India Limited

NSE: TCI · Unclassified

₹861.45-1.38%06 Nov 2026

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Instant answers about Transport Corporation of India Limited — computed from its filings, no language model

Market cap₹6,633 cr

Current price₹861.45

High / Low₹1,205 / ₹807

P/E19.2

P/B2.38

Book value₹362.4

ROE12.4%

ROCE14.2%

Debt / equity0.13

Dividend yield1.05%

EPS (TTM)₹44.91

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,718	2,802	3,257	3,783	4,024	4,492	4,917
EBITDA	241	261	409	424	410	461	517
Operating margin	8.9%	9.3%	12.6%	11.2%	10.2%	10.3%	10.5%
Interest	34	27	13	10	13	20	23
Depreciation	82	93	113	121	128	118	127
Profit before tax	134	154	303	320	312	370	415
Tax	16	24	38	43	34	43	40
Net profit	142	147	290	317	351	412	460
EPS ₹	18.54	19.12	37.50	40.96	45.18	53.43	59.49
Operating cash flow	—	—	368	361	299	359	444
Capex	—	—	76	156	243	354	414
Dividend paid	—	—	41	54	55	77	70
Total assets	—	—	—	2,101	2,501	2,780	3,482
Equity	—	—	—	1,702	2,004	2,155	2,566

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	659	685	706	668	406	697	807	893	696	825	838	898	903	932	967	979	950	994	1,002	1,079	1,045	1,121	1,147	1,179	1,139	1,205	1,249	1,324	1,248	1,388
Operating profit	58	59	65	59	31	62	80	89	76	105	109	119	104	96	114	108	101	100	100	109	104	117	118	122	121	127	127	142	135	144
Operating margin	8.9%	8.6%	9.2%	8.8%	7.5%	8.9%	9.9%	9.9%	10.9%	12.7%	13.0%	13.3%	11.5%	10.3%	11.8%	11.0%	10.6%	10.1%	10.0%	10.1%	9.9%	10.4%	10.3%	10.3%	10.6%	10.5%	10.2%	10.8%	10.8%	10.4%
Other income	4	4	6	7	3	7	5	11	4	3	5	8	5	7	7	12	8	11	10	16	11	11	7	18	11	12	12	12	6	10
Interest	9	8	9	8	7	7	6	6	5	3	3	2	2	3	3	2	2	3	4	4	4	5	6	6	5	6	6	6	7	7
Depreciation	20	20	21	21	21	21	23	28	25	26	26	37	29	30	31	31	31	31	33	33	29	29	30	29	29	30	32	36	36	39
Profit before tax	33	24	40	36	6	41	44	63	50	78	86	88	78	71	87	83	76	77	73	86	82	94	89	105	98	103	101	113	98	108
Tax	7	-5	8	6	1	8	7	8	6	10	11	11	9	12	11	11	10	10	11	3	11	11	9	12	11	12	8	8	10	13
Net profit	34	38	34	36	4	37	42	65	47	75	82	85	78	72	87	81	82	87	79	102	91	106	101	114	106	113	115	124	107	0
EPS ₹	4.47	4.94	4.40	4.69	0.53	4.75	5.43	8.40	6.08	9.77	10.61	11.06	10.05	9.34	11.08	10.52	10.61	11.21	10.23	13.15	11.70	13.68	13.04	14.80	13.90	14.69	14.96	16.12	13.77	15.08
Revenue YoY	—	—	—	—	-38.5%	1.8%	14.3%	33.7%	71.6%	18.4%	3.8%	0.6%	29.7%	13.0%	15.4%	9.1%	5.2%	6.6%	3.7%	10.2%	10.0%	12.8%	14.5%	9.3%	9.0%	7.5%	8.9%	12.3%	9.6%	15.2%
Profit YoY	—	—	—	—	-88.1%	-3.7%	22.9%	79.2%	1048.8%	106.0%	95.8%	32.2%	65.9%	-4.1%	5.7%	-4.6%	5.9%	20.3%	-8.3%	25.3%	10.6%	22.3%	27.1%	11.9%	17.0%	5.8%	13.7%	9.0%	0.1%	-100.0%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Transport Corporation of India Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,302	1,452	1,759	1,829	1,952	2,028	2,197	2,258	1,806	2,178	2,556
Operating profit	97	111	137	146	146	150	171	182	158	208	242
Operating margin	7.4%	7.7%	7.8%	8.0%	7.5%	7.4%	7.8%	8.1%	8.8%	9.6%	9.5%
Other income	—	3	1	3	4	5	12	12	16	25	29
Interest	24	20	25	33	32	30	32	28	27	30	36
Depreciation	26	27	32	38	42	42	49	54	58	67	75
Profit before tax	45	65	80	74	76	83	101	112	89	132	160
Tax	17	22	29	22	24	21	25	27	18	28	33
Net profit	28	43	51	52	52	62	76	85	70	104	128

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	297	310	328	315	339	322	327	311	357	381	402	394	442	444	479	416	453	464	496	457	470	492	532	478	499	515	536	520	557	555	566	548	556	551	602	427	450	447	482	497	520	555	605	582	620	662	692
Operating profit	19	16	23	20	19	23	35	23	29	28	32	29	35	34	39	34	37	36	38	37	35	34	40	34	33	38	46	41	42	42	47	41	44	44	53	38	43	38	39	45	50	53	60	51	53	60	77
Operating margin	6.3%	5.1%	7.1%	6.2%	5.6%	7.0%	10.9%	7.2%	8.0%	7.2%	8.1%	7.3%	8.0%	7.5%	8.2%	8.3%	8.1%	7.7%	7.7%	8.1%	7.4%	7.0%	7.5%	7.0%	6.6%	7.3%	8.6%	7.8%	7.5%	7.6%	8.3%	7.5%	7.9%	8.0%	8.8%	8.9%	9.6%	8.4%	8.2%	9.1%	9.6%	9.5%	10.0%	8.8%	8.6%	9.1%	11.1%
Other income	1	2	1	2	0	—	-0	2	0	0	0	0	0	1	-0	0	0	3	0	1	1	-0	2	4	1	0	0	0	6	2	4	4	6	-0	2	2	2	5	6	1	7	7	9	8	8	8	5
Interest	4	4	4	6	5	8	6	5	5	4	5	5	6	7	7	7	9	9	8	9	8	8	7	7	8	8	7	8	8	9	7	7	7	7	7	7	7	7	6	8	7	8	7	7	9	10	9
Depreciation	7	7	0	6	6	6	7	6	6	7	7	7	8	9	9	9	9	9	11	10	10	11	11	10	10	11	11	12	12	12	13	13	13	13	15	14	14	15	15	16	18	18	16	17	19	20	19
Profit before tax	8	6	20	10	8	9	19	12	16	17	20	17	21	18	23	19	19	19	17	20	17	16	23	20	15	19	29	22	27	22	30	26	30	24	32	19	25	21	25	22	32	34	43	36	33	38	54
Tax	3	4	4	4	3	3	7	4	5	5	8	5	6	7	10	5	6	6	5	7	4	4	9	6	2	5	8	6	6	5	8	7	7	5	8	4	5	4	6	5	7	6	10	8	7	8	10
Net profit	5	2	16	6	6	6	11	8	11	12	13	12	14	12	13	13	14	14	11	14	13	11	14	14	13	14	21	16	21	17	22	19	23	19	24	15	20	17	19	18	26	28	33	28	26	30	44
EPS ₹	0.66	0.31	2.16	0.81	0.77	0.78	1.54	1.09	1.48	1.62	1.74	1.68	2.00	1.63	1.76	1.85	1.89	1.84	1.52	1.87	1.80	1.56	1.90	1.92	1.80	1.97	2.82	2.19	2.91	—	—	—	—	—	—	—	—	2.21	2.42	2.30	3.34	3.64	4.27	3.68	3.37	3.91	5.69
Revenue YoY	—	—	—	—	14.0%	4.0%	-0.5%	-1.2%	5.5%	18.4%	23.1%	26.5%	23.8%	16.6%	19.1%	5.6%	2.5%	4.5%	3.5%	10.0%	3.8%	6.0%	7.3%	4.4%	6.2%	4.7%	0.8%	8.9%	11.5%	7.8%	5.5%	5.4%	-0.1%	-0.6%	6.5%	-22.0%	-19.0%	-19.0%	-20.0%	16.2%	15.5%	24.3%	25.7%	17.0%	19.2%	19.3%	14.3%
Profit YoY	—	—	—	—	16.0%	149.1%	-28.4%	34.8%	92.3%	107.9%	12.0%	54.3%	35.0%	0.2%	1.7%	10.3%	-5.1%	14.1%	-12.5%	1.0%	-4.4%	-16.0%	24.4%	3.2%	-0.4%	26.9%	48.0%	14.1%	63.3%	18.7%	4.8%	17.4%	9.0%	10.7%	12.0%	-19.5%	-15.3%	-10.5%	-23.1%	16.7%	29.5%	65.1%	76.2%	60.0%	1.3%	7.3%	33.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	20.2%	20.5%	18.7%	19.0%	18.1%	17.8%	17.5%	17.9%	19.0%	20.1%	19.1%	19.9%	18.2%	18.7%	17.9%	17.9%	12.4%
ROCE	—	—	—	—	—	—	—	—	—	—	20.1%	20.2%	18.7%	18.6%	16.9%	16.2%	15.1%	15.4%	16.2%	17.0%	16.9%	17.7%	16.3%	16.8%	15.7%	15.8%	14.2%
Net margin	5.2%	4.6%	4.5%	4.6%	5.3%	6.1%	7.1%	8.3%	8.9%	9.3%	8.9%	8.7%	8.4%	8.4%	8.7%	8.4%	8.7%	8.7%	8.9%	9.1%	9.2%	9.3%	9.3%	9.4%	9.3%	9.1%	6.6%
EBITDA margin	8.9%	8.6%	8.7%	9.0%	9.3%	9.9%	10.8%	11.6%	12.6%	12.6%	12.0%	11.7%	11.2%	11.0%	10.9%	10.4%	10.2%	10.0%	10.1%	10.2%	10.3%	10.4%	10.4%	10.4%	10.5%	10.6%	10.5%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.05	0.05	0.04	0.04	0.06	0.06	0.08	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.09	0.09	0.13
Interest coverage	4.90	4.22	4.88	5.37	6.77	9.27	12.57	17.69	24.60	32.70	34.35	34.39	33.55	33.39	31.38	27.77	24.47	21.89	21.38	19.64	19.31	19.06	18.41	19.11	19.21	18.03	17.31
Asset turnover	—	—	—	—	—	—	—	—	—	—	1.78	1.85	1.80	1.82	1.68	1.69	1.61	1.65	1.62	1.68	1.62	1.65	1.52	1.55	1.41	1.44	1.33

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	16	16	16	16	15	15	15	15	15
Other equity / reserves	1,557	1,686	1,845	1,988	1,982	2,139	2,375	2,551	2,775
Total equity	1,572	1,702	1,860	2,004	1,997	2,155	2,391	2,566	2,790
Borrowings	80	63	116	157	170	155	172	219	356
Current liabilities	303	268	266	284	392	365	424	598	782
Non-current liabilities	97	101	160	180	191	224	226	279	313
Total assets	2,000	2,101	2,318	2,501	2,614	2,780	3,078	3,482	3,926
Property, plant & equipment	718	718	758	761	776	823	950	1,042	1,162
Capital work-in-progress	22	26	61	109	140	255	268	343	532
Investments	231	88	450	543	501	411	492	487	412
Inventories	11	5	10	11	11	7	5	15	10
Receivables	526	561	560	601	670	722	711	816	841
Cash & equivalents	86	170	52	83	43	51	64	93	108

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	368	361	299	359	444
Cash from investing	-76	-193	-404	-99	-367
Cash from financing	-258	-65	18	-292	-35
Capex	76	156	243	354	414
Free cash flow	292	205	57	5	31
Dividends paid	41	54	55	77	70

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹1,162 cr30%

CWIP

₹532 cr14%

Investments

₹412 cr10%

Inventories

₹10 cr0%

Receivables

₹841 cr21%

Cash & equivalents

₹108 cr3%

Other assets

₹860 cr22%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Transport Corporation of India Limited	6,633	861.45	19.2	2.38	12.4%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-2.7%

6 months-12.1%

1 year-29.8%

3Y CAGR-0.7%

5Y CAGR+2.0%

10Y CAGR+16.5%

50-day avg₹862.48

200-day avg₹935.82

RSI (14)49

FAQs

What is the share price of Transport Corporation of India Limited?

Transport Corporation of India Limited (TCI) closed at ₹861.45 on NSE on 06 Nov 2026.

What is the market cap of Transport Corporation of India Limited?

₹6,633 crore at the latest close.

What is the P/E ratio of Transport Corporation of India Limited?

19.2, on trailing-twelve-month earnings from its filings.

How fast is Transport Corporation of India Limited growing?

Transport Corporation of India Limited: revenue has compounded at 9.1% a year over three years; net profit at 13.2% a year. Latest-quarter revenue is up 15.2% year on year, profit down 100.0%.

How profitable is Transport Corporation of India Limited?

On a trailing-twelve-month basis return on equity is 12.4%, return on capital employed 14.2%, operating margin 10.5%, net margin 6.6%.

How much debt does Transport Corporation of India Limited have?

Transport Corporation of India Limited is lightly geared: debt to equity is 0.13 with borrowings of ₹356 cr against cash of ₹108 cr (balance sheet of 2026-09-30). Operating profit covers interest 17.3 times.

Financials parsed from Transport Corporation of India Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.