Press Release on the Audited Financial Results for the Quarter 4/FY 2025-26
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 28 May 2026, 09:46 AM IST · BSE ID: 469fbf82-2e1b-4ef9-91c1-6cbc660c5ec7
View Original BSE Filing (PDF)
💡
In Simple Terms
TCI Express reported increased revenue and profit for both the last quarter and the full year, maintaining a debt-free status.
🤖 AI Summary
- Q4 FY26 revenue from operations was ₹3.27 billion, compared to ₹3.08 billion in Q4 FY225.
- Profit After Tax (PAT) for Q4 FY26 stood at ₹0.21 billion, with a PAT margin of 6.3%.
- Full FY26 revenue from operations reached ₹12.36 billion, against ₹12.08 billion in FY25.
- FY26 PAT was ₹0.90 billion, resulting in a PAT margin of 7.2% for the full fiscal year.
- TCI Express handled over one million tonnes of cargo and crossed the ₹10 billion balance sheet milestone during FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Q4 FY26 Revenue from operations
₹3.27 billion
6.17%
Q4 FY25 Revenue from operations
₹3.08 billion
Q4 FY26 EBITDA
₹0.37 billion
8.82%
Q4 FY25 EBITDA
₹0.34 billion
Q4 FY26 EBITDA margin
11.3%
Q4 FY26 PAT
₹0.21 billion
FY26 Revenue from operations
₹12.36 billion
2.39%
FY25 Revenue from operations
₹12.08 billion
FY26 EBITDA
₹1.46 billion
2.10%
FY25 EBITDA
₹1.43 billion
FY26 Cargo Handled
Over one million tonnes
FY26 Balance Sheet Milestone
Crossed ₹10 billion
🏢 How This Affects the Company
The company's cargo handling exceeded one million tonnes in FY26, indicating continued operational scale and customer engagement across multimodal logistics segments. Network expansion and technology integration supported steady business momentum and growth across key industrial sectors.
TCI Express achieved ₹3.27 billion in revenue for Q4 FY26 and ₹12.36 billion for FY26, while maintaining stable EBITDA and PAT margins through cost management. The company crossed the ₹10 billion balance sheet milestone and remained debt-free, reflecting financial strength.
Operational footprint expanded with new branch additions, and the Nagpur sorting center was upgraded to enhance handling capacity and processing efficiency. Investments in technology and ERP systems aim to improve shipment tracking and customer experience.
Management noted challenging operating conditions due to geopolitical tensions, elevated airline ATF prices, rising labor costs, and temporary disruptions from voter-related SIR activities. The diversified multimodal network helped deliver resilient performance against these factors.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results announcement.
👤
Who Is Affected
All shareholders are affected as these results provide an update on the company's financial health and operational performance for Q4 and the full fiscal year ended March 31, 2026.
🔍
Management Signal
Management's focus on network expansion, technology integration, cost management, and maintaining a debt-free balance sheet indicates a strategy for resilient performance and long-term growth in multimodal logistics.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor revenue growth and margin stability.
Updates on further branch network expansion and sorting center upgrades.
Management commentary on geopolitical impacts and fuel price trends in future calls.
MEDIUM RISK
Operational challenges from geopolitical tensions, elevated fuel costs, and rising labor costs may persist.
💡 Investor Takeaway
TCI Express reported Q4 FY26 revenue from operations of ₹3.27 billion, a 6.17% increase from ₹3.08 billion in Q4 FY25. Full FY26 revenue was ₹12.36 billion, up 2.39% from ₹12.08 billion in FY25. The company maintained a debt-free balance sheet and handled over one million tonnes of cargo in FY26.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased by 6.17% to ₹3.27 billion in Q4 FY26 from ₹3.08 billion in Q4 FY25.
- Company maintained a debt-free balance sheet and crossed the ₹10 billion balance sheet milestone during FY26.
⚠️ Concerns
- EBITDA margin for Q4 FY26 was 11.3%, slightly lower than the full FY26 EBITDA margin of 11.7%.
- PAT margin for Q4 FY26 was 6.3%, lower than the full FY26 PAT margin of 7.2%.
❓ Frequently Asked Questions
What was TCI Express Ltd's revenue from operations in Q4 FY2026?
TCI Express Ltd. reported revenue from operations of ₹3.27 billion in Q4 FY2026, compared to ₹3.08 billion in Q4 FY2025.
What was the Profit After Tax (PAT) for TCI Express Ltd. in Q4 FY2026?
The Profit After Tax (PAT) for TCI Express Ltd. in Q4 FY2026 was ₹0.21 billion, with a PAT margin of 6.3%.
What was TCI Express Ltd's total revenue for the full financial year 2026?
For the full financial year 2026, TCI Express Ltd. recorded a total revenue from operations of ₹12.36 billion, compared to ₹12.08 billion in FY2025.
Did TCI Express Ltd. maintain a debt-free balance sheet in FY2026?
Yes, TCI Express Ltd. maintained its debt-free balance sheet and also crossed the ₹10 billion balance sheet milestone during FY2026.
What was the cargo volume handled by TCI Express Ltd. in FY2026?
TCI Express Ltd. handled more than one million tonnes of cargo during the financial year 2026.
Questions based on this BSE filing only. For information purposes.