ResultsIQ

ResultsIQ › Latest results › TCI Express Limited

TCI Express Limited Q1 FY26 earnings call summary

NSE: TCIEXP · BSE: 540212

Earnings call of 14 Aug 2025, summarised by AI from the filing.

EBITDA margin improved to 11.5% from 10.5% in Q4 FY25 despite revenue decline.

Key takeaways

  1. Margin change EBITDA margin improved to 11.5% from 10.5% in Q4 FY25 despite revenue decline.
  2. Growth driver Multimodal services (Air, Rail, C2C) growing faster; Air International revenue up 33.25% Y-o-Y.
  3. Main risk Under-utilized new multimodal network and team costs pressuring margins until volumes ramp up.

Original filing on BSE

TCI Express Limited Q1 FY27 results

As filed: Revenue ₹313 cr (+9% year on year), EBITDA ₹31.4 cr (+16% year on year), PAT ₹20.5 cr (+8% year on year), EBITDA margin 10.0% (+62 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q4 FY26: Revenue ₹328 cr (+7% year on year), EBITDA ₹31.5 cr (+21% year on year), PAT ₹16.0 cr (−5% year on year), EBITDA margin 9.6% (+114 bps). Score 71 of 100, Above trend. Revenue and EBITDA growth were well above the company's own trend; profit before exceptional items growth was in line with it. EBITDA margin rose 114 bps year on year. Profit fell 16% from last quarter. Share price after the results: +4.5% in 29 days (Nifty 500: +0.6%).
  • Q3 FY26: Revenue ₹314 cr (+6% year on year), EBITDA ₹32.5 cr (+16% year on year), PAT ₹22.0 cr (+16% year on year), EBITDA margin 10.3% (+88 bps). Score 80 of 100, Above trend. Revenue, EBITDA and profit growth were well above the company's own trend. EBITDA margin rose 88 bps year on year. Profit fell 8% from last quarter. Share price after the results: +5.6% in 30 days (Nifty 500: −0.6%).
  • Q2 FY26: Revenue ₹309 cr (−1% year on year), EBITDA ₹33.0 cr (−11% year on year), PAT ₹24.0 cr (−4% year on year), EBITDA margin 10.7% (−118 bps). Score 46 of 100, In line with trend. Revenue growth was in line with the company's own trend; EBITDA growth was well below it; profit growth was below it. EBITDA margin fell 118 bps year on year. Share price after the results: −16.5% in 29 days (Nifty 500: +0.7%).
  • Q1 FY26: Revenue ₹287 cr (−2% year on year), EBITDA ₹27.0 cr (−18% year on year), PAT ₹19.0 cr (−14% year on year), EBITDA margin 9.4% (−186 bps). Score 36 of 100, Below trend. Revenue growth was below the company's own trend; EBITDA and profit growth were well below it. EBITDA margin fell 186 bps year on year. Revenue fell 7% from last quarter. Share price after the results: +4.0% in 29 days (Nifty 500: +2.2%).
  • Q4 FY25: Revenue ₹307 cr (−3% year on year), EBITDA ₹26.0 cr (−42% year on year), PAT ₹19.0 cr (−41% year on year), EBITDA margin 8.5% (−573 bps). Score 15 of 100, Below trend. Revenue growth was below the company's own trend; EBITDA and profit growth were well below it. EBITDA margin fell 573 bps year on year. Share price after the results: +1.8% in 28 days (Nifty 500: +3.6%).
  • Q3 FY25: Revenue ₹296 cr (−5% year on year), EBITDA ₹28.0 cr (−38% year on year), PAT ₹19.0 cr (−41% year on year), EBITDA margin 9.5% (−496 bps). Score 10 of 100, Below trend. EBITDA margin fell 496 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 5% from last quarter.
  • Q2 FY25: Revenue ₹312 cr (−3% year on year), EBITDA ₹37.0 cr (−26% year on year), PAT ₹25.0 cr (−31% year on year), EBITDA margin 11.9% (−377 bps). Score 14 of 100, Below trend. EBITDA margin fell 377 bps year on year. Not enough history for a trend yet: scored on growth alone.

Past price moves after results do not indicate future moves. Not a recommendation.

TCI Express Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.