Announcement
Submission Of Corrigendum To Public Announcement For Buyback Of Fully Paid-Equity Shares 1 Oct - Corrigendum issued for TCI buyback of 1,562,500 shares at ₹960, up to ₹150 crore.
Source: Bse
Transport Corporation of India Limited (TCI)
Small CapServices stocks · Small cap · NSE
Transport Corporation of India Limited operates in Shipping, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result30 Jul, 08:00 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -1.4% / mo · MACD + · near 52W low
Stock trend: 41
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
TCID candles · FIT view-8.7%Latest close ₹858.65 on 2026-10-19
Bar
-1.8%
RSI
48
MACD hist
0.94
52W pos
14%
2026-10-19O ₹874.00H ₹874.00L ₹853.00C ₹858.65Vol 22,436 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
TCINifty 500
- TCI
- -7.7%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -2.1 pp
Chart stats
19 Oct 2026- From 52W high
- -30.9%
- 52W range position
- 14%
- ATR (14)
- 3.2%
- Volume vs 20D
- 0.06x
- Avg traded value
- ₹31.6 Cr
- 20D price channel
- ₹797 - ₹955
₹1,242
₹797 - ₹1,242
₹27.2
Latest completed session
20-session average
31.6% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED65
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +9.6% · PAT +0.0% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model+45.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence81
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT 0% YoY · margin compression · Rev +10% YoY
Filed 30 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,248 Cr | +9.6% | -5.7% |
| EBITDA | ₹135 Cr | +11.6% | -4.9% |
| Operating margin | 11.0% | +0 bps | +0 bps |
| PAT | ₹107 Cr | +0.0% | -13.7% |
| PAT margin | 8.6% | -82 bps | -80 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.80
- P/B
- 2.63
- EV/EBITDA
- 10.61
- Market Cap
- 6752.00Cr
Profitability
- ROE
- 19.20%
- ROCE
- 19.40%
- ROA
- 13.21%
- Dividend Y
- 1.14%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 24.00%
- Revenue 3Y
- 9.00%
- EPS 3Y
- 12.00%
Balance Sheet
- Debt/Equity
- 0.12
- Interest Coverage
- 22.13×
- Altman Z
- 7.66
- Book Value
- 334.00
Cash Flow
- FCF Yield
- 1.14%
- FCF Positive Y
- 10/5
- OCF
- 444.00 Cr
- EPS TTM
- 59.50
Shareholding
- Promoter Hold
- 68.66%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 18%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 5,026+2.2% vs prev
Net Profit
₹ CrLatest: 460+10.6% vs prev
Return on Equity
%Latest: 3,067+18818.4% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 48. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~1.4% over last month) — short-term momentum negative.
- RSI(14) at 48 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 31% off 52W high · 8% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
33
RS percentile
Stage 4 Downtrend
1M return
+3.5%
3M return
-7.7%
6M return
-10.8%
1Y return
-27.6%
RS 1D
+2
RS 20D
+15
Sector rank
#12
Industry rank
#40
Stage evidence
- Price is 6.4% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.9%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 73.94+0.38%
RS vs Nifty 50074
Valuation & peers
U-Score 65 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 65 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · UNDERVALUEDValuation13/30
Growth17/25
Quality13/20
Balance Sheet11/15
Cash Flow5/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
65
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
65/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 45.6%.
- Balance sheet contributes 11/15 to the score.
Main drags
- Valuation is weaker at 13/30; verify the latest quarterly trend.
- Cash flow is weaker at 5/10; verify the latest quarterly trend.
- Quality is weaker at 13/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
14.8
PB
2.6
EV/EBITDA
10.6
ROE
19.2%
ROCE
19.4%
FCF Yield
1.1%
Debt/Equity
0.1
MoS
+45.6%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
65
Previous: 65
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+45.6%
Previous: +45.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
65
65
65
65
65
65
65
65
65
65
65
65
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹668.69
-28.4% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹1,579.73
+45.6% MoS
PEG
0.77
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
VRLLOG
Small
VRL Logistics Limited
Logistics
match 95
67
18.6
21.7%
+29%
UNDERVALUED
SBC
Small
SBC Exports Limited
Logistics
match 90
35
74.5
37.2%
-186%
WATCHLIST
ORBTEXP
Small
Orbit Exports Limited
Logistics
match 88
60
14.6
11.3%
+40%
UNDERVALUED
SHREEJISPG
Small
Shreeji Shipping Global Limited
Logistics
match 88
46
79.5
29.9%
-213%
FAIR VALUE
TIGERLOGS
Small
Tiger Logistics (India) Limited
Logistics
match 87
50
16.6
14.4%
+39%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Transport Corporation of India Limited operates in Shipping, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
81Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 93rd percentile of the scored universe and 95th percentile within Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
112 docs text-extracted · 32 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
93rd percentile
overall median 67 · Services: 95th pctile, median 66 · Small: 95th pctile, median 66
Evidence depth
Financial-only
112 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 68.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.2%.
- ▸10 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Transport Corporation of India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 1 Oct - CARE reaffirmed TCI’s AA+ long-term rating on ₹300 crore and assigned A1+ on ₹100 crore CP.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Oct - Submission of Corrigendum to Public Announcement for Buyback of fully paid - equity shares
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Sep - Submission of Public Announcement for Buyback of fully paid equity shares
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep - Newspaper Publications of the Notice for proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.