| Management target | Revenue 12.0% FY27 |
|---|
| Revenue growth | 14.8% YoY consolidated growth, price and volume driven. |
|---|---|
| Margins | Seaways margins moderating toward 30-35%; Freight division in rebuilding phase. |
| Order book | Strong contracts in Quick Commerce and heavy engineering sectors. |
| Demand visibility | Strong pipeline in Supply Chain; automotive demand showing slight exhaustion. |
| Management confidence | Balanced; optimistic on long-term capacity but cautious on fuel costs. |
Growth
Consolidated revenue grew 14.8% YoY; growth was partially price-led due to fuel/freight rate increases.
Outlook
Management guides for 10-12% revenue and profit growth for the full year FY27.
Risks
Fuel price volatility impacting Seaways margins and potential slowdown in entry-level automotive demand.
Last quarter's promises, checked
Delivered
- Consolidated FY27 rev guide 10-12% → Q 14.8% YoY (= BEAT)
- Seaways EBITDA guide 25-30% (Q2) → margin 30-35% (= BEAT)
Partly delivered
- Freight rev guide 10-12% → 12%, top of band; profit uplift unquantified (= PARTIAL)
- FY27 capex guide Rs 550-600 Cr → Rs 600 Cr plan reiterated, spend not yet reported (= PARTIAL)
Missed
- Supply chain top-line guide 12-15% → 10% (= MISS)
- 1st new ship due Sep-end → 500 TEU 'TCI Setu' Nov (= MISS)
Earnings Call Transcript filed with BSE, NSE: TCI. Summary written with AI assistance from the document.
Transport Corporation of India Ltd: key numbers
- Share price
- ₹877.95
- Market cap
- ₹6,745 Cr
- Revenue (annual)
- ₹4,917 Cr
- Net profit (annual)
- ₹456.2 Cr
- P/E (TTM)
- 14.7×Sector 28.1×
- Promoter holding
- 68.66%+0.00% QoQ
- FII holding
- 3.04%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Transport Corporation of India Ltd
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Transport Corporation of India Acquisition Worth ₹178.8 Cr
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