Transport Corporation Of India Ltd - Stock Valuation and Financial Performance

BSE: 532349 | NSE: TCI | Logistics | Small Cap

Transport Corp. Share Price

1,132.15 55.60 5.16%
as on 03-Dec'24 16:59

DeciZen - make an informed investing decision on Transport Corp.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Transport Corporation Of India stock performance -

mw4me loader
P/E Ratio (CD):
21.76
Market Cap:
8,245.7 Cr.
52-wk low:
686.3
52-wk high:
1,250

Is Transport Corporation Of India Ltd an attractive stock to invest in?

1. Is Transport Corporation Of India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Transport Corporation Of India Ltd is a average quality company.

2. Is Transport Corporation Of India Ltd undervalued or overvalued?

The key valuation ratios of Transport Corporation Of India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Transport Corporation Of India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Transport Corporation Of India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Transport Corp.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Transport Corporation Of India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.8%10.5%13.1%16.3%16.9%13.8%13.9%23.4%23%20.5%-
Value Creation
Index
-0.2-0.3-0.10.20.20.00.00.70.70.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,7581,7271,9432,3502,7542,7182,8023,2593,7834,0244,247
Sales YoY Gr.--1.8%12.5%21%17.2%-1.3%3.1%16.3%16.1%6.4%-
Adj EPS 6.97.310.61618.919.520.237.541.245.449.5
YoY Gr.-5.1%45.5%50.8%18.3%3.1%3.5%86%10%10%-
BVPS (₹) 79.475.184.499115.5132.1150.9183.9218.1256.2260.5
Adj Net
Profit
52.455.481.1122145150155290320353379
Cash Flow from Ops. 12510998.8157179243305368361299-
Debt/CF from Ops. 2.63.34.32.82.61.70.90.20.20.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.6%7.9%12.8%6.4%
Adj EPS 23.2%19.2%31%10%
BVPS13.9%17.3%19.3%17.5%
Share Price 15% 33.1% 18.1% 32.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
9.49.313.317.417.515.614.222.320.41919.2
Op. Profit
Mgn %
8.57.58.49.29.18.99.412.611.310.210.1
Net Profit
Mgn %
33.24.25.25.35.55.798.58.98.9
Debt to
Equity
0.50.60.70.60.50.40.2000.10.1
Working Cap
Days
110104908789999583757753
Cash Conv.
Cycle
6563545353585546434639

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.82%

Net Profit is growing at healthy rate in last 3 years 31.04%

Return on Equity has declined versus last 3 years average to 19.10%

Sales growth is not so good in last 4 quarters at 9.17%

Latest Financials - Transport Corporation Of India Ltd.

Standalone Consolidated
TTM EPS (₹) 47.7 49.5
TTM Sales (₹ Cr.) 3,792 4,247
BVPS (₹.) 238.7 260.5
Reserves (₹ Cr.) 1,813 1,980
P/BV 4.51 4.13
PE 22.57 21.76
From the Market
52 Week Low / High (₹) 686.25 / 1249.95
All Time Low / High (₹) 3.40 / 1249.95
Market Cap (₹ Cr.) 8,246
Equity (₹ Cr.) 15.3
Face Value (₹) 2
Industry PE 42.3

Management X-Ray of Transport Corp.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Transport Corp.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1,7581,7271,9432,3502,7542,7182,8023,2593,7834,024
Operating Expenses 1,6091,5981,7812,1332,5042,4772,5412,8483,3593,614
Manufacturing Costs1,1871,2551,4061,6972,0122,0042,1022,3572,7742,938
Material Costs0000000000
Employee Cost 13098107124140157145170197223
Other Costs 292245268312352316294321388452
Operating Profit 148129162216250241261411424411
Operating Profit Margin (%) 8.4%7.5%8.3%9.2%9.1%8.9%9.3%12.6%11.2%10.2%
Other Income 981214202025183046
Interest 29253032373427131013
Depreciation 55525969778293113121128
Exceptional Items 0000-1-10-130-3-2
Profit Before Tax 7472100152179159174330364388
Tax 21151929331624384334
Profit After Tax 545781124145143150293321354
PAT Margin (%) 3.0%3.3%4.2%5.3%5.3%5.3%5.4%9.0%8.5%8.8%
Adjusted EPS (₹)10.811.510.516.118.818.519.137.540.945.1
Dividend Payout Ratio (%)14%13%10%10%10%11%13%16%17%16%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 6155716477588851,0151,1631,4221,6921,992
Share Capital 15151515151515151616
Reserves 6005566317428709991,1481,4071,6761,977
Minority Interest3445569273033
Debt2843153803954143692354146122
Long Term Debt78981431511861481092340102
Short Term Debt20621623624422822112619620
Trade Payables87633660676494977666
Others Liabilities 148105163180244230238239257288
Total Liabilities 1,1371,0581,2291,3981,6161,6831,7391,8272,1012,501

Fixed Assets

Gross Block8215846257729521,0861,2271,3181,3511,540
Accumulated Depreciation2995283146226314419517560679
Net Fixed Assets521532542626727772807801791862
CWIP 71257564225726109
Investments 77687104117135150193286543
Inventories22335778511
Trade Receivables435325358425515487511508561601
Cash Equivalents 421119141626407418596
Others Assets123100165169232235219235247281
Total Assets 1,1371,0581,2291,3981,6161,6831,7391,8272,1012,501

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 12510999157179243305368361299
PBT 114116100152179159174330364388
Adjustment 837487991111021151038849
Changes in Working Capital -45-50-64-58-762311-16-72-98
Tax Paid -28-32-25-37-34-415-49-19-39
Cash Flow From Investing Activity -121-101-122-131-158-135-107-76-193-404
Capex -136-98-114-151-126-132-122-71-153-242
Net Investments 10-2-16-1-2-18-80-237
Others 15-3-721-37-216124076
Cash Flow From Financing Activity -4-1232-30-24-104-176-258-6618
Net Proceeds from Shares 62230124344
Net Proceeds from Borrowing 3622471147-44-47-1081373
Interest Paid -33-25-30-32-38-34-26-10-7-9
Dividend Paid -14-18-9-12-14-15-10-41-55-55
Others -557213-21-13-98-102-215
Net Cash Flow -1-48-4-332134102-87
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.969.6513.3417.6317.6915.0713.8122.6520.5919.24
ROCE (%)11.8310.4513.0716.2816.8513.7913.9123.3622.9620.49
Asset Turnover Ratio1.641.571.71.791.831.651.641.831.931.75
PAT to CFO Conversion(x)2.311.911.221.271.231.72.031.261.120.84
Working Capital Days
Receivable Days85806461626765575253
Inventory Days0000111111
Payable Days0000000000

Transport Corporation Of India Ltd Stock News

Transport Corporation Of India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Transport Corp. on 03-Dec-2024 16:59 is ₹1,132.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Dec-2024 16:59 the market cap of Transport Corp. stood at ₹8,245.7.
The latest P/E ratio of Transport Corp. as of 03-Dec-2024 16:59 is 22.57.
The latest P/B ratio of Transport Corp. as of 03-Dec-2024 16:59 is 4.51.
The 52-week high of Transport Corp. is ₹1,250 and the 52-week low is ₹686.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Transport Corp. is ₹3,792 ( Cr.) .

About Transport Corporation Of India Ltd

Transport Corporation of India Limited (now known as TCIL) was incorporated in 1958, Transport Corporation of India is India's leading integrated supply chain and logistics solutions provider and a pioneer in the sphere of cargo transportation in India. Leveraging on its extensive infrastructure, strong foundation and skilled manpower, TCI offers seamless multimodal transportation solutions. An ISO 9001:2000 company, TCIL is listed with premier stock exchanges like NSE and BSE.

TCIL is the flagship company of TCI Group and provides full truck load and less than full truck load transportation to a network of over 3000 destinations in India.

TCI moves 2.5% of India’s GDP by value and is the proclaimed market leader of the Indian Logistics Industry. TCI has grown into an organization with workforce of 6500 and a turnover of Rs 1450 crore.

The TCI group has extensive network of over 1200 company owned offices, a huge fleet of customized vehicles and managed warehouse space of 7.5 million sq ft. With its customer-centric approach, world class resources, state-of-the-art technology and professional management, the group follows strong corporate governance principles and is committed to value creation for its stake holders and its social responsibilities.

Other group companies are- TCI Freight,, TCI XPS, TCI Supply Chain Solutions, TCI Global, TCI Seaways, Transystem.

TCI Foundation is the social arm of Transport Corporation of India Limited (TCIL). Incorporated in 1958, TCI Foundation was registered as a with the objective of bringing about socio-economic transformation in India.

Services offered by the company:

TCI's range of services encompasses the entire gamut of supply chain services from the point of origin to the final end customer. TCI has been continuously introducing new and innovative services. From multi-modal transportation (road, rail, air, sea) to express delivery solutions, from freight forwarding and customs clearances to warehouse management services, each of the services are linked under a single Customer Relationship management system for maximum benefit to clients.

Awards & Achievements

  • TCI SCS, the supply chain and logistics consultancy division of Transport Corporation of India (TCI), India’s leading integrated logistics solutions provider, was awarded the “Best 3PL” (Third Party logistics service provider) for the year at the Express Logistics and Supply chain (ELSC) conclave 2008.
  • The company has bagged the prestigious Express, Logistics & Supply Chain Conclave Award for “Best 3PL of the Year”. The Awards were part of the Express, Logistics & Supply Chain Conclave held in September 2007.
  • TCI, bagged the prestigious CII Award for Supply Chain Excellence for Excellence in Supply Chain Design, Re-engineering & Delivering value to customers.
  • TCI Foundation the Corporate Social wing of TCI received the Pegasus Silver Corporate Social Responibility Award 2007. This was in recognition of the work being done under TCIF's Project Kavach which aimed at awareness and prevention of HIV / AIDS amongest the high risk trucking community
  • 2010
    Infinite Logistics Solutions Private Limited(ILSPL) has formed a joint venture between TCI and CONCOR for bulk multimodal logistics solutions by rail and road.
    The 6th Social and Corporate Governance Award 2010 for Best Corporate Social Responsibility Practice, BSE
  • 2012
    TCI’s Receive Best Logistics Provider of the Year 2012 Indian Institute of Materials Management (IIMM) Kolkatta
    Best 3 PL Company of the Year, 2000-2012, ELSCC
    Best Logistics Provider of the Year 2012, IIM Kolkata
  • 2013
    Road Transporter of the Year 2013, Indian Supply Chain and Logistics Summit
    The Fleet Owner of the Year 2013 Automotive, Mahindra Transport Excellence Award

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