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Transport Corporation of India Ltd. announces Results for the FY ending 31st March, 2023 India’s leading integrated supply chain and logistics solutions  provider, Transport Corporation of India Ltd., announced its financial results today for the 4th Quarter and year ending 31st March, 2023. Standalone Performance Highlights: FY2023 vs. FY2022  * Revenue from operations of Rs. 3492 Crores, growth of 18.96% y-o-y * EBITDA of Rs. 468 Crores compared to Rs. 422 Crores in FY2022 * PAT of Rs. 304 Crores compared to Rs. 267 Crores in FY2022 and ...
Transport Corporation of India Ltd. announces Results for the FY ending 31st March, 2023
Transport Corporation of India Ltd. announces Results for the FY ending 31st March, 2023
Source: PR Agency
24/05/2023 5:59:47 PM
Industry experts present a list of the key highlights from the budget for 2023 - 2024 1. Mr Vinod Nair, Global VP of Sales and General Manager Noventiq India: In recent budgets, India’s government has shown itself to be both imaginative and effective when it comes to deploying policies and incentives which will continue to attract innovators and incentivise them to draw on India’s spectacular talent pools. Of course, these have mostly been life-support measures to help those companies which took a hit during the COVID-19 pandemic, but, this year, we can e...
Industry experts present a list of the key highlights from the budget for 2023 - 2024
Industry experts present a list of the key highlights from the budget for 2023 - 2024
Source: PR Agency
2/02/2023 12:22:29 PM
Buy Transport Corporation of India For Target Rs.810 By Motilal Oswal On a strong footing led by integrated multimodal Logistics * TRPC’s established presence across the multimodal Logistics value chain (Road, Rail, 3PL, and Water logistics) enables it to offer efficient end-to-end Logistics solutions, cater to a larger addressable market, and makes it the preferred choice for customers looking for complete solutions. These offerings have allowed it to sail through some challenging times. We believe TRPC is very well placed to capitalize on the growth ...
Buy Transport Corporation of India For Target Rs.810 By Motilal Oswal
Buy Transport Corporation of India For Target Rs.810 By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd.
30/12/2022 12:35:07 PM
Buy Transport Corporation of India For Target Rs.860 By Motilal Oswal Weak performance in Seaways impacts overall margin Outlook robust for the Freight and Supply Chain business * TRPC reported an in line revenue of ~INR9.3b in 2QFY23 (up 13% YoY). The same in the Freight/Supply Chain division grew 14%/26% YoY. However, the high margin Seaways segment reported a decline of ~8% YoY. * EBITDA margin fell 240bp YoY to 10.3% (est. 12.2%). The Seaways division recorded a contraction in EBIT margin, which fell to 24.5% in 2QFY23 (v/s 35.8% in 2QFY22). Lower ...
Buy Transport Corporation of India For Target Rs.860 By Motilal Oswal
Buy Transport Corporation of India For Target Rs.860 By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
21/12/2022 12:13:40 PM
Buy Transport Corporation of India Ltd For Target Rs. 920 - Anand Rathi Share and Stock Brokers * TCI reported good set of numbers for the quarter under review with revenue from operations increasing by 13.0% year-on-year to 9,321 million on a consolidated basis. The Freight division reported a revenue growth of 16.3% YoY driven by high volumes and stable freight rates; Supply Chain division reported a revenue growth of 27.0% YoY driven by growth in automobile transportation; Seaways division reported a decline in revenue growth due to slow demand amid monsoon, dry-docking & lower i...
Buy Transport Corporation of India Ltd For Target Rs. 920 - Anand Rathi Share and Stock Brokers
Buy Transport Corporation of India Ltd For Target Rs. 920 - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Share and Stock Brokers Ltd
10/11/2022 2:17:20 PM
Buy Transport Corporation of India Ltd For Target Rs.920 - Anand Rathi Share and Stock Brokers * Transport Corporation of India (TCI) is India’s leading integrated multimodal logistics and supply chain solutions provider. With expertise spanning over six decades and infrastructure comprising an extensive network of 1400+ company owned offices, 13 million sq. ft. of warehousing space, a strong team of 6000+ trained employees and a strong foundation, TCI group has expanded boundaries to offers seamless multimodal transportation solutions in both Indian and International markets ...
Buy Transport Corporation of India Ltd For Target Rs.920 - Anand Rathi Share and Stock Brokers
Buy Transport Corporation of India Ltd For Target Rs.920 - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Share and Stock Brokers
19/09/2022 5:12:47 PM
Buy Transport Corporation of India For Target Rs.860 By Motilal Oswal Focus on providing multimodal Logistics solutions to aid growth * TRPC offers integrated Logistics solutions through its three business divisions: TCI Freight, TCI Supply Chain, and TCI Seaways. It also has a JV with CONCOR, where it provides rail transport solutions. Its presence across segments helped it cater to a larger market and provide customized valueadded solution services as against mere transportation or warehousing. * It has a fleet of more than 12,000 trucks, six cargo ship...
Buy Transport Corporation of India For Target Rs.860 By Motilal Oswal
Buy Transport Corporation of India For Target Rs.860 By Motilal Oswal
Source: Motilal Oswal Financial Services
24/08/2022 11:53:25 AM
Buy Transport Corporation of India For Target Rs.880 By Motilal Oswal Well placed with multi-modal Logistics capabilities * TCI has developed robust capabilities in multimodal Logistics via its presence across major transportation modes. The company has well-diversified service offerings from Road freight, integrated Supply Chain solutions, Sea freight, to a JV with CONCOR for Rail freight. * These capabilities would be a key enabler for consistent growth in volumes and earnings for TCI over the next few years. With an improving share of the Seaways segm...
Buy Transport Corporation of India For Target Rs.880 By Motilal Oswal
Buy Transport Corporation of India For Target Rs.880 By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
14/04/2022 10:07:35 AM
Buy Transport Corporation of India Ltd For Target Rs.857 - SKP Securities Company Background Transport Corporation of India Limited (TCI), promoted by Mr. D.P. Agarwal & family, managed under the leadership of Mr. D.P. Agarwal, Chairman and Mr. Vineet Agarwal, Managing Director is India’s leading integrated multimodal logistics service provider. The Company offers services like handling and movement of cargo, end-to-end supply chain management and coastal shipping through its three business verticals namely TCI Freight, TCI Supply Chain Services (TCI S...
Buy Transport Corporation of India Ltd For Target Rs.857 - SKP Securities
Buy Transport Corporation of India Ltd For Target Rs.857 - SKP Securities
Source: SKP Securities Ltd
9/02/2022 11:08:36 AM
Transport Corp announces 2nd interim dividend, net profits up 94% YoY in Q3FY22 The integrated supply chain and logistics solutions provider, Transport Corporation of India (TCI) has announced the second interim dividend of Rs 2 per share for its investors. Besides, the logistics service provider reported a 94 per cent rise in its net profits at Rs 78 crore during Q3FY22. In the same period last fiscal, the net profits were Rs 40 crore. EBITDA during the quarter increased to Rs 114 crore, up 36 per cent compared to Rs 84 crore during the year ago period, the compan...
Transport Corp announces 2nd interim dividend, net profits up 94% YoY in Q3FY22
Transport Corp announces 2nd interim dividend, net profits up 94% YoY in Q3FY22
Source: IANS
29/01/2022 12:20:47 PM
Hold Transport Corporation of India Ltd For Target Rs.700 - ICICI Direct Exceptional performance from seaways lifts Q2… About the stock: TCI is a leading provider of integrated multimodal logistics and supply chain solutions. The company has over six decades of experience and moves nearly 2.5% of India's GDP by value. * TCI has 9000+ trucks in operation, six owned coastal ships, 12 million square feet warehousing space, 900 offices * In FY21, freight formed 52% of revenues while SCM and coastal shipping contributed 34% and 14%, respectively ...
Hold Transport Corporation of India Ltd For Target Rs.700 - ICICI Direct
Hold Transport Corporation of India Ltd For Target Rs.700 - ICICI Direct
Source: ICICI Direct
8/12/2021 10:03:35 AM
Investment Idea - Buy Transport Corporation of India Ltd For Target Rs.790 - Motilal Oswal Unique business model with multimodal capabilities to drive performance * We released our Logistics thematic report recently, wherein we stressed upon the Logistics sector moving towards formalization. We noted that this would provide strong growth opportunities for some of the established players, such as Transport Corporation (TCI). The share price of TCI has been up ~45% since our initiation, and we believe there is more steam left. * The unique multimodal capabilities of TCI would d...
Investment Idea - Buy Transport Corporation of India Ltd For Target Rs.790 - Motilal Oswal
Investment Idea - Buy Transport Corporation of India Ltd For Target Rs.790 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2/12/2021 10:29:00 AM
Buy Transport Corporation of India Ltd For Target Rs.770 - SKP Securities Company Background Transport Corporation of India Limited (TCI), promoted by Mr. D.P. Agarwal & family, managed under the leadership of Mr. D.P. Agarwal, Chairman and Mr. Vineet Agarwal, Managing Director is India’s leading integrated multimodal logistics service provider. The Company offers services like handling and movement of cargo, end-to-end supply chain management and coastal shipping through its three business verticals namely TCI Freight, TCI Supply Chain Services (TCI ...
Buy Transport Corporation of India Ltd For Target Rs.770 - SKP Securities
Buy Transport Corporation of India Ltd For Target Rs.770 - SKP Securities
Source: SKP Securities Ltd
2/11/2021 12:11:18 PM
Buy Transport Corporation of India Ltd For Target Rs.520 - ICICI Direct All-time high margins lift profitability… About the stock: TCI is a leading provider of integrated multimodal logistics and supply chain solutions. The company has six+ decades of experience and moves nearly 2.5% of India's GDP by value * TCI has 9000+ trucks in operation, six owned coastal ships, 12 million square feet warehousing space, 900 offices * In FY21, freight formed 52% of revenues while SCM and coastal shipping contributed 34% and 14%, respectively.   ...
Buy Transport Corporation of India Ltd For Target Rs.520 - ICICI Direct
Buy Transport Corporation of India Ltd For Target Rs.520 - ICICI Direct
Source: ICICI Direct
10/09/2021 12:14:04 PM
Buy Transport Corporation of India Ltd For Target Rs.560 - SKP Securities Company Background Transport Corporation of India Limited (TCI), promoted by Mr. D.P. Agarwal, Chairman and Mr. Vineet Agarwal, Managing Director is India’s leading integrated multimodal logistics service provider. The Company offers services like handling and movement of cargo, end-to-end supply chain management and coastal shipping through its three business verticals namely TCI Freight, TCI Supply Chain Services (TCI SCS) and TCI Seaways with extensive network of Company owned off...
Buy Transport Corporation of India Ltd For Target Rs.560 - SKP Securities
Buy Transport Corporation of India Ltd For Target Rs.560 - SKP Securities
Source: SKP Securities Ltd
10/08/2021 11:12:30 AM
Buy Transport Corporation of India Ltd For Target Rs. 490 - ICICI Direct Margins continue to expand… TCI reported a strong set of Q4FY21 numbers. Revenues grew a strong 27% YoY (11% QoQ) to | 797 crore. Seaways segment reported strong growth both sequentially (up 25%) and YoY (up 24%), followed by the freight division (up 18% QoQ, 20% YoY) and SCM division (flat QoQ, up 41% YoY, due to low base in Q4FY20). EBITDA margins expanded 147 bps YoY to 10.7%, mainly due to a combination of higher gross margins (19.5% vs. 19% in Q4FY20), lower employee to sales r...
Buy Transport Corporation of India Ltd For Target Rs. 490 - ICICI Direct
Buy Transport Corporation of India Ltd For Target Rs. 490 - ICICI Direct
Source: ICICI Direct
23/06/2021 10:36:10 AM
Buy Transport Corporation Ltd For Target Rs.462 - Yes Securities Result Highlights * Transport Corporation 34.7% yoy growth in revenues to Rs.8.9 bn. The freight division revenues came in at Rs.4.8 bn, up by 32.0% yoy with EBIT margin at 4.0%. The supply chain solution reported revenues of Rs.3.0 bn (+42.0% yoy) with EBIT margin of 6.9%. The seaways division for the quarter reported revenue of Rs.1.3 bn (+24.4% yoy) with EBIT margin of 23.5% * Overall the MSME sector did well during the quarter which helped improve volumes. The Company witnessed pent...
Buy Transport Corporation Ltd For Target Rs.462 - Yes Securities
Buy Transport Corporation Ltd For Target Rs.462 - Yes Securities
Source: Yes Securities Ltd
27/05/2021 9:25:01 AM
Transport Corporation of India Q4 net profit jumps 68.99% at Rs 52.86 cr The company reported standalone net profit of Rs 52.86 crore for the quarter ended March 31, 2021 as compared to Rs 31.28 crore in the same period last year, registering a year-on-year growth of 68.99 per cent. Net revenue of the company rose substantially by 27.32 per cent at Rs 796.64 crore in January-March quarter of this fiscal as against Rs 625.68 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 25.26 per cent to Rs 711.08 cror...
Transport Corporation of India Q4 net profit jumps 68.99% at Rs 52.86 cr
Transport Corporation of India Q4 net profit jumps 68.99% at Rs 52.86 cr
Source: Dion Global Solutions Ltd
26/05/2021 11:07:43 AM
Buy Transport Corporation of India Ltd For Target Rs.329 - Yes Securities Robust outlook ‐ BUY Conference call takeaways * TCI Freight business: Revenue grew by 11% yoy on consolidated basis to Rs 4.1 bn. EBIT grew by 36% yoy to Rs.173 mn while EBIT margin stood at 4.2% vs 3.4% yoy/3.3% qoq. The company was able to ramp up operations to 85‐90% amid increased movement of goods pent up demand and restocking due to festive season. The margins improved on the back of better cost management. Freight rates have increased due to fuel hikes and they have ...
Buy Transport Corporation of India Ltd For Target Rs.329 - Yes Securities
Buy Transport Corporation of India Ltd For Target Rs.329 - Yes Securities
Source: Yes Securities Ltd
8/02/2021 10:21:40 AM
TCI Q3 net profit up 24.65% at Rs 40.05 cr The company reported standalone net profit of Rs 40.05 crore for the quarter ended December 31, 2020 as compared to Rs 32.13 crore in the same period last year, registering a year-on-year growth of 24.65 per cent. Net revenue of the company rose moderately by 10.48 per cent at Rs 715.19 crore in October-December quarter of this fiscal as against Rs 647.34 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 9.43 per cent to Rs 639.76...
TCI Q3 net profit up 24.65% at Rs 40.05 cr
TCI Q3 net profit up 24.65% at Rs 40.05 cr
Source: Dion Global Solutions Ltd
4/02/2021 10:42:45 AM