TCI Express Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TCIEXP, BSE:540212 TCI Express Ltd.

TCI Express Ltd.

06 Nov 2018

745.75

-0.38%

TCI Express

Buy: TCI Express Ltd.

Target

ICICI Securities Limited

EBITDA margins increased 135 bps to 11% mainly due to lower than estimated operating expense to sales ratio (74.1% vs. 75.2% in Q2FY18). Robust revenue growth coupled with margin expansion resulted in absolute EBITDA growth of 38% YoY to | 27 crore Reported PAT grew 25% YoY to | 16 crore, in line with I-direct...

TCI Express Ltd. has an average target of 924.25 from 4 brokers.

TCI Express Ltd.

29 May 2018

745.75

-0.38%

TCI Express

Buy: TCI Express Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues grew 23% YoY to | 249 crore (I-direct estimate: | 233 crore) Decline in operating expenses to sales ratio to the extent of 256 bps mainly led to resultant EBITDA margins expansion by 220 bps YoY to 11.4% (I-direct estimate: 10.5%). Robust revenue growth coupled with margin expansion resulted in absolute EBITDA growth of 53% YoY to | 28 crore (I-direct estimate: | 25 crore Reported PAT grew 50% YoY to | 18 crore (I-direct estimate: | 16...

TCI Express Ltd. has an average target of 924.25 from 4 brokers.

TCI Express Ltd.

01 Mar 2018

745.75

-0.38%

TCI Express Ltd

Buy: TCI Express Ltd.

Rudra Shares and Stock Brokers Ltd

Transport Corporation of India Ltd (TCI) is one of the largest integrated players in the organized logistics industry, providing Freight, supply chain, warehousing solutions and shipping services. It offers logistics solutions for B2B and B2C clients. Hero Motocorp, Maruti Suzuki India, Dr Reddy's Laboratories, BHEL, Cummins India, ITC, Bata India, Flipkart, Snapdeal are some of the key clients of TCI Express. TCI Express Ltd has laid out plans for ` 400 crore expansion over the next five years to modernize its existing 28 sorting centres across the country and scale up the IT network . The investment, funded through internal accruals, will scale up the company's revenues to ` 4,000 crore in the next five years from the ` 754 crore in 2016-17 . Post expansion, the company looks at about 20 million square feet of space at its sorting centres against the current 100,000-125,000 sqft....

TCI Express Ltd. has lost -38.60% in the last 1 Year

TCI Express Ltd.

06 Feb 2018

745.75

-0.38%

TCI Express

Buy: TCI Express Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues grew by 22% YoY (up 12% QoQ) to | 229 crore. The management believes that the robust growth was on the back of...