Transport Corp of India Ltd (NSE:TCI)

Q2 2026 Transport Corporation of India Ltd Earnings Call Transcript

Oct 30, 2025 / 10:30 AM GMT

Release Date Price: ₹1204.7 (-1.87%)

Transcript

Key Points

Positve

Transport Corp of India Ltd (BOM:532349) recorded its 21st consecutive quarter of growth, showcasing consistent performance.
The supply chain business has become the largest segment, achieving record numbers due to increased demand from the automotive and FMCG sectors.
The company has successfully implemented multi-modal logistics solutions, including container rail and coastal services, reducing carbon emissions and improving cost efficiency for clients.
There has been a significant increase in rail movements, with over 1,400 rake movements in the last half-year, indicating strong operational capabilities.
The company has invested in technology, with its center of excellence working on AI and ML projects to improve manpower productivity and process efficiency.

Negative

The freight business remains weak with no growth, and margins have yet to improve significantly.
Challenges persist in the MSME sector, affecting overall growth prospects.
The company faced a decline in voyages due to ships being under dry dock, impacting revenue growth in the sea segment.
There is increased competition in the container transportation business from players like Adani and DP World, which could pressure margins.
The cold chain business, despite growth, has muted profitability, and margins in the supply chain segment have been steadily declining.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TCIL.NS - Transport Corporation of India Ltd
Q2 2026 Transport Corporation of India Ltd Earnings Call
Oct 30, 2025 / 10:30AM GMT

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Presentation
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Unidentified_1 [1]
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Good evening, ladies and gentlemen. I'm Simran the moor, and I'd like to extend a warm welcome to everyone joining us for the Transport Corporation of India Limited, H1F 526 earning conference call.

On behalf of the management, we have with us Mr. Ashish, Mr. Vireet Awal, managing director, and Mr. Ashish Dewari, Group CFO.

All participants are in listen-only mode. Please note that this call is being recorded.

With now I invite Mr. Ashish Shiwari to begin with opening remarks.

Thank you and over to you, sir.

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Unidentified_2 [2]
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