TCI Express (NSE:TCIEXP) EBIT: ₹1,125 Mil (TTM As of Mar. 2026)


NSE:TCIEXP TCI Express Ltd NSE:TCIEXP
77 GF Score
Price ₹533.35
GF Value ₹907.75
Valuation Possible Value Trap
! 7 Warning Signs
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What is TCI Express EBIT?

TCI Express NSE:TCIEXP -13.37% 77 EBIT is ₹1,125 Mil as of Mar. 2026. GuruFocus rates NSE:TCIEXP with a GF Score™ of 77/100 and a GF Value™ of ₹907.75 (Possible Value Trap). The stock has 7 warning signs investors should review.

TCI Express's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹237 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,125 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TCI Express's annualized ROC % for the quarter that ended in Mar. 2026 was 8.12%. TCI Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TCI Express's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.77%.


TCI Express  (NSE:TCIEXP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

TCI Express's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=889.2 * ( 1 - 28.79% )/( (0 + 7798)/ 1 )
=633.19932/7798
=8.12 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

TCI Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=948.8/( ( (0 + max(0, 0)) + (5738.4 + max(1332.5, 0)) )/ 1 )
=948.8/( ( 0 + 7070.9 )/ 1 )
=948.8/7070.9
=13.42 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2386.5 + 0 + 178.4) - (813.6 + 0 + 418.8)
=1332.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

TCI Express's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1125.3/19505.657
=5.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TCI Express EBIT Related Terms


TCI Express EBIT Historical Data

* Premium members only.

The historical data trend for TCI Express's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TCI Express EBIT Chart

TCI Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,725.00 1,860.60 1,751.40 1,164.90 1,124.90

TCI Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 264.70 265.50 323.30 299.30 237.20

NSE:TCIEXP vs FDX, UPS, JBHT: EBIT Comparison

For the Integrated Freight & Logistics subindustry, TCI Express's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TCI Express EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, TCI Express's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TCI Express's EV-to-EBIT falls into.


NSE:TCIEXP
77GF Score
TCI Express Ltd NSE:TCIEXP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TCI Express EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,125 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹1,125 Mil mean?
TCI Express (NSE:TCIEXP) has a EBIT of ₹1,125 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TCI Express.
Is TCI Express' EBIT too high?
TCI Express' current EBIT is ₹1,125 Mil. Overall, TCI Express has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCI Express' EBIT compare to FDX and UPS?
TCI Express' EBIT of ₹1,125 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TCI Express. TCI Express's current EBIT is ₹1,125 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Express stock overvalued right now?
Based on GuruFocus' analysis, TCI Express (NSE:TCIEXP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹907.75, compared to a current price of ₹533.35 — trading 41.2% below its estimated fair value. The current EBIT is ₹1,125 Mil. TCI Express' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For TCI Express (NSE:TCIEXP), the current EBIT is ₹1,125 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TCI Express (NSE:TCIEXP) Overvalued in 2026?

Based on GuruFocus' analysis, TCI Express stock appears to be undervalued. The current stock price of ₹533.35 is trading 41.2% below its estimated GF Value™ of ₹907.75. GuruFocus considers TCI Express to be Possible Value Trap.

Key valuation signals for NSE:TCIEXP:

  • EBIT: ₹1,125 Mil
  • GF Value™: ₹907.75 vs. price of ₹533.35 (41.2% below fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the NSE:TCIEXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCI Express Business Description

Other Exchanges 540212:India
Address Sector 32, TCI House, Plot No. 84, 69 Institutional Area, Gurugram, HR, IND, 122001
TCI Express Ltd is a courier service company. The company provides surface express, domestic air express, international air express, e-commerce express, and others. It serves industries such as automobiles, retail, telecom, pharmaceuticals, and e-commerce. The company's only reportable segment being Express Cargo.
77GF Score

Get the complete analysis for NSE:TCIEXP

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹533.35
Price
₹907.75
GF Value