TCI Express (NSE:TCIEXP) Goodwill: ₹3 Mil (As of Mar. 2026)


NSE:TCIEXP TCI Express Ltd NSE:TCIEXP
72 GF Score
Price ₹509.05
GF Value ₹910.98
Valuation Possible Value Trap
! 7 Warning Signs
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What is TCI Express Goodwill?

TCI Express NSE:TCIEXP -0.66% 72 Goodwill is ₹3 Mil as of Mar. 2026. GuruFocus rates NSE:TCIEXP with a GF Score™ of 72/100 and a GF Value™ of ₹910.98 (Possible Value Trap). The stock has 7 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. TCI Express's goodwill for the quarter that ended in Mar. 2026 was ₹3 Mil.


TCI Express  (NSE:TCIEXP) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

TCI Express's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=2.7/10247.5
=0.00

TCI Express's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=2.7/10247.5
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


TCI Express Goodwill Related Terms


TCI Express Goodwill Historical Data

* Premium members only.

The historical data trend for TCI Express's Goodwill 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 Goodwill Chart

TCI Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.70

TCI Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 0.00 0.00 0.00 0.00 2.70
NSE:TCIEXP
72GF Score
TCI Express Ltd NSE:TCIEXP
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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TCI Express Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of ₹3 Mil mean?
TCI Express (NSE:TCIEXP) has a Goodwill of ₹3 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on TCI Express and its competitors.
Is TCI Express' Goodwill too high?
TCI Express' current Goodwill is ₹3 Mil. Overall, TCI Express has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCI Express' Goodwill compare to UPS and FDX?
TCI Express' Goodwill of ₹3 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 Goodwill for a Transportation company?
A good Goodwill depends on the Transportation industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on TCI Express and its competitors. TCI Express's current Goodwill is ₹3 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 ₹910.98, compared to a current price of ₹509.05 — trading 44.1% below its estimated fair value. The current Goodwill is ₹3 Mil. TCI Express' overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For TCI Express (NSE:TCIEXP), the current Goodwill is ₹3 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 ₹509.05 is trading 44.1% below its estimated GF Value™ of ₹910.98. GuruFocus considers TCI Express to be Possible Value Trap.

Key valuation signals for NSE:TCIEXP:

  • Goodwill: ₹3 Mil
  • GF Value™: ₹910.98 vs. price of ₹509.05 (44.1% below fair value)
  • GF Score™: 72/100 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.
72GF Score

Get the complete analysis for NSE:TCIEXP

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

₹509.05
Price
₹910.98
GF Value