TCI Express (NSE:TCIEXP) Interest Coverage: 18.37 (As of Mar. 2026) — 81% Below Median


NSE:TCIEXP TCI Express Ltd NSE:TCIEXP
72 GF Score
Price ₹515.55
GF Value ₹905.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is TCI Express Interest Coverage?

TCI Express NSE:TCIEXP -3.34% 72 Interest Coverage is 18.37 as of Mar. 2026, which is 81% below its 10-year median of 98.75. GuruFocus rates NSE:TCIEXP with a GF Score™ of 72/100 and a GF Value™ of ₹905.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 838 Transportation companies, TCI Express ranks better than 86.99% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. TCI Express's Operating Income for the three months ended in Mar. 2026 was ₹222 Mil. TCI Express's Interest Expense for the three months ended in Mar. 2026 was ₹-12 Mil. TCI Express's interest coverage for the quarter that ended in Mar. 2026 was 18.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for TCI Express's Interest Coverage or its related term are showing as below:

NSE:TCIEXP' s Interest Coverage Range Over the Past 10 Years
Min: 27.22   Med: 98.75   Max: 428.7
Current: 46.09


NSE:TCIEXP's Interest Coverage is ranked better than
86.99% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs NSE:TCIEXP: 46.09

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


TCI Express  (NSE:TCIEXP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


TCI Express Interest Coverage Related Terms


TCI Express Interest Coverage Historical Data

* Premium members only.

The historical data trend for TCI Express's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

TCI Express Interest Coverage Chart

TCI Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342.63 118.84 144.03 78.66 46.72

TCI Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 43.28 87.65 73.92 85.29 18.37

NSE:TCIEXP vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, TCI Express's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, TCI Express's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TCI Express's Interest Coverage falls into.


NSE:TCIEXP
72GF Score
TCI Express Ltd NSE:TCIEXP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCI Express Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

TCI Express's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, TCI Express's Interest Expense was ₹-21 Mil. Its Operating Income was ₹995 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹516 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*995.1/-21.3
=46.72

TCI Express's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, TCI Express's Interest Expense was ₹-12 Mil. Its Operating Income was ₹222 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹516 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*222.3/-12.1
=18.37

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 18.37 mean?
TCI Express (NSE:TCIEXP) has a Interest Coverage of 18.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TCI Express and its competitors. This is 81% below median its historical median of 98.75. Over the past decade, TCI Express' Interest Coverage has ranged from 27.22 to 428.70. According to the industry distribution chart, TCI Express ranks #109 out of 838 companies in the Transportation industry, placing it in the top 13%.
Is TCI Express' Interest Coverage too high?
TCI Express' current Interest Coverage of 18.37 is 81% below median its 10-year median of 98.75. Over the past 10 years, this metric has ranged from a low of 27.22 to a high of 428.70. The Transportation industry median Interest Coverage is 5.72. TCI Express' value of 18.37 is 221.2% above this industry median. Based on the distribution chart, TCI Express ranks #109 out of 838 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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' Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, TCI Express ranks #109 out of 838 companies for Interest Coverage. This places TCI Express in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.72. TCI Express' value of 18.37 is 221.2% above this benchmark. Historically, TCI Express' own Interest Coverage has ranged from 27.22 to 428.70 over the past decade. While the company's 10-year median is 98.75 vs. the industry median of 5.72, TCI Express has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TCI Express's current Interest Coverage of 18.37 is 221.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TCI Express and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCI Express's current Interest Coverage is 18.37, which is 81% below median its own 10-year median of 98.75. 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 ₹905.51, compared to a current price of ₹515.55 — trading 43.1% below its estimated fair value. The current Interest Coverage is 18.37, which is 81% below median its 10-year median of 98.75 and 221.2% above the Transportation industry median of 5.72. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For TCI Express (NSE:TCIEXP), the current Interest Coverage is 18.37 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 ₹515.55 is trading 43.1% below its estimated GF Value™ of ₹905.51. GuruFocus considers TCI Express to be Possible Value Trap.

Key valuation signals for NSE:TCIEXP:

  • Interest Coverage: 18.37 (81% below median its 10-year median of 98.75)
  • GF Value™: ₹905.51 vs. price of ₹515.55 (43.1% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 221.2% above the Transportation median (#109 of 838)

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

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

₹515.55
Price
₹905.51
GF Value