TCI ExpressNSE:TCIEXP -0.66%72 Pretax Margin % is 6.86% as of Mar. 2026, which is 38% below its 10-year median of 11.14. 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. Among 997 Transportation companies, TCI Express ranks better than 57.17% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TCI Express's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹225 Mil. TCI Express's Revenue for the
three
months ended in Mar. 2026 was ₹3,281 Mil. Therefore, TCI Express's pretax margin for the quarter that ended in Mar. 2026 was 6.86%.
The historical rank and industry rank for TCI Express's Pretax Margin % or its related term are showing as below:
NSE:TCIEXP'
s Pretax Margin % Range Over the Past 10 Years
Min: 7.53 Med: 11.14 Max: 15.91
Current: 8.92
NSE:TCIEXP's Pretax Margin % is ranked better than 57.17% of 997
companies
in the Transportation industry
Industry Median: 6.77
vs NSE:TCIEXP: 8.92
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
TCI Express Pretax Margin % Related Terms
TCI Express Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TCI Express's Pretax Margin % 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.
NSE:TCIEXP vs UPS, FDX, JBHT: Pretax Margin % Comparison
For the Integrated Freight & Logistics subindustry, TCI Express's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, TCI Express's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TCI Express's Pretax Margin % falls into.
* 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 (NSE:TCIEXP) has a Pretax Margin % of 6.86% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TCI Express and its competitors. This is 38% below median its historical median of 11.14. Over the past decade, TCI Express' Pretax Margin % has ranged from 7.53 to 15.91. According to the industry distribution chart, TCI Express ranks #427 out of 997 companies in the Transportation industry, placing it in the top 42.8%.
Is TCI Express' Pretax Margin % too high?
TCI Express' current Pretax Margin % of 6.86% is 38% below median its 10-year median of 11.14. Over the past 10 years, this metric has ranged from a low of 7.53 to a high of 15.91. The Transportation industry median Pretax Margin % is 6.77. TCI Express' value of 6.86% is 1.3% above this industry median. Based on the distribution chart, TCI Express ranks #427 out of 997 companies in the Transportation industry, which is above the industry midpoint. 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' Pretax Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, TCI Express ranks #427 out of 997 companies for Pretax Margin %. This puts TCI Express in the upper half of its industry. The industry median Pretax Margin % is 6.77. TCI Express' value of 6.86% is 1.3% above this benchmark. Historically, TCI Express' own Pretax Margin % has ranged from 7.53 to 15.91 over the past decade. While the company's 10-year median is 11.14 vs. the industry median of 6.77, 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 Pretax Margin % for a Transportation company?
The median Pretax Margin % among Transportation companies is 6.77, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TCI Express's current Pretax Margin % of 6.86% is 1.3% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TCI Express and its competitors. For the Transportation industry, the median Pretax Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCI Express's current Pretax Margin % is 6.86%, which is 38% below median its own 10-year median of 11.14. 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 Pretax Margin % is 6.86%, which is 38% below median its 10-year median of 11.14 and 1.3% above the Transportation industry median of 6.77. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For TCI Express (NSE:TCIEXP), the current Pretax Margin % is 6.86% 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:
Pretax Margin %: 6.86% (38% below median its 10-year median of 11.14)
GF Value™: ₹910.98 vs. price of ₹509.05 (44.1% below fair value)
Industry Position: 1.3% above the Transportation median (#427 of 997)
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 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
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