Transport of India (NSE:TCI) ROCE %: 19.17% (As of Mar. 2026)


NSE:TCI Transport Corp of India Ltd NSE:TCI
86 GF Score
Price ₹928.65
GF Value ₹1,161.53
Valuation Modestly Undervalued
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What is Transport of India ROCE %?

Transport of India NSE:TCI -0.46% 86 ROCE % is 19.17% as of Mar. 2026. GuruFocus rates NSE:TCI with a GF Score™ of 86/100 and a GF Value™ of ₹1,161.53 (Modestly Undervalued).

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Transport of India's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.17%.

Transport of India  (NSE:TCI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Transport of India ROCE % Related Terms

Transport of India ROCE % Historical Data

* Premium members only.

The historical data trend for Transport of India's ROCE % 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.

Transport of India ROCE % Chart

Transport of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.79 22.09 19.75 20.71 19.73

Transport of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 21.98 20.41 19.88 19.50 19.17
NSE:TCI
86GF Score
Transport Corp of India Ltd NSE:TCI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Transport of India ROCE % Calculation

Transport of India's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=5227/( ( (27796.49 - 3648.04) + (34818 - 5976) )/ 2 )
=5227/( (24148.45+28842)/ 2 )
=5227/26495.225
=19.73 %

Transport of India's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=5528/( ( (0 - 0) + (34818 - 5976) )/ 1 )
=5528/( ( 0 + 28842 )/ 1 )
=5528/28842
=19.17 %

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

* 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 ROCE % →
What does a ROCE % of 19.17% mean?
Transport of India (NSE:TCI) has a ROCE % of 19.17% as of Mar. 2026.
Is Transport of India's ROCE % too high?
Transport of India's current ROCE % is 19.17%. The Transportation industry median ROCE % is 7.74. Transport of India's value of 19.17% is 147.7% above this industry median. Overall, Transport of India has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transport of India's ROCE % compare to FDX and UPS?
Transport of India's ROCE % of 19.17% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Transport of India's value of 19.17% is 147.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transport of India's current ROCE % of 19.17% is 147.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transport of India's current ROCE % is 19.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transport of India stock overvalued right now?
Based on GuruFocus' analysis, Transport of India (NSE:TCI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,161.53, compared to a current price of ₹928.65 — trading 20% below its estimated fair value. The current ROCE % is 19.17% and 147.7% above the Transportation industry median of 7.74. Transport of India's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Transport of India (NSE:TCI), the current ROCE % is 19.17% 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 Transport of India (NSE:TCI) Overvalued in 2026?

Based on GuruFocus' analysis, Transport of India stock appears to be undervalued. The current stock price of ₹928.65 is trading 20% below its estimated GF Value™ of ₹1,161.53. GuruFocus considers Transport of India to be Modestly Undervalued.

Key valuation signals for NSE:TCI:

  • ROCE %: 19.17%
  • GF Value™: ₹1,161.53 vs. price of ₹928.65 (20% below fair value)
  • GF Score™: 86/100
  • Industry Position: 147.7% above the Transportation median

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

Transport of India Business Description

Other Exchanges 532349:India
Address TCI House, 69 Institutional Area, Sector-32, Gurugram, HR, IND, 122001
Transport Corp of India Ltd is an integrated logistics and supply chain solutions provider. The company's operating segment includes Freight, Supply Chain Solutions, Seaways, and Energy. It generates maximum revenue from the Freight Division segment. The Company derives revenues from the business of freight, logistics services (comprising of supply chain management, warehousing, and allied services), and the sale of power. Geographically, it operates only in India.
86GF Score

Get the complete analysis for NSE:TCI

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

₹928.65
Price
₹1,161.53
GF Value