Tejas Cargo India Ltd.

•

tcipl.inBSE: -NSE: TEJASCARGO

Market Cap₹ 956 Cr.

Current Price

High / Low₹ 436 / 251

Stock P/E45.8

Book Value₹ 72

Price to Book2.28

Dividend Yield0.00 %

ROCE15.6 %

ROE16.7 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Services

Buy

Broad services remain in expansion. Services PMI was 54.1 (Aug/26), export of services grew 13.0% YoY (2026-06), and urban employment was still positive at 2.0% YoY (2026-07), although airport passenger traffic was -2.0% YoY (2026-06). FPI inflows of INR 7081 crore over 3 months to 2026-08-31 support the constructive sector view.

Confidence

72%

View full sector analysis →

PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 59.0%
Company has a healthy return on capital (ROCE) of 20.7%
Operating margins have improved to 19.3% from 4.0%
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.47x)
Attractively priced for its growth - PEG of 0.6

CONS

Receivables are growing faster than sales - a possible quality concern
A large part of profit comes from other income (27.0% of PBT)
Working capital days have increased from -7 to 48 days
Free cash flow has been persistently negative
Inventory has been piling up - inventory days up from 0 to 1

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ServicesLogisticsLogistics

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	CONCOR	499.80	30.65	38065.66	1.72	268.90	0.61	2159.76	0.28	13.63	20.41
2.	DELHIVERY	438.60	351.36	32864.05	0.00	31.91	-64.96	2930.73	27.76	2.97	4.75
3.	SHADOWFAX	253.25	133.05	14862.94	0.00	654.00	6732.86	13581.20	1806.32	11.58	6.76
4.	BLACKBUCK	629.05	67.88	11459.23	0.00	42.17	25.14	204.17	42.17	12.75	24.35
5.	TCI	859.95	14.47	6607.09	1.16	106.60	-0.56	1248.50	9.58	20.52	12.30
6.	TVSSCS	130.35	88.81	5751.35	0.00	22.48	-96.84	3335.22	28.66	11.51	6.75
7.	VRLLOG	231.45	18.88	4048.92	0.00	805.30	1509.31	8788.40	1080.70	26.47	21.23
8.	MAHLOG	396.65	102.33	3937.84	0.63	27.83	394.81	2002.88	23.29	10.40	5.76
9.	SINDHUTRAD	24.08	47.98	3712.96	0.00	38.74	-79.39	129.21	-21.85	12.80	45.34
10.	GATEWAY	53.34	10.91	2665.10	6.09	512.68	724.44	5492.97	897.94	17.99	21.31
11.	TCIEXP	513.50	23.94	1974.11	1.36	20.49	5.24	313.40	9.29	13.92	10.03
12.	TEJASCARGO	400.00	45.66	955.71	0.00	—	—	—	—	15.60	—

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	209	382	419	501
	201	352	354	404
Operating Profit	8	30	66	97
OPM %	3.82%	7.92%	15.68%	19.33%
	0	3	3	7
Interest	1	5	11	17
Depreciation	3	14	41	61
Profit before Tax	4	14	17	26
Tax %	25.17%	27.08%	23.99%	25.66%
Net Profit	3	10	13	19
EPS	3155.45	9858.57	541.20	8.00
Dividend Payout %	0.00%	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 34%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 82%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 41%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 59%
Last Year:: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0	0	0	24
	3	13	55	149
	31	92	120	112
Trade Payables	25	5	6	7
	4	6	54	65
Total Liabilities	63	116	236	358
	17	53	124	153
Capital Work in Progress	0	0	0	20
	0	0	19	18
	0	0	1	2
	0	0	70	96
Cash & Bank	0	4	8	42
	46	60	14	27
Total Assets	63	116	236	358

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-4	-4	48	63
Cash from Investing	-25	-46	-131	-110
Cash from Financing	30	56	87	80
	0	3	5	34

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Mar 2025	Sep 2025	Mar 2026
	73.63	74.27	74.71
	12.32	12.12	12.13
	0.25	0.25	0.00
Government	0.00	0.00	0.00
	13.80	13.36	13.17

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for TEJASCARGO

Loading news…

🤖

AI Stock Analyst

Tejas Cargo India Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

CONCOR

499.80

30.65

38065.66

1.72

268.90

0.61

2159.76

0.28

13.63

20.41

DELHIVERY

438.60

351.36

32864.05

0.00

31.91

-64.96

2930.73

27.76

2.97

4.75

SHADOWFAX

253.25

133.05

14862.94

0.00

654.00

6732.86

13581.20

1806.32

11.58

6.76

BLACKBUCK

629.05

67.88

11459.23

0.00

42.17

25.14

204.17

42.17

12.75

24.35

TCI

859.95

14.47

6607.09

1.16

106.60

-0.56

1248.50

9.58

20.52

12.30

TVSSCS

130.35

88.81

5751.35

0.00

22.48

-96.84

3335.22

28.66

11.51

6.75

VRLLOG

231.45

18.88

4048.92

0.00

805.30

1509.31

8788.40

1080.70

26.47

21.23

MAHLOG

396.65

102.33

3937.84

0.63

27.83

394.81

2002.88

23.29

10.40

5.76

SINDHUTRAD

24.08

47.98

3712.96

0.00

38.74

-79.39

129.21

-21.85

12.80

45.34

GATEWAY

53.34

10.91

2665.10

6.09

512.68

724.44

5492.97

897.94

17.99

21.31

TCIEXP

513.50

23.94

1974.11

1.36

20.49

5.24

313.40

9.29

13.92

10.03

TEJASCARGO

400.00

45.66

955.71

0.00

—

15.60

—

Mar 2022

Mar 2023

Mar 2024

Mar 2025

209

382

419

501

201

352

354

404

Operating Profit

OPM %

3.82%

7.92%

15.68%

19.33%

Interest

Depreciation

Profit before Tax

Tax %

25.17%

27.08%

23.99%

25.66%

Net Profit

EPS

3155.45

9858.57

541.20

8.00

Dividend Payout %

0.00%

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

149

120

112

Trade Payables

Total Liabilities

116

236

358

124

153

Capital Work in Progress

Cash & Bank

Total Assets

116

236

358

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-4

Cash from Investing

-25

-46

-131

-110

Cash from Financing

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Sep 2025

Mar 2026

73.63

74.27

74.71

12.32

12.12

12.13

0.25

0.00

Government

0.00

13.80

13.36

13.17

Tejas Cargo India Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Tejas Cargo India Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI