TCC Concept Ltd.

•

₹ 252.850.2%

2026-08-20

tccltd.inBSE: 512038NSE: TCC

Market Cap₹ 1,198 Cr.

Current Price₹ 252

High / Low₹ 526 / 250

Stock P/E18.2

Book Value₹ 348

Price to Book2.27

Dividend Yield0.00 %

ROCE12.3 %

ROE9.3 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Rental & Leasing of Equipments: 67.5% • Brokerage & Other Services: 18.6% • IT Services: 13.9%

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 27.6%
Company has a good return on equity (ROE) track record: 3 Years ROE 20.8%
Latest quarter profit grew 34.3% YoY, showing strong momentum
Company comfortably covers its interest (31.2x coverage)

CONS

Promoter holding has decreased over last 2 years: -15.8pp
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.47x)
Total debt has risen sharply - up 131.3% year on year
Working capital days have increased from 157 to 359 days
Debtor days have increased from 60 to 110
Though reporting repeated profits, the company pays out little dividend (0.0%)

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

Peer comparison

EDIT COLUMNS

Oil Gas & Consumable FuelsTradingTrading

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

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	ADANIENT	3005.00	54.64	406793.64	0.04	-1461.54	-249.67	32923.98	49.92	13.30	15.57
2.	AEGISLOG	1367.65	38.36	48004.52	0.64	544.84	210.70	2356.86	37.07	19.76	30.28
3.	PREMIERENE	1015.00	27.67	46076.08	0.10	471.92	53.32	2462.59	35.25	41.97	29.03
4.	CPPLUS	3341.75	82.83	39533.05	0.05	1422.00	4225.08	14024.19	1795.07	29.48	14.52
5.	REDINGTON	326.25	14.99	25505.39	1.84	453.49	94.65	34922.47	34.57	18.96	2.03
6.	HONASA	474.55	62.17	15471.48	0.63	90.45	118.87	755.95	27.00	8.99	14.58
7.	LLOYDSENT	79.15	107.60	12082.66	0.19	109.98	-55.77	563.03	70.15	12.84	18.07
8.	SGMART	804.05	81.51	10133.86	0.00	45.58	41.07	1308.57	14.41	11.45	4.49
9.	MMTC	63.50	21.29	9525.00	0.00	104.24	135.52	0.68	-50.00	6.90	-1423.53
10.	CELLO	362.70	25.61	8011.50	0.41	73.40	-8.99	526.72	-0.43	17.15	18.80
11.	EBGNG	571.20	45.72	6512.34	0.00	28.93	56.21	412.46	32.08	20.14	11.97
12.	TCC	252.00	18.19	1197.71	0.00	12.64	34.26	128.28	480.18	12.31	36.07

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	4	28	29	13	12	17	22	32	22	27	46	84	128
	1	22	14	7	4	3	9	7	4	6	16	56	119
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	0	0	0	0	1	1	3	2	1	2	2	22	3
Interest	0	0	0	0	0	0	0	1	1	1	2	18	11
Depreciation	0	3	2	2	2	1	2	5	5	7	11	26	26
	3	2	13	8	7	13	14	21	13	15	20	6	12
Tax %	18.27%	23.42%	20.72%	39.72%	23.74%	28.36%	26.49%	17.97%	30.09%	31.74%	28.19%	-403.74%	-5.15%
Net Profit	0	0	0	0	5	9	10	17	9	10	14	31	13
	13	1	11	5	2	5	3	5	3	3	3	6	0
Equity Capital	13	13	13	21	23	36	36	36	36	36	48	48	48
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	13	13	13	21	23	36	36	36	36	36	48	48	48
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 4
: 1
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 0
Depreciation: 0
: 3
Tax %: 18.27%
Net Profit: 0
: 13
Equity Capital: 13
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 13
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 28
: 22
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 0
Depreciation: 3
: 2
Tax %: 23.42%
Net Profit: 0
: 1
Equity Capital: 13
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 13
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 29
: 14
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 0
Depreciation: 2
: 13
Tax %: 20.72%
Net Profit: 0
: 11
Equity Capital: 13
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 13
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 13
: 7
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 0
Depreciation: 2
: 8
Tax %: 39.72%
Net Profit: 0
: 5
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 12
: 4
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 0
Depreciation: 2
: 7
Tax %: 23.74%
Net Profit: 5
: 2
Equity Capital: 23
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 23
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 17
: 3
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 0
Depreciation: 1
: 13
Tax %: 28.36%
Net Profit: 9
: 5
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 22
: 9
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 0
Depreciation: 2
: 14
Tax %: 26.49%
Net Profit: 10
: 3
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 32
: 7
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 1
Depreciation: 5
: 21
Tax %: 17.97%
Net Profit: 17
: 5
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 22
: 4
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 1
Depreciation: 5
: 13
Tax %: 30.09%
Net Profit: 9
: 3
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 27
: 6
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 1
Depreciation: 7
: 15
Tax %: 31.74%
Net Profit: 10
: 3
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 36
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 46
: 16
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 2
Depreciation: 11
: 20
Tax %: 28.19%
Net Profit: 14
: 3
Equity Capital: 48
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 48
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 84
: 56
Operating Profit: —
OPM %: —
Other Income: 22
Interest: 18
Depreciation: 26
: 6
Tax %: -403.74%
Net Profit: 31
: 6
Equity Capital: 48
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 48
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 128
: 119
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 11
Depreciation: 26
: 12
Tax %: -5.15%
Net Profit: 13
: 0
Equity Capital: 48
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 48
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025	TTM
	1	77	83	286
	0	44	23	197
Operating Profit	1	34	67	—
OPM %	91	45	80	—
Other Income	0	1	6	29
Interest	0	0	2	32
Depreciation	0	7	10	70
	1	27	55	53
Tax %	25	25	23	-29
Net Profit	1	20	42	68
EPS	11	10	12	—
Dividend Payout %	0	0	0	—
Minority Interest	0	0	-0	0
Share of Associates	0	0	0	0
Adjusted EPS	11	10	12	—
Minority Interest	0	0	-0	0
Share of Associates	0	0	0	0
Adjusted EPS	11	10	12	—

Mar 2023

: 1
: 0
Operating Profit: 1
OPM %: 91
Other Income: 0
Interest: 0
Depreciation: 0
: 1
Tax %: 25
Net Profit: 1
EPS: 11
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11

Mar 2024

: 77
: 44
Operating Profit: 34
OPM %: 45
Other Income: 1
Interest: 0
Depreciation: 7
: 27
Tax %: 25
Net Profit: 20
EPS: 10
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10

Mar 2025

: 83
: 23
Operating Profit: 67
OPM %: 80
Other Income: 6
Interest: 2
Depreciation: 10
: 55
Tax %: 23
Net Profit: 42
EPS: 12
Dividend Payout %: 0
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 12
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 12

TTM

: 286
: 197
Operating Profit: —
OPM %: —
Other Income: 29
Interest: 32
Depreciation: 70
: 53
Tax %: -29
Net Profit: 68
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

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

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 21%
Last Year:: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-
Equity Capital	1	21	36
	2	170	680
	0	1	0
Trade Payables	0	18	8
	1	14	59
Total Liabilities	3	224	783
ASSETS	-	-	-
	0	136	473
Capital Work in Progress	0	1	112
	0	6	0
	0	24	26
Cash & Bank	0	20	62
	3	37	110
Total Assets	3	224	783
Total Debt	0	5	11
Net Working Capital	3	33	82
Contingent Liabilities	0	0	0
Book Value per Share	35.26	90.82	200.73
Face Value	10.00	10.00	10.00
Total Debt	0	5	11
Net Working Capital	3	33	82
Contingent Liabilities	0	0	0
Book Value per Share	35.26	90.82	200.73
Face Value	10.00	10.00	10.00

Mar 2023

Equity Capital: 1
: 2
: 0
Trade Payables: 0
: 1
Total Liabilities: 3
: 0
Capital Work in Progress: 0
: 0
: 0
Cash & Bank: 0
: 3
Total Assets: 3
Total Debt: 0
Net Working Capital: 3
Contingent Liabilities: 0
Book Value per Share: 35.26
Face Value: 10.00
Total Debt: 0
Net Working Capital: 3
Contingent Liabilities: 0
Book Value per Share: 35.26
Face Value: 10.00

Mar 2024

Equity Capital: 21
: 170
: 1
Trade Payables: 18
: 14
Total Liabilities: 224
: 136
Capital Work in Progress: 1
: 6
: 24
Cash & Bank: 20
: 37
Total Assets: 224
Total Debt: 5
Net Working Capital: 33
Contingent Liabilities: 0
Book Value per Share: 90.82
Face Value: 10.00
Total Debt: 5
Net Working Capital: 33
Contingent Liabilities: 0
Book Value per Share: 90.82
Face Value: 10.00

Mar 2025

Equity Capital: 36
: 680
: 0
Trade Payables: 8
: 59
Total Liabilities: 783
: 473
Capital Work in Progress: 112
: 0
: 26
Cash & Bank: 62
: 110
Total Assets: 783
Total Debt: 11
Net Working Capital: 82
Contingent Liabilities: 0
Book Value per Share: 200.73
Face Value: 10.00
Total Debt: 11
Net Working Capital: 82
Contingent Liabilities: 0
Book Value per Share: 200.73
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025
	-2	8	23
Cash from Investing	2	12	-54
Cash from Financing	0	-8	30
	-0	13	-0
Free Cash Flow	-2	-135	-435
OCF / Net Profit	-2.12	0.40	0.55
Cumulative 5-Year FCF	0	0	0
OCF / Net Profit	-2.12	0.40	0.55
Cumulative 5-Year FCF	0	0	0

Mar 2023

: -2
Cash from Investing: 2
Cash from Financing: 0
: -0
Free Cash Flow: -2
OCF / Net Profit: -2.12
Cumulative 5-Year FCF: 0
OCF / Net Profit: -2.12
Cumulative 5-Year FCF: 0

Mar 2024

: 8
Cash from Investing: 12
Cash from Financing: -8
: 13
Free Cash Flow: -135
OCF / Net Profit: 0.40
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.40
Cumulative 5-Year FCF: 0

Mar 2025

: 23
Cash from Investing: -54
Cash from Financing: 30
: -0
Free Cash Flow: -435
OCF / Net Profit: 0.55
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.55
Cumulative 5-Year FCF: 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-
EPS (₹)	11.34	9.64	11.80
Book Value (₹)	35.26	90.82	200.73
Dividend per Share (₹)	0.00	0.00	0.00
Cash EPS (₹)	11.34	12.78	14.57
PROFITABILITY	-	-	-
Operating Margin %	91.27%	43.48%	72.45%
Net Margin %	68.05%	26.29%	50.61%
ROE %	32.17%	20.96%	9.29%
ROCE %	42.71%	27.74%	12.31%
	26.61%	17.89%	8.37%
EFFICIENCY	-	-	-
Debtor Days	412	60	110
Inventory Days	0	28	0
Payable Days	0	145	0
	412	-57	110
FINANCIAL HEALTH	-	-	-
Debt to Equity (x)	0.01x	0.02x	0.01x
Interest Coverage (x)	0.00x	60.90x	31.23x
	5.79x	2.25x	3.64x
GROWTH	-	-	-
Revenue Growth %	0.00%	6329.36%	7.87%
Operating Profit Growth %	0.00%	3046.38%	93.33%
Net Profit Growth %	0.00%	2384.04%	107.65%
	0.00%	-14.97%	22.38%
VALUATION	-	-	-
P/E (x)	0.00x	46.46x	38.56x
P/B (x)	0.00x	4.93x	2.27x
Dividend Yield %	0.00%	0.00%	0.00%
	0.00x	26.91x	23.59x

Mar 2023

EPS (₹): 11.34
Book Value (₹): 35.26
Dividend per Share (₹): 0.00
Cash EPS (₹): 11.34
Operating Margin %: 91.27%
Net Margin %: 68.05%
ROE %: 32.17%
ROCE %: 42.71%
: 26.61%
Debtor Days: 412
Inventory Days: 0
Payable Days: 0
: 412
Debt to Equity (x): 0.01x
Interest Coverage (x): 0.00x
: 5.79x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 9.64
Book Value (₹): 90.82
Dividend per Share (₹): 0.00
Cash EPS (₹): 12.78
Operating Margin %: 43.48%
Net Margin %: 26.29%
ROE %: 20.96%
ROCE %: 27.74%
: 17.89%
Debtor Days: 60
Inventory Days: 28
Payable Days: 145
: -57
Debt to Equity (x): 0.02x
Interest Coverage (x): 60.90x
: 2.25x
Revenue Growth %: 6329.36%
Operating Profit Growth %: 3046.38%
Net Profit Growth %: 2384.04%
: -14.97%
P/E (x): 46.46x
P/B (x): 4.93x
Dividend Yield %: 0.00%
: 26.91x

Mar 2025

EPS (₹): 11.80
Book Value (₹): 200.73
Dividend per Share (₹): 0.00
Cash EPS (₹): 14.57
Operating Margin %: 72.45%
Net Margin %: 50.61%
ROE %: 9.29%
ROCE %: 12.31%
: 8.37%
Debtor Days: 110
Inventory Days: 0
Payable Days: 0
: 110
Debt to Equity (x): 0.01x
Interest Coverage (x): 31.23x
: 3.64x
Revenue Growth %: 7.87%
Operating Profit Growth %: 93.33%
Net Profit Growth %: 107.65%
: 22.38%
P/E (x): 38.56x
P/B (x): 2.27x
Dividend Yield %: 0.00%
: 23.59x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	61.49	59.45	60.87	60.87	60.87	60.87	45.69	45.69	45.69
	0.02	0.10	1.47	1.61	1.74	0.87	2.09	2.63	2.63
	3.63	3.52	0.86	1.23	1.43	1.51	1.87	1.97	1.96
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	34.86	36.92	36.80	36.30	35.96	36.75	50.35	49.71	49.72

Jun 2024

: 61.49
: 0.02
: 3.63
Government: 0.00
: 34.86

Sep 2024

: 59.45
: 0.10
: 3.52
Government: 0.00
: 36.92

Dec 2024

: 60.87
: 1.47
: 0.86
Government: 0.00
: 36.80

Mar 2025

: 60.87
: 1.61
: 1.23
Government: 0.00
: 36.30

Jun 2025

: 60.87
: 1.74
: 1.43
Government: 0.00
: 35.96

Sep 2025

: 60.87
: 0.87
: 1.51
Government: 0.00
: 36.75

Dec 2025

: 45.69
: 2.09
: 1.87
Government: 0.00
: 50.35

Mar 2026

: 45.69
: 2.63
: 1.97
Government: 0.00
: 49.71

Jun 2026

: 45.69
: 2.63
: 1.96
Government: 0.00
: 49.72

Documents

Announcements

Press Release
2026-08-04 - TCC Concept Limited has informed the Exchange regarding a press release dated August 04, 2026, titled "TCC Concept Limited to Expand Data Centre Capacity Through Proposed 60 MW Campus.".
Press Release
2026-07-31 - TCC Concept Limited has informed the Exchange regarding the press release on Financial Results for the Quarter Ended June 30, 2026.

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Jul 2026
TranscriptPPTREC
May 2026
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Feb 2026
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