Tejas Cargo India Ltd.
•₹ 4020%
2026-08-21
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 0.3
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
EDIT COLUMNS| 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. | CONCOR | 514.00 | 31.52 | 39147.16 | 1.67 | 268.90 | 0.61 | 2159.76 | 0.28 | 14.79 | 20.41 |
| 2. | DELHIVERY | 448.00 | 358.82 | 33562.68 | 0.00 | 31.91 | -64.96 | 2930.73 | 27.76 | 3.02 | 4.75 |
| 3. | SHADOWFAX | 265.20 | 139.25 | 15555.60 | 0.00 | 654.00 | 6732.86 | 13581.20 | 1806.32 | 4.90 | 6.76 |
| 4. | BLACKBUCK | 613.80 | 66.23 | 11180.37 | 0.00 | 42.17 | 25.14 | 204.17 | 42.17 | -31.80 | 24.35 |
| 5. | TCI | 914.10 | 15.38 | 7023.13 | 1.09 | 106.60 | -0.56 | 1248.50 | 9.58 | 20.52 | 12.30 |
| 6. | TVSSCS | 120.95 | 82.41 | 5336.60 | 0.00 | 22.48 | -96.84 | 3335.22 | 28.66 | 11.51 | 6.75 |
| 7. | VRLLOG | 231.45 | 0.00 | 4048.92 | 0.00 | 805.30 | 1509.31 | 8788.40 | 1080.70 | 26.47 | 21.23 |
| 8. | MAHLOG | 406.00 | 104.69 | 4028.43 | 0.62 | 27.83 | 394.81 | 2002.88 | 23.29 | 10.40 | 5.76 |
| 9. | SINDHUTRAD | 24.29 | 48.39 | 3745.35 | 0.00 | 38.74 | -79.39 | 129.21 | -21.85 | 12.80 | 45.34 |
| 10. | GATEWAY | 54.17 | 11.08 | 2706.57 | 6.00 | 512.68 | 724.44 | 5492.97 | 897.94 | 17.99 | 21.31 |
| 11. | TCIEXP | 547.00 | 25.50 | 2102.90 | 1.28 | 20.49 | 5.24 | 313.40 | 9.29 | 13.92 | 10.03 |
| 12. | TEJASCARGO | 402.00 | 45.89 | 960.49 | 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 | 33 | 69 | 104 |
| OPM % | 4 | 9 | 16 | 21 |
| Other Income | 0 | 3 | 3 | 7 |
| Interest | 1 | 5 | 11 | 17 |
| Depreciation | 3 | 14 | 41 | 61 |
| 4 | 14 | 17 | 26 | |
| Tax % | 25 | 27 | 24 | 26 |
| Net Profit | 3 | 10 | 13 | 19 |
| EPS | 3,155 | 9,859 | 541 | 8 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 44 | 137 | 8 | 8 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 44 | 137 | 8 | 8 |
Mar 2022
- 209
- 201
- Operating Profit
- 8
- OPM %
- 4
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 4
- Tax %
- 25
- Net Profit
- 3
- EPS
- 3,155
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
Mar 2023
- 382
- 352
- Operating Profit
- 33
- OPM %
- 9
- Other Income
- 3
- Interest
- 5
- Depreciation
- 14
- 14
- Tax %
- 27
- Net Profit
- 10
- EPS
- 9,859
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 137
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 137
Mar 2024
- 419
- 354
- Operating Profit
- 69
- OPM %
- 16
- Other Income
- 3
- Interest
- 11
- Depreciation
- 41
- 17
- Tax %
- 24
- Net Profit
- 13
- EPS
- 541
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2025
- 501
- 404
- Operating Profit
- 104
- OPM %
- 21
- Other Income
- 7
- Interest
- 17
- Depreciation
- 61
- 26
- Tax %
- 26
- Net Profit
- 19
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
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:
- 42%
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 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 0 | 24 |
| 3 | 13 | 55 | 149 | |
| 13 | 43 | 40 | 26 | |
| Trade Payables | 25 | 5 | 6 | 7 |
| 21 | 56 | 134 | 152 | |
| Total Liabilities | 63 | 116 | 236 | 358 |
| ASSETS | - | - | - | - |
| 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 |
| Total Debt | 31 | 83 | 161 | 159 |
| Net Working Capital | -1 | 10 | -8 | 66 |
| Contingent Liabilities | 0 | 0 | 0 | 6 |
| Book Value per Share | 3165.40 | 13024.00 | 2269.59 | 72.45 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 31 | 83 | 161 | 159 |
| Net Working Capital | -1 | 10 | -8 | 66 |
| Contingent Liabilities | 0 | 0 | 0 | 6 |
| Book Value per Share | 3165.40 | 13024.00 | 2269.59 | 72.45 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 0
- 3
- 13
- Trade Payables
- 25
- 21
- Total Liabilities
- 63
- 17
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 0
- 46
- Total Assets
- 63
- Total Debt
- 31
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 3165.40
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 3165.40
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 0
- 13
- 43
- Trade Payables
- 5
- 56
- Total Liabilities
- 116
- 53
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 4
- 60
- Total Assets
- 116
- Total Debt
- 83
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 13024.00
- Face Value
- 10.00
- Total Debt
- 83
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 13024.00
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 0
- 55
- 40
- Trade Payables
- 6
- 134
- Total Liabilities
- 236
- 124
- Capital Work in Progress
- 0
- 19
- 1
- 70
- Cash & Bank
- 8
- 14
- Total Assets
- 236
- Total Debt
- 161
- Net Working Capital
- -8
- Contingent Liabilities
- 0
- Book Value per Share
- 2269.59
- Face Value
- 10.00
- Total Debt
- 161
- Net Working Capital
- -8
- Contingent Liabilities
- 0
- Book Value per Share
- 2269.59
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 149
- 26
- Trade Payables
- 7
- 152
- Total Liabilities
- 358
- 153
- Capital Work in Progress
- 20
- 18
- 2
- 96
- Cash & Bank
- 42
- 27
- Total Assets
- 358
- Total Debt
- 159
- Net Working Capital
- 66
- Contingent Liabilities
- 6
- Book Value per Share
- 72.45
- Face Value
- 10.00
- Total Debt
- 159
- Net Working Capital
- 66
- Contingent Liabilities
- 6
- Book Value per Share
- 72.45
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -5 | -7 | 48 | 63 | |
| Cash from Investing | -25 | -46 | -131 | -110 |
| Cash from Financing | 30 | 56 | 87 | 80 |
| 0 | 3 | 5 | 34 | |
| Free Cash Flow | -5 | -57 | -63 | -47 |
| OCF / Net Profit | -1.65 | -0.74 | 3.64 | 3.32 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -1.65 | -0.74 | 3.64 | 3.32 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- -5
- Cash from Investing
- -25
- Cash from Financing
- 30
- 0
- Free Cash Flow
- -5
- OCF / Net Profit
- -1.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.65
- Cumulative 5-Year FCF
- 0
Mar 2023
- -7
- Cash from Investing
- -46
- Cash from Financing
- 56
- 3
- Free Cash Flow
- -57
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- 0
Mar 2024
- 48
- Cash from Investing
- -131
- Cash from Financing
- 87
- 5
- Free Cash Flow
- -63
- OCF / Net Profit
- 3.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.64
- Cumulative 5-Year FCF
- 0
Mar 2025
- 63
- Cash from Investing
- -110
- Cash from Financing
- 80
- 34
- Free Cash Flow
- -47
- OCF / Net Profit
- 3.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.32
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 3155.40 | 9858.60 | 541.20 | 8.00 |
| Book Value (₹) | 3165.40 | 13024.00 | 2269.59 | 72.45 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 88.55 | 0.00 | 30.77 | 33.54 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 4.00% | 8.60% | 15.68% | 19.33% |
| Net Margin % | 1.51% | 2.58% | 3.15% | 3.82% |
| ROE % | 99.68% | 121.79% | 38.62% | 16.73% |
| ROCE % | 15.04% | 28.56% | 17.96% | 15.59% |
| 4.98% | 10.97% | 7.50% | 6.43% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 62 | 36 | 48 | 60 |
| Inventory Days | 0 | 0 | 0 | 1 |
| Payable Days | 0 | 0 | 0 | 0 |
| 62 | 36 | 48 | 62 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 9.83x | 6.40x | 2.91x | 0.92x |
| Interest Coverage (x) | 5.48x | 3.63x | 2.62x | 2.51x |
| 0.99x | 1.18x | 0.92x | 1.66x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 82.42% | 9.83% | 19.51% |
| Operating Profit Growth % | 0.00% | 291.79% | 110.31% | 50.38% |
| Net Profit Growth % | 0.00% | 212.44% | 34.11% | 44.62% |
| 0.00% | 0.00% | -94.51% | -98.52% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 20.62x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 2.28x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 2.22x | 4.93x |
Mar 2022
- EPS (₹)
- 3155.40
- Book Value (₹)
- 3165.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 88.55
- Operating Margin %
- 4.00%
- Net Margin %
- 1.51%
- ROE %
- 99.68%
- ROCE %
- 15.04%
- 4.98%
- Debtor Days
- 62
- Inventory Days
- 0
- Payable Days
- 0
- 62
- Debt to Equity (x)
- 9.83x
- Interest Coverage (x)
- 5.48x
- 0.99x
- 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 2023
- EPS (₹)
- 9858.60
- Book Value (₹)
- 13024.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- 8.60%
- Net Margin %
- 2.58%
- ROE %
- 121.79%
- ROCE %
- 28.56%
- 10.97%
- Debtor Days
- 36
- Inventory Days
- 0
- Payable Days
- 0
- 36
- Debt to Equity (x)
- 6.40x
- Interest Coverage (x)
- 3.63x
- 1.18x
- Revenue Growth %
- 82.42%
- Operating Profit Growth %
- 291.79%
- Net Profit Growth %
- 212.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 541.20
- Book Value (₹)
- 2269.59
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 30.77
- Operating Margin %
- 15.68%
- Net Margin %
- 3.15%
- ROE %
- 38.62%
- ROCE %
- 17.96%
- 7.50%
- Debtor Days
- 48
- Inventory Days
- 0
- Payable Days
- 0
- 48
- Debt to Equity (x)
- 2.91x
- Interest Coverage (x)
- 2.62x
- 0.92x
- Revenue Growth %
- 9.83%
- Operating Profit Growth %
- 110.31%
- Net Profit Growth %
- 34.11%
- -94.51%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.22x
Mar 2025
- EPS (₹)
- 8.00
- Book Value (₹)
- 72.45
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 33.54
- Operating Margin %
- 19.33%
- Net Margin %
- 3.82%
- ROE %
- 16.73%
- ROCE %
- 15.59%
- 6.43%
- Debtor Days
- 60
- Inventory Days
- 1
- Payable Days
- 0
- 62
- Debt to Equity (x)
- 0.92x
- Interest Coverage (x)
- 2.51x
- 1.66x
- Revenue Growth %
- 19.51%
- Operating Profit Growth %
- 50.38%
- Net Profit Growth %
- 44.62%
- -98.52%
- P/E (x)
- 20.62x
- P/B (x)
- 2.28x
- Dividend Yield %
- 0.00%
- 4.93x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
May 2026
Nov 2025