Dekho, TCI Express ke latest results bata rahe hain ki company ab ek naye chapter ki taraf badh rahi hai. Pichle 8 quarter ki girawat ke baad, Q3 FY26 mein volumes 5.4% badhkar 255,000 metric tons tak pahunch gaye hain. Yehi nahi, revenue bhi 5.9% jump karke ₹3,141 million ho gaya hai. Ye waakayi ek zabardast comeback sign hai.
Han, yeh sach hai ki EBITDA margin thoda 10.3% par aa gaya, jo analyst ke 11.3% ke estimate se kam hai, but itne lambe time baad volume mein growth aana sabse bada positive point hai. Company ne 9 months mein ₹450 million ka capex bhi kiya hai branches aur IT infrastructure ko upgrade karne ke liye. Aur company ka model asset-light hai aur debt-free hai, toh ye ek solid funda hai.
Is volume recovery ke peeche kaafi reasons hain. Surface express segment mein recovery dikhi hai, naye clients mil rahe hain aur purane clients se bhi business badha hai. Domestic consumption aur festive season ne bhi freight movement ko boost diya hai. Auto, pharma, EV, solar, aur electronics jaise specific sectors se bhi achha traction mil raha hai. Aur sabse achhi baat, top 25 clients company ki revenue ka sirf 15% se kam contribute karte hain, matlab business diversification achhi hai.
Is performance ke baad analysts bhi kaafi excited hain. Prabhudas Lilladher ne toh 'BUY' rating maintain ki hai aur target price ₹694 rakha hai. Jefferies ne toh apna target price ₹745 se badha kar seedha ₹805 kar diya hai! Average analyst target bhi lagbhag ₹756.25 ke aas-paas hai. Kal hi results ke baad stock 6.22% bhagkar ₹543.10 par close hua hai, jo market ka confidence dikhata hai.
Sector-wise dekhein toh Indian logistics sector mein government policies jaise PM Gati Shakti aur National Logistics Policy se kaafi boost mil raha hai. Budget 2026 mein bhi transport sector ke liye ₹5.98 lakh crore ka bada allocation hua hai. TCI Express ab is favorable environment ka fayda uthane ke liye ready lag raha hai, agar GST demand order jaise ₹51 crore ke risk ko manage kar liya toh. Stock ka 52-week range ₹478 se ₹870 ke beech raha hai.