What we do TCI Express Ltd is a leading Indian express cargo distribution company offering multimodal logistics services via road, rail, air, and water, specializing in B2B express delivery. |
Founded in 2,008 |
Market share One of India's fastest growing express logistics companies with 970+ branches and a fleet of 5,500+ containerized vehicles serving 200+ countries. |
Problem solved Provides time-definite, safe, and efficient logistics solutions for critical cargos including pharma, automotive, and e-commerce. |
Top clients or who we serve Primarily B2B clients including automotive, pharma, defence, solar, EV, MSMEs sectors; also serves B2C customers via e-commerce delivery. |
Key management Mr. Chander Agarwal (MD), Mr. Mukti Lal (Executive Director & CFO), Mr. D P Agarwal (Chairman), Mr. Pabitra Mohan Panda (Chief Business Officer). |
Our journey and innovations Demerger in 2016; launched India's first customer-to-customer express service; operationalized automated sorting centers; expanded multimodal network growth. |
Where we operate 360+ cities in India with delivery to 60,000+ locations and international reach to 200+ countries via global partners. |
Top products or what we offer Surface Express, Rail Express, Domestic & International Air Express, C2C Express, E-Commerce Express, Cold Chain, and specialized logistics services. |
Top brands GIGA Sorting Centre, C2C Express - India’s first end-to-end customer-to-customer service, Pharma Cold Chain Express, Rail Express service. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is a mix of recurring contracts with enterprise clients and cyclical from sectors like ecommerce and seasonal industrial demand. |
Our industry position Among India’s largest time-critical express cargo companies; unique fully company-owned branch network; asset-light model driving cost efficiency. |
Financial highlights FY 2024-25 revenue ~Rs 1221 Cr; net profit Rs 85.8 Cr; consistent dividend payout; healthy margins with EBITDA ~11.9%. |
Geographical revenue split Majority revenue from India with expanding overseas air cargo network servicing 200+ countries. |
Order book - |
Whats driving growth Growth driven by expanding B2B logistics demand, infrastructure investments, technological automation, and new service verticals like C2C and Cold Chain. |
Our future plans Expansion of branch network, automation of sorting centers, scaling Rail and Air Express services, digital transformation, and ESG initiatives. |
Our green promise Solar-powered sorting centers, adoption of EVs and CNG vehicles, waste management, and ISO 14001 environmental certification. |
Our people and values 2,681 employees; strong focus on safety, training, diversity, ethical practices, inclusive culture, and employee engagement. |
Key challenges ahead Challenges include skilled manpower scarcity, infrastructure bottlenecks, regulatory complexities, and demand variability. |
Interesting facts First Indian express logistics company to launch end-to-end C2C express service and to automate handling of oversized freight. |
Risks and strategy Mitigates risks through robust governance, diversification, technology adoption, and broad multimodal network. |
