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Earnings · Logistics · Mid cap

TCI's FY26 profit grows 12%, dividend edges up to ₹10

Standalone net profit rose 12% on about 7% revenue growth for the year. The full-year dividend is up ₹1 from ₹9.

4 earlier stories on Transport Corporation Of India Ltd.
Mkt cap₹7,127 cr
P/E15.62×
ROE19.14%
Debt / eq.0.07
Div yld0.97%
12% Year-on-year growth in TCI's standalone net profit for FY26.

What's new

  • TCI reported ~7% standalone revenue growth and 12% net profit growth for FY26.
  • The board recommended a ₹1 per share final dividend, taking the full-year payout to ₹10.
  • The board granted 1,20,000 stock options and appointed a new compliance officer.

Why this matters

The results confirm the steady growth trajectory of a mature logistics player. The dividend increase is marginal, signalling no shift in capital-allocation policy. The other items are routine housekeeping.

What we're watching

  • Whether consolidated margins tell a different story than the standalone numbers.
  • Management commentary on freight-demand trends for FY27.
  • How the company plans to use the new ESOP pool.

The full read

Transport Corporation of India's FY26 results are steady, not spectacular. Standalone profit grew 12% on revenue growth of about 7%. The board raised the full-year dividend to ₹10 from ₹9. A ₹1 increase. The filing also includes a 1,20,000-option ESOP grant and a new compliance officer appointment, both routine. This is the annual report in pieces. The numbers were anticipated. A minor dividend uplift is the only new signal, and it points to capital discipline rather than a payout rerating.

Questions answered

How did TCI's profitability change in FY26?
On a standalone basis, net profit grew 12% year-on-year. Revenue grew about 7%.
What is the total dividend for the year?
The board recommended a final dividend of ₹1 per share, which brings the full-year payout to ₹10. That is a ₹1 increase from the prior year's ₹9.
Were these results a surprise?
No. The filing characterises them as steady growth that did not dramatically exceed expectations.
What else did the board approve?
It granted 1,20,000 employee stock options and appointed a new compliance officer.
Mentioned: Transport Corporation of India · ₹10 per share total dividend · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Transport Corporation Of India Ltd.

Logistics
₹7,109 cr
P/E 15.58×

Latest quarter · Mar 2026

Sales₹1,324 cr
Net profit₹105 cr
Op. margin+10.8%
EPS₹16.16

Strength & growth

Debt / equity0.07×
Current ratio3.45×
Sales CAGR+11.9%
EPS CAGR+22.2%
Financials via Tijori — a research aid, not investment advice.TCI on Tijori

Story so far

All notes on TCI →
  1. 26 May 2026 · 4:02 PM IST TCI's FY26 profit grows 12%, dividend edges up to ₹10
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  5. 41d ago Transport Corp posts 12% profit growth; dividend ticks up to ₹10