Moneycontrol PRO

Transport Corporation of India: Earnings likely to remain stable

December 16, 2019 / 10:47 AM IST
Transport Corporation of India: Earnings likely to remain stable

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Multimodal logistics service provider Transport Corporation of India (TCI) continued to deliver in the September quarter despite the tough macro environment.  The business is facing economic headwinds, but we remain optimistic on TCI’s long-term growth prospects owing to its competitive advantages and resilient business model. Financial performance review In H1 FY20, TCI’s sales increased 3 percent year-on-year (YoY) to Rs 1,240 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 8 percent on the back of a slight improvement...

  • PRO Panorama

    Moneycontrol Pro Panorama | Will September earnings catch up with valuations?

    Oct 14, 2021 / 03:45 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Earnings kick into high gear, road ahead for Zee, the pharma halo, IDBI Bank shines more, Facebook in the crosshairs, China and investment maths, and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | The Maharaja has left the building

    Oct 9, 2021 / 11:27 AM IST

    Privatisation of Air India means a one-time hit to the exchequer in the form of debt, but it’s a small price to pay for the government

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers