Transport Corporation of India Share Price Target 2025, 2026 to 2030

Transport Corporation of India Ltd (TCI), founded in 1958 and headquartered in Gurugram, Haryana, is a prominent player in the logistics and supply chain management sector in India. As part of the TCI Group, the company operates under various brands, including TCI Supply Chain Solutions, TCI Express, TCI Freight, TCI Global, TCI Seaways, and TCI Foundation. Its diverse business segments encompass Freight, Supply Chain Solutions, Seaways, and Energy, offering a broad spectrum of services such as full truckload and less-than-truckload transportation, over-dimensional cargo handling, project heavy haul, supply chain network design, warehousing management, multimodal transportation, and inventory management. With a robust infrastructure comprising over 14 million sq. ft. of certified warehousing space, a fleet of more than 10,000 trucks, and six ships, TCI ensures efficient and reliable logistics solutions. The company extends its operations internationally, particularly across India and South East Asia. Guided by core values of quality, sustainability, customer satisfaction, and innovation, TCI is committed to delivering high-quality services, reducing its environmental footprint, and leveraging technology to meet client needs effectively.

Shareholdings Patterns of Transport Corporation of India

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoters + 68.95% 68.92% 68.92% 68.93% 68.78%
FIIs + 2.58% 2.61% 2.67% 2.92% 3.01%
DIIs + 12.87% 12.81% 12.18% 12.18% 12.36%
Public + 15.61% 15.65% 16.22% 15.97% 15.84%
No. of Shareholders 42,383 41,164 43,736 43,822 49,571

The shareholding pattern of Transport Corporation of India Ltd reveals consistent trends in stakeholder distribution over recent quarters. As of September 2023, the promoters held 68.95% of the company’s shares, with a slight dip to 68.78% by September 2024, indicating stable control by the promoters. Foreign Institutional Investors (FIIs) steadily increased their stake from 2.58% in September 2023 to 3.01% by September 2024, showcasing growing international interest. Domestic Institutional Investors (DIIs) experienced minor fluctuations, starting at 12.87% in September 2023, dipping to 12.18% in March and June 2024, and recovering to 12.36% by September 2024. The public shareholding slightly rose from 15.61% in September 2023 to a peak of 16.22% in March 2024 before settling at 15.84% by September 2024. The number of shareholders also showed significant growth, increasing from 42,383 in September 2023 to 49,571 by September 2024, indicating rising investor confidence and interest in Transport Corporation of India.

How to Purchase Transport Corporation of India Shares in India?

Below are the trading platforms that you can use to purchase Transport Corporation of India shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Transport Corporation of India Share Price Target 2025, 2026 to 2030

Transport Corporation of India Share Price Target 2025

When Maximum Price Minimum Price
January 2025 1,231.05 946.96
February 2025 1,243.49 956.53
March 2025 1,269.60 976.62
April 2025 1,257.03 966.95
May 2025 1,220.42 938.78
June 2025 1,275.34 981.03
July 2025 1,250.33 961.79
August 2025 1,289.00 991.54
September 2025 1,304.47 1,003.44
October 2025 1,338.39 1,029.53
November 2025 1,371.85 1,055.27
December 2025 1,433.58 1,102.75

As we move through 2025, the share prices of Transport Corporation of India are expected to exhibit a consistent upward trend. Starting in January, the maximum price is projected at ₹1,231.05, with a minimum of ₹946.96. By December, the maximum price is anticipated to rise to ₹1,433.58, with a minimum of ₹1,102.75. This trajectory reflects a year of steady growth for Transport Corporation of India.

Transport Corporation of India Share Price Prediction 2026

When Maximum Price Minimum Price
January 2026 1,476.59 1,135.84
February 2026 1,439.67 1,107.44
March 2026 1,468.46 1,129.59
April 2026 1,498.43 1,152.64
May 2026 1,483.60 1,141.23
June 2026 1,520.69 1,169.76
July 2026 1,490.87 1,146.82
August 2026 1,536.98 1,182.29
September 2026 1,567.72 1,205.94
October 2026 1,608.48 1,237.29
November 2026 1,648.69 1,268.22
December 2026 1,689.91 1,299.93

As we step into 2026, the share prices of Transport Corporation of India are expected to continue their upward trajectory. In January, the maximum price is projected to reach ₹1,476.59, with a minimum of ₹1,135.84. By December, the prices are anticipated to climb further, with a maximum of ₹1,689.91 and a minimum of ₹1,299.93.

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Transport Corporation of India Share Price Target 2027

When Maximum Price Minimum Price
January 2027 1,706.81 1,312.93
February 2027 1,750.57 1,346.59
March 2027 1,818.84 1,399.11
April 2027 1,783.18 1,371.68
May 2027 1,731.24 1,331.73
June 2027 1,809.15 1,391.65
July 2027 1,773.68 1,364.37
August 2027 1,828.53 1,406.56
September 2027 1,892.53 1,455.79
October 2027 1,941.74 1,493.64
November 2027 1,990.28 1,530.98
December 2027 2,040.04 1,569.26

Transport Corporation of India Share Price Target 2028

When Maximum Price Minimum Price
January 2028 2,080.84 1,600.64
February 2028 2,134.19 1,641.69
March 2028 2,217.43 1,705.71
April 2028 2,173.95 1,672.27
May 2028 2,110.63 1,623.56
June 2028 2,205.61 1,696.62
July 2028 2,162.36 1,663.35
August 2028 2,229.24 1,714.80
September 2028 2,307.26 1,774.81
October 2028 2,367.25 1,820.96
November 2028 2,426.43 1,866.48
December 2028 2,487.09 1,913.15

Transport Corporation of India Share Price Prediction 2029

When Maximum Price Minimum Price
January 2029 2,536.83 1,951.41
February 2029 2,601.88 2,001.45
March 2029 2,703.35 2,079.50
April 2029 2,650.35 2,038.73
May 2029 2,573.15 1,979.35
June 2029 2,688.94 2,068.42
July 2029 2,636.22 2,027.86
August 2029 2,717.75 2,090.58
September 2029 2,812.87 2,163.75
October 2029 2,886.01 2,220.01
November 2029 2,958.16 2,275.51
December 2029 3,032.11 2,332.39

Transport Corporation of India Share Price Target 2030

When Maximum Price Minimum Price
January 2030 3,092.75 2,379.04
February 2030 3,172.05 2,440.04
March 2030 3,295.76 2,535.20
April 2030 3,231.14 2,485.49
May 2030 3,137.03 2,413.10
June 2030 3,278.20 2,521.69
July 2030 3,213.92 2,472.25
August 2030 3,313.32 2,548.71
September 2030 3,429.28 2,637.91
October 2030 3,518.45 2,706.50
November 2030 3,606.41 2,774.16
December 2030 3,696.57 2,843.51

In 2030, as we move forward, the share prices of Transport Corporation of India are expected to showcase remarkable growth. In January, the maximum price is anticipated to reach ₹3,092.75, with a minimum of ₹2,379.04. By December, the prices are projected to rise significantly, with a maximum of ₹3,696.57 and a minimum of ₹2,843.51, highlighting a strong performance throughout the year.

Financial Condition of Transport Corporation of India

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Sales + 2,718 2,802 3,259 3,783 4,024 4,247
Expenses + 2,476 2,539 2,847 3,357 3,613 3,817
Operating Profit 241 263 412 425 411 430
OPM % 9% 9% 13% 11% 10% 10%
Other Income + 34 31 44 70 119 129
Interest 34 27 13 10 13 16
Depreciation 82 93 113 121 128 125
Profit before tax 159 174 330 364 388 418
Tax % 10% 14% 11% 12% 9%
Net Profit + 143 150 293 321 354 382
EPS in Rs 18.53 19.08 37.45 40.91 45.12 48.7
Dividend Payout % 11% 13% 11% 17% 16%

The financial performance of Transport Corporation of India Ltd has shown steady growth over the years, reflecting its resilience and operational efficiency. Between March 2020 and March 2024, the company’s sales increased significantly, rising from ₹2,718 crore to ₹4,024 crore, with the Trailing Twelve Months (TTM) sales at ₹4,247 crore. This growth underscores Transport Corporation of India’s robust business operations and market presence.

Operating profit improved from ₹241 crore in March 2020 to ₹411 crore in March 2024, maintaining an OPM% in the range of 9% to 13%. Other income surged from ₹34 crore in March 2020 to ₹119 crore by March 2024, further supporting profitability. Interest expenses decreased significantly, showcasing improved financial management, while depreciation saw a gradual increase, reflecting ongoing investment in assets.

The company’s profit before tax grew from ₹159 crore in March 2020 to ₹388 crore in March 2024, with a TTM figure of ₹418 crore. Net profit more than doubled during this period, from ₹143 crore to ₹354 crore, with the TTM figure at ₹382 crore. Earnings per share (EPS) also rose significantly from ₹18.53 in March 2020 to ₹45.12 in March 2024, indicating enhanced shareholder value. Dividend payout percentages ranged between 11% and 17%, highlighting a consistent return to investors. Overall, Transport Corporation of India has demonstrated strong financial health and sustainable growth.

FAQs

What is Transport Corporation of India current market capitalization?

Transport Corporation of India current market capitalization stands at ₹8,693 Cr.

What is the projected share price target for 2025?

The share price target for 2025 ranges from ₹938.78 (maximum) to ₹1,433.58 (maximum) respectively.

What is the projected share price target for 2030?

The share price target for 2030 ranges from ₹2,379.04 (minimum) to ₹3,696.57 (maximum).

What is Transport Corporation of India current Price/Earnings (PE) ratio?

The stock’s Price/Earnings (PE) ratio is currently 22.8.

What is the face value of Transport Corporation of India stock?

The face value of Transport Corporation of India stock is ₹2.00.

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Conclusion

In conclusion, Transport Corporation of India Ltd (TCI) has established itself as a leading player in the logistics and supply chain management sector in India, supported by a robust infrastructure and a diversified business model. The company’s shareholding patterns from September 2023 to September 2024 reflect stable promoter control and growing interest from institutional investors, with a notable increase in the number of shareholders.

Financially, TCI has demonstrated consistent growth in sales and a steady operating profit margin despite fluctuations in expenses. The share price projections from 2025 to 2030 indicate a positive trajectory, with significant growth expected over the years, showcasing strong investor confidence and the potential for sustained performance in the long term.

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Author: Ashnoor

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