TCI Express Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, TCI Express stock has a consensus rating of "Hold" and an average price target of ₹598.82. The average 1-year stock price forecast is 17.39% higher than the current stock price, while the lowest is ₹465.00 (-8.84%) and the highest is ₹900.00 (+76.44%).

Price Target: ₹598.82 (+17.39%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹465.00	₹598.82	₹560.00	₹900.00
Change	-8.84%	+17.39%	+9.78%	+76.44%

Analyst Ratings

The average analyst rating for TCI Express stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	4	4	3	3	4	4
Buy	2	2	2	2	1	0
Hold	3	3	3	3	3	4
Sell	3	3	3	3	3	3
Strong Sell	0	0	0	0	0	0
Total	12	12	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vibhav Zutshi J.P. Morgan	J.P. Morgan	Hold Maintains ₹555.00	Hold	Maintains	₹555.00	+8.80%	Jun 2, 2026
Koundinya Nimmagadda Jefferies	Jefferies	Buy Maintains ₹635.00	Buy	Maintains	₹635.00	+24.49%	Jun 1, 2026
Unknown Analyst Prabhudas Lilladher No rating	Prabhudas Lilladher	Buy Maintains ₹694.00 → ₹575.00	Buy	Maintains	₹694.00 → ₹575.00	+12.72%	May 30, 2026

Financial Forecast

Revenue This Year

13.39B

from 12.37B

8.19%

from 12.37B

Revenue Next Year

14.54B

from 13.39B

8.61%

from 13.39B

EPS This Year

23.14

from 21.60

7.15%

from 21.60

EPS Next Year

26.57

from 23.14

14.84%

from 23.14

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	10.81B	12.41B	12.54B	12.08B	12.37B	13.39B
Revenue Growth	28.14%	14.75%	1.03%	-3.63%	2.41%	8.19%
Gross Profit	2.34B	2.60B	2.56B	1.99B	2.05B	3.93B
Gross Margin	21.66%	20.95%	20.38%	16.47%	16.53%	29.37%
Operating Income	1.67B	1.82B	1.71B	1.06B	995.10M	1.09B
Net Income	1.29B	1.39B	1.32B	858.10M	814.30M	929.90M
EPS	-	-	-	-	21.60	23.14
EPS Growth	-	-	-	-	-8.45%	7.15%
Forward PE	-	-	-	-	-	22.04
Dividend / Share	8.00	8.00	8.00	8.00	-	7.50
Free Cash Flow	81.80M	84.65M	627.64M	570.33M	-526.28M	636.50M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	13.5B
Avg	13.4B
Low	12.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	9.0%
Avg	8.2%
Low	3.9%

EPS Forecast

EPS	2027	2028	2029
High	25.50
Avg	23.14
Low	21.90

EPS Growth

EPS Growth	2027	2028	2029
High	18.1%
Avg	7.2%
Low	1.4%