Good set of numbers by TCI express. Firm has opted for buyback @ 2050 per share
Key points: -
TCI XPS marketshare is just 7% with 95% of the industry being unorganized
Current capacity utilization @ 85%
Final capex of 80 Cr utilized (part of last cycle) for devlopment & automation of sorting centre
Another 500 Cr Capex planned in next 5 years
Good improvement on working capital
Plan to double revenue by 2025 (est sales growth approx 26% CAGR)
Increase in customer base by 40000 in the last 5 yrs
TCI XPS q4 FY22.pdf (2.1 MB)