Transport Corporation - On A Strong Footing Led By Integrated Multimodal Logistics: Motilal Oswal

We believe TCI is very well placed to capitalise on the growth opportunity. 

Transport Corporation of India Ltd.'s trailers. (Source: Company website).

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Motilal Oswal Report

Transport Corporation of India Ltd. established presence across the multimodal logistics chain (road, rail, third party logistics, and water logistics) enables it to offer efficient end-to-end logistics solutions, cater to a larger addressable market, and makes it the preferred choice for customers looking for complete solutions.

These offerings have allowed it to sail through some challenging times. We believe TCI is very well placed to capitalise on the growth opportunity. 

We expect revenue/Ebitda/profit after tax growth of 18%/13%/13% over FY22-24, factoring in an increasing share of less than truckload in the overall freight revenue, new client additions in third party logistics, and sustained focus on coastal shipping.

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Motilal Oswal Transport Corporation of India Company Update.pdf
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