Do you want to look the TCI Express share price target for the future year 2022 to 2030? so you are at the article and you are so lucky to come in this post. In this article, you will learn some needful aspects such as TCI strengths, company management, cash management, total debt, and future growth as well as more information about this share.
Now, we are here to tell you about the company, developments, products & services which we have to know before the investment in any share, that are mentioned ahead.
About TCI Express Ltd
TCI Express Ltd is an Indian company. It was started in 1996, and its main work is for Warehousing, occupied Storage, Transport, and support services for Transportation. The TCI Express Ltd is occupied in express distribution and assist services door-to-door solutions to clients. The company also offers Reverse Logistics. The TCI Express provides services all over the world. It is a supply and chain.
TCI Express Ltd Products & Services
The company provides more range of supply resources for the different types of sectors. It is the biggest thing is that the company also gives express distribution services. The has also informed that the TCI Express has been informed by notifying and stock RTA on the date of October 14, 2021, regarding the receipt and loss of share certificate to issue of duplicate share certificate as per the connected letter. If I about the team of this company so, the company of staff around 3500+ and 4000 Pickup and delivery area.
In this section, I am going to talk about the company of Profit After-tax. The PAT of TCI Express was Rs.35.13 Crore in the year 2021 and in the year 2020 and the company had a PAT of around Rs.35.93 Crore. If we see the TCI Express profit growth so, the company has developed a profit growth of 19.87% in the previous 3 years.
According to the share price chart, we got the possible target for the TCI to be achieved in the future because the company’s strengths and business model are higher than others. The share price targets are mentioned below.
| Year | Target Of TCI Express Ltd |
|---|---|
| 2022(Target-1) | Rs.1,799 |
| (Target-2) | Rs.2,139 |
| 2023(Target-1) | Rs.2,348 |
| (Target-2) | Rs.2,560 |
| 2024(Target-1) | Rs.2,856 |
| (Target-2) | Rs.3,194 |
| 2025(Target-1) | Rs.3,306 |
| (Target-2) | Rs.3,503 |
| 2030(Target-1) | Rs.9,314 |
| (Target-2) | Rs.10,293 |
According to the P/E ratio, I am going to predict the share price target for the year of TCI Express Ltd Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030. So, the price-to-earnings ratio is identified per rupee of earnings and how much the investors want to pay for a share. a general rule is that the stock is trending at a low price-to-earnings ratio and is undervalued. That is turn on further factors too. The transport corporation has a price-to-earnings ratio of around 46.54.
If we talk about return on assets for the TCI Express. the TCI Express return on assets measures. It is so effective for TCI Express makes earn a benefit on their investment in assets. we can also say in other words that return on assets shows how it is effectively a TCI Express can modify the money used to make assets among net income or benefits. The return on assets of the company is around 26.24%.
At the present time, the current ratio of TCI Express’s capacity to pay Its small-term liabilities along with the company of small-term assets. the company with a higher current ratio is likable so that the company could be permanent to unbelievable push in business and economy. According to all aspects, TCI Express’s first share price target in the year 2022 the possible target is Rs.1,799, and If the company’s performance has been made like this so, the second share target would be Rs.2,139.
Here we try to tell you some limitations and weaknesses of TCI Express Ltd which is really essential to know before investing in the shares of this Company and data which we try to give you there is get it from Ticker.finology.in and if you find any miss correct information regarding the shares of TCI Express Ltd will not be responsible for it.
According to the Company Essentials, the Market Cap of the company is Rs.6,334.16 Crore, and the next is Enterprises Value so, the enterprise value of the company is Rs.6,309.06 Crore, and another is the No. of share so, the company of no. of share is Rs.3.85 Crore, and next is the P/E so, the p/e is 46.54, and next is the P/B, the company of p/b is 11.22, and next is the face value so, the face value of the company is Rs.2 if we want to know about the company of DIV.YIELD whereas 0.49%, same as the book value of the company is Rs.146.44, and the cash of the company is 27.22 Crore, the total debt. of the company is Rs.2.12 Crore. According to the data if we try to predict the first share price target for the year 2023 is around Rs.2,348, and the second share price target may be Rs.2,560.
According to the Balance Sheet Analysis in the financial year March 2018, the total investment of the company is Rs.0, and the current assets of the company are Rs.343.84 crore because the company has given service to around 4000+ locations, And next year is March 2019, the company has invested of around Rs.1.25 crore if we talk about the same year of current assets so, the current assets of the company was Rs.378.97 Crore.
According to this the first share price target for the year of 2024 is Rs.2,856, if the company is performing like this so, the second share price of the company will be Rs.3,194. In the next year March 2020, the total investment of the company was Rs.0.91, and the total assets of the company were Rs.431.53 Crore. same as in the year of 2021 the total investment of the company was Rs.1.02 crore, and the total assets of the company were Rs.546.52 Crore. The next and last year March 2022, the company invested Rs.1.05 crore, and its total assets were Rs.657.04.
In this object, According to the company of Quarterly Result Analysis, I am going to predict the share price target of 2025. Friends, in the financial year 2021 TCI Express has made sales of around Rs.222.92 Crore because the company has also provided services a few months after the corona pandemic time. If we want to know about the same year of profit so, after paying all the taxes the company profit was Rs.23.76 Crore.
In the next financial month September 2021, the company has made a net sales of Rs.273.44 Crore, If we talk about the net profit of TCI Express so, the net profit of the company was Rs.34.04 Crore. In the next month December 2021, the company has collected net sales of at least Rs.286.92 Crore, If we want to see the net profit of the company so, the net profit of the company was Rs.35.13 Crore. It’s all about the company’s share price target in the year 2025 is Rs.3,306, and the second share price target shall be Rs.3,503.
In the year 2022, the company has made net sales of around Rs.298.18 Crore, and according to this year, the company’s net profit was Rs.35.93 Crore. Last month is January 2022 the company made sales of around Rs.290.44 Crore, and if try to know about the company’s net profit so, the net profit of the company was Rs.31,01 Crore. Friends my intention is to tell every aspect is that you to know the better type of this company.
Here we try to tell you some Fundamental Analysis of TCI Express Ltd which is really essential to know before investing in the shares of this Company and data which we try to give you there is get it Market Expert opinion and if you find any miss correct information regarding the shares of TCI Express Ltd will not be responsible for it.
At the end of this decade, TCI Express Ltd have that chance to become India’s Largest transportation company in terms of Business but they need to decrease the rate of scams and try to decrease the percentage of NPA% which help them to make the Best Courier company in India and in across India so. For the year 2030, we try to predict two share price targets for the shares of TCI Express first share price target for the shares of TCI Express is around Rs.9,314, and the second share price target for the shares of TCI Express which they find it around Rs.10,293.
Conclusion
In this article, As you learned about one of the Multi-National companies that are TCI Express Ltd’s share Price Target/Prediction/Forecast for 2022, 2023, 2024, 2025, And 2030. Also, I have tried to include every aspect in our article which is really essential to know before investing in any specific company shares which include company strength, limitations, expert view stock price target for the company stock, try to tell every relatable news and update regarding the shares of TCI Express Ltd with their strength and Limitations.
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