Transport Corporation of India - Well Placed With Multi-Modal Logistics Capabilities: Motilal Oswal

Transport Corporation of India - Well Placed With Multi-Modal Logistics Capabilities: Motilal Oswal

Fleet of Transport Corporation of India Ltd. (Image: Company website)

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Motilal Oswal Report

Transport Corporation of India Ltd. has developed robust capabilities in multimodal logistics via its presence across major transportation modes.

The company has well-diversified service offerings from road freight, integrated supply chain solutions, sea freight, to a joint venture with Container Corporation of India Ltd. for rail freight.

These capabilities would be a key enabler for consistent growth in volumes and earnings for TCI over the next few years. With an improving share of the seaways segment, margin is expected to remain at elevated levels.

TCI has contracts in place with customers for passing on the increase in diesel prices. With strong volumes, a rise in freight rates may be seamless. The impact of a diesel price increase on margin is also expected to be minimal.

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Motilal Oswal TCI Company Update.pdf
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