TCI Express Limited has informed the Exchange about Investor Presentation
Dated: August 04, 2023
Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street - Mumbai- 400001
Scrip Code: 540212
Listing Department National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Scrip Symbol: TCIEXP
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
Dear Sir/Madam,
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find attached Investor Presentation on Un-Audited Financial Results for quarter ended June 30, 2023.
This Presentation is also available on the website of the Company at https://www.tciexpress.in/investor- analyst-corner.aspx?invid=15&key=9bf31c7ff062936a96d3c8bd1f8f2ff3
This is for your information and necessary records please.
Thanking you,
For TCI Express Ltd.
Priyanka Company Secretary & Compliance Officer Encl: As Above
Website: www.tciexpress.in Corporate Office: TCI House, Plot No. 69, Sector 32, Institutional Area, Gurugram - 122001, India Tel.: +91-124-2384090-94 • Email: info@tciexpress.in • CIN: L62200TG2008PLC061781 Registered Office: Flat Nos. 306 & 307, 1-8-273, Third Floor, Ashoka Bhoopal Chambers, S. P. Road, Secunderabad – 500003 • Tel.: ++91 40 27840104
91 40 27840104
Q1 FY2024 Highlights
Revenue from operation of Rs. 306 Cr, up by 4.8%, EBITDA up by 7.0% and Net Profit up by 4.2% on Y-o-Y basis
TCI Express Entered into New Fiscal Year on a positive note
Total Income
Rs. 306 Cr
4.8% Y-o-Y
Profit After Tax
Rs. 32 Cr 10.6% Margin
EBITDA
Rs. 48 Cr 15.6% Margin
Cash From Operation
Rs. 14 Cr
Key Highlights
▪ The revenue was mainly driven from the MSME indicating a strong and growing market
customers, presence in that segment
▪ The operating margins during the quarter were enhanced
despite a rise in inflation
▪ TCI Express has managed to sustain and maintain stable PAT margins, outperforming the industry average and showcasing our resilience and efficiency in challenging time
▪ The capacity utilisations during the quarter was at 83.5%
www.tciexpress.in
2
Management Perspective
Commenting on the performance, Mr. Chander Agarwal, Managing Director, said:
TCI Express is a leading express logistics company that achieved remarkable success in the recent quarter. With a revenue of Rs. 306 crores and an EBITDA margin of Rs. 48 crores (16% margin), the company showcased strong financial management. The Profit After Tax (PAT) stood at Rs. 32 crores, with a margin of 11%.
Notably, the growth was driven by increased business from MSME customers, reflecting the company's ability to tap into emerging market opportunities. Despite the challenges posed by global inflation, TCI Express outperformed its peers and successfully sustained its margins. This highlights the company's efficient operational strategies and adaptability to evolving market conditions, establishing its position as a reliable and successful company in the express logistics industry.
The manufacturing sector is receiving strong government support, leading to an anticipated growth of 13-14%. As companies ramp up their production activities, the demand for express logistics services is expected to surge. This trend is likely to boost significant growth in the express logistics industry as businesses rely more heavily on efficient supply chain management and transportation services to meet increasing demands. Additionally, this surge in demand is likely to enhance profit margins for express logistics companies, making it a favorable and promising market to capitalize on.
The Pune center, which began its operations in 2021, is poised to undergo automation implementation by the fourth quarter of FY24. This strategic move is expected to significantly reduce downtime, streamlining processes and improving overall operational efficiency. With automation in place, the center will be better equipped to meet the demands of its customers and enhance service delivery, further solidifying its position as a key player in the industry.
We are also proud to announce that we have received the prestigious LEED Gold certification from the USGBC. The 'GIGA' Sorting Centre in Tajnagar, Gurugram, received the 'Gold' rating under the LEEDv4 BD+C Warehouses and Distribution Centers rating system. This recognition showcases our' commitment to sustainability and environmental responsibility as a pioneering achievement in the industry.
www.tciexpress.in
3
Fastest Express Delivery Company in India
200+ Countries
60,000+ Location Served
2016 Year of Listing
3,500+ Work Force
5,500+ Containerized Vehicles
73 Air Gateways
950+ Branch Setup
28 Sorting Centres
1
2
3
4
5
6
Successfully completed 7 years post the demerger and has become industry leading and fastest delivery company in India
The only express cargo company in India with own set up across nation. Offers services on Sunday, Holiday and late pickup
ERP enabled operations, barcoding on packaging, GPS enabled vehicles and CCTV surveillance all India
Serves 97% of B2B customers and 3% of B2C customers
Ranked 438 in top 500 companies based on market cap, as on March 31, 2023
Specialized in offering time-definite solutions with focus on Tier II and III cities
www.tciexpress.in
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Why TCI Express?
Ranked 438 in Top 500 Companies based on Market Cap, as on March 31, 2023
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Asset Light Business Model
2
High Value Cargo (Low volume, high margins)
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7
3
Low Working Capital Requirement
8
9
4
5
Lowest Cost Structure
Expansion of Services
No Franchise: All owned Branches
API based backend technology
Containerized Movement
Superior Customer Support Services
10
Focus on Automation
www.tciexpress.in
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Geographical Footprint
Fastest Delivery Company with Unmatched Network and Efficiency
Company Branches
950+
500+
Pharma Cold Chain Express
E Commerce
Surface Express
Express Services
C2C Express
Rail Express
Domestic and International Air Express
www.tciexpress.in
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Financial Performance
Particulars (in Cr)
FY2024
FY2023 Growth (%)
FY2023
Growth (%)
FY2023
FY2022
Growth (%)
Q1
Y-o-Y
Q4
Q-o-Q
Full Year
Y-o-Y
Income from Operations Other Income Total Income
EBITDA Margin (%)
EBIT Margin (%)
PBT Margin (%)
PAT Margin (%) EPS
304.9 1.5 306.4
47.9 15.6%
43.3 14.1%
42.9 14.0%
32.3 10.6% 8.4
290.4 1.9 292.4
44.7 15.3%
41.4 14.2%
41.1 14.1%
31.0 10.6% 8.1
5.0%
4.8%
7.0%
4.5%
4.3%
4.2%
4.4%
326.2 1.7 327.9
55.8 17.0%
51.6 15.7%
50.9 15.5%
38.4 11.7% 10.0
(6.6)%
(6.6)%
(14.2)%
(16.2)%
(15.7)%
(15.9)%
(16.3)%
1,241.0 7.2 1,248.2
1,081.5 8.2 1,089.7
201.7 16.2%
186.3 14.9%
184.5 14.8%
139.3 11.2% 36.2
182.9 16.8%
172.9 15.9%
172.0 15.8%
128.9 11.8% 33.5
14.8%
14.5%
10.2%
7.8%
7.3%
8.1%
8.2%
Notes: 1. 2.
EBITDA and EBIT includes other income All Margins calculated on Total Income
* All numbers in Crores unless specified
www.tciexpress.in
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Q1 FY2024 Performance Discussion
• Total Income for the quarter stood at Rs. 306 Crores, registering an increase of 4.8% y-o-y. This growth was
driven by recovery in economic activities and growing demand from MSME customers
• EBITDA margins remained stable:
o Despite inflationary environment, we were able to maintain stable margins due to higher capacity
utilization of 83.5% in Q1FY2024
o The contribution to revenue from newly launched services, particularly from rail express, has been steadily
increasing
• Capex of Rs. 3.9 Crores incurred during Q1FY2024 primarily spent towards IT equipment and digitalisation
• 5 new branches were added during Q1FY2024 to penetrate deeper in the key growing markets in West and
South region to cater the growing demand with industry leading services
www.tciexpress.in
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Quarter Performance Trends
Improvements in financial performance and profitability by maintaining industry leading margin profile
Total Income
EBITDA and Margins
292
312
316
328
306
45
15.3%
54
17.2%
47
15.0%
56
48
17.0%
15.6%
Q1 FY23
Q2 FY23
Q3 FY23
Q4 FY23
Q1 FY24
Q1 FY23
Q2 FY23
Q3 FY23
Q4 FY23
Q1 FY24
PBT and Margins
PAT and Margins
41
14.1%
50
16.0%
43
13.5%
51
15.5%
43
14.0%
31
10.6%
38
12.1%
32
10.1%
38
32
11.7%
10.6%
Q1 FY23
Q2 FY23
Q3 FY23
Q4 FY23
Q1 FY24
Q1 FY23
Q2 FY23
Q3 FY23
Q4 FY23
Q1 FY24
Notes: 1. 2.
EBITDA includes other income All Margins are calculated on Total Income
* All numbers in Crores unless specified
www.tciexpress.in
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Strategy and Outlook
Revenue Growth Drivers
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3
4
5
Highly diversified client base of corporate and SME customers. Well spread across industry verticals
Continuous expansion in metro and tier I cities through new branch offices
Capital Expenditure
✓ Planned CapEx of Rs. 500 crores in 5 years (FY23-
FY28)
✓ In FY2023 incurred capex of Rs. 125 Crores
✓ The remaining capex of Rs. 375 crore will be
spent during FY24 - FY28
✓ Investment in sorting centers
✓ Automation and enhancing technological
capabilities
Contribution of new and value-added service offerings to drive growth
Automation at owned sorting centers to drive operational efficiency and enhance profitability
Government Initiatives to strengthen the logistics sector and focus on infrastructure to provide seamless connectivity to remote rural areas
TCI Express Offering
✓ Launch and expand Rail service offerings
✓ Added new services such as Pharma Cold Chain
and C2C express
✓ Continuous focus on volume growth through
B2B client acquisition
www.tciexpress.in
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Strategic Priorities by 2025
New services is expected to contribute 25% to top-line: • Rail Express • C2C Express • • Air Express
Pharma Cold Chain Express
Maintain high return ratios and consistent dividend pay-out
Create Wealth for all Stakeholders
Full focus on technological advancement and automation to further enhance operational efficiency
www.tciexpress.in
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Growth in Revenue – Rs. 1,750 Crs+ • • Double branch offices • Owned sorting centre in
Increase customer base
major metros
Largest B2B Sorting Center
Company has made significant progress in each of its strategic focus areas, has successfully commissioned India's first and largest automated B2B sorting center in Gurgaon in March 2022 reducing parcel handling time and vehicle halting time
GIGA Sorting Centre, Gurgaon
Location:
Gurgaon
Area:
2 lakh sq.ft
Solar Panel:
800 KW
Operational:
India's first and largest automated B2B sorting center operational from March 2022
Inhouse ERP and Automation
Shorter Turnaround Time
24x7 Higher Capacity Utilization
Enhance Customer Satisfaction
Enhance Profitability
www.tciexpress.in
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Expanding Service Offering: Rail Express
❑ Asset Light Business Model
✓ TCI Express to buy space on the trains to ensure higher
capacity utilization
✓ Independent team to manage this business offering
❑ Advantages
✓ Faster transit time at a lower cost substituting Air Cargo ✓ Optimize economies of scale at branches and routes ✓ Use of strong railway network
❑ Infrastructure Development backed by government
✓ Indian railways aims to increase its freight traffic from
1.1 billion tons in 2017 to 3.3 billion tons in 2030
✓ Lower carbon footprint and sustainable mode of transport
2,700 Customer Base
125 Route Presence
Centralized and integrated express logistics system
`
Shorter Turnaround Time
Uninterrupted Transportation
Synergistic with Existing Express Business
Higher Margin Business
Bridging the Gap between Air and Surface
Infrastructure Backed by Government
www.tciexpress.in
13
Expanding Service Offering: Pharma Cold Chain Express
TCI Express successfully launched Pharma Cold Chain Express Service, an asset-light model and use existing hub and spoke network to meet the growing demand for Cold Chain express logistics
Standard Operating Procedures followed by TCI Express
TCI Express Pharma Cold Chain Transportation
Precooling vehicle
at -18 C
Additional data logger at door for additional check
Measure temperature at loading and unloading
Reduce loading and unloading time
Regular Pull Down and Holding test
Check for
Air leakages
Pharma Cold Chain Express
Live monitoring of temperature through proper systems
➢ TCI Express continues to implement the asset-light model
in the Pharma Cold Chain express logistics segment
➢ Dispatching Pharma shipments either Frozen (Blood Plasma) or Vaccines under the prescribed temperature as norms ensuring there are no fluctuations in the temperature
➢ Dispatching frozen products as per FSSAI norms ensuring
there are no fluctuations in the temperature
➢ Monitoring of temperature maintained through Data
Loggers and real-time monitoring through tracer
➢ Tracking of vehicles through GPS and real-time data been
provided to the customer
➢ Proper loading and unloading of material ensuring there
are no temperature fluctuations
www.tciexpress.in
14
Expanding Service Offering: C2C Express
TCI Express launched India’s first customer to customer C2C Express service, implementing asset light model
Transportation Mode – Fast Trucking
Transportation Mode – Milk Run
Minimizes connections and travel time
Pick up from multiple locations and delivery at single point
Offering a high frequency of services
Pick up from one location and delivery at multiple locations
Directly connects the set of locations without any interruption of services
Real time tracking through GPS and temperature through tracer
Flexible routes
Flexible routes
End to End Transportation, Door Pick up and Door Delivery
Multilocation Delivery and Pick up
GPS Enabled Vehicle for tracking
Single Point of contact for any query
Movement of High Cargo value
www.tciexpress.in
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Last 6 Year Key Takeaways
✓ Fastest B2B Express Delivery Company in India
Inherent Business Strength
✓ Asset light model allows the Company to maintain higher utilization and drive strong cash flows
✓ No franchise model. All branches are company owned which ensures the adoption of best standard operating procedures
✓ Diversified business model catering to all the major manufacturing industries
✓ Locations servicing from 32,000 locations in FY 2017 to 60,000 locations in FY 2023
Expanding Business
✓ Branch offices increased from 500 in FY 2017 to 950+ branches in FY 2023
✓ Sorting centers increased from 26 in FY 2017 to 28 in FY 2023
✓ Customers count increased from 1.6 Lakh in FY 2017 to 2.25 Lakh in FY 2023
Generating Returns for Stakeholders
✓ Post demerger: 7 year track record of consistently delivering enhanced margins and profitability. EBITDA growing
at a CAGR of 21% and net profit is at a CAGR of 24%
✓ Consistently paying dividends for the last 7 years and generating a high return on capital employed
✓ Debt-free company, maintaining a strong balance sheet and flexible capital structure
www.tciexpress.in
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FY2023 Highlights
Total Income
Rs. 1,248 crore
FY2022: Rs. 1,090 crore
EBITDA | Margins%
Rs. 202 crore | 16.2%
FY2022: Rs. 183 crore | 16.8%
Net Profit | Margins%
Rs. 139 crore | 11.2%
FY2022: Rs. 129 crore | 11.8%
14.8% Y-o-Y
10.2% Y-o-Y
8.1% Y-o-Y
33% FY2023 ROCE
25%
FY2023 ROE
Rs. 147 Crores Cash Flow from Operations
▪ Record financial performance for the full year, with strong quarterly results driven by successful strategic initiatives and operations excellency
▪ Maintained strong
structure which allows us to continue to invest in profitable growth
capital
▪
▪
Strong free cash flow of Rs. 147 crores with robust CFO to EBITDA ratio of 73%
Focus on margin stabilization through automation and network efficiency
▪ Building momentum with significant value potential with comprehensive service offerings
Notes: 1. 2. 3.
Return on Capital Employed is calculated as EBIT/Average Capital Employed. Capital Employed = Total Equity + Total Debt Return on Equity is calculated as Net Profit/Average Total Equity ROCE and ROE has been annualised
www.tciexpress.in
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Annual Performance Trend
Strong track record of consistently driving higher margins and profitability
Total Income from Operations CAGR +7%
EBITDA and Margins CAGR +17%
887
1,027
1,036
852
1,248
1,090
122
12%
126
12%
142
17%
93
10%
183
202
17%
16%
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
PBT and Margins CAGR +17%
PAT and Margins CAGR +19%
84 9%
112
11%
117
11%
132
16%
172
16%
185
15%
58 7%
73
7%
89
9%
101
12%
129
12%
139
11%
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Notes: 1. 2.
EBITDA includes other income All Margins are calculated on Total Income
* All numbers in Crores unless specified
www.tciexpress.in
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Key Ratios
Increased cash conversion cycle has improved operational efficiency and financial health
Dividend per Share (Rs) & Payout (%)
Return on Capital Employed (%)
8.0
8.0
2.5
16%
3.0
16%
4.0
17%
4.0
15%
24%
22%
44%
40%
38%
34%
36%
33%
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Return on Equity (%)
Cash Conversion Ratio (%)
32%
31%
29%
26%
27%
25%
80%
63%
65%
84%
70%
73%
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
www.tciexpress.in
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Cash Flow from Operations vs Free Cash Flows
The consistent increase in Cash Flow from operations indicates effective management of operational expenses
74
11
78
53
81
49
119
64
128
48
147
22
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Cash Flow from Operations
Free Cash Flows
•
The company has strong cash flow from operations in FY2023 of Rs. 147 crore
• During FY2023, the company incurred a capital expenditure of Rs. 125 crore for setting up new automated sorting center
with a primary focus on enhancing the automation
• Commitment to efficient working capital management, along with a robust, debt free capital structure and a strong cash
flow conversion cycle
* All numbers in Crores unless specified
www.tciexpress.in
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TCI Express – Leading Margins and Profitability in the Industry
EBITDA Margins %
EBIT Margins %
16.2%
13.1%
11.9%
14.9%
9.9%
9.9%
5.5%
5.3%
1.9%
1.8%
TCI Express
Peer 1
Peer 2
Peer 4
Peer 5
nm
Peer 3
TCI Express
Peer 1
Peer 2
Peer 5
Peer 4
nm Peer 3
PAT Margins %
Key Highlights:
11.7%
8.4%
7.0%
0.5%
nm
TCI Express
Peer 2
Peer 1
Peer 4
Peer 5
nm
Peer 3
Notes: 1. 2.
All financials are based on FY2023 reported numbers EBITDA and EBIT including Other Income
▪ Market Leader in Supply Chain Management with industry-
leading Margins and Profitability Ratios
▪
▪
Leading market positions, unique asset light model has allowed TCI Express to maintain higher capacity utilization and deliver strong EBITDA margins even during challenging inflationary environment
Revenue mix driven equally by SMEs and corporates
www.tciexpress.in
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Express Industry – An Outlook
India GDP $3.38 Tn
Total Logistics Spend $448 Bn
Road Transportation $210 Bn
Un-Organised Segment 90%
TCI Express Carries $20 Bn
TCI Express Market Share 7%
Notes: Source : 1. 2.
Trading Economics IBEF.org
66% Road
31% Rail
3% Water
1% Air
Indian Logistics Market Split
Logistics as % of GDP
15%
$17,963 Bn
14%
$3,385 Bn
8%
$25,463 Bn
www.tciexpress.in
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Indian Logistics Industry
Growth Drivers for the Indian Logistics Industry
The National Logistics Policy (NLP) assists states and union territories (UTs) in creating their Comprehensive Logistics Action Plan (CLAP), which emphasizes integrated digital logistics systems, standardized physical assets, and improved warehousing services. This policy aims to boost logistics efficiency, enhance trade, and facilitate sector-specific plans for effective logistics.
The PM GatiShakti National Master Plan initiative seeks to enhance multimodal logistics infrastructure by partnering with states and UTs. It provides a unified decision-making platform and extends special assistance to states with a 50-year interest-free loan of ₹1 lakh crore for capital investments. The plan aims to fortify logistics infrastructure and streamline the movement of goods across various transportation modes.
The Unified Logistics Interface Platform (ULIP) and e-Logs are vital components of the NLP, with ULIP serving as an integrated platform to boost efficiency and technology utilization in India's logistics infrastructure, while e-Logs act as a dashboard for seamless access to logistics services, simplifying registration, coordination, and monitoring of logistics stakeholders' issues. These initiatives aim to streamline logistics operations and enhance overall service quality.
India's logistics industry has moved up 6 places to reach the 38th rank out of 139 countries in the World Bank's Logistics Performance Index. Showcasing advancements in logistics services
➢ Multiple infrastructure projects worth Rs.108 lakh crore under the National Infrastructure Pipeline (NIP) aim to propel growth in the logistics industry
➢ The government proposes
infrastructure development with a 33% increase in capital expenditure, amounting to Rs 10 lakh crore for the fiscal year 2023-24
➢ The construction of 66,100 km of highways and 3,300 km of dedicated Freight Corridors will optimise freight movement across the country
efficiency of
the
➢ The logistics industry employs 22 million source of
people, making employment and livelihood for millions
it a major
www.tciexpress.in
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Management Team
Mr. D P Agarwal, Chairman & Director
Mr. D P Agarwal is the Chairman and Director of TCI. Mr. Agarwal has been associated with the transport industry for more than 52 years. He has been contributing in developing the unorganized logistics sector into an organized one.
Mr. Agarwal is also associated with various Chambers of Commerce including CII, FICCI & PHDCCI. He also takes active participation in many social and philanthropic activities for the common good.
Mr. Chander Agarwal, Managing Director
Mr. Chander Agarwal is a Bachelor of Science in Business Administration from 1996 to 2001 from Bryant College, Smithfield, RI, He joined TCI as Summer Intern and worked in various departments including operations, logistics and marketing etc. thereby getting fair amount of exposure to the key functions in the Company.
His hands-on experience with Transfreight USA, a 3PL specializing in 'lean logistics' for Toyota Motor vehicles, USA, has given him unmatched knowledge of the Supply Chain Management. Currently he is spearheading Group TCI's international expansion across Asia, Latin America & Africa.
Mr. Pabitra Panda, Chief Operating Officer
Mr. Pabitra Mohan Panda, is a Chief Operating Officer (COO) of the Company effective from August 7, 2019. He is Post Graduate in Computer Applications and Statistics. He has joined TCI Group in the year 1998 and has a distinguished service record of 24 Years in the Company.
He worked in various functions and departments and risen to the designation of Regional Express Manager. Prior to such elevation as COO, he was appointed Regional Manager-Delhi Region on May 2, 2016.
www.tciexpress.in
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Management Team
Mr. Mukti Lal, Chief Financial Officer
Mr. Mukti Lal is the Chief Financial Officer at TCIEXPRESS. He is a qualified Chartered Accountant and has been associated with Transport Corporation of India Limited (the Demerged Company) in various capacities for last 19 years. He was working as CFO-XPS, Division of Transport Corporation of India Limited. He is a finance professional with over a decade of experience spanning the entire gamut of finance and had played major role in overall strategy and corporate governance
Mr. Girija Shankar, Chief Marketing Officer
Mr. Girija Shankar Das is an MBA having specialization in Marketing. He joined TCI Group in 2005 and has more than a decade of versatile experience in operations, sales, marketing and Customer Retention. He has worked in various functions and departments including "Zonal Express Manager" at Chennai and Bhiwandi (Mumbai). Currently he is serving the position of Chief Marketing Officer in TCI Express Limited
www.tciexpress.in
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Sustainability a Core Pillar of Strategy
Educational Aid and Empowerment
Environment
Water Conservation Implemented rainwater harvesting and various water-saving initiatives, including aerator taps, sensor-based taps, RO water reutilization, rain harvesting, water reuse, and STP for wastewater treatment and reuse
Renewable Energy Generation Installed solar panels at Gurgaon and Pune sorting centers, generating a total of 804,311 kWh of renewable electricity in FY2023, reducing GHG emissions
Emission Reduction Replaced approximately 30% heavy capacity trucks with ones compliant with BS-VI standards, reducing harmful emissions
Implemented diverse social initiatives, including educational aid for 1,500+ children, underprivileged youth, sports training for 1,000+ individuals, and empowerment through "Saksham" project for 5,000+ individuals
Safety, Environment, and Health
Implemented accident prevention measures, abided by labor laws for fair wages, maintained zero- tolerance for discrimination, and ensured robust data protection
Governance
CSR Impact
Demonstrated strong financial capability through CSR initiatives, contributing ₹2.80 Crores in various projects during FY2023
Social
Board Composition and Diversity 4 out of 8 directors on the board are independent, and there is a balanced professional Board with the right mix of Executive, Non-Executive, and Independent Directors, bringing rich experience and expertise from diverse backgrounds relevant to the business
ESG Training and Commitment Conducted ESG specific trainings for Directors, KMP, Employees, and stakeholders, apprising them of the company's commitment towards meeting ESG performance through BRSR
Risk Management, Ethics, and Data Protection
Implementing regular risk assessment and maintaining a zero-tolerance policy against unethical conduct. Ensuring robust data protection with VPN software and cyber security audit to safeguard customer information and privacy
TCI Express ESG Profile Link: https://bit.ly/2LmB6fd
www.tciexpress.in
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ESG Profile – Consolidating all ESG Disclosures
4
6
3
2
1
5
Visit ESG Profile on our Website in Investor Relation Section or click here - https://bit.ly/2LmB6fd
1
2
3
Consolidates all ESG disclosures on a single platform, enabling stakeholders to conveniently conduct their due diligence
Highlights – Captures qualitative ESG content associated with the respective subfactor
Links – Provide easy access to the underlying source documentation by click of a button
4
5
6
ESG disclosures mapped with International ESG Reporting Frameworks
Search based on key words. Conveniently search for specific ESG information
Feedback – TCI Express solicits feedback from all the stakeholders on their ESG disclosures. Click and provide feedback
www.tciexpress.in
27
Awards and Recognition
Awards
Conferred with the Supply Chain and Logistics Excellence (SCALE) awards for the best “Express Courier” 2022 by the prestigious Confederation of Indian Industry (CII)
The Economic Times Most Promising Business Leader of Asia 2022-23
Launch of "Express Delivery Services” Supporting the Journey towards India@2047
www.tciexpress.in
28
Awards and Recognition
Awards
Most Trusted Brand of India 2023
TCI Express Ltd., one of the leading express
delivery service provider in India, has been
awarded the prestigious title of the "Most
Trusted Brand of India 2023" by Team
Marksmen.
This recognition reflects company’s
commitment to providing reliable and secure
pickup and delivery solutions to its
customers across the country.
Demonstrating a dedication to excellence
and innovation, TCI Express has solidified its
position as a trusted provider of logistics
solutions in India.
LEED Gold Certification 2023
TCIEXPRESS Limited has been awarded the prestigious LEED Gold certification by the USGBC. This recognition is a testament to TCIEXPRESS' commitment and innovative initiatives towards sustainability, making it the first B2B express logistics company in India & Asia to receive such an esteemed award.
The USGBC has awarded our 'GIGA,' Sorting Centre, Tajnagar, Gurugram, with the 'Gold' rating under the LEEDv4 BD+C Warehouses and Distribution Centers rating system, for outstanding environmental and responsibility.
sustainability
commitment
practices
towards
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Awards and Recognition
Sustainable Awards
In recognition of its steadfast commitment to sustainability, TCI EXPRESS has proudly received the esteemed title of Sustainable Organization 2023 from the Economics Times. This prestigious accolade acknowledges the company's dedication to adopting sustainable practices and showcases its leadership in promoting environmental consciousness.
Greatest Sustainable Brand & Leader 2023
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Awards and Recognition
Corporate Governance
SORTING CENTER AWARDS
Ranked 438 in Top 500 Companies based on Market Cap, as on March 31, 2023
Credit Instruments rated by two leading Credit Rating Agencies CRISIL Rating: AA- ICRA Rating: A1+
Industry Recognition
2022 Burgundy Private Hurun India 500
Marksmen Daily Most Trusted Brands of India 2023
Business Superbrand of 2022-23
The Economic Times Iconic Brands of India
India’s
Sustainability Complementing Movement TCI Express Ltd. GIGA Sorting Centre in Tajnagar has received the GEM 5 Certification
Hub
Certification
ASSOCHAM GEM Sustainable Warehouse and Logistics evaluates from design sustainability development's through construction to operation. The highest rating level in this program that may be attained is GEM 5
Pune Sorting Centre, has also been awarded GEM 5 Certification
India‘s We are pleased to be a part of Sustainability movement to Care for Mother Earth, with promoting environmentally sustainable green building design and construction
aim of
the
Sustainable Organisations 2023
Building a high trust & Performance culture
International Air Transport Association
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Share Price Information, as on 02nd August 2023
CAGR Return: TCI Express +26.7% S&P BSE Sensex +15.6%
Capital Market Information
Key Facts 02nd August 2023
BSE / NSE Ticker
540212/ TCIEXP
CMP (Rs.)
Shares O/S (Cr)
1,542
3.83
Market Cap (Rs. Cr)
5,909
52 Week H/L (Rs.)
2,010/1,384
3,000
2,500
2,000
1,500
1,000
500
0 Dec-16
Aug-17
Apr-18
Dec-18
Aug-19
Apr-20
Dec-20
Aug-21
Apr-22
Dec-22
Aug-23
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Contact Information
This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to TCI Express’ future business developments and economic performance. While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.
These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.
TCI Express undertakes no obligation to publicly revise any forward looking statements to reflect future / likely events or circumstances.
For further information, please contact:
Mukti Lal Chief Financial Officer, TCI Express
+91 124 238 4090-4094 mukti.lal@tciexpress.in
Bhushan Khandelwal / Anvita Raghuram Churchgate Partners
+91 22 6169 5988 tciexpress@churchgatepartners.com
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TCI EXPRESS LIMITED TCI house, 69 Institutional area, Sector - 32, Gurgaon 122001, Haryana, India P: +91 124 2384090-94 • E: info@tciexpress.in W: www.tciexpress.in • Toll free: 1800 2000 977
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