Tara Chand Infralogistic Solutions Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹372 Cr
- P/E
- 16.06
- ROE
- 19.38%
- PEG
- 0.26
- Price to sales
- 1.28
- Debt to equity
- 0.93
- 52W high / low
- ₹92.8 / ₹44.4
- Sales growth (5Y)
- 20.94%
- EBITDA margin
- 34.74%
- Net profit margin
- 9.20%
- Promoter holding
- 71.73%
- Sales (last year)
- ₹291 Cr
Incorporated in 2012, Tara Chand Infralogistic Solutions Ltd provides cargo handling and logistic services[1]
Guidance scorecard · Q2 FY27 call
What Tara Chand Infralogistic Solutions Ltd's management guided
and where it ranks in Commercial Services & Supplies
Commercial Services & Supplies
RevenueQ1 FY27 call
10–20%- The company anticipates 20% to 25% revenue growth for FY '27, targeting approximately INR350 crores.
- Q1 revenue was INR68 crores; remaining INR280 crores expected over next 9 months, with quarterly run rates of INR90-95 crores.
- Q2 is seasonally softer due to monsoons, with stronger revenue expected in Q3 and Q4.
- Executable order book stands at INR205 crores, with an additional pipeline of about INR150 crores in advanced discussions.
- Capex of INR80-100 crores planned, primarily for high-capacity cranes, to be completed mostly by November, aiding revenue ramp-up in H2.
- Specialized services and equipment rentals (74% of order book) expected to contribute significantly.
2 more points from Tara Chand Infralogistic Solutions Ltd's call on revenue
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MarginsQ1 FY27 call
Up 2%+See what Tara Chand Infralogistic Solutions Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- The company has planned a capital expenditure (Capex) of INR 80 crores to INR 100 crores for the financial year, expected to be completed mostly by November 2026.
- The recent Capex in Q1 primarily focused on acquiring two large 900-tonne crawler cranes deployed at project sites.
- Future Capex will continue to focus on high-capacity cranes that are fungible across sectors such as cement, steel, petrochemicals, power, renewables, and infrastructure development.
2 more points from Tara Chand Infralogistic Solutions Ltd's call on capex
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FundraisingQ1 FY27 call
See what Tara Chand Infralogistic Solutions Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Flat- Executable FY '27 order book as of July 2026 stands at INR 204.82 crores.
- Of this, 74% is from equipment rentals and specialized services; 26% is from warehousing and transportation.
- Order book was INR 212 crores in Q1 earnings call; slight decline but still sufficient room to ramp up revenue.
- Pipeline of potential orders is close to INR 150 crores, primarily a mix of equipment rentals and specialized services.
- Incremental orders needed to meet full-year guidance estimated at INR 70-80 crores, assuming full conversion of current order book.
2 more points from Tara Chand Infralogistic Solutions Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Commercial Services & Supplies
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Commercial Services & Supplies companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹2,470 Cr | 162.7 | |
| 2 | 40%+ | Up 2%+ | ₹41 Cr | 6.6 | |
| 3 | 40%+ | Flat | ₹556 Cr | 40.0 | |
| 4 | 40%+ | Flat | ₹102 Cr | 10.4 | |
| 5 | 20–40% | Up 2%+ | ₹3,473 Cr | 40.9 | |
| 6 | 20–40% | Up 0–2% | ₹872 Cr | 13.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Commercial Services & Supplies rankingFinancials of Tara Chand Infralogistic Solutions Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Tara Chand Infralogistic Solutions Ltd
Shareholding breakup across reporting periods.
| Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 73.34% | 69.68% | 69.62% | 69.61% | 69.60% | 70.67% | 70.68% | 70.68% | 71.14% | 71.64% | 71.64% | 71.73% |
| FIIs + | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.14% | 0.14% | 0.07% | 0.11% | 0.13% | 0.13% | 0.16% |
| DIIs + | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.81% |
| Public + | 26.66% | 30.32% | 30.38% | 30.39% | 29.84% | 29.19% | 29.18% | 29.25% | 28.75% | 28.24% | 28.23% | 27.30% |
| No. of Shareholders | 564 | 1,037 | 4,958 | 8,573 | 12,859 | 14,771 | 14,504 | 15,621 | 17,138 | 16,188 | 16,250 | 15,698 |
Financials of Tara Chand Infralogistic Solutions Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 42.21 | 44.36 | 46.49 | 45.66 | 56.16 | 64.36 | 81.63 | 61.07 | 65.67 | 68.56 | 89.55 | 67.63 | 83.11 |
| Expenses + | 29.45 | 30.32 | 29.97 | 31.36 | 38.64 | 43.43 | 56.48 | 38.62 | 40.79 | 43.53 | 58.44 | 47.41 | 54.87 |
| Operating Profit | 12.76 | 14.04 | 16.52 | 14.30 | 17.52 | 20.93 | 25.15 | 22.45 | 24.88 | 25.03 | 31.11 | 20.22 | 28.24 |
| OPM % | 30.23% | 31.65% | 35.53% | 31.32% | 31.20% | 32.52% | 30.81% | 36.76% | 37.89% | 36.51% | 34.74% | 29.90% | 33.98% |
| Other Income + | 0.74 | 0.49 | 0.41 | 1.64 | 4.25 | -0.13 | 0.48 | 0.63 | 1.46 | 0.71 | 0.48 | 0.50 | 0.92 |
| Interest | 2.03 | 1.69 | 1.86 | 1.87 | 1.81 | 1.85 | 1.71 | 2.16 | 2.29 | 3.02 | 2.88 | 2.53 | 2.79 |
| Depreciation | 8.08 | 8.20 | 5.85 | 7.98 | 10.34 | 11.95 | 13.39 | 12.30 | 14.05 | 15.75 | 17.10 | 15.95 | 14.28 |
| Profit before tax | 3.39 | 4.64 | 9.22 | 6.09 | 9.62 | 7.00 | 10.53 | 8.62 | 10.00 | 6.97 | 11.61 | 2.24 | 12.09 |
| Tax % | 20.65% | 27.80% | 31.56% | 25.62% | 24.95% | 25.14% | 25.45% | 25.29% | 25.20% | 25.11% | 26.18% | 25.00% | 25.23% |
| Net Profit + | 2.69 | 3.35 | 6.30 | 4.54 | 7.22 | 5.24 | 7.86 | 6.45 | 7.48 | 5.22 | 8.57 | 1.68 | 9.05 |
| EPS in Rs | 0.38 | 0.47 | 0.83 | 0.59 | 0.92 | 0.66 | 1.00 | 0.82 | 0.95 | 0.66 | 1.09 | 0.21 | 1.15 |
Financials of Tara Chand Infralogistic Solutions Ltd
Profit & Loss
Annual income statement trend
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 46 | 52 | 81 | 101 | 115 | 110 | 128 | 141 | 172 | 248 | 285 | 309 |
| Expenses + | 37 | 41 | 66 | 80 | 79 | 76 | 98 | 103 | 116 | 170 | 181 | 204 |
| Operating Profit | 9 | 11 | 15 | 21 | 35 | 34 | 30 | 38 | 56 | 78 | 104 | 105 |
| OPM % | 19% | 20% | 19% | 21% | 31% | 31% | 24% | 27% | 32% | 32% | 36% | 34% |
| Other Income + | 1 | 1 | 2 | 1 | 0 | 0 | 6 | 4 | 3 | 6 | 3 | 3 |
| Interest | 3 | 3 | 4 | 5 | 8 | 9 | 10 | 8 | 7 | 7 | 11 | 11 |
| Depreciation | 5 | 4 | 6 | 10 | 17 | 22 | 23 | 22 | 29 | 44 | 59 | 63 |
| Profit before tax | 2 | 4 | 6 | 7 | 11 | 3 | 3 | 13 | 22 | 33 | 37 | 33 |
| Tax % | 33% | 31% | 28% | 28% | 24% | 16% | 26% | 26% | 26% | 25% | 25% | |
| Net Profit + | 1 | 3 | 5 | 5 | 8 | 3 | 2 | 9 | 16 | 25 | 28 | 25 |
| EPS in Rs | 0.26 | 0.59 | 0.68 | 0.70 | 1.17 | 0.38 | 0.35 | 1.37 | 2.13 | 3.15 | 3.54 | 3.11 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 13% | 0% | 0% | 0% | 0% | 6% | 6% |
Financials of Tara Chand Infralogistic Solutions Ltd
Balance Sheet
Capital structure and asset base
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 16 | 16 | 16 |
| Reserves | 3 | 6 | 27 | 32 | 39 | 41 | 44 | 58 | 80 | 106 | 133 | 142 |
| Borrowings + | 30 | 41 | 55 | 51 | 86 | 105 | 94 | 87 | 85 | 112 | 138 | 181 |
| Other Liabilities + | 4 | 10 | 21 | 39 | 58 | 59 | 52 | 68 | 77 | 157 | 229 | 265 |
| Total Liabilities | 46 | 66 | 117 | 136 | 196 | 219 | 203 | 227 | 257 | 391 | 516 | 604 |
| Fixed Assets + | 28 | 39 | 64 | 85 | 131 | 139 | 124 | 144 | 180 | 272 | 355 | 431 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 18 | 28 | 53 | 51 | 65 | 80 | 80 | 83 | 77 | 119 | 162 | 173 |
| Total Assets | 46 | 66 | 117 | 136 | 196 | 219 | 203 | 227 | 257 | 391 | 516 | 604 |
Financials of Tara Chand Infralogistic Solutions Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 8 | 11 | 26 | 41 | 12 | 34 | 42 | 46 | 56 | 69 | |
| Cash from Investing Activity + | -14 | -31 | -29 | -63 | -29 | -13 | -26 | -55 | -58 | -78 | |
| Cash from Financing Activity + | 8 | 30 | -8 | 26 | 10 | -21 | -9 | -2 | 21 | 16 | |
| Net Cash Flow | 2 | 11 | -12 | 4 | -7 | 0 | 7 | -11 | 20 | 7 | |
| Free Cash Flow | -6 | -20 | -4 | -22 | -17 | 21 | 16 | -9 | -3 | -11 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 73% | 75% | 124% | 117% | 35% | 112% | 106% | 86% | 73% | 68% |
Financials of Tara Chand Infralogistic Solutions Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 101 | 130 | 127 | 140 | 208 | 178 | 139 | 112 | 88 | 119 |
| Inventory Days | 35 | 53 | 47 | 80 | 114 | 159 | 117 | 79 | 55 | 46 | |
| Days Payable | 84 | 73 | 107 | 72 | 158 | 203 | 153 | 142 | 79 | 176 | |
| Cash Conversion Cycle | 34 | 81 | 70 | 135 | 96 | 164 | 142 | 76 | 88 | -42 | 119 |
| Working Capital Days | -9 | 12 | 19 | 32 | 47 | 85 | 55 | 26 | 24 | 20 | 41 |
| ROCE % | 13% | 14% | 12% | 16% | 9% | 5% | 11% | 16% | 17% | 18% |
Guidance history
How Tara Chand Infralogistic Solutions Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Up 2%+ | Planned | — | Flat |
| Q4 FY26 call → | 20–40% | Flat | Planned | None planned | — |
| Q3 FY26 call → | 20–40% | Flat | Planned | — | Flat |
| Q2 FY26 call → | 20–40% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Tara Chand Infralogistic Solutions Ltd's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q1 FY26 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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