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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹442 Cr.
Stock P/E
17.8
P/B
3
Current Price
₹56
Book Value
₹ 18.9
Face Value
2
52W High
₹103.7
52W Low
₹ 53
Dividend Yield
0%

Tara Chand Infra. Overview

Business

Tara Chand Infralogistic Solutions Ltd. is an integrated logistics and supply chain solutions provider based in India. The company specializes in offering comprehensive logistics services, with a significant focus on "Project Logistics." Its core services include freight forwarding (road, rail, air, and sea), customs clearance, warehousing and distribution, heavy haulage, Over Dimensional Cargo (ODC) movement, and port handling/stevedoring. The company caters to diverse sectors such as power, oil & gas, infrastructure, renewables, and manufacturing, providing end-to-end solutions for complex and large-scale projects. Revenue is generated by executing these specialized transportation and handling projects, managing supply chains, and offering various logistics services, typically charged based on the scope, complexity, and type of service rendered.

Revenue Mix

While specific revenue percentages are not publicly detailed without access to full financial reports, the company's service offerings indicate the following operational segments:

Project Logistics & Heavy Haulage/ODC: This appears to be a core specialization, involving the movement of large, heavy, or oversized equipment critical for industrial and infrastructure projects. This segment likely contributes significantly due to its specialized nature and higher value per project.

Freight Forwarding: Encompasses multimodal transportation services (road, rail, air, sea) for general cargo, serving various industries.

Warehousing & Distribution: Provides storage, inventory management, and distribution services as part of integrated supply chain solutions.

Customs Clearance & Port Services: Offers crucial support services for international trade, including customs brokerage, stevedoring, and other port-related handling.

Industry

The Indian logistics sector is a vast and growing market, characterized by fragmentation, increasing formalization, and significant government focus on infrastructure development (e.g., National Logistics Policy, Gati Shakti). Tara Chand Infralogistic Solutions positions itself as an integrated logistics provider with a distinct specialization in the niche of Project Logistics, ODC, and heavy haulage. This focus differentiates it from general freight carriers or express delivery companies. It competes with other specialized project logistics firms and the project divisions of larger, diversified logistics conglomerates. Its specialization allows it to address complex industrial requirements, potentially commanding higher margins compared to commoditized logistics services.

MOAT

Specialized Expertise & Equipment: The company possesses specialized knowledge, permits, and equipment (such as multi-axle trailers, hydraulic modular trailers, cranes) required for handling Over Dimensional Cargo and heavy lifts. This acts as a barrier to entry for general logistics players.

Client Relationships & Track Record: Successful execution of large-scale, complex projects for industrial and infrastructure clients builds trust and long-term relationships, leading to repeat business and referrals.

Integrated Solutions Capability: The ability to offer end-to-end solutions, from planning and customs clearance to transportation and site delivery, adds significant value for clients and streamlines their project execution.

Regulatory Knowledge: Expertise in navigating complex regulatory landscapes, obtaining necessary permits for ODC movement across states, and customs procedures provides a crucial operational advantage.

Growth Drivers

Infrastructure Spending: The Indian government's substantial investments in infrastructure projects (roads, ports, railways, industrial corridors) and initiatives like the National Infrastructure Pipeline (NIP) and Gati Shakti master plan will drive sustained demand for project logistics and heavy haulage.

Manufacturing & Industrial Growth: The "Make in India" initiative and expansion of core manufacturing sectors (e.g., capital goods, cement, steel, automotive, renewables) will increase the need for specialized logistics to transport machinery and components.

Energy Transition: Growth in the renewable energy sector (wind, solar) requires specialized logistics for transporting large components like wind turbine blades and heavy equipment.

Economic Growth: Overall robust economic growth in India translates into increased industrial activity, trade, and consumption, boosting demand across the logistics value chain.

Logistics Sector Reforms: Continued benefits from GST implementation and the National Logistics Policy improving efficiency, formalization, and reducing transit times.

Risks

Project Cyclicality: Demand for project logistics is closely tied to the capital expenditure cycles of industries and government infrastructure spending, which can be volatile and subject to economic fluctuations.

Fuel Price Volatility: Fuel costs are a major operational expense. Significant and sustained increases in fuel prices can impact profitability if not effectively hedged or passed on to clients.

Intense Competition: While specialized, the logistics sector remains competitive with other niche players and the project divisions of larger, diversified logistics conglomerates vying for contracts.

Regulatory & Permitting Challenges: Navigating diverse state-level regulations and obtaining timely permits for ODC movement can lead to operational delays and increased costs.

Infrastructure Bottlenecks: Despite improvements, persistent infrastructure bottlenecks in certain regions (e.g., road quality, port congestion) can still impede operations and increase transit times.

Capital Intensity: Acquiring and maintaining specialized heavy haulage equipment requires substantial capital investment and ongoing maintenance, impacting cash flow.

Management & Ownership

Tara Chand Infralogistic Solutions Ltd. is a promoter-led company. Mr. Tara Chand Agarwal serves as the Chairman & Managing Director, indicating a hands-on leadership approach. Promoter groups typically hold a significant stake in such companies, providing stability and aligning management interests with long-term growth. The management team likely possesses deep industry experience and operational expertise, critical for successfully executing complex project logistics. The ownership structure includes a substantial promoter holding, with the remaining shares held by the public, comprising institutional and retail investors.

Outlook

Tara Chand Infralogistic Solutions Ltd. is strategically positioned to capitalize on India's burgeoning infrastructure and industrial growth. Its specialized focus on high-value Project Logistics and Heavy Haulage gives it a distinct advantage in a market segment set for significant expansion due to government initiatives and manufacturing push. The company's proven expertise and established client relationships provide a solid foundation for securing new complex projects.

However, the company faces inherent risks associated with project cyclicality, high operating costs influenced by fuel price volatility, and competition. Sustaining growth will depend on its ability to continuously secure large-scale projects, efficiently manage its capital-intensive assets, adapt to evolving regulatory environments, and mitigate operational challenges. While the long-term outlook for specialized logistics in India appears favorable, successful navigation of economic cycles and competitive pressures will be key to its performance.

Tara Chand Infra. Share Price

Live · NSE · Inception: 2012
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Tara Chand Infra. Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Jun 2025 Sep 2025 Dec 2025
Net Sales 39 42 44 46 46 56 64 61 66 69
Other Income 1 1 0 0 2 4 -0 1 1 1
Total Income 40 43 45 47 47 60 64 62 67 69
Total Expenditure 27 29 30 30 31 39 43 39 41 44
Operating Profit 13 14 15 17 16 22 21 23 26 26
Interest 2 2 2 2 2 2 2 2 2 3
Depreciation 7 8 8 6 8 10 12 12 14 16
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 3 5 9 6 10 7 9 10 7
Provision for Tax 1 1 1 3 2 2 2 2 3 2
Profit After Tax 4 3 3 6 5 7 5 6 7 5
Adjustments -0 0 0 0 0 0 0 -0 0 0
Profit After Adjustments 4 3 3 6 5 7 5 6 7 5
Adjusted Earnings Per Share 0.5 0.4 0.5 0.8 0.6 0.9 0.7 0.8 0.9 0.7

Tara Chand Infra. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 39 46 52 81 101 115 110 128 141 172 248 260
Other Income 0 1 1 2 1 0 2 2 4 3 6 3
Total Income 39 46 53 83 102 115 113 130 145 175 254 262
Total Expenditure 30 36 41 66 80 80 76 98 103 117 170 167
Operating Profit 9 10 12 17 21 36 37 32 42 58 84 96
Interest 4 3 3 4 5 8 9 9 8 7 7 9
Depreciation 5 5 4 6 10 17 22 23 22 29 44 54
Exceptional Income / Expenses 0 0 0 0 0 0 -2 3 1 0 0 0
Profit Before Tax 1 2 4 6 7 11 3 3 13 22 33 33
Provision for Tax 0 1 1 2 2 3 0 1 3 6 8 9
Profit After Tax 1 1 3 5 5 8 3 2 9 16 25 23
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 3 5 5 8 3 2 9 16 25 23
Adjusted Earnings Per Share 0.1 0.3 0.6 0.7 0.7 1.2 0.4 0.3 1.4 2.1 3.2 3.1

Tara Chand Infra. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 11 12 15 41 46 52 55 57 72 95 121
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 22 19 27 34 26 56 66 49 46 47 70
Other Non-Current Liabilities 1 0 4 11 28 47 46 40 54 64 138
Total Current Liabilities 14 15 20 31 36 41 52 56 54 50 61
Total Liabilities 48 46 66 117 136 196 219 203 227 257 391
Fixed Assets 30 28 39 64 85 131 139 124 144 180 272
Other Non-Current Assets 1 0 0 0 1 0 0 1 7 14 24
Total Current Assets 17 18 28 52 50 65 80 78 76 62 95
Total Assets 48 46 66 117 136 196 219 203 227 257 391

Tara Chand Infra. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 4 6 17 5 9 3 4 12 0
Cash Flow from Operating Activities 0 10 8 11 26 41 12 34 42 46 56
Cash Flow from Investing Activities -5 -1 -14 -31 -29 -63 -29 -13 -26 -55 -58
Cash Flow from Financing Activities 5 -6 8 30 -8 26 10 -21 -9 -2 21
Net Cash Inflow / Outflow 0 2 2 11 -12 4 -7 0 7 -11 20
Closing Cash & Cash Equivalent 2 4 6 17 5 9 3 3 12 0 20

Tara Chand Infra. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.15 0.25 0.59 0.68 0.7 1.17 0.38 0.35 1.37 2.13 3.15
CEPS(Rs) 1.14 1.25 1.5 1.61 2.17 3.69 3.64 3.74 4.66 6 8.69
DPS(Rs) 0 0 0 0 0 0.15 0 0 0 0 0.2
Book NAV/Share(Rs) 2.41 2.66 3.27 5.99 6.69 7.68 8.05 8.4 9.77 12.28 15.36
Core EBITDA Margin(%) 23.34 20.22 20.29 18.55 20.39 30.65 31.03 23.6 23.6 28.1 26.87
EBIT Margin(%) 12.1 11.17 14.07 13.16 11.25 16.04 11.05 9.92 12.55 14.67 13.99
Pre Tax Margin(%) 2.55 3.89 7.76 7.93 6.54 9.18 2.77 2.52 7.79 10.98 11.44
PAT Margin (%) 1.77 2.6 5.35 5.69 4.7 6.95 2.33 1.85 5.75 8.16 8.55
Cash Profit Margin (%) 13.64 12.78 13.53 13.53 14.64 21.95 22.58 19.91 19.55 23.03 23.58
ROA(%) 1.5 2.53 4.93 5.04 3.76 4.8 1.24 1.12 4.35 6.67 7.67
ROE(%) 6.35 10.04 20.01 16.41 10.97 16.25 4.78 4.23 15.09 20.18 23.21
ROCE(%) 11.83 11.85 14.68 13.96 11.77 15.63 8.15 8.17 13.17 17.12 19.71
Receivable days 101.48 89.77 86.73 96.96 115.28 125.51 176.73 178.13 129.97 98.28 70.84
Inventory Days 2.67 4.88 7.69 7.95 9.66 10.54 14.43 12.76 7.41 4.57 2.25
Payable days 80.03 84.92 69.82 75.68 94.42 128.76 171.14 186.35 134.23 113.69 128.58
PER(x) 0 0 0 14.66 10.58 5.94 17.59 28.75 12.4 17.17 19.69
Price/Book(x) 0 0 0 1.65 1.1 0.9 0.82 1.19 1.74 2.97 4.04
Dividend Yield(%) 0 0 0 0 0 2.16 0 0 0 0 0.32
EV/Net Sales(x) 1.01 0.77 0.86 1.3 0.95 1.08 1.34 1.24 1.36 2.1 2.35
EV/Core EBITDA(x) 4.23 3.59 3.87 6.2 4.49 3.48 4.04 4.91 4.57 6.2 6.9
Net Sales Growth(%) 63.77 17.17 13.25 56.43 24.71 13.58 -3.98 16.42 10.04 21.95 44.06
EBIT Growth(%) 88.98 8.15 42.63 46.41 6.56 61.94 -33.82 4.51 60.59 41.87 40.3
PAT Growth(%) 5.52 71.69 133.1 66.4 3.05 67.83 -67.81 -7.45 294.28 72.42 54.08
EPS Growth(%) 5.52 71.69 133.1 13.73 3.05 67.83 -67.81 -7.45 294.29 55.03 48.32
Debt/Equity(x) 2.89 2.42 2.72 1.35 1.12 1.64 1.92 1.64 1.31 0.91 0.93
Current Ratio(x) 1.22 1.22 1.4 1.7 1.39 1.58 1.55 1.4 1.4 1.23 1.54
Quick Ratio(x) 1.19 1.17 1.33 1.63 1.3 1.5 1.44 1.33 1.34 1.19 1.52
Interest Cover(x) 1.27 1.53 2.23 2.51 2.39 2.34 1.34 1.34 2.64 3.98 5.49
Total Debt/Mcap(x) 0 0 0 0.82 1.02 1.82 2.33 1.37 0.75 0.31 0.23

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +44% +25% +17% +20%
Operating Profit CAGR +45% +38% +18% +25%
PAT CAGR +56% +132% +26% +38%
Share Price CAGR -6% +47% +50%
ROE Average +23% +19% +14% +13%
ROCE Average +20% +17% +13% +13%

Tara Chand Infra. Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 71.64 %
FII 0.13 %
DII (MF + Insurance) 0 %
Public (retail) 28.36 %
# Sep 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.3469.6869.6269.6169.670.6770.6870.6871.1471.64
FII 00000.040.140.140.070.110.13
DII 00000.5100000
Public 26.6630.3230.3830.3930.429.3329.3229.3228.8628.36
Others 0000000000
Total 100100100100100100100100100100

Tara Chand Infra. Peer Comparison

Logistics Edit Columns

Tara Chand Infra. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Tara Chand Infra. Pros & Cons

Pros

  • Company has delivered good profit growth of 25% CAGR over last 5 years

Cons

  • Debtor days have increased from 113.69 to 128.58days.
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