TCI Industries Limited (532262) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of TCI Industries Limited stock ₹114, price ₹1,115, upside -89.8%, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 20, 2026.
How to read this chart
60‑month range ₹390.10 – ₹2,076 · fair‑value band ₹85.51 – ₹142.52 · the ₹1,115 price screens above the ₹114.02 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 20, 2026.
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TCI Industries Limited engages in the real estate activities. The company was formerly known as Transport Corporation of India Ltd. and changed its name to TCI Industries Limited in January 1999. TCI Industries Limited was incorporated in 1965 and is based in Mumbai, India.
Stock analysis
TCI Industries Limited (532262) currently trades at ₹1,115, while our model-based Fair Value estimate is ₹114.02, 89.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹236.50 per share, and 0 of the 14 models we run sit above the ₹1,115 price.
Bear case: the Economic Profit group reads lowest at ₹59.06, and 14 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹85.51 (bear) to ₹142.52 (bull), the price of ₹1,115 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Industrial Goods sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
TCI Industries Limited reported revenue of ₹50.6M in FY2026 versus ₹14.3M in FY2022, a compound +37.3%/yr. Reported net income was ₹4.9M in FY2026.
Key figures
Market cap ₹408M (≈ $4.3M) Micro · P/S ratio 17.8 · EPS (TTM) ₹−4.45 · Net margin 9.6% · Return on assets (EBIT) −6.8% · Operating margin −14.5% · Revenue (TTM) ₹22.9M · Revenue growth (YoY) +203%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (low confidence).
What moves the price
The share trades about 29% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrial Goods peers we cover trades at 1% fair-value upside, at −90%, 532262 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹59.06 to ₹770.69). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹85.51Fair Value ₹114.02Bull₹142.52
Price ₹1,115 · Upside -89.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+78.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+38.1%
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.0%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−385.8% (2021) → 10.9% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Textile Industrial” was too small, so the broader sector is used.)Real Estate · 1813 stocks
Beats the sector median on 3/10 measures
Overall it trails its sector peers.
Valuation
Quality Score45 · Below median
Fair Value upside−89.8% · Bottom 25%
Profitability
Return on assets2.6% · Above median
Net margin (12 months)−12.7% · Bottom 25%
Operating margin (12 months)−14.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)202.5% · Top 25%
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.02× · Lowest 25%
Valuation Multiplesvs Real Estate median · lower = cheaper
P/B2.66× · Priciest 25%
P/S (12 months)17.83× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 40
FUTURE (revenue growth)100· sector 12
PAST (return on equity)0· sector 16
HEALTH (low debt)99· sector 78
DIVIDEND (yield)0· sector 83
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is TCI Industries Limited (532262) overvalued or undervalued?
As of Oct 20, 2026, our model estimates a fair value of ₹114.02 versus a price of ₹1,115, about −90% upside (overvalued).
What is the fair value of 532262?
Our model-based fair value for TCI Industries Limited is ₹114.02 (as of Oct 20, 2026), built from audited fundamentals. The current price: ₹1,115.
What is the quality score of 532262?
TCI Industries Limited has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for TCI Industries Limited (532262)?
Our model-based price target is the fair value of ₹114.02 (as of Oct 20, 2026) from 14 valuation models. Cautious scenario ₹85.51, optimistic scenario ₹142.52. It is a calculation from audited fundamentals, not an analyst target.
What is the TCI Industries Limited stock forecast for 2026?
Our models put fair value at ₹114.02, about −90% upside versus a price of ₹1,115 (overvalued). Cautious scenario ₹85.51, optimistic scenario ₹142.52. The calculation is refreshed regularly with new filings.
What is the revenue of TCI Industries Limited (532262)?
TCI Industries Limited reported trailing-twelve-month revenue of about ₹22.9M (latest available figure, as of Oct 20, 2026).
What is the intrinsic value of TCI Industries Limited (532262)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TCI Industries Limited it is ₹114.02 per share (as of Oct 20, 2026), against a price of ₹1,115. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is TCI Industries Limited stock overvalued or undervalued in 2026?
As of Oct 20, 2026, 532262 trades above its calculated fair value: price ₹1,115, fair value ₹114.02, a gap of about −90% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 532262?
No. The price is what the market pays today (₹1,115); the fair value is what the company's own numbers justify (₹114.02). For TCI Industries Limited the two are ₹1,001 per share apart. That gap is exactly why we show both numbers side by side.
How much is TCI Industries Limited worth?
The market values TCI Industries Limited at about ₹408M (market capitalisation, as of Oct 20, 2026). Per share that is ₹1,115; our models calculate a fair value of ₹114.02 per share.
What do the bullish and bearish scenarios say about 532262?
Our models span a range for TCI Industries Limited: cautious scenario ₹85.51, base ₹114.02, optimistic ₹142.52 per share (as of Oct 20, 2026, price ₹1,115). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of TCI Industries Limited (532262)?
Balance-sheet figures for TCI Industries Limited (as of Oct 20, 2026): debt of 0.02 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 532262 from its 52-week high?
TCI Industries Limited trades at ₹1,115, about 29% below its 52-week high of ₹1,575 and 3% above the low of ₹1,085 (as of Oct 16, 2026). Distance from the high says nothing about value: that is what the fair value of ₹114.02 is for.
Which stocks are comparable to TCI Industries Limited?
From the same area (Industrial Goods) we also value Raymond Limited, LAHOTIOV, BETXIND, Deepak Spinners Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is TCI Industries Limited stock attractive at the current price?
The data as of Oct 20, 2026: price ₹1,115, calculated fair value ₹114.02 (−90%), Quality Score 45/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 532262 calculated?
We run TCI Industries Limited through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹114.02, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.8 % above its aggregate fair value. TCI Industries Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of TCI Industries Limited (532262)?
The closing price on Oct 16, 2026 was ₹1,115. Our model-based fair value is ₹114.02, about −90% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TCI Industries Limited right now?
The price sits above even our optimistic bull case (₹142.52). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of TCI Industries Limited
How large is the market capitalisation of TCI Industries Limited (532262)?
The market capitalisation of TCI Industries Limited is ₹408M (≈ $4.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of TCI Industries Limited (532262)?
The price-to-sales ratio of TCI Industries Limited is 17.8 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of TCI Industries Limited (532262)?
Earnings per share at TCI Industries Limited are ₹−4.45. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of TCI Industries Limited (532262)?
The net margin of TCI Industries Limited is 9.6% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of TCI Industries Limited (532262)?
On an EBIT basis the return on assets of TCI Industries Limited is −6.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of TCI Industries Limited (532262)?
The operating margin of TCI Industries Limited is −14.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TCI Industries Limited (532262)?
Revenue at TCI Industries Limited is growing +203% versus a year earlier (3y avg +38.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does TCI Industries Limited (532262) generate?
The free cash flow of TCI Industries Limited is −₹7.4M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does TCI Industries Limited (532262) carry?
The net debt of TCI Industries Limited is ₹8.8M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 20, 2026