Transcript of Con-Call-Q1 FY 2026-27

Dated: August 12, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street-Mumbai-400001 Bandra Kurla Complex, Bandra (E) Mumbai-400051 Scrip Code: 540212 Scrip Symbol: TCIEXP Sub: Transcript of Earnings Call for the Quarter Ended June 30, 2026 Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, This is in furtherance to our letter dated August 06, 2026, whereby the Company had submitted the link to the audio recording of the Earning Call held post announcement of the Un-Audited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026. Pursuant to the Regulation 30 (6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find enclosed the transcript of the said Earnings Call, for your information and records. The transcript of the earnings call is also available on the Company’s website at https://www.tciexpress.in/investor-analyst-corner.aspx?invid=16&key=c74d97b01eae257e44aa9d5bade97baf We request you to take the above information on record. Thanking you For TCI Express Limited PRIYANKA (Company Secretary & Compliance Officer) 91 40 27840104 Website: www.tciexpress.in Corporate Office: Plot No. 84, 3rd Floor, 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 “TCI Express Limited Q1 FY27 Earnings Conference Call” August 06, 2026 MANAGEMENT: MR. CHANDER AGARWAL – MANAGING DIRECTOR – TCI EXPRESS LIMITED MR. MUKTI LAL – EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER – TCI EXPRESS LIMITED MR. PABITRA PANDA – CHIEF BUSINESS OFFICER – TCI EXPRESS LIMITED MODERATOR: MR. HARSHIL SHAH – PHILIPCAPITAL INDIA PRIVATE LIMITED Page 1 of 12 TCI Express Limited August 06, 2026 Moderator: Ladies and gentlemen, good day and welcome to TCI Express Q1 FY27 Earnings Conference Call, hosted by PhilipCapital (India) Limited. Before we begin, a brief disclaimer, this conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not the guarantees of future performance and it may involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing '*' then '0' on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Harshil Shah from PhilipCapital (India) Private Limited. Thank you and over to you, sir. Harshil Shah: Thank you, Pallav. Good day and a very warm welcome to everyone. Thank you for being on the call of TCI Express Limited. We are happy to have the management with us here for a Q&A session with the investment community. The management is represented by Mr. Chander Agarwal, Managing Director; Mr. Mukti Lal, Executive Director and CFO; and Mr. Pabitra Panda, Chief Business Officer. Before we start with the Q&A session, we will have opening comments from the management. I will now hand over the call to Mr. Chander Agarwal for the opening comments. Over to you, sir. Chander Agarwal: Thank you. Good evening everyone and welcome to the Q1 Financial Year 27 earnings conference call of TCI Express Limited. I would like to thank all of you for joining us today. I hope you and your families are doing well. Our earnings presentation for the quarter has already been shared on the company's website and with the stock exchanges, and I trust you've had the opportunity to review it. I will start with an overview of our business performance and key strategic initiatives for the quarter. Following this, our Executive Director and CFO, Mr. Mukti will take you through the financials in detail. The first quarter Financial Year’ 27 marked a positive start to the financial year with the company delivering strong broad-based growth across every operating segment. Total income was INR 315 crores, up 9% year-on-year, powered by customer additions, expansion of our operating network, and sharp execution across the business. Demand continued to be healthy across manufacturing, especially in pharmaceuticals, engineering, Electric, auto vehicles, and SME-led shipments, and the accelerating shift towards outsourced logistics players added directly to our strengths. Page 2 of 12 TCI Express Limited August 06, 2026 The industry as a whole saw elevated operating costs and competitive pricing in certain segments, but our discipline and our focus on service quality and our investment in technology kept us firmly ahead of the curve. Surface Express remained the largest contributor of our business, growing at a healthy 9% year-on-year, strong volumes from existing customers, new accounts, and robust industrial growth. We expanded our branch network and opened new facilities at strategic locations, cementing our position across key commercial corridors. The momentum wasn't limited to Surface Express. Domestic Air Express grew at an outstanding 29% year-on-year, driven by enterprise account growth, more direct airport deliveries, and a dedicated key account management team we built to raise the bar on customer service, backed by automation across flight management, pricing, and invoicing. International Express grew a strong 27% on new customers, win-backs, and expanded global carrier partnerships. Rail Express added operational branches, shortening pickup density and transit connectivity across major commercial corridors. The star of the quarter was our E-commerce Express business, which surged 63% year- on-year to become our fastest-growing service vertical by a wide margin, driven by rising volumes from E-commerce platforms and direct-to-consumer brands, along with our continued investment in fulfillment and last-mile delivery. C2C Express also stepped up impressively, adding new clients, wider regional branch coverage, and a larger dedicated vehicle fleet. Across these business verticals, we continued to invest in technology integration, sharpened operational visibility, and deepened customer engagement to deliver faster, more efficient, and reliable logistics solutions for our customers. Meanwhile, we remain completely debt-free, a position that gives us real strategic flexibility with continued discipline on costs and operational efficiency. This quarter, we also continued to strengthen our multi-modal logistics capabilities through technology-led initiatives. We have launched an upgraded Android and iOS mobile app along with an enhanced customer portal giving customers greater convenience, enhanced shipment visibility, and a better experience end-to-end. Beyond business performance, we continued our commitment towards community development through the TCI Express Foundation. During the quarter, our artificial limb center supported 217 beneficiaries with artificial limbs and other mobility devices. Page 3 of 12 TCI Express Limited August 06, 2026 Our archery academy in Jharkhand also continued to nurture young sporting talent by providing structured coaching and regular training to at least 50 young athletes, reflecting our continued commitment towards inclusive and sustainable social development. Looking ahead, we are excited to keep investing in multi-modal logistics capabilities, technology-led operations, and customer engagement across every vertical. With a strong balance sheet and expanding network and with the real momentum with us, TCI Express is exceptionally well-positi [Showing first 8,000 characters — download PDF for full document]