Shiprocket vs TCI Express: Share Price, Valuation and Results Compared

Shiprocket (NSE: SHIPROCKET) and TCI Express Ltd (NSE: TCIEXP) are both listed in the Express Logistics industry. Shiprocket has a market capitalisation of ₹8,683 Cr and TCI Express ₹1,892 Cr, as of 9 Nov 2026.

Shiprocket vs TCI Express — Key Figures

MetricShiprocketTCI Express
NSE SymbolSHIPROCKETTCIEXP
BSE Code544871540212
Share Price₹129.50₹480.20
Market Cap₹8,683 Cr₹1,892 Cr
P/E RatioNot meaningful (loss)23.3
Return on Equity—10.29%
Return on Assets-2.66%6.60%
Dividend Yield—2.84%
Beta (1Y)0.610.3
1-Year Price Change—-29.2%
3-Month Price Change—-12.1%
52-Week Range₹116.40 – ₹156.90₹447.55 – ₹645.00
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹674 Cr₹338 Cr
Quarterly Net Profit₹1 Cr₹23 Cr
Net Margin0.1%6.9%
EPS (Basic, Quarter)₹0.01₹5.74
Results Basisconsolidatedconsolidated
HeadquartersGurugram, HaryanaGurugram, Haryana

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Shiprocket

Shiprocket Limited provides e-commerce enablement platform solutions in India. It offers Shiprocket Shipping, an e-commerce shipping platform that automates workflows across sales channels; ShiprocketX, an end-to-end cross border solution; Shiprocket Fulfillment, a warehousing, and packaging and shipping solution; Shiprocket Engage 360, a marketing platform; and Shiprocket Capital, a revenue-based financing platform. The company also provides Shiprocket Packaging for packaging solutions; Shiprocket Checkout, a platform that enables a one-click checkout for e-commerce websites; Shiprocket Cargo…

TCI Express Ltd

TCI Express Limited provides express delivery solutions in India and internationally. It provides surface express; domestic and international air express; e-commerce express; C2C express; rail express; and cold chain express services. The company serves automotive and auto component, textile and lifestyle, consumer durables, pharmaceuticals and cold chain, engineering, retail, e-commerce, telecom, food processing, and defense and aerospace industries. The company was formerly known as TCI Properties (Pune) Limited. TCI Express Limited was founded in 1996 and is based in Gurugram, India.

Frequently Asked Questions

Which is larger by market cap, Shiprocket or TCI Express?

Shiprocket has a market capitalisation of ₹8,683 Cr, against ₹1,892 Cr for TCI Express as of 9 Nov 2026, about 4.6 times the size by market cap.

What were the latest quarterly results of Shiprocket and TCI Express?

Shiprocket reported revenue of ₹674 Cr and net profit of ₹1 Cr for Q2 FY27. TCI Express reported revenue of ₹338 Cr and net profit of ₹23 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are Shiprocket and TCI Express in?

Both are classified under Logistics > Express Logistics on FinBizNet.

Is this comparison a recommendation to buy or sell Shiprocket or TCI Express?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.