TCI Express Limited (TCIEXP) announced its standalone financial results for the quarter and half year ended September 30, 2026. The company reported an 8.9% YoY revenue growth to Rs. 335.9 crore, while EBITDA rose 10.8% YoY to Rs. 43 crore, marking the highest EBITDA margin of 12.7% in the last five quarters.

Revenue and EBITDA Growth

The growth was primarily driven by the E-Commerce Express segment, which surged 51.6% YoY, followed by Domestic Air Express (up 29.4% YoY) and International Air Express (up 26.1% YoY). Surface Express, the company’s largest business, continued to deliver healthy growth of 9.4% YoY.

Strategic Investments

Continued investment in network infrastructure and technology during the quarter further enhanced the company’s multimodal capabilities. This strategic move positions TCI Express well for the second half of the year. Mr. Chander Agarwal, Managing Director of TCI Express, emphasized the company’s focus on deepening relationships with enterprise customers and investing in network and technology to build on this momentum.

Community Development

Apart from business priorities, TCI Express remains committed to community development through the TCI Express Foundation. During H1 FY27, the Artificial Limb Initiative supported 489 beneficiaries, while the Archery Academy in Jharkhand provided structured training to 52 young athletes.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TCI Express Limited

TCI Express Limited belongs to the Industrials › Integrated Freight & Logistics sector. Here’s a quick read on where the business and the stock stand today.

TCI drops 17.1% over three months and trades near its 52-week lows. Thin margins at 6.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at -0.1% CAGR. That signals structural headwinds, not a short-term blip. The stock sits at 13% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at -0.1% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of TCI Express Limited.

Indian Hume Pipe Co. Ltd. (INDIANHUME) has announced its financial performance for Q2 FY27, showcasing a remarkable 104% revenue surge and a 16% increase in EBITDA. The company’s robust performance is driven by strong operating margins and substantial cash flows from real estate monetization.

Revenue and Profit Growth

The company reported a revenue of INR 299.13 crore for Q2 FY27, marking a significant 104% increase compared to the same period last year. The net profit for the quarter stood at INR 22.75 crore, reflecting a 7.93% growth compared to the previous year.

EBITDA and Margins

EBITDA for the quarter was INR 46.82 crore, showing a 16.33% margin. This growth is attributed to the company’s efficient operational strategies and successful project execution.

Real Estate Developments

Indian Hume Pipe Co. Ltd. continues to leverage its real estate assets for additional revenue streams. The company has successfully monetized land parcels in Bangalore and Hyderabad, contributing to the overall cash flow. Additionally, the development projects in Pune are progressing well, with several towers nearing completion.

Looking ahead, the company expects to commence execution on a new INR 630 crore order in Rajasthan by Q3 FY27, further boosting its order book and revenue growth.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indian Hume Pipe Company Limited

Indian Hume Pipe Company Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

Indian falls 10.0% over three months and has not found a floor yet. The PEG of 0.36 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue contracts at -5.5% CAGR. That signals structural headwinds, not a short-term blip. The stock gains 2.7% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at -5.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Indian Hume Pipe Company Limited.

Happy Forgings Limited (NSE: HAPPYFORGE) has delivered record-breaking quarterly performance for Q2 FY27, showcasing a robust 33% year-on-year revenue growth and a 32.8% increase in PAT. The company’s consolidated revenue from operations surged to Rs. 501 crores, marking a significant milestone as it crossed the Rs. 500 crore mark for the first time.

Key Financial Highlights

The company’s financial performance was driven by a 24.8% increase in finished goods volume to 18,754 MT and a 6.3% rise in realisation to Rs. 267/kg. The gross profit grew by 33.8% to Rs. 305 crores, while EBITDA and PAT increased by 32.2% and 32.8% respectively.

Sector and Product Mix

The diversified product mix contributed to the strong performance, with machined products accounting for 90% of revenues in H1FY27. The company’s sector mix also showed healthy growth across commercial vehicles, farm equipment, industrials, and off-highway vehicles.

As a result, Happy Forgings Limited remains optimistic about the remainder of FY27, expecting continued strong demand and production volumes to meet or exceed volume growth guidance.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Happy Forgings Limited

Happy Forgings Limited belongs to the Industrials › Metal Fabrication sector. Here’s a quick read on where the business and the stock stand today.

Happy posts a 17.3% three-month gain, but softens in the last few weeks. The PEG stands at 4.11 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gives back 13.4% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 17.3% in three months on 9.8% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Happy Forgings Limited.