Tejascargoindia earnings calls.

Tejas Cargo India delivered solid top-line growth of 25.2% YoYCurrent reported value: 25.2% YoY. No comparable prior figure is available in the source record. to INR 636.5Current reported value: 636.5. No comparable prior figure is available in the source record. CR in FY26, driven by fleet expansion (1,339 vehiclesCurrent 1,339 vehicles. Reported change: +140 net additions.) and higher trip volumes. However, EBITDA margins compressed 240 bps YoYCurrent reported value: 240 bps YoY. No comparable prior figure is available in the source record. to 18.4Current reported value: 18.4. No comparable prior figure is available in the source record.% due to elevated market hiring costs and rising insurance and toll expenses. PAT grew modest 9.4%Current reported value: 9.4%. No comparable prior figure is available in the source record. to INR 20.9Current reported value: 20.9. No comparable prior figure is available in the source record. CR. The company made meaningful progress on diversification with new verticals (mining, fly ash, coal, freight forwarding) contributing 5.5% of revenueCurrent 5.5% of revenue. Reported change: New segment in FY26., including a 5-year CNMDC bauxite mining contract worth INR 35-40 CR. EBITDA margin pressure remains a concern given the market hiring cost increase from 7.31% to 6.04% contribution. Management targets FY27 revenue growth in line with FY26, with potential upside of >20% if EV and mining contracts materialize. Risks include competitive pressures on margins, execution challenges in new verticals, and fuel price volatility despite diesel escalation clauses.