---
title: "Timescan Logistics (India) Ltd (TIMESCAN) — Share Price, Financials & Analysis"
symbol: "TIMESCAN"
company: "Timescan Logistics (India) Ltd"
canonical: "https://tapetide.com/stocks/TIMESCAN"
isin: "INE0IJY01014"
nse_symbol: "TIMESCAN"
sector: "Services"
industry: "Transport Services"
market_cap_cr: 27.6
generated_at: "2026-09-13T19:33:21.010Z"
---

# Timescan Logistics (India) Ltd (TIMESCAN)

Canonical page: https://tapetide.com/stocks/TIMESCAN

## Company

- **NSE Symbol:** TIMESCAN
- **ISIN:** INE0IJY01014
- **Sector:** Services
- **Industry:** Transport Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2022-01-12
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 2006, Timescan Logistics (India) Ltd is engaged in logistics and related allied services[1]

## Latest Price

- **Price:** ₹39.5
- **Change:** 0 (0%)
- **Open:** ₹39.5
- **Day High:** ₹39.5
- **Day Low:** ₹39.5
- **Previous Close:** ₹39.5
- **Volume:** 6000
- **As Of:** 2026-09-09T09:59:22+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:59.214714Z.

- **Market Cap:** ₹27.6 Cr
- **Classification:** SME
- **P/E (reported):** 4.5
- **Book Value:** ₹46.52
- **Price to Book:** 0.85
- **Dividend Yield:** 1.27%
- **ROE:** 22.32%
- **ROCE:** 30.04%
- **Debt to Equity:** 0.24
- **Revenue (yearly):** ₹341.14 Cr
- **Net Income:** ₹6.28 Cr
- **EBITDA:** ₹10.15 Cr
- **52-Week High:** ₹65
- **52-Week Low:** ₹37.3
- **RSI (14):** 45.94

## Key Insights

### Strengths

- Stock is trading at 0.85 times its book value
- Company has delivered good profit growth of 36.0% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 38.5 to 50.2 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -26.06% | -77.59% | 186.22% |
| ebitda margin growth | 162.5% | -22.25% | 2.41% | — |
| net income growth | 275% | 6.44% | 19% | 36% |
| revenue growth | 45.22% | 32.12% | 13% | 24% |
| roce | 183.1% | 24.96% | 24.96% | — |
| roe | 253.66% | 19.94% | 20.47% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 67 | 102 | 116 | 87 | 96 | 106 | 121 | 137 | 125 | 170 |
| Expenses | 64 | 100 | 113 | 84 | 94 | 102 | 118 | 130 | 122 | 163 |
| Operating Profit | 3 | 2 | 3 | 3 | 2 | 3 | 3 | 7 | 3 | 7 |
| OPM % | 4.3 | 1.6 | 2.6 | 3.4 | 2.1 | 3.3 | 2.6 | 4.8 | 2.6 | 4.1 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Profit before tax | 3 | 1 | 3 | 2 | 2 | 3 | 2 | 5 | 3 | 6 |
| Tax % | 28 | 24 | 25 | 25 | 22 | 27 | 26 | 25 | 26 | 25 |
| Net Profit | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 4 |
| EPS in Rs | 3.65 | 1.5 | 2.79 | 2.53 | 1.93 | 3.5 | 2.56 | 5.82 | 2.69 | 6.37 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 41 | 55 | 64 | 65 | 100 | 168 | 203 | 202 | 258 | 295 |
| Expenses | 40 | 54 | 63 | 64 | 97 | 164 | 197 | 196 | 248 | 285 |
| Operating Profit | 1 | 1 | 1 | 2 | 2 | 5 | 6 | 6 | 10 | 10 |
| OPM % | 1.6 | 1.8 | 2 | 2.3 | 2.2 | 2.7 | 3 | 2.8 | 3.8 | 3.5 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 4 | 5 | 5 | 8 | 8 |
| Tax % | 24 | 24 | 28 | 33 | 28 | 27 | 25 | 25 | 25 | 25 |
| Net Profit | 0 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 6 | 6 |
| EPS in Rs | — | — | — | — | — | 4.16 | 5.31 | 5.41 | 8.39 | 9.06 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 6 | 5 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 3 | 3 | 3 | 7 | 7 |
| Reserves | 2 | 3 | 4 | 4 | 6 | 10 | 13 | 17 | 19 | 26 |
| Borrowings | 0 | 0 | 0 | 0 | 2 | 3 | 2 | 2 | 4 | 8 |
| Other Liabilities | 3 | 4 | 10 | 10 | 23 | 24 | 17 | 11 | 15 | 24 |
| Total Liabilities | 6 | 7 | 14 | 15 | 30 | 40 | 35 | 34 | 45 | 64 |
| Fixed Assets | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 10 | 10 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 6 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other Assets | 5 | 6 | 12 | 13 | 28 | 37 | 28 | 24 | 35 | 53 |
| Total Assets | 6 | 7 | 14 | 15 | 30 | 40 | 35 | 34 | 45 | 64 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 1 | 1 | -1 | -5 | 9 | 3 | 2 | -2 |
| Cash from Investing Activity | 0 | 0 | -2 | 0 | 0 | -1 | -6 | -3 | -1 | -2 |
| Cash from Financing Activity | 0 | 0 | 1 | 0 | 2 | 6 | -1 | 0 | 1 | 3 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | -1 | 2 | 1 | 3 | -1 |
| Free Cash Flow | 0 | 0 | -1 | 0 | -2 | -6 | 3 | 1 | 1 | -3 |
| CFO/OP | 0 | 0 | 56 | 37 | -41 | -120 | 166 | 59 | 25 | -16 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 35 | 31 | 52 | 51 | 79 | 63 | 34 | 31 | 35 | 50 |
| Cash Conversion Cycle | 35 | 31 | 52 | 51 | 79 | 63 | 34 | 31 | 35 | 50 |
| Working Capital Days | 8 | 11 | 8 | 12 | 10 | 22 | 13 | 15 | 19 | 30 |
| ROCE % | 29 | 35 | 33 | 28 | 33 | 37 | 32 | 25 | 33 | 26 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 99.94% | 72.94% | 72.94% | 72.94% | 72.94% | 72.94% | 72.94% | 72.94% | 72.94% | 72.94% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 24.49% | 23.47% | 23.3% | 22.67% | 22.7% | 22.61% | 21.38% | 22.44% | 22.15% |
| Others | 0.06% | 2.58% | 3.59% | 3.76% | 4.39% | 4.37% | 4.45% | 5.68% | 4.62% | 4.91% |
| No. of Shareholders | 8 | 304 | 263 | 243 | 279 | 301 | 371 | 352 | 332 | 327 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 40.1 | Sell |
| EMA (10) | 39.92 | Sell |
| SMA (20) | 40.25 | Sell |
| EMA (20) | 40.29 | Sell |
| SMA (50) | 40.86 | Sell |
| EMA (50) | 41.52 | Sell |
| SMA (100) | 44.71 | Sell |
| EMA (100) | 44.49 | Sell |
| SMA (200) | 51.75 | Sell |
| EMA (200) | 49.64 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.95 | Neutral |
| MACD (12,26,9) | -0.48 | Sell |
| Stochastic (14,3,3) | 50.35 | Neutral |
| ADX (14) | 12.02 | Neutral |
| Williams %R (14) | -53.19 | Neutral |
| ATR (14) | 1.31 | High Volatility |
| ROC (12) | 1.28 | Buy |
| Stoch RSI (14) | 17.65 | Buy |
| UO (7,14,28) | 66.12 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 July 2026 - Timescan Logistics incorporated Indonesia subsidiary PT Guangzhou Uniglobal Logistics Indonesia on July 6, 2026. | [Disclosure of material issue 9 July 2026 - Timescan Logistics incorporated Indonesia subsidiary PT Guangzhou Uniglobal Logistics Indonesia on July 6, 2026.](https://nsearchives.nseindia.com/corporate/TIMESCAN_09072026160843_Intimation_for_incorporation_of_Subsidiary_Company.pdf) |
| 5 June 2026 - Filed yearly promoter disclosure under Regulation 31(4) for year ended March 31, 2026. | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Filed yearly promoter disclosure under Regulation 31(4) for year ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_21052026163242_TIMESCAN.pdf) |
| 4 Sep - Timescan Logistics to hold 20th AGM on September 28, 2026 via VC/OAVM; remote e-voting details published. | [Copy of Newspaper Publication 4 Sep - Timescan Logistics to hold 20th AGM on September 28, 2026 via VC/OAVM; remote e-voting details published.](https://nsearchives.nseindia.com/corporate/TIMESCAN_04092026164339_Newspaper_Ad_Intimation.pdf) |
| 4 Sep - Timescan Logistics (India) Limited has informed about Resignation of Statutory Auditor | [Resignation of Statutory Auditor 4 Sep - Timescan Logistics (India) Limited has informed about Resignation of Statutory Auditor](https://nsearchives.nseindia.com/corporate/TIMESCAN_ROSA_97901_KMP_Doc.zip) |
| 29 May 2026 - Board re-appointed Rahul Goswami & Co. as Secretarial Auditor for FY 2026-27 on May 29, 2026. | [Appointment 29 May 2026 - Board re-appointed Rahul Goswami & Co. as Secretarial Auditor for FY 2026-27 on May 29, 2026.](https://nsearchives.nseindia.com/corporate/TIMESCAN_29052026184720_Intimation_of_Appointment_of_Secretarial_Auditor.pdf) |
| 29 May 2026 - Board approved FY26 audited results, unmodified audit opinion, reappointed secretarial auditor, and ODI loan up to USD 1 million. | [Outcome of Board Meeting 29 May 2026 - Board approved FY26 audited results, unmodified audit opinion, reappointed secretarial auditor, and ODI loan up to USD 1 million.](https://nsearchives.nseindia.com/corporate/TIMESCAN_29052026183322_Outcome_of_Board_Meeting.pdf) |
| 29 Jul - CRISIL assigns BB+/Stable rating to Timescan Logistics’ Rs. 10 crore bank facilities. | [Credit Rating 29 Jul - CRISIL assigns BB+/Stable rating to Timescan Logistics’ Rs. 10 crore bank facilities.](https://nsearchives.nseindia.com/corporate/TIMESCAN_29072026114757_Credit_Rating_Signed.pdf) |
| 24 March 2026 - Trading window closed from Apr 1, 2026 until 48 hours after FY2025-26 results become public. | [Trading Window 24 March 2026 - Trading window closed from Apr 1, 2026 until 48 hours after FY2025-26 results become public.](https://nsearchives.nseindia.com/corporate/TIMESCAN_24032026164513_Intimation_of_trading_window_Closure.pdf) |
| 24 June 2026 - Board approved forming 95% subsidiary in Indonesia for logistics services, subject to regulatory approvals. | [Outcome of Board Meeting 24 June 2026 - Board approved forming 95% subsidiary in Indonesia for logistics services, subject to regulatory approvals.](https://nsearchives.nseindia.com/corporate/TIMESCAN_24062026144718_Intimation_of_formation_of_Subsidiary_Company.pdf) |
| 24 January 2026 - Board approved Indonesia logistics subsidiary; Timescan to hold 80%; investment amount and name pending. | [Outcome of Board Meeting 24 January 2026 - Board approved Indonesia logistics subsidiary; Timescan to hold 80%; investment amount and name pending.](https://nsearchives.nseindia.com/corporate/TIMESCAN_24012026181857_Intimation_of_formation_of_Subsidiary_Company.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31135_TIMESCAN_2025_2026_A_27708442_02092026182312.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27994_TIMESCAN_2024_2025_A_17105752_31082025221340.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26265_TIMESCAN_2023_2024_26092024194320.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23951_TIMESCAN_2022_2023_18102023123301_10182023130000.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21180_TIMESCAN_2021_2022_03092022113231_09032022120018.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:33:21.010Z.