TCI Industries shareholders and shareholding pattern

BSE: 532262Commercial Services & SuppliesSmall Cap

TCI Industries Ltd. · Face value ₹10

₹1,012.00₹43.05 (4.08%)

Share price at the BSE close on 27 Oct 2026. Previous close ₹1,055.05.

27 Oct: open ₹1,090.00, high ₹1,090.00, low ₹1,012.00

52-week range of traded prices to 27 Oct 2026

₹1,012.00Low, 27 Oct 2026₹1,601.00High, 27 Apr 2026

Market cap: ₹91 Cr2,741st largest listed
P/E: 257.83
P/B: 5.91
Dividend yield: Nonein the last 12 months
ROE: 2.5%
ROCE: 2.2%
Debt to equity: 0.12
Volume, BSE: 15

TCI Industries' shareholding pattern for Sep 2026, filed on 21 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns TCI Industries, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters69.53%
Foreign institutions0.01%
Indian institutions0.07%
Individuals and others30.39%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	74.98%	74.98%	74.87%	74.48%	74.87%	74.87%	74.87%	74.87%	74.87%	74.98%	74.98%	74.98%	74.98%	74.98%	74.98%	74.98%	74.98%	74.89%	74.89%	74.89%	69.29%	69.29%	69.29%	69.19%	69.19%	69.19%	69.19%	69.19%	69.19%	69.19%	69.19%	69.44%	69.47%	69.50%	69.50%	69.50%	69.52%	69.53%	69.53%	69.53%
Indian promoters	74.98%	74.98%	74.87%	74.48%	74.87%	74.87%	74.87%	74.87%	74.87%	74.98%	74.98%	74.98%	74.98%	74.98%	74.98%	74.98%	74.98%	74.89%	74.89%	74.89%	69.29%	69.29%	69.29%	69.19%	69.19%	69.19%	69.19%	69.19%	69.19%	69.19%	69.19%	69.44%	69.47%	69.50%	69.50%	69.50%	69.52%	69.53%	69.53%	69.53%
	25.02%	25.02%	25.13%	25.52%	25.13%	25.13%	25.13%	25.13%	25.13%	25.02%	25.02%	25.02%	25.02%	25.02%	25.02%	25.02%	25.02%	25.11%	25.11%	25.11%	30.71%	30.71%	30.71%	30.81%	30.81%	30.81%	30.81%	30.81%	30.81%	30.81%	30.81%	30.56%	30.53%	30.50%	30.50%	30.50%	30.48%	30.47%	30.47%	30.47%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Any other (FII's)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30.73%	30.73%	30.73%	30.73%	30.73%	30.73%	30.73%	30.73%	30.49%	30.45%	30.42%	30.42%	30.42%	30.41%	30.39%	30.39%	30.39%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.41%	14.44%	14.48%	14.52%	14.61%	14.60%	14.43%	14.46%	14.21%	13.86%	13.73%	13.91%	13.91%	13.92%	13.99%	14.06%	14.39%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.30%	14.28%	14.27%	14.28%	14.27%	14.27%	14.38%	14.36%	14.37%	14.51%	14.63%	14.43%	14.20%	14.15%	14.08%	14.05%	13.45%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.23%	0.23%	0.23%	0.23%	0.23%	0.24%	0.31%	0.31%	0.32%	0.51%	0.51%	0.51%	0.51%	0.51%	0.46%	0.44%	0.44%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.79%	1.77%	1.76%	1.70%	1.63%	1.62%	1.61%	1.60%	1.59%	1.56%	1.56%	1.56%	1.79%	1.82%	1.85%	1.84%	2.11%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.56%	1.56%	1.57%	1.57%	1.81%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.24%	0.24%	0.28%	0.28%	0.29%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%
Promoter shares pledgedShare of the promoters' own shares	18.85%	10.26%	10.28%	9.58%	17.46%	19.62%	18.88%	18.88%	19.25%	18.63%	18.25%	17.51%	16.92%	16.40%	16.40%	16.40%	16.40%	14.18%	14.18%	14.18%	7.24%	7.24%	7.24%	7.25%	7.25%	7.25%	7.25%	7.25%	7.25%	7.25%	7.25%	7.23%	7.22%	7.22%	7.22%	7.22%	7.22%	7.22%	7.22%	7.22%
Shares in issue	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791	8,96,791

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of TCI Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	2,529	2,461	2,416	2,400	2,352	2,342	2,333	2,324	2,317	2,312	2,310	2,300	2,292	2,273	2,260	2,245	2,225	2,181	2,155	2,111	2,102	2,086	2,086	2,088	2,081	2,073	2,051	2,033	2,003	1,987	1,974	1,951	1,949	1,929	1,928	1,929	1,914	1,901	1,897	1,902
	48	49	49	49	49	49	49	49	50	52	51	49	49	49	49	49	49	49	48	48	49	48	48	47	47	47	47	47	47	47	47	47	47	47	47	47	47	46	46	46
Indian promoters	48	49	49	49	49	49	49	49	50	52	51	49	49	49	49	49	49	49	48	48	49	48	48	47	47	47	47	47	47	47	47	47	47	47	47	47	47	46	46	46
	2,481	2,412	2,367	2,351	2,303	2,293	2,284	2,275	2,267	2,260	2,259	2,251	2,243	2,224	2,211	2,196	2,176	2,132	2,107	2,063	2,053	2,038	2,038	2,041	2,034	2,026	2,004	1,986	1,956	1,940	1,927	1,904	1,902	1,882	1,881	1,882	1,867	1,855	1,851	1,856
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Any other (FII's)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	7	7	7	6	6	6	6	6	6	6	6	6	6	6	6	6
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	–	–	–	–	–	–	–	–	0	0	0	0	0
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,032	2,025	2,017	1,995	1,978	1,948	1,932	1,919	1,896	1,894	1,874	1,873	1,874	1,859	1,847	1,843	1,848
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,717	1,710	1,706	1,686	1,674	1,649	1,629	1,619	1,599	1,595	1,578	1,575	1,576	1,561	1,549	1,545	1,550
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	65	65	61	61	61	61	60	60	60	60	60	59	58	58	58	59	57
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	164	164	164	165	165	164	168	166	167	168	167	168	167	167	167	166	166
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	85	85	85	82	77	73	74	73	69	70	68	70	72	72	72	72	74
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	70	70	70	70	71
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1

TCI Industries promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is MAHENDRA KUMAR AGARWAL, 7.36%. The filing names 1 more member with no shares.Promoter buying and selling

Holder
MAHENDRA KUMAR AGARWALIndividuals and Hindu undivided families	7.36%	66,002	68.18%
VIKAS AGARWAL (On behalf of Vikas and Family Trust)Individuals and Hindu undivided families	5.50%	49,291	0.00%
Ms. Kanika AgarwalIndividuals and Hindu undivided families	5.39%	48,354	0.00%
ASHISH AGARWALIndividuals and Hindu undivided families	4.43%	39,725	0.00%
TDL REAL ESTATE HOLDINGS LIMITEDIndian companies, trusts and others	3.67%	32,875	0.00%
UMAH AGARWALIndividuals and Hindu undivided families	3.46%	31,051	0.00%
TCI FINANCE LTDIndian companies, trusts and others	3.37%	30,236	0.00%
TRANSCORP ESTATES PVT LTDIndian companies, trusts and others	2.68%	24,000	0.00%
BHORUKA CAPITAL PRIVATE LIMITEDIndian companies, trusts and others	2.30%	20,649	0.00%
PUSHPA AGARWALIndividuals and Hindu undivided families	2.21%	19,822	0.00%
MANISHA AGARWAL (On behalf of Ashok Kumar Ayan Kumar - Partnership Firm)Individuals and Hindu undivided families	2.01%	18,006	0.00%
TCI BHORUKA PROJECTS LIMITEDIndian companies, trusts and others	1.90%	17,000	0.00%
CHANDER AGARWALIndividuals and Hindu undivided families	1.77%	15,871	0.00%
VINEET AGARWALIndividuals and Hindu undivided families	1.76%	15,800	0.00%
DHARAM PAL AGARWAL (Dharam Pal & Sons (HUF))Individuals and Hindu undivided families	1.76%	15,742	0.00%
URMILA AGARWALIndividuals and Hindu undivided families	1.75%	15,700	0.00%
DHARMPAL AGARWALIndividuals and Hindu undivided families	1.75%	15,700	0.00%
BHORUKA INVESTMENT LIMITEDIndian companies, trusts and others	1.67%	15,000	0.00%
NIDHI AGARWALIndividuals and Hindu undivided families	1.51%	13,499	0.00%
Mr. Siddhartha AgarwalIndividuals and Hindu undivided families	1.39%	12,497	0.00%
VIVEK AGARWALIndividuals and Hindu undivided families	1.35%	12,141	0.00%
SWETA AGARWALIndividuals and Hindu undivided families	1.32%	11,850	0.00%
VISHRUTH VED AGARWALIndividuals and Hindu undivided families	1.12%	10,000	0.00%
AYAN AGARWALIndividuals and Hindu undivided families	1.12%	10,010	0.00%
VIKAS AGARWAL (On behalf of Vikas and Children Trust)Individuals and Hindu undivided families	0.69%	6,167	0.00%
ABC FINANCIALSERVICES PVT.LTD.Indian companies, trusts and others	0.67%	6,000	0.00%
AVANI KANOIIndividuals and Hindu undivided families	0.67%	6,000	0.00%
NIRMAL AGARWALIndividuals and Hindu undivided families	0.65%	5,850	0.00%
SATYANARAYAN AGARWALIndividuals and Hindu undivided families	0.60%	5,372	0.00%
JUBILEE COMMERCIAL & TRADING PRIVATE LIMITEDIndian companies, trusts and others	0.51%	4,580	0.00%
BHURUKA GASES LIMITEDIndian companies, trusts and others	0.46%	4,128	0.00%
UTSAV AGARWALIndividuals and Hindu undivided families	0.44%	3,980	0.00%
BUNNY INVESTMENTS & FINANCE PRIVATE LIMITEDIndian companies, trusts and others	0.37%	3,359	0.00%
PRIYANKA AGARWALIndividuals and Hindu undivided families	0.34%	3,020	0.00%
MANISHA AGARWALIndividuals and Hindu undivided families	0.33%	3,000	0.00%
ASHOK KUMAR AGARWALIndividuals and Hindu undivided families	0.33%	3,000	0.00%
VED PRAKASH AND SONSIndividuals and Hindu undivided families	0.30%	2,700	0.00%
RAJKUMAR AGGARWAL (R K & Sons HUF)Individuals and Hindu undivided families	0.19%	1,704	0.00%
MANISH AGARWAL BENEFIT TRUSTIndian companies, trusts and others	0.16%	1,420	0.00%
SATYANARAYAN VIVEK KUMAR HUFIndividuals and Hindu undivided families	0.09%	770	0.00%
TRANSCORP ENTERPRISES LIMITEDIndian companies, trusts and others	0.07%	600	0.00%
MAHENDRA KUMAR AGARWAL (Mahendra Kumar Agarwal & Sons HUF)Individuals and Hindu undivided families	0.07%	630	0.00%
DHRUV AGARWALIndividuals and Hindu undivided families	0.04%	327	0.00%
Bhoruka Power Investments India Private LimitedIndian companies, trusts and others	0.01%	100	0.00%
ABC INDIA LIMITEDIndian companies, trusts and others	0.00%	10	0.00%
MAHENDRA INVESTMENT ADVISORS PVT LTDIndian companies, trusts and others	0.00%	10	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of TCI Industries, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
BHORUKA EXTRUSIONS PRIVATE LIMITEDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	–	5.60%	–
TRANSAL ENTERPRISES PRIVATE LIMITEDCompanies	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.05%	3.69%	3.69%	3.66%	3.64%	3.64%	3.64%	3.53%	3.53%	3.53%	3.53%	–	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	3.53%	–	3.53%	–
FORUM VINIYOG PRIVATE LIMITEDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	–	2.03%	–
VLS FINANCE LTDCompanies	1.08%	1.08%	1.08%	1.08%	1.08%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	–	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.06%	1.04%	1.04%	1.04%	1.04%	1.04%	1.04%	–	–	–	–	–	–	–
AGIO SERVICES PVT. LTD.Other non-institutions	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%	–	2.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Individuals and others: BHORUKA EXTRUSIONS PRIVATE LIMITED no longer named, from 5.60%; TRANSAL ENTERPRISES PRIVATE LIMITED no longer named, from 3.53%; FORUM VINIYOG PRIVATE LIMITED no longer named, from 2.03%