This small-cap stock, engaged in real estate services, property management, and leasing of non-residential properties, leveraging technology and AI for flexible office space solutions, hit a 5 percent upper circuit after signing a term sheet to acquire up to 100 percent of Pepperfry Limited.
With a market capitalization of Rs. 1,938.27 crores, the shares of TCC Concept Limited hit a 5 percent upper circuit of Rs. 543.35 per share on Friday, up from its previous closing price of Rs. 517.50 per share.
What is the news?
TCC Concept Limited has signed a term sheet to acquire up to 100 percent of Pepperfry Limited, subject to approvals and completion of necessary agreements. The company plans this acquisition to strengthen its position in the e-commerce and digital marketplace sector.
The company aims to combine Pepperfry’s furniture and home goods platform with its technology expertise to improve customer experience, create efficiencies, and explore new growth opportunities. This acquisition supports the company’s goal of building scalable and technology-driven consumer platforms.
Company Overview
TCC Concept Limited was incorporated on November 7, 1984, and was formerly known as Aaswa Trading and Exports Limited. The company is engaged primarily in real estate services, including property management, brokerage, and leasing of commercial non-residential properties.
The company operates under the brand name “Brantford” and is a technology-driven provider of advanced real estate solutions in India, focused on flexible office space aggregation powered by AI and machine learning.
TCC Concept Limited has transformed from a trading business to a fast-growing office space aggregator and recently expanded into comprehensive real estate solutions, including brokerage and agent services for both commercial and residential properties.
The company acquired stakes in Brantford Limited, EMF Clinic Private Limited, and Altrr Software Services Limited to strengthen its AI-powered real estate platform and lead management systems.
Recent quarter results
Coming into financial highlights, TCC Concept Limited’s revenue has increased from Rs. 11.81 crore in Q1 FY25 to Rs. 22.11 crore in Q1 FY26, which has grown by 87.21 percent. The net profit has also grown by 73.48 percent from Rs. 5.43 crore in Q1 FY25 to Rs. 9.42 crore in Q1 FY26. TCC Concept Limited’s revenue and net profit have grown at a CAGR of 811.04 percent and 548.07 percent, respectively, over the last two years.
In terms of return ratios, the company’s ROCE and ROE stand at 11.9 percent and 9.28 percent, respectively. TCC Concept Limited has an earnings per share (EPS) of Rs. 11.80, and its debt-to-equity ratio is 0.06x.
Written By – Nikhil Naik
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