MarketFriction

Tiger Logistics (India) Ltd

NSE TIGERLOGS · BSE 536264 · Logistics Solution Provider
₹25.69 -2.13%
NSE close2026-10-01
52 week range22.90 - 49.14
Market cap₹273 Cr.
P/E14.4
Price band 20% Delivery 72.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales53.5851.9592.71101.16160.17160.47114.50102.52168.73139.02162.55152.53
Expenses49.5547.9788.0495.99151.38150.69107.3196.63157.59131.45160.88149.74
Operating Profit4.033.984.675.178.799.787.195.8911.147.571.672.79
OPM %7.52%7.66%5.04%5.11%5.49%6.09%6.28%5.75%6.60%5.45%1.03%1.83%
Other Income0.421.091.741.602.232.662.351.472.021.962.911.60
Interest0.040.040.320.380.650.950.850.840.951.471.321.24
Depreciation0.170.170.270.210.210.210.220.220.230.240.260.25
Profit before tax4.244.865.826.1810.1611.288.476.3011.987.823.002.90
Tax %23.82%24.28%30.93%25.24%25.79%25.27%23.97%25.40%28.05%24.04%26.00%25.17%
Net Profit3.223.684.034.637.548.426.444.718.625.942.222.17
EPS in Rs0.300.350.380.440.710.800.610.450.820.560.210.21
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales253298324330301168615433240536573623
Expenses241281305316310177578407225505546600
Operating Profit13172014-8-9382615312723
OPM %5%6%6%4.3%-2.8%-6%6%6%6%6%4.7%3.7%
Other Income101020274988
Interest012342211355
Depreciation111111111111
Profit before tax12161710-12-12373118362926
Tax %40%35%35%40%2%2%10%26%27%25%26%
Net Profit710116-12-12342313272219
EPS in Rs0.690.981.070.60-1.17-1.183.182.201.232.552.041.80
Dividend Payout %0%0%0%0%0%0%3%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%28%10%16%
Compounded Profit Growth11%31%-3%-30%
Stock Price CAGR0%17%-15%-45%
Return on Equity16%23%16%14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital41111111111111111111111
Reserves252637485542316487100128149
Borrowings13672535371500123451
Other Liabilities253640302416274722212352
Total Liabilities68799411412510584121120144196263
Fixed Assets333310109889910
CWIP002800000000
Investments000000055111213
Other Assets6576891031149575108107123175240
Total Assets68799411412510584121120144196263
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1162-12-42264417-17-18-18
Cash from Investing Activity-0-1-4-8-11-1-34-575
Cash from Financing Activity9-3-1-2-3-4-2-2-1112012
Net Cash Flow-32-3-21-7-1233921-118-0
Free Cash Flow-125-1-18-52264416-20-19-20
CFO/OP-49%87%43%-29%18%-27%-275%128%94%-81%-29%-37%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8497931041127994414210670103
Inventory Days
Days Payable
Cash Conversion Cycle8497931041127994414210670103
Working Capital Days343947495231291828754754
ROCE %29%30%35%28%15%-8%-12%59%38%17%27%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.81%57.10%57.10%57.10%57.10%57.10%57.10%57.10%57.10%57.10%57.30%57.48%
FIIs1.07%7.36%8.19%8.70%8.08%9.41%9.76%11.62%11.78%11.33%11.48%12.68%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.00%0.00%0.00%0.00%
Public37.12%35.54%34.71%34.20%34.83%33.49%33.15%31.10%31.12%31.57%31.22%29.85%
No. of Shareholders6,4226,65413,73715,38619,00523,07723,69022,58025,43025,77925,01224,117

Fundamentals

Market Cap₹ 273 Cr.
Current Price₹ 26.2
Stock P/E14.4
Book Value₹ 15.1
ROCE18.0 %
ROE14.4 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)-30%
Standalone figures.
Valuation
Market capRs 268 Cr
Enterprise valueRs 277 Cr
P/E (TTM)14.13x
Price to book1.67x
Price to sales0.43x
EV / EBITDA8.75x
EV / EBIT9.03x
EV / sales0.44x
Earnings yield7.08%
P/E, 3-year average2.26x
P/B, 3-year average0.32x
P/E, 5-year average1.82x
P/B, 5-year average0.33x
Profitability
Operating margin (excl. other income)4.72%
Operating margin (incl. other income)6.17%
EBITDA margin5.08%
Pre-tax margin4.13%
Net profit margin3.04%
Net margin, latest quarter1.42%
ROE14.43%
ROCE17.95%
ROA9.39%
ROE, 3-year average16.18%
ROCE, 3-year average20.46%
ROA, 3-year average11.72%
ROE, 5-year average26.66%
ROCE, 5-year average31.64%
ROA, 5-year average17.45%
ROIC (approx.)13.39%
Tax rate26.12%
Other income / net worth5.23%
Growth
Sales growth (latest year)6.81%
Profit growth (latest year)-20.33%
Sales CAGR, 3 years9.75%
Sales CAGR, 5 years27.82%
Profit CAGR, 3 years-2.49%
Sales growth QoQ-6.16%
Profit growth QoQ-2.25%
Sales growth YoY (latest quarter)48.78%
Profit growth YoY (latest quarter)-53.93%
Per share
EPS (TTM)Rs 1.82
EPS (latest year)Rs 20.35
EPS (latest quarter)Rs 0.21
EPS, 3-year averageRs 19.39
EPS, 5-year averageRs 22.38
Book value per shareRs 15.34
Sales per shareRs 59.74
Cash flow per shareRs -1.69
Free cash flow per shareRs -1.92
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout, 5-year average3.15%
Efficiency
Asset turnover2.18x
Fixed asset turnover58.33x
Debtor days103 days
Debtors turnover3.56x
Cash conversion cycle103 days
Working capital days54 days
Leverage
Total debtRs 51 Cr
Cash and bankRs 41 Cr
Net debtRs 9 Cr
Debt to equity0.32x
Net debt / EBITDA0.29x
Interest coverage6.16x
Current ratio (filing 2026-03-31)2.30x
Quick ratio (filing 2026-03-31)2.30x
Trade payables (filing 2026-03-31)Rs 36 Cr
Owners' fund to total sources60.92%
Debt to assets19.31%
Cash flow
Cash from Operating Activity (latest year)Rs -18 Cr
Cash from Investing Activity (latest year)Rs 5 Cr
Cash from Financing Activity (latest year)Rs 12 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -20 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years0.07x
Statement figures
Net sales (TTM)Rs 623 Cr
Net sales (latest year)Rs 573 Cr
Sales (latest quarter)Rs 153 Cr
Operating profit excl. other income (latest year)Rs 27 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 32 Cr
PBDT (TTM)Rs 27 Cr
Profit before tax (TTM)Rs 26 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 19 Cr
Net profit (latest year)Rs 22 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 515 Cr
Total expenditure (latest year)Rs 546 Cr
Total income (latest year)Rs 581 Cr
Share capitalRs 11 Cr
ReservesRs 149 Cr
Shareholders' fundsRs 160 Cr
Total assetsRs 263 Cr
Net blockRs 10 Cr
InvestmentsRs 13 Cr
ReceivablesRs 161 Cr
Other liabilitiesRs 52 Cr
Shares outstanding (crore)10.43
Ownership
Promoter holding57.48% (+0.38 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.1 is at the 39th percentile of its own 7.4-year range (median 15.9, low 5.0, high 55.9).
P/B 1.67 is at the 24th percentile (median 3.29).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTIGERLOGSNifty 50Difference
1 week-2.5%-2.8% +0.2 pts
1 month-8.7%-6.8% -1.9 pts
3 months-25.3%-7.6% -17.7 pts
6 months+7.5%+0.4% +7.1 pts
1 year-48.4%-9.9% -38.5 pts
3 years-39.6%+14.2% -53.7 pts
5 years+119.9%+27.9% +92.1 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -86% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 15% of total assets in 2026
explainReceivables outrunning sales Receivables grew 57% vs sales +7% in 2026
explainDebt up, profit down Borrowings up 47% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹153 Cr +48.8% vs Jun 2025. Net profit ₹2 Cr -53.9%.
Against our estimate for Jun 2026: sales +30.2%, profit -58.2% miss. Our estimate for Sep 2026: sales Rs 245 Cr, profit Rs 7 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-25Shareholder meetingVoting results.
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-08-17Regulatory actionAction(s) initiated or orders passed
2026-08-13Awarding of order(s)/contracAwarding of order(s)/contract(s)
2026-08-13Press ReleaseA press release dated August 13, 2026, titled "Press Release".
2026-08-13Investor PresentationInvestor Presentation
2026-08-12Board meeting outcomeTiger Logistics (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-18Order winBagging/Receiving of orders/contracts
2026-06-18Press ReleaseA press release dated Jun 18, 2026, titled "Press Release dated 18th June 2026".
2026-06-09UpdatesFinancial Results in machine readable format.
2026-06-09Disclosure under SEBI TakeovHapreet Singh Malhotra has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substa...
2026-06-05Press ReleaseA press release dated Jun 05, 2026, titled "Press Release dated 5th June 2026.".
2026-06-05Credit Rating- RevisionCredit Rating- Revision
2026-05-28General UpdatesInvestor Presentation for the period ended 31st March 2026.
2026-05-28Press ReleaseA press release dated May 28, 2026, titled "Press Release dated 28th May 2026.".
2026-05-27Board meeting outcomeTiger Logistics (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-18Press ReleaseA press release dated May 18, 2026, titled "as per attachment".
2026-03-26Shareholder meetingProceedings of Postal Ballot
2026-03-13Reply to Clarification- FinaThe Exchange had sought clarification from Tiger Logistics (India) Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI...
2026-03-11Clarification - Financial ReThe Exchange has sought clarification from Tiger Logistics (India) Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI...
2026-02-25Concall / analyst meetTranscript
2026-02-23Press Release (Revised)A revised press release dated February 23, 2026, titled "Revised Press Release dated 23rd February 2026.".
2026-02-23Press ReleaseA press release dated February 23, 2026, titled "Press Release dated 23rd February 2026.".
2026-02-23Shareholder meetingNotice of Postal Ballot
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Tiger Logistics (India) Ltd?

Tiger Logistics (India) Ltd (TIGERLOGS) has a market capitalisation of Rs 273 Cr. at the 2026-10-01 close.

What is the P/E ratio of Tiger Logistics (India) Ltd?

Tiger Logistics (India) Ltd trades at a P/E of 14.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Tiger Logistics (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Tiger Logistics (India) Ltd sales was Rs 153 Cr (+48.8% vs Jun 2025) and net profit was Rs 2 Cr.

What is the 52-week high and low of Tiger Logistics (India) Ltd?

The 52-week high is Rs 49.14 and the 52-week low is Rs 22.90.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03