Tiger Logistics (India) Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 5 Aug 2026 | Transport Services | Market Cap: ₹269 Cr

Business volumes are growing strongly, up by 9% quarter-on-quarter and close to 50% year-on-year. The company anticipates a bullish outlook for the coming quarters with steady growth in business.

From Tiger Logistics (India) Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

30.3

Market Cap

₹269 Cr

P/E Ratio

14.2

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Tiger Logistics (India) Ltd rank in Transport Services?

Compare Tiger Logistics (India) Ltd against every Transport Services company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Tiger Logistics (India) Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹163 Cr, net profit ₹2 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Business volumes are growing strongly, up by 9% quarter-on-quarter and close to 50% year-on-year.
  • Future growth engines include renewable sector (TiGreen vertical), import sector deep selling, and existing auto and government sectors.
  • TiGreen (solar logistics) is contributing over 40% of total revenue with plans for further growth; hydrogen logistics is in exploratory phase.
  • CUBOX LCL model, though slower to scale, is breaking even and expected to improve margins over time.
  • Company expects bullish outlook in coming quarters with increasing volumes and demand, especially due to anticipated CAPEX in solar sector.
  • Volume growth remains the biggest milestone, with steady progress despite low freight rates affecting top-line revenue in some quarters.
  • Open to inorganic growth but has not found suitable acquisition targets yet; focused on international logistics businesses only.

📈 Profitability & Margins

Rank 3
  • The company anticipates a bullish outlook for the coming quarters with steady growth in business.
  • New verticals like TiGreen (solar logistics) are contributing significantly, constituting over 40% of total revenue and expected to grow further.
  • The CUBOX product line is breaking even and gaining traction, with potential for better margins as it develops.
  • The volume growth is strong, with a 52% year-on-year increase and 9% quarter-to-quarter growth, highlighting expanding business scale.
  • Management expects improved profitability as freight rates stabilize and new business verticals mature.
  • The company is focused on maintaining financial hygiene, improving receivables, and expanding specialized teams to support growth.
  • Inorganic growth through acquisitions is considered but currently no suitable targets found.
  • Overall, operating earnings and profits are expected to improve along with EPS, driven by diversified verticals and volume growth.

🏗️ Capital Expenditure Plans

Yes
- The company is going slow on hydrogen logistics as it involves huge CAPEX; the market is still evolving and not mature, so they are currently evaluating it and holding back big investments. - TiGreen (solar logistics) is performing very well and is a focus area; the company plans big growth here but no specific CAPEX mentioned. - No mention of large upcoming capital investments in other verticals, with focus on consolidating strengths in solar, auto, and pharma sectors. - The company is open to inorganic acquisitions but has not found good candidates so far; interested only in acquiring international logistics companies, not domestic. In summary, no major new capex announced currently, cautious about hydrogen capex, bullish on organic growth and selective acquisitions in international logistics.

💰 Fundraising & Capital Structure

No information
  • The transcript does not mention any current or planned fundraising activities through debt or equity.
  • Harpreet Singh Malhotra discusses business growth, volume increases, and inorganic acquisition interest but specifically notes they have not found suitable companies to acquire yet.
  • There is no reference to raising capital via debt or equity in the Q3 & 9M FY26 earnings call.
  • The company appears focused on organic growth, inorganic acquisitions when suitable, and strengthening existing verticals.
  • Financial hygiene and payment collections are being closely managed, indicating stable financial management without immediate fundraising needs.

📋 Order Book & Pipeline

No information
The transcript provided does not contain specific information about the current or expected orderbook or pending orders for Tiger Logistics India Limited. The discussion primarily focuses on business performance, growth areas like the renewable sector (TiGreen), the introduction of the CUBOX LCL product, acquisition strategy, and market conditions. No direct details or quantitative data regarding orderbook or pending orders were mentioned during the call.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Tiger Logistics (India) Ltd Q3 FY26 results?

Business volumes are growing strongly, up by 9% quarter-on-quarter and close to 50% year-on-year. The company anticipates a bullish outlook for the coming quarters with steady growth in business.

What is Tiger Logistics (India) Ltd share price analysis?

Tiger Logistics (India) Ltd currently shows a below-average growth signal. The stock trades at a P/E of 14.2 with a market cap of ₹269 Cr. Investors should review the full earnings analysis for detailed insights.

Is Tiger Logistics (India) Ltd planning capital expenditure?

The company is going slow on hydrogen logistics as it involves huge CAPEX; the market is still evolving and not mature, so they are currently evaluating it and holding back big investments.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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