Arthneeti

Tiger Logistics (India) Q2 FY27 Share Price & Earnings Call Analysis

₹24.90+0.28% today
Market cap
₹263 Cr
P/E
16.29
ROE
14.43%
PEG
-6.28
Price to sales
0.38
Debt to equity
0.44
52W high / low
₹47.1 / ₹20.5
Sales growth (5Y)
27.82%
EBITDA margin
2.78%
Net profit margin
3.76%
Promoter holding
57.48%
Sales (last year)
₹679 Cr

Guidance scorecard · Q2 FY27 call

What Tiger Logistics's management guided
and where it ranks in Transport Services

#27of 31 in
Transport Services
Revenue10–20%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ3 FY26 call

10–20%
  • 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.

2 more points from Tiger Logistics's call on revenue

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Full Q3 FY26 analysis

MarginsQ3 FY26 call

Flat

See what Tiger Logistics said on margins — free account, 30 seconds.

Full Q3 FY26 analysis

CapexQ3 FY26 call

Planned
  • 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.
  • 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.
Full Q3 FY26 analysis

FundraisingQ3 FY26 call

See what Tiger Logistics said on fundraising — free account, 30 seconds.

Full Q3 FY26 analysis

Order bookQ3 FY26 call

Ask what Tiger Logistics said on the order book →

Full Q3 FY26 analysis
Full Transport Services ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Transport Services
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Tiger Logistics rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Transport Services companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹795 Cr24.9
240%+Flat₹16,984 Cr98.6
340%+Flat₹4,361 Cr29.7
440%+Flat₹591 Cr16.6
520–40%Up 2%+₹510 Cr6.7
620–40%Up 2%+₹234 Cr8.1

Sign up free to see every company in the sector ranking and track Tiger Logistics.

Pro shows every company guiding 40%+ revenue growth →Full Transport Services ranking

Financials of Tiger Logistics

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Tiger Logistics

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +57.10%57.10%57.10%57.10%57.10%57.10%57.10%57.10%57.10%57.30%57.48%57.69%
FIIs +7.36%8.19%8.70%8.08%9.41%9.76%11.62%11.78%11.33%11.48%12.68%11.73%
DIIs +0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.00%0.00%0.00%0.00%0.00%
Public +35.54%34.71%34.20%34.83%33.49%33.15%31.10%31.12%31.57%31.22%29.85%30.58%
No. of Shareholders6,65413,73715,38619,00523,07723,69022,58025,43025,77925,01224,11724,011

Financials of Tiger Logistics

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +53.5851.9592.71101.16160.17160.47114.50102.52168.73139.02162.55152.53225.14
Expenses +49.5547.9788.0495.99151.38150.69107.3196.63157.59131.45160.88149.74218.26
Operating Profit4.033.984.675.178.799.787.195.8911.147.571.672.796.88
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%3.06%
Other Income +0.421.091.741.602.232.662.351.472.021.962.911.603.11
Interest0.040.040.320.380.650.950.850.840.951.471.321.241.40
Depreciation0.170.170.270.210.210.210.220.220.230.240.260.250.25
Profit before tax4.244.865.826.1810.1611.288.476.3011.987.823.002.908.34
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%29.86%
Net Profit +3.223.684.034.637.548.426.444.718.625.942.222.175.85
EPS in Rs0.300.350.380.440.710.800.610.450.820.560.210.210.55

Financials of Tiger Logistics

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +246253298324330301168615433240536573679
Expenses +235241281305316310177578407225505546660
Operating Profit1013172014-8-9382615312719
OPM %4.3%5%6%6%4.3%-2.8%-6%6%6%6%6%4.7%2.8%
Other Income +-11010202749810
Interest0012342211355
Depreciation1111111111111
Profit before tax812161710-12-12373118362922
Tax %31%40%35%35%40%2%2%10%26%27%25%26%
Net Profit +6710116-12-12342313272216
EPS in Rs0.550.690.981.070.60-1.17-1.183.182.201.232.552.041.53
Dividend Payout %0%0%0%0%0%0%0%3%0%0%0%0%

Financials of Tiger Logistics

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital4111111111111111111111111
Reserves252637485542316487100128149158
Borrowings +1367253537150012345174
Other Liabilities +25364030241627472221235244
Total Liabilities68799411412510584121120144196263287
Fixed Assets +3333101098899109
CWIP0028000000000
Investments00000005511121313
Other Assets +6576891031149575108107123175240264
Total Assets68799411412510584121120144196263287

Financials of Tiger Logistics

Cash Flows

Operating, investing and financing cash movement

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 Activity +9-3-1-2-3-4-2-2-1112012
Net Cash Flow-32-3-21-7-1233921-118-0
Free Cash Flow-125-1-18-52264416-20-19-20
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit-49%87%43%-29%18%-27%-275%128%94%-81%-29%-37%

Financials of Tiger Logistics

Ratios

Working capital efficiency and return ratios

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%

Continue your research

What Tiger Logistics's management said in earlier quarters

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