Tiger Logistics (India) (TIGERLOGS)₹25.60−1.61%Logistics Solution Provider
In the Mar 2026 quarter (standalone), Tiger Logistics (India) reported sales of ₹163 Cr, up 41.9% from Mar 2025, and net profit of ₹2.21 Cr, down 65.6% year on year. For the year to Mar 2026, sales were ₹575 Cr and net profit ₹21.97 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 42.13 | 53.67 | 52.10 | 92.89 | 101 | 161 | 161 | 115 | 103 | 169 | 139 | 163 |
| Expenses | 39.38 | 49.47 | 47.83 | 87.81 | 95.76 | 151 | 150 | 107 | 96.43 | 157 | 131 | 160 |
| Operating Profit | 2.55 | 4.02 | 3.97 | 4.66 | 5.16 | 8.77 | 9.77 | 7.18 | 5.88 | 11.12 | 7.55 | 1.66 |
| OPM % | 6.1% | 7.5% | 7.7% | 5.0% | 5.1% | 5.5% | 6.1% | 6.3% | 5.7% | 6.6% | 5.5% | 1.0% |
| Other Income | 0.42 | 0.43 | 1.10 | 1.75 | 1.61 | 2.24 | 2.67 | 2.36 | 1.48 | 2.03 | 1.97 | 2.92 |
| Interest | 0.04 | 0.05 | 0.05 | 0.33 | 0.39 | 0.66 | 0.96 | 0.86 | 0.85 | 0.96 | 1.48 | 1.33 |
| Depreciation | 0.16 | 0.16 | 0.16 | 0.26 | 0.20 | 0.20 | 0.20 | 0.21 | 0.21 | 0.22 | 0.23 | 0.25 |
| Profit before tax | 2.76 | 4.23 | 4.85 | 5.81 | 6.17 | 10.15 | 11.26 | 8.45 | 6.29 | 11.96 | 7.81 | 2.99 |
| Tax % | 24.2% | 23.9% | 24.3% | 31.0% | 25.3% | 25.9% | 25.4% | 24.1% | 25.5% | 28.1% | 24.1% | 26.1% |
| Net Profit | 2.09 | 3.21 | 3.67 | 4.02 | 4.62 | 7.53 | 8.41 | 6.43 | 4.70 | 8.60 | 5.93 | 2.21 |
| EPS (Rs) | 0.21 | 0.29 | 0.36 | 0.39 | 0.45 | 0.70 | 0.81 | 0.62 | 0.46 | 0.83 | 0.57 | 0.22 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 254 | 299 | 325 | 331 | 302 | 168 | 617 | 434 | 240 | 538 | 575 | 574 |
| Expenses | 240 | 280 | 304 | 315 | 309 | 177 | 577 | 406 | 224 | 504 | 545 | 545 |
| Operating Profit | 12.98 | 16.98 | 19.98 | 13.99 | −7.99 | −8.99 | 37.94 | 25.95 | 14.99 | 30.96 | 25.96 | 26.21 |
| OPM % | 5.0% | 6.0% | 6.0% | 4.3% | −2.8% | −6.0% | 6.0% | 6.0% | 6.0% | 6.0% | 4.6% | 4.6% |
| Other Income | 1.01 | 0.00 | 1.01 | 0.00 | 2.01 | 0.00 | 2.01 | 7.02 | 4.01 | 9.02 | 8.02 | 8.40 |
| Interest | 0.00 | 1.01 | 2.01 | 3.01 | 4.01 | 2.01 | 2.01 | 1.01 | 1.01 | 3.01 | 5.01 | 4.62 |
| Depreciation | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.91 |
| Profit before tax | 11.99 | 15.98 | 16.97 | 9.99 | −11.99 | −11.99 | 36.96 | 30.95 | 17.98 | 35.93 | 28.98 | 29.05 |
| Tax % | 40.1% | 35.1% | 35.1% | 40.1% | 2.0% | 2.0% | 10.1% | 26.1% | 27.1% | 25.1% | 26.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 | −1.12 | 0.00 | −0.06 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 6.99 | 9.98 | 10.99 | 5.99 | −11.99 | −11.99 | 33.96 | 22.96 | 12.99 | 26.97 | 21.97 | 21.44 |
| EPS (Rs) | 0.70 | 0.99 | 1.08 | 0.61 | −1.16 | −1.19 | 3.19 | 2.19 | 1.24 | 2.56 | 2.05 | 2.08 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 11.02 | 11.01 | 11.00 | 10.99 | 10.99 | 11.01 | 11.02 | 11.00 | 10.98 | 10.99 | 11.00 |
| Reserves | 25.04 | 26.09 | 37.07 | 48.11 | 55.05 | 42.00 | 31.07 | 64.20 | 87.10 | 100 | 128 | 149 |
| Borrowings | 13.01 | 6.01 | 7.01 | 25.03 | 35.04 | 36.98 | 15.02 | 0.00 | 0.00 | 11.99 | 33.99 | 50.00 |
| Other Liabilities | 24.88 | 35.86 | 39.80 | 29.86 | 23.88 | 15.92 | 26.87 | 46.77 | 21.90 | 20.90 | 22.89 | 51.75 |
| Total Liabilities | 67.93 | 78.98 | 93.89 | 114 | 125 | 105 | 83.97 | 121 | 120 | 144 | 196 | 263 |
| Fixed Assets | 2.99 | 2.99 | 2.99 | 2.99 | 9.97 | 9.97 | 8.98 | 7.97 | 7.98 | 8.98 | 8.97 | 9.98 |
| CWIP | 0.00 | 0.00 | 1.99 | 7.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.99 | 4.99 | 10.99 | 11.99 | 12.99 |
| Other Assets | 64.94 | 75.99 | 88.91 | 103 | 114 | 94.92 | 74.99 | 108 | 107 | 123 | 175 | 240 |
| Trade receivables | 56.92 | 66.89 | 75.92 | 92.81 | 101 | 65.86 | 42.96 | 68.89 | 48.94 | 69.88 | 103 | 161 |
| Cash & equivalents | 5.01 | 7.01 | 4.01 | 2.01 | 5.01 | 6.01 | 7.01 | 32.08 | 52.07 | 42.09 | 51.06 | 41.09 |
| Total Assets | 67.93 | 78.98 | 93.89 | 114 | 125 | 105 | 83.97 | 121 | 120 | 144 | 196 | 263 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −10.97 | 5.98 | 1.99 | −11.97 | −3.99 | 1.99 | 25.89 | 43.81 | 16.94 | −16.94 | −18.92 | −17.92 |
| Cash from investing activity | 0.00 | −1.01 | −4.01 | −8.02 | −1.01 | 1.01 | −1.01 | −3.01 | 4.01 | −5.01 | 2.01 | 1.01 |
| Cash from financing activity | 9.01 | −3.01 | −1.01 | −2.01 | −3.01 | −4.01 | −2.01 | −2.01 | −1.01 | 11.02 | 20.03 | 12.02 |
| Net cash flow | −3.01 | 2.01 | −3.01 | −21.03 | −7.01 | −1.01 | 23.01 | 39.04 | 21.01 | −11.01 | 3.01 | −5.01 |
| Capex | 1.00 | 0.98 | 2.18 | 6.61 | 0.88 | 0.13 | 0.04 | 0.05 | 0.63 | 2.33 | 0.79 | 1.90 |
| Free cash flow | −11.97 | 4.99 | −0.99 | −17.96 | −4.99 | 1.99 | 25.97 | 43.90 | 15.97 | −19.96 | −19.97 | −19.97 |
| CFO / OP % | −49.0% | 87.0% | 43.0% | −29.0% | 18.0% | −27.0% | −275.0% | 128.0% | 94.0% | −81.0% | −31.0% | −38.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 83 | 96 | 92 | 103 | 111 | 78 | 93 | 40 | 41 | 105 | 69 | 102 |
| Cash conversion cycle | 84 | 97 | 93 | 104 | 112 | 79 | 94 | 41 | 42 | 106 | 70 | 103 |
| Working capital days | 35 | 40 | 48 | 50 | 53 | 32 | 30 | 19 | 29 | 76 | 48 | 55 |
| ROCE % | 29.0% | 30.0% | 35.0% | 28.0% | 15.0% | −8.0% | −12.0% | 59.0% | 38.0% | 17.0% | 27.0% | 18.0% |
For the Mar 2026 quarter, Tiger Logistics (India) reported sales of ₹163 Cr, up 41.9% year on year and net profit of ₹2.21 Cr, down 65.6% year on year. The operating margin was 1.0%.
Tiger Logistics (India)'s sales for the year to Mar 2026 were ₹575 Cr; over the last twelve months they were ₹574 Cr.
Net profit for the year to Mar 2026 was ₹21.97 Cr, and ₹21.44 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.08.
Tiger Logistics (India) reported borrowings of ₹50 Cr at Mar 2026, against cash and equivalents of ₹41.09 Cr.
Cash from operations was −₹17.92 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹19.97 Cr.