Tiger Logistics (India) Ltd

Tiger Logistics (India) Ltd

₹ 36.4 0.03%
03 Jul 9:09 a.m.
About

Tiger Logistics India Ltd. is a third-party logistics services provider. Its business covers international freight forwarding, supply chain management, project logistics, defense logistics, and cold chain logistics. [1]

Key Points

Services
The services provided by the Co include International Air Freight, International Ocean Freight, Project Logistics, Domestic Freight Services, Cold Chain Logistics, Supply Chain Logistics and Customs Clearance. [1] The company is recognized among the top 3 CHA of North India by Concor India. The company handles an average of 4500 TEUs per month.[2]

  • Market Cap 385 Cr.
  • Current Price 36.4
  • High / Low 87.0 / 34.4
  • Stock P/E 29.7
  • Book Value 10.5
  • Dividend Yield 0.00 %
  • ROCE 16.4 %
  • ROE 12.4 %
  • Face Value 1.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.1%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -6.17% over past five years.
  • Debtor days have increased from 62.8 to 106 days.
  • Promoter holding has decreased over last 3 years: -16.6%
  • Working capital days have increased from 45.9 days to 91.7 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Logistics Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
64.11 81.61 170.94 191.91 170.65 107.24 182.24 82.83 61.04 42.02 53.58 51.95 92.71
60.64 76.81 163.53 181.03 159.03 101.58 172.31 74.00 58.47 39.46 49.55 47.97 88.04
Operating Profit 3.47 4.80 7.41 10.88 11.62 5.66 9.93 8.83 2.57 2.56 4.03 3.98 4.67
OPM % 5.41% 5.88% 4.33% 5.67% 6.81% 5.28% 5.45% 10.66% 4.21% 6.09% 7.52% 7.66% 5.04%
0.61 0.02 2.28 0.96 0.72 0.77 0.87 2.40 1.40 0.41 0.42 1.09 1.74
Interest 0.43 0.39 0.45 0.19 0.03 0.12 0.41 0.01 0.04 0.03 0.04 0.04 0.32
Depreciation 0.21 0.20 0.20 0.20 0.20 0.20 0.19 0.19 0.20 0.17 0.17 0.17 0.27
Profit before tax 3.44 4.23 9.04 11.45 12.11 6.11 10.20 11.03 3.73 2.77 4.24 4.86 5.82
Tax % -1.74% -0.47% 5.75% 13.62% 13.13% 25.70% 22.25% 25.02% 41.02% 24.19% 23.82% 24.28% 30.93%
3.49 4.25 8.53 9.89 10.52 4.54 7.92 8.27 2.21 2.10 3.22 3.68 4.03
EPS in Rs 0.33 0.40 0.81 0.94 1.00 0.43 0.75 0.78 0.21 0.20 0.30 0.35 0.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
122 147 246 253 298 324 330 301 168 615 433 240
117 141 235 241 281 305 316 310 177 578 407 225
Operating Profit 5 6 10 13 17 20 14 -8 -9 38 26 15
OPM % 4% 4% 4% 5% 6% 6% 4% -3% -6% 6% 6% 6%
1 1 -1 1 0 1 0 2 0 2 7 4
Interest 0 0 0 0 1 2 3 4 2 2 1 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 5 6 8 12 16 17 10 -12 -12 37 31 18
Tax % 31% 35% 31% 40% 35% 35% 40% -2% -2% 10% 26% 27%
3 4 6 7 10 11 6 -12 -12 34 23 13
EPS in Rs 0.44 0.37 0.55 0.69 0.98 1.07 0.60 -1.17 -1.18 3.18 2.20 1.23
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 3% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: -6%
3 Years: 13%
TTM: -45%
Compounded Profit Growth
10 Years: 13%
5 Years: 15%
3 Years: 47%
TTM: -44%
Stock Price CAGR
10 Years: 29%
5 Years: 33%
3 Years: 91%
1 Year: 2%
Return on Equity
10 Years: 15%
5 Years: 13%
3 Years: 28%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 4 4 11 11 11 11 11 11 11 11 11
Reserves 13 23 25 26 37 48 55 42 31 64 87 100
0 0 13 6 7 25 35 37 15 0 0 12
16 16 25 36 40 30 24 16 27 47 22 21
Total Liabilities 32 43 68 79 94 114 125 105 84 121 120 144
4 3 3 3 3 3 10 10 9 8 8 9
CWIP 0 0 0 0 2 8 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 5 5 11
29 40 65 76 89 103 114 95 75 108 107 123
Total Assets 32 43 68 79 94 114 125 105 84 121 120 144

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
5 -5 -11 6 2 -12 -4 2 26 44 17 -17
-2 0 -0 -1 -4 -8 -1 1 -1 -3 4 -5
-0 7 9 -3 -1 -2 -3 -4 -2 -2 -1 11
Net Cash Flow 2 2 -3 2 -3 -21 -7 -1 23 39 21 -11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 76 84 97 93 104 112 79 94 41 42 106
Inventory Days
Days Payable
Cash Conversion Cycle 64 76 84 97 93 104 112 79 94 41 42 106
Working Capital Days 22 41 46 48 55 77 91 75 61 18 28 92
ROCE % 30% 28% 29% 30% 35% 28% 15% -8% -12% 59% 38%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.71% 73.71% 73.71% 73.71% 73.71% 71.16% 66.62% 64.65% 64.65% 61.81% 57.10% 57.10%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.17% 0.22% 0.22% 1.07% 7.36% 8.19%
26.29% 26.29% 26.29% 26.29% 26.29% 28.84% 33.21% 35.14% 35.14% 37.12% 35.54% 34.71%
No. of Shareholders 5,5536,0106,2086,6726,7786,7997,2166,6806,3566,4226,65413,737

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls