Tiger Logistics (India) Ltd

Tiger Logistics (India) Ltd

₹ 70.9 7.82%
22 Nov - close price
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 749 Cr.
  • Current Price 70.9
  • High / Low 87.0 / 32.0
  • Stock P/E
  • Book Value 3.51
  • Dividend Yield 0.00 %
  • ROCE -8.12 %
  • ROE -21.0 %
  • Face Value 1.00

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 20.2 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 3.01% over last 3 years.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -16.6%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
80.09 96.90 73.25 81.60 78.32 97.20 70.15 79.09 84.20 68.03 23.85 32.56 47.56
74.92 90.17 69.47 76.91 77.17 92.91 68.67 76.97 81.41 83.38 30.69 40.06 45.22
Operating Profit 5.17 6.73 3.78 4.69 1.15 4.29 1.48 2.12 2.79 -15.35 -6.84 -7.50 2.34
OPM % 6.46% 6.95% 5.16% 5.75% 1.47% 4.41% 2.11% 2.68% 3.31% -22.56% -28.68% -23.03% 4.92%
0.06 0.10 0.43 -0.43 0.24 0.11 0.32 0.03 0.02 1.45 0.10 0.10 0.05
Interest 0.56 0.55 0.62 0.58 0.68 0.77 1.02 0.84 1.15 0.94 0.32 0.56 0.40
Depreciation 0.15 0.15 0.32 0.28 0.28 0.26 0.25 0.25 0.24 0.24 0.23 0.22 0.22
Profit before tax 4.52 6.13 3.27 3.40 0.43 3.37 0.53 1.06 1.42 -15.08 -7.29 -8.18 1.77
Tax % 34.07% 36.05% 30.28% 36.47% 25.58% 53.71% -13.21% 53.77% 44.37% 1.13% -0.96% 0.12% 28.25%
2.98 3.92 2.28 2.16 0.32 1.56 0.59 0.50 0.79 -15.25 -7.21 -8.19 1.27
EPS in Rs 0.28 0.37 0.22 0.20 0.03 0.15 0.06 0.05 0.07 -1.44 -0.68 -0.77 0.12
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
253 298 324 330 301 172
241 281 305 316 310 199
Operating Profit 13 17 20 14 -8 -27
OPM % 5% 6% 6% 4% -3% -16%
1 0 1 0 2 2
Interest 0 1 2 3 4 2
Depreciation 1 1 1 1 1 1
Profit before tax 12 16 17 10 -12 -29
Tax % 40% 35% 35% 40% 2%
7 10 11 6 -12 -29
EPS in Rs 0.69 0.98 1.07 0.60 -1.17 -2.77
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 0%
TTM: -48%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -954%
Stock Price CAGR
10 Years: 29%
5 Years: 71%
3 Years: 62%
1 Year: 26%
Return on Equity
10 Years: %
5 Years: %
3 Years: 3%
Last Year: -21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 11 11 11 11 11 11
Reserves 26 37 48 55 42 26
6 7 25 35 37 14
36 40 31 24 16 17
Total Liabilities 79 94 114 125 105 68
3 3 3 10 10 9
CWIP 0 2 8 0 0 0
Investments 0 0 0 0 0 0
76 89 103 114 95 59
Total Assets 79 94 114 125 105 68

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
6 2 -12 -4 2
-1 -4 -8 -1 1
-3 -1 -2 -3 -4
Net Cash Flow 2 -2 -21 -7 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 97 93 104 112 79
Inventory Days
Days Payable
Cash Conversion Cycle 97 93 104 112 79
Working Capital Days 48 55 77 91 75
ROCE % 35% 28% 15% -8%

Shareholding Pattern

Numbers in percentages

9 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.71% 73.71% 73.71% 71.16% 66.62% 64.65% 64.65% 61.81% 57.10% 57.10% 57.10% 57.10%
0.00% 0.00% 0.00% 0.00% 0.17% 0.22% 0.22% 1.07% 7.36% 8.19% 8.70% 8.08%
26.29% 26.29% 26.29% 28.84% 33.21% 35.14% 35.14% 37.12% 35.54% 34.71% 34.20% 34.83%
No. of Shareholders 6,2086,6726,7786,7997,2166,6806,3566,4226,65413,73715,38619,005

* 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