Tiger Logistics Retains Investment Grade Credit Rating Amid Industry Volatility, Reports Strong Volume Growth

Tiger Logistics Retains Investment Grade Credit Rating Amid Industry Volatility, Reports Strong Volume Growth​

Tiger Logistics (India) Limited, a listed international logistics and supply chain solutions provider, saw its long-term credit rating reaffirmed by Infomerics Valuation and Rating Limited on June 5, 2026. The company received an IVR A- rating for the long term and IVR A2+ for short term regarding bank facilities aggregating ₹45 crore.

The agency simultaneously revised the outlook to Negative, citing profitability pressures and working capital challenges stemming from global trade disruptions and industry-wide volatility. Despite this revision, the reaffirmation highlighted Tiger Logistics' established market position, prudent financial profile, and diversified service portfolio built over more than two decades in the sector.

Strong Volume Growth Reported​

During Fiscal Year 2026 (FY26), the company achieved significant operational growth. Container volumes increased by 34.5% year-on-year. In FY26, Tiger Logistics handled 92,614 TEUs compared to 68,858 TEUs in FY25.

Total Operating Income for FY26 grew 6.8% year-on-year, reaching ₹573 crore. This performance was achieved amid complex market dynamics including geopolitical uncertainties and freight rate fluctuations.

Infomerics noted the company's capabilities across ocean and air freight forwarding, customs clearance, project logistics, warehousing, and supply chain solutions. The firm also acknowledged that FY26 saw intense global logistics market volatility driven by supply chain rerouting and competitive pricing pressures.

Operational Focus and Future Outlook​

Despite facing these industry challenges, Tiger Logistics managed to expand cargo volumes, strengthen its market presence, and maintain a healthy balance sheet characterized by adequate liquidity and moderate leverage. The company has proactively initiated pricing adjustments and operational measures designed to improve working capital efficiency and profitability.

Harpreet Singh Malhotra, CMD of Tiger Logistics (India) Limited, commented on the rating reaffirmation, stating that it reflects the resilience of the company's business model and strong customer relationships. He noted that despite a challenging global trade environment, the organization delivered solid volume growth while strengthening its presence across critical industry sectors.

Mr. Singh Malhotra added that focused initiatives are underway to enhance margins and improve working capital efficiency. He expressed confidence in long-term growth prospects, citing momentum in renewable energy, automotive, electronics, and pharmaceuticals as key drivers for strategic sectors. The company remains committed to operational excellence and technology driven initiatives to create lasting value for all stakeholders.

Tiger Logistics is focused on continued growth by expanding into new international markets, strengthening integrated logistics solutions, and increasing participation in high-growth sectors.

TIGERLOGS Stock Price Movement​

Tiger Logistics (India) Limited shares edged higher today after the close, gaining 2.95% to settle at ₹34.46. The stock traded on a volume of 55,332 shares, successfully navigating its trading range and hitting a day high of ₹35.15.