Tiger Logistics (India) Ltd

RBI compounding order details

• Awarding entity: Reserve Bank of India, Foreign Exchange Department (domestic).
• Nature and scope: Compounding order under FEMA Section 15 for post-disinvestment valuation reporting violation.
• Compounding amount: INR 59,981.
• Date of order receipt: 17 August 2026.
• Impact: no material impact on operations; limited to compounding payment.

HPCL project cargo contracts

• HPCL awards two air import contracts for 310 MT project cargo.
• Cargo comprises 80 MT from France and 210 MT from Saudi Arabia to Visakhapatnam.
• End-to-end scope includes air freight, customs clearance, and local transportation.
• Total contract value approx ₹8.80 crores; execution over one year.

Order details

• HPCL (domestic) awards ₹8.8 crore air freight contract for 310 MT to Visakhapatnam, including customs clearance, one-year.

Financial highlights

• Q1 FY27 revenue rose 48.8% YoY to ₹15,252.5 lakh.
• Total income for the quarter was ₹15,412.7 lakh.
• EBITDA ₹438.2 lakh; EBITDA margin 2.8%.
• EBIT ₹413.6 lakh; EBIT margin 2.7%.
• PAT ₹217.0 lakh; PAT margin 1.4%.
• TEU volumes grew 28.7% YoY.

Key business developments

• Renewal of logistics mandate with Bank Note Paper Mill India.
• New break-bulk logistics contract with BHEL.
• Elevated freight, fuel, and insurance costs pressured margins.

Outlook and strategy

• Management aims to sustain momentum, expand into new markets, and improve profitability.
• Focus on efficiency and pricing to convert volumes into sustainable profits.
• Geopolitical uncertainty and freight-rate volatility remain risks.

Business Overview

• End-to-end international logistics provider with asset-light operating model.
• Offers Ocean & Air Freight, Project Logistics, Road & Rail, and warehousing.
• Growth focus on new markets, deeper penetration, and pricing improvements.
• Strategic verticals include TiGreen renewable energy logistics and Cubox LCL consolidation.

Operational Highlights

• Q1 FY27 Total Income ₹154.1 Cr; YoY +48.2%; QoQ -6.8%.
• Revenue from operations ₹152.5 Cr in Q1 FY27; YoY +48.8%.
• TEU volumes rose 28.7% YoY in Q1 FY27.
• Renewed logistics mandate with Bank Note Paper Mill India; new BHEL break-bulk contract.
• Progress on Digital initiatives: instant quotes and end-to-end tracking.

Financial Performance

• EBITDA ₹4.38 Cr; margin 2.8% in Q1 FY27.
• PAT ₹2.17 Cr; margin 1.4% in Q1 FY27.
• PBT ₹2.90 Cr; tax ₹0.73 Cr.
• Total Income growth YoY +48.2%; QoQ -6.8%.

Capital Structure & Liquidity

• Fund-based WC limits: SBI ₹23.5 Cr; IDBI ₹3.5 Cr; ICICI ₹10 Cr; Kotak nil.
• Kotak limit nil as of 30 Jun 2026.
• Net cash in hand ₹45.5 Cr; fixed assets ₹9.6 Cr (Q1 FY27).

Strategic Priorities & Outlook

• Sustain growth momentum; improve efficiency and margins.
• Expand into new geographies; strengthen pricing across trade lanes.
• Grow digital freight booking, TiGreen Renewable Energy Logistics, and Cubox.

Governance & Leadership

• Chairman & MD: Harpreet Singh Malhotra.
• Company Secretary: Vishal Saurav Gupta; Investor Relations: Rik Capital.

Board approvals & disclosures

• Board approved unaudited standalone results for Q1 FY2027 (quarter ended 30 Jun 2026).
• Limited Review by auditors; results prepared under Ind AS 34 and LODR Regulation 33.

Financial highlights

• Revenue from operations: 15,252.50 lakh; other income: 160.23 lakh; total income: 15,412.73 lakh.
• Profit before tax: 250.00 lakh; profit after tax: 216.99 lakh; total comprehensive income: 239.62 lakh.
• Basic EPS: 0.23; diluted EPS: 0.30 for quarter ended 30 Jun 2026.

AGM & corporate actions

• Annual General Meeting scheduled for 24 Sep 2026, 01:00 PM via video conferencing.
• Register of members closed 17 Sep to 24 Sep 2026 (both days inclusive).

Business & reporting

• Company operates in a single reportable segment: logistics services.

Financial results

• Unaudited standalone quarterly results for quarter ended 30 June 2026 approved with Limited Review Report.

Directors' report and AGM

• Directors' Report for year ended 31 March 2026 approved.
• Notice of 26th AGM scheduled for 24 September 2026 at 1:00 PM via video conferencing approved.

Shareholder meeting logistics

• Register of members to be closed 17–24 September 2026 (inclusive).
• Scrutinizer appointment approved for AGM.
• Bigshare appointed for e-voting and AGM facilitation.

Auditor and compliance

• Limited Review on quarter ended 30 June 2026; no material misstatement reported.

Financial results

• Unaudited standalone quarterly results for quarter ended 30 June 2026 approved, with Limited Review Report.
• Auditors' Limited Review concluded no material misstatement in the results.

Directors' report and AGM disclosures

• Directors' Report for year ended 31 March 2026 approved.
• Notice of 26th AGM on 24 September 2026 via Video Conferencing approved.
• Scrutinizer appointed.

E-Voting and AGM arrangements

• Bigshare appointed for E-Voting and AGM facilitation.

Shareholder register

• Register of Members closed 17 September to 24 September 2026.

Other actions

• Other items on agenda approved.

Certificate submission status

• Certificate under Regulation 74(5) submitted by the Registrar and Transfer Agent for the latest quarter.