Financial Results Summary

Tiger Logistics (India) Limited announced its unaudited financial results for the quarter ended 30th September 2026 (Q2 FY27).

Quarterly Performance (Q2 FY27 vs Q1 FY27 vs Q2 FY26)

Revenue Performance:

  • Q2 FY27 Revenue: ₹22,513.9 lakh
  • Q1 FY27 Revenue: ₹15,252.5 lakh
  • QoQ Growth: +47.6%
  • Q2 FY26 Revenue: ₹16,873.1 lakh
  • YoY Growth: +33.4%

Profitability Metrics:

  • Q2 FY27 EBITDA: ₹999.0 lakh (2.3x QoQ increase from ₹438.2 lakh)
  • Q2 FY27 EBITDA Margin: 4.4% (improved from 2.9% in Q1 FY27, +156 bps)
  • Q2 FY26 EBITDA: ₹1,316.0 lakh
  • YoY EBITDA Change: (24.1%)
  • YoY EBITDA Margin Change: (336 bps) from 7.8%
  • Q2 FY27 PAT: ₹585.4 lakh (2.7x QoQ increase from ₹217.0 lakh)
  • Q2 FY27 PAT Margin: 2.6% (improved from 1.4% in Q1 FY27, +118 bps)
  • Q2 FY26 PAT: ₹861.9 lakh
  • YoY PAT Change: (32.1%)
  • YoY PAT Margin Change: (251 bps) from 5.1%
  • Q2 FY27 EPS: ₹0.57 (2.5x QoQ increase from ₹0.23)
  • Q2 FY26 EPS: ₹0.83
  • YoY EPS Change: (31.3%)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

Revenue Performance:

  • H1 FY27 Revenue: ₹37,766.4 lakh
  • H1 FY26 Revenue: ₹27,125.0 lakh
  • YoY Growth: +39.2%

Profitability Metrics:

  • H1 FY27 EBITDA: ₹1,437.2 lakh
  • H1 FY26 EBITDA: ₹2,052.5 lakh
  • YoY Change: (30.0%)
  • H1 FY27 EBITDA Margin: 3.8%
  • H1 FY26 EBITDA Margin: 7.6%
  • YoY Margin Change: (376 bps)
  • H1 FY27 PAT: ₹802.4 lakh
  • H1 FY26 PAT: ₹1,332.6 lakh
  • YoY Change: (39.8%)
  • H1 FY27 PAT Margin: 2.1%
  • H1 FY26 PAT Margin: 4.9%
  • YoY Margin Change: (279 bps)
  • H1 FY27 EPS: ₹0.79
  • H1 FY26 EPS: ₹1.30
  • YoY EPS Change: (39.2%)

Full Year Reference (FY26)

  • FY26 Revenue: ₹57,282.1 lakh
  • FY26 EBITDA: ₹3,468.7 lakh
  • FY26 EBITDA Margin: 6.1%
  • FY26 PAT: ₹2,151.5 lakh
  • FY26 PAT Margin: 3.8%
  • FY26 EPS: ₹2.05

Operational Metrics

  • H1 FY27 TEU volumes increased 12.7% YoY
  • H1 FY27 air cargo volumes increased 2.1x (110% increase) YoY

Management Commentary

Mr. Harpreet Singh Malhotra, Chairman & MD, commented on the strategic progress:

  • Company is scaling business verticals and building a more diversified, resilient international logistics company
  • Focus on pursuing reliable growth by strengthening presence across industries and deepening customer relationships
  • Expanding capabilities in high-potential segments including automotive, renewable energy, electronics, and engineering goods for PSUs
  • Deepening engagement across manufacturing, engineering and other industrial sectors
  • Global trade evolution amid geopolitical developments and shifting trade routes creates opportunities
  • Company's diversified industry exposure and adaptability to changing customer requirements are key strengths
  • Future focus: Continue investing in scaling core and emerging verticals, expanding industry reach, and delivering integrated logistics solutions

Company Background

Tiger Logistics (India) Limited is a publicly listed company providing international logistics solutions including:

  • Freight forwarding (air and ocean)
  • Customs clearance
  • Transportation
  • Project logistics
  • Other ancillary services

Industry Presence: 26+ years of experience across industries including:

  • Automotive
  • Renewable energy
  • Capital goods
  • Yarn and textiles
  • Chemicals
  • Pharmaceuticals
  • Commodities
  • FMCG

Founded: 2000 with vision to become a one-stop solution for international logistics

Safe Harbor Statement

The document contains forward-looking statements regarding future events, plans, objectives, research and development, project potential, characteristics and timelines based on current estimates and assumptions, subject to risks and uncertainties. The Company undertakes no obligation to update these statements.