TIGER LOGISTICS (INDIA) LTD: The stock market business started with momentum on Monday. BSE Sensex has opened at the level of 73934 points with a gain of 128 points while Nifty of the National Stock Exchange has opened at the level of 22412 points with a gain of 33 points.
Amidst the boom in the stock market, a slight weakness was recorded in the shares of Tiger Logistics Limited on Monday and it was functioning at the level of Rs 72.50.
The 52-week high level of Tiger Logistics shares is Rs 870 while the 52-week low is Rs 65.
Shares of Tiger Logistics have made investors rich during the Corona crisis by giving a bumper return of 2670% from the low level of Rs 27 on March 20, 2020.
Tiger Logistics (India) Limited has informed the stock market that as of the record date on March 4, 2024, its shares with a face value of ₹ 10 have converted into 10 shares with a face value of ₹ 1.
In January, Tiger Logistics Limited informed the stock market that it had received an order for logistics services from Hindustan Petroleum Corporation after participating in a tender.
Tiger Logistics has received an order from Hindustan Petroleum Corporation for logistics management in the petro segment.
In September, Tiger Logistics informed the stock market that it had received a big order from Bharat Earth Movers Limited. Tiger Logistics is a third-party logistics company that deals with international cargo and project logistics.
The company has been awarded an agreement worth Rs 100 million with Bharat Earth Movers Limited. Tiger Logistics has got this second contract in less than 1 month.Earlier, Tiger Logistics had won a contract from Bharat Heavy Electricals Limited in August.
If we talk about the customers of Tiger Logistics, then Bank Note Paper Mill India Private Limited, Hindustan Insecticides Limited, Airport Authority of India, Hindustan Aeronautics Limited, Bharat Earth Movers, National Automotive Testing and R&D Infra, Indian Oil, Chittaranjan Locomotive Works, IRCON International. And customers like the National Institute of Solar Energy are included in its list.
About Tiger Logistics (India) Ltd Company
Tiger Logistics Limited is an Indian logistics firm and solution supplier.
The company’s core business is international freight forwarding supply chain management projects, logistics management defense logistics, and logistical logistics for cold chains. It also handles cold chain logistics. The company is also an agent for customs houses.
The divisions of the company include Logistics and Others.
The company offers comprehensive solutions for a range of industries and markets. These are automobiles, auto components consumer durables, craft and gifts, clothing, construction materials as well as devices for health and medicine, etc.
It can provide specific shipping solutions tailored to the needs of specific sectors. It also provides full Container Load, known as Less than Container Load ocean freight services to all locations both from India.
Fundamental Analysis of Tiger Logistics (India) Ltd
| Market Cap | ₹ 7,665 Cr. |
| Current Price | ₹ 72.50 |
| 52-wk High | ₹ 870 |
| 52-wk Low | ₹ 65.60 |
| Stock P/E | 68.4 |
| Book Value | ₹ 9.76 |
| Dividend | 0.00 % |
| ROCE | 37.7 % |
| ROE | 27.1 % |
| Face Value | ₹ 10.0 |
| P/B Value | 7.35 |
| OPM | 6.30 % |
| EPS | ₹ 1.06 |
| Debt | ₹ 1.07 Cr. |
| Debt to Equity | 0.01 |
Tiger Logistics (India) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹80 | ₹100 |
| 2025 | ₹110 | ₹135 |
| 2026 | ₹142 | ₹160 |
| 2027 | ₹200 | ₹241 |
| 2028 | ₹250 | ₹268 |
| 2029 | ₹300 | ₹342 |
| 2030 | ₹345 | ₹400 |
Tiger Logistics (India) Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 66.62% |
| Mar 2023 | 64.65% |
| June 2023 | 64.65% |
| Sept 2023 | 61.81% |
| Dec 2023 | 57.10% |
| FII Holding | |
| Dec 2022 | 0.17 |
| Mar 2023 | 0.22% |
| June 2023 | 0.22% |
| Sept 2023 | 1.07% |
| Dec 2023 | 7.36% |
| Public Holding | |
| Dec 2022 | 33.21% |
| Mar 2023 | 35.14% |
| June 2023 | 35.14% |
| Sept 2023 | 37.12% |
| Dec 2023 | 35.54% |
Tiger Logistics (India) Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 330 Cr |
| 2020 | ₹ 301 Cr |
| 2021 | ₹ 168 Cr |
| 2022 | ₹ 615 Cr |
| 2023 | ₹ 209 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 6 Cr |
| 2020 | ₹ -12 Cr |
| 2021 | ₹ -12 Cr |
| 2022 | ₹ 34 Cr |
| 2023 | ₹ 11 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.54 |
| 2020 | 0.7 |
| 2021 | 0.36 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 21% |
| 5 Years: | 15% |
| 3 Years: | 57% |
| Current Year: | -64% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 16% |
| 5 Years: | 13% |
| 3 Years: | 24% |
| Last Year: | 27% |
Sales Growth Over 10 Years:
| 10 Years: | 14% |
| 5 Years: | 6% |
| 3 Years: | 13% |
| Current Year: | -62% |
Conclusion
This article is a complete guide about Tiger Logistics (India) Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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