Tiger Logistics Gets Credit Rating Upgrade from Infomerics

Tiger Logistics (India) Limited, a BSE-listed international logistics service provider, has received a significant credit rating upgrade from Infomerics Valuation and Rating Limited. The company's long-term rating has been raised to IVR A-/Stable and the short-term rating to IVR A2+, indicating improved financial strength and operational performance.
The upgrade reflects Tiger Logistics’ robust performance in the Financial Year 2025, during which it reported a total operating income of Rs 5.42 billion, marking a 125 per cent year-on-year increase. Net profit for the year stood at Rs 270 million, and the EBITDA margin improved to 6.76 per cent, highlighting the company’s focus on operational efficiency and scale-led profitability.
Infomerics’ revised rating covers total bank facilities of Rs 450 million, including working capital limits and proposed facilities. The rating rationale cited Tiger Logistics’ diversified service portfolio, strong customer relationships, and asset-light business model as key strengths.
The company’s liquidity position remains strong, with a current ratio of 3.42x and free cash equivalents of Rs 511.6 million as of 31 March 2025. With minimal term debt and a comfortable gearing ratio of 0.25x, Tiger Logistics is well-positioned to support India’s expanding global trade footprint.
Chairman and Managing Director Mr Harpreet Singh Malhotra welcomed the recognition, stating, “We are proud of this acknowledgement from Infomerics. It affirms the financial discipline and operational efficiency we’ve cultivated over the past two decades. This upgrade strengthens our ability to attract strategic capital and fuel future growth, particularly as we expand new verticals like TiGreen in the renewable logistics space.”
This achievement follows a series of key milestones, including the launch of FreightJar, Tiger Logistics’ proprietary digital freight booking platform, and its successful foray into new growth markets. The company reaffirmed its long-term vision and commitment to innovation, sustainable development, and value creation for shareholders.

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