Tiger Logistics Gets Credit Rating Upgrade from Infomerics

07 Aug 2025 CW Team

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.

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.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..