Tiger Logistics Retains Investment-Grade Ratings
Tiger Logistics (India) Limited has had its long-term credit rating reaffirmed at IVR A- and short-term rating at IVR A2+ by Infomerics. The outlook has been revised to Negative due to profitability pressures and working capital challenges stemming from global trade disruptions and market volatility. Despite these headwinds, the company achieved a 34.5% increase in container volumes in FY26, handling 92,614 TEUs, and saw its Total Operating Income grow by 6.8% to ₹573 crore. The reaffirmation acknowledges the company's strong market position, diversified services, asset-light model, and experienced management. Tiger Logistics is implementing measures to improve profitability and working capital efficiency, with positive expectations for future growth driven by key sectors and international expansion.
Key Highlights
- Infomerics reaffirms Tiger Logistics' credit ratings at IVR A- (long-term) and IVR A2+ (short-term).
- Outlook revised to Negative due to profitability and working capital pressures.
- Container volumes surged 34.5% in FY26 to 92,614 TEUs.
- Total Operating Income grew 6.8% to ₹573 crore in FY26.
- Company implementing measures to enhance margins and working capital efficiency.
Price Impact
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