Wednesday 4 October 2017

SUCCESS STORY II – TIGER LOGISTICS (INDIA) LIMITED

Today we are sharing success story No. II of Tiger Logistics (India) Limited.

Tiger logistics (India) Ltd. came out with an IPO on SME platform with a vision to create big valuation and visibility.

The Profit of the Company at the time of Listing was Rs. 3.39 Crores. . As per financials of 2016-17 it is around 10.29 crores. 

Tiger Logistics (India) Ltd. came into lime light when the logistics sector was booming. Investments flowed in the Company as SME have the high growth potential.

The company gave a return of 450% which was on a higher side compared to its main board listed competitor Gati with a return of 400% during the same period.

Following table indicates now companies’ profits and valuation of promoter stakes have increased over a period of last 3 - 4 years.

Year
Turnover ( in crores)
Profit After Tax ( in crores)
Highest Price Per share()
Promoters stake (No. of shares)
Wealth ( In crore)
2013-14
147.48
                              3.92
200.15
30,87,000
                                  61.79
2014-15
                              245.82
                              5.78
375.00
30,87,000
115.76
2015-16
                              253.45
                              7.30
299.00
77,17,500
                                  230.75
2016-17
                              298.05
                              10.29
304.00
77,17,500
                                234.61

*This Write up is dated 3rd October, 2017


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