Tiger Logistics Limited
Tiger logistics is a end to end supply chain solutions company mainly concentrated on exports. It was established in 2000 and listed in BSE SME platform in 2013. Their website says that clientele includes – Hero Moto Corp, Yamaha Motors, Honda Motorcycles & Scooters, Honda Cars, TVS, Bajaj Auto, Piaggio, BKT, LG Electronics, Su-Kam, Dura – Line, Euro Vistaa, KCTEX, Alok Industries, Jindal Agro, Bombaywala, Mccain Foods, APAR Industries, Rachitech, Inox Wind, Somany, Goldsil, Lancer Footwear and so on.
Financially the company looks strong and in a growth path. Sales have doubled since 2014 and PAT has almost tripled in the same time period. The debt is 6.5 crores as on March 2017 and debt to equity ratio is just 0.14. The company operates on very thin operating margin of around 5% and any adverse business conditions might affect the profitability of the company.
The share price is at 167.25 as on 15th Sept 2017. The P/E ratio is 16.64 which is reasonable given the growth rate of the company. The share price is currently trading close to 52-week low. Technically the stock has good support above 140 and I don't expect it to go below that unless there is any negative news about the company.
Overall I feel this stock might be a good investment bet for the long term. As the Indian exports grow due to more manufacturing happening in India Tiger logistics will be benefited with higher demand for its services. Since the company is small, it has lot of potential to grow in the logistic space and can also diversify into domestic logistics.
Disclosure: Currently I don't hold any position in the stock, but might buy in coming days based on market conditions.
Financially the company looks strong and in a growth path. Sales have doubled since 2014 and PAT has almost tripled in the same time period. The debt is 6.5 crores as on March 2017 and debt to equity ratio is just 0.14. The company operates on very thin operating margin of around 5% and any adverse business conditions might affect the profitability of the company.
The share price is at 167.25 as on 15th Sept 2017. The P/E ratio is 16.64 which is reasonable given the growth rate of the company. The share price is currently trading close to 52-week low. Technically the stock has good support above 140 and I don't expect it to go below that unless there is any negative news about the company.
Overall I feel this stock might be a good investment bet for the long term. As the Indian exports grow due to more manufacturing happening in India Tiger logistics will be benefited with higher demand for its services. Since the company is small, it has lot of potential to grow in the logistic space and can also diversify into domestic logistics.
Disclosure: Currently I don't hold any position in the stock, but might buy in coming days based on market conditions.
Awesome sir. Looking forward to buying it
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