Penny Stock in Focus: Tiger Logistics’ Renewable Energy Vertical Set to Generate ₹150 Cr in Revenue
Penny Stock :Tiger Logistics (India) Limited, a leading global logistics solutions provider, is grabbing investor attention as its renewable energy vertical, TiGreen, gains strong momentum. The company has announced that this segment is expected to generate an additional revenue of ₹100-₹150 crore annually, marking a significant boost to its overall business.
Stock Performance and Market Movement
The stock of Tiger Logistics saw an upward movement of nearly 3% on Thursday, reaching an intraday high of ₹51 from its previous closing price of ₹49.59. Despite this short-term gain, the stock has delivered negative returns of approximately 29% over the past year. However, in the last month, it has recovered by about 22%, indicating renewed investor interest.
With a market capitalization of ₹538 crore, Tiger Logistics operates in a niche segment of logistics, with a particular focus on renewable energy logistics under TiGreen.
TiGreen’s Rapid Growth in Renewable Energy Logistics
Tiger Logistics has been expanding its renewable energy logistics business at a rapid pace. According to the company’s regulatory filings with the BSE, its TiGreen vertical has made a significant impact in the solar industry within just one year of its inception in March 2024.
One of the key growth indicators has been the rise in monthly shipment volumes. The company reported that its renewable energy logistics operations have grown from handling 300 TEUs in November 2024 to 1,500 TEUs currently. This remarkable growth is attributed to India’s booming solar energy market and its role as a major global manufacturing and export hub.
Strong Demand from the Solar Industry
The company’s logistics operations have witnessed an increase in demand for solar modules from China, with imports rising substantially since FY22. Currently, China supplies around 97% of the world’s polysilicon and 80% of solar modules, significantly contributing to TiGreen’s business expansion.
Given this trajectory, Tiger Logistics aims to further scale up its operations, expecting to reach 3,500 TEUs per month in the next 3-6 months.
Additionally, the company plans to expand its export operations to the U.S. market, which accounts for nearly 97% of India’s solar exports. This move could further strengthen Tiger Logistics’ position as a key player in the global solar module supply chain.
Financial Performance and Growth
Tiger Logistics has showcased robust financial growth, driven by the rapid expansion of its renewable energy logistics business.
| Financial Metric | Q3 FY24 | Q3 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | ₹52 Cr. | ₹160.5 Cr. | 208.7% |
| Net Profit | ₹3.68 Cr. | ₹8.42 Cr. | 128.8% |
This impressive revenue and profit growth highlight the strong performance of the company’s business model and its ability to capitalize on the growing demand in the renewable energy sector.
About TiGreen – A Focus on Sustainable Logistics
TiGreen, a dedicated vertical of Tiger Logistics, specializes in providing international logistics solutions for renewable energy projects. The company offers tailor-made 3PL logistics solutions for industries such as solar energy, electric vehicles (EVs), wind energy, and hydropower.
By leveraging its expertise in freight forwarding, transportation, and customs clearance, TiGreen aims to position itself as a leading logistics player in India’s clean energy revolution.
Key Financial Ratios & Market Data
| Metric | Value |
|---|---|
| Market Cap | ₹538 Cr. |
| Current Price | ₹50.9 |
| 52-Week High/Low | ₹80.4 / ₹32.0 |
| Stock P/E | 21.9 |
| Book Value | ₹11.7 |
| Dividend Yield | 0.00% |
| ROCE | 16.7% |
| ROE | 12.4% |
| Face Value | ₹1.00 |
| Promoter Holding | 57.1% |
| Price to Book Value | 4.36 |
| Debt to Equity | 0.28 |
| Pledged Percentage | 0.00% |
| Industry PE | 25.4 |
| Graham Number | ₹24.7 |
| Intrinsic Value | ₹22.5 |
| RSI | 43.8 |
| EPS | ₹2.33 |
| No. of Shares | 10.6 Cr. |
| PEG Ratio | 1.41 |
| 200 DMA | ₹59.3 |
| Free Cash Flow (3Yrs) | ₹41.0 Cr. |
| Free Cash Flow (5Yrs) | ₹69.2 Cr. |
| Debt | ₹34.3 Cr. |
| Return on Assets | 9.85% |
Future Outlook – A Strong Bet on Renewable Energy Logistics
Tiger Logistics is strategically positioning itself to benefit from the increasing demand for renewable energy logistics. The company’s strong foothold in solar logistics, rising shipment volumes, and expansion plans in the U.S. market are likely to drive sustained growth in the coming years.
With TiGreen expected to contribute ₹100-₹150 crore in additional revenue annually, the company is on a strong growth trajectory. Investors looking for exposure to the renewable energy sector through logistics may find Tiger Logistics an attractive bet.
Final Thoughts
While the stock has seen volatility in the past year, the company’s fundamentals remain strong. The rapid growth in its renewable energy logistics vertical, improving financials, and strategic expansion plans indicate a promising future.
As India continues its aggressive push towards renewable energy adoption, Tiger Logistics is well-positioned to ride the wave of this green revolution, making it a stock to watch in the coming months.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.