Announced Fri, 5 Jun, 2026 · 20:20 IST
Credit rating reaffirmed at A-; outlook revised to Negative from Stable
TIGERLOGS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹34.50
prior close
₹34.46
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-0.2-0.8-0.8+3.2+4.8+0.3+0.9+1.2+1.4+8.4-2.8-23.2-19.5
Up moveDown movePending
AI summary
Infomerics reaffirmed Tiger Logistics' rating at IVR A- (long term) and A2+ (short term) for bank facilities of Rs 45 crore. The outlook was revised to Negative from Stable, citing deterioration in FY26 profitability. EBITDA margin fell to 4.6% from 5.76%, Q4FY26 margins dropped to about 1%, and debtor days rose to 98 from 70. Interest coverage declined to 5.74x from 10.87x. Revenue grew 6.8% YoY to Rs 572.82 crore. Further weakness could lead to a downgrade.
Likely market impact
Negative outlook signals risk of future rating downgrade; reflects margin pressure, longer receivables, and weaker coverage metrics.