VRL Logistics Ltd.
Snapshot View

296.50 -5.95 ▼-2.0%

23 July 2021, 04:00:00 P.M.
Volume: 6,443

Overview View Details

Sector Logistics Compare with Sector peers
Industry Logistics Compare with Industry peers
Website http://www.vrlgroup.in
Financial Indicators
Market Cap 2,628.24 Cr.
Earnings per share (EPS) 5.10 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 58.32 Trailing Twelve Months Ending 2021-03
Industry PE 201.96 Trailing Twelve Months Ending 2021-03
Book Value / Share 67.58 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.40 Calculated using Price: 297.45
Dividend Yield 1.34 Period Ending 2021-03
No. of Shares Subscribed 8.84 Cr. 88,359,141 Shares
FaceValue 10
Company Profile

VRL Logistics Ltd. was founded in 1976 by DR. Vijay Sankeshwar in Gadag, a small town in North Karnataka with a single truck and a vision that was way ahead of its time.  VRL gradually expanded its services to Bangalore, Hubli and Belgaum. From this humble beginning VRL has today grown into a nationally renowned logistics and transport company which is also currently the largest fleet owner of commercial vehicles in India. VRL finds mention in the Limca Book of Record as the largest fleet owner of commercial vehicles in india in the Private Sector. Over the years, VRL has pioneered in providing a safe and reliable delivery network in the field of parcel service. It has spread its operations to Courier Service, Priority Cargo & Transport of Passengers by Air to meet the growing demands of its burgeoning customer base.

3PL & Warehousing solutions offered by VRL are tailor-made and cater to unique needs of its diverse customer base. With the largest goods transportation network in India, VRL parcel service is indispensable for a large number of Corporate Houses. This network spans the length and breadth of the country and is supported by strategically located transshipment hubs. It operates through a network of many Branch and franchisees to cater its valuable customers and it is now in the process of expanding its services to reach even the remotest locations of the Country.

Business area of the company

VRL Logistics is engaged in goods transportation and passenger transportation. The Company offers logistics services dealing in domestic transportation of goods. It is also engaged in bus operations, air chartering service, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills. The company is one of the leading pan-India surface logistics and parcel delivery service providers. It owned and operated the largest fleet of commercial vehicles in the private sector in India. It provides general parcel and priority parcel delivery (less than truckload services, LTL), courier and full-truckload (FTL) services through its widespread transportation network in many States and Union Territories across India.

Services of the company

General parcel & VRL priority - General Parcel forms the core of VRL’s business and involves pan Indian movement of consignments of varying size and weight across the country on a Less than Truck Load (LTL) godown to godown Basis. The Company also provides the option of door collection and door delivery to the customers at a cost. The Priority Cargo business involves door-to-door delivery. VRL offers its goods transportation services several States and, Union Territories covering all major cities and towns in India. VRL has its exclusive offices across many towns and cities in India. Operations in this division are conducted through a network of several branches and franchisees.

Courier service business - Its offer Courier services for time sensitive documents and packages. Presently, its Courier offering is available within the State of Karnataka. Certain major out-of-Karnataka locations are being serviced through tie-ups with other operators.

Travels - VRL is one of the front runners in the Indian Passenger Travel Industry amongst the private sector players. These operations are conducted under the aegis of ‘VIJAYANAND TRAVELS’ covering several routes connecting many destinations with over many luxury Buses / Coaches. It is the Market Leader in Karnataka's Private Passenger Travel Industry.

Transport of passengers by air - In 2008, the company ventured into the Transport of Passengers by Air Industry. It was a gradual progression for the company. The Indian Aviation Industry has experienced a tremendous growth in the last few years, more so in the Private Aviation Sector. Keeping in mind the emerging market demand, VRL decided to enter the Transport of Passengers by Air Industry and serve VVIPs, VIPs & Corporate India. To this end, the Company had acquired a brand new, Premier Jet 1A aircraft, manufactured by Hawker Beechcraft Inc, USA.

Milestones

  • 1976: The goods transportation business was commenced by Dr. Vijay Sankeshwar, the company’s Promoter, through a proprietary concern.
  • 1983: The assets and liabilities of the proprietorship firm were purchased by a private limited company by the name of Vijayanand Roadlines.
  • 1992: Commencement of the courier service business in the State of Karnataka.
  • 1996: Commencement of the passenger transportation service business.
  • 2003: Vijayanand Printers became a wholly owned subsidiary of the company.
  • 2003: The company was listed in the Limca Book of Records as the “Single largest fleet owner of commercial vehicles in the private sector in India”.
  • 2004: The company acquired Vijayanand Travels, a proprietorship concern, to take over its passenger transportation business.
  • 2004: The company commenced commercial operations out of owned infrastructure facilities at Varur, Hubballi.
  • 2005: The company was certified ISO 9001:2000 for its passengers travel service at Hubballi, Bangalore and Belgaum.
  • 2006: The company was certified ISO 9001:2000 for providing logistics services for transportation of cargo, express cargo and courier services.
  • 2006: The equity and preference shareholding in Vijayanand Printers Limited was divested in full to Times Group.
  • 2006: The company commenced its wind power business and installed 34 wind turbine generators with a capacity of 1.25 MW each.
  • 2007: The company purchased a Premier 1A aircraft from Hawker Beechcraft Incorporation, USA to commence its air charter business.
  • 2009: The company was awarded the “Best Logistics Service Provider” in the FMCG and retail sectors by Frost & Sullivan.
  • 2010: The company power project was registered as Clean Development Mechanism (CDM) project with the United Nations Framework Convention on Climate Change (UNFCCC).
  • 2011: Foray into car carrying and liquid transportation.
  • 2012: Investment in the company by NSR by subscription to Preference Shares.
  • 2012: Turnover of the company crosses Rs 10,000 million.
  • 2013: Purchase of second hand aircraft from Force Motors to add to the air charter fleet.
  • 2014: Turnover of the company crosses Rs 15,000 million.
  • 2015: Company’s shares have been listed on BSE and NSE w.e.f 30th April 2015.
  • 2016: VRL Logistics decided to close its branch situated at Kathmandu in Nepal owing the recent past disturbances as also the uncertain conditions prevailing. The present day business of the company at Nepal is negligible. 
  • 2017: Reliance Mutual Fund (MF) has bought 20 lakh shares of VRL Logistics at Rs 339.99 on the NSE on August 31, 2017. However, Vijay B Sankeshwar has sold 20 lakh shares of the company at Rs 340 on the same day.
  • 2018: VRL Logistics plans to induct new trucks at a cost of around Rs 400 crore. 
  • 2018: Goldman Sachs Asset Management International (GSAM) has reduced its holding in VRL Logistics to 2,245,026 shares, representing 2.485% on 6 June, 2018.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.97%
1 Week
-4.71%
1 Month
+8.81%
3 Month
+36.51%
6 Month
+59.24%
1 Year
+93.03%
2 Year
+15.21%
5 Year
-16.47%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 48.42 23.49 27.54 23.96 13.36 16.32 14.84 14.27 7.42
Return on Capital Employed (%) 16.07 17.22 24.51 24.17 17.30 21.63 20.78 17.78 13.28
Return on Assets (%) 8.48 5.87 9.45 11.00 7.67 10.52 9.99 8.18 3.72

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 289 306 356 514 541 593 646 617 597
Non Curr. Liab. 374 348 292 221 168 109 208 355 343
Curr. Liab. 301 324 305 207 187 160 124 253 259
Minority Int.
Equity & Liab. 965 978 953 942 897 862 978 1,225 1,199
Non Curr. Assets 822 848 801 785 747 691 806 1,044 1,022
Curr. Assets 143 130 153 156 150 171 172 182 176
Misc. Exp. not W/O
Total Assets 965 978 953 942 897 862 978 1,225 1,199

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1,326 1,494 1,673 1,723 1,803 1,922 2,110 2,119 1,763
Other Income 10 10 6 9 9 14 8 10 13
Total Income 1,335 1,504 1,679 1,731 1,812 1,937 2,117 2,129 1,776
Total Expenditure -1,129 -1,286 -1,397 -1,451 -1,587 -1,688 -1,865 -1,820 -1,515
PBIDT 207 218 281 280 225 249 252 309 261
Interest -61 -61 -60 -32 -25 -12 -11 -37 -37
Depreciation -82 -87 -88 -90 -95 -98 -101 -168 -160
Taxation 17 -20 -47 -54 -35 -47 -49 -14 -19
Exceptional Items 7 4
PAT 80 57 91 104 70 93 92 90 45

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 164 203 235 264 198 205 192 257 271
Cash Fr. Inv. -90 -91 -49 -107 -59 -44 -209 -119 -31
Cash Fr. Finan. -74 -112 -185 -155 -146 -154 11 -138 -234
Net Change 0 2 2 -7 7 -6 0 5
Cash & Cash Eqvt 15 15 17 18 12 19 13 13 18

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.05 68.05 68.05 68.05 68.05 68.05 68.05 69.59 69.59
Public 31.95 31.95 31.95 31.95 31.95 31.95 31.95 30.41 30.41
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 15 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In accordance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find the details of scheduled conference calls with Analysts / Institutional Investors.
Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
VRL Logistics Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 13 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0330
Name of the Signatory :- Aniruddha Phadnavis
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Stochastic Trending Down Stochastic Trending Down

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Adani Ports and Special Economic Zone Ltd. 138,767.66 679.65 -1.7%
Container Corporation Of India Ltd. 40,420.59 663.40 -0.8%
Blue Dart Express Ltd. 13,534.29 5,703.95 -0.1%
Aegis Logistics Ltd. 11,277.63 321.30 +0.2%
TCI Express Ltd. 6,337.33 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. 5,326.07 362.40 -0.4%
Shipping Corporation Of India Ltd. 5,256.54 112.85 +0.3%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 27.79 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2021-03 80.02 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 132.94 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2021-03 50.49 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 63.00 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 5.80 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2021-03 7.55 112.85 +0.3%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 4.42 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2021-03 3.97 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 22.86 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2021-03 5.82 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 14.67 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 0.69 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2021-03 0.64 112.85 +0.3%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 1.14 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2020-03 0.01 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 1.01 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2020-03 0.18 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 0.00 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 0.65 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2020-03 0.63 112.85 +0.3%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 18.00 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2020-03 3.60 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 18.81 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2020-03 9.18 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 26.24 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 12.67 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2020-03 4.12 112.85 +0.3%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 14.12 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2020-03 5.20 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 22.71 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2020-03 13.50 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 34.23 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 9.56 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2020-03 5.79 112.85 +0.3%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 12,549.60 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2020-03 6,539.42 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 3,288.13 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2020-03 7,183.25 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 843.99 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 3,336.55 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2020-03 4,425.44 112.85 +0.3%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Adani Ports and Special Economic Zone Ltd. Consolidated 2021-03 5,063.01 679.65 -1.7%
Container Corporation Of India Ltd. Consolidated 2020-03 366.87 663.40 -0.8%
Blue Dart Express Ltd. Consolidated 2021-03 101.81 5,703.95 -0.1%
Aegis Logistics Ltd. Consolidated 2020-03 133.97 321.30 +0.2%
TCI Express Ltd. Standalone 2021-03 100.60 1,646.50 -1.7%
The Great Eastern Shipping Company Ltd. Consolidated 2021-03 918.52 362.40 -0.4%
Shipping Corporation Of India Ltd. Consolidated 2020-03 302.34 112.85 +0.3%