VRL Logistics Ltd.
•₹ 288.75-2.27%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2022 • Goods Transport: 89.3% • Bus Operation: 8.6% • Sale of Wind Power: 1.1% • Unallocated Incomes: 0.6% • Air Charter Business: 0.5%
PROS
- Company has delivered good profit growth of 39.4% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 22.8%
- Latest quarter profit grew 60.9% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.21x)
- Operating margins have improved to 20.2% from 15.8%
- Company has been maintaining a healthy dividend payout of 36.9%
CONS
- Growth is decelerating - 3Y profit CAGR (12.5%) trails the 5Y trend (39.4%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | CONCOR | 514.00 | 31.52 | 39147.16 | 1.67 | 268.90 | 0.61 | 2159.76 | 0.28 | 14.79 | 20.41 |
| 2. | DELHIVERY | 448.00 | 358.82 | 33562.68 | 0.00 | 31.91 | -64.96 | 2930.73 | 27.76 | 3.02 | 4.75 |
| 3. | SHADOWFAX | 265.20 | 139.25 | 15555.60 | 0.00 | 654.00 | 6732.86 | 13581.20 | 1806.32 | 4.90 | 6.76 |
| 4. | BLACKBUCK | 613.80 | 66.23 | 11180.37 | 0.00 | 42.17 | 25.14 | 204.17 | 42.17 | -31.80 | 24.35 |
| 5. | TCI | 914.10 | 15.38 | 7023.13 | 1.09 | 106.60 | -0.56 | 1248.50 | 9.58 | 20.52 | 12.30 |
| 6. | TVSSCS | 120.95 | 82.41 | 5336.60 | 0.00 | 22.48 | -96.84 | 3335.22 | 28.66 | 11.51 | 6.75 |
| 7. | VRLLOG | 231.45 | 0.00 | 4048.92 | 0.00 | 805.30 | 1509.31 | 8788.40 | 1080.70 | 26.47 | 21.23 |
| 8. | MAHLOG | 406.00 | 104.69 | 4028.43 | 0.62 | 278.30 | 3048.09 | 20028.80 | 1132.85 | 10.40 | 5.76 |
| 9. | SINDHUTRAD | 24.29 | 48.39 | 3745.35 | 0.00 | 38.74 | -79.39 | 129.21 | -21.85 | 12.80 | 45.34 |
| 10. | GATEWAY | 54.17 | 11.08 | 2706.57 | 6.00 | 51.27 | -17.56 | 549.30 | -0.21 | 17.99 | 21.31 |
| 11. | TCIEXP | 547.00 | 25.50 | 2102.90 | 1.28 | 20.49 | 5.24 | 313.40 | 9.29 | 13.92 | 10.03 |
| 12. | ALLCARGO | 10.11 | 50.48 | 1514.25 | 0.00 | 140.00 | 241.47 | 5460.00 | 43.06 | 5.31 | 13.00 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 674 | 709 | 737 | 768 | 727 | 799 | 825 | 809 | 744 | 797 | 827 | 853 | 8,788 | |
| 572 | 618 | 642 | 663 | 640 | 666 | 659 | 622 | 593 | 646 | 657 | 675 | 7,773 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 9 | 6 | 2 | 4 | 15 | 2 | 6 | 3 | 6 | 7 | 4 | 6 | 60 |
| Interest | 16 | 19 | 21 | 22 | 23 | 22 | 24 | 26 | 26 | 24 | 22 | 23 | 227 |
| Depreciation | 49 | 52 | 57 | 58 | 62 | 64 | 65 | 64 | 65 | 65 | 68 | 64 | 624 |
| 46 | 28 | 19 | 29 | 18 | 49 | 83 | 100 | 67 | 69 | 84 | 98 | 1,075 | |
| Tax % | 25.56% | 27.80% | 26.93% | 26.00% | 23.64% | 27.34% | 28.80% | 25.44% | 25.57% | 27.82% | 22.77% | 26.15% | 25.10% |
| Net Profit | 34 | 20 | 14 | 22 | 13 | 36 | 59 | 74 | 50 | 50 | 65 | 72 | 805 |
| 4 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 3 | 4 | 4 | 5 | |
| Equity Capital | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 175 | 175 | 175 | 1,749 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 175 | 175 | 175 | 1,749 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 674
- 572
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 16
- Depreciation
- 49
- 46
- Tax %
- 25.56%
- Net Profit
- 34
- 4
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 709
- 618
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 19
- Depreciation
- 52
- 28
- Tax %
- 27.80%
- Net Profit
- 20
- 2
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 737
- 642
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 21
- Depreciation
- 57
- 19
- Tax %
- 26.93%
- Net Profit
- 14
- 2
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 768
- 663
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 22
- Depreciation
- 58
- 29
- Tax %
- 26.00%
- Net Profit
- 22
- 2
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 727
- 640
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 23
- Depreciation
- 62
- 18
- Tax %
- 23.64%
- Net Profit
- 13
- 2
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 799
- 666
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 22
- Depreciation
- 64
- 49
- Tax %
- 27.34%
- Net Profit
- 36
- 2
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 825
- 659
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 24
- Depreciation
- 65
- 83
- Tax %
- 28.80%
- Net Profit
- 59
- 3
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 809
- 622
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 26
- Depreciation
- 64
- 100
- Tax %
- 25.44%
- Net Profit
- 74
- 4
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 744
- 593
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 26
- Depreciation
- 65
- 67
- Tax %
- 25.57%
- Net Profit
- 50
- 6
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 87
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 797
- 646
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 24
- Depreciation
- 65
- 69
- Tax %
- 27.82%
- Net Profit
- 50
- 3
- Equity Capital
- 175
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 175
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 827
- 657
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 22
- Depreciation
- 68
- 84
- Tax %
- 22.77%
- Net Profit
- 65
- 4
- Equity Capital
- 175
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 175
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 853
- 675
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 23
- Depreciation
- 64
- 98
- Tax %
- 26.15%
- Net Profit
- 72
- 4
- Equity Capital
- 175
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 175
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 8,788
- 7,773
- Operating Profit
- —
- OPM %
- —
- Other Income
- 60
- Interest
- 227
- Depreciation
- 624
- 1,075
- Tax %
- 25.10%
- Net Profit
- 805
- 5
- Equity Capital
- 1,749
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,749
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,803 | 1,922 | 2,110 | 2,119 | 1,763 | 2,164 | 2,649 | 2,889 | 3,161 | 3,221 | 3,356 | |
| 1,587 | 1,688 | 1,865 | 1,820 | 1,515 | 1,788 | 2,246 | 2,494 | 2,586 | 2,569 | 2,755 | |
| Operating Profit | 225 | 249 | 252 | 309 | 261 | 393 | 418 | 416 | 599 | 676 | — |
| OPM % | 12 | 13 | 12 | 15 | 15 | 18 | 16 | 14 | 19 | 21 | — |
| Other Income | 9 | 14 | 8 | 10 | 13 | 17 | 15 | 21 | 24 | 24 | 23 |
| Interest | 25 | 12 | 11 | 37 | 37 | 44 | 56 | 79 | 96 | 97 | 91 |
| Depreciation | 95 | 98 | 101 | 168 | 160 | 145 | 159 | 216 | 254 | 261 | 259 |
| 105 | 139 | 140 | 104 | 64 | 205 | 203 | 121 | 250 | 318 | 358 | |
| Tax % | 33 | 34 | 35 | 14 | 29 | 24 | 18 | 26 | 27 | 25 | 25 |
| Net Profit | 70 | 93 | 92 | 90 | 45 | 156 | 166 | 89 | 183 | 237 | 267 |
| EPS | 8 | 10 | 10 | 10 | 5 | 18 | 37 | 10 | 21 | 14 | — |
| Dividend Payout % | 52 | 0 | 54 | 70 | 78 | 45 | 27 | 0 | 72 | 37 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 5 | 5 | 5 | 3 | 9 | 9 | 5 | 10 | 14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 5 | 5 | 5 | 3 | 9 | 9 | 5 | 10 | 14 | — |
Mar 2017
- 1,803
- 1,587
- Operating Profit
- 225
- OPM %
- 12
- Other Income
- 9
- Interest
- 25
- Depreciation
- 95
- 105
- Tax %
- 33
- Net Profit
- 70
- EPS
- 8
- Dividend Payout %
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2018
- 1,922
- 1,688
- Operating Profit
- 249
- OPM %
- 13
- Other Income
- 14
- Interest
- 12
- Depreciation
- 98
- 139
- Tax %
- 34
- Net Profit
- 93
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 2,110
- 1,865
- Operating Profit
- 252
- OPM %
- 12
- Other Income
- 8
- Interest
- 11
- Depreciation
- 101
- 140
- Tax %
- 35
- Net Profit
- 92
- EPS
- 10
- Dividend Payout %
- 54
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2020
- 2,119
- 1,820
- Operating Profit
- 309
- OPM %
- 15
- Other Income
- 10
- Interest
- 37
- Depreciation
- 168
- 104
- Tax %
- 14
- Net Profit
- 90
- EPS
- 10
- Dividend Payout %
- 70
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2021
- 1,763
- 1,515
- Operating Profit
- 261
- OPM %
- 15
- Other Income
- 13
- Interest
- 37
- Depreciation
- 160
- 64
- Tax %
- 29
- Net Profit
- 45
- EPS
- 5
- Dividend Payout %
- 78
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 2,164
- 1,788
- Operating Profit
- 393
- OPM %
- 18
- Other Income
- 17
- Interest
- 44
- Depreciation
- 145
- 205
- Tax %
- 24
- Net Profit
- 156
- EPS
- 18
- Dividend Payout %
- 45
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2023
- 2,649
- 2,246
- Operating Profit
- 418
- OPM %
- 16
- Other Income
- 15
- Interest
- 56
- Depreciation
- 159
- 203
- Tax %
- 18
- Net Profit
- 166
- EPS
- 37
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2024
- 2,889
- 2,494
- Operating Profit
- 416
- OPM %
- 14
- Other Income
- 21
- Interest
- 79
- Depreciation
- 216
- 121
- Tax %
- 26
- Net Profit
- 89
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 3,161
- 2,586
- Operating Profit
- 599
- OPM %
- 19
- Other Income
- 24
- Interest
- 96
- Depreciation
- 254
- 250
- Tax %
- 27
- Net Profit
- 183
- EPS
- 21
- Dividend Payout %
- 72
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2026
- 3,221
- 2,569
- Operating Profit
- 676
- OPM %
- 21
- Other Income
- 24
- Interest
- 97
- Depreciation
- 261
- 318
- Tax %
- 25
- Net Profit
- 237
- EPS
- 14
- Dividend Payout %
- 37
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 3,356
- 2,755
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 91
- Depreciation
- 259
- 358
- Tax %
- 25
- Net Profit
- 267
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- 13%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- 39%
- 3 Years:
- 13%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- 13%
- 3 Years:
- -5%
- 1 Year:
- 5%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 19%
- 3 Years:
- 16%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 91 | 90 | 90 | 90 | 88 | 88 | 88 | 87 | 87 | 175 |
| 450 | 503 | 556 | 527 | 509 | 563 | 887 | 858 | 997 | 968 | |
| 125 | 76 | 37 | 94 | 80 | 62 | 72 | 39 | 0 | 28 | |
| Trade Payables | 4 | 7 | 6 | 3 | 14 | 20 | 14 | 15 | 31 | 26 |
| 226 | 186 | 288 | 511 | 508 | 647 | 830 | 1,214 | 1,871 | 1,826 | |
| Total Liabilities | 897 | 862 | 978 | 1,225 | 1,199 | 1,380 | 1,892 | 2,214 | 2,986 | 3,023 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 691 | 622 | 703 | 988 | 952 | 1,097 | 1,481 | 1,900 | 2,242 | 2,304 | |
| Capital Work in Progress | 2 | 8 | 42 | 4 | 6 | 35 | 38 | 24 | 15 | 22 |
| 0 | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 0 | 0 | |
| 18 | 24 | 30 | 29 | 40 | 46 | 53 | 41 | 43 | 44 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88 | 93 | 86 | |
| Cash & Bank | 12 | 19 | 13 | 13 | 19 | 14 | 75 | 19 | 53 | 16 |
| 173 | 189 | 191 | 190 | 182 | 188 | 229 | 142 | 540 | 552 | |
| Total Assets | 897 | 862 | 978 | 1,225 | 1,199 | 1,380 | 1,892 | 2,214 | 2,986 | 3,023 |
| Total Debt | 185 | 81 | 141 | 189 | 120 | 143 | 179 | 279 | 449 | 456 |
| Net Working Capital | -37 | 12 | 48 | -71 | -82 | -94 | -27 | -178 | -147 | -210 |
| Contingent Liabilities | 38 | 47 | 33 | 45 | 45 | 46 | 32 | 33 | 83 | 53 |
| Book Value per Share | 59.32 | 65.66 | 71.50 | 68.28 | 67.59 | 73.76 | 110.46 | 108.13 | 123.99 | 65.30 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 185 | 81 | 141 | 189 | 120 | 143 | 179 | 279 | 449 | 456 |
| Net Working Capital | -37 | 12 | 48 | -71 | -82 | -94 | -27 | -178 | -147 | -210 |
| Contingent Liabilities | 38 | 47 | 33 | 45 | 45 | 46 | 32 | 33 | 83 | 53 |
| Book Value per Share | 59.32 | 65.66 | 71.50 | 68.28 | 67.59 | 73.76 | 110.46 | 108.13 | 123.99 | 65.30 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 91
- 450
- 125
- Trade Payables
- 4
- 226
- Total Liabilities
- 897
- 691
- Capital Work in Progress
- 2
- 0
- 18
- 0
- Cash & Bank
- 12
- 173
- Total Assets
- 897
- Total Debt
- 185
- Net Working Capital
- -37
- Contingent Liabilities
- 38
- Book Value per Share
- 59.32
- Face Value
- 10.00
- Total Debt
- 185
- Net Working Capital
- -37
- Contingent Liabilities
- 38
- Book Value per Share
- 59.32
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 90
- 503
- 76
- Trade Payables
- 7
- 186
- Total Liabilities
- 862
- 622
- Capital Work in Progress
- 8
- 0
- 24
- 0
- Cash & Bank
- 19
- 189
- Total Assets
- 862
- Total Debt
- 81
- Net Working Capital
- 12
- Contingent Liabilities
- 47
- Book Value per Share
- 65.66
- Face Value
- 10.00
- Total Debt
- 81
- Net Working Capital
- 12
- Contingent Liabilities
- 47
- Book Value per Share
- 65.66
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 90
- 556
- 37
- Trade Payables
- 6
- 288
- Total Liabilities
- 978
- 703
- Capital Work in Progress
- 42
- 0
- 30
- 0
- Cash & Bank
- 13
- 191
- Total Assets
- 978
- Total Debt
- 141
- Net Working Capital
- 48
- Contingent Liabilities
- 33
- Book Value per Share
- 71.50
- Face Value
- 10.00
- Total Debt
- 141
- Net Working Capital
- 48
- Contingent Liabilities
- 33
- Book Value per Share
- 71.50
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 90
- 527
- 94
- Trade Payables
- 3
- 511
- Total Liabilities
- 1,225
- 988
- Capital Work in Progress
- 4
- 0
- 29
- 0
- Cash & Bank
- 13
- 190
- Total Assets
- 1,225
- Total Debt
- 189
- Net Working Capital
- -71
- Contingent Liabilities
- 45
- Book Value per Share
- 68.28
- Face Value
- 10.00
- Total Debt
- 189
- Net Working Capital
- -71
- Contingent Liabilities
- 45
- Book Value per Share
- 68.28
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 88
- 509
- 80
- Trade Payables
- 14
- 508
- Total Liabilities
- 1,199
- 952
- Capital Work in Progress
- 6
- 0
- 40
- 0
- Cash & Bank
- 19
- 182
- Total Assets
- 1,199
- Total Debt
- 120
- Net Working Capital
- -82
- Contingent Liabilities
- 45
- Book Value per Share
- 67.59
- Face Value
- 10.00
- Total Debt
- 120
- Net Working Capital
- -82
- Contingent Liabilities
- 45
- Book Value per Share
- 67.59
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 88
- 563
- 62
- Trade Payables
- 20
- 647
- Total Liabilities
- 1,380
- 1,097
- Capital Work in Progress
- 35
- 0
- 46
- 0
- Cash & Bank
- 14
- 188
- Total Assets
- 1,380
- Total Debt
- 143
- Net Working Capital
- -94
- Contingent Liabilities
- 46
- Book Value per Share
- 73.76
- Face Value
- 10.00
- Total Debt
- 143
- Net Working Capital
- -94
- Contingent Liabilities
- 46
- Book Value per Share
- 73.76
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 88
- 887
- 72
- Trade Payables
- 14
- 830
- Total Liabilities
- 1,892
- 1,481
- Capital Work in Progress
- 38
- 15
- 53
- 0
- Cash & Bank
- 75
- 229
- Total Assets
- 1,892
- Total Debt
- 179
- Net Working Capital
- -27
- Contingent Liabilities
- 32
- Book Value per Share
- 110.46
- Face Value
- 10.00
- Total Debt
- 179
- Net Working Capital
- -27
- Contingent Liabilities
- 32
- Book Value per Share
- 110.46
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 87
- 858
- 39
- Trade Payables
- 15
- 1,214
- Total Liabilities
- 2,214
- 1,900
- Capital Work in Progress
- 24
- 0
- 41
- 88
- Cash & Bank
- 19
- 142
- Total Assets
- 2,214
- Total Debt
- 279
- Net Working Capital
- -178
- Contingent Liabilities
- 33
- Book Value per Share
- 108.13
- Face Value
- 10.00
- Total Debt
- 279
- Net Working Capital
- -178
- Contingent Liabilities
- 33
- Book Value per Share
- 108.13
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 87
- 997
- 0
- Trade Payables
- 31
- 1,871
- Total Liabilities
- 2,986
- 2,242
- Capital Work in Progress
- 15
- 0
- 43
- 93
- Cash & Bank
- 53
- 540
- Total Assets
- 2,986
- Total Debt
- 449
- Net Working Capital
- -147
- Contingent Liabilities
- 83
- Book Value per Share
- 123.99
- Face Value
- 10.00
- Total Debt
- 449
- Net Working Capital
- -147
- Contingent Liabilities
- 83
- Book Value per Share
- 123.99
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 175
- 968
- 28
- Trade Payables
- 26
- 1,826
- Total Liabilities
- 3,023
- 2,304
- Capital Work in Progress
- 22
- 0
- 44
- 86
- Cash & Bank
- 16
- 552
- Total Assets
- 3,023
- Total Debt
- 456
- Net Working Capital
- -210
- Contingent Liabilities
- 53
- Book Value per Share
- 65.30
- Face Value
- 10.00
- Total Debt
- 456
- Net Working Capital
- -210
- Contingent Liabilities
- 53
- Book Value per Share
- 65.30
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 198 | 205 | 192 | 257 | 272 | 371 | 318 | 424 | 555 | 654 | |
| Cash from Investing | -59 | -44 | -209 | -119 | -32 | -180 | -144 | -243 | -430 | -294 |
| Cash from Financing | -146 | -154 | 11 | -138 | -234 | -201 | -171 | -174 | -90 | -398 |
| -7 | 7 | -6 | 0 | 6 | -10 | 3 | 7 | 35 | -38 | |
| Free Cash Flow | 139 | 173 | -21 | -132 | 195 | 83 | -3 | -122 | 30 | 407 |
| OCF / Net Profit | 2.81 | 2.22 | 2.09 | 2.86 | 6.03 | 2.37 | 1.92 | 4.76 | 3.03 | 2.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 354 | 298 | 122 | 21 | 183 | 394 |
| OCF / Net Profit | 2.81 | 2.22 | 2.09 | 2.86 | 6.03 | 2.37 | 1.92 | 4.76 | 3.03 | 2.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 354 | 298 | 122 | 21 | 183 | 394 |
Mar 2017
- 198
- Cash from Investing
- -59
- Cash from Financing
- -146
- -7
- Free Cash Flow
- 139
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- 0
Mar 2018
- 205
- Cash from Investing
- -44
- Cash from Financing
- -154
- 7
- Free Cash Flow
- 173
- OCF / Net Profit
- 2.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.22
- Cumulative 5-Year FCF
- 0
Mar 2019
- 192
- Cash from Investing
- -209
- Cash from Financing
- 11
- -6
- Free Cash Flow
- -21
- OCF / Net Profit
- 2.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.09
- Cumulative 5-Year FCF
- 0
Mar 2020
- 257
- Cash from Investing
- -119
- Cash from Financing
- -138
- 0
- Free Cash Flow
- -132
- OCF / Net Profit
- 2.86
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.86
- Cumulative 5-Year FCF
- 0
Mar 2021
- 272
- Cash from Investing
- -32
- Cash from Financing
- -234
- 6
- Free Cash Flow
- 195
- OCF / Net Profit
- 6.03
- Cumulative 5-Year FCF
- 354
- OCF / Net Profit
- 6.03
- Cumulative 5-Year FCF
- 354
Mar 2022
- 371
- Cash from Investing
- -180
- Cash from Financing
- -201
- -10
- Free Cash Flow
- 83
- OCF / Net Profit
- 2.37
- Cumulative 5-Year FCF
- 298
- OCF / Net Profit
- 2.37
- Cumulative 5-Year FCF
- 298
Mar 2023
- 318
- Cash from Investing
- -144
- Cash from Financing
- -171
- 3
- Free Cash Flow
- -3
- OCF / Net Profit
- 1.92
- Cumulative 5-Year FCF
- 122
- OCF / Net Profit
- 1.92
- Cumulative 5-Year FCF
- 122
Mar 2024
- 424
- Cash from Investing
- -243
- Cash from Financing
- -174
- 7
- Free Cash Flow
- -122
- OCF / Net Profit
- 4.76
- Cumulative 5-Year FCF
- 21
- OCF / Net Profit
- 4.76
- Cumulative 5-Year FCF
- 21
Mar 2025
- 555
- Cash from Investing
- -430
- Cash from Financing
- -90
- 35
- Free Cash Flow
- 30
- OCF / Net Profit
- 3.03
- Cumulative 5-Year FCF
- 183
- OCF / Net Profit
- 3.03
- Cumulative 5-Year FCF
- 183
Mar 2026
- 654
- Cash from Investing
- -294
- Cash from Financing
- -398
- -38
- Free Cash Flow
- 407
- OCF / Net Profit
- 2.76
- Cumulative 5-Year FCF
- 394
- OCF / Net Profit
- 2.76
- Cumulative 5-Year FCF
- 394
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 7.72 | 10.25 | 10.17 | 9.97 | 5.10 | 17.68 | 18.81 | 10.18 | 20.91 | 13.54 |
| Book Value (₹) | 59.32 | 65.66 | 71.50 | 68.28 | 67.59 | 73.76 | 110.46 | 108.13 | 123.99 | 65.30 |
| Dividend per Share (₹) | 4.00 | 0.00 | 5.50 | 7.00 | 4.00 | 8.00 | 5.00 | 0.00 | 15.00 | 5.00 |
| Cash EPS (₹) | 9.08 | 10.53 | 10.65 | 14.26 | 11.59 | 17.02 | 18.41 | 17.45 | 24.95 | 28.46 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.49% | 12.96% | 11.96% | 14.59% | 14.80% | 18.15% | 15.75% | 13.63% | 18.16% | 20.23% |
| Net Margin % | 3.91% | 4.82% | 4.36% | 4.25% | 2.56% | 7.22% | 6.26% | 3.08% | 5.78% | 7.35% |
| ROE % | 13.36% | 16.32% | 14.84% | 14.27% | 7.42% | 25.01% | 20.42% | 9.27% | 18.02% | 21.27% |
| ROCE % | 17.30% | 21.63% | 20.78% | 17.78% | 13.28% | 32.85% | 26.54% | 16.80% | 25.06% | 26.47% |
| 7.67% | 10.52% | 9.99% | 8.18% | 3.72% | 12.11% | 10.16% | 4.34% | 7.04% | 7.88% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 15 | 15 | 14 | 14 | 15 | 11 | 10 | 11 | 10 | 10 |
| Inventory Days | 4 | 4 | 5 | 5 | 7 | 7 | 7 | 6 | 5 | 5 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 | 19 | 19 | 19 | 23 | 18 | 17 | 17 | 15 | 15 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.34x | 0.14x | 0.22x | 0.31x | 0.20x | 0.22x | 0.18x | 0.30x | 0.41x | 0.40x |
| Interest Coverage (x) | 5.27x | 12.59x | 13.38x | 3.80x | 2.70x | 5.70x | 4.60x | 2.53x | 3.61x | 4.29x |
| 0.80x | 1.07x | 1.39x | 0.72x | 0.68x | 0.65x | 0.91x | 0.54x | 0.66x | 0.60x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 4.68% | 6.61% | 9.74% | 0.43% | -16.79% | 22.73% | 22.42% | 9.07% | 9.43% | 1.90% |
| Operating Profit Growth % | -19.59% | 10.59% | 1.35% | 22.49% | -15.60% | 50.53% | 6.39% | -0.56% | 44.21% | 12.72% |
| Net Profit Growth % | -32.39% | 31.35% | -0.70% | -1.96% | -49.99% | 246.48% | 6.39% | -46.39% | 105.39% | 29.47% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -45.86% | 105.38% | -35.26% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 53.66x | 11.30x | 17.26x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.05x | 3.81x | 3.58x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.17% | 2.14% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.13x | 7.56x | 6.70x |
Mar 2017
- EPS (₹)
- 7.72
- Book Value (₹)
- 59.32
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 9.08
- Operating Margin %
- 12.49%
- Net Margin %
- 3.91%
- ROE %
- 13.36%
- ROCE %
- 17.30%
- 7.67%
- Debtor Days
- 15
- Inventory Days
- 4
- Payable Days
- 0
- 19
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 5.27x
- 0.80x
- Revenue Growth %
- 4.68%
- Operating Profit Growth %
- -19.59%
- Net Profit Growth %
- -32.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 10.25
- Book Value (₹)
- 65.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 10.53
- Operating Margin %
- 12.96%
- Net Margin %
- 4.82%
- ROE %
- 16.32%
- ROCE %
- 21.63%
- 10.52%
- Debtor Days
- 15
- Inventory Days
- 4
- Payable Days
- 0
- 19
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 12.59x
- 1.07x
- Revenue Growth %
- 6.61%
- Operating Profit Growth %
- 10.59%
- Net Profit Growth %
- 31.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 10.17
- Book Value (₹)
- 71.50
- Dividend per Share (₹)
- 5.50
- Cash EPS (₹)
- 10.65
- Operating Margin %
- 11.96%
- Net Margin %
- 4.36%
- ROE %
- 14.84%
- ROCE %
- 20.78%
- 9.99%
- Debtor Days
- 14
- Inventory Days
- 5
- Payable Days
- 0
- 19
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 13.38x
- 1.39x
- Revenue Growth %
- 9.74%
- Operating Profit Growth %
- 1.35%
- Net Profit Growth %
- -0.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 9.97
- Book Value (₹)
- 68.28
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 14.26
- Operating Margin %
- 14.59%
- Net Margin %
- 4.25%
- ROE %
- 14.27%
- ROCE %
- 17.78%
- 8.18%
- Debtor Days
- 14
- Inventory Days
- 5
- Payable Days
- 0
- 19
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 3.80x
- 0.72x
- Revenue Growth %
- 0.43%
- Operating Profit Growth %
- 22.49%
- Net Profit Growth %
- -1.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.10
- Book Value (₹)
- 67.59
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 11.59
- Operating Margin %
- 14.80%
- Net Margin %
- 2.56%
- ROE %
- 7.42%
- ROCE %
- 13.28%
- 3.72%
- Debtor Days
- 15
- Inventory Days
- 7
- Payable Days
- 0
- 23
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 2.70x
- 0.68x
- Revenue Growth %
- -16.79%
- Operating Profit Growth %
- -15.60%
- Net Profit Growth %
- -49.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 17.68
- Book Value (₹)
- 73.76
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 17.02
- Operating Margin %
- 18.15%
- Net Margin %
- 7.22%
- ROE %
- 25.01%
- ROCE %
- 32.85%
- 12.11%
- Debtor Days
- 11
- Inventory Days
- 7
- Payable Days
- 0
- 18
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 5.70x
- 0.65x
- Revenue Growth %
- 22.73%
- Operating Profit Growth %
- 50.53%
- Net Profit Growth %
- 246.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 18.81
- Book Value (₹)
- 110.46
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 18.41
- Operating Margin %
- 15.75%
- Net Margin %
- 6.26%
- ROE %
- 20.42%
- ROCE %
- 26.54%
- 10.16%
- Debtor Days
- 10
- Inventory Days
- 7
- Payable Days
- 0
- 17
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 4.60x
- 0.91x
- Revenue Growth %
- 22.42%
- Operating Profit Growth %
- 6.39%
- Net Profit Growth %
- 6.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.18
- Book Value (₹)
- 108.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.45
- Operating Margin %
- 13.63%
- Net Margin %
- 3.08%
- ROE %
- 9.27%
- ROCE %
- 16.80%
- 4.34%
- Debtor Days
- 11
- Inventory Days
- 6
- Payable Days
- 0
- 17
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 2.53x
- 0.54x
- Revenue Growth %
- 9.07%
- Operating Profit Growth %
- -0.56%
- Net Profit Growth %
- -46.39%
- -45.86%
- P/E (x)
- 53.66x
- P/B (x)
- 5.05x
- Dividend Yield %
- 0.00%
- 12.13x
Mar 2025
- EPS (₹)
- 20.91
- Book Value (₹)
- 123.99
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 24.95
- Operating Margin %
- 18.16%
- Net Margin %
- 5.78%
- ROE %
- 18.02%
- ROCE %
- 25.06%
- 7.04%
- Debtor Days
- 10
- Inventory Days
- 5
- Payable Days
- 0
- 15
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 3.61x
- 0.66x
- Revenue Growth %
- 9.43%
- Operating Profit Growth %
- 44.21%
- Net Profit Growth %
- 105.39%
- 105.38%
- P/E (x)
- 11.30x
- P/B (x)
- 3.81x
- Dividend Yield %
- 3.17%
- 7.56x
Mar 2026
- EPS (₹)
- 13.54
- Book Value (₹)
- 65.30
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 28.46
- Operating Margin %
- 20.23%
- Net Margin %
- 7.35%
- ROE %
- 21.27%
- ROCE %
- 26.47%
- 7.88%
- Debtor Days
- 10
- Inventory Days
- 5
- Payable Days
- 0
- 15
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 4.29x
- 0.60x
- Revenue Growth %
- 1.90%
- Operating Profit Growth %
- 12.72%
- Net Profit Growth %
- 29.47%
- -35.26%
- P/E (x)
- 17.26x
- P/B (x)
- 3.58x
- Dividend Yield %
- 2.14%
- 6.70x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - VRL Logistics Limited has informed the Exchange about Schedule of meet One-on-One virtual meeting w.r.t. discussion on Company s Business & Financial Results for the quarter ended 30th June 2026.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - VRL Logistics Limited has informed the Exchange about Transcript
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026