VRL Logistics Limited, formerly known as Vijayanand Roadlines Ltd., is a prominent Indian logistics and transport company established in March 1983. Headquartered in Hubli, India, the company has grown significantly since its inception in 1976 to become a leading player in the country's logistics sector, offering comprehensive transportation solutions.
VRL Logistics Limited is primarily engaged in the goods transport business, with a strong specialization in Less Than Truckload (LTL) movement of goods. The company's core operations focus on domestic transportation, providing a wide array of logistics services that cater to diverse customer needs across India.
Its service portfolio includes:
- General Parcel: Pan-India movement of consignments of varying sizes and weights on an LTL godown-to-godown basis. VRL Logistics is recognized as the sole "Owned Asset" organized player in the LTL logistics segment.
- Courier Service: Available within the state of Karnataka.
- Full Truckload (FTL) Services: Offering door-to-door FTL services.
- Specialized Transportation: Including vehicle (car) transportation, liquid transportation, and the movement of specialized cargo like delicate testing equipment and extra-wide cabins.
VRL Logistics has established itself as a well-recognized brand in surface transportation and holds a leading position in the parcel transportation space.
As of June 2025, VRL Logistics Ltd (VRLLOG) has a market capitalization of ₹4,969.96 Crore. The company's stock has demonstrated market resilience, with a 52-week high of ₹631 and a 52-week low of ₹433.20. From a valuation standpoint, the P/E ratio is 27.17 and the P/B ratio is 5.25.
VRL Logistics reported exceptional financial performance for FY 2025, driven by strong operational efficiency.
- Full Year FY 2025: Net profit surged by 105.89% to ₹182.93 crore in the year ended March 2025, compared to ₹88.85 crore in the previous year. Sales increased by 9.43% to ₹3,160.95 crore from ₹2,888.62 crore in FY 2024.
- Q4 FY 2025: The company demonstrated robust quarterly growth with net profit rising 244.71% to ₹74.25 crore in the quarter ended March 2025, against ₹21.54 crore in the same period last year. Sales grew by 5.29% to ₹809.03 crore from ₹768.40 crore.
- Q3 FY 2025: Net profit increased by 81.74% to ₹35.82 crore in the quarter ended September 2024, compared to ₹19.71 crore in the prior year. Sales saw a healthy growth of 12.71% to ₹799.48 crore from ₹709.33 crore.
- Revenue (FY 2025): ₹3,160.95 crore
- Net Profit (FY 2025): ₹182.93 crore
- Revenue Growth: 9.43% YoY
- Net Profit Growth: 105.89% YoY
- Operating Revenue (TTM): ₹3,160.95 Cr.
- Return on Equity (ROE): 16%
- Debt-to-Equity Ratio: 34% (indicating a healthy balance sheet)
VRL Logistics maintains a consistent dividend policy. The Board of Directors recommended a final dividend of ₹10 per equity share (100%) on May 21, 2025, subject to shareholder approval. The company's dividend yield stands at 1.76, reflecting its commitment to shareholder value.
The company upholds strong corporate governance standards with a well-structured board. The promoters, ANAND VIJAY SANKESHWAR and VIJAY BASAVANNEPPA SANKESHWAR, collectively own 60.24% of the total equity. Notably, there is no promoter pledging, indicating strong financial discipline.
VRL Logistics operates an extensive network across India, comprising various branches and transshipment hubs. The company has been strategically expanding its infrastructure, including the purchase of its leased transshipment hub in Bengaluru, which it has occupied for over 10 years.
VRL Logistics is well-positioned for sustained growth.
- Bonus Shares: A Board meeting on July 4, 2025, is scheduled to recommend the issuance of bonus shares from reserves and profits, signaling confidence in the company's financial standing and future prospects.
- Investor Engagement: The company actively engages with investors, with an investor meeting scheduled for June 19, 2025, to discuss FY25 financial results and conduct logistics facility visits.
- Board Appointments: VRL Logistics has strengthened its board composition by appointing Shankar Vasantrao Pinge and Dr. D. V. Guruprasad as Independent Directors effective February 19, 2025.
The company's strategic focus remains on leveraging its market leadership in the LTL segment while expanding its service offerings to capture a larger share of India's burgeoning logistics market. With robust financial performance, strong infrastructure, and experienced management, VRL Logistics is poised to capitalize on the increasing demand for organized logistics services in India.
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