VRL Logistics Ltd. (IN:VRLLOG)
:VRLLOG
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VRL Logistics Ltd.
(VRLLOG)
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Rating:61Neutral
Price Target:
₹259.00
▼(-1.18% Downside)
Action:Downgraded
Date:05/20/26
The score is driven mainly by stable-to-constructive fundamentals led by strong cash flow, tempered by balance-sheet leverage risk and uneven profitability. Technicals are the primary drag, with the stock trading below major moving averages and negative momentum indicators. Valuation is supportive, helped by a solid dividend yield and a reasonable P/E.
Positive Factors
Strong cash generation
Consistent operating cash flow and a sustained move to strongly positive free cash flow over 2024–2026 underpin long-term financial resilience. This durable cash conversion supports reinvestment in fleet, branch density, dividends or debt paydown and cushions the business through cyclical freight swings.
Negative Factors
Rising leverage
Debt roughly equal to equity and a clear upward trend in borrowings reduce financial flexibility. Higher leverage increases interest exposure, limits capacity for opportunistic investment or fleet refreshes, and raises refinancing and credit risk if freight volumes soften or rates rise.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent operating cash flow and a sustained move to strongly positive free cash flow over 2024–2026 underpin long-term financial resilience. This durable cash conversion supports reinvestment in fleet, branch density, dividends or debt paydown and cushions the business through cyclical freight swings.
Read all positive factors
VRL Logistics Ltd. (VRLLOG) vs. iShares MSCI India ETF (INDA)
Market Cap
₹42.28B
Dividend Yield2.79%
Average Volume (3M)14.71K
Price to Earnings (P/E)17.9
Beta (1Y)1.24
Revenue Growth1.90%
EPS Growth29.42%
CountryIN
Employees21,557
SectorServices
Sector StrengthN/A
IndustryTrucking
Share Statistics
EPS (TTM)13.36
Shares Outstanding174,937,000
10 Day Avg. Volume13,919
30 Day Avg. Volume14,709
Financial Highlights & Ratios
PEG Ratio0.59
Price to Book (P/B)3.58
Price to Sales (P/S)1.27
P/FCF Ratio12.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)16.4
Revenue Forecast (FY)₹34.69B
VRL Logistics Ltd. Business Overview & Revenue Model
Company Description
VRL Logistics Limited, a diversified logistics and transportation enterprise established in 1976, is headquartered in Hubli, India. Initially known as Vijayanand Roadlines Ltd., the company adopted its current name in August 2006. Its operations a...
How the Company Makes Money
VRL Logistics makes money primarily by charging customers for road transportation services across its network. Key revenue streams include: (1) Freight/parcel transportation: Revenue is earned from businesses and individuals for moving goods and p...
VRL Logistics Ltd. Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
58
Neutral
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.76B | 32.21B | 31.86B | 29.02B | 26.28B | 21.49B |
| Gross Profit | 4.55B | 4.50B | 3.63B | 4.72B | 3.11B | 2.39B |
| EBITDA | 5.45B | 6.50B | 5.98B | 4.15B | 4.18B | 3.93B |
| Net Income | 2.34B | 2.37B | 1.83B | 888.51M | 3.23B | 1.60B |
Balance Sheet | ||||||
| Total Assets | 24.85B | 26.05B | 25.86B | 22.14B | 18.92B | 13.80B |
| Cash, Cash Equivalents and Short-Term Investments | 607.37M | 156.20M | 538.49M | 182.61M | 267.11M | 142.21M |
| Total Debt | 11.07B | 11.54B | 12.26B | 10.36B | 7.20B | 5.37B |
| Total Liabilities | 13.90B | 14.63B | 15.01B | 12.68B | 9.16B | 7.29B |
| Stockholders Equity | 10.96B | 11.42B | 10.85B | 9.46B | 9.76B | 6.52B |
Cash Flow | ||||||
| Free Cash Flow | 2.90B | 3.25B | 1.09B | 1.39B | -940.61M | 1.77B |
| Operating Cash Flow | 3.34B | 6.23B | 5.58B | 4.24B | 3.18B | 3.71B |
| Investing Cash Flow | -430.59M | -2.96B | -4.30B | -2.43B | -1.44B | -1.80B |
| Financing Cash Flow | -2.85B | -3.65B | -932.34M | -1.74B | -1.71B | -1.95B |
VRL Logistics Ltd. Technical Analysis
Neutral
262.10
Price Trends
248.01
Negative
256.81
Negative
261.10
Negative
Market Momentum
-2.13
Negative
49.55
Neutral
85.21
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VRLLOG, the sentiment is Neutral. The current price of 262.1 is above the 20-day moving average (MA) of 237.02, above the 50-day MA of 248.01, and above the 200-day MA of 261.10, indicating a neutral trend. The MACD of -2.13 indicates Negative momentum. The RSI at 49.55 is Neutral, neither overbought nor oversold. The STOCH value of 85.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VRLLOG.
VRL Logistics Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | ₹20.53B | 22.11 | ― | 1.37% | 2.41% | -2.48% | |
62 Neutral | ₹72.22B | 15.80 | ― | 0.94% | 9.46% | 11.60% | |
61 Neutral | ₹42.28B | 17.87 | ― | 2.79% | 1.90% | 29.42% | |
60 Neutral | ₹60.00B | 52.26 | ― | ― | 10.08% | ― | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
53 Neutral | ₹35.18B | 1,532.32 | ― | 0.69% | 14.65% | 95.62% | |
48 Neutral | ₹13.63B | -16.68 | ― | 19.52% | -66.71% | -356.19% |
* Services Sector Average
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.