VRL Logistics Ltd. (VRLLOG) AI Stock Analysis

• Market Cap: ₹50.23B
• Dividend Yield: 4.36%
• Average Volume (3M): 17.40K
• Price to Earnings (P/E): 22.9
• Beta (1Y): 1.05
• Revenue Growth: 8.04%
• EPS Growth: 221.22%
• Country: IN
• Employees: 21,557
• Sector: Services
• Sector Strength: N/A
• Industry: Trucking
• EPS (TTM): 2.85
• Shares Outstanding: 174,937,000
• 10 Day Avg. Volume: 18,528
• 30 Day Avg. Volume: 17,400
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹510.50
• Price Target Upside: 77.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 73 Outperform
• Price Target: ₹311.00 ▲(8.42% Upside)

VRL Logistics Ltd. scores well due to strong financial performance, characterized by revenue growth and improved profitability margins. The technical analysis presents a mixed picture with short-term bearish momentum but potential long-term strength. The valuation is moderate with an attractive dividend yield. The absence of earnings call data and corporate events does not impact the overall score.

VRL Logistics Ltd. Business Overview & Revenue Model

Company Description

VRL Logistics Limited operates as a logistics and transport company. The company operates through four segments: Goods Transport, Bus Operations, Sale of Power, and Transport of Passengers by Air. The Goods Transport segment offers services for the transportation of goods using a range of road transportation solutions, including less than full truck load and full truck load for customers across 23 states and 4 union territories in India. This segment also provides courier services for the transportation of small parcels and documents through multi model solutions. The Bus Operations segment provides services of transportation solutions through buses in the states of Karnataka, Maharashtra, Andhra Pradesh, Tamil Nadu, Gujarat, Rajasthan, and Goa through its fleet of approximately 295 buses/coaches. The Sale of Power segment operates a wind farm that consists of wind turbine generators with a capacity of 1.25 MW. The Transport of Passengers by Air segment offers services for the transportation of passengers by air to the individuals and corporate representatives. The company was formerly known as Vijayanand Roadlines Ltd. and changed its name to VRL Logistics Limited in August 2006. VRL Logistics Limited was founded in 1976 and is based in Hubli, India.

How the Company Makes Money

VRL Logistics Ltd. generates revenue primarily through its transportation and logistics services. The key revenue streams include the transportation of goods, which involves both full truckload and less than truckload services, catering to a wide range of industries. Another significant revenue stream is its passenger transportation segment, where the company operates a fleet of buses offering inter-city and intra-city travel services. Additionally, VRL Logistics provides courier and parcel services, which contribute to its earnings. The company also engages in wind power generation, though this represents a smaller portion of its overall revenue. Strategic partnerships with clients across various sectors and a robust operational infrastructure further bolster its revenue generation.

VRL Logistics Ltd. Financial Statement Overview

Summary

VRL Logistics Ltd. demonstrates strong financial health with consistent revenue growth and improving profitability margins. The balance sheet reflects a moderate increase in leverage, which should be monitored. Cash flow generation remains solid, though higher capital expenditures have impacted free cash flow. Overall, the company appears well-positioned for continued growth in the trucking industry.

Income Statement

VRL Logistics Ltd. has shown impressive revenue growth with a 9.81% increase from 2024 to 2025. The gross profit margin also improved, reaching 20.14% in 2025, indicating efficient cost management. Net profit margin rose to 5.74% in 2025, showcasing enhanced profitability. The EBIT margin was strong at 20.14%, and the EBITDA margin was 18.78%, both improvements over the prior year, reflecting robust operational performance.

Balance Sheet

The company's debt-to-equity ratio increased to 1.13 in 2025, suggesting higher leverage, which may pose a risk. However, the return on equity was a solid 16.87%, demonstrating effective use of shareholders' equity. The equity ratio was stable at 41.94%, indicating a relatively balanced capital structure.

Cash Flow

Operating cash flow increased significantly to 5,578 million INR in 2025, reflecting strong cash generation capabilities. However, free cash flow decreased by 21.68% due to higher capital expenditures, which may impact liquidity. The operating cash flow to net income ratio was robust at 3.05, indicating good cash flow relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	31.61B	31.86B	29.02B	26.28B	23.79B	17.52B
Gross Profit	4.27B	6.42B	4.72B	3.11B	2.47B	963.05M
EBITDA	4.67B	5.98B	4.15B	4.18B	3.93B	2.61B
Net Income	1.83B	1.83B	888.51M	3.23B	1.60B	450.68M
Balance Sheet
Total Assets	25.86B	25.86B	22.14B	18.92B	13.80B	11.99B
Cash, Cash Equivalents and Short-Term Investments	538.49M	538.49M	182.61M	267.11M	142.21M	183.37M
Total Debt	12.26B	12.26B	10.36B	7.20B	5.37B	4.22B
Total Liabilities	15.01B	15.01B	12.68B	9.16B	7.29B	6.01B
Stockholders Equity	10.85B	10.85B	9.46B	9.76B	6.52B	5.97B
Cash Flow
Free Cash Flow	0.00	1.09B	1.39B	-940.61M	1.77B	2.32B
Operating Cash Flow	0.00	5.58B	4.24B	3.18B	3.71B	2.71B
Investing Cash Flow	0.00	-4.30B	-2.43B	-1.44B	-1.80B	-313.32M
Financing Cash Flow	0.00	-932.34M	-1.74B	-1.71B	-1.95B	-2.34B

VRL Logistics Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 286.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VRLLOG, the sentiment is Positive. The current price of 286.85 is above the 20-day moving average (MA) of 275.12, below the 50-day MA of 287.34, and above the 200-day MA of 260.76, indicating a neutral trend. The MACD of 1.25 indicates Negative momentum. The RSI at 59.44 is Neutral, neither overbought nor oversold. The STOCH value of 81.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VRLLOG.

VRL Logistics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCIEXP	77 Outperform	27.66B	33.31	11.23%	1.05%	-3.21%	-31.89%
VRLLOG	73 Outperform	₹50.23B	22.88		4.36%	8.04%	221.22%
TCI	70 Outperform	89.36B	20.92	19.48%	0.86%	11.32%	20.27%
PDSL	67 Neutral	49.06B	31.94	9.51%	0.99%	19.10%	-1.73%
MAHLOG	56 Neutral	36.05B	-75.97	-8.19%	0.58%	12.01%	32.80%
ALLCARGO	55 Neutral	32.22B	-46.48	1.47%	6.37%	17.82%	-314.42%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

VRL Logistics Ltd. Corporate Events

VRL Logistics to Attend Investor Conference in Mumbai

VRL Logistics Ltd. announced its participation in an investor conference organized by Elara Capital in Mumbai on September 3, 2025. The company’s officials will engage in meetings based on publicly available information, ensuring no unpublished price sensitive information is disclosed, reflecting their commitment to transparency and regulatory compliance.