Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 709 | 737 | 768 | 727 | 799 | 825 | 809 | 744 | 797 | 827 | 853 | 879 |
| Expenses | 617 | 642 | 663 | 640 | 666 | 659 | 622 | 593 | 646 | 657 | 675 | 692 |
| Operating Profit | 92 | 94 | 105 | 87 | 133 | 166 | 187 | 152 | 151 | 170 | 177 | 187 |
| OPM % | 13% | 13% | 14% | 12% | 17% | 20% | 23% | 20% | 19% | 21% | 21% | 21% |
| Other Income | 6 | 2 | 4 | 15 | 2 | 6 | 3 | 6 | 7 | 4 | 6 | 6 |
| Interest | 19 | 21 | 22 | 23 | 22 | 24 | 26 | 26 | 24 | 22 | 23 | 23 |
| Depreciation | 52 | 57 | 58 | 62 | 64 | 65 | 64 | 65 | 65 | 68 | 64 | 62 |
| Profit before tax | 27 | 19 | 29 | 18 | 49 | 83 | 100 | 67 | 69 | 84 | 98 | 108 |
| Tax % | 28% | 27% | 26% | 24% | 27% | 29% | 25% | 26% | 28% | 23% | 26% | 25% |
| Net Profit | 20 | 14 | 22 | 13 | 36 | 59 | 74 | 50 | 50 | 65 | 72 | 81 |
| EPS in Rs | 1.13 | 0.78 | 1.23 | 0.77 | 2.05 | 3.40 | 4.25 | 2.86 | 2.85 | 3.70 | 4.12 | 4.60 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,723 | 1,803 | 1,922 | 2,110 | 2,119 | 1,763 | 2,164 | 2,649 | 2,889 | 3,161 | 3,221 | 3,356 |
| Expenses | 1,451 | 1,584 | 1,688 | 1,865 | 1,815 | 1,515 | 1,788 | 2,245 | 2,494 | 2,586 | 2,563 | 2,670 |
| Operating Profit | 272 | 220 | 235 | 245 | 303 | 248 | 376 | 404 | 394 | 575 | 658 | 685 |
| OPM % | 16% | 12% | 12% | 12% | 14% | 14% | 17% | 15% | 14% | 18% | 20% | 20% |
| Other Income | 8 | 9 | 14 | 8 | 6 | 13 | 21 | 171 | 21 | 24 | 17 | 23 |
| Interest | 32 | 25 | 12 | 11 | 37 | 37 | 44 | 56 | 79 | 96 | 97 | 91 |
| Depreciation | 90 | 98 | 98 | 101 | 168 | 160 | 144 | 159 | 216 | 254 | 261 | 259 |
| Profit before tax | 158 | 105 | 139 | 140 | 104 | 64 | 209 | 360 | 121 | 250 | 318 | 358 |
| Tax % | 34% | 33% | 34% | 35% | 14% | 29% | 23% | 10% | 26% | 27% | 26% | |
| Net Profit | 104 | 70 | 93 | 92 | 90 | 45 | 160 | 323 | 89 | 183 | 237 | 267 |
| EPS in Rs | 5.71 | 3.86 | 5.12 | 5.09 | 4.99 | 2.55 | 9.06 | 18.29 | 5.08 | 10.46 | 13.54 | 15.27 |
| Dividend Payout % | 44% | 52% | -0% | 54% | 70% | 78% | 44% | 14% | -0% | 72% | 37% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 6% | 13% | 7% | 6% | ||
| Compounded Profit Growth | 9% | 40% | -9% | 22% | ||
| Stock Price CAGR | 7% | 8% | -8% | 3% | ||
| Return on Equity | 18% | 22% | 16% | 22% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 86 | 91 | 91 | 90 | 90 | 90 | 88 | 88 | 88 | 87 | 87 | 175 |
| Reserves | 271 | 423 | 450 | 503 | 556 | 527 | 509 | 563 | 888 | 858 | 997 | 968 |
| Borrowings | 443 | 262 | 185 | 81 | 141 | 454 | 422 | 537 | 720 | 1,036 | 1,228 | 1,154 |
| Other Liabilities | 154 | 166 | 171 | 188 | 191 | 154 | 180 | 192 | 196 | 232 | 273 | 309 |
| Total Liabilities | 953 | 942 | 897 | 862 | 978 | 1,225 | 1,199 | 1,380 | 1,892 | 2,214 | 2,586 | 2,605 |
| Fixed Assets | 707 | 712 | 694 | 625 | 705 | 990 | 954 | 1,098 | 1,482 | 1,901 | 2,243 | 2,305 |
| CWIP | 9 | 16 | 2 | 8 | 42 | 4 | 6 | 35 | 38 | 24 | 15 | 22 |
| Investments | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 0 | 0 |
| Other Assets | 237 | 211 | 201 | 230 | 231 | 230 | 238 | 247 | 356 | 290 | 328 | 278 |
| Total Assets | 953 | 942 | 897 | 862 | 978 | 1,225 | 1,199 | 1,380 | 1,892 | 2,214 | 2,586 | 2,605 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 235 | 264 | 198 | 205 | 192 | 257 | 272 | 371 | 318 | 424 | 555 | 654 |
| Cash from Investing Activity | -49 | -107 | -59 | -44 | -209 | -119 | -32 | -180 | -144 | -243 | -430 | -294 |
| Cash from Financing Activity | -185 | -155 | -146 | -154 | 11 | -138 | -234 | -201 | -171 | -174 | -90 | -398 |
| Net Cash Flow | 2 | 2 | -7 | 7 | -6 | 0 | 6 | -10 | 3 | 7 | 35 | -38 |
| Free Cash Flow | 186 | 154 | 136 | 160 | -19 | 137 | 239 | 190 | -90 | 148 | 125 | 359 |
| CFO/OP | 95% | 110% | 99% | 109% | 100% | 99% | 115% | 114% | 100% | 114% | 105% | 107% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 15 | 15 | 15 | 14 | 15 | 13 | 11 | 11 | 11 | 11 | 10 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 20 | 15 | 15 | 15 | 14 | 15 | 13 | 11 | 11 | 11 | 11 | 10 |
| Working Capital Days | -37 | -15 | -10 | -1 | 6 | -15 | -21 | -18 | -16 | -25 | -23 | -26 |
| ROCE % | 24% | 24% | 17% | 22% | 21% | 16% | 10% | 22% | 18% | 11% | 16% | 18% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% | 60.24% |
| FIIs | 2.16% | 2.51% | 3.26% | 3.83% | 3.94% | 3.65% | 3.62% | 3.98% | 3.99% | 3.75% | 2.98% | 2.68% |
| DIIs | 29.02% | 28.13% | 26.57% | 25.64% | 25.47% | 25.57% | 25.33% | 24.55% | 24.28% | 23.49% | 25.05% | 24.92% |
| Public | 8.58% | 9.11% | 9.93% | 10.28% | 10.34% | 10.55% | 10.82% | 11.22% | 11.49% | 12.52% | 11.72% | 12.16% |
| No. of Shareholders | 58,239 | 58,744 | 62,997 | 64,835 | 64,718 | 65,426 | 65,767 | 65,729 | 78,887 | 85,289 | 79,810 | 80,971 |
Fundamentals
Market Cap₹ 4,946 Cr.
Current Price₹ 282
Stock P/E18.5
Book Value₹ 65.3
ROCE18.3 %
ROE21.7 %
Dividend Yield1.77 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)22%
Standalone figures.
Valuation
Market capRs 4,987 Cr
Enterprise valueRs 6,125 Cr
P/E (TTM)18.66x
Price to book4.36x
Price to sales1.49x
EV / EBITDA8.65x
EV / EBIT13.62x
EV / sales1.83x
Price to cash flow7.62x
Earnings yield5.36%
Dividend yield1.75%
P/E, 3-year average18.56x
P/B, 3-year average2.68x
P/E, 5-year average15.59x
P/B, 5-year average2.85x
Profitability
Operating margin (excl. other income)20.44%
Operating margin (incl. other income)20.97%
EBITDA margin21.11%
Pre-tax margin10.67%
Net profit margin7.97%
Net margin, latest quarter9.16%
ROE21.27%
ROCE17.99%
ROA9.12%
ROE, 3-year average16.18%
ROCE, 3-year average14.98%
ROA, 3-year average7.03%
ROE, 5-year average22.78%
ROCE, 5-year average19.33%
ROA, 5-year average10.65%
ROIC (approx.)14.69%
Tax rate25.50%
Other income / net worth1.50%
Growth
Sales growth (latest year)1.90%
Profit growth (latest year)29.47%
Sales CAGR, 3 years6.74%
Sales CAGR, 5 years12.81%
Profit CAGR, 3 years-9.85%
Profit CAGR, 5 years39.35%
Sales growth QoQ3.05%
Profit growth QoQ11.63%
Sales growth YoY (latest quarter)18.07%
Profit growth YoY (latest quarter)60.93%
Per share
EPS (TTM)Rs 15.28
EPS (latest year)Rs 13.54
EPS (latest quarter)Rs 4.60
EPS, 3-year averageRs 14.87
EPS, 5-year averageRs 19.86
Book value per shareRs 65.31
Sales per shareRs 191.82
Cash flow per shareRs 37.41
Free cash flow per shareRs 20.52
Dividend per share (latest year)Rs 5.00
Dividend per share, 3-year averageRs 10.00
Dividend per share, 5-year averageRs 8.25
Dividends
Dividend payout36.93%
Dividend payout, 3-year average54.33%
Dividend payout, 5-year average41.62%
Efficiency
Asset turnover1.24x
Fixed asset turnover1.40x
Inventory turnover43.41x
Inventory days8 days
Debtor days10 days
Debtors turnover37.64x
Cash conversion cycle10 days
Working capital days-26 days
Leverage
Total debtRs 1,154 Cr
Cash and bankRs 16 Cr
Net debtRs 1,139 Cr
Debt to equity1.01x
Net debt / EBITDA1.61x
Interest coverage4.92x
Current ratio (filing 2026-03-31)0.49x
Quick ratio (filing 2026-03-31)0.39x
Trade payables (filing 2026-03-31)Rs 26 Cr
Owners' fund to total sources43.85%
Debt to assets44.30%
Cash flow
Cash from Operating Activity (latest year)Rs 654 Cr
Cash from Investing Activity (latest year)Rs -294 Cr
Cash from Financing Activity (latest year)Rs -398 Cr
Net Cash Flow (latest year)Rs -38 Cr
Free cash flow (latest year)Rs 359 Cr
FCFE (approx.: FCF + change in debt)Rs 285 Cr
Cash from ops / profit, 5 years2.34x
Sales to cash flow4.92x
Statement figures
Net sales (TTM)Rs 3,356 Cr
Net sales (latest year)Rs 3,221 Cr
Sales (latest quarter)Rs 879 Cr
Operating profit excl. other income (latest year)Rs 658 Cr
Operating profit (latest quarter)Rs 187 Cr
Other income (TTM)Rs 23 Cr
EBITDA (TTM)Rs 708 Cr
PBDT (TTM)Rs 617 Cr
Profit before tax (TTM)Rs 358 Cr
Tax (latest year)Rs 81 Cr
Net profit (TTM)Rs 267 Cr
Net profit (latest year)Rs 237 Cr
Net profit (latest quarter)Rs 81 Cr
Depreciation (TTM)Rs 259 Cr
Depreciation (latest quarter)Rs 62 Cr
Interest (TTM)Rs 91 Cr
Cost of goods sold (latest year)Rs 1,899 Cr
Total expenditure (latest year)Rs 2,563 Cr
Total income (latest year)Rs 3,238 Cr
Share capitalRs 175 Cr
ReservesRs 968 Cr
Shareholders' fundsRs 1,142 Cr
Total assetsRs 2,605 Cr
Net blockRs 2,305 Cr
Capital work in progressRs 22 Cr
InvestmentsRs 0 Cr
ReceivablesRs 86 Cr
InventoryRs 44 Cr
Other liabilitiesRs 309 Cr
Shares outstanding (crore)17.49
Ownership
Promoter holding60.24% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 18.7 is at the 17th percentile of its own 9.4-year range
(median 26.9, low 14.0, high 125.4).
P/B 4.36 is at the 38th percentile (median 4.65).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | VRLLOG | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.3% | -2.8% | +0.5 pts |
| 1 month | -4.9% | -6.8% | +1.9 pts |
| 3 months | +20.1% | -7.6% | +27.7 pts |
| 6 months | +21.9% | +0.4% | +21.5 pts |
| 1 year | +3.5% | -9.9% | +13.4 pts |
| 2 years | -3.6% | -13.6% | +10.0 pts |
| 3 years | -20.9% | +14.2% | -35.1 pts |
| 5 years | +54.7% | +27.9% | +26.8 pts |
22 mutual fund schemes hold about ₹1,258 Cr.
Over three months 7 bought more and 5 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| HDFC Small Cap Fund | 1.04% | 437 | +3% |
| Nippon India Multi Cap Fund | 0.33% | 183 | +16% |
| SBI Multi Asset Allocation Fund(A | 0.69% | 144 | -1% |
| UTI Large & Mid Cap Fund | 1.02% | 67 | +4% |
| Bandhan Value Fund | 0.66% | 65 | +5% |
| UTI Aggressive Hybrid Fund | 0.90% | 60 | +6% |
| Bandhan Small Cap Fund | 0.17% | 59 | +417% |
| Bandhan ELSS-Tax Saver Fund | 0.83% | 58 | +5% |
| HDFC Dividend Yield Fund | 0.73% | 41 | +9% |
| HDFC Retirement Fund-Equity Plan | 0.48% | 34 | +5% |
| UTI Retirement Fund | 0.52% | 24 | +7% |
| UTI Transportation & Logistics Fund | 0.50% | 22 | -2% |
| Aditya Birla SL Transportation and Logistics Fund | 1.04% | 18 | -7% |
| Bandhan Transportation and Logistics Fund | 1.85% | 14 | -4% |
| Bandhan Multi Asset Allocation Fund | 0.32% | 12 | +0% |
| Aditya Birla SL Special Opp Fund | 0.51% | 7 | -37% |
| HDFC Transportation and Logistics Fund | 0.29% | 6 | -9% |
| Aditya Birla SL Retirement Fund-30 | 0.91% | 4 | +2% |
| Shriram Multi Sector Rotation Fund | 1.93% | 3 | +11% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | +4% |
| Canara Rob Small Cap Fund | 0.00% | 0 | -100% |
| Aditya Birla SL Value Fund | 0.00% | 0 | -100% |
Red flags
F-score 8 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹879 Cr +18.1% vs Jun 2025.
Net profit ₹81 Cr +62.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Container Corporation Of India Ltd | 33,778 | 27.2 | 12.6 % |
| Delhivery Ltd | 31,276 | 262 | 1.01 % |
| Shadowfax Technologies Ltd | 16,484 | 95.7 | 10.3 % |
| Blue Dart Express Ltd | 10,859 | 33.5 | 15.8 % |
| Transport Corporation of India Ltd | 6,674 | 14.6 | 19.4 % |
| TVS Supply Chain Solutions Ltd | 5,784 | 81.6 | 10.1 % |
| Afcom Holdings Ltd | 4,248 | 29.0 | 28.0 % |
| Mahindra Logistics Ltd | 4,229 | 107 | 7.36 % |
| Gateway Distriparks Ltd | 2,577 | 10.5 | 10.8 % |
| TCI Express Ltd | 2,046 | 22.4 | 14.6 % |
| Skyways Air Services Ltd | 1,675 | 31.4 | 13.2 % |
| Allcargo Logistics Ltd | 1,580 | 34.4 | 4.83 % |
| Navkar Corporation Ltd | 1,302 | 32.6 | 3.06 % |
| Allcargo Global Ltd | 1,297 | -6.09 % | |
| Reliance Industrial Infrastructure Ltd | 1,023 | 84.3 | 3.01 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-02-13 | Interim Dividend - Rs 5 Per Share | |
| 2025-08-14 | Bonus 1:1 | 0.5000 |
| 2025-07-30 | Dividend - Rs 10 Per Share | |
| 2024-11-29 | Interim Dividend - Rs 5 Per Share | |
| 2023-07-31 | Dividend - Rs 5 Per Share | |
| 2023-02-10 | Buy Back | |
| 2022-02-10 | Interim Dividend - Rs 8 Per Share | |
| 2021-07-29 | Dividend - Rs 4 Per Share | |
| 2020-02-18 | Interim Dividend - Rs 3 Per Share | |
| 2019-11-21 | Interim Dividend Rs 4 Per Share | |
| 2019-08-01 | Annual General Meeting/Dividend - Rs 2 Per Share | |
| 2018-11-15 | Interim Dividend - Rs 3.50 Per Share | |
| 2017-02-02 | Interim Dividend Rs 4/- Per Hare (Purpose Revised) | |
| 2016-02-08 | Interim Dividend - Rs 5/- Per Share (Purpose Revised) | |
| 2015-07-30 | Annual General Meeting |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of VRL Logistics Ltd?
VRL Logistics Ltd (VRLLOG) has a market capitalisation of Rs 4,946 Cr. at the 2026-10-01 close.
What is the P/E ratio of VRL Logistics Ltd?
VRL Logistics Ltd trades at a P/E of 18.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were VRL Logistics Ltd's latest quarterly results?
In the Jun 2026 quarter, VRL Logistics Ltd sales was Rs 879 Cr (+18.1% vs Jun 2025) and net profit was Rs 81 Cr.
What is the 52-week high and low of VRL Logistics Ltd?
The 52-week high is Rs 310.20 and the 52-week low is Rs 225.00.