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VRL Logistics share price & results

VRL Logistics Limited· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest owned-fleet operator in organized B2B less-than-truckload (LTL) goods transport.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue879 ₹ crore+18.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin21.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit81.0 ₹ crore+62.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity24.07 %+4.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin11.15 %+7.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)5.63 %−7.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 5 judged targets kept · 8 open · verdicts reflect calls analysed to Q1 FY27.

VRL Logistics Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (1 achieved, 4 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
Sustainable EBITDA Marginaround 18%
Call transcript, Q3 FY25 · 6 Feb 2025		Q3 FY25Q1 FY27:Q1 FY27 EBITDA margin was 21.8%, continuing to comfortably exceed the original 18% target.
Call transcript, Q1 FY27 · 5 Aug 2026		Achieved
FY26 Revenue Growth12%-13%
Call transcript, Q3 FY25 · 6 Feb 2025		Q3 FY25Q1 FY27:Promise period FY26 has concluded. Final verdict is 'missed'.
Call transcript, Q1 FY27 · 5 Aug 2026		Missed
FY27 Volume Growth7% to 8%
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:Achieved 8.98% YoY volume growth in Q1. Management revised full-year guidance upwards from 6-7% to 'around 8%'.
Call transcript, Q1 FY27 · 5 Aug 2026		Revised Up

Source: Inve Guidance Tracker for VRL Logistics Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of VRL Logistics Limited's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹267.9 +3.00% · +₹7.8

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −0.8% 1Y

₹240₹260₹280₹300Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 19 May 2026Q1 FY27 — 5 Aug 2026

1Y: ₹270.05 on 24 Oct 2025 → ₹267.9. High ₹305.25 (11 Aug 2026), low ₹229.56 (20 Jul 2026).

Previous close
₹260.1
Market cap
₹4.7k Cr
52-week range
₹229.56 – ₹305.25
One year
−0.74%
Price to earnings (TTM to Jun 2026)
17.49×
Return on equity (TTM to Jun 2026)
24.07%

Overview

Symbol
NSE:VRLLOG
Sector
Services
Exchange
NSE
Currency
INR

What VRL Logistics Limited does

Based on the company's own presentations, annual report and earnings calls.

VRL Logistics is a B2B road goods-transport company and the largest owned-fleet operator in India's organized Less-Than-Truckload (LTL) segment, which involves aggregating and carrying consignments belonging to multiple customers in a single vehicle; it also runs a smaller Full-Truckload (FTL) business for dedicated single-customer loads. It operates an integrated hub-and-spoke network of company-owned branches and transshipment hubs across the country to collect, consolidate and deliver freight for a large base of diversified B2B customers. The company owns and maintains its own truck fleet through in-house vehicle-body design and dedicated maintenance facilities, procures diesel directly from refineries via its own fuel pumps at key locations, and runs a proprietary ERP with GPS vehicle tracking and e-way-bill/GST API integration. It was originally incorporated in 1983 as a goods-transport business and later hived off non-core activities (passenger travel, wind power) to focus solely on Goods Transportation.

Segments

  • LTL (Less-than-Truckload)
  • FTL (Full-Truckload)
  • Others
Market position
Largest owned-fleet organized player in India's B2B Less-Than-Truckload (LTL) goods transport segment
Owned fleet size
5,932 goods-transport vehicles (marketed as 5,900+, the largest owned fleet in the segment)
Branch network
1,293 branches across India (up from 1,253 in FY25)
Geographic footprint
Operations across 24 states and 4 union territories
Customer base
10 lakh+ GST-registered B2B customers
Employees
21,000+
Founded 1983Headquarters Hubballi, Karnataka Company website

How the price took the results

close before → close after

Q1 FY27
−0.4%
5 Aug
Q4 FY26
+0.7%
19 May
Q3 FY26
+2.1%
6 Feb
Q2 FY26
−3.8%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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