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    VRL Logistics Limited

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

    Services
    Services
    View VRLLOG earnings calls
    ₹240.01
    -2.97% from avg

    Overview

    Price

    ₹240.01

    Market Cap

    ₹4.3k Cr

    Sector

    Services

    Services

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital908888888787175175
    Reserves527509563888858997921968
    Borrowings4544225377201.0k1.2k1.1k1.2k
    Other Liabilities154180192196232273282309
    Total Liabilities1.2k1.2k1.4k1.9k2.2k2.6k2.5k2.6k
    AssetsFixed Assets9909541.1k1.5k1.9k2.2k2.2k2.3k
    CWIP4635382415722
    Investments000150000
    Other Assets230238247356290328284278
    Total Assets1.2k1.2k1.4k1.9k2.2k2.6k2.5k2.6k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating192257272371318424555654
    Cash from Investing-209-119-32-180-144-243-430-294
    Cash from Financing11-138-234-201-171-174-90-398
    SummaryCapital Expenditure
    Free Cash Flow-19137239190-90148125359
    FCF Margin

    Valuation

    Assumptions

    Current — VRLLOG
    Price
    ₹240
    EPS (TTM)
    ₹13.53
    PE (TTM)
    17.7
    Profit growth
    7.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (67.8×) and current (17.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹240
    vs
    Fair value · 15% return
    ₹149
    38%Overvalued

    At 7.5% growth and a 18× exit, ₹240 only delivers your return if you pay ₹149. The price is currently baking in 17% growth.

    EPS grows 7.5%/yr for 5 years, then fades to 6% over 2, exits at 18×.

    YearGrowthEPS (₹)
    FY277.5%14.54
    FY287.5%15.64
    FY297.5%16.81
    FY307.5%18.07
    FY317.5%19.42
    FY326.8% ·fade20.74
    FY336.0% ·fade21.98

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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