V

VRL Logistics Limited

VRLLOG
Market snapshot · 2026-08-11 10:09 UTC

305.25

+₹20.35 (+7.14%)

MARKET CAP

₹5.34K Cr

STOCK P/E

20.0x

52W HIGH

₹310.00

52W LOW

₹225.00

BOOK VALUE

₹62.63

EPS

₹15.28

ROE

SECTOR

Industrials

DEBT/EQUITY

101.02

VOLUME

19.07L

P/B RATIO

4.87x

PEG RATIO

0.32

Sector

Industrials

Themes

Logistics
D
Dividend
S
Split
E
Earnings
₹305.25₹286.41₹267.57₹248.73₹229.89VolumeSEEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 10.8% above historical median. Valuation is stable — currently in the fair zone (z-score: +0.7). Confidence: 87%.

Live forward EPS implies next-12-month EPS of ₹18.80. Applying the stock's normalized valuation corridor produces a fair range of ₹309.45 to ₹347.24, with base value near ₹330.50 (+11.0% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹18.80

Forward P/E

15.8x

Base Fair Value

₹330.50

Fair Range

₹309.45 - ₹347.24

Upside To Base

+11.0%

Estimate Source

Live forward EPS

Growth Estimate

+60.8%

P/E
Fair

5Y Average

17.77

Current

19.48

Overvalued

18.47

Undervalued

16.46

EV/EBITDA
Fair

5Y Average

9.90

Current

10.85

Overvalued

10.84

Undervalued

9.15

P/B
Overvalued

5Y Average

4.19

Current

4.75

Overvalued

4.82

Undervalued

3.56

Peers & Comparison

Sector: Industrials · Theme: Logistics

Logistics Peers6 peers
Avg P/E: 47.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
+9.6%9.0%
15.7x
Undervalued
-67% vs avg
-19.1%
BLACKBUCK LIMITED
BLACKBUCKLogistics
+42.1%23.7%
62.0x
Premium
+31% vs avg
+11.1%
+14.2%1.1%
10.4x
Undervalued
-78% vs avg
+43.4%
BLUE DART EXPRESS LTD
BLUEDARTLogistics
+8.0%4.5%
41.3x
Fair
-13% vs avg
-12.6%
SHADOWFAX TECHNOLOGIES L
SHADOWFAXLogistics
+64.9%3.6%
87.9x
Premium
+85% vs avg
+119.3%
SHREEJI SHIPPING GLOBAL L
SHREEJISPGLogistics
+20.5%21.5%
67.8x
Premium
+43% vs avg
+159.8%
WHY THESE PEERS

VRL LOGISTICS LIMITED trades at a discount (19.6x vs peer avg 47.5x), suggesting potential undervaluation relative to the Logistics cohort. Peers include TRANSPORT CORPN OF INDIA, BLACKBUCK LIMITED, SHIPPING CORP OF INDIA LT — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹827 CrDec 2025

Latest net profit

₹64 CrDec 2025

Latest EPS

₹3.70Dec 2025

Net margin

12.3%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%4.0%8.0%12.0%16.0%0.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr250 Cr500 Cr750 Cr1.00K Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr250 Cr500 Cr750 Cr1.00K Cr

Latest reported period: Dec 2025

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales698674709737768727799825809744797827
Expenses584572618642663640666659622593646657
Operating Profit68.815339.6237.5947.0625.469.2310212386.9586.39102
OPM %9.86%7.86%5.59%5.1%6.12%3.49%8.66%12.34%15.18%11.68%10.84%12.32%
Other Income4.698.8862.413.813.42.55.682.516.496.973.83
Interest13.2816.2718.5221.3221.7622.5722.4324.0725.7626.2124.2421.86
Depreciation45.2848.9252.2156.7558.2861.563.864.5663.7664.6664.7668.09
Profit before tax60.2245.6127.118.6829.116.2349.383.4699.5967.2369.1283.85
Tax %3.92%25.56%23.65%45.13%25.59%66.77%26.8%28.8%25.12%25.57%27.82%23.53%
Net Profit57.8633.9520.6910.2521.662.0736.0959.4274.5750.0449.8964.12
EPS in Rs21.873.882.251.562.461.544.096.798.495.722.853.70

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters60.24%60.24%60.24%60.24%60.24%
FII3.62%3.98%3.99%3.75%2.98%
DII25.33%24.55%24.28%23.49%25.05%
Public9.23%9.57%9.90%10.74%10.00%
Others1.58%1.66%1.59%1.78%1.73%
Mar 2026
Promoters
FII
DII
Public
Others