Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 539118 | NSE: VRLLOG

VRL Logistics Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:36 am

Market Cap 4,528 Cr.
Current Price 518
High / Low 794/494
Stock P/E53.6
Book Value 114
Dividend Yield0.97 %
ROCE10.7 %
ROE9.00 %
Face Value 10.0
PEG Ratio6.02

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Metallic Coal & Coke Ltd 5.94 Cr. 30.0 32.8/19.9 77.60.00 %0.37 %2.00 % 100
Gensol Engineering Ltd 2,858 Cr. 754 1,377/72535.1 1550.00 %14.3 %20.1 % 10.0
Gagan Polycot India Ltd 0.86 Cr. 0.86/ 4.080.00 %81.2 %81.2 % 10.0
Fusion Micro Finance Ltd 1,754 Cr. 174 675/161 2510.00 %14.1 %19.6 % 10.0
Five X Tradecom Ltd 0.99 Cr. 0.48/ 9.350.00 %0.00 %0.00 % 10.0
Industry Average5,457.33 Cr262.94227.42108.750.25%21.46%71.78%9.42

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales414636601594614654682698674709737768727
Expenses378523484479523561578584572617642663640
Operating Profit361131181159193103114102929410587
OPM %9%18%20%19%15%14%15%16%15%13%13%14%12%
Other Income4291116316137962415
Interest10101212121415131619212223
Depreciation38403841333842454952575862
Profit before tax-86677736244621924627192918
Tax %-21%25%21%23%20%28%21%-0%26%28%27%26%24%
Net Profit-64960564931491933420142213
EPS in Rs-0.685.606.856.365.593.565.5721.873.882.251.562.461.54

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales1,3261,4941,6731,7231,8031,9222,1102,1191,7632,1642,6492,8892,942
Expenses1,1301,2851,3961,4511,5841,6881,8651,8151,5151,7882,2452,4942,563
Operating Profit196209277272220235245303248376404394378
OPM %15%14%17%16%12%12%12%14%14%17%15%14%13%
Other Income1016889148613211712127
Interest59616032251211373744567984
Depreciation828788909898101168160144159216229
Profit before tax64771381581051391401046420936012193
Tax %28%26%34%34%33%34%35%14%29%23%10%26%
Net Profit46579110470939290451603238968
EPS in Rs6.466.6710.6611.427.7210.2510.179.975.1018.1236.5810.167.81
Dividend Payout %99%60%38%44%52%0%54%70%78%44%14%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)23.91%59.65%14.29%-32.69%32.86%-1.08%-2.17%-50.00%255.56%101.88%-72.45%
Change in YoY Net Profit Growth (%)0.00%35.74%-45.36%-46.98%65.55%-33.93%-1.10%-47.83%305.56%-153.68%-174.32%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:6%
3 Years:18%
TTM:10%
Compounded Profit Growth
10 Years:5%
5 Years:-1%
3 Years:25%
TTM:-45%
Stock Price CAGR
10 Years:%
5 Years:14%
3 Years:6%
1 Year:-30%
Return on Equity
10 Years:19%
5 Years:19%
3 Years:24%
Last Year:9%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:34 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital71868691919090908888888787
Reserves108221271423450503556527509563888858907
Borrowings611505443262185811414544225377201,0361,027
Other Liabilities175166154166171188191154180192196232251
Total Liabilities9659789539428978629781,2251,1991,3801,8922,2142,273
Fixed Assets7107407077126946257059909541,0981,4821,9011,955
CWIP14149162842463538246
Investments00030000001500
Other Assets241223237211201230231230238247356290312
Total Assets9659789539428978629781,2251,1991,3801,8922,2142,273

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +163203235264198205192257272371318424
Cash from Investing Activity +-90-91-49-107-59-44-209-119-32-180-144-243
Cash from Financing Activity +-71-112-185-155-146-15411-138-234-201-171-174
Net Cash Flow2022-77-606-1037

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-415.00-296.00-166.0010.0035.00154.00104.00-151.00-174.00-161.00-316.00393.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days242020151515141513111111
Inventory Days
Days Payable
Cash Conversion Cycle242020151515141513111111
Working Capital Days-22-24-15-43111112128119
ROCE %16%16%24%24%17%22%21%16%10%22%18%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters69.59%69.59%69.59%69.59%69.59%64.17%64.17%64.24%60.24%60.24%60.24%60.24%
FIIs2.61%3.49%3.62%5.37%5.75%4.15%2.35%2.18%2.16%2.51%3.26%3.83%
DIIs17.81%16.66%15.14%13.58%14.45%20.77%24.23%25.10%29.02%28.13%26.57%25.64%
Public9.99%10.26%11.65%11.46%10.21%10.90%9.24%8.48%8.58%9.11%9.93%10.28%
No. of Shareholders42,39946,92954,66656,17464,29468,00990,88658,22158,23958,74462,99764,835

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HSBC Small Cap Fund - Regular Plan2,108,8001.12157.02574,8042024-12-20266.87%
SBI Magnum Midcap Fund1,540,0000.72114.67574,8042024-12-20167.92%
Canara Robeco Small Cap Fund1,382,3311.07102.93574,8042024-12-20140.49%
HSBC Aggressive Hybrid Fund960,2961.3971.5574,8042024-12-2067.06%
Nippon India Multi Cap Fund921,5580.2768.62574,8042024-12-2060.33%
HSBC Infrastructure Fund597,8182.0244.51574,8042024-12-204%
SBI Conservative Hybrid Fund574,8040.4542.8574,8042024-12-200%
SBI Conservative Hybrid Fund - Div (Annual)574,8040.4542.8574,8042024-12-200%
SBI Conservative Hybrid Fund - Div (Monthly)574,8040.4542.8574,8042024-12-200%
SBI Magnum Childrens Benefit Fund - Investment Plan553,7762.5641.23574,8042024-12-20-3.66%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)10.1636.5818.124.999.97
Diluted EPS (Rs.)10.1636.5818.124.999.97
Cash EPS (Rs.)34.8754.6037.1423.1928.52
Book Value[Excl.RevalReserv]/Share (Rs.)108.13110.4673.7667.5968.28
Book Value[Incl.RevalReserv]/Share (Rs.)108.13110.4673.7667.5968.28
Dividend / Share (Rs.)0.005.008.004.007.00
Revenue From Operations / Share (Rs.)330.25299.80270.95199.55234.50
PBDIT / Share (Rs.)47.3947.0947.6529.4734.16
PBIT / Share (Rs.)22.6829.0728.6411.3815.61
PBT / Share (Rs.)13.8322.9223.767.2111.55
Net Profit / Share (Rs.)10.1636.5818.125.109.97
PBDIT Margin (%)14.3515.7017.5814.7614.56
PBIT Margin (%)6.869.6910.565.706.65
PBT Margin (%)4.187.648.763.614.92
Net Profit Margin (%)3.0712.206.682.554.25
Return on Networth / Equity (%)9.3933.1224.577.5414.60
Return on Capital Employeed (%)10.8516.1922.6810.6914.50
Return On Assets (%)4.0117.0811.593.767.35
Long Term Debt / Equity (X)0.190.100.120.060.15
Total Debt / Equity (X)0.290.180.220.170.26
Asset Turnover Ratio (%)1.411.621.861.451.92
Current Ratio (X)0.540.910.640.680.71
Quick Ratio (X)0.430.730.470.520.60
Dividend Payout Ratio (NP) (%)0.000.0066.210.0090.22
Dividend Payout Ratio (CP) (%)0.000.0032.300.0031.55
Earning Retention Ratio (%)0.000.0033.790.009.78
Cash Earning Retention Ratio (%)0.000.0067.700.0068.45
Interest Coverage Ratio (X)5.327.669.777.078.40
Interest Coverage Ratio (Post Tax) (X)2.144.064.722.223.45
Enterprise Value (Cr.)5039.615691.144495.812122.021540.85
EV / Net Operating Revenue (X)1.742.151.881.200.72
EV / EBITDA (X)12.1613.6810.688.154.99
MarketCap / Net Operating Revenue (X)1.652.111.821.160.65
Retention Ratios (%)0.000.0033.780.009.77
Price / BV (X)5.055.736.703.412.25
Price / Net Operating Revenue (X)1.652.111.821.160.65
EarningsYield0.010.050.030.020.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 555.27

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 7.19% compared to the current share price 518.00

Intrinsic Value of as of December 21, 2024 is: 604.67

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 16.73% compared to the current share price 518.00

Last 5 Year EPS CAGR: 8.90%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.08%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 1.00, which is a positive sign.
  3. The company has higher reserves (521.85 cr) compared to borrowings (494.15 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (1.46 cr) and profit (136.31 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 15.33, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 3.07%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 10.85% (Industry Average ROCE: 20.61%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 9.39% (Industry Average ROE: 61.73%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.14
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.43
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 53.6 (Industry average Stock P/E: 131.91)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.29
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

VRL Logistics Ltd. is a Public Limited Listed company incorporated on 31/03/1983 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L60210KA1983PLC005247 and registration number is 005247. Currently Company is involved in the business activities of Electric power generation using other non conventional sources. Company’s Total Operating Revenue is Rs. 2393.65 Cr. and Equity Capital is Rs. 88.34 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/OthersRS. No.351 /1, Varur, Post Chabbi, Hubballi Karnataka 581207varurho@vrllogistics.com
http://www.vrlgroup.in
Management
NamePosition Held
Dr. Vijay SankeshwarChairman & Managing Director
Dr. Anand SankeshwarManaging Director
Mr. L R BhatExecutive Director
Dr. Ashok ShettarNon Executive Director
Mr. Raghottam AkamanchiNon Executive Director
Mr. Shiva SankeshwarNon Executive Director
Dr. Anand PandurangiIndependent Director
Mrs. Medha PawarIndependent Director
Mr. Shankarasa LadwaIndependent Director
Mr. Shantilal JainIndependent Director
Mr. Virupaxagouda A PatilIndependent Director
Mr. Vinay J JavaliIndependent Director
Dr.(Mrs.) Shailaja AmbliIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹555.27, which is 7.19% higher than the current market price of ₹518.00. The stock has a market capitalization of 4,528 Cr. and recorded a high/low of 794/494 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹907 Cr and total liabilities of ₹2,273 Cr.

What is the Market Cap of ?

The Market Cap of is 4,528 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 518.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 794/494.

What is the Stock P/E of ?

The Stock P/E of is 53.6.

What is the Book Value of ?

The Book Value of is 114.

What is the Dividend Yield of ?

The Dividend Yield of is 0.97 %.

What is the ROCE of ?

The ROCE of is 10.7 %.

What is the ROE of ?

The ROE of is 9.00 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE