VRL Logistics Ltd - 539118 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In accordance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find the details of scheduled call with the investors.
Buy VRL Logistics; target of Rs 690 : Motilal Oswal
Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 690 in its research report dated March 24, 2022. VRL Logistics Ltd - 539118 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon Life India Asset Management Ltd VRL Logistics Ltd - 539118 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In accordance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find the details of scheduled conference call with Analysts / Institutional Investors. VRL Logistics Ltd - 539118 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In accordance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find the details of a scheduled conference calls. Buy VRL Logistics; target of Rs 690: Motilal Oswal
Motilal Oswal is bullish on VRL Logistics has recommended buy on the stock with a revised price target (PT) of Rs. 690 in its research report dated February 03, 2022. VRL Logistics Ltd - 539118 - Deduction Of Tax At Source On Dividend-Shareholders Communication
Attached is a communication to the Company's shareholders informing them about deduction of tax at source on dividend. Q3FY22 Quarterly Result Announced for VRL Logistics Ltd.
VRL Logistics declares Q3FY22 result: Q3FY2021-22 records the highest ever revenue @ 683 crores, up by 20.18% YOY, and 7.08% QoQ Q3FY2021-22 EBITDA @ 134 crores and Margins @ 19.6%, amongst the best in the industry 9MFY2021-22 EBITDA @ 289 crores and Margins @ 16.6%, amongst the best in the industry Increase in volume and better realisations leads to higher EBITDA margins Geographical Expansion Business shift from unorganised to organised fleet operators due to GST & E-way Bill reforms Operational Efficiencies Increase in sector wise revenue contribution Q3FY2021-22 records the highest ever revenue @ 596 crores , up by 18.98% YOY, and 4.8% QoQ Q3FY2021-22 EBITDA @ 128 crores and Margins @21.47%, amongst the best in the industry 9MFY2021-22 EBITDA @ 281 crores and Margins @ 18.12%, amongst the best in the industry Addition of 29 new branches in Q3FY22 and overall 60 new branches in 9MFY22. Planning to expand network by opening new branches in untapped market. Number of GT Vehicles increased from 4575 in FY2020-21 to 4706 vehicles in 9MFY2021-22. Total of 246 GT Vehicles were added in 9MFY2021-22.(Q1FY22- 54 vehicles, Q2FY22- 138 vehicles, Q3FY22- 54 vehicles- Total 246 GT vehicles). Number of Vehicles Sold/scrapped – 115 GT Vehicles. Net vehicle addition is 131 GT vehicles. Focus on expanding network of own fuel stations and fuel storage capacity at key locations thereby reducing the impact of rising fuel costs and improve profitability margin. Procurement of Bio-fuel @ 8.01% of total quantity in 9MFY22, decreased by 24.78% as compared to 32.79% in 9MFY21. (Q1FY22- 13.49% of total quantity, Q2FY22– 10.55% of total quantity, 1.95% in Q3 FY22) 19 electric vehicles added during 9MFY22. Bus Operations turns EBITDA positive on the back of increased occupancy and realisations. Enabled All India Permit for Buses from 01.4.2021 The ICRA Debt rating is reaffirmed as A+(stable) Net debt increased from Rs 10144.31 lakhs as on Mar 31, 2021 to Rs 10154.57 lakhs as on December 31, 2021 Interim Dividend of Rs 8 per equity share Result PDF VRL Logistics Ltd - 539118 - Announcement under Regulation 30 (LODR)-Investor Presentation
With respect to above captioned subject and in accordance with the extant provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and other applicable laws for time being in force, we enclose herewith the Earnings Presentation of the Company which would also be hosted on the website of our Company