The VRL Logistics stock is currently trading at a market price of Rs. 629.70, up 2.22 percent from its previous close 616.05. The stock has gained 1.61 per cent in the last five trading days, but has lost around 3.55 per cent in the past week. The firm recorded total revenue of Rs 671.7492 crore for the quarter ended March 31, 2022 603.0213 crore in the year-ago quarter. The company earned net revenue of 2410.4654 crore in FY22, up from 1775.7873 crore in the financial year 2011.
The firm has recorded a net profit or profit after tax (PAT) of 56.1884 crore for the quarter ended March 31, 2022 as compared to 37.1644 crore in Q4 FY21, and a PAT 160.1126 crore for FY22, as against 45.0679 crore in FY21. The EBITDA margin for the fourth quarter of FY22 stood at 19.71 per cent, while the EBITDA margin for the full FY 2022 stood at 17.46 per cent. The EBIT margin for Q4 FY22 stood at 12.82 per cent, while the EBIT margin for the full FY 2022 stood at 10.5 per cent. The PBT margin for Q4 FY22 stood at 11.03 per cent, while the PBT margin for FY22 stood at 8.71 per cent. The firm posted PAT margins of 8.36 per cent in Q4 of FY12 and 6.64 per cent in FY12 as compared to 2.54 per cent in FY21.
According to Motilal Oswal, VRL Logistics Limited (VRLL) has entered into an MoU with Ratna Cement for a consideration of Rs 480 million. The deal is expected to be completed by end-July 22 and VRLL will book revenue from wind power in 1Q-2QFY23.
The growth in GT was driven by the addition of new branches and the shift from the unorganized sector to the organized sector of business. VRLL has opened 91 branches in FY22 and is planning to open 100 additional branches in FY23. The company reported a 47% increase in bus passenger numbers in FY12 from 1.9m (4Q:0.6m) to 1.3m in FY12. The brokerage said the per passenger collection increased to Rs 1073 in FY12 from Rs 1,000 in FY11.
“We expect 19% revenue CAGR, with rapid addition of branches in untapped areas. With strong volume and cost efficiency measures, we expect a healthy EBITDA margin (16-17%) over the next two years,” Motilal Oswal has said.
“We raise our FY23/FY24 EPS estimate by 2%/8% to factor in a better outlook on volumes and margins. Strong recovery in the GT and Bus segments will help drive profits. We maintain our buy rating with a revised TP of INR720 per share (30x FY24E EPS),” the brokerage added.
VRL Logistics Ltd. is a Multibagger Stock, with an increase of 143.22 percent from its share price 257.50 to May 31, 2021 629.70 as on May 31, 2022, 9:17 IST, giving a multibagger return of 143.22 percent. So far in 2022, the stock has gained 41.74 percent year-on-year (YTD). On NSE, stock touches 52-week high 658.70 on 21-Apr-22 and 52-week low of 246.25 as on 31-May-21, which means it is down 4.45% from its 52-week high and 155 percent above its 52-week low.