VRL Logistics - Well Placed To Capitalise On Growth: Motilal Oswal

VRL Logistics - Well Placed To Capitalise On Growth: Motilal Oswal

VRL Logistics Ltd. transport fleet standing in a line. (Image: Company website)

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Motilal Oswal Report

We hosted the management of VRL Logistics Ltd. to get an understanding of the current business scenario and its outlook. The management is optimistic on the company’s growth prospects over the next couple of years. A shift towards the organised sector would result in robust business opportunities for the larger players in this space.

In the near term, stabilisation of fuel prices and improved volumes will benefit this sector. The company is focusing on the high-margin less than truck load business (driven by the business-to-business segment) and is expanding its network into newer markets.

We expect VRL Logistics to clock a revenue/Ebitda/profit after tax compound annual growth rate of ~19%/19%/45% over FY21- 24E.

Click on the attachment to read the full report:

Motilal Oswal VRL Logistics Company Update.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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