| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 879 | 744 | +18.1% |
| EBITDA | 187 | 152 | +23.1% |
| EBITDA margin | 21.2% | 20.4% | +0.9 pts |
| Profit before tax | 108 | 67.2 | +59.9% |
| Net profit | 80.5 | 50.0 | +60.9% |
| EPS | ₹4.60 | ₹5.72 | −19.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 4,730 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 15.5 | 15.5 | 53.1 | 18.3 | 26.6 | ||
| 456 | 456 | 447 | 279 | 179 | ||
| 5,170 | — | — | — | — | ||
| 3,356 | 3,221 | 3,161 | 2,889 | 2,649 | ||
| — | +1.9% | +9.4% | +9.1% | — | ||
| 685 | 650 | 573 | 393 | 402 | ||
| 20.4% | 20.2% | 18.1% | 13.6% | 15.2% | ||
| 426 | 389 | 319 | 177 | 243 | ||
| 267 | 237 | 183 | 88.9 | 323 | ||
| 8.0% | 7.4% | 5.8% | 3.1% | 12.2% | ||
| ₹15.28 | ₹13.54 | ₹10.46 | ₹5.08 | ₹18.47 | ||
| — | +29.5% | +105.9% | −72.5% | — | ||
| — | 654 | 558 | 424 | 318 | ||
| — | −299 | −449 | −285 | −412 | ||
| 356 | 356 | 109 | 139 | −94.1 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 4,729.5 | |
| - Cash, Equiv & ST Investments | 26.6 | 18.3 | 53.1 | 15.5 | 15.5 | |
| + Total Debt | 179.1 | 279.3 | 447.1 | 455.7 | 455.7 | |
| Enterprise Value | — | — | — | — | 5,169.7 | |
| Revenue | 2,648.5 | 2,888.6 | 3,160.9 | 3,221.1 | 3,355.6 | |
| Growth %, YoY | — | +9.1 | +9.4 | +1.9 | — | |
| EBITDA | 401.7 | 393.4 | 573.0 | 650.2 | 685.2 | |
| Margin % | 15.17 | 13.62 | 18.13 | 20.19 | 20.42 | |
| EBIT | 242.5 | 177.3 | 319.3 | 389.2 | 426.5 | |
| Net Income | 323.2 | 88.9 | 182.9 | 236.8 | 267.3 | |
| Margin % | 12.20 | 3.08 | 5.79 | 7.35 | 7.97 | |
| EPS, Adj (current shares) | 18.47 | 5.08 | 10.46 | 13.54 | 15.28 | |
| Growth %, YoY | — | -72.5 | +105.9 | +29.5 | — | |
| Cash from Operations | 318.3 | 423.9 | 557.8 | 654.4 | — | |
| Capital Expenditures | -412.4 | -284.8 | -448.9 | -298.6 | — | |
| Free Cash Flow | -94.1 | 139.2 | 108.9 | 355.8 | 355.8 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
VRL Logistics (NSE: VRLLOG) had a market capitalisation of ₹4,547 crore at the 30 October 2026 close (₹259.90 a share), a PE ratio of 17.0 on the last four quarters' profit and a price-to-book ratio of 3.98. In FY26 its consolidated net profit was ₹237 crore on revenue of ₹3,221 crore; in Q1 FY27 (April–June 2026) it was ₹80.5 crore, up 60.9% year on year. Its debt-to-equity ratio was 0.40 on 31 March 2026. Promoters held 60.24% of the shares on 30 September 2026.
VRL Logistics' PE ratio is 17.0 at the 30 October 2026 close (₹259.90 a share): a market capitalisation of ₹4,547 crore divided by consolidated net profit of ₹267 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹237 crore) it is 19.2.
VRL Logistics' debt-to-equity ratio was 0.40 on 31 March 2026: borrowings of ₹456 crore against total equity of ₹1,142 crore. A year earlier, on 31 March 2025, it was 0.41.
VRL Logistics' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,142 crore on 31 March 2026, up 5.3% from ₹1,085 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,547 crore at the 30 October 2026 close.
VRL Logistics' price-to-book (PB) ratio is 3.98 at the 30 October 2026 close: a market capitalisation of ₹4,547 crore divided by shareholders' equity (book value) of ₹1,142 crore on 31 March 2026. That is a book value of ₹65.30 per share against a share price of ₹259.90.
In FY26, VRL Logistics' return on equity (ROE) was 21.3% and its return on capital employed (ROCE) was 17.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.0% and ROCE 15.9%.
VRL Logistics' book value per share was ₹65.30 on 31 March 2026: shareholders' equity of ₹1,142 crore divided by the 17.49 crore shares in issue. The share price at the 30 October 2026 close was ₹259.90.
VRL Logistics' market capitalisation was ₹4,547 crore at the 30 October 2026 close: 17.49 crore shares at ₹259.90 each.
No. VRL Logistics had borrowings of ₹456 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.40. Its cash and current investments were ₹15.6 crore, so its net debt was ₹440 crore.
In 2026, VRL Logistics has declared one dividend: ₹5 (interim) with record date 13 February 2026.
VRL Logistics' basic earnings per share (EPS) were ₹13.54 in FY26.
Promoters held 60.24% of VRL Logistics on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
VRL Logistics will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
On 30 September 2026, VRL Logistics' shares were held by promoters 60.24%, foreign portfolio investors (FII/FPI) 3.69%, domestic institutions (DII) 24.50% (including mutual funds at 23.68%) and retail and other non-institutional investors 11.57%. Over the year, FII holding was down 0.30 percentage points from 3.99% and DII holding was up 0.22 percentage points from 24.28%.
On FY26 consolidated figures, against TVS Supply Chain Solutions, Transport Corporation of India and Mahindra Logistics: VRL Logistics' operating margin of 12.1% is the highest of the four (TVS Supply Chain Solutions 1.9%, Transport Corporation of India 7.9%, Mahindra Logistics 1.4%; peer average 3.8%); its return on equity of 21.3% is the highest of the four (TVS Supply Chain Solutions 6.0%, Transport Corporation of India 19.5%, Mahindra Logistics 0.3%; peer average 8.6%).
At the 30 October 2026 closing prices, on FY26 net profit, VRL Logistics' PE ratio is 19.2, the third highest of the four: TVS Supply Chain Solutions 40.4, Transport Corporation of India 14.7 and Mahindra Logistics 1,786.0, a peer average of 613.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, VRL Logistics generated ₹654 crore of cash from operations and spent ₹299 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹356 crore. In FY25 it was ₹109 crore.
VRL Logistics' latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹80.5 crore, up 60.9% from ₹50 crore in Q1 FY26; revenue from operations ₹879 crore, up 18.1% year on year.
In FY26 (April 2025–March 2026), VRL Logistics' consolidated net profit was ₹237 crore, up 29.5% from ₹183 crore in FY25, on revenue from operations of ₹3,221 crore (up 1.9%). Over three years, from FY23, net profit was down 26.7%.
In FY26, VRL Logistics earned net profit of ₹237 crore on revenue of ₹3,221 crore, against ₹114 crore on ₹11,003 crore for TVS Supply Chain Solutions. VRL Logistics' operating margin was 12.1% (TVS Supply Chain Solutions 1.9%) and its return on equity 21.3% (TVS Supply Chain Solutions 6.0%). At the 30 October 2026 close, VRL Logistics' market capitalisation was ₹4,547 crore against ₹4,622 crore for TVS Supply Chain Solutions, and its PE ratio on FY26 profit 19.2 against 40.4.
From VRL Logistics' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.