NSE: VRLLOG | BSE: 539118

Strong Performer, Under Radar

Download real time

268.50 -0.75 (-0.28%)

27,751 NSE+BSE Volume

NSE 15 Dec, 2025 11:12 AM (IST)

4,697.1

Market Cap

High in industry

Beta 1Year

Low volatility

VRL Logistics Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VRLLOG, BSE:539118 VRL Logistics Ltd.

VRL Logistics Ltd.

22 May 2024

268.50

-0.28%

Better-than-expected performance

Buy: VRL Logistics Ltd.

Target

ICICI Securities Limited

VRL Logistics’ (VRL) Q4FY24 EBITDA was 12.4%/7.8% ahead of our/consensus estimates. Key points: 1) Shipments grew 9.6% YoY (better than expected).

VRL Logistics Ltd.'s price crossed above 200Day SMA today

VRL Logistics Ltd.

21 May 2024

268.50

-0.28%

Performance in line, subdued growth in Southern market impact tonnage growth in FY24

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics (VRL)’s 4QFY24 revenue grew 10% YoY/4% QoQ to ~INR7.7b (in
line with our estimate). Volumes increased ~10% YoY to 1.13m tons in
4QFY24.

VRL Logistics Ltd. has an average target of 350.00 from 2 brokers.

VRL Logistics Ltd.

07 Nov 2023

268.50

-0.28%

Delay in festive demand drags down performance; 2H likely to be better

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd.'s price crossed above 200Day SMA today

VRL Logistics Ltd.

14 Sep 2023, 12:00AM

268.50

-0.28%

Focus on volume growth; aggressive branch expansion continues

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd. has an average target of 350.00 from 2 brokers.

VRL Logistics Ltd.

09 Aug 2023

268.50

-0.28%

Trucking along

Buy: VRL Logistics Ltd.

ICICI Securities Limited

VRL Logistics’ (VRL) Q1FY24 performance missed our and street estimates by 3% and 8% respectively owing to lower volumes. Key takeaways: i) one-off factors impacted volumes by 4%; 2) realisation stayed flat QoQ as the company kept its pricing strategy unchanged; 3) capex in Q1FY24 was at INR 870mn, mainly due to addition of new vehicles; 4) fuel sourcing from refineries increased resulting in cost advantage.

VRL Logistics Ltd.'s price crossed above 200Day SMA today

VRL Logistics Ltd.

19 Jul 2023

268.50

-0.28%

Capacity/network expansion to boost growth

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd. has an average target of 350.00 from 2 brokers.

VRL Logistics Ltd.

23 May 2023

268.50

-0.28%

Good performance in testing times

Buy: VRL Logistics Ltd.

Target

ICICI Securities Limited

VRL Logistics’ (VRL) Q4FY23 performance was in line with our estimates. Key takeaways: i) EBITDA margin of GT segment expanded 30bps QoQ to 16%; ii) volume rose 16% YoY (2.2% QoQ) at 1,031kte; 3) added 57 new branches in Q4FY23; 4) net debt rose Rs381mn YoY owing to buyback of shares amounting to Rs613mn in Q4FY23.

VRL Logistics Ltd.'s price crossed above 200Day SMA today

VRL Logistics Ltd.

08 May 2023

268.50

-0.28%

Sale of bus business boosts prospects; fleet addition and branch expansion to drive growth

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd.'s price crossed above 200Day SMA today

VRL Logistics Ltd.

31 Jan 2023

268.50

-0.28%

Turnaround visible; key will be in sustaining it

Buy: VRL Logistics Ltd.

ICICI Securities Limited

VRL Logistics’ (VRL) Q3FY23 performance was in line with our estimates. Key takeaways: i) volumes in goods transport (GT) segment surged to their all-time highs while decline in EBITDA/te was arrested; ii) GT business’ EBITDA margin expanded 90bps QoQ; iii) new branches added post-covid accounted for ~12% of total tonnage in Q3FY23.