Company Valuation: VRL Logistics Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 43,668 55,886 48,138 41,390 40,918 49,070 - -
Change - 27.98% -13.86% -14.02% -1.14% 19.92% - -
Enterprise Value (EV) 1 44,958 56,925 50,742 45,323 45,318 60,276 60,177 59,643
Change - 26.62% -10.86% -10.68% -0.01% 33.01% -0.16% -0.89%
P/E 27.3x 17.3x 54.2x 22.6x 17.3x 15.5x 14.9x 13.6x
PBR 6.7x 5.73x 5.09x 3.82x 3.58x 3.91x 3.42x 2.87x
PEG - 0x -0.8x 0x 0.6x 0.5x 3.85x 1.38x
Capitalization / Revenue 1.82x 2.11x 1.67x 1.31x 1.27x 1.34x 1.24x 1.15x
EV / Revenue 1.88x 2.15x 1.76x 1.43x 1.41x 1.64x 1.52x 1.4x
EV / EBITDA 11.1x 14.2x 12.9x 7.91x 6.97x 7.99x 7.61x 7.21x
EV / EBIT 19x 23.5x 28.6x 14.2x 11.6x 12.2x 12x 10.9x
EV / FCF 25.3x -60.5x 36.5x 41.6x 12.7x 14.1x 13.8x 13.2x
FCF Yield 3.95% -1.65% 2.74% 2.4% 7.85% 7.11% 7.27% 7.55%
Dividend per Share 2 4 2.5 - 5 5 4.82 8.04 7.1
Rate of return 1.62% 0.79% - 2.11% 2.14% 1.72% 2.87% 2.53%
EPS 2 9.06 18.27 5.08 10.46 13.54 18.1 18.8 20.65
Distribution rate 44.2% 13.7% - 47.8% 36.9% 26.6% 42.8% 34.4%
Net sales 1 23,937 26,485 28,886 31,609 32,211 36,733 39,681 42,664
EBITDA 1 4,042 4,017 3,934 5,730 6,502 7,542 7,913 8,277
EBIT 1 2,362 2,425 1,773 3,193 3,892 4,946 5,035 5,459
Net income 1 1,601 3,232 848.5 1,825 2,368 2,946 3,211 3,494
Net Debt 1 1,290 1,039 2,603 3,933 4,401 11,206 11,107 10,573
Reference price 2 247.15 316.30 275.18 236.60 233.90 280.50 280.50 280.50
Nbr of stocks (in thousands) 176,687 176,687 174,937 174,937 174,937 174,937 - -
Announcement Date 5/27/22 5/20/23 5/20/24 5/21/25 5/18/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.5x1.64x7.99x1.72% 517M
22.43x7.31x14.55x1.92% 172B
24.35x7.03x14.76x1.18% 90.17B
25.33x8.05x15.9x0.81% 76.74B
21.16x6.81x14.14x2.14% 73.86B
26.83x6.62x15.04x1.66% 73.43B
32.03x6.43x19.25x0.61% 38.92B
38.38x2.71x16.02x-.--% 21.86B
31.44x1.62x13.05x0.79% 21.33B
22.29x2.12x11.85x - 16.93B
Average 25.97x 5.04x 14.25x 1.2% 58.55B
Weighted average by Cap. 25.05x 6.62x 15.00x 1.44%

Y-o-Y evolution of P/E

Valuation ratios - P/E - VRL Logistics Limited

Historical PBR trend

Valuation ratios - PBR - VRL Logistics Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - VRL Logistics Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - VRL Logistics Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - VRL Logistics Limited
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