VRL Logistics Ltd. was founded in 1976 by DR. Vijay Sankeshwar in Gadag, a small town in North Karnataka with a single truck and a vision that was way ahead of its time.  VRL gradually expanded its services to Bangalore, Hubli and Belgaum. From this humble beginning VRL has today grown into a nationally renowned logistics and transport company which is also currently the largest fleet owner of commercial vehicles in India. VRL finds mention in the Limca Book of Record as the largest fleet owner of commercial vehicles in india in the Private Sector. Over the years, VRL has pioneered in providing a safe and reliable delivery network in the field of parcel service. It has spread its operations to Courier Service, Priority Cargo & Transport of Passengers by Air to meet the growing demands of its burgeoning customer base.

3PL & Warehousing solutions offered by VRL are tailor-made and cater to unique needs of its diverse customer base. With the largest goods transportation network in India, VRL parcel service is indispensable for a large number of Corporate Houses. This network spans the length and breadth of the country and is supported by strategically located transshipment hubs. It operates through a network of many Branch and franchisees to cater its valuable customers and it is now in the process of expanding its services to reach even the remotest locations of the Country.

Business area of the company

VRL Logistics is engaged in goods transportation and passenger transportation. The Company offers logistics services dealing in domestic transportation of goods. It is also engaged in bus operations, air chartering service, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills. The company is one of the leading pan-India surface logistics and parcel delivery service providers. It owned and operated the largest fleet of commercial vehicles in the private sector in India. It provides general parcel and priority parcel delivery (less than truckload services, LTL), courier and full-truckload (FTL) services through its widespread transportation network in many States and Union Territories across India.

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Market Cap	6,184 Cr	ROE	20.4%
P/E Ratio(TTM)	18.2	EPS(TTM)	0.0
P/B Ratio	6.8	Dividend Yield	0.7%
Industry P/E	29.4	Book Value	103.9
		Face Value	10.0

Fundamentals