Vrl Logistics Ltd. · NSE:VRLLOG
Vrl Logistics — Q1 FY2022-23 Earnings Presentation
17 slides from Vrl Logistics's earnings presentation, Aug 10, 2022
Slide 1: Submission of Earnings Presentation to stock exchanges
VRL LOGISTICS LTD Slnce 1976 Regd. & Admn. Offi(e : Eengaluru Road Varur HUBBALLI - 5A1 2O7 Karnataka State Phone i 63661 '19394 Fax : 0A36 2237614 e-mail : varurho@vrllogistics.com TO, BSE Limited NationalStock Exchange of tndia Limited Phiroze Jeeieebhoy Towers Exchange Plaza, Plot No.C/1, c-Block
Slide 2: Q1 FY2022-23 Earnings presentation
( Since - 1976 ) Q1 FY2022-23 Earnings presentation 1
Slide 3: Disclaimer
Disclaimer • Certain statements contained in this document may be statements of future expectations/forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results/performance or events to di
Slide 4: VRL – Market Leader in B2B Parcel Segment
VRL – MARKET LEADER IN B2B PARCEL SEGMENT Only “Owned Asset” organised player in Less than 5036 OWNED GOODS TRANSPORT Truck load logistics business in India VEHICLES HIRED VEHICLES ENGAGED ON NEED Pan-India surface logistics services provider with an BASIS established brand having one of the largest
Slide 5: Financial Performance
FINANCIAL PERFORMANCE KEY HIGHLIGHTS Q1FY23 records the highest ever Quarterly Revenue @ turnover Rs.72008 lakhs Revenue grows 73% YoY and 7% QoQ EBITDA increased by 197% YoY & (11%) QoQ EBITDA @ Margins @ 16% Rs.11738 lakhs PAT increased by 917% YoY and (12%) QoQ Cash flow generated from operating
Slide 6: Consolidated Financials
CONSOLIDATED FINANCIALS Consolidated Q1 YoY Q4 QoQ YoY (INR in Lakhs) FY23 FY22 Growth (%) FY22 Growth (%) FY22 FY21 Growth (%) Income from 71711 41377 73% 66513 8% 239365 176292 36% operations Other Income 296 351 662 1681 1286 Total Income 72008 41728 73% 67175 7% 241047 177579 36% EBITDA 11738 39
Slide 7: Goods Transport
GOODS TRANSPORT Q1 YoY Q4 QoQ YoY Q1FY23 records the highest ever Growth FY23 FY22 Growth (%) FY22 Growth (%) FY22 FY21 revenue @ Rs.60887 lakhs, (%) Revenue 60887 38483 58% 58762 4% 213738 159275 34% EBITDA 9975 4306 132% 12182 (18%) 40263 26641 51% Q1FY23 Revenue up by 58% YOY, and 4% QoQ Margin (
Slide 8: GT Performance
GT PERFORMANCE Revenue Analysis GT revenue increased by 58% YoY and 4% QoQ • Volumes up by 45% YoY and 1% QoQ • 68 new branches added in Q1FY23 and 91 branches added in FY22 • Branches added in Q1FY23 & FY 2021-22 contributed ~8% of total tonnage in Q1FY23 • Addition of new clients due to Geographic
Slide 9: GT Performance
GT PERFORMANCE Y-o-Y Profitability Analysis • Economic revival during Q1FY23 as against pandemic affected Q1FY22 resulting into revenue growth and profitable operations • Useful life of the Goods transport vehicles revised from 8.84 years to 15 years resulting into lower deprecation charges of Rs.93
Slide 10: Bus Operations
BUS OPERATIONS Q1 YoY Q4 QoQ YoY Improved performance on account of Growth Growth overall increase in Number of passengers FY23 FY22 FY22 Growth (%) FY22 FY21 travelled , Average seat occupation & (%) (%) Number of trips due to holiday season Revenue 9787 1757 457% 6217 57% 20484 13034 57% Q1FY23 Re
Slide 11: Sale of Power
SALE OF POWER Q1 YoY Q4 QoQ YoY Q1FY23 Revenue @ 491 lakhs, down by 11% YoY and 46% QoQ FY23 FY22 Growth (%) FY22 Growth (%) FY22 FY21 Growth (%) Revenue 491 554 (11%) 903 (46%) 2526 1757 44% Q1FY23 EBITDA @ 319 lakhs, down by 18% YoY and 55% QoQ, EBITDA 319 389 (18%) 707 (55%) 1827 1159 58% Margins
Slide 12: Infrastructure
INFRASTRUCTURE 28177 No of GT Vehicles Capacity (tons) 15096 14991 7410 6343 1184 917 685 1586 655 611 534 12 432 <5 tons 5 - 10 tons 10 - 15 tons 15 - 20 tons 20 - 25 tons 25 - 30 tons >30 tons 1.61% 8.61% 10.06% 38.27% 20.50% 20.36% 0.59% Percent of total capacity Note: List of vehicles excludes C
Slide 13: Goods Transportation Operational Network
Goods Transportation Operational Network • Market Leader In LTL Segment • Operations: 23 States and 4 Union Territories • 1023 Branches • 47 Strategically Placed Hubs 12
Slide 14: Wide range of sectors served
Wide range of sectors served Sports Items Educational Expertise In Handling Variety Of Goods Machinery Commodities Agriculture FMCG products Textile Diversified B2B Customer Base Across Wide Range Of Industries Electrical Leather Pharma Products No single customer contributing over Garments ~1% of T
Slide 15: Key Developments
KEY DEVELOPMENTS Addition of 68 new branches in Q1FY23 as against 91 branches in FY2021-22. Total number of branches as on 30.06.2022 is 1023. Planning to expand network by opening new branches in untapped market Expansion of existing branch area and increasing branch density in key markets like Pun
Slide 16: Continued focus on higher margin LTL segment
Continued focus on higher Focus on increasing Geographic margin LTL segment presence in hitherto untapped markets Priority to Volume Growth- Wait and Watch approach on Freight Hike Well positioned to conclude planned fleet addition 15
Slide 17: For Further discussions or Queries, Please contact
For Further discussions or Queries, Please contact Sunil Nalavadi Chief Financial Officer +91 93425 59298 cfo@vrllogistics.com 16