Vrl Logistics Ltd. · NSE:VRLLOG
Vrl Logistics — Q2 FY2020-21 Earnings Presentation
16 slides from Vrl Logistics's earnings presentation, Nov 6, 2020
Slide 1: Submission of Earnings Presentation to stock exchanges
VRL LOGISTICS LTD Corporate Otfic€ : Girirai Annexe Circuit House Road HUBBALLI - 580029 Karnataka State Phone : 0836 2237511 Fax : 0836 2256612 e-mail : headoffice@vrllogistics.com To, BSE Limited National Stock Exchange oI lndia Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No.C/1, G-Bloc
Slide 2: VRL Financial Results - Q2 2020-21 Earnings Presentation
VRL Financial Results - Q2 2020-21 Earnings Presentation November 6, 2020 1
Slide 3: • Certain statements contained in this document may be statements of future expectations/forward
• 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 differ materi
Slide 4: Company overview
A public listed company on NSE & BSE Exchange with a Market capitalization of INR 14.93 billion (as on 30th September, 2020). A pre dominantly parcel delivery service provider (87% of total Revenue for FY20) with pan–India last mile connectivity operating through a fleet of 4668 owned Goods transpor
Slide 5: Market Leader in LTL segment
Market Leader in LTL segment Operations : 22 States,5 Union Territories, 678 Branches 153 Agencies 47 Strategically placed Hubs Hub-and-Spoke model to aggregate small parcels and maximize capacity utilization of its vehicles Efficient operations with largest fleet and a robust pan India network in 8
Slide 6: Own Vehicle Numbers
Own Vehicle Numbers Car Available Total 0.5 tons to 2.5 tons to 7.5 tons and Tanker Cranes TOTAL As of Carrier Capacity Vehicles BUSES 2.5 tons 7.5 tons above (2) (3) FLEET (1) (tons) Owned 31-Mar-17 117 969 2723 102 52099 17 13 3941 419 4360 31-Mar-18 150 960 2765 102 52954 17 13 4007 396 4403 31-M
Slide 7: Significance of own vehicles
Goods transportation fleet Significance of own vehicles 4668 owned vehicles as on Enables us to significantly control hiring September 30, 2020 and operational costs 4129 (88%) debt free vehicles Higher payload per vehicle for LTL consignments Wide range of vehicles Enables us to cover a large
Slide 8: Notes to the financial results
1) The above Statement of Unaudited Financial Results (financial results) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 6, 2020. The Statutory Auditors of the Company have carried out a limited review of the above finan
Slide 9: Total Income and EBITDA trends
Total Income(Rs) v/s Growth (%) Proactive steps 60000 55964 200% 52692 172% 50026 50000 150% 44181 40000 100% ensures Rising 30000 50% 6% 20000 16240 0% -3% Margins and 10000 -11% -50% -68% 0 -100% Q2 2019-20 Q3 2019-20 Q4 2019-20 Q1 2020-21 Q2 2020-21 offsets the Total Income Growth Rate(%) EBITDA
Slide 10: Consolidated Q2 FY21 results
Consolidated Q2 FY21 Q1 FY21 Q2 FY20 H1-FY21 H1-FY20 FY20 (INR in Lakhs) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) TOTAL INCOME 44180.76 16240.38 52691.69 60421.14 106895.20 212885.65 EBITDA 8946.91 (3155.16) 7626.49 5791.75 16745.56 30858.48 EBITDA 20.25% (19.43%) 14.47%
Slide 11: Goods Transport and Bus Transport
(INR in lakhs) Goods Transport Quarter ended Half year ended Year ended 30.09.2020 30.06.2020 30.09.2019 30.09.2020 30.09.2019 31.03.2020 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue 40771.41 14824.59 43202.36 55596.00 85541.38 172469.20 EBITDA 7972.08 (3
Slide 12: Sale of Power and Transport of Passengers by Air
(INR in lakhs) Sale of Power Quarter ended Half year ended Year ended 30.09.2020 30.06.2020 30.09.2019 30.09.2020 30.09.2019 31.03.2020 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue 755.87 479.17 958.13 1235.04 1442.05 1864.74 EBITDA 642.36 317.86 824.20 9
Slide 13: Q2 FY21 key highlights
Procurement of Bio-fuel @ 46.73% of total quantity in H1FY21 ( 31.03% in Q1FY21, 53.18% in Q2FY21). Bio-fuel quantity increased by 22.14% in Q2FY21, as compared to 31.03% of total quantity in Q1FY21. No Vehicles were added during Q2FY21. The ICRA Debt Rating is maintained A+ (stable). Q2FY21
Slide 14: Net Debt to Equity, Gearing Ratio and Return metrics
Net Debt to Equity Gearing Ratio 17396 6278 12880 17706 11456 32.28% 24.32% 22.30% 16.62% 9.57% 0.3 0.2 0.3 0.2 0.1 FY17 FY18 FY19 FY20 Q2 FY21 FY16 FY17 FY18 FY19 FY20 Net debt/Equity(x) Net debt position (Lakhs) Note : Debt for the above purpose includes non-current borrowings, current Return metr
Slide 15: Shareholding pattern
NBFC( RBI Registered), 0.02% Public, 7.02% Others, 1.46% Foreign Portfolio Investors, 2.88% Mutual Funds, 20.57% Promoters, 68.05% 14
Slide 16: For further discussions/queries please contact
For further discussions/queries please contact : Sunil Nalavadi Chief Financial Officer +91 93425 59298 cfo@vrllogistics.com