Vrl Logistics Ltd. · NSE:VRLLOG
Vrl Logistics — Q1 FY2021 Earnings Presentation
15 slides from Vrl Logistics's earnings presentation, Aug 14, 2020
Slide 1: VRL Financial Results - Q1 2020-21
VRL Financial Results - Q1 2020-21 Earnings Presentation August 14, 2020 1
Slide 2: • 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 3: Company overview
A public listed company on NSE & BSE Exchange with a Market capitalization of INR 14.59 billion (as on 30th June 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 4708 owned Goods transport vehi
Slide 4: Market Leader in LTL segment
Market Leader in LTL segment Operations : 22 States,5 Union Territories, 689 Branches 167 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 9
Slide 5: 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 6: Goods transportation fleet and significance of own vehicles
Goods transportation fleet Significance of own vehicles 4708 owned vehicles as on Enables us to significantly control hiring June 30, 2020 and operational costs 4169 (89%) debt free vehicles Higher payload per vehicle for LTL consignments Wide range of vehicles Enables us to cover a large numb
Slide 7: Notes to financial results
1) The financial results are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) (amended) as prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies, as applicable. 2) The financial results were reviewed
Slide 8: Consolidated financials Q1 FY21
Consolidated (INR in Q1 FY21 Q4 FY20 Q1 FY20 FY20 (Audited) Lakhs) (Unaudited) (refer note 4) (Unaudited) (Audited) TOTAL INCOME 16240.38 50026.32 54203.51 212885.65 EBITDA (3155.16) 5906.93 9119.07 30858.48 EBITDA Margins(%) (19.43%) 11.81% 16.82% 14.50% EBIT (7342.94) 1378.21 5121.18 14105.05 EBIT
Slide 9: Goods Transport and Bus Operations
(INR in lakhs) Goods Transport Quarter ended Year ended 30.06.2020 31.03.2020 30.06.2019 31.03.2020 Particulars (Unaudited) (Audited) (Unaudited) (Audited) Revenue 14824.59 41663.89 42339.02 172469.20 EBITDA (3410.59) 4790.95 6290.70 23006.01 EBITDA Margin(%) (23.01%) 11.50% 14.86% 13.34% EBIT (6117
Slide 10: Sale of Power and Transport of Passengers by Air
(INR in lakhs) Sale of Power Quarter ended Year ended 30.06.2020 31.03.2020 30.06.2019 31.03.2020 Particulars (Unaudited) (Audited) (Unaudited) (Audited) Revenue 479.17 196.23 483.92 1864.74 EBITDA 337.07 41.74 305.22 1239.56 EBITDA Margin(%) 70.34% 21.27% 63.07% 66.47% EBIT 48.31 (227.68) 27.72 153
Slide 11: Q1 FY21 highlights
Procurement of Bio-fuel @ 31.03% of total quantity in Q1 FY21 ( 31.42% in Q1- 20, 18.37% in Q4-20). Bio-fuel quantity decreased by 0.38% in Q1 FY21, as compared to 31.42% of total quantity in Q1FY20. No Vehicles were added during Q1-FY21. The ICRA Debt Rating is maintained A+ (stable). Net d
Slide 12: Measures taken to manage the impact
• Continuous review of Policies. • Focus on new sales, addition of new customers across all sectors. • Steps taken to reduce the variable expenses, and renegotiate fixed expenses such as Rent, Salaries, Maintenance schedules, etc.) • Tracking expenses against the revenue –branch profitability. • Foc
Slide 13: Net Debt to Equity, Gearing Ratio and Return metrics
Net Debt to Equity Gearing Ratio 17396 6278 12880 17706 18900 32.28% 24.32% 22.30% 16.62% 9.57% 0.3 0.2 0.3 0.3 0.1 FY17 FY18 FY19 FY20 Q1 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 14: Shareholding pattern
Public, 5.34% NBFC( RBI Financial Institutions Registered), 0.02% & Banks, 0.03% Others, 1.44% Foreign Portfolio Investors, 4.09% Mutual Funds, 21.03% Promoters, 68.05% 14
Slide 15: Contact
For further discussions/queries please contact : Sunil Nalavadi Chief Financial Officer +91 93425 59298 cfo@vrllogistics.com