Vrl Logistics Ltd. · NSE:VRLLOG
Vrl Logistics — Q1 FY2019-20 Earnings Presentation
18 slides from Vrl Logistics's earnings presentation, Aug 10, 2019
Slide 1: Submission of Earnings Presentation to stock exchanges
VRL LOGISTICS LTD Corporate Office : Giriraj Annexe Circuit House Road HUBBALLI - 580 029 Karnataka State Phone : 0836 2237511 Fax : 0836 2256612 e-mail : headoffice@vrllogistics.com To, BSE Limited Nationa! Stock Exchange of lndia Umited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No.C/l, G-Bloc
Slide 2: VRL Financial Results – Q1 2019-20
EARNINGS PRESENTATION VRL Financial Results – Q1 2019-20 August 10, 2019 1
Slide 3: 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 differ materi
Slide 4: Public listed company on NSE & BSE overview
A public listed company on NSE & BSE with a Market capitalization of INR 25.10 billion (as on 30th June, 2019). A pre dominantly parcel delivery service provider (70.21 % of total Revenue for FY 19) with pan–India last mile connectivity operating through a fleet of 4478 owned Goods transport vehicle
Slide 5: Market Leader in LTL segment
Market Leader in LTL segment Operations : 23 States,4 Union Territories, 696 Branches 183 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 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-16 119 982 2639 102 49861 17 13 3872 381 4253 31-Mar-17 117 969 2723 102 52099 17 13 3941 419 4360 31-M
Slide 7: Goods transportation fleet and significance of own vehicles
Goods transportation fleet Significance of own vehicles 4478 owned vehicles as on Enables us to significantly control hiring June 30, 2019. and operational costs 4288 (96%) debt free vehicles Higher payload per vehicle for LTL consignments Wide range of vehicles Enables us to cover a large num
Slide 8: Key developments during the quarter
E-way bill Compliance - Complete automation of the compliance process by means of integrating the API with Government Software Procurement of Bio-fuel @ 31.42% of Total fuel quantity in Q1 FY20 ( 15.35% in Q4-19, 18.08% in Q1-19). Bio-fuel consumption increased by 16.07% QoQ, and 13.33%YoY. Add
Slide 9: Notes to the 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 10: Impact of adopting Ind AS 116 on quarterly results
The impact of adopting Ind AS 116 on the financial results for the quarter ended 30 June 2019 is as follows: Quarter Quarter Particulars ended ended Increase/ Goods Bus 30.06.2019 30.06.2019 (Decrease) Windmill Air charter (INR in lakhs) transport operation (Erstwhile (As per Ind in Profit basis) AS
Slide 11: Consolidated financial results
Revenue at Rs. 54203.51 lakhs EBITDA Margins at 16.82% EBIT Margins at 9.45% PBT Margins at 7.83% PAT Margins at 5.06% Consolidated (INR in Q1 FY20 Q4 FY19 Q1 FY19 FY19 Lakhs) (Unaudited) (Unaudited) (Unaudited) (Audited) REVENUE 54203.51 51478.34 53095.72 211746.82 EBITDA 9119.07 6187.13 6271.95 25
Slide 12: Goods Transport
(INR in lakhs) Goods Transport Quarter ended Year ended 30.06.2019 31.3.2019 30.06.2018 31.03.2019 Particulars (unaudited) (unaudited) (unaudited) (Audited) Revenue 42339.02 41657.69 40991.83 168601.88 EBITDA 6853.54 5534.96 4215.41 20521.12 16.19% 13.29% 10.28% 12.17% EBITDA Margin(%) EBIT 4119.14
Slide 13: Bus Operations
(INR in lakhs) Bus Operations Quarter ended Year ended 30.06.2019 31.3.2019 30.06.2018 31.03.2019 Particulars (unaudited) (unaudited) (unaudited) (Audited) 10395.53 8878.47 10723.94 38032.74 Revenue 2095.74 884.27 1826.21 4136.27 EBITDA 20.16% 9.96% 17.03% 10.88% EBITDA Margin(%) 1366.96 282.73 1198
Slide 14: Sale of Power
(INR in lakhs) Sale of Power Quarter ended Year ended 30.06.2019 31.3.2019 30.06.2018 31.03.2019 Particulars (unaudited) (unaudited) (unaudited) (Audited) 483.92 232.36 544.51 2208.51 Revenue 305.23 74.83 381.42 1545.87 EBITDA 63.07% 32.20% 70.05% 70.00% EBITDA Margin(%) 27.72 (196.41) 110.18 460.93
Slide 15: Transport of Passengers by Air
(INR in lakhs) Transport of Passengers by Air Quarter ended Year ended 30.06.2019 31.3.2019 30.06.2018 31.03.2019 Particulars (unaudited) (unaudited) (unaudited) (Audited) 518.57 243.61 328.2 1072.22 Revenue 140.67 (128.53) 33.90 (62.50) EBITDA 27.13% (52.76%) 10.33% -5.83% EBITDA Margin(%) 100.19 (
Slide 16: Net Debt to Equity, Gearing and Leverage metrics
Net Debt to Equity Gearing Ratio 24501 17396 6278 12880 8766 32.28% 24.32% 16.62% 9.57% 0.5 0.3 0.1 0.2 0.13 FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19 Q1 FY20 Net debt position (Lakhs) is Net debt/Equity(x) Return metrics without considering the Impact of IndAs 116 Note : Debt for the above purpose in
Slide 17: Shareholding Pattern
Shareholding Pattern 0.03% 4.91% 0.03% 1.41% Promoter 5.87% Mutual Funds Foreign Portfolio Investors 19.70% Financial Institutes/ Banks 68.05% General Public NBFC (RBI Registered) Others 16
Slide 18: Thanking You
THANKING YOU For further discussions/queries Please contact : Sunil Nalavadi Chief Financial Officer +91 93425 59298 cfo@vrllogistics.com