Vrl Logistics Ltd. · NSE:VRLLOG
Vrl Logistics — Q3 FY2020-21 Earnings Presentation
16 slides from Vrl Logistics's earnings presentation, Feb 6, 2021
Slide 1: Covering letter to stock exchanges: Submission of Earnings Presentation
VRL LOGISTICS LTD Corporate Ofliae : Giriraj Annexe Circuit House Road HUBBALLI - 580029 Karnataka State : Phone 0836 2237511 Fax . 0836 2256612 e-mail : headoffice@vrllogistics.com TO, 8SC Limited NationalStock Exchange of tndia Limited Phiroze Jeeieebhoy Towers Exchange Plaza, Plot No.C/l, G-Btock
Slide 2: VRL Financial Results - Q3 2020-21 Earnings Presentation
VRL Financial Results - Q3 2020-21 Earnings Presentation February 6, 2021 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: Company overview
A public listed company on NSE & BSE Exchange with a Market capitalization of INR 18.25 billion (as on 31st December, 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 4649 owned Goods transport
Slide 5: Market Leader in LTL segment
Market Leader in LTL segment Operations : 22 States,5 Union Territories, 671 Branches 150 Agencies 45 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: Goods transportation fleet and significance of own vehicles
Goods transportation fleet Significance of own vehicles 4649 owned vehicles as on Enables us to significantly control hiring December 31, 2020 and operational costs 4335 (93%) 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 for the quarter and nine months ended 31 December 2020 (Financial Results) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 6 February 2021. These Financial Results have been su
Slide 9: Total Income and EBITDA
Total Income(Rs) 55964 56855 Proactive steps 50026 44181 29% QoQ Growth ensures Rising 16240 Margins and Q3 2019-20 Q4 2019-20 Q1 2020-21 Q2 2020-21 Q3 2020-21 Total Income offsets the EBITDA (Rs ) 10392 setback caused 8206 8947 5907 16% QoQ Growth due to the (3155) Q3 2019-20 Q4 2019-20 Q1 2020-21
Slide 10: Consolidated Financials Q3 FY21
Consolidated Q3 FY21 Q2 FY21 Q3 FY20 9M-FY21 9M-FY20 FY20 (INR in Lakhs) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) TOTAL INCOME 56855.46 44180.76 55964.13 117276.60 162859.33 212885.65 EBITDA 10392.47 8946.91 8205.99 16184.22 24951.55 30858.48 EBITDA 18.28% 20.25% 14.66%
Slide 11: Goods Transport and Bus Operations
(INR in lakhs) Goods Transport Quarter ended Nine Months ended Year ended 31.12.2020 30.09.2020 31.12.2019 31.12.2020 31.12.2019 31.03.2020 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue 50100.82 40771.41 45263.93 105696.82 130805.31 172469.20 EBITDA 9754.4
Slide 12: Sale of Power and Transport of Passengers by Air
(INR in lakhs) Sale of Power Quarter ended Nine Months ended Year ended 31.12.2020 30.09.2020 31.12.2019 31.12.2020 31.12.2019 31.03.2020 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue 313.26 755.87 226.46 1548.3 1668.51 1864.74 EBITDA 147.86 642.36 68.40 1
Slide 13: Key Highlights
Procurement of Bio-fuel @ 32.79% of total quantity in 9MFY21 ( 31.03% in Q1FY21, 53.18% in Q2FY21, 17.34% in Q3FY21). No new Vehicles added during Q3FY21. The ICRA Debt Rating is maintained A+ (stable). 9MFY21 PAT turns positive driven by Q3FY21 performance, thereby indicating successful imp
Slide 14: Net Debt to Equity, Gearing Ratio and Return metrics
Net Debt to Equity Gearing Ratio 17396 6278 12880 17706 6420 32.28% 24.32% 22.30% 16.62% 9.57% 0.3 0.2 0.3 0.1 0.1 FY17 FY18 FY19 FY20 Q3 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 metri
Slide 15: Shareholding pattern
NBFC( RBI Registered), 0.02% Public, 7.68% Others, 1.37% Foreign Portfolio Investors, 2.74% Mutual Funds, 20.14% Promoters, 68.05% 14
Slide 16: Contact details
For further discussions/queries please contact : Sunil Nalavadi Chief Financial Officer +91 93425 59298 cfo@vrllogistics.com