Why is VRL falling?
VRLLOG Vrl Logistics is falling or rising technical reasons Stock is falling and might fall more. Stock of Vrl Logistics (VRLLOG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower
How Much Debt Does VRL Logistics Carry? You can click the graphic below for the historical numbers, but it shows that as of March 2022 VRL Logistics had ₹1.43b of debt, an increase on ₹1.20b, over one year. However, it does have ₹144.9m in cash offsetting this, leading to net debt of about ₹1.29b.02-Jun-2022
What is the full form of VRL?
VRL Logistics Limited (formerly Vijayanand Roadlines Ltd.), commonly known as the VRL Group, is an Indian conglomerate headquartered in Hubballi, Karnataka, India with operations in around 23 states and 4 union territories in the country.
Vijay Sankeshwar is an Indian businessman from Dharwad, Karnataka. He along with Anand Sankeshwar (managing director) is the chairman of India's largest logistics firm VRL Group. He is also known for being the owner of the largest fleet of commercial vehicles in India.
Is VRL Logistics a good buy?
VRL Logistics' (VRL) overall performance was in-line with expectations in Q4FY22, with EBITDA margin of ~18.9%. Top line grew 10.7% YoY and EBITDA was up 31.5% YoY. Reduction in overall operating costs and strong volume growth in good transportation (GT) segment allowed VRL to further improve on gross margin at 35%.30-May-2022
Asset-heavy business. VRL Logistics is an asset-heavy business and derives its revenue significantly from goods transport (81 per cent) and bus operations (16 per cent). The company has 4,754 trucks and 337 buses and the business was running at about 100 per cent capacity utilisation before the Covid-19 outbreak.28-Jun-2020
Which company has highest debt in India?
High Debt Companies
debt free companies
What is debt free stock?
The stock market loves debt free companies. These are perceived to be safe stocks. Large institutional funds especially have a preference for the stocks of such companies. Companies with zero debt usually have strong cash flows and thus have considerable flexibility in how they use the cash in their business.
VRL is one of the front runners in the Indian Passenger Travel Industry amongst the private sector players. These operations are conducted under the aegis of "VIJAYANAND TRAVELS" covering more than 350 routes connecting nearly 100 destinations with over 295 luxury Buses / Coaches.
Do VRL buses have toilets?
Q: Do VRL buses have toilets? A: Most VRL Travel buses have bathrooms; however, you can check for toilet availability on your VRL Travels bus on redBus while booking bus tickets.
Who is owner of SRS Travels?
K. T. Rajashekera, the current CEO of the firm. K.T.R, as he is fondly called by his close associates, is a humble, down-to-earth person and a leader by himself. K.T.R recollected the initial days of his family business.
SRS Travels has a good network of buses and it is one of the leading transport organizations in South India and has a fleet of over 350 buses; including Multi-axle Volvo, Bharat Benz Sleeper and Semi-Sleeper buses in the A/C and Non-A/C Category as well.
How many buses are in national travels?
National Travels NTS has a bus fleet of 134 bus including Multi-axel Volvos and Sleepers in both A/c and Non A/c Category. It operates in Karnataka. Some of the Important routes of National Travels NTS include Bangalore To Mumbai, Bangalore To Coimbatore, Chennai To Pune & Bangalore To Chennai.
From this humble beginning VRL has today grown into a nationally renowned logistics and transport company which is also currently the largest fleet owner of commercial vehicles in India with a fleet of 5111 Vehicles (Including 295 Passenger Transport Vehicles & 4816 Goods Transport Vehicles amongst others).
Will Mahindra logistics share price increase?
View 11 reports from 4 analysts offering long term price targets for Mahindra Logistics Ltd.. Mahindra Logistics Ltd. has an average target of 540.00. The consensus estimate represents an upside of 9.48% from the last price of 493.25.
Top 10 Best Logistics Companies in India for eCommerce Businesses [2022 Updated List]
Where is the head office of VRL logistics?
The undertakings have led to a rise in gross debt from around Rs 1 lakh crore in FY16 to 2.2 lakh crore in FY22. That's a growth of 12 per cent each year over the period. The Group managed to secure financing for the planned Navi Mumbai Airport from SBI, which has underwritten the Rs 12,770 crore loan.26-Aug-2022
Is TCS debt free?
Tata Consultancy Services Indian IT giant TCS is the largest listed company with zero debt on its books. It has a market cap of nearly ₹12 lakh crore, with over $26 billion in revenue in FY22 and net profit of over $5 billion.01-Jul-2022
Why is VRL falling?