VRL Logistics Limited - environment in Hubli, Karnataka, India. FY 2026 financials & compliance.
CIN L60210KA1983PLC005247 Incorporated 31 March 1983 ROC Bangalore HQ Hubli, Karnataka, India
Active Listed - NSE: VRLLOG · BSE: 539118 Public Limited Company environment
Data last updated
Market Cap
₹4,983 Cr
VRLLOG · NSE
Share Price
₹266.55
-6.42% today
Revenue
₹3,221 Cr
FY 2025-26 · +1.9% YoY
EBITDA
₹652 Cr
Margin 20.2%
Net Profit
₹242 Cr
FY 2025-26 · +39.9% YoY
P/E (TTM)
18.8x
P/B 4.4x
ROE
21.3%
ROCE 17.4%
Debt / Equity
1.07
Interest cover 24.7x

About VRL Logistics Limited

Data last updated:

VRL Logistics Limited is a public limited company based in Hubli, Karnataka, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 31 March 1983 and has been in existence for over 43 years.

Its director Vijay Sankeshwar and family are #709 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L60210KA1983PLC005247. Its GSTIN is 29AABCV3609C1ZJ (Karnataka). The company holds 30 GST registrations, of which 25 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539118 and NSE: VRLLOG.

The company has an authorised share capital of ₹237 Cr and a paid-up capital of ₹174.94 Cr. It was formerly known as Vijayanand Roadlines Private Limited and Vijayanand Roadlines Limited. It is led by directors including Anand Vijay Sankeshwar (Managing Director) and Vijay Basavanneppa Sankeshwar (Managing Director).

Its last annual general meeting (AGM) was held on 04 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rs No.351/1 Varur Post Chabbi Taluk Hubli Dist. Dharwad, Karnataka, India – 581207.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹3,221.11 Cr, a growth of 1.9% compared to the previous year. For the same year it recorded a net profit of ₹241.7 Cr (net margin 7.5%) and EBITDA of ₹651.86 Cr (EBITDA margin 20.2%). The net worth stands at ₹1,142.44 Cr (up 5.3% YoY). Total assets are valued at ₹2,382.33 Cr (up 0.4% YoY).

The company has about 20,768 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: VRL Logistics and VRL. As per MCA filings, the company has open charges of ₹950.45 Cr and satisfied charges of ₹1,700.84 Cr on record. Court records list 3,298 cases involving the company, including 559 filed by the company and 2,740 filed against it; 455 cases are pending. The company has 16 deals on record (10 market trades, 2 acquisitions, 1 buyback), with disclosed funding of ₹162.58 Cr; the latest was in September 2023. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrllogistics.com.

Company details

CIN L60210KA1983PLC005247
Registration Number 005247
Incorporation Date 31 March 1983
ROC Bangalore
Listing Status Listed - Listed on NSE (VRLLOG); Listed on BSE (539118)
Company Status Active
Date of Last AGM 04 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

VRL Logistics has undergone 2 name changes throughout its history. The company was previously known as Vijayanand Roadlines Private Limited, and Vijayanand Roadlines Limited. The current legal name is Vrl Logistics Limited.

Company NameStatus
VRL Logistics LimitedCurrent
Vijayanand Roadlines Private LimitedPrevious
Vijayanand Roadlines LimitedPrevious

CIN history

VRL Logistics has one previous CIN (Corporate Identification Number): U60210KA1983PLC005247. The current CIN is L60210KA1983PLC005247, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L60210KA1983PLC005247Current
U60210KA1983PLC005247Previous

Recognitions & Rankings of VRL Logistics

Contact details

VRL Logistics Limited's registered office is in Hubli, Karnataka. Its website is vrllogistics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Rs No.351/1 Varur Post Chabbi Taluk Hubli Dist. Dharwad, Karnataka, India – 581207
  • Industry
    Environment, Wind Energy Solutions

To see the full contact details of VRL Logistics Limited, buy the company report.

Comprehensive company report
VRL Logistics Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

VRL Logistics operates two associated brands: VRL Logistics and VRL. Each brand links to its own profile.

BrandDescriptionWebsite
Truck transportation and logistics services are provided in India.vrlgroup.in
Bus booking and passenger transport services with discounts.vrlbus.in

Business activity

The main business activity of VRL Logistics is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of VRL Logistics Limited, buy the company report.

Financials of VRL Logistics Limited

FY 2025-26 filings available

VRL Logistics Limited reported revenue of ₹3,221.11 Cr (up 1.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹3,221 Cr
+1.9% YoY
EBITDA
₹652 Cr
+13.4% YoY
Profit After Tax
₹242 Cr
+39.8% YoY
Net Worth
₹1,142 Cr
+5.3% YoY
Total Assets
₹2,382 Cr
+0.4% YoY
Total Debt
₹1,154 Cr
-6.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,2213,1612,8892,6492,3941,7632,119
Revenue growth+1.9%+9.4%+9.1%+10.7%+35.8%-16.8%-
EBITDA652575394404406248299
EBITDA margin+20.2%+18.2%+13.7%+15.2%+16.9%+14.1%+14.1%
Profit before tax31825012136021063.72104
Net profit24217386.4832315744.5593.16
Net profit margin+7.5%+5.5%+3.0%+12.2%+6.6%+2.5%+4.4%
EPS (₹)13.5420.9110.1636.5818.125.109.97
Balance sheet
Total assets2,3822,3722,0291,7371,2341,0551,106
Net worth1,1421,085946976652597617
Total debt1,1541,2281,036720537422454
Cash & bank15.6253.2318.9575.2414.4918.9613.41
Net working capital64.1511091.1115563.0377.09107
Cash flow
Cash from operations654555424318371272257
Cash from investing(294)(430)(243)(144)(180)(31.51)(119)
Cash from financing(398)(90.15)(174)(171)(195)(234)(138)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue879853827797744809825799
Revenue growth (YoY)+18.1%+5.4%+0.2%-0.3%+2.4%---
Other income5.986.383.836.976.492.525.682.50
Total expenses692675657646593622659666
EBITDA187177170151152187166133
EBITDA margin+21.2%+20.8%+20.6%+19.0%+20.4%+23.1%+20.2%+16.6%
Depreciation62.3563.5268.0964.7664.6663.7664.5663.80
Interest22.6922.6721.8624.2426.2125.7624.0722.43
Profit before tax10897.6883.8469.1267.2399.6183.4649.30
Tax26.9925.5419.1019.2317.1925.3424.0413.48

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue879853827797744809825799
Revenue growth (YoY)+18.1%+5.4%+0.2%-0.3%+2.4%---
Other income5.986.383.836.976.492.525.682.50
Total expenses692675657646593622659666
EBITDA187177170151152187166133
EBITDA margin+21.2%+20.8%+20.6%+19.0%+20.4%+23.1%+20.2%+16.6%
Depreciation62.3563.5268.0964.7664.6663.7664.5663.80
Interest22.6922.6721.8624.2426.2125.7624.0722.43
Profit before tax10897.6883.8469.1267.2399.6183.4649.30
Tax26.9925.5419.1019.2317.1925.3424.0413.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,2213,1612,8892,6492,3941,7632,119
Revenue growth+1.9%+9.4%+9.1%+10.7%+35.8%-16.8%-
Other income23.6724.2221.5817116.8112.8610.32
Total expenses2,5692,5862,4942,2451,9881,5151,820
Employee cost587545485415372315381
EBITDA652575394404406248299
EBITDA margin+20.2%+18.2%+13.7%+15.2%+16.9%+14.1%+14.1%
Depreciation261254216159168160168
Interest96.6295.7078.8956.2344.5237.4037.32
Profit before tax31825012136021063.72104
Tax81.0567.0331.9336.3849.7818.6714.20
Net profit24217386.4832315744.5593.16
Net profit margin+7.5%+5.5%+3.0%+12.2%+6.6%+2.5%+4.4%
EPS (₹)13.5420.9110.1636.5818.125.109.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital17587.4787.4788.3488.3488.3490.34
Reserves & surplus968997858888563509527
Shareholders' funds (net worth)1,1421,085946976652597617
Secured loans456449279179143120189
Unsecured loans698779757541393302265
Total debt1,1541,2281,036720537422454
Total liabilities2,3822,3722,0291,7371,2341,0551,106
Assets
Gross block3,4953,2552,7212,1601,8421,5851,511
Net block2,3052,2431,9011,4821,098954990
Capital work in progress22.5015.0823.5638.3734.986.084.39
Investments0.060.060.0515.070.050.050.06
Inventories43.7542.9041.1952.7945.8639.5129.27
Sundry debtors85.5892.8788.4981.6967.2663.9485.63
Cash & bank balances15.6253.2318.9575.2414.4918.9613.41
Loans & advances58.9556.7760.1754.1243.4854.3153.24
Total current assets204246209264171177182
Total current liabilities14013611810910899.6374.71
Net working capital64.1511091.1115563.0377.09107
Total assets2,3822,3722,0291,7371,2341,0551,106
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash53.1218.2611.518.5418.6712.9112.60
Net cash from operating activities654555424318371272257
Net cash from investing activities(294)(430)(243)(144)(180)(31.51)(119)
Net cash from financing activities(398)(90.15)(174)(171)(195)(234)(138)
Net change in cash(37.64)34.866.752.97(4.68)5.760.31
Closing cash15.6253.2318.9575.2414.4918.9613.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.9%+9.4%+9.1%+10.7%+35.8%-16.8%-
EBITDA growth+13.4%+45.9%-2.3%-0.5%+63.5%-17.0%-
PBT growth+27.2%+107.0%-66.4%+71.3%+229.4%-38.9%-25.7%
Net income growth+39.9%+99.9%-73.2%+105.8%+252.4%-52.2%-
Revenue CAGR (3Y)+6.7%+9.7%+17.9%+7.7%+4.3%-2.8%+5.5%
EBITDA CAGR (3Y)+17.3%+12.3%+16.7%+10.5%+18.4%+1.8%+11.0%
Profitability & leverage
Net income margin+7.4%+5.8%+3.1%+12.2%+6.7%+2.6%+4.3%
Return on capital employed+17.4%+15.7%+10.6%+17.4%+22.2%+9.4%+14.7%
Return on net worth+21.3%+18.0%+9.3%+39.7%+25.6%+7.4%+14.3%
Debt / equity1.071.120.910.770.770.720.47
Long-term debt / equity0.830.860.670.550.510.440.30
Interest cover24.7229.7744.3023.0118.7442.3728.42
Efficiency & per share
Fixed asset turnover0.951.061.181.321.401.141.63
Inventory turnover74.3575.1861.4753.7056.0851.2671.73
Debtors turnover36.1034.8633.9535.5636.4923.5725.65
EPS (₹)13.5420.9110.1636.5818.125.109.97
Dividend per share (₹)5.0015.000.005.008.004.007.00
Book value per share (₹)65.30123.99108.13110.4673.7667.5968.28

To see the full year-wise statements and ratios of VRL Logistics Limited, buy the company report.

Board of directors of VRL Logistics Limited

VRL Logistics has 11 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand Vijay SankeshwarManaging Director19 Jun 200719 Years 4 MonthsCurrent
Raghottam Hanumantacharya AkamanchiDirector19 Feb 201511 Years 8 MonthsCurrent
Vijay Basavanneppa SankeshwarManaging Director15 Jun 200521 Years 4 MonthsCurrent
Ramanand Laxminarayan BhatWhole-Time Director04 Aug 20179 Years 2 MonthsCurrent
Devarayadurg Venkateshmurthy GuruprasadDirector19 Feb 20251 Years 8 MonthsCurrent
Shankar Vasantrao PingeDirector19 Feb 20251 Years 8 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Auditor

VRL Logistics Limited is audited by KALYANIWALLA & MISTRY LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
KALYANIWALLA & MISTRY LLPFY 2025104607W / W100166

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 60.20%, foreign institutional investors hold 2.70%, domestic institutional investors hold 24.90% and retail and other public shareholders hold 12.20%.

Promoters: 60.20%DII (Domestic Institutional): 24.90%FII (Foreign Institutional): 2.70%Retail & Others: 12.20%
Sep 2026
QUARTER
60.20% Promoters
24.90% DII (Domestic Institutional)
2.70% FII (Foreign Institutional)
12.20% Retail & Others
Promoter holding - history
Now 60.20% · Sep 2026High 60.20% · Dec 2025Low 60.20% · Dec 2025
59%59.8%60.5%61.3%62%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 60.20%Mar 2026: 60.20%Jun 2026: 60.20%Sep 2026: 60.20%60.20%60.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters60.20%60.20%60.20%60.20%
Public39.80%39.80%39.80%39.80%

Charges & borrowings

Open charges
₹950.45 Cr
Satisfied charges
₹1,700.84 Cr
Breakdown by lending institutions
Others₹514.46 Cr
Hdfc Bank Limited₹265.09 Cr
Axis Bank Limited₹165.40 Cr
State Bank of India₹2.54 Cr
Ge Capital Transportation Financial Services Ltd₹2.20 Cr
Others₹0.78 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Sep 2026101405699Hdfc Bank Limited₹1.33 CrOpen
19 Sep 2026101405678Hdfc Bank Limited₹2.92 CrOpen
10 Sep 2026101400115Hdfc Bank Limited₹3.4 LakhOpen
09 Sep 2026101398619Hdfc Bank Limited₹2.35 CrOpen
02 Sep 2026101393539Hdfc Bank Limited₹3.71 CrOpen

To see the full charge records of VRL Logistics Limited, buy the company report.

Total charge records: 500 View all charges

Deals & funding

VRL Logistics Limited has 16 deals on record (10 market trades, 2 acquisitions, 1 buyback), with disclosed funding of ₹162.58 Cr; the latest was in September 2023.

Total deals
16
Market trades
10
Acquisitions
2
Buyback
1
Secondary share transfer
1
Disclosed funding
₹162.58 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Dec 2022Market trade₹273.15 CrBuyer: Axis Max Life Insurance Limited , Icici Prudential Mutual Fund, Quant Mutual Fund
Seller: an individual
Sep 2022Acquisition₹230 CrBuyer: Vijayanand Travels Private Limited
Seller: VRL Logistics Limited
Jun 2021Market trade₹15.55 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Apr 2015Market trade₹160.92 CrBuyer: Goldman Sachs Public Market Fund, GRD Securities Limited
Seller: GRD Securities Limited
Apr 2015Market trade₹175.01 CrBuyer: Goldman Sachs Public Market Fund, Hdfc Mutual Fund- Hdfc Prudence Fund, Ashoka Pte Limited
Seller: GRD Securities Limited , Marwadi Shares and Finance Limited

To see the full deal history of VRL Logistics Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

VRL Logistics Limited was last rated by Icra on 05 Jul 2020.

Rating agencyRated onRating
Icra05 Jul 2020

To see the full credit ratings and regulatory alerts of VRL Logistics Limited, buy the company report.

MSME payment delays

VRL Logistics Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Bangalore Safety Glassworks Private Limited
Goodshine Safety Glass Private Limited

To see the full MSME payment records of VRL Logistics Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

VRL Logistics Limited has a workforce of 20,768 employees on its EPFO records as of Jan 20, 2026, across 1 active EPFO establishment.

Employee count
20,768
Active EPFO establishments
1
Employee growth
-5.63%

GST

VRL Logistics has 30 GST registrations: 25 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
30
Active
25
Cancelled / inactive
5
GSTINStateStatusRegistered on
29AABCV3609C1ZJKarnatakaActive01 Jul 2017
36AABCV3609C1ZOTelanganaActive28 Jun 2017
02AABCV3609C1ZZHimachal PradeshActive01 Jul 2017
03AABCV3609C1ZXPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of VRL Logistics Limited, buy the company report.

Recent activity

VRL Logistics Limited has 46 board changes on record since 2005: 29 appointments and 17 cessations. The latest: Anand Krishnarao Pandurangi ceased to be Director on 19 Feb 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.33 Cr with Charge ID 101405699 was registered on 21 Sep 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.92 Cr with Charge ID 101405678 was registered on 19 Sep 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.03 Cr with Charge ID 101400115 was registered on 10 Sep 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.35 Cr with Charge ID 101398619 was registered on 09 Sep 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.71 Cr with Charge ID 101393539 was registered on 02 Sep 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.83 Cr with Charge ID 101391424 was registered on 31 Aug 2026.
Charges
A charge with Others amounted to Rs. 99.00 Cr with Charge ID 101376839 was registered on 25 Aug 2026.
Charges
A charge registered on 26 Aug 2021 via Charge ID 100482230 with Others was fully satisfied on 24 Aug 2026.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101365568 was registered on 14 Aug 2026.
AGM
Vrl Logistics Limited last Annual general meeting of members was held on 04 Aug 2026 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 11.82 Cr with Charge ID 101352842 was registered on 30 Jul 2026.
Charges
A charge registered on 30 Jul 2021 via Charge ID 100467497 with Hdfc Bank Limited was fully satisfied on 23 Jul 2026.

1001 earlier events are in the company report.

Frequently asked questions

VRL Logistics is an active public limited company based in Hubli, Karnataka, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 31 March 1983 (43+ years old) and is registered under CIN L60210KA1983PLC005247. Listed on BSE: 539118 and NSE: VRLLOG.

VRL Logistics reported revenue of ₹3,221.11 Cr for FY 2025-26 (up 1.9% YoY) based on standalone financials.

The latest financial statements of VRL Logistics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of VRL Logistics is 29AABCV3609C1ZJ, registered in Karnataka. The company has 30 GST registrations in all, of which 25 are active and 5 are cancelled or inactive. Other active GSTINs include 36AABCV3609C1ZO (Telangana), 02AABCV3609C1ZZ (Himachal Pradesh), 03AABCV3609C1ZX (Punjab).

The CIN (Corporate Identification Number) of VRL Logistics is L60210KA1983PLC005247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. VRL Logistics is a listed company as per MCA records. Its shares are listed on both BSE (code: 539118) and NSE (symbol: VRLLOG).

VRL Logistics has 3,298 court cases on record: 559 filed by the company and 2,740 filed against it. 455 are pending. Most are in the district courts.

VRL Logistics was incorporated on 31 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.

VRL Logistics has 16 deals on record (10 market trades, 2 acquisitions, 1 buyback), with disclosed funding of ₹162.58 Cr; the latest was in September 2023.

Anand Krishnarao Pandurangi ceased to be Director on 19 Feb 2025. Devarayadurg Venkateshmurthy Guruprasad was appointed as Director on 19 Feb 2025. Shankar Vasantrao Pinge was appointed as Director on 19 Feb 2025. VRL Logistics has 46 board changes on record in total.