Branch expansion and formalization of the sector to drive volume growth

Company
18 Dec 2023
5 Min read 
  • VRL Logistics is expected to experience volume growth through branch expansion and formalization of the logistics sector.
  •  The company is adding new branches and trucks to increase its tonnage handling capacity.
  •  VRL Logistics has a strong network and diversified customer base in the less-than-truckload (LTL) segment.
  •  The company has in-house fleet maintenance and scrapyard facilities, which help control costs.
  •  VRL Logistics is well-positioned to benefit from the shift towards organized operators in the logistics industry.
  •  The company is projected to have a revenue and EBITDA CAGR of 16% and 18% respectively over FY23-26.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority