VRL Logistics Limited (VRLLOG) - Net Assets

Latest as of March 2026: Rs11.42 Billion INR ≈ $123.55 Million USD

Based on the latest financial reports, VRL Logistics Limited (VRLLOG) has net assets worth Rs11.42 Billion INR (≈ $123.55 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs26.05 Billion ≈ $281.74 Million USD) and total liabilities (Rs14.63 Billion ≈ $158.19 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of VRL Logistics Limited to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs11.42 Billion
% of Total Assets	43.85%
Annual Growth Rate	15.98%
5-Year Change	75.32%
10-Year Change	111.08%
Growth Volatility	23.72

VRL Logistics Limited - Net Assets Trend (2010–2026)

This chart illustrates how VRL Logistics Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of VRL Logistics Limited.

Annual Net Assets for VRL Logistics Limited (2010–2026)

The table below shows the annual net assets of VRL Logistics Limited from 2010 to 2026. Also explore net asset growth rate of VRL Logistics Limited to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs11.42 Billion ≈ $123.55 Million	+5.34%
2025-03-31	Rs10.85 Billion ≈ $117.29 Million	+14.67%
2024-03-31	Rs9.46 Billion ≈ $102.28 Million	-3.08%
2023-03-31	Rs9.76 Billion ≈ $105.53 Million	+49.75%
2022-03-31	Rs6.52 Billion ≈ $70.47 Million	+9.12%
2021-03-31	Rs5.97 Billion ≈ $64.58 Million	-3.20%
2020-03-31	Rs6.17 Billion ≈ $66.71 Million	-4.50%
2019-03-31	Rs6.46 Billion ≈ $69.86 Million	+8.89%
2018-03-31	Rs5.93 Billion ≈ $64.15 Million	+9.61%
2017-03-31	Rs5.41 Billion ≈ $58.53 Million	+5.39%
2016-03-31	Rs5.14 Billion ≈ $55.54 Million	+44.18%
2015-03-31	Rs3.56 Billion ≈ $38.52 Million	+16.25%
2014-03-31	Rs3.06 Billion ≈ $33.14 Million	+5.87%
2013-03-31	Rs2.89 Billion ≈ $31.30 Million	+89.48%
2012-03-31	Rs1.53 Billion ≈ $16.52 Million	+13.45%
2011-03-31	Rs1.35 Billion ≈ $14.56 Million	+26.27%
2010-03-31	Rs1.07 Billion ≈ $11.53 Million	--

Equity Component Analysis

This analysis shows how different components contribute to VRL Logistics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 5324.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs8.06 Billion	70.57%
Common Stock	Rs1.75 Billion	15.31%
Other Comprehensive Income	Rs1.61 Billion	14.11%
Total Equity	Rs11.42 Billion	100.00%

VRL Logistics Limited Competitors by Market Cap

The table below lists competitors of VRL Logistics Limited ranked by their market capitalization.

Company	Market Cap
Beijing Dataway Horizon Co. Ltd SHE:301169	$536.89 Million
Shanghai Koal Software Co Ltd SHG:603232	$536.97 Million
GS P&L CO LTD KO:499790	$536.98 Million
Grupo Empresarial San Jose SA MC:GSJ	$537.12 Million
Zhejiang Gongdong Medical Technology Co Ltd SHG:605369	$536.25 Million
Hunan Chen Dian International Development Co Ltd SHG:600969	$536.09 Million
Jindal Worldwide Limited NSE:JINDWORLD	$536.07 Million
Zhejiang Yuejian Intelligent Equipment Co Ltd SHG:603095	$535.90 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in VRL Logistics Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 10,845,556,000 to 11,424,400,000, a change of 578,844,000 (5.3%).
Net income of 2,368,300,000 contributed positively to equity growth.
Dividend payments of 1,749,100,000 reduced retained earnings.
Share repurchases of 1,600,000 reduced equity.
Other comprehensive income decreased equity by 141,980,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs2.37 Billion	+20.73%
Dividends Paid	Rs1.75 Billion	-15.31%
Share Repurchases	Rs1.60 Million	-0.01%
Other Comprehensive Income	Rs-141.98 Million	-1.24%
Other Changes	Rs103.22 Million	+0.9%
Total Change	Rs-	5.34%

Book Value vs Market Value Analysis

This analysis compares VRL Logistics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 4.34x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 22.75x to 4.34x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-03-31	Rs12.46	Rs283.60	x
2011-03-31	Rs15.74	Rs283.60	x
2012-03-31	Rs17.86	Rs283.60	x
2013-03-31	Rs33.83	Rs283.60	x
2014-03-31	Rs38.63	Rs283.60	x
2015-03-31	Rs41.64	Rs283.60	x
2016-03-31	Rs56.51	Rs283.60	x
2017-03-31	Rs59.46	Rs283.60	x
2018-03-31	Rs65.17	Rs283.60	x
2019-03-31	Rs71.50	Rs283.60	x
2020-03-31	Rs68.28	Rs283.60	x
2021-03-31	Rs67.63	Rs283.60	x
2022-03-31	Rs73.76	Rs283.60	x
2023-03-31	Rs110.46	Rs283.60	x
2024-03-31	Rs108.08	Rs283.60	x
2025-03-31	Rs123.97	Rs283.60	x
2026-03-31	Rs65.32	Rs283.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently VRL Logistics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 20.73%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.35%
• Asset Turnover: 1.24x
• Equity Multiplier: 2.28x
Recent ROE (20.73%) is above the historical average (19.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	26.97%	4.07%	1.10x	6.03x	Rs180.92 Million
2011	37.86%	5.78%	1.21x	5.42x	Rs375.14 Million
2012	26.88%	3.66%	1.21x	6.08x	Rs257.85 Million
2013	14.11%	3.08%	1.37x	3.34x	Rs118.83 Million
2014	18.61%	3.82%	1.53x	3.19x	Rs263.73 Million
2015	25.61%	5.46%	1.75x	2.68x	Rs556.05 Million
2016	19.92%	5.94%	1.83x	1.84x	Rs509.60 Million
2017	13.02%	3.91%	2.01x	1.66x	Rs163.49 Million
2018	15.60%	4.84%	2.22x	1.45x	Rs332.42 Million
2019	14.23%	4.38%	2.15x	1.51x	Rs273.22 Million
2020	14.61%	4.28%	1.73x	1.97x	Rs284.28 Million
2021	7.55%	2.57%	1.46x	2.01x	Rs-146.47 Million
2022	24.57%	7.45%	1.56x	2.12x	Rs949.50 Million
2023	33.12%	12.30%	1.39x	1.94x	Rs2.26 Billion
2024	9.39%	3.06%	1.31x	2.34x	Rs-57.28 Million
2025	16.87%	5.74%	1.23x	2.38x	Rs744.77 Million
2026	20.73%	7.35%	1.24x	2.28x	Rs1.23 Billion

Industry Comparison

This section compares VRL Logistics Limited's net assets metrics with peer companies in the Trucking industry.

Industry Context

Industry: Trucking
Average net assets among peers: $728,137,774
Average return on equity (ROE) among peers: 0.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
VRL Logistics Limited (VRLLOG)	Rs11.42 Billion	26.97%	1.28x	$536.54 Million
North Eastern Carrying Corporation Limited (NECCLTD)	$617.01 Million	10.17%	1.48x	$20.59 Million
Orissa Bengal Carrier Limited (OBCL)	$839.26 Million	-9.33%	1.05x	$12.90 Million

About VRL Logistics Limited

NSE:VRLLOG India Trucking

Market Cap

$536.54 Million

Rs49.61 Billion INR

Market Cap Rank

#11893 Global

#591 in India

Share Price

Rs283.60

Change (1 day)

-1.63%

52-Week Range

Rs229.56 - Rs305.25

All Time High

Rs787.79