VRL Logistics Limited has informed the Exchange about Investor Presentation
Regd. & Admn. Office : Bengaluru Road Varur HUBBALLI - 581 207 Karnataka State Phone : 63661 19394 : 0836 2237614 Fax e-mail : varu rho@vrllog istics.com
To,
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400 001 Scrip Code: 539u8
Dear Sir/ Madam,
Natlonal Stock Exchange of lndia Limited Exchange Plaza, Plot No.C/l, G-Bloclg Bandra - lturla Complex, Bandra (E), Mumbai - 400 051 Scrip Code: VRLLOG
Sub: Submission of Earnings Presentation
With respect to above captioned subject and in accordance with the extant provisions of the SEBI (Listing obligations and Disclosure Requirements) Regulations 2015 and other applicable laws for time being in force, we enclose herewith the Earnings Presentation of the company which would also be hosted on the website of our Company.
We request you to kindly take note of the same
Thanking you,
Yours fa
For VRL
CS I.IMITED
*
Gls
1Rt (
P*
ANIRUDDHA PHADNAVIS COMPANY SECRETARY AND COMPTIANCE OFIICER
Date:27,05.2022 Place: Hubballi
Corporate Office: Giriraj Annexe Circuit House Road HUBBALLI - 580 029 Karnataka Phone: 0836 2237511 Fax : 0836 2256612 e-mail : headoffice@vrllog istics.com Customer Care : HUBBALLI .O 0836 - 2307800 e-mail : Gustomercare@vrltogistics.com Website : www.vrllogistics.com CIN : L60210KA l 983P1C005247 GSTIN (KAR): 29AABCV3609Cl ZJ
EARNINGS PRESENTATION
VRL Financial Results - FY 2021-22
May 27, 2022
1
• 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 materially from those expressed or implied herein.
• The information contained in this presentation has not been independently verified and no representation or warranty expressed or implied is made, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained herein.
• This presentation may contain certain forward looking statements within the meaning of applicable securities law and regulations. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. Such forward-looking statements are not a guarantee of future performance and actual results may differ from those in such forward-looking statements as a result of various factors and assumptions which the Company presently believes to be reasonable. Many factors could cause the actual results, to be materially different and significant factors that could make a difference to the Company‟s operations include domestic and international economic conditions, changes in government regulations, tax regime, etc
• None of VRL Logistics Ltd. or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document.
• This document does not constitute an offer or invitation to purchase or subscribe for any shares and neither it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.
2
Only “Owned Asset” organised player in Less than Truck load logistics business in India
Pan-India surface logistics services provider with an established brand having one of the largest distribution networks in India
Integrated hub-and-spoke operating model ensuring efficient consignment distribution
Dedicated in-house maintenance facilities, inventory of spare parts and own fuel stations
In-house software & technology capabilities
Diversified customer base with varied commodity mix
Track record of growth and robust financial position
Ability to recruit and retain experienced and qualified Staff
3
India – 73% Goods transported by road
Long Term Sustainability
Key Differentiators
VRL
Only “Owned Asset” organised player in LTL business in India
Operating model
VRL owns 4816 GT vehicles
Distribution Network
Vehicles Specially Designed by
OEM`s / in-house
Integrated hub-and-spoke operating model ensuring
efficient consignment distribution
Operational flexibility with largest fleet and minimal outsourcing of Vehicles
Robust pan India network across 23 states, 4 union
territories, having 956 branches, including 48 massive transhipment hub facilities. Wide spread helps in greater stability during regional disturbances
Ensures Higher Payload and better services
Owned Vehicle operations, Maintenance & Driver
Management
Entry Barrier
4
More than 50% vehicles Fully Depreciated
More than 90% vehicles Debt Free
Financial performance & position
EBITDA Margins
Cash Profits/Cash EPS
Minimal Outsourcing of transport
Bulk procurement policy
Addition of Electric vehicles
Key Differentiators
Lower Costs
No Associated finance costs
Track record of growth and robust financial position
@19.71% (Q4FY22) – amongst the best in the industry
High cash profit margins & Cash EPS
No Additional Margin to be Paid to Outside Vehicle Service Provider
Economies of scale leading to better negotiations
Moving toward new age vehicles, 19 EV added in FY22
5
Most efficient collection mechanism
Insignificant bad debt on a turnover of ~ 2400+ crores
• • Hardly any collectible more than 90 days.
Procurement of diesel directly from Refineries by establishing own fuel pumps in key locations to optimize the fuel cost which
is major portion of our operating costs.
Wide range of Customers
• Not dependent on any single customer or any single product. Regional disturbances have a minimal effect
Own workshop, Own fittings, Own Body Building, Own Design , Own Vehicles
•
Lowest cost Operator, Higher Payloads, Enhanced service quality, Lower maintenance costs
Double digit business volume growth.
Much lower Debt Level – INR 129.90 Crs.
•
Least cash burnout for servicing and repayment
Consistent margin growth in core GT segment, driven by freight volume and better realization
PROACTIVELY preparing for Scrapping policy with aggressive capex plan.
•
VRL has 1265 vehicles > 15 years, as of March 31, 2022 with a total capacity of 12938 tons, whereas VRL added 13355 tons capacity from 2019 onwards. Further 1600 higher capacity vehicles (~13000 tons) being added.
6
Financial Performance Update - Q4 & FY 2021-22
7
1) The above Statement of Audited Financial Results ("Financial Results") for the quarter and year ended 31 March 2022, are prepared and published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended. These financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 27 May 2022. These Financial Results have been subject to an audit by the statutory auditors of the Company who have expressed an unmodified opinion thereon. These financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, ("the Act") read with the relevant Rules thereunder and other accounting principles generally accepted in India.
2) The figures for the quarters ended March 31 as reported in these Financial Results are the balancing figures between audited figures in respect of the full financial years ended March 31 and the published year to date figures up to the end of the third quarter of the relevant financial year.
3) The Segment Information and Statement of Cash Flows for the year ended 31 March 2022 and the Balance Sheet as at
that date, forms an integral part of the Financial Results.
4) The Company has entered into a Memorandum of Understanding for the sale of its Wind Power Undertaking as a going
concern on a Slump sale basis for an aggregate consideration of Rs.4,800 lakhs.
5) The Audited Statement of Cash Flows has been prepared under the indirect method as set out in Ind AS 7 - Statement of
Cash Flows.
6) Previous period figures have been regrouped / restated wherever considered necessary to conform to the current period
classification.
8
Revenue at 67174.92 lakhs
Revenue at 241046.54 lakhs
EBITDA Margins at 19.71%
EBITDA Margins at 17.46%
EBIT Margins at 12.82%
PBT Margins at 11.03%
PAT Margins at 8.36%
EBIT Margins at 10.5%
PBT Margins at 8.71%
PAT Margins at 6.64%
Consolidated (INR in Lakhs)
Q4 FY22 (Audited)
Q3 FY22 (Unaudited)
Q4 FY21 (Audited)
FY22 (Audited)
FY21 (Audited)
TOTAL REVENUE
EBITDA
EBITDA MARGINS(%)
EBIT
EBIT MARGINS(%)
PBT
PBT MARGINS(%)
PAT (exclusive of other comprehensive income)
PAT MARGINS(%)
67174.92
68329.76
60302.13
241046.54
177578.73
13240.97
13394.56
9850.82
42098.16
26035.04
19.71%
8609.49
12.82%
7409.02
11.03%
19.60%
8951.14
13.10%
7773.58
11.38%
16.34%
17.46%
14.66%
6046.86
25298.40
10056.03
10.03%
10.50%
5131.16
20989.22
8.51%
8.71%
5.66%
6374.07
3.59%
5618.84
6048.80
3716.44
16011.26
4506.79
8.36%
8.85%
6.16%
6.64%
2.54%
9
Total Revenue (INR Lakhs) & Growth rate (%)
6.85%
9.34%
0.5%
(17)%
36%
193655
211747
212886
177579
241047
Total Revenue
Growth (%)
FY18
FY19
FY20
FY21
FY22
EBITDA (INR Lakhs) & EBITDA margin (%)
12.8%
11.9%
14.50%
14.66%
24846
25192
30859
26035
17.46%
42099
FY18
FY19
FY20
FY21
FY22
10
11
Segment
Goods transport
Bus Operations
Wind Power
Transport of Passengers by Air
Others
TOTAL
Goods Transport
Geographical Spread 956 Locations
Fleet Size 4816 Trucks
Operating Model Asset owned, Hub and Spoke model
Fleet Capacity 71056 Tons
Technology: GPS Tracking, SMS Alerts, Consignment Tracking, Schedule alerts, Predictive analysis
FY22 Revenue (in Lakhs)
213738.24
20483.75
2525.69
1113.38
3185.48
241046.54
Bus Operations Geographical Spread 7 States, 34 Branches & 20 agencies
Fleet Size 295 Buses
Operating Model Tier1 and Tier 2 cities
Passengers travelled 1898789 passengers (FY22)
Technology: GPS Tracking, SMS Alerts, Anti Collison devices, Sleep Alerts for drivers, Online Booking
Business Segment Breakup
Bus Operations 9%
Goods Transport 89%
Note: Percentage to Total Revenue
Others 1%
Wind power 1%
.Transport of Passenger by Air 0.5%
Wind Power
Site Location Karnataka State
Number of Turbines 32 W TGs
Installed Capacity 40 MW
Technology O & M by Suzlon
Transport of Passengers by Air
Permit Non-Scheduled Operator
Number of Aircraft:1
Seating Capacity 6 Passengers
Make Hawker Beechcraft
12
Contributed ~89% of business in FY22
Less than Truckload (LTL), Full Truckload (FTL) & Courier services
Strong B2B focus across a broad range of industries and a diversified customer base.
Hub & Spoke Model w ith Pan - India geographical presence
Differentiated services offering
Wide range of customized Vehicles
Advanced technology systems
Leadership in the LTL Surface Logistics space
13
Goods Transport Revenue breakup
Less than truckload 89%
Full truck load 10%
Courier & others 1%
Focus on high margin LTL business • LTL involves transportation of consignments belonging to multiple customers in single vehicle. • Our wider reach and adequate infrastructure helps in aggregating less than truckload
consignments from various clients and sending them to the desired destinations
Pan-India Hub and Spoke model of distribution: • Significant flexibility to transport a broad range of parcel sizes for both regional and national customers and also positioning as single stop service provider for multiple destinations.
Asset Owned Business Model • Total of 4816 vehicles as on 31st March 2022, with a carrying capacity of 71056 tons. • 41 owned properties, including branches, offices and transhipment hubs.
B2B Focus - Diversified sectors and customers • The primary focus is on B2B customers with the top ten customers contributing only 3% of total Goods transport business revenue.
Note: Percentage to Total Goods Transport Revenue
4816 vehicles
4394 (91.24%) debt free vehicles
2426 (50.37%) vehicles fully depreciated and operating in Optimal working condition
Automotive parts
14
Hub-and-Spoke model to aggregate small parcels and maximize capacity utilization of its vehicles
Percentagewise New Branches added in FY-2021-22
South 38%
North 18%
East 26%
West 18%
Focus on increasing presence in the North and Eastern Zones leads to 44% new branches addition in the North & Eastern Zones in FY2021-22
Market Leader in LTL segment
Operations : 23 States, 5 Union Territories.
761 Branches
147 Agencies
48 Strategically placed Hubs
Efficient operations with largest fleet and a robust pan India network in 956 locations
15
Goods Transport INR in lakhs
Q4 FY2021-22 (Audited)
Q3 FY2021-22 (Unaudited)
Q4 FY2020-21 (Audited)
FY2021-22 (Audited)
FY2020-21 (Audited)
Revenue
EBITDA (After IndAS)
EBITDA Margin
58762.39
59611.71
53577.39
213738.24
159275.00
12182.12
12797.87
10356.74
40263.30
26641.04
20.73%
21.47%
19.33%
18.84%
16.73%
FY2021-22 records revenue @ 2137 crores , up by 34% YOY
FY2021-22 EBITDA @ 403 crores and Margins @ 18.84%, amongst the best in the industry
Increase in volume and better realisations leads to higher EBITDA margins
Geographical Expansion
Business shift from unorganized to organized fleet operators due to GST, E-way Bill & E-invoicing reforms
Operational Efficiencies
Increased contribution from newer commodities.
Revenue
EBITDA
42339
43202
45264
41664
40771
6854
6435
6633
5441
14824
-2471
8442
10315
10357
38483
4306
56882
10979
12798
12182
50101
53577
59612
58762
Q1FY20
Q2FY20
Q3FY20
Q4FY20
Q1FY21
Q2FY21
Q3FY21
Q4FY21
Q1FY22
Q2FY22
Q3FY22
Q4 FY22
INR in Lakhs
16
Goods transport Revenue (INR Lakhs) & Growth (%)
6.39%
11.13%
2.25%
(7.61%)
151722
168602
172393
159275
34.19%
213738
FY 18
FY 19
FY 20
FY 21
FY 22
Goods transport EBITDA (INR Lakhs) & EBITDA margin (%)
12.3%
12.2%
13.3%
16.73%
18.84%
40263
18645
20521
22930
26641
FY 18
FY 19
FY 20
FY 21
FY 22
17 17
Contributes ~9%* of total revenue
Lower contribution owing to the pandemic
*
Total Fleet Size 295 buses
295 buses Debt free
Booking of tickets is facilitated by a wide network of agents, leading web based travel agents and online booking facility on website & mobile
Best hygienic standards maintained
Services in the state of Karnataka Andhra Pradesh, Telengana, Goa, Gujarat, Maharashtra
In-Cabin CCTV for passenger and luggage safety
SMS alerts and dedicated 24/7 customer care facility
Innovative safety measures including usage of Anti collision and Anti sleep devices to aid drivers
18
(INR in lakhs)
Bus Operations
Particulars
Revenue
EBITDA
EBITDA Margin(%)
Quarter ended
Year ended
31.03.2022 (Audited)
31.12.2021 (Unaudited)
31.03.2021 (Audited)
31.03.2022 (Audited)
31.03.2021 (Audited)
6216.87
391.99
6.31%
7483.40
1107.73
5614.43
20483.75
13033.56
(391.36)
1135.19
(591.58)
14.80%
(6.97%)
5.54%
(4.54%)
10396
9466
7451
7058
2096
1734
0 2 Y F 1 Q
503
0 2 Y F 2 Q
0 2 Y F 3 Q
696
529
0 2 Y F 4 Q
-573
1 2 Y F 1 Q
1678
-89
1 2 Y F 2 Q
Revenue
EBITDA
5212
473
1 2 Y F 3 Q
5614
5027
1757
-391
1 2 Y F 4 Q
-383
2 2 Y F 1 Q
33
2 2 Y F 2 Q
7483
1108
2 2 Y F 3 Q
6217
392
2 2 Y F 4 Q
19
(INR in lakhs)
Sale of Power
Particulars
Revenue
EBITDA - After Ind As 116
EBITDA Margin(%)
EBIT- After Ind AS 116
EBIT Margin(%)
Quarter ended
Year ended
31.03.2022 (Audited)
31.12.2021 (Unaudited)
31.03.2021 (Audited)
31.03.2022 (Audited)
31.03.2021 (Audited)
903.43
706.61
78.21%
440.84
48.80%
210.07
41.33
19.67%
(230.38)
209.14
50.96
24.37%
(225.00)
(109.67%)
(107.58%)
2525.69
1826.77
72.33%
748.83
29.65%
1757.44
1159.03
65.95%
80.83
4.60%
(INR in lakhs)
Transport of Passengers by Air
Particulars
Revenue
EBITDA - After Ind As 116
EBITDA Margin(%)
EBIT- After Ind AS 116
EBIT Margin(%)
Quarter ended
Year ended
31.03.2022 (Audited)
31.12.2021 (Unaudited)
31.03.2021 (Audited)
31.03.2022 (Audited)
31.03.2021 (Audited)
228.81
82.79
36.18%
30.97
162.96
(159.86)
(98.10%)
(203.26)
294.01
(5.26)
(1.79%)
(41.25)
13.54%
(124.73%)
(14.03%)
1113.38
(20.46)
(1.84%)
(224.84)
(20.19%)
1182.37
(270.68)
(22.89%)
(453.20)
(38.33%)
20
Own Vehicle Numbers
As of
Upto 2.5 tons (a)
2.5 tons to 7.5 tons
7.5 tons and above
Car Carrier (1)
Available Capacity (tons)
Tanker (2) Cranes (3)
Total Vehicles Owned
BUSES
TOTAL FLEET
31-Mar-18
31-Mar-19
31-Mar-20
31-Mar-21
31-Mar-22
150
257
312
311
358
960
1009
981
942
933
2765
3004
3428
3289
3489
102
102
0
0
0
52954
64776
70012
68107
71056
17
13
20
20
22
13
13
13
13
14
4007
4398
4754
4575
4816
396
381
337
291
295
4403
4779
5091
4866
5111
Note: (a) – this category consists of electric vehicles. (1) Used for transportation of automobiles, converted to HGV‟s from 2020. (2) Used for transportation of liquid (3) Cranes are predominantly used for internal operations.
Capacity Breakup as on Mar 31, 2022
No of Vehicles
Capacity (tons)
27012
15168
14991
1167
607
887
6077
6209
565
1517
658
534
12
432
<5 tons
5 - 10 tons
10 - 15 tons
15 - 20 tons
20 - 25 tons
25 - 30 tons
>30 tons
% of total capacity
1.64%
8.55%
8.74%
38.01%
21.35%
21.10%
0.61%
21
Goods transportation fleet
Significance of own vehicles
4816 owned vehicles as on
March 31, 2022
4394 (91.24%) debt free vehicles
Wide range of vehicles with carrying capacity from 1 ton to 36 tons
2426 (50.37%) of
vehicles are fully
depreciated and
operating in optimal
condition
Bus Operations fleet
295 owned vehicles as on March 31, 2022
295 (100%) vehicles are debt free
Enables us to significantly control operational
costs
Higher payload per vehicle for LTL
consignments
Enables us to cover a large number of
routes and reduce dependence on third party
hired vehicles
Enables better control and time bound
delivery, thereby enhancing service quality
Bus Operations: Owned vehicles enable us
to provide safe and on time travel experience
Total of 5111 owned vehicles provides greater advantage in terms of pricing and service
22
Net Debt to Equity
Gearing Ratio
6278
12880
17706
10144
12990
0.1
0.2
0.3
0.2
0.2
16.62%
22.30%
14.52% 16.63%
9.57%
FY18
FY19
FY20
FY21
FY22
FY18
FY19
FY20
FY21
FY22
Net debt/Equity(x)
Net debt position (Lakhs)
Note : Debt for the above purpose includes non-current borrowings, current borrowings and current maturities of non current borrowings and Interest accrued but not due on borrowings.
Return metrics
Leverage metrics
21.7
23.2
Return (Profit for the year+Finance costs) on Average capital employed Return(Profit for the year) on average equity
8.4
7.1
9.8
Net debt/Ebitda(x)
15%
16%
15%
14%
16%
14%
11%
7%
27%
26%
0.3
0.5
0.6
0.4
0.3
FY 18
FY 19
FY 20
FY 21
FY 22
Ebitda/finance cost(x)
FY 18
FY 19
FY 20
FY 21
FY 22
23
Trade Receiavable days
15
15
14
14
13
10
• Trade receivables at 10 days of total revenue in FY22
16
• High-quality and diversified customer base
• Efficient collection process
• Conservative credit policy
• Rotation of working capital
FY16
FY17
FY18
FY19
FY20
FY21
FY22
24
Net Cash generated from operations (Lakhs)
25728
FY20
27162
37076
FY21
FY22
Cash Flow increases 36 % YoY from 27162 lakhs to 37076 lakhs
CASH EPS: Net Cash generated from operations / Number of shares
28.48
30.75
41.97
FY20
FY21
FY22
Healthy cash earnings per share indicates the company's ability to generate free cash flow consistently over the years
Note: Net cash generated from Operations as per Cash Flow Statement
25
Proposed capacity addition
1,600 customized trucks comprising of 1,000 trucks of TATA LPT 2818 make, 200 trucks of TATA LPT 1415 make, 100 trucks of TATA 610 SFC make, 200 trucks of Ashok Leyland 1920 make and 100 trucks of Ashok Leyland 4620 make.
Period within which capacity is to be added
Fleet addition is expected to commence by April2022 and would be spread over a time frame of 12-18 months
Investment required
Rs.560 crores approx. comprising of Chassis cost around Rs,470 crores and the balance being cost of body buildin& registration, insurance costs etc.
Mode of Financing
Mix of Debt from Banks/ FI‟s and Internal Accurals
Rationale
• Vehicle scraping policy announced by Government of India • Around 1200 vehicles that are more than 15 years in operation – expected to lead to a reduction of ~12000 MT • Proposed Capex staggered over a 12-18 month period - addition of 25000 MT • Net addition of upto 13000 MT • Growth in volume anticipated • Reduce dependence on hired vehicles . • Vehicles being added also include prime movers and trailers too with latest features and technology resulting in reduced maintenance time, fewer stopover and better efficiency.
26
Addition of 31 new branches in Q4FY22 and overall 91 new branches in FY22. Planning to expand network by opening new branches in untapped market.
Number of GT Vehicles increased from 4575 in FY2020-21 to 4816 vehicles in FY2021-22. New vehicles added in Q1FY22- 54 vehicles, in Q2FY22- 138 vehicles, in Q3FY22- 54 vehicles and in Q4FY22- 136 vehicles. Total Vehicles added in FY2021-22 is 382 vehicles, Sold/scrapped – 141 vehicles, Net vehicle addition is 241 vehicles.
Procurement of Bio-fuel @ 6.06% of total quantity in FY22, decreased by 17.24% as compared to 23.30% in FY21. (Q1FY22- 13.49% of total quantity, Q2FY22– 10.55% of total quantity, 1.95% in Q3 FY22, 0.94% in Q4 FY22)
19 electric vehicles added during FY22.
Bus Operations turns EBITDA positive on the back of
increased occupancy and realizations.
Enabled All India Permit for Buses from 01.4.2021
The Company has entered into a Memorandum of Understanding for the sale of its Wind Power Undertaking as a going concern on a Slump sale basis for an aggregate consideration of Rs.4800 lakhs.
The company has concluded sale of aircraft VT-ANF for consideration of Rs 920 lakhs in Q4FY22.
The Company has sold Certified Carbon Emission Reductions(306448 units) for a consideration of Rs 691.49 lakhs and has received the proceeds of such sale
The ICRA Debt rating is reaffirmed as A+(stable)
Net debt increased from Rs 10144.31 lakhs as on Mar 31, 2021 to Rs 12989.88 lakhs as on March 31, 2022 Interim Dividend of Rs 8 per equity share announced in Q3FY2021-22
27
Continue to focus on higher margin & growth oriented LTL Goods Transportation segment
Focus on increasing geographical presence in hitherto untapped markets.
To garner higher freight volumes and maintain business operations with optimal
capacity utilization and focus on higher margin parcel delivery services.
Working towards achieving a double digit tonnage growth YoY
Priority to volume growth- wait and watch approach on rate hike
Focusing on increasing Operating Kms of Own vehicles.
To ensure the availability of sufficient number of drivers and labour for unhampered
ground level operations. .
To maintain robust & healthy financial position.
28
01
Fuel procurement strategies to reduce overall expense
02
Dedicated in-house maintenance & vehicle body design facilities
• Procurement of fuel directly from refineries and private petroleum companies, • Usage of Bio fuel (6% of total fuel consumption in FY 22 ) helps in reducing overall fuel expenses • Tie ups with fuel pumps across India for fueling during transits • Usage of RFID tags to monitor real time fuel usage
• Preventive in-house maintenance program designed to increase the life of vehicles •Technology to fabricate lighter and longer bodies to reduce the overall weight of the vehicle and ensure higher payload • Sourcing of longer custom made chassis resulting in additional space as compared to outside vehicles •monitor real time fuel usage
03
Genuine Spare parts procurement at competitive rates
04
Ability to recruit and retain Experienced Drivers
• Economies of Scale •Major OEM‟s have a dedicated spare parts outlets in our premises • Direct procurement from smaller manufacturers /OEMs for other spare parts •Tyre, Battery procurement at competitive rates •Usage of proprietary ERP system to maintain control over costs
• Recruiting drivers as full time employees with statutory benefits • Large and Experienced pool of Drivers •Performance evaluated and incentives provided based on various criteria •Group Insurance facility •Driver training facility at Hubballi
29
Technology
capabilities
ERP system: In-house developed ERP system ensuring real time operations and movement of consignments
Operations Monitoring System : IT systems in place to monitor vehicle movement, fuel consumption per km for each vehicle , distance travelled , driver advances
Advance Consignment Management system : Advanced consignment management system to ensure real time tracking
E-way bill, E-invoice GST Compliance - Complete automation of the compliance process by means of integrating the API with Government Software
Cash Management System: cash management system controlled through a centralized banking system with real time reporting .
Alternative and Backup Systems : backup systems and alternative procedures in order to tackle any disruption in the normal course of operations, capable disaster recovery & business continuity infrastructure. GPS and CCTV monitoring: GPS tracking devices in both hired and owned vehicles to monitor vehicle movement
Online ticket booking: Ticketing facilities through our own website and other aggregators, and integration with payment gateways.
Real Time Report Generation : Managers have the ability to generate real time reports instantly from their Smartphones
Anti Collision and Anti– Sleep device: In house developed anti collision and anti sleep technology to ensure safety of Passengers, Drivers & Vehicle.
SMS update system: SMS system updates for arrival of consignments, vehicles, and schedule alerts
Software alert systems: Customized software alert to track vehicle maintenance and route planning
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Dr. Vijay Sankeshwar Chairman and Managing Director
Dr. Anand Sankeshwar Managing Director
Honored with the Padma Shri Award (the fourth highest civilian award) on the eve of Republic Day, 2020 for contribution to Trade and Industry
Honored with Karnataka Rajyotsava award on Nov1, 2019, the second-highest civilian honor given by the Government of Karnataka.
Honorary Doctorate by Karnataka state open university.
Actively involved in day-to-day business operations.
Recipient of awards - „Youth Icon‟ in 2004 by Annual
Business Communicators of India
Actively involved in day-to-day management, has over four
„Best 2nd Generation Entrepreneur‟ byTiE Global USA in
decades of experience in the logistics industry.
2010.
Former Member of Parliament in the 11th 12th and 13th Lok
“INSPIRATIONAL LEADERS OF NEW INDIA AWARD- 2013
Sabha
The Most Admired Entrepreneur of the Year (Logistics)‟ by
Honorary Doctorate by Karnatak University.
the Rising Leadership Awards 2017.
Recipient of several awards including the „Udyog Ratna‟ by
The prestigious “GAME CHANGER AWARD 2018” award by
Institute of Economic Studies New Delhi in 1994.
Media News 4u.com in February 2019
„Transport Personality of the year‟ (CEAT Indian Road
Transportation Awards 2012).
Promoters have over four decades of experience in the Logistics Industry
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Mr. K N Umesh Executive Director
Mr. Sunil Nalavadi Chief Financial Officer
Mr. Sanganagouda Patil Vice President (Human Resource Development)
Mr Dhruvaraj Kulkarni Vice President (Finance)
Senior Management team has been associated with the Company for an average of over 20 years
Mr. Ramanand Bhat Executive Director
Mr. Aniruddha Phadnavis Company Secretary & Compliance Officer
Mr. Raghavendra Malgi Vice President (Accounts)
Mr. Prabhu Salageri Vice President (Travels)
32 32
1.56%
Shareholding Pattern
3.62%
10.09%
15.14%
69.59%
Promoter
Mutual Funds
Foreign Portfolio Investors
General Public
Others
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THANKING YOU
For further discussions/queries Please contact :
Sunil Nalavadi Chief Financial Officer +91 93425 59298
cfo@vrllogistics.com