VRL Logistics Limited — Investor Meet, 22-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

VRL Logistics' Q4 FY26 saw total income rise 6% YoY to INR859 Cr, with profit at INR72 Cr. Full-year FY26 income was INR3,245 Cr, profit up 29% to INR237 Cr. Strong EBITDA margins of 21.4% (Q4) and 20.8% (FY26) were maintained via cost control and better realizations, despite rising lorry hire and employee costs. Management forecasts 6-7% tonnage growth for FY27, driven by pricing and network expansion. Fuel cost increases are being passed on through selective rate adjustments, aiming for consistent 20%+ EBITDA. FY27 capex is projected at INR300-350 Cr for vehicles and property, highlighting strategic growth investments.