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Motilal Oswal Report
VRL Logistics Ltd., with its large asset base of 4,816 trucks, continues to focus on the high-margin less-than-truck-load segment. The trucks have a total carrying capacity of 71,056 tonnes.
Additionally, VRL Logistics also has good infrastructure setup including several owned premises comprising branches, offices and transshipment hubs.
The market for organised players is likely to expand gradually as several commodities such as leather goods, betel nut, coconut products that were earlier transported by the unorganised players are now being transported by the organised ones.
Reforms in the form of goods and services tax and e-way bills along with the impact of Covid-19 have led to the gradual improvement in share of organised logistics players as several small unorganised players moved out of the market.
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