VRL Logistics has announced comprehensive details regarding its interim dividend payment of Rs 5 per share, including the record date and payout schedule. The company has fixed February 13, 2026 as the record date for determining eligible shareholders for the interim dividend payment.

Dividend Payment Schedule

The logistics company has established a clear timeline for its interim dividend distribution process. The dividend payout is scheduled for February 26, 2026, providing shareholders with a defined timeline for receiving their returns.

Electronic Payment Mode Mandatory

In compliance with recent regulatory amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, VRL Logistics will distribute the interim dividend exclusively through electronic payment modes. The company has specified that payments will be made through National Automated Clearing House (NACH), Direct Credit (DC), National Electronic Fund Transfer (NEFT), or Real Time Gross Settlement (RTGS) systems only.

The regulatory change, effective from November 18, 2025, has eliminated the provision for physical payment instruments such as payable-at-par warrants or cheques. This means no remittance will be made through physical instruments for this dividend payment.

Shareholder Action Required

Shareholders must ensure their bank account details are correctly registered and updated with their respective Depository Participants to receive the electronic dividend credit. The company has emphasized that shareholders who have not registered or updated their bank account details will not receive dividend payments until such information is properly registered.

VRL Logistics has also requested shareholders to update their email addresses and mobile numbers to ensure timely receipt of dividend intimations and other electronic communications. This interim dividend declaration reflects the company's commitment to returning value to shareholders while adapting to the evolving regulatory framework for dividend distributions.

VRL Logistics has submitted the transcript of its Q3 FY26 earnings conference call to stock exchanges under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The earnings call was held on February 6, 2026, to discuss the company's financial and operational performance for the third quarter and nine months ended December 31, 2025.

Regulatory Compliance and Transcript Submission

The company submitted the earnings call transcript to BSE Limited and National Stock Exchange of India Limited on February 10, 2026, signed by Company Secretary and Compliance Officer Aniruddha Phadnavis. The transcript has been made available on the company's website for stakeholder access, maintaining transparency in investor communications.

Management Outlook and Volume Growth Expectations

During the earnings call, CFO Sunil Nalavadi outlined the company's growth strategy and volume expectations. The management expects sequential tonnage growth of 3% to 4% in Q4 FY26, with daily tonnage having crossed 10,900 tons during Q3. For the next financial year, the company anticipates approximately 10% to 11% volume growth, supported by new client additions and return of previously lost accounts.

Fleet Expansion and Capacity Enhancement

The company has placed orders for 500 new commercial vehicles to meet growing demand and replace older fleet. Out of these 500 vehicles, approximately 100 have already been delivered in January 2026. The new fleet comprises 20-tonne capacity vehicles, representing a 10% increase in overall capacity to match the expected volume growth.

Operational Performance and Network Expansion

The management highlighted strong operational metrics during the call. Realization per tonne stood at ₹8,117, reflecting a 10% year-on-year increase due to price hikes and discontinuation of low-margin contracts. The company operates through 1,250 branches and 50 trans-shipment hubs across 24 states and 5 union territories, with plans to expand through franchisee appointments.

Financial Guidance and Margin Outlook

For FY27, the management projects revenue of approximately ₹3,600 crores based on 11% revenue growth expectations. EBITDA margins are expected to be maintained at around 20% levels, translating to EBITDA of ₹730-740 crores. The company plans total capex of ₹350 crores for the next financial year, including ₹160-170 crores for fleet addition and similar amount for land and building acquisitions at strategic locations.

Source: VRL Logistics Q3 FY26 Earnings Call Transcript