VRL LogisticsNSE:VRLLOG +2.75%84 Altman Z-Score is 3.38 as of Jun. 26, 2026, which is 33% below its 10-year median of 5.07. GuruFocus rates NSE:VRLLOG with a GF Score™ of 84/100 and a GF Value™ of ₹301.82 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, VRL Logistics ranks better than 70.9% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 3.38 is strong.
VRL Logistics has a Altman Z-Score of 3.38, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for VRL Logistics's Altman Z-Score or its related term are showing as below:
NSE:VRLLOG'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.34 Med: 5.07 Max: 10.99
Current: 3.38
During the past 13 years, VRL Logistics's highest Altman Z-Score was 10.99. The lowest was 3.34. And the median was 5.07.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
VRL Logistics Altman Z-Score Related Terms
VRL Logistics Altman Z-Score Historical Data
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The historical data trend for VRL Logistics's Altman Z-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:VRLLOG vs ODFL, XPO, SAIA: Altman Z-Score Comparison
For the Trucking subindustry, VRL Logistics's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
VRL Logistics Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, VRL Logistics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where VRL Logistics's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
VRL Logistics's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
-0.0806
+
1.4
*
0
+
3.3
*
0.1585
+
0.6
*
2.8653
+
1.0
*
1.2364
=
3.38
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
VRL Logistics (NSE:VRLLOG) has a Altman Z-Score of 3.38 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on VRL Logistics and its competitors. This is 33% below median its historical median of 5.07. Over the past decade, VRL Logistics' Altman Z-Score has ranged from 3.34 to 10.99. According to the industry distribution chart, VRL Logistics ranks #291 out of 1000 companies in the Transportation industry, placing it in the top 29.1%.
Is VRL Logistics' Altman Z-Score too high?
VRL Logistics' current Altman Z-Score of 3.38 is 33% below median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 10.99. The Transportation industry median Altman Z-Score is 2.28. VRL Logistics' value of 3.38 is 48.2% above this industry median. Based on the distribution chart, VRL Logistics ranks #291 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, VRL Logistics has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VRL Logistics' Altman Z-Score compare to ODFL and XPO?
According to the Transportation industry distribution chart, VRL Logistics ranks #291 out of 1000 companies for Altman Z-Score. This puts VRL Logistics in the upper half of its industry. The industry median Altman Z-Score is 2.28. VRL Logistics' value of 3.38 is 48.2% above this benchmark. Historically, VRL Logistics' own Altman Z-Score has ranged from 3.34 to 10.99 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 2.28, VRL Logistics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Transportation company?
The median Altman Z-Score among Transportation companies is 2.28, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VRL Logistics's current Altman Z-Score of 3.38 is 48.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on VRL Logistics and its competitors. For the Transportation industry, the median Altman Z-Score is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VRL Logistics's current Altman Z-Score is 3.38, which is 33% below median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VRL Logistics stock overvalued right now?
Based on GuruFocus' analysis, VRL Logistics (NSE:VRLLOG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹301.82, compared to a current price of ₹239.58 — trading 20.6% below its estimated fair value. The current Altman Z-Score is 3.38, which is 33% below median its 10-year median of 5.07 and 48.2% above the Transportation industry median of 2.28. VRL Logistics' overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For VRL Logistics (NSE:VRLLOG), the current Altman Z-Score is 3.38 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VRL Logistics (NSE:VRLLOG) Overvalued in 2026?
Based on GuruFocus' analysis, VRL Logistics stock appears to be undervalued.
The current stock price of ₹239.58 is trading 20.6% below its estimated GF Value™ of ₹301.82.
GuruFocus considers VRL Logistics to be Modestly Undervalued.
Key valuation signals for NSE:VRLLOG:
Altman Z-Score: 3.38 (33% below median its 10-year median of 5.07)
GF Value™: ₹301.82 vs. price of ₹239.58 (20.6% below fair value)
Industry Position: 48.2% above the Transportation median (#291 of 1000)
No single metric tells the full story. See the NSE:VRLLOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VRL Logistics Ltd is engaged in the business of logistics services. The company is engaged in the Goods Transport Business segment. The company offers services for the transportation of goods across India using a range of road transportation solutions to its customers, including less than full truck load and full truck load. The company provides courier services for the transportation of small parcels and documents using a range of multi-modal solutions.
84GF Score
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