May 10, 2024 - May 14, 2024

Premier Roadlines IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Premier Roadlines IPO.

Premier Roadlines IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Premier Roadlines IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Premier Roadlines IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment of transport logistics. It does not own any vehicles, but provides services on third party contracts. It marked steady growth in its top and bottom lines for the reported periods. Based on FY24 supper annualized earnings, the issue appears fully priced. Well-informed investors may park moderate funds for the medium term rewards. Read detail review...

Premier Roadlines IPO Peer Comparison

Premier Roadlines Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)
Premier Roadlines Limited	4.27	4.27		26.58
Vrl Logistics Ltd	18.80	18.80	29.73	33.12
Avg Logistics Limited	7.09	7.09	79.61	8.76
Ritco Logistics Ltd	9.94	9.94	27.08	16.37

Notes:

All the financial information for listed industry peers mentioned above is sourced from the Annual Reports of the aforesaid companies for the year ended March 31, 2023 and stock exchange data dated February 06, 2024, to compute the corresponding financial ratios.
For Premier Roadlines Limited, the company has taken the Current Market Price as the issue price of equity shares.
The P/E Ratio is based on the current market price of the respective scrips.
The EPS and RoNW of the company are taken as per the Restated Financial Statement for the Financial Year 2022-23.
The RoNW has been computed as net profit after tax divided by closing net worth.
Net worth has been computed in the manner specified in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.

Premier Roadlines IPO Review by Members

Premier Roadlines IPO Reviews, analysis and views by popular members. Read Premier Roadlines Limited IPO reviews by retail investors to find recommended ipo to buy.

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Premier Roadlines IPO Review Summary by Members

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Count	0	0	0	0
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