Premier Roadlines Ltd. (PRL) specializes in logistics, offering surface transportation services for goods ranging from 1 MT to 250 MT. Serving B2B clients, it operates on a Pan India basis, delivering over 26,000 orders in FY 2022-23. With an average EPS of Rs. 3.06 and RoNW of 21.44% over the last three fiscals, PRL's issue is priced at a P/BV of 3.15 based on its NAV of Rs. 21.25 as of January 31, 2024, translating to a P/E of 14.60. Financially, it recorded total income/net profit of Rs. 94.16 cr./Rs. 1.55 cr. (FY21), Rs. 138.69 cr./Rs. 3.89 cr. (FY22), and Rs. 192.06 cr./Rs. 7.19 cr. (FY23). For 10M-FY24, it earned Rs. 8.75 cr. net profit on a total income of Rs. 174.21 cr. PRL operates without vehicle ownership, relying on third-party contracts, and shows steady growth, making it a viable option for medium-term investment.
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
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