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.