Vadilal Industries Ltd.
•₹ 7,417.50.21%
2026-08-21
PROS
- Company has delivered good profit growth of 101.9% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 32.3%
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%
- Latest quarter profit grew 95.4% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 26.5% CAGR over last 5 years
CONS
- Receivables are growing faster than sales - a possible quality concern
- Growth is decelerating - 3Y profit CAGR (17.2%) trails the 5Y trend (101.9%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NESTLEIND | 1469.90 | 74.37 | 283442.92 | 0.82 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| 2. | VBL | 432.75 | 43.23 | 146376.17 | 0.35 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| 3. | BRITANNIA | 5410.00 | 50.04 | 130309.75 | 1.67 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| 4. | JUBLFOOD | 495.90 | 75.40 | 32721.72 | 0.24 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| 5. | HATSUN | 931.75 | 59.58 | 20754.57 | 1.72 | 60.58 | — | 2363.72 | 17.61 | 14.60 | 10.81 |
| 6. | DEVYANI | 142.85 | 0.00 | 17612.54 | 0.00 | 17.10 | 667.68 | 1580.52 | 16.47 | 8.98 | 16.09 |
| 7. | ZYDUSWELL | 492.95 | 83.34 | 15683.73 | 0.24 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| 8. | MILKYMIST | 199.55 | 120.95 | 15362.23 | 0.00 | — | — | — | — | 13.79 | — |
| 9. | BIKAJI | 609.25 | 59.09 | 15276.12 | 0.21 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| 10. | LTFOODS | 429.90 | 23.31 | 14928.40 | 0.70 | 1834.46 | 988.67 | 31518.31 | 1179.20 | 21.42 | 11.26 |
| 11. | MANORAMA | 1924.70 | 49.26 | 12149.17 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 19.70 | 26.29 |
| 12. | VADILALIND | 7416.65 | 24.34 | 5330.96 | 0.58 | 130.91 | 95.45 | 680.06 | 34.42 | 28.26 | 24.44 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 411 | 289 | 174 | 251 | 464 | 296 | 204 | 275 | 506 | 341 | 238 | 416 | 680 | |
| 307 | 230 | 163 | 206 | 351 | 235 | 178 | 236 | 406 | 290 | 227 | 331 | 534 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 4 | 4 | 3 | 4 | 5 | 4 | 3 | 5 | 7 | 5 | 7 | 27 |
| Interest | 6 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 4 |
| Depreciation | 9 | 9 | 8 | 9 | 11 | 11 | 10 | 11 | 12 | 12 | 12 | 14 | 15 |
| 92 | 50 | 3 | 35 | 103 | 52 | 17 | 27 | 89 | 43 | -0 | 73 | 174 | |
| Tax % | 22.62% | 24.23% | -210.07% | 20.98% | 24.91% | 24.87% | 31.48% | 19.41% | 24.51% | 22.59% | -150.00% | 25.33% | 24.61% |
| Net Profit | 0 | 0 | 0 | 0 | 77 | 39 | 12 | 22 | 67 | 33 | -0 | 55 | 131 |
| 99 | 53 | 13 | 38 | 108 | 54 | 17 | 31 | 93 | 46 | -0 | 76 | 18 | |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 411
- 307
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 6
- Depreciation
- 9
- 92
- Tax %
- 22.62%
- Net Profit
- 0
- 99
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 289
- 230
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 9
- 50
- Tax %
- 24.23%
- Net Profit
- 0
- 53
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 174
- 163
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 8
- 3
- Tax %
- -210.07%
- Net Profit
- 0
- 13
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 251
- 206
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 9
- 35
- Tax %
- 20.98%
- Net Profit
- 0
- 38
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 464
- 351
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 11
- 103
- Tax %
- 24.91%
- Net Profit
- 77
- 108
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 296
- 235
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 11
- 52
- Tax %
- 24.87%
- Net Profit
- 39
- 54
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 204
- 178
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 10
- 17
- Tax %
- 31.48%
- Net Profit
- 12
- 17
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 275
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 11
- 27
- Tax %
- 19.41%
- Net Profit
- 22
- 31
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 506
- 406
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 12
- 89
- Tax %
- 24.51%
- Net Profit
- 67
- 93
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 341
- 290
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 12
- 43
- Tax %
- 22.59%
- Net Profit
- 33
- 46
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 238
- 227
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 12
- -0
- Tax %
- -150.00%
- Net Profit
- -0
- -0
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 416
- 331
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 5
- Depreciation
- 14
- 73
- Tax %
- 25.33%
- Net Profit
- 55
- 76
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 680
- 534
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 4
- Depreciation
- 15
- 174
- Tax %
- 24.61%
- Net Profit
- 131
- 18
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 482 | 547 | 567 | 599 | 463 | 698 | 1,058 | 1,125 | 1,240 | 1,503 | 1,675 | |
| 426 | 499 | 495 | 521 | 429 | 599 | 899 | 905 | 1,000 | 1,254 | 1,382 | |
| Operating Profit | 60 | 54 | 83 | 88 | 52 | 107 | 176 | 233 | 256 | 271 | — |
| OPM % | 12 | 10 | 15 | 15 | 11 | 15 | 17 | 21 | 21 | 18 | — |
| Other Income | 4 | 6 | 11 | 10 | 17 | 8 | 17 | 13 | 15 | 22 | 47 |
| Interest | 16 | 15 | 14 | 17 | 21 | 19 | 16 | 18 | 14 | 16 | 17 |
| Depreciation | 15 | 16 | 17 | 24 | 23 | 24 | 30 | 35 | 42 | 49 | 52 |
| 29 | 23 | 52 | 48 | 8 | 64 | 131 | 180 | 200 | 205 | 290 | |
| Tax % | 35 | 32 | 36 | 14 | 40 | 30 | 26 | 19 | 25 | 24 | 25 |
| Net Profit | 19 | 16 | 33 | 41 | 5 | 45 | 96 | 146 | 150 | 155 | 219 |
| EPS | 27 | 22 | 46 | 58 | 6 | 62 | 134 | 203 | 209 | 216 | — |
| Dividend Payout % | 5 | 6 | 3 | 0 | 0 | 2 | 1 | 1 | 10 | 20 | — |
| Minority Interest | 0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 27 | 22 | 46 | 58 | 6 | 62 | 134 | 203 | 209 | 216 | — |
| Minority Interest | 0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 27 | 22 | 46 | 58 | 6 | 62 | 134 | 203 | 209 | 216 | — |
Mar 2017
- 482
- 426
- Operating Profit
- 60
- OPM %
- 12
- Other Income
- 4
- Interest
- 16
- Depreciation
- 15
- 29
- Tax %
- 35
- Net Profit
- 19
- EPS
- 27
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
Mar 2018
- 547
- 499
- Operating Profit
- 54
- OPM %
- 10
- Other Income
- 6
- Interest
- 15
- Depreciation
- 16
- 23
- Tax %
- 32
- Net Profit
- 16
- EPS
- 22
- Dividend Payout %
- 6
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2019
- 567
- 495
- Operating Profit
- 83
- OPM %
- 15
- Other Income
- 11
- Interest
- 14
- Depreciation
- 17
- 52
- Tax %
- 36
- Net Profit
- 33
- EPS
- 46
- Dividend Payout %
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 46
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 46
Mar 2020
- 599
- 521
- Operating Profit
- 88
- OPM %
- 15
- Other Income
- 10
- Interest
- 17
- Depreciation
- 24
- 48
- Tax %
- 14
- Net Profit
- 41
- EPS
- 58
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
Mar 2021
- 463
- 429
- Operating Profit
- 52
- OPM %
- 11
- Other Income
- 17
- Interest
- 21
- Depreciation
- 23
- 8
- Tax %
- 40
- Net Profit
- 5
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2022
- 698
- 599
- Operating Profit
- 107
- OPM %
- 15
- Other Income
- 8
- Interest
- 19
- Depreciation
- 24
- 64
- Tax %
- 30
- Net Profit
- 45
- EPS
- 62
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
Mar 2023
- 1,058
- 899
- Operating Profit
- 176
- OPM %
- 17
- Other Income
- 17
- Interest
- 16
- Depreciation
- 30
- 131
- Tax %
- 26
- Net Profit
- 96
- EPS
- 134
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 134
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 134
Mar 2024
- 1,125
- 905
- Operating Profit
- 233
- OPM %
- 21
- Other Income
- 13
- Interest
- 18
- Depreciation
- 35
- 180
- Tax %
- 19
- Net Profit
- 146
- EPS
- 203
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 203
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 203
Mar 2025
- 1,240
- 1,000
- Operating Profit
- 256
- OPM %
- 21
- Other Income
- 15
- Interest
- 14
- Depreciation
- 42
- 200
- Tax %
- 25
- Net Profit
- 150
- EPS
- 209
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 209
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 209
Mar 2026
- 1,503
- 1,254
- Operating Profit
- 271
- OPM %
- 18
- Other Income
- 22
- Interest
- 16
- Depreciation
- 49
- 205
- Tax %
- 24
- Net Profit
- 155
- EPS
- 216
- Dividend Payout %
- 20
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 216
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 216
TTM
- 1,675
- 1,382
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 17
- Depreciation
- 52
- 290
- Tax %
- 25
- Net Profit
- 219
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 13%
- 5 Years:
- 27%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 27%
- 5 Years:
- 102%
- 3 Years:
- 17%
STOCK PRICE CAGR
- 10 Years:
- 28%
- 5 Years:
- 46%
- 3 Years:
- 39%
- 1 Year:
- 49%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 29%
- 3 Years:
- 29%
- Last Year:
- 22%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| 154 | 168 | 200 | 240 | 244 | 290 | 390 | 535 | 688 | 843 | |
| 82 | 65 | 82 | 112 | 82 | 87 | 131 | 52 | 23 | 19 | |
| Trade Payables | 84 | 78 | 70 | 85 | 111 | 83 | 90 | 98 | 117 | 121 |
| 87 | 121 | 118 | 129 | 124 | 157 | 219 | 225 | 259 | 278 | |
| Total Liabilities | 414 | 439 | 477 | 574 | 567 | 623 | 838 | 917 | 1,094 | 1,268 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 251 | 257 | 267 | 318 | 312 | 307 | 403 | 444 | 478 | 526 | |
| Capital Work in Progress | 5 | 7 | 13 | 9 | 5 | 3 | 20 | 12 | 10 | 20 |
| 1 | 1 | 1 | 1 | 1 | 1 | 5 | 16 | 6 | 21 | |
| 123 | 102 | 127 | 155 | 141 | 165 | 256 | 229 | 311 | 336 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97 | 123 | 177 | |
| Cash & Bank | 6 | 5 | 9 | 19 | 36 | 52 | 37 | 54 | 40 | 43 |
| 29 | 68 | 60 | 74 | 73 | 97 | 117 | 66 | 127 | 145 | |
| Total Assets | 414 | 439 | 477 | 574 | 567 | 623 | 838 | 917 | 1,094 | 1,268 |
| Total Debt | 119 | 141 | 148 | 174 | 143 | 172 | 205 | 118 | 82 | 91 |
| Net Working Capital | -43 | -1 | 1 | -5 | 10 | 84 | 122 | 219 | 322 | 423 |
| Contingent Liabilities | 36 | 32 | 45 | 44 | 31 | 18 | 13 | 36 | 5 | 4 |
| Book Value per Share | 119.09 | 139.18 | 183.80 | 239.03 | 244.62 | 308.99 | 447.89 | 649.62 | 862.41 | 1077.98 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 119 | 141 | 148 | 174 | 143 | 172 | 205 | 118 | 82 | 91 |
| Net Working Capital | -43 | -1 | 1 | -5 | 10 | 84 | 122 | 219 | 322 | 423 |
| Contingent Liabilities | 36 | 32 | 45 | 44 | 31 | 18 | 13 | 36 | 5 | 4 |
| Book Value per Share | 119.09 | 139.18 | 183.80 | 239.03 | 244.62 | 308.99 | 447.89 | 649.62 | 862.41 | 1077.98 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 7
- 154
- 82
- Trade Payables
- 84
- 87
- Total Liabilities
- 414
- 251
- Capital Work in Progress
- 5
- 1
- 123
- 0
- Cash & Bank
- 6
- 29
- Total Assets
- 414
- Total Debt
- 119
- Net Working Capital
- -43
- Contingent Liabilities
- 36
- Book Value per Share
- 119.09
- Face Value
- 10.00
- Total Debt
- 119
- Net Working Capital
- -43
- Contingent Liabilities
- 36
- Book Value per Share
- 119.09
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 7
- 168
- 65
- Trade Payables
- 78
- 121
- Total Liabilities
- 439
- 257
- Capital Work in Progress
- 7
- 1
- 102
- 0
- Cash & Bank
- 5
- 68
- Total Assets
- 439
- Total Debt
- 141
- Net Working Capital
- -1
- Contingent Liabilities
- 32
- Book Value per Share
- 139.18
- Face Value
- 10.00
- Total Debt
- 141
- Net Working Capital
- -1
- Contingent Liabilities
- 32
- Book Value per Share
- 139.18
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 7
- 200
- 82
- Trade Payables
- 70
- 118
- Total Liabilities
- 477
- 267
- Capital Work in Progress
- 13
- 1
- 127
- 0
- Cash & Bank
- 9
- 60
- Total Assets
- 477
- Total Debt
- 148
- Net Working Capital
- 1
- Contingent Liabilities
- 45
- Book Value per Share
- 183.80
- Face Value
- 10.00
- Total Debt
- 148
- Net Working Capital
- 1
- Contingent Liabilities
- 45
- Book Value per Share
- 183.80
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 7
- 240
- 112
- Trade Payables
- 85
- 129
- Total Liabilities
- 574
- 318
- Capital Work in Progress
- 9
- 1
- 155
- 0
- Cash & Bank
- 19
- 74
- Total Assets
- 574
- Total Debt
- 174
- Net Working Capital
- -5
- Contingent Liabilities
- 44
- Book Value per Share
- 239.03
- Face Value
- 10.00
- Total Debt
- 174
- Net Working Capital
- -5
- Contingent Liabilities
- 44
- Book Value per Share
- 239.03
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 7
- 244
- 82
- Trade Payables
- 111
- 124
- Total Liabilities
- 567
- 312
- Capital Work in Progress
- 5
- 1
- 141
- 0
- Cash & Bank
- 36
- 73
- Total Assets
- 567
- Total Debt
- 143
- Net Working Capital
- 10
- Contingent Liabilities
- 31
- Book Value per Share
- 244.62
- Face Value
- 10.00
- Total Debt
- 143
- Net Working Capital
- 10
- Contingent Liabilities
- 31
- Book Value per Share
- 244.62
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 7
- 290
- 87
- Trade Payables
- 83
- 157
- Total Liabilities
- 623
- 307
- Capital Work in Progress
- 3
- 1
- 165
- 0
- Cash & Bank
- 52
- 97
- Total Assets
- 623
- Total Debt
- 172
- Net Working Capital
- 84
- Contingent Liabilities
- 18
- Book Value per Share
- 308.99
- Face Value
- 10.00
- Total Debt
- 172
- Net Working Capital
- 84
- Contingent Liabilities
- 18
- Book Value per Share
- 308.99
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 7
- 390
- 131
- Trade Payables
- 90
- 219
- Total Liabilities
- 838
- 403
- Capital Work in Progress
- 20
- 5
- 256
- 0
- Cash & Bank
- 37
- 117
- Total Assets
- 838
- Total Debt
- 205
- Net Working Capital
- 122
- Contingent Liabilities
- 13
- Book Value per Share
- 447.89
- Face Value
- 10.00
- Total Debt
- 205
- Net Working Capital
- 122
- Contingent Liabilities
- 13
- Book Value per Share
- 447.89
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 7
- 535
- 52
- Trade Payables
- 98
- 225
- Total Liabilities
- 917
- 444
- Capital Work in Progress
- 12
- 16
- 229
- 97
- Cash & Bank
- 54
- 66
- Total Assets
- 917
- Total Debt
- 118
- Net Working Capital
- 219
- Contingent Liabilities
- 36
- Book Value per Share
- 649.62
- Face Value
- 10.00
- Total Debt
- 118
- Net Working Capital
- 219
- Contingent Liabilities
- 36
- Book Value per Share
- 649.62
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 7
- 688
- 23
- Trade Payables
- 117
- 259
- Total Liabilities
- 1,094
- 478
- Capital Work in Progress
- 10
- 6
- 311
- 123
- Cash & Bank
- 40
- 127
- Total Assets
- 1,094
- Total Debt
- 82
- Net Working Capital
- 322
- Contingent Liabilities
- 5
- Book Value per Share
- 862.41
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 322
- Contingent Liabilities
- 5
- Book Value per Share
- 862.41
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 7
- 843
- 19
- Trade Payables
- 121
- 278
- Total Liabilities
- 1,268
- 526
- Capital Work in Progress
- 20
- 21
- 336
- 177
- Cash & Bank
- 43
- 145
- Total Assets
- 1,268
- Total Debt
- 91
- Net Working Capital
- 423
- Contingent Liabilities
- 4
- Book Value per Share
- 1077.98
- Face Value
- 10.00
- Total Debt
- 91
- Net Working Capital
- 423
- Contingent Liabilities
- 4
- Book Value per Share
- 1077.98
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 46 | 17 | 44 | 67 | 82 | 32 | 39 | 192 | 111 | 143 | |
| Cash from Investing | -23 | -24 | -31 | -67 | -11 | -20 | -62 | -66 | -58 | -108 |
| Cash from Financing | -20 | 6 | -10 | 4 | -56 | 8 | 9 | -114 | -61 | -38 |
| 3 | -1 | 4 | 4 | 16 | 20 | -13 | 12 | -8 | -2 | |
| Free Cash Flow | 28 | -7 | 13 | -2 | 71 | 19 | -87 | 135 | 42 | 47 |
| OCF / Net Profit | 2.39 | 1.06 | 1.33 | 1.61 | 17.73 | 0.72 | 0.41 | 1.32 | 0.74 | 0.92 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 103 | 93 | 13 | 135 | 179 | 155 |
| OCF / Net Profit | 2.39 | 1.06 | 1.33 | 1.61 | 17.73 | 0.72 | 0.41 | 1.32 | 0.74 | 0.92 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 103 | 93 | 13 | 135 | 179 | 155 |
Mar 2017
- 46
- Cash from Investing
- -23
- Cash from Financing
- -20
- 3
- Free Cash Flow
- 28
- OCF / Net Profit
- 2.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.39
- Cumulative 5-Year FCF
- 0
Mar 2018
- 17
- Cash from Investing
- -24
- Cash from Financing
- 6
- -1
- Free Cash Flow
- -7
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
Mar 2019
- 44
- Cash from Investing
- -31
- Cash from Financing
- -10
- 4
- Free Cash Flow
- 13
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 0
Mar 2020
- 67
- Cash from Investing
- -67
- Cash from Financing
- 4
- 4
- Free Cash Flow
- -2
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 0
Mar 2021
- 82
- Cash from Investing
- -11
- Cash from Financing
- -56
- 16
- Free Cash Flow
- 71
- OCF / Net Profit
- 17.73
- Cumulative 5-Year FCF
- 103
- OCF / Net Profit
- 17.73
- Cumulative 5-Year FCF
- 103
Mar 2022
- 32
- Cash from Investing
- -20
- Cash from Financing
- 8
- 20
- Free Cash Flow
- 19
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 93
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 93
Mar 2023
- 39
- Cash from Investing
- -62
- Cash from Financing
- 9
- -13
- Free Cash Flow
- -87
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 13
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 13
Mar 2024
- 192
- Cash from Investing
- -66
- Cash from Financing
- -114
- 12
- Free Cash Flow
- 135
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 135
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 135
Mar 2025
- 111
- Cash from Investing
- -58
- Cash from Financing
- -61
- -8
- Free Cash Flow
- 42
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 179
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 179
Mar 2026
- 143
- Cash from Investing
- -108
- Cash from Financing
- -38
- -2
- Free Cash Flow
- 47
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 155
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 155
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 26.56 | 21.79 | 46.41 | 57.57 | 6.44 | 62.19 | 133.92 | 202.99 | 209.08 | 215.72 |
| Book Value (₹) | 119.09 | 139.18 | 183.80 | 239.03 | 244.62 | 308.99 | 447.89 | 649.62 | 862.41 | 1077.98 |
| Dividend per Share (₹) | 1.25 | 1.25 | 1.25 | 0.00 | 0.00 | 1.25 | 1.50 | 1.50 | 21.00 | 43.00 |
| Cash EPS (₹) | 47.29 | 44.23 | 69.93 | 90.53 | 38.23 | 95.54 | 175.48 | 251.54 | 267.77 | 283.63 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.19% | 9.76% | 14.49% | 14.52% | 11.05% | 15.21% | 16.52% | 19.17% | 19.02% | 16.20% |
| Net Margin % | 3.86% | 2.81% | 5.84% | 6.80% | 0.98% | 6.34% | 9.02% | 12.72% | 11.89% | 10.10% |
| ROE % | 24.98% | 16.88% | 28.74% | 27.23% | 2.66% | 22.47% | 35.39% | 36.99% | 27.66% | 22.24% |
| ROCE % | 23.02% | 17.15% | 25.30% | 20.97% | 8.77% | 23.32% | 31.80% | 35.60% | 33.15% | 28.26% |
| 4.89% | 3.67% | 7.28% | 7.87% | 0.81% | 7.51% | 13.18% | 16.63% | 14.95% | 13.13% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 12 | 17 | 23 | 23 | 35 | 29 | 24 | 28 | 32 | 36 |
| Inventory Days | 80 | 74 | 73 | 84 | 115 | 79 | 72 | 77 | 78 | 77 |
| Payable Days | 91 | 95 | 91 | 89 | 146 | 99 | 56 | 60 | 81 | 70 |
| 1 | -4 | 5 | 18 | 3 | 9 | 40 | 45 | 29 | 43 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.39x | 1.41x | 1.12x | 1.01x | 0.82x | 0.78x | 0.64x | 0.25x | 0.13x | 0.12x |
| Interest Coverage (x) | 2.83x | 2.50x | 4.69x | 3.87x | 1.36x | 4.29x | 9.24x | 11.05x | 15.60x | 13.53x |
| 0.78x | 0.99x | 1.01x | 0.98x | 1.04x | 1.39x | 1.44x | 2.02x | 2.55x | 3.00x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 7.22% | 13.52% | 3.60% | 5.67% | -22.68% | 50.58% | 51.62% | 6.38% | 10.21% | 21.19% |
| Operating Profit Growth % | 1.32% | -9.66% | 52.33% | 6.64% | -41.17% | 106.24% | 64.47% | 32.04% | 9.80% | 5.85% |
| Net Profit Growth % | 29.64% | -17.83% | 113.00% | 24.03% | -88.82% | 865.96% | 115.41% | 51.57% | 3.00% | 3.18% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 51.57% | 3.00% | 3.17% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 21.41x | 21.97x | 18.96x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.69x | 5.33x | 3.79x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.46% | 1.05% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.70x | 13.09x | 11.05x |
Mar 2017
- EPS (₹)
- 26.56
- Book Value (₹)
- 119.09
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 47.29
- Operating Margin %
- 12.19%
- Net Margin %
- 3.86%
- ROE %
- 24.98%
- ROCE %
- 23.02%
- 4.89%
- Debtor Days
- 12
- Inventory Days
- 80
- Payable Days
- 91
- 1
- Debt to Equity (x)
- 1.39x
- Interest Coverage (x)
- 2.83x
- 0.78x
- Revenue Growth %
- 7.22%
- Operating Profit Growth %
- 1.32%
- Net Profit Growth %
- 29.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 21.79
- Book Value (₹)
- 139.18
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 44.23
- Operating Margin %
- 9.76%
- Net Margin %
- 2.81%
- ROE %
- 16.88%
- ROCE %
- 17.15%
- 3.67%
- Debtor Days
- 17
- Inventory Days
- 74
- Payable Days
- 95
- -4
- Debt to Equity (x)
- 1.41x
- Interest Coverage (x)
- 2.50x
- 0.99x
- Revenue Growth %
- 13.52%
- Operating Profit Growth %
- -9.66%
- Net Profit Growth %
- -17.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 46.41
- Book Value (₹)
- 183.80
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 69.93
- Operating Margin %
- 14.49%
- Net Margin %
- 5.84%
- ROE %
- 28.74%
- ROCE %
- 25.30%
- 7.28%
- Debtor Days
- 23
- Inventory Days
- 73
- Payable Days
- 91
- 5
- Debt to Equity (x)
- 1.12x
- Interest Coverage (x)
- 4.69x
- 1.01x
- Revenue Growth %
- 3.60%
- Operating Profit Growth %
- 52.33%
- Net Profit Growth %
- 113.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 57.57
- Book Value (₹)
- 239.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 90.53
- Operating Margin %
- 14.52%
- Net Margin %
- 6.80%
- ROE %
- 27.23%
- ROCE %
- 20.97%
- 7.87%
- Debtor Days
- 23
- Inventory Days
- 84
- Payable Days
- 89
- 18
- Debt to Equity (x)
- 1.01x
- Interest Coverage (x)
- 3.87x
- 0.98x
- Revenue Growth %
- 5.67%
- Operating Profit Growth %
- 6.64%
- Net Profit Growth %
- 24.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 6.44
- Book Value (₹)
- 244.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 38.23
- Operating Margin %
- 11.05%
- Net Margin %
- 0.98%
- ROE %
- 2.66%
- ROCE %
- 8.77%
- 0.81%
- Debtor Days
- 35
- Inventory Days
- 115
- Payable Days
- 146
- 3
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.36x
- 1.04x
- Revenue Growth %
- -22.68%
- Operating Profit Growth %
- -41.17%
- Net Profit Growth %
- -88.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 62.19
- Book Value (₹)
- 308.99
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 95.54
- Operating Margin %
- 15.21%
- Net Margin %
- 6.34%
- ROE %
- 22.47%
- ROCE %
- 23.32%
- 7.51%
- Debtor Days
- 29
- Inventory Days
- 79
- Payable Days
- 99
- 9
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 4.29x
- 1.39x
- Revenue Growth %
- 50.58%
- Operating Profit Growth %
- 106.24%
- Net Profit Growth %
- 865.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 133.92
- Book Value (₹)
- 447.89
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 175.48
- Operating Margin %
- 16.52%
- Net Margin %
- 9.02%
- ROE %
- 35.39%
- ROCE %
- 31.80%
- 13.18%
- Debtor Days
- 24
- Inventory Days
- 72
- Payable Days
- 56
- 40
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 9.24x
- 1.44x
- Revenue Growth %
- 51.62%
- Operating Profit Growth %
- 64.47%
- Net Profit Growth %
- 115.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 202.99
- Book Value (₹)
- 649.62
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 251.54
- Operating Margin %
- 19.17%
- Net Margin %
- 12.72%
- ROE %
- 36.99%
- ROCE %
- 35.60%
- 16.63%
- Debtor Days
- 28
- Inventory Days
- 77
- Payable Days
- 60
- 45
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 11.05x
- 2.02x
- Revenue Growth %
- 6.38%
- Operating Profit Growth %
- 32.04%
- Net Profit Growth %
- 51.57%
- 51.57%
- P/E (x)
- 21.41x
- P/B (x)
- 6.69x
- Dividend Yield %
- 0.03%
- 13.70x
Mar 2025
- EPS (₹)
- 209.08
- Book Value (₹)
- 862.41
- Dividend per Share (₹)
- 21.00
- Cash EPS (₹)
- 267.77
- Operating Margin %
- 19.02%
- Net Margin %
- 11.89%
- ROE %
- 27.66%
- ROCE %
- 33.15%
- 14.95%
- Debtor Days
- 32
- Inventory Days
- 78
- Payable Days
- 81
- 29
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 15.60x
- 2.55x
- Revenue Growth %
- 10.21%
- Operating Profit Growth %
- 9.80%
- Net Profit Growth %
- 3.00%
- 3.00%
- P/E (x)
- 21.97x
- P/B (x)
- 5.33x
- Dividend Yield %
- 0.46%
- 13.09x
Mar 2026
- EPS (₹)
- 215.72
- Book Value (₹)
- 1077.98
- Dividend per Share (₹)
- 43.00
- Cash EPS (₹)
- 283.63
- Operating Margin %
- 16.20%
- Net Margin %
- 10.10%
- ROE %
- 22.24%
- ROCE %
- 28.26%
- 13.13%
- Debtor Days
- 36
- Inventory Days
- 77
- Payable Days
- 70
- 43
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 13.53x
- 3.00x
- Revenue Growth %
- 21.19%
- Operating Profit Growth %
- 5.85%
- Net Profit Growth %
- 3.18%
- 3.17%
- P/E (x)
- 18.96x
- P/B (x)
- 3.79x
- Dividend Yield %
- 1.05%
- 11.05x
Documents
Announcements
- Record Date
2026-08-18 - Vadilal Industries Limited has informed the Exchange that Record date for the Final Dividend for F.Y. 2025-26 is 03-Sep-2026.
- Shareholders meeting
2026-08-17 - Vadilal Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 10, 2026
Annual Reports
Credit Ratings
- Credit Rating
2026-07-10 - Vadilal Industries Limited has informed the Exchange about Credit Rating