Vadilal Industries Ltd.
•₹ 7,417.50.21%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 32.0%
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
- Latest quarter profit grew 99.7% YoY, showing strong momentum
- Company has delivered good sales growth of 25.5% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.11x)
- Company has been maintaining a healthy dividend payout of 31.5%
CONS
- Stock is trading at 5.8x its book value
- Expensive relative to growth - PEG of 2.8
* 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 | 1456.65 | 73.70 | 280887.91 | 0.82 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| 2. | VBL | 438.00 | 43.75 | 148151.96 | 0.34 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| 3. | BRITANNIA | 5549.00 | 51.33 | 133657.82 | 1.63 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| 4. | JUBLFOOD | 507.90 | 77.23 | 33513.54 | 0.24 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| 5. | HATSUN | 964.45 | 61.68 | 21482.96 | 1.66 | 60.58 | — | 2363.72 | 17.61 | 14.60 | 10.81 |
| 6. | DEVYANI | 147.70 | 0.00 | 18210.52 | 0.00 | 17.10 | 667.68 | 1580.52 | 16.47 | 8.98 | 16.09 |
| 7. | ZYDUSWELL | 501.60 | 84.80 | 15958.94 | 0.24 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| 8. | BIKAJI | 606.50 | 58.83 | 15207.16 | 0.21 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| 9. | LTFOODS | 430.80 | 23.36 | 14959.66 | 0.70 | 1834.46 | 988.67 | 31518.31 | 1179.20 | 21.42 | 11.26 |
| 10. | MILKYMIST | 184.25 | 111.68 | 14184.36 | 0.00 | — | — | — | — | 13.79 | — |
| 11. | MANORAMA | 1957.75 | 50.10 | 12357.79 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 19.70 | 26.29 |
| 12. | VADILALIND | 7395.90 | 24.27 | 5316.05 | 0.58 | 130.91 | 95.45 | 680.06 | 34.42 | 28.26 | 24.44 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 355 | 229 | 129 | 199 | 402 | 233 | 145 | 232 | 425 | 247 | 140 | 295 | 584 | |
| 272 | 194 | 131 | 164 | 312 | 196 | 132 | 201 | 348 | 228 | 156 | 232 | 447 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 4 | 4 | 3 | 4 | 4 | 5 | 3 | 4 | 8 | 6 | 9 | 6 |
| Interest | 5 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 9 |
| 75 | 30 | -6 | 30 | 84 | 33 | 10 | 26 | 72 | 18 | -19 | 62 | 143 | |
| Tax % | 25.18% | 25.26% | 25.13% | 26.26% | 25.27% | 25.79% | 26.40% | 25.92% | 25.40% | 26.18% | 24.28% | 25.74% | 25.31% |
| Net Profit | 56 | 23 | -4 | 22 | 63 | 24 | 7 | 19 | 53 | 13 | -14 | 46 | 107 |
| 78 | 31 | -6 | 30 | 88 | 34 | 10 | 27 | 74 | 18 | -20 | 64 | 15 | |
| 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
- 355
- 272
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 5
- Depreciation
- 6
- 75
- Tax %
- 25.18%
- Net Profit
- 56
- 78
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 229
- 194
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 6
- 30
- Tax %
- 25.26%
- Net Profit
- 23
- 31
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 129
- 131
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 6
- -6
- Tax %
- 25.13%
- Net Profit
- -4
- -6
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 199
- 164
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 3
- Depreciation
- 6
- 30
- Tax %
- 26.26%
- Net Profit
- 22
- 30
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 402
- 312
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 7
- 84
- Tax %
- 25.27%
- Net Profit
- 63
- 88
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 233
- 196
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 6
- 33
- Tax %
- 25.79%
- Net Profit
- 24
- 34
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 145
- 132
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 6
- 10
- Tax %
- 26.40%
- Net Profit
- 7
- 10
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 232
- 201
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 7
- 26
- Tax %
- 25.92%
- Net Profit
- 19
- 27
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 425
- 348
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 7
- 72
- Tax %
- 25.40%
- Net Profit
- 53
- 74
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 247
- 228
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 7
- 18
- Tax %
- 26.18%
- Net Profit
- 13
- 18
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 140
- 156
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 7
- -19
- Tax %
- 24.28%
- Net Profit
- -14
- -20
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 295
- 232
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 2
- Depreciation
- 8
- 62
- Tax %
- 25.74%
- Net Profit
- 46
- 64
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 584
- 447
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 9
- 143
- Tax %
- 25.31%
- Net Profit
- 107
- 15
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 473 | 515 | 507 | 517 | 357 | 544 | 897 | 913 | 1,014 | 1,110 | 1,267 | |
| 419 | 469 | 440 | 457 | 362 | 502 | 780 | 760 | 842 | 964 | 1,064 | |
| Operating Profit | 58 | 53 | 79 | 68 | 7 | 51 | 130 | 166 | 187 | 170 | — |
| OPM % | 12 | 10 | 16 | 13 | 2 | 9 | 14 | 18 | 18 | 15 | — |
| Other Income | 3 | 7 | 13 | 8 | 12 | 9 | 12 | 14 | 15 | 25 | 28 |
| Interest | 16 | 15 | 14 | 15 | 20 | 18 | 13 | 14 | 8 | 9 | 9 |
| Depreciation | 15 | 16 | 17 | 19 | 18 | 19 | 20 | 23 | 26 | 29 | 31 |
| 27 | 22 | 49 | 34 | -32 | 14 | 96 | 129 | 153 | 132 | 203 | |
| Tax % | 38 | 33 | 35 | 7 | 24 | 27 | 25 | 25 | 26 | 26 | 26 |
| Net Profit | 17 | 15 | 31 | 32 | -24 | 10 | 72 | 96 | 114 | 98 | 151 |
| EPS | 23 | 21 | 44 | 45 | -34 | 14 | 100 | 133 | 158 | 136 | — |
| Dividend Payout % | 5 | 6 | 3 | 0 | 0 | 9 | 1 | 1 | 13 | 32 | — |
| 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 | 23 | 21 | 44 | 45 | -34 | 14 | 100 | 133 | 158 | 136 | — |
| 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 | 23 | 21 | 44 | 45 | -34 | 14 | 100 | 133 | 158 | 136 | — |
Mar 2017
- 473
- 419
- Operating Profit
- 58
- OPM %
- 12
- Other Income
- 3
- Interest
- 16
- Depreciation
- 15
- 27
- Tax %
- 38
- Net Profit
- 17
- EPS
- 23
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2018
- 515
- 469
- Operating Profit
- 53
- OPM %
- 10
- Other Income
- 7
- Interest
- 15
- Depreciation
- 16
- 22
- Tax %
- 33
- Net Profit
- 15
- EPS
- 21
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2019
- 507
- 440
- Operating Profit
- 79
- OPM %
- 16
- Other Income
- 13
- Interest
- 14
- Depreciation
- 17
- 49
- Tax %
- 35
- Net Profit
- 31
- EPS
- 44
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
Mar 2020
- 517
- 457
- Operating Profit
- 68
- OPM %
- 13
- Other Income
- 8
- Interest
- 15
- Depreciation
- 19
- 34
- Tax %
- 7
- Net Profit
- 32
- EPS
- 45
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 45
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 45
Mar 2021
- 357
- 362
- Operating Profit
- 7
- OPM %
- 2
- Other Income
- 12
- Interest
- 20
- Depreciation
- 18
- -32
- Tax %
- 24
- Net Profit
- -24
- EPS
- -34
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -34
Mar 2022
- 544
- 502
- Operating Profit
- 51
- OPM %
- 9
- Other Income
- 9
- Interest
- 18
- Depreciation
- 19
- 14
- Tax %
- 27
- Net Profit
- 10
- EPS
- 14
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2023
- 897
- 780
- Operating Profit
- 130
- OPM %
- 14
- Other Income
- 12
- Interest
- 13
- Depreciation
- 20
- 96
- Tax %
- 25
- Net Profit
- 72
- EPS
- 100
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 100
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 100
Mar 2024
- 913
- 760
- Operating Profit
- 166
- OPM %
- 18
- Other Income
- 14
- Interest
- 14
- Depreciation
- 23
- 129
- Tax %
- 25
- Net Profit
- 96
- EPS
- 133
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 133
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 133
Mar 2025
- 1,014
- 842
- Operating Profit
- 187
- OPM %
- 18
- Other Income
- 15
- Interest
- 8
- Depreciation
- 26
- 153
- Tax %
- 26
- Net Profit
- 114
- EPS
- 158
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 158
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 158
Mar 2026
- 1,110
- 964
- Operating Profit
- 170
- OPM %
- 15
- Other Income
- 25
- Interest
- 9
- Depreciation
- 29
- 132
- Tax %
- 26
- Net Profit
- 98
- EPS
- 136
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 136
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 136
TTM
- 1,267
- 1,064
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 9
- Depreciation
- 31
- 203
- Tax %
- 26
- Net Profit
- 151
- 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:
- 10%
- 5 Years:
- 25%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 21%
- 5 Years:
- —
- 3 Years:
- 11%
STOCK PRICE CAGR
- 10 Years:
- 29%
- 5 Years:
- 46%
- 3 Years:
- 39%
- 1 Year:
- 48%
RETURN ON EQUITY
- 10 Years:
- 21%
- 5 Years:
- 27%
- 3 Years:
- 30%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 152 | 166 | 196 | 227 | 203 | 212 | 282 | 375 | 488 | 572 | |
| 82 | 65 | 82 | 111 | 81 | 86 | 130 | 52 | 23 | 0 | |
| Trade Payables | 83 | 76 | 65 | 81 | 102 | 72 | 78 | 79 | 103 | 104 |
| 87 | 120 | 116 | 113 | 108 | 132 | 130 | 132 | 137 | 141 | |
| Total Liabilities | 411 | 435 | 466 | 540 | 501 | 510 | 627 | 645 | 758 | 824 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 250 | 254 | 262 | 301 | 300 | 293 | 301 | 337 | 343 | 330 | |
| Capital Work in Progress | 5 | 7 | 13 | 9 | 5 | 3 | 19 | 11 | 8 | 19 |
| 2 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 8 | 23 | |
| 120 | 97 | 118 | 146 | 126 | 143 | 223 | 190 | 235 | 218 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58 | 112 | 122 | |
| Cash & Bank | 3 | 3 | 3 | 16 | 19 | 9 | 11 | 10 | 6 | 15 |
| 32 | 71 | 66 | 66 | 48 | 59 | 65 | 31 | 45 | 98 | |
| Total Assets | 411 | 435 | 466 | 540 | 501 | 510 | 627 | 645 | 758 | 824 |
| Total Debt | 119 | 141 | 147 | 171 | 141 | 170 | 197 | 112 | 78 | 62 |
| Net Working Capital | -45 | -5 | -3 | -14 | -27 | 16 | 37 | 95 | 200 | 259 |
| Contingent Liabilities | 43 | 32 | 45 | 44 | 31 | 18 | 13 | 36 | 5 | 4 |
| Book Value per Share | 117.19 | 136.09 | 177.99 | 220.68 | 187.18 | 200.61 | 297.59 | 427.48 | 583.76 | 700.60 |
| 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 | 147 | 171 | 141 | 170 | 197 | 112 | 78 | 62 |
| Net Working Capital | -45 | -5 | -3 | -14 | -27 | 16 | 37 | 95 | 200 | 259 |
| Contingent Liabilities | 43 | 32 | 45 | 44 | 31 | 18 | 13 | 36 | 5 | 4 |
| Book Value per Share | 117.19 | 136.09 | 177.99 | 220.68 | 187.18 | 200.61 | 297.59 | 427.48 | 583.76 | 700.60 |
| 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
- 152
- 82
- Trade Payables
- 83
- 87
- Total Liabilities
- 411
- 250
- Capital Work in Progress
- 5
- 2
- 120
- 0
- Cash & Bank
- 3
- 32
- Total Assets
- 411
- Total Debt
- 119
- Net Working Capital
- -45
- Contingent Liabilities
- 43
- Book Value per Share
- 117.19
- Face Value
- 10.00
- Total Debt
- 119
- Net Working Capital
- -45
- Contingent Liabilities
- 43
- Book Value per Share
- 117.19
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 7
- 166
- 65
- Trade Payables
- 76
- 120
- Total Liabilities
- 435
- 254
- Capital Work in Progress
- 7
- 3
- 97
- 0
- Cash & Bank
- 3
- 71
- Total Assets
- 435
- Total Debt
- 141
- Net Working Capital
- -5
- Contingent Liabilities
- 32
- Book Value per Share
- 136.09
- Face Value
- 10.00
- Total Debt
- 141
- Net Working Capital
- -5
- Contingent Liabilities
- 32
- Book Value per Share
- 136.09
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 7
- 196
- 82
- Trade Payables
- 65
- 116
- Total Liabilities
- 466
- 262
- Capital Work in Progress
- 13
- 3
- 118
- 0
- Cash & Bank
- 3
- 66
- Total Assets
- 466
- Total Debt
- 147
- Net Working Capital
- -3
- Contingent Liabilities
- 45
- Book Value per Share
- 177.99
- Face Value
- 10.00
- Total Debt
- 147
- Net Working Capital
- -3
- Contingent Liabilities
- 45
- Book Value per Share
- 177.99
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 7
- 227
- 111
- Trade Payables
- 81
- 113
- Total Liabilities
- 540
- 301
- Capital Work in Progress
- 9
- 3
- 146
- 0
- Cash & Bank
- 16
- 66
- Total Assets
- 540
- Total Debt
- 171
- Net Working Capital
- -14
- Contingent Liabilities
- 44
- Book Value per Share
- 220.68
- Face Value
- 10.00
- Total Debt
- 171
- Net Working Capital
- -14
- Contingent Liabilities
- 44
- Book Value per Share
- 220.68
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 7
- 203
- 81
- Trade Payables
- 102
- 108
- Total Liabilities
- 501
- 300
- Capital Work in Progress
- 5
- 3
- 126
- 0
- Cash & Bank
- 19
- 48
- Total Assets
- 501
- Total Debt
- 141
- Net Working Capital
- -27
- Contingent Liabilities
- 31
- Book Value per Share
- 187.18
- Face Value
- 10.00
- Total Debt
- 141
- Net Working Capital
- -27
- Contingent Liabilities
- 31
- Book Value per Share
- 187.18
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 7
- 212
- 86
- Trade Payables
- 72
- 132
- Total Liabilities
- 510
- 293
- Capital Work in Progress
- 3
- 3
- 143
- 0
- Cash & Bank
- 9
- 59
- Total Assets
- 510
- Total Debt
- 170
- Net Working Capital
- 16
- Contingent Liabilities
- 18
- Book Value per Share
- 200.61
- Face Value
- 10.00
- Total Debt
- 170
- Net Working Capital
- 16
- Contingent Liabilities
- 18
- Book Value per Share
- 200.61
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 7
- 282
- 130
- Trade Payables
- 78
- 130
- Total Liabilities
- 627
- 301
- Capital Work in Progress
- 19
- 8
- 223
- 0
- Cash & Bank
- 11
- 65
- Total Assets
- 627
- Total Debt
- 197
- Net Working Capital
- 37
- Contingent Liabilities
- 13
- Book Value per Share
- 297.59
- Face Value
- 10.00
- Total Debt
- 197
- Net Working Capital
- 37
- Contingent Liabilities
- 13
- Book Value per Share
- 297.59
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 7
- 375
- 52
- Trade Payables
- 79
- 132
- Total Liabilities
- 645
- 337
- Capital Work in Progress
- 11
- 8
- 190
- 58
- Cash & Bank
- 10
- 31
- Total Assets
- 645
- Total Debt
- 112
- Net Working Capital
- 95
- Contingent Liabilities
- 36
- Book Value per Share
- 427.48
- Face Value
- 10.00
- Total Debt
- 112
- Net Working Capital
- 95
- Contingent Liabilities
- 36
- Book Value per Share
- 427.48
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 7
- 488
- 23
- Trade Payables
- 103
- 137
- Total Liabilities
- 758
- 343
- Capital Work in Progress
- 8
- 8
- 235
- 112
- Cash & Bank
- 6
- 45
- Total Assets
- 758
- Total Debt
- 78
- Net Working Capital
- 200
- Contingent Liabilities
- 5
- Book Value per Share
- 583.76
- Face Value
- 10.00
- Total Debt
- 78
- Net Working Capital
- 200
- Contingent Liabilities
- 5
- Book Value per Share
- 583.76
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 7
- 572
- 0
- Trade Payables
- 104
- 141
- Total Liabilities
- 824
- 330
- Capital Work in Progress
- 19
- 23
- 218
- 122
- Cash & Bank
- 15
- 98
- Total Assets
- 824
- Total Debt
- 62
- Net Working Capital
- 259
- Contingent Liabilities
- 4
- Book Value per Share
- 700.60
- Face Value
- 10.00
- Total Debt
- 62
- Net Working Capital
- 259
- Contingent Liabilities
- 4
- Book Value per Share
- 700.60
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 43 | 18 | 39 | 48 | 62 | -5 | 33 | 138 | 76 | 128 | |
| Cash from Investing | -23 | -24 | -29 | -50 | -10 | -10 | -42 | -41 | -28 | -79 |
| Cash from Financing | -20 | 6 | -10 | 9 | -50 | 9 | 12 | -102 | -47 | -42 |
| 0 | -0 | -0 | 6 | 2 | -6 | 3 | -5 | 1 | 7 | |
| Free Cash Flow | 26 | -3 | 10 | -5 | 51 | -12 | -8 | 98 | 53 | 118 |
| OCF / Net Profit | 2.59 | 1.21 | 1.23 | 1.48 | -2.58 | -0.47 | 0.46 | 1.44 | 0.67 | 1.31 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 78 | 40 | 35 | 123 | 181 | 248 |
| OCF / Net Profit | 2.59 | 1.21 | 1.23 | 1.48 | -2.58 | -0.47 | 0.46 | 1.44 | 0.67 | 1.31 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 78 | 40 | 35 | 123 | 181 | 248 |
Mar 2017
- 43
- Cash from Investing
- -23
- Cash from Financing
- -20
- 0
- Free Cash Flow
- 26
- OCF / Net Profit
- 2.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.59
- Cumulative 5-Year FCF
- 0
Mar 2018
- 18
- Cash from Investing
- -24
- Cash from Financing
- 6
- -0
- Free Cash Flow
- -3
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
Mar 2019
- 39
- Cash from Investing
- -29
- Cash from Financing
- -10
- -0
- Free Cash Flow
- 10
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 0
Mar 2020
- 48
- Cash from Investing
- -50
- Cash from Financing
- 9
- 6
- Free Cash Flow
- -5
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
Mar 2021
- 62
- Cash from Investing
- -10
- Cash from Financing
- -50
- 2
- Free Cash Flow
- 51
- OCF / Net Profit
- -2.58
- Cumulative 5-Year FCF
- 78
- OCF / Net Profit
- -2.58
- Cumulative 5-Year FCF
- 78
Mar 2022
- -5
- Cash from Investing
- -10
- Cash from Financing
- 9
- -6
- Free Cash Flow
- -12
- OCF / Net Profit
- -0.47
- Cumulative 5-Year FCF
- 40
- OCF / Net Profit
- -0.47
- Cumulative 5-Year FCF
- 40
Mar 2023
- 33
- Cash from Investing
- -42
- Cash from Financing
- 12
- 3
- Free Cash Flow
- -8
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 35
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 35
Mar 2024
- 138
- Cash from Investing
- -41
- Cash from Financing
- -102
- -5
- Free Cash Flow
- 98
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 123
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 123
Mar 2025
- 76
- Cash from Investing
- -28
- Cash from Financing
- -47
- 1
- Free Cash Flow
- 53
- OCF / Net Profit
- 0.67
- Cumulative 5-Year FCF
- 181
- OCF / Net Profit
- 0.67
- Cumulative 5-Year FCF
- 181
Mar 2026
- 128
- Cash from Investing
- -79
- Cash from Financing
- -42
- 7
- Free Cash Flow
- 118
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- 248
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- 248
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 23.14 | 20.65 | 43.80 | 44.73 | -33.53 | 14.39 | 100.04 | 133.30 | 158.39 | 136.31 |
| Book Value (₹) | 117.19 | 136.09 | 177.99 | 220.68 | 187.18 | 200.61 | 297.59 | 427.48 | 583.76 | 700.60 |
| 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 (₹) | 43.78 | 42.89 | 66.89 | 70.99 | -8.09 | 41.16 | 128.18 | 165.49 | 193.98 | 176.51 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.89% | 10.18% | 15.57% | 13.05% | 1.86% | 9.40% | 14.43% | 16.66% | 16.94% | 13.06% |
| Net Margin % | 3.43% | 2.83% | 6.19% | 6.17% | -6.73% | 1.90% | 8.01% | 10.49% | 11.23% | 8.82% |
| ROE % | 21.85% | 16.31% | 27.89% | 22.44% | -16.44% | 7.42% | 40.17% | 36.77% | 31.33% | 21.23% |
| ROCE % | 21.76% | 16.93% | 24.37% | 16.46% | -3.84% | 10.85% | 30.14% | 34.33% | 35.19% | 26.48% |
| 4.28% | 3.51% | 6.99% | 6.39% | -4.63% | 2.04% | 12.64% | 15.06% | 16.24% | 12.39% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 14 | 21 | 28 | 23 | 28 | 19 | 15 | 19 | 31 | 39 |
| Inventory Days | 80 | 75 | 77 | 92 | 139 | 90 | 74 | 82 | 77 | 74 |
| Payable Days | 90 | 94 | 91 | 90 | 150 | 97 | 52 | 54 | 74 | 71 |
| 5 | 2 | 15 | 26 | 16 | 12 | 37 | 47 | 33 | 42 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.41x | 1.45x | 1.15x | 1.08x | 1.05x | 1.18x | 0.92x | 0.36x | 0.19x | 0.12x |
| Interest Coverage (x) | 2.68x | 2.46x | 4.50x | 3.34x | -0.58x | 1.79x | 8.49x | 10.20x | 19.43x | 16.24x |
| 0.77x | 0.97x | 0.98x | 0.94x | 0.87x | 1.08x | 1.15x | 1.51x | 2.13x | 2.73x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 6.40% | 8.94% | -1.58% | 1.89% | -30.99% | 52.61% | 64.80% | 1.77% | 11.06% | 9.47% |
| Operating Profit Growth % | -2.31% | -7.18% | 48.19% | -14.14% | -90.20% | 669.35% | 152.75% | 27.86% | 12.79% | -9.19% |
| Net Profit Growth % | 15.87% | -10.74% | 112.08% | 2.11% | -174.96% | 142.93% | 595.36% | 33.24% | 18.82% | -13.94% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 33.24% | 18.82% | -13.94% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 32.60x | 29.01x | 30.01x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.17x | 7.87x | 5.84x |
| 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 | 19.47x | 18.06x | 17.61x |
Mar 2017
- EPS (₹)
- 23.14
- Book Value (₹)
- 117.19
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 43.78
- Operating Margin %
- 11.89%
- Net Margin %
- 3.43%
- ROE %
- 21.85%
- ROCE %
- 21.76%
- 4.28%
- Debtor Days
- 14
- Inventory Days
- 80
- Payable Days
- 90
- 5
- Debt to Equity (x)
- 1.41x
- Interest Coverage (x)
- 2.68x
- 0.77x
- Revenue Growth %
- 6.40%
- Operating Profit Growth %
- -2.31%
- Net Profit Growth %
- 15.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 20.65
- Book Value (₹)
- 136.09
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 42.89
- Operating Margin %
- 10.18%
- Net Margin %
- 2.83%
- ROE %
- 16.31%
- ROCE %
- 16.93%
- 3.51%
- Debtor Days
- 21
- Inventory Days
- 75
- Payable Days
- 94
- 2
- Debt to Equity (x)
- 1.45x
- Interest Coverage (x)
- 2.46x
- 0.97x
- Revenue Growth %
- 8.94%
- Operating Profit Growth %
- -7.18%
- Net Profit Growth %
- -10.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 43.80
- Book Value (₹)
- 177.99
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 66.89
- Operating Margin %
- 15.57%
- Net Margin %
- 6.19%
- ROE %
- 27.89%
- ROCE %
- 24.37%
- 6.99%
- Debtor Days
- 28
- Inventory Days
- 77
- Payable Days
- 91
- 15
- Debt to Equity (x)
- 1.15x
- Interest Coverage (x)
- 4.50x
- 0.98x
- Revenue Growth %
- -1.58%
- Operating Profit Growth %
- 48.19%
- Net Profit Growth %
- 112.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 44.73
- Book Value (₹)
- 220.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 70.99
- Operating Margin %
- 13.05%
- Net Margin %
- 6.17%
- ROE %
- 22.44%
- ROCE %
- 16.46%
- 6.39%
- Debtor Days
- 23
- Inventory Days
- 92
- Payable Days
- 90
- 26
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 3.34x
- 0.94x
- Revenue Growth %
- 1.89%
- Operating Profit Growth %
- -14.14%
- Net Profit Growth %
- 2.11%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -33.53
- Book Value (₹)
- 187.18
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -8.09
- Operating Margin %
- 1.86%
- Net Margin %
- -6.73%
- ROE %
- -16.44%
- ROCE %
- -3.84%
- -4.63%
- Debtor Days
- 28
- Inventory Days
- 139
- Payable Days
- 150
- 16
- Debt to Equity (x)
- 1.05x
- Interest Coverage (x)
- -0.58x
- 0.87x
- Revenue Growth %
- -30.99%
- Operating Profit Growth %
- -90.20%
- Net Profit Growth %
- -174.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 14.39
- Book Value (₹)
- 200.61
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 41.16
- Operating Margin %
- 9.40%
- Net Margin %
- 1.90%
- ROE %
- 7.42%
- ROCE %
- 10.85%
- 2.04%
- Debtor Days
- 19
- Inventory Days
- 90
- Payable Days
- 97
- 12
- Debt to Equity (x)
- 1.18x
- Interest Coverage (x)
- 1.79x
- 1.08x
- Revenue Growth %
- 52.61%
- Operating Profit Growth %
- 669.35%
- Net Profit Growth %
- 142.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 100.04
- Book Value (₹)
- 297.59
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 128.18
- Operating Margin %
- 14.43%
- Net Margin %
- 8.01%
- ROE %
- 40.17%
- ROCE %
- 30.14%
- 12.64%
- Debtor Days
- 15
- Inventory Days
- 74
- Payable Days
- 52
- 37
- Debt to Equity (x)
- 0.92x
- Interest Coverage (x)
- 8.49x
- 1.15x
- Revenue Growth %
- 64.80%
- Operating Profit Growth %
- 152.75%
- Net Profit Growth %
- 595.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 133.30
- Book Value (₹)
- 427.48
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 165.49
- Operating Margin %
- 16.66%
- Net Margin %
- 10.49%
- ROE %
- 36.77%
- ROCE %
- 34.33%
- 15.06%
- Debtor Days
- 19
- Inventory Days
- 82
- Payable Days
- 54
- 47
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 10.20x
- 1.51x
- Revenue Growth %
- 1.77%
- Operating Profit Growth %
- 27.86%
- Net Profit Growth %
- 33.24%
- 33.24%
- P/E (x)
- 32.60x
- P/B (x)
- 10.17x
- Dividend Yield %
- 0.03%
- 19.47x
Mar 2025
- EPS (₹)
- 158.39
- Book Value (₹)
- 583.76
- Dividend per Share (₹)
- 21.00
- Cash EPS (₹)
- 193.98
- Operating Margin %
- 16.94%
- Net Margin %
- 11.23%
- ROE %
- 31.33%
- ROCE %
- 35.19%
- 16.24%
- Debtor Days
- 31
- Inventory Days
- 77
- Payable Days
- 74
- 33
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 19.43x
- 2.13x
- Revenue Growth %
- 11.06%
- Operating Profit Growth %
- 12.79%
- Net Profit Growth %
- 18.82%
- 18.82%
- P/E (x)
- 29.01x
- P/B (x)
- 7.87x
- Dividend Yield %
- 0.46%
- 18.06x
Mar 2026
- EPS (₹)
- 136.31
- Book Value (₹)
- 700.60
- Dividend per Share (₹)
- 43.00
- Cash EPS (₹)
- 176.51
- Operating Margin %
- 13.06%
- Net Margin %
- 8.82%
- ROE %
- 21.23%
- ROCE %
- 26.48%
- 12.39%
- Debtor Days
- 39
- Inventory Days
- 74
- Payable Days
- 71
- 42
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 16.24x
- 2.73x
- Revenue Growth %
- 9.47%
- Operating Profit Growth %
- -9.19%
- Net Profit Growth %
- -13.94%
- -13.94%
- P/E (x)
- 30.01x
- P/B (x)
- 5.84x
- Dividend Yield %
- 1.05%
- 17.61x
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