Vadilal Industries
- Market cap
- ₹ 5,024 Cr.
- P/E
- 24.1x
- P/B
- 6.09x
- 52-week range
- 3,996 – 8,447
- ROE
- 20%
- ROCE
- 22%
- Dividend yield
- 0.8%
- Debt / equity
- 0.27
- Sector
- Food Products
- Industry
- Dairy Products
- Listed on
- NSE, BSE
About
Vadilal Industries Limited is an India-based company, which is engaged in the business of manufacturing ice-cream, flavored milk, frozen dessert, processed foods, other dairy products. The Company operates through food segment. The Company is also engaged in the export of ice cream, dairy products, processed food products such as frozen fruits, vegetables, pulps, ready-to-eat and ready-to-serve products. It has two ice-cream production facilities-one in Gujarat and the other in Uttar Pradesh. The Company is processing frozen fruits, vegetables and processed foods at a factory situated at Dharampur, Dist.Valsad, Gujarat. The Company exports to various countries across the globe. The Company's subsidiaries include Vadilal Industries USA (Inc.), Vadilal Cold Storage, Varood Industries Ltd., Vadilal Delight Ltd., and Vadilal Industries Pty Ltd.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Dairy Products: 15 companies →Vadilal Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)24.1 against a typical 25: cheaper than most peers (1st = cheapest).6th of 14
- Sales growth+34.1% against a typical +17% from a year earlier.3rd of 14
- Profit growth+95.5% against a typical +15% from a year earlier.1st of 11
- Share price, 3 months+4.5% against a typical +6.1%.7th of 12
- Size₹ 5,023.6 Cr. market value against a typical ₹ 822.6 Cr. (1st = largest).5th of 15
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated A+ by India Ratings- India Ratings has warned it may lower the rating soon.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND A+; IND A1+ | Rating Watch with Negative Implications | 22 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Sep 2026 | Reaffirmed | IND A+ | — | India Ratings | ₹ 400 Cr. | |
| 9 Jul 2026 | ▲ Upgrade | IND A+ | — | India Ratings | ₹ 400 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 9 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 26 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 289 | 174 | 251 | 464 | 296 | 204 | 275 | 507 | 341 | 239 | 416 | 680 |
| Expenses | 230 | 163 | 206 | 351 | 235 | 178 | 236 | 406 | 290 | 227 | 331 | 514 |
| Operating Profit | 59 | 11 | 46 | 113 | 61 | 26 | 39 | 100 | 51 | 11 | 85 | 166 |
| OPM % | 20% | 6% | 18% | 24% | 20% | 13% | 14% | 20% | 15% | 4.7% | 20% | 24% |
| Other Income | 4 | 4 | 3 | 4 | 5 | 4 | 3 | 4 | 7 | 4 | 7 | 27 |
| Interest | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 4 |
| Depreciation | 9 | 8 | 9 | 11 | 11 | 10 | 11 | 12 | 12 | 12 | 14 | 15 |
| Profit before tax | 50 | 3 | 35 | 103 | 52 | 17 | 27 | 89 | 43 | 0 | 73 | 174 |
| Tax % | 24% | −210% | 21% | 25% | 25% | 31% | 19% | 25% | 23% | 150% | 25% | 25% |
| Net Profit | 38 | 9 | 28 | 77 | 39 | 12 | 22 | 67 | 33 | 0 | 55 | 131 |
| EPS in Rs | 52.94 | 12.86 | 38.45 | 107.71 | 54.23 | 16.6 | 30.61 | 93.19 | 46.5 | −0.22 | 76.32 | 182.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 27%
- 3 Years
- 12%
- TTM
- 31%
- 10 Years
- 26%
- 5 Years
- 102%
- 3 Years
- 15%
- TTM
- 57%
- 10 Years
- 29%
- 5 Years
- 46%
- 3 Years
- 39%
- TTM
- —
- 10 Years
- 20%
- 5 Years
- 24%
- 3 Years
- 24%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Vadilal Industries | ₹ 7,590.00 | ₹ 5,024 Cr. | 24.1x | 6.1x | 20% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Himanshu Kanwar
- Chief Executive Officer
- Anil Kabra
- Chief Financial Officer
- Rashmi T. Bhatt
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.