VADILAL INDUSTRIES LTD (VADILALIND) financials

VADILAL INDUSTRIES LTD (VADILALIND) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Vadilal was started as a soda company in 1907, the founder Vadilal Gandhi used to make ice cream by the traditional Kothi method. Vadilal Gandhi passed on the business to his son, Ranchod Lal Gandhi, who ran a one-man operation with a hand-cranked machine, started a small retail outlet in 1926.[1]The Company is engaged in the business of manufacturing Ice-cream, Frozen Dessert, Juicy, and Candy a…

Market Cap: ₹5,159Cr.
Current Price: ₹7,175
Stock P/E: 34.1
ROE: 17.6%
ROCE: 22.2%
Book Value: ₹805
Dividend Yield: 0.60%
52W High / Low: ₹8,447/3,990

In Jun 2026, VADILAL INDUSTRIES LTD (VADILALIND) reported sales ₹584 Cr and net profit ₹107 Cr.

Annual TTM: sales ₹1,268 Cr, net profit ₹151 Cr.

Shareholding: Promoters 64.72% (Jun 2026), FIIs 1.02% (Jun 2026), DIIs 1.26% (Jun 2026), Public 33.01% (Jun 2026), No. of Shareholders 19,041% (Jun 2026).

VADILALIND quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	233	145	232	425	247	141	295	584
Expenses	196	132	201	348	228	156	232	436
Operating Profit	37	13	31	77	19	-15	63	148
OPM %	16%	9%	13%	18%	8%	-11%	21%	25%
Other Income	4	5	3	4	8	5	9	6
Interest	2	2	2	2	2	2	2	2
Depreciation	6	6	7	7	7	7	8	9
Profit before tax	33	10	26	72	18	-19	62	143
Tax %	26%	26%	26%	25%	26%	-24%	26%	25%
Net Profit	24	7	19	53	13	-14	46	107
EPS in Rs	33.79	10.39	26.52	74.24	18.43	-19.87	63.55	148.27
Raw PDF	—	—	—	—	—	—	—	—

VADILALIND profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	517	357	544	897	913	1,014	1,110	1,268
Expenses	457	362	501	779	759	841	964	1,052
Operating Profit	60	-5	43	118	153	172	145	215
OPM %	12%	-1.4%	8%	13%	17%	17%	13%	17%
Other Income	8	12	9	12	12	15	24	27
Interest	15	20	18	13	14	8	9	9
Depreciation	19	18	19	20	23	26	29	31
Profit before tax	34	-32	14	96	129	153	132	203
Tax %	7%	-24%	27%	25%	25%	26%	26%	—
Net Profit	32	-24	10	72	96	114	98	151
EPS in Rs	44.73	-33.53	14.39	100.07	133.34	158.44	136.36	210.38
Dividend Payout %	0%	0%	9%	2%	1%	13%	32%	—

VADILALIND balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	7	7	7	7	7	7	7	7
Reserves	196	227	203	212	282	375	488	572
Borrowings	147	171	148	176	203	129	94	78
Other Liabilities	116	135	143	115	136	134	169	167
Total Liabilities	466	540	501	510	627	645	758	824
Fixed Assets	263	301	300	293	301	337	343	340
CWIP	13	9	5	3	19	11	8	19
Investments	3	3	3	3	8	8	8	23
Other Assets	187	227	193	211	299	289	399	443
Total Assets	466	540	501	510	627	645	758	824

VADILALIND cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	39	48	62	-5	33	138	76	128
Cash from Investing Activity	-29	-50	-10	-10	-42	-41	-28	-79
Cash from Financing Activity	-10	9	-50	9	12	-102	-47	-42
Net Cash Flow	-0	6	2	-6	3	-5	1	7
Free Cash Flow	9	-4	48	-16	-5	95	44	61
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	80%	97%	-1,205%	-10%	42%	111%	66%	108%

VADILALIND shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	64.72%	64.72%	64.72%	64.72%	64.72%	64.72%	64.72%	64.72%
FIIs	0.35%	0.30%	0.68%	0.77%	0.57%	0.56%	0.58%	1.02%
DIIs	0.05%	0.00%	0.00%	0.44%	0.47%	0.42%	0.42%	1.26%
Public	34.88%	34.97%	34.58%	34.06%	34.23%	34.29%	34.27%	33.01%
No. of Shareholders	19,677	17,827	18,717	20,622	19,638	19,230	22,133	19,041

VADILALIND key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	24	23	22	23	15	23	40	40
Inventory Days	152	179	207	160	154	132	192	149
Days Payable	84	100	167	80	54	55	84	71
Cash Conversion Cycle	92	102	61	102	115	100	148	118
Working Capital Days	-5	-21	-47	4	10	34	70	75
ROCE %	19%	13%	-3%	9%	25%	28%	29%	22%

VADILALINDUpdated 16 Oct 2026, 11:58

Vadilal Industries Ltd

VADILALINDUpdated 16 Oct 2026, 11:58

Market Cap

₹5,159Cr.

Current Price

₹7,175

High / Low

₹8,447/3,990

Stock P/E

34.1

ROE17.6%

ROCE22.2%

Book Value₹805

Face Value₹10.0

Dividend Yield0.60%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	355	5	272	2	6	75	25	56	77.85
Sep 2023	229	3	194	4	6	30	25	23	31.46
Dec 2023	129	3	131	4	6	-6	-25	-4	-6.22
Mar 2024	199	3	164	3	6	30	26	22	30.32
Jun 2024	402	2	312	4	7	84	25	63	87.73
Sep 2024	233	2	196	4	6	33	26	24	33.79
Dec 2024	145	2	132	5	6	10	26	7	10.39
Mar 2025	232	2	201	3	7	26	26	19	26.52
Jun 2025	425	2	348	4	7	72	25	53	74.24
Sep 2025	247	2	228	8	7	18	26	13	18.43
Dec 2025	141	2	156	5	7	-19	-24	-14	-19.87
Mar 2026	295	2	232	9	8	62	26	46	63.55
Jun 2026	584	2	436	6	9	143	25	107	148.27

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	403	26	363	1	13	3	41	2	2.69
Mar 2016	444	21	387	1	13	24	40	14	19.96
Mar 2017	473	16	418	3	15	27	38	17	23.14
Mar 2018	515	15	469	7	16	22	33	15	20.66
Mar 2019	507	14	440	12	17	49	35	31	43.8
Mar 2020	517	15	457	8	19	34	7	32	44.73
Mar 2021	357	20	362	12	18	-32	-24	-24	-33.53
Mar 2022	544	18	501	9	19	14	27	10	14.39
Mar 2023	897	13	779	12	20	96	25	72	100.07
Mar 2024	913	14	759	12	23	129	25	96	133.34
Mar 2025	1014	8	841	15	26	153	26	114	158.44
Mar 2026	1110	9	964	24	29	132	26	98	136.36
TTM	1268	9	1052	27	31	203	—	151	210.38

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	64.72%
FIIs	1.02%
DIIs	1.26%
Public	33.01%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	64.72%	0.09%	0%	35.18%
Dec 2023	64.72%	0.09%	0%	35.2%
Mar 2024	64.72%	0.45%	0%	34.83%
Jun 2024	64.72%	0.38%	0%	34.9%
Sep 2024	64.72%	0.35%	0.05%	34.88%
Dec 2024	64.72%	0.3%	0%	34.97%
Mar 2025	64.72%	0.68%	0%	34.58%
Jun 2025	64.72%	0.77%	0.44%	34.06%
Sep 2025	64.72%	0.57%	0.47%	34.23%
Dec 2025	64.72%	0.56%	0.42%	34.29%
Mar 2026	64.72%	0.58%	0.42%	34.27%
Jun 2026	64.72%	1.02%	1.26%	33.01%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	7	108	152	103	369	224	1	1	143	369
Mar 2016	7	121	122	116	366	223	1	2	141	366
Mar 2017	7	152	119	132	411	250	5	2	155	411
Mar 2018	7	166	141	121	435	254	7	3	171	435
Mar 2019	7	196	147	116	466	263	13	3	187	466
Mar 2020	7	227	171	135	540	301	9	3	227	540
Mar 2021	7	203	148	143	501	300	5	3	193	501
Mar 2022	7	212	176	115	510	293	3	3	211	510
Mar 2023	7	282	203	136	627	301	19	8	299	627
Mar 2024	7	375	129	134	645	337	11	8	289	645
Mar 2025	7	488	94	169	758	343	8	8	399	758
Mar 2026	7	572	78	167	824	340	19	23	443	824

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	50	-7	-41	1
Mar 2016	64	-11	-53	-1
Mar 2017	43	-23	-20	0
Mar 2018	18	-24	6	0
Mar 2019	39	-29	-10	0
Mar 2020	48	-50	9	6
Mar 2021	62	-10	-50	2
Mar 2022	-5	-10	9	-6
Mar 2023	33	-42	12	3
Mar 2024	138	-41	-102	-5
Mar 2025	76	-28	-47	1
Mar 2026	128	-79	-42	7

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	16	19	11	32	24	23	22	23	15	23	40	40
Inventory Days	180	137	131	115	152	179	207	160	154	132	192	149
Days Payable	122	104	91	90	84	100	167	80	54	55	84	71
Cash Conversion Cycle	74	52	51	56	92	102	61	102	115	100	148	118
Working Capital Days	-50	-41	-37	-6	-5	-21	-47	4	10	34	70	75
ROCE %	11%	17%	16%	13%	19%	13%	-3%	9%	25%	28%	29%	22%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of VADILAL INDUSTRIES LTD (VADILALIND)?

The reported market capitalisation for VADILAL INDUSTRIES LTD (VADILALIND) is ₹5,159Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of VADILALIND?

The current price shown for VADILAL INDUSTRIES LTD (VADILALIND) on Fincrux is ₹7,175 with a 52-week high/low of ₹8,447/3,990.

What is the P/E ratio of VADILAL INDUSTRIES LTD (VADILALIND)?

The stock P/E for VADILAL INDUSTRIES LTD (VADILALIND) is 34.1 on Fincrux, with ROE at 17.6% and ROCE at 22.2%.

What were VADILALIND latest quarterly results?

For Jun 2026, VADILAL INDUSTRIES LTD (VADILALIND) reported sales ₹584 Cr and net profit ₹107 Cr (figures in ₹ crore unless noted).

What are VADILALIND annual sales and net profit?

For TTM, VADILAL INDUSTRIES LTD (VADILALIND) shows sales of ₹1,268 Cr and net profit of ₹151 Cr on the Fincrux profit & loss statement.

Who owns VADILAL INDUSTRIES LTD (VADILALIND)?

Latest shareholding for VADILAL INDUSTRIES LTD (VADILALIND) on Fincrux: Promoters 64.72% (Jun 2026), FIIs 1.02% (Jun 2026), DIIs 1.26% (Jun 2026), Public 33.01% (Jun 2026), No. of Shareholders 19,041% (Jun 2026).

Where can I find VADILAL INDUSTRIES LTD (VADILALIND) financials?

VADILAL INDUSTRIES LTD (VADILALIND) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show VADILALIND balance sheet and cash flow?

Yes. The VADILAL INDUSTRIES LTD (VADILALIND) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 16 October 2026 at 11:58