VEEDOLUpdated 1 Sept 2026, 8:55

Veedol Corporation Ltd

VEEDOLUpdated 1 Sept 2026, 8:55

Market Cap

₹2,566Cr.

Current Price

₹1,473

High / Low

₹2,035/1,238

Stock P/E

17.7

ROE17.3%

ROCE18.2%

Book Value₹456

Face Value₹2.00

Dividend Yield3.94%

About

Veedol Corporation Ltd, formerly Tide WaterOil Co. (India) Ltd, manufactures and markets automotive, OEM and industrial lubricants, greases, transmission fluids, coolants, EV fluids and vehicle-care products under the Veedol and ENEOS brands. It operates five Indian plants, has subsidiaries in the UK and UAE and sells across 70+ countries.[1][2]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Jun 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

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	57	57	58	47	45	34	38	40	36	34	45	43
Inventory Days	90	111	129	100	88	110	171	118	99	90	113	102
Days Payable	53	86	93	88	75	78	100	70	57	36	39	46
Cash Conversion Cycle	94	83	95	59	58	66	108	88	78	88	119	99
Working Capital Days	71	64	78	67	63	60	82	72	60	96	102	73
ROCE %	21%	28%	25%	23%	23%	22%	23%	20%	16%	20%	19%	18%

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

Last updated 1 September 2026 at 8:55

VEEDOL CORPORATION LTD (VEEDOL) financials — quarterly results, P&L, cash flow, balance sheet, shareholding