Vadilal Industries Ltd (VADILALIND) — shareholding pattern, promoter holding, financials and share price
About Vadilal Industries Ltd (VADILALIND)
Vadilal Industries Ltd operates in the Dairy Products industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as VADILALIND and on the BSE under scrip code 519156. Its ISIN is INE694D01016.
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 and processing and exporting Processed Food products, such as Frozen Fruits and Vegetables, Canned Fruit Pulp, Ready-to-eat and Ready-to serve products, etc. [2]
Vadilal Industries Limited is engaged in the manufacturing and export of ice creams, dairy products, and processed foods, including frozen fruits, vegetables, and ready-to-eat items.
The company operates multiple ice cream manufacturing plants in Gujarat and Uttar Pradesh, with a combined production capacity that has been expanding over the years.
Listed peers in Dairy Products: Kwality Walls India Ltd, Dodla Dairy Ltd, Heritage Foods Ltd, Parag Milk Foods Ltd, Vadilal Enterprises Ltd, Sheetal Cool Products Ltd.
Valuation & Returns
10 Jul 2026At ₹6,420 a share on 10 Jul 2026, Vadilal Industries Ltd (VADILALIND) was valued at a price-to-earnings ratio of 29.75x against an industry P/E of 45.12x and a price-to-book of 5.94x on a book value of ₹1,077.98 per share. Solomo computes return on equity of 18.24% and return on capital employed of 20.35% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 29.75x
- Industry P/E
- 45.12x
- P/B
- 5.94x
- EPS (TTM)
- ₹215.8
- Book value / share
- ₹1,077.98
- ROE
- 18.24%
- ROCE
- 20.35%
- ROA
- 14.15%
- Debt / equity
- 0.27x
- Dividend yield
- 0.33%
- EBITDA margin
- 18.01%
- 52-week range
- ₹3,990 – ₹6,514.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Vadilal Industries Ltd (VADILALIND) reported revenue of ₹1,503 crore, net profit of ₹155 crore and earnings per share of ₹215.78. That compares with revenue of ₹1,238 crore and net profit of ₹150 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹416 crore and net profit ₹55 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 698 | 1,058 | 1,125 | 1,238 | 1,503 |
| Net profit (₹ cr) | 45 | 96 | 146 | 150 | 155 |
| EPS (₹) | 62.19 | 133.96 | 203.05 | 209.15 | 215.78 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.27% | 14.38% | 22.95% | 10.02% |
| Profit growth | 25.88% | 28.78% | 122.46% | 3.00% |
| Stock price CAGR | 27% | 46% | 33% | 30% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 64.73% of Vadilal Industries Ltd (VADILALIND) (up 0.01 pp QoQ), foreign institutional investors (FII) hold 1.02% and domestic institutional investors (DII) hold 1.26%. Promoters have pledged 7.5% of their holding. Market capitalisation was ₹4,615 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: PSL LIMITED 1.66%, Investor Education and Protection Fund 1.49%, NIRANKAR ADVISOR LLP 1.14%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 64.73% | 7.5% | 1.02% | 1.26% | 35.27% |
| Mar 2026 | 64.72% | 7.6% | 0.58% | 0.42% | 35.28% |
| Dec 2025 | 64.72% | 7.6% | 0.57% | 0.42% | 35.28% |
| Sep 2025 | 64.73% | 7.6% | 0.57% | 0.47% | 35.27% |
| Jun 2025 | 64.73% | 7.6% | 0.76% | 0.44% | 35.27% |
| Mar 2025 | 64.73% | 7.6% | 0.68% | - | 35.27% |
| Dec 2024 | 64.73% | 7.6% | 0.3% | - | 35.27% |
| Sep 2024 | 64.73% | 7.6% | 0.35% | 0.05% | 35.27% |