Veedol Corporation Ltd (VEEDOL) — shareholding pattern, promoter holding, financials and share price
About Veedol Corporation Ltd (VEEDOL)
Veedol Corporation Ltd operates in the Lubricants industry, within the Oil, Gas & Consumable Fuels sector. It trades on the NSE as VEEDOL and on the BSE under scrip code 590005. Its ISIN is INE484C01030.
Tide Water Oil Co. Ltd. is a leading manufacturer and marketer of lubricants in over 65 countries around the globe. In India, it has been catering to both automotive and industrial segments since 1928 under the brand “Veedol''. [1]
Veedol Corporation Limited is part of the Andrew Yule group, specializing in the manufacturing and selling of engine lubricants for automotive and industrial applications in India.
Veedol markets its products under the VEEDOL brand, recognized for quality and variety, with technical collaborations for additional products under the ENEOS brand.
Listed peers in Lubricants: Gulf Oil Lubricants India Ltd, Savita Oil Technologies Ltd, Panama Petrochem Ltd, Gandhar Oil Refinery (India) Ltd, GP Petroleums Ltd, Greenhitech Ventures Ltd.
Valuation & Returns
10 Jul 2026At ₹1,456.4 a share on 10 Jul 2026, Veedol Corporation Ltd (VEEDOL) was valued at a price-to-earnings ratio of 13.24x against an industry P/E of 13.27x and a price-to-book of 2.78x on a book value of ₹524.59 per share as of Mar 2025. Solomo computes return on equity of 20.96% and return on capital employed of 25.73% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 13.24x
- Industry P/E
- 13.27x
- P/B
- 2.78x
- EPS (TTM)
- ₹109.97
- Book value / share
- ₹524.59
- ROE
- 20.96%
- ROCE
- 25.73%
- ROA
- 15.3%
- Debt / equity
- 0.02x
- Dividend yield
- 2.47%
- EBITDA margin
- 12.68%
- 52-week range
- ₹1,239 – ₹2,026.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Veedol Corporation Ltd (VEEDOL) reported revenue of ₹2,169 crore, net profit of ₹192 crore and earnings per share of ₹109.97. That compares with revenue of ₹1,970 crore and net profit of ₹169 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹607 crore and net profit ₹57 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,536 | 1,854 | 1,933 | 1,970 | 2,169 |
| Net profit (₹ cr) | 123 | 115 | 143 | 169 | 192 |
| EPS (₹) | 70.54 | 65.76 | 82.03 | 96.85 | 109.97 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.73% | 6.26% | 6.97% | 1.96% |
| Profit growth | 4.62% | 3.39% | 5.42% | 18.06% |
| Stock price CAGR | 3% | -14% | 10% | -15% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 64.58% of Veedol Corporation Ltd (VEEDOL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.02% and domestic institutional investors (DII) hold 1.16%. Market capitalisation was ₹2,538 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2002.
Largest disclosed public shareholders in Jun 2026: HUF 1.89%, LICI ASM NON PAR 1.12%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 64.58% | - | 1.02% | 1.16% | 32.95% |
| Mar 2026 | 64.58% | - | 1.06% | 1.17% | 32.95% |
| Dec 2025 | 64.58% | - | 1.17% | 1.17% | 32.95% |
| Sep 2025 | 64.58% | - | 1.37% | 1.17% | 32.95% |
| Jun 2025 | 62.35% | - | 1.14% | 1.17% | 35.19% |
| Mar 2025 | 64.29% | - | 1.26% | 1.17% | 33.25% |
| Dec 2024 | 64.29% | - | 1.46% | 1.28% | 33.25% |
| Sep 2024 | 64.29% | - | 1.71% | 1.24% | 33.25% |