Vadilal Industries logo

Vadilal Industries share price

NSE: VADILALINDBSE: 519156Food ProductsSmall Cap

Last close ₹6,958.00down ₹249.50 (3.46%)BSE ₹6,936.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹7,207.50.

52-week range of traded prices to 23 Oct 2026
₹3,996.00Low, 27 Jan 2026₹8,447.00High, 13 Aug 2026
Market cap
₹5,001 Cr921st largest listed
P/E
22.8
P/B
5.9
Dividend yield
0.86%
ROE
28.3%
ROCE
27.7%
Debt to equity
0.11
Volume, NSE
12,63553.4% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Jun 2011, adjusted for splits and bonuses

+28.0%over a year · Nifty 500 −9.8%

Results20-session average 6,546 shares a day, 45.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹680 Crup 63.54%
Net profit
₹131 Crup 138.63%
Net margin
19.2%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 15 NovDec 2024Filed 31 JanMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 12 NovDec 2025Filed 9 FebMar 2026Filed 27 MayJun 2026Filed 12 Aug
Revenue296204274506341238416680
Net profit3912226733055131
Net margin13.2%5.9%8.0%13.2%9.8%−0.1%13.2%19.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Food Segment, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 3% of 247 trading days over the last year.

LowestHighest
Its median26.8Industry median23.9
Price to book

At or below today's level on 90% of 1,922 trading days since Nov 2018.

LowestHighest
Its median4.2Industry median2.6
EV to EBITDA16.1

At or below today's level on 74% of 1,763 trading days since Nov 2018.

LowestHighest
Its median12.5Industry median14.6
Dividend yield

At or below today's level on 100% of 2,471 trading days over the last 10 years.

LowestHighest
Its median0.11%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−9.9%+3.2%−13.7%1.1%
3 years+23.5%+17.2%+5.0%0.5%
5 years+35.8%+101.8%−32.9%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters64.72%
  • Foreign institutions1.41%
  • Indian institutions1.63%
  • Individuals and others32.24%
Holder
VADILAL INTERNATIONAL PRIVATE LIMITEDPromoter39.09%
DEVANSHU L GANDHIPromoter4.81%
VADILAL FINANCE COMPANY PRIVATE LTDPromoter4.57%
IVG TRUST(THROUGH ITS TRUSTEE JANMAJAY GANDHI)Promoter3.71%
VERONICA CONSTRUCTION PVT LTDPromoter3.40%
RAJESH RAMCHANDRA GANDHIPromoter3.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

2 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Added
1
Held unchanged
1
Fund
Unifi Mutual Fund logoUnifi Flexi Cap FundUnifi Mutual Fund7,7002.34%₹5.58 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund70.01%₹51,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Dairy Products, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Vadilal Industries in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Hatsun Agro Product logoHatsun Agro ProductHATSUN22,295–11.320.0+19.1%––18.1%1.00%
Milky Mist Dairy FoodMILKYMIST20,920–––––––0.00%
Kwality Wall's (India) logoKwality Wall's (India)KWIL8,111–12.1–––––0.00%
Dodla Dairy logoDodla DairyDODLA5,86023.93.519.4+13.1%−5.0%15.9%11.9%0.51%
Heritage Foods logoHeritage FoodsHERITGFOOD3,24128.22.914.0+13.9%−33.6%10.5%10.4%0.72%
Parag Milk Foods logoParag Milk FoodsPARAGMILK3,03723.52.413.3+10.9%+8.8%11.4%10.8%0.45%
Vadilal Enterprises logoVadilal EnterprisesVADILENT82360.324.920.3+25.1%–49.3%22.6%0.02%
Sheetal Cool Products logoSheetal Cool ProductsSCPL60329.13.814.6+24.3%+43.4%14.4%17.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹43.00 a share, year to Mar 2026.
Ex-dateTypePer share
3 Sep 2026Final₹43.00
21 Aug 2026Interim₹17.00
12 Sep 2025Final₹21.00
19 Sep 2024Final₹1.50
14 Sep 2023Final₹1.50
21 Sep 2022Final₹1.25
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Vadilal Industries share price by year

Each calendar year to 2025.Vadilal Industries share price history

YearClose at year endChangeHighest closeLowest close
20254,934.00+23.6%7,346.503,455.70
20243,990.90+57.8%4,962.552,344.30
20232,529.20−3.8%3,204.651,809.60
20222,629.90+188.9%2,766.50855.85
2021910.40+19.8%1,242.95759.45
2020759.80+6.0%886.70401.05
2019716.70+33.8%825.90444.85
2018535.75−45.3%982.05404.25
2017978.65+101.5%1,116.30488.85
2016485.75−24.3%747.35407.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20267,151.007,167.006,913.506,958.007,028.9912,63553.4%
22 Oct 20267,012.007,335.507,010.507,207.507,225.069,78852.4%
21 Oct 20267,151.007,151.007,000.007,083.007,074.447,44656.2%
19 Oct 20267,205.007,298.007,086.007,151.007,144.084,67541.2%
16 Oct 20267,128.007,189.007,100.007,130.507,142.473,37050.3%
15 Oct 20267,181.507,181.507,100.007,128.007,125.703,02450.4%
14 Oct 20267,230.007,251.507,075.007,127.507,176.343,58648.0%
13 Oct 20267,285.007,288.007,155.507,230.007,211.944,98651.7%
12 Oct 20267,162.007,409.507,110.507,319.507,272.355,55447.5%
9 Oct 20267,181.007,221.007,115.507,162.007,170.643,80639.0%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Vadilal Industries Limited
NSE symbol
VADILALIND
BSE code
519156
ISIN
INE694D01016
Industry
Food Products
Listed
Feb 1990 on BSE, Jun 2011 on NSE
Face value
₹10
CIN
L91110GJ1982PLC005169
Corporate identity number, the registrar of companies' code for it