Vadilal Industries shareholders and shareholding pattern
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 capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹5,001 Cr921st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 22.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 May 2026
- 5.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.86%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 28.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 27.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 May 2026
- 0.11
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 12,63553.4% delivered
Who owns Vadilal Industries, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters64.72%
- Foreign institutions1.41%
- Indian institutions1.63%
- Individuals and others32.24%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2016Filed 17 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 20 Jul | Sep 2017Filed 13 Oct | Dec 2017Filed 16 Jan | Mar 2018Filed 3 May | Jun 2018Filed 10 Jul | Sep 2018Filed 10 Oct | Dec 2018Filed 12 Jan | Mar 2019Filed 17 Apr | Jun 2019Filed 31 Jul | Sep 2019Filed 6 Nov | Dec 2019Filed 31 Jan | Mar 2020Filed 8 May | Jun 2020Filed 18 Jul | Sep 2020Filed 12 Oct | Dec 2020Filed 13 Jan | Mar 2021Filed 7 Apr | Jun 2021Filed 29 Jul | Sep 2021Filed 13 Oct | Dec 2021Filed 11 Jan | Mar 2022Filed 4 Apr | Jun 2022Filed 18 Jul | Sep 2022Filed 18 Oct | Dec 2022Filed 5 Jan | Mar 2023Filed 10 Apr | Jun 2023Filed 6 Jul | Sep 2023Filed 6 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 11 Apr | Jun 2024Filed 12 Jul | Sep 2024Filed 19 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 19 Apr | Jun 2025Filed 17 Jul | Sep 2025Filed 14 Oct | Dec 2025Filed 13 Jan | Mar 2026Filed 14 Apr | Jun 2026Filed 14 Jul | Sep 2026Filed 16 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 65.16% | 65.16% | 65.16% | 64.84% | 64.86% | 64.72% | 64.72% | 64.73% | 64.73% | 64.73% | 64.62% | 64.73% | 64.73% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.72% | 64.73% | 64.73% | 64.72% | |
| Indian promoters | 65.16% | 65.16% | 65.16% | 64.84% | 64.86% | 64.72% | 64.72% | 64.73% | 64.73% | 64.73% | 64.62% | 64.73% | 64.73% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.72% | 64.73% | 64.73% | 64.72% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 34.84% | 34.84% | 34.84% | 35.16% | 35.14% | 35.28% | 35.28% | 35.27% | 35.27% | 35.27% | 35.38% | 35.27% | 35.27% | 35.28% | 35.28% | 35.28% | 35.28% | 35.28% | 35.28% | 35.28% | 35.28% | 35.28% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.27% | 35.28% | 35.27% | 35.27% | 35.28% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.00% | 0.04% | 0.04% | 7.57% | 7.57% | 7.57% | 7.57% | 7.57% | 7.57% | 7.57% | 7.52% | 7.52% |
| Shares in issue | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 | 71,87,830 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Vadilal Industries promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is VADILAL INTERNATIONAL PRIVATE LIMITED, 39.09%.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| VADILAL INTERNATIONAL PRIVATE LIMITEDIndian companies, trusts and others | 39.09% | 28,09,704 | 0.00% |
| DEVANSHU L GANDHIIndian companies, trusts and others | 4.81% | 3,45,691 | 0.00% |
| VADILAL FINANCE COMPANY PRIVATE LTDIndian companies, trusts and others | 4.57% | 3,28,311 | 0.00% |
| IVG TRUST(THROUGH ITS TRUSTEE JANMAJAY GANDHI)Indian companies, trusts and others | 3.71% | 2,66,565 | 0.00% |
| VERONICA CONSTRUCTION PVT LTDIndian companies, trusts and others | 3.40% | 2,44,600 | 0.00% |
| RAJESH RAMCHANDRA GANDHIIndian companies, trusts and others | 3.17% | 2,27,721 | 100.00% |
| MAMTA RAJESH GANDHIIndian companies, trusts and others | 1.70% | 1,22,251 | 100.00% |
| GANDHI VIRENDRA RAMCHANDRA HUFIndividuals and Hindu undivided families | 1.67% | 1,19,699 | 0.00% |
| RAJESH R GANDHI HUFIndividuals and Hindu undivided families | 0.87% | 62,411 | 0.00% |
| DEVAL DEVANSHU GANDHIIndian companies, trusts and others | 0.82% | 59,266 | 0.00% |
| JANMAJAY GANDHIIndian companies, trusts and others | 0.21% | 14,893 | 0.00% |
| HEMALI PIYUSHBHAI SURATIIndian companies, trusts and others | 0.16% | 11,808 | 0.00% |
Pledged is the share of the holder's own shares pledged to a lender.
Largest public holders of Vadilal Industries, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 17 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 20 Jul | Sep 2017Filed 13 Oct | Dec 2017Filed 16 Jan | Mar 2018Filed 3 May | Jun 2018Filed 10 Jul | Sep 2018Filed 10 Oct | Dec 2018Filed 12 Jan | Mar 2019Filed 17 Apr | Jun 2019Filed 31 Jul | Sep 2019Filed 6 Nov | Dec 2019Filed 31 Jan | Mar 2020Filed 8 May | Jun 2020Filed 18 Jul | Sep 2020Filed 12 Oct | Dec 2020Filed 13 Jan | Mar 2021Filed 7 Apr | Jun 2021Filed 29 Jul | Sep 2021Filed 13 Oct | Dec 2021Filed 11 Jan | Mar 2022Filed 4 Apr | Jun 2022Filed 18 Jul | Sep 2022Filed 18 Oct | Dec 2022Filed 5 Jan | Mar 2023Filed 10 Apr | Jun 2023Filed 6 Jul | Sep 2023Filed 6 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 11 Apr | Jun 2024Filed 12 Jul | Sep 2024Filed 19 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 19 Apr | Jun 2025Filed 17 Jul | Sep 2025Filed 14 Oct | Dec 2025Filed 13 Jan | Mar 2026Filed 14 Apr | Jun 2026Filed 14 Jul | Sep 2026Filed 16 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.46% |
| PSL LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.81% | 1.66% | 1.40% |
| NIRANKAR ADVISOR LLPCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.17% | 1.13% | 1.13% | 1.13% | 1.14% | 1.14% | – | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
| Investor Education and Protection FundInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.26% | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% | – | – | – | – | – | – | – | – | – | – | – | 1.58% | 1.58% | 1.52% | 1.49% | – |
| KIFS TRADE CAPITAL PRIVATE LIMITEDCompanies | – | – | – | 2.58% | – | – | – | – | – | – | – | – | 2.46% | – | 2.75% | 2.89% | 4.23% | 2.63% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.35% | 1.14% | – | – | – |
| SHRI GAUTAM GHANDHAR ADVISORS LLPCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | – | – | – | – | – | – |
| AJAY KUMAR AGGARWALResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.11% | 1.11% | 1.11% | – | – | – | – | – | – | – | – | – | – |
| VANAJA SUNDAR IYERResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.48% | 1.48% | 1.48% | 1.48% | 1.48% | 1.41% | 1.19% | – | – | – | – | – | – | – | – | – | – | – |
| RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.15% | 2.14% | 2.85% | 1.35% | 1.60% | 3.83% | 3.84% | 3.60% | 2.09% | 1.53% | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SANJIV DHIRESHBHAI SHAHResident individuals, over ₹2 lakh at face value | 2.78% | 2.78% | 2.78% | – | – | – | – | – | – | 1.83% | 1.91% | 1.61% | – | – | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KIFS INTERNATIONAL LLPOther non-institutions | 1.12% | – | – | – | – | 1.48% | – | – | – | 1.54% | 1.54% | 1.66% | – | 1.66% | – | – | – | 1.66% | – | – | – | 1.66% | 1.60% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MUKESH RAOJIBHAI PATELResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.91% | 4.66% | 4.59% | 4.59% | 4.49% | 3.38% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KHANDWALA FINSTOCK PVT LTDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.81% | 1.78% | 1.78% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SPS SHARE BROKERS PVT.LTD.Other non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | 1.24% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KIFS TRADE CAPITAL PRIVATE LIMITED-COLLATERAL ACCOUNT FOOther non-institutions | – | – | – | – | 1.78% | – | – | 1.84% | 2.04% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ASHISH KACHOLIAResident individuals, over ₹2 lakh at face value | 5.30% | 5.30% | 5.30% | 7.21% | 7.21% | 7.21% | 7.21% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| IL and FS Securities Services LimitedOther non-institutions | – | – | – | – | – | – | 1.57% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.