Vadilal Enterprises Ltd.

BSE: VADILENT519152ISIN INE693D01018

Fast Moving Consumer Goods
Dairy Products

Share price

₹9,420.00-80.00 (-0.84%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹11,750.00
52W low: ₹8,161.00
Off 52W high: -19.83%
1M return: -4.56%
3M return: -5.73%
6M return: -6.73%
1Y return: -12.05%
20D avg volume: 8
50 DMA: ₹10,003.40
200 DMA: ₹9,936.62

Key ratios Standalone

Market cap: ₹812.63 Cr
Current price: ₹9,420.00
52W high / low: ₹11,750.00 / ₹8,161.00
Face value: ₹10.00
P/E: 53.32
P/B: 16.08
EPS (TTM): ₹176.66
Book value / share: ₹585.82
ROE: 30.15%
ROCE: 27.60%
Operating margin: 6.68%
Net margin: 3.27%
Debt / equity: 1.82
Net debt: ₹49.15 Cr
Interest cover: 2.71
Dividend yield: 0.02%
Dividend / share (TTM): ₹1.50
Payout: 0.85%
Cash conversion cycle: 4.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	375.20	703.66	291.29	144.91	264.39	516.70	223.79	136.27	245.99	513.07	188.42	131.95
	1.76	1.30	1.73	1.30	1.40	1.11	1.88	0.76	1.98	1.44	0.19	9.43
	376.96	704.96	293.02	146.21	265.79	517.81	225.67	137.03	247.97	514.51	188.61	141.38
	360.51	673.80	298.57	167.74	251.48	490.93	237.45	161.46	242.86	475.79	200.26	138.38
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	277.40	535.52	259.21	98.13	186.46	383.67	191.41	108.83	183.09	370.59	173.81	85.82
	16.01	21.20	15.98	18.15	12.80	13.58	12.97	12.09	11.12	11.24	12.62	9.96
	2.65	2.06	2.39	1.83	2.16	1.85	1.47	1.84	1.35	1.48	0.90	1.20
	5.97	5.98	5.33	5.01	4.96	4.70	4.25	4.23	4.00	3.65	3.20	3.11
	51.52	95.67	49.36	37.55	40.70	81.25	45.12	29.96	38.28	73.99	40.16	29.15
	16.45	31.16	-5.55	-21.53	14.31	26.88	-11.78	-24.43	5.11	38.72	-11.65	3.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	16.45	31.16	-5.55	-21.53	14.31	26.88	-11.78	-24.43	5.11	38.72	-11.65	3.00
	4.17	7.86	1.33	-5.41	3.62	6.78	-3.02	6.12	1.28	9.75	2.94	0.78
	12.28	23.30	-4.22	-16.12	10.69	20.10	-8.76	-18.31	3.83	28.97	-8.71	2.22
	142.35	270.09	-48.92	-186.86	123.92	233.00	-101.55	-212.25	44.40	335.82	-100.97	25.69
Key metrics
	25.07	39.20	2.17	-14.69	21.43	33.43	-6.06	-18.36	10.46	43.85	-7.55	7.31
	6.70%	5.60%	0.70%	-10.10%	8.10%	6.50%	-2.70%	-13.50%	4.30%	8.50%	-4.00%	5.50%
	3.30%	3.30%	-1.40%	-11.10%	4.00%	3.90%	-3.90%	-13.40%	1.60%	5.60%	-4.60%	1.70%
	14.70%	—	-3.90%	—	18.00%	—	-18.90%	—	—	—	—	—
	41.90%	36.20%	30.20%	6.30%	7.50%	0.70%	18.80%	3.30%	—	—	—	—
	14.90%	15.90%	51.80%	12.00%	179.10%	-30.60%	-0.60%	-924.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,515	1,217	1,119	999.14	930.09	547.50
	6.09	5.55	6.06	11.81	12.04	4.59
	1,521	1,223	1,125	1,011	942.13	552.09
	1,501	1,209	1,118	1,001	933.53	549.08
	0.00	0.00	0.00	—	—	—
	1,170	927.47	853.92	775.94	756.82	424.20
	71.34	60.51	47.42	41.37	38.64	30.82
	8.93	8.23	6.14	3.50	1.34	2.17
	22.29	20.00	16.13	12.40	11.07	11.74
	234.10	208.86	187.35	166.86	140.91	85.73
	20.53	14.11	7.62	10.05	8.60	3.00
	0.00	0.00	0.00	—	—	—
	20.53	14.11	7.62	10.05	8.60	3.00
	7.95	3.66	1.89	2.54	2.45	0.80
	15.24	10.45	5.73	7.51	6.15	2.20
	176.66	121.14	66.43	87.06	71.27	25.47
Key metrics
	51.75	42.34	29.89	25.95	21.01	16.91
	3.42%	3.50%	2.70%	2.60%	2.30%	3.10%
	1.01%	0.90%	0.50%	0.80%	0.70%	0.40%
	—	27.60%	25.30%	—	—	—
	32.77%	8.80%	12.00%	7.40%	69.90%	—
	309.68%	82.40%	-23.70%	22.10%	179.50%	—
	—	-11.57	-11.86	—	—	—
	—	4.03	5.60	—	—	—
	—	1.82	2.03	—	—	—
	—	49.15	33.58	—	—	—
	—	4.7	-2.2	—	—	—
Balance sheet
	—	349.14	280.56	—	—	—
	—	167.33	136.01	—	—	—
	—	11.03	11.66	—	—	—
	—	62.92	57.28	—	—	—
	—	57.79	41.52	—	—	—
	—	22.69	—	—	—	—
	—	150.40	94.58	—	—	—
	—	105.00	105.38	—	—	—
	—	268.18	226.10	—	—	—
	—	60.18	45.24	—	—	—
	—	14.04	15.51	—	—	—
	—	46.14	29.73	—	—	—
	—	33.09	22.27	—	—	—
Cash flow
	—	42.12	32.10	—	—	—
	—	-49.14	-39.43	—	—	—
	—	6.39	12.77	—	—	—
	—	53.69	43.96	—	—	—

Compounded growth

Sales CAGR 3Y: +9.38%
Sales CAGR 5Y: —
Profit CAGR 3Y: +19.33%
Profit CAGR 5Y: —
Sales YoY (TTM): +32.77%
Profit YoY (TTM): +309.68%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.03%

Quarter	September 2026	June 2026
Promoter %	51.03%	51.03%

Holder	Type	Holding	Previous	Change
DEVANSHU LAXMANBHAI GANDHI	Promoter	13.99%	13.99%	0.00%
IVG TRUST(THROUGH ITS TRUSTEE JANMAJAY GANDHI)	Promoter Group	10.64%	—	—
RAJESH RAMCHANDRA GANDHI	Promoter	9.13%	9.13%	0.00%
SANJIV DHIRESHBHAI SHAH	Public	6.94%	6.94%	0.00%
AXILROD PRIVATE LIMITED	Promoter Group	5.02%	5.02%	0.00%
VADILAL MARKETING PRIVATE LIMITED	Promoter Group	5.02%	5.02%	0.00%
SHREY SANJIV SHAH	Public	2.53%	2.53%	0.00%
MAMTA RAJESH GANDHI	Promoter Group	2.47%	2.47%	0.00%
RAJESH JAYANTILAL SHAH	Public	2.22%	2.22%	0.00%
BYAD PACKAGING INDUSTRIES PVT LTD	Promoter Group	2.17%	2.17%	0.00%
SHAH KRINABEN SANJIVBHAI	Public	2.05%	2.05%	0.00%
MAHARSHEE MADHUKARBHAI MUNSHAW	Public	2.03%	2.03%	0.00%
Investor Education and Protection Fund	Public	1.75%	1.77%	-0.02%
ABIR INVESTMENTS PRIVATE LIMITED	Public	1.58%	1.32%	+0.26%
GANDHI VIRENDRA RAMCHANDRA (HUF)	Promoter Group	1.35%	1.35%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hatsun Agro Products Ltd. S	23,312	1,046.55	63.47	20.20%	+19.09% TTM	+2.39% TTM	+0.74%
Milky Mist Dairy Food Limited	23,238	301.85	—	—	—	—	—
Kwality Wall’s (India) Limited S	9,335	39.73	—	-34.80%	—	—	—
Dodla Dairy Limited	5,940	984.70	27.54	15.90%	+17.12% TTM	-17.06% TTM	-20.83%
Vadilal Industries Ltd.	5,303	7,377.95	22.06	20.90%	+35.53% TTM	+78.99% TTM	+36.29%
Parag Milk Foods Limited	3,665	291.80	29.12	15.50%	+13.13% TTM	-7.12% TTM	-7.53%
Heritage Foods Limited	3,438	370.45	30.06	15.00%	+13.91% TTM	-33.80% TTM	-23.40%
Vadilal Enterprises Ltd. S	813	9,420.00	53.32	27.60%	+32.77% TTM	+309.68% TTM	-12.05%
SHEETAL COOL PRODUCTS LIMITED S	608	579.00	29.29	17.90%	+24.25% TTM	+43.47% TTM	+149.03%
Milkfood Ltd. S	248	97.01	4.57	25.80%	+6.82% TTM	+1,088.36% TTM	+30.13%
Modern Dairies Ltd. S	137	42.77	22.99	12.30%	+1.54% TTM	-92.49% TTM	-3.08%
DINDIGUL FARM PRODUCT LIMITED S	90	36.65	24.11	9.10%	—	—	+103.72%
Virat Crane Industries Ltd S	65	31.99	-9.22	-9.50%	+22.16% TTM	-677.24% TTM	-33.28%
HEALTHY LIFE AGRITEC LIMITED	26	5.15	—	9.40%	—	—	-69.05%
Tasty Dairy Specialities Limited S	7	3.28	—	-3.70%	-48.45% TTM	+50.00% TTM	-59.75%

Filings & corporate actions

Recent announcements

Regulation 30 (read with Schedule III - Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.30 Oct 2026 · Board Meeting / Outcome of Board Meeting
VOTING RESULTS (REVISED DUE TO ERROR IN XBRL FILING) FOR REMOTE E-VOTING AND EVOTING DURING THE EGM ALONG WITH THE SCRUTINIZER''S REPORT OF EXTRA ORDINARY GENERAL MEETING AND DETAILS THEREOF.28 Oct 2026 · AGM/EGM / EGM
Voting Results for Remote E-Voting and E-Voting During the EGM Along With the Scrutinizer''''s Report of Extra ordinary General Meeting and Details thereof28 Oct 2026 · AGM/EGM / EGM
Gist of Proceedings of Extra-Ordinary General Meeting of Vadilal Enterprises Limited held on October 27, 202627 Oct 2026 · AGM/EGM / EGM
Vadilal Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve the Unaudited Standalone ....26 Oct 2026 · Board Meeting / Board Meeting
Compliance- Certificate under Reg.74(5) of SEBI(DP) Regulation,2018 For the Quarter Ended 30th September,2026.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice Of Extra-Ordinary General Meeting Scheduled To Be Held On October 27, 20265 Oct 2026 · AGM/EGM / EGM
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''LODR Regulations'')30 Sep 2026 · Company Update / General
Regulation 30 (read with Schedule III - Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.30 Sep 2026 · Others / Outcome without intimation
Intimation of Closure of Trading Window As per the SEBI (Prohibition of Insider Trading),2015 For the Quarter and half year ending on September 30 2026.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation regarding update on Credit Ratings under Regulation 30 of the SEBI (LODR) Regulations, 201523 Sep 2026 · Company Update / Credit Rating
Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201510 Sep 2026 · Company Update / General
Voting Results for Remote E-Voting and E-Voting During the AGM Along With the Scrutinizer''s Report of 41st Annual General Meeting and Details thereof10 Sep 2026 · AGM/EGM / AGM
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)Regulation, 2015 - Gist of Proceedings of 41st Annual General Meeting of Vadilal Enterprises Limited held ....8 Sep 2026 · AGM/EGM / AGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Virendrabhai Ramchandra Gandhi22 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for IVG Trust22 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for IVG Trust22 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Virendrabhai Gandhi20 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Virendrabhai Ramchandra Gandhi20 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Janmajay Virendrabhai Gandhi20 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Annual Report for the Financial Year 2025-2614 Aug 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to provisions of rule 20 of the Companies (Management and Administration) Rules, 2014, the cut-off date for determining the eligibility to vote by electronic means or in the general ....13 Aug 2026 · Company Update / General
Un-Audited Financial Results for the Qtr. ended 30.06.202613 Aug 2026 · Board Meeting / Outcome of Board Meeting
Vadilal Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Unaudited Standalone Financial ....7 Aug 2026 · Board Meeting / Board Meeting
Update of Board Meeting held on 05th August,20265 Aug 2026 · Company Update / Meeting Updates
Intimation regarding Credit Ratings under Regulation 30 of the SEBI (LODR) Regulations, 201510 Jul 2026 · Company Update / Credit Rating
Certificate under Reg.74(5) of SEBI (DP) Regulations,20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window As per the SEBI (Prohibition of Insider Trading),2015 For the Quarter ending on June 30 2026.27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Structured Digital Database (SDD") Compliance Certificate for the year ended March 202629 May 2026 · Company Update / General
Regulation 30 (read with Schedule III - Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.29 May 2026 · Board Meeting / Outcome of Board Meeting
Vadilal Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve 1.To consider and approve ....22 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Compliances- Certificate under Reg.74 (5) of SEBI (DP) Regulations,2018 for the quarter ended on 31st March,202610 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window as per the SEBI (Prohibition of Insider Trading) Regulation,201530 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
unaudited financial results for the quarter ended on 31st December, 202510 Feb 2026 · Board Meeting / Outcome of Board Meeting
Vadilal Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 ,inter alia, to consider and approve Unaudited Financial Results ....4 Feb 2026 · Board Meeting / Board Meeting
Compliance under Regulation 74(5) of SEBI (DP) Regulations9 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window31 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
The Board of Directors of Vadilal Enterprises Limited (Company) at its meeting held on 11th November, 2025, has, inter alia approved the following: 1) The unaudited Financial Results of ....11 Nov 2025 · Board Meeting / Outcome of Board Meeting
Vadilal Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 ,inter alia, to consider and approve Unaudited Standalone Financial ....5 Nov 2025 · Board Meeting / Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 1.5000	1 Sep 2026	1 Sep 2026	—
Final Dividend - Rs. - 1.5000	16 Sep 2025	16 Sep 2025	—
Dividend - Rs. - 1.5000	19 Sep 2024	—	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results