VEEDOL CORPORATION LIMITED

BSE: VEEDOL590005ISIN INE484C01030

Energy
Lubricants
BSE Energy

Share price

₹1,417.65+8.60 (+0.61%)

as of 4 Nov 2026

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

52W high: ₹1,827.20
52W low: ₹1,239.00
Off 52W high: -22.41%
1M return: +4.86%
3M return: -1.44%
6M return: -3.03%
1Y return: -19.83%
20D avg volume: 1,047
50 DMA: ₹1,390.40
200 DMA: ₹1,416.84

Key ratios Consolidated

Market cap: ₹2,470 Cr
Current price: ₹1,417.65
52W high / low: ₹1,827.20 / ₹1,239.00
Face value: ₹2.00
P/E: 11.23
P/B: —
EPS (TTM): ₹126.19
Book value / share: —
ROE: —
ROCE: 19.30%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-168.10 Cr
Interest cover: 88.07
Dividend yield: 4.09%
Dividend / share (TTM): ₹58.00
Payout: 45.96%
Cash conversion cycle: 78.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	608.57	606.98	537.73	509.23	513.62	531.91	482.42	476.22	478.87	486.82	496.45	474.18
	3.90	3.91	5.17	3.84	5.75	3.55	4.72	3.38	7.82	8.16	3.98	5.04
	612.47	610.89	542.90	513.07	519.37	535.46	487.14	479.60	486.69	494.98	500.43	479.22
	518.90	554.70	495.28	464.93	463.22	473.19	452.17	439.55	443.26	443.63	459.58	436.79
	334.61	303.27	290.55	236.39	276.10	285.18	257.31	237.74	263.20	270.52	276.00	261.83
	55.52	36.27	32.89	55.55	27.14	33.41	35.00	51.56	38.23	32.37	30.69	32.23
	43.16	45.34	41.77	40.20	38.34	36.06	37.67	34.68	30.82	34.17	37.11	33.92
	0.44	0.71	0.45	0.62	0.61	0.75	0.94	1.18	0.68	0.28	0.85	0.34
	8.02	9.55	8.69	8.15	7.76	8.19	6.92	8.30	5.11	3.77	3.89	3.84
	133.91	140.04	127.06	113.27	121.03	109.52	—	—	—	—	—	—
	93.57	56.19	47.62	48.14	56.15	62.27	34.97	40.05	43.43	51.35	40.85	42.43
	0.00	0.00	0.00	0.00	0.00	0.00	-6.56	0.00	0.00	0.00	0.00	0.00
	93.57	56.19	47.62	48.14	56.15	62.27	28.41	40.05	43.43	51.35	40.85	42.43
	23.87	6.44	12.01	14.31	14.05	8.99	0.38	11.48	12.77	12.53	11.03	9.89
	77.92	57.46	43.55	40.94	49.67	59.70	37.34	34.60	37.11	42.92	33.56	35.22
	45.85	33.81	25.63	24.09	29.23	35.12	21.97	20.36	21.84	25.25	19.75	20.73
Key metrics
	102.03	66.45	56.76	56.91	64.52	71.21	36.27	49.53	49.22	55.40	45.59	46.61
	16.80%	10.90%	10.60%	11.20%	12.60%	13.40%	7.50%	10.40%	10.30%	11.40%	9.20%	9.80%
	12.80%	9.50%	8.10%	8.00%	9.70%	11.20%	7.70%	7.30%	7.70%	8.80%	6.80%	7.40%
	—	5.20%	—	4.60%	—	6.40%	—	—	—	—	—	—
	18.50%	14.10%	11.50%	6.90%	7.30%	9.30%	-2.80%	0.40%	—	—	—	—
	56.90%	-3.80%	16.60%	18.30%	33.80%	39.10%	11.30%	-1.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY22
Income statement
	2,263	2,169	1,970	1,931	1,536
	16.82	17.69	18.38	21.95	19.65
	2,279	2,186	1,989	1,953	1,555
	2,034	1,978	1,808	1,779	1,406
	1,165	1,106	1,048	1,080	886.23
	180.23	151.85	158.20	130.33	105.81
	170.47	165.65	134.80	139.74	111.60
	2.22	2.39	3.55	1.79	1.60
	34.41	34.15	28.52	15.23	15.47
	514.28	501.40	468.61	—	—
	245.52	208.10	180.72	173.88	149.84
	0.00	0.00	-6.56	0.00	0.00
	245.52	208.10	174.16	173.88	149.84
	56.63	46.81	32.86	44.24	37.20
	219.87	191.62	168.75	142.93	122.91
	129.38	112.75	99.29	84.10	72.32
Key metrics
	282.15	244.64	206.23	190.90	166.91
	12.47%	11.30%	10.50%	9.90%	10.90%
	9.72%	8.80%	8.60%	7.40%	8.00%
	—	19.30%	17.90%	—	—
	12.89%	10.10%	2.00%	25.80%	—
	21.27%	13.60%	18.10%	16.30%	—
	—	159.20	-12.46	—	—
	—	1.01	0.18	—	—
	—	0.00	0.00	—	—
	—	-168.10	-43.08	—	—
	—	78.0	84.8	—	—
Balance sheet
	—	1,406	1,253	—	—
	—	944.67	811.42	—	—
	—	168.10	43.08	—	—
	—	345.34	290.32	—	—
	—	324.65	333.24	—	—
	—	30.65	38.53	—	—
	—	220.57	206.84	—	—
	—	206.29	165.67	—	—
	—	313.04	262.38	—	—
	—	0.00	0.00	—	—
	—	0.00	0.00	—	—
	—	0.00	0.00	—	—
	—	1,036	914.05	—	—
Cash flow
	—	193.79	29.72	—	—
	—	47.24	72.08	—	—
	—	-121.96	-98.89	—	—
	—	34.59	42.18	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	392.30	427.66	395.02	351.51	372.77	397.86	385.63	364.48	378.24	387.36	403.56	381.19
	17.75	37.78	37.94	27.19	12.58	19.80	23.29	13.61	19.99	18.86	13.20	11.25
	410.05	465.44	432.96	378.70	385.35	417.66	408.92	378.09	398.23	406.22	416.76	392.44
	379.97	421.35	385.42	347.54	365.65	370.26	373.98	353.24	364.49	361.42	383.75	366.09
	235.95	226.07	221.66	169.23	214.21	225.58	206.58	188.84	220.92	227.77	233.04	220.39
	33.78	18.21	17.65	38.39	14.39	19.05	23.31	38.20	24.91	16.98	19.33	17.79
	29.49	30.31	28.66	27.17	25.71	24.85	27.57	24.04	21.26	24.73	28.01	25.41
	0.39	0.69	0.45	0.53	0.59	0.74	0.88	1.18	0.66	0.24	0.32	0.30
	4.80	6.49	5.95	5.80	5.57	6.06	5.55	6.74	3.62	2.41	2.46	2.49
	114.73	122.62	112.01	97.43	105.09	95.23	—	—	—	—	—	—
	30.08	44.09	47.54	31.16	19.70	47.40	34.94	24.85	33.74	44.80	33.01	26.35
	0.00	0.00	0.00	0.00	0.00	0.00	-6.56	—	—	—	—	—
	30.08	44.09	47.54	31.16	19.70	47.40	28.38	24.85	33.74	44.80	33.01	26.35
	3.90	-4.75	3.90	4.77	3.41	2.42	5.24	5.35	6.96	7.64	6.76	5.39
	26.18	48.84	43.64	26.39	16.29	44.98	33.62	19.50	26.78	37.16	26.25	20.96
	15.40	28.74	25.68	15.52	9.59	26.47	19.78	11.47	15.76	21.87	15.45	12.34
Key metrics
	35.27	51.27	53.94	37.49	25.86	54.20	34.81	32.77	38.02	47.45	35.79	29.14
	9.00%	12.00%	13.70%	10.70%	6.90%	13.60%	9.00%	9.00%	10.10%	12.20%	8.90%	7.60%
	6.70%	11.40%	11.00%	7.50%	4.40%	11.30%	8.70%	5.40%	7.10%	9.60%	6.50%	5.50%
	—	5.30%	—	3.90%	—	5.90%	—	—	—	—	—	—
	5.20%	7.50%	2.40%	-3.60%	-1.40%	2.70%	-4.40%	-4.40%	—	—	—	—
	60.70%	8.60%	29.80%	35.30%	-39.20%	21.00%	28.10%	-7.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY22
Income statement
	1,566	1,547	1,527	1,555	1,248
	120.66	115.49	75.60	57.20	45.78
	1,687	1,662	1,603	1,612	1,293
	1,534	1,520	1,462	1,475	1,157
	852.91	831.17	846.29	908.59	724.61
	108.03	88.64	105.47	76.86	60.79
	115.63	111.85	93.29	104.31	85.73
	2.06	2.26	3.46	1.16	1.31
	23.04	23.81	21.97	9.78	10.73
	446.79	437.15	419.88	—	—
	152.87	142.49	140.93	137.31	136.39
	0.00	0.00	-6.56	—	—
	152.87	142.49	134.37	137.31	136.39
	7.82	7.33	9.49	26.59	29.80
	145.05	135.16	124.88	110.72	106.59
	85.34	79.53	73.48	65.15	62.72
Key metrics
	177.97	168.56	159.80	148.25	148.43
	11.36%	10.90%	10.50%	9.50%	11.90%
	9.26%	8.70%	8.20%	7.10%	8.50%
	—	17.20%	16.80%	—	—
	3.01%	1.30%	-1.80%	24.60%	—
	26.80%	8.20%	12.80%	3.90%	—
	—	71.89	-56.22	—	—
	—	0.68	-0.28	—	—
	—	0.00	0.00	—	—
	—	-117.69	-12.71	—	—
	—	77.5	89.2	—	—
Balance sheet
	—	1,043	1,002	—	—
	—	668.43	627.77	—	—
	—	117.69	12.71	—	—
	—	182.76	186.58	—	—
	—	264.84	286.84	—	—
	—	27.27	35.67	—	—
	—	125.31	128.57	—	—
	—	119.13	100.23	—	—
	—	199.78	182.16	—	—
	—	0.00	0.00	—	—
	—	0.00	0.00	—	—
	—	0.00	0.00	—	—
	—	794.03	749.44	—	—
Cash flow
	—	91.43	-34.89	—	—
	—	135.10	129.05	—	—
	—	-121.55	-98.50	—	—
	—	19.54	21.33	—	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +3.01%
Profit YoY (TTM): +26.80%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +12.89%
Profit YoY (TTM): +21.27%

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: 64.59%

Holder	Type	Holding	Previous	Change
STANDARD GREASES AND SPECIALITIES PRIVATE LIMITED	Promoter	40.29%	—	—
ANDREW YULE & COMPANY LIMITED	Promoter	24.30%	—	—
TIDE WATER OIL COMPANY (INDIA) LIMITED EMPLOYEE BENEFIT TRUST	Public	2.46%	—	—
LICI ASM NON PAR	Public	1.12%	—	—
Other Foreign Port Folio Investors	Public	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
Castrol India Ltd S	19,283	194.95	19.08	—	+16.96% TTM	+3.51% TTM	+0.62%
Gulf Oil Lubricants India Limited	5,379	1,085.50	13.41	30.90%	+24.69% TTM	+8.62% TTM	-14.22%
Savita Oil Technologies Limited	4,633	675.80	7.92	14.30%	+36.62% TTM	+323.33% TTM	+69.99%
Panama Petrochem Ltd.	2,775	458.75	4.15	18.10%	+74.95% TTM	+255.21% TTM	+67.49%
Gandhar Oil Refinery (India) Limited	2,641	269.80	5.70	13.80%	+48.58% TTM	+370.29% TTM	+101.72%
VEEDOL CORPORATION LIMITED	2,470	1,417.65	11.23	19.30%	+12.89% TTM	+21.27% TTM	-19.83%
GP Petroleums Limited S	327	64.13	6.41	10.20%	+43.65% TTM	+87.57% TTM	+59.93%
Greenhitech Ventures Limited	42	32.60	—	1.50%	—	—	-71.84%

Filings & corporate actions

Recent announcements

Veedol Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve 1. Un-audited Standalone ....27 Oct 2026 · Board Meeting / Board Meeting
Veedol Corporation Limited has informed the Exchange regarding Resignation of Mr. Ranesh Sinha as Vice President - Manufacturing (SMP) of the Company w.e.f. November 24, 2026.22 Oct 2026 · Company Update / Change in Management
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 20269 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Veedol Corporation Limited has informed the Exchange that Mr. Murli Vasudevan, Vice President - Sales (After Market) (SMP) has tendered his resignation from the services of the Company ....6 Oct 2026 · Company Update / Change in Management
Approved providing of unsecured short term loan not exceeding Rs. 10 crores to Andrew Yule & Company Limited during the financial year 2026-27 with the time for repayment of the said loan ....28 Sep 2026 · Board Meeting / Outcome of Board Meeting
Veedol Corporation Limited has informed the Exchange regarding Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Veedol Corporation Limited has informed the Exchange about the Newspaper Advertisements published in respect of declaration of Voting Results on the resolutions as specified in the Postal ....22 Sep 2026 · Company Update / General
Veedol Corporation Limited has submitted the Exchange the result of Remote E-Voting along with Scrutinizer''s Report on the resolution contained in the Postal Ballot Notice of the Company ....21 Sep 2026 · AGM/EGM / Postal Ballot
Transcript of the 103rd Annual General Meeting (AGM) of the Company held on Monday, 24th August, 2026.21 Sep 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended - ESG Rating14 Sep 2026 · Company Update / General
Veedol Corporation Limited has submitted the exchange the e-voting result of the 103rd Annual General Meeting of the Company along with the Scrutinizer''s Report.25 Aug 2026 · AGM/EGM / AGM
Veedol Corporation Limited has informed the exchange regarding Proceedings of 103rd Annual General Meeting held on August 24, 2026 through VC/OAVM.24 Aug 2026 · AGM/EGM / AGM
Veedol Corporation Limited has informed the Exchange about Copy of Newspaper Publication in respect of dispatch of Postal Ballot Notice to the Shareholders of the Company.20 Aug 2026 · Company Update / Newspaper Publication
Veedol Corporation Limited has informed the Exchange regarding Postal Ballot Notice dated 15th August, 2026.19 Aug 2026 · AGM/EGM / Postal Ballot
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Standard Greases & Specialities Pvt Ltd18 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
The Board of Directors approved circulation of Postal Ballot Notice thereof in relation to obtaining approval of shareholders for Material Related Party Transactions with Standard Grease ....15 Aug 2026 · Company Update / General
Veedol Corporation Limited has informed the Exchange regarding Resignation of Mr. Tapas Saha, Head - IT (SMP) of the Company with effect from close of business on Tuesday, 6th October, 2026.12 Aug 2026 · Company Update / Change in Management
Veedol Corporation Limited has informed the Exchange about Copy of Newspaper Publication in respect of publication of the Extract of the Unaudited Financial Results of the Company for the ....12 Aug 2026 · Company Update / Newspaper Publication
Financial Results for the Quarter ended June 30, 2026.10 Aug 2026 · Result / Financial Results
Outcome of Board Meeting10 Aug 2026 · Board Meeting / Outcome of Board Meeting
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....10 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
Veedol Corporation Limited has informed the Exchange about Copy of Newspaper Publication in respect of intimation towards circulation of Notice of 103rd Annual General Meeting of the Company ....1 Aug 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Reporting for the year ended 31st March, 2026.31 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for the financial year 2025-26 along with the notice of 103rd Annual General Meeting (AGM)31 Jul 2026 · Others / Reg. 34 (1) Annual Report
Submission of Notice of 103rd Annual General Meeting.31 Jul 2026 · Company Update / General
Veedol Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve the unaudited financial ....31 Jul 2026 · Board Meeting / Board Meeting
TDS Communication to Shareholders17 Jul 2026 · Company Update / General
In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended, please find enclosed herewith a copy of the communication as circulated to the shareholders of the Company on ....16 Jul 2026 · Company Update / General
Veedol Corporation Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 20267 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Veedol Corporation Limited has informed the Exchange about Copy of Newspaper Publication in respect of publication of the Notice to Equity Shareholders of the Company regarding transfer ....1 Jul 2026 · Company Update / Newspaper Publication
Veedol Corporation Limited has informed the Exchange regarding the Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201524 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Veedol Corporation Limited has informed the Exchange about Copies of Newspaper Publications in respect of publication of the Extract of the Audited Financial Results of the Company for ....22 May 2026 · Company Update / Newspaper Publication
Submission of Annual Secretarial Compliance Report for the FY 2025-2621 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Veedol Corporation Limited has informed the exchange about appointment of Mr Rajendra Nath Ghosal, erstwhile Managing Director of the Company as an Additional Director and Managing Director ....20 May 2026 · Company Update / Change in Directorate
Veedol Corporation Limited has informed the exchange the record date as 17th July, 2026 for the purpose of Final Dividend for the year 2025-2620 May 2026 · Corp. Action / Record Date
Financial Results for the period ended 31.03.202620 May 2026 · Result / Financial Results
Outcome of the Board Meeting dated 20.05.202620 May 2026 · Board Meeting / Outcome of Board Meeting
Veedol Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve the Financial Results for ....11 May 2026 · Board Meeting / Board Meeting
Veedol Corporation Limited has informed the Exchange regarding Receipt of Insurance Claim Repudiation Letter9 May 2026 · Company Update / General
Veedol Corporation Limited has informed the Exchange regarding Resignation of Mr. Mandar Ghatnekar as Head - Marketing of the Company w.e.f. August 03, 2026.5 May 2026 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 22.0000	17 Jul 2026	17 Jul 2026	—
Interim Dividend - Rs. - 14.0000	6 Feb 2026	6 Feb 2026	—
Interim Dividend - Rs. - 22.0000	14 Nov 2025	14 Nov 2025	—
Final Dividend - Rs. - 22.0000	7 Jul 2025	7 Jul 2025	—
Interim Dividend - Rs. - 12.0000	13 Feb 2025	13 Feb 2025	—
Interim Dividend - Rs. - 20.0000	22 Nov 2024	22 Nov 2024	—
Final Dividend - Rs. - 20.0000	4 Jul 2024	—	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results