Veedol Corporation Limited

NSE: VEEDOL · Unclassified

₹1,372.60-3.84%06 Nov 2026

Ask the data

Instant answers about Veedol Corporation Limited — computed from its filings, no language model

Market cap₹2,333 cr

Current price₹1,372.60

High / Low₹1,772 / ₹1,246

P/E—

P/B2.07

Book value₹663.7

ROE0.0%

ROCE21.8%

Debt / equity0.03

Dividend yield4.33%

EPS (TTM)₹0.00

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,317	1,258	1,536	1,854	1,931	1,970	2,169
EBITDA	138	164	147	142	169	194	227
Operating margin	10.5%	13.0%	9.6%	7.7%	8.7%	9.9%	10.5%
Interest	2	2	2	1	2	4	2
Depreciation	12	14	15	16	15	29	34
Profit before tax	145	170	150	140	174	174	208
Tax	39	44	37	33	44	33	47
Net profit	0	0	123	0	0	0	0
EPS ₹	359.11	415.80	72.32	67.37	84.10	99.29	112.75
Operating cash flow	—	—	93	103	156	30	194
Capex	—	—	9	15	47	42	35
Dividend paid	—	—	139	73	82	91	101
Total assets	—	—	—	1,098	1,156	1,253	1,406
Equity	—	—	—	764	827	914	1,036

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	339	326	346	305	203	326	364	365	285	394	412	445	439	448	497	470	474	474	496	487	479	476	482	532	514	509	538	607	609	649
Operating profit	33	31	46	28	20	45	56	43	27	38	36	45	40	28	34	41	39	42	42	47	41	46	38	68	59	53	52	63	98	60
Operating margin	9.7%	9.6%	13.3%	9.1%	9.9%	13.7%	15.4%	11.8%	9.6%	9.7%	8.8%	10.2%	9.1%	6.2%	6.8%	8.7%	8.1%	8.8%	8.4%	9.7%	8.6%	9.7%	7.9%	12.7%	11.4%	10.4%	9.6%	10.3%	16.1%	9.3%
Other income	5	4	6	6	5	6	5	7	4	4	5	6	4	3	4	4	5	5	4	8	8	3	5	4	6	4	5	4	4	3
Interest	1	1	1	0	1	0	0	1	0	0	0	0	0	0	0	0	0	0	1	0	1	1	1	1	1	1	0	1	0	1
Depreciation	3	3	3	3	3	3	4	4	4	4	4	4	4	4	4	4	4	4	4	4	5	8	7	8	8	8	9	10	8	8
Profit before tax	34	32	48	30	21	46	57	45	27	38	37	47	39	27	33	41	39	42	41	51	43	40	28	62	56	48	48	56	94	54
Tax	12	7	11	9	6	12	14	12	5	11	10	11	8	7	9	8	11	10	11	13	13	11	-0	9	14	14	12	6	24	14
Net profit	0	0	0	0	0	0	0	0	23	0	30	38	0	0	0	0	0	0	0	0	0	0	37	0	0	0	0	0	0	0
EPS ₹	78.88	85.29	126.69	68.26	51.22	116.42	140.31	107.85	13.47	18.83	17.79	22.24	19.84	12.02	15.27	20.24	18.35	20.73	19.75	25.25	21.84	20.36	21.97	35.12	29.23	24.09	25.63	33.81	45.85	28.88
Revenue YoY	—	—	—	—	-40.1%	0.0%	5.3%	19.6%	40.5%	20.7%	13.1%	21.9%	53.9%	13.7%	20.7%	5.7%	8.0%	5.8%	-0.1%	3.6%	1.1%	0.4%	-2.8%	9.3%	7.3%	6.9%	11.5%	14.1%	18.5%	27.5%
Profit YoY	—	—	—	—	—	—	—	—	—	—	—	—	-100.0%	—	-100.0%	-100.0%	—	—	—	—	—	—	—	—	—	—	-100.0%	—	—	—

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Veedol Corporation Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	534	630	693	804	861	909	956	986	1,132	1,112	1,193
Operating profit	44	90	100	91	93	95	87	139	130	125	121
Operating margin	8.3%	14.2%	14.4%	11.3%	10.8%	10.5%	9.1%	14.1%	11.5%	11.3%	10.2%
Other income	7	7	5	7	10	21	13	23	29	30	35
Interest	1	1	1	2	—	—	—	—	—	1	1
Depreciation	3	6	10	9	9	9	7	7	7	8	8
Profit before tax	46	89	94	86	94	104	243	131	151	147	147
Tax	18	32	30	27	31	35	72	53	48	50	50
Net profit	28	58	64	59	63	68	171	78	103	97	97

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	101	122	107	143	130	126	136	174	141	169	146	166	159	169	199	196	183	210	215	217	199	216	228	219	202	235	253	245	230	235	246	253	228	246	260	288	258	284	301	256	266	292	298	290	284	308	311
Operating profit	8	11	8	13	12	11	9	24	21	22	22	27	18	22	33	28	19	24	19	25	20	22	27	25	21	26	24	26	18	19	25	35	29	33	42	40	21	26	42	22	29	33	41	33	28	26	34
Operating margin	8.2%	9.3%	7.3%	8.9%	9.0%	8.5%	6.6%	13.9%	14.6%	13.3%	15.3%	16.1%	11.3%	13.2%	16.5%	14.4%	10.4%	11.6%	8.9%	11.6%	9.9%	10.0%	11.7%	11.3%	10.3%	10.9%	9.6%	10.5%	7.7%	7.9%	10.3%	13.7%	12.8%	13.4%	16.4%	14.0%	8.3%	9.3%	13.8%	8.6%	10.7%	11.4%	13.9%	11.5%	10.0%	8.4%	10.8%
Other income	1	2	1	0	0	1	5	1	1	2	4	1	1	2	1	1	1	1	3	1	2	1	6	3	4	2	11	2	3	5	3	5	5	8	6	5	8	8	7	5	10	9	6	4	11	8	12
Interest	1	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	1	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	1	2	2	2	3	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	0	1	4	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Profit before tax	7	13	7	12	11	10	13	24	20	22	23	25	16	22	31	27	18	22	20	24	19	21	30	26	23	26	30	26	128	22	67	38	32	39	22	44	28	32	47	25	37	40	46	36	37	31	43
Tax	1	4	4	4	4	4	6	8	7	8	9	8	7	8	7	9	6	6	6	8	6	7	11	7	8	8	12	9	32	8	24	12	12	12	16	16	10	10	12	9	13	10	17	12	13	11	15
Net profit	6	9	4	8	7	5	8	16	13	15	14	17	9	14	24	18	12	15	14	16	13	14	20	19	14	18	18	18	96	14	43	26	20	26	6	28	18	23	34	16	23	29	28	23	25	20	28
EPS ₹	73.65	103.17	40.32	90.10	78.08	59.86	88.18	181.09	150.56	166.55	165.17	193.86	107.41	163.80	271.35	204.02	137.51	177.34	159.21	188.08	146.91	160.69	226.81	214.92	164.03	201.56	203.86	203.00	1102.00	162.00	497.00	295.00	232.00	302.00	16.00	79.00	52.00	6.50	99.00	48.00	68.00	86.00	83.00	69.00	73.00	59.00	84.00
Revenue YoY	—	—	—	—	28.2%	3.6%	26.9%	21.6%	8.6%	34.0%	8.0%	-4.7%	13.2%	0.2%	35.8%	18.1%	14.7%	24.1%	8.3%	10.7%	8.8%	3.2%	6.1%	0.8%	1.7%	8.4%	10.8%	11.9%	13.7%	0.1%	-2.7%	3.3%	-0.9%	4.7%	5.5%	14.0%	13.3%	15.6%	16.1%	-11.3%	3.0%	2.9%	-1.1%	13.3%	6.7%	5.5%	4.5%
Profit YoY	—	—	—	—	5.9%	-42.0%	118.8%	101.0%	92.8%	178.5%	87.4%	7.0%	-28.6%	-1.7%	64.3%	5.3%	28.0%	8.3%	-41.3%	-7.8%	6.8%	-9.4%	42.5%	14.2%	11.8%	25.4%	-10.1%	-5.7%	571.7%	-19.6%	143.9%	45.4%	-79.0%	86.5%	-87.3%	7.1%	-9.5%	-13.4%	522.6%	-40.8%	27.2%	27.6%	-17.6%	43.8%	6.6%	-30.8%	0.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	9.2%	5.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	4.3%	4.1%	4.1%	3.8%	0.0%	0.0%	0.0%	0.0%
ROCE	—	—	—	—	—	—	—	—	—	—	20.7%	20.1%	18.4%	18.4%	19.5%	20.6%	21.2%	21.8%	20.5%	19.1%	19.4%	20.8%	20.2%	22.2%	20.3%	23.9%	21.8%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	1.7%	1.6%	3.6%	5.9%	4.0%	3.9%	2.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.9%	1.9%	1.9%	1.8%	0.0%	0.0%	0.0%	0.0%
EBITDA margin	10.5%	10.6%	11.7%	12.4%	13.0%	12.8%	11.7%	9.9%	9.6%	9.5%	8.6%	8.0%	7.7%	7.5%	8.1%	8.5%	8.7%	8.9%	9.1%	9.0%	9.8%	10.5%	10.7%	11.0%	10.4%	11.7%	11.3%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03
Interest coverage	62.28	57.75	68.27	82.07	71.50	76.61	75.70	69.93	94.65	105.03	98.27	97.96	95.04	102.36	118.78	90.83	98.11	83.82	59.76	54.00	50.06	54.70	67.77	89.14	88.07	111.59	110.92
Asset turnover	—	—	—	—	—	—	—	—	—	—	1.66	1.74	1.69	1.72	1.73	1.73	1.67	1.67	1.60	1.59	1.57	1.60	1.53	1.57	1.54	1.61	1.54

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	3	3	3	3	3	3	3	3	3
Other equity / reserves	733	760	800	824	868	911	974	1,032	1,125
Total equity	736	764	803	827	871	914	977	1,036	1,128
Borrowings	0	4	0	0	0	0	0	0	35
Current liabilities	261	281	254	273	263	262	279	313	381
Non-current liabilities	53	53	51	56	77	69	65	50	46
Total assets	1,050	1,098	1,108	1,156	1,211	1,253	1,329	1,406	1,563
Property, plant & equipment	147	149	142	171	207	207	214	221	222
Capital work-in-progress	1	1	4	10	11	7	16	7	3
Investments	71	70	74	73	82	78	80	82	85
Inventories	357	304	278	279	311	333	342	325	503
Receivables	215	239	233	232	254	291	283	345	341
Cash & equivalents	32	60	81	39	70	43	92	168	86

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	93	103	156	30	194
Cash from investing	37	6	-92	72	47
Cash from financing	-142	-81	-85	-99	-122
Capex	9	15	47	42	35
Free cash flow	85	88	108	-12	159
Dividends paid	139	73	82	91	101

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹222 cr14%

CWIP

₹3 cr0%

Investments

₹85 cr5%

Inventories

₹503 cr32%

Receivables

₹341 cr22%

Cash & equivalents

₹86 cr6%

Other assets

₹322 cr21%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Veedol Corporation Limited	2,333	1,372.60	—	2.07	0.0%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-0.8%

6 months-7.0%

1 year-21.9%

3Y CAGR+4.5%

5Y CAGR-4.4%

10Y CAGR-13.6%

50-day avg₹1,386.91

200-day avg₹1,415.03

RSI (14)52

FAQs

What is the share price of Veedol Corporation Limited?

Veedol Corporation Limited (VEEDOL) closed at ₹1,372.60 on NSE on 06 Nov 2026.

What is the market cap of Veedol Corporation Limited?

₹2,333 crore at the latest close.

How fast is Veedol Corporation Limited growing?

Veedol Corporation Limited: revenue has compounded at 5.4% a year over three years. Latest-quarter revenue is up 27.5% year on year.

How profitable is Veedol Corporation Limited?

On a trailing-twelve-month basis return on equity is 0.0%, return on capital employed 21.8%, operating margin 11.3%, net margin 0.0%.

How much debt does Veedol Corporation Limited have?

Veedol Corporation Limited is debt-free: debt to equity is 0.03 with borrowings of ₹35 cr against cash of ₹86 cr (balance sheet of 2026-09-30). Operating profit covers interest 110.9 times.

Financials parsed from Veedol Corporation Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.