Vadilal Enterprises (VADILENT) had a P/E of 59.8× on 6 Nov 2026, above the industry P/E of 23.2×, and the shares are 25% below their 52-week high. Sales and net profit grew 9.3% and 19% a year over 3 years, with ROCE of 26% and ROE of 25%. Debt is 1.18× equity. It is a small-cap company with a market cap of ₹817 Cr, ranked 3rd of 28 Food Distribution companies by market cap; the shares fell 6.2% over the past year.
- ₹9,475.00
- ₹9,699.00
- ₹9,470.00
- ₹9,475.00
- 7
Health check
- ReturnsAhead
−6.2% over a year, better than 5 of 7 peers.
- Price tagPricier
P/E 59.8 vs industry 23.2.
- GrowthSlow
Sales +9.3%, profit +19.3% a year over 3 years.
- ProfitabilityStrong
ROCE 25.7% vs peer median 9.0%.
- Balance sheetFair
Debt 1.18× equity, interest covered 3.1×, Piotroski 7 of 9.
- Red flags1 to check
P/E of 59.8 against an industry P/E of 23.2.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹817 Cr
- Small cap
- P/E
- 59.8
- Industry 23.2
- Price to book
- 11.89
- Peers 2.91
- Dividend yield
- 0.02%
- ROE
- 25.2%
- Peers 0.2%
- ROCE
- 25.7%
- Peers 9.0%
- Debt to equity
- 1.18
- Debt ₹81 Cr
- EPS (TTM)
- ₹158.23
- Face value ₹10
- OPM (TTM)
- 3.0%
- Net margin 1.0%
- Sales growth
- +36.2%
- Latest quarter vs a year ago
- Profit growth
- +15.9%
- Latest quarter vs a year ago
- Price to sales
- 0.54
- EV/EBITDA 17.6
Strengths and risks
Strengths
- Return on equity of 25.2%.
- Return on capital employed of 25.7%.
- Quarterly sales up 36.2% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 59.8 against an industry P/E of 23.2.
About Vadilal Enterprises
Vadilal Enterprises Limited engages in the marketing and distribution of ice creams, dairy products, frozen desserts, and processed food products under the Vadilal brand in India. It also offers flavored milk under the Power Sip brand, as well as paneer and ghee. The company was founded in 1985 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Employees
- 692
- Sector
- Consumer Defensive
- ISIN
- INE693D01018
- Website
- vadilalgroup.com
Price range
- Avg volume (3M)
- 106
- 1-year return
- minus 6.2%
- From 52-week high
- minus 24.8%
Peers · Food Distribution
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DODLADodla Dairy | 980.60 | minus 0.92% | 5,916 | 27.4 | 3.44 | 15.9% | 13.3% | 5.8% | 13.6% | 29.7% | 0.51% | minus 20.4% |
| MRUTRMrugesh Trading | 71.09 | minus 4.78% | 5,136 | – | 49.75 | −0.3% | −0.5% | −12.3% | – | – | 0.00% | plus 3293.6% |
| VADILENTVadilal Enterprises | 9,470.00 | minus 0.05% | 817 | 59.8 | 11.89 | 25.7% | 25.2% | 3.0% | 9.3% | 19.3% | 0.02% | minus 6.2% |
| SURJINDSuraj Industries | 55.98 | minus 1.62% | 437 | 29.5 | – | 1.0% | −0.5% | 14.0% | −16.5% | – | 0.00% | plus 13.8% |
| CHANDRIMAChandrima Mercantiles | 7.21 | plus 4.95% | 240 | – | 2.31 | – | −0.3% | 6.0% | – | – | 0.00% | minus 31.4% |
| PRIMEFRESHPrime Fresh | 156.45 | minus 2.10% | 217 | 15.1 | 2.38 | 19.6% | 16.4% | 7.5% | 40.2% | 37.7% | 0.00% | minus 44.7% |
| GUJJUBHAIGujjubhai Industries | 85.31 | plus 0.04% | 178 | 34.4 | 4.41 | 16.9% | 13.7% | 6.2% | 65.8% | 30.7% | 0.00% | minus 62.9% |
| ESSENTIAIntegra Essentia | 0.95 | minus 1.04% | 167 | – | 0.60 | 2.1% | 0.2% | −0.1% | 25.2% | −63.5% | 0.00% | minus 46.7% |
| Median of 7 peers | – | −1.04% | 240 | 28.4 | 2.91 | 9.0% | 0.2% | 6.0% | 25.2% | 30.2% | 0.00% | −31.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 517 | 264 | 145 | 291 | 704 | |
| 484 | 244 | 161 | 291 | 666 | |
| 32.3 | 20 | −16 | 0.4 | 37.9 | |
| 6.3% | 7.6% | −11.0% | 0.2% | 5.4% | |
| 1.1 | 1.4 | 1.3 | 1.7 | 1.3 | |
| 1.9 | 2.2 | 1.8 | 2.4 | 2.1 | |
| 4.7 | 5 | 5 | 5.3 | 6 | |
| 26.9 | 14.3 | −21.5 | −5.6 | 31.2 | |
| 25.2% | 25.3% | 25.1% | 24.0% | 25.2% | |
| 20.1 | 10.7 | −16.1 | −4.2 | 23.3 | |
| 233.00 | 123.92 | -186.86 | -48.92 | 270.09 |
Profit & loss
- Sales CAGR 3Y
- +9.3%
- Profit CAGR 3Y
- +19.3%
- EPS CAGR 3Y
- +19.3%
- ROE
- 25.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 929 | 998 | 1,115 | 1,213 | |
| – | +7.4% | +11.8% | +8.8% | |
| 911 | 983 | 1,090 | 1,175 | |
| 18.3 | 14.1 | 25.4 | 38.3 | |
| 2.0% | 1.4% | 2.3% | 3.2% | |
| 1.8 | 11.4 | 3 | 2.2 | |
| 1.1 | 3.5 | 5.4 | 6.7 | |
| 11.1 | 12.4 | 16.1 | 20 | |
| 0.6 | 0.4 | 0.7 | 0.3 | |
| 8.6 | 10.1 | 7.6 | 14.1 | |
| 28.4% | 25.3% | 24.8% | 25.9% | |
| 6.2 | 7.5 | 5.7 | 10.5 | |
| – | +21.9% | minus 23.7% | +82.4% | |
| 71.27 | 87.06 | 66.43 | 121.14 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.9 | 0.9 | 0.9 | 0.9 | |
| 10.2 | 17.2 | 21.4 | 32.2 | |
| 7.3 | 28.4 | 47.5 | 62.2 | |
| 172 | 184 | 214 | 254 | |
| 191 | 231 | 284 | 349 | |
| 55.2 | 86.8 | 115 | 153 | |
| 11.8 | 18.8 | 18.6 | 1 | |
| 0.3 | 0.4 | 0.4 | 0.4 | |
| 7 | 6.2 | 11.7 | 11 | |
| 116 | 119 | 138 | 184 | |
| 191 | 231 | 284 | 349 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.1 | 17.3 | 32.1 | 42.1 | |
| −3 | −35 | −39.4 | −49.1 | |
| −2.2 | 16.9 | 12.8 | 6.4 | |
| 2 | −0.8 | 5.4 | −0.6 | |
| −6.6 | −38.2 | −44 | −53.7 | |
| 0.5 | −20.9 | −11.9 | −11.6 | |
| −0.1 | −0.1 | −0.1 | −0.1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.