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On 6 Nov 2026, Veedol Corporation was priced at ₹1,372.60, or 10.6× trailing earnings, against an industry P/E of 22.1×, and the shares are 26% below their 52-week high. Sales and net profit grew 5.2% and 19% a year over 3 years, with ROCE of 22% and ROE of 20%. It carries very little debt, and its dividend yield is 4.1%. It is a small-cap company with a market cap of ₹2,333 Cr, ranked 55th of 204 Specialty Chemicals companies by market cap; the shares fell 19% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹1,420.10
Day high
₹1,421.00
Day low
₹1,358.50
Prev. close
₹1,427.40
Volume
9.8K

Health check

3 good · 2 fair · 1 to check
  • ReturnsBehind

    −19.4% over a year, better than 0 of 7 peers.

  • Price tagCheaper

    P/E 10.6 vs industry 22.1.

  • GrowthSteady

    Sales +5.2%, profit +18.7% a year over 3 years.

  • ProfitabilityAverage

    ROCE 22.2% vs peer median 24.4%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 7 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹2,333 Cr, #55 of 204 in its industry by size.

Defensive

Beta 0.54 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹2,263 Cr · profit ₹220 Cr
Market cap
₹2,333 Cr
Small cap
P/E
10.6
Industry 22.1
Price to book
2.25
Peers 13.33
Dividend yield
4.06%
ROE
19.7%
Peers 23.0%
ROCE
22.2%
Peers 24.4%
Debt to equity
0.02
Debt ₹16 Cr
EPS (TTM)
₹129.38
Face value ₹2
OPM (TTM)
11.7%
Net margin 9.7%
Sales growth
+18.3%
Latest quarter vs a year ago
Profit growth
+56.9%
Latest quarter vs a year ago
Price to sales
1.03
EV/EBITDA 8.3

Strengths and risks

Strengths

  • Return on equity of 19.7%.
  • Return on capital employed of 22.2%.
  • Practically debt-free.
  • Dividend yield of 4.06%.
  • Quarterly profit up 56.9% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Veedol Corporation

Veedol Corporation Limited, together with its subsidiaries, engages in the manufacturing and marketing of lubricants under the Veedol brand in India. It offers automotive lubricants, including two-wheeler, passenger car motor, commercial vehicle, tractor, off-highway, and gear and transmission oils, as well as greases, EV fluids, and OEM oils. The company also offers industrial lubricants comprising hydraulic and circulation, spindle, turbine, heavy-duty…

Headquarters
Kolkata
Employees
502
Sector
Basic Materials
ISIN
INE484C01030
Website
veedolindia.com

Price range

52 weeks

₹1,238.20₹1,844.80

Today

₹1,358.50₹1,421.00
Avg volume (3M)
10.9K
1-year return
minus 19.4%
From 52-week high
minus 25.6%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
VEEDOLVeedol Corporation1,372.60minus 3.84%2,33310.69.322.2%11.7%0.025.2%minus 19.4%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
514509538607609
455456486544510
59.453.151.662.598.1
11.6%10.4%9.6%10.3%16.1%
12.71113.111.612.1
0.60.60.50.70.4
7.88.28.79.68
63.755.355.663.9102
22.0%25.9%21.6%10.1%23.5%
49.740.943.657.577.9
29.2324.0925.6333.8145.85

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+5.2%
Profit CAGR 3Y
+18.7%
EPS CAGR 3Y
+18.7%
ROE
19.7%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,8521,9291,9622,156
–+4.2%+1.7%+9.9%
1,7061,7531,7611,928
146176200227
7.9%9.1%10.2%10.5%
18.730.441.444.6
1.51.83.62.4
15.515.228.534.2
−0.5−2.3−83.1
147187202238
22.1%23.6%16.3%19.6%
115143169192
–+24.7%+18.1%+13.6%
67.4284.1099.29112.75

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3.43.43.43.4
7618249111,032
4.61.32215.9
330320320355
1,0991,1491,2561,406
152181215228
2.51287.9
7–82.5
162212138225
776744887942
1,0991,1491,2561,406

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
10315629.7194
5.7−92.372.147.2
−81.5−85.6−98.9−122
27.7−21.52.9119
−15.5−47.2−42.2−34.6
88109−12.5159
−73.2−81.9−90.6−101

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 2.0% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you