On 6 Nov 2026, Vijay Solvex was priced at ₹788.85, or 10.6× trailing earnings, against an industry P/E of 19.5×. Sales fell 0.8% a year over 3 years while net profit grew 4.3%, with ROCE of 7.3% and ROE of 5.6%. Debt is 0.18× equity. It is a small-cap company with a market cap of ₹253 Cr, ranked 60th of 127 Packaged Foods companies by market cap; the shares rose 13% over the past year.
- ₹730.30
- ₹799.15
- ₹722.00
- ₹726.70
- 2.9K
Health check
- ReturnsAhead
+12.7% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 10.6 vs industry 19.5.
- GrowthSlow
Sales −0.8%, profit +4.3% a year over 3 years.
- ProfitabilityWeak
ROCE 7.3% vs peer median 15.3%.
- Balance sheetStretched
Debt 0.18× equity, interest covered 59.0×, Piotroski 3 of 9.
- Red flags1 to check
Return on equity is low at 5.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹253 Cr
- Small cap
- P/E
- 10.6
- Industry 19.5
- Price to book
- 0.72
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- 5.6%
- Peers 14.8%
- ROCE
- 7.3%
- Peers 15.3%
- Debt to equity
- 0.18
- Debt ₹65 Cr
- EPS (TTM)
- ₹74.43
- Face value ₹10
- OPM (TTM)
- 1.5%
- Net margin 0.9%
- Sales growth
- +35.2%
- Latest quarter vs a year ago
- Profit growth
- +428.9%
- Latest quarter vs a year ago
- Price to sales
- 0.10
- EV/EBITDA 6.8
Strengths and risks
Strengths
- Quarterly profit up 428.9% on a year ago.
- Quarterly sales up 35.2% on a year ago.
- P/E of 10.6 against an industry P/E of 19.5.
Risks to check
- Return on equity is low at 5.6%.
About Vijay Solvex
Vijay Solvex Limited manufactures and sells edible oils and vanaspati ghee in India and internationally. It operates through three segments: Edible Oils, Ceramics, and Wind Power Generation. The company provides vanaspati, oil cake, de-oiled cake, etc.; and insulators, as well as generates wind power. It also manufactures and exports fine bone China tableware, decorative ceramic items, grey insulators, high tension porcelain insulators, etc., as well as…
- Headquarters
- Alwar
- Employees
- 141
- Sector
- Consumer Defensive
- ISIN
- INE362D01010
- Website
- vijaysolvex.com
Price range
- Avg volume (3M)
- 532
- 1-year return
- plus 12.7%
- From 52-week high
- minus 1.3%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| VIJSOLXVijay Solvex | 788.85 | plus 8.55% | 253 | 10.6 | 0.72 | 7.3% | 5.6% | 1.5% | −0.8% | 4.3% | 0.00% | plus 12.7% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 460 | 615 | 605 | 685 | 623 | |
| 458 | 607 | 597 | 672 | 614 | |
| 2.6 | 8.7 | 8 | 13.6 | 8.7 | |
| 0.6% | 1.4% | 1.3% | 2.0% | 1.4% | |
| 0.2 | 3 | 0.4 | 0.2 | 0.1 | |
| 0.7 | 3.2 | 0.6 | 3.5 | 0.6 | |
| 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | |
| 1.4 | 7.8 | 7.1 | 9.6 | 7.6 | |
| 27.1% | 22.4% | 24.5% | 29.5% | 26.3% | |
| 1.1 | 6.1 | 5.4 | 6.8 | 5.6 | |
| 3.30 | 19.02 | 16.78 | 21.19 | 17.44 |
Profit & loss
- Sales CAGR 3Y
- −0.8%
- Profit CAGR 3Y
- +4.3%
- EPS CAGR 3Y
- +4.3%
- ROE
- 5.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,422 | 1,829 | 1,828 | 2,361 | |
| – | minus 24.5% | minus 0.0% | +29.1% | |
| 2,401 | 1,825 | 1,803 | 2,327 | |
| 20.9 | 4.3 | 25.1 | 34.5 | |
| 0.9% | 0.2% | 1.4% | 1.5% | |
| 0.9 | 5.5 | 4.1 | −6.7 | |
| 2.5 | 3.2 | 0 | 0.4 | |
| 2.5 | 2.5 | 2.5 | 2.7 | |
| 5.5 | – | −4.2 | 1.4 | |
| 22.3 | 4.1 | 22.5 | 26 | |
| 23.7% | 27.6% | 18.1% | 25.9% | |
| 17 | 2.9 | 18.4 | 19.3 | |
| – | minus 82.7% | +526.9% | +4.8% | |
| 53.12 | 9.18 | 57.56 | 60.29 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.2 | 3.2 | 3.2 | 3.2 | |
| 316 | 319 | 338 | 349 | |
| 37.6 | 9.2 | 33.1 | 65.1 | |
| 47.9 | 43.1 | 38.8 | 44.9 | |
| 405 | 375 | 414 | 463 | |
| 39.4 | 45.7 | 48.4 | 42.9 | |
| 17 | 10.5 | 10.9 | 1.8 | |
| 79.5 | 31 | 32.8 | 34.6 | |
| 48.6 | 72.4 | 99.3 | 43.5 | |
| 221 | 215 | 222 | 340 | |
| 405 | 375 | 414 | 463 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 70.8 | 30.8 | −22.3 | −61.4 | |
| −54.4 | 1.2 | 29.2 | 4.4 | |
| −113 | −32.1 | 20.6 | 26.3 | |
| −96.8 | −0.1 | 27.5 | −30.6 | |
| −7.4 | −10.1 | −5.2 | −5.8 | |
| 63.4 | 20.7 | −27.5 | −67.1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.