| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 609 | 514 | +18.5% |
| EBITDA | 98.1 | 58.8 | +67.0% |
| EBITDA margin | 16.1% | 11.4% | +4.7 pts |
| Profit before tax | 93.6 | 56.2 | +66.6% |
| Net profit | 77.9 | 49.7 | +56.9% |
| EPS | ₹45.85 | ₹29.23 | +56.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,270 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 168 | 168 | 43.1 | 38.9 | 59.8 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 4.4 | ||
| 2,101 | — | — | — | — | ||
| 2,263 | 2,169 | 1,970 | 1,931 | 1,854 | ||
| — | +10.1% | +2.0% | +4.2% | — | ||
| 265 | 227 | 194 | 169 | 142 | ||
| 11.7% | 10.5% | 9.9% | 8.8% | 7.7% | ||
| 231 | 193 | 166 | 154 | 127 | ||
| 220 | 192 | 169 | 143 | 114 | ||
| 9.7% | 8.8% | 8.6% | 7.4% | 6.2% | ||
| ₹129.34 | ₹112.72 | ₹99.26 | ₹84.08 | ₹67.35 | ||
| — | +13.6% | +18.1% | +24.8% | — | ||
| — | 194 | 29.7 | 156 | 103 | ||
| — | −34.6 | −42.2 | −47.2 | −15.5 | ||
| 159 | 159 | −12.5 | 108 | 88.0 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,269.5 | |
| - Cash, Equiv & ST Investments | 59.8 | 38.9 | 43.1 | 168.1 | 168.1 | |
| + Total Debt | 4.4 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 2,101.4 | |
| Revenue | 1,853.8 | 1,931.2 | 1,970.5 | 2,168.5 | 2,262.5 | |
| Growth %, YoY | — | +4.2 | +2.0 | +10.1 | — | |
| EBITDA | 142.2 | 169.0 | 194.4 | 227.0 | 265.3 | |
| Margin % | 7.67 | 8.75 | 9.87 | 10.47 | 11.73 | |
| EBIT | 126.6 | 153.7 | 165.9 | 192.8 | 230.9 | |
| Net Income | 114.5 | 142.9 | 168.8 | 191.6 | 219.9 | |
| Margin % | 6.18 | 7.40 | 8.56 | 8.84 | 9.72 | |
| EPS, Adj (current shares) | 67.35 | 84.08 | 99.26 | 112.72 | 129.34 | |
| Growth %, YoY | — | +24.8 | +18.1 | +13.6 | — | |
| Cash from Operations | 103.5 | 155.5 | 29.7 | 193.8 | — | |
| Capital Expenditures | -15.5 | -47.2 | -42.2 | -34.6 | — | |
| Free Cash Flow | 88.0 | 108.3 | -12.5 | 159.2 | 159.2 | |
Prices at the previous close · figures from the company's filings with NSE
Veedol Corporation (NSE: VEEDOL) had a market capitalisation of ₹2,270 crore at the previous close (₹1,335.00 a share), a PE ratio of 10.3 on the last four quarters' profit and a price-to-book ratio of 2.19. In FY26 its consolidated net profit was ₹192 crore on revenue of ₹2,169 crore; in Q1 FY27 (April–June 2026) it was ₹77.9 crore, up 56.9% year on year. It had no borrowings on 31 March 2026. Promoters held 64.58% of the shares on 30 September 2026.
Veedol Corporation's PE ratio is 10.3 at the previous close (₹1,335.00 a share): a market capitalisation of ₹2,270 crore divided by consolidated net profit of ₹220 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹192 crore) it is 11.8.
Veedol Corporation's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹1,036 crore. A year earlier, on 31 March 2025, it was 0.00.
Veedol Corporation's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,036 crore on 31 March 2026, up 13.3% from ₹914 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,270 crore at the previous close.
Veedol Corporation's price-to-book (PB) ratio is 2.19 at the previous close: a market capitalisation of ₹2,270 crore divided by shareholders' equity (book value) of ₹1,036 crore on 31 March 2026. That is a book value of ₹609.18 per share against a share price of ₹1,335.00.
Veedol Corporation's book value per share was ₹609.18 on 31 March 2026: shareholders' equity of ₹1,036 crore divided by the 1.7 crore shares in issue, up 13.3% from ₹537.68 a year earlier. The share price at the previous close was ₹1,335.00.
Veedol Corporation's dividend yield is 4.34% at the previous close: dividends of ₹58 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,335.00. They were ₹22 on 17 July 2026, ₹14 on 6 February 2026 (interim) and ₹22 on 14 November 2025 (interim).
Veedol Corporation's market capitalisation was ₹2,270 crore at the previous close: 1.7 crore shares at ₹1,335.00 each.
Yes. Veedol Corporation had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹205 crore of cash, bank balances and current investments.
Veedol Corporation's basic earnings per share (EPS) were ₹112.75 in FY26, against ₹99.29 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹129.38.
In FY26, Veedol Corporation's return on equity (ROE) was 19.7% and its return on capital employed (ROCE) was 18.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 19.4% and ROCE 17.7%.
On 30 September 2026, Veedol Corporation's shares were held by promoters 64.58%, foreign portfolio investors (FII/FPI) 1.01%, domestic institutions (DII) 1.16% and retail and other non-institutional investors 30.78%. Over the year, FII holding was down 0.36 percentage points from 1.37% and DII holding was down 0.01 percentage points from 1.17%.
Veedol Corporation's latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net profit ₹77.9 crore, up 56.9% from ₹49.7 crore in Q1 FY26; revenue from operations ₹609 crore, up 18.5% year on year.
In 2026, Veedol Corporation has declared two dividends totalling ₹36 a share: ₹14 (interim) with record date 6 February 2026 and ₹22 with record date 17 July 2026.
Promoters held 64.58% of Veedol Corporation on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Veedol Corporation will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Veedol Corporation generated ₹194 crore of cash from operations and spent ₹34.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹159 crore. In FY25 it was −₹12.5 crore.
In FY26 (April 2025–March 2026), Veedol Corporation's consolidated net profit was ₹192 crore, up 13.6% from ₹169 crore in FY25, on revenue from operations of ₹2,169 crore (up 10.1%). Over three years, from FY23, net profit was up 67.4%.
In FY26, Veedol Corporation earned net profit of ₹192 crore on revenue of ₹2,169 crore, against ₹135 crore on ₹4,241 crore for Gandhar Oil Refinery. Veedol Corporation's operating margin was 8.9% (Gandhar Oil Refinery 4.8%) and its return on equity 19.7% (Gandhar Oil Refinery 10.5%).
On FY26 consolidated figures, against Gandhar Oil Refinery, Panama Petrochem and Savita Oil Technologies: Veedol Corporation's operating margin of 8.9% is the highest of the four (Gandhar Oil Refinery 4.8%, Panama Petrochem 8.5%, Savita Oil Technologies 5.0%; peer average 6.1%); its return on equity of 19.7% is the highest of the four (Gandhar Oil Refinery 10.5%, Panama Petrochem 15.6%, Savita Oil Technologies 10.5%; peer average 12.2%).
From Veedol Corporation's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.