VEEDOL · NSE
Veedol Corporation Limited
₹1,377.7
-0.55% (-₹7.6)
Prev. close
₹1,385.3
Volume
9,305
Delivery %
71.5%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Veedol Corporation Limited
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 hydraulic, compressor, refrigeration compressor, steam cylinder, industrial gear, slideway, mill roll, pneumatic tool, and transmission oils; thermic and automotive fluids; lithium based and complex greases, graphite, calcium complex, and high-temperature greases; cardium compounds; and coolants. In addition, it provides vehicle care products, such as additives range, appearance enhancers, cleaners and degreasers, lubricants, and rust penetrants. Further, it engages in the wind energy business. The company's distribution network consists of distributors, retail outlets, and workshops. It operates in Europe, the Americas, the Middle East, Africa, the Asia Pacific, and South Asia. The company was formerly known as Tide Water Oil Co. (India) Limited and changed its name to Veedol Corporation Limited in September 2024. Veedol Corporation Limited was incorporated in 1921 and is based in Kolkata, India.
Details
Sector
Basic Materials
Industry
Specialty Chemicals
CEO
Mr. Upendra Gadre
Headquarters
Kolkata
Employees
502
Website
veedolindia.comExchange
View on NSE ↗Key stats
Market cap
₹2,341.38 Cr
P/E ratio (TTM)
10.6
Dividend yield
4.21%
EPS (TTM)
₹129.37
Beta (1Y · daily vs NIFTY 50)
0.92
Beta (5Y · monthly vs NIFTY 50)
1.26
Shares float
52.46 L
EPS · quarter ended Jun 2026
₹45.85
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.1% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,258.48 Cr | ₹1,535.71 Cr | ₹1,853.80 Cr | ₹1,931.19 Cr | ₹1,970.49 Cr | ₹2,168.54 Cr | |
| EBITDA | ₹186.44 Cr | ₹166.91 Cr | ₹164.11 Cr | ₹204.19 Cr | ₹233.68 Cr | ₹274.97 Cr |
| ₹141.33 Cr | ₹122.91 Cr | ₹114.49 Cr | ₹142.93 Cr | ₹168.75 Cr | ₹191.62 Cr | |
| Diluted EPS | ₹83.16 | ₹72.32 | ₹67.37 | ₹84.1 | ₹99.29 | ₹112.75 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,040.45 Cr | ₹1,036.04 Cr | ₹1,098.14 Cr | ₹1,156.21 Cr | ₹1,252.76 Cr | ₹1,406.05 Cr | |
| ₹18.29 Cr | ₹14.36 Cr | ₹4.58 Cr | ₹1.25 Cr | ₹21.96 Cr | ₹15.89 Cr | |
| Stockholders' equity | ₹736.56 Cr | ₹719.83 Cr | ₹763.60 Cr | ₹827.49 Cr | ₹914.05 Cr | ₹1,035.61 Cr |
Fixed assets, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹69.33 Cr | ₹93.44 Cr | ₹103.48 Cr | ₹155.50 Cr | ₹29.72 Cr | ₹193.79 Cr | |
| Investing cash flow | ₹38.47 Cr | ₹37.31 Cr | ₹5.73 Cr | ₹-91.81 Cr | ₹72.08 Cr | ₹47.24 Cr |
| ₹-102.49 Cr | ₹-142.25 Cr | ₹-81.47 Cr | ₹-85.21 Cr | ₹-98.89 Cr | ₹-121.96 Cr | |
| Capital expenditure | ₹-18.37 Cr | ₹-8.60 Cr | ₹-15.45 Cr | ₹-47.24 Cr | ₹-42.18 Cr | ₹-34.59 Cr |
| End cash position | ₹43.05 Cr | ₹31.56 Cr | ₹59.82 Cr | ₹38.86 Cr | ₹43.08 Cr | ₹168.10 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Sep 23(9Q) | Dec 23–Mar 24(2Q) | Jun 24 | Sep 24–Mar 25(3Q) | Jun 25 | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|---|---|
| Promoter | 57.28% | 62.27% | 64.15% | 64.29% | 62.35% | 64.58% |
| Public | 40.26% | 35.27% | 33.39% | 33.25% | 35.19% | 32.95% |
| Employee trusts | 2.46% | 2.46% | 2.46% | 2.46% | 2.46% | 2.46% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Veedol Corporation Limited | ₹2,341.38 Cr | ₹1,377.7 | 10.6 | 2.26 | 18.5% | 0.02 | +9.9% | -29.5% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 26
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Veedol Corp Standalone June 2026 Net Sales at Rs 392.30 crore, up 5.24% Y-o-Y
Moneycontrol.com · 1 month ago