---
title: "Vandan Foods Ltd (544436) — Share Price, Financials & Analysis"
symbol: "544436"
company: "Vandan Foods Ltd"
canonical: "https://tapetide.com/stocks/544436"
isin: "INE0RDJ01019"
nse_symbol: "VANDANFOODSLTD"
bse_code: "544436"
sector: "FMCG"
industry: "FMCG Products"
market_cap_cr: 19.2
generated_at: "2026-09-13T20:38:58.325Z"
---

# Vandan Foods Ltd (544436)

Canonical page: https://tapetide.com/stocks/544436

## Company

- **NSE Symbol:** VANDANFOODSLTD
- **BSE Code:** 544436
- **ISIN:** INE0RDJ01019
- **Sector:** FMCG
- **Industry:** FMCG Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2025-07-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vandanfoods.in

## About

Incorporated in 1995, Vandan Foods Ltd is in the business of manufacturing Castor Oil and its derivatives[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:42:36.787941Z.

- **Market Cap:** ₹19.2 Cr
- **Classification:** SME
- **P/E (reported):** 14.5
- **Book Value:** ₹57.32
- **Price to Book:** 0.4
- **Dividend Yield:** 0%
- **ROE:** 42.16%
- **ROCE:** 42.74%
- **Debt to Equity:** 0.52
- **Revenue (yearly):** ₹259.63 Cr
- **Net Income:** ₹1.4 Cr
- **EBITDA:** ₹5.11 Cr
- **52-Week High:** ₹65.99
- **52-Week Low:** ₹19.81
- **RSI (14):** 13.91

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.34 | 9% |
| growth | 98.9 | 9% |
| momentum | 10.3 | 12% |
| ownership | 50 | 24% |
| quality | 51.74 | 22% |
| valuation | 46.12 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.40 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 20.0 to 37.2 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | — | -567.05% | — |
| ebitda margin growth | -79.65% | -73.73% | -45.43% |
| net income growth | -79.71% | 27% | — |
| revenue growth | 139.95% | 182% | 176.72% |
| roce | 23.24% | 8.26% | 28.23% |
| roe | 62.47% | 32.55% | 42.72% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 34 | 54 | 54 | 99 | 161 |
| Expenses | 33 | 51 | 47 | 91 | 163 |
| Operating Profit | 1 | 3 | 7 | 7 | -2 |
| OPM % | 2.3 | 6 | 13 | 7 | -1.4 |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 3 | 6 | 6 | -4 |
| Tax % | 57 | 29 | 25 | 31 | -32 |
| Net Profit | 0 | 2 | 5 | 4 | -3 |
| EPS in Rs | 1.08 | 3.59 | 8.44 | 4.99 | -3.41 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 1 | 12 | 49 | 108 | 260 |
| Expenses | 2 | 11 | 45 | 98 | 255 |
| Operating Profit | 0 | 1 | 4 | 10 | 5 |
| OPM % | -5 | 9 | 8 | 10 | 2 |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 2 |
| Profit before tax | 0 | 1 | 3 | 9 | 2 |
| Tax % | -15 | 26 | 25 | 26 | 27 |
| Net Profit | 0 | 1 | 2 | 7 | 1 |
| EPS in Rs | -110 | 46.92 | 8.56 | 12.03 | 1.57 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.14 | 3 | 6 | 8 |
| Reserves | 0 | 2 | 7 | 11 | 40 |
| Borrowings | 3 | 0 | 0 | 18 | 25 |
| Other Liabilities | 1 | 2 | 3 | 14 | 45 |
| Total Liabilities | 4 | 5 | 12 | 49 | 119 |
| Fixed Assets | 1 | 0 | 6 | 6 | 21 |
| CWIP | 0 | 0 | 0 | 5 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4 | 4 | 6 | 37 | 98 |
| Total Assets | 4 | 5 | 12 | 49 | 119 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 3 | 1 | -12 | -24 |
| Cash from Investing Activity | 0 | 0 | -5 | -6 | -11 |
| Cash from Financing Activity | 0 | -1 | 4 | 17 | 35 |
| Net Cash Flow | 0 | 1 | 0 | -1 | 0 |
| Free Cash Flow | 0 | 3 | -4 | -18 | -35 |
| CFO/OP | -312 | 288 | 49 | -93 | -466 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 170 | 2 | 3 | 20 | 37 |
| Inventory Days | 608 | 88 | 43 | 108 | 97 |
| Days Payable | 1898 | 0 | 0 | 38 | 31 |
| Cash Conversion Cycle | -1120 | 90 | 46 | 90 | 104 |
| Working Capital Days | 686 | 17 | 21 | 42 | 38 |
| ROCE % | — | 28 | 59 | 47 | 7 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2024 | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 96.94% | 96.94% | 66.42% | 66.42% |
| FIIs | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0% | 0% | 31.37% | 31.61% |
| Others | 3.06% | 3.06% | 2.22% | 1.98% |
| No. of Shareholders | 10 | 10 | 1621 | 1359 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 23.9 | Sell |
| EMA (10) | 23.77 | Sell |
| SMA (20) | 24.07 | Sell |
| EMA (20) | 24.06 | Sell |
| SMA (50) | 24.69 | Sell |
| EMA (50) | 25.8 | Sell |
| SMA (100) | 30.32 | Sell |
| EMA (100) | 29.54 | Sell |
| SMA (200) | 37.89 | Sell |
| EMA (200) | 35.99 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.48 | Neutral |
| MACD (12,26,9) | -0.45 | Sell |
| Stochastic (14,3,3) | 39.42 | Neutral |
| ADX (14) | 31.02 | Buy |
| Williams %R (14) | -72.3 | Neutral |
| ATR (14) | 1.2 | High Volatility |
| ROC (12) | -8 | Sell |
| Stoch RSI (14) | 15.43 | Buy |
| UO (7,14,28) | 57.01 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62c7c630-2d4b-4844-9e37-5c006daa23a5.pdf) |
| 2026-08-29 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e227a9a6-977d-41d4-9043-53592df2c9f7.pdf) |
| 2026-08-29 | [Annual General Meeting Scheduled To Be Held On September 21 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6aabe7a2-7c05-4b05-be0a-b84f207acdc8.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=952a59f7-4087-4916-b97a-53ea61b7ae26.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6881d8c9-f55c-4912-884a-5071af8524bf.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b101840-7117-4b44-83ac-53bd7bba1704.pdf) |
| 2026-07-24 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0843675d-d7c9-43b5-9e2e-95bd09a3487d.pdf) |
| 2026-07-24 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=182a2d19-9df6-4cfd-8fc7-a1fed5360cf9.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de741159-f612-4886-a298-ec266a62a057.pdf) |
| 2026-07-04 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For Corporate Guarantee Given By The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69f95438-b491-487b-8f46-b80a572a7716.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-22 | [Audited Standalone Financial Results Of The Company For Half Year & Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f68d47f-d87f-4faa-bd1b-9f186ad5432a.pdf) |
| 2025-11-13 | [Un-Audited Financial Results For The Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1e0fb69-14c6-4a4e-a6f7-dc45df0379db.pdf) |
| 2025-07-26 | [Results For The Half Year And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=def826c2-f9d6-4a42-b70a-7d832a1f2d7e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 31 Mar - Monitoring report: IPO Rs30.36 crore, net proceeds Rs27.37cr; no deviations as of Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 31 Mar - Monitoring report: IPO Rs30.36 crore, net proceeds Rs27.37cr; no deviations as of Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5374509c-5ea1-435c-aa12-265680be1e3f.pdf) |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after FY2026 results announcement. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after FY2026 results announcement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8860c310-bcc8-4aa8-b6c2-3b93eb7112ca.pdf) |
| 25 Feb - Postal ballot to appoint Rakeshkumar R. Patel MD from 12 Feb 2026; remuneration up to Rs1.20 crore p.a.; five-year term requested. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 25 Feb - Postal ballot to appoint Rakeshkumar R. Patel MD from 12 Feb 2026; remuneration up to Rs1.20 crore p.a.; five-year term requested.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72941cc5-8777-47b8-8d0b-350a1662f53a.pdf) |
| 20 Nov 2025 - Monitoring report for IPO Rs30.36 crore for quarter ended Sep 30, 2025; net utilized Rs27.11 crore, no deviations. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 20 Nov 2025 - Monitoring report for IPO Rs30.36 crore for quarter ended Sep 30, 2025; net utilized Rs27.11 crore, no deviations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/323a59bf-5fc0-4ca1-94d5-8be45c5dadd8.pdf) |
| 12 Dec 2025 - Issued corporate guarantee up to INR 7.5 crore for Pharmearth's Bank of India working capital facility. | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 For Corporate Guarantee Given By The Company 12 Dec 2025 - Issued corporate guarantee up to INR 7.5 crore for Pharmearth's Bank of India working capital facility.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c5a9d5f-5c66-4fce-bdb5-07515dea4da3.pdf) |
| 11 Feb - Jitendra Patel relinquished MD Feb 11; appointed Non-Executive Chairman Feb 12; Rakeshkumar Patel appointed Managing Director Feb 12 for five years. | [Announcement under Regulation 30 (LODR)-Change in Directorate 11 Feb - Jitendra Patel relinquished MD Feb 11; appointed Non-Executive Chairman Feb 12; Rakeshkumar Patel appointed Managing Director Feb 12 for five years.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9cd1163e-fc3d-405c-94c9-2d5e96a7bbf1.pdf) |
| 10 Apr - Submitted Regulation 74(5) certificate for quarter and year ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Submitted Regulation 74(5) certificate for quarter and year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdaf6c6b-4a62-4976-9076-ab45af7a0af2.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 28 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c8341a2-ed99-4dd2-8333-fe3ac88a5ad2.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 28 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c6f727e-acdf-4c76-8fc3-f34d6f70c8f8.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06a3a11a-e380-4e73-b7d6-055f8eef536c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75a349d2-d5ae-48a2-bce3-c6e88924c931.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:38:58.325Z.