---
title: "Vadilal Industries Ltd (VADILALIND) — Share Price, Financials & Analysis"
symbol: "VADILALIND"
company: "Vadilal Industries Ltd"
canonical: "https://tapetide.com/stocks/VADILALIND"
isin: "INE694D01016"
nse_symbol: "VADILALIND"
bse_code: "519156"
sector: "Fast Moving Consumer Goods"
industry: "Food Products"
market_cap_cr: 5043.34
generated_at: "2026-09-13T18:58:13.128Z"
---

# Vadilal Industries Ltd (VADILALIND)

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

## Company

- **NSE Symbol:** VADILALIND
- **BSE Code:** 519156
- **ISIN:** INE694D01016
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2011-06-15
- **CEO:** Ms. Rashmi Tushar Bhatt
- **Employees:** 713
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vadilalgroup.com

## About

Vadilal was started as a soda company in 1907, the founder Vadilal Gandhi used to make ice cream by the traditional Kothi method. Vadilal Gandhi passed on the business to his son, Ranchod Lal Gandhi, who ran a one-man operation with a hand-cranked machine, started a small retail outlet in 1926. [1]
The Company is engaged in the business of manufacturing Ice-cream, Frozen Dessert, Juicy, and Candy and processing and exporting Processed Food products, such as Frozen Fruits and Vegetables, Canned Fruit Pulp, Ready-to-eat and Ready-to serve products, etc. [2]

## Latest Price

- **Price:** ₹6960.5
- **Change:** -296 (-4.08%)
- **Open:** ₹7125
- **Day High:** ₹7217
- **Day Low:** ₹6887.5
- **Previous Close:** ₹7256.5
- **Volume:** 52588
- **As Of:** 2026-09-11T10:20:04+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:02.436641Z.

- **Market Cap:** ₹5043.34 Cr
- **Classification:** Microcap
- **P/E (reported):** 23.8
- **P/E (TTM):** 22.84
- **EPS (TTM):** ₹304.73
- **EPS (reported):** ₹211.89
- **Book Value:** ₹1077.98
- **Price to Book:** 6.71
- **Dividend Yield:** 0.23%
- **ROE:** 18.23%
- **ROCE:** 20.88%
- **Debt to Equity:** 0.27
- **Revenue (yearly):** ₹1524.8 Cr
- **Net Income:** ₹155.1 Cr
- **EBITDA:** ₹270.5 Cr
- **52-Week High:** ₹8447
- **52-Week Low:** ₹3996
- **RSI (14):** 45.24

## Tapetide Score

- **Score:** 68 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 98.8 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 83.13 | 9% |
| growth | 83.87 | 9% |
| momentum | 97.57 | 12% |
| ownership | 65.45 | 24% |
| quality | 68.97 | 22% |
| valuation | 43.3 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 28.35% | -25.49% | 346.67% |
| ebitda margin growth | 110.22% | -12.87% | -13.29% | 16.86% |
| net income growth | 138.43% | 3.19% | 15% | 102% |
| revenue growth | 67.33% | 21.46% | 12% | 27% |
| roce | 127.75% | -13.07% | -25.85% | 23.92% |
| roe | 138.63% | -15.64% | 22.25% | 21.37% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 289 | 174 | 251 | 464 | 296 | 204 | 275 | 507 | 341 | 239 | 416 | 680 |
| Expenses | 230 | 163 | 206 | 351 | 235 | 178 | 236 | 406 | 290 | 227 | 331 | 514 |
| Operating Profit | 59 | 11 | 46 | 113 | 61 | 26 | 39 | 100 | 51 | 11 | 85 | 166 |
| OPM % | 20 | 6 | 18 | 24 | 20 | 13 | 14 | 20 | 15 | 4.7 | 20 | 24 |
| Other Income | 4 | 4 | 3 | 4 | 5 | 4 | 3 | 4 | 7 | 4 | 7 | 27 |
| Interest | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 4 |
| Depreciation | 9 | 8 | 9 | 11 | 11 | 10 | 11 | 12 | 12 | 12 | 14 | 15 |
| Profit before tax | 50 | 3 | 35 | 103 | 52 | 17 | 27 | 89 | 43 | 0 | 73 | 174 |
| Tax % | 24 | -210 | 21 | 25 | 25 | 31 | 19 | 25 | 23 | 150 | 25 | 25 |
| Net Profit | 38 | 9 | 28 | 77 | 39 | 12 | 22 | 67 | 33 | 0 | 55 | 131 |
| EPS in Rs | 52.94 | 12.86 | 38.45 | 107.71 | 54.23 | 16.6 | 30.61 | 93.19 | 46.5 | -0.22 | 76.32 | 182.13 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 547 | 567 | 599 | 463 | 698 | 1058 | 1125 | 1240 | 1503 | 1676 |
| Expenses | 499 | 494 | 521 | 428 | 599 | 892 | 904 | 999 | 1254 | 1362 |
| Operating Profit | 48 | 73 | 79 | 36 | 99 | 166 | 221 | 241 | 249 | 314 |
| OPM % | 9 | 13 | 13 | 8 | 14 | 16 | 20 | 19 | 17 | 19 |
| Other Income | 6 | 10 | 10 | 16 | 8 | 10 | 12 | 15 | 21 | 46 |
| Interest | 15 | 14 | 17 | 21 | 19 | 16 | 18 | 14 | 16 | 17 |
| Depreciation | 16 | 17 | 24 | 23 | 24 | 30 | 35 | 42 | 49 | 52 |
| Profit before tax | 23 | 52 | 48 | 8 | 64 | 131 | 180 | 200 | 205 | 290 |
| Tax % | 32 | 36 | 14 | 40 | 30 | 26 | 19 | 25 | 24 | — |
| Net Profit | 16 | 33 | 41 | 5 | 45 | 96 | 146 | 150 | 155 | 219 |
| EPS in Rs | 21.79 | 46.41 | 57.57 | 6.44 | 62.19 | 133.96 | 203.05 | 209.15 | 215.78 | 304.73 |
| Dividend Payout % | 6 | 3 | 0 | 0 | 2 | 1 | 1 | 10 | 20 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 154 | 168 | 200 | 240 | 244 | 290 | 390 | 535 | 688 | 843 |
| Borrowings | 119 | 141 | 148 | 174 | 158 | 186 | 291 | 223 | 218 | 230 |
| Other Liabilities | 134 | 123 | 122 | 153 | 159 | 140 | 150 | 151 | 181 | 188 |
| Total Liabilities | 414 | 439 | 477 | 574 | 567 | 623 | 838 | 917 | 1094 | 1268 |
| Fixed Assets | 251 | 257 | 267 | 318 | 312 | 307 | 403 | 444 | 478 | 536 |
| CWIP | 5 | 7 | 13 | 9 | 5 | 3 | 20 | 12 | 10 | 20 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 16 | 6 | 21 |
| Other Assets | 158 | 175 | 196 | 247 | 250 | 313 | 410 | 445 | 601 | 691 |
| Total Assets | 414 | 439 | 477 | 574 | 567 | 623 | 838 | 917 | 1094 | 1268 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 46 | 17 | 44 | 67 | 82 | 32 | 39 | 192 | 111 | 143 |
| Cash from Investing Activity | -23 | -24 | -31 | -67 | -11 | -20 | -62 | -66 | -58 | -104 |
| Cash from Financing Activity | -20 | 6 | -10 | 4 | -56 | 8 | 9 | -114 | -61 | -38 |
| Net Cash Flow | 3 | -1 | 4 | 4 | 16 | 20 | -13 | 12 | -8 | 1 |
| Free Cash Flow | 22 | -8 | 12 | -2 | 67 | 11 | -18 | 133 | 33 | 47 |
| CFO/OP | 92 | 45 | 82 | 101 | 236 | 44 | 50 | 108 | 63 | 76 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 8 | 28 | 20 | 27 | 36 | 34 | 27 | 31 | 36 | 43 |
| Inventory Days | 135 | 119 | 157 | 179 | 211 | 170 | 167 | 146 | 234 | 196 |
| Days Payable | 92 | 91 | 86 | 98 | 165 | 85 | 58 | 62 | 88 | 71 |
| Cash Conversion Cycle | 51 | 56 | 91 | 107 | 81 | 119 | 135 | 115 | 182 | 168 |
| Working Capital Days | -37 | -4 | -5 | -14 | -20 | 17 | 29 | 50 | 83 | 89 |
| ROCE % | 17 | 13 | 20 | 17 | 7 | 19 | 26 | 27 | 25 | 22 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.73% | 64.72% | 64.72% | 64.72% |
| FIIs | 0% | 0% | 0.45% | 0.38% | 0.35% | 0.3% | 0.68% | 0.76% | 0.57% | 0.57% | 0.58% | 1.02% |
| DIIs | 0% | 0% | 0% | 0% | 0.05% | 0% | 0% | 0.44% | 0.47% | 0.42% | 0.42% | 1.26% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.34% | 23.03% | 22.31% | 22.35% | 21.96% | 21.76% | 20.8% | 18.51% | 18.9% | 18.65% | 19.38% | 18.56% |
| Others | 11.93% | 12.24% | 12.51% | 12.55% | 12.91% | 13.22% | 13.79% | 15.57% | 15.32% | 15.64% | 14.89% | 14.43% |
| No. of Shareholders | 13700 | 14286 | 14138 | 15948 | 19677 | 17827 | 18717 | 20622 | 19638 | 19230 | 22133 | 19041 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 8 / 3 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7497.75 | Sell |
| EMA (10) | 7399.97 | Sell |
| SMA (20) | 7483.48 | Sell |
| EMA (20) | 7418.02 | Sell |
| SMA (50) | 7158.92 | Sell |
| EMA (50) | 7080.14 | Sell |
| SMA (100) | 6185.3 | Buy |
| EMA (100) | 6492.14 | Buy |
| SMA (200) | 5487.98 | Buy |
| EMA (200) | 5922.42 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.75 | Neutral |
| MACD (12,26,9) | 41.66 | Sell |
| Stochastic (14,3,3) | 12.03 | Buy |
| ADX (14) | 33.39 | Buy |
| Williams %R (14) | -93.55 | Buy |
| ATR (14) | 268.88 | High Volatility |
| ROC (12) | -6.23 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 41.91 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Approved Q3 unaudited results (31 Dec 2025); standalone net loss ₹14.28 Cr; ₹4.18 Cr gratuity impact. | [Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended On 31-12-2025 9 Feb - Approved Q3 unaudited results (31 Dec 2025); standalone net loss ₹14.28 Cr; ₹4.18 Cr gratuity impact.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee815e33-0caf-4645-9458-248beb49a18a.pdf) |
| 6 May - Vadilal Industries confirms it is not a Large Corporate for FY 2025-26. | [Non-Applicability Of Annual Disclosure Regarding Large Corporate For The FY 2025-26 6 May - Vadilal Industries confirms it is not a Large Corporate for FY 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bfb7fd65-29cd-497a-91c6-da8668e67752.pdf) |
| 31 Jan - Board meeting 9 Feb 2026 to approve unaudited Q3 results (Dec 31, 2025); trading window closed till 11 Feb. | [Board Meeting Intimation for Declaration Of Financial Results 31 Jan - Board meeting 9 Feb 2026 to approve unaudited Q3 results (Dec 31, 2025); trading window closed till 11 Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2eba5f8-e0af-4fe1-b9f5-0ba845bc333b.pdf) |
| 30 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited FY2026 results announcement. | [Closure of Trading Window 30 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited FY2026 results announcement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/481740ab-7f47-4eea-8aab-f2bbdf2b1de0.pdf) |
| 29 Apr - Vadilal Industries confirms it is not a Large Corporate under SEBI debt circulars. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Vadilal Industries confirms it is not a Large Corporate under SEBI debt circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b2bba2d4-4948-40af-94eb-9bf15175f165.pdf) |
| 29 Apr - Vadilal Industries confirms it is not a Large Corporate under SEBI debt circulars. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Vadilal Industries confirms it is not a Large Corporate under SEBI debt circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b2bba2d4-4948-40af-94eb-9bf15175f165.pdf) |
| 21 Feb - Vadilal Industries independent director Shivakumar Dega resigned Feb 17, 2026 alleging statutory non-compliance; board formed sub-committee. | [Announcement under Regulation 30 (LODR)-Resignation of Director 21 Feb - Vadilal Industries independent director Shivakumar Dega resigned Feb 17, 2026 alleging statutory non-compliance; board formed sub-committee.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0290b9a-88bf-421a-8657-a3a1ad0ffb5f.pdf) |
| 18 Feb - Mr. Shivakumar Dega resigned as Independent Director effective 17 Feb 2026; disclosures to follow within timeline for LODR requirements. | [Announcement under Regulation 30 (LODR)-Resignation of Director 18 Feb - Mr. Shivakumar Dega resigned as Independent Director effective 17 Feb 2026; disclosures to follow within timeline for LODR requirements.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c6d7305-1eb9-4fa5-9d1f-49f200a50650.pdf) |
| 11 Sep - Distribution agreement with Vadilal Enterprises expires 30 Sep 2026; renewal fails, ending from 1 Oct 2026. | [Announcement Under Regulation 30 Of SEBI LODR 11 Sep - Distribution agreement with Vadilal Enterprises expires 30 Sep 2026; renewal fails, ending from 1 Oct 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce4270bd-b603-4e6c-9262-8e0a624910ab.pdf) |
| 11 Sep - 42nd AGM voting results घोषित; standalone and consolidated accounts adopted, dividend approved, all 4 resolutions passed. | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 11 Sep - 42nd AGM voting results घोषित; standalone and consolidated accounts adopted, dividend approved, all 4 resolutions passed.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d29ad11d-36c4-4d71-8df8-f6dff385c50e.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de36331f-e4ea-4fa3-8eea-1f8551d85333.pdf) |
| 2026-08-22 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F0B764DF_B099_44E2_8DC7_0B4DC105536A_105252.pdf) |
| 2026-08-22 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4652C3DF_0752_44F1_B116_A2495216ACEF_105343.pdf) |
| 2026-08-22 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B8F155B1_DBDA_4E76_8DC1_1FCA28816E12_105914.pdf) |
| 2026-08-20 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63E106B8_5771_40A1_AB17_A1932D2AF3BA_110055.pdf) |
| 2026-08-20 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=827BD5FC_2F7E_4AB0_B0EC_2DAA4CFC2346_110248.pdf) |
| 2026-08-18 | [Corporate Action-Fixes Record Date For Final Dividend For F.Y. 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3dbcb17c-bc07-454e-bd47-84145cd520b1.pdf) |
| 2026-08-17 | [Notice Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=368c3bda-92e2-4eaf-978e-a98d4f03143c.pdf) |
| 2026-08-17 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fdda8da-8178-4d4d-bea5-9163f26ec40d.pdf) |
| 2026-08-17 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=849277f4-685d-4387-927a-d1344d5268e9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Results-Financials Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=709af197-c357-4a0a-af0b-1d2db9aa6f19.pdf) |
| 2024-11-14 | [Board Meeting Outcome for Outcome Of Board Meeting Dated 14.11.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87ec029e-77a8-4ef4-9f45-2b23d00b6722.pdf) |
| 2024-05-26 | [Financial Result As Of 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=274aaf7b-1dbf-4037-92e2-9513a2eb206e.pdf) |
| 2023-05-29 | [Board Meeting Outcome for Submission Of Audited Financial Results (Standalone & Consolidated) For The Quarter/ Year Ended On 31St March, 2023 Along With Auditor''s Report Of Statutory Auditors For The Quarter/Year Ended On 31St March, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8463ad38-fd01-4195-8f52-8be85fb80d59.pdf) |
| 2023-02-07 | [Unaudited Financial Results (Standalone & Consolidated) Of The Company For Quarter And Nine<BR> Months Period Ended 31St December, 2022 Along With The Limited Review Report Of The Statutory<BR> Auditors Thereon.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76735beb-83c1-44c4-b386-4d859e47f883.pdf) |
| 2022-11-25 | [DISCLOSURE OF RELATED PARTY TRANSACTIONS UNDER REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 FOR HALF YEAR ENDED SEPTEMBER 30, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72482c76-8ac4-4d4b-ab35-dbeacac645e7.pdf) |
| 2022-11-11 | [Unaudited Financial Results (Standalone & Consolidated) Of The Company For Quarter And Half Year Ended 30Th September, 2022 Along With The Limited Review Report Of The Statutory Auditors Thereon.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b09120d-c385-49b4-a8b7-14a68a22b9d1.pdf) |
| 2022-08-10 | [Unaudited Financial Results (Standalone & Consolidated) Of The Company For Quarter Ended 30Th June, 2022 Along With The Limited Review Report Of The Statutory Auditors Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1987abcd-ce49-42c4-8269-c1505423215f.pdf) |
| 2022-06-11 | [DISCLOSURE OF RELATED PARTY TRANSACTIONS UNDER REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d35724b3-cb5f-4c1b-8989-d85c5daa4d98.pdf) |
| 2022-05-28 | [Board Meeting Outcome for Submission Of Audited Financial Results (Standalone & Consolidated) For The Quarter/ Year<BR> Ended On 31* March, 2022 Along With Auditors' Report Of Statutory Auditors For The<BR> Quarter/Year Ended On 31* March, 2022.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0ad4c39-462e-4eaa-997d-aa2d5ca39fcb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1916_VADILALIND_2012_2013_20092013133728.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb14f0fe-b7a2-4d00-80a5-059520be5347.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f5c0e06-b337-4414-aa9e-bfa03a18c535.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d592278a-a012-452f-bd52-9d577c178150.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/519156/76197519156.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/519156/69880519156.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/519156/66054519156.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a171414a-8ca2-469b-8b9c-2ed9a3f46c3a.pdf) |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a171414a-8ca2-469b-8b9c-2ed9a3f46c3a.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d121f417-91f4-4cbc-ba2f-9b43266245f7.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/d121f417-91f4-4cbc-ba2f-9b43266245f7.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91e98726-b79f-4a65-9976-a67564bc9cf8.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=097b6276-e189-4da9-861f-383cbbbba5db.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/91e98726-b79f-4a65-9976-a67564bc9cf8.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/097b6276-e189-4da9-861f-383cbbbba5db.pdf) |
| Jun 2018 | [Concall - Jun 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ddfaca0-ee7a-4bfc-b661-bf976ce15bbe.pdf) |
| Jun 2018 | [Concall - Jun 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/3ddfaca0-ee7a-4bfc-b661-bf976ce15bbe.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 2026-09-13T18:58:13.128Z.