Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Vadilal Industries share price today

Vadilal Industries Ltd · NSE: VADILALIND · FMCG - Dairy Products · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Vadilal Industries share price today: ₹7,377.50 at the NSE close on 4 November 2026, up 39.8% in a year. Vadilal Industries (NSE: VADILALIND) is worth ₹5,305 crore, trades at a P/E of 22.1 and has closed between ₹4,046.60 and ₹7,900.00 over the past 52 weeks. Latest change: revenue up on a year earlier for 10 quarters in a row.

Turning aroundBusiness trend from the last 12 quarters
₹7,377.50Price +39.8% in a year
22.1×P/E higher than 51% of the last 10 years
₹463 CrRevenue (Sep 2026) +35.8% on a year ago
₹55.0 CrProfit (Sep 2026) +66.7% on a year ago
18.0%Operating margin +3.0 points on a year ago
22%ROCE FY26
21.9%ROIC against a 12.0% cost of capital: +9.9 points

Vadilal Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +39.8% in a year while yearly earnings per share moved +3.2%. The difference came from the market paying a higher multiple.

The price has been rising for 20 weeks, and the P/E is higher than 51% of its own last 10 years. Over the last four quarters, results have been improving, with profit +66.7% on a year earlier, and 99% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Vadilal Industries share price today?

Vadilal Industries Ltd's share price was ₹7,377.50 at the close on 4 November 2026. It has been rising for 20 weeks. That is 17.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹4,047 and ₹7,900, and at that close it sat 86% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Vadilal Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 30 weeks in a row.

1Y

Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.

  • Price ₹7,378
  • 50-day avg ₹7,198
  • 200-day avg ₹6,272
Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹5,313₹5,390₹5,137
7 Nov 2025₹5,277₹5,381₹5,145
14 Nov 2025₹5,117₹5,348₹5,148
21 Nov 2025₹5,287₹5,329₹5,152
28 Nov 2025₹5,388₹5,335₹5,162
5 Dec 2025₹5,340₹5,350₹5,175
12 Dec 2025₹5,128₹5,318₹5,175
19 Dec 2025₹4,981₹5,261₹5,166
26 Dec 2025₹4,989₹5,225₹5,161
2 Jan 2026₹4,862₹5,169₹5,149
9 Jan 2026₹4,638₹5,093₹5,130
16 Jan 2026₹4,509₹5,015₹5,107
23 Jan 2026₹4,047₹4,857₹5,061
1 Feb 2026₹4,310₹4,763₹5,025
6 Feb 2026₹4,581₹4,735₹5,005
13 Feb 2026₹5,139₹4,796₹5,008
20 Feb 2026₹4,860₹4,827₹5,006
27 Feb 2026₹4,945₹4,838₹5,000
6 Mar 2026₹5,102₹4,873₹5,003
13 Mar 2026₹4,681₹4,879₹4,999
20 Mar 2026₹4,532₹4,827₹4,979
27 Mar 2026₹4,291₹4,750₹4,953
17 Apr 2026₹4,588₹4,641₹4,896
24 Apr 2026₹4,433₹4,620₹4,878
30 Apr 2026₹4,697₹4,635₹4,872
8 May 2026₹4,603₹4,635₹4,860
15 May 2026₹4,191₹4,575₹4,833
22 May 2026₹4,330₹4,515₹4,804
29 May 2026₹4,843₹4,518₹4,794
4 Jun 2026₹5,493₹4,647₹4,817
5 Jun 2026₹5,781₹4,691₹4,826
9 Jun 2026₹5,758₹4,768₹4,844
10 Jun 2026₹5,927₹4,814₹4,854
12 Jun 2026₹6,009₹4,903₹4,877
17 Jun 2026₹6,169₹5,041₹4,913
19 Jun 2026₹6,108₹5,127₹4,938
24 Jun 2026₹6,417₹5,270₹4,981
25 Jun 2026₹6,377₹5,313₹4,995
1 Jul 2026₹6,086₹5,418₹5,032
3 Jul 2026₹6,362₹5,485₹5,057
10 Jul 2026₹6,410₹5,649₹5,122
17 Jul 2026₹6,716₹5,836₹5,197
24 Jul 2026₹6,711₹6,004₹5,274
31 Jul 2026₹7,215₹6,196₹5,361
7 Aug 2026₹7,208₹6,390₹5,454
14 Aug 2026₹7,749₹6,594₹5,554
21 Aug 2026₹7,418₹6,742₹5,644
28 Aug 2026₹7,900₹6,886₹5,736
4 Sep 2026₹7,655₹7,024₹5,830
11 Sep 2026₹6,961₹7,080₹5,903
18 Sep 2026₹7,362₹7,093₹5,953
25 Sep 2026₹7,535₹7,165₹6,028
28 Sep 2026₹7,369₹7,173₹6,041
1 Oct 2026₹7,187₹7,182₹6,077
9 Oct 2026₹7,162₹7,185₹6,132
16 Oct 2026₹7,131₹7,184₹6,183
23 Oct 2026₹6,958₹7,172₹6,219
30 Oct 2026₹7,493₹7,198₹6,272
4 Nov 2026₹7,378₹7,198₹6,272
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.

  • Price ₹7,378
  • 50-day avg ₹7,198
  • 200-day avg ₹6,272
Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹2,482₹2,560₹2,515
12 Nov 2023₹2,498₹2,554₹2,516
17 Nov 2023₹2,432₹2,539₹2,514
24 Nov 2023₹2,469₹2,524₹2,511
1 Dec 2023₹2,469₹2,516₹2,509
8 Dec 2023₹2,430₹2,500₹2,505
15 Dec 2023₹2,340₹2,479₹2,499
22 Dec 2023₹2,250₹2,444₹2,489
29 Dec 2023₹2,529₹2,433₹2,484
5 Jan 2024₹2,344₹2,428₹2,480
12 Jan 2024₹2,582₹2,451₹2,484
20 Jan 2024₹2,704₹2,497₹2,494
25 Jan 2024₹2,895₹2,541₹2,506
2 Feb 2024₹3,241₹2,646₹2,536
9 Feb 2024₹3,495₹2,776₹2,576
16 Feb 2024₹3,827₹2,925₹2,625
23 Feb 2024₹3,689₹3,067₹2,678
2 Mar 2024₹3,630₹3,172₹2,730
7 Mar 2024₹3,522₹3,223₹2,760
15 Mar 2024₹3,442₹3,253₹2,791
22 Mar 2024₹4,294₹3,354₹2,840
28 Mar 2024₹4,344₹3,460₹2,883
5 Apr 2024₹4,283₹3,629₹2,957
12 Apr 2024₹4,196₹3,714₹3,006
19 Apr 2024₹4,000₹3,768₹3,048
26 Apr 2024₹4,470₹3,871₹3,111
3 May 2024₹4,684₹3,977₹3,168
10 May 2024₹4,583₹4,110₹3,244
18 May 2024₹4,925₹4,271₹3,338
24 May 2024₹4,954₹4,359₹3,398
31 May 2024₹4,294₹4,355₹3,444
7 Jun 2024₹4,437₹4,338₹3,483
14 Jun 2024₹4,484₹4,377₹3,536
21 Jun 2024₹4,479₹4,397₹3,574
28 Jun 2024₹4,244₹4,372₹3,608
5 Jul 2024₹4,402₹4,375₹3,645
12 Jul 2024₹4,233₹4,363₹3,678
19 Jul 2024₹4,237₹4,354₹3,702
26 Jul 2024₹4,231₹4,337₹3,730
2 Aug 2024₹4,382₹4,345₹3,761
9 Aug 2024₹4,203₹4,316₹3,782
16 Aug 2024₹4,132₹4,284₹3,794
23 Aug 2024₹3,981₹4,229₹3,803
30 Aug 2024₹4,122₹4,213₹3,820
6 Sep 2024₹4,169₹4,206₹3,837
13 Sep 2024₹4,501₹4,230₹3,861
20 Sep 2024₹4,261₹4,262₹3,888
27 Sep 2024₹3,976₹4,209₹3,892
4 Oct 2024₹3,904₹4,168₹3,894
11 Oct 2024₹4,049₹4,119₹3,894
18 Oct 2024₹3,965₹4,100₹3,899
25 Oct 2024₹3,666₹4,034₹3,892
1 Nov 2024₹3,892₹3,985₹3,885
8 Nov 2024₹3,822₹3,967₹3,885
14 Nov 2024₹3,557₹3,923₹3,877
22 Nov 2024₹3,662₹3,885₹3,869
29 Nov 2024₹3,772₹3,854₹3,861
6 Dec 2024₹4,203₹3,890₹3,870
13 Dec 2024₹3,914₹3,903₹3,875
20 Dec 2024₹4,013₹3,913₹3,879
27 Dec 2024₹4,074₹3,944₹3,888
3 Jan 2025₹3,975₹3,952₹3,893
10 Jan 2025₹3,550₹3,913₹3,886
17 Jan 2025₹3,608₹3,852₹3,870
24 Jan 2025₹3,551₹3,794₹3,854
1 Feb 2025₹3,885₹3,783₹3,847
7 Feb 2025₹3,793₹3,798₹3,848
14 Feb 2025₹3,737₹3,788₹3,843
21 Feb 2025₹3,796₹3,770₹3,835
28 Feb 2025₹3,586₹3,767₹3,832
7 Mar 2025₹4,495₹3,862₹3,854
13 Mar 2025₹4,715₹3,990₹3,888
21 Mar 2025₹5,196₹4,188₹3,946
28 Mar 2025₹4,592₹4,298₹3,988
4 Apr 2025₹5,549₹4,486₹4,050
11 Apr 2025₹5,782₹4,639₹4,107
17 Apr 2025₹6,276₹4,793₹4,163
25 Apr 2025₹6,735₹5,170₹4,295
2 May 2025₹6,257₹5,364₹4,381
9 May 2025₹6,311₹5,529₹4,473
16 May 2025₹6,815₹5,787₹4,594
23 May 2025₹5,906₹5,904₹4,685
30 May 2025₹5,338₹5,847₹4,729
6 Jun 2025₹5,447₹5,773₹4,763
13 Jun 2025₹5,336₹5,708₹4,796
20 Jun 2025₹5,537₹5,648₹4,824
27 Jun 2025₹5,564₹5,637₹4,861
4 Jul 2025₹5,352₹5,605₹4,890
11 Jul 2025₹5,238₹5,548₹4,910
18 Jul 2025₹5,317₹5,496₹4,927
25 Jul 2025₹5,492₹5,512₹4,959
1 Aug 2025₹5,187₹5,470₹4,975
8 Aug 2025₹4,864₹5,407₹4,982
14 Aug 2025₹4,904₹5,340₹4,981
22 Aug 2025₹4,941₹5,265₹4,978
29 Aug 2025₹5,084₹5,228₹4,980
5 Sep 2025₹5,227₹5,206₹4,986
12 Sep 2025₹5,606₹5,255₹5,009
19 Sep 2025₹5,614₹5,329₹5,041
26 Sep 2025₹5,428₹5,397₹5,074
3 Oct 2025₹5,490₹5,399₹5,087
10 Oct 2025₹5,310₹5,390₹5,100
17 Oct 2025₹5,376₹5,377₹5,111
24 Oct 2025₹5,422₹5,378₹5,121
31 Oct 2025₹5,313₹5,390₹5,137
7 Nov 2025₹5,277₹5,381₹5,145
14 Nov 2025₹5,117₹5,348₹5,148
21 Nov 2025₹5,287₹5,329₹5,152
28 Nov 2025₹5,388₹5,335₹5,162
5 Dec 2025₹5,340₹5,350₹5,175
12 Dec 2025₹5,128₹5,318₹5,175
19 Dec 2025₹4,981₹5,261₹5,166
26 Dec 2025₹4,989₹5,225₹5,161
2 Jan 2026₹4,862₹5,169₹5,149
9 Jan 2026₹4,638₹5,093₹5,130
16 Jan 2026₹4,509₹5,015₹5,107
23 Jan 2026₹4,047₹4,857₹5,061
1 Feb 2026₹4,310₹4,763₹5,025
6 Feb 2026₹4,581₹4,735₹5,005
13 Feb 2026₹5,139₹4,796₹5,008
20 Feb 2026₹4,860₹4,827₹5,006
27 Feb 2026₹4,945₹4,838₹5,000
6 Mar 2026₹5,102₹4,873₹5,003
13 Mar 2026₹4,681₹4,879₹4,999
20 Mar 2026₹4,532₹4,827₹4,979
27 Mar 2026₹4,291₹4,750₹4,953
17 Apr 2026₹4,588₹4,641₹4,896
24 Apr 2026₹4,433₹4,620₹4,878
30 Apr 2026₹4,697₹4,635₹4,872
8 May 2026₹4,603₹4,635₹4,860
15 May 2026₹4,191₹4,575₹4,833
22 May 2026₹4,330₹4,515₹4,804
29 May 2026₹4,843₹4,518₹4,794
4 Jun 2026₹5,493₹4,647₹4,817
5 Jun 2026₹5,781₹4,691₹4,826
9 Jun 2026₹5,758₹4,768₹4,844
10 Jun 2026₹5,927₹4,814₹4,854
12 Jun 2026₹6,009₹4,903₹4,877
17 Jun 2026₹6,169₹5,041₹4,913
19 Jun 2026₹6,108₹5,127₹4,938
24 Jun 2026₹6,417₹5,270₹4,981
25 Jun 2026₹6,377₹5,313₹4,995
1 Jul 2026₹6,086₹5,418₹5,032
3 Jul 2026₹6,362₹5,485₹5,057
10 Jul 2026₹6,410₹5,649₹5,122
17 Jul 2026₹6,716₹5,836₹5,197
24 Jul 2026₹6,711₹6,004₹5,274
31 Jul 2026₹7,215₹6,196₹5,361
7 Aug 2026₹7,208₹6,390₹5,454
14 Aug 2026₹7,749₹6,594₹5,554
21 Aug 2026₹7,418₹6,742₹5,644
28 Aug 2026₹7,900₹6,886₹5,736
4 Sep 2026₹7,655₹7,024₹5,830
11 Sep 2026₹6,961₹7,080₹5,903
18 Sep 2026₹7,362₹7,093₹5,953
25 Sep 2026₹7,535₹7,165₹6,028
28 Sep 2026₹7,369₹7,173₹6,041
1 Oct 2026₹7,187₹7,182₹6,077
9 Oct 2026₹7,162₹7,185₹6,132
16 Oct 2026₹7,131₹7,184₹6,183
23 Oct 2026₹6,958₹7,172₹6,219
30 Oct 2026₹7,493₹7,198₹6,272
4 Nov 2026₹7,378₹7,198₹6,272
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.

  • Price ₹7,378
  • 50-day avg ₹7,198
  • 200-day avg ₹6,272
Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹977₹1,061₹983
12 Nov 2021₹982₹1,039₹983
26 Nov 2021₹962₹1,013₹981
10 Dec 2021₹1,000₹1,001₹980
24 Dec 2021₹950₹981₹977
7 Jan 2022₹941₹968₹973
21 Jan 2022₹904₹952₹968
4 Feb 2022₹955₹937₹962
18 Feb 2022₹1,101₹975₹970
4 Mar 2022₹1,216₹1,055₹993
17 Mar 2022₹1,445₹1,150₹1,025
1 Apr 2022₹1,432₹1,232₹1,061
13 Apr 2022₹1,407₹1,288₹1,090
29 Apr 2022₹1,585₹1,369₹1,131
13 May 2022₹1,688₹1,480₹1,184
27 May 2022₹1,788₹1,573₹1,239
10 Jun 2022₹2,105₹1,689₹1,304
24 Jun 2022₹1,967₹1,759₹1,360
8 Jul 2022₹2,086₹1,857₹1,427
22 Jul 2022₹2,135₹1,942₹1,492
5 Aug 2022₹2,348₹2,028₹1,559
19 Aug 2022₹2,306₹2,109₹1,618
2 Sep 2022₹2,581₹2,226₹1,694
16 Sep 2022₹2,535₹2,360₹1,783
30 Sep 2022₹2,520₹2,410₹1,852
14 Oct 2022₹2,506₹2,446₹1,910
28 Oct 2022₹2,232₹2,411₹1,947
11 Nov 2022₹2,179₹2,333₹1,965
25 Nov 2022₹2,463₹2,342₹2,002
9 Dec 2022₹2,580₹2,393₹2,049
23 Dec 2022₹2,477₹2,478₹2,106
6 Jan 2023₹2,809₹2,554₹2,163
20 Jan 2023₹2,895₹2,609₹2,216
3 Feb 2023₹2,920₹2,680₹2,270
17 Feb 2023₹2,546₹2,663₹2,305
3 Mar 2023₹2,386₹2,627₹2,329
17 Mar 2023₹2,168₹2,517₹2,324
31 Mar 2023₹2,196₹2,414₹2,311
13 Apr 2023₹2,006₹2,327₹2,294
28 Apr 2023₹1,865₹2,189₹2,258
12 May 2023₹2,356₹2,215₹2,259
26 May 2023₹2,410₹2,274₹2,271
9 Jun 2023₹2,503₹2,366₹2,298
23 Jun 2023₹2,709₹2,418₹2,319
7 Jul 2023₹2,778₹2,533₹2,361
21 Jul 2023₹2,940₹2,678₹2,419
4 Aug 2023₹2,718₹2,721₹2,457
18 Aug 2023₹2,755₹2,735₹2,484
1 Sep 2023₹2,631₹2,721₹2,504
15 Sep 2023₹2,579₹2,682₹2,514
29 Sep 2023₹2,568₹2,641₹2,516
13 Oct 2023₹2,514₹2,604₹2,517
27 Oct 2023₹2,516₹2,580₹2,517
12 Nov 2023₹2,498₹2,554₹2,516
24 Nov 2023₹2,469₹2,524₹2,511
8 Dec 2023₹2,430₹2,500₹2,505
22 Dec 2023₹2,250₹2,444₹2,489
5 Jan 2024₹2,344₹2,428₹2,480
20 Jan 2024₹2,704₹2,497₹2,494
2 Feb 2024₹3,241₹2,646₹2,536
16 Feb 2024₹3,827₹2,925₹2,625
2 Mar 2024₹3,630₹3,172₹2,730
15 Mar 2024₹3,442₹3,253₹2,791
28 Mar 2024₹4,344₹3,460₹2,883
12 Apr 2024₹4,196₹3,714₹3,006
26 Apr 2024₹4,470₹3,871₹3,111
10 May 2024₹4,583₹4,110₹3,244
24 May 2024₹4,954₹4,359₹3,398
7 Jun 2024₹4,437₹4,338₹3,483
21 Jun 2024₹4,479₹4,397₹3,574
5 Jul 2024₹4,402₹4,375₹3,645
19 Jul 2024₹4,237₹4,354₹3,702
2 Aug 2024₹4,382₹4,345₹3,761
16 Aug 2024₹4,132₹4,284₹3,794
30 Aug 2024₹4,122₹4,213₹3,820
13 Sep 2024₹4,501₹4,230₹3,861
27 Sep 2024₹3,976₹4,209₹3,892
11 Oct 2024₹4,049₹4,119₹3,894
25 Oct 2024₹3,666₹4,034₹3,892
8 Nov 2024₹3,822₹3,967₹3,885
22 Nov 2024₹3,662₹3,885₹3,869
6 Dec 2024₹4,203₹3,890₹3,870
20 Dec 2024₹4,013₹3,913₹3,879
3 Jan 2025₹3,975₹3,952₹3,893
17 Jan 2025₹3,608₹3,852₹3,870
1 Feb 2025₹3,885₹3,783₹3,847
14 Feb 2025₹3,737₹3,788₹3,843
28 Feb 2025₹3,586₹3,767₹3,832
13 Mar 2025₹4,715₹3,990₹3,888
28 Mar 2025₹4,592₹4,298₹3,988
11 Apr 2025₹5,782₹4,639₹4,107
25 Apr 2025₹6,735₹5,170₹4,295
9 May 2025₹6,311₹5,529₹4,473
23 May 2025₹5,906₹5,904₹4,685
6 Jun 2025₹5,447₹5,773₹4,763
20 Jun 2025₹5,537₹5,648₹4,824
4 Jul 2025₹5,352₹5,605₹4,890
18 Jul 2025₹5,317₹5,496₹4,927
1 Aug 2025₹5,187₹5,470₹4,975
14 Aug 2025₹4,904₹5,340₹4,981
29 Aug 2025₹5,084₹5,228₹4,980
12 Sep 2025₹5,606₹5,255₹5,009
26 Sep 2025₹5,428₹5,397₹5,074
10 Oct 2025₹5,310₹5,390₹5,100
24 Oct 2025₹5,422₹5,378₹5,121
7 Nov 2025₹5,277₹5,381₹5,145
21 Nov 2025₹5,287₹5,329₹5,152
5 Dec 2025₹5,340₹5,350₹5,175
19 Dec 2025₹4,981₹5,261₹5,166
2 Jan 2026₹4,862₹5,169₹5,149
16 Jan 2026₹4,509₹5,015₹5,107
1 Feb 2026₹4,310₹4,763₹5,025
13 Feb 2026₹5,139₹4,796₹5,008
27 Feb 2026₹4,945₹4,838₹5,000
13 Mar 2026₹4,681₹4,879₹4,999
27 Mar 2026₹4,291₹4,750₹4,953
24 Apr 2026₹4,433₹4,620₹4,878
8 May 2026₹4,603₹4,635₹4,860
22 May 2026₹4,330₹4,515₹4,804
4 Jun 2026₹5,493₹4,647₹4,817
9 Jun 2026₹5,758₹4,768₹4,844
12 Jun 2026₹6,009₹4,903₹4,877
19 Jun 2026₹6,108₹5,127₹4,938
25 Jun 2026₹6,377₹5,313₹4,995
3 Jul 2026₹6,362₹5,485₹5,057
17 Jul 2026₹6,716₹5,836₹5,197
31 Jul 2026₹7,215₹6,196₹5,361
14 Aug 2026₹7,749₹6,594₹5,554
28 Aug 2026₹7,900₹6,886₹5,736
11 Sep 2026₹6,961₹7,080₹5,903
25 Sep 2026₹7,535₹7,165₹6,028
1 Oct 2026₹7,187₹7,182₹6,077
16 Oct 2026₹7,131₹7,184₹6,183
30 Oct 2026₹7,493₹7,198₹6,272
4 Nov 2026₹7,378₹7,198₹6,272
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.

  • Price ₹7,378
  • 50-day avg ₹7,198
  • 200-day avg ₹6,272
Nov 2026: ₹7,378, 17.6% above its 200-day average. The price has been rising for 20 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹570₹589₹603
18 Nov 2016₹501₹559₹592
9 Dec 2016₹547₹541₹582
30 Dec 2016₹486₹525₹571
20 Jan 2017₹524₹522₹564
10 Feb 2017₹617₹550₹567
3 Mar 2017₹681₹603₹581
24 Mar 2017₹840₹692₹610
13 Apr 2017₹921₹796₹651
5 May 2017₹967₹849₹686
26 May 2017₹882₹880₹719
16 Jun 2017₹815₹852₹733
7 Jul 2017₹865₹838₹744
28 Jul 2017₹903₹857₹763
18 Aug 2017₹854₹868₹779
8 Sep 2017₹1,090₹922₹805
29 Sep 2017₹941₹967₹836
19 Oct 2017₹951₹961₹851
10 Nov 2017₹981₹947₹862
1 Dec 2017₹992₹972₹882
22 Dec 2017₹995₹978₹896
12 Jan 2018₹965₹977₹906
2 Feb 2018₹821₹938₹905
23 Feb 2018₹887₹910₹900
16 Mar 2018₹907₹918₹904
6 Apr 2018₹876₹894₹898
27 Apr 2018₹886₹886₹895
18 May 2018₹806₹869₹889
8 Jun 2018₹733₹824₹873
29 Jun 2018₹703₹781₹853
20 Jul 2018₹664₹738₹830
10 Aug 2018₹795₹741₹817
31 Aug 2018₹556₹693₹794
21 Sep 2018₹503₹632₹764
12 Oct 2018₹451₹548₹721
2 Nov 2018₹463₹503₹685
22 Nov 2018₹486₹493₹660
14 Dec 2018₹524₹507₹641
4 Jan 2019₹544₹521₹627
25 Jan 2019₹494₹518₹612
15 Feb 2019₹483₹499₹593
8 Mar 2019₹578₹510₹583
29 Mar 2019₹608₹541₹583
18 Apr 2019₹601₹567₹586
10 May 2019₹498₹557₹581
31 May 2019₹537₹552₹576
21 Jun 2019₹510₹532₹567
12 Jul 2019₹533₹524₹559
2 Aug 2019₹520₹525₹555
23 Aug 2019₹566₹534₹554
13 Sep 2019₹787₹608₹573
4 Oct 2019₹786₹690₹603
27 Oct 2019₹768₹720₹623
15 Nov 2019₹754₹740₹641
6 Dec 2019₹714₹729₹652
27 Dec 2019₹703₹725₹660
17 Jan 2020₹800₹735₹672
7 Feb 2020₹885₹785₹697
28 Feb 2020₹796₹811₹716
20 Mar 2020₹513₹729₹705
9 Apr 2020₹546₹628₹677
30 Apr 2020₹509₹583₹658
22 May 2020₹493₹545₹636
12 Jun 2020₹529₹545₹624
3 Jul 2020₹519₹538₹611
24 Jul 2020₹643₹544₹602
14 Aug 2020₹607₹573₹603
4 Sep 2020₹765₹614₹610
25 Sep 2020₹780₹692₹635
16 Oct 2020₹773₹732₹654
6 Nov 2020₹781₹755₹672
27 Nov 2020₹809₹767₹687
18 Dec 2020₹784₹781₹702
8 Jan 2021₹816₹780₹712
29 Jan 2021₹810₹791₹724
19 Feb 2021₹854₹807₹738
12 Mar 2021₹908₹846₹759
1 Apr 2021₹913₹875₹778
23 Apr 2021₹911₹890₹794
14 May 2021₹998₹928₹818
4 Jun 2021₹996₹961₹843
25 Jun 2021₹979₹983₹867
16 Jul 2021₹1,027₹992₹886
6 Aug 2021₹1,154₹1,038₹913
27 Aug 2021₹1,101₹1,074₹941
17 Sep 2021₹1,054₹1,072₹958
8 Oct 2021₹1,082₹1,068₹972
29 Oct 2021₹977₹1,061₹983
18 Nov 2021₹933₹1,025₹982
10 Dec 2021₹1,000₹1,001₹980
31 Dec 2021₹910₹968₹973
21 Jan 2022₹904₹952₹968
11 Feb 2022₹1,056₹949₹964
4 Mar 2022₹1,216₹1,055₹993
25 Mar 2022₹1,363₹1,193₹1,043
13 Apr 2022₹1,407₹1,288₹1,090
6 May 2022₹1,689₹1,427₹1,156
27 May 2022₹1,788₹1,573₹1,239
17 Jun 2022₹1,845₹1,731₹1,334
8 Jul 2022₹2,086₹1,857₹1,427
29 Jul 2022₹2,171₹1,975₹1,523
19 Aug 2022₹2,306₹2,109₹1,618
9 Sep 2022₹2,610₹2,292₹1,737
30 Sep 2022₹2,520₹2,410₹1,852
21 Oct 2022₹2,325₹2,431₹1,932
11 Nov 2022₹2,179₹2,333₹1,965
2 Dec 2022₹2,566₹2,373₹2,027
23 Dec 2022₹2,477₹2,478₹2,106
13 Jan 2023₹2,740₹2,590₹2,192
3 Feb 2023₹2,920₹2,680₹2,270
24 Feb 2023₹2,608₹2,653₹2,320
17 Mar 2023₹2,168₹2,517₹2,324
6 Apr 2023₹2,125₹2,380₹2,305
28 Apr 2023₹1,865₹2,189₹2,258
19 May 2023₹2,423₹2,246₹2,265
9 Jun 2023₹2,503₹2,366₹2,298
30 Jun 2023₹2,860₹2,482₹2,340
21 Jul 2023₹2,940₹2,678₹2,419
11 Aug 2023₹2,858₹2,728₹2,472
1 Sep 2023₹2,631₹2,721₹2,504
22 Sep 2023₹2,473₹2,655₹2,513
13 Oct 2023₹2,514₹2,604₹2,517
3 Nov 2023₹2,482₹2,560₹2,515
24 Nov 2023₹2,469₹2,524₹2,511
15 Dec 2023₹2,340₹2,479₹2,499
5 Jan 2024₹2,344₹2,428₹2,480
25 Jan 2024₹2,895₹2,541₹2,506
16 Feb 2024₹3,827₹2,925₹2,625
7 Mar 2024₹3,522₹3,223₹2,760
28 Mar 2024₹4,344₹3,460₹2,883
19 Apr 2024₹4,000₹3,768₹3,048
10 May 2024₹4,583₹4,110₹3,244
31 May 2024₹4,294₹4,355₹3,444
21 Jun 2024₹4,479₹4,397₹3,574
12 Jul 2024₹4,233₹4,363₹3,678
2 Aug 2024₹4,382₹4,345₹3,761
23 Aug 2024₹3,981₹4,229₹3,803
13 Sep 2024₹4,501₹4,230₹3,861
4 Oct 2024₹3,904₹4,168₹3,894
25 Oct 2024₹3,666₹4,034₹3,892
14 Nov 2024₹3,557₹3,923₹3,877
6 Dec 2024₹4,203₹3,890₹3,870
27 Dec 2024₹4,074₹3,944₹3,888
17 Jan 2025₹3,608₹3,852₹3,870
7 Feb 2025₹3,793₹3,798₹3,848
28 Feb 2025₹3,586₹3,767₹3,832
21 Mar 2025₹5,196₹4,188₹3,946
11 Apr 2025₹5,782₹4,639₹4,107
2 May 2025₹6,257₹5,364₹4,381
23 May 2025₹5,906₹5,904₹4,685
13 Jun 2025₹5,336₹5,708₹4,796
4 Jul 2025₹5,352₹5,605₹4,890
25 Jul 2025₹5,492₹5,512₹4,959
14 Aug 2025₹4,904₹5,340₹4,981
5 Sep 2025₹5,227₹5,206₹4,986
26 Sep 2025₹5,428₹5,397₹5,074
17 Oct 2025₹5,376₹5,377₹5,111
7 Nov 2025₹5,277₹5,381₹5,145
28 Nov 2025₹5,388₹5,335₹5,162
19 Dec 2025₹4,981₹5,261₹5,166
9 Jan 2026₹4,638₹5,093₹5,130
1 Feb 2026₹4,310₹4,763₹5,025
20 Feb 2026₹4,860₹4,827₹5,006
13 Mar 2026₹4,681₹4,879₹4,999
17 Apr 2026₹4,588₹4,641₹4,896
8 May 2026₹4,603₹4,635₹4,860
29 May 2026₹4,843₹4,518₹4,794
9 Jun 2026₹5,758₹4,768₹4,844
17 Jun 2026₹6,169₹5,041₹4,913
25 Jun 2026₹6,377₹5,313₹4,995
10 Jul 2026₹6,410₹5,649₹5,122
31 Jul 2026₹7,215₹6,196₹5,361
21 Aug 2026₹7,418₹6,742₹5,644
11 Sep 2026₹6,961₹7,080₹5,903
28 Sep 2026₹7,369₹7,173₹6,041
16 Oct 2026₹7,131₹7,184₹6,183
4 Nov 2026₹7,378₹7,198₹6,272
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Jan 2026; Falling from Jan 2026 to Jun 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Sideways from Nov 2023 to Dec 2023; Falling from Dec 2023 to Feb 2024; Rising from Feb 2024 to Nov 2024; Falling from Nov 2024 to Dec 2024; Sideways from Dec 2024 to Jan 2025; Falling from Jan 2025 to Mar 2025; Rising from Apr 2025 to Jan 2026; Falling from Jan 2026 to Jun 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to Dec 2021; Falling from Jan 2022 to Mar 2022; Rising from Mar 2022 to Apr 2023; Falling from Apr 2023 to Jun 2023; Rising from Jul 2023 to Dec 2023; Falling from Dec 2023 to Feb 2024; Rising from Feb 2024 to Jan 2025; Falling from Feb 2025 to Mar 2025; Rising from Apr 2025 to Jan 2026; Falling from Jan 2026 to Jun 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Falling from Oct 2016 to Mar 2017; Rising from Mar 2017 to Mar 2018; Falling from Apr 2018 to Sep 2019; Rising from Oct 2019 to Mar 2020; Falling from Apr 2020 to Sep 2020; Rising from Sep 2020 to Dec 2021; Falling from Dec 2021 to Mar 2022; Rising from Mar 2022 to Apr 2023; Falling from Apr 2023 to Jun 2023; Rising from Jul 2023 to Nov 2023; Falling from Dec 2023 to Jan 2024; Rising from Feb 2024 to Jan 2025; Falling from Feb 2025 to Mar 2025; Rising from Apr 2025 to Jan 2026; Falling from Feb 2026 to Jun 2026; Rising from Jul 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 268 of 549 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+10.2%
17 Jun 2016−2.6%
24 Jun 2016−9.1%
1 Jul 2016−7.3%
8 Jul 2016−8.7%
15 Jul 2016−10.9%
22 Jul 2016−21.7%
29 Jul 2016−16.9%
5 Aug 2016−16.2%
12 Aug 2016−27.6%
19 Aug 2016−23.9%
26 Aug 2016−20.3%
2 Sep 2016−25.5%
9 Sep 2016−18.7%
16 Sep 2016−21.5%
23 Sep 2016−13.4%
30 Sep 2016−21.4%
7 Oct 2016−12.9%
14 Oct 2016−15.2%
21 Oct 2016−12.0%
30 Oct 2016−16.7%
4 Nov 2016−18.4%
11 Nov 2016−6.3%
18 Nov 2016−11.0%
25 Nov 2016−8.8%
2 Dec 2016−1.0%
9 Dec 2016−1.7%
16 Dec 2016−4.4%
23 Dec 2016−7.6%
30 Dec 2016−7.4%
6 Jan 2017−9.0%
13 Jan 2017−4.4%
20 Jan 2017−7.7%
27 Jan 2017+0.8%
3 Feb 2017+2.8%
10 Feb 2017+11.2%
17 Feb 2017+24.3%
23 Feb 2017+21.4%
3 Mar 2017+19.1%
10 Mar 2017+33.3%
17 Mar 2017+48.9%
24 Mar 2017+52.1%
31 Mar 2017+85.1%
7 Apr 2017+70.2%
13 Apr 2017+65.2%
21 Apr 2017+63.5%
28 Apr 2017+42.2%
5 May 2017+56.9%
12 May 2017+40.3%
19 May 2017+28.6%
26 May 2017+26.5%
2 Jun 2017+8.5%
9 Jun 2017−4.3%
16 Jun 2017−10.6%
23 Jun 2017−4.9%
30 Jun 2017−22.0%
7 Jul 2017−14.4%
14 Jul 2017−18.1%
21 Jul 2017−8.8%
28 Jul 2017−6.8%
4 Aug 2017−8.4%
11 Aug 2017−11.8%
18 Aug 2017−12.5%
24 Aug 2017−7.2%
1 Sep 2017+30.9%
8 Sep 2017+27.8%
15 Sep 2017+23.5%
22 Sep 2017+17.1%
29 Sep 2017+14.4%
6 Oct 2017+11.3%
13 Oct 2017+8.9%
19 Oct 2017+3.0%
27 Oct 2017−1.8%
3 Nov 2017−4.5%
10 Nov 2017+11.1%
17 Nov 2017+13.6%
24 Nov 2017+11.9%
1 Dec 2017−10.9%
8 Dec 2017−12.4%
15 Dec 2017−12.0%
22 Dec 2017−11.4%
29 Dec 2017−4.5%
5 Jan 2018−10.7%
12 Jan 2018−4.2%
19 Jan 2018−11.8%
25 Jan 2018−10.8%
2 Feb 2018−12.9%
9 Feb 2018−17.5%
16 Feb 2018−13.1%
23 Feb 2018−12.4%
1 Mar 2018−5.2%
9 Mar 2018−4.4%
16 Mar 2018−2.8%
23 Mar 2018−8.4%
28 Mar 2018−8.7%
6 Apr 2018−5.7%
13 Apr 2018−7.2%
20 Apr 2018−0.1%
27 Apr 2018+3.5%
4 May 2018+3.3%
11 May 2018+0.0%
18 May 2018−8.6%
25 May 2018−11.6%
1 Jun 2018−18.8%
8 Jun 2018−25.0%
15 Jun 2018−24.5%
22 Jun 2018−15.7%
29 Jun 2018−19.3%
6 Jul 2018−20.6%
13 Jul 2018−21.0%
20 Jul 2018−25.0%
27 Jul 2018−20.9%
3 Aug 2018−17.0%
10 Aug 2018−10.5%
17 Aug 2018−17.7%
24 Aug 2018−30.8%
31 Aug 2018−35.5%
7 Sep 2018−26.6%
14 Sep 2018−26.9%
21 Sep 2018−34.2%
28 Sep 2018−37.2%
5 Oct 2018−34.6%
12 Oct 2018−27.7%
19 Oct 2018−24.2%
26 Oct 2018−32.6%
2 Nov 2018−29.8%
9 Nov 2018−35.0%
16 Nov 2018−21.1%
22 Nov 2018−9.5%
30 Nov 2018+3.2%
7 Dec 2018−1.9%
14 Dec 2018−0.8%
21 Dec 2018+9.7%
28 Dec 2018+22.5%
4 Jan 2019+26.2%
11 Jan 2019+9.9%
18 Jan 2019+10.0%
25 Jan 2019+16.4%
1 Feb 2019+2.2%
8 Feb 2019+2.1%
15 Feb 2019−4.4%
22 Feb 2019+3.3%
1 Mar 2019−2.5%
8 Mar 2019+8.3%
15 Mar 2019+7.3%
22 Mar 2019+2.8%
29 Mar 2019+8.6%
5 Apr 2019+3.8%
12 Apr 2019+10.9%
18 Apr 2019+10.8%
26 Apr 2019+6.8%
3 May 2019+13.7%
10 May 2019+5.4%
17 May 2019−1.2%
24 May 2019+7.0%
31 May 2019−5.9%
7 Jun 2019−14.4%
14 Jun 2019−17.9%
21 Jun 2019−14.1%
28 Jun 2019−17.4%
5 Jul 2019−12.1%
12 Jul 2019−9.8%
19 Jul 2019−7.4%
26 Jul 2019+2.5%
2 Aug 2019−2.2%
9 Aug 2019+11.5%
16 Aug 2019+14.5%
23 Aug 2019+5.7%
30 Aug 2019+38.5%
6 Sep 2019+48.9%
13 Sep 2019+72.7%
20 Sep 2019+61.5%
27 Sep 2019+64.9%
4 Oct 2019+56.8%
11 Oct 2019+49.8%
18 Oct 2019+41.6%
27 Oct 2019+32.7%
1 Nov 2019+38.9%
8 Nov 2019+33.1%
15 Nov 2019+26.3%
22 Nov 2019+17.0%
29 Nov 2019−4.8%
6 Dec 2019−8.6%
13 Dec 2019−20.9%
20 Dec 2019−15.6%
27 Dec 2019−20.5%
3 Jan 2020−12.3%
10 Jan 2020−16.6%
17 Jan 2020+0.4%
24 Jan 2020+7.1%
1 Feb 2020+5.5%
7 Feb 2020+11.5%
14 Feb 2020+8.3%
20 Feb 2020+25.2%
28 Feb 2020+14.8%
6 Mar 2020+11.6%
13 Mar 2020+11.1%
20 Mar 2020+2.6%
27 Mar 2020−5.7%
3 Apr 2020−11.1%
9 Apr 2020+2.9%
17 Apr 2020−6.8%
24 Apr 2020−19.3%
30 Apr 2020−15.1%
8 May 2020−20.7%
15 May 2020−11.3%
22 May 2020−23.0%
29 May 2020−22.1%
5 Jun 2020−19.4%
12 Jun 2020−25.3%
19 Jun 2020−23.1%
26 Jun 2020−3.7%
3 Jul 2020−10.0%
10 Jul 2020−24.6%
17 Jul 2020−27.3%
24 Jul 2020+13.1%
31 Jul 2020−1.6%
7 Aug 2020+2.2%
14 Aug 2020−11.5%
21 Aug 2020−5.2%
28 Aug 2020+6.7%
4 Sep 2020+26.1%
11 Sep 2020+30.6%
18 Sep 2020+43.6%
25 Sep 2020+35.0%
1 Oct 2020+42.3%
9 Oct 2020+41.6%
16 Oct 2020+43.0%
23 Oct 2020+16.3%
30 Oct 2020+21.8%
6 Nov 2020+16.9%
14 Nov 2020+16.0%
20 Nov 2020+19.8%
27 Nov 2020+10.5%
4 Dec 2020−15.7%
11 Dec 2020−15.3%
18 Dec 2020−24.7%
24 Dec 2020−25.5%
1 Jan 2021−25.4%
8 Jan 2021−19.7%
15 Jan 2021−19.7%
22 Jan 2021−17.3%
29 Jan 2021−20.8%
5 Feb 2021−18.8%
12 Feb 2021−14.0%
19 Feb 2021−7.7%
26 Feb 2021−8.9%
5 Mar 2021−1.8%
12 Mar 2021+3.8%
19 Mar 2021+10.5%
26 Mar 2021+10.2%
1 Apr 2021+13.8%
9 Apr 2021+14.5%
16 Apr 2021+12.5%
23 Apr 2021+4.8%
30 Apr 2021+12.9%
7 May 2021+25.2%
14 May 2021+20.2%
21 May 2021+10.5%
28 May 2021+11.4%
4 Jun 2021+5.7%
11 Jun 2021+7.6%
18 Jun 2021−4.0%
25 Jun 2021+0.2%
2 Jul 2021−1.5%
9 Jul 2021−7.2%
16 Jul 2021+1.7%
23 Jul 2021+7.3%
30 Jul 2021−0.4%
6 Aug 2021+5.1%
13 Aug 2021+8.0%
20 Aug 2021+6.0%
27 Aug 2021−1.1%
3 Sep 2021−1.6%
9 Sep 2021−10.2%
17 Sep 2021−5.3%
24 Sep 2021−3.1%
1 Oct 2021−4.8%
8 Oct 2021−5.3%
14 Oct 2021−10.9%
22 Oct 2021−9.3%
29 Oct 2021−15.7%
4 Nov 2021−25.5%
12 Nov 2021−26.3%
18 Nov 2021−23.7%
26 Nov 2021−14.2%
3 Dec 2021−12.0%
10 Dec 2021−6.6%
17 Dec 2021−10.2%
24 Dec 2021−9.4%
31 Dec 2021−14.5%
7 Jan 2022−13.2%
14 Jan 2022−13.7%
21 Jan 2022−14.0%
28 Jan 2022−10.6%
4 Feb 2022−1.0%
11 Feb 2022+11.8%
18 Feb 2022+21.6%
25 Feb 2022+30.8%
4 Mar 2022+32.2%
11 Mar 2022+41.7%
17 Mar 2022+56.4%
25 Mar 2022+43.2%
1 Apr 2022+57.8%
8 Apr 2022+55.7%
13 Apr 2022+57.2%
22 Apr 2022+66.5%
29 Apr 2022+87.1%
6 May 2022+85.1%
13 May 2022+65.8%
20 May 2022+69.7%
27 May 2022+47.4%
3 Jun 2022+58.3%
10 Jun 2022+59.6%
17 Jun 2022+38.9%
24 Jun 2022+54.3%
1 Jul 2022+51.1%
8 Jul 2022+54.8%
15 Jul 2022+59.6%
22 Jul 2022+45.6%
29 Jul 2022+33.7%
5 Aug 2022+30.2%
12 Aug 2022+25.9%
19 Aug 2022+16.8%
26 Aug 2022+29.3%
2 Sep 2022+24.3%
9 Sep 2022+7.2%
16 Sep 2022+19.6%
23 Sep 2022+18.9%
30 Sep 2022+15.8%
7 Oct 2022+16.3%
14 Oct 2022+8.6%
21 Oct 2022+2.6%
28 Oct 2022−1.4%
4 Nov 2022−13.1%
11 Nov 2022−7.2%
18 Nov 2022−2.0%
25 Nov 2022−4.3%
2 Dec 2022−4.1%
9 Dec 2022−3.3%
16 Dec 2022+3.9%
23 Dec 2022−7.1%
30 Dec 2022+1.5%
6 Jan 2023+5.1%
13 Jan 2023+6.7%
20 Jan 2023+24.5%
27 Jan 2023+28.4%
3 Feb 2023+40.4%
10 Feb 2023+23.1%
17 Feb 2023+15.0%
24 Feb 2023+13.9%
3 Mar 2023−1.1%
10 Mar 2023+0.4%
17 Mar 2023−11.6%
24 Mar 2023−3.0%
31 Mar 2023−12.1%
6 Apr 2023−22.0%
13 Apr 2023−22.8%
21 Apr 2023−36.3%
28 Apr 2023−35.7%
5 May 2023−21.0%
12 May 2023−11.8%
19 May 2023−10.4%
26 May 2023−15.1%
2 Jun 2023+3.0%
9 Jun 2023−4.6%
16 Jun 2023−0.5%
23 Jun 2023+8.2%
30 Jun 2023+17.4%
7 Jul 2023+19.4%
14 Jul 2023+31.9%
21 Jul 2023+49.3%
28 Jul 2023+42.9%
4 Aug 2023+3.7%
11 Aug 2023+12.1%
18 Aug 2023+4.5%
25 Aug 2023+4.3%
1 Sep 2023−7.9%
8 Sep 2023−2.9%
15 Sep 2023−1.1%
22 Sep 2023−15.2%
29 Sep 2023−13.4%
6 Oct 2023−14.1%
13 Oct 2023−16.5%
20 Oct 2023−11.8%
27 Oct 2023−11.2%
3 Nov 2023−10.2%
12 Nov 2023−17.2%
17 Nov 2023−15.7%
24 Nov 2023−14.0%
1 Dec 2023−14.2%
8 Dec 2023−15.4%
15 Dec 2023−16.9%
22 Dec 2023−20.3%
29 Dec 2023−14.6%
5 Jan 2024−18.9%
12 Jan 2024−9.7%
20 Jan 2024−10.2%
25 Jan 2024−3.3%
2 Feb 2024+14.1%
9 Feb 2024+26.9%
16 Feb 2024+43.2%
23 Feb 2024+37.6%
2 Mar 2024+41.8%
7 Mar 2024+40.1%
15 Mar 2024+42.5%
22 Mar 2024+86.8%
28 Mar 2024+65.3%
5 Apr 2024+75.5%
12 Apr 2024+57.7%
19 Apr 2024+41.3%
26 Apr 2024+48.4%
3 May 2024+41.6%
10 May 2024+27.0%
18 May 2024+23.2%
24 May 2024+28.1%
31 May 2024+11.1%
7 Jun 2024+14.2%
14 Jun 2024+17.1%
21 Jun 2024−7.4%
28 Jun 2024−13.2%
5 Jul 2024−7.1%
12 Jul 2024−12.7%
19 Jul 2024−4.6%
26 Jul 2024−17.4%
2 Aug 2024−16.8%
9 Aug 2024−17.6%
16 Aug 2024−26.1%
23 Aug 2024−30.7%
30 Aug 2024−16.8%
6 Sep 2024−13.2%
13 Sep 2024−7.2%
20 Sep 2024−13.5%
27 Sep 2024−12.5%
4 Oct 2024−14.0%
11 Oct 2024−6.4%
18 Oct 2024−6.1%
25 Oct 2024−10.0%
1 Nov 2024−12.0%
8 Nov 2024−5.7%
14 Nov 2024−8.1%
22 Nov 2024−4.1%
29 Nov 2024−5.8%
6 Dec 2024+1.6%
13 Dec 2024−9.0%
20 Dec 2024+2.2%
27 Dec 2024+10.3%
3 Jan 2025+7.6%
10 Jan 2025−3.4%
17 Jan 2025−2.7%
24 Jan 2025+3.5%
1 Feb 2025+5.2%
7 Feb 2025+3.8%
14 Feb 2025+10.9%
21 Feb 2025+13.7%
28 Feb 2025+7.4%
7 Mar 2025+20.2%
13 Mar 2025+29.5%
21 Mar 2025+34.5%
28 Mar 2025+17.7%
4 Apr 2025+48.0%
11 Apr 2025+63.6%
17 Apr 2025+70.0%
25 Apr 2025+85.9%
2 May 2025+59.7%
9 May 2025+58.8%
16 May 2025+72.7%
23 May 2025+44.0%
30 May 2025+36.2%
6 Jun 2025+6.0%
13 Jun 2025+3.3%
20 Jun 2025−3.0%
27 Jun 2025+10.4%
4 Jul 2025−19.3%
11 Jul 2025−19.1%
18 Jul 2025−20.6%
25 Jul 2025−23.0%
1 Aug 2025−19.8%
8 Aug 2025−23.8%
14 Aug 2025−29.9%
22 Aug 2025−16.3%
29 Aug 2025−5.0%
5 Sep 2025−2.9%
12 Sep 2025+2.8%
19 Sep 2025+1.9%
26 Sep 2025+0.2%
3 Oct 2025+4.5%
10 Oct 2025+1.8%
17 Oct 2025−0.3%
24 Oct 2025−5.3%
31 Oct 2025−2.0%
7 Nov 2025+3.5%
14 Nov 2025+1.0%
21 Nov 2025+1.8%
28 Nov 2025+2.2%
5 Dec 2025+0.7%
12 Dec 2025−8.7%
19 Dec 2025−14.2%
26 Dec 2025−12.2%
2 Jan 2026−15.4%
9 Jan 2026−13.1%
16 Jan 2026−12.2%
23 Jan 2026−21.7%
1 Feb 2026−17.9%
6 Feb 2026−13.0%
13 Feb 2026+1.5%
20 Feb 2026−5.8%
27 Feb 2026−2.7%
6 Mar 2026−0.5%
13 Mar 2026−2.0%
20 Mar 2026+0.9%
27 Mar 2026−1.7%
17 Apr 2026−1.4%
24 Apr 2026−1.8%
30 Apr 2026+2.9%
8 May 2026+16.1%
15 May 2026+1.1%
22 May 2026−0.7%
29 May 2026−1.6%
4 Jun 2026+17.0%
5 Jun 2026+16.7%
9 Jun 2026+12.3%
10 Jun 2026+23.5%
12 Jun 2026+27.4%
17 Jun 2026+33.2%
19 Jun 2026+32.5%
24 Jun 2026+43.7%
25 Jun 2026+35.9%
1 Jul 2026+28.8%
3 Jul 2026+48.4%
10 Jul 2026+45.0%
17 Jul 2026+35.7%
24 Jul 2026+20.2%
31 Jul 2026+20.4%
7 Aug 2026+20.3%
14 Aug 2026+26.3%
21 Aug 2026+19.3%
28 Aug 2026+26.4%
4 Sep 2026+24.9%
11 Sep 2026+9.5%
18 Sep 2026+16.6%
25 Sep 2026+26.8%
28 Sep 2026+22.0%
1 Oct 2026+18.5%
9 Oct 2026+12.9%
16 Oct 2026+9.1%
23 Oct 2026+5.1%
30 Oct 2026+11.6%
4 Nov 2026+2.4%
Each bar is one week, from 2016 to now (549 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +1,245% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Vadilal Industries this quarter?

Three changes stood out: revenue up on a year earlier for 10 quarters in a row, foreign funds (FIIs) raised their stake for 3 quarters in a row and operating margin up 3 points on a year earlier.

  1. Revenue up on a year earlier for 10 quarters in a row

    In the September 2026 quarter revenue was ₹463 crore, +35.8% on a year earlier.

  2. Foreign funds (FIIs) raised their stake for 3 quarters in a row

    From 0.6% to 1.4% of the company by the September 2026 quarter.

  3. Operating margin up 3 points on a year earlier

    18% in the September 2026 quarter, from 15%.

What are Vadilal Industries' latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Vadilal Industries reported revenue of ₹463 crore, up 35.8% from ₹341 crore a year earlier, and a profit of ₹55.0 crore, up 66.7% from ₹33.0 crore.

Vadilal Industries results: July to September 2026 against a year earlier

Vadilal Industries results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹463 crore₹341 crore+35.8%
Profit₹55.0 crore₹33.0 crore+66.7%
Earnings per share₹76.27₹46.50+64.0%
Operating margin18.0%15.0%+3.0 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Vadilal Industries share price history?

Vadilal Industries closed at ₹7,377.50 on 4 November 2026, up 39.8% from ₹5,277.00 a year earlier (7 November 2025) and up 639.8% over five years. Its highest weekly close since March 2016 was ₹7,900.00 on 28 August 2026.

Vadilal Industries share price: then and now

Vadilal Industries share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹7,492.50−1.5%
1 month ago · 1 Oct 2026₹7,187.00+2.7%
6 months ago · 8 May 2026₹4,603.20+60.3%
1 year ago · 7 Nov 2025₹5,277.00+39.8%
3 years ago · 3 Nov 2023₹2,482.35+197.2%
5 years ago · 4 Nov 2021₹997.20+639.8%
10 years ago · 4 Nov 2016₹539.50+1,267.5%
Earliest weekly close in our records · 11 Mar 2016₹548.60+1,244.8%
Highest weekly close since March 2016, also the 52-week high · 28 Aug 2026₹7,900.00−6.6%
Lowest weekly close since March 2016 · 5 Oct 2018₹417.10+1,668.8%
52-week low (weekly close) · 23 Jan 2026₹4,046.60+82.3%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Vadilal Industries?

4 Nov 2026: Vadilal Industries closed at ₹7,377.50, down 1.5% on the week and up 2.7% on the month. Results for July to September 2026: Revenue up 35.8% and profit up 66.7% on a year earlier.

Earlier

  • 3 Sep 2026: ex-date for a dividend of ₹43 a share.
  • 21 Aug 2026: ex-date for an interim dividend of ₹17 a share.

What dividend does Vadilal Industries pay?

Vadilal Industries paid ₹60 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.81% at the ₹7,377.50 close on 4 November 2026. The last was a dividend of ₹43 a share, ex-date 3 September 2026.

Vadilal Industries dividends since 1 April 2021

Vadilal Industries dividends since 1 April 2021
Ex-dateDividend per shareType
3 Sep 2026Dividend₹43Dividend
21 Aug 2026Interim₹17Interim
12 Sep 2025Dividend₹21Dividend
19 Sep 2024Dividend₹1.50Dividend
14 Sep 2023Dividend₹1.50Dividend
21 Sep 2022Dividend₹1.25Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

4 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Vadilal Industries Ltd paid out 20% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Which stock lists is Vadilal Industries on?

Vadilal Industries is on one of our India lists: Momentum stocks.

Is Vadilal Industries profitable?

Vadilal Industries Ltd earned ₹55.0 Cr of net profit in the Sep 2026 quarter, +66.7% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹155 Cr. Over 10 years profit has grown 26.3% a year on average. That is 11.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹33.0 Cr.

For the full year, FY26 profit was ₹155 Cr (+3.3% on the year before).

FY26 profit ₹155 Cr (+3.3% on the year before), 26.3% a year over 10 years

  • Net profit ₹155
FY26 profit ₹155 Cr (+3.3% on the year before), 26.3% a year over 10 years
QuarterNet profit
FY16₹15
FY17₹19
FY18₹16
FY19₹33
FY20₹41
FY21₹5
FY22₹45
FY23₹96
FY24₹146
FY25₹150
FY26₹155

Growth on a year earlier

  • Growth on a year earlier 3.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16650%
FY1726.7%
FY18−15.8%
FY19106.3%
FY2024.2%
FY21−87.8%
FY22800%
FY23113.3%
FY2452.1%
FY252.7%
FY263.3%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹55.0 Cr (+66.7% on a year earlier), the 3rd quarter in a row of growth

  • Net profit (quarterly) ₹55.0
Sep 2026: ₹55.0 Cr (+66.7% on a year earlier), the 3rd quarter in a row of growth
QuarterNet profit (quarterly)
Dec 2023₹9
Mar 2024₹28
Jun 2024₹77
Sep 2024₹39
Dec 2024₹12
Mar 2025₹22
Jun 2025₹67
Sep 2025₹33
Dec 2025₹0
Mar 2026₹55
Jun 2026₹131
Sep 2026₹55

Growth on a year earlier

  • Growth on a year earlier 66.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023–
Mar 2024−3.4%
Jun 20248.5%
Sep 20242.6%
Dec 202433.3%
Mar 2025−21.4%
Jun 2025−13%
Sep 2025−15.4%
Dec 2025−100%
Mar 2026150%
Jun 202695.5%
Sep 202666.7%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +35.8% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +53.0% and revenue +34.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Vadilal Industries make, and is it growing?

Vadilal Industries Ltd reported ₹463 Cr of revenue in the Sep 2026 quarter, +35.8% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 10 years it has grown 12.8% a year on average. The last full year, FY26, came in at ₹1,503 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,798 Cr.

FY26 revenue was ₹1,503 Cr, +21.2% on the year before.

FY26 revenue ₹1,503 Cr (+21.2% on the year before), 12.8% a year over 10 years

  • Revenue ₹1,503
FY26 revenue ₹1,503 Cr (+21.2% on the year before), 12.8% a year over 10 years
QuarterRevenue
FY16₹450
FY17₹482
FY18₹547
FY19₹567
FY20₹599
FY21₹463
FY22₹698
FY23₹1,058
FY24₹1,125
FY25₹1,240
FY26₹1,503

Growth on a year earlier

  • Growth on a year earlier 21.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1610.8%
FY177.1%
FY1813.5%
FY193.7%
FY205.6%
FY21−22.7%
FY2250.8%
FY2351.6%
FY246.3%
FY2510.2%
FY2621.2%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹463 Cr (+35.8% on a year earlier), the 10th quarter in a row of growth

  • Revenue (quarterly) ₹463
Sep 2026: ₹463 Cr (+35.8% on a year earlier), the 10th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹174
Mar 2024₹251
Jun 2024₹464
Sep 2024₹296
Dec 2024₹204
Mar 2025₹275
Jun 2025₹507
Sep 2025₹341
Dec 2025₹239
Mar 2026₹416
Jun 2026₹680
Sep 2026₹463

Growth on a year earlier

  • Growth on a year earlier 35.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202321.4%
Mar 2024−2%
Jun 202412.9%
Sep 20242.4%
Dec 202417.2%
Mar 20259.6%
Jun 20259.3%
Sep 202515.2%
Dec 202517.2%
Mar 202651.3%
Jun 202634.1%
Sep 202635.8%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +34.6% on average, against 12.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +35.5%, against +23.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +79.9%, against +25.5% a year (accelerating).

How much of every ₹100 of sales does Vadilal Industries keep?

Vadilal Industries Ltd's operating margin was 18.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 8.0% and 20.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.1 percentage points on the year while gross margin changed +1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 17.0%, within a range of 8.0% to 20.0% over 13 years

  • Operating margin 17.0%
FY26: 17.0%, within a range of 8.0% to 20.0% over 13 years
QuarterOperating margin
FY1411%
FY1510%
FY1613%
FY1712%
FY189%
FY1913%
FY2013%
FY218%
FY2214%
FY2316%
FY2420%
FY2519%
FY2617%

Change on the year before (points)

  • Change on the year before (points) −2.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15−1.0 pts
FY16+3.0 pts
FY17−1.0 pts
FY18−3.0 pts
FY19+4.0 pts
FY200.0 pts
FY21−5.0 pts
FY22+6.0 pts
FY23+2.0 pts
FY24+4.0 pts
FY25−1.0 pts
FY26−2.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Sep 2026: operating margin 18.0% (+3.0 points on a year earlier)

  • Operating margin 18.0%
Sep 2026: operating margin 18.0% (+3.0 points on a year earlier)
QuarterOperating margin
Dec 20236%
Mar 202418%
Jun 202424%
Sep 202420%
Dec 202413%
Mar 202514%
Jun 202520%
Sep 202515%
Dec 20254.7%
Mar 202620%
Jun 202624%
Sep 202618%

Change on a year earlier (points)

  • Change on a year earlier (points) +3.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+9.9 pts
Mar 2024−1.0 pts
Jun 2024−1.0 pts
Sep 20240.0 pts
Dec 2024+7.0 pts
Mar 2025−4.0 pts
Jun 2025−4.0 pts
Sep 2025−5.0 pts
Dec 2025−8.3 pts
Mar 2026+6.0 pts
Jun 2026+4.0 pts
Sep 2026+3.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Vadilal Industries' profit turning into cash?

Over the last 3 years, 99% of Vadilal Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹143 Cr of operating cash against ₹155 Cr of profit. After ₹117 Cr of spending on assets, ₹26.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹143 Cr against profit ₹155 Cr; 99% of 3 years' profit came in as cash

  • Operating cash ₹143
  • Net profit ₹155
  • Free cash ₹26
FY26: operating cash ₹143 Cr against profit ₹155 Cr; 99% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹64₹15₹51
FY17₹46₹19₹1
FY18₹17₹16−₹7
FY19₹44₹33₹11
FY20₹67₹41−₹4
FY21₹82₹5₹69
FY22₹32₹45₹15
FY23₹39₹96−₹104
FY24₹192₹146₹124
FY25₹111₹150₹37
FY26₹143₹155₹26
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 92% of profit (99% over three years)

  • Operating cash as % of profit 92%
  • Break-even line 100%
FY26: operating cash was 92% of profit (99% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16300%100%
FY17242%100%
FY18106%100%
FY19133%100%
FY20163%100%
FY21300%100%
FY2271%100%
FY2341%100%
FY24132%100%
FY2574%100%
FY2692%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 99% of profit came in as cash: the cash cycle got 87 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.1× depreciation over three years. The next section checks what that spending is building.

Where does Vadilal Industries' cash go?

Vadilal Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 168 days in FY26, up from 81 days in FY21. It spent ₹259 Cr on assets over the last 3 years. Customers take 43 days to pay, and stock sits for 196 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,503 Cr, each day of that cycle ties up about ₹4.1 Cr, so roughly ₹692 Cr is tied up in the business at any time.

FY26: customers took 43 days to pay and stock sat for 196 days, about 6.4 months of sales sitting as stock, for a full cycle of 168 days, longer than FY21's 81.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 196 days. Customers pay about 43 days after that. Suppliers are paid at 71 days. Together that makes the 168-day cycle.

FY26: a 168-day cash cycle, +87 days compared with FY21

  • Cash cycle 168d
  • Inventory days 196d
  • Debtor days 43d
  • Payable days 71d
FY26: a 168-day cash cycle, +87 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1489d178d15d104d
FY1562d144d14d96d
FY1651d138d18d104d
FY1751d135d8d92d
FY1856d119d28d91d
FY1991d157d20d86d
FY20107d179d27d98d
FY2181d211d36d165d
FY22119d170d34d85d
FY23135d167d27d58d
FY24115d146d31d62d
FY25182d234d36d88d
FY26168d196d43d71d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹259 Cr over the last 3 years, against ₹126 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹20.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹117 Cr, work in progress ₹20.0 Cr, a build-out

  • Capex ₹117
  • Work-in-progress ₹20.0
FY26: capex ₹117 Cr, work in progress ₹20.0 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹13₹1
FY17₹45₹5
FY18₹24₹7
FY19₹33₹13
FY20₹71₹9
FY21₹13₹5
FY22₹17₹3
FY23₹143₹20
FY24₹68₹12
FY25₹74₹10
FY26₹117₹20
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Vadilal Industries' P/E ratio, and how does it compare with its own history?

Vadilal Industries Ltd's P/E is 22.1×, in the middle of its own history: higher than 51% of past readings. Its usual P/E (the middle reading) is 21.9×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 22.1× against a usual 21.9×: in the middle of its own history: higher than 51% of past readings

  • P/E 22.4×
  • Median 21.9×
P/E 22.1× against a usual 21.9×: in the middle of its own history: higher than 51% of past readings
WeekP/EMedian
30 Sep 201628.1×21.9×
21 Oct 201628.3×21.9×
11 Nov 201625.4×21.9×
2 Dec 201626.0×21.9×
23 Dec 201624.7×21.9×
13 Jan 201726.0×21.9×
3 Feb 201728.8×21.9×
23 Feb 201732.5×21.9×
17 Mar 201741.4×21.9×
7 Apr 201745.2×21.9×
28 Apr 201744.7×21.9×
19 May 201745.2×21.9×
9 Jun 201740.5×21.9×
30 Jun 201739.7×21.9×
21 Jul 201744.1×21.9×
11 Aug 201742.2×21.9×
1 Sep 201745.2×21.9×
22 Sep 201738.0×21.9×
13 Oct 201735.4×21.9×
3 Nov 201735.4×21.9×
24 Nov 201738.4×21.9×
15 Dec 201737.1×21.9×
5 Jan 201836.9×21.9×
25 Jan 201833.4×21.9×
16 Feb 201833.9×21.9×
9 Mar 201835.9×21.9×
28 Mar 201832.1×21.9×
20 Apr 201833.1×21.9×
11 May 201832.2×21.9×
1 Jun 201836.1×21.9×
22 Jun 201834.1×21.9×
13 Jul 201831.0×21.9×
3 Aug 201834.4×21.9×
24 Aug 201818.6×21.9×
14 Sep 201816.9×21.9×
5 Oct 201812.9×21.9×
26 Oct 201812.9×21.9×
16 Nov 201815.8×21.9×
7 Dec 201810.9×21.9×
28 Dec 201811.3×21.9×
18 Jan 201910.9×21.9×
8 Feb 20199.80×21.9×
1 Mar 20199.40×21.9×
22 Mar 201910.3×21.9×
12 Apr 201910.8×21.9×
3 May 20199.90×21.9×
24 May 201910.3×21.9×
14 Jun 20198.40×21.9×
5 Jul 20199.00×21.9×
26 Jul 20199.70×21.9×
16 Aug 20199.80×21.9×
6 Sep 201913.5×21.9×
27 Sep 201915.1×21.9×
18 Oct 201914.1×21.9×
8 Nov 201914.2×21.9×
29 Nov 201910.2×21.9×
20 Dec 201910.1×21.9×
10 Jan 202010.1×21.9×
1 Feb 202011.6×21.9×
20 Feb 202012.9×21.9×
13 Mar 20208.60×21.9×
3 Apr 20206.80×21.9×
24 Apr 20207.30×21.9×
15 May 20207.70×21.9×
5 Jun 20208.10×21.9×
26 Jun 20209.40×21.9×
17 Jul 20208.90×21.9×
7 Aug 202010.6×21.9×
27 Aug 202127.5×21.9×
17 Sep 202126.4×21.9×
8 Oct 202127.1×21.9×
29 Oct 202117.2×21.9×
18 Nov 202116.4×21.9×
10 Dec 202117.6×21.9×
31 Dec 202116.1×21.9×
21 Jan 202215.9×21.9×
11 Feb 202219.2×21.9×
4 Mar 202222.1×21.9×
25 Mar 202224.8×21.9×
13 Apr 202225.6×21.9×
6 May 202230.7×21.9×
27 May 202232.5×21.9×
17 Jun 202229.7×21.9×
8 Jul 202233.5×21.9×
29 Jul 202234.9×21.9×
19 Aug 202220.4×21.9×
9 Sep 202223.0×21.9×
30 Sep 202222.2×21.9×
21 Oct 202220.5×21.9×
11 Nov 202216.3×21.9×
2 Dec 202219.2×21.9×
23 Dec 202218.5×21.9×
13 Jan 202320.5×21.9×
3 Feb 202321.9×21.9×
24 Feb 202321.0×21.9×
17 Mar 202317.5×21.9×
6 Apr 202317.1×21.9×
28 Apr 202315.0×21.9×
19 May 202319.5×21.9×
9 Jun 202318.7×21.9×
30 Jun 202321.4×21.9×
21 Jul 202321.9×21.9×
11 Aug 202317.4×21.9×
1 Sep 202316.1×21.9×
22 Sep 202315.1×21.9×
13 Oct 202315.3×21.9×
3 Nov 202315.1×21.9×
24 Nov 202313.8×21.9×
15 Dec 202313.1×21.9×
5 Jan 202413.1×21.9×
25 Jan 202416.2×21.9×
16 Feb 202418.7×21.9×
7 Mar 202417.2×21.9×
28 Mar 202421.2×21.9×
19 Apr 202419.6×21.9×
10 May 202422.4×21.9×
31 May 202421.1×21.9×
21 Jun 202422.1×21.9×
12 Jul 202420.9×21.9×
2 Aug 202421.6×21.9×
23 Aug 202418.8×21.9×
13 Sep 202421.2×21.9×
4 Oct 202418.4×21.9×
25 Oct 202417.3×21.9×
14 Nov 202416.7×21.9×
6 Dec 202419.7×21.9×
27 Dec 202419.1×21.9×
17 Jan 202516.9×21.9×
7 Feb 202517.5×21.9×
28 Feb 202516.5×21.9×
21 Mar 202523.9×21.9×
11 Apr 202526.6×21.9×
2 May 202528.8×21.9×
23 May 202527.2×21.9×
13 Jun 202525.5×21.9×
4 Jul 202525.6×21.9×
25 Jul 202526.3×21.9×
14 Aug 202525.2×21.9×
5 Sep 202526.9×21.9×
26 Sep 202527.9×21.9×
17 Oct 202527.6×21.9×
7 Nov 202527.1×21.9×
28 Nov 202528.8×21.9×
19 Dec 202526.6×21.9×
9 Jan 202624.8×21.9×
1 Feb 202623.1×21.9×
20 Feb 202628.6×21.9×
13 Mar 202627.5×21.9×
2 Apr 202625.3×21.9×
24 Apr 202626.1×21.9×
15 May 202624.6×21.9×
4 Jun 202625.5×21.9×
10 Jun 202627.5×21.9×
19 Jun 202628.3×21.9×
1 Jul 202628.2×21.9×
17 Jul 202631.1×21.9×
7 Aug 202633.4×21.9×
28 Aug 202625.9×21.9×
18 Sep 202624.2×21.9×
1 Oct 202623.6×21.9×
23 Oct 202622.8×21.9×
30 Oct 202622.4×21.9×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹334
Earnings per share, 12 months
WeekEarnings per share, 12 months
30 Sep 2016₹20
21 Oct 2016₹20
11 Nov 2016₹20
2 Dec 2016₹20
23 Dec 2016₹20
13 Jan 2017₹20
3 Feb 2017₹20
23 Feb 2017₹20
17 Mar 2017₹20
7 Apr 2017₹20
28 Apr 2017₹20
19 May 2017₹20
9 Jun 2017₹20
30 Jun 2017₹20
21 Jul 2017₹20
11 Aug 2017₹20
1 Sep 2017₹20
22 Sep 2017₹26
13 Oct 2017₹26
3 Nov 2017₹26
24 Nov 2017₹26
15 Dec 2017₹26
5 Jan 2018₹26
25 Jan 2018₹26
16 Feb 2018₹26
9 Mar 2018₹26
28 Mar 2018₹26
20 Apr 2018₹26
11 May 2018₹26
1 Jun 2018₹26
22 Jun 2018₹22
13 Jul 2018₹22
3 Aug 2018₹22
24 Aug 2018₹22
14 Sep 2018₹22
5 Oct 2018₹32
26 Oct 2018₹32
16 Nov 2018₹32
7 Dec 2018₹32
28 Dec 2018₹47
18 Jan 2019₹47
8 Feb 2019₹47
1 Mar 2019₹47
22 Mar 2019₹56
12 Apr 2019₹56
3 May 2019₹56
24 May 2019₹56
14 Jun 2019₹56
5 Jul 2019₹57
26 Jul 2019₹57
16 Aug 2019₹57
6 Sep 2019₹57
27 Sep 2019₹54
18 Oct 2019₹54
8 Nov 2019₹54
29 Nov 2019₹54
20 Dec 2019₹72
10 Jan 2020₹72
1 Feb 2020₹72
20 Feb 2020₹72
13 Mar 2020₹72
3 Apr 2020₹68
24 Apr 2020₹68
15 May 2020₹68
5 Jun 2020₹68
26 Jun 2020₹58
17 Jul 2020₹58
7 Aug 2020₹57
27 Aug 2021₹57
17 Sep 2021₹40
8 Oct 2021₹40
29 Oct 2021₹40
18 Nov 2021₹40
10 Dec 2021₹40
31 Dec 2021₹57
21 Jan 2022₹57
11 Feb 2022₹57
4 Mar 2022₹57
25 Mar 2022₹55
13 Apr 2022₹55
6 May 2022₹55
27 May 2022₹55
17 Jun 2022₹62
8 Jul 2022₹62
29 Jul 2022₹62
19 Aug 2022₹62
9 Sep 2022₹62
30 Sep 2022₹114
21 Oct 2022₹114
11 Nov 2022₹114
2 Dec 2022₹114
23 Dec 2022₹134
13 Jan 2023₹134
3 Feb 2023₹134
24 Feb 2023₹134
17 Mar 2023₹134
6 Apr 2023₹124
28 Apr 2023₹124
19 May 2023₹124
9 Jun 2023₹124
30 Jun 2023₹134
21 Jul 2023₹134
11 Aug 2023₹134
1 Sep 2023₹134
22 Sep 2023₹164
13 Oct 2023₹164
3 Nov 2023₹164
24 Nov 2023₹164
15 Dec 2023₹164
5 Jan 2024₹179
25 Jan 2024₹179
16 Feb 2024₹179
7 Mar 2024₹179
28 Mar 2024₹205
19 Apr 2024₹205
10 May 2024₹205
31 May 2024₹205
21 Jun 2024₹203
12 Jul 2024₹203
2 Aug 2024₹203
23 Aug 2024₹203
13 Sep 2024₹203
4 Oct 2024₹212
25 Oct 2024₹212
14 Nov 2024₹212
6 Dec 2024₹212
27 Dec 2024₹213
17 Jan 2025₹213
7 Feb 2025₹213
28 Feb 2025₹213
21 Mar 2025₹217
11 Apr 2025₹217
2 May 2025₹217
23 May 2025₹217
13 Jun 2025₹217
4 Jul 2025₹209
25 Jul 2025₹209
14 Aug 2025₹209
5 Sep 2025₹209
26 Sep 2025₹195
17 Oct 2025₹195
7 Nov 2025₹195
28 Nov 2025₹195
19 Dec 2025₹187
9 Jan 2026₹187
1 Feb 2026₹187
20 Feb 2026₹187
13 Mar 2026₹187
2 Apr 2026₹170
24 Apr 2026₹170
15 May 2026₹170
4 Jun 2026₹170
10 Jun 2026₹170
19 Jun 2026₹215
1 Jul 2026₹215
17 Jul 2026₹215
7 Aug 2026₹215
28 Aug 2026₹215
18 Sep 2026₹215
1 Oct 2026₹304
23 Oct 2026₹304
30 Oct 2026₹334
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 10 years of history; short peaks above 45× are drawn at the top edge.

PEG 0.37: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.37×
  • PEG = 1.0 1.00×
PEG 0.37: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Q3 FY240.19×1.00×
Q4 FY240.41×1.00×
Q1 FY250.68×1.00×
Q2 FY250.96×1.00×
Q3 FY253.07×1.00×
Q4 FY256.00×1.00×
Q4 FY265.94×1.00×
Q1 FY270.37×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 8 quarters; values above 6 are drawn at the top edge.
22.1×P/E · higher than 51% of its last 10 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved +3.2% while the price moved +39.8%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +49.2% a year; about +42.6% a year came from earnings growth and about +6.6 percentage points from the multiple (the market paying more); over 10 years the price moved +29.9% a year; about +32.4% a year came from earnings growth and about −2.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Vadilal Industries business getting better or worse?

Vadilal Industries Ltd's business is turning around. Profit growth has swung from −12.4% at its low to +79.9%, improving for 3 quarters in a row, with ROCE rising at 31.5%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +21.2% in FY26, profit +3.3%

  • Revenue growth 21.2%
Growth year by year: revenue +21.2% in FY26, profit +3.3%
QuarterRevenue growth
FY1610.8%
FY177.1%
FY1813.5%
FY193.7%
FY205.6%
FY21−22.7%
FY2250.8%
FY2351.6%
FY246.3%
FY2510.2%
FY2621.2%

Profit growth, EPS growth

  • Profit growth 3.3%
  • EPS growth 3.2%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16300%300%
FY1726.7%29.2%
FY18−15.8%−17.8%
FY19106.3%113%
FY2024.2%24%
FY21−87.8%−88.8%
FY22300%300%
FY23113.3%115.4%
FY2452.1%51.6%
FY252.7%3%
FY263.3%3.2%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 35.5%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Dec 202310.7%
Mar 20245.6%
Jun 20248.9%
Sep 20247.8%
Dec 20247.5%
Mar 202510.1%
Jun 20258.8%
Sep 202512%
Dec 202512.1%
Mar 202621.3%
Jun 202630.7%
Sep 202635.5%

Profit, EPS

  • Profit 79.9%
  • EPS 79%
Profit, EPS
QuarterProfitEPS
Dec 202365.7%64.9%
Mar 202452.5%51.6%
Jun 202429.1%29.3%
Sep 202418.9%19.2%
Dec 20246.1%6%
Mar 20252.7%3%
Jun 2025−7.9%−8.2%
Sep 2025−12.4%−12.4%
Dec 2025−21.8%−21.6%
Mar 20263.3%3.2%
Jun 202656.4%56.6%
Sep 202679.9%79%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 31.5%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202335.3%
Mar 202431.3%
Jun 202432.7%
Sep 202428.1%
Dec 202429.8%
Mar 202526.8%
Jun 202525%
Sep 202521.3%
Dec 202519.5%
Mar 202622.8%
Jun 202631.5%
Sep 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +35.5%, range +5.6% to +35.5%
RisingProfit growth · latest +79.9%, range −21.8% to +79.9%
RisingEPS growth · latest +79.0%, range −21.6% to +79.0%
RisingROCE · latest 31.5%, range 19.5% to 35.3%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+21.2%+12.4%+26.6%+12.8%
Profit+3.3%+17.3%+98.7%+26.3%
EPS+3.2%+17.2%+101.8%+26.5%
Share price+39.8%+43.8%+49.2%+29.9%
+35.8%Revenue growth (Sep 2026) · latest quarter against a year ago
+66.7%Profit growth (Sep 2026) · latest quarter against a year ago
12.8%Revenue, 10 years · yearly growth over the long run

How much does Vadilal Industries earn on its capital?

Vadilal Industries Ltd earned a ROCE of 22% in FY26. That is up from a low of 7% in FY21. Its return on capital used (ROIC) is 9.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.3% net margin and 1.19× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 10.3% net margin × 1.19× asset turnover × 1.49× leverage (assets divided by equity) ≈ 18.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 21.9% − 12.0% = +9.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 21.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 16.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 22%, the climb back from FY21's 7%

  • ROCE 22%
  • ROIC (annual) 16.5%
  • Cost of capital 12%
FY26: ROCE 22%, the climb back from FY21's 7%
QuarterROCEROIC (annual)Cost of capital
FY1410%–12%
FY1510%–12%
FY1618%–12%
FY1717%–12%
FY1813%–12%
FY1920%–12%
FY2017%–12%
FY217%–12%
FY2219%14.1%12%
FY2326%19.8%12%
FY2427%22.9%12%
FY2525%19.5%12%
FY2622%16.5%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 19.4% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 19.4%
  • ROIC (12 months) 17.5%
  • Cost of capital 12.0%
Q4 FY26: ROCE 19.4% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2427.7%22.5%12%
Q3 FY24–22.4%12%
Q4 FY2427.5%25.6%12%
Q1 FY25–23.8%12%
Q2 FY2525.2%23.6%12%
Q3 FY25–23%12%
Q4 FY2522.9%24%12%
Q1 FY26–22%12%
Q2 FY2617.3%18.4%12%
Q3 FY26–15.8%12%
Q4 FY2619.4%13.5%12%
Q1 FY27–17.5%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Vadilal Industries have too much debt?

Vadilal Industries Ltd has total debt of ₹230 Cr against shareholder equity of ₹851 Cr as of Jun 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.62 in FY22 to 0.27 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹230 Cr, 0.27× equity

  • Total debt ₹230
FY26: debt ₹230 Cr, 0.27× equity
QuarterTotal debt
FY22₹186
FY23₹291
FY24₹223
FY25₹218
FY26₹230

Debt-to-equity

  • Debt-to-equity 0.27×
Debt-to-equity
QuarterDebt-to-equity
FY220.62×
FY230.73×
FY240.41×
FY250.31×
FY260.27×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹230 Cr, debt-to-equity 0.27

  • Total debt (quarterly) ₹230
Jun 2026: debt ₹230 Cr, debt-to-equity 0.27
QuarterTotal debt (quarterly)
Sep 2023₹185
Dec 2023₹185
Mar 2024₹223
Jun 2024₹223
Sep 2024₹155
Dec 2024₹155
Mar 2025₹218
Jun 2025₹218
Sep 2025₹204
Dec 2025₹204
Mar 2026₹230
Jun 2026₹230

Debt-to-equity

  • Debt-to-equity 0.27×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.37×
Dec 20230.37×
Mar 20240.41×
Jun 20240.41×
Sep 20240.24×
Dec 20240.24×
Mar 20250.31×
Jun 20250.31×
Sep 20250.26×
Dec 20250.26×
Mar 20260.27×
Jun 20260.27×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Vadilal Industries shareholding pattern?

Domestic institutions raised their stake in Vadilal Industries Ltd by 1.6 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 1.6% of the company. Foreign institutions moved +1.1 points over the same period, to 1.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +1.6 points over 8 quarters, to 1.6%; Foreign institutions: +1.1 points over 8 quarters, to 1.4%; Promoters: +0.0 points over 8 quarters, to 64.7%.

Why the owners changed: domestic institutions drove it (+1.6 points), together with foreign institutions (+1.1 points). They raised their stake step by step.

Year ends: the public −0.6 points from Mar 2024 to Mar 2026

  • Promoters 64.72%
  • Foreign inst. 0.58%
  • Domestic inst. 0.42%
  • Public 34.27%
Year ends: the public −0.6 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202464.72%0.45%0%34.83%
Mar 202564.72%0.68%0%34.58%
Mar 202664.72%0.58%0.42%34.27%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 1.6 points over 8 quarters

  • Promoters 64.72%
  • Foreign inst. 1.42%
  • Domestic inst. 1.63%
  • Public 32.24%
Domestic institutions raised their stake by 1.6 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202364.72%0.09%0%35.18%
Dec 202364.72%0.09%0%35.2%
Mar 202464.72%0.45%0%34.83%
Jun 202464.72%0.38%0%34.9%
Sep 202464.72%0.35%0.05%34.88%
Dec 202464.72%0.3%0%34.97%
Mar 202564.72%0.68%0%34.58%
Jun 202564.72%0.77%0.44%34.06%
Sep 202564.72%0.57%0.47%34.23%
Dec 202564.72%0.56%0.42%34.29%
Mar 202664.72%0.58%0.42%34.27%
Jun 202664.72%1.02%1.26%33.01%
Sep 202664.72%1.42%1.63%32.24%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Vadilal Industries from balance-sheet trouble?

For Vadilal Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Vadilal Industries rank in its industry?

76.6 out of 100, rank 1 of 8 in FMCG - Dairy Products, with 85% of the evidence available.

Vadilal Industries Ltd scores 76.6 out of 100 against the 8 companies it is compared with in FMCG - Dairy Products, ranking 1. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.

The four parts add up to the total exactly: 30.4 + 18.7 + 15 + 12.5 = 76.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Vadilal Industries compared with?

Vadilal Industries ranks 1 of 8 FMCG - Dairy Products companies on the 4-Factor Sector Score, with 76.6 out of 100.

  1. 1Vadilal Industries Ltd this pageVADILALIND · leader · Most evidence points up · 85% evidence76.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.4/35 · Revenue 35.5% · Profit 79.8% · Operating margin change 3 points · 100% evidenceCapital efficiency 18.7/25 · ROCE 22% · Operating margin 18% · 100% evidenceValuation 15.0/20 · P/E 22.4× · PEG 0.43 · 100% evidenceRelative strength 12.5/20 · Lead over its industry — · Lead over NIFTY 500 38% · 1 year 41% · 25% evidence · 12 of 12 weeks aheadExact sum: 30.4 + 18.7 + 15 + 12.5 = 76.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Nestle India LtdNESTLEIND · quiet · Evidence leans up · 100% evidence61.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.5/35 · Revenue 21.7% · Profit 38.1% · Operating margin change 2 points · 100% evidenceCapital efficiency 24.4/25 · ROCE 84.1% · Operating margin 24% · 100% evidenceValuation 9.1/20 · P/E 55.8× · PEG 2.82 · 100% evidenceRelative strength 0.0/20 · Lead over its industry -14.5% · Lead over NIFTY 500 -8.5% · 1 year -8.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.5 + 24.4 + 9.1 + 0 = 61 · What this means: Earnings are strong; relative strength in its sector is -14.5% and the one-year return is -8.2%.
  3. 3Vadilal Enterprises LtdVADILENT · turning · Evidence leans up · 78% evidence59.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.7/35 · Revenue 32.8% · Profit 100% · Operating margin change -2 points · 100% evidenceCapital efficiency 15.0/25 · ROCE 24.8% · Operating margin 6% · 100% evidenceValuation 8.8/20 · P/E 54× · PEG 1.94 · 65% evidenceRelative strength 10.7/20 · Lead over its industry — · Lead over NIFTY 500 0.7% · 1 year -7.9% · 25% evidence · 3 of 5 weeks aheadExact sum: 24.7 + 15 + 8.8 + 10.7 = 59.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Dodla Dairy LtdDODLA · turning · Evidence leans down · 85% evidence49.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.5/35 · Revenue 17.1% · Profit -16.9% · Operating margin change -4 points · 100% evidenceCapital efficiency 11.9/25 · ROCE 16.7% · Operating margin 5% · 100% evidenceValuation 12.8/20 · P/E 27.1× · PEG 1.75 · 100% evidenceRelative strength 8.0/20 · Lead over its industry — · Lead over NIFTY 500 -7.4% · 1 year -24.2% · 25% evidence · 0 of 12 weeks aheadExact sum: 16.5 + 11.9 + 12.8 + 8 = 49.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Hatsun Agro Product LtdHATSUN · breaking out · Evidence leans down · 100% evidence49.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.4/35 · Revenue 18.6% · Profit 5.8% · Operating margin change -2 points · 100% evidenceCapital efficiency 14.2/25 · ROCE 15.2% · Operating margin 11% · 100% evidenceValuation 5.7/20 · P/E 61.4× · PEG 3.5 · 100% evidenceRelative strength 14.8/20 · Lead over its industry -0.2% · Lead over NIFTY 500 6.3% · 1 year -9.9% · 100% evidence · 10 of 12 weeks aheadExact sum: 14.4 + 14.2 + 5.7 + 14.8 = 49.1 · What this means: Relative strength against the index is 6.3%, and revenue and profit growth are weak.
  6. 6Heritage Foods LtdHERITGFOOD · breaking out · Evidence leans down · 100% evidence36.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.3/35 · Revenue 13.9% · Profit -33.5% · Operating margin change -1 points · 100% evidenceCapital efficiency 9.8/25 · ROCE 14.8% · Operating margin 6% · 100% evidenceValuation 10.2/20 · P/E 29× · PEG 1.33 · 100% evidenceRelative strength 7.8/20 · Lead over its industry -7.1% · Lead over NIFTY 500 -1% · 1 year -26.6% · 100% evidence · 11 of 12 weeks aheadExact sum: 8.3 + 9.8 + 10.2 + 7.8 = 36.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Parag Milk Foods LtdPARAGMILK · breaking out · Evidence leans down · 85% evidence35.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.4/35 · Revenue 10.9% · Profit 9.2% · Operating margin change 1 points · 100% evidenceCapital efficiency 6.6/25 · ROCE 13.4% · Operating margin 8% · 100% evidenceValuation 5.1/20 · P/E 31× · PEG 3.17 · 100% evidenceRelative strength 9.9/20 · Lead over its industry — · Lead over NIFTY 500 -0.7% · 1 year -25.2% · 25% evidence · 8 of 12 weeks aheadExact sum: 13.4 + 6.6 + 5.1 + 9.9 = 35 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Kwality LtdKWALITY · Too little evidence to rank firmly · 17% evidence41.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.2/43.75 · Revenue -27.3% · Profit -80% · Operating margin change — · 16% evidenceCapital efficiency 8.5/31.25 · ROCE -190% · Operating margin -2.3% · 46% evidenceValuation 12.5/25 · P/E — · PEG — · 0% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 20.2 + 8.5 + 12.5 = 41.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: FMCG - Dairy Products, all 8 compared on one page.

Which companies are close to Vadilal Industries in size?

Vadilal Industries is the 4th largest of 8 FMCG - Dairy Products companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Nestle India, Hatsun Agro Product and Dodla Dairy. Just below it: Parag Milk Foods, Heritage Foods and Vadilal Enterprises.

FMCG - Dairy Products companies close in size

  1. Nestle India Ltd ₹2,25,034 crore
  2. Hatsun Agro Product Ltd ₹22,175 crore
  3. Dodla Dairy Ltd ₹5,909 crore
  4. Vadilal Industries Ltd ₹5,387 crore
  5. Parag Milk Foods Ltd ₹4,069 crore
  6. Heritage Foods Ltd ₹3,298 crore
  7. Vadilal Enterprises Ltd ₹823 crore

All 8 FMCG - Dairy Products companies, largest first

Companies close in size in other industries

  1. Rolex Rings Ltd ₹5,403 crore · Bearings
  2. L G Balakrishnan & Bros Ltd ₹5,388 crore · Auto Ancillaries - 2 Wheelers
  3. Vadilal Industries Ltd ₹5,387 crore
  4. V2 Retail Ltd ₹5,377 crore · Textiles - Readymade Apparel
  5. Balu Forge Industries Ltd ₹5,371 crore · Castings, Forgings & Fastners

What else do people ask about Vadilal Industries?

What is Vadilal Industries's share price today?

Vadilal Industries Ltd's share price is ₹7,377.50, +39.8% over the past year. The whole company is worth ₹5,305 Cr on the market.

In the last 52 weeks it traded between ₹4,047 to ₹7,900; today it is 86% of the way up from the low, 17.6% above its 200-day average (as of 4 November 2026).

What were Vadilal Industries's latest quarterly results?

Vadilal Industries Ltd reported revenue of ₹463 Cr and net profit of ₹55.0 Cr for the Sep 2026 quarter. Revenue rose 35.8% and profit rose 66.7% compared with a year earlier. Earnings per share were ₹76.27.

The operating margin was 18.0%, 3.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Vadilal Industries's market cap?

Vadilal Industries Ltd's market capitalisation is ₹5,305 Cr at a share price of ₹7,377.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Vadilal Industries performing?

Vadilal Industries Ltd's share price has been rising for 20 weeks. In its latest quarter, revenue rose 35.8% and profit rose 66.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 30 weeks running (as of 4 November 2026).

Will Vadilal Industries's share price go up?

This page does not forecast Vadilal Industries Ltd's share price. What it shows instead: the share price is ₹7,377.50, and it has been rising for 20 weeks. Its P/E of 22.1× is higher than 51% of its own last 10 years (as of 4 November 2026).

Who owns Vadilal Industries?

Promoters own 64.7% of Vadilal Industries Ltd, foreign institutions 1.4%, domestic institutions 1.6% and the public 32.2% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.6 percentage points over 8 quarters (as of 4 November 2026).

Does Vadilal Industries have too much debt?

No, Vadilal Industries Ltd has little debt: its debt is 0.27× its equity, and its operating profit is 16 times its interest bill. FY26 borrowings were ₹230 Cr against equity of ₹850 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Vadilal Industries in its business cycle?

Vadilal Industries Ltd's FY26 operating margin was 17.0%, against a 13-year range of 8.0% to 20.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Vadilal Industries story?

The main question: the share price moved +39.8% in a year while yearly earnings per share moved +3.2%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Vadilal Industries a stock worth studying right now?

What the numbers show: Vadilal Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.