# Vadilal Industries share price today (Vadilal Industries Ltd, NSE: VADILALIND)

> Vadilal Industries share price today: ₹7,330.50 at the NSE close on 3 November 2026, up 38.0% in a year. Vadilal Industries (NSE: VADILALIND) is worth ₹5,271 crore, trades at a P/E of 21.9 and has closed between ₹4,046.60 and ₹7,900.00 over the past 52 weeks. > Vadilal Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. VADILALIND · FMCG - Dairy Products · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/vadilal-industries-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹7,330.50 (+38.0% in a year)
- P/E: 21.9× (higher than 51% of the last 10 years)
- Revenue (Sep 2026): ₹463 Cr (+35.8% on a year ago)
- Profit (Sep 2026): ₹55.0 Cr (+66.7% on a year ago)
- Operating margin: 18.0% (+3.0 points on a year ago)
- ROCE: 22%, FY26
- ROIC: 21.9%, against a 12.0% cost of capital: +9.9 points

The main question: the share price moved +38.0% in a year while yearly earnings per share moved +3.2%. The difference came from the market paying a higher multiple. ## What is the Vadilal Industries share price today? Vadilal Industries Ltd's share price was ₹7,330.50 at the close on 3 November 2026. It has been rising for 20 weeks. That is 16.9% 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 85% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 30 weeks in a row. Over the last 11 years the share price moved +1,236% 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| 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 margin | 18.0% | 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 ₹7,330.50 on 3 November 2026, up 38.0% from ₹5,313.00 a year earlier (31 October 2025) and up 635.1% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹6,958.00 | +5.4% |
| 1 month ago · 1 Oct 2026 | ₹7,187.00 | +2.0% |
| 6 months ago · 30 Apr 2026 | ₹4,696.60 | +56.1% |
| 1 year ago · 31 Oct 2025 | ₹5,313.00 | +38.0% |
| 3 years ago · 3 Nov 2023 | ₹2,482.35 | +195.3% |
| 5 years ago · 4 Nov 2021 | ₹997.20 | +635.1% |
| 10 years ago · 4 Nov 2016 | ₹539.50 | +1,258.8% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹548.60 | +1,236.2% |
| Highest weekly close since March 2016, also the 52-week high · 28 Aug 2026 | ₹7,900.00 | −7.2% |
| Lowest weekly close since March 2016 · 5 Oct 2018 | ₹417.10 | +1,657.5% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹4,046.60 | +81.2% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Vadilal Industries? 3 Nov 2026: Vadilal Industries closed at ₹7,330.50, up 5.4% on the week and up 2.0% 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 4 November 2026 (2 payments), a yield of 0.82% at the ₹7,330.50 close on 3 November 2026. The last was a dividend of ₹43 a share, ex-date 3 September 2026. ### Vadilal Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 3 Sep 2026 | ₹43 | Dividend |
| 21 Aug 2026 | ₹17 | Interim |
| 12 Sep 2025 | ₹21 | Dividend |
| 19 Sep 2024 | ₹1.50 | Dividend |
| 14 Sep 2023 | ₹1.50 | Dividend |
| 21 Sep 2022 | ₹1.25 | Dividend |

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 5 Of 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 4 November 2026.)

## Which stock lists is Vadilal Industries on? Vadilal Industries is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 5342.782382382382](https://www.sectoralpha.in/momentum-stocks-india)

## 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. 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). 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. The last four reported quarters add to ₹1,798 Cr. FY26 revenue was ₹1,503 Cr, +21.2% on the year 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. 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. ## 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. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. 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. 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. 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. 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 21.9×, 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. Why the multiple is where it is: over the past year earnings per share moved +3.2% while the price moved +38.0%. 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 +49.0% a year; about +42.6% a year came from earnings growth and about +6.4 percentage points from the multiple (the market paying more); over 10 years the price moved +29.8% a year; about +32.4% a year came from earnings growth and about −2.6 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. 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. ## 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). 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. ## 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. ## 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. 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. ## 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. ## How does Vadilal Industries rank in its industry? 76.1 out of 100, rank 1 of 8 in FMCG - Dairy Products, with 85% of the evidence available. Vadilal Industries Ltd scores 76.1 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 + 14.5 + 12.5 = 76.1. 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 76.1 out of 100. 1. Vadilal Industries Ltd this page VADILALIND · leader · Most evidence points up · 85% evidence 76.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Revenue 35.5% · Profit 79.8% · Operating margin change 3 points · 100% evidence Capital efficiency 18.7/25 · ROCE 22% · Operating margin 18% · 100% evidence Valuation 14.5/20 · P/E 22.4× · PEG 0.43 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 38% · 1 year 41% · 25% evidence · 12 of 12 weeks ahead Exact sum: 30.4 + 18.7 + 14.5 + 12.5 = 76.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Nestle India Ltd](https://www.sectoralpha.in/stocks/nestle-india-ltd) NESTLEIND · quiet · Evidence leans up · 100% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 21.7% · Profit 38.1% · Operating margin change 2 points · 100% evidence Capital efficiency 24.4/25 · ROCE 84.1% · Operating margin 24% · 100% evidence Valuation 8.4/20 · P/E 55.8× · PEG 2.82 · 100% evidence Relative 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 ahead Exact sum: 27.5 + 24.4 + 8.4 + 0 = 60.3 · What this means: Earnings are strong; relative strength in its sector is -14.5% and the one-year return is -8.2%. 3. [Vadilal Enterprises Ltd](https://www.sectoralpha.in/stocks/vadilal-enterprises-ltd) VADILENT · turning · Evidence leans up · 78% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.6/35 · Revenue 32.8% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 15.0/25 · ROCE 24.8% · Operating margin 6% · 100% evidence Valuation 8.1/20 · P/E 54× · PEG 1.94 · 65% evidence Relative strength 10.7/20 · Lead over its industry n/a · Lead over NIFTY 500 0.7% · 1 year -7.9% · 25% evidence · 3 of 5 weeks ahead Exact sum: 25.6 + 15 + 8.1 + 10.7 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Hatsun Agro Product Ltd](https://www.sectoralpha.in/stocks/hatsun-agro-product-ltd) HATSUN · breaking out · Evidence leans down · 100% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.4/35 · Revenue 18.6% · Profit 5.8% · Operating margin change -2 points · 100% evidence Capital efficiency 14.2/25 · ROCE 15.2% · Operating margin 11% · 100% evidence Valuation 5.7/20 · P/E 61.4× · PEG 3.5 · 100% evidence Relative 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 ahead Exact 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. 5. [Dodla Dairy Ltd](https://www.sectoralpha.in/stocks/dodla-dairy-ltd) DODLA · turning · Evidence leans down · 85% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.7/35 · Revenue 17.1% · Profit -16.9% · Operating margin change -4 points · 100% evidence Capital efficiency 11.9/25 · ROCE 16.7% · Operating margin 5% · 100% evidence Valuation 11.6/20 · P/E 27.1× · PEG 1.75 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.4% · 1 year -24.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 15.7 + 11.9 + 11.6 + 8 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Parag Milk Foods Ltd](https://www.sectoralpha.in/stocks/parag-milk-foods-ltd) PARAGMILK · breaking out · Evidence leans down · 81% evidence 45.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.5/35 · Revenue 10.9% · Profit 9.2% · Operating margin change 0 points · 88% evidence Capital efficiency 6.5/25 · ROCE 13.4% · Operating margin 7% · 100% evidence Valuation 15.3/20 · P/E 21.7× · PEG 0.65 · 100% evidence Relative strength 9.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.7% · 1 year -25.2% · 25% evidence · 8 of 12 weeks ahead Exact sum: 13.5 + 6.5 + 15.3 + 9.9 = 45.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Heritage Foods Ltd](https://www.sectoralpha.in/stocks/heritage-foods-ltd) HERITGFOOD · breaking out · Evidence leans down · 100% evidence 35.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.3/35 · Revenue 13.9% · Profit -33.5% · Operating margin change -1 points · 100% evidence Capital efficiency 9.8/25 · ROCE 14.8% · Operating margin 6% · 100% evidence Valuation 9.1/20 · P/E 29× · PEG 1.33 · 100% evidence Relative 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 ahead Exact sum: 8.3 + 9.8 + 9.1 + 7.8 = 35 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Kwality Ltd](https://www.sectoralpha.in/stocks/kwality-ltd) KWALITY · Too little evidence to rank firmly · 17% evidence 41.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/43.75 · Revenue -27.3% · Profit -80% · Operating margin change n/a · 16% evidence Capital efficiency 8.5/31.25 · ROCE -190% · Operating margin -2.3% · 46% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact 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](https://www.sectoralpha.in/sectors/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: Heritage Foods, Parag Milk Foods and Vadilal Enterprises. ### FMCG - Dairy Products companies close in size

1. [Nestle India Ltd](https://www.sectoralpha.in/stocks/nestle-india-ltd) ₹2,25,034 crore
2. [Hatsun Agro Product Ltd](https://www.sectoralpha.in/stocks/hatsun-agro-product-ltd) ₹22,175 crore
3. [Dodla Dairy Ltd](https://www.sectoralpha.in/stocks/dodla-dairy-ltd) ₹5,909 crore
4. Vadilal Industries Ltd ₹5,387 crore
5. [Heritage Foods Ltd](https://www.sectoralpha.in/stocks/heritage-foods-ltd) ₹3,298 crore
6. [Parag Milk Foods Ltd](https://www.sectoralpha.in/stocks/parag-milk-foods-ltd) ₹2,929 crore
7. [Vadilal Enterprises Ltd](https://www.sectoralpha.in/stocks/vadilal-enterprises-ltd) ₹823 crore

[All 8 FMCG - Dairy Products companies, largest first](https://www.sectoralpha.in/sectors/fmcg-dairy-products#all-companies)

### Companies close in size in other industries

1. [Lohia Corp Ltd](https://www.sectoralpha.in/stocks/lohia-corp-ltd) ₹5,419 crore · Textile machinery
2. [Fedbank Financial Services Ltd](https://www.sectoralpha.in/stocks/fedbank-financial-services-ltd) ₹5,390 crore · Finance & Investments - Gold Loan
3. Vadilal Industries Ltd ₹5,387 crore
4. [West Coast Paper Mills Ltd](https://www.sectoralpha.in/stocks/west-coast-paper-mills-ltd) ₹5,386 crore · Paper
5. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) ₹5,377 crore · Textiles - Readymade Apparel

## What else do people ask about Vadilal Industries? ### What is Vadilal Industries's share price today? Vadilal Industries Ltd's share price is ₹7,330.50, +38.0% over the past year. The whole company is worth ₹5,271 Cr on the market. In the last 52 weeks it traded between ₹4,047 to ₹7,900; today it is 85% of the way up from the low, 16.9% above its 200-day average (as of 3 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 3 November 2026). ### What is Vadilal Industries's market cap? Vadilal Industries Ltd's market capitalisation is ₹5,271 Cr at a share price of ₹7,330.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 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 3 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 ₹7,330.50, and it has been rising for 20 weeks. Its P/E of 21.9× is higher than 51% of its own last 10 years (as of 3 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 3 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 3 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 3 November 2026). ### What could break the Vadilal Industries story? The main question: the share price moved +38.0% 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 3 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 3 November 2026). ## Lists

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