Vijay Solvex (BSE 531069)₹640.00−0.62%Edible Oil
In the Jun 2026 quarter (consolidated), Vijay Solvex reported sales of ₹622 Cr, up 35.3% from Jun 2025, and net profit of ₹5.56 Cr, up 429.5% year on year. For the year to Mar 2026, sales were ₹2,363 Cr and net profit ₹18.97 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 475 | 513 | 404 | 378 | 432 | 544 | 476 | 460 | 615 | 605 | 685 | 622 |
| Expenses | 474 | 517 | 396 | 376 | 425 | 531 | 468 | 457 | 605 | 596 | 670 | 613 |
| Operating Profit | 0.60 | −5.14 | 7.35 | 1.25 | 5.73 | 11.37 | 7.13 | 2.62 | 8.65 | 7.97 | 13.56 | 8.74 |
| OPM % | 0.1% | −1.0% | 1.8% | 0.3% | 1.3% | 2.1% | 1.5% | 0.6% | 1.4% | 1.3% | 2.0% | 1.4% |
| Other Income | 1.02 | 0.13 | 0.85 | 1.54 | 0.94 | 0.31 | 0.22 | 0.15 | 3.00 | 0.42 | 0.23 | 0.13 |
| Interest | 0.64 | 0.39 | 0.00 | −0.07 | 0.24 | 1.14 | 2.19 | 0.70 | 3.19 | 0.61 | 3.48 | 0.58 |
| Depreciation | 0.62 | 0.66 | 0.68 | 0.60 | 0.60 | 0.61 | 0.78 | 0.64 | 0.65 | 0.69 | 0.73 | 0.73 |
| Profit before tax | 0.37 | −6.07 | 7.55 | 2.25 | 5.86 | 9.98 | 4.41 | 1.44 | 7.83 | 7.13 | 9.61 | 7.57 |
| Tax % | 36.8% | −4.0% | 9.1% | 15.0% | −6.3% | 25.1% | 36.6% | 27.6% | 22.3% | 24.4% | 29.4% | 26.2% |
| Net Profit | 0.24 | −5.81 | 6.84 | 1.92 | 6.21 | 7.45 | 2.79 | 1.05 | 6.08 | 5.36 | 6.77 | 5.56 |
| EPS (Rs) | 0.79 | −18.23 | 21.46 | 6.05 | 19.46 | 23.38 | 8.76 | 3.32 | 19.07 | 16.83 | 21.24 | 17.45 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 661 | 685 | 878 | 1,225 | 1,447 | 2,068 | 2,713 | 2,429 | 1,826 | 1,830 | 2,363 | 2,527 |
| Expenses | 646 | 668 | 857 | 1,197 | 1,408 | 1,985 | 2,638 | 2,403 | 1,820 | 1,798 | 2,328 | 2,484 |
| Operating Profit | 13.96 | 15.96 | 19.96 | 25.96 | 35.91 | 77.87 | 71.89 | 20.96 | 3.99 | 26.96 | 32.93 | 38.92 |
| OPM % | 2.2% | 2.3% | 2.3% | 2.1% | 2.5% | 3.8% | 2.6% | 0.9% | 0.2% | 1.5% | 1.4% | 1.5% |
| Other Income | 0.00 | 0.99 | 0.00 | 1.99 | 1.99 | 7.98 | 10.98 | 7.98 | 2.99 | 1.99 | 3.99 | 3.78 |
| Interest | 5.02 | 2.01 | 3.01 | 7.03 | 8.03 | −4.02 | 4.02 | 4.01 | 1.01 | 3.01 | 8.03 | 7.86 |
| Depreciation | 0.99 | 0.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 2.99 | 2.99 | 2.99 | 2.80 |
| Profit before tax | 7.99 | 14.01 | 15.99 | 19.01 | 27.01 | 89.01 | 75.95 | 22.01 | 4.01 | 22.02 | 25.99 | 32.14 |
| Tax % | 30.0% | 34.0% | 36.0% | 34.0% | 25.0% | 25.0% | 25.0% | 24.0% | 28.0% | 18.0% | 26.0% | — |
| Exceptional items | 0.00 | −0.07 | 0.00 | 0.04 | 0.09 | 0.04 | 0.00 | 0.06 | 0.08 | 0.07 | 0.00 | — |
| Net Profit | 4.99 | 8.99 | 9.98 | 12.96 | 20.95 | 66.90 | 56.90 | 16.97 | 2.99 | 17.96 | 18.97 | 23.77 |
| EPS (Rs) | 16.93 | 28.26 | 32.15 | 39.89 | 64.72 | 209.17 | 179.73 | 53.26 | 9.20 | 57.68 | 60.46 | 74.59 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 |
| Reserves | 76.19 | 81.20 | 103 | 123 | 131 | 154 | 239 | 324 | 317 | 319 | 339 | 350 |
| Borrowings | 59.93 | 63.85 | 60.92 | 96.79 | 79.94 | 84.85 | 116 | 148 | 37.92 | 8.98 | 32.91 | 64.86 |
| Other Liabilities | 23.90 | 23.03 | 22.11 | 23.11 | 28.13 | 42.18 | 53.11 | 42.80 | 48.10 | 42.78 | 38.81 | 45.16 |
| Total Liabilities | 163 | 172 | 190 | 246 | 243 | 284 | 412 | 516 | 406 | 375 | 414 | 464 |
| Fixed Assets | 14.96 | 14.97 | 15.98 | 15.97 | 17.98 | 19.97 | 21.95 | 23.95 | 21.95 | 34.92 | 37.94 | 48.93 |
| CWIP | 9.99 | 9.98 | 9.98 | 9.99 | 9.99 | 10.98 | 9.98 | 9.98 | 14.97 | 9.99 | 10.98 | 0.99 |
| Investments | 17.04 | 17.04 | 51.09 | 60.12 | 57.14 | 61.15 | 83.15 | 117 | 103 | 103 | 103 | 100 |
| Other Assets | 121 | 130 | 114 | 160 | 158 | 192 | 297 | 366 | 264 | 227 | 262 | 313 |
| Inventories | 30.95 | 64.93 | 46.94 | 70.94 | 49.95 | 32.97 | 99.89 | 131 | 75.89 | 67.92 | 115 | 186 |
| Trade receivables | 28.96 | 25.98 | 27.94 | 50.90 | 45.92 | 33.95 | 41.93 | 47.90 | 40.95 | 20.97 | 24.97 | 30.94 |
| Cash & equivalents | 13.05 | 14.04 | 14.04 | 7.02 | 34.13 | 72.26 | 81.24 | 151 | 52.18 | 98.24 | 94.23 | 54.18 |
| Total Assets | 163 | 172 | 190 | 246 | 243 | 284 | 412 | 516 | 406 | 375 | 414 | 464 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 44.06 | 4.01 | 23.05 | −38.08 | 53.10 | 46.07 | −22.04 | 41.07 | 71.11 | 31.09 | −22.03 | −61.16 |
| Cash from investing activity | 1.01 | 0.00 | −18.02 | 0.00 | −14.02 | −6.01 | −58.13 | 74.09 | −54.09 | 1.01 | 29.04 | 4.01 |
| Cash from financing activity | −46.07 | −2.01 | −5.01 | 32.08 | −25.04 | −5.01 | 29.04 | 28.04 | −113 | −32.05 | 21.05 | 26.06 |
| Net cash flow | −0.99 | 0.99 | 0.00 | −4.99 | 13.96 | 34.88 | −50.90 | 143 | −96.71 | 0.00 | 27.93 | −30.92 |
| Capex | 1.70 | 1.43 | 2.33 | 1.72 | 3.21 | 4.25 | 2.95 | 3.43 | 7.39 | 10.14 | 5.19 | 5.78 |
| Free cash flow | 42.13 | 2.01 | 20.07 | −39.15 | 50.18 | 41.10 | −25.06 | 37.14 | 63.22 | 21.07 | −28.08 | −67.22 |
| CFO / OP % | 337.9% | 46.0% | 170.0% | −154.0% | 234.9% | 149.0% | 1.0% | 82.9% | 359.9% | 719.9% | −67.1% | −167.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 15 | 15 | 16 | 22 | 15 | 10 | 8 | 7 | 7 | 5 | 6 | 6 |
| Inventory days | 17 | 40 | 28 | 33 | 16 | 9 | 19 | 19 | 12 | 15 | 25 | 31 |
| Days payable | 10 | 10 | 8 | 7 | 6 | 9 | 8 | 5 | 6 | 6 | 5 | 3 |
| Cash conversion cycle | 21 | 44 | 35 | 48 | 24 | 9 | 18 | 20 | 13 | 13 | 24 | 32 |
| Working capital days | 14 | 19 | 13 | 17 | 7 | 0 | 9 | 5 | 13 | 17 | 21 | 24 |
| ROCE % | — | 9.0% | 10.0% | 10.0% | 12.0% | 15.0% | 28.0% | 19.0% | 6.0% | 1.0% | 7.0% | 9.0% |
For the Jun 2026 quarter, Vijay Solvex reported sales of ₹622 Cr, up 35.3% year on year and net profit of ₹5.56 Cr, up 429.5% year on year. The operating margin was 1.4%.
Vijay Solvex's sales for the year to Mar 2026 were ₹2,363 Cr; over the last twelve months they were ₹2,527 Cr.
Net profit for the year to Mar 2026 was ₹18.97 Cr, and ₹23.77 Cr over the last twelve months. Earnings per share over the same trailing period were ₹74.59.
Vijay Solvex reported borrowings of ₹64.86 Cr at Mar 2026, against cash and equivalents of ₹54.18 Cr.
Cash from operations was −₹61.16 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹67.22 Cr.