Veedol Corporation quarterly results and financials

Veedol Corporation (VEEDOL)₹1,395−0.59%(9 Nov 2026 close)Lubricants

Key facts

In the Jun 2026 quarter (consolidated), Veedol Corporation reported sales of ₹608 Cr, up 18.5% from Jun 2025, and net profit of ₹78.19 Cr, up 55.9% year on year. For the year to Mar 2026, sales were ₹2,167 Cr and net profit ₹192 Cr.

Sales (Jun 2026): ₹608 Cr
Net profit (Jun 2026): ₹78.19 Cr
Sales (FY Mar 2026): ₹2,167 Cr
Net profit (FY Mar 2026): ₹192 Cr
EPS (Jun 2026): ₹44.73
Borrowings (Mar 2026): ₹15.96 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Veedol Corporation quarterly results

₹ crore unless stated; each column is a quarter.

Veedol Corporation Quarterly results
	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	473	495	486	478	475	481	531	513	508	537	606	608
Expenses	431	454	437	435	429	443	462	454	455	485	542	509
Operating Profit	42.13	42.18	48.21	41.19	46.19	38.18	68.31	59.24	53.21	52.17	63.29	98.45
OPM %	9.1%	8.0%	10.1%	9.0%	10.0%	8.0%	13.0%	11.1%	10.1%	10.1%	10.0%	16.1%
Other Income	7.99	7.99	11.99	13.98	8.99	6.99	9.99	12.99	10.99	12.98	11.98	11.99
Interest	0.00	1.01	0.00	1.01	1.01	1.01	1.01	1.01	1.01	0.00	1.01	0.00
Depreciation	3.99	3.99	3.99	4.99	7.99	7.01	7.99	7.99	7.99	8.99	10.01	7.99
Profit before tax	44.86	44.89	54.81	49.84	45.86	36.88	68.75	63.81	54.81	55.84	63.78	102
Tax %	22.0%	25.0%	23.0%	26.0%	25.0%	−1.0%	13.0%	22.0%	26.0%	22.0%	10.0%	23.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	−5.99	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	35.08	34.06	43.07	37.10	35.07	37.07	60.12	50.14	41.09	44.10	57.08	78.19
EPS (Rs)	20.20	19.28	24.61	21.28	19.85	21.41	34.24	28.49	23.49	24.98	32.97	44.73

Veedol Corporation profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Veedol Corporation Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	972	1,128	1,274	1,375	1,316	1,257	1,533	1,851	1,930	1,969	2,167	2,260
Expenses	858	991	1,132	1,242	1,175	1,092	1,385	1,707	1,754	1,770	1,934	1,990
Operating Profit	114	137	140	131	138	165	148	143	174	197	228	267
OPM %	12.1%	12.1%	11.0%	9.1%	10.1%	13.1%	10.1%	8.0%	9.0%	10.0%	10.0%	11.8%
Other Income	23.96	34.93	31.94	31.95	37.94	37.98	29.94	21.98	30.96	37.96	47.92	47.94
Interest	0.99	2.99	2.99	1.99	1.99	2.01	2.01	1.01	1.99	4.01	2.01	2.02
Depreciation	6.99	8.99	8.99	10.01	12.01	13.98	14.99	14.98	14.99	28.99	34.01	34.98
Profit before tax	129	158	158	148	161	185	160	146	186	201	237	276
Tax %	39.0%	32.0%	33.0%	35.0%	24.0%	24.0%	23.0%	22.0%	24.0%	16.0%	20.0%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−2.99	1.99	0.00
Net Profit	86.15	108	107	97.19	122	141	123	115	143	169	192	220
EPS (Rs)	49.36	61.84	60.97	55.40	69.74	80.70	70.50	65.70	81.95	96.79	109.94	126.17
Dividend payout %	50.0%	47.0%	56.0%	82.0%	70.0%	72.0%	76.0%	62.0%	62.0%	54.0%	103.0%	—

Veedol Corporation balance sheet

₹ crore, at each year end.

Veedol Corporation Balance sheet
	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	0.86	2.01	2.01	2.01	2.01	2.01	2.01	3.01	3.01	3.01	3.01	3.01
Reserves	498	584	611	649	638	678	734	716	760	823	911	1,031
Borrowings	20.93	27.93	28.91	41.90	38.87	37.90	17.94	13.97	4.99	0.99	21.94	15.96
Other Liabilities	217	232	255	256	249	249	287	303	330	320	320	354
Total Liabilities	738	846	897	948	928	967	1,040	1,036	1,098	1,148	1,255	1,405
Fixed Assets	194	148	231	243	250	264	277	271	272	295	341	352
CWIP	0.00	2.01	0.00	3.01	2.01	12.02	4.01	3.01	2.01	10.03	7.02	8.02
Investments	0.00	67.92	64.93	69.83	68.90	75.85	73.84	69.84	69.89	72.92	77.89	81.84
Other Assets	543	628	600	633	607	615	686	692	755	770	829	962
Inventories	156	162	202	189	189	201	286	291	305	280	334	326
Trade receivables	178	165	200	189	196	152	164	212	237	224	293	345
Cash & equivalents	169	244	149	179	160	205	184	149	163	40.96	44.96	205
Total Assets	738	846	897	948	928	967	1,040	1,036	1,098	1,148	1,255	1,405

Veedol Corporation cash flow

₹ crore, for each year.

Veedol Corporation Cash flow
	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	79.87	127	34.96	93.96	78.89	133	68.98	92.92	103	156	29.97	194
Cash from investing activity	45.03	−7.01	24.03	−86.07	−1.01	−49.01	39.03	37.01	6.01	−92.01	73.01	53.02
Cash from financing activity	−20.01	−36.03	−56.03	−57.99	−110	−80.05	−102	−142	−81.01	−85.98	−98.96	−122
Net cash flow	105	82.98	2.01	−49.04	−31.01	4.01	6.01	−11.01	28.02	−21.01	4.01	125
Capex	57.78	15.94	20.93	17.94	14.96	31.88	17.94	8.97	14.95	46.83	41.86	34.89
Free cash flow	143	112	14.03	77.16	65.18	101	51.14	85.24	89.24	109	−12.03	160
CFO / OP %	142.0%	158.0%	71.0%	108.0%	103.0%	124.0%	62.0%	86.0%	94.0%	114.0%	38.0%	109.0%

Veedol Corporation ratios

Working-capital days and returns, by year.

Veedol Corporation Ratios
	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	64	63	66	55	53	43	48	51	48	43	55	59
Inventory days	84	105	115	93	85	102	150	109	90	84	104	93
Days payable	61	90	97	91	81	88	108	80	65	48	52	60
Cash conversion cycle	86	77	83	56	55	55	89	79	72	78	106	91
Working capital days	63	42	66	55	54	49	72	67	60	87	93	72
ROCE %	18.0%	22.9%	26.0%	24.0%	22.0%	23.0%	26.0%	22.0%	20.0%	24.0%	24.0%	24.0%

Veedol Corporation: frequently asked questions

What are the latest quarterly results of Veedol Corporation?

For the Jun 2026 quarter, Veedol Corporation reported sales of ₹608 Cr, up 18.5% year on year and net profit of ₹78.19 Cr, up 55.9% year on year. The operating margin was 16.1%.

What is the annual revenue of Veedol Corporation?

Veedol Corporation's sales for the year to Mar 2026 were ₹2,167 Cr; over the last twelve months they were ₹2,260 Cr.

What is the net profit of Veedol Corporation?

Net profit for the year to Mar 2026 was ₹192 Cr, and ₹220 Cr over the last twelve months. Earnings per share over the same trailing period were ₹126.17.

How much debt does Veedol Corporation have?

Veedol Corporation reported borrowings of ₹15.96 Cr at Mar 2026, against cash and equivalents of ₹205 Cr.

What is the free cash flow of Veedol Corporation?

Cash from operations was ₹194 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹160 Cr.

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