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Veedol Corporation Limited

VEEDOL · 590005 · Energy · Lubricants

Full report
Rs 1,335+29.4 (+2.25%)
Market cap
Rs 2,270 Cr
P/E
10.32x
P/B
2.19x
52W high / low
Rs 1,844.8 / Rs 1,238.2

About Veedol Corporation

Veedol Corporation Limited is listed on the NSE under the symbol VEEDOL and on the BSE under scrip code 590005. It is classified in the Energy sector, industry: Lubricants. The company listed on 16 Jan 2007 and has a face value of Rs 2.

The latest available end-of-day price is Rs 1,335 (+2.25% on the day), for a market capitalisation of Rs 2,270 Cr. Trailing P/E is 10.32x and price-to-book is 2.19x. The 52-week range is Rs 1,238.2 to Rs 1,844.8. The latest price is 16% of the way from the 52-week low to the 52-week high.

Against the 7-company comparison set from the official BSE basic industry Lubricants, its market capitalisation is 0.8 times the peer median of Rs 2,758 Cr, and its P/E of 10.32x compares with a peer median of 10.92x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.

Latest annual results

For FY26 (year ended 31 Mar 2026), Veedol Corporation Limited reported revenue of Rs 2,169 Cr and net profit of Rs 192 Cr, with a net margin of 8.84% and earnings per share of Rs 112.75 (consolidated statements).

Year-on-year change: revenue +9.92%; net profit +13.55%; EPS +13.56%. Three-year compound annual growth rate: revenue +5.37%; net profit +18.72%.

At the same date the balance sheet shows total assets of Rs 1,406 Cr, shareholders' equity of Rs 1,036 Cr, total debt of Rs 0 Cr, cash of Rs 168 Cr, a debt-to-equity ratio of 0.00 and operating cash flow of Rs 194 Cr.

On a trailing-twelve-month basis the filings add up to revenue of Rs 2,263 Cr, net income of Rs 220 Cr and a net margin of 9.72%.

Shareholding pattern

In the shareholding pattern for 30 Sept 2026, Veedol Corporation Limited's ownership is split: promoters 64.58%; foreign institutional investors (FIIs) 1.01%; domestic institutional investors (DIIs) 1.16%; retail and other shareholders 30.78%.

Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.01 percentage points; DII holding 0.00 percentage points.

The same filing lists reported promoter pledge of 0.00% and 54,588 shareholders on record.

Recent filings and corporate actions

83 BSE corporate announcements were filed by Veedol Corporation Limited in the past twelve months; the most frequent category is "Company Update" (54). The most recent is "Veedol Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to…" (Board Meeting), filed on 27 Oct 2026.

The disclosed corporate-action timeline lists 16 entries: dividend (16). The latest is a dividend (Final Dividend - Rs. - 22.0000) with ex-date 17 Jul 2026.

Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.

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Peer comparison

Official BSE basic industry: Lubricants. Limited to companies within a 0.1x–10x market-cap band.

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Official-industry peer comparison for Veedol Corporation Limited
Castrol India LimitedRs 187.62Rs 18,558 CrRs 6,656 CrRs 1,011 Cr18.38x52.96%
Gulf Oil Lubricants India LimitedRs 1,063.3Rs 5,269 CrRs 4,912 CrRs 401 Cr12.99x27.00%
Savita Oil Technologies LimitedRs 659.4Rs 4,521 CrRs 4,936 CrRs 414 Cr10.92x23.81%
Panama Petrochem LimitedRs 455.9Rs 2,758 CrRs 4,119 CrRs 479 Cr5.76x35.16%
Gandhar Oil Refinery (India) LimitedRs 248.1Rs 2,429 CrRs 5,853 CrRs 464 Cr5.51x34.02%
Veedol Corporation LimitedThis companyRs 1,335Rs 2,270 CrRs 2,279 CrRs 220 Cr10.32x22.55%
GP Petroleums LimitedRs 66.01Rs 337 Cr——12.72x—
MedianRs 455.9Rs 2,758 CrRs 4,924 CrRs 439 Cr10.92x30.51%

Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.

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Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.

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