1. India Stocks

  2. •

    Energy minerals

  3. •

    Oil refining/Marketing
Veedol Corp. Ltd

Veedol Corp. Ltd

1,301.00
INR
-22.30
(-1.69%)
129.38EPS
11.16P/E
24.53BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
558.16
595.29
558.79
663.78
747.94
809
773.61
739.42
902.67
1,089.63
1,135.21
1,154.29
1,268.38
1,331.36
Basic EPS, GAAP
37.19
91
49.61
63.71
62.87
57.06
71.82
83.16
72.32
67.42
84.1
99.29
112.75
129.38
Free Cash Flow per Basic Share
11.99
12.5
62.96
-22.17
55.59
46.63
59.29
29.99
49.92
51.8
64.2
-7.33
93.68
- -
Dividend per Share
8.75
17.69
24.02
34.03
35.88
53.32
37.93
49.21
82.02
43.06
48.19
53.31
59.47
- -
Book Value per Share
219.17
313.81
336.52
351.91
373.24
367.29
390.62
422.73
413.13
438.71
486.91
537.84
609.37
- -
Tangible Book Value per Share
189.51
283.61
306.86
282.35
303.86
297.88
321.3
353.25
343.66
369.22
415.45
461.76
534.42
- -
Basic Weighted Avg Shares
17
17
17
17
17
17
17
17
17
17
17
17
17
17
Sales/Revenue/Turnover
9,725
10,372
9,736
11,281
12,711
13,749
13,147
12,566
15,341
18,518
19,293
19,617
21,556
22,625
Operating Margin (%)
8.55
7.13
10.95
11.35
10.22
8.95
9.6
12.16
8.79
7.05
8.34
8.75
8.96
10.21
Depreciation Expense
95
111
74
89
93
105
125
141
155
155
152
285
342
344
Net Income, GAAP
648
1,586
864
1,083
1,068
970
1,221
1,413
1,229
1,146
1,429
1,688
1,916
2,199
Effective Tax Rate (%)
36.34
31.69
38.96
31.88
32.95
34.54
24.51
23.78
23.23
22.14
23.64
16.3
19.63
20.48
Profit Margin (%)
6.66
15.29
8.88
9.6
8.41
7.05
9.28
11.25
8.01
6.19
7.41
8.6
8.89
9.72
Working Capital
2,846
3,641
3,853
3,509
3,690
3,603
3,788
4,306
4,254
4,611
4,979
5,428
6,266
- -
LT Debt
- -
- -
- -
- -
- -
12
22
6
2
- -
9
142
107
- -
Total Equity
3,819
5,468
5,864
6,132
6,503
6,400
6,806
7,366
7,198
7,644
8,275
9,141
10,356
- -
Return on Invested Capital (%)
15.28
32.66
14.51
13.84
13.11
11.81
13.7
15.8
13.85
13.12
14.6
15.29
15.74
- -
Return on Capital (%)
17.71
33.13
14.72
17.55
16.28
14.37
17.71
19.39
16.67
15.4
18.06
19.46
19.48
- -
Return on Common Equity (%)
18.01
34.15
15.26
18.05
16.91
15.03
18.49
19.95
16.88
15.44
17.96
19.38
19.66
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
52
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
107
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
27,866
21,179
24,528

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
9,474
- -
Cash, Cash Equivalents & STI
- -
2,253
- -
Accounts Receivable, Net
- -
3,453
- -
Inventories
- -
3,247
- -
Total Current Liabilities
- -
3,207
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
52
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.95%
7.19%
13.3%
Free Cash Flow
-191.84%
-278.98%
-1,377.69%
Net Income, GAAP
9.29%
7.31%
13.55%
Sales/Revenue/Turnover
8.64%
11.71%
9.88%
Total Cash Common Dividend
14.63%
10.65%
11.55%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,789
4,762
4,824
5,322
19,617
2026
5,143
5,092
5,377
6,070
21,556
2027
6,086
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
21.84
20.36
21.97
35.12
99.29
2026
29.23
24.09
25.63
33.81
112.75
2027
45.85
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
53.31
2026
- -
- -
- -
- -
59.47
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rajendra Nath Ghosal
Full Time Employees
832
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
Yule House Kolkata WB India 700001
IPO Date
Jan 16, 2007
Website
veedolindia.com
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Business
Veedol Corporation Limited Veedol Corporation Limited (VEEDOL.NS), formerly Tide Water Oil Co. (India) Ltd., manufactures and markets lubricants under the Veedol brand for automotive and industrial applications across more than 70 countries. The company offers high-performance engine oils for passenger cars, two/three-wheelers, heavy commercial vehicles, off-highway vehicles, buses and tractors; gear oils, transmission oils, coolants, brake fluids and greases for automotive uses; and a broad range of industrial and specialty lubricants including general purpose machinery, spindle, turbine, hydraulic, circulation, heavy duty hydraulic, steam cylinder, industrial gear, cutting, non-drip and mill roll oils. Founded in 1922 and headquartered in Kolkata, India, with regional offices in New Delhi, Mumbai and Chennai, it operates five ISO-accredited manufacturing plants in Howrah, Royapuram, Turbhe, Silvassa and Faridabad, supported by over 55 depots, more than 500 direct distributors serving 50,000 retail outlets and workshops, and two DSIR-recognized R&D centers in Navi Mumbai and near Chennai. Veedol Corporation Limited maintains a 50:50 joint venture with Eneos Corporation through ENEOS Tide Water Lubricants India Private Limited for ENEOS brand sales and marketing, working with OEMs such as Honda Motors & Scooters, Honda Cars, Hero MotoCorp, Kubota, Yamaha and Kobelco; it owns Veedol International Limited in the UK following a 2011 acquisition from BP plc and Granville Oil & Chemicals Ltd. via a 2016 purchase of Price Thomas Associates. In September 2025, the company approved joint promoter Standard Greases & Specialities Private Limited to acquire 871,200 equity shares between September 15 and 19, increasing its stake from 6,335,099 shares, in compliance with SEBI regulations; it also appointed Abhijit Tikekar as Company Secretary and Compliance Officer effective November 2025.