Vadilal Dairy International
Vadilal Dairy International
Fast Moving Consumer GoodsTapetide Score
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Key Insights
Weaknesses
6- Company has low interest coverage ratio.
- Company has a low return on equity of -17.1% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2.28 Cr.
- Debtor days have increased from 61.5 to 83.5 days.
- Working capital days have increased from 49.2 days to 75.2 days
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | 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 | 12.45 | 2.79 | 3.68 | 6.11 | 9.88 | 3.15 | 4.58 | 9.02 | 11.39 | 2.83 | 3.38 | 6.57 | 12.75 |
| Expenses | 10.95 | 4.25 | 4.01 | 5.72 | 8.72 | 4.42 | 5.43 | 7.43 | 10.63 | 4.7 | 4.18 | 5.57 | 11.15 |
| Operating Profit | 1.5 | -1.46 | -0.33 | 0.39 | 1.16 | -1.27 | -0.85 | 1.59 | 0.76 | -1.87 | -0.8 | 1 | 1.6 |
| OPM % | 12.05% | -52.33% | -8.97% | 6.38% | 11.74% | -40.32% | -18.56% | 17.63% | 6.67% | -66.08% | -23.67% | 15.22% | 12.55% |
| Other Income | 0.03 | 0.02 | 0 | 0.4 | 0.01 | 0 | 0.01 | 0.45 | 0 | 0.02 | 0.6 | 1.47 | 0.19 |
| Interest | 0.06 | 0.06 | 0.08 | 0.11 | 0.1 | 0.11 | 0.06 | 0.12 | 0.07 | 0.1 | 0.1 | 0.11 | 0.09 |
| Depreciation | 0.5 | 0.5 | 0.5 | 0.51 | 0.44 | 0.44 | 0.44 | 0.44 | 0.41 | 0.42 | 0.42 | 0.42 | 0.43 |
| PBT | 0.97 | -2 | -0.91 | 0.17 | 0.63 | -1.82 | -1.34 | 1.48 | 0.28 | -2.37 | -0.72 | 1.94 | 1.27 |
| Tax % | 24.74% | -23.5% | -36.26% | 347.06% | 25.4% | -19.78% | -17.91% | 19.59% | -10.71% | -0.84% | 8.33% | -9.79% | -3.15% |
| Net Profit | 0.74 | -1.53 | -0.57 | -0.42 | 0.48 | -1.46 | -1.1 | 1.19 | 0.3 | -2.34 | -0.77 | 2.13 | 1.31 |
| EPS in Rs | 2.32 | -4.79 | -1.78 | -1.31 | 1.5 | -4.57 | -3.44 | 3.73 | 0.94 | -7.33 | -2.41 | 6.67 | 4.1 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39.36 | 42.88 | 45.83 | 43.21 | 46.21 | 37.63 | 10.52 | 17.97 | 28.83 | 25.02 | 26.63 | 24.17 | 25.53 |
| Expenses | 35.49 | 36.95 | 41.49 | 38.25 | 41.23 | 36.25 | 12.24 | 17.72 | 28.21 | 24.91 | 25.99 | 25.08 | 25.6 |
| Operating Profit | 3.87 | 5.93 | 4.34 | 4.96 | 4.98 | 1.38 | -1.72 | 0.25 | 0.62 | 0.11 | 0.64 | -0.91 | -0.07 |
| OPM % | 9.83% | 13.83% | 9.47% | 11.48% | 10.78% | 3.67% | -16.35% | 1.39% | 2.15% | 0.44% | 2.4% | -3.76% | -0.27% |
| Other Income | 1.45 | 0.91 | 2.21 | 1.78 | 0.82 | 0.07 | 0.08 | 0.26 | 0.35 | 0.44 | 0.46 | 2.09 | 2.28 |
| Interest | 0.06 | 0.3 | 0.94 | 0.93 | 0.85 | 0.96 | 0.04 | 0.09 | 0.16 | 0.3 | 0.39 | 0.37 | 0.4 |
| Depreciation | 0.9 | 1.14 | 1.54 | 1.79 | 2.03 | 2.25 | 2.22 | 2.21 | 1.96 | 2 | 1.75 | 1.66 | 1.69 |
| PBT | 4.36 | 5.4 | 4.07 | 4.02 | 2.92 | -1.76 | -3.9 | -1.79 | -1.15 | -1.75 | -1.04 | -0.85 | 0.12 |
| Tax % | 11.24% | 39.07% | 27.52% | 29.85% | 41.1% | 13.07% | -23.85% | -15.08% | -23.48% | 1.71% | -14.42% | -21.18% | — |
| Net Profit | 3.87 | 3.28 | 2.95 | 2.83 | 1.71 | -1.99 | -2.97 | -1.52 | -0.88 | -1.78 | -0.89 | -0.68 | 0.33 |
| EPS in Rs | 12.12 | 10.27 | 9.24 | 8.86 | 5.35 | -6.23 | -9.3 | -4.76 | -2.75 | -5.57 | -2.79 | -2.13 | 1.03 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | 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 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 |
| Reserves | 0.29 | 3.57 | 9.36 | 12.27 | 12.87 | 10.69 | 7.72 | 6.27 | 5.45 | 3.59 | 2.73 | 2.03 |
| Borrowings | 5.74 | 10.67 | 9.28 | 11.74 | 9.63 | 8.31 | 8.14 | 8.83 | 9.82 | 11.97 | 13.59 | 15.8 |
| Other Liabilities | 11.88 | 13.9 | 13.5 | 11.52 | 12.85 | 10.38 | 7.42 | 6.14 | 8.19 | 6.86 | 7.7 | 6.77 |
| Total Liabilities | 21.1 | 31.33 | 35.33 | 38.72 | 38.54 | 32.57 | 26.47 | 24.43 | 26.65 | 25.61 | 27.21 | 27.79 |
| Fixed Assets | 8.95 | 11.51 | 13 | 12.77 | 14.21 | 12.73 | 10.53 | 8.79 | 8.63 | 7.37 | 7.7 | 6.81 |
| CWIP | 0.51 | 0 | 0.11 | 0.12 | 0.15 | 0.15 | 0.15 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.25 | 1.13 | 3.19 | 3.79 | 3.64 | 0.81 | 0.23 | 0.13 | 0.13 | 0.14 | 0.12 | 0.18 |
| Other Assets | 11.39 | 18.69 | 19.03 | 22.04 | 20.54 | 18.88 | 15.56 | 15.51 | 17.89 | 18.1 | 19.39 | 20.8 |
| Total Assets | 21.1 | 31.33 | 35.33 | 38.72 | 38.54 | 32.57 | 26.47 | 24.43 | 26.65 | 25.61 | 27.21 | 27.79 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1.56 | 9.42 | 1.44 | -1.06 | 6.51 | 0.08 | -1.3 | -1.53 | -2.52 | -1.49 | 0.22 | -3.17 |
| Investing | -5.17 | -8.87 | -1.64 | -0.95 | -2.6 | 1.62 | 0.56 | -0.02 | -1.84 | -0.81 | -2.07 | -0.84 |
| Financing | 4.16 | -0.07 | 0.42 | 1.59 | -4.25 | -2.28 | -0.2 | 0.6 | 1.67 | 2.08 | 1.84 | 3.89 |
| Net Cash Flow | 0.55 | 0.48 | 0.22 | -0.42 | -0.35 | -0.58 | -0.94 | -0.95 | -2.69 | -0.21 | -0.01 | -0.11 |
| Free Cash Flow | -3.13 | 6.16 | -1.71 | -2.63 | 3.59 | -0.69 | -1.31 | -1.84 | -4.32 | -2.28 | -1.86 | -3.95 |
| CFO/OP | 40 | 159 | 33 | -21 | 131 | 6 | 76 | -612 | -406 | -1,355 | 34 | 348 |
Ratios
| Particulars | 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 | 9 | 15.92 | 17.92 | 26.95 | 25.35 | 29.2 | 94.37 | 31.08 | 28.61 | 44.79 | 56.2 | 83.51 |
| Inventory Days | 80.06 | 82.24 | 157 | 163 | 151 | 150 | 209 | 312 | 323 | 301 | 286 | 299 |
| Days Payable | 86.61 | 88.28 | 130 | 92.76 | 155 | 128 | 256 | 197 | 168 | 126 | 141 | 116 |
| Cash Conversion Cycle | 2.44 | 9.88 | 44.25 | 97.24 | 20.97 | 51.13 | 47.54 | 146 | 184 | 219 | 202 | 266 |
| Working Capital Days | -18.45 | -54.48 | -15.37 | 14.44 | -4.03 | 34.24 | 41.63 | 26.41 | 30.76 | 32.53 | 39.75 | 75.2 |
| ROCE % | 92.76% | 40.6% | 22.47% | 20.64% | 14.67% | -1.5% | -18.14% | -9.43% | -5.39% | -7.79% | -3.4% | -2.37% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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31 extracted metrics + investor summaries across FY15–FY26.
Documents
Frequently Asked Questions about Vadilal Dairy International
What does Vadilal Dairy International Ltd do?
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Company Information
Vadilal Dairy International is engaged in the manufacturing and selling of Ice Cream and Frozen Desserts. The Company caters to the domestic markets.(Source : 202203 Annual Report Pg No. 62)
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