Veedol Corporation
Veedol Corporation Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Veedol Corporation Limited, framed against the sector median so the premium or discount is obvious at a glance.
Veedol Corporation Limited trades at a P/E of 11.26× and P/B of 2.08×, against the Oil Gas & Consumable Fuels sector median P/E of 8.76×.
Valuation
Profitability
Growth
Financial Health
Veedol Corporation Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Veedol Corporation Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Veedol Corporation Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Veedol Corporation Limited, switchable between annual and quarterly views, consolidated or standalone.
Veedol Corporation Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,542.16 Cr and reported EPS of ₹112.80.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,312 | 1,379 | 1,317 | 1,258 | 1,536 | 1,854 | 1,931 | 1,970 | 2,169 |
| Other Income | 23 | 21 | 22 | 22 | 20 | 15 | 22 | 18 | 18 |
| Total Income | 1,335 | 1,401 | 1,338 | 1,281 | 1,555 | 1,869 | 1,953 | 1,989 | 2,186 |
| Cost of Goods Sold (COGS) | 747 | 820 | 720 | 697 | 972 | 1,235 | 1,214 | 1,173 | 1,275 |
| Gross Profit | 565 | 559 | 597 | 562 | 564 | 618 | 717 | 798 | 894 |
| +Operating Expenses | 426 | 429 | 459 | 398 | 416 | 476 | 548 | 603 | 667 |
| EBITDA | 139 | 131 | 138 | 164 | 147 | 142 | 169 | 194 | 227 |
| +Non-Operating Expenses | 12 | 13 | 15 | 17 | 17 | 17 | 17 | 26 | 37 |
| Profit Before Tax (PBT) | 150 | 139 | 145 | 170 | 150 | 140 | 174 | 174 | 208 |
| +Tax Expense | 53 | 52 | 39 | 44 | 37 | 33 | 44 | 33 | 47 |
| Profit/Loss from Discontinued Ops | — | — | 1 | — | — | — | — | — | — |
| Total Profit for Period | 107 | 97 | 121 | 141 | 123 | 114 | 143 | 169 | 192 |
| Net Profit (Owner's PAT) | 107 | 97 | 121 | 141 | 123 | 114 | 143 | 169 | 192 |
| Earnings Per Share (EPS) | 61.32 | 55.65 | 69.51 | 81.11 | 70.54 | 65.71 | 82.03 | 96.85 | 109.97 |
| Diluted Shares Outstanding (Nos.) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| +Additional Disclosures | 1,944 | 2,092 | 1,925 | 1,821 | 2,387 | 2,973 | 3,007 | 3,016 | 3,312 |
| Sales Growth % | — | 5.11 | -4.56 | -4.41 | 22.03 | 20.71 | 4.17 | 2.04 | 10.05 |
| YoY Sales Growth % | — | 5.11 | -4.56 | -4.41 | 22.03 | 20.71 | 4.17 | 2.04 | 10.05 |
| Material Cost % | 57 | 57 | 50 | 51 | 58 | 60 | 56 | 53 | 51 |
| Employee Cost % | 7 | 7 | 8 | 8 | 7 | 7 | 7 | 7 | 8 |
| Other Cost % | 25 | 24 | 27 | 23 | 20 | 19 | 21 | 24 | 23 |
| OPM % | 11 | 9 | 10 | 13 | 10 | 8 | 9 | 10 | 10 |
| Tax % | 35 | 38 | 27 | 26 | 25 | 23 | 25 | 19 | 22 |
| Profit Growth % | — | -9.24 | 24.90 | 16.69 | -13.03 | -6.85 | 24.84 | 18.06 | 13.55 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 130 | 120 | 126 | 150 | 132 | 127 | 154 | 166 | 193 |
Veedol Corporation segment analysis: revenue and profit mix.
Disclosed business segments at Veedol Corporation with their share of revenue and profit, switchable between consolidated and standalone reporting.
Veedol Corporation discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Veedol Corporation Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Veedol Corporation Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Veedol Corporation Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust profitability. ROE 19.80% and ROCE 23.70% indicate efficient capital utilization.
Strong financial stability. Extremely low debt-to-equity ratio of 0.02 minimizes financial risk.
High promoter confidence. Substantial 64.6% promoter holding aligns management interests with shareholders.
Impressive 33.80% quarterly profit growth showcases strong recent operational momentum.
Favorable P/E ratio 16.40, below sector 19.84, suggests undervaluation.
What can break it.
Declining DII holdings from 7.99% to 1.17% signals waning institutional confidence.
ROCE 23.70% is lower than peers, indicating efficiency gaps.
Negative 5-year EPS growth. EPS declined by 24.58% over the last five years.
Negative 5-year dividend growth. Dividend growth rate declined by 21.96% over five years.
Negative annual cash flow per share (-7.33) indicates potential liquidity concerns.
What would change my mind.
Trim if P/E re-rates above 15 (~1.7× the sector multiple of 8.8). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 2.03. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 15%. The operating engine is no longer compounding capital efficiently.
Veedol Corporation Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Veedol Corporation Limited is highlighted for quick read-across.
Quick Compare
Veedol Corporation Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Veedol Corporation Limited — derived from the live tape, not yesterday's close.
Veedol Corporation Limited last traded at ₹1,458.3 with an intraday range of ₹1,455–₹1,489.9 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1458.30| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1550.27 | +91.97 | +6.31% |
| R3 | 1515.37 | +57.07 | +3.91% |
| R2 | 1502.63 | +44.33 | +3.04% |
| R1 | 1480.47 | +22.17 | +1.52% |
| PIVOT | 1467.73 | 9.43 | 0.65% |
| CURRENT | 1458.30 | — | — |
| S1 | 1375.77 | -82.53 | -5.66% |
| S2 | 1410.67 | -47.63 | -3.27% |
| S3 | 1432.83 | -25.47 | -1.75% |
| S4 | 1445.57 | -12.73 | -0.87% |
VEEDOL is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 1474.1 ~ 1489.9
Trading Below opening range, showing Bearishness
Veedol Corporation Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Veedol Corporation Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Veedol Corporation Limited stood at 54.9% of traded volume, against a 20-day average of 53.7%.
Veedol Corporation announcements: results, concalls, ratings, M&A.
Filings Veedol Corporation sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Veedol Corporation files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 115 documents below.
Copy of Newspaper Publication
Veedol Corporation Limited has informed the Exchange about Copies of Newspaper Publications in respect of publication of the extract of the Audited…
Resignation of Director/KMP/SMP
Veedol Corporation Limited has informed the Exchange about Resignation of Director/KMP/SMP
Resignation
Veedol Corporation Limited has informed the Exchange regarding Resignation of Mr. ARIJIT BASU as Managing Director of the company w.e.f. November 03,…
Resignation
Veedol Corporation Limited has informed the Exchange regarding Resignation of Mr. Arijit Basu as Managing Director of the company w.e.f. November 03,…
General Updates
Veedol Corporation Limited has informed the Exchange about the resignation letter as received from Mr Sanjeev Wangoo, Executive Director, Group…
Investor decks & rating reports.
Veedol Corporation insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Veedol Corporation as reported to SEBI — buying and selling signals from the people who know the business best.
Veedol Corporation insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Andrew Yule & Company Limited | Insider | 11 Jun 2025 | sell | −3.38 L | ₹58.61 Cr | ₹1,736.13 |
Veedol Corporation dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Veedol Corporation has declared, sequenced by announce and record date.
Veedol Corporation corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Veedol Corporation Limited: business, sector, key facts.
What Veedol Corporation Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Veedol Corporation Limited operates in the Oil Gas & Consumable Fuels, listed as NSE: VEEDOL, BSE: 590005.
Veedol Corporation Limited, formerly known as Tide Water Oil Co. (India) Limited, is a major player in the Indian lubricants market. Established in 1921 and headquartered in Kolkata, the company manufactures and markets a wide range of lubricants under its flagship Veedol brand. Its extensive product portfolio caters to diverse sectors, including automotive, industrial, and even wind energy applications.
The company's automotive lubricant offerings are comprehensive, encompassing products for two-wheelers, passenger cars, commercial vehicles, tractors, off-highway equipment, and gear and transmission systems. Beyond engine oils, Veedol produces greases, EV fluids (for electric vehicles), and original equipment manufacturer (OEM) oils, highlighting its commitment to various vehicle types and needs.
Veedol's industrial lubricant segment is equally substantial, supplying hydraulic and circulation oils, spindle oils, turbine oils, heavy-duty hydraulic oils, compressor oils, refrigeration compressor oils, steam cylinder oils, industrial gear oils, slideway oils, mill roll oils, pneumatic tool oils, and transmission oils. Their expertise also extends to thermic fluids, automotive fluids, and a variety of greases, including lithium soap, complex, speciality, graphite, calcium soap, and high-temperature greases. They further offer cardium compounds, an industrial-specialty range, and coolants.
In addition to its core lubricant business, Veedol Corporation Limited also provides a line of vehicle care products. These include additives, appearance enhancers, cleaners and degreasers, and rust penetrants. This diversification allows the company to offer a comprehensive suite of solutions to its customers within the automotive sector.
The company boasts a robust distribution network encompassing distributors, retail outlets, and workshops, facilitating widespread market reach. Its geographical presence extends internationally, covering Europe, the Americas, the Middle East, Africa, the Asia Pacific, and South Asia, demonstrating a significant global footprint despite its Indian origins. The recent name change to Veedol Corporation Limited in September 2024 reflects a strategic shift emphasizing its core brand and products.
Questions investors ask about Veedol Corporation Limited (VEEDOL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Veedol Corporation Limited (VEEDOL)?
The current share price of Veedol Corporation Limited (VEEDOL) is ₹1,458.3. Today, the stock has declined by ₹20.70 (1.40%), trading in a range of ₹1,455 to ₹1,489.9. The stock opened at ₹1,479 with a trading volume of 11,651 shares.
02Is Veedol Corporation Limited stock a good investment for long-term?
Veedol Corporation Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,542.16 crores, P/E ratio of 11.26, ROE of 19.66%, and ROCE of 24.20%. The dividend yield stands at 3.96%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Veedol Corporation Limited stock?
The 52-week high price of Veedol Corporation Limited (VEEDOL) is ₹2,035, while the 52-week low is ₹1,238.2. Currently trading at ₹1,458.3, the stock is 27.6% away from its 52-week low and 28.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Veedol Corporation Limited stock at the current price?
Whether to buy Veedol Corporation Limited stock at ₹1,458.3 depends on multiple factors. The stock is currently trading with a P/E ratio of 11.26 and P/B ratio of 2.08. Today's performance shows a loss of 1.40%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Veedol Corporation Limited and when is the next dividend?
Veedol Corporation Limited offers a dividend yield of 3.96%, which means for every ₹100 invested at the current price of ₹1,458.3, you can expect to receive approximately ₹3.96 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Veedol Corporation Limited?
Veedol Corporation Limited's key financial metrics include: P/E Ratio: 11.26, P/B Ratio: 2.08, ROE: 19.66%, ROCE: 24.20%, Dividend Yield: 3.96%, EPS: ₹112.80, Book Value: ₹575.05, and Debt-to-Equity: 1.53. The company's market cap stands at ₹2,542.16 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Veedol Corporation Limited stock performing today in the market?
Veedol Corporation Limited stock opened at ₹1,479 and is currently trading at ₹1,458.3, showing a decline of ₹20.70 (1.40%). The intraday high is ₹1,489.9 and low is ₹1,455. The trading volume stands at 11,651 shares, indicating moderate market participation today.
08What is the P/E ratio of Veedol Corporation Limited and what does it indicate?
Veedol Corporation Limited has a Price-to-Earnings (P/E) ratio of 11.26, which means investors are willing to pay ₹11.26 for every ₹1 of earnings. With an EPS of ₹112.80, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Veedol Corporation Limited (VEEDOL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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