Veedol Corporation Limited
NSE: VEEDOLINE484C01030(was TIDEWATER)·Oil Gas & Consumable Fuels·www.veedolindia.com ↗·Mcap ₹2,375 Cr·Listed 2007
₹1,393.40▲ ₹29.10  (2.13%)
52W: ₹1,238 – ₹1,964 · Vol: 13.9K shares · Close 25 Sept
Set Alert

Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
₹ croreQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24Q1 FY24Q4 FY23Q3 FY23Q2 FY23Q1 FY23Q4 FY22Q3 FY22Q2 FY22Q1 FY22Q4 FY21Q3 FY21Q2 FY21Q1 FY21Q4 FY20Q3 FY20Q2 FY20Q1 FY20Q4 FY19Q4 FY18
Revenue from operations60960753850951453248247647948749647447447049744843944541239428536536432620330534632633900
Other income3.93.95.23.85.83.64.73.47.88.2454.84.33.73.23.96.45.24.23.96.64.95.55.45.96.14.55.100
Total expenses51955549546546347345244044344446043743943346842440340438036026232631228618728130429931000
EBITDA98.162.551.653.158.867.738.146.241.447.241.641.638.540.833.727.839.845.436.238.427.34356.244.820.127.74631.432.800
EBITDA margin16.1%10.3%9.6%10.4%11.4%12.7%7.9%9.7%8.6%9.7%8.4%8.8%8.1%8.7%6.8%6.2%9.1%10.2%8.8%9.7%9.6%11.8%15.4%13.7%9.9%9.1%13.3%9.6%9.7%––
Finance costs0.40.70.50.60.60.80.91.20.70.30.90.30.30.30.40.40.40.30.40.40.50.90.50.50.60.40.80.60.600
Depreciation89.68.78.27.88.26.98.35.13.83.93.83.83.84.23.83.84.13.83.83.83.73.63.43.43.33.33.12.800
Profit before tax93.656.247.648.156.262.328.440.143.451.440.942.439.24132.826.839.447.337.238.327455746.421.529.948.132.134.500
Tax23.96.41214.314.19−0.411.512.812.5119.910.88.397.47.911.410.210.65.112.213.712.35.99.411.36.811.800
Net profit77.957.543.640.949.759.737.334.637.142.933.635.231.234.42620.433.737.830.23222.936.747.739.617.423.243.12926.800
Net margin12.8%9.5%8.1%8.0%9.7%11.2%7.7%7.3%7.7%8.8%6.8%7.4%6.6%7.3%5.2%4.6%7.7%8.5%7.3%8.1%8.0%10.1%13.1%12.1%8.6%7.6%12.4%8.9%7.9%––
EPS (₹)45.8533.8125.6324.0929.2335.1221.9720.3621.8425.2519.7520.7318.3520.2415.2712.0219.8422.2417.7918.8313.47107.85140.31116.4251.2268.26123.4885.2978.880.000.00
Net profit YoY+56.9%−3.8%+16.6%+18.3%+33.8%+39.1%+11.3%−1.8%+19.0%+24.8%+29.3%+72.4%−7.5%−9.0%−14.2%−36.2%+47.3%+3.1%−36.6%−19.1%+31.5%+58.0%+10.8%+36.5%−35.1%––––––

Annual results

financial years ending March · from the fourth-quarter filings
₹ croreFY26FY25FY24FY23FY22FY21FY20FY19FY18
Revenue from operations2,1691,9701,9311,8541,5361,2581,3171,3791,312
Other income17.718.4221519.722.421.621.123.1
Total expenses1,9781,8081,7791,7291,4061,1111,1931,2621,185
EBITDA227194169142147164138131139
EBITDA margin10.5%9.9%8.7%7.7%9.6%13.0%10.5%9.5%10.6%
Finance costs2.43.61.81.51.62.42.42.52.6
Depreciation34.228.515.215.615.514.112.510.59.3
Profit before tax208174174140150170145139150
Tax46.832.944.232.637.244.139.352.452.5
Net profit19216914311412314112297107
Net margin8.8%8.6%7.4%6.2%8.0%11.2%9.3%7.0%8.1%
EPS (₹)112.7599.2984.1067.3772.32415.80356.34285.00314.00
Net profit YoY+13.6%+18.1%+24.8%−6.9%−13.0%+15.8%+25.9%−9.2%–
EPS is as filed for each period and is not restated for later bonus issues or splits.

Cash flow

annual · ₹ crore
₹ croreFY26FY25FY24FY23FY22
Operating cash flow19429.715610393.4
Investing cash flow47.272.1−91.85.737.3
Financing cash flow−122−98.9−85.2−81.5−142
Capital expenditure34.642.247.215.58.6
Free cash flow (CFO − capex)159−12.51088884.8

Net profit trend

annual, ₹ crore
FY21
₹141
FY22
₹123−13%
FY23
₹114−7%
FY24
₹143+25%
FY25
₹169+18%
FY26
₹192+14%

Result filings

as filed with NSE · PDF and XBRL
PeriodBasisFiledDocuments
Q1 FY27Consolidated10 Aug 2026PDF on NSE XBRL
Q1 FY27Standalone10 Aug 2026PDF on NSE XBRL
Q4 FY26Consolidated20 May 2026PDF on NSE XBRL
Q4 FY26Standalone20 May 2026PDF on NSE XBRL
Q3 FY26Consolidated–PDF on NSE XBRL
Q3 FY26Consolidated2 Feb 2026 PDF XBRL
Q3 FY26Standalone2 Feb 2026 PDF XBRL
Q2 FY26Consolidated10 Nov 2025 PDF XBRL
Q2 FY26Standalone10 Nov 2025 PDF XBRL
Q1 FY26Consolidated13 Aug 2025PDF on NSE XBRL

Annual reports

NSE archive
Key ratios
P/E (TTM)5Y avg 13.4×10.8×
P/B5Y avg 2.72×2.29×
ROEFY26, on average equity19.7%
Net margin8.8%
Debt / equity0.00×
Revenue CAGR (3Y)5.4%
Profit CAGR (3Y)18.7%
EPS (TTM)₹129.34
Market cap₹2,369 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.29×
vs 8-point avg 2.72× (−16%)
1.85× low2.72× avg4.44× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,406 Cr+12%
Net worth₹1,036 Cr+13%
Total borrowings₹0 Cr
Cash & bank balances₹168 Cr+290%
Investments₹0 Cr
Inventories₹325 Cr−3%
Trade receivables₹345 Cr+19%
Trade payables₹206 Cr+25%
Change vs the same date a year earlier.
Shareholding 30 Jun 2026
%Jun 26Mar 26Dec 25Sept 25Jun 25Mar 25Dec 24Sept 24Jun 24Mar 24Dec 23Sept 23
Promoter64.5864.5864.5864.5862.3564.2964.2964.2964.1562.2762.2757.28
FII1.021.061.171.371.141.261.461.711.971.511.380.96
DII1.161.171.171.171.171.171.281.241.231.231.272.12
Retail26.8326.7726.7526.5728.3026.8726.8726.6826.5228.8128.6429.24
Other public3.943.953.863.844.583.953.643.623.673.723.987.94
54,979 shareholders · NSE shareholding pattern filings.