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Veedol Corporation Ltd share price logo

Veedol Corporation Ltd

(VEEDOL)

₹1705.32.87%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Veedol Corporation Ltd Performance

  • Day's Low

    Day's High

    ₹1,700
    ₹1,799.9
  • 52 Week's Low

    52 Week's High

    ₹1,243.55
    ₹2,800
1 Month Return-12.27 %
3 Month Return-30.59 %
1 Year Return+ 38.31 %
Previous Close₹1,755.75
Open₹1,790.00
Volume22.05K
Upper Circuit-
Lower Circuit-
Market Cap₹3,059.22Cr

Veedol Corporation Ltd Key Statistics

P/E Ratio20.13
PEG Ratio1.6
Market Cap₹3,059.22 Cr
P/B Ratio3.33
EPS84.08
Dividend Yield0
SectorChemicals
ROE15.85

Veedol Corporation Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹3,059.22 Cr17%0.53₹142 Cr₹1,931 Cr
BUY₹6,513.59 Cr28.43%0.64₹357 Cr₹2,538 Cr
NA₹9.79 Cr29.33%0.91NANA
NA₹383.34 Cr21.06%0.50NANA
NA₹70.59 Cr12.92%0.83₹1 Cr₹132 Cr

About Veedol Corporation Ltd

Tide Water Oil Co. I Ltd., a part of Andrew Yule Group, manufactures and sells engine lubricants for automotive and industrial applications in India. The five plants are located at Howrah, Royapuram, Turbhe, Silvassa and Faridabad and manufacture a variety of automotive and industrial oils, coolants and brake fluids. They market the Veedol and ENEOS range of lubes and are renowned for their quality and variety. They entered into a technical collaboration agreement with Nippon Oil Corporation (formerly Mitsubishi Oil Co Ltd) and Cofran Promotion Switzerland in 1987 and 1994 respectively. The company also entered into technology transfer tie-up with Nippon Mitsubishi Oil Company Japan in 1994. During 199697, they expanded their installed capacity to 84,198,145 ltrs and completed the modernisation programme in their Howrah plant. In May 2004, they launched the ENEOS range of products which became popular in select markets. During 200910, they acquired two windmills of 3 MW capacity and in 2011, became a subsidiary of Veedol International Ltd. Subsequently in 201415 they established two wholly-owned subsidiaries to cater to the Middle East and Europe. In 201718 they purchased 100 shares of Veedol UK Ltd. to relaunch the brand in the UK. Thus, Tide Water Oil Co. I Ltd. has established itself as a renowned manufacturer and seller of automobile and industrial lubricants by setting up 5 plants in various states and expanding its business to UK, Middle East and Europe markets.

Share Price: ₹1705.30 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹3,059.22Cr as of today
Revenue: ₹476.22Cr as on September 2024 (Q3 24)
Net Profit: ₹34.60Cr as on September 2024 (Q3 24)
Listing date: 16 Jan, 2007
Chairperson Name: Sanjoy Bhattacharya
OrganisationVeedol Corporation Ltd
Headquarters
IndustryChemicals
E-voting on sharesClick here to vote

Key events for Veedol Corporation Ltd

  • Veedol Corporation Declares Dividend and Maintains Strong Performance - 20 Nov, 2024

    Veedol Corporation, a multibagger smallcap lubricant stock, will turn ex-dividend on November 21, 2024, with an interim dividend of Rs 20 per share. The company has shown robust performance, with a total dividend payout of Rs 52 per share this year. Despite a slight decline of 0.5% on November 20, analysts remain optimistic about its strong fundamentals and potential for further appreciation.

  • Veedol Corporation Declares 1000% Interim Dividend - 16 Nov, 2024

    Veedol Corporation Limited has declared its first interim dividend of 1000% for FY 2024-25, with a record date of November 22, 2024. The company reported Q2 revenue of Rs 364.48 crore and net profit of Rs 19.50 crore. Rashmi Joshi resigned as Group CFO effective January 31, 2025.

Insights on Veedol Corporation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 30.18% to 30.30% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 64.15% to 64.29% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.06% to 0.07% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Hindustan Petroleum Corporation Ltd has given 78.1% return, outperforming this stock by 39.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Hindustan Petroleum Corporation Ltd has given 71.4% return, outperforming this stock by 62.5%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 504.17 Cr → 485.63 Cr (in ₹), with an average decrease of 1.2% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 42.92 Cr → 34.6 Cr (in ₹), with an average decrease of 10.2% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 1.97% to 1.71% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, VEEDOL stock has moved down by -30.6%

Veedol Corporation Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹474.18Cr (-)₹496.45Cr (↑4.70%)₹486.82Cr (↓1.94%)₹478.87Cr (↓1.63%)₹476.22Cr (↓0.55%)
Net Income₹35.22Cr (-)₹33.58Cr (↓4.66%)₹42.92Cr (↑27.81%)₹37.11Cr (↓13.54%)₹34.60Cr (↓6.76%)
Net Profit Margin7.43% (-)6.76% (↓9.02%)8.82% (↑30.47%)7.75% (↓12.13%)7.27% (↓6.19%)
Value in ₹ crore
Details2021202220232024
Total Assets₹940.87Cr (-)₹908.35Cr (↓3.46%)₹945.81Cr (↑4.12%)₹969.02Cr (↑2.45%)
Total Liabilities₹236.76Cr (-)₹236.55Cr (↓0.09%)₹261.56Cr (↑10.57%)₹256.48Cr (↓1.94%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹120.56Cr (-)₹48.20Cr (↓60.02%)₹79.91Cr (↑65.79%)₹54.23Cr (↓32.14%)₹94.16Cr (↑73.63%)
0

Veedol Corporation Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.29%
0.21
Foreign Institutions
1.71%
-13.56
Mutual Funds
0.07%
16.78
Retail Investors
30.3%
0.40
Others
3.63%
0.00

Veedol Corporation Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)71.883.1472.367.484.08
Details20202021202220232024
Return On Equity %16.0217.0615.4912.5215.85
Details20202021202220232024
Return On Assets %13.915.0213.5312.1114.75
Details20202021202220232024
Book Value Per Share (₹)400.36433.27423.43449.65486.76

Veedol Corporation Ltd Valuation

Veedol Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.59x)

March 23, 2020

Today (20.13x)

November 19, 2024

Industry (56.93x)

November 19, 2024

Highest (60.20x)

July 12, 2021

LowHigh

Veedol Corporation Ltd Earnings and Dividends

  • Veedol Corporation Ltd Earnings Results

    Veedol Corporation Ltd’s net profit fell -1.76% since last year same period to ₹34.60Cr in the Q2 2024-2025. On a quarterly growth basis, Veedol Corporation Ltd has generated -6.76% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Veedol Corporation Ltd Dividends May,2024

    In the quarter ending March 2024, Veedol Corporation Ltd has declared dividend of ₹20 - translating a dividend yield of 3.93%.

    Read More about Dividends

Veedol Corporation Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Veedol Corporation Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Veedol Corporation Ltd (VEEDOL) share price today is ₹1705.3

Veedol Corporation Ltd is listed on NSE

Veedol Corporation Ltd is listed on BSE

  • Today’s highest price of Veedol Corporation Ltd is ₹1799.9.
  • Today’s lowest price of Veedol Corporation Ltd is ₹1700.

PE Ratio of Veedol Corporation Ltd is 20.13

PE ratio = Veedol Corporation Ltd Market price per share / Veedol Corporation Ltd Earnings per share

Today’s traded volume of Veedol Corporation Ltd(VEEDOL) is 22.05K.

Today’s market capitalisation of Veedol Corporation Ltd(VEEDOL) is ₹3059.22Cr.

Veedol Corporation Ltd(VEEDOLPrice
52 Week High
₹2800
52 Week Low
₹1243.55

Veedol Corporation Ltd(VEEDOL) share price is ₹1705.3. It is down -39.10% from its 52 Week High price of ₹2800

Veedol Corporation Ltd(VEEDOL) share price is ₹1705.3. It is up 37.13% from its 52 Week Low price of ₹1243.55

Veedol Corporation Ltd(VEEDOLReturns
1 Day Returns
-50.45%
1 Month Returns
-12.27%
3 Month Returns
-30.59%
1 Year Returns
38.31%