New Risk • May 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (₹8.71b market cap, or US$91.8m). Announcement • May 29
Vadilal Enterprises Limited Recommends Dividend Vadilal Enterprises Limited's Board of Directors at its meeting held on 29 May 2026, recommended a dividend of INR 1.50 per equity share of INR 10/- each fully paid-up of the Company (previous financial year INR 1.50 per equity share of INR 10/- each) in accordance with the Company's bylaws and dividend distribution policy, and this is subject to approval by the members at the upcoming Annual General Meeting. Announcement • May 22
Vadilal Enterprises Limited to Report Q4, 2026 Results on May 29, 2026 Vadilal Enterprises Limited announced that they will report Q4, 2026 results on May 29, 2026 Reported Earnings • Feb 11
Third quarter 2026 earnings released: ₹187 loss per share (vs ₹212 loss in 3Q 2025) Third quarter 2026 results: ₹187 loss per share (improved from ₹212 loss in 3Q 2025). Revenue: ₹1.45b (up 6.3% from 3Q 2025). Net loss: ₹161.2m (loss narrowed 12% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Announcement • Feb 04
Vadilal Enterprises Limited to Report Q3, 2026 Results on Feb 10, 2026 Vadilal Enterprises Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 10, 2026 New Risk • Nov 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.80b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₹8.80b market cap, or US$99.2m). Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹124 (vs ₹44.40 in 2Q 2025) Second quarter 2026 results: EPS: ₹124 (up from ₹44.40 in 2Q 2025). Revenue: ₹2.66b (up 8.0% from 2Q 2025). Net income: ₹106.9m (up 179% from 2Q 2025). Profit margin: 4.0% (up from 1.6% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 77% per year, which means it is well ahead of earnings. Announcement • Nov 05
Vadilal Enterprises Limited to Report Q2, 2026 Results on Nov 11, 2025 Vadilal Enterprises Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 11, 2025 New Risk • Oct 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.80b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risk Market cap is less than US$100m (₹8.80b market cap, or US$99.1m). Announcement • Sep 23
Vadilal Enterprises Limited Approves Directorate Appointment Vadilal Enterprises Limited in its AGM held on September 23, 2025 approved the appointment of a director in place of Mr. Devanshubhai Laxmanbhai Gandhi (DIN: 00010146) and to appoint Mr. Kalpit R. Gandhi (DIN: 02843308) as an Executive Director for the period of 5 years. Upcoming Dividend • Sep 09
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 16 September 2025. Payment date: 23 October 2025. Payout ratio is a comfortable 2.4% but the company is not cash flow positive. The company last paid an ordinary dividend in June 2015. The average dividend yield among industry peers is 3.4%. Board Change • Sep 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Director Rajesh Pandya was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 16
Dividend of ₹1.50 announced Dividend of ₹1.50 is the same as last year. Ex-date: 16th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.01%, which is lower than the industry average of 1.8%. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹233 (vs ₹336 in 1Q 2025) First quarter 2026 results: EPS: ₹233 (down from ₹336 in 1Q 2025). Revenue: ₹5.17b (flat on 1Q 2025). Net income: ₹201.0m (down 31% from 1Q 2025). Profit margin: 3.9% (down from 5.6% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 77% per year, which means it is well ahead of earnings. New Risk • Aug 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.72b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₹8.72b market cap, or US$99.5m). Announcement • Aug 06
Vadilal Enterprises Limited to Report Q1, 2026 Results on Aug 13, 2025 Vadilal Enterprises Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹66.43 (vs ₹83.44 in FY 2024) Full year 2025 results: EPS: ₹66.43 (down from ₹83.44 in FY 2024). Revenue: ₹11.3b (up 13% from FY 2024). Net income: ₹57.3m (down 24% from FY 2024). Profit margin: 0.5% (down from 0.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 20
Vadilal Enterprises Limited to Report Q4, 2025 Results on May 26, 2025 Vadilal Enterprises Limited announced that they will report Q4, 2025 results on May 26, 2025 Buy Or Sell Opportunity • Mar 17
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to ₹9,491. The fair value is estimated to be ₹7,718, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 36%. Announcement • Mar 13
Vadilal Enterprises Limited Appoints Nikita Udhani as Company Secretary and Compliance Officer Vadilal Enterprises Limited announced the Board of Directors of the Company has, at its meeting held on March 13, 2025, inter alia, approved the appointment of Ms. Nikita Udhani (ICSI Membership No. A42441) as a Company Secretary and Compliance Officer (Key Managerial Personnel)of the Company with effect from 13th March, 2025. Ms. Nikita Udhani has been working with Vadilal group since 2014, handling various assignments relating to Corporate Law and governance function for listed and unlisted companies. Ms. Nikita Udhani has diverse corporate secretarial experience involving compliances relating to the Companies Act and SEBI Regulations. Ms. Nikita Udhani worked in Vadilal Industries Limited during her career of around 11 years in the corporate governance and compliance functions. As part of the Group Secretarial team at Vadilal Industries Limited. New Risk • Feb 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 0.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₹6.93b market cap, or US$79.6m). Reported Earnings • Feb 01
Third quarter 2025 earnings released: ₹212 loss per share (vs ₹34.67 loss in 3Q 2024) Third quarter 2025 results: ₹212 loss per share (further deteriorated from ₹34.67 loss in 3Q 2024). Revenue: ₹1.37b (down 14% from 3Q 2024). Net loss: ₹183.1m (loss widened 463% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 22
Vadilal Enterprises Limited to Report Q3, 2025 Results on Jan 31, 2025 Vadilal Enterprises Limited announced that they will report Q3, 2025 results on Jan 31, 2025 Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹5,346, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 35x in the Consumer Retailing industry in India. Total returns to shareholders of 234% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹44.40 (vs ₹40.80 in 2Q 2024) Second quarter 2025 results: EPS: ₹44.40 (up from ₹40.80 in 2Q 2024). Revenue: ₹2.48b (up 1.6% from 2Q 2024). Net income: ₹38.3m (up 8.8% from 2Q 2024). Profit margin: 1.5% (up from 1.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Vadilal Enterprises Limited to Report Q2, 2025 Results on Nov 14, 2024 Vadilal Enterprises Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹4,269, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 39x in the Consumer Retailing industry in India. Total returns to shareholders of 151% over the past three years. Declared Dividend • Sep 04
Dividend of ₹1.50 announced Dividend of ₹1.50 is the same as last year. Ex-date: 19th September 2024 Payment date: 26th October 2024 Dividend yield will be 0.03%, which is lower than the industry average of 1.8%. New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (105% net debt to equity). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹4.14b market cap, or US$49.3m). Announcement • Aug 07
Vadilal Enterprises Limited, Annual General Meeting, Sep 26, 2024 Vadilal Enterprises Limited, Annual General Meeting, Sep 26, 2024. Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: ₹336 (vs ₹122 in 1Q 2024) First quarter 2025 results: EPS: ₹336 (up from ₹122 in 1Q 2024). Revenue: ₹5.15b (up 18% from 1Q 2024). Net income: ₹289.7m (up 176% from 1Q 2024). Profit margin: 5.6% (up from 2.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹4,131, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 45x in the Consumer Retailing industry in India. Total returns to shareholders of 130% over the past three years. Announcement • Jul 26
Vadilal Enterprises Limited to Report Q1, 2025 Results on Aug 06, 2024 Vadilal Enterprises Limited announced that they will report Q1, 2025 results on Aug 06, 2024 Announcement • May 28
Vadilal Enterprises Limited Board Recommends Dividend Vadilal Enterprises Limited's board recommended a dividend at the rate of 15% (INR 1.50 Paisa) on each fully paid-up share of INR 10 at its meeting held on May 25, 2024. Reported Earnings • May 26
Full year 2024 earnings released: EPS: ₹87.06 (vs ₹71.24 in FY 2023) Full year 2024 results: EPS: ₹87.06 (up from ₹71.24 in FY 2023). Revenue: ₹10.1b (up 8.7% from FY 2023). Net income: ₹75.1m (up 22% from FY 2023). Profit margin: 0.7% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year. Announcement • May 19
Vadilal Enterprises Limited to Report Fiscal Year 2024 Results on May 25, 2024 Vadilal Enterprises Limited announced that they will report fiscal year 2024 results on May 25, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹3,731, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 31x in the Consumer Retailing industry in India. Total returns to shareholders of 106% over the past three years. Announcement • Jan 31
Vadilal Enterprises Limited to Report Q3, 2024 Results on Feb 07, 2024 Vadilal Enterprises Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Upcoming Dividend • Sep 07
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 21 October 2023. Payout ratio is a comfortable 2.1% and this is well supported by cash flows. The company last paid an ordinary dividend in June 2013. The average dividend yield among industry peers is 2.0%. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent & Non-Executive Director Chetankumar Tamboli was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Aug 28
Vadilal Enterprises Limited Proposes Dividend for the Financial Year Ended on March 31, 2023 Vadilal Enterprises Limited announced that at the Annual General Meeting to be held on 21 September, 2023, proposed to declare dividend on Equity Shares at the rate of INR 1.50 per equity share of INR 10 each fully paid-up of the Company for the financial year ended March 31, 2023 and the same be paid as recommended by the Board of Directors of the Company, out of the profits of the Company for the financial year ended March 31, 2023. Announcement • Aug 27
Vadilal Enterprises Limited, Annual General Meeting, Sep 21, 2023 Vadilal Enterprises Limited, Annual General Meeting, Sep 21, 2023, at 15:00 Indian Standard Time. New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (₹3.37b market cap, or US$40.7m). Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹122 (vs ₹181 in 1Q 2023) First quarter 2024 results: EPS: ₹122 (down from ₹181 in 1Q 2023). Revenue: ₹4.36b (up 4.8% from 1Q 2023). Net income: ₹104.9m (down 33% from 1Q 2023). Profit margin: 2.4% (down from 3.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
Vadilal Enterprises Limited to Report Q1, 2024 Results on Aug 09, 2023 Vadilal Enterprises Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • Jul 11
Bain Capital Reportedly in Talks to Buy Vadilal Bain Capital, LP is talks to acquire Vadilal Industries, sources with knowledge of the matter told CNBC-TV18. The sources further said that Bain Capital is eyeing control of Vadilal Industries Limited (BSE:519156) and Vadilal Enterprises Limited (BSE:519152), along with the brand. The private equity firm is interested in merging Vadilal's entities into one company, the sources said, adding that the talks are valuing the company at over INR 30,000 million. Promoters of Vadilal have explored sale talks earlier as well. Arpwood Capital Private Limited had earlier offered to buy stake in Vadilal, sources confirm, but promoter dispute delayed sale the potential sale earlier. Vadilal Group, Bain Capital, Arpwood did not offer a comment on the deal development. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹71.27 (vs ₹25.46 in FY 2022) Full year 2023 results: EPS: ₹71.27 (up from ₹25.46 in FY 2022). Revenue: ₹9.42b (up 72% from FY 2022). Net income: ₹61.5m (up 180% from FY 2022). Profit margin: 0.7% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Announcement • May 23
Vadilal Enterprises Limited to Report Q4, 2023 Results on May 29, 2023 Vadilal Enterprises Limited announced that they will report Q4, 2023 results on May 29, 2023 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹3,714, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 30x in the Consumer Retailing industry in India. Total returns to shareholders of 184% over the past three years. Reported Earnings • Feb 08
Third quarter 2023 earnings released: EPS: ₹18.37 (vs ₹51.99 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹18.37 (up from ₹51.99 loss in 3Q 2022). Revenue: ₹1.19b (up 35% from 3Q 2022). Net income: ₹15.8m (up ₹60.7m from 3Q 2022). Profit margin: 1.3% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Jan 31
Vadilal Enterprises Limited to Report Q3, 2023 Results on Feb 07, 2023 Vadilal Enterprises Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹2,384, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 38x in the Consumer Retailing industry in India. Total returns to shareholders of 101% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹31.65 loss per share (vs ₹132 profit in 2Q 2022) Second quarter 2023 results: ₹31.65 loss per share (down from ₹132 profit in 2Q 2022). Revenue: ₹2.15b (up 36% from 2Q 2022). Net loss: ₹27.3m (down 124% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹31.65 loss per share (vs ₹132 profit in 2Q 2022) Second quarter 2023 results: ₹31.65 loss per share (down from ₹132 profit in 2Q 2022). Revenue: ₹2.15b (up 36% from 2Q 2022). Net loss: ₹27.3m (down 124% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Nov 05
Vadilal Enterprises Limited to Report Q2, 2023 Results on Nov 11, 2022 Vadilal Enterprises Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 11, 2022 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹2,650, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 32x in the Consumer Retailing industry in India. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹2,894, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 32x in the Consumer Retailing industry in India. Total returns to shareholders of 145% over the past three years. Upcoming Dividend • Sep 14
Upcoming dividend of ₹1.25 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 29 October 2022. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.8%. Announcement • Sep 07
Vadilal Enterprises Limited, Annual General Meeting, Sep 29, 2022 Vadilal Enterprises Limited, Annual General Meeting, Sep 29, 2022, at 17:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statement of the Company including statement of Profit & Loss for the year ended March 31, 2022, the Balance Sheet as at that date and the Reports of the Directors and Auditors thereon; to declare dividend on Equity Shares for the financial year ended on March 31, 2022; to appoint a Director in place of Mr. Rajesh R Gandhi who retires by rotation at this Annual General Meeting; and to consider other matter. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 24% share price gain to ₹2,109, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 27x in the Consumer Retailing industry in India. Total returns to shareholders of 101% over the past three years. Announcement • Aug 27
Vadilal Enterprises Limited Appoints Ashish Thaker as Company Secretary and Compliance Officer Vadilal Enterprises Limited approved the appointment of Mr. Ashish Thaker as Company Secretary and Compliance Officer of the Company. Date of Appointment is 26 August, 2022. Mr. Ashish Thaker is an Associate Member of the Institute of Company Secretary of India since 2016. He has completed his graduation in Law and Commerce. He brings in 5+ years of experience in Corporate predominantly in Company Secretarial, Compliance functions and allied legal matters, across Non-Banking Financial Institutions and Manufacturing Industries. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹181 (vs ₹4.68 loss in 1Q 2022) First quarter 2023 results: EPS: ₹181 (up from ₹4.68 loss in 1Q 2022). Revenue: ₹4.16b (up 199% from 1Q 2022). Net income: ₹156.1m (up ₹160.2m from 1Q 2022). Profit margin: 3.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • May 31
Vadilal Enterprises Limited Recommends Final Dividend for the Financial Year 2021-22 Vadilal Enterprises Limited announced that at the board meeting held on May 28, 2022, the company recommended final dividend @ INR 1.25 per share (i.e. 12.50%) on face value of INR 10/- per share on 862,668 equity shares of the company for the financial year- 2021-22. Announcement • May 22
Vadilal Enterprises Limited to Report Q4, 2022 Results on May 28, 2022 Vadilal Enterprises Limited announced that they will report Q4, 2022 results on May 28, 2022 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 17% share price gain to ₹1,875, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 19x in the Consumer Retailing industry in India. Total returns to shareholders of 91% over the past three years. Reported Earnings • Feb 05
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹51.99 loss per share (up from ₹61.80 loss in 3Q 2021). Revenue: ₹887.6m (up 62% from 3Q 2021). Net loss: ₹44.9m (loss narrowed 16% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹132 (vs ₹82.47 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹1.59b (up 76% from 2Q 2021). Net income: ₹113.9m (up 60% from 2Q 2021). Profit margin: 7.2% (down from 7.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • Aug 19
First quarter 2022 earnings released: ₹4.68 loss per share (vs ₹11.42 profit in 1Q 2021) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: ₹1.40b (up 99% from 1Q 2021). Net loss: ₹4.04m (down 141% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Executive Departure • Jul 13
Compliance Officer & Company Secretary Darshan Shah has left the company On the 7th of July, Darshan Shah's tenure as Compliance Officer & Company Secretary ended after 5.3 years in the role. We don't have any record of a personal shareholding under Darshan's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹9.90 (vs ₹9.59 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹3.44b (down 42% from FY 2020). Net income: ₹8.54m (up ₹16.8m from FY 2020). Profit margin: 0.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 16
New 90-day high: ₹1,889 The company is up 6.0% from a price of ₹1,790 on 16 December 2020. Underperformed the Indian market, which is up 13% over the last 90 days. Lagged the Consumer Retailing industry, which is up 17% over the same period. Announcement • Feb 03
Vadilal Enterprises Limited to Report Q3, 2021 Results on Feb 11, 2021 Vadilal Enterprises Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Is New 90 Day High Low • Dec 10
New 90-day high: ₹1,709 The company is up 11% from its price of ₹1,540 on 11 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 17% over the same period. Announcement • Nov 21
Vadilal Enterprises Limited Appoints Ranaveersinh Raol as Chief Executive Officer The Board of Directors of the Vadilal Enterprises Limited have appointed Mr. Ranaveersinh Raol as Chief Executive Officer of the Company. Mr. Ranaveersinh Raol has been associated with the company since 2007 having experience of handing Sales support activities and Channel development activities. He handles the portfolio of Sales Support which includes (Preparing and allocation of targets (distributor & field staff) also monitoring their achievements, Field staff incentive scheme planning, Monitoring and Controlling pan India distributor outstanding, Play an active part in selection /opening /smooth operation /solving the day to day problems and Closure of CNF - PAN INDIA) under Channel development he initiates and helps field staff to explore untouched areas for sales development, Prepares report for probable appointment of CNF /SUPER STOCKIST /DISTRIBUTOR in new territories - PAN INDIA. Prior to this he was working in a CA FIRM and has experience of 4 years where he was working as an auditor and tax consultant on client side. Announcement • Oct 31
Vadilal Enterprises Limited Announces Resignation of Jinand Patel as Chief Executive Officers (Key Managerial Personnel) Vadilal Enterprises Limited announced that the Mr. Jinand Patel, Chief Executive Officers (Key Managerial Personnel) of the company has tendered his resignation on 29 October, 2020. Announcement • Oct 03
Vadilal Enterprises Limited Announces Cessation of Preet Shah as Director Vadilal Enterprises Limited announced that Mr. Preet Shah, Independent Director of the company whose term as Independent Director ended on 30th September, 2020, was proposed to be re-appointed as Independent Director for 2nd term of 5 years; but Special Resolution for his re-appointment could not be passed at annual general meeting held on September 30, 2020. Accordingly, Mr. Preet Shah ceases to be the Director of the company with effect from 1st October, 2020. Announcement • Jun 19
Vadilal Enterprises Limited to Report Q4, 2020 Results on Jun 26, 2020 Vadilal Enterprises Limited announced that they will report Q4, 2020 results on Jun 26, 2020 