Veedol Corporation Limited
NSE: VEEDOLMarket Closed • NSE
Day range
52 week range
Veedol Corporation Limited closed at INR1362.20 (+0.06%) on volume 1.03x its 20-day average, trading 26.68% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved +36.8% QoQ
2026-07-17
DIVIDEND Announced
Dividend - Rs 22 Per Share
2026-02-06
DIVIDEND Announced
Interim Dividend - Rs 14 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Strong Capital Efficiency: ROCE stands at 24.1%
Attractive Valuation: P/E of 10.5x trades below sector historical averages
Risks
Elevated Leverage Burden: Debt-to-Equity stands at 1.53x
Bull case
Market Leadership: Established operational scale in Specialty Chemicals.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 17 Jul 2026 | Dividend | ₹22.00 / share | — | 17 Jul 2026 |
| 06 Feb 2026 | Dividend | ₹14.00 / share | — | 06 Feb 2026 |
| 14 Nov 2025 | Dividend | ₹22.00 / share | — | 14 Nov 2025 |
| 07 Jul 2025 | Dividend | ₹22.00 / share | — | 07 Jul 2025 |
| 13 Feb 2025 | Dividend | ₹12.00 / share | — | 13 Feb 2025 |
| 22 Nov 2024 | Dividend | ₹20.00 / share | — | 22 Nov 2024 |
| — | Dividend | ₹20.00 / share | — | 04 Jul 2024 |
| 22 Feb 2024 | Dividend | ₹12.00 / share | — | 22 Feb 2024 |
| 21 Nov 2023 | Dividend | ₹20.00 / share | — | 21 Nov 2023 |
| — | Dividend | ₹15.00 / share | — | 04 Jul 2023 |
| 22 Feb 2023 | Dividend | ₹10.00 / share | — | 22 Feb 2023 |
| 22 Nov 2022 | Dividend | ₹12.00 / share | — | 21 Nov 2022 |
| 23 Aug 2022 | Dividend | ₹5.00 / share | — | 22 Aug 2022 |
| — | Dividend | ₹15.00 / share | — | 01 Jul 2022 |
| 22 Feb 2022 | Dividend | ₹20.00 / share | — | 21 Feb 2022 |
| 23 Nov 2021 | Dividend | ₹20.00 / share | — | 22 Nov 2021 |
| 27 Jul 2021 | Dividend | ₹5.00 / share | — | 26 Jul 2021 |
| 27 Jul 2021 | Bonus issue | 1:1 bonus ratio | — | 26 Jul 2021 |
| — | Dividend | ₹200.00 / share | — | 19 Jul 2021 |
| 24 Nov 2020 | Dividend | ₹100.00 / share | — | 23 Nov 2020 |
| — | Dividend | ₹140.00 / share | — | 20 Aug 2020 |
| 25 Feb 2020 | Dividend | ₹60.00 / share | — | 24 Feb 2020 |
| 22 Nov 2019 | Dividend | ₹50.00 / share | — | 21 Nov 2019 |
| — | Dividend | ₹75.00 / share | — | 22 Aug 2019 |
| 25 Mar 2019 | Dividend | ₹85.00 / share | — | 22 Mar 2019 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.21L | 37.59 | 2.21% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
JSW Steel LimitedJSWSTEEL Open analysis | ₹2.97L | 12.05 | 0.59% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.28L | 13.37 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 46.94 | 1.17% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
Tata Steel LimitedTATASTEEL Open analysis | ₹2.19L | 19.83 | 2.27% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
Hindalco Industries LimitedHINDALCO Open analysis | ₹2.02L | 12.32 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
Grasim Industries LimitedGRASIM Open analysis | ₹1.98L | 34.82 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.93 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
Veedol Corporation Ltd, formerly Tide Water Oil Co. (India) Ltd, manufactures and markets automotive, OEM and industrial lubricants, greases, transmission fluids, coolants, EV fluids and vehicle-care products under the Veedol and ENEOS brands. It operates five Indian plants, has subsidiaries in the UK and UAE and sells across 70+ countries.[1] [2]
IndiaBasic Materials
Is Veedol Corporation Limited Shariah compliant?
Veedol Corporation Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.69%) complies with AAOIFI threshold (≤ 33%).
What is Veedol Corporation Limited's current valuation relative to peers?
Veedol Corporation Limited trades at a P/E of 10.5x compared to the sector median of 21.9x, and a Price-to-Book of 2.2x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 1.53x. Interest coverage is 80.7x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 2.4% while net profit growth averaged 6%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.

