Vadilal Industries Ltd

Vadilal Industries Limited informed the National Stock Exchange of India Ltd. and BSE Limited that it has received a certificate from MCS Share Transfer Agent Limited, certifying that securities received for dematerialization were mutilated and canceled after due verification for the quarter ended September 30, 2026.

Vadilal Industries Limited is seeking shareholder approval to renew a distribution agreement with its related party, Vadilal Enterprises Limited (VEL), to ensure the continuity of its business operations. The renewed agreement, valued at approximately Rs 1,426 crore (about $172 million USD), will span 12 months and follows the expiration of the current agreement in September 2026. VEL, in which Vadilal Industries holds 150 shares, is considered a related party due to shared directors and ownership, necessitating shareholder approval under regulations governing related-party transactions. VEL reported a turnover of Rs 1,217 crore and a profit after tax of Rs 10.45 crore in fiscal year 2026, and sales to VEL already totaled approximately Rs 512.99 crore in the current fiscal year’s first quarter. The pricing for products sold under the new agreement will be determined on an arm’s length basis.

Vadilal Industries Limited will convene an Extraordinary General Meeting (EGM) of its members on Tuesday, October 27, 2026, at 11:30 A.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM), according to a regulatory filing with the National Stock Exchange of India Ltd. and BSE Limited on September 30, 2026, with October 20, 2026, set as the record date.

Vadilal Industries Limited informed the National Stock Exchange of India Ltd. and BSE Limited that the trading window for dealing in securities of the company will be closed for designated persons and their relatives from Thursday, October 01, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ending September 30, 2026.

Vadilal Industries Ltd announced on September 23rd, 2026, that India Ratings and Research (Ind-Ra) has placed the company’s bank loan facilities on Rating Watch with Negative Implications. Specifically, the rating action involves the Bank loan facilities, which are currently assigned IND A+/Rating Watch with Negative Implications and IND A1+/Rating Watch with Negative Implications, both now Placed on Rating Watch with Negative Implications. This notification was disseminated to The National Stock Exchange of India Ltd and BSE Limited, as per Regulation 30 of the SEBI (Listing Obligation & Disclosures Requirements) Regulation, 2015, and no enhancements, assignments, or withdrawals of ratings were indicated beyond the placement on Rating Watch with Negative Implications.

Vadilal Industries Limited has set Thursday, September 3, 2026, as the record date for determining entitlement to a final dividend of Rs 0 for the financial year 2025-26, according to a filing with the National Stock Exchange of India Ltd. and BSE Limited. The company's register of members and share transfer books will be closed from September 4, 2026, to September 10, 2026, inclusive.

Vadilal Industries Ltd share price softened by 0.13% to Rs 7362.9. The Company's net profit jumped 138.63% to Rs 130.91 crore, while revenue from operations gained significantly 63.54% to Rs 680.06 crore in Q2FY26 over Q1FY26. The market capitalization of Dairy Products industry group stocks on BSE stood at Rs 44469.67 crore, rising 8.72%. It has marginally improved by 3.10% over last one week and climbed by 9.69% in last one month while the market capitalization of Vadilal Industries Ltd has inched up 2.18% and 73.06% in the same period respectively. Profit before tax (PBT) of Vadilal Industries Ltd stood at Rs 173.64 crore in Q2 FY26, expanding by 95.69% year-on-year, and jumping 136.34% quarter-on-quarter. EBITDA came in at Rs 139 crore, surging by 43.82% YoY and rallying 77.77% sequentially. Total expenses surged 53.60% to Rs 529.23 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 324.3 crore, soaring by 68.19% YoY, while employee benefits expense was at Rs 45.19 crore, softening 1.09% YoY. For the TTM ended FY26, revenue from operations grew 10.21% to Rs 1240.26 crore, while net profit saw a marginal increase of 3% to Rs 150.33 crore, compared to previous TTM. EBITDA soared by 21406% to Rs 225.29 crore, and PBT improved 10.96% to Rs 199.69 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 130.02 crore in FY26, as against Rs 192.01 crore in FY25. Vadilal Industries Ltd surged by 45.67% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.04% during the same period.

Vadilal Industries Limited will consider the unaudited standalone and consolidated financial results under Indian Accounting Standards (Ind AS) for the quarter ended June 30, 2026, and an interim dividend, if any, on equity shares of Rs 10 each for the financial year 2026-27, at a board meeting scheduled for August 12, 2026, as announced in an addendum to a prior notice dated August 7, 2026.

Vadilal Industries Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited standalone and consolidated financial results under Indian Accounting Standards (Ind AS) for the quarter ended June 30, 2026, according to a filing with the National Stock Exchange of India Ltd. and BSE Limited. The company’s trading window for securities will remain closed for designated persons until August 14, 2026, in accordance with SEBI regulations.

Vadilal Industries has received upgrade in credit ratings from India Ratings and Research at IND A+; Positive/ IND A1+.