Veedol Corporat
NSE: VEEDOL · Lubricants
Snapshot
Unlock Veedol Corporat's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Veedol Corporation Limited is a manufacturer and marketer of a comprehensive range of automotive and industrial lubricants, greases, and vehicle care products. The company operates globally across multiple continents and maintains a diversified portfolio that includes EV fluids and wind energy operations.
Business Model
The company generates revenue through the sale of branded lubricants and specialty fluids via an extensive distribution network comprising distributors, retail outlets, and workshops. It serves both the automotive and industrial sectors, leveraging its long-standing brand heritage and OEM partnerships.
- Incorporation Year:1921
Management Commentary
Management recently oversaw the rebranding of the entity from Tide Water Oil Co. (India) Limited to Veedol Corporation Limited in September 2024 to better align with its global brand identity.
Growth Outlook
Growth is expected to be driven by the expansion of its EV fluid portfolio and the continued penetration of its automotive and industrial lubricant ranges in international markets. The company's diversification into wind energy provides an additional avenue for long-term operational growth.
Key Risks
- Raw Material Price Volatility. Fluctuations in global crude oil prices directly impact the cost of base oils and additives, which are primary inputs for lubricant production.
- Competitive Intensity. The lubricants market is highly competitive, featuring both large multinational corporations and numerous domestic players, which can exert pressure on margins.
- Technological Transition. The global shift towards electric vehicles poses a long-term risk to the demand for traditional internal combustion engine lubricants.
- Geopolitical and Currency Risk. Operating across diverse international regions exposes the company to foreign exchange volatility and geopolitical instability in emerging markets.
Price
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Key Metrics
REVENUE
₹2,168 Cr
TTM · consolidated
NET PROFIT
₹192 Cr
TTM · consolidated
EPS
₹112.76
TTM · consolidated
RETURN ON EQUITY
20.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
20.7%
TTM · consolidated
P/E
12.8x
Q4 FY26 · consolidated
EV/EBITDA
9.4x
Q4 FY26 · consolidated
EBITDA MARGIN
11.3%
TTM · consolidated
NET PROFIT MARGIN
9.5%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Lubricants
| Company | Mkt Cap (Cr) | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Veedol CorporatVEEDOL | 2,284 | 12.85 | 9.38 | 10.1% | 11.3% | 20.3% | 20.7% | -14.6% |
Castrol India Ltd.CASTROLIND | 17,270 | 19.05 | 12.49 | 7.0% | 24.4% | 43.9% | 62.4% | -17.4% |
Gulf Oil Lubricants India LimitedGULFOILLUB | 4,592 | 11.45 | 5.88 | 39.7% | 15.0% | 29.7% | 40.4% | -18.1% |
Savita Oil TechSOTL | 2,279 | 21.88 | 13.24 | 14.4% | 6.7% | 10.7% | 15.3% | +36.1% |
Panama PetrochemPANAMAPET | 1,561 | 12.13 | 8.96 | 9.7% | 9.4% | 16.2% | 20.3% | +19.5% |
Gandhar Oil Ref.GANDHAR | 1,262 | 15.25 | 8.90 | 8.4% | 5.9% | 10.8% | 14.7% | +23.1% |
As of Q4 FY26
Financials
Veedol Corporat
NSE: VEEDOL · Lubricants
Snapshot
Unlock Veedol Corporat's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Veedol Corporation Limited is a manufacturer and marketer of a comprehensive range of automotive and industrial lubricants, greases, and vehicle care products. The company operates globally across multiple continents and maintains a diversified portfolio that includes EV fluids and wind energy operations.
Business Model
The company generates revenue through the sale of branded lubricants and specialty fluids via an extensive distribution network comprising distributors, retail outlets, and workshops. It serves both the automotive and industrial sectors, leveraging its long-standing brand heritage and OEM partnerships.
- Incorporation Year:1921
Management Commentary
Management recently oversaw the rebranding of the entity from Tide Water Oil Co. (India) Limited to Veedol Corporation Limited in September 2024 to better align with its global brand identity.
Growth Outlook
Growth is expected to be driven by the expansion of its EV fluid portfolio and the continued penetration of its automotive and industrial lubricant ranges in international markets. The company's diversification into wind energy provides an additional avenue for long-term operational growth.
Key Risks
- Raw Material Price Volatility. Fluctuations in global crude oil prices directly impact the cost of base oils and additives, which are primary inputs for lubricant production.
- Competitive Intensity. The lubricants market is highly competitive, featuring both large multinational corporations and numerous domestic players, which can exert pressure on margins.
- Technological Transition. The global shift towards electric vehicles poses a long-term risk to the demand for traditional internal combustion engine lubricants.
- Geopolitical and Currency Risk. Operating across diverse international regions exposes the company to foreign exchange volatility and geopolitical instability in emerging markets.
Price
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Unlock AI insights, financials, peers and live data on Veedol Corporat and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,168 Cr
TTM · consolidated
NET PROFIT
₹192 Cr
TTM · consolidated
EPS
₹112.76
TTM · consolidated
RETURN ON EQUITY
20.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
20.7%
TTM · consolidated
P/E
12.8x
Q4 FY26 · consolidated
EV/EBITDA
9.4x
Q4 FY26 · consolidated
EBITDA MARGIN
11.3%
TTM · consolidated
NET PROFIT MARGIN
9.5%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Lubricants
As of Q4 FY26