Vadilal Industries Ltd
Vadilal Industries Ltd (VADILALIND)

Vadilal Industries Ltd (VADILALIND)

₹1712.054.37%

Key Stats

₹1675
Day's Price Range
₹1729.15
₹823.8
52-Week Price Range
₹2070
1 Month Return3.38 %
3 Month Return34.43 %
1 Year Return59.7 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 19
29.81
EPS
Rank 2
₹55.02
BVPS
Rank 4
₹244.62
Dividend Yield
Rank 18
ROE
Rank 101
-16.45%
Price To Book Ratio
Rank 24
6.7
Debt To Asset
Rank 23
0.56

Company Information

Vadilal IndustriesVIL promoted by R R Gandhi and L R Gandhi was incorporated under the name Vadilal Oxygen Pvt Ltd in Apr.82 to carry on the business of purification and refilling of oxygen gas and selling the same. Vadilal Icecream Pvt Ltd which was incorporated in Jun.81 to carry on the business of manufacturing icecreams and icecream candies was amalgamated with Vadilal Oxygen from Jul.85. Subsequently the name was changed to Vadilal Industries. Presently the company has business interest in Icecreams Processed Foods and Forex.VILs Ice Cream division operates with 3 plant 2 in Gujarat and one in UP. The three plants at Dudheshwar in Ahmedabad Village Pundhra in Gandhinagar and Bareilly has a combined processing capacity of 20046 Kilo Ltrs. per annum as on 200001. The company is on continuous expansion of the capacity over the years. In 199293 the company entered into an agreement with a leading company in UP to produce Icecream under its brand name. In 199798 the company has acquired land worth Rs.26.68 lacs for setting up an icecream facility at Pundhara in Gujarat. The facility with an installed capacity to produce 10000 boxex per day of icecream has commenced operation in 199899. The company has introduced various varieties of Icecreams. The company has launched lowfat calory Icecream known as Vadilal Lite under different flavours.VILs Processed Foods and Frozen Vegetables division which was started its activities in March 1991 with 5400 MTPA plant has grown to a 16200 MTPA capacity for processing of fruits and vegetalbes. This Dharampur facility which has the capacity to produce frozen fruits and vegetables like mango pulp mango slices pineapple titbits tutty fruity seet corns peas grapes etc. was part financed by the public issue in Oct. 89. The company entered the international market in 199495 by exporting processed foods vegetables and fruit pulp in Europe west Asia and the US. In 199697the company has installed the Individually Quick Frozen IQF facilities with a capacity to process 2 MT of fruits and vegetables per hour at its existing Dharampur plant at a total project cost of Rs 6 crores using fluidised bedbelt type continuous freezing technology imported from U.K. The company introduced mixed fruit and pineapple jam tomato ketchup and sauce sweet corn soup and baked beans in Gujarat. The company has putup two wind farms for captive consumption at Village Lamba and Village Bhogat in Jamnagar Dist. of Gujarat with a total power producing capacity of 1.92 MW. The Lamba wind farm which has a capacity of 1.28 MW was putup at a cost of Rs.6.78 Cr has commenced operation in March 1995. While the Bhogat farm with a capacity to produce 0.64 MW of power was put up with a cost of Rs.3.78 cr has commenced operation in March 1996.VILs Forex and FFMC Division provides various informative and Advisory services in the areas of forexbullion and base metals. This Division which commenced operation five years backas on March 2001 is offering its service primarily in Gujarat. Its planning to expang its geographical reach outside Gujarat. The Division also plans to expand its operational area of hedging in the International Futures Exchangs by forming strategic alliances with leading international brokers. The company has developed a commercial complex namely Mahalay at Navrangpura Ahmedabad at a cost of Rs.9 Crores during 199899.In the Processed Food products segment the company is planning to introduced various new products which will include full range of Frozen VegetablesFruits and Readytoserve foods etc.
OrganisationVadilal Industries Ltd
HeadquartersAhmedabad
IndustryFMCG