Veedol Fixes July 17 Record Date for ₹22 Dividend
Veedol Corporation announced July 17, 2026, as the record date for a final dividend of ₹22 per share, recommended for FY26. The company reported a 13.5% rise in annual net profit to ₹191.62 crore, with revenue reaching ₹2,186.23 crore. However, Q4 net profit declined marginally to ₹57.46 crore despite higher revenue.
*this image is generated using AI for illustrative purposes only.
Veedol Corporation has fixed July 17, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year 2025-26. The board has recommended a dividend of 1100%, or ₹22 per share, subject to shareholder approval at the Annual General Meeting (AGM). The payout will entail a total outflow of ₹38.33 crore and will be distributed within 30 days of the AGM. Additionally, the Register of Members and Share Transfer Register will remain closed from August 18, 2026, to August 24, 2026.
The company reported its audited financial results for the quarter and year ended March 31, 2026. For the full fiscal year, the consolidated net profit increased by 13.5% to ₹191.62 crore, compared to ₹168.75 crore in the previous year. On a standalone basis, net profit for the year stood at ₹135.16 crore, up from ₹124.88 crore in the corresponding period last year. Total comprehensive income for the year improved to ₹220.12 crore on a consolidated basis and ₹143.15 crore on a standalone basis.
Q4 Financial Performance
For the fourth quarter, Veedol posted consolidated revenue of ₹610.98 crore, a notable increase from ₹535.46 crore in the same quarter of the prior year. However, Q4 EBITDA declined to ₹63.90 crore from ₹68.69 crore in the year-ago period. Consequently, Q4 consolidated net profit stood at ₹57.46 crore, compared to ₹59.70 crore in the corresponding quarter of the previous year.
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue: | ₹610.98 crore | ₹535.46 crore |
| EBITDA: | ₹63.90 crore | ₹68.69 crore |
| Consolidated Net Profit: | ₹57.46 crore | ₹59.70 crore |
Full-Year Financial Performance
Revenue from operations for the consolidated entity rose to ₹2,186.23 crore for the year ended March 31, 2026, compared to ₹1,988.87 crore in the prior year. Standalone revenue from operations increased to ₹1,662.45 crore from ₹1,546.96 crore in the same period. Earnings Per Share (Basic) on a consolidated basis improved to ₹112.75 for FY26 from ₹99.29 in the previous year.
| Metric: | Year Ended Mar 31, 2026 (Consolidated) | Year Ended Mar 31, 2025 (Consolidated) |
|---|---|---|
| Revenue from Operations: | ₹2,186.23 crore | ₹1,988.87 crore |
| Net Profit: | ₹191.62 crore | ₹168.75 crore |
| Earnings Per Share (Basic): | ₹112.75 | ₹99.29 |
Historical Stock Returns for Veedol Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.61% | +0.53% | +2.44% | -12.86% | -14.68% | +28.37% |
Given the Q4 EBITDA margin compression despite strong revenue growth, what cost pressures or input price trends could continue to weigh on Veedol's profitability in FY27?
How might Veedol's dividend payout strategy evolve if the lubricants market faces increased competition from EV adoption reducing demand for traditional engine oils?
With consolidated revenue approaching ₹2,200 crore, what expansion plans or new product segments could Veedol pursue to sustain double-digit growth momentum in FY27?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
