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← CockpitCompetitor Analysis › VADILALIND.NS Vadilal Industries LimitedOpen in the cockpit ↗

Vadilal Industries LimitedVADILALIND.NSCompetitor analysis, valuation and peers

India · INR·FMCG›Food: Specialty/Candy
Momentum leader 87
Mkt cap
$541M
US dollars, full cap
Free float
30%
of shares outstanding
$/day
$703,899
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+11.3 pp
WACC 11.6%
Hurdle
-9 pp
Req g minus delivered
Close · INR₹7,108
1D-0.2%
1W-5.1%
1M-1.9%
3M-3.0%
6M+53.3%
YTD+44.0%
1Y+32.0%
ATR %3.8%
Beta0.90
52w lowhigh15.9% off high

What Vadilal Industries does

Employees: 4,449

Vadilal Industries at a glance

Size Vadilal Industries (VADILALIND.NS) is an India Consumer Staples company (Food: Specialty/Candy) with a market value of $541M, the 813th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹7,108 on 6 Nov 2026.

Performance Over six months the shares gained 53.3%, against -11.4% for the median peer and 0.0% for the India market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 30.9% over the last twelve months (peer median +5.4%); the operating margin is 15.6% (peer median 6.3%).

Valuation It trades at 3.0× enterprise value to sales against a peer median of 1.1× (3rd most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 11.3 points above its cost of capital (11.6% WACC).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026VADILALIND.NS 154Peer median 89
Six months, rebased to 100: Vadilal Industries against the median of its 20 peers (local-currency closes).

Vadilal Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹16.8B₹15.0B₹12.4B₹11.2B₹10.6B
Revenue growth—+21%+10%+6%—
Gross profit₹6.03B₹3.95B₹3.29B₹2.95B₹2.68B
EBITDA₹3.13B₹2.50B₹2.41B₹2.23B₹1.69B
Net income₹2.19B₹1.55B₹1.50B₹1.46B₹963M
Free cash flown/a₹346M₹274M₹1.16B-₹343M
Capital expendituren/a₹966M₹804M₹595M₹584M
Total debtn/a₹2.30B₹2.18B₹2.23B₹2.91B

Quarterly statements and history in the cockpit →

Vadilal Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%-10%0%0029912220002582452660302030090830097320036053006036976038869279001680JBSS2208001215300673YASHO8079VADILALIND.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Vadilal Industries is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%1×2×3×0029912220002582452660302030090800228660530060369792790016802208001215300673YASHO8079VADILALIND.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Vadilal Industries is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%002991222045266030203009080022862003605300603886001680JBSS2208001215300673YASHOVADILALIND.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Vadilal Industries is the large dot.

Vadilal Industries competitors and peer comparison

How Vadilal Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Vadilal Industries against its 20 peers (data as of 6 Nov 2026)
MeasureVADILALIND.NSPeer medianRank in peer set
1-month return-1.9%-2.2%11th highest of 21
6-month return+53.3%-11.4%2nd highest of 21
Distance from 52-week high-15.9%-29.9%8th highest of 21
Revenue growth (TTM)+30.9%+5.4%2nd highest of 21
Operating margin15.6%6.3%2nd highest of 21
EV / Sales3.0×1.1×3rd most expensive of 21
Growth the price implies (Req g, 7 yrs)17.3%3.9%3rd most demanding of 17
Growth delivered (Del g)+26.5%+6.0%highest of 17
Hurdle (Req g minus delivered)-9.1 pp-3.7 pp4th least demanding of 17
ROIC minus cost of capital+11.3 pp+1.0 pp3rd highest of 21
EV / EBITDA16.3×10.4×3rd most expensive of 13
Net debt / EBITDA0.6×0.3×7th least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Vadilal Industries VADILALIND.NSIndia$541M+53%+31%16%3.0×17.3%+26.5%
Ganyuan Foods 002991.SZChina$552M-22%0%10%1.4×4.8%+12.4%
Kameda Seika 2220.TJapan$525M-8%+17%6%0.8×0.3%+6.0%
Haoxiangni Health Food 002582.SZChina$558M-21%-17%-11%2.9×n/an/a
Riken Vitamin 4526.TJapan$516M+29%+3%7%0.7×-3.9%+4.4%
Apple Flavor & Fragrance 603020.SSChina$570M-7%+3%4%0.9×16.4%-1.5%
Zhongjing Food 300908.SZChina$579M-31%+6%19%3.2×6.9%+8.3%
Baolingbao Biology 002286.SZChina$500M-15%+9%6%1.2×10.0%+6.0%
Ligao Foods 300973.SZChina$604M-19%+5%7%1.0×n/an/a
Nitto Fuji Flour Milling 2003.TJapan$472M+14%0%6%1.0×3.0%+5.2%
Jiahe Foods Industry 605300.SSChina$623M-17%-7%1%1.1×18.9%+3.7%
YouYou Foods 603697.SSChina$627M-7%+30%11%1.8×2.5%+7.8%
Ganso 603886.SSChina$464M+1%+5%6%0.8×-11.0%-1.9%
Gift 9279.TJapan$635M+31%+24%11%2.5×n/an/a
Daesang 001680.KSSouth Korea$459M-16%+2%4%0.4×-5.6%+7.2%
John B. Sanfilippo & Son JBSSUnited States$643M-29%+3%7%0.7×-8.2%+6.5%
Bourbon 2208.TJapan$451M+3%+7%6%0.5×-12.1%+0.3%
Zhengzhou Qianweiyangchu Food 001215.SZChina$451M-34%+13%5%1.3×13.9%+15.0%
Petpal Pet Nutrition Technology 300673.SZChina$444M-26%+2%6%2.1×7.5%+1.6%
Yasho Industries YASHO.NSIndia$441M+122%+35%14%4.4×33.4%+17.7%
Shoei Foods 8079.TJapan$435M+1%+8%4%0.6×n/an/a

Questions

Which companies are Vadilal Industries's closest peers?
The cockpit's peer set: Ganyuan Foods (002991.SZ), Kameda Seika (2220.T), Haoxiangni Health Food (002582.SZ), Riken Vitamin (4526.T), Apple Flavor & Fragrance (603020.SS), Zhongjing Food (300908.SZ), Baolingbao Biology (002286.SZ), Ligao Foods (300973.SZ).
Is Vadilal Industries expensive compared with its peers?
On ev / sales it trades at 3.0× against a peer median of 1.1×, 3rd most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has Vadilal Industries stock performed?
Over six months to 6 Nov 2026 the shares returned +53.3% against -11.4% for the median peer; over one year +32.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.