Vadilal Industries FY25: dividend, sales, margins data

Why Vadilal is in focus

Vadilal Industries Limited, along with its subsidiaries, manufactures and sells ice-cream in India and international markets. The company’s product mix spans ice-cream and frozen desserts, processed foods, and other dairy products. It also operates businesses outside core foods, including money changing and chemicals, as noted in the available company description. Recent updates around dividends, mixed quarterly performance, and differing snapshots of market value have brought the stock back into investor screens.

A key point flagged in the provided data is that a dividend yield of about 0.48% is “not well covered by free cash flows.” That statement, alongside a low reported payout ratio in one snapshot, frames the dividend discussion as more about sustainability than headline yield.

Business segments and product portfolio

Vadilal is primarily positioned as a small-cap FMCG company focused on manufacturing ice creams and ice-cream candies. It also sells flavored milk under the Power Sip brand and offers paneer and ghee products. Beyond dairy and desserts, the company’s processed food range includes frozen fruits, vegetables, pulp, and ready-to-eat and ready-to-serve offerings.

The broader portfolio matters because profitability and margins can shift with input costs, seasonal demand, and distribution scale. The dataset also mentions the company’s intent to introduce more products and expand marketing and distribution, indicating continued focus on market reach.

Latest TTM snapshot: revenue, costs, and margins

The latest trailing twelve months (TTM) profitability table lists revenue at ₹13.70 billion, which is ₹1,370 crore after unit normalization. Cost of revenue is ₹7.04 billion (₹704 crore), implying a gross profit of ₹6.66 billion (₹666 crore). Other expenses are reported at ₹5.44 billion (₹544 crore), while earnings are shown as ₹1.22 billion (₹122 crore).

The same snapshot reports a gross margin of 48.62% and a net profit margin of 8.93%. EPS is listed at 170.07. Debt to equity is reported at 26.0%, providing a quick view of leverage.

FY25 and FY24: sales and profit figures cited

One FY25 summary in the provided text states that sales rose 10.02% to ₹1,238.08 crore for the year ended March 2025, compared with ₹1,125.33 crore in the previous year. It also states consolidated net profit rose 3.00% to ₹150.33 crore for the year ended March 2025, from ₹145.95 crore in the previous year. Standalone net profit for FY25 is also cited at ₹113.88 crore.

Separately, another section reports revenue from operations of ₹1,119.12 crore for the year ended March 31, 2025, versus ₹999.14 crore in the prior year, a 12.00% increase. It adds other income of ₹6.06 crore to reach total income of ₹1,125.18 crore. Total expenses are stated at ₹1,117.56 crore, including finance cost of ₹6.14 crore and depreciation and amortisation of ₹16.13 crore. Profit before tax is listed at ₹7.62 crore versus ₹10.05 crore in the previous year.

These figures come from different cited summaries within the provided text and do not reconcile into a single set of accounts here. They do, however, consistently point to year-on-year growth in sales, with profit measures showing variability depending on the metric and basis.

Q4 FY25: growth in sales, pressure on profit

For the quarter ended March 2025 (Q4 FY25), sales are reported to have increased 9.15% to ₹274.47 crore, compared to ₹251.45 crore in the previous quarter. Net profit for Q4 FY25 is cited at ₹22 crore, down 20.41% year-on-year.

The same FY25 and Q4 FY25 summary also states that on a quarterly growth basis, net profits surged 84.41% over the last three months. In addition, a separate statement flags that the company’s latest results are “concerning,” citing a 30.26% quarter-on-quarter decline in net sales and a net profit drop to -₹0.16 crore, despite a 16.76% year-on-year revenue increase. Taken together, the dataset presents mixed quarterly signals, with specific concern around operating margin pressure and rising employee costs.

Dividend picture: multiple rates, yields, and dates

Dividend data in the provided text includes several references. One snapshot lists a current dividend yield of 0.5% and a payout ratio of 10%. Another line highlights that a 0.48% dividend is not well covered by free cash flows.

The text also states that Vadilal declared a 15% dividend amounting to ₹1.5 per share, with an ex-date of September 19, 2024, and a date reference of 06-Jun-2025. It further mentions a “latest dividend” of ₹21 per share with an ex-dividend date of Sep-12-2025, and separately references a 210% dividend with the same ex-date. Another portion, tied to FY25 and Q4 FY25 results, states that a dividend of ₹21 per share has been recommended.

Stock price and market-cap snapshots cited

The dataset includes multiple points-in-time for price and market value. As of 04-Mar, the stock price is stated at ₹5,029.90, down 0.31% after a trend reversal following five days of gains. Another reference states that the share price was ₹5,294 as on 12 Nov 2025, with a 16.11% fall over six months and a 39.94% rise over one year.

Market capitalisation is shown as ₹31.22 billion, which is ₹3,122 crore in normalized terms, in one snapshot. Another point states that as of Nov 11, 2025 at 03:41 PM, the market cap stood at ₹3,805.33 crore. These are different observations across time or data sources, and they highlight that investor perception and price levels have moved meaningfully.

Earnings calendar and reported ratings

The provided text lists “Last Reported Earnings” as Dec 31, 2025, and “Next Earnings Date” as May 27, 2026. A separate line also mentions an “Upcoming Earnings date” of 9th Feb, 2026. Because the dataset contains multiple dates, readers typically cross-check the company’s exchange filings and corporate announcements to confirm the next scheduled result.

The stock is also stated to be rated “Sell” by MarketsMOJO, with the rating last updated on 11 February 2026. That is one external rating reference included in the provided material.

Market impact: what the numbers imply without forecasting

From a market standpoint, the core tension in the provided data is between sales growth and profit volatility. The TTM snapshot shows relatively strong gross margin and a positive net profit margin. But other cited updates flag sharp quarter-on-quarter drops in net sales and even a small net loss figure in one period, along with employee cost pressure and weaker operating margins.

On dividends, the stated low yield and the note on weak free-cash-flow coverage can influence how income-focused investors assess the stock. At the same time, the dataset also mentions “significant price appreciation” leading to strong total returns over various periods, implying that investor outcomes have not depended on dividend income alone.

What to watch next

The next set of earnings, whenever confirmed on the company’s calendar, will be important for clarity on sales momentum and margin trends. Investors also tend to track whether the company follows through on the stated plan to expand marketing and distribution and introduce more products.

Dividend consistency is another watchpoint, especially given the multiple dividend figures and dates cited. For shareholders, the key practical items remain the declared dividend amount, record date or ex-date, and whether cash flows are adequate to support payouts over time, as flagged in the dataset.

Conclusion

Vadilal Industries remains a small-cap FMCG name with a wide frozen and dairy portfolio and a reported footprint in international markets. The provided figures show growth in sales across FY25 references, while quarterly profitability signals appear uneven across the cited updates. Dividend information includes both low-yield snapshots and higher per-share declarations, alongside a caution on free-cash-flow coverage. The next confirmed earnings announcement and subsequent filings should provide cleaner direction on margins, costs, and the durability of recent performance.