Board Meeting Details
The Board meeting was held on August 12, 2026, commencing at 11:00 AM and concluding at 04:15 PM.
Key Decisions Approved
1. Financial Results Approval
The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, prepared in accordance with Indian Accounting Standards (IND AS). The results were reviewed by the Audit Committee and received a Limited Review Report from the auditors.
2. Interim Dividend Declaration
The Board declared an interim dividend of ₹17.00 per equity share (face value of ₹10 each) for the Financial Year 2026-27. The record date for determining eligibility for the dividend was fixed as August 21, 2026, pursuant to Regulation 42 of SEBI Listing Regulations.
3. Annual General Meeting
Approval to convene the 42nd Annual General Meeting (AGM) on Thursday, September 10, 2026, through Video Conferencing/Other Audio-Visual Means facility.
Book closure period: September 4, 2026 to September 10, 2026
Cut off date (Record Date): September 3, 2026
Standalone Financial Results (Quarter Ended June 30, 2026)
Income Statement (₹ in Crore)
- Revenue from operations: ₹584.27
- Other income: ₹5.67
- Total income: ₹589.94
Expenses (₹ in Crore)
- Cost of materials consumed: ₹320.74
- Purchase of stock-in-trade: ₹1.97
- Changes in inventories: ₹19.87
- Employee benefits expense: ₹20.19
- Finance costs: ₹2.05
- Depreciation and amortization: ₹9.09
- Other expenses: ₹73.35
- Total expenses: ₹447.26
Profitability
- Profit before tax: ₹142.68
- Tax expense: ₹36.11 (Current tax: ₹36.25, Deferred tax: -₹0.14)
- Net profit after tax: ₹106.57
- Other comprehensive income: ₹0.11
- Total comprehensive income: ₹106.68
Per Share Data
- Paid-up equity share capital: ₹7.19 crore (face value ₹10 each)
- Basic EPS: ₹148.26
- Diluted EPS: ₹148.26
Consolidated Financial Results (Quarter Ended June 30, 2026)
Income Statement (₹ in Crore)
- Revenue from operations: ₹680.06
- Other income: ₹27.25
- Total income: ₹707.31
Expenses (₹ in Crore)
- Cost of materials consumed: ₹324.30
- Purchase of stock-in-trade: ₹5.03
- Changes in inventories: ₹39.44
- Employee benefits expense: ₹45.19
- Finance costs: ₹4.44
- Depreciation and amortization: ₹15.35
- Other expenses: ₹99.92
- Total expenses: ₹533.67
Profitability
- Profit before tax: ₹173.64
- Tax expense: ₹42.73 (Current tax: ₹45.74, Deferred tax: -₹3.01)
- Net profit after tax: ₹130.91 (attributable entirely to owners of the company)
- Other comprehensive loss: -₹0.14
- Total comprehensive income: ₹130.77 (attributable entirely to owners of the company)
Per Share Data
- Paid-up equity share capital: ₹7.19 crore (face value ₹10 each)
- Basic EPS: ₹182.13
- Diluted EPS: ₹182.13
Subsidiaries Information
The consolidated results include the following subsidiaries:
1. Vadilal Industries (USA) Inc.
2. Krishna Krupa Corporation Inc
3. Vadilal Industries Pty Ltd
4. Vadilal Delight Limited
5. Varood Industries Limited
6. Vadilal Soda Fountain
Auditor's Review
Walker Chandiok & Co LLP issued unmodified review reports for both standalone and consolidated financial results. For the consolidated results:
- Three subsidiaries (with total revenues of ₹150.75 crore, net profit of ₹27.06 crore) were reviewed by other auditors
- Three subsidiaries (with total revenues of ₹0.90 crore, net profit of ₹0.24 crore) were not reviewed by their auditors but were considered not material to the Group
Additional Notes
- The company operates primarily in the Food segment
- A scheme of amalgamation for three promoter group companies (Vadilal Finance Company Private Limited, Veronica Constructions Private Limited, and Vadilal International Private Limited) was approved by the Board on March 29, 2025, and has been filed with stock exchanges for approval
- Previous period amounts have been reclassified/regrouped where necessary