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Veedol Corp. Ltd (VEEDOL) AI Stock Analysis

3 Followers
IN:VEEDOL

Veedol Corp. Ltd

(NSE:VEEDOL)

Select Model
Rating:85Outperform
Price Target:INR 1,566.00â–²(12.55% Upside)
Action:reiterated
Date:08/30/26

The overall score is driven primarily by the company’s strong financial recovery, with robust revenue growth, healthier margins, low leverage, and improved cash generation, which collectively signal a much stronger business profile. Supporting this, the valuation looks attractive with a moderate earnings multiple and solid dividend yield, while technical indicators show a steady uptrend and balanced momentum without signs of excess, reinforcing a favorable but not risk-free outlook given the need to confirm sustainability of recent performance.

Positive Factors
Revenue and Profit ReboundThe sharp FY2026 revenue rebound, combined with healthy gross, operating, and net margins, indicates meaningful recovery in commercial performance. If profitability remains at these levels, the company can strengthen its market position, support reinvestment, and build a more durable earnings base.
Negative Factors
Profitability VolatilityThe contrast between near-breakeven FY2025 results and the FY2026 rebound shows that earnings performance has not yet demonstrated consistent stability. Such volatility makes future profitability harder to forecast and could weaken the company’s ability to plan investment, dividends, and expansion through a full cycle.

Veedol Corp. Ltd (VEEDOL) vs. iShares MSCI India ETF (INDA)

-30%-25%-20%-15%-10%-5%0%5%IN:VEEDOL-17.15%INDA-5.62%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 23.58B
Dividend Yield
4.17%
Average Volume (3M)
946
Price to Earnings (P/E)
10.8
Beta (1Y)
0.98
Revenue Growth
12.88%
EPS Growth
21.27%
Country
India
Employees
502
Sector
General
Sector Strength
55
Industry
Chemicals - Specialty

Veedol Corp. Ltd Business Overview & Revenue Model

Company Description

Veedol Corporation Limited, established in Kolkata, India, in 1921, and formerly known as Tide Water Oil Co. (India) Limited until its rebranding in September 2024, focuses on producing and distributing lubricants under the Veedol name primarily with...

How the Company Makes Money

Veedol Corp. Ltd primarily makes money by selling lubricant products (e.g., engine oils and other automotive/industrial lubricants) under the Veedol brand through its marketing and distribution network. Revenue is generated from product sales to chan...

Veedol Corp. Ltd Financial Statement Overview

Summary

Strong financial turnaround with revenue more than doubling, margins moving from near break-even to healthy levels, very low debt, improved return on equity, and significantly better free cash flow, with the main risk being sustainability of this sharp improvement.

Income Statement

86Very Positive

Balance Sheet

90Very Positive

Cash Flow

82Very Positive
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024
Income Statement
Total Revenue10.39B21.69B19.67B
Gross Profit4.06B8.94B72.02M
EBITDA1.42B2.75B304.92M
Net Income1.01B1.92B19.73M
Balance Sheet
Total Assets13.29B14.06B12.53B
Cash, Cash Equivalents and Short-Term Investments1.81B2.28B1.38B
Total Debt209.50M158.90M219.60M
Total Liabilities3.52B3.70B3.39B
Stockholders Equity9.77B10.36B9.14B
Cash Flow
Free Cash Flow1.05B1.59B-124.60M
Operating Cash Flow1.53B1.94B297.20M
Investing Cash Flow-179.00M472.40M720.80M
Financing Cash Flow-1.17B-1.22B-988.90M

Veedol Corp. Ltd Technical Analysis

Technical Analysis SentimentPositive
Last Price1391.40

Price Trends

50DMA1380.99Positive
100DMA1414.83Negative
200DMA1399.93Negative

Market Momentum

MACD7.38Negative
RSI54.42Neutral
STOCH61.57Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VEEDOL, the sentiment is Positive. The current price of 1391.40 is above the 20-day moving average (MA) of 1354.09, above the 50-day MA of 1380.99, and below the 200-day MA of 1399.93, indicating a neutral trend. The MACD of 7.38 indicates Negative momentum. The RSI at 54.42 is Neutral, neither overbought nor oversold. The STOCH value of 61.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VEEDOL.

Veedol Corp. Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:VEEDOL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:VEEDOLIN:VEEDOL85OutperformINR 24.32B10.78―4.17%12.88%21.27%
IN:MANALIPETCIN:MANALIPETC76OutperformINR 13.18B7.68―0.62%33.08%363.92%
IN:GULFOILLUBIN:GULFOILLUB72OutperformINR 54.03B13.58―4.59%24.69%8.61%
IN:SOTLIN:SOTL64NeutralINR 46.54B7.84―0.75%36.62%325.00%
IN:GOCLCORPIN:GOCLCORP59NeutralINR 17.11B4.67―8.70%-95.58%-72.91%
IN:BALAMINESIN:BALAMINES58NeutralINR 59.05B25.45―0.59%20.91%62.44%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

0%50%100%IN:VEEDOLIN:BALAMINESIN:GOCLCORPIN:GULFOILLUBIN:MANALIPETCIN:SOTLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:VEEDOL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:VEEDOLVeedol Corp. Ltd1391.40-318.99-18.65%
IN:BALAMINESBalaji Amines Limited1865.65642.0152.47%
IN:GOCLCORPGOCL Corporation Limited344.4540.1913.21%
IN:GULFOILLUBGulf Oil Lubricants India Ltd1109.25-47.52-4.11%
IN:MANALIPETCManali Petrochemicals Limited80.5312.7718.85%
IN:SOTLSavita Oil Technologies Limited669.90283.3373.29%

Veedol Corp. Ltd Corporate Events

Veedol Publishes Postal Ballot Voting Results, Confirms Shareholder Approval

Sep 22, 2026

Veedol Corporation Limited has notified the exchanges that it has published newspaper advertisements in the Kolkata editions of The Telegraph and Aajkaal, announcing the voting results on resolutions set out in its postal ballot notice dated August 1...

Veedol Announces Postal Ballot Notice via Newspaper Advertisements

Aug 20, 2026

Veedol Corporation Limited has notified the stock exchanges that it has published newspaper advertisements in The Telegraph and Aajkaal regarding the dispatch of a postal ballot notice to its shareholders. The move underscores the company’s adherence...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 30, 2026