Vandan Foods Ltd
Incorporated in 1995, Vandan Foods Ltd is in the business of manufacturing Castor Oil and its derivatives[1]
- Market Cap ₹ 49.7 Cr.
- Current Price ₹ 59.3
- High / Low ₹ 125 / 32.1
- Stock P/E 5.50
- Book Value ₹ 58.6
- Dividend Yield 0.00 %
- ROCE 46.5 %
- ROE 53.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.01 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 51.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -30.5%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Agricultural Food & other Products Edible Oil
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 1 | 12 | 49 | 108 | 153 | |
| 2 | 11 | 45 | 98 | 138 | |
| Operating Profit | -0 | 1 | 4 | 10 | 14 |
| OPM % | -5% | 9% | 7% | 10% | 9% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0 | 1 | 4 | 9 | 13 |
| Tax % | -15% | 26% | 25% | 26% | |
| -0 | 1 | 3 | 7 | 9 | |
| EPS in Rs | -110.00 | 46.92 | 9.19 | 12.03 | 13.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 318% |
| TTM: | 73% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 302% |
| TTM: | 281% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| Last Year: | 53% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.14 | 3 | 6 | 8 |
| Reserves | -0 | 2 | 7 | 11 | 41 |
| 3 | 0 | 0 | 18 | 19 | |
| 1 | 2 | 3 | 14 | 41 | |
| Total Liabilities | 4 | 5 | 12 | 49 | 109 |
| 1 | 0 | 6 | 6 | 11 | |
| CWIP | 0 | 0 | 0 | 5 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 4 | 4 | 6 | 37 | 95 | |
| Total Assets | 4 | 5 | 12 | 49 | 109 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 3 | 1 | -12 | |
| 0 | 0 | -5 | -6 | |
| -0 | -1 | 4 | 17 | |
| Net Cash Flow | 0 | 1 | -0 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 170 | 2 | 3 | 20 |
| Inventory Days | 608 | 88 | 43 | 108 |
| Days Payable | 1,898 | 0 | 0 | 38 |
| Cash Conversion Cycle | -1,120 | 90 | 46 | 90 |
| Working Capital Days | 686 | 17 | 21 | 42 |
| ROCE % | 28% | 59% | 47% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
20 Nov - Monitoring report for IPO Rs30.36 crore for quarter ended Sep 30, 2025; net utilized Rs27.11 crore, no deviations.
-
Statement Of Deviation For The Half Year Ended September 30, 2025
13 Nov - IPO proceeds Rs30.36 crore; no deviation; ~Rs29.88 crore utilized as of 30 Sep 2025 (statement dated 13 Nov 2025).
-
Un-Audited Financial Results For The Half Year Ended September 30, 2025
13 Nov - Approved H1 FY2026 results (ended 30 Sep 2025): revenue Rs9,873.42 lakh; profit Rs418.34 lakh.
-
Board Meeting Outcome for Un-Audited Results For The Half Year Ended September 30 2025
13 Nov - Approved H1 FY2025-26 unaudited results: Revenue Rs9,873.42L; PAT Rs418.34L; share issue proceeds Rs3,036.00L
-
Board Meeting Intimation for Half Year Results As On September 2025 And Other Business Matters
7 Nov - Board meeting on 13 Nov 2025 to approve Q2/H1 unaudited results for period ended 30 Sep 2025.
Business Overview:[1]
VFL was initially engaged in the
catering business. It then transitioned
into the trading of agro commodities.
From FY24 onwards, under the mgmt..
of the current promoters, the company commenced operations in the manufacturing
of Castor Oil and its derivatives. Presently, it
is an ISO 9001:2015 company which operates under a B2B business model, with a primary
focus on Refined F.S.G. Castor Oil and Castor De-Oiled Cake