Vadilal Chemicals Ltd
Vadilal group's industrial and specialty gases arm, quoted at ₹10 a share against a ₹4.87 Cr equity base and profits every year.
Market cap
₹4.87 Cr
0.49 Cr shares
P/E ratio
2.04
Sector average 30
Book value
₹69.55
P/B 0.14
1-year return
+0.00%
52w ₹10 – ₹10
Currently 0% of the way through its 52-week range.
Indicative price history
1Y change
+0.00% ₹10 → ₹10
52-week band in this window: ₹10.00 – ₹10.00. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Vadilal group's industrial and specialty gases company, incorporated 1991.
- FY25 profit before tax ₹3.28 Cr; operating cash flow ₹8.82 Cr.
- Quoted at ₹10 (face value) with 48.7 lakh shares outstanding.
About Vadilal Chemicals
Vadilal Chemicals Limited, incorporated on 11 April 1991 in Ahmedabad, manufactures and distributes industrial gases, high-purity and specialty gas mixtures, and related equipment such as regulators and valves, and offers tank and pipeline purging services. It is part of the Vadilal group led by the Gandhi family, better known for Vadilal Industries (ice cream, listed on BSE/NSE).
The company was once quoted on the stock exchange and dealers now carry it under 'delisted and illiquid' shares; the equity remains live with the ISIN INE961A01015 and an active MCA status (last AGM 26 September 2024). Paid-up capital is ₹4.87 Cr, i.e. about 48.7 lakh shares of ₹10.
Revenue was ₹71 Cr in FY22 and remains in the ₹1–100 Cr band. FY25 profit before tax was ₹3.28 Cr (FY24: ₹4.51 Cr) with operating cash flow of ₹8.82 Cr, and the company paid ₹0.39 Cr of dividend during the year.
Figures preliminary; verify from MCA filings. Financial line items on this page are compiled from dealer summaries and registry snapshots; where a year is not disclosed, minimal estimates are shown and marked preliminary.
Where the revenue comes from
- Industrial & specialty gases80%
Oxygen, nitrogen, argon, gas mixtures and high-purity gases
- Equipment & services20%
Regulators, valves, purging and pipeline services
Products & services
Industrial gases
Oxygen, nitrogen, argon, carbon dioxide and hydrogen in cylinders and bulk.
Specialty gases
High-purity gases and calibration mixtures for labs and process industries.
Gas equipment & services
Regulators, valves, tank and pipeline purging services.
What works
- • Consistently profitable with strong operating cash flow (₹8.8 Cr in FY25) relative to its size.
- • Vadilal brand and group distribution in Gujarat's industrial belt.
- • At ₹10 the quote is a fraction of the estimated book value per share.
What to watch
- • Profit before tax fell 27% in FY25 to ₹3.28 Cr; closing cash dropped to ₹0.17 Cr after debt service and dividend.
- • Delisted status means no exchange price discovery; exit depends on dealer demand.
- • Family-run group with related-party dealings across Vadilal entities.
- • Figures preliminary; verify from MCA filings.
Compare with peers
| Company | Price | Market cap | P/E | P/B | Rev CAGR |
|---|---|---|---|---|---|
| Vadilal ChemicalsThis page | ₹10.00 | ₹4.87 Cr | 2.04 | 0.14 | +6.22% |
| Matrix Gas | ₹4.90 | ₹196 Cr | 10.21 | 1.85 | +17.38% |
| India Carbon | ₹888.00 | ₹235.32 Cr | — | 0.52 | -44.95% |
| IPL | ₹2,695.00 | ₹3,854 Cr | 12.23 | 0.86 | -27.53% |
Latest reported year: FY25 ending 31 Mar 2025.