Vadilal Industries Q1 FY26 Earnings Results

Vadilal was started as a soda company in 1907, the founder Vadilal Gandhi used to make ice cream by the traditional Kothi method. Vadilal Gandhi passed on the business to his son, Ranchod Lal Gandhi, who ran a one-man operation with a hand-cranked machine, started a small retail outlet in 1926. The company is the 2nd largest ice cream brand in India. It is the largest player in the Cones, Cups, and Candy categories. It has a 16% market share in the organized Indian ice cream market. The company has a distribution network of over 1,75,000 dealers and trade partners across India, with a marketing presence in 28 states. This is supported by 70+ C&F agents, 1,500 distributors, and 300 distribution vehicles. It offers around 100 SKUs in modern trade outlets like Reliance Fresh, D-Mart, and Food Bazaar. Additionally, it operates 65 franchised ‘Happinezz’ and ‘Hangout’ parlors under the Vadilal group.  Presenting below are its Q1 FY26 earnings results.

 

Q1 FY26 Earnings Results

• Total Income: ₹506 crore, up 84.6% quarter-on-quarter (QoQ) and 9% year-over-year (YoY).

• Total Expenses: ₹421.70 crore, up 72% QoQ and 15.3% YoY.

• Profit Before Tax (PBT): ₹88.73 crore, up 229.6% QoQ but down 13.59% YoY.

• Tax: ₹21.75 crore, up 196.3% QoQ but down 15.3% YoY.

• Profit After Tax (PAT): ₹66.98 crore, up 204.4% QoQ but down 13% YoY.

• Earnings Per Share (EPS): ₹93.19, up 204% QoQ and down 13.4% YoY.

• EBIT: ₹92.56 crore, up 196.7% QoQ and down 13.0% YoY.

• EBIT Margin: 18.13%.

 

Management Commentary & Strategic Highlights

• Vadilal Industries demonstrated strong sequential recovery from the previous quarter, driven by higher operational income.

• The year-over-year decline in profit was primarily due to increased expenses and higher tax outgo.

• The company continues to focus on expanding its ice cream and processed food business domestically and internationally.

• Operations include manufacturing facilities in Pundhra (Gujarat) and Bareilly (Uttar Pradesh).

• The Board has scheduled the 41st Annual General Meeting for September 19, 2025.

 

 

Q4 FY25 Earnings Results

• Total Income: ₹274 crore, up 9 percent on the YoY basis.

• Profit After Tax: ₹22 crore, down 21 percent from the same year during the same quarter.

• Shows lower income and profitability compared to Q1 FY26, reflecting seasonal impacts.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.