Vadilal's Q1 margin beats FMCG peer median by 8.32 points
The consolidated quarter included Rs 27.25 cr of other income, while net profit came in at Rs 130.91 cr after a 24.61% tax rate.
Filed 12 Aug 2026, 16:57 IST · after market close · Vadilal Industries Ltd (VADILALIND)
Key takeaways
- Vadilal Industries reported consolidated operating profit of Rs 166.18 cr at a 24.44% operating margin in Q1FY27.
- The company reported consolidated net profit of Rs 130.91 cr after Rs 42.73 cr of tax and Rs 27.25 cr of other income.
- Its 24.44% operating margin was 8.32 percentage points above the 16.12% median for 37 reported FMCG peers.
Price around the results
Q1FY27 delivered a 24.44% operating margin
Vadilal Industries reported consolidated revenue of Rs 680.06 cr and operating profit of Rs 166.18 cr for Q1FY27. Net profit was Rs 130.91 cr, with EPS at Rs 182.13. The operating margin gives the quarter a clear profitability lead over the broader FMCG peer set.
Other income supported reported profit
The consolidated results included Rs 27.25 cr of other income alongside profit before tax of Rs 173.64 cr. Interest was Rs 4.44 cr and depreciation was Rs 15.35 cr, before tax of Rs 42.73 cr. The 24.61% tax rate also forms part of the bridge from pre-tax profit to reported net profit.
Margin stood above the reported FMCG peer median
Vadilal's 24.44% operating margin was 8.32 percentage points above the 16.12% median among 37 FMCG companies that had reported the same quarter. It ranked 35th from the bottom on this measure, placing it toward the upper end of the reported peer group. The results were filed after market close on 12 August 2026, so no immediate market reaction is covered.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹680 cr |
| Other income | ₹27 cr |
| Expenses | ₹514 cr |
| Operating profit | ₹166 cr |
| Operating margin (%) | 24.44% |
| Interest | ₹4 cr |
| Depreciation | ₹15 cr |
| Profit before tax | ₹174 cr |
| Tax | ₹43 cr |
| Net profit | ₹131 cr |
| EPS (₹) | ₹182.13 |
Operating margin of 24.44% compares with a Fast Moving Consumer Goods sector median of 16.12% across 37 peers that have reported Q1FY27.
What to watch
- Whether operating margin holds above 24.44% in the next reported quarter.
- Whether other income remains close to Rs 27.25 cr or becomes a smaller part of reported profit.
- Whether the gap over the 16.12% FMCG peer median widens or narrows.