āagman

Not investment advice. Data and computed figures, for information only.

Vesuvius India Ltd

NSE: VESUVIUS
₹412.60
+₹5.85 (+1.44%)
NSE · 15 Oct 2026, close
NSE
As of 31 Dec 2025
Market Cap
₹8,301 Cr
CMP
₹412.60
52-wk High / Low
₹608 / 383
P/E
32.4
P/B
4.7
Book Value
₹86.2
Div Yield
0.37%
ROCE
21.0%
ROE
15.0%
Face Value
₹1
D/E
0.01

Price−18.3% over 1Y

āagman read

Computed by āagman
Derived from 13 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
1
/ 9
1 of 9 F-score tests passed
Graham Number
₹159
√(22.5 × EPS × book value per share)
ROIC
13.2%
vs 12.3% sector median
Cash flow to profit
0.67
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−114
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.2%
ROE × earnings retention ratio
ROE stability
2.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.00DII +0.00
Latest quarter vs the previous one
Cash-accrual divergence
4.4%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 3.7pp over the last year
+PE of 32.4x is below the sector median of 43.6x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Price is 32.1% below its 52-week high
−Piotroski F-Score of 1/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales405413417453462444509482524547551500536
Expenses335331337358371365427399433455457416450
Operating Profit70828095927982839192948487
OPM %17.3%19.9%19.2%21.0%19.9%17.8%16.1%17.2%17.4%16.8%17.1%16.8%16.2%
Other Income887810237108734910
Interest0000000000000
Depreciation891110111213131517171718
Profit before tax708176929090768085831097579
Net Profit52605769676860596362805659
EPS (₹)2.572.972.813.393.323.372.952.923.103.033.952.752.88

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 13 years + TTM
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Jun 2026TTM
Sales6527008229119258877921,0471,3431,6031,8692,104—2,134
Expenses5525746707457777667149471,1781,3141,5181,743—1,778
Operating Profit10112615216714812177100165289350361—356
OPM %15.5%18.0%18.5%18.3%16.0%13.6%9.7%9.6%12.3%18.0%18.7%17.2%—16.7%
Other Income9101392329212023354859—60
Interest011111111242—1
Depreciation192327302827262730364662—69
Profit before tax901121361451421237292157285349356—346
Net Profit5974899493865368117213265264—256
EPS (₹)2.913.634.384.654.564.212.613.355.7510.4913.0313.01—12.61

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Jun 2026Jun 2026
Equity Capital20202020202020202020202020—
Reserves4194775626417177848228769771,1731,4111,6441,728—
Borrowings00000000013131414—
Other Liabilities139147161193188177216292333382402472452—
Total Liabilities5786447438549259811,0581,1881,3311,5891,8472,1502,215—
Fixed Assets132131124113121124120116194316434622628—
CWIP201416382628212738861965247—
Investments0000000000000—
Other Assets4264996037037798299171,0451,0981,1871,2171,4761,540—
Total Assets5786447438549259811,0581,1881,3311,5891,8472,1502,215—

Cash Flows

As of 31 Dec 2025
Standalone · ₹ Cr
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operating Activity65545019195741022712882258177
Cash from Investing Activity−28−21212−310297−503−39−6−37−233−18
Cash from Financing Activity−14−15−15−16−17−17−14−14−16−18−27−30
Net Cash Flow231856177−231354−415−2610628−1130

Ratios

As of 31 Dec 2025
12 periods
Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
ROCE %22.024.025.024.020.016.09.011.017.026.025.021.0
ROE %———————————15.0
EPS (₹)2.913.634.384.654.564.212.613.355.7510.4913.0313.01
Book Value (₹)———————————86.2
Face Value (₹)———————————1
P/E———————————32.4
Div Yield %———————————0.37
NPM %8.910.410.710.29.89.46.56.48.613.013.812.2
OPM %15.018.018.018.016.014.010.010.012.018.019.017.0
D/E0.000.000.000.000.000.000.000.000.000.010.010.01
P/B———————————4.7

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+22.0%
3 years+16.0%
TTM+9.0%
Compounded profit growth
10 years+12.0%
5 years+34.0%
3 years+26.0%
TTM+2.0%
Stock price CAGR
10 years+14.0%
5 years+28.0%
3 years+10.0%
Last year−19.0%
Return on equity
10 years14.0%
5 years15.0%
3 years17.0%
Last year15.0%

Shareholding pattern

As of 31 Mar 2026
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters55.57%55.57%55.57%55.57%55.57%55.57%55.57%55.57%55.57%55.57%55.57%
FIIs6.57%0.45%0.14%1.63%1.89%0.55%0.84%1.57%4.14%4.56%4.56%
DIIs19.90%21.86%21.80%21.65%22.48%25.17%23.30%23.06%20.95%22.03%22.03%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%
Public17.97%22.12%22.49%21.16%20.07%18.71%20.29%19.81%19.34%17.83%17.82%
No. of shareholders12,20312,40712,66213,03713,52214,97316,97522,51728,70133,52533,741
Change since Sep 2023 (pp)
Promoters +0.00FIIs −2.01DIIs +2.13Public −0.15

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Newspaper PublicationClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Change in ManagementAnnouncement under Regulation 30 (LODR)-Newspaper PublicationBoard Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
Annual reports
Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021
Credit ratings
Rating update
Concalls
May 2026TranscriptMay 2026RecordingNov 2024TranscriptMay 2023Transcript

Corporate actions

As of 30 Apr 2026
30 Apr 2026DIVIDENDDividend - Rs 1.50 Per Share—
10 Jun 2025SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share10 : 1
30 Apr 2025DIVIDENDDividend - Rs 14.50 Per Share—
10 Apr 2024DIVIDENDDividend - Rs 12.75 Per Share—
26 Apr 2023DIVIDENDInterim Dividend - Rs 8.25 Per Share—
28 Apr 2022DIVIDENDDividend - Rs 8 Per Share—
19 Apr 2021DIVIDEND Dividend - Rs 7 Per Share—
17 Sep 2020DIVIDEND Dividend - Rs 7 Per Share—
16 Apr 2019DIVIDEND Dividend - Rs 7 Per Share—
28 Mar 2018DIVIDEND Dividend - Rs 6.75 Per Share—
4 May 2017DIVIDEND Dividend - Rs 6.50 Per Share—
26 Apr 2016DIVIDEND Dividend - Rs 6.25/- Per Share—
27 Apr 2015DIVIDENDAnnual General Meeting / Final Dividend - Rs 6/- Per Share—
17 Apr 2014DIVIDENDAnnual General Meeting / Dividend Rs. 4.75/- Per Share—
6 Mar 2014DIVIDENDAnniversary Special Dividend Re.1/- Per Share—
16 Apr 2013DIVIDENDAnnual General Meeting/ Dividend Rs. 4.50 Per Share—
17 Apr 2012DIVIDENDDividend Rs 4.25 Per Share—
8 Apr 2011DIVIDENDDividend - Rs. 4.00 Per Share—
16 Apr 2010DIVIDENDDividend-Rs.3.75 Pr Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman