Vadilal's profit jumps 149% in Q4. Dividend more than doubles.
The ice-cream maker's Q4 net profit hit ₹54.86 crore. The board recommended a final dividend of ₹43 per share, a 105% increase over last year's ₹21.
What's new
- Consolidated Q4 revenue grew 51% to ₹415.83 crore.
- Q4 net profit jumped 149% to ₹54.86 crore.
- Board recommended a final dividend of ₹43 per share, up 105% from ₹21.
Why this matters
The dividend is the signal. A 105% payout hike is not made on a single good quarter. It implies the company's cash generation has strengthened materially and that management sees the profit growth as repeatable. The full-year results support that view.
What we're watching
- Whether the food segment can sustain its growth momentum in FY27.
- The payout ratio in subsequent quarters to test dividend sustainability.
- Management commentary on the specific drivers behind the 51% revenue surge.
The full read
Vadilal's consolidated Q4 revenue hit ₹415.83 crore, up 51% year-on-year. Net profit surged 149% to ₹54.86 crore. For the full year, the company posted ₹1,503.12 crore in revenue and ₹155.11 crore in profit. But the real headline is the dividend: ₹43 per share, a 105% increase over last year's ₹21. That is not a token gesture. A payout hike of this scale, alongside strong full-year earnings, means the company is confident it can fund both investments and a significantly larger cash return. The profit jump is anchored in the food segment. The dividend suggests management sees this as the new baseline, not a one-off.
Questions answered
- What was the headline Q4 number?
- Consolidated net profit for the quarter ended March 2026 jumped 149% year-on-year to ₹54.86 crore, on revenue of ₹415.83 crore.
- How does the dividend compare to the prior year?
- The board recommended a final dividend of ₹43 per share, a 105% increase over the ₹21 declared for the previous financial year.
- What was the full-year performance?
- For FY26, Vadilal posted consolidated net profit of ₹155.11 crore on total revenue of ₹1,503.12 crore.
- What drove the results?
- The news summary attributes the profit surge to a 'robust performance in the company's core food segment'.