Introduction:
In the sweltering heat of India’s summer, investors naturally ran toward air conditioner stocks — Voltas, Blue Star, Lloyd — chasing the cold breeze. But while everyone was busy cooling their portfolios with compressors, Vadilal Enterprises silently churned out returns hotter than the sun itself.
Yes, Vadilal Enterprises — the humble ice cream distributor — served up over 100% returns in recent months, and investors who scooped in early are now licking their spoons with glee.
CMP? ₹6,243.
52-week low? ₹3,202.
That’s a doubler, folks. And they didn’t even need dry ice.
🍨 While the Market Was Melting, This Cone Was Compounding
Let’s be honest. When you think “summer rally,” you think power, FMCG, and maybe Havells. Not many expected a deep-freeze dessert dealer to outperform the Nifty. But Vadilal has turned into the Rasmalai of the rally, leaving even the bluest of blue chips feeling soggy.
While Sensex threw a tantrum, tanking 900+ points and acting like a toddler who dropped his popsicle, Vadilal stayed strong like that one kulfi that doesn’t melt in your hand.
📊 The Numbers That Make You Say “Double Scoop, Please”
Here’s a taste of their quarterly performance over the past few months:
| Quarter | Total Revenue (₹ Cr) | Net Profit (₹ Cr) | Operating Margin | EPS (₹) |
|---|---|---|---|---|
| Dec ’24 | 208.3 | 11.9 | 12.53% | 16.6 |
| Sep ’24 | 300.9 | 39 | 20.49% | 54.2 |
| Jun ’24 | 471.2 | 77.4 | 23.82% | 107.7 |
| Mar ’24 | 254.1 | 27.6 | 18.20% | 38.5 |
And if you zoom out a bit…
- Trailing Twelve Month (TTM) Net Profit: ₹156 Cr
- TTM EPS: ₹216.9 😲
That kind of EPS will make even institutional investors go “Acha, ice cream bhi dekh lete hain.”
🔥 The Strategy That Made It Sizzle
So how did this frosty brand end up so hot?
- Smart Distribution: Vadilal Enterprises is the marketing and distribution arm for Vadilal Industries. Think of them as the Zomato of frozen desserts — minus the tech losses.
- Margin Mojo: Operating margins peaked at 23.82% in Jun ‘24 — a number FMCG companies would sell their chutney for.
- Summer Tailwinds: India was basically one big oven this year. While AC makers fought for share-of-wall at Croma, Vadilal just
