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:

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 chilled in kirana shops, freezers humming, as mango kulfi walked off the shelves.
• Zero Hype Factor: The best part? No flashy social media campaigns, no “founder TED Talk,” no Shark Tank pitch. Just good old-fashioned cold stuff moving off racks.

🤖 While Other Stocks Used AI, Vadilal Used Ice

Let’s face it — 2025 has been the year of buzzwords: GenAI, electric mobility, green hydrogen, and FMCG companies pretending they’re tech startups. Meanwhile, Vadilal focused on the basics:

• Make ice cream.
• Distribute it efficiently.
• Don’t screw it up.

And guess what? It worked. While unicorns were being downgraded to donkeys, Vadilal was raking in profits like it’s 1999.

📉 When Market Was Having a Meltdown… Ice Cream Didn’t

This week, the market slipped on a metaphorical banana peel:

• Sensex fell 900+ points.
• Smallcaps looked like a scene from Titanic.
• Investors flocked to gold, GPay, and God.

But Vadilal? Hitting upper circuits like it’s a Holi bash.

😂 Twitter Reactions That Tell You Everything

“AC stocks cooled off, ice cream stocks heated up. Is this Inception?”
— @SamosaTrader

“Vadilal ka stock dekh kar meri bhi hawa nikal gayi… should’ve gone long on kulfi.”
— @OptionWaleUncle

“My portfolio is melting, but Vadilal’s profit margin isn’t.”
— @MutualFundMummy

🧐 But Is It Still Worth a Bite at ₹6,243?

Let’s sprinkle some skepticism.

• Valuation: At ₹6,243, TTM P/E is nearly 29 — not outrageous, but definitely creamy.
• Low Liquidity: Vadilal Enterprises isn’t traded like HUL. Blink, and the circuit gets hit.
• Seasonality: Q1 and Q2 are its best quarters. You don’t sell kulfi in December unless you’re crazy or live in Mumbai.

But for long-term believers, there’s something sweet here: rising rural demand, cold chain expansion, and middle-class India’s never-ending love affair with dessert.

🍧 Conclusion: The Real Summer Multibagger Was in Your Freezer

While AC stocks huffed and puffed, Vadilal stayed quiet, sneaky, and scooped up returns like it was no big deal.

The lesson? Sometimes the real alpha isn’t in the flashy sectors — it’s in the freezer section of D-Mart.

So the next time your broker says, “Buy the dip,” ask him:
“Bro, you mean chocolate chip?”