Is Veedol Corporation the Best Stock in Its Sector? A Look at the Numbers

Is Veedol Corporation the best stock in its sector? The stock trades on the NSE at Rs 1,364 as of 09 October 2026, within its 52-week range of Rs 1,238.20 to Rs 1,963.80. Veedol Corporation Ltd (formerly Tide Water Oil Company) sells lubricants in more than 65 countries under the Veedol brand, which dates to 1928.

Veedol Corporation sits in the Chemicals sector, and its 18.50% ROE and 10.75x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

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About Veedol Corporation

Veedol Corporation Ltd (formerly Tide Water Oil Company) sells lubricants in more than 65 countries under the Veedol brand, which dates to 1928. Promoter Andrew Yule sold about 2 percent through an offer for sale in June 2025. The stock trades about 31 percent below its 52-week high and about 10 percent above its 52-week low. At a market capitalisation of Rs 2,364 Cr, it is tracked as part of the Chemicals sector on Univest.

Is Veedol Corporation the Best Stock in Its Sector?

Veedol Corporation makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 18.50% ROE with a 10.75x P/E against the sector's 36.60x Industry P/E. Veedol Corporation's 10.75x P/E is less than a third of the 36.60x Industry P/E with an 18.50% ROE and almost no debt, but an 8.34% dividend yield may include a special payout and should not be assumed to recur.

Metric	Veedol Corporation
CMP (NSE)	Rs 1,363.80
52-Week High / Low	Rs 1,963.80 / Rs 1,238.20
Market Cap	Rs 2,364 Cr
P/E (TTM) vs Industry P/E	10.75x vs 36.60x
P/B	2.28
ROE	18.50%
EPS (TTM)	Rs 126.19
Dividend Yield	8.34%
Debt to Equity	0.02

Compare Veedol Corporation Against Other Chemicals Sector Stocks

How Veedol Corporation Compares Against Its Chemicals Sector Peers

The table below sets Veedol Corporation against 2 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Veedol Corporation	2,364	10.75	18.50%	0.02
Castrol India	19,392	18.25	55.65%	0.03
Gulf Oil Lubricants India	5,395	14.56	22.63%	0.37
Peer average (2 companies)	-	16.41	39.14%	0.20

Against this peer set, Veedol Corporation's 18.50% ROE is below the 39.14% peer average, and its P/E of 10.75x runs below the peer average of 16.41x. Veedol Corporation's 10.75x P/E is less than a third of the 36.60x Industry P/E with an 18.50% ROE and almost no debt, but an 8.34% dividend yield may include a special payout and should not be assumed to recur.

What Makes Veedol Corporation Worth Watching in Chemicals

• Low P/E, strong ROE: A 10.75x P/E against a 36.60x Industry P/E pairs with an 18.50% ROE.
• Large dividend yield: An 8.34% yield is high and may include a special payout, so recurrence is not guaranteed.
• Global brand reach: Sales in more than 65 countries diversify the lubricant business.

Veedol Corporation Valuation: Is It Justified?

Veedol Corporation's 10.75x P/E is less than a third of the 36.60x Industry P/E with an 18.50% ROE and almost no debt, but an 8.34% dividend yield may include a special payout and should not be assumed to recur. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Total Transport Systems the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Veedol Corporation and other Chemicals sector stocks.

How to Track Veedol Corporation Before You Invest

Before deciding whether Veedol Corporation deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.

1. Open the Univest Screener and search for Veedol Corporation to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
2. Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Veedol Corporation earns a place in the best stock in its sector conversation on the strength of a 18.50% ROE and a P/E of 10.75x against a 36.60x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Veedol Corporation the best stock in its sector?

Ans. Veedol Corporation has a 18.50% ROE and trades at 10.75x P/E against a 36.60x Industry P/E, and compares below the peer average ROE of 39.14% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Veedol Corporation?

Ans. Veedol Corporation was trading at Rs 1,363.80 on the NSE as of 09 October 2026, within its 52-week range of Rs 1,238.20 to Rs 1,963.80.

What sector does Veedol Corporation belong to?

Ans. Veedol Corporation is classified under the Chemicals sector on Univest.

How does Veedol Corporation compare to its sector peers on P/E?

Ans. Veedol Corporation's P/E of 10.75x is below the 16.41x average of the 2 named peers compared in this article.

What is Veedol Corporation's return on equity?

Ans. Veedol Corporation reported a return on equity of 18.50%, which is below the 39.14% average of its named peers in this comparison.

Should I invest in Veedol Corporation based on its sector position?

Ans. Veedol Corporation's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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