💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Veedol Corporation Limited, formerly Tide Water Oil Co. (India) Ltd., owner of the brand Veedol, is a manufacturer and marketer of lubricants in over 70 countries around the globe. The Veedol range of products includes high-performance engine oils for passenger cars,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
An exceptional, steadily growing business, trading cheap versus its own history.
Tide Water Oil is scored on the general / industrial framework. It keeps a slim 8.8% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.01×). It throws off free cash worth 10.1% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 5%/yr and profit at 19%/yr. Book value has grown 11%/yr. Return on equity is an elite 20.2%. In the latest quarter profit grew 36% versus the prior quarter.
At 12× earnings, the stock sits at the 4th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~0%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 10.48 | 9.23 | worse |
| P/B | 2.12 | 2.81 | better |
| EV/EBITDA | 7.15 | 6.24 | worse |
| ROE | 20.21 | 25.66 | worse |
| ROCE | 24.09 | 32.68 | worse |
| ROA | 14.59 | 18.9 | worse |
| Quick Ratio | 1.94 | 1.75 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
Revenue has grown every year across all 4 financial years shown. 5% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (19% vs 5%) — margin expansion is at work.
Operating margin has expanded from 8% to 11% — the business is keeping more of each rupee earned.
ROE at 19% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. 19% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 16% above earlier ones.
Profit jumped 36% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (8% → 13%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 64.6% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.