About Vijay Solvex Limited
Data last updated:
Vijay Solvex Limited is a public limited company based in Alwar, Rajasthan, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 29 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L15142RJ1987PLC004232. Its GSTIN is 08AAACV6864A1ZD (Rajasthan). It is a listed company as per MCA records. Its shares are listed on BSE: 531069 and NSE: VIJSOLX.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.2 Cr. It is led by directors including Vijay Data (Managing Director) and Daya Kishan Data (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bhagwati Sadan Swami Dayanandmarg Station Road, Alwar, Rajasthan, India – 301001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,366.23 Cr, a growth of 29.3% compared to the previous year. For the same year it recorded a net profit of ₹19.3 Cr (net margin 0.8%) and EBITDA of ₹32.88 Cr (EBITDA margin 1.4%). The net worth stands at ₹352.62 Cr (up 3.2% YoY). Total assets are valued at ₹420.48 Cr (up 11.4% YoY).
The company has about 347 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vijay Solvex Limited and Data Oil. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹197.13 Cr on record. Court records list 298 cases involving the company, including 168 filed by the company and 130 filed against it; 49 cases are pending. The company has 1 deal on record (1 market trade); the latest was in March 2016. Its 7 peer companies in the Cleantech industry (Crockery and Utensils Manufacturers, Edible Oils, Power Equipment Manufacturers), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 5 larger and 2 smaller; the largest is Maharashtra Oil Extractions Limited with revenue of ₹1,902.22 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijaysolvex.com.
Company details
Contact details
Vijay Solvex Limited's registered office is in Alwar, Rajasthan. Its website is vijaysolvex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhagwati Sadan Swami Dayanandmarg Station Road, Alwar, Rajasthan, India – 301001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Vijay Solvex Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vijay Solvex operates two associated brands: Vijay Solvex Limited and Data Oil. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Edible oils, bone china ceramics, and high-tension insulators are manufactured. | vijaysolvex.com | |
| Edible cooking oils are manufactured and marketed by Data Group. | dataoils.com |
Business activity
The main business activities of Vijay Solvex are manufacturing and trade. In detail, this covers food, beverages and tobacco products, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vijay Solvex Limited, buy the company report.
Financials of Vijay Solvex Limited
FY 2025-26 filings availableVijay Solvex Limited reported revenue of ₹2,366.23 Cr (up 29.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,366 | 1,831 | 1,829 | 2,430 | 2,716 | 2,070 | 1,448 |
| Revenue growth | +29.3% | +0.1% | -24.7% | -10.5% | +31.2% | +43.0% | - |
| EBITDA | 32.88 | 26.66 | 4.32 | 20.91 | 71.67 | 78.46 | 35.54 |
| EBITDA margin | +1.4% | +1.5% | +0.2% | +0.9% | +2.6% | +3.8% | +2.5% |
| Profit before tax | 26.03 | 22.49 | 4.05 | 22.30 | 76.20 | 89.03 | 27.46 |
| Net profit | 19.30 | 18.35 | 2.83 | 16.94 | 57.40 | 66.72 | 20.57 |
| Net profit margin | +0.8% | +1.0% | +0.2% | +0.7% | +2.1% | +3.2% | +1.4% |
| EPS (₹) | 60.29 | 57.56 | 9.18 | 53.12 | 179.31 | 208.56 | 64.58 |
| Balance sheet | |||||||
| Total assets | 420 | 378 | 335 | 360 | 476 | 360 | 245 |
| Net worth | 353 | 342 | 323 | 320 | 326 | 241 | 157 |
| Total debt | 65.10 | 33.05 | 9.22 | 37.59 | 148 | 116 | 85.29 |
| Cash & bank | 53.97 | 94.07 | 97.50 | 52.24 | 151 | 81.24 | 72.35 |
| Net working capital | 271 | 227 | 188 | 168 | 325 | 244 | 153 |
| Cash flow | |||||||
| Cash from operations | (61.35) | (22.32) | 30.78 | 70.84 | 40.68 | (22.00) | 45.53 |
| Cash from investing | 4.45 | 29.24 | 1.24 | (54.35) | 74.10 | (58.01) | (5.50) |
| Cash from financing | 26.31 | 20.60 | (32.11) | (113) | 28.07 | 28.58 | (4.78) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 622 | 685 | 605 | 615 | 460 | 476 | 544 | 432 |
| Revenue growth (YoY) | +35.2% | +43.9% | +11.2% | +42.5% | +21.7% | - | - | - |
| Other income | 0.14 | 0.24 | 0.43 | 3.01 | 0.16 | 0.23 | 0.32 | 0.95 |
| EBITDA | 8.74 | 13.59 | 7.99 | 8.67 | 2.63 | 7.14 | 11.40 | 5.74 |
| EBITDA margin | +1.4% | +2.0% | +1.3% | +1.4% | +0.6% | +1.5% | +2.1% | +1.3% |
| Depreciation | 0.74 | 0.74 | 0.70 | 0.66 | 0.65 | 0.79 | 0.62 | 0.61 |
| Interest | 0.57 | 3.47 | 0.60 | 3.18 | 0.69 | 2.18 | 1.13 | 0.23 |
| Profit before tax | 7.57 | 9.62 | 7.12 | 7.84 | 1.45 | 4.40 | 9.97 | 5.85 |
| Tax | 1.99 | 2.83 | 1.74 | 1.75 | 0.40 | 1.61 | 2.50 | (0.37) |
| Net profit | 5.58 | 6.79 | 5.38 | 6.09 | 1.05 | 2.79 | 7.47 | 6.22 |
| EPS (₹) | 17.44 | 21.19 | 16.78 | 19.02 | 3.30 | 8.75 | 23.35 | 19.44 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,366 | 1,831 | 1,829 | 2,430 | 2,716 | 2,070 | 1,448 |
| Revenue growth | +29.3% | +0.1% | -24.7% | -10.5% | +31.2% | +43.0% | - |
| EBITDA | 32.88 | 26.65 | 4.31 | 20.90 | 71.67 | 78.46 | 35.55 |
| EBITDA margin | +1.4% | +1.5% | +0.2% | +0.9% | +2.6% | +3.8% | +2.5% |
| Profit before tax | 25.53 | 22.42 | 3.45 | 20.32 | 72.94 | 86.53 | 27.32 |
| Net profit | 18.80 | 18.28 | 2.23 | 14.97 | 54.14 | 64.22 | 20.43 |
| Net profit margin | +0.8% | +1.0% | +0.1% | +0.6% | +2.0% | +3.1% | +1.4% |
| EPS (₹) | 58.71 | 57.39 | 7.35 | 46.95 | 169.12 | 200.73 | 64.09 |
| Balance sheet | |||||||
| Total assets | 389 | 338 | 296 | 321 | 416 | 331 | 234 |
| Net worth | 321 | 302 | 284 | 281 | 266 | 212 | 147 |
| Total debt | 65.10 | 33.05 | 9.22 | 37.59 | 148 | 116 | 85.29 |
| Cash & bank | 53.97 | 94.07 | 97.50 | 52.24 | 151 | 81.24 | 72.35 |
| Net working capital | 271 | 227 | 188 | 168 | 325 | 245 | 154 |
| Cash flow | |||||||
| Cash from operations | (61.35) | (22.32) | 30.78 | 70.84 | 40.68 | (22.00) | 47.39 |
| Cash from investing | 4.45 | 29.24 | 1.24 | (54.35) | 74.10 | (58.01) | (5.50) |
| Cash from financing | 26.31 | 20.60 | (32.11) | (113) | 28.07 | 28.58 | (6.64) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 622 | 685 | 605 | 615 | 460 | 476 | 544 | 432 |
| Revenue growth (YoY) | +35.2% | +43.9% | +11.2% | +42.5% | +21.7% | - | - | - |
| Other income | 0.14 | 0.02 | 0.28 | 2.91 | 0.13 | 0.23 | 0.21 | 0.85 |
| Total expenses | 614 | 672 | 597 | 607 | 458 | 468 | 533 | 426 |
| EBITDA | 8.74 | 13.59 | 7.99 | 8.67 | 2.63 | 8.26 | 11.40 | 5.74 |
| EBITDA margin | +1.4% | +2.0% | +1.3% | +1.4% | +0.6% | +1.7% | +2.1% | +1.3% |
| Depreciation | 0.74 | 0.74 | 0.70 | 0.66 | 0.65 | 0.79 | 0.62 | 0.61 |
| Interest | 0.57 | 3.47 | 0.60 | 3.18 | 0.69 | 2.18 | 1.13 | 0.23 |
| Profit before tax | 7.57 | 9.40 | 6.97 | 7.74 | 1.42 | 5.52 | 9.86 | 5.75 |
| Tax | 1.99 | 2.83 | 1.74 | 1.75 | 0.40 | 1.61 | 2.50 | (0.37) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 622 | 685 | 605 | 615 | 460 | 476 | 544 | 432 |
| Revenue growth (YoY) | +35.2% | +43.9% | +11.2% | +42.5% | +21.7% | - | - | - |
| Other income | 0.14 | 0.24 | 0.43 | 3.01 | 0.16 | 0.23 | 0.32 | 0.95 |
| EBITDA | 8.74 | 13.59 | 7.99 | 8.67 | 2.63 | 7.14 | 11.40 | 5.74 |
| EBITDA margin | +1.4% | +2.0% | +1.3% | +1.4% | +0.6% | +1.5% | +2.1% | +1.3% |
| Depreciation | 0.74 | 0.74 | 0.70 | 0.66 | 0.65 | 0.79 | 0.62 | 0.61 |
| Interest | 0.57 | 3.47 | 0.60 | 3.18 | 0.69 | 2.18 | 1.13 | 0.23 |
| Profit before tax | 7.57 | 9.62 | 7.12 | 7.84 | 1.45 | 4.40 | 9.97 | 5.85 |
| Tax | 1.99 | 2.83 | 1.74 | 1.75 | 0.40 | 1.61 | 2.50 | (0.37) |
| Net profit | 5.58 | 6.79 | 5.38 | 6.09 | 1.05 | 2.79 | 7.47 | 6.22 |
| EPS (₹) | 17.44 | 21.19 | 16.78 | 19.02 | 3.30 | 8.75 | 23.35 | 19.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,366 | 1,831 | 1,829 | 2,430 | 2,716 | 2,070 | 1,448 |
| Revenue growth | +29.3% | +0.1% | -24.7% | -10.5% | +31.2% | +43.0% | - |
| Other income | 3.84 | 1.93 | 3.29 | 8.11 | 11.19 | 8.27 | 2.02 |
| Total expenses | 2,333 | 1,804 | 1,825 | 2,409 | 2,644 | 1,991 | 1,412 |
| Employee cost | 0.00 | 22.80 | 23.01 | 20.19 | 18.91 | 17.96 | 17.65 |
| EBITDA | 32.88 | 26.66 | 4.32 | 20.91 | 71.67 | 78.46 | 35.54 |
| EBITDA margin | +1.4% | +1.5% | +0.2% | +0.9% | +2.6% | +3.8% | +2.5% |
| Depreciation | 2.74 | 2.62 | 2.55 | 2.49 | 2.33 | 2.18 | 2.05 |
| Interest | 7.95 | 3.48 | 1.01 | 4.23 | 4.33 | (4.48) | 8.05 |
| Profit before tax | 26.03 | 22.49 | 4.05 | 22.30 | 76.20 | 89.03 | 27.46 |
| Tax | 6.73 | 4.06 | 1.13 | 5.29 | 18.80 | 22.26 | 6.79 |
| Net profit | 19.30 | 18.35 | 2.83 | 16.94 | 57.40 | 66.72 | 20.57 |
| Net profit margin | +0.8% | +1.0% | +0.2% | +0.7% | +2.1% | +3.2% | +1.4% |
| EPS (₹) | 60.29 | 57.56 | 9.18 | 53.12 | 179.31 | 208.56 | 64.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 |
| Reserves & surplus | 349 | 338 | 319 | 316 | 323 | 238 | 154 |
| Shareholders' funds (net worth) | 353 | 342 | 323 | 320 | 326 | 241 | 157 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 65.09 | 33.00 | 9.13 | 37.46 | 127 | 105 | 83.89 |
| Unsecured loans | 0.01 | 0.05 | 0.09 | 0.13 | 20.80 | 11.12 | 1.40 |
| Total debt | 65.10 | 33.05 | 9.22 | 37.59 | 148 | 116 | 85.29 |
| Total liabilities | 420 | 378 | 335 | 360 | 476 | 360 | 245 |
| Assets | |||||||
| Gross block | 102 | 88.12 | 83.33 | 68.06 | 68.15 | 64.65 | 60.16 |
| Net block | 48.50 | 37.56 | 35.23 | 22.42 | 23.65 | 22.32 | 19.98 |
| Capital work in progress | 1.11 | 10.68 | 10.33 | 15.47 | 9.52 | 9.74 | 11.24 |
| Investments | 100 | 103 | 103 | 103 | 117 | 82.75 | 60.70 |
| Inventories | 186 | 115 | 68.40 | 76.47 | 131 | 100 | 32.95 |
| Sundry debtors | 30.60 | 25.00 | 20.63 | 41.32 | 47.73 | 41.71 | 34.46 |
| Cash & bank balances | 53.97 | 94.07 | 97.50 | 52.24 | 151 | 81.24 | 72.35 |
| Loans & advances | 36.19 | 23.02 | 34.41 | 36.55 | 30.08 | 67.73 | 48.87 |
| Total current assets | 307 | 257 | 221 | 207 | 360 | 291 | 189 |
| Total current liabilities | 35.71 | 30.60 | 33.41 | 38.97 | 35.11 | 46.53 | 35.77 |
| Net working capital | 271 | 227 | 188 | 168 | 325 | 244 | 153 |
| Total assets | 420 | 378 | 335 | 360 | 476 | 360 | 245 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 74.07 | 46.54 | 46.64 | 143 | 0.58 | 52.01 | 16.76 |
| Net cash from operating activities | (61.35) | (22.32) | 30.78 | 70.84 | 40.68 | (22.00) | 45.53 |
| Net cash from investing activities | 4.45 | 29.24 | 1.24 | (54.35) | 74.10 | (58.01) | (5.50) |
| Net cash from financing activities | 26.31 | 20.60 | (32.11) | (113) | 28.07 | 28.58 | (4.78) |
| Net change in cash | (30.60) | 27.53 | (0.10) | (96.79) | 143 | (51.43) | 35.25 |
| Closing cash | 53.97 | 94.07 | 97.50 | 52.24 | 151 | 81.24 | 72.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +29.3% | +0.1% | -24.7% | -10.5% | +31.2% | +43.0% | - |
| EBITDA growth | +23.3% | +517.1% | -79.3% | -70.8% | -8.7% | +120.8% | - |
| PBT growth | +15.7% | +455.3% | -81.8% | -70.7% | -14.4% | +224.2% | +42.8% |
| Net income growth | +5.2% | +548.4% | -83.3% | -70.5% | -14.0% | +224.4% | - |
| Revenue CAGR (3Y) | -0.9% | -12.3% | -4.0% | +18.8% | +30.4% | +33.1% | +31.5% |
| EBITDA CAGR (3Y) | +16.3% | -28.1% | -62.0% | -16.2% | +40.7% | +57.2% | +30.7% |
| Profitability & leverage | |||||||
| Net income margin | +0.8% | +1.0% | +0.2% | +0.7% | +2.1% | +3.2% | +1.4% |
| Return on capital employed | - | +7.3% | +1.5% | +6.4% | +19.3% | +28.0% | +15.4% |
| Return on net worth | - | +5.6% | +0.9% | +5.3% | +20.3% | +33.6% | +14.2% |
| Debt / equity | - | 0.06 | 0.07 | 0.29 | 0.47 | 0.51 | 0.57 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 26.38 | 14.48 | 57.06 | 22.96 | 6.24 | -5.87 | 24.04 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 21.36 | 24.17 | 35.68 | 40.90 | 33.16 | 24.90 |
| Inventory turnover | - | 19.93 | 25.25 | 23.45 | 23.50 | 31.06 | 35.05 |
| Debtors turnover | - | 80.24 | 59.06 | 54.58 | 60.72 | 54.34 | 35.89 |
| EPS (₹) | 60.29 | 57.56 | 9.18 | 53.12 | 179.31 | 208.56 | 64.58 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 1,067.30 | 1,007.81 | 998.09 | 1,017.82 | 753.21 | 490.20 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 622 | 685 | 605 | 615 | 460 | 476 | 544 | 432 |
| Revenue growth (YoY) | +35.2% | +43.9% | +11.2% | +42.5% | +21.7% | - | - | - |
| Other income | 0.14 | 0.02 | 0.28 | 2.91 | 0.13 | 0.23 | 0.21 | 0.85 |
| Total expenses | 614 | 672 | 597 | 607 | 458 | 468 | 533 | 426 |
| EBITDA | 8.74 | 13.59 | 7.99 | 8.67 | 2.63 | 8.26 | 11.40 | 5.74 |
| EBITDA margin | +1.4% | +2.0% | +1.3% | +1.4% | +0.6% | +1.7% | +2.1% | +1.3% |
| Depreciation | 0.74 | 0.74 | 0.70 | 0.66 | 0.65 | 0.79 | 0.62 | 0.61 |
| Interest | 0.57 | 3.47 | 0.60 | 3.18 | 0.69 | 2.18 | 1.13 | 0.23 |
| Profit before tax | 7.57 | 9.40 | 6.97 | 7.74 | 1.42 | 5.52 | 9.86 | 5.75 |
| Tax | 1.99 | 2.83 | 1.74 | 1.75 | 0.40 | 1.61 | 2.50 | (0.37) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,366 | 1,831 | 1,829 | 2,430 | 2,716 | 2,070 | 1,448 |
| Revenue growth | +29.3% | +0.1% | -24.7% | -10.5% | +31.2% | +43.0% | - |
| Other income | 3.34 | 1.87 | 2.70 | 6.14 | 7.93 | 5.77 | 1.87 |
| Total expenses | 2,333 | 1,804 | 1,825 | 2,409 | 2,644 | 1,991 | 1,412 |
| Employee cost | 0.00 | 22.80 | 23.01 | 20.19 | 18.91 | 17.96 | 17.65 |
| EBITDA | 32.88 | 26.65 | 4.31 | 20.90 | 71.67 | 78.46 | 35.55 |
| EBITDA margin | +1.4% | +1.5% | +0.2% | +0.9% | +2.6% | +3.8% | +2.5% |
| Depreciation | 2.74 | 2.62 | 2.55 | 2.49 | 2.33 | 2.18 | 2.05 |
| Interest | 7.95 | 3.48 | 1.01 | 4.23 | 4.33 | (4.48) | 8.05 |
| Profit before tax | 25.53 | 22.42 | 3.45 | 20.32 | 72.94 | 86.53 | 27.32 |
| Tax | 6.73 | 4.06 | 1.13 | 5.29 | 18.80 | 22.26 | 6.79 |
| Net profit | 18.80 | 18.28 | 2.23 | 14.97 | 54.14 | 64.22 | 20.43 |
| Net profit margin | +0.8% | +1.0% | +0.1% | +0.6% | +2.0% | +3.1% | +1.4% |
| EPS (₹) | 58.71 | 57.39 | 7.35 | 46.95 | 169.12 | 200.73 | 64.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 |
| Reserves & surplus | 318 | 299 | 281 | 278 | 263 | 209 | 144 |
| Shareholders' funds (net worth) | 321 | 302 | 284 | 281 | 266 | 212 | 147 |
| Secured loans | 65.09 | 33.00 | 9.13 | 37.46 | 127 | 105 | 83.89 |
| Unsecured loans | 0.01 | 0.05 | 0.09 | 0.13 | 20.80 | 11.12 | 1.40 |
| Total debt | 65.10 | 33.05 | 9.22 | 37.59 | 148 | 116 | 85.29 |
| Total liabilities | 389 | 338 | 296 | 321 | 416 | 331 | 234 |
| Assets | |||||||
| Gross block | 102 | 88.12 | 83.33 | 68.06 | 68.24 | 64.65 | 60.22 |
| Net block | 48.50 | 37.56 | 35.23 | 22.42 | 23.66 | 22.32 | 19.98 |
| Capital work in progress | 1.11 | 10.68 | 10.33 | 15.47 | 9.52 | 9.74 | 11.24 |
| Investments | 68.83 | 63.94 | 64.33 | 64.71 | 57.56 | 52.63 | 49.48 |
| Inventories | 186 | 115 | 68.40 | 76.47 | 131 | 100 | 32.95 |
| Sundry debtors | 30.60 | 25.00 | 20.63 | 41.32 | 47.73 | 41.71 | 34.46 |
| Cash & bank balances | 53.97 | 94.07 | 97.50 | 52.24 | 151 | 81.24 | 72.35 |
| Loans & advances | 36.19 | 23.02 | 34.41 | 36.55 | 30.08 | 68.46 | 49.92 |
| Total current assets | 307 | 257 | 221 | 207 | 360 | 292 | 190 |
| Total current liabilities | 35.71 | 30.60 | 33.41 | 38.97 | 35.11 | 46.53 | 35.77 |
| Net working capital | 271 | 227 | 188 | 168 | 325 | 245 | 154 |
| Total assets | 389 | 338 | 296 | 321 | 416 | 331 | 234 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 74.07 | 46.54 | 46.64 | 143 | 0.58 | 52.01 | 16.76 |
| Net cash from operating activities | (61.35) | (22.32) | 30.78 | 70.84 | 40.68 | (22.00) | 47.39 |
| Net cash from investing activities | 4.45 | 29.24 | 1.24 | (54.35) | 74.10 | (58.01) | (5.50) |
| Net cash from financing activities | 26.31 | 20.60 | (32.11) | (113) | 28.07 | 28.58 | (6.64) |
| Net change in cash | (30.60) | 27.53 | (0.10) | (96.79) | 143 | (51.43) | 35.25 |
| Closing cash | 53.97 | 94.07 | 97.50 | 52.24 | 151 | 81.24 | 72.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +29.3% | +0.1% | -24.7% | -10.5% | +31.2% | +43.0% | - |
| EBITDA growth | +23.4% | +518.3% | -79.4% | -70.8% | -8.7% | +120.7% | - |
| PBT growth | +13.9% | +549.9% | -83.0% | -72.1% | -15.7% | +216.7% | +42.1% |
| Net income growth | +2.8% | +719.7% | -85.1% | -72.4% | -15.7% | +214.3% | - |
| Revenue CAGR (3Y) | -0.9% | -12.3% | -4.0% | +18.8% | +30.4% | +33.1% | +28.2% |
| EBITDA CAGR (3Y) | +16.3% | -28.1% | -62.0% | -16.2% | +40.7% | +57.2% | +31.0% |
| Profitability & leverage | |||||||
| Net income margin | +0.8% | +1.0% | +0.1% | +0.6% | +2.0% | +3.1% | +1.4% |
| Return on capital employed | - | +8.2% | +1.5% | +6.7% | +20.7% | +29.0% | +16.0% |
| Return on net worth | - | +6.3% | +0.8% | +5.5% | +22.7% | +35.9% | +15.0% |
| Debt / equity | - | 0.07 | 0.08 | 0.34 | 0.55 | 0.56 | 0.60 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Interest cover | 26.38 | 14.48 | 57.39 | 22.98 | 6.24 | -5.87 | 24.03 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 21.36 | 24.17 | 35.68 | 40.90 | 33.15 | 24.88 |
| Inventory turnover | - | 19.93 | 25.25 | 23.45 | 23.50 | 31.06 | 35.05 |
| Debtors turnover | - | 80.24 | 59.06 | 54.58 | 60.72 | 54.34 | 35.89 |
| EPS (₹) | 58.71 | 57.39 | 7.35 | 46.95 | 169.12 | 200.73 | 64.09 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 944.82 | 887.54 | 878.98 | 832.10 | 661.42 | 458.33 |
To see the full year-wise statements and ratios of Vijay Solvex Limited, buy the company report.
Board of directors of Vijay Solvex Limited
Vijay Solvex has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Data Also directs: Narayana Krishi Farm Private Limited, Bhagwati Agro Products Private Limited, Vijay Agro Mills Pvt Ltd and 5 more | Managing Director | 29 Dec 1987 | 38 Years 9 Months | Current |
| Daya Kishan Data Also directs: Bhagwati Agro Products Private Limited, Vijay Agro Mills Pvt Ltd, Vijay International Private Limited and 5 more | Whole-Time Director | 29 Dec 1987 | 38 Years 9 Months | Current |
| Ram Prakash Mahawar | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Vineet Jain | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Sachin Gupta | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Manish Jain | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Vijay Solvex Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Crockery and Utensils Manufacturers, Edible Oils, Power Equipment Manufacturers), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijay Solvex Limitedthis company | ₹2,366.23 Cr (FY 2026) | ₹19.3 Cr | 0.8% | 29.3% | 347 | Alwar, Rajasthan, India |
| Maharashtra Oil Extractions Limited | ₹1,902.22 Cr (FY 2025) | 8.0% | Dhule, Maharashtra, India | |||
| Adm Agro Industries Latur & Vizag Private Limited | ₹1,897.1 Cr (FY 2023) | -4.0% | Latur, Maharashtra, India | |||
| Vippy Industries Limited | ₹1,867.11 Cr (FY 2025) | -6.0% | Dewas, Madhya Pradesh, India | |||
| Dhanuka Soya Private Limited | ₹1,854.15 Cr (FY 2025) | 31.0% | Neemuch, Madhya Pradesh, India | |||
| B. R. Oil Industries Private Limited | ₹1,837.86 Cr (FY 2024) | -1.0% | Morena, Madhya Pradesh, India | |||
| Desai Brothers Ltd | ₹1,799.19 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India | |||
| Tirumalla Oil Refinery Private Limited | ₹1,776.57 Cr (FY 2021) | 22.0% | Panvel, Maharashtra, India |
To see the full peer comparison of Vijay Solvex Limited, buy the company report.
Auditor
Vijay Solvex Limited is audited by AGGARWAL DATTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL DATTA & CO. | FY 2023 | 024788C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 69.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.60% | 69.00% | 69.00% | 69.00% |
| Public | 30.40% | 31.00% | 31.00% | 31.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2022 | 100567990 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 06 Jul 1993 | 80002027 | State Bank of India | ₹10 Cr | Open | |
| 20 Jun 2023 | 100735546 | State Bank of India | ₹22.5 Cr | Satisfied | |
| 17 Oct 2020 | 100382386 | State Bank of India | ₹36 Cr | Satisfied | |
| 17 Sep 2020 | 100374319 | State Bank of India | ₹8.5 Cr | Satisfied |
To see the full charge records of Vijay Solvex Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Vijay Solvex Limited has 1 deal on record (1 market trade); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Market trade | ₹51.2 Lakh | Buyer: Bhagwati Agro Products Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vijay Solvex Limited has 298 court cases on record: 168 filed by Vijay Solvex, 130 filed against it. 49 cases are pending and 249 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 222 | 89 | 38 |
| District courts | 50 | 28 | 9 |
| Supreme Court | 26 | 13 | 2 |
Cases on record (5 of 298)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company by M/S Deepak Vegpro Private Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan State Industrial Development and Investment Corporation Limited (Riico) and 2 others | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Saurabh Agrotech Pvt. Ltd. | Pending |
| High Court | Court case (CCP) | Filed by the company against Saurabh Agrotech Pvt. Ltd. and 4 others | Pending |
| District court, Alwar, Rajasthan | Execution petition | Filed by the company against Ms. Wind World India Ltd. | Pending |
To see the full case history of Vijay Solvex Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Vijay Solvex Limited was last rated by Care on 08 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Feb 2022 |
To see the full credit ratings and regulatory alerts of Vijay Solvex Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vijay Solvex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vijay Solvex has 6 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Vijay Solvex Limited has a workforce of 347 employees on its EPFO records as of Apr 03, 2024, across 3 active EPFO establishments.
GST
Vijay Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV6864A1ZD | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijay Solvex Limited, buy the company report.
Recent activity
Vijay Solvex Limited has 34 board changes on record since 1987: 22 appointments and 12 cessations. The latest: Giriraj Goyal ceased to be Director on 30 Sep 2022.
52 earlier events are in the company report.
News
Frequently asked questions
Vijay Solvex is an active public limited company based in Alwar, Rajasthan, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 29 December 1987 (39+ years old) and is registered under CIN L15142RJ1987PLC004232. Listed on BSE: 531069 and NSE: VIJSOLX.
Vijay Solvex reported revenue of ₹2,366.23 Cr for FY 2025-26 (up 29.3% YoY) based on consolidated financials.
Vijay Solvex has 8 current directors:
- Vijay Data - Managing Director
- Daya Kishan Data - Whole-Time Director
- Ram Prakash Mahawar - Director
- Vineet Jain - Director
- Sachin Gupta - Director
- Manish Jain - Director
- Saurabh Data - Director
- Pallavi Sharma - Director
The latest financial statements of Vijay Solvex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vijay Solvex is 08AAACV6864A1ZD, registered in Rajasthan.
The CIN (Corporate Identification Number) of Vijay Solvex is L15142RJ1987PLC004232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vijay Solvex is a listed company as per MCA records. Its shares are listed on both BSE (code: 531069) and NSE (symbol: VIJSOLX).
Vijay Solvex has 298 court cases on record: 168 filed by the company and 130 filed against it. 49 are pending. Most are in the high courts.
Vijay Solvex was incorporated on 29 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Jaipur.
Vijay Solvex has 1 deal on record (1 market trade); the latest was in March 2016.
The peers of Vijay Solvex by revenue are Maharashtra Oil Extractions Limited, Adm Agro Industries Latur & Vizag Private Limited, Vippy Industries Limited, Dhanuka Soya Private Limited, B. R. Oil Industries Private Limited and 2 more, all in the Cleantech industry (Crockery and Utensils Manufacturers, Edible Oils, Power Equipment Manufacturers), with the same principal business activity (food, beverages and tobacco products).