VADILAL DAIRY INTERNATIONAL LTD

Financial Overview

Overview:

At Vadilal, we are constantly working to make the world a happier place by building brands that foster relationships and bringing joy to the families across the world. Our focus is on helping people get the best quality products & services at the most affordable rates.

Vadilal Gandhi, the founder of Vadilal started a soda fountain in Ahemdabad. This remarkable journey started as a gruhudhyog with a small hand cranked ice cream making machine.He passed on the business to his son, Ranchod Lal, who ran a one-man show and started a small retail outlet in 1926.

The business was then passed to Ranchod Lal’s sons, Ramchandra and Laxman. The duo imparted a new vision to the venture and infused a spirit of calculated risk-taking into the company.

From 1972-73, Vadilal had 8-10 outlets in Ahmedabad. Gradually, we moved from the city to other parts of Gujarat. By 1985, the company had expanded to the neighbouring states like Rajasthan and Madhya Pradesh.

Today, Vadilal  is India’s leading food & beverage company with a mission of spreading smiles across the world. We provide customers with the best tasting food products of the most premium quality. Mr. Rajesh Gandhi is the Chairman and Mr. Devanshu Gandhi is the Managing Director for Vadilal. Over the last couple of decades, Vadilal has become a name to reckon with in the Indian ice cream and processed foods sector.

We aim to become an Indian MNC in ice creams and frozen foods, and to provide products and services at an affordable price without compromising on quality. The success element of Vadilal Industries is its strong brand identity, good product quality, timely supply and extensive reach.

A major element of success has been its ability to cater to different market segments through multiple product ranges. Vadilal has the largest range of ice creams in the country with 150 plus flavours.

At Vadilal, leadership is dependent upon three major factors.

First, a vision of the evolution of the industry.

Second, the strategy that the company will employ to gain leadership.

And third, our effectiveness in taking initiatives and pioneering the epitome of innovation, uniqueness & technology with upholding the Quality of our products.

Vadilal Industries believes and insists on honesty, integrity and fairness in all aspects of the business and its relationships.

Vadilal takes pride on its value of consistency and transparency in financial reporting and execution in operations. These values have earned Vadilal Industries, the trust and respect of every strata of society in India.

Vadilal, the iconic brand from the house of Vadilal Dairy International Limited, is one of India’s most admired Ice Cream Brands. Since its inception in 1907 as a family run business of handmade ice cream, the company has become a professionally run ISO 22000: 2005 Certified Industry. In the business for over a century now, Vadilal Dairy International Ltd is a co-owner of the brand Vadilal through one of its subsidiaries, VDIL is an independent company and owns the sole rights for the southern part of India. It is not only a house hold name but an epic brand synonymous to fine quality, taste & enjoyment. Its long standing presence in the industry has enabled it to become an iconic name in itself.

Like any other renowned food product brand across the globe, Vadilal is driven by high quality standards, hygienic production facilities and deep-rooted presence in urban and rural India as well. Having achieved numerous milestones and awards over the years, the brand has progressed ahead with great conviction and focus. The brand started off with the business of a soda fountain outlet under the patronage of Shri. Vadilal Gandhi in the city of Ahmedabad, Gujarat. Further on, it was introduced as a Gruhudhyog and handmade ice-cream was developed. This family run business was then passed on to his son Shri. RanchodlalVadilal Gandhi. He started a commercially run retail ice cream outlet in 1926.

The third generation entrepreneurs, sons of Shri. Ranchodlal Gandhi took the brand to new heights. Shri. Ramchadra & Lakshman Ranchodlal Gandhi, the duo imparted a new vision to the venture and infused a spirit of calculated risk-taking into the company. By 1972-73, Vadilal had 8-10 outlets in Ahmedabad. Gradually, the brand moved from the city to other parts of Gujarat. By 1985, the company had expanded to the neighboring states.The company has successfully matched stride with numerous global ice cream giants who have their presence in India today. Having a team of highly proficient and pro-active personnel, VDIL is moving ahead with foresight. It is the team’s experience and commitment that has brought the brand to where it stands today.

At Vadilal, we are a convergence of pro active individuals who have a unified goal for the company… Total Client Satisfaction. Every step taken ahead is taken keeping in mind this very ethos. The corporate strategy functions in an organized format to gain optimum results for the same. Besides, every vital decision taken by the management focuses around progressing towards the future. Vadilal believes in harnessing the strength of the team and building relationships that bring prosperity in the future and enable the brand to evolve to greater heights., The primary focus is empowering the company to offer superior quality products and services at cost effective prices. The founding father of the company has one motto since the company’s inception as a soda fountain outlet in the early days. It was his vision to build the company on the primary motto of:- Strict Quality, Efficient Services, Product Innovation, Consumer Affordability, Value for Consumers

At Vadilal, it has been an organized endeavor to establish a continuously growing brand value of the company and the products it offers. Being a forerunner in the industry with decades of experience, Vadilal has been significantly successful in carving a niche for itself amongst its B2B segment as well as in the hearts of the B2C consumers. Offering new products to the consumers., Expanding the production base continuously., Ensuring expansive reach of the products to newer markets., Taking effective steps in being a pioneer brand, Constant innovation of products and allied services, Investing in the finest technology for the future, Adopting honesty in every business operation, Initiating a fair workflow system and environment for the team, Adopting transparency in the production process, financial reporting & executions