Group Of Vimal

What Group Of Vimal does

Group Of Vimal, operating as Vimal Group, is a privately-held diversified Indian manufacturing conglomerate founded in 1972 by Shri Chandubhai I. Patel and headquartered in Mehsana, North Gujarat. The group operates 19 companies across seven categories — edible oils, dairy, paints and micronized minerals, ceramics, electricals, engineering, and solar energy — with manufacturing capacities that include a 150 TPD oil refinery, 200 TPD solvent extraction plant, 200,000 litres/day dairy processing, 30,000 sq m/day ceramic tile capacity, and 10 MW solar panel assembly (as of 2009). Its flagship, Vimal Oil & Foods Ltd, is publicly listed on Indian stock exchanges; other entities including Vimal Dairy Ltd, Swastik Tiles, Topsun Energy Ltd, and Vimal Flexsol Ltd remain privately held within the Patel family ownership structure.

The group's revenue model is hardware sales across multiple FMCG, industrial, and construction verticals. Consumer-facing lines (edible oils under the Vimal brand, dairy products including ghee, butter, paneer, and milk powder) are distributed through retail networks across Gujarat and North India. Industrial lines (alkyd resins exported internationally under Vim Coats, ceramic tiles, submersible pumps, PVC winding wires and cables, micronized minerals for paints and rubber) are sold via direct B2B relationships, trade enquiries, and bulk order channels. Solar panels under Topsun's Shine Series target nodal agencies, OEMs, government projects, and off-grid residential/commercial buyers.

Group turnover reached 1,500 crore INR in FY 2008-09, up from 100 crore in 1994, 500 crore in 1998, and 1,000 crore in 2007. Customer segments span consumer households (cooking oils, dairy), construction & real estate (tiles, paints, wiring), industrial manufacturers (minerals, coatings), agriculture (submersible pumps for irrigation), and the energy sector (solar panels). The group's stated quality commitments reference ISO standards and government certifications, and its operating model is rooted in vertical integration from raw material sourcing in the Mehsana region (oilseeds, milk) through finished goods distribution.

Name

Group Of Vimal

Legal name

Vimal Group

Website

https://vimalgroup.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1–10 employees

Short description

Group Of Vimal is a privately-held Indian conglomerate of 19 companies manufacturing edible oils, dairy, paints, ceramics, electricals, engineering products, and solar panels for consumer, industrial, and government customers across India.

Ownership category

akta.pro rank

Product category

Diversified Industrial Manufacturing

NAICS

Dairy Product Manufacturing (3115), Food Manufacturing (311), All Other Food Manufacturing (31199)

SIC

Dairy Products (2020), Food And Kindred Products (2000), Beverages (2080)

akta.pro primary industry

Private Label/Co-Manufactured Fluid Milk Processing (AFAHAAAI)

akta.pro secondary industries

Butter & Ghee Manufacturing (AFAKAKAD), Drinkable Yogurt & Kefir Manufacturing (AFAHADAC)

Keywords

• Edible oil processing
• Dairy products manufacturing
• Ceramic tiles production
• Solar panel manufacturing
• Industrial paints manufacturing

Headquarters

HQ city

Mehsana

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Edible Oils: Manufacturing and sale of refined edible oils including cottonseed oil, groundnut oil, soybean oil, sunflower oil, corn oil, mustard oil, rapeseed oil, and related products like de-oiled cake and table margarine. Flagship company Vimal Oil & Foods Ltd is publicly listed on stock exchanges.
2. Dairy Products: Processing and sale of milk, flavoured milk, pure ghee, butter, cheese, paneer, dahi, buttermilk, and milk powder under Vimal Dairy Limited brand
3. Paints & Coatings: Manufacturing decorative paints, industrial paints, marine paints, and alkyd resins under Vimal Paints and Vim Coats brands
4. Electrical Products: PVC winding wires, three core flat cables, power control cables, and household wiring products under Vimal Flexsol Ltd and Vimal Cables
5. Engineering Products: Submersible pumps and mono-sets ranging from 5 HP to 100 HP for water pumping applications under Vimal Pumps Pvt. Ltd
6. Ceramics: Ceramic wall tiles, floor tiles, vitrified tiles, and porcelain tiles under Swastik Tiles brand through Akik Tiles Pvt Ltd, Marbolite Granito India Ltd, and Gladder Ceramics Ltd
7. Solar Energy: Solar panel manufacturing and distribution ranging from 3W to 225W under Topsun Energy Ltd brand for residential, commercial, and industrial applications
8. Micronized Minerals: Manufacturing micro minerals including calcite, barytes, talc, dolomites, and China Clay used in paints, plasters, rubber, and cosmetics under Vimal Microns Limited

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Group Of Vimal is a diversified Indian manufacturing conglomerate of 19 group companies that produces refined edible oils, dairy products, decorative and industrial paints, micronized minerals, ceramic wall and floor tiles, electrical cables and wires, submersible pumps, and solar panels. Its flagship entity, Vimal Oil & Foods Ltd, operates a 150 TPD refinery, 200 TPD solvent extraction plant, and 200 TPD seed crushing facility, while Vimal Dairy runs a 200,000 litres-per-day milk processing plant with 15 MT per day milk powder capacity, and Topsun Energy manufactures Shine Series solar panels from 3W to 225W.

Product overview

Group Of Vimal is a diversified Indian conglomerate with 19 group companies operating across seven categories: Edible Oils, Dairy, Paints & Micronized Minerals, Ceramics tiles, Electricals, Engineering, and Solar Energy. The portfolio includes Vimal Oil & Foods Ltd. (flagship publicly listed company producing edible oils), Vimal Dairy Ltd. (milk and dairy products), Vimal Paints and Vimal Microns Ltd. (paints and industrial minerals), Vimal Flexsol Ltd. (electrical cables), Vimal Pumps Pvt. Ltd. (submersible pumps), Swastik Tiles (ceramic tiles under Akik Tiles), and Topsun Energy Ltd. (solar panels). The group achieved Rs 1500 crore turnover in FY 2008-09 with flagship Vimal Oil & Foods Ltd. as the publicly listed entity.

Differentiator

Problem solved

Functional benefit

Brands

• Vimal: Flagship brand for edible oils including Refined Cottonseed Oil, Filtered Groundnut Oil, Refined Soyabeen Oil, Refined Sunflower Oil, and more
• Swastik Tiles
• LIPI
• Shine Series
• Vim Coats
• Kachi Ghani

Products and services

• Vimal Oil & Foods Ltd. Flagship publicly listed company manufacturing refined edible oils and de-oiled cake. Products include refined cottonseed oil, groundnut oil, soybean oil, sunflower oil, corn oil, mustard oil, rapeseed oil, and table margarine. Operates 150 TPD refinery, 200 TPD solvent extraction plant, and 200 TPD seed crushing facility.
• Vimal Dairy Ltd. Milk and dairy products manufacturer and processor. Products include milk, flavored milk, pure ghee, butter, cheese, paneer, dahi, butter milk, and milk powder. Current capacity of 200,000 litres of milk per day with 15 MT per day milk powder plant.
• Vimal Paints Industrial and decorative paints manufacturing including alkyd resins under Vim Coats brand exported to various countries. Products include decorative paints, industrial paints, marine paints, and alkyd resins.
• Vimal Microns Ltd. Micro mineral business manufacturing calcite, barytes, talc, dolomites, and china clay widely used in paint, plasters, rubber, and cosmetics industries.
• Vimal Flexsol Ltd. Electrical cables and wires manufacturer producing PVC winding wires for submersible motor winding (0.8mm to 3.00mm diameter), three core flat cables for submersible pump sets (1.5mm to 50sq.mm), LT power control cables for industries, and PVC wires for household wiring.
• Vimal Pumps Pvt. Ltd. Submersible pumps and mono-sets manufacturer for water drawing equipment ranging from 5 H.P. to 100 H.P. with well sizes of 6, 8 to 10 inch.
• Swastik Tiles Ceramic tiles brand under Akik Tiles Pvt Ltd. and Marbolite Granito India Ltd. Manufacturing wall and floor tiles, vitrified tiles, and porcelain tiles with estimated total capacity of 30,000 sq m per day.
• Topsun Energy Ltd. Solar panels manufacturer producing Shine Series high power solar panels ranging from 3W to 225W for residential and commercial grid-connected and off-grid applications. Manufacturing capacity of 10MW as of 2009.
• Vim Coats Alkyd resin brand manufactured as raw material for paints and exported to various countries.
• LIPI Palm Kernel Oil Palm kernel oil brand launched for ice-cream, biscuits and confectionary industries plus sweet manufacturers and other special purpose applications.
• Vimal Refined Sunflower Oil Premium refined sunflower oil with low saturated fats, high unsaturated fats, balanced MUFA & PUFA, rich in natural vitamin E and Omega-6 essential fatty acid, launched under the Vimal brand.
• Swastik Tiles TORTOISE Series TORTOISE Multi Layer porcelain floor tiles with vibrant colors in 20x20 size, launched under the Swastik Tiles brand.

Quantifiable outcome

• Group crossed 1,500 crore revenue landmark in FY2008-09 with target of 2,500 crore by 2012
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators9 records

Recent moves14 records

Expansion highlights5 records

Broad incumbents

• Marico (Saffola): Indian FMCG major with edible oil (Saffola), hair care, and packaged foods; comparable to Vimal Group's edible oil business as a national branded packaged consumer goods player. Both compete in branded refined oils for Indian households.
• Amul (GCMMF): India's largest dairy cooperative with national brand presence across fluid milk, ghee, butter, paneer, dahi, and milk powder - directly overlapping Vimal Dairy's full product portfolio. Amul's scale, distribution, and brand power dwarf regional dairy processors like Vimal Dairy.
• Asian Paints: India's largest decorative and industrial paints manufacturer with extensive distribution and brand power; directly comparable to Vimal Paints in industrial and decorative paint categories but operates at vastly larger scale with broader product portfolio and pan-India reach.

Direct peers

• Somany Ceramics: Listed Indian ceramic tile manufacturer with vitrified, porcelain, and wall/floor tile offerings; comparable to Swastik Tiles in product mix, target customer (construction, real estate), and distribution model. Both compete in mid-market tile segments.
• Waaree Renewable Technologies: India's largest solar panel manufacturer with multi-GW capacity; directly comparable to Topsun Energy in solar module manufacturing for residential, commercial, and grid-connected/off-grid applications. Waaree operates at significantly larger scale.
• Adani Wilmar (Fortune brand): India's largest edible oil refiner with Fortune and other brands; directly comparable to Vimal Oil & Foods Ltd in refined edible oil processing (cottonseed, soybean, sunflower oils) and de-oiled cake. Both operate large-scale refining and solvent extraction, but Adani Wilmar is significantly larger and nationally distributed.
• Heritage Foods: Indian dairy processor with fluid milk, value-added dairy products, and retail distribution; similar to Vimal Dairy's product mix (milk, ghee, butter, paneer, curd) and regional-to-national growth trajectory. Comparable mid-sized Indian dairy player.
• Vikram Solar: Major Indian solar PV module manufacturer producing crystalline silicon modules for utility, commercial, and residential applications; comparable to Topsun Energy's Shine Series product range. Both serve Indian government tenders and private solar installations.
• Ruchi Soya (Patanjali): Major Indian edible oil processor and FMCG company, now under Patanjali; comparable to Vimal in refined oils, oilseed crushing, and de-oiled cake manufacturing with pan-India brand presence. Both target similar value-conscious Indian consumer segments.
• Kajaria Ceramics: India's largest manufacturer of ceramic and vitrified tiles with national distribution; directly comparable to Swastik Tiles in wall tiles, floor tiles, vitrified and porcelain tile categories. Both target construction and real estate segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/group-of-vimal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Group Of Vimal