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Vidhi Specialty Food Ingredients Limited VIDHIING NSEINFRA

Basic Materials · Specialty Chemicals · India
https://vidhifoodcolors.com

Vidhi Specialty Food Ingredients Limited engages in the manufacture and trading of synthetic food colors. The company offers synthetic water-soluble colors, aluminum lakes, FD&C colors and lakes, D&C colors, cosmetic colors, natural colors, blends, and co-blended lakes and granules, as well as color for personal and home care. It operates in India, rest of Asia, Europe, South Africa, the Middle East, the United States, and internationally. The company was formerly known as Vidhi Dyestuffs Manufacturing Limited and changed its name to Vidhi Specialty Food Ingredients Limited in August 2016. Vidhi Specialty Food Ingredients Limited was incorporated in 1994 and is based in Mumbai, India.

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₹303.55
-31.79% 1Y

Market & Price

Market Cap
₹1,516.08 Cr
Current Price
₹303.55
High / Low (52W)
₹445.02 / ₹263.25
Beta
-0.20

Valuation

Stock P/E
30.97
Industry PE
23.81
Forward P/E
-
PEG Ratio
-
Book Value
₹61.81
Price to Book
4.91
P/S
3.99
EV/EBITDA
19.94
Dividend Yield
2.37%

Profitability & Returns

ROCE
20.92%
ROE
15.57%
ROA
10.55%
Profit Margin
12.88%
Op Margin
15.08%
EPS (Latest Qtr)
₹2.63
EPS (TTM)
₹9.80

Balance Sheet & Liquidity

Debt/Equity
0.18
Quick Ratio
2.00
Current Ratio
3.30
Debt
₹57.63 Cr
Total Assets
₹418.62 Cr
Current Assets
₹268.66 Cr
Working Capital
₹187.34 Cr

Ownership

Promoter Holding
67.73%
Chg in Prom Hold
-
FII / Inst Holding
0.06%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,555.35 Cr
Total Revenue (TTM)
₹380.03 Cr
EBITDA
₹77.99 Cr
Free Cash Flow
₹19.38 Cr
Operating Cash Flow
₹42.40 Cr
Shares Outstanding
₹4.99 Cr
Gross Margin
43.08%
Payout Ratio
45.92%

Growth (CAGR)

Revenue 5Y
-1.38%
Profit 5Y
9.10%
Revenue (YoY)
12.00%
Earnings (YoY)
11.40%

PROS

  • Healthy ROCE of 20.9%.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -1.4% CAGR over 5 years.
  • Trading 31.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 VIDHIING Vidhi Specialty Food Ingredients Limited NSEINFRA 303.55 30.97 ₹1,516.08 Cr 2.37% 20.92% 15.57% -1.38% 9.10%
2 ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA 11,482.00 41.32 ₹3.38 L Cr 0.67% 11.90% 10.59% 12.40% 17.26%
3 JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA 1,278.00 14.01 ₹3.12 L Cr 0.56% 19.15% 27.26% 3.61% 75.28%
4 HINDZINC Hindustan Zinc Limited NSEINFRA 632.95 19.34 ₹2.67 L Cr 3.32% 62.35% 76.94% 5.61% 9.58%
5 TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA 208.02 28.34 ₹2.59 L Cr 1.92% 11.32% 11.16% -1.59% 7.21%
6 HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA 1,126.70 18.73 ₹2.52 L Cr 0.44% 9.50% 10.29% 7.40% 9.87%
7 GRASIM Grasim Industries Limited NIFTY50NSEINFRA 3,122.40 42.74 ₹2.12 L Cr 0.32% 4.00% 6.29% 14.63% -10.06%
8 SOLARINDS Solar Industries India Limited NSEINFRA 18,247.00 98.04 ₹1.65 L Cr 0.06% 29.51% 31.33% 13.27% 30.36%
9 PIDILITIND Pidilite Industries Limited NSEINFRA 1,482.80 61.73 ₹1.51 L Cr 0.67% 28.48% 23.52% 7.50% 24.36%
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Quarterly Results

Figures in INR.

Metric Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -109.53 Cr87.90 Cr74.99 Cr94.45 Cr122.68 Cr
Cost of Revenue -67.68 Cr49.87 Cr36.93 Cr53.95 Cr75.56 Cr
Gross Profit -41.85 Cr38.03 Cr38.06 Cr40.50 Cr47.12 Cr
Operating Expenses -23.81 Cr19.88 Cr22.80 Cr23.77 Cr28.62 Cr
Operating Income -18.04 Cr18.15 Cr15.26 Cr16.73 Cr18.50 Cr
EBITDA -20.54 Cr21.02 Cr18.35 Cr19.39 Cr21.01 Cr
Interest Expense -1.00 Cr1.50 Cr1.07 Cr1.12 Cr1.08 Cr
Pretax Income -17.59 Cr17.15 Cr14.86 Cr15.83 Cr17.80 Cr
Tax Provision -6.14 Cr4.45 Cr4.31 Cr3.42 Cr4.65 Cr
Net Income -11.90 Cr12.70 Cr10.56 Cr12.42 Cr13.15 Cr
Diluted EPS -2.372.542.112.492.63

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -396.20 Cr290.15 Cr382.30 Cr380.03 Cr
Cost of Revenue -315.65 Cr211.37 Cr237.68 Cr216.31 Cr
Gross Profit -80.55 Cr78.78 Cr144.63 Cr163.72 Cr
Operating Expenses -32.26 Cr31.46 Cr83.74 Cr94.96 Cr
Operating Income -48.30 Cr47.31 Cr60.89 Cr68.76 Cr
EBITDA -55.48 Cr56.88 Cr70.06 Cr79.78 Cr
Interest Expense -2.14 Cr1.71 Cr2.48 Cr4.77 Cr
Pretax Income -49.80 Cr48.80 Cr59.99 Cr65.78 Cr
Tax Provision -12.10 Cr12.35 Cr17.03 Cr16.70 Cr
Net Income -37.70 Cr36.45 Cr43.40 Cr48.96 Cr
Diluted EPS 11.757.557.318.68-

Compounded Sales Growth

5 Years:-1.38%
1 Year:12.00%

Compounded Profit Growth

5 Years:9.10%
1 Year:11.40%

Stock Price Performance

1 Year:-31.79%
6 Months:-17.44%
3 Months:-2.25%
1 Month:+1.62%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -331.13 Cr324.53 Cr396.06 Cr418.62 Cr
Current Assets -207.19 Cr184.92 Cr252.32 Cr268.66 Cr
Cash & Equivalents -7.29 Cr12.11 Cr19.84 Cr11.53 Cr
Inventory -60.53 Cr56.33 Cr74.93 Cr80.82 Cr
Receivables -100.77 Cr88.34 Cr128.56 Cr142.96 Cr
Total Liabilities -80.40 Cr44.31 Cr94.97 Cr90.79 Cr
Current Liabilities -72.32 Cr39.18 Cr86.50 Cr81.32 Cr
Long Term Debt -4.70 Cr37.10 L2.07 L2.07 L
Total Debt -51.59 Cr20.38 Cr65.60 Cr57.63 Cr
Total Equity -250.73 Cr280.23 Cr301.09 Cr327.83 Cr
Shares Outstanding -4.99 Cr4.99 Cr4.99 Cr4.99 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -95.92 Cr71.17 Cr-4.56 Cr42.40 Cr
Investing Cash Flow --42.37 Cr-25.41 Cr-6.88 Cr-15.47 Cr
Financing Cash Flow --47.45 Cr-40.20 Cr19.18 Cr-35.25 Cr
Capital Expenditure --42.83 Cr-19.94 Cr-7.42 Cr-16.04 Cr
Free Cash Flow -53.08 Cr51.23 Cr-11.98 Cr26.36 Cr
Net Change in Cash -6.09 Cr5.56 Cr7.74 Cr-8.32 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -20.3%27.2%37.8%43.1%
Operating Margin % -12.2%16.3%15.9%18.1%
Net Margin % -9.5%12.6%11.4%12.9%
ROE % -15.0%13.0%14.4%14.9%
ROCE % -18.7%16.6%19.7%20.4%

Shareholding Pattern

Insiders
67.73%
Institutions
0.06%
Public Float
0.18%

Analyst View

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