SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vidhi Specialty Food Ingredients Ltd (VIDHIING)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531717 NSE: VIDHIING Dyes & Pigments | Small Cap | Vidhi Specialty Food Share Price

₹284.80 9.15 (3.32%)

As on 02-Jul'26 16:59

Vidhi Specialty Food Ingredients Ltd (VIDHIING)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531717 NSE: VIDHIING Dyes & Pigments | Small Cap | Vidhi Specialty Food Share Price

₹284.80 9.15 (3.32%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,422 Cr.
Current Price
₹284.8
52-Week Low / High
₹259 / 432
TTM EPS
₹9.8
TTM Sales
₹380 Cr.
Book Value per Share
₹65.9
P/E Ratio
28.94
Lower than its 5-year historical median
Industry PE
2.8
Price to Book (P/B)
4.32
Lower than its 5-year historical median
Price to Sales (P/S)
3.74
Lower than its 5-year historical median
EV/EBITDA
18.27
Lower than its 5-year historical median
Dividend Yield
1.76%
Profitability Efficiency
Return on Equity (ROE)
14.94%
Outperforms industry median
Return on Capital Employed (ROCE)
18.79%
Outperforms industry median
Return on Assets (ROA)
12.06%
Operating Profit Margin
17.9%
Net Profit Margin
11.4%
Gross Profit Margin
17.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
28.3%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
19.65%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
18.98%
Asset Quality
Promoter Holding
64.27%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹324 Cr.
Equity
₹5 Cr.
Face Value
₹1
All Time Low / High
₹0.18 / 571.95

Vidhi Specialty Food Ingredients stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Vidhi Specialty Food Ingredients Ltd a good quality company?
Vidhi Specialty Food Ingredients Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Vidhi Specialty Food Ingredients Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Vidhi Specialty Food Ingredients Ltd vs industry peers?
Vidhi Specialty Food Ingredients Ltd revenue CAGR is 11.22%, compared to the industry median CAGR of 5.57%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Vidhi Specialty Food Ingredients Ltd?
Promoters hold 64.27% of the Vidhi Specialty Food Ingredients Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Vidhi Specialty Food Ingredients Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 17.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vidhi Specialty Food Ingredients Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 28.7%23.8%23.6%33.4%31.4%28.9%33.2%17.6%17.3%18.8%-
Value Creation
Index
1.10.70.71.41.21.11.40.30.20.3-

Growth Parameters

Sales 185193213228225266537404298382380
Sales YoY Gr.-4.3%10.4%7.4%-1.6%18.6%101.6%-24.8%-26.2%28.3%-
Adj EPS 2.82.93.15.86.87.311.77.57.38.79.8
YoY Gr.-1.8%8.3%85.9%17.2%7%60.8%-36.3%-2%19%-
BVPS (₹) 1113.215.420.225.832.443.650.356.360.565.9
Adj Net
Profit
14.214.415.629.134.136.558.737.436.643.649
Cash Flow from Ops. 17.2-8.933.222.127.811.2-21.695.971.2-4.6-
Debt/CF from Ops. 2.9-71.321.22.7-4.20.50.3-14.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8.4%11.2%-10.7%28.3%
Adj EPS 13.3%5%-9.4%19%
BVPS20.8%18.6%11.6%7.5%
Share Price 18% 5.4% -10.5% -32%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
28.323.821.932.729.725.130.915.913.814.915.6
Op. Profit
Mgn %
15.715.114.820.222.519.715.813.819.217.920.5
Net Profit
Mgn %
7.77.57.412.715.213.710.99.312.311.412.9
Debt to
Equity
0.90.90.60.40.30.20.40.20.10.20
Working Cap
Days
164190218205222220152211225190127
Cash Conv.
Cycle
871061051061311299614215714684

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales185193213228225266537404298382
Operating Expenses + 156164181182174214452348241314
Manufacturing Costs18212328293121212532
Material Costs123129139133123159398293185238
Employee Cost 2233344456
Other Costs 13111618191929292638
Operating Profit 29293146505385565769
Operating Profit Margin (%) 15.7%15.1%14.8%20.2%22.5%19.7%15.8%13.8%19.2%17.9%
Other Income + 1101121112
Exceptional Items 0000000000
Interest 6453324432
Depreciation 2222333367
Profit Before Tax 23242441455079504960
Tax 89912111320121217
Profit After Tax 15151629343759383744
PAT Margin (%) 8.0%7.6%7.4%12.7%15.2%13.8%10.9%9.4%12.3%11.4%
Adjusted EPS (₹)3.02.93.15.86.87.411.87.67.38.7
Dividend Payout Ratio (%)27.10%27.30%25.60%13.80%14.70%10.90%6.80%10.60%27.30%57.30%

Valuation of Vidhi Specialty Food - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 556677101129162218251281302
Share Capital 5555555555
Reserves 50617296124157213246276297
Debt +48614242323090502064
Long Term Debt53431216500
Short Term Debt43583839312874451964
Minority Interest0000000000
Trade Payables13272818182737231519
Others Liabilities 7141619181988912
Total Liabilities 123169163181197238352332325397

Fixed Assets

Net Fixed Assets +3130293131293847125126
Gross Block4932343841415366150158
Accumulated Depreciation18257101316192533
CWIP 000025336500
Investments 0000131313131313
Inventories28413535344073615675
Trade Receivables39615962769515010188129
Cash Equivalents 1058191011181927
Others Assets 14323134314644392327
Total Assets 123169163181197238352332325397

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 17-933222811-229671-5
PBT 23242441455079504960
Adjustment 76756577912
Changes in Working Capital -1-309-12-12-31-865124-63
Tax Paid -11-8-8-12-12-13-21-12-11-13
Cash Flow From Investing Activity + -7-1-1-4-17-3-40-42-25-7
Capex -16-1-2-4-5-3-41-43-20-7
Net Investments 0-00-0-13000-6-0
Others 10000100011
Cash Flow From Financing Activity + -75-29-8-19-853-47-4019
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 4-21-2-2114-11-4-0
Interest Paid -6-4-5-3-3-2-4-4-3-2
Dividend Paid -4-5-5-5-6-4-3-4-7-22
Others -115-202-8-345-29-2644
Net Cash Flow 3-5310-80-9668

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)29.3724.1821.932.7129.6525.283116.1513.7614.94
ROCE (%)28.7223.7523.5933.3531.428.9133.2217.5917.3218.79
Asset Turnover Ratio1.581.421.311.331.191.221.821.180.911.06
PAT to CFO Conversion(x)1.13-0.62.060.760.820.3-0.372.531.92-0.11
Working Capital Days
Receivable Days78.7088.40101.1096.70112.40117.1083.20113.30115.80103.50
Inventory Days60.7060.6063.3055.8056.4050.8038.3060.2071.6062.70
Payable Days62.3057.7072.206353.8051.7029.3037.1037.7026.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Vidhi Specialty Food Ingredients Ltd FAQs

The current trading price of Vidhi Specialty Food on 02-Jul-2026 16:59 is ₹284.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Vidhi Specialty Food stood at ₹1,422.4 Cr

The latest P/E ratio of Vidhi Specialty Food as of 01-Jul-2026 is 28.94.

The latest P/B ratio of Vidhi Specialty Food as of 01-Jul-2026 is 4.32.

The 52-week high of Vidhi Specialty Food is ₹432.0 and the 52-week low is ₹258.8.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vidhi Specialty Food is ₹380 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vidhi Specialty Food Ingredients Ltd is a good quality company.

The key valuation ratios of Vidhi Specialty Food Ingredients Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Vidhi Specialty Food Ingredients Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Vidhi Specialty Food Ingredients Ltd

Vidhi Dyestuffs Manufacturing was established in 1994 as Vidhi International Private Ltd, later the name was changed to Vidhi Dyestuffs Manufacturing Private Limited in the same year.

Vidhi Dyestuffs Manufacturing is being steered forward in the 21st century under the able management of their promoters Bipin Manek and Naresh Modi and Vijay Kalte with his experience in the dyestuffs industry is the force driving the R&D at Vidhi. Vidhi export 95% of its production to leading countries of Europe, Far East, Latin America, Australlia and Africa.

Today with a unit occupying a built up area 45,000 sq.ft. Vidhi has an installed production capacity of 90 MPTM. At Vidhi the testing lab apart from ensuring quality, weeds out the impurities in the raw materials and maintains a rigid process control.

Lloyd’s Register Quality Assurance (LRQA), a leading international accredited certification body for quality assurance has approved the quality management systems of the company to the international standard BS EN ISO 9001-2000 with UK National Accrediation: UKAS Mark.

Products range of the company includes:

  • Brilliant blue FCF
  • Indigo Carmine
  • Allura Red AC
  • Tartrazine
  • Sunset yellow FCF
  • Erythrosine
  • Chocolate Brown HT
  • Patent Blue V
  • Green S
  • Carmoisine
  • Amaranth
  • Ponceau 4R
  • Quinoline yellow 
  • Black PN

Achievements/ recognition:

An ISO9001:2000 certified company

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: