About
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.
Key Metrics
as of Sep 2026Market Cap1,723 Cr
P/E32.40
Div Yield0.86 %
Book Value₹65.60
52w High₹398.00
52w Low₹259.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 146.00 | 123.00 | 94.00 | 75.00 | 88.00 | 110.00 | 99.00 | 91.00 | 83.00 | 78.00 | 63.00 | 80.00 | 80.00 |
| Expenses | 120.00 | 102.00 | 75.00 | 57.00 | 67.00 | 90.00 | 79.00 | 76.00 | 69.00 | 62.00 | 49.00 | 66.00 | 67.00 |
| Operating Profit | 26.00 | 21.00 | 19.00 | 18.00 | 21.00 | 20.00 | 19.00 | 15.00 | 14.00 | 16.00 | 14.00 | 14.00 | 13.00 |
| OPM % | 18.00 | 17.00 | 20.00 | 24.00 | 23.00 | 18.00 | 19.00 | 17.00 | 17.00 | 20.00 | 23.00 | 17.00 | 16.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Depreciation | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 23.00 | 18.00 | 16.00 | 15.00 | 17.00 | 18.00 | 17.00 | 14.00 | 12.00 | 14.00 | 12.00 | 12.00 | 12.00 |
| Tax % | 26.00 | 26.00 | 22.00 | 29.00 | 26.00 | 32.00 | 25.00 | 24.00 | 29.00 | 25.00 | 27.00 | 22.00 | 27.00 |
| Net Profit | 17.00 | 13.00 | 12.00 | 11.00 | 13.00 | 12.00 | 13.00 | 10.00 | 8.00 | 10.00 | 9.00 | 9.00 | 8.00 |
| EPS in Rs | 3.43 | 2.63 | 2.49 | 2.11 | 2.54 | 2.38 | 2.55 | 2.07 | 1.69 | 2.10 | 1.72 | 1.80 | 1.68 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 380.00 | 382.00 | 298.00 | 404.00 | 537.00 | 266.00 | 225.00 |
| Expenses | 302.00 | 314.00 | 241.00 | 348.00 | 452.00 | 213.00 | 174.00 |
| Operating Profit | 78.00 | 68.00 | 57.00 | 56.00 | 85.00 | 53.00 | 51.00 |
| OPM % | 21.00 | 18.00 | 19.00 | 14.00 | 16.00 | 20.00 | 22.00 |
| Other Income | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 |
| Interest | 5.00 | 2.00 | 3.00 | 4.00 | 4.00 | 2.00 | 3.00 |
| Depreciation | 9.00 | 8.00 | 6.00 | 4.00 | 3.00 | 3.00 | 3.00 |
| Profit before tax | 66.00 | 60.00 | 49.00 | 50.00 | 79.00 | 50.00 | 45.00 |
| Tax % | 26.00 | 28.00 | 25.00 | 24.00 | 26.00 | 26.00 | 25.00 |
| Net Profit | 49.00 | 43.00 | 36.00 | 38.00 | 59.00 | 37.00 | 34.00 |
| EPS in Rs | 9.80 | 8.69 | 7.30 | 7.55 | 11.73 | 7.32 | 6.79 |
| Dividend Payout % | 31.00 | 40.00 | 27.00 | 11.00 | 3.00 | 11.00 | 15.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 323.00 | 296.00 | 275.00 | 246.00 | 212.00 | 156.00 | 124.00 |
| Borrowings | 58.00 | 66.00 | 20.00 | 52.00 | 90.00 | 31.00 | 34.00 |
| Other Liabilities | 33.00 | 29.00 | 24.00 | 29.00 | 44.00 | 34.00 | 24.00 |
| Total Liabilities | 419.00 | 396.00 | 325.00 | 331.00 | 352.00 | 226.00 | 186.00 |
| Fixed Assets | 141.00 | 134.00 | 133.00 | 55.00 | 47.00 | 38.00 | 40.00 |
| CWIP | 4.00 | 4.00 | 4.00 | 68.00 | 37.00 | 8.00 | 6.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 274.00 | 258.00 | 187.00 | 207.00 | 268.00 | 179.00 | 141.00 |
| Total Assets | 419.00 | 396.00 | 325.00 | 331.00 | 352.00 | 226.00 | 186.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 42.00 | -5.00 | 71.00 | 96.00 | -21.00 | 11.00 | 28.00 |
| Cash from Investing Activity | -15.00 | 5.00 | -19.00 | -41.00 | -40.00 | -3.00 | -12.00 |
| Cash from Financing Activity | -35.00 | 19.00 | -40.00 | -47.00 | 53.00 | -8.00 | -24.00 |
| Net Cash Flow | -8.00 | 20.00 | 12.00 | 7.00 | -9.00 | 0.00 | -8.00 |
| Free Cash Flow | 26.00 | -12.00 | 51.00 | 53.00 | -62.00 | 8.00 | 23.00 |
| CFO/OP % | 75.00 | 13.00 | 144.00 | 193.00 | 0.00 | 44.00 | 78.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 137.00 | 123.00 | 108.00 | 91.00 | 102.00 | 130.00 | 124.00 |
| Inventory Days | 136.00 | 115.00 | 111.00 | 75.00 | 71.00 | 93.00 | 102.00 |
| Days Payable | 35.00 | 29.00 | 31.00 | 28.00 | 36.00 | 63.00 | 53.00 |
| Cash Conversion Cycle | 238.00 | 209.00 | 189.00 | 138.00 | 137.00 | 159.00 | 173.00 |
| Working Capital Days | 161.00 | 132.00 | 155.00 | 115.00 | 103.00 | 149.00 | 124.00 |
| ROCE % | 19.00 | 19.00 | 17.00 | 18.00 | 33.00 | 29.00 | — |
Corporate Actions
45 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 14 Nov 2025 | 14 Nov 2025 | — | 1.50 | |
| Dividend | 17 Sep 2025 | 17 Sep 2025 | — | 1.50 | |
| Dividend | 01 Aug 2025 | 01 Aug 2025 | — | 1.50 | |
| Dividend | 24 Jan 2025 | 24 Jan 2025 | — | 1.50 | |
| Dividend | 19 Nov 2024 | 20 Nov 2024 | — | 1.00 | |
| Dividend | 17 Sep 2024 | — | — | 1.00 | |
| Dividend | 21 Aug 2024 | 21 Aug 2024 | — | 1.00 | |
| Dividend | 16 Feb 2024 | 16 Feb 2024 | — | 0.60 | |
| Dividend | 17 Nov 2023 | 17 Nov 2023 | — | 0.40 | |
| Dividend | 22 Sep 2023 | — | — | 0.40 | |
| Dividend | 17 Nov 2022 | 19 Nov 2022 | — | 0.40 | |
| Dividend | 22 Sep 2022 | — | — | 0.40 | |
| Dividend | 17 Nov 2021 | 20 Nov 2021 | — | 0.40 | |
| Dividend | 20 Sep 2021 | — | — | 0.20 | |
| Dividend | 17 Feb 2021 | 19 Feb 2021 | — | 0.20 | |
| Dividend | 19 Nov 2020 | 21 Nov 2020 | — | 0.20 | |
| Dividend | 21 Sep 2020 | — | — | 0.20 | |
| Dividend | 20 Aug 2020 | 22 Aug 2020 | — | 0.20 | |
| Dividend | 18 Feb 2020 | 21 Feb 2020 | — | 0.40 | |
| Dividend | 21 Nov 2019 | 22 Nov 2019 | — | 0.20 | |
| Dividend | 13 Sep 2019 | — | — | 0.20 | |
| Dividend | 26 Aug 2019 | 27 Aug 2019 | — | 0.20 | |
| Dividend | 21 Feb 2019 | 23 Feb 2019 | — | 0.20 | |
| Dividend | 16 Nov 2018 | 19 Nov 2018 | — | 0.20 | |
| Dividend | 19 Sep 2018 | — | — | 0.20 | |
| Dividend | 23 Aug 2018 | 24 Aug 2018 | — | 0.20 | |
| Dividend | 27 Feb 2018 | 28 Feb 2018 | — | 0.20 | |
| Dividend | 07 Dec 2017 | 08 Dec 2017 | — | 0.20 | |
| Dividend | 17 Oct 2017 | 19 Oct 2017 | — | 0.20 | |
| Dividend | 15 Sep 2017 | — | — | 0.20 | |
| Dividend | 22 Feb 2017 | 24 Feb 2017 | — | 0.20 | |
| Dividend | 24 Nov 2016 | 26 Nov 2016 | — | 0.20 | |
| Dividend | 15 Sep 2016 | — | — | 0.20 | |
| Dividend | 01 Sep 2016 | 02 Sep 2016 | — | 0.20 | |
| Dividend | 17 Feb 2016 | 19 Feb 2016 | — | 0.20 | |
| Dividend | 24 Nov 2015 | 26 Nov 2015 | — | 0.20 | |
| Dividend | 03 Sep 2015 | — | — | 0.25 | |
| Dividend | 03 Sep 2015 | — | — | 0.20 | |
| Dividend | 26 Nov 2014 | 27 Nov 2014 | — | 0.25 | |
| Dividend | 24 Feb 2014 | 25 Feb 2014 | — | 0.20 | |
| Dividend | 21 Nov 2013 | 23 Nov 2013 | — | 0.20 | |
| Dividend | 23 Nov 2012 | 26 Nov 2012 | — | 0.20 | |
| Dividend | 06 Mar 2002 | 20 Mar 2002 | — | 1.50 | |
| Dividend | 13 Nov 2001 | 30 Nov 2001 | — | 1.25 | |
| Dividend | 27 Feb 2001 | 15 Mar 2001 | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update7 Jan from crisil
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Rating update23 Oct 2024 from crisil
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Rating update14 Aug 2023 from crisil
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Rating update16 May 2022 from crisil
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Rating update29 Apr 2022 from crisil
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Rating update26 Feb 2021 from crisil