Vidhi Specialty Food Ingredients Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 8:26 pm

Market Cap	2,221 Cr.
Current Price	445
High / Low	572/382
Stock P/E	51.0
Book Value	60.5
Dividend Yield	0.79 %
ROCE	18.7 %
ROE	14.9 %
Face Value	1.00
PEG Ratio	14.67

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Vidhi Specialty Food Ingredients Ltd

Competitors of Vidhi Specialty Food Ingredients Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Dynamic Industries Ltd	37.4 Cr.	123	136/65.0	23.5	159	0.41 %	5.65 %	3.35 %	10.0
Daikaffil Chemicals India Ltd	84.4 Cr.	141	281/83.9		14.8	0.00 %	16.5 %	16.4 %	10.0
Amal Ltd	627 Cr.	508	830/296	21.4	80.2	0.00 %	36.0 %	34.6 %	10.0
Vidhi Specialty Food Ingredients Ltd	2,221 Cr.	445	572/382	51.0	60.5	0.79 %	18.7 %	14.9 %	1.00
Ushanti Colour Chem Ltd	57.4 Cr.	51.1	68.4/47.2		39.6	0.00 %	0.94 %	5.95 %	10.0
Industry Average	1,572.00 Cr	341.48		37.34	168.60	0.27%	10.35%	9.17%	8.13

All Competitor Stocks of Vidhi Specialty Food Ingredients Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	145	121	107	86	89	80	80	63	78	83	91	99	110
Expenses	126	105	93	74	77	67	66	49	62	69	76	79	90
Operating Profit	19	16	15	13	12	13	14	14	16	14	15	19	20
OPM %	13%	13%	14%	15%	14%	16%	17%	23%	21%	17%	17%	19%	18%
Other Income	1	0	0	0	1	1	0	0	0	0	1	0	1
Interest	1	1	1	1	1	1	1	1	0	0	0	1	1
Depreciation	1	1	1	1	1	1	1	2	2	2	2	2	2
Profit before tax	18	15	13	11	11	12	12	12	14	12	14	17	18
Tax %	24%	26%	21%	30%	20%	27%	22%	27%	25%	29%	24%	25%	32%
Net Profit	14	11	10	8	9	8	9	9	11	8	10	13	12
EPS in Rs	2.77	2.20	2.06	1.54	1.77	1.68	1.82	1.71	2.13	1.69	2.08	2.54	2.41

Last Updated: May 31, 2025, 7:21 am

Below is a detailed analysis of the quarterly data for Vidhi Specialty Food Ingredients Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 99.00 Cr. (Dec 2024) to 110.00 Cr., marking an increase of 11.00 Cr..
For Expenses, as of Mar 2025, the value is 90.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 79.00 Cr. (Dec 2024) to 90.00 Cr., marking an increase of 11.00 Cr..
For Operating Profit, as of Mar 2025, the value is 20.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Dec 2024) to 20.00 Cr., marking an increase of 1.00 Cr..
For OPM %, as of Mar 2025, the value is 18.00%. The value appears to be declining and may need further review. It has decreased from 19.00% (Dec 2024) to 18.00%, marking a decrease of 1.00%.
For Other Income, as of Mar 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Dec 2024) to 1.00 Cr., marking an increase of 1.00 Cr..
For Interest, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 1.00 Cr..
For Depreciation, as of Mar 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 2.00 Cr..
For Profit before tax, as of Mar 2025, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Dec 2024) to 18.00 Cr., marking an increase of 1.00 Cr..
For Tax %, as of Mar 2025, the value is 32.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Dec 2024) to 32.00%, marking an increase of 7.00%.
For Net Profit, as of Mar 2025, the value is 12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 13.00 Cr. (Dec 2024) to 12.00 Cr., marking a decrease of 1.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 2.41. The value appears to be declining and may need further review. It has decreased from 2.54 (Dec 2024) to 2.41, marking a decrease of 0.13.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 4:50 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	143	189	185	193	213	228	225	266	537	404	303	382
Expenses	127	162	156	164	181	182	174	214	452	348	246	314
Operating Profit	16	27	29	29	31	46	51	53	85	56	57	68
OPM %	11%	14%	16%	15%	15%	20%	22%	20%	16%	14%	19%	18%
Other Income	0	0	1	1	0	1	1	2	1	1	1	2
Interest	5	6	6	4	5	3	3	2	4	4	3	2
Depreciation	2	2	2	2	2	2	3	3	3	3	6	7
Profit before tax	9	19	23	24	24	41	45	50	79	50	49	60
Tax %	34%	36%	35%	38%	36%	29%	25%	26%	26%	24%	25%	28%
Net Profit	6	12	15	15	16	29	34	37	59	38	37	44
EPS in Rs	1.20	2.49	2.95	2.93	3.13	5.82	6.82	7.35	11.76	7.58	7.33	8.72
Dividend Payout %	34%	20%	27%	27%	26%	14%	15%	11%	3%	11%	27%	46%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	100.00%	25.00%	0.00%	6.67%	81.25%	17.24%	8.82%	59.46%	-35.59%	-2.63%	18.92%
Change in YoY Net Profit Growth (%)	0.00%	-75.00%	-25.00%	6.67%	74.58%	-64.01%	-8.42%	50.64%	-95.05%	32.96%	21.55%

Vidhi Specialty Food Ingredients Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	11%
3 Years:	-11%
TTM:	26%

Compounded Profit Growth
10 Years:	13%
5 Years:	5%
3 Years:	-9%
TTM:	19%

Stock Price CAGR
10 Years:	34%
5 Years:	49%
3 Years:	4%
1 Year:	-5%

Return on Equity
10 Years:	21%
5 Years:	19%
3 Years:	15%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:28 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	5	5	5	5	5	5	5	5	5	5	5	5
Reserves	31	40	50	61	72	96	124	157	212	246	276	297
Borrowings	44	47	49	62	44	44	34	31	90	52	20	66
Other Liabilities	21	39	18	36	35	25	23	33	44	29	24	29
Total Liabilities	100	131	123	164	155	170	186	226	352	332	325	397
Fixed Assets	18	17	31	30	29	31	31	29	38	47	125	126
CWIP	0	9	0	0	0	0	2	5	33	65	0	0
Investments	0	0	0	0	0	0	13	13	13	13	13	13
Other Assets	82	105	92	134	126	139	140	179	268	207	187	258
Total Assets	100	131	123	164	155	170	186	226	352	332	325	397

Below is a detailed analysis of the balance sheet data for Vidhi Specialty Food Ingredients Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 5.00 Cr..
For Reserves, as of Mar 2025, the value is 297.00 Cr.. The value appears strong and on an upward trend. It has increased from 276.00 Cr. (Mar 2024) to 297.00 Cr., marking an increase of 21.00 Cr..
For Borrowings, as of Mar 2025, the value is 66.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 20.00 Cr. (Mar 2024) to 66.00 Cr., marking an increase of 46.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 29.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 24.00 Cr. (Mar 2024) to 29.00 Cr., marking an increase of 5.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 397.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 325.00 Cr. (Mar 2024) to 397.00 Cr., marking an increase of 72.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 126.00 Cr.. The value appears strong and on an upward trend. It has increased from 125.00 Cr. (Mar 2024) to 126.00 Cr., marking an increase of 1.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Mar 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 13.00 Cr..
For Other Assets, as of Mar 2025, the value is 258.00 Cr.. The value appears strong and on an upward trend. It has increased from 187.00 Cr. (Mar 2024) to 258.00 Cr., marking an increase of 71.00 Cr..
For Total Assets, as of Mar 2025, the value is 397.00 Cr.. The value appears strong and on an upward trend. It has increased from 325.00 Cr. (Mar 2024) to 397.00 Cr., marking an increase of 72.00 Cr..

Notably, the Reserves (297.00 Cr.) exceed the Borrowings (66.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	7	17	17	-9	33	22	28	11	-22	96	63	-5
Cash from Investing Activity +	-1	-10	-7	-1	-1	-4	-17	-3	-40	-42	-19	-7
Cash from Financing Activity +	-7	-4	-7	5	-29	-8	-19	-8	53	-47	-40	19
Net Cash Flow	-0	3	3	-5	3	10	-8	0	-9	6	4	8

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-28.00	-20.00	-20.00	-33.00	-13.00	2.00	17.00	22.00	-5.00	4.00	37.00	2.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	112	111	91	77	116	101	99	124	130	102	91	106
Inventory Days	85	92	103	81	111	93	97	102	92	67	75	108
Days Payable	60	59	77	38	75	74	50	53	63	34	28	30
Cash Conversion Cycle	138	144	117	120	152	120	146	173	159	135	138	184
Working Capital Days	153	146	114	123	179	145	154	175	187	153	156	187
ROCE %	16%	19%	30%	29%	24%	24%	33%	31%	29%	33%	18%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	64.27%	64.27%	64.27%	64.28%	64.28%	64.28%	64.28%	64.28%	64.28%	64.28%	64.28%	64.28%
FIIs	0.22%	0.37%	0.34%	0.20%	0.08%	0.09%	0.08%	0.07%	0.07%	0.08%	0.14%	0.11%
DIIs	0.00%	0.00%	0.11%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	35.51%	35.36%	35.27%	35.51%	35.63%	35.63%	35.64%	35.66%	35.65%	35.64%	35.60%	35.62%
No. of Shareholders	21,652	20,626	21,128	21,972	21,341	20,508	19,929	18,432	17,814	18,808	17,114	16,894

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	7.31	7.55	11.73	7.33	6.79
Diluted EPS (Rs.)	7.31	7.55	11.73	7.33	6.79
Cash EPS (Rs.)	8.53	8.24	12.33	7.89	7.38
Book Value[Excl.RevalReserv]/Share (Rs.)	56.02	50.13	43.38	32.25	25.73
Book Value[Incl.RevalReserv]/Share (Rs.)	56.02	50.13	43.38	32.25	25.73
Revenue From Operations / Share (Rs.)	60.66	80.77	107.37	53.26	44.91
PBDIT / Share (Rs.)	11.64	11.38	17.19	10.81	10.21
PBIT / Share (Rs.)	10.39	10.68	16.57	10.23	9.62
PBT / Share (Rs.)	9.76	9.96	15.79	9.91	9.03
Net Profit / Share (Rs.)	7.29	7.54	11.71	7.31	6.78
NP After MI And SOA / Share (Rs.)	7.29	7.54	11.71	7.31	6.78
PBDIT Margin (%)	19.18	14.09	16.01	20.29	22.74
PBIT Margin (%)	17.13	13.22	15.43	19.20	21.41
PBT Margin (%)	16.08	12.32	14.70	18.60	20.11
Net Profit Margin (%)	12.01	9.33	10.90	13.72	15.10
NP After MI And SOA Margin (%)	12.01	9.33	10.90	13.72	15.10
Return on Networth / Equity (%)	13.00	15.03	26.99	22.66	26.35
Return on Capital Employeed (%)	18.20	20.64	35.08	30.89	36.27
Return On Assets (%)	11.23	11.38	16.65	16.20	18.20
Long Term Debt / Equity (X)	0.00	0.01	0.07	0.01	0.01
Total Debt / Equity (X)	0.07	0.19	0.07	0.18	0.25
Asset Turnover Ratio (%)	0.92	1.18	1.86	1.29	0.00
Current Ratio (X)	4.79	2.86	2.32	2.99	2.61
Quick Ratio (X)	3.35	2.03	1.69	2.32	1.97
Inventory Turnover Ratio (X)	2.91	2.44	2.38	2.74	0.00
Dividend Payout Ratio (NP) (%)	19.18	10.59	5.11	10.92	14.72
Dividend Payout Ratio (CP) (%)	16.38	9.69	4.85	10.11	13.53
Earning Retention Ratio (%)	80.82	89.41	94.89	89.08	85.28
Cash Earning Retention Ratio (%)	83.62	90.31	95.15	89.89	86.47
Interest Coverage Ratio (X)	18.28	15.64	21.99	33.84	17.39
Interest Coverage Ratio (Post Tax) (X)	12.45	11.36	15.97	23.87	12.55
Enterprise Value (Cr.)	2279.94	1673.79	2104.86	1084.11	248.53
EV / Net Operating Revenue (X)	7.51	4.14	3.92	4.07	1.11
EV / EBITDA (X)	39.17	29.39	24.48	20.05	4.86
MarketCap / Net Operating Revenue (X)	7.49	4.04	3.89	4.00	1.01
Retention Ratios (%)	80.81	89.40	94.88	89.07	85.27
Price / BV (X)	8.11	6.51	9.63	6.60	1.76
Price / Net Operating Revenue (X)	7.49	4.04	3.89	4.00	1.01
EarningsYield	0.01	0.02	0.02	0.03	0.14

After reviewing the key financial ratios for Vidhi Specialty Food Ingredients Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 7.31. This value is within the healthy range. It has decreased from 7.55 (Mar 23) to 7.31, marking a decrease of 0.24.
For Diluted EPS (Rs.), as of Mar 24, the value is 7.31. This value is within the healthy range. It has decreased from 7.55 (Mar 23) to 7.31, marking a decrease of 0.24.
For Cash EPS (Rs.), as of Mar 24, the value is 8.53. This value is within the healthy range. It has increased from 8.24 (Mar 23) to 8.53, marking an increase of 0.29.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 56.02. It has increased from 50.13 (Mar 23) to 56.02, marking an increase of 5.89.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 56.02. It has increased from 50.13 (Mar 23) to 56.02, marking an increase of 5.89.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 60.66. It has decreased from 80.77 (Mar 23) to 60.66, marking a decrease of 20.11.
For PBDIT / Share (Rs.), as of Mar 24, the value is 11.64. This value is within the healthy range. It has increased from 11.38 (Mar 23) to 11.64, marking an increase of 0.26.
For PBIT / Share (Rs.), as of Mar 24, the value is 10.39. This value is within the healthy range. It has decreased from 10.68 (Mar 23) to 10.39, marking a decrease of 0.29.
For PBT / Share (Rs.), as of Mar 24, the value is 9.76. This value is within the healthy range. It has decreased from 9.96 (Mar 23) to 9.76, marking a decrease of 0.20.
For Net Profit / Share (Rs.), as of Mar 24, the value is 7.29. This value is within the healthy range. It has decreased from 7.54 (Mar 23) to 7.29, marking a decrease of 0.25.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 7.29. This value is within the healthy range. It has decreased from 7.54 (Mar 23) to 7.29, marking a decrease of 0.25.
For PBDIT Margin (%), as of Mar 24, the value is 19.18. This value is within the healthy range. It has increased from 14.09 (Mar 23) to 19.18, marking an increase of 5.09.
For PBIT Margin (%), as of Mar 24, the value is 17.13. This value is within the healthy range. It has increased from 13.22 (Mar 23) to 17.13, marking an increase of 3.91.
For PBT Margin (%), as of Mar 24, the value is 16.08. This value is within the healthy range. It has increased from 12.32 (Mar 23) to 16.08, marking an increase of 3.76.
For Net Profit Margin (%), as of Mar 24, the value is 12.01. This value exceeds the healthy maximum of 10. It has increased from 9.33 (Mar 23) to 12.01, marking an increase of 2.68.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 12.01. This value is within the healthy range. It has increased from 9.33 (Mar 23) to 12.01, marking an increase of 2.68.
For Return on Networth / Equity (%), as of Mar 24, the value is 13.00. This value is below the healthy minimum of 15. It has decreased from 15.03 (Mar 23) to 13.00, marking a decrease of 2.03.
For Return on Capital Employeed (%), as of Mar 24, the value is 18.20. This value is within the healthy range. It has decreased from 20.64 (Mar 23) to 18.20, marking a decrease of 2.44.
For Return On Assets (%), as of Mar 24, the value is 11.23. This value is within the healthy range. It has decreased from 11.38 (Mar 23) to 11.23, marking a decrease of 0.15.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.01 (Mar 23) to 0.00, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.07. This value is within the healthy range. It has decreased from 0.19 (Mar 23) to 0.07, marking a decrease of 0.12.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.92. It has decreased from 1.18 (Mar 23) to 0.92, marking a decrease of 0.26.
For Current Ratio (X), as of Mar 24, the value is 4.79. This value exceeds the healthy maximum of 3. It has increased from 2.86 (Mar 23) to 4.79, marking an increase of 1.93.
For Quick Ratio (X), as of Mar 24, the value is 3.35. This value exceeds the healthy maximum of 2. It has increased from 2.03 (Mar 23) to 3.35, marking an increase of 1.32.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.91. This value is below the healthy minimum of 4. It has increased from 2.44 (Mar 23) to 2.91, marking an increase of 0.47.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 19.18. This value is below the healthy minimum of 20. It has increased from 10.59 (Mar 23) to 19.18, marking an increase of 8.59.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 16.38. This value is below the healthy minimum of 20. It has increased from 9.69 (Mar 23) to 16.38, marking an increase of 6.69.
For Earning Retention Ratio (%), as of Mar 24, the value is 80.82. This value exceeds the healthy maximum of 70. It has decreased from 89.41 (Mar 23) to 80.82, marking a decrease of 8.59.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 83.62. This value exceeds the healthy maximum of 70. It has decreased from 90.31 (Mar 23) to 83.62, marking a decrease of 6.69.
For Interest Coverage Ratio (X), as of Mar 24, the value is 18.28. This value is within the healthy range. It has increased from 15.64 (Mar 23) to 18.28, marking an increase of 2.64.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 12.45. This value is within the healthy range. It has increased from 11.36 (Mar 23) to 12.45, marking an increase of 1.09.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,279.94. It has increased from 1,673.79 (Mar 23) to 2,279.94, marking an increase of 606.15.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 7.51. This value exceeds the healthy maximum of 3. It has increased from 4.14 (Mar 23) to 7.51, marking an increase of 3.37.
For EV / EBITDA (X), as of Mar 24, the value is 39.17. This value exceeds the healthy maximum of 15. It has increased from 29.39 (Mar 23) to 39.17, marking an increase of 9.78.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 7.49. This value exceeds the healthy maximum of 3. It has increased from 4.04 (Mar 23) to 7.49, marking an increase of 3.45.
For Retention Ratios (%), as of Mar 24, the value is 80.81. This value exceeds the healthy maximum of 70. It has decreased from 89.40 (Mar 23) to 80.81, marking a decrease of 8.59.
For Price / BV (X), as of Mar 24, the value is 8.11. This value exceeds the healthy maximum of 3. It has increased from 6.51 (Mar 23) to 8.11, marking an increase of 1.60.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 7.49. This value exceeds the healthy maximum of 3. It has increased from 4.04 (Mar 23) to 7.49, marking an increase of 3.45.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Vidhi Specialty Food Ingredients Ltd as of June 1, 2025 is: 370.70

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Vidhi Specialty Food Ingredients Ltd is Overvalued by 16.70% compared to the current share price 445.00

Intrinsic Value of Vidhi Specialty Food Ingredients Ltd as of June 1, 2025 is: 383.59

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Vidhi Specialty Food Ingredients Ltd is Overvalued by 13.80% compared to the current share price 445.00

Last 5 Year EPS CAGR: 3.48%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 25.25%, which is a positive sign. The company has higher reserves (138.50 cr) compared to borrowings (48.58 cr), indicating strong financial stability. The company has shown consistent growth in sales (272.33 cr) and profit (39.42 cr) over the years.	The stock has a high average Working Capital Days of 156.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 143.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Vidhi Specialty Food Ingredients Ltd:
1. Net Profit Margin: 12.01%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 18.2% (Industry Average ROCE: 10.35%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13% (Industry Average ROE: 9.17%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 12.45
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.35
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 51 (Industry average Stock P/E: 32.67)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.07
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Vidhi Specialty Food Ingredients Ltd. is a Public Limited Listed company incorporated on 19/01/1994 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24110MH1994PLC076156 and registration number is 076156. Currently Company is involved in the business activities of Manufacture of dyes and pigments from any source in basic form or as concentrate. Company's Total Operating Revenue is Rs. 382.30 Cr. and Equity Capital is Rs. 5.00 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Dyes & Pigments	E/27, Commerce Centre, Mumbai Maharashtra 400034	manek@vidhifoodcolors.com https://vidhifoodcolors.com

Management
Name	Position Held
Mr. Bipin M Manek	Chairman & Managing Director
Mr. Mihir B Manek	Exe.Jt.Mng.Director
Ms. Vidhi H Parekh	Whole Time Director
Mrs. Pravina B Manek	Non Executive Woman Director
Mr. Prafulchandra A Shah	Ind. Non-Executive Director
Mrs. Jyoti S Modi	Ind. Non-Executive Director
Mr. Nirenbhai D Desai	Ind. Non-Executive Director
Mr. Rahul C Berde	Ind. Non-Executive Director
Mr. Ashit Kantilal Doshi	Ind. Non-Executive Director
Mrs. Pranali P Govekar	Ind. Non-Executive Director
Mr. Anil Udeshi	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Vidhi Specialty Food Ingredients Ltd?

Vidhi Specialty Food Ingredients Ltd's intrinsic value (as of 01 June 2025) is ₹370.70 — 16.70% lower the current market price of 445.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,221 Cr. market cap, FY2025-2026 high/low of ₹572/382, reserves of 297 Cr, and liabilities of 397 Cr.

What is the Market Cap of Vidhi Specialty Food Ingredients Ltd?

The Market Cap of Vidhi Specialty Food Ingredients Ltd is 2,221 Cr..

What is the current Stock Price of Vidhi Specialty Food Ingredients Ltd as on 01 June 2025?

The current stock price of Vidhi Specialty Food Ingredients Ltd as on 01 June 2025 is 445.

What is the High / Low of Vidhi Specialty Food Ingredients Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Vidhi Specialty Food Ingredients Ltd stocks is ₹572/382.

What is the Stock P/E of Vidhi Specialty Food Ingredients Ltd?

The Stock P/E of Vidhi Specialty Food Ingredients Ltd is 51.0.

What is the Book Value of Vidhi Specialty Food Ingredients Ltd?

The Book Value of Vidhi Specialty Food Ingredients Ltd is 60.5.

What is the Dividend Yield of Vidhi Specialty Food Ingredients Ltd?

The Dividend Yield of Vidhi Specialty Food Ingredients Ltd is 0.79 %.

What is the ROCE of Vidhi Specialty Food Ingredients Ltd?

The ROCE of Vidhi Specialty Food Ingredients Ltd is 18.7 %.

What is the ROE of Vidhi Specialty Food Ingredients Ltd?

The ROE of Vidhi Specialty Food Ingredients Ltd is 14.9 %.

What is the Face Value of Vidhi Specialty Food Ingredients Ltd?

The Face Value of Vidhi Specialty Food Ingredients Ltd is 1.00.