Vidhi Specialty Food Ingredients Ltd (VIDHIING) AI Stock Analysis

• Market Cap: ₹16.90B
• Dividend Yield: 1.7%
• Average Volume (3M): 12.01K
• Price to Earnings (P/E): 35.5
• Beta (1Y): 0.74
• Revenue Growth: 16.70%
• EPS Growth: 26.60%
• Country: IN
• Employees: 96
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Chemicals - Specialty
• EPS (TTM): 2.11
• Shares Outstanding: 49,945,000
• 10 Day Avg. Volume: 5,403
• 30 Day Avg. Volume: 12,014
• PEG Ratio: 2.85
• Price to Book (P/B): 7.75
• Price to Sales (P/S): 6.10
• P/FCF Ratio: -194.64
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹431.00 ▲(32.88% Upside)

Vidhi Specialty Food Ingredients Ltd shows strong financial performance with robust revenue growth and a solid balance sheet. However, cash flow challenges and a high P/E ratio suggest potential risks. Technical indicators point to a bearish trend, impacting the overall score. Addressing cash flow issues and improving market momentum could enhance the stock's attractiveness.

Vidhi Specialty Food Ingredients Ltd Business Overview & Revenue Model

Company Description

Vidhi Specialty Food Ingredients Ltd (VIDHIING) is a leading manufacturer and supplier of a diverse range of specialty food ingredients primarily catering to the food and beverage industry. The company focuses on producing high-quality ingredients such as flavors, colors, and functional additives that enhance the taste, appearance, and shelf-life of various food products. With a commitment to innovation and sustainability, VIDHIING serves a global clientele, contributing to the evolving demands of the food sector.

How the Company Makes Money

Vidhi Specialty Food Ingredients Ltd generates revenue through the production and sale of specialty food ingredients to various sectors, including processed foods, beverages, and dairy products. The company's revenue model is primarily based on direct sales to manufacturers and distributors, who incorporate VIDHIING's ingredients into their products. Key revenue streams include the sale of flavors, colorings, and functional additives, with a focus on customized solutions that meet the specific needs of clients. Additionally, VIDHIING may benefit from strategic partnerships with food manufacturers and distributors, which help expand its market reach and enhance brand visibility, ultimately contributing to its overall earnings.

Vidhi Specialty Food Ingredients Ltd Financial Statement Overview

Summary

Vidhi Specialty Food Ingredients Ltd demonstrates strong revenue growth and stable profitability margins. The balance sheet reflects low leverage and a solid equity base, providing a stable financial foundation. However, cash flow challenges with negative free cash flow and inefficiencies in cash conversion pose potential risks. Overall, the company shows robust growth but needs to address cash flow management to enhance financial health.

Income Statement

The company has demonstrated a solid revenue growth of 29.41% from 2024 to 2025, indicating strong sales performance. However, the gross profit margin decreased from 22.72% in 2024 to 37.82% in 2025, suggesting improved cost management. The net profit margin improved slightly from 12.34% to 11.35%. The EBIT margin and EBITDA margin showed stability, indicating consistent operational efficiency.

Balance Sheet

The balance sheet shows a healthy financial structure with a low debt-to-equity ratio of 0.22, reflecting low leverage and financial stability. Return on Equity (ROE) improved to 14.41% from 13.00%, showcasing effective utilization of equity. The equity ratio is strong at 76.03%, indicating a solid capital base and low reliance on external debt.

Cash Flow

Cash flow analysis reveals challenges with a negative free cash flow in 2025, indicating potential liquidity issues. The operating cash flow to net income ratio is -0.11, suggesting inefficiencies in converting net income to cash. The company experienced a significant decline in free cash flow compared to the previous year, highlighting the need for improved cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.87B	3.82B	2.98B	3.96B	5.27B	2.60B
Gross Profit	1.55B	1.45B	1.03B	725.64M	1.06B	676.41M
EBITDA	768.07M	700.58M	568.86M	556.30M	847.11M	533.02M
Net Income	476.52M	433.96M	364.48M	377.00M	585.68M	365.59M
Balance Sheet
Total Assets	0.00	3.96B	3.25B	3.31B	3.52B	2.26B
Cash, Cash Equivalents and Short-Term Investments	274.46M	291.78M	189.79M	178.97M	110.29M	44.00M
Total Debt	0.00	655.97M	203.85M	515.88M	904.09M	307.52M
Total Liabilities	-3.01B	949.69M	443.06M	803.99M	1.35B	642.56M
Stockholders Equity	3.01B	3.01B	2.80B	2.51B	2.17B	1.61B
Cash Flow
Free Cash Flow	0.00	-119.81M	435.73M	530.85M	-621.54M	78.59M
Operating Cash Flow	0.00	-45.60M	634.67M	959.15M	-214.57M	111.78M
Investing Cash Flow	0.00	-68.80M	-191.95M	-423.67M	-402.51M	-28.38M
Financing Cash Flow	0.00	191.77M	-400.17M	-474.54M	525.84M	-78.67M

Vidhi Specialty Food Ingredients Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 324.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VIDHIING, the sentiment is Negative. The current price of 324.35 is below the 20-day moving average (MA) of 345.99, below the 50-day MA of 360.38, and below the 200-day MA of 413.00, indicating a bearish trend. The MACD of -9.53 indicates Positive momentum. The RSI at 33.07 is Neutral, neither overbought nor oversold. The STOCH value of 22.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VIDHIING.

Vidhi Specialty Food Ingredients Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DOLLAR	69 Neutral	₹20.11B	20.72	―	0.88%	12.55%	6.68%
FLAIR	66 Neutral	₹33.09B	27.18	―	0.32%	18.12%	14.91%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
EVEREADY	62 Neutral	₹27.12B	32.55	―	0.44%	7.37%	-39.19%
VIDHIING	60 Neutral	₹16.90B	35.47	―	1.70%	16.70%	26.60%
DIAMONDYD	54 Neutral	₹26.57B	-61.69	―	0.05%	1.76%	-214.88%
DTIL	43 Neutral	₹1.69B	-61.49	―	0.63%	17.87%	97.96%