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    Vidhi Specialty Food Ingredients Limited

    Asia's 2nd-largest manufacturer of synthetic food, drug & cosmetic colours, exporting to 80+ countries.

    Chemicals
    Commodities
    View VIDHIING earnings calls
    ₹284.4
    -5.30% from avg

    Overview

    Price

    ₹284.4

    Market Cap

    ₹1.6k Cr

    Sector

    Chemicals

    Commodities

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital55555555
    Reserves124157212246276297306324
    Borrowings3431905220666058
    Other Liabilities2333442924294333
    Total Liabilities186226352332325397414420
    AssetsFixed Assets31293847125126135133
    CWIP2533650000
    Investments1313131313131313
    Other Assets140179268207187258266274
    Total Assets186226352332325397414420

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating222811-229663-542
    Cash from Investing-4-17-3-40-42-19-7-16
    Cash from Financing-8-19-853-47-4019-35
    SummaryCapital Expenditure
    Free Cash Flow18238-625344-1226
    FCF Margin

    Valuation

    Assumptions

    Current — VIDHIING
    Price
    ₹284
    EPS (TTM)
    ₹9.84
    PE (TTM)
    28.9
    Profit growth
    8.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (56.8×) and current (28.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹284
    vs
    Fair value · 15% return
    ₹186
    35%Overvalued

    At 8.8% growth and a 29× exit, ₹284 only delivers your return if you pay ₹186. The price is currently baking in 17% growth.

    EPS grows 8.8%/yr for 5 years, then fades to 6% over 2, exits at 29×.

    YearGrowthEPS (₹)
    FY278.8%10.71
    FY288.8%11.65
    FY298.8%12.67
    FY308.8%13.79
    FY318.8%15.00
    FY327.4% ·fade16.11
    FY336.0% ·fade17.08

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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