Vidhi Specialty Food Ingredients Ltd
Vidhi Specialty Food Ingredients Limited, incorporated in 1994, is a leading manufacturer of Superior Synthetic and Natural Food Grade Colours. The company is Asia’s 2nd largest food colour manufacture. The company’s products have applications in industries of Food & Beverage, Confectionary, Pharmaceuticals, Pet Foods, Cosmetics, Inkjet Inks, Personal Care, and Home Care. [1][2]
- Market Cap ₹ 1,759 Cr.
- Current Price ₹ 352
- High / Low ₹ 450 / 317
- Stock P/E 46.5
- Book Value ₹ 50.3
- Dividend Yield 0.23 %
- ROCE 17.6 %
- ROE 16.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.4%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Chemicals Industry: Dyes And Pigments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
115 | 120 | 143 | 189 | 185 | 193 | 213 | 228 | 225 | 266 | 537 | 404 | |
105 | 108 | 127 | 162 | 156 | 164 | 181 | 182 | 174 | 214 | 452 | 348 | |
Operating Profit | 10 | 12 | 16 | 27 | 29 | 29 | 31 | 46 | 51 | 53 | 85 | 56 |
OPM % | 8% | 10% | 11% | 14% | 16% | 15% | 15% | 20% | 22% | 20% | 16% | 14% |
0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 2 | 1 | 1 | |
Interest | 4 | 5 | 5 | 6 | 6 | 4 | 5 | 3 | 3 | 2 | 4 | 4 |
Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
Profit before tax | 5 | 6 | 9 | 19 | 23 | 24 | 24 | 41 | 45 | 50 | 79 | 50 |
Tax % | 33% | 35% | 34% | 36% | 35% | 38% | 36% | 29% | 25% | 26% | 26% | 24% |
Net Profit | 3 | 4 | 6 | 12 | 15 | 15 | 16 | 29 | 34 | 37 | 59 | 38 |
EPS in Rs | 0.68 | 0.83 | 1.20 | 2.49 | 2.95 | 2.93 | 3.13 | 5.82 | 6.82 | 7.35 | 11.76 | 7.58 |
Dividend Payout % | 0% | 24% | 34% | 20% | 27% | 27% | 26% | 14% | 15% | 11% | 3% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 22% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 19% |
3 Years: | 4% |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 63% |
5 Years: | 34% |
3 Years: | 79% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 25% |
3 Years: | 23% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
Reserves | 24 | 27 | 31 | 40 | 50 | 61 | 72 | 96 | 124 | 157 | 212 | 246 |
39 | 43 | 44 | 47 | 49 | 62 | 44 | 44 | 34 | 31 | 90 | 50 | |
15 | 18 | 21 | 39 | 18 | 36 | 35 | 25 | 23 | 33 | 44 | 30 | |
Total Liabilities | 83 | 93 | 100 | 131 | 123 | 164 | 155 | 170 | 186 | 226 | 352 | 332 |
13 | 19 | 18 | 17 | 31 | 30 | 29 | 31 | 31 | 29 | 38 | 47 | |
CWIP | 4 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 2 | 5 | 33 | 65 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 13 | 13 | 13 |
65 | 73 | 82 | 105 | 92 | 134 | 126 | 139 | 140 | 179 | 268 | 207 | |
Total Assets | 83 | 93 | 100 | 131 | 123 | 164 | 155 | 170 | 186 | 226 | 352 | 332 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 4 | 7 | 17 | 17 | -9 | 33 | 22 | 28 | 11 | -22 | 96 | |
-7 | -4 | -1 | -10 | -7 | -1 | -1 | -4 | -17 | -3 | -40 | -42 | |
8 | -1 | -7 | -4 | -7 | 5 | -29 | -8 | -19 | -8 | 53 | -47 | |
Net Cash Flow | 3 | -1 | -0 | 3 | 3 | -5 | 3 | 10 | -8 | 0 | -9 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 106 | 112 | 111 | 91 | 77 | 116 | 101 | 99 | 124 | 130 | 102 | 91 |
Inventory Days | 57 | 85 | 92 | 103 | 81 | 111 | 93 | 97 | 102 | 92 | 71 | 75 |
Days Payable | 51 | 60 | 59 | 77 | 38 | 75 | 74 | 50 | 53 | 63 | 36 | 28 |
Cash Conversion Cycle | 112 | 138 | 144 | 117 | 120 | 152 | 120 | 146 | 173 | 159 | 137 | 138 |
Working Capital Days | 135 | 153 | 146 | 114 | 123 | 179 | 145 | 154 | 175 | 187 | 153 | 156 |
ROCE % | 15% | 16% | 19% | 30% | 29% | 24% | 24% | 33% | 31% | 29% | 33% | 18% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Investor Presentation
1d - From time to time, our Company has announced its Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2023, …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Company has published the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2023 which have been considered, …
- Related Party Transaction For Second Half Year I.E March 2023 2d
- Corporate Action-Board approves Dividend 2d
- Results - Financial Results For Mar 31, 2023 2d
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Products
The company manufactures Synthetic Water Soluble Colours, Aluminium Lakes, FD&C Colours, FD&C Lakes, D&C Colours, Blends, Co-Blended Lakes & Co-Blended Granules, Natural Colours. Besides food colours the company is also engaged in sourcing and exporting high quality non food dyes as under: Acid Dyes, Textile Dyes,Reactive Dyes, Basic Dyes, Pigments. [1][2]