Vidhi Specialty Food Ingredients share price today

Vidhi Specialty Food Ingredients Ltd's share price was ₹317.15 at the close on 4 November 2026. It has been rising for 7 weeks. That is 3.2% below its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 18 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Vidhi Specialty Food Ingredients Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹263 and ₹375, and at that close it sat 48% of the way up from that low.

Over the last 11 years the share price moved +440% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: highest quarterly profit in 16 quarters and operating margin down 5 points on a year earlier.

1. Highest quarterly profit in 16 quarters

   Profit of ₹18 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit rose because the core manufacturing business did more business than in the previous quarter.

   Next results: check whether sales in the second half are similar to or slightly better than the first half on current orders.

   From the earnings call on 26 Oct 2026.

2. Operating margin down 5 points on a year earlier

   19% in the September 2026 quarter, from 24%.

   Why: The margin fell because low-margin spot trading diluted overall profitability, even though core manufacturing held up.

   Next results: check whether higher-value products reach the planned share of sales as the product mix changes.

   From the earnings call on 26 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Vidhi Specialty Food Ingredients reported revenue of ₹137 crore, up 82.7% from ₹75.0 crore a year earlier, and a profit of ₹18.0 crore, up 63.6% from ₹11.0 crore.

Vidhi Specialty Food Ingredients results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Vidhi Specialty Food Ingredients' management discussed these results on a call held on 26 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Vidhi Specialty Food Ingredients closed at ₹317.15 on 4 November 2026, down 2.6% from ₹325.60 a year earlier (7 November 2025) and down 10.1% over five years. Its highest weekly close since March 2016 was ₹563.55 on 13 December 2024.

Vidhi Specialty Food Ingredients share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Vidhi Specialty Food Ingredients closed at ₹317.15, up 3.2% on the week and down 9.6% on the month. 26 Oct 2026: Vidhi Specialty Food Ingredients held its results call for July to September 2026. Management guided: Dahej full utilisation in FY27 on track.

Earlier

• Results for July to September 2026: Revenue up 82.7% and profit up 63.6% on a year earlier.
• 14 Nov 2025: ex-date for an interim dividend of ₹1.50 a share.

Vidhi Specialty Food Ingredients paid ₹1.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.47% at the ₹317.15 close on 4 November 2026. The last was an interim dividend of ₹1.50 a share, ex-date 14 November 2025.

Vidhi Specialty Food Ingredients dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Vidhi Specialty Food Ingredients Ltd paid out 31% of its profit as dividends in FY26, and it paid a dividend in each of its last 7 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 26 October 2026, Vidhi Specialty Food Ingredients' management guided: Dahej full utilisation in FY27 on track.

“The revenue generation that we expect from investing these 75 crores is to the tune of 225 to 250 crores.”Mihir Manek, Joint Managing Director, on the call for July to September 2026

What management guided

• Dahej new value-added line ₹75-85 crore, construction from last quarter FY27 to commissioning mid to end FY28.
• Dahej new line revenue ₹225-250 crore on ₹75 crore of spending.
• Roha Cote Titan dedicated facility ₹25-35 crore, on-ground in 2-3 months concurrent with Dahej.
• Effluent tweak adding 50-75 TPM from January to March 2027 enabling about 7,000 TPA.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 26 October 2026.

When Vidhi Specialty Food Ingredients reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: Dahej ramp to reach full utilisation through H2 on current orders - per management outlook.

Vidhi Specialty Food Ingredients is not on any of our India lists this week.

Vidhi Specialty Food Ingredients Ltd earned ₹18.0 Cr of net profit in the Sep 2026 quarter, +63.6% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹49.0 Cr. Over 6 years profit has grown 6.3% a year on average. That is 13.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹11.0 Cr.

For the full year, FY26 profit was ₹49.0 Cr (+14.0% on the year before).

Why profit moved: revenue changed +82.7% on a year earlier and the margin moved −5.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +23.8% and revenue +38.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Vidhi Specialty Food Ingredients Ltd reported ₹137 Cr of revenue in the Sep 2026 quarter, +82.7% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 6 years it has grown 9.1% a year on average. The last full year, FY26, came in at ₹380 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹500 Cr.

FY26 revenue was ₹380 Cr, −0.5% on the year before.

Recent pace: the last four quarters grew +38.8% on average, against 9.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +34.4%, against +26.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +22.4%, against +27.3% a year (rolling over).

Vidhi Specialty Food Ingredients Ltd's operating margin was 19.0% in the Sep 2026 quarter, 5.0 percentage points lower than the same quarter a year ago. Across 7 years it has been between 14.0% and 22.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −4.2 percentage points on the year while gross margin changed −12.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 84% of Vidhi Specialty Food Ingredients Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹42.0 Cr of operating cash against ₹49.0 Cr of profit. After ₹16.0 Cr of spending on assets, ₹26.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 84% of profit came in as cash: the cash cycle got 79 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building.

Vidhi Specialty Food Ingredients Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 238 days in FY26, up from 159 days in FY21. It spent ₹45.0 Cr on assets over the last 3 years. Customers take 137 days to pay, and stock sits for 136 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹380 Cr, each day of that cycle ties up about ₹1.0 Cr, so roughly ₹248 Cr is tied up in the business at any time.

FY26: customers took 137 days to pay and stock sat for 136 days, about 4.5 months of sales sitting as stock, for a full cycle of 238 days, longer than FY21's 159.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 136 days. Customers pay about 137 days after that. Suppliers are paid at 35 days. Together that makes the 238-day cycle.

Spending on assets: ₹45.0 Cr over the last 3 years, against ₹23.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹4.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Vidhi Specialty Food Ingredients Ltd's P/E is 26.3×, near the low end of its own history: it has been lower only 12% of the time. Its usual P/E (the middle reading) is 37.7×, over 6.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.