Investors Presentation for Quarter four and Financial year ended 31.03.2026
VIDHIING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vidhi Specialty Food Ingredients reported FY26 revenue of Rs. 380.0 Cr, down 0.6% YoY from Rs. 382.3 Cr, but EBITDA rose 13.9% to Rs. 78.0 Cr and PAT grew 12.8% to Rs. 49.0 Cr. The company chose not to declare a final dividend for FY26, opting to retain reserves for upcoming expansion activities. Q4 FY26 showed stronger sequential momentum with revenue of Rs. 122.7 Cr (+12% YoY) and PAT of Rs. 13.1 Cr (+10.5% YoY). EBITDA margin expanded to 20.5% in FY26 vs 17.9% in FY25. Management flagged a strategic shift away from low-margin trading revenue toward higher-margin manufactured and specialty products, and the newly launched CoatIcon tablet coating division is expected to drive new revenue streams. Two new capacity expansion projects are underway — at Arjun Foods in Roha (200 MT/month for pharma coatings) and new land in Dahej (300 MT/month for cosmetics and industrial applications).
The margin expansion and shift to higher-margin manufactured products signals improving profitability despite flat revenue. The skipped dividend and expansion pipeline indicate management is prioritizing growth investment over shareholder returns in the near term, which could be viewed positively for long-term value creation.