Vidhi Specialty Food Ingredients' Q2 FY 2025-26 Quarterly Results

Result Summary

• Vidhi Specialty Food Ingredients Ltd reported a 14.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 17.8%.
• Its expenses for the quarter were down by 14.7% QoQ and 22.6% YoY.
• The net profit decreased 16.9% QoQ and increased 2.3% YoY.
• The earnings per share (EPS) of Vidhi Specialty Food Ingredients Ltd stood at 2.11 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vidhi Specialty Food Ingredients Ltd is a prominent player in the food ingredients industry, primarily engaged in the manufacturing and distribution of food colors, additives, and other specialty food ingredients. The company operates within the broader food and beverage sector, providing essential components that enhance the aesthetic and functional qualities of food products. As of the latest information available up to October 2023, any recent major developments or strategic initiatives undertaken by Vidhi Specialty Food Ingredients Ltd have not been disclosed. Therefore, further specifics regarding the company's recent activities or strategic direction are not available at this time.

Revenue

In Q2FY26, Vidhi Specialty Food Ingredients Ltd reported total income of ₹75.67 crores, a decrease from ₹88.40 crores in Q1FY26, representing a quarter-over-quarter (QoQ) decline of 14.4%. Compared to Q2FY25, where the total income was ₹92.06 crores, there was a year-over-year (YoY) decline of 17.8%. This indicates a notable reduction in revenue over both the quarterly and annual periods. The decrease in total income suggests changes in the company's sales performance or market dynamics during these periods. The financial data provides a clear picture of the revenue trends affecting the company during this timeframe.

Profitability

The profitability metrics for Vidhi Specialty Food Ingredients Ltd show a profit before tax of ₹14.86 crores in Q2FY26, down from ₹17.15 crores in Q1FY26, marking a QoQ decline of 13.4%. Compared to Q2FY25's profit before tax of ₹13.54 crores, there is a YoY increase of 9.7%. The tax expense for Q2FY26 was ₹4.31 crores, a slight decrease from ₹4.45 crores in the previous quarter and an increase from ₹3.22 crores in the same quarter last year. Profit after tax for Q2FY26 was ₹10.56 crores, a decrease from ₹12.70 crores in Q1FY26, reflecting a QoQ decline of 16.9%. The YoY comparison shows a modest increase of 2.3% from the ₹10.32 crores reported in Q2FY25. The earnings per share (EPS) also decreased QoQ by 16.9% from ₹2.54 in Q1FY26 to ₹2.11 in Q2FY26, but improved YoY by 16.6% from ₹1.81 in Q2FY25. These metrics provide insight into the company's profit generation over the last year and quarter.

Operating Metrics

Vidhi Specialty Food Ingredients Ltd's total expenses in Q2FY26 were ₹60.81 crores, a reduction from ₹71.25 crores in Q1FY26, representing a QoQ decrease of 14.7%. Compared to Q2FY25, where expenses were ₹78.52 crores, there is a YoY decrease of 22.6%. This reduction in expenses could be indicative of cost management efforts or changes in operational scale. The company maintained a positive profit before tax margin, despite the variations in expense and income over the period. The financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio have not been provided in the data, hence cannot be calculated. However, the available financial figures suggest a focus on maintaining operational efficiency within the given period. These metrics are critical in understanding the operational aspects and financial health of the company.