Vidhi Specialty Food Ingredients Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Vidhi Specialty reported Q2 revenue of INR 75 Cr (-17.8% YoY) but improved profitability. Q2 EBITDA grew 16.3% to INR 17.7 Cr (23.6% margin), and H1 PAT rose 24.1% to INR 23.3 Cr, driven by a strategic shift to high-margin, value-added products and operational efficiency. The Dahej plant is at 65-70% utilization, targeting full capacity by year-end. New capex of ~INR 100 Cr is planned at Dahej and Roha. The company is expanding into non-food industrial applications, targeting double-digit growth, and holds ~12% global market share in synthetic food colors. Management is confident about future growth and margin expansion.