Vidhi Specialty Food Ingredients Limited

Manufacturer of synthetic food colors for various industries, with R&D unit and global exports.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

Vidhi Specialty Food Ingredients Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 207.42 Cr
  • Satisfied Charges ₹ 11.25 Cr
  • Revenue Growth -24.74%
  • Profit Growth -35.58%
  • Ebitda -34.15%
  • Net Worth 15.58%
  • Total Assets -5.81%

About Vidhi Specialty Food Ingredients

Vidhi Specialty Food Ingredients Limited (VSFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 1994 and has a history of 31 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531717 and on the National Stock Exchange(NSE) under VIDHIING.

The Corporate was formerly known as Vidhi Dyestuffs Manufacturing Private Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹207.42 Cr. The company has closed loans amounting to ₹11.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vidhi Specialty Food Ingredients Limited India are Mitesh Manek as CFO and Vishakha Pandya as Company Secretary. Bipin Manek, Pravina Manek, Praful Shah, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vidhifoodcolour.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24110MH1994PLC076156

  • Company No.

    076156

  • Stock Symbol

    BSE : 531717 NSE : VIDHIING

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

What products or services does Vidhi Specialty Food Ingredients Limited offer?

Vidhi Specialty Food Ingredients Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Soda Ash, Caustic Soda, Dyes & Color Additives, AZO Dyes, Azo Pigment, Inorganic Acids, Flavours & Aromatics, Food Colors, Food Acidulant.

Who are the key members and board of directors at Vidhi Specialty Food Ingredients?

Executive Team (4)

NameDesignationAppointment DateStatus
Bipin Manek Country flag representing In Managing Director19-Jan-1994Current
Mihir Manek Country flag representing In Managing Director31-Jul-2006Current
Mitesh Manek Country flag representing In CFO09-Feb-2016Current
Vishakha Pandya Country flag representing In Company Secretary10-Feb-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Rahul Berde Country flag representing In Director 30-Sep-2014Current
Pravina Manek Country flag representing In Director 19-Jan-1994Current
Praful Shah Country flag representing In Director 06-Jan-2003Current
Nirenbhai Desai Country flag representing In Director 06-Jan-2003Current
Vidhi Parekh Country flag representing In Whole-Time Director 01-Nov-2020Current
Ashit Doshi Country flag representing In Director 20-Jun-2019Current

Financial Performance of Vidhi Specialty Food Ingredients.

Vidhi Specialty Food Ingredients Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.74% decrease. The company also saw a substantial fall in profitability, with a 35.58% decrease in profit. The company's net worth Soared by an impressive increase of 15.58%.

Vidhi Specialty Food Ingredients revenue growth over time
Vidhi Specialty Food Ingredients profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.74%
Revenue from Operations
-24.78%
Total Assets
-5.81%
Profit or Loss
-35.58%
Net Worth
15.58%
EBITDA
-34.15%

What is the Ownership and Shareholding Structure of Vidhi Specialty Food Ingredients?

In 2022, Vidhi Specialty Food Ingredients had a promoter holding of 64.28% and a public holding of 35.73%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹207.42 Cr

Satisfied Charges

₹11.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 135.72 Cr
  • Vijaya Bank : 71.70 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2015Vijaya Bank₹5.50 CrOpen
05 Feb 2010Hdfc Bank Limited₹135.72 CrOpen
22 Mar 2002Vijaya Bank₹5.55 CrOpen
26 Dec 1996Vijaya Bank₹60.65 CrOpen
21 Mar 2016Others₹10.00 CrSatisfied

How Many Employees Work at Vidhi Specialty Food Ingredients?

Vidhi Specialty Food Ingredients has a workforce of 65 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Vidhi Specialty Food Ingredients Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vidhi Specialty Food Ingredients, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vidhi Specialty Food Ingredients's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vidhi Specialty Food Ingredients

Recent activity within the organization

  • Annual General Meeting

    Vidhi Specialty Food Ingredients Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vidhi Specialty Food Ingredients Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 135.72 Cr registered on 05 Feb 2010 with Charge ID 10204274 was modified on 20 Feb 2023.

  • Director Appointment

    Ashit Kantilal Doshi was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 8 months .

  • Charges

    A charge registered on 21 Mar 2016 via Charge ID 100020310 with Others was fully satisfied on 09 Aug 2018.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100020310 was registered on 21 Mar 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Vidhi Specialty Food Ingredients Limited?

    Vidhi Specialty Food Ingredients Limited was incorporated on 19 Jan 1994.

  • What is authorized share capital and paid-up capital of Vidhi Specialty Food Ingredients Limited?

    The authorized share capital of Vidhi Specialty Food Ingredients Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Who are the current board members & directors of Vidhi Specialty Food Ingredients Limited?

    Currently 11 directors are associated with Vidhi Specialty Food Ingredients Limited.

    • Bipin Madhavji Manek
    • Pravina Bipin Manek
    • Praful Anantlal Shah
    • Mihir Bipin Manek
    • Nirenbhai Dinkerrai Desai
    • Rahul Chakradhar Berde
    • Vidhi Harsh Parekh
    • Ashit Kantilal Doshi
    • Jyoti Sunil Modi
    • Mitesh Dinesh Manek
    • Vishakha Shashikant Bhai Pandya

  • What is the registered address of Vidhi Specialty Food Ingredients Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vidhi Specialty Food Ingredients Limited is E/27 Commerce Center78, Tardeo Road, Mumbai, Maharashtra, India, 400034.

  • What is the corporate identification number (CIN) and company number of Vidhi Specialty Food Ingredients Limited?

    The corporate identification number (CIN) of Vidhi Specialty Food Ingredients Limited is L24110MH1994PLC076156 and the company number is 076156 as per Ministry of Corporate Affairs (MCA).

  • Is Vidhi Specialty Food Ingredients Limited registered with any stock exchange in India?

    Yes, Vidhi Specialty Food Ingredients Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VIDHIING.

  • What is the official website of Vidhi Specialty Food Ingredients Limited?

    The Official website of Vidhi Specialty Food Ingredients Limited is https://www.vidhifoodcolour.com

  • What has been the recent revenue trend for Vidhi Specialty Food Ingredients Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vidhi Specialty Food Ingredients Limited has fallen by -24.74%.

  • How many employees does Vidhi Specialty Food Ingredients Limited currently have?

    As Per 2023 financial reports, 65 employees are currently employed by Vidhi Specialty Food Ingredients Limited.

  • What change has been observed in the net worth of Vidhi Specialty Food Ingredients Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vidhi Specialty Food Ingredients Limited has experienced an upsurge of 15.58%.

  • What are the total open charges for Vidhi Specialty Food Ingredients Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vidhi Specialty Food Ingredients Limited amount to ₹ 207.42 Cr.

  • When was the last Balance Sheet of Vidhi Specialty Food Ingredients Limited filed with the ROC?

    The most recent Balance Sheet for Vidhi Specialty Food Ingredients Limited was filed with the ROC on 31 Mar 2023.

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