Visaka Industries Ltd
₹ 85.7
1.44%
27 Jun
- close price
About
Incorporated in 1981, Visaka Industries Ltd manufactures cement fibre sheets, fibre cement boards & panels, solarpanels and synthetic yarn[1]
Key Points
- Market Cap ₹ 740 Cr.
- Current Price ₹ 85.7
- High / Low ₹ 123 / 55.0
- Stock P/E 5,288
- Book Value ₹ 86.9
- Dividend Yield 0.58 %
- ROCE 3.61 %
- ROE 0.02 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.99 times its book value
- Company has been maintaining a healthy dividend payout of 1,096%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.96% over past five years.
- Company has a low return on equity of 2.63% over last 3 years.
- Debtor days have increased from 35.8 to 44.0 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 892 | 1,021 | 1,005 | 961 | 1,012 | 1,136 | 1,050 | 1,146 | 1,416 | 1,647 | 1,521 | 1,541 | |
| 835 | 925 | 910 | 843 | 862 | 993 | 942 | 953 | 1,216 | 1,507 | 1,433 | 1,440 | |
| Operating Profit | 57 | 96 | 95 | 117 | 150 | 144 | 109 | 193 | 200 | 139 | 88 | 101 |
| OPM % | 6% | 9% | 9% | 12% | 15% | 13% | 10% | 17% | 14% | 8% | 6% | 7% |
| 5 | 2 | 3 | 6 | 5 | 12 | 7 | 9 | 10 | 8 | 11 | 8 | |
| Interest | 21 | 22 | 21 | 20 | 18 | 20 | 17 | 13 | 12 | 22 | 36 | 44 |
| Depreciation | 22 | 43 | 36 | 34 | 35 | 35 | 41 | 40 | 38 | 50 | 58 | 63 |
| Profit before tax | 19 | 33 | 40 | 69 | 102 | 100 | 57 | 149 | 161 | 74 | 4 | 1 |
| Tax % | 36% | 36% | 39% | 38% | 35% | 33% | 14% | 26% | 26% | 26% | 44% | 89% |
| 12 | 21 | 24 | 43 | 67 | 67 | 49 | 111 | 119 | 55 | 3 | 0 | |
| EPS in Rs | 1.51 | 2.68 | 3.08 | 5.39 | 8.38 | 8.49 | 6.21 | 13.43 | 13.72 | 6.34 | 0.29 | 0.02 |
| Dividend Payout % | 33% | 37% | 33% | 22% | 17% | 17% | 48% | 22% | 22% | 32% | 171% | 3,086% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 8% |
| 3 Years: | 3% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -40% |
| 5 Years: | -69% |
| 3 Years: | -89% |
| TTM: | -94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | -3% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 8% |
| 3 Years: | 3% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 317 | 316 | 331 | 377 | 430 | 484 | 489 | 610 | 715 | 756 | 738 | 733 |
| 265 | 304 | 321 | 213 | 241 | 246 | 263 | 115 | 167 | 388 | 535 | 479 | |
| 130 | 154 | 151 | 155 | 198 | 180 | 176 | 206 | 209 | 210 | 202 | 199 | |
| Total Liabilities | 728 | 790 | 819 | 760 | 885 | 926 | 944 | 949 | 1,108 | 1,371 | 1,493 | 1,429 |
| 334 | 312 | 294 | 327 | 322 | 419 | 406 | 396 | 461 | 615 | 738 | 711 | |
| CWIP | 21 | 0 | 4 | 12 | 69 | 1 | 9 | 5 | 49 | 36 | 28 | 10 |
| Investments | 15 | 15 | 10 | 0 | 0 | 0 | 0 | 0 | 2 | 12 | 14 | 14 |
| 358 | 463 | 511 | 422 | 494 | 506 | 529 | 547 | 597 | 708 | 712 | 694 | |
| Total Assets | 728 | 790 | 819 | 760 | 885 | 926 | 944 | 949 | 1,108 | 1,371 | 1,493 | 1,429 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 121 | 8 | 89 | 153 | 88 | 71 | 74 | 294 | 55 | 30 | 5 | 119 | |
| -91 | -21 | -28 | -62 | -105 | -49 | -34 | -54 | -173 | -214 | -91 | -39 | |
| -38 | 16 | -14 | -128 | 1 | -26 | -40 | -146 | 30 | 188 | 93 | -100 | |
| Net Cash Flow | -7 | 2 | 47 | -37 | -16 | -3 | -0 | 95 | -87 | 4 | 7 | -19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 40 | 46 | 53 | 57 | 54 | 50 | 49 | 33 | 35 | 30 | 33 | 44 |
| Inventory Days | 122 | 158 | 148 | 144 | 179 | 180 | 216 | 174 | 159 | 158 | 188 | 158 |
| Days Payable | 30 | 37 | 40 | 41 | 73 | 52 | 61 | 65 | 47 | 38 | 39 | 36 |
| Cash Conversion Cycle | 132 | 167 | 162 | 160 | 161 | 178 | 204 | 142 | 147 | 150 | 182 | 166 |
| Working Capital Days | 90 | 106 | 93 | 76 | 81 | 94 | 109 | 62 | 84 | 90 | 110 | 109 |
| ROCE % | 7% | 9% | 9% | 14% | 18% | 17% | 10% | 21% | 21% | 10% | 3% | 4% |
Documents
Announcements
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Announcement Under Regulation 30 (LODR) - Updates (Intimation Of High Court Order)
2d - High Court upholds ₹25.92 Cr arbitration award favoring Visaka Industries in stadium naming rights dispute.
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Communication To Member Of The Company - Intimation On Tax Deduction On Dividend
25 Jun - Visaka informs shareholders on TDS rules for Rs.0.50 dividend FY25, with document submission deadline July 10, 2025.
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Closure of Trading Window
25 Jun - Trading window closed from July 1, 2025, till 48 hours after Q1 FY2026 results announcement.
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Announcement Under Regulation 30 (LODR) - General Updates (Sale Of Immovable Property - Vacant Land)
19 Jun - Visaka Industries sold vacant land in Gujarat for Rs. 45.3 crore to unrelated buyer on June 19, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
23 May - Whole-time director Mr. Joginapalli Pruthvidhar Rao ceases on May 25, 2025, after tenure completion.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
from bse
Concalls
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Aug 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Aug 2015TranscriptNotesPPT
Business Overview:[1][2]
VIL is India's 2nd largest player in the asbestos fibre cement sheet industry. It is into the business of manufacture, trading, and construction activity of cement fibre sheets, fibre cement boards & panels, solar panels, synthetic yarn, and trading of green products, eco-friendly products, sustainable products, and organic products.