Visaka Industries Ltd
Visaka Industries Ltd is engaged in the business of manufacture of cement fibre sheets, fibre cement boards & panels, solar panels and synthetic yarn.[1]
- Market Cap ₹ 945 Cr.
- Current Price ₹ 547
- High / Low ₹ 874 / 490
- Stock P/E 7.97
- Book Value ₹ 424
- Dividend Yield 2.74 %
- ROCE 21.0 %
- ROE 17.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.60% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.90%
- Promoter holding has increased by 2.51% over last quarter.
Cons
- The company has delivered a poor sales growth of 8.07% over past five years.
* 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.
Peer comparison
Sector: Cement - Products Industry: Cement Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
650 | 750 | 916 | 892 | 1,021 | 1,005 | 961 | 1,012 | 1,136 | 1,050 | 1,146 | 1,416 | |
566 | 672 | 809 | 835 | 925 | 910 | 843 | 862 | 993 | 942 | 953 | 1,216 | |
Operating Profit | 84 | 78 | 107 | 57 | 96 | 95 | 117 | 150 | 144 | 109 | 193 | 200 |
OPM % | 13% | 10% | 12% | 6% | 9% | 9% | 12% | 15% | 13% | 10% | 17% | 14% |
11 | 5 | 2 | 5 | 2 | 3 | 6 | 5 | 12 | 7 | 9 | 10 | |
Interest | 10 | 14 | 15 | 21 | 22 | 21 | 20 | 18 | 20 | 17 | 13 | 12 |
Depreciation | 16 | 18 | 20 | 22 | 43 | 36 | 34 | 35 | 35 | 41 | 40 | 38 |
Profit before tax | 68 | 51 | 75 | 19 | 33 | 40 | 69 | 102 | 100 | 57 | 149 | 161 |
Tax % | 34% | 33% | 32% | 36% | 36% | 39% | 38% | 35% | 33% | 14% | 26% | 26% |
Net Profit | 45 | 34 | 51 | 12 | 21 | 24 | 43 | 67 | 67 | 49 | 111 | 119 |
EPS in Rs | 28.38 | 21.62 | 31.92 | 7.54 | 13.37 | 15.39 | 26.94 | 41.91 | 42.45 | 31.04 | 67.13 | 68.59 |
Dividend Payout % | 18% | 23% | 19% | 33% | 37% | 33% | 22% | 17% | 17% | 48% | 22% | 22% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 8% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 23% |
3 Years: | 21% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 10% |
3 Years: | 17% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | |
Reserves | 245 | 271 | 310 | 317 | 316 | 331 | 377 | 430 | 484 | 489 | 606 | 715 |
Borrowings | 173 | 159 | 277 | 265 | 304 | 321 | 213 | 241 | 246 | 263 | 115 | 167 |
104 | 129 | 136 | 130 | 154 | 151 | 155 | 198 | 180 | 176 | 211 | 209 | |
Total Liabilities | 539 | 574 | 740 | 728 | 790 | 819 | 760 | 885 | 926 | 944 | 949 | 1,108 |
202 | 244 | 250 | 334 | 312 | 294 | 327 | 322 | 419 | 406 | 396 | 461 | |
CWIP | 8 | 4 | 16 | 21 | 0 | 4 | 12 | 69 | 1 | 9 | 5 | 49 |
Investments | 15 | 15 | 15 | 15 | 15 | 10 | 0 | 0 | 0 | 0 | 0 | 2 |
313 | 310 | 458 | 358 | 463 | 511 | 422 | 494 | 506 | 529 | 547 | 597 | |
Total Assets | 539 | 574 | 740 | 728 | 790 | 819 | 760 | 885 | 926 | 944 | 949 | 1,108 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | 71 | -54 | 121 | 8 | 89 | 153 | 88 | 71 | 74 | 294 | 55 | |
-42 | -41 | -59 | -91 | -21 | -28 | -62 | -105 | -49 | -34 | -54 | -173 | |
8 | -30 | 93 | -38 | 16 | -14 | -128 | 1 | -26 | -40 | -146 | 30 | |
Net Cash Flow | -7 | 0 | -20 | -7 | 2 | 47 | -37 | -16 | -3 | -0 | 95 | -87 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 36 | 34 | 40 | 46 | 53 | 57 | 54 | 50 | 49 | 33 | 35 |
Inventory Days | 148 | 128 | 188 | 122 | 158 | 148 | 144 | 179 | 180 | 216 | 174 | 159 |
Days Payable | 18 | 19 | 38 | 30 | 37 | 40 | 41 | 73 | 52 | 61 | 65 | 47 |
Cash Conversion Cycle | 169 | 145 | 184 | 132 | 167 | 162 | 160 | 161 | 178 | 204 | 142 | 147 |
Working Capital Days | 95 | 78 | 118 | 97 | 112 | 101 | 88 | 92 | 100 | 116 | 62 | 53 |
ROCE % | 19% | 15% | 17% | 7% | 9% | 9% | 14% | 18% | 17% | 10% | 22% | 21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 May - Letter VILSTEX/ConCall/FY2023/15 Dated:11.05.2022, we enclose herewith a copy of the transcript of the Con Call on the Audited Standalone and Consolidated Financial Results of Visaka …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 May - Letter Ref: VILSTEX/ConCall/FY2023/15 Datded:11.05.2022, please find below the link to the audio recording of the Analysts/Investors Call on the Audited Standalone and Consolidated Financial Results …
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 May - Letter Ref: VILSTEX/ConCall/FY2023/15 Datded:l1.05.2022, in connection with the earnings con-call scheduled on May 13, 2022, please find enclosed herewith presentation covering highlights of the audited …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 May - Details of schedule of Earnings Q4 & FY2022 Conference Call, Pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015 ("SEBI LODR"),.
Annual reports
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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
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Cement Asbestos Business ( 60% of revenues)[1]
The company is the 2nd largest player in the asbestos cement sheet (ACS) segment in India with a market share of 18%.[2]
Its product portfolio include fibre cement sheets, adjustable ridges, apron pieces, cladding/ walling, north light ridges, barge boards and others.[3]
The capacity utilization of ACS segment declined from 95% in FY19 to 80% in FY20 due to slowdown in rural market and lockdown due to COVID-19.[4]