Visaka Industries Ltd
Incorporated in 1981, Visaka Industries Ltd manufactures cement fibre sheets, fibre cement boards & panels, solarpanels and synthetic yarn[1]
- Market Cap ₹ 722 Cr.
- Current Price ₹ 83.6
- High / Low ₹ 91.4 / 50.2
- Stock P/E 45.1
- Book Value ₹ 96.7
- Dividend Yield 1.43 %
- ROCE 7.03 %
- ROE 2.02 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.89 times its book value
- Company has been maintaining a healthy dividend payout of 1,092%
Cons
- The company has delivered a poor sales growth of 7.89% over past five years.
- Company has a low return on equity of 0.81% over last 3 years.
- Earnings include an other income of Rs.66.8 Cr.
* 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
Commodities Construction Materials Cement & Cement Products Cement & Cement Products
Part of BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,021 | 1,005 | 961 | 1,012 | 1,136 | 1,050 | 1,146 | 1,416 | 1,647 | 1,521 | 1,541 | 1,676 | |
| 925 | 910 | 843 | 862 | 993 | 942 | 953 | 1,216 | 1,507 | 1,433 | 1,440 | 1,534 | |
| Operating Profit | 96 | 95 | 117 | 150 | 144 | 109 | 193 | 200 | 139 | 88 | 101 | 141 |
| OPM % | 9% | 9% | 12% | 15% | 13% | 10% | 17% | 14% | 8% | 6% | 7% | 8% |
| 2 | 3 | 6 | 5 | 12 | 7 | 9 | 10 | 8 | 11 | 8 | 67 | |
| Interest | 22 | 21 | 20 | 18 | 20 | 17 | 13 | 12 | 22 | 36 | 44 | 33 |
| Depreciation | 43 | 36 | 34 | 35 | 35 | 41 | 40 | 38 | 50 | 58 | 63 | 65 |
| Profit before tax | 33 | 40 | 69 | 102 | 100 | 57 | 149 | 161 | 74 | 4 | 1 | 110 |
| Tax % | 36% | 39% | 38% | 35% | 33% | 14% | 26% | 26% | 26% | 44% | 89% | 20% |
| 21 | 24 | 43 | 67 | 67 | 49 | 111 | 119 | 55 | 3 | 0 | 88 | |
| EPS in Rs | 2.68 | 3.08 | 5.39 | 8.38 | 8.49 | 6.21 | 13.43 | 13.72 | 6.34 | 0.29 | 0.02 | 10.16 |
| Dividend Payout % | 37% | 33% | 22% | 17% | 17% | 48% | 22% | 22% | 32% | 171% | 3,093% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 1% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -32% |
| 3 Years: | -35% |
| TTM: | 11343% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | -11% |
| 3 Years: | -1% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 5% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 316 | 331 | 377 | 430 | 484 | 489 | 610 | 715 | 756 | 738 | 733 | 818 |
| 304 | 321 | 213 | 241 | 246 | 263 | 115 | 167 | 388 | 535 | 479 | 303 | |
| 154 | 151 | 155 | 198 | 180 | 176 | 206 | 209 | 210 | 202 | 199 | 219 | |
| Total Liabilities | 790 | 819 | 760 | 885 | 926 | 944 | 949 | 1,108 | 1,371 | 1,493 | 1,429 | 1,358 |
| 312 | 294 | 327 | 322 | 419 | 406 | 396 | 461 | 615 | 738 | 711 | 677 | |
| CWIP | 0 | 4 | 12 | 69 | 1 | 9 | 5 | 49 | 36 | 28 | 10 | 5 |
| Investments | 15 | 10 | 0 | 0 | 0 | 0 | 0 | 2 | 12 | 14 | 14 | 14 |
| 463 | 511 | 422 | 494 | 506 | 529 | 547 | 597 | 708 | 712 | 694 | 662 | |
| Total Assets | 790 | 819 | 760 | 885 | 926 | 944 | 949 | 1,108 | 1,371 | 1,493 | 1,429 | 1,358 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 89 | 153 | 88 | 71 | 74 | 294 | 55 | 30 | 5 | 119 | 183 | |
| -21 | -28 | -62 | -105 | -49 | -34 | -54 | -173 | -214 | -91 | -39 | 36 | |
| 16 | -14 | -128 | 1 | -26 | -40 | -146 | 30 | 188 | 93 | -100 | -210 | |
| Net Cash Flow | 2 | 47 | -37 | -16 | -3 | -0 | 95 | -87 | 4 | 7 | -19 | 9 |
| Free Cash Flow | -14 | 61 | 90 | -17 | 22 | 37 | 240 | -90 | -186 | -113 | 92 | 176 |
| CFO/OP | 13% | 117% | 151% | 79% | 76% | 83% | 168% | 49% | 38% | 10% | 117% | 139% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 53 | 57 | 54 | 50 | 49 | 33 | 35 | 30 | 33 | 44 | 35 |
| Inventory Days | 158 | 148 | 144 | 179 | 180 | 216 | 174 | 159 | 158 | 188 | 158 | 146 |
| Days Payable | 37 | 40 | 41 | 73 | 52 | 61 | 65 | 47 | 38 | 39 | 36 | 37 |
| Cash Conversion Cycle | 167 | 162 | 160 | 161 | 178 | 204 | 142 | 147 | 150 | 182 | 166 | 144 |
| Working Capital Days | 28 | 4 | 36 | 38 | 46 | 54 | 49 | 53 | 40 | 31 | 36 | 46 |
| ROCE % | 9% | 9% | 14% | 18% | 17% | 10% | 21% | 21% | 10% | 3% | 4% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cement Roofing Sheets - Capacity Utilization % |
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| Cement Roofing Sheets - Installed Capacity metric tonnes |
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| Synthetic Yarn - Spinning Positions spinning positions |
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| Vnext Fiber Cement Boards - Capacity Utilization % |
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| Vnext Fiber Cement Boards - Installed Capacity metric tonnes |
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| Dealer Network dealers |
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| Synthetic Yarn - Capacity Utilization % |
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Extracted by Screener AI
Documents
Announcements
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Update On Legal Disputes
10 Jul - Visaka received ₹68.73 crore on 10 Jul 2026 from HCA dispute award confirmed by Supreme Court.
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Communication Letter Sent To Shareholders Under Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015
10 Jul - Annual Report 2025-26 shared; 44th AGM scheduled on 30 July 2026 via VC/OAVM.
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Business Responsibility and Sustainability Reporting (BRSR)
8 Jul - Visaka Industries submitted FY2025-26 BRSR with ESG disclosures, workforce data, and sustainability metrics.
- Shareholders Meeting On July 30, 2026 8 Jul
- Reg. 34 (1) Annual Report. 8 Jul
Annual reports
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Financial Year 2026
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Financial Year 2025
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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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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 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Jan 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Aug 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Mar 2018TranscriptAI SummaryPPT
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Dec 2017TranscriptAI SummaryPPT
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Nov 2017TranscriptAI SummaryPPT
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Nov 2017TranscriptAI SummaryPPT
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Aug 2017TranscriptAI SummaryPPT
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Jun 2017TranscriptAI SummaryPPT
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Jun 2017TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Aug 2015TranscriptAI SummaryPPT
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.