Visaka Industries Ltd
Incorporated in 1981, Visaka Industries Ltd manufactures cement fibre sheets, fibre cement boards & panels, solarpanels and synthetic yarn[1]
- Market Cap ₹ 606 Cr.
- Current Price ₹ 69.9
- High / Low ₹ 107 / 55.0
- Stock P/E 34.4
- Book Value ₹ 90.8
- Dividend Yield 0.72 %
- ROCE 3.50 %
- ROE -0.25 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.77 times its book value
- Company has been maintaining a healthy dividend payout of 131%
- Promoter holding has increased by 4.82% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.00% over past five years.
- Company has a low return on equity of 2.49% over last 3 years.
- Earnings include an other income of Rs.44.0 Cr.
- Debtor days have increased from 36.0 to 44.6 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.
Peer comparison
Commodities Construction Materials Cement & Cement Products Cement & Cement Products
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 1,050 | 1,147 | 1,416 | 1,653 | 1,527 | 1,543 | 1,608 | |
| 942 | 953 | 1,216 | 1,513 | 1,439 | 1,443 | 1,489 | |
| Operating Profit | 109 | 193 | 200 | 141 | 88 | 100 | 119 |
| OPM % | 10% | 17% | 14% | 9% | 6% | 7% | 7% |
| 7 | 9 | 10 | 5 | 11 | 7 | 44 | |
| Interest | 17 | 13 | 12 | 22 | 37 | 44 | 39 |
| Depreciation | 41 | 40 | 38 | 50 | 59 | 65 | 64 |
| Profit before tax | 57 | 149 | 161 | 74 | 3 | -2 | 59 |
| Tax % | 14% | 26% | 26% | 27% | 72% | 50% | |
| 49 | 111 | 118 | 54 | 1 | -3 | 47 | |
| EPS in Rs | 6.21 | 13.43 | 13.69 | 6.20 | 0.10 | -0.35 | 5.44 |
| Dividend Payout % | 48% | 22% | 22% | 32% | 503% | -144% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 3% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 239% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | -1% |
| 3 Years: | -8% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 2% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 489 | 610 | 715 | 754 | 735 | 727 | 767 |
| 263 | 115 | 167 | 387 | 538 | 479 | 419 | |
| 176 | 206 | 210 | 212 | 204 | 200 | 196 | |
| Total Liabilities | 944 | 949 | 1,109 | 1,370 | 1,494 | 1,423 | 1,399 |
| 406 | 396 | 461 | 621 | 749 | 718 | 696 | |
| CWIP | 9 | 5 | 50 | 37 | 29 | 11 | 16 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 529 | 548 | 599 | 712 | 717 | 693 | 687 | |
| Total Assets | 944 | 949 | 1,109 | 1,370 | 1,494 | 1,423 | 1,399 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 74 | 294 | 54 | 29 | 3 | 114 | |
| -34 | -54 | -171 | -212 | -89 | -33 | |
| -40 | -146 | 30 | 187 | 93 | -100 | |
| Net Cash Flow | -0 | 95 | -87 | 4 | 7 | -19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 49 | 33 | 34 | 30 | 33 | 45 |
| Inventory Days | 216 | 174 | 160 | 157 | 188 | 158 |
| Days Payable | 61 | 65 | 47 | 38 | 40 | 36 |
| Cash Conversion Cycle | 204 | 142 | 147 | 149 | 181 | 166 |
| Working Capital Days | 54 | 49 | 54 | 40 | 31 | 35 |
| ROCE % | 21% | 21% | 10% | 3% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper publication of Audited Financial Statement (Standalone and Consolidated) for the quarter ended September 30, 2025
- Audited Financial Results 13 Nov
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Board Meeting Outcome for Outcome Of Board Meeting
13 Nov - Board approved audited Q2/H1 results (30 Sep 2025); H1 consolidated PAT Rs.4,342.09 lakhs; land-sale gain Rs.3,674.30 lakhs.
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Board Meeting Intimation for Approval Of Audited Financial Results Of The Company (Standalone And Consolidated) For The Second Quarter And Half Year Ended September 30, 2025
3 Nov - Board meeting on 13 Nov 2025 to approve Q2 and H1 FY2026 audited financial results; trading window closed.
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Re-Lodgement Of Transfer Requests Of Physical Shares
16 Oct - No transfer requests approved for re-lodgement as of September 30, 2025 under SEBI July 2, 2025 circular.
Annual reports
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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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Financial Year 2012
from nse
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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Jul 2021TranscriptNotesPPT
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Jan 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Mar 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 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.