Visaka Industries Ltd

Visaka Industries Ltd

₹ 84.8 -1.08%
12 Jun 3:06 p.m.
About

Incorporated in 1981, Visaka Industries Ltd manufactures cement fibre sheets, fibre cement boards & panels, solarpanels and synthetic yarn[1]

Key Points

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.

  • Market Cap 733 Cr.
  • Current Price 84.8
  • High / Low 124 / 55.0
  • Stock P/E
  • Book Value 86.2
  • Dividend Yield 0.60 %
  • ROCE 3.38 %
  • ROE -0.40 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.99 times its book value
  • Company has been maintaining a healthy dividend payout of 131%

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 2.44% over last 3 years.
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
420 480 365 357 452 448 339 344 396 458 308 351 426
368 416 340 331 427 412 326 330 372 418 305 340 381
Operating Profit 52 64 25 26 25 36 13 14 24 39 4 11 44
OPM % 12% 13% 7% 7% 6% 8% 4% 4% 6% 9% 1% 3% 10%
3 3 2 -1 3 2 2 2 4 2 2 2 3
Interest 3 3 4 7 8 8 8 10 9 11 11 11 11
Depreciation 11 11 13 13 13 14 14 15 17 16 16 16 16
Profit before tax 41 52 10 5 7 16 -6 -9 2 14 -22 -14 20
Tax % 27% 26% 27% 31% 35% 27% -20% -20% 40% 27% -24% -23% 28%
30 39 7 3 4 12 -5 -7 1 10 -17 -11 15
EPS in Rs 3.45 4.46 0.85 0.39 0.50 1.38 -0.59 -0.83 0.13 1.15 -1.92 -1.27 1.69
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,050 1,147 1,416 1,653 1,527 1,543
942 953 1,216 1,513 1,439 1,444
Operating Profit 109 193 200 141 88 99
OPM % 10% 17% 14% 9% 6% 6%
7 9 10 5 11 8
Interest 17 13 12 22 37 44
Depreciation 41 40 38 50 59 65
Profit before tax 57 149 161 74 3 -2
Tax % 14% 26% 26% 27% 72% 50%
49 111 118 54 1 -3
EPS in Rs 6.21 13.43 13.69 6.20 0.10 -0.35
Dividend Payout % 48% 22% 22% 32% 503% -144%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 3%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -450%
Stock Price CAGR
10 Years: 15%
5 Years: 14%
3 Years: -5%
1 Year: -25%
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
Equity Capital 16 17 17 17 17 17
Reserves 489 610 715 754 735 727
263 115 167 387 538 479
176 206 210 212 204 200
Total Liabilities 944 949 1,109 1,370 1,494 1,423
406 396 461 621 749 718
CWIP 9 5 50 37 29 11
Investments 0 0 0 0 0 0
529 548 599 712 717 693
Total Assets 944 949 1,109 1,370 1,494 1,423

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 109 61 84 90 110 108
ROCE % 21% 21% 10% 3% 3%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
48.36% 48.36% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42%
4.51% 4.53% 3.72% 3.83% 3.22% 0.81% 0.33% 0.71% 0.31% 0.38% 0.35% 0.46%
0.03% 0.96% 0.84% 0.84% 0.67% 0.02% 0.02% 0.30% 0.01% 0.02% 0.06% 0.06%
47.09% 46.14% 47.03% 46.92% 47.70% 50.74% 51.23% 50.57% 51.25% 51.17% 51.16% 51.07%
No. of Shareholders 29,96430,41630,88131,21834,35240,96443,77451,71751,16351,31351,47851,005

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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