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 ₹ 832 Cr.
- Current Price ₹ 96.3
- High / Low ₹ 178 / 80.5
- Stock P/E
- Book Value ₹ 87.1
- Dividend Yield 0.52 %
- ROCE 3.23 %
- ROE 0.11 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.11 times its book value
- Company has been maintaining a healthy dividend payout of 186%
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.04% over last 3 years.
- Company might be capitalizing the interest cost
* 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
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 | TTM | |
---|---|---|---|---|---|---|
1,050 | 1,147 | 1,416 | 1,653 | 1,527 | 1,536 | |
942 | 953 | 1,216 | 1,513 | 1,439 | 1,445 | |
Operating Profit | 109 | 193 | 200 | 141 | 88 | 91 |
OPM % | 10% | 17% | 14% | 9% | 6% | 6% |
7 | 9 | 10 | 5 | 11 | 10 | |
Interest | 17 | 13 | 12 | 22 | 37 | 39 |
Depreciation | 41 | 40 | 38 | 50 | 59 | 62 |
Profit before tax | 57 | 149 | 161 | 74 | 3 | 0 |
Tax % | 14% | 26% | 26% | 27% | 72% | |
49 | 111 | 118 | 54 | 1 | -1 | |
EPS in Rs | 6.21 | 13.43 | 13.69 | 6.20 | 0.10 | -0.14 |
Dividend Payout % | 48% | 22% | 22% | 32% | 503% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -80% |
TTM: | -104% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 11% |
3 Years: | -7% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 16 | 17 | 17 | 17 | 17 |
Reserves | 489 | 606 | 715 | 754 | 735 |
263 | 115 | 167 | 387 | 538 | |
176 | 211 | 210 | 212 | 204 | |
Total Liabilities | 944 | 949 | 1,109 | 1,370 | 1,494 |
406 | 396 | 461 | 621 | 749 | |
CWIP | 9 | 5 | 50 | 37 | 29 |
Investments | 0 | 0 | 0 | 0 | 0 |
529 | 548 | 599 | 712 | 717 | |
Total Assets | 944 | 949 | 1,109 | 1,370 | 1,494 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
74 | 294 | 54 | 29 | 3 | |
-34 | -54 | -171 | -212 | -89 | |
-40 | -146 | 30 | 187 | 93 | |
Net Cash Flow | -0 | 95 | -87 | 4 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 49 | 33 | 34 | 30 | 33 |
Inventory Days | 216 | 174 | 160 | 157 | 188 |
Days Payable | 61 | 65 | 47 | 38 | 40 |
Cash Conversion Cycle | 204 | 142 | 147 | 149 | 181 |
Working Capital Days | 109 | 61 | 84 | 90 | 110 |
ROCE % | 22% | 21% | 10% | 3% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under SEBI Regulation 74(5) submitted.
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Announcement under Regulation 30 (LODR)-Credit Rating
7 Oct - CARE Ratings assigns ratings to Visaka Industries' financial facilities.
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Closure of Trading Window
27 Sep - Closure of trading window from October 1, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Aug - Newspaper publication copy in connection with audited financial results for the first quarter ended June 30, 2024.
- Results-Financial Results For June 30, 2024 12 Aug
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
from bse
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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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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
Cement Asbestos Business **
The company is the 2nd largest player in the asbestos cement sheet (ACS) segment in India with a market share of 18%**.[1]
Its product portfolio include fiber cement sheets, adjustable ridges, apron pieces, cladding/ walling, north light ridges, barge boards and others.[2]