Visaman Global Sales Ltd
Incorporated in 2019, Visaman Global
Sales Ltd manufactures & trades steel
pipes, structural steel, coils, sheets,
plates, etc.[1]
- Market Cap ₹ 227 Cr.
- Current Price ₹ 113
- High / Low ₹ 145 / 34.0
- Stock P/E 37.4
- Book Value ₹ 41.1
- Dividend Yield 0.00 %
- ROCE 11.4 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 74.9% CAGR over last 5 years
- Debtor days have improved from 38.6 to 23.6 days.
- Promoter holding has increased by 4.26% over last quarter.
Cons
- Stock is trading at 2.76 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.1% over last 3 years.
- Working capital days have increased from 41.9 days to 96.3 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 48 | 136 | 324 | 408 | 308 | 266 | 249 | |
| 48 | 135 | 321 | 401 | 300 | 259 | 234 | |
| Operating Profit | 0 | 2 | 3 | 7 | 8 | 7 | 14 |
| OPM % | 1% | 1% | 1% | 2% | 2% | 3% | 6% |
| 0 | -0 | 0 | 0 | 0 | 1 | 2 | |
| Interest | 0 | 1 | 1 | 5 | 6 | 5 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Profit before tax | 0 | 0 | 1 | 2 | 2 | 2 | 8 |
| Tax % | 23% | 32% | 26% | 25% | 24% | 14% | 25% |
| 0 | 0 | 1 | 1 | 1 | 2 | 6 | |
| EPS in Rs | 1.06 | 0.69 | 1.98 | 1.77 | 1.30 | 1.55 | 3.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -15% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 75% |
| 3 Years: | 70% |
| TTM: | 183% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 190% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 5 | 5 | 7 | 10 | 14 | 21 |
| Reserves | 0 | 1 | 2 | 3 | 1 | 14 | 61 |
| 6 | 7 | 14 | 43 | 52 | 65 | 79 | |
| 5 | 15 | 19 | 6 | 8 | 6 | 6 | |
| Total Liabilities | 13 | 27 | 40 | 59 | 72 | 99 | 168 |
| 0 | 0 | 1 | 1 | 2 | 2 | 11 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 7 | 8 |
| Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| 13 | 27 | 38 | 57 | 70 | 91 | 149 | |
| Total Assets | 13 | 27 | 40 | 59 | 72 | 99 | 168 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -8 | -2 | -5 | -1 | 6 | 15 | -43 | |
| -0 | -0 | -1 | -1 | 0 | -7 | -16 | |
| 8 | 3 | 5 | 2 | -3 | 1 | 47 | |
| Net Cash Flow | 0 | 1 | -0 | -0 | 3 | 9 | -12 |
| Free Cash Flow | -8 | -3 | -6 | -1 | 5 | 8 | -56 |
| CFO/OP | -1,795% | -141% | -151% | -8% | 83% | 223% | -297% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 37 | 29 | 27 | 35 | 57 | 24 |
| Inventory Days | 26 | 15 | 11 | 19 | 40 | 31 | 132 |
| Days Payable | 37 | 37 | 21 | 3 | 5 | 7 | 5 |
| Cash Conversion Cycle | 42 | 15 | 19 | 43 | 70 | 81 | 151 |
| Working Capital Days | 14 | 13 | 8 | 13 | 19 | 11 | 96 |
| ROCE % | 14% | 16% | 17% | 12% | 10% | 11% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Revenue from Operations (Trading Performance Proxy) Rs. Crore |
|
||
| Average Collection Period (Debtors) Days |
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| Inventory Holding Period Days |
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| Installed Capacity - HR Coils and Plates MT p.a. |
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| Total Employees Numbers |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
5 June 2026 - Visaman Global Sales Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) …
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Disclosure under SEBI Takeover Regulations
5 June 2026 - Visaman Global Sales Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) …
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Structural Digital Database
29 May 2026 - Submitted SDD compliance certificate for FY ended 31 March 2026.
-
Integrated Filing- Financial
27 May 2026 - Board approved audited FY26 standalone and consolidated results on 27 May 2026; unmodified audit opinion.
-
Outcome of Board Meeting
27 May 2026 - Board approved FY26 audited standalone and consolidated results, with unmodified audit opinion and IPO fund utilisation update.
Business Overview:[1][2]
a) VGSL supplies various specification of structural steels, BGL coils, GP(GI) coils, HR coils, CR coils, colour coated coils, MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, colour coated sheets, roofing PUF panel, wall PUF panel, round pipes, square pipes, rectangle pipes, etc.
b) It provides credit facility to its existing customers as value added service.
c) Company provides customization to meet the specific requirement of its customers w.r.t specific size, length, breadth, thickness etc. of its products. It sends the requisition to manufacturer for customization of specified products. Further, in certain cases, if the manufacturer is unable to do the specified customization, then, the same will be get done by the third-party process houses
d) Company outsources the process of modification and alteration to third parties
e) It sells its products through a diversified sales & distribution mix viz. B2C, B2CH, and B2B
f) Company provides comprehensive 3rd- party logistics services, end-to-end customized logistics solutions to its clients