Visaman Global Sales Ltd
Incorporated in 2019, Visaman Global
Sales Ltd manufactures & trades steel
pipes, structural steel, coils, sheets,
plates, etc.[1]
- Market Cap ₹ 236 Cr.
- Current Price ₹ 118
- High / Low ₹ 145 / 34.0
- Stock P/E 63.8
- Book Value ₹ 36.4
- Dividend Yield 0.00 %
- ROCE 9.83 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 4.26% over last quarter.
- Company's working capital requirements have reduced from 14.1 days to 10.9 days
Cons
- Stock is trading at 3.24 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.0% over last 3 years.
- Debtor days have increased from 39.6 to 57.1 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 48 | 136 | 324 | 408 | 308 | 266 | 237 | |
| 48 | 135 | 321 | 401 | 300 | 259 | 226 | |
| Operating Profit | 0 | 2 | 3 | 7 | 8 | 7 | 11 |
| OPM % | 1% | 1% | 1% | 2% | 2% | 3% | 5% |
| -0 | -0 | 0 | 0 | 0 | 1 | 0 | |
| Interest | 0 | 1 | 1 | 5 | 6 | 5 | 6 |
| Depreciation | -0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | 1 | 2 | 2 | 2 | 5 |
| Tax % | 23% | 32% | 26% | 25% | 24% | 14% | |
| 0 | 0 | 1 | 1 | 1 | 2 | 4 | |
| EPS in Rs | 1.06 | 0.69 | 1.98 | 1.77 | 1.30 | 1.55 | 2.08 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | -6% |
| TTM: | -16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 31% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 219% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 5 | 5 | 7 | 10 | 14 | 19 |
| Reserves | 0 | 1 | 2 | 3 | 1 | 14 | 51 |
| 6 | 7 | 14 | 43 | 52 | 65 | 70 | |
| 5 | 15 | 19 | 6 | 8 | 6 | 4 | |
| Total Liabilities | 13 | 27 | 40 | 59 | 72 | 99 | 145 |
| 0 | 0 | 1 | 1 | 2 | 2 | 12 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | 7 | -0 |
| Investments | -0 | -0 | -0 | 1 | -0 | -0 | -0 |
| 13 | 27 | 38 | 57 | 70 | 91 | 134 | |
| Total Assets | 13 | 27 | 40 | 59 | 72 | 99 | 145 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -8 | -2 | -5 | -1 | 6 | 15 | |
| -0 | -0 | -1 | -1 | 0 | -7 | |
| 8 | 3 | 5 | 2 | -3 | 1 | |
| Net Cash Flow | 0 | 1 | -0 | -0 | 3 | 9 |
| Free Cash Flow | -8 | -3 | -6 | -1 | 5 | 8 |
| CFO/OP | -1,795% | -141% | -151% | -8% | 83% | 223% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 53 | 37 | 29 | 27 | 35 | 57 |
| Inventory Days | 26 | 15 | 11 | 19 | 40 | 31 |
| Days Payable | 37 | 37 | 21 | 3 | 5 | 7 |
| Cash Conversion Cycle | 42 | 15 | 19 | 43 | 70 | 81 |
| Working Capital Days | 14 | 13 | 8 | 13 | 19 | 11 |
| ROCE % | 14% | 16% | 17% | 12% | 10% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Revenue from Operations (Trading Performance Proxy) Rs. Crore |
|
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| 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
-
Disclosure under SEBI Takeover Regulations
8 April 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
8 April 2026 - Mitukumar Sureshchandra Vasa has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 April 2026 - Submitted Regulation 74(5) confirmation certificate for quarter ended March 31, 2026.
-
Trading Window
26 March 2026 - Trading window closed from 1 April 2026 until 48 hours after audited results for year ending 31 March 2026.
-
Outcome of Board Meeting
12 March 2026 - Allotted 5,13,334 shares at Rs60 each on March 12, 2026; proceeds Rs2,31,00,030.
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