Visa Steel Ltd
Incorporated in 1996, VISA Steel Ltd does manufacturing of High Carbon Ferro Chrome[1]
- Market Cap ₹ 362 Cr.
- Current Price ₹ 31.2
- High / Low ₹ 47.2 / 21.2
- Stock P/E
- Book Value ₹ -118
- Dividend Yield 0.00 %
- ROCE -5.46 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.68% over past five years.
- Contingent liabilities of Rs.533 Cr.
- Promoters have pledged or encumbered 72.8% of their holding.
* 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 Metals & Mining Ferrous Metals Ferro & Silica Manganese
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,455 | 1,280 | 1,303 | 1,559 | 2,067 | 1,414 | 683 | 988 | 1,118 | 657 | 670 | 566 | 603 | |
1,344 | 1,264 | 1,322 | 1,501 | 2,027 | 1,440 | 733 | 984 | 1,101 | 649 | 665 | 535 | 566 | |
Operating Profit | 111 | 16 | -19 | 58 | 40 | -26 | -50 | 4 | 18 | 9 | 5 | 31 | 37 |
OPM % | 8% | 1% | -1% | 4% | 2% | -2% | -7% | 0% | 2% | 1% | 1% | 6% | 6% |
-24 | -7 | 18 | 18 | 55 | 16 | 12 | -1,056 | 1 | 1,750 | 2 | -468 | -468 | |
Interest | 163 | 229 | 485 | 47 | 34 | 19 | 20 | 17 | 21 | 25 | 30 | 31 | 31 |
Depreciation | 75 | 77 | 146 | 163 | 151 | 133 | 134 | 128 | 85 | 73 | 49 | 49 | 43 |
Profit before tax | -150 | -297 | -632 | -133 | -90 | -162 | -192 | -1,197 | -87 | 1,660 | -72 | -517 | -505 |
Tax % | -4% | 2% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-144 | -303 | -659 | -133 | -90 | -162 | -192 | -1,197 | -87 | 1,660 | -72 | -517 | -505 | |
EPS in Rs | -13.44 | -24.81 | -57.64 | -12.29 | -7.56 | -13.96 | -16.57 | -103.40 | -7.53 | 143.39 | -6.21 | -44.61 | -43.64 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -4% |
3 Years: | -20% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 12% |
3 Years: | 13% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 39% |
3 Years: | 31% |
1 Year: | 55% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 110 | 110 | 110 | 110 | 116 | 116 | 116 | 116 | 116 | 116 | 116 | 116 |
Reserves | -37 | -315 | -976 | -725 | -909 | -1,071 | -1,264 | -2,462 | -2,549 | -888 | -960 | -1,477 |
2,799 | 3,358 | 3,836 | 3,885 | 3,629 | 3,517 | 3,479 | 3,486 | 3,481 | 1,394 | 1,409 | 1,398 | |
1,112 | 803 | 822 | 858 | 717 | 738 | 734 | 712 | 720 | 445 | 467 | 496 | |
Total Liabilities | 3,985 | 3,956 | 3,793 | 4,128 | 3,553 | 3,300 | 3,065 | 1,853 | 1,767 | 1,068 | 1,032 | 533 |
1,172 | 3,036 | 2,895 | 3,142 | 2,933 | 2,804 | 2,679 | 1,704 | 1,625 | 960 | 920 | 447 | |
CWIP | 2,033 | 351 | 350 | 306 | 299 | 297 | 290 | 39 | 39 | 39 | 39 | 0 |
Investments | 0 | 0 | 1 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
780 | 569 | 547 | 678 | 316 | 194 | 92 | 106 | 99 | 65 | 69 | 82 | |
Total Assets | 3,985 | 3,956 | 3,793 | 4,128 | 3,553 | 3,300 | 3,065 | 1,853 | 1,767 | 1,068 | 1,032 | 533 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
126 | -216 | -333 | 12 | 151 | 82 | 59 | 13 | 17 | 26 | 17 | 26 | |
-149 | -26 | 7 | -4 | 3 | 16 | 11 | 1 | -9 | -19 | -9 | -12 | |
84 | 157 | 328 | 4 | -153 | -113 | -64 | -14 | -9 | -8 | -8 | -13 | |
Net Cash Flow | 61 | -85 | 3 | 12 | 1 | -16 | 6 | 1 | -0 | -0 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 17 | 48 | 33 | 12 | 9 | 5 | 0 | 0 | 0 | 0 | 1 |
Inventory Days | 100 | 100 | 69 | 107 | 29 | 35 | 24 | 20 | 15 | 8 | 7 | 12 |
Days Payable | 180 | 117 | 80 | 85 | 30 | 39 | 86 | 50 | 32 | 46 | 41 | 37 |
Cash Conversion Cycle | -57 | -0 | 37 | 55 | 12 | 5 | -57 | -30 | -17 | -38 | -34 | -24 |
Working Capital Days | -213 | -318 | -477 | -495 | -457 | -784 | -1,875 | -1,508 | -1,338 | -975 | -983 | -1,148 |
ROCE % | 2% | -1% | -5% | -3% | -2% | -5% | -7% | -7% | -6% | -7% | -7% | -5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Aug - Publication of Unaudited Standalone and Consolidated Financial Results for the Quarter ended 30 June 2025.
- Outcome Of The Board Meeting-Regulation 30 Of The SEBI (LODR) Regulations, 2015 14 Aug
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Board Meeting Outcome for Outcome Of The Board Meeting - Regulation 30 Of The SEBI (LODR) Regulations, 2015
14 Aug - VISA Steel reports Q1 FY26 loss after auditors qualify Rs.13.6bn unrecognized interest; going concern doubts raised.
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Board Meeting Intimation for Intimation Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
6 Aug - Board meeting on 14 Aug to approve Q1 FY26 financial results; trading window closed till 48 hours post announcement.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jul - Compliance certificate for share dematerialization for quarter ended June 30, 2025.
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
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Operational Status:[1]
Company is operating the Ferro Chrome Plant under conversion arrangement to continue as a going concern and due to non availability of funds for working capital and major refurbishment and relining of Furnaces. It is taking support of related parties and operational creditors to continue Plant operations under conversion arrangement