Visaka Industries Ltd

Visaka Industries Ltd

₹ 90.1 0.01%
22 Nov - close price
About

Visaka Industries Ltd is engaged in the business of manufacture of cement fibre sheets, fibre cement boards & panels, solar panels and synthetic yarn.[1]

Key Points

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]

  • Market Cap 779 Cr.
  • Current Price 90.1
  • High / Low 178 / 82.3
  • Stock P/E
  • Book Value 85.9
  • Dividend Yield 0.55 %
  • ROCE 3.23 %
  • ROE 0.11 %
  • Face Value 2.00

Pros

  • Stock is trading at 1.05 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.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
292 354 420 480 365 357 452 448 339 344 396 458 308
251 313 368 416 340 331 427 412 326 330 372 418 305
Operating Profit 42 41 52 64 25 26 25 36 13 14 24 39 4
OPM % 14% 12% 12% 13% 7% 7% 6% 8% 4% 4% 6% 9% 1%
2 3 3 3 2 -1 3 2 2 2 4 2 2
Interest 2 2 3 3 4 7 8 8 8 10 9 11 11
Depreciation 9 9 11 11 13 13 13 14 14 15 17 16 16
Profit before tax 32 33 41 52 10 5 7 16 -6 -9 2 14 -22
Tax % 26% 27% 27% 26% 27% 31% 35% 27% -20% -20% 40% 27% -24%
24 24 30 39 7 3 4 12 -5 -7 1 10 -17
EPS in Rs 2.90 2.91 3.45 4.46 0.85 0.39 0.50 1.38 -0.59 -0.83 0.13 1.15 -1.92
Raw PDF

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 1,506
942 953 1,216 1,513 1,439 1,424
Operating Profit 109 193 200 141 88 82
OPM % 10% 17% 14% 9% 6% 5%
7 9 10 5 11 10
Interest 17 13 12 22 37 42
Depreciation 41 40 38 50 59 64
Profit before tax 57 149 161 74 3 -15
Tax % 14% 26% 26% 27% 72%
49 111 118 54 1 -13
EPS in Rs 6.21 13.43 13.69 6.20 0.10 -1.47
Dividend Payout % 48% 22% 22% 32% 503%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 10%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -80%
TTM: -175%
Stock Price CAGR
10 Years: 13%
5 Years: 16%
3 Years: -9%
1 Year: 6%
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 Sep 2024
Equity Capital 16 17 17 17 17 17
Reserves 489 606 715 754 735 725
263 115 167 387 538 523
176 211 210 212 204 175
Total Liabilities 944 949 1,109 1,370 1,494 1,440
406 396 461 621 749 735
CWIP 9 5 50 37 29 22
Investments 0 0 0 0 0 0
529 548 599 712 717 684
Total Assets 944 949 1,109 1,370 1,494 1,440

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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
45.86% 48.36% 48.36% 48.36% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42% 48.42%
5.64% 4.78% 4.51% 4.53% 3.72% 3.83% 3.22% 0.81% 0.33% 0.71% 0.31% 0.38%
0.04% 0.03% 0.03% 0.96% 0.84% 0.84% 0.67% 0.02% 0.02% 0.30% 0.01% 0.02%
48.46% 46.83% 47.09% 46.14% 47.03% 46.92% 47.70% 50.74% 51.23% 50.57% 51.25% 51.17%
No. of Shareholders 29,82529,75929,96430,41630,88131,21834,35240,96443,77451,71751,16351,313

* 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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