Visaman Global Sales Ltd
₹ 36.0
1.27%
28 Mar
- close price
About
Incorporated in 2019, Visaman Global
Sales Ltd manufactures & trades steel
pipes, structural steel, coils, sheets,
plates, etc.[1]
Key Points
- Market Cap ₹ 49.7 Cr.
- Current Price ₹ 36.0
- High / Low ₹ 48.8 / 34.2
- Stock P/E 24.2
- Book Value ₹ 19.8
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
Cons
- 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 13.8% over last 3 years.
- Working capital days have increased from 45.4 days to 69.5 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 48 | 136 | 324 | 408 | 308 | 283 | |
| 48 | 135 | 321 | 401 | 300 | 276 | |
| Operating Profit | 0 | 2 | 3 | 7 | 8 | 7 |
| OPM % | 1% | 1% | 1% | 2% | 2% | 2% |
| 0 | -0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 5 | 6 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | 2 | 2 | 3 |
| Tax % | 23% | 32% | 26% | 25% | 24% | |
| 0 | 0 | 1 | 1 | 1 | 2 | |
| EPS in Rs | 1.06 | 0.69 | 1.98 | 1.77 | 1.30 | 1.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 5 | 5 | 7 | 10 | 14 |
| Reserves | 0 | 1 | 2 | 3 | 1 | 14 |
| 6 | 7 | 14 | 43 | 52 | 46 | |
| 5 | 15 | 19 | 6 | 8 | 17 | |
| Total Liabilities | 13 | 27 | 40 | 59 | 72 | 90 |
| 0 | 0 | 1 | 1 | 2 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 0 | 0 |
| 13 | 27 | 38 | 57 | 70 | 88 | |
| Total Assets | 13 | 27 | 40 | 59 | 72 | 90 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -8 | -2 | -5 | -1 | 6 | |
| -0 | -0 | -1 | -1 | 0 | |
| 8 | 3 | 5 | 2 | -3 | |
| Net Cash Flow | 0 | 1 | -0 | -0 | 3 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 53 | 37 | 29 | 27 | 35 |
| Inventory Days | 26 | 15 | 11 | 19 | 40 |
| Days Payable | 37 | 37 | 21 | 3 | 5 |
| Cash Conversion Cycle | 42 | 15 | 19 | 43 | 70 |
| Working Capital Days | 61 | 31 | 21 | 46 | 70 |
| ROCE % | 14% | 16% | 17% | 12% |
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
16 April 2025 - Mitulkumar 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, …
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 April 2025 - Confirmation of dematerialisation of securities for March 2025 quarter.
-
Shareholders meeting
5 April 2025 - EGM approved special resolution authorizing board to grant loans, guarantees and securities up to Rs.200 crore
-
Shareholders meeting
4 April 2025 - EGM approved board authorization to provide loans, guarantees, securities up to Rs200 cr
-
Trading Window-XBRL
25 March 2025 - VISAMAN GLOBAL SALES LIMITED has informed about Closure of Trading Window
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