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Visaka Industries Ltd

VISAKAIND

Visaka Industries Ltd

VISAKAIND
MaterialsCement
SmallcapWith a market cap of ₹782 cr, stock is ranked 1,592
High RiskStock is 3.85x as volatile as Nifty
91.290.83% (+0.75)
91.290.83% (+0.75)

Price Chart

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MaterialsCement
SmallcapWith a market cap of ₹782 cr, stock is ranked 1,592
High RiskStock is 3.85x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

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MaterialsCement
SmallcapWith a market cap of ₹782 cr, stock is ranked 1,592
High RiskStock is 3.85x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-62.041.040.55%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
27.903.181.46%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Visaka Industries Limited is engaged in the manufacture and sale of Cement Asbestos Sheets, Fiber Cement Sheets (V-Boards), and Panels and Spinning (Synthetic Spun Yarn).

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,057.001,155.131,425.671,663.961,537.341,515.40
Raw Materialssubtract489.40508.48702.23914.70876.281,424.05
Power & Fuel Costsubtract43.2543.7154.4868.4571.65
Employee Costsubtract116.02120.12132.23137.13133.53
Selling & Administrative Expensessubtract140.09153.94202.18226.83213.87
Operating & Other expensessubtract152.76126.82124.79170.74143.47
Depreciation/Amortizationsubtract40.9739.9937.6250.2158.9564.19
Interest & Other Itemssubtract17.4112.8111.5622.3236.6142.27
Taxes & Other Itemssubtract7.8238.6242.2719.992.14-2.50
EPS6.1813.6113.956.160.10-1.46
DPS3.003.003.002.000.500.50
Payout ratio0.490.220.220.325.17-0.34

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Jan 30PDF
Nov 6PDF
FY 2022

Annual report

PDF

Investor Presentation

May 12PDF
Feb 24PDF
Feb 24PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

Nov 5PDF
Aug 6PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsCement

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Visaka Industries Ltd931.321.040.55%
UltraTech Cement Ltd43.295.030.67%
Grasim Industries Ltd27.731.120.42%
Ambuja Cements Ltd35.762.520.34%

Price Comparison

Compare VISAKAIND with any stock or ETF
Compare VISAKAIND with any stock or ETF
VISAKAIND
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding48.42%0.05%0.01%0.36%51.16%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '240.81%0.34%0.72%0.31%0.39%0.36%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 2 Mutual Funds holding Visaka Industries Ltd



Funds (Top 2)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Taurus ELSS Tax Saver Fund - Growth - Direct Plan

Growth
0.0440%0.43%0.43%41/43 (+2)
Taurus Infrastructure Fund - Growth - Direct Plan

Growth
0.0035%0.29%0.29%47/47 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

VISAKAIND has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.55%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.46 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJun 14, 2024

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Jun 14, 2024

Cash Dividend

Ex DateEx DateJun 15, 2023

Final
Final | Div/Share: ₹0.60

Dividend/Share

0.60

Ex DateEx Date

Jun 15, 2023

Cash Dividend

Ex DateEx DateApr 12, 2023

Interim
Interim | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Apr 12, 2023

Cash Dividend

Ex DateEx DateMay 26, 2022

Final
Final | Div/Share: ₹8.00

Dividend/Share

8.00

Ex DateEx Date

May 26, 2022

Cash Dividend

Ex DateEx DateJan 31, 2022

Interim
Interim | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Jan 31, 2022

News & Opinions
Spotlight
Visaka Industries spurts after Co's solar roofing product receives ALMM Certification

In a regulatory filing made during market hours today, the company stated that ATUM Solar Roofs has been certified under the Approved List of Models and Manufacturers (ALMM) by the Ministry of New and Renewable Energy (MNRE). Visaka Industries markets its integrated solar panel roofing under the ATUM brand. The solar roofing system combines the functionalities of a conventional roof with the ability to generate renewable energy. The MNRE has certified a list of solar photovoltaic (PV) module models and manufacturers known as the 'Approved List of Models and Manufacturers'. Only the manufacturers of the listed solar PV models and modules may be utilised for solar projects in India, according to the ALMM regulation. These include government initiatives, programs supported by the government, projects run by the government, initiatives under government control, as well as open access and net metering initiatives. Visaka Industries is engaged in manufacturing asbestos cement sheets (ACS), non-asbestos boards and panels, synthetic fibre yarns and solar roofing products. VIL's business is divided into three major verticals: building products (ACS and non-asbestos boards & panels), textiles (synthetic fibre yarns), and solar roofing products. The company is the second-largest player in manufacturing ACS in India. The company had reported a net loss of Rs 16.56 crore in the quarter ended September 2024 as against net loss of Rs 5.07 crore during the previous quarter ended September 2023. Sales declined 9.00% to Rs 308.36 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Visaka Industries reports consolidated net loss of Rs 16.56 crore in the September 2024 quarter

Net Loss of Visaka Industries reported to Rs 16.56 crore in the quarter ended September 2024 as against net loss of Rs 5.07 crore during the previous quarter ended September 2023. Sales declined 9.00% to Rs 308.36 crore in the quarter ended September 2024 as against Rs 338.84 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales308.36338.84 -9 OPM %1.203.90 - PBDT-5.707.31 PL PBT-21.79-6.33 -244 NP-16.56-5.07 -227 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Visaka Industries to convene board meeting

Visaka Industries will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Visaka Industries consolidated net profit declines 16.65% in the June 2024 quarter

Net profit of Visaka Industries declined 16.65% to Rs 9.96 crore in the quarter ended June 2024 as against Rs 11.95 crore during the previous quarter ended June 2023. Sales rose 2.12% to Rs 457.66 crore in the quarter ended June 2024 as against Rs 448.15 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales457.66448.15 2 OPM %8.608.05 - PBDT30.0629.92 0 PBT13.7116.36 -16 NP9.9611.95 -17 Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Visaka Industries to declare Quarterly Result

Visaka Industries will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

5 months agoCapital Market - Live

TCS shares to turn ex-dividend; Varun Beverages to trade ex-split, Vakrangee ex-demerger today

1 year agoBusiness Today
Stocks In News: Ugro Capital, Jupiter Wagons, Visaka Industries Among Other Stocks In Focus Today
1 year agoZee Business

Visaka Industries to Turn Ex-Split, InvestingPro Pegs Upto 76% Downside

1 year agoInvesting.com

This smallcap has risen 160% in 3 years; announces interim dividend

1 year agoEconomic Times

Low D/E and P/B ratio stock declares 1:5 stock split, promoter stake up in Q3

1 year agoLivemint