1. India Stocks

  2. •

    Basic Materials

  3. •

    Construction Materials
Visaka Industries Limited

Visaka Industries Limited

VISAKAIND.BO
Visaka Industries LimitedIN flagBombay Stock Exchange
77.32
INR
-4.19
- -
6.67BMarket Cap
Visaka Industries Limited
VISAKAIND.BO
(Bombay Stock Exchange)

Recent

price

77.32

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
82.38
94.51
115.31
112.35
128.6
126.55
119.73
125.6
141.87
131.8
141.56
33.68
190.56
176.2
179.34
194.2
193.58
Revenue per Share
5.68
4.32
6.38
1.51
2.67
3.08
5.39
8.38
8.49
6.21
13.69
2.85
6.2
0.1
-0.35
9.88
9.85
Basic EPS, GAAP
-0.29
3.72
-14.27
3.84
-1.83
7.63
11.35
-2.31
2.69
4.43
29.7
-2.22
-23.04
-13.4
9.74
16.91
- -
Free Cash Flow per Basic Share
1.16
0.47
1.73
0.82
0.59
1.89
0.51
1.44
1.67
5.27
1.03
0.67
1.59
2
0.52
0.51
- -
Dividend per Share
2.01
3.37
3.31
3.48
3.33
4.56
9.26
15.95
22.73
23.42
35.79
9.16
48.62
46.43
45.68
2
2
Book Value per Share
32.91
36.08
41.06
41.8
41.74
44.73
49.29
56.03
62.86
63.6
77.59
17.61
89.27
87.09
86.51
95.7
95.39
Tangible Book Value per Share
79
79
79
79
79
79
79
79
79
79
81
416
86
86
86
86
87
Basic Weighted Avg Shares
6,541
7,504
9,156
8,921
10,211
10,049
9,507
9,973
11,265
10,465
11,437
14,005
16,465
15,225
15,433
16,779
16,779
Sales/Revenue/Turnover
-7.63
8.49
9.68
4.36
5.79
6.25
9.26
12.05
9.57
7.08
13.76
11.85
5.57
2.12
2.22
4.42
4.42
Operating Margin (%)
164
176
196
225
431
363
341
348
354
410
400
376
502
589
646
653
653
Depreciation Expense
451
343
507
120
212
244
428
666
674
493
1,106
1,183
536
9
-30
854
854
Net Income, GAAP
32.86
32.98
32.09
36.33
36.05
39.47
38.19
34.52
32.82
13.69
25.87
26.32
27.17
71.28
- -
20.33
20.33
Effective Tax Rate (%)
6.89
4.58
5.54
1.34
2.08
2.43
4.5
6.67
5.98
4.71
9.67
8.45
3.25
0.06
-0.2
5.09
5.09
Profit Margin (%)
561
611
825
714
1,051
923
1,334
1,289
1,639
1,753
2,708
2,351
2,149
1,713
1,677
2,329
2,329
Working Capital
225
53
297
725
670
523
768
912
779
857
765
490
1,636
2,097
1,679
1,158
1,158
LT Debt
2,614
2,865
3,260
3,334
3,322
3,552
3,926
4,457
4,995
5,050
6,269
7,321
7,715
7,526
7,445
8,269
8,269
Total Equity
-9.83
11.82
11.63
4.21
6.32
5.89
8.53
12.19
10.13
8.49
15.53
14.95
6.52
0.76
- -
5
5
Return on Invested Capital (%)
48.01
40.45
21.3
8.84
11.84
11.02
16.87
23.84
20.22
14.57
28.08
26.49
10.23
1.3
- -
18.73
18.73
Return on Capital (%)
283.12
160.96
191.03
44.36
78.51
77.99
77.97
66.5
43.9
26.9
46.57
35.32
13.38
0.21
-0.76
41.59
41.59
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,731
- -
1,868
LT Borrowings
1,458
- -
1,158
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
- -
86
Market Capitalization
6,514
6,132
4,457

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
6,536
- -
6,259
Cash, Cash Equivalents & STI
167
- -
410
Accounts Receivable, Net
1,647
- -
1,628
Inventories
3,798
- -
3,519
Total Current Liabilities
4,557
- -
3,929
Payables & Accruals
- -
- -
- -
ST Debt
2,731
- -
1,868
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.11%
5.94%
11.06%
Free Cash Flow
19.6%
-32.5%
74.2%
Net Income, GAAP
-330.12%
-706.15%
-2,934.15%
Sales/Revenue/Turnover
5.72%
8.52%
8.72%
Total Cash Common Dividend
39.31%
27.02%
-1.83%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,481
3,388
3,436
3,919
15,225
2025
4,577
3,084
3,514
4,259
15,433
2026
5,055
3,250
3,676
4,798
16,779

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.38
-0.59
-0.83
- -
0.1
2025
1.15
-1.92
-1.27
1.69
-0.35
2026
6.03
-1.01
0.22
4.63
9.88

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2
2025
- -
- -
- -
- -
0.52
2026
- -
- -
- -
- -
0.51
Similar Companies
Pratik Panels Limited (PRATIK.BO)
Global Surfaces Limited (GSLSU.BO)
Deccan Cements Ltd (DECCANCE.NS)
Riyadh Cement Company (3092.SR)
Vicat S.A. (SDCVF)
Eugene Corporation (023410.KQ)
Business
Visaka Industries Limited Visaka Industries Limited manufactures building materials, synthetic yarns, and renewable energy products; its core offerings include asbestos cement sheets (ACS), non-asbestos fiber cement boards and panels under the Vnext brand such as Vnext Premium Planks, hybrid solar roofing systems under the ATUM brand, and specialty synthetic yarns known as Wonder Yarn for garments, furnishings, automotive fabrics, and technical textiles. Founded in 1981 by Dr. G. Vivek Venkatswamy and headquartered in Secunderabad, Telangana, India, the company operates 12 manufacturing units across India, maintains 34 marketing offices, and distributes products PAN-India through over 7,000 dealer outlets, serving rural, semi-urban, and institutional customers in domestic and select international markets including Saudi Arabia, UAE, Qatar, Iraq, Iran, Bahrain, and Sri Lanka. As the second-largest ACS producer in India with an 18% market share, Visaka Industries derives approximately 60% of revenue from ACS and building products, 25% from non-asbestos boards and panels, and 14% from textiles, while emphasizing sustainable solutions like low-CO2 Vnext boards and thermally efficient ATUM roofs that generate 20% more revenue than conventional solar panels. In recent developments, the company expanded its non-asbestos board and panel capacity by 72,000 metric tonnes at its Midnapur plant in West Bengal at a cost of about ₹130 crore, with commercial production commencing in October 2023 to reduce reliance on the ACS segment from 60% toward 50%; it appointed Abinash Mishra as CEO followed by his resignation, added B Raghavaiah as President for Group HR and Administration, included new persons in the promoter group under SEBI regulations, split its face value from ₹10 to ₹2 in May 2023, and reported a consolidated net loss of ₹8.72 crore for the quarter ended September 2025 amid moderated FY24 performance due to raw material cost pressures and demand slowdown, though Q1FY25 showed improved PBILDT margins of 8.52%.