Visaka Industries Limited
NSE: VISAKAINDCement & Cement ProductsTrade-to-trade true
Share price
₹84.57
+4.99% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
66
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹731 Cr
P/E ratio
10.1
P/B ratio
0.9
ROCE
6.8%
ROE
1.7%
Dividend yield
1.5%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 10.8% over the past year, and 7.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 12.9% to 9.2% over the last four years.
Whether it grew faster than its sector
It grew 7.5% a year against a sector median of 8.5% — 0.9 percentage points slower.
Room to re-rate, or risk of de-rating
At 10.1× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 27.6×, across 5 companies. It is against its own five-year median of 10.4×, the 50th percentile of its own range.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Visaka Industries Limited — this one | -39%/yr | 10.1× | — |
| JK Cement | 33%/yr | 39.1× | ₹1.2 |
| Dalmia Bharat | -1%/yr | 27.6× | — |
| ACC Limited | 31%/yr | 11.2× | ₹0.36 |
| The Ramco Cements | -54%/yr | 102.8× | — |
| JSW Cement Limited | 68%/yr | 19.2× | ₹0.28 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Cement & Cement Products), it ranks 17 of 34 on returns, 20 of 31 on growth, 25 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 6.8% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹383 crore of cash from the business but spent ₹524 crore on plant and equipment, ₹141 crore more than it made, paid from its own cash and investments. And the profit is real: of every 100 rupees it reported over 7 years, about 181 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 54 days for its cash to waiting 45 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
7 of 9 checks clear · 78%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 6 Aug 2026 · Consolidated · Audited
Revenue
₹590 Cr
Revenue vs last year
+16.6%
Revenue vs last quarter
+22.9%
Net profit
₹53 Cr
Profit vs last year
+1.3%
Profit vs last quarter
+31.7%
Net margin
8.9%
EPS
₹6.10
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹731 Cr
- Prev close
- ₹84.57
- 52w High
- ₹104
- 52w Low
- ₹50.2
- Enterprise value
- ₹960 Cr
- Beta
- 1.1
- Price CAGR 1y
- 1.0%
- Price CAGR 3y
- -1.0%
- Price CAGR 5y
- -9.0%
- Price CAGR 10y
- 8.0%
Ratios
- Return on assets
- 6.3%
- PEG ratio
- -0.3
- P/E ratio
- 10.1
- P/B ratio
- 0.9
- EV / EBITDA
- 5.3
- Industry P/E
- 27.3
- ROCE
- 6.8%
- ROCE 5y average
- 9.0%
- ROE
- 1.7%
- Debt / Equity
- 0.4
- Interest coverage
- 4.2
- Dividend yield
- 1.5%
- ROE 3y average
- 1.0%
- ROE last year
- 2.0%
Annual P&L
- Annual revenue
- ₹1,678 Cr
- Annual profit
- ₹85 Cr
- Operating margin
- 8.0%
- Net profit margin
- 5.1%
- EBITDA margin
- 8.3%
- Sales growth 3y
- 0.5%
- Sales growth 5y
- 7.9%
- Profit growth 3y
- -39.0%
- Profit growth 5y
- -35.0%
- EPS
- ₹9.9
- Sales growth TTM
- 11.0%
- Profit growth TTM
- 597.0%
- Dividend payout
- 12.0%
Quarter P&L
- Sales latest quarter
- ₹590 Cr
- Profit latest quarter
- ₹53 Cr
- YoY quarterly sales growth
- 16.7%
- YoY quarterly profit growth
- 1.9%
- OPM latest quarter
- 15.5%
Balance Sheet
- Book Value
- ₹97.3
- Face Value
- ₹2.0
- Total debt
- ₹303 Cr
- Total cash
- ₹28 Cr
- Borrowings
- ₹303 Cr
- Reserves / Equity
- 47.6
Cash Flow
- Operating cash flow
- ₹183 Cr
- Free cash flow
- ₹177 Cr
- FCF yield
- 19.7%
- Net cash flow
- ₹8 Cr
Shareholding
- Promoter holding
- 53.4%
- FII holding
- 0.0%
- DII holding
- 0.0%
- Public holding
- 46.4%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| UltraTech Cem. | 10,485.00 | 35.9 | 3,08,971 | 2.26 | 2,603.7 | 15.8 | 24,648.2 | 15.8 | 12.7 |
| Grasim Inds | 2,875.95 | 34.1 | 1,95,719 | 0.34 | 3,846.3 | 50.0 | 48,716.2 | 21.4 | 8.0 |
| Ambuja Cements | 343.65 | 18.2 | 85,391 | 0.56 | 660.0 | -29.8 | 9,500.0 | -7.7 | 5.6 |
| Shree Cement | 21,567.95 | 47.7 | 77,819 | 0.69 | 531.1 | -17.7 | 6,233.1 | 18.0 | 10.3 |
| J K Cements | 4,962.00 | 39.3 | 38,341 | 0.40 | 274.6 | -14.5 | 4,031.7 | 20.3 | 15.1 |
| Dalmia BharatLtd | 1,589.85 | 27.2 | 29,820 | 0.54 | 192.0 | -15.3 | 3,890.0 | 7.0 | 7.6 |
| ACC | 1,131.35 | 11.2 | 21,245 | 0.65 | 147.0 | -56.3 | 5,808.0 | -4.6 | 11.3 |
| Visaka Industrie | 80.99 | 10.3 | 700 | 1.48 | 52.7 | 132.0 | 590.1 | 16.7 | 6.8 |
| Median | 156.43 | 27.2 | 2,730 | 0.33 | 42.0 | -22.7 | 742.7 | 9.5 | 6.9 |
Competes with: ACC Limited, Ambuja Cements, Dalmia Bharat, Grasim Industries Limited, JK Cement, Shree Cement, UltraTech Cement
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 448 | 339 | 344 | 396 | 458 | 308 | 351 | 426 | 506 | 325 | 368 | 480 | 590 |
| Expenses | 412 | 326 | 330 | 372 | 418 | 305 | 340 | 381 | 454 | 313 | 342 | 429 | 499 |
| Material Cost | 215 | 237 | 165 | 213 | 224 | 258 | |||||||
| Change in Inventories | 8.07 | 36 | -4.12 | -27 | 24 | 43 | |||||||
| Purchases of Stock-in-Trade | 1.81 | 4.39 | 4.81 | 2.45 | 3.10 | 2.98 | |||||||
| Employee Cost | 32 | 37 | 35 | 35 | 36 | 43 | |||||||
| Other Expenses | 124 | 140 | 113 | 119 | 142 | 152 | |||||||
| Operating Profit | 36 | 13 | 14 | 24 | 39 | 4 | 11 | 44 | 51 | 12 | 26 | 51 | 91 |
| OPM % | 8.05 | 3.90 | 4.09 | 6.17 | 8.60 | 1.20 | 3.24 | 10 | 10 | 3.62 | 6.97 | 11 | 15 |
| Other Income | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 3 | 38 | 1 | 2 | 24 | 2 |
| Exceptional items (within Other Income) | 0 | 37 | 0 | 0 | 23 | 0 | |||||||
| Interest | 8 | 8 | 10 | 9 | 11 | 11 | 11 | 11 | 9 | 8 | 8 | 8 | 6 |
| Depreciation | 14 | 14 | 15 | 17 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 |
| Profit before tax | 16 | -6 | -9 | 2 | 14 | -22 | -14 | 20 | 64 | -11 | 3 | 51 | 71 |
| Tax % | 27 | -20 | -20 | 40 | 27 | -24 | -23 | 28 | 19 | -23 | 33 | 22 | 25 |
| Net Profit | 12 | -5 | -7 | 1 | 10 | -17 | -11 | 15 | 52 | -9 | 2 | 40 | 53 |
| EPS in Rs | 1.38 | -0.59 | -0.83 | 0.13 | 1.15 | -1.92 | -1.27 | 1.69 | 6.03 | -1.01 | 0.22 | 4.63 | 6.10 |
| Diluted EPS in Rs | 1.69 | 6.03 | -1.01 | 0.22 | 4.63 | 6.10 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,050 | 1,147 | 1,416 | 1,653 | 1,527 | 1,543 | 1,678 | 1,762 |
| Expenses | 942 | 953 | 1,216 | 1,513 | 1,439 | 1,443 | 1,538 | 1,583 |
| Material Cost | 808 | 838 | ||||||
| Change in Inventories | 28 | 29 | ||||||
| Purchases of Stock-in-Trade | 8.93 | 15 | ||||||
| Employee Cost | 136 | 143 | ||||||
| Other Expenses | 463 | 513 | ||||||
| Operating Profit | 109 | 193 | 200 | 141 | 88 | 100 | 139 | 180 |
| OPM % | 10 | 17 | 14 | 9 | 6 | 7 | 8 | 10 |
| Other Income | 7 | 9 | 10 | 5 | 11 | 7 | 66 | 30 |
| Exceptional items (within Other Income) | 0 | 60 | ||||||
| Interest | 17 | 13 | 12 | 22 | 37 | 44 | 33 | 30 |
| Depreciation | 41 | 40 | 38 | 50 | 59 | 65 | 65 | 66 |
| Profit before tax | 57 | 149 | 161 | 74 | 3 | -2.00 | 107 | 113 |
| Tax % | 14 | 26 | 26 | 27 | 72 | 50 | 20 | |
| Net Profit | 49 | 111 | 118 | 54 | 1 | -3.01 | 85 | 86 |
| EPS in Rs | 6.21 | 13 | 14 | 6.20 | 0.10 | -0.35 | 9.88 | 9.94 |
| Diluted EPS in Rs | -0.35 | 9.88 | ||||||
| Dividend Payout % | 48 | 22 | 22 | 32 | 503 | -144 | 12 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 8%
- 3 years
- 1%
- TTM
- 11%
Compounded profit growth
- 10 years
- —
- 5 years
- -35%
- 3 years
- -39%
- TTM
- 597%
Stock price CAGR
- 10 years
- 8%
- 5 years
- -9%
- 3 years
- -1%
- 1 year
- 1%
Return on equity
- 10 years
- —
- 5 years
- 5%
- 3 years
- 1%
- Last year
- 2%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 489 | 610 | 715 | 754 | 735 | 727 | 810 |
| Borrowings | 263 | 115 | 167 | 387 | 538 | 479 | 303 |
| Other Liabilities | 176 | 206 | 210 | 212 | 204 | 200 | 220 |
| Minority Interest | 0 | ||||||
| Total Liabilities | 944 | 949 | 1,109 | 1,370 | 1,494 | 1,423 | 1,349 |
| Fixed Assets | 406 | 396 | 461 | 621 | 749 | 718 | 684 |
| CWIP | 9 | 5 | 50 | 37 | 29 | 11 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 529 | 548 | 599 | 712 | 717 | 693 | 658 |
| Total Assets | 944 | 949 | 1,109 | 1,370 | 1,494 | 1,423 | 1,349 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 74 | 294 | 54 | 29 | 3 | 114 | 183 |
| Cash from Investing Activity | -34 | -54 | -171 | -212 | -89 | -33 | 35 |
| Cash from Financing Activity | -40 | -146 | 30 | 187 | 93 | -100 | -210 |
| Net Cash Flow | -0 | 95 | -87 | 4 | 7 | -19 | 8 |
| Free Cash Flow | 37 | 240 | -92 | -194 | -116 | 85 | 176 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 33 | 34 | 30 | 33 | 45 | 35 |
| Inventory Days | 216 | 174 | 160 | 157 | 188 | 158 | 146 |
| Days Payable | 61 | 65 | 47 | 38 | 40 | 36 | 37 |
| Cash Conversion Cycle | 204 | 142 | 147 | 149 | 181 | 166 | 144 |
| Working Capital Days | 54 | 49 | 54 | 40 | 31 | 35 | 45 |
| ROCE % | 21 | 21 | 10 | 3 | 4 | 7 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
275inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
90,99,783inr
2026-03-31
News
News and filings about Visaka Industries Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Asbestos fibre / chrysotile (white) fibre
- Cement
- Fly ash
- PET pellets / post-consumer plastic bottles
- Virgin polyester, PVA and Recron fibres for synthetic yarn
- Wood pulp / cellulose fibre
Depends on the price of
- cement
- fuel
- paper_pulp
- water
Sells to
- Arvind Limited · Wonder Yarn synthetic/melange/high-twist speciality yarn; named by CARE Ratings (Sep-2025)…
- Donear Industries Limited · Wonder Yarn synthetic/melange/high-twist speciality yarn; named by CARE Ratings (Sep-2025)…
- RSWM Limited · Wonder Yarn synthetic blended yarn
- Raymond Limited · Wonder Yarn synthetic/melange/high-twist speciality yarn; named by CARE Ratings (Sep-2025)…
- Siyaram Silk Mills Limited · Wonder Yarn synthetic/melange/high-twist speciality yarn; named by CARE Ratings (Sep-2025)…
Buys from
- Race Eco Chain Limited · Biomass / biofuel briquettes for industrial boilers and co-firing
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Construction Materials
- Industry
- Cement & Cement Products
- Classification
- Construction Materials › Cement & Cement Products
- ISIN
- INE392A01021
Business segments
- Building Products · 84%
- Synthetic Yarns · 16%
- Others · 0%
Plants
- ATUM solar roofing division
- Daund V-Next fibre cement board unit
- Fibre cement boards SEZ unit, Chennai
- Midnapore asbestos cement sheet unit
- Miryalguda V-Next fibre cement board unit
- Nagpur textile / synthetic yarn unit
- Paramathi asbestos cement sheet unit
- Patancheru asbestos cement sheet unit
- Pune asbestos cement sheet unit
- Rae Bareli asbestos cement sheet unit
- Sambalpur asbestos cement sheet unit
- Tumkur asbestos cement sheet unit
- Vijayawada asbestos cement sheet unit
News impact
Big market events that reach Visaka Industries Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 13 Aug 2026 | interim | ₹1 |
|---|---|---|
| 25 Jun 2026 | unspecified | ₹1.2 |
| 27 Jun 2025 | unspecified | ₹0.5 |
| 14 Jun 2024 | unspecified | ₹0.5 |
| 15 Jun 2023 | unspecified | ₹0.6 |
| 15 May 2023 | split | ₹0 |
| 12 Apr 2023 | interim | ₹7 |
| 26 May 2022 | unspecified | ₹8 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 7 Aug 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 5,58,244 | ₹95.90 |
| 7 Aug 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 5,58,244 | ₹95.84 |
| 7 Aug 2026 | F3 ADVISORS PRIVATE LIMITED | BUY | 5,40,868 | ₹92.66 |
| 7 Aug 2026 | F3 ADVISORS PRIVATE LIMITED | SELL | 5,23,765 | ₹96.38 |
| 7 Aug 2026 | UNICON ENTERPRISE PRIVATE LIMITED | BUY | 4,63,431 | ₹97.36 |
| 7 Aug 2026 | ALPHAGREP SECURITIES PRIVATE LIMITED | BUY | 4,37,504 | ₹94.46 |
| 7 Aug 2026 | ALPHAGREP SECURITIES PRIVATE LIMITED | SELL | 4,37,504 | ₹94.51 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 3 Oct 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 115 | 0.00 |
| 30 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 7,000 | 0.06 |
| 29 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 10,000 | 0.09 |
| 28 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 1,200 | 0.01 |
| 21 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 2,000 | 0.02 |
| 18 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 3,083 | 0.03 |
| 17 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 5,000 | 0.04 |
| 16 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 9,000 | 0.08 |
| 15 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 10,000 | 0.09 |
| 11 Sep 2026 | VIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group | BUY | 7,500 | 0.07 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-268 Jul 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.