Visa Chrome Limited
NSE: VISACHROME · Ferro & Silica Manganese · sector
₹31.12NSE close 2026-10-26
Key numbers
Market cap₹454 cr
Price₹31.12
52w high / low₹57 / ₹29
P/E0.4xSector median 7.0x
P/B–Sector median 1.4x
Book value₹-15.1
Dividend yield–Sector median 1.32%
ROE–Sector median 7.3%
ROCE795.8%Sector median 10.1%
OPM213.0%Sector median 10.7%
Debt / equity–Sector median 0.13x
EV/EBITDA0.7xSector median 3.2x
Interest cover32.2x
Current ratio0.10x
Sales growth 3y-5.1%Sector median -9.0%
Profit growth 3y-14.2%Sector median -4.6%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 9 companies in Ferro & Silica Manganese (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹354 cr (FY26): borrowings are higher by ₹351 cr.
- Operating profit covered interest 32.2x in the last 12 months.
- 28.69% of the promoters' shares are pledged (17.9% of all shares).
- Promoter holding rose by 9.74 percentage points in a year, to 62.40% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY23).
- Net loss in 6 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 0% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹31.12 on 2026-10-26: -45.0% from the 52-week high, +8.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹67.58 · low ₹28.56
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 119 | 162 | 171 | 76 | 145 | 171 | 120 |
| EBITDA | 15 | 2 | -468 | 18 | -9 | -1 | 1,096 | 5 |
| OPM % | 10.3% | 2.1% | -288.4% | 10.4% | -11.3% | -0.6% | 640.8% | 4.2% |
| Other income | 0 | 0 | 0 | 1 | 3 | 0 | 1 | 0 |
| Net profit | -4 | -17 | -488 | 4 | -20 | -17 | 1,083 | -10 |
| EPS (₹) | -0.36 | -1.49 | -42.16 | 0.37 | -1.75 | -1.42 | 90.60 | -0.66 |
| Revenue YoY | -49.6% | +22.1% | +5.3% | -29.6% | ||||
| Profit YoY | – | – | – | -321.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,118 | 657 | 670 | 566 | 562 | 512 |
| EBITDA | 18 | 1,757 | 5 | -438 | 1,103 | 1,091 |
| Net profit | -87 | 1,660 | -72 | -517 | 1,050 | 1,036 |
| EPS (₹) | -7.53 | 143.39 | -6.21 | -44.61 | 87.89 | 86.77 |
| Revenue growth | -41.2% | +1.9% | -15.4% | -0.9% | -15.0% | |
| Profit growth | – | -104.3% | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -5.1% | -10.5% | -15.0% |
| Net profit | -14.2% | – | – |
| EPS | -15.1% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -772 | -844 | -1,361 | -220 |
| Borrowings | – | 1,347 | 1,365 | 1,357 | 354 |
| Cash & equivalents | – | 21 | 26 | 3 | 3 |
| Total assets | – | 1,068 | 1,032 | 533 | 535 |
| Fixed assets | – | 959 | 920 | 447 | 446 |
| Capital work in progress | – | 39 | 39 | 0 | 0 |
| Investments | – | 3 | 3 | 3 | 4 |
| Receivables | – | 0 | 0 | 1 | 0 |
| Inventory | – | 8 | 8 | 12 | 16 |
| Payables | – | 42 | 49 | 35 | 19 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 20 | 26 | 17 | 26 | 36 |
| Cash from investing | -9 | -19 | -9 | -12 | -25 |
| Cash from financing | -9 | -8 | -8 | -13 | -9 |
| Capex | 8 | 18 | 10 | 12 | 25 |
| Free cash flow | 11 | 8 | 8 | 13 | 11 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -215.0% | 8.5% | 38.0% | -477.6% |
| ROCE % | – | 293.0% | -8.1% | 11,467.4% | 806.1% |
| Debtor days | – | 0 | 0 | 1 | 0 |
| Inventory days | – | 8 | 7 | 12 | 15 |
| Payable days | – | 46 | 41 | 37 | 18 |
| Cash conversion cycle (days) | – | -38 | -34 | -24 | -3 |
| Working capital days | – | -963 | -969 | -1,147 | -419 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 62.40% |
| FIIs | 24.22% |
| DIIs | 0.04% |
| Public (non-institutions) | 13.34% |
| Quarter | Jun 2025 | Sep 2025 | Dec 2025 | Dec 2025 | Mar 2026 | Apr 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 52.66% | 52.66% | 57.60% | 57.60% | 57.60% | 62.40% | 62.40% | 62.40% |
| Promoter group | % |
|---|---|
| Visa Industries Limited | 44.50% |
| Visa Infra Limited | 17.90% |
| Public holders above 1% | % |
|---|---|
| AL Maha Investment Fund Pcc-onyx Strategy | 8.20% |
| Vikasa India EIF I Fund | 7.40% |
| Baosteel Resources Co. Ltd. | 3.97% |
| Ayushmat Ltd | 3.20% |
| Eriska Investment Fund Ltd | 2.50% |
| Nautilus Private Capital Ltd | 1.63% |
| Assets Care and Reconstruction Enterprise Limited | 1.54% |
| Magnifica Global Opportunities Vcc-mgo High Convic | 1.30% |
17,744 shareholders. Pledged: 28.69% of promoter shares.
Peers in Ferro & Silica Manganese
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IMFA | ₹5,842 cr | 11.1x | 2.1x | 20.7% | 20.0% | 23.6% | +1.8% | 0.93% |
| MAITHANALL | ₹2,222 cr | 7.7x | 0.5x | 7.4% | 10.1% | 13.7% | -9.0% | 1.71% |
| VISACHROME | ₹454 cr | 0.4x | – | – | 795.8% | 213.0% | -5.1% | – |
| NCML | ₹240 cr | 22.8x | 2.9x | 12.5% | 21.5% | 10.7% | – | – |
| NAGPI | ₹178 cr | 49.3x | 2.1x | -3.2% | 0.6% | -0.2% | – | – |
| SHYAMCENT | ₹99 cr | – | 0.6x | -3.6% | -5.4% | -166.4% | -50.2% | – |
| INDSILHYD | ₹88 cr | 6.3x | 0.4x | 7.3% | 7.2% | 9.3% | -5.0% | – |
| CHROME | ₹62 cr | 6.3x | 4.1x | -49.2% | -19.9% | -628.1% | -81.7% | – |
| FACORALL | ₹57 cr | 1.8x | 0.6x | 11.6% | 20.2% | 1,294.2% | -83.4% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-12-11 | Other | Annual General Meeting |
| 2019-12-12 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-12-05 | Other | Annual General Meeting |
| 2016-12-19 | Other | Annual General Meeting |
| 2015-12-17 | Other | Annual General Meeting |
| 2014-12-15 | Other | Annual General Meeting |
| 2013-12-05 | Other | Annual General Meeting |
| 2012-08-02 | Other | Annual General Meeting |
| 2011-07-14 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2010-08-06 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2009-08-17 | Other | Annual General Meeting |
| 2008-07-21 | Dividend | Agm/Dividend - 10% |
| 2007-07-23 | Other | Agm |
| 2006-07-20 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Ferro & Silica Manganese |
| Sub-industry | Ferro & Silica Manganese |
| Symbol | VISACHROME |
| BSE code | 532721 |
| ISIN | INE286H01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.