Visaka Industries Ltd
NSE: VISAKAIND · Cement & Cement Products · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹28 cr vs borrowings ₹302 cr (FY26): borrowings are higher by ₹275 cr.
- Operating profit covered interest 4.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY23, FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 8% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹79.41 on 2026-10-26: -23.9% from the 52-week high, +58.2% 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
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 308 | 351 | 426 | 506 | 325 | 368 | 480 | 590 |
| EBITDA | 4 | 11 | 44 | 88 | 12 | 26 | 74 | 91 |
| OPM % | 1.2% | 3.2% | 10.4% | 17.4% | 3.6% | 7.0% | 15.4% | 15.5% |
| Other income | 2 | 2 | 3 | 2 | 1 | 2 | 1 | 2 |
| Net profit | -17 | -11 | 15 | 52 | -9 | 2 | 40 | 53 |
| EPS (₹) | -1.92 | -1.27 | 1.69 | 6.03 | -1.01 | 0.22 | 4.63 | 6.10 |
| Revenue YoY | +5.4% | +4.6% | +12.7% | +16.7% | ||||
| Profit YoY | – | – | +174.7% | +1.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,416 | 1,653 | 1,527 | 1,543 | 1,678 | 1,762 |
| EBITDA | 200 | 136 | 88 | 99 | 199 | 203 |
| Net profit | 118 | 54 | 1 | -3 | 85 | 86 |
| EPS (₹) | 71.14 | 6.20 | 0.10 | -0.35 | 9.88 | 9.94 |
| Revenue growth | +16.8% | -7.7% | +1.1% | +8.7% | +10.8% | |
| Profit growth | -54.7% | -98.4% | -450.0% | – | +119.3% | |
| Dividend / share (₹) | 17.00 | 8.00 | 7.60 | 0.50 | 0.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +0.5% | +7.9% | +10.8% |
| Net profit | +16.8% | -5.1% | +119.3% |
| EPS | +16.8% | -32.1% | – |
| Share price | – | -8.5% (2y) | +2.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 771 | 753 | 744 | 827 |
| Borrowings | – | 387 | 538 | 478 | 302 |
| Cash & equivalents | – | 32 | 40 | 20 | 28 |
| Total assets | – | 1,370 | 1,494 | 1,423 | 1,349 |
| Fixed assets | – | 620 | 749 | 718 | 684 |
| Capital work in progress | – | 37 | 29 | 11 | 7 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 137 | 140 | 188 | 163 |
| Inventory | – | 381 | 426 | 365 | 352 |
| Payables | – | 93 | 90 | 84 | 89 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 54 | 29 | 3 | 114 | 183 |
| Cash from investing | -171 | -212 | -89 | -33 | 35 |
| Cash from financing | 30 | 187 | 93 | -100 | -210 |
| Capex | 146 | 228 | 119 | 30 | 37 |
| Free cash flow | -92 | -199 | -116 | 84 | 146 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.9% | 0.1% | -0.4% | 10.3% |
| ROCE % | – | 8.3% | 3.1% | 3.5% | 12.4% |
| Debtor days | – | 30 | 33 | 45 | 35 |
| Inventory days | – | 157 | 188 | 158 | 146 |
| Payable days | – | 38 | 40 | 36 | 37 |
| Cash conversion cycle (days) | – | 149 | 181 | 167 | 144 |
| Working capital days | – | 47 | 41 | 39 | 51 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.48% |
| FIIs | 0.82% |
| DIIs | 0.14% |
| of which Mutual funds | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 45.55% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 48.42% | 48.42% | 48.42% | 53.24% | 53.24% | 53.24% | 53.40% | 53.48% |
| Promoter group | % |
|---|---|
| G Vivekanand | 39.77% |
| Vigilance Security Services PVT Ltd | 5.06% |
| G Saroja | 3.73% |
| Arudra Roofings Private Limited | 3.29% |
| Gaddam Vamsi Krishna | 0.70% |
| Gaddam Vritika | 0.31% |
| Gaddam Vaishnavi | 0.31% |
| G.vivekanand Family Trust | 0.21% |
| SV Family Trust | 0.09% |
| Yeshwanth Realtors PVT Ltd | 0.00% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund | 1.01% |
44,272 shareholders. Pledged: 0.00% of promoter shares.
Peers in Cement & Cement Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | ₹3,29,452 cr | 37.4x | 4.5x | 12.1% | 13.5% | 19.0% | +11.9% | 0.69% |
| GRASIM | ₹2,00,762 cr | 35.1x | 1.9x | 5.7% | 5.9% | 14.2% | +14.2% | 0.83% |
| AMBUJACEM | ₹91,448 cr | 20.8x | 1.5x | 7.8% | 4.8% | 14.6% | +1.4% | 0.62% |
| SHREECEM | ₹84,932 cr | 52.1x | 3.6x | 7.3% | 9.6% | 20.9% | +5.5% | 0.60% |
| JKCEMENT | ₹38,133 cr | 40.3x | 5.4x | 14.4% | 13.7% | 15.9% | +12.2% | 0.30% |
| DALBHARAT | ₹30,890 cr | 32.6x | 1.7x | 2.3% | 6.9% | 18.5% | +3.0% | 0.55% |
| ACC | ₹21,934 cr | 11.5x | 1.1x | 9.8% | 9.2% | 10.4% | +5.3% | 0.64% |
| RAMCOCEM | ₹17,620 cr | 27.3x | 2.2x | 8.3% | 10.1% | 20.7% | +3.4% | 0.27% |
| JSWCEMENT | ₹15,880 cr | 20.5x | 2.4x | 11.6% | 9.8% | 17.2% | – | – |
| VISAKAIND | ₹686 cr | 8.0x | 0.8x | 10.9% | 12.7% | 11.5% | +0.5% | 0.64% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Building Products | ₹1,416 cr | 84.4% | ₹126 cr | 8.9% |
| Synthetic Yarns | ₹262 cr | 15.6% | ₹14 cr | 5.4% |
| Others | ₹0 cr | 0.0% | ₹-0 cr | -278.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-13 | Dividend | Interim Dividend - Re 1 Per Share |
| 2026-06-25 | Dividend | Dividend - Rs 1.20 Per Share |
| 2025-06-27 | Dividend | Annual General Meeting/ Dividend - Rs 0.50 Per Share |
| 2024-06-14 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2023-06-15 | Dividend | Annual General Meeting/Dividend - Re 0.60 Per Share |
| 2023-05-15 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2023-04-12 | Dividend | Interim Dividend - Rs 7 Per Share |
| 2022-05-26 | Dividend | Annual General Meeting/Dividend - Rs 8 Per Share |
| 2022-01-31 | Dividend | Interim Dividend - Rs 7 Per Share |
| 2021-05-18 | Dividend | Annual General Meeting/Dividend - Rs 10 Per Share |
| 2021-02-08 | Dividend | Interim Dividend - Rs 5.00 Per Share |
| 2020-07-16 | Other | Annual General Meeting |
| 2020-03-20 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2020-02-18 | Dividend | Int Dividend - Rs 10 Per Share |
| 2019-06-20 | Dividend | Annual General Meeting/ Dividend - Rs 7 Per Share |
| 2018-06-07 | Dividend | Annual General Meeting / Dividend- Rs 7 Per Share |
| 2017-06-14 | Dividend | Annual General Meeting/Dividend - Rs 6/- Per Share |
| 2016-07-18 | Dividend | Annual General Meeting/ Dividend -Rs 2/- Per Share |
| 2016-03-17 | Dividend | Interim Dividend - Rs 3/- Per Share (Purpose Revised) |
| 2015-07-16 | Dividend | Annual General Meeting/Dividend - Rs 5/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Building products manufacturing-cement roofing sheets: Manufacturing of cement roofing sheets
- Building products manufacturing-Fibre cement boards & panels: Manufacturing of Fibre cement boards & panels
- Wonder Yarn: Manufacturing of synthetic fibre yarn based out of virgin fibres as well as post-consumer PET bottles to create a sustainable yarn.
- ATUM Solar: Manufacturing of Building integrated photovoltaics- Solar
- Retail sale of Sustainable products: Selling of sustainable products.
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | VISAKAIND |
| BSE code | 509055 |
| ISIN | INE392A01021 |
| Face value | ₹2.0 |
| Incorporated | 1981-06-18 |
| Website | https://www.visaka.co |
| Plants (India / abroad) | 13 / 0 |
From the company's filings (BRSR FY26).
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.