VISAKAINDCommodities

Visaka Industries Limited

Cement & Cement Products · ISIN INE392A01021 · BSE 509055 · NSE EQ · FV ₹2
Last price
₹91
+4.20%today
What this company does

Visaka Industries Limited operates in Cement & Cement Products, part of the Commodities sector. It booked ₹590 cr of revenue in its latest quarter (Q1 FY27) and kept 8.9% of sales as profit.

The company is the largest player in fibre cement H1684 Crores increased by 8.58 % over the previous financial year board business in India.
In the report:
71out of 100
Equitytale Health Score
Solid

Healthier than 71% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
52

At close. Not part of the score.

Profitability & returns82

How much profit it earns on the money it employs

Balance sheet49

How much it owes, and whether earnings cover the interest

Cash quality53

Whether reported profit actually arrives as cash

Growth & consistency68

Whether sales and profit have grown, and how steadily

Valuation86

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 17% vs last year
Promoters hold 53%
No promoter shares pledged
Strong 25% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in VISAKAIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 6% a year, it would become
₹16.33 lakh

The slider starts at 6%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹91 +4.20%
latest close · 2026-09-17
52-wk low ₹7942 sessions so far52-wk high ₹104
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio3.7Low
LowAverageHigh
P/B ratio0.95Below book
Below bookModerateHigh
EV / EBITDA2.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity25.5%Strong
WeakFairStrong ▸15%
Return on capital32.0%Strong
WeakFairStrong
Net margin8.9%Decent
ThinDecentStrong
EBITDA margin15.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.37Comfortable
LowModerateHigh ▸1
Interest cover13.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.59Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹785 cr
Book value
₹96
EPS
₹6.10
latest quarter
Net debt
₹278 cr
owes more than its cash
Enterprise value
₹1,063 cr
EBITDA
₹373 cr
annualised
EBIT
₹306 cr
annualised
Operating margin
13.0%
Return on assets
15.6%
Earnings yield
26.87%
P/S
0.33
Sales / share
₹273.2
Tax rate
25.4%
Face value
₹2
Shares
8.6 cr
Working capital
₹233 cr
Current assets
₹626 cr
Current liabilities
₹393 cr
Delivery %
52.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 5% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹78₹208, midpoint ₹143

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹590 cr
Other Income₹2 cr
Total Income₹592 cr
Cost of Materials₹258 cr
Purchases of Stock-in-Trade₹3 cr
Inventory Change (±)₹43 cr
Employee Benefit Expense₹43 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹17 cr
Other Expenses₹152 cr
Total Expenses₹521 cr
Profit before Tax₹71 cr
Tax Expense₹18 cr
Net Profit₹53 cr
Net margin on total income8.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹304 cr51.4%
Employee benefit expense₹43 cr7.2%
Finance costs₹6 cr1.0%
Depreciation & amortisation₹17 cr2.8%
Other expenses₹152 cr25.7%
Tax expense₹18 cr3.0%
Profit for the period₹53 cr8.9%
Total income ₹592 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue368 cr480 cr590 cr
Total income370 cr481 cr592 cr
Expenses367 cr453 cr521 cr
Profit before tax3 cr51 cr71 cr
Tax94.8 L11 cr18 cr
Net profit (owners' share)2 cr40 cr53 cr
Net margin (owners' share, on revenue)0.5%8.3%8.9%
EPS (₹)0.224.636.10
YoY (latest quarter): total income +16.7% · net profit +1.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,349 cr
Shareholder equity
₹827 cr
parent shareholders
Total debt
₹302 cr
Cash
₹24 cr
Cash flow · H1 FY26
Operating
₹50 cr
Investing
₹23 cr
Financing
₹-80 cr
Peer comparison
Cement & Cement Products · by market value
CompanyPriceMarket capP/E
UltraTech Cement Limited₹10,764₹3.17 L cr30.5
Grasim Industries Limited₹3,173₹2.16 L cr25.1
Ambuja Cements Limited₹383₹95,238 cr41.3
SHREE CEMENT LIMITED₹21,960₹79,232 cr37.4
JK Cement Limited₹5,027₹38,844 cr35.0
Dalmia Bharat Limited₹1,693₹32,173 cr42.2
ACC Limited₹1,233₹23,171 cr39.4
The Ramco Cements Limited₹859₹20,297 cr162.7
JSW Cement Limited₹117₹15,750 cr24.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.42%
trailing 12 months
Dividend / share (TTM)
₹2.2
Last dividend
₹1
ex 13 Aug 2026
ActionDetailEx-date
Dividend₹1 / share13 Aug 2026
Dividend₹1.2 / share25 Jun 2026
Dividend₹0.5 / share27 Jun 2025
Dividend₹0.5 / share14 Jun 2024
Dividend₹0.6 / share15 Jun 2023
Stock splitStock Split From Rs.10/- to Rs.2/-15 May 2023
Who owns it · 2026-06-30
No pledge
Promoter
53.4%
FII / Foreign
0.0%
DII / Domestic
0.1%
Retail / others
46.4%
Promoter stake up 5.0% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtVIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group5,000 · ₹4.4 L16 Sep 26
BoughtVIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group9,000 · ₹8.1 L15 Sep 26
BoughtVIGILANCE SECURITY SERVICES PRIVATE LIMITED · Promoter Group10,000 · ₹9.0 L11 Sep 26
Bulk / block deals
BoughtUNICON ENTERPRISE PRIVATE LIMITED · NSE4.63 L @ ₹97.367 Aug 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE5.58 L @ ₹95.97 Aug 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE5.58 L @ ₹95.847 Aug 26
Stake changes
BoughtDr G Vivekanand and Promoter and Promoter Group · promoter→ 48.36% · 8.00 L16 Feb 22
SoldVigilance Security Services Private Limited→ 6.85% · 4.50 L15 Feb 22
BoughtDr. G. Vivekanand along with PAC · promoter→ 43.72% · 4.00 L18 Nov 20
Promoter pledges
PledgedAditya Birla Finance Ltd and Aditya Birla Finance Ltd3.25 L · 0.00% held11 Feb 22
ReleasedCIL Securities Ltd10,000 · 0.06% held11 Jun 21
PledgedCIL Securities Ltd10,000 · 0.00% held25 Mar 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Jul 2025
See the official result
1
To adopt the audited financial statements of the Company (both standalone and consolidated) for the financial year ended March 31, 2025, and reports of the Board of Directors and Auditors’ thereon as on that date.
Backed by 100% of shareholders other than promotersneeded 50%
43.92 L votes for, 1,571 against · 0% of mutual funds and other big investors said no
2
To declare a Final Dividend of Rs.0.50 per Equity Share of Rs. 2/- for the Financial Year 2024-25.
Backed by 100% of shareholders other than promotersneeded 50%
44.08 L votes for, 1,371 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Dr. G. Vivek Venkatswamy (DIN:00011684), who retired by rotation and being eligible, offers himself for reappointment
Backed by 100% of shareholders other than promotersneeded 50%
44.04 L votes for, 4,570 against · 0% of mutual funds and other big investors said no
4
Ratification of Remuneration payable to the Cost Auditors M/s. Sagar & Associates, (Firm Reg No. 000118), Cost Accountants, Hyderabad for the financial year ending March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
44.07 L votes for, 2,070 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 53.4% between them · as of 2026-06-30
G. VIVEKANAND39.77%
VIGILANCE SECURITY SERVICES PRIVATE LIMITED4.98%
G SAROJA3.73%
ARUDRA ROOFINGS PRIVATE LIMITED3.29%
GADDAM VAMSI KRISHNA0.70%
GADDAM VAISHNAVI0.31%
GADDAM VRITIKA0.31%
G.VIVEKANAND FAMILY TRUST- Trustees (G Viveknand, .G Saroja Vivekanand)0.21%
Business done with them
FY2025 · 2 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 0.1% of its ₹1,543 cr revenue and received ₹54.3 L back from them.
g saroja
Paid them for services · remuneration and dividend
also owns 3.73% of the company
₹2 cr
company paid
Arudra Roofings Private Limited
Contribution received from them · rent expenses
also owns 3.29% of the company
₹27.8 L
company received
g saroja
Other income from them · remuneration and dividend
also owns 3.73% of the company
₹26.6 L
company received

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.