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Market Cap

₹7.7b

Last Updated

2021/04/16 12:05 UTC

Data Sources

Company Financials

Executive Summary

Visaka Industries Limited manufactures and sells corrugated cement fiber sheets in India. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

Share Price & News

How has Visaka Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VISAKAIND is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: VISAKAIND's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

VISAKAIND

-3.5%

IN Basic Materials

-2.3%

IN Market


1 Year Return

195.7%

VISAKAIND

93.6%

IN Basic Materials

70.8%

IN Market

Return vs Industry: VISAKAIND exceeded the Indian Basic Materials industry which returned 92.3% over the past year.

Return vs Market: VISAKAIND exceeded the Indian Market which returned 74.1% over the past year.


Shareholder returns

VISAKAINDIndustryMarket
7 Day-1.8%-3.5%-2.3%
30 Day3.1%5.2%-0.002%
90 Day30.0%23.6%5.4%
1 Year199.2%195.7%96.0%93.6%73.4%70.8%
3 Year-20.8%-29.7%47.9%44.2%27.8%20.2%
5 Year397.1%330.0%95.9%88.8%86.9%71.2%

Long-Term Price Volatility Vs. Market

How volatile is Visaka Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Visaka Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VISAKAIND (₹483.55) is trading below our estimate of fair value (₹1911.36)

Significantly Below Fair Value: VISAKAIND is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VISAKAIND is good value based on its PE Ratio (8.9x) compared to the IN Basic Materials industry average (16.8x).

PE vs Market: VISAKAIND is good value based on its PE Ratio (8.9x) compared to the Indian market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VISAKAIND's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VISAKAIND's PB Ratio (1.3x) is in line with the IN Basic Materials industry average.


Future Growth

How is Visaka Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Visaka Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Visaka Industries performed over the past 5 years?

16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VISAKAIND has high quality earnings.

Growing Profit Margin: VISAKAIND's current net profit margins (8.5%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: VISAKAIND's earnings have grown by 16.5% per year over the past 5 years.

Accelerating Growth: VISAKAIND's earnings growth over the past year (53.6%) exceeds its 5-year average (16.5% per year).

Earnings vs Industry: VISAKAIND earnings growth over the past year (53.6%) exceeded the Basic Materials industry 31%.


Return on Equity

High ROE: VISAKAIND's Return on Equity (15.1%) is considered low.


Financial Health

How is Visaka Industries's financial position?


Financial Position Analysis

Short Term Liabilities: VISAKAIND's short term assets (₹4.8B) exceed its short term liabilities (₹2.3B).

Long Term Liabilities: VISAKAIND's short term assets (₹4.8B) exceed its long term liabilities (₹932.0M).


Debt to Equity History and Analysis

Debt Level: VISAKAIND's debt to equity ratio (19.3%) is considered satisfactory.

Reducing Debt: VISAKAIND's debt to equity ratio has reduced from 65.6% to 19.3% over the past 5 years.

Debt Coverage: VISAKAIND's debt is well covered by operating cash flow (204.3%).

Interest Coverage: VISAKAIND's interest payments on its debt are well covered by EBIT (10.6x coverage).


Balance Sheet


Dividend

What is Visaka Industries's current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VISAKAIND's dividend (2.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: VISAKAIND's dividend (2.07%) is in the top 25% of dividend payers in the Indian market (1.9%)


Stability and Growth of Payments

Stable Dividend: VISAKAIND's dividend payments have been volatile in the past 10 years.

Growing Dividend: VISAKAIND's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.2%), VISAKAIND's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.6yrs

Average management tenure


CEO

G. Vivekanand (55 yo)

11.5yrs

Tenure

₹26,770,454

Compensation

Dr. G. Saroja Vivekanand, MBBS, M.D., BA, has been the Managing Director of Visaka Industries Limited since October 24, 2009. She served as the Joint Managing Director of Visaka Industries Limited from Jun...


CEO Compensation Analysis

Compensation vs Market: G.'s total compensation ($USD356.58K) is above average for companies of similar size in the Indian market ($USD41.03K).

Compensation vs Earnings: G.'s compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: VISAKAIND's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: VISAKAIND's board of directors are considered experienced (6.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Visaka Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Visaka Industries Limited
  • Ticker: VISAKAIND
  • Exchange: NSEI
  • Founded: 1981
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹7.712b
  • Shares outstanding: 16.48m
  • Website: https://www.visaka.co

Number of Employees


Location

  • Visaka Industries Limited
  • Visaka Towers, 1-8-303/69/3
  • S.P. Road
  • Secunderabad
  • 500003
  • India

Listings


Biography

Visaka Industries Limited manufactures and sells corrugated cement fiber sheets in India. The company operates in two segments, Building Products and Synthetic Yarn. It offers cement asbestos, such as clos...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 12:05
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.