Visaka Industries Limited manufactures and sells corrugated cement fiber sheets in India. More Details
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.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
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.
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
1 week ago | Simply Wall StHave Insiders Been Buying Visaka Industries Limited (NSE:VISAKAIND) Shares?
3 weeks ago | Simply Wall StIs Visaka Industries (NSE:VISAKAIND) Using Too Much Debt?
1 month ago | Simply Wall StI Ran A Stock Scan For Earnings Growth And Visaka Industries (NSE:VISAKAIND) Passed With Ease
Is Visaka Industries undervalued compared to its fair value and its price relative to the market?
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.
How is Visaka Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Visaka Industries performed over the past 5 years?
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.
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).
What is Visaka Industries's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
G. Vivekanand (55 yo)
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.
Experienced Management: VISAKAIND's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: VISAKAIND's board of directors are considered experienced (6.7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.
Visaka Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- Visaka Industries Limited
- Visaka Towers, 1-8-303/69/3
- S.P. Road
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 12:05|
|End of Day Share Price||2021/04/16 00:00|
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.