Visaka Industries News and Updates

Name: Latest research reports of Visaka Industries Ltd. authored by Angel Broking and published by - Trendlyne research reports.
Item: Visaka Industries Ltd.
Rating: 5
Author: Angel Broking

Keep track of all breaking news on Visaka Industries from all sources in a single place.

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Visaka Industries Ltd.

31 Aug 2017

64.90

-1.41%

Visaka Industries forays into solar sector with roof-fused panels

Business Line

Visaka Industries Limited has forayed into innovative roofing solution where the solar panel fused with roof panel generates electricity. The company product, Atum, is being offered as an...

Visaka Industries Ltd. is trading below all available SMAs

Visaka Industries Ltd.

31 Aug 2017

64.90

-1.41%

Visaka Industries to launch innovative roofting product

Business Line

Visaka Industries Ltd has forayed into innovative roofing solution, where the rooftop panel offered by the company generates electricity. The company's product named Atum, is being offered as an...

Promoters released all pledges in Sep 2025 qtr.

Visaka Industries Ltd.

13 Aug 2017

64.90

-1.41%

Visaka to undertake 100-cr expansion in Haryana

Business Line

Visaka Industries Ltd, a Hyderabad-based firm engaged in the manufacture and sale of building products and synthetic blended yarn, will take up a 100-crore expansion project to set up a new...

Visaka Industries has lost -22.08% in the last 6 Months

Visaka Industries Ltd.

11 Aug 2017

64.90

-1.41%

Visaka Ind to take up Rs 100 cr expansion project in Haryana

Business Line

Visaka Industries Limited has firmed up plans to take up a Rs 100 crore expansion project, which will entail setting up of a new manufacturing unit for V-Boards in Jhajjar district in Haryana....

Visaka Industries has lost -21.26% in the last 3 Months

Visaka Industries Ltd.

21 May 2016

64.90

-1.41%

Visaka Industries Ltd

Buy: Visaka Industries Ltd.

Target

Angel Broking

Visaka Industries posted a good set of numbers for 4QFY2016. Although the top-line declined, the performance on the operating and bottom-line fronts was favorable. The top-line declined by 3.3% yoy to Rs276cr. On the operating front the EBITDA grew by 6.6% yoy to Rs29cr and the EBITDA margin improved by 96bp yoy to 10.4%. There was an exc..

Visaka Industries has lost -34.03% in the last 1 Year

Visaka Industries Ltd.

18 Nov 2015

64.90

-1.41%

Visaka Industries Ltd- Research Report

Buy: Visaka Industries Ltd.

Angel Broking

For 2QFY2016, Visaka Industries reported a mixed set of numbers. The top-line, at Rs192cr (8.2% yoy decline), was marginally below our estimate of Rs205cr. The EBITDA declined by 21.6% yoy to Rs15cr and the EBITDA margin contracted by 135bp yoy to 7.9%, owing to a 109bp yoy increase in raw material cost as a percentage of sales to 50.2% and 157bp yoy increase in employee expense to 8.0% of sales. Other expenses declined by 131bp yoy to 33.9% of sales. We had built in an EBITDA margin estimate of 6.4%. Interest expense at Rs5cr was higher by 19.7% on a yoy basis. Consequently, the net profit declined by 78.9% yoy to Rs0.8cr, against our estimate of Rs1.5cr. Near term pressure for Asbestos Cement Products (ACP); Overall long term prospects intact: The ACP division of the Building Products segment is likely to face pressure in the near term on account of subdued rural sentiment. However, the company is a major player with ~17% market share. With the rural economy expected to improve in the longer run, we expect the division to perform well going forward. The Building products segment is also supported by strong performance of its V-boards division which is...

Visaka Industries has lost -22.08% in the last 6 Months

Visaka Industries Ltd.

01 Aug 2014

64.90

-1.41%

Visaka Industries Ltd.

Buy: Visaka Industries Ltd.

Ashika Research

Visaka industries limited incorporated in 1985, is a well diversified company with strong presence in Fibre cement sheets, yarn, and building products. It has an installed capacity of...

Promoters released all pledges in Sep 2025 qtr.

Is Visaka Industries Ltd. worth buying?

171 Votes:

Buy 74.85%

Sell 15.2%

Hold 9.94%

39.35% Fall from 52W High

Visaka Industries News and Updates

Keep track of all breaking news on Visaka Industries from all sources in a single place.