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The Total revenue for the quarter ended December 2019 of Rs. 2414.43 millions remain, more or less, the same.Net profit of the cmpany stood at Rs. 61.48 millions for the quarter ended December 2019 a decline of -32.34% from Rs. 90.86 millions in the same quarter last year.Operating profit for the quarter ended December 2019 decreased to 228.12 millions as compared to 257.38 millions of corresponding quarter ended December 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 2414.43 2399.33 0.63 8226.77 8366.56 -1.67 11364.07 10432.35 8.93 Other Income 14.28 13.41 6.49 49.55 102.49 -51.65 120.40 45.71 163.40 PBIDT 228.12 257.38 -11.37 933.32 1196.10 -21.97 1556.53 1547.33 0.59 Interest 42.60 50.90 -16.31 127.43 146.33 -12.92 199.53 182.58 9.28 PBDT 185.52 206.48 -10.15 805.89 1049.77 -23.23 1357.00 1364.75 -0.57 Depreciation 100.34 89.34 12.31 310.26 260.07 19.30 353.55 348.36 1.49 PBT 85.18 117.14 -27.28 495.63 789.70 -37.24 1003.45 1016.39 -1.27 TAX 23.70 26.28 -9.82 71.26 256.09 -72.17 329.38 350.82 -6.11 Deferred Tax 2.95 5.30 -44.34 -63.77 -2.97 2047.14 26.01 -9.64 -369.81 PAT 61.48 90.86 -32.34 424.37 533.61 -20.47 674.07 665.57 1.28 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 9.45 10.73 -11.92 11.34 14.30 -20.64 13.70 14.83 -7.65
Visaka Industries is currently trading at Rs. 288.05, up by 10.20 points or 3.67% from its previous closing of Rs. 277.85 on the BSE.The scrip opened at Rs. 278.25 and has touched a high and low of Rs. 293.10 and Rs. 278.25 respectively. So far 2616 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 449.70 on 30-May-2019 and a 52 week low of Rs. 209.00 on 02-Dec-2019.Last one week high and low of the scrip stood at Rs. 293.10 and Rs. 274.10 respectively. The current market cap of the company is Rs. 465.47 crore.The promoters holding in the company stood at 42.16%, while Institutions and Non-Institutions held 1.53% and 56.31% respectively.Visaka Industries has reportedly got the prestigious certification from the global safety science company UL for its solar photovoltaic (PV) modules, being marketed under ATUM brand. ATUM has passed the stringent solar PV module tests prescribed under the latest International Electrotechnical Commission (IEC) and UL Standards.Visaka Industries is engaged in the manufacture of fibre cement sheets. The company also manufactures Accessories like Close Fitting Adjustable Ridges, North Light Ridges, North Light Curve, Roof Lights, Apron piece, Barge Boards, Serrated Adjustable Ridges, Close Fitting Adjustable Ridges, etc.
The sales is pegged at Rs. 2284.14 millions for the September 2019 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 2510.36 millions during the year-ago period.The Company`s Net profit for the September 2019 quarter have declined marginally to Rs. 132.13 millions as against Rs. 139.37 millions reported during the corresponding quarter ended.Operating Profit reported a sharp decline to 202.88 millions from 337.60 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 2284.14 2510.36 -9.01 5812.34 5967.23 -2.60 11364.07 10432.35 8.93 Other Income 20.34 19.97 1.85 35.27 89.08 -60.41 120.40 45.71 163.40 PBIDT 202.88 337.60 -39.91 705.20 938.72 -24.88 1556.53 1547.33 0.59 Interest 40.97 43.62 -6.08 84.83 95.43 -11.11 199.53 182.58 9.28 PBDT 161.91 293.98 -44.92 620.37 843.29 -26.43 1357.00 1364.75 -0.57 Depreciation 101.45 84.77 19.68 209.92 170.73 22.95 353.55 348.36 1.49 PBT 60.46 209.21 -71.10 410.45 672.56 -38.97 1003.45 1016.39 -1.27 TAX -71.67 69.84 -202.62 47.56 229.81 -79.30 329.38 350.82 -6.11 Deferred Tax -60.73 -19.62 209.53 -66.72 -8.27 706.77 26.01 -9.64 -369.81 PAT 132.13 139.37 -5.19 362.89 442.75 -18.04 674.07 665.57 1.28 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 8.88 13.45 -33.95 12.13 15.73 -22.87 13.70 14.83 -7.65
The quarter ended June 2019 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 3528.20 millions.A slender decline of -23.94% was recorded to Rs. 230.76 millions from Rs. 303.38 millions in the corresponding previous quarter.A decline of 502.32 millions was observed in the OP in the quarter ended June 2019 from 601.12 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 3528.20 3456.87 2.06 3528.20 3456.87 2.06 11364.07 10432.35 8.93 Other Income 14.93 69.11 -78.40 14.93 69.11 -78.40 120.40 45.71 163.40 PBIDT 502.32 601.12 -16.44 502.32 601.12 -16.44 1556.53 1547.33 0.59 Interest 43.86 51.81 -15.34 43.86 51.81 -15.34 199.53 182.58 9.28 PBDT 458.46 549.31 -16.54 458.46 549.31 -16.54 1357.00 1364.75 -0.57 Depreciation 108.47 85.96 26.19 108.47 85.96 26.19 353.55 348.36 1.49 PBT 349.99 463.35 -24.47 349.99 463.35 -24.47 1003.45 1016.39 -1.27 TAX 119.23 159.97 -25.47 119.23 159.97 -25.47 329.38 350.82 -6.11 Deferred Tax -5.99 11.35 -152.78 -5.99 11.35 -152.78 26.01 -9.64 -369.81 PAT 230.76 303.38 -23.94 230.76 303.38 -23.94 674.07 665.57 1.28 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 14.24 17.39 -18.13 14.24 17.39 -18.13 13.70 14.83 -7.65
The revenue for the March 2019 quarter is pegged at Rs. 2997.50 millions, about 15.46% up against Rs. 2596.04 millions recorded during the year-ago period.A slender decline of -7.56% was recorded to Rs. 140.44 millions from Rs. 151.93 millions in the corresponding previous quarter.Operating Profit reported a sharp decline to 360.41 millions from 366.86 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 2997.50 2596.04 15.46 11364.07 10432.35 8.93 11364.07 10432.35 8.93 Other Income 17.91 9.81 82.57 120.40 45.71 163.40 120.40 45.71 163.40 PBIDT 360.41 366.86 -1.76 1556.53 1547.33 0.59 1556.53 1547.33 0.59 Interest 53.21 54.21 -1.84 199.53 182.58 9.28 199.53 182.58 9.28 PBDT 307.20 312.65 -1.74 1357.00 1364.75 -0.57 1357.00 1364.75 -0.57 Depreciation 93.48 84.94 10.05 353.55 348.36 1.49 353.55 348.36 1.49 PBT 213.73 227.71 -6.14 1003.45 1016.39 -1.27 1003.45 1016.39 -1.27 TAX 73.30 75.78 -3.27 329.38 350.82 -6.11 329.38 350.82 -6.11 Deferred Tax 28.98 0.69 4100.00 26.01 -9.64 -369.81 26.01 -9.64 -369.81 PAT 140.44 151.93 -7.56 674.07 665.57 1.28 674.07 665.57 1.28 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 12.02 14.13 -14.91 13.70 14.83 -7.65 13.70 14.83 -7.65
Visaka Industries is currently trading at Rs. 401.00, up by 7.25 points or 1.84% from its previous closing of Rs. 393.75 on the BSE.The scrip opened at Rs. 400.00 and has touched a high and low of Rs. 401.30 and Rs. 399.50 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 810.95 on 02-May-2018 and a 52 week low of Rs. 326.45 on 19-Feb-2019.Last one week high and low of the scrip stood at Rs. 427.00 and Rs. 383.05 respectively. The current market cap of the company is Rs. 634.44 crore.The promoters holding in the company stood at 41.56%, while Institutions and Non-Institutions held 3.47% and 54.97% respectively.Visaka Industries has commissioned V-Boards Unit at Jhanswa village in the state of Haryana with an installed annual capacity of 50,000 MTS and is starting commercial production from March 11, 2019.The company expects the plant would reach 50% capacity utilisation within one month and reach its full capacity progressively in the next few months thereby making up for the delay to a larger extent.Visaka Industries is engaged in the manufacture of fibre cement sheets. The company also manufactures Accessories like Close Fitting Adjustable Ridges, North Light Ridges, North Light Curve, Roof Lights, Apron piece, Barge Boards, Serrated Adjustable Ridges, Close Fitting Adjustable Ridges, etc.
The company witnessed a 24.85% growth in the revenue at Rs. 2510.36 millions for the quarter ended September 2018 as compared to Rs. 2010.75 millions during the year-ago period.The Net proft of the company remain more or less same to Rs. 139.39 millions from Rs. 141.43 millions ,decline by -1.44%.The Operating Profit of the company witnessed a decrease to 337.60 millions from 343.33 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 2510.36 2010.75 24.85 5967.23 5417.95 10.14 10432.35 10555.52 -1.17 Other Income 19.97 10.15 96.75 89.08 26.03 242.22 45.71 57.12 -19.98 PBIDT 337.60 343.33 -1.67 938.72 826.37 13.60 1547.33 1228.94 25.91 Interest 43.62 39.91 9.30 95.43 79.63 19.84 182.57 195.98 -6.84 PBDT 293.98 303.42 -3.11 843.29 746.75 12.93 1364.75 1032.97 32.12 Depreciation 84.77 86.31 -1.78 170.73 176.78 -3.42 348.36 340.76 2.23 PBT 209.23 217.10 -3.63 672.58 569.96 18.00 1016.39 692.21 46.83 TAX 69.84 75.67 -7.70 229.81 198.94 15.52 350.83 264.36 32.71 Deferred Tax -19.62 -0.39 4930.77 -8.27 -4.83 71.22 -9.64 -9.05 6.52 PAT 139.39 141.43 -1.44 442.77 371.02 19.34 665.57 427.85 55.56 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 13.45 17.07 -21.23 15.73 15.25 3.14 14.83 11.64 27.39
Visaka Industries is currently trading at Rs. 608.00, up by 16.10 points or 2.72% from its previous closing of Rs. 591.90 on the BSE.The scrip opened at Rs. 599.70 and has touched a high and low of Rs. 630.00 and Rs. 597.50 respectively. So far 25052 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 839.90 on 15-Jan-2018 and a 52 week low of Rs. 405.00 on 11-Aug-2017.Last one week high and low of the scrip stood at Rs. 630.00 and Rs. 570.35 respectively. The current market cap of the company is Rs. 975.41 crore.The promoters holding in the company stood at 41.29%, while Institutions and Non-Institutions held 5.87% and 52.84% respectively.Visaka Industries has received an approval for setting-up a V-Panels unit in Jhanswa (V), Jhajjar District in Haryana to meet the demands of growing market. The Board of Directors of the company at their meeting held on August 2, 2018, approved the same.Proposed capacity addition (Per annum) is 10,080 MT/PA and the period within which the proposed capacity is to be added is 8 months. Investment required is Rs 1250 lakh.Visaka Industries is engaged in the manufacture of fibre cement sheets. The company also manufactures Accessories like Close Fitting Adjustable Ridges, North Light Ridges, North Light Curve, Roof Lights, Apron piece, Barge Boards, Serrated Adjustable Ridges, Close Fitting Adjustable Ridges, etc.
The total revenue for the quarter ended June 2018 remained nearly unchanged at Rs. 3456.87 millions.Good Net Profit growth of 32.14% reported above the corresponding previous quarter figure of Rs. 229.59 millions to Rs. 303.38 millioins.OP of the company witnessed a marginal growth to 601.12 millions from 483.04 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 3456.87 3407.20 1.46 3456.87 3407.20 1.46 10432.35 10555.52 -1.17 Other Income 69.11 15.88 335.20 69.11 15.88 335.20 45.71 57.12 -19.98 PBIDT 601.12 483.04 24.45 601.12 483.04 24.45 1547.33 1228.94 25.91 Interest 51.81 39.72 30.44 51.81 39.72 30.44 182.57 195.98 -6.84 PBDT 549.31 443.33 23.91 549.31 443.33 23.91 1364.75 1032.97 32.12 Depreciation 85.96 90.47 -4.99 85.96 90.47 -4.99 348.36 340.76 2.23 PBT 463.35 352.86 31.31 463.35 352.86 31.31 1016.39 692.21 46.83 TAX 159.97 123.27 29.77 159.97 123.27 29.77 350.83 264.36 32.71 Deferred Tax 11.35 -4.44 -355.63 11.35 -4.44 -355.63 -9.64 -9.05 6.52 PAT 303.38 229.59 32.14 303.38 229.59 32.14 665.57 427.85 55.56 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 17.39 14.18 22.65 17.39 14.18 22.66 14.83 11.64 27.39
The sales is pegged at Rs. 2596.04 millions for the March 2018 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 2801.72 millions during the year-ago period.A good growth in profit of 45.85% reported to Rs. 151.93 millions over Rs. 104.17 millions of corresponding previous quarter.OP of the company witnessed a marginal growth to 366.86 millions from 318.51 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 2596.04 2801.72 -7.34 10432.35 10555.52 -1.17 10432.35 10555.52 -1.17 Other Income 9.81 8.28 18.48 45.71 57.12 -19.98 45.71 57.12 -19.98 PBIDT 366.86 318.51 15.18 1547.33 1228.94 25.91 1547.33 1228.94 25.91 Interest 54.21 54.78 -1.04 182.57 195.98 -6.84 182.57 195.98 -6.84 PBDT 312.65 263.71 18.56 1364.75 1032.97 32.12 1364.75 1032.97 32.12 Depreciation 84.94 90.96 -6.62 348.36 340.76 2.23 348.36 340.76 2.23 PBT 227.71 172.75 31.81 1016.39 692.21 46.83 1016.39 692.21 46.83 TAX 75.78 68.58 10.50 350.83 264.36 32.71 350.83 264.36 32.71 Deferred Tax 0.69 -5.39 -112.80 -9.64 -9.05 6.52 -9.64 -9.05 6.52 PAT 151.93 104.17 45.85 665.57 427.85 55.56 665.57 427.85 55.56 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 14.13 11.37 24.31 14.83 11.64 27.39 14.83 11.64 27.39
A fair growth of 10.51% in the revenue at Rs. 2418.36 millions was reported in the December 2017 quarter as compared to Rs. 2188.44 millions during year-ago period.The Net Profit of the company vaulted to 141.85% to Rs. 142.62 millions from Rs. 58.97 millions in the previous quarter.Operating Profit saw a handsome growth to 354.10 millions from 231.52 millions in the quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 2418.36 2188.44 10.51 7836.31 7753.86 1.06 9667.32 10048.52 -3.79 Other Income 9.87 10.20 -3.24 35.90 48.81 -26.45 37.69 27.27 38.21 PBIDT 354.10 231.52 52.95 1180.47 910.43 29.66 1185.23 979.64 20.99 Interest 48.73 51.21 -4.84 128.36 141.19 -9.09 180.49 212.88 -15.22 PBDT 305.37 180.31 69.36 1052.11 769.26 36.77 1004.74 766.76 31.04 Depreciation 86.64 87.37 -0.84 263.42 249.80 5.45 340.76 363.05 -6.14 PBT 218.73 92.94 135.35 788.69 519.46 51.83 663.97 403.71 64.47 TAX 76.11 33.97 124.05 275.05 195.77 40.50 255.94 159.36 60.60 Deferred Tax -5.49 4.46 -223.09 -10.32 -3.66 181.97 0.00 0.00 0.00 PAT 142.62 58.97 141.85 513.64 323.68 58.69 408.04 244.35 66.99 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 14.64 10.58 38.41 15.06 11.74 28.30 12.26 9.75 25.76
Net sales declined -7.10% to Rs. 2010.75 million from Rs. 2164.41 millions.Net Profit recorded in the quarter ended September 2017 rise to 44.40% to Rs. 141.43 millions compared to R. 97.94 millions in corresponding previous quarter.Operating profit surged to 343.33 millions from the corresponding previous quarter of 288.20 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 2010.75 2164.41 -7.10 5417.95 5565.42 -2.65 9667.32 10048.52 -3.79 Other Income 10.15 10.79 -5.93 26.03 38.61 -32.58 37.69 27.27 38.21 PBIDT 343.33 288.20 19.13 826.37 678.91 21.72 1185.23 979.64 20.99 Interest 39.91 38.38 3.99 79.63 89.98 -11.50 180.49 212.88 -15.22 PBDT 303.41 249.83 21.45 746.74 588.95 26.79 1004.74 766.76 31.04 Depreciation 86.31 81.04 6.50 176.78 162.43 8.83 340.76 363.05 -6.14 PBT 217.10 168.79 28.62 569.96 426.52 33.63 663.97 403.71 64.47 TAX 75.67 70.85 6.80 198.94 161.80 22.95 255.94 159.36 60.60 Deferred Tax -0.39 -0.40 -2.50 -4.83 -8.12 -40.52 0.00 0.00 0.00 PAT 141.43 97.94 44.40 371.02 264.71 40.16 408.04 244.35 66.99 Equity 158.81 158.81 0.00 158.81 158.81 0.00 158.81 158.81 0.00 PBIDTM(%) 17.07 13.32 28.22 15.25 12.20 25.03 12.26 9.75 25.76