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Last Updated on: 14 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 509055 | NSE: VISAKAIND

Visaka Industries Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 14, 2024, 6:29 pm

Market Cap 789 Cr.
Current Price 91.5
High / Low178/81.4
Stock P/E
Book Value 86.4
Dividend Yield0.54 %
ROCE3.33 %
ROE0.33 %
Face Value 2.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Visaka Industries Ltd

Competitors of Visaka Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Visaka Industries Ltd 789 Cr. 91.5178/81.4 86.40.54 %3.33 %0.33 % 2.00
Sanghi Industries Ltd 2,243 Cr. 86.8156/71.7 31.90.00 %5.45 %34.1 % 10.0
Ramco Industries Ltd 2,445 Cr. 282296/19223.2 4680.27 %3.15 %2.67 % 1.00
BIGBLOC Construction Ltd 1,746 Cr. 123148/75.262.8 7.350.30 %24.0 %34.2 % 2.00
Industry Average1,805.75 Cr145.8343.00148.410.28%8.98%17.83%3.75

All Competitor Stocks of Visaka Industries Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales354.15349.06292.25353.83420.63479.22362.50354.77450.10446.84339.66342.80391.21
Expenses301.35284.13250.85312.65368.07415.43338.00329.02424.95410.47326.47329.03366.59
Operating Profit52.8064.9341.4041.1852.5663.7924.5025.7525.1536.3713.1913.7724.62
OPM %14.91%18.60%14.17%11.64%12.50%13.31%6.76%7.26%5.59%8.14%3.88%4.02%6.29%
Other Income2.422.112.043.092.652.732.27-0.573.362.242.442.303.87
Interest3.113.322.422.443.393.043.977.018.318.398.3110.249.40
Depreciation10.059.079.018.9110.6311.4912.6112.9113.1813.5413.6214.2916.51
Profit before tax42.0654.6532.0132.9241.1951.9910.195.267.0216.68-6.30-8.462.58
Tax %26.60%25.73%25.68%27.00%26.88%25.70%26.99%29.28%28.77%26.44%-21.90%-21.87%29.84%
Net Profit30.8840.5823.7924.0330.1238.637.443.725.0012.26-4.92-6.611.81
EPS in Rs3.754.922.892.923.494.470.860.430.581.42-0.57-0.770.21

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales9168921,0211,0059611,0121,1361,0501,1461,4161,6471,5211,530
Expenses8098359259108438629939429531,2161,5071,4331,439
Operating Profit1075796951171501441091932001398891
OPM %12%6%9%9%12%15%13%10%17%14%8%6%6%
Other Income25236512791081110
Interest15212221201820171312223639
Depreciation20224336343535414038505860
Profit before tax7519334069102100571491617442
Tax %32%36%36%39%38%35%33%14%26%26%26%44%
Net Profit51122124436767491111195531
EPS in Rs6.381.512.683.085.398.388.496.2113.4313.726.340.290.08
Dividend Payout %19%33%37%33%22%17%17%48%22%22%32%171%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-76.47%75.00%14.29%79.17%55.81%0.00%-26.87%126.53%7.21%-53.78%-94.55%
Change in YoY Net Profit Growth (%)0.00%151.47%-60.71%64.88%-23.35%-55.81%-26.87%153.40%-119.32%-60.99%-40.76%

Visaka Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:5%
5 Years:6%
3 Years:10%
TTM:-6%
Compounded Profit Growth
10 Years:-14%
5 Years:-48%
3 Years:-72%
TTM:-157%
Stock Price CAGR
10 Years:14%
5 Years:13%
3 Years:-9%
1 Year:11%
Return on Equity
10 Years:11%
5 Years:10%
3 Years:8%
Last Year:0%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:34 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital16161616161616161717171717
Reserves310317316331377430484489606715756738729
Borrowings277265304321213241246263115167388535521
Other Liabilities136130154151155198180176211209210202175
Total Liabilities7407287908197608859269449491,1081,3711,4931,442
Fixed Assets250334312294327322419406396461615738724
CWIP162104126919549362822
Investments15151510000002121414
Other Assets458358463511422494506529547597708712681
Total Assets7407287908197608859269449491,1081,3711,4931,442

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-5412188915388717429455305
Cash from Investing Activity +-59-91-21-28-62-105-49-34-54-173-214-91
Cash from Financing Activity +93-3816-14-1281-26-40-1463018893
Net Cash Flow-20-7247-37-16-3-095-8747

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-170.00-208.00-208.00-226.00-96.00-91.00-102.00-154.0078.0033.00-249.00-447.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days344046535754504933353033
Inventory Days188122158148144179180216174159158188
Days Payable383037404173526165473839
Cash Conversion Cycle184132167162160161178204142147150182
Working Capital Days1159010693768194109628490110
ROCE %17%7%9%9%14%18%17%10%22%21%10%3%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters45.85%45.85%45.86%48.36%48.36%48.36%48.42%48.42%48.42%48.42%48.42%48.42%
FIIs5.15%5.60%5.64%4.78%4.51%4.53%3.72%3.83%3.22%0.81%0.33%0.71%
DIIs0.03%0.03%0.04%0.03%0.03%0.96%0.84%0.84%0.67%0.02%0.02%0.30%
Public48.97%48.52%48.46%46.83%47.09%46.14%47.03%46.92%47.70%50.74%51.23%50.57%
No. of Shareholders28,52629,78229,82529,75929,96430,41630,88131,21834,35240,96443,77451,717

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.0010.0010.0010.0010.00
Basic EPS (Rs.)0.106.2071.1468.4731.04
Diluted EPS (Rs.)0.106.2069.4267.6331.04
Cash EPS (Rs.)6.9159.9290.0391.1856.69
Book Value[Excl.RevalReserv]/Share (Rs.)86.90445.41422.68379.47317.21
Book Value[Incl.RevalReserv]/Share (Rs.)86.90445.41422.68379.47317.21
Revenue From Operations / Share (Rs.)176.27954.59817.41694.00659.76
PBDIT / Share (Rs.)11.3886.20121.11122.3172.54
PBIT / Share (Rs.)4.5757.2299.3998.1046.81
PBT / Share (Rs.)0.3442.4892.7290.3435.88
Net Profit / Share (Rs.)0.0930.9468.3166.9730.96
NP After MI And SOA / Share (Rs.)0.0930.9468.3166.9730.96
PBDIT Margin (%)6.459.0314.8117.6210.99
PBIT Margin (%)2.595.9912.1514.137.09
PBT Margin (%)0.194.4411.3413.015.43
Net Profit Margin (%)0.053.248.359.654.69
NP After MI And SOA Margin (%)0.053.248.359.654.69
Return on Networth / Equity (%)0.116.9416.1617.649.76
Return on Capital Employeed (%)4.0510.4421.6722.6212.31
Return On Assets (%)0.053.9110.6611.665.22
Long Term Debt / Equity (X)0.270.210.060.120.16
Total Debt / Equity (X)0.700.500.220.150.47
Asset Turnover Ratio (%)1.071.331.381.210.00
Current Ratio (X)1.331.511.752.161.52
Quick Ratio (X)0.500.600.811.090.61
Inventory Turnover Ratio (X)2.142.682.571.830.00
Dividend Payout Ratio (NP) (%)2010.5825.7923.677.4470.87
Dividend Payout Ratio (CP) (%)28.8913.3117.965.4738.70
Earning Retention Ratio (%)-1910.5874.2176.3392.5629.13
Cash Earning Retention Ratio (%)71.1186.6982.0494.5361.30
Interest Coverage Ratio (X)2.696.6918.1515.776.63
Interest Coverage Ratio (Post Tax) (X)1.023.5411.249.633.83
Enterprise Value (Cr.)1416.35948.141154.30763.46437.77
EV / Net Operating Revenue (X)0.920.570.810.660.41
EV / EBITDA (X)14.376.355.503.783.79
MarketCap / Net Operating Revenue (X)0.600.350.710.680.20
Retention Ratios (%)-1910.5874.2076.3292.5529.12
Price / BV (X)1.220.761.391.250.42
Price / Net Operating Revenue (X)0.600.350.710.680.20
EarningsYield0.000.090.110.140.22

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Visaka Industries Ltd as of November 14, 2024 is: 4.30

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 14, 2024, Visaka Industries Ltd is Overvalued by 95.30% compared to the current share price 91.50

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Visaka Industries Ltd as of November 14, 2024 is: 1.54

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 14, 2024, Visaka Industries Ltd is Overvalued by 98.32% compared to the current share price 91.50

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -64.11%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (507.54 cr) compared to borrowings (296.62 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (213.77 cr) and profit (68.08 cr) over the years.
  1. The stock has a low average ROCE of 13.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 92.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 164.08, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Visaka Industries Ltd:
    1. Net Profit Margin: 0.05%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.05% (Industry Average ROCE: 8.98%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 0.11% (Industry Average ROE: 17.83%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.02
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.5
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 21.5)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.7
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Visaka Industries Ltd. is a Public Limited Listed company incorporated on 18/06/1981 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L52520TG1981PLC003072 and registration number is 003072. Currently Company is involved in the business activities of Manufacture of other cement and asbestos cement products. Company’s Total Operating Revenue is Rs. 1415.78 Cr. and Equity Capital is Rs. 17.32 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Cement ProductsSurvey No. 315, Yelumala Village, R.C. Puram Mandal, Sangareddy Dist. Telangana 502300investor.relations@visaka.in
http://www.visaka.co
Management
NamePosition Held
Dr. Vivek Venkatswamy GaddamChairman
Mrs. G Saroja VivekanandManaging Director
Mr. G Vamsi KrishnaJoint Managing Director
Mr. J P RaoWhole Time Director
Mr. P Srikar ReddyIndependent Director
Mr. G Appnender BabuIndependent Director
Mrs. Vanitha DatlaIndependent Director

FAQ

What is the latest intrinsic value of Visaka Industries Ltd?

The latest intrinsic value of Visaka Industries Ltd as on 14 November 2024 is ₹4.30, which is 95.30% lower than the current market price of ₹91.50.

What is the Market Cap of Visaka Industries Ltd?

The Market Cap of Visaka Industries Ltd is 789 Cr..

What is the current Stock Price of Visaka Industries Ltd as on 14 November 2024?

The current stock price of Visaka Industries Ltd as on 14 November 2024 is ₹91.5.

What is the High / Low of Visaka Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Visaka Industries Ltd stocks is 178/81.4.

What is the Stock P/E of Visaka Industries Ltd?

The Stock P/E of Visaka Industries Ltd is .

What is the Book Value of Visaka Industries Ltd?

The Book Value of Visaka Industries Ltd is 86.4.

What is the Dividend Yield of Visaka Industries Ltd?

The Dividend Yield of Visaka Industries Ltd is 0.54 %.

What is the ROCE of Visaka Industries Ltd?

The ROCE of Visaka Industries Ltd is 3.33 %.

What is the ROE of Visaka Industries Ltd?

The ROE of Visaka Industries Ltd is 0.33 %.

What is the Face Value of Visaka Industries Ltd?

The Face Value of Visaka Industries Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Visaka Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE