Company Overview

Visaka Industries Limited submitted its investor presentation for Q1 FY27 (period ending June 30, 2026) to the National Stock Exchange of India Limited (Scrip Code: VISAKAIND) and BSE Limited (Scrip Code: 509055). The submission was made on October 12, 2026, under Reference VILSTEX/FY2027/38, in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation was digitally signed by Ramakanth Kunapuli, Vice President & Company Secretary.

Business Profile

Visaka Industries has 40+ years of manufacturing expertise with leadership positions across building products. The company is India's largest manufacturer of fibre cement boards, #2 in cement roofing sheets, #1 in V-Next boards & panels, #1 in twin air-jet spun yarn, and #1 in integrated solar roofing. The company has 14 plants across India with installed capacities as of Q1 FY27: 8.48 lakh tonnes per annum for cement roofing sheets, 3.56 lakh tonnes per annum for cement fibre boards, and 12,000 tonnes per annum for synthetic yarn.

Operational Highlights

The company has extensive global distribution with presence across 30+ countries, 7,000+ dealers and stockists, and 13 marketing offices. Non-asbestos sheet businesses contributed 47% of FY26 revenue, highlighting the portfolio shift toward newer & cleaner products. The company uses fly ash, waste cotton pulp and recycling of rejects in manufacturing with zero liquid discharge across all plants.

Financial Performance - Q1 FY27

Consolidated Results:

  • Revenue: ₹590.1 Cr (16.7% YoY growth from ₹505.5 Cr in Q1 FY26; 23.0% QoQ growth from ₹479.8 Cr in Q4 FY26)
  • Raw Material: ₹304.1 Cr (9.7% YoY)
  • Gross Profit: ₹286.0 Cr (25.3% YoY)
  • Gross Profit Margin: 48.5% (332 bps improvement YoY from 45.1%)
  • Employee Expenses: ₹42.62 Cr (13.7% YoY)
  • Other Expenses: ₹152.0 Cr (8.9% YoY)
  • EBITDA: ₹91.4 Cr (78.7% YoY from ₹51.1 Cr)
  • EBITDA Margin: 15.5% (537 bps improvement YoY from 10.1%)
  • Other Income: ₹1.8 Cr (17.9% YoY)
  • Depreciation: ₹16.7 Cr (4.5% YoY)
  • EBIT: ₹76.4 Cr (108.6% YoY from ₹36.6 Cr)
  • EBIT Margin: 13.0% (570 bps improvement YoY from 7.2%)
  • Finance Cost: ₹5.8 Cr (-34.8% YoY from ₹8.9 Cr)
  • Exceptional Items: ₹0.0 Cr (compared to ₹36.7 Cr in Q1 FY26)
  • Profit Before Tax: ₹70.6 Cr (9.5% YoY from ₹64.5 Cr)
  • Tax: ₹17.9 Cr (45.5% YoY from ₹12.3 Cr)
  • Profit After Tax: ₹52.7 Cr (1.0% YoY from ₹52.1 Cr)
  • PAT Margin: 8.9% (-139 bps YoY from 10.3%)
  • EPS: ₹6.10 (1.2% YoY from ₹6.03)

Standalone Results:

  • Revenue: ₹588.9 Cr (16.6% YoY growth)
  • EBITDA: ₹88.2 Cr (71.6% YoY growth)
  • EBITDA Margin: 15.0% (480 bps improvement YoY)
  • Profit After Tax: ₹50.0 Cr (-4.5% YoY)
  • EPS: ₹5.79 (-4.5% YoY)

FY26 Annual Performance (Consolidated)

  • Revenue: ₹1,678 Cr (9% up YoY from ₹1,543 Cr in FY25)
  • Gross Profit Margin: 47.5% (230 bps improvement from 45.2% in FY25)
  • EBITDA: ₹139 Cr (40.4% growth from ₹99 Cr in FY25)
  • EBITDA Margin: 8.31% (190 bps improvement from 6.41%)
  • Profit After Tax: ₹85 Cr (significant improvement from ₹-3 Cr loss in FY25)
  • EPS: ₹9.88 (improvement from ₹-0.35)

Balance Sheet Position (Consolidated FY26)

  • Total Assets: ₹1,349 Cr (decreased from ₹1,423 Cr in FY25)
  • Property, Plant & Equipment: ₹684 Cr
  • Inventories: ₹352 Cr
  • Trade Receivables: ₹163 Cr
  • Cash and Cash Equivalents: ₹24 Cr
  • Total Equity: ₹827 Cr (increased from ₹745 Cr)
  • Share Capital: ₹17 Cr (unchanged)
  • Borrowings: ₹303 Cr (₹116 Cr non-current + ₹187 Cr current)
  • Net Debt/Equity: 0.3 (as referenced in business metrics)

Strategic Direction

According to Chairman Dr. G. Vivek Venkatswamy, the company aims to transform from a legacy building-materials company into a diversified, innovative and sustainability-led growth enterprise. The strategy focuses on strengthening core businesses while accelerating shift toward value-added, non-asbestos and technology-led solutions. V-Next will remain a key growth platform, while ATUM is seen as a long-term opportunity to redefine the rooftop as an energy-generating asset.

Management Board

The presentation lists the board of directors including Chairman Dr. G. Vivek Venkatswamy, Managing Director Smt. G. Saroja Vivekanand, Joint Managing Director Shri. G. Vamsi Krishna, and independent directors Shri. G. Appnender Babu, Shri. Gusti J. Noria, Shri. Pravin Chelluri, Smt. Vanitha Datla, and Shri Sanjay Vijay Singh Jesrani.

Investor Relations Contacts

Company contact: Mr. Ramakrishna Pendyala (Email: ramakrishna.pendyala@visaka.in, Mobile: +91 91000 85486). Investor relations contacts: Ms. Garima Singla (Email: garima@goindiaadvisors.com, Mobile: +91 97800 42377) and Ms. Diya Kaswa (Email: diya@goindiaadvisors.com, Mobile: +91 98341 67860).