Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Actions
Audit Opinion:
M/s. Price Waterhouse & Co Chartered Accountants LLP issued audit reports with an unmodified opinion on both Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Revenue from Operations: ₹58,885.00 (Q1 FY27) vs ₹50,518.14 (Q1 FY26) - 16.6% YoY increase
Total Income: ₹59,086.47 (Q1 FY27) vs ₹50,687.63 (Q1 FY26)
Net Profit: ₹5,002.88 (Q1 FY27) vs ₹3,342.75 (Q1 FY26 after adjusting for exceptional items) - 49.7% YoY increase
EPS: ₹5.79 (Basic and Diluted) vs ₹3.87 (Q1 FY26 after adjusting for exceptional items)
Consolidated Results:
Revenue from Operations: ₹59,007.10 (Q1 FY27) vs ₹50,552.77 (Q1 FY26) - 16.7% YoY increase
Total Income: ₹59,185.00 (Q1 FY27) vs ₹50,703.64 (Q1 FY26)
Net Profit: ₹5,267.95 (Q1 FY27) vs ₹3,539.88 (Q1 FY26 after adjusting for exceptional items) - 48.8% YoY increase
EPS: ₹6.10 (Basic and Diluted) vs ₹4.10 (Q1 FY26 after adjusting for exceptional items)
Segment-wise Performance [₹ in Lakhs]:
Standalone Segment Revenue:
Building Products: ₹51,821.38 (Q1 FY27) vs ₹43,669.08 (Q1 FY26) - 18.7% YoY growth
Synthetic Yarn: ₹7,063.62 (Q1 FY27) vs ₹6,849.06 (Q1 FY26) - 3.1% YoY growth
Standalone Segment Profit before tax and interest:
Building Products: ₹8,553.69 (Q1 FY27) vs ₹4,748.64 (Q1 FY26) - 80.1% YoY increase
Synthetic Yarn: ₹258.27 (Q1 FY27) vs ₹128.71 (Q1 FY26) - 100.7% YoY increase
Consolidated Segment Revenue:
Building Products: ₹51,941.31 (Q1 FY27) vs ₹43,697.43 (Q1 FY26)
Synthetic Yarn: ₹7,063.62 (Q1 FY27) vs ₹6,849.06 (Q1 FY26)
Others: ₹2.17 (Q1 FY27) vs ₹6.28 (Q1 FY26)
Corporate Actions:
Dividend Declaration: Interim dividend of ₹1 per share (50%) on equity shares of ₹2 each for FY 2026-27
Record Date: August 13, 2026 for determining members entitled to receive interim dividend
Expansion / Capex:
1. Fibre Cement Boards and Calcium Silicate Boards Plant: Approved capacity expansion of 72,000 MT per annum at Tonk, Rajasthan
- Estimated Investment: ₹175 Crore
- Financing: Partly by internal accruals and partly by borrowings
- Expected Commercial Production: December 2027
- Rationale: Support long-term business growth, improve market competitiveness, and improve profitability and ROCE
2. Construction Chemical Line: Approved setting up manufacturing line at Tumkur, Karnataka
- Estimated Investment: ₹10 Crore
- Rationale: Offers significant strategic synergies with existing product portfolio
Exceptional Items:
The company had exceptional items in previous periods from sale of assets:
- June 2025 quarter: ₹3,674.30 lakhs profit from sale of land in Ahmedabad, Gujarat
- March 2026 quarter: ₹2,296.03 lakhs profit from sale of land and building in Kanchipuram, Tamil Nadu
No exceptional items were recorded in Q1 FY27.
Entities in Consolidation:
The consolidated results include:
- Visaka Industries Limited (Holding Company)
- Visaka Green Private Limited (Subsidiary)
- Atum Life Private Limited (Subsidiary)
The subsidiaries contributed total revenues of ₹169.16 Lakhs and total net loss after tax of ₹25.53 Lakhs for Q1 FY27.