Visaka Industries Ltd.

Manufacturer of asbestos and non-asbestos building materials and synthetic yarns, with global exports.

1981 | Hyderabad, Telangana (India) | Active
Last Updated:

Visaka Industries Profile

Key Indicators

  • Authorised Capital ₹ 155.00 Cr
  • Paid Up Capital ₹ 17.28 Cr
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 560.01 Cr
  • Satisfied Charges ₹ 517.91 Cr
  • Revenue Growth 16.27%
  • Profit Growth -53.77%
  • Ebitda -30.43%
  • Net Worth 5.54%
  • Total Assets 23.72%

About Visaka Industries

Visaka Industries Ltd. (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 June 1981 and has a history of 43 years and eight months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509055 and on the National Stock Exchange(NSE) under VISAKAIND.

The Corporate was formerly known as Visaka Asbestos Cement Products Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 155.00 Cr and a paid-up capital of Rs 17.28 Cr.

The company currently has active open charges totaling ₹560.01 Cr. The company has closed loans amounting to ₹517.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Visaka Industries Ltd. India are Kunapuli Ramakanth as COMPANY SECRETARY and Shafiulla Singanamala as Cfo. Srikar Reddy, Vivek Gaddam, Saroja Gaddam, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    visaka.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52520TG1981PLC003072

  • Company No.

    003072

  • Stock Symbol

    BSE : 509055 NSE : VISAKAIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 1981

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Visaka Industries Ltd. offer?

Visaka Industries Ltd. offers a wide range of products and services, including Interior Designers, Roofing Sheets, Cement Roofing Sheets, Kitchen Cabinets, Wooden Kitchen Cabinets, Yarn, Wall Partitions And Door Partitions, Wall Partition, Roof Tiles, Clay Roof Tile.

Who are the key members and board of directors at Visaka Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Saroja Gaddam Country flag representing In Managing Director25-May-2006Current
Kunapuli Ramakanth Country flag representing In Company Secretary21-Jan-2022Current
Shafiulla Singanamala Country flag representing In CFO09-Sep-2020Current

Board Members (9)

NameDesignationAppointment DateStatus
Vanitha Datla Country flag representing In Director 26-May-2020Current
Gaddam Vamsi Country flag representing In Whole-Time Director 01-Jun-2014Current
Gusti Noria Country flag representing In Director 29-Jul-2005Current
Srikar Reddy Country flag representing In Director 06-Sep-2014Current
Vivek Gaddam Country flag representing In Director 01-Apr-2005Current
Gogineni Babu Country flag representing In Director 12-Aug-2019Current

Financial Performance of Visaka Industries.

Visaka Industries Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 16.27% increase. The company also saw a substantial fall in profitability, with a 53.77% decrease in profit. The company's net worth moved up by a moderate rise of 5.54%.

Visaka Industries revenue growth over time
Visaka Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.27%
Revenue from Operations
16.30%
Total Assets
23.72%
Profit or Loss
-53.77%
Net Worth
5.54%
EBITDA
-30.43%

What is the Ownership and Shareholding Structure of Visaka Industries?

In 2023, Visaka Industries had a promoter holding of 48.42% and a public holding of 51.59%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹560.01 Cr

Satisfied Charges

₹517.91 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 243.04 Cr
  • Others : 135.73 Cr
  • Idbi Bank Limited : 90.00 Cr
  • Hdfc Bank Limited : 75.00 Cr
  • The Pradeshiya Industrial And Investment Corporation Of Uttar Pradesh Limited : 8.14 Cr
  • Others : 8.10 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2024Others₹11.50 CrOpen
28 Jun 2023Idbi Bank Limited₹90.00 CrOpen
04 Mar 2023Others₹8.13 CrOpen
20 Sep 2022Others₹75.00 CrOpen
29 Aug 2022Hdfc Bank Limited₹75.00 CrOpen

How Many Employees Work at Visaka Industries?

Visaka Industries has a workforce of 1797 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Visaka Industries Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Visaka Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Visaka Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Visaka Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 11.50 Cr registered on 10 Jul 2024 with Charge ID 100947451 was modified on 05 Aug 2024.

  • Annual General Meeting

    Visaka Industries Ltd. last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 11.50 Cr with Charge ID 100947451 was registered on 10 Jul 2024.

  • Director Appointment

    Sanjay Vijay Singh Jesrani was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 12 days .

  • Director Appointment

    Pravin Chelluri was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 12 days .

  • Balance Sheet

    Visaka Industries Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Visaka Industries Ltd.?

    Visaka Industries Ltd. was incorporated on 18 Jun 1981.

  • What is authorized share capital and paid-up capital of Visaka Industries Ltd.?

    The authorized share capital of Visaka Industries Ltd. is ₹ 155.00 Cr and paid-up capital is ₹ 17.28 Cr.

  • Who are the current board members & directors of Visaka Industries Ltd.?

    Currently 12 directors are associated with Visaka Industries Ltd..

    • Srikar Palem Reddy
    • Vivek Venkatswamy Gaddam
    • Saroja Gaddam
    • Gusti Jall Noria
    • Gogineni Appnender Babu
    • Vanitha Datla
    • Sanjay Vijay Singh Jesrani
    • Gaddam Krishna Vamsi
    • Joginapalli Pruthvidhar Rao
    • Pravin Chelluri
    • Kunapuli Ramakanth
    • Shafiulla Singanamala

  • What is the registered address of Visaka Industries Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Visaka Industries Ltd. is 1-8-303/69/3 Visaka Tower, S.P.Road India, Secunderabad, Telangana, 500003.

  • What is the corporate identification number (CIN) and company number of Visaka Industries Ltd.?

    The corporate identification number (CIN) of Visaka Industries Ltd. is L52520TG1981PLC003072 and the company number is 003072 as per Ministry of Corporate Affairs (MCA).

  • Is Visaka Industries Ltd. registered with any stock exchange in India?

    Yes, Visaka Industries Ltd. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VISAKAIND.

  • What is the official website of Visaka Industries Ltd.?

    The Official website of Visaka Industries Ltd. is https://www.visaka.co

  • What has been the recent revenue trend for Visaka Industries Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Visaka Industries Ltd. has risen by 16.27%.

  • How many employees does Visaka Industries Ltd. currently have?

    As Per 2023 financial reports, 1797 employees are currently employed by Visaka Industries Ltd..

  • What change has been observed in the net worth of Visaka Industries Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Visaka Industries Ltd. has experienced an upsurge of 5.54%.

  • What are the total open charges for Visaka Industries Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Visaka Industries Ltd. amount to ₹ 560.01 Cr.

  • When was the last Balance Sheet of Visaka Industries Ltd. filed with the ROC?

    The most recent Balance Sheet for Visaka Industries Ltd. was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Construction Materials