Visaka Industries Profile
Key Indicators
- Authorised Capital ₹ 155.00 Cr
- Paid Up Capital ₹ 17.28 Cr
- Company Age 43 Year, 7 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 seven 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
- Social Media
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saroja Gaddam  | Managing Director | 25-May-2006 | Current |
| Kunapuli Ramakanth | Company Secretary | 21-Jan-2022 | Current |
| Shafiulla Singanamala | CFO | 09-Sep-2020 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vanitha Datla | Director | 26-May-2020 | Current |
| Gaddam Vamsi | Whole-Time Director | 01-Jun-2014 | Current |
| Gusti Noria | Director | 29-Jul-2005 | Current |
| Srikar Reddy | Director | 06-Sep-2014 | Current |
| Vivek Gaddam | Director | 01-Apr-2005 | Current |
| Gogineni Babu | Director | 12-Aug-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Zen Technologies LimitedSanjay Jesrani is a mutual person
Estelle India Private LimitedVivek Gaddam is a mutual person
Eliscription Private LimitedVanitha Datla is a mutual person
Elico Healthcare Services LimitedVanitha Datla is a mutual person
Srinivasa Farms Private LimitedVanitha Datla is a mutual person
Unimed Health Care Private LimitedSanjay Jesrani is a mutual person
Charges (Loans)
₹560.01 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2024 | Others | ₹11.50 Cr | Open |
| 28 Jun 2023 | Idbi Bank Limited | ₹90.00 Cr | Open |
| 04 Mar 2023 | Others | ₹8.13 Cr | Open |
| 20 Sep 2022 | Others | ₹75.00 Cr | Open |
| 29 Aug 2022 | Hdfc Bank Limited | ₹75.00 Cr | Open |
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.
Deals i
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
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
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.
