February 28, 2017 6:05 AM ET

Construction Materials

Company Overview of Visaka Industries Limited

Company Overview

Visaka Industries Limited manufactures and sells corrugated cement fiber sheets in India. The company operates in two segments, Building Products and Textile Synthetic Yarn. It offers asbestos sheets; and accessories, such as close fitting adjustable ridges, apron pieces, north light ridges, barge boards, north light curves, serrated adjustable ridges, roof lights, and ridge finials for use as roofing material. The company also provides non-asbestos fiber cement sheets, including V-Boards and V-Panels for use in false ceilings, wall partitions and paneling, door panels, mezzanine flooring, back liners, prefabricated buildings, duct covering, and roofing substrate tiles, as well as wardrobes,...

Visaka Towers

1-8-303/69/3, S.P. Road

Secunderabad,  500003

India

Founded in 1981

1,797 Employees

Phone:

91 40 2781 3833

Fax:

91 40 2789 1833

Key Executives for Visaka Industries Limited

Managing Director, Executive Director, Member of Audit Committee, Member of CSR Committee and Member of Stakeholders' Relationship Committee
Age: 51
Total Annual Compensation: 6.5M
Chief Financial Officer, Whole-Time Director and Member of Risk Management Committee
Age: 59
Total Annual Compensation: 5.0M
President of Marketing - AC Sheets Division and Whole-Time Director
Age: 57
Total Annual Compensation: 4.0M
Chief Business Strategist, Whole-Time Director and Member of Risk Management Committee
Total Annual Compensation: 2.7M
Assistant Vice President of Corporate Affairs, Compliance Officer and Company Secretary
Total Annual Compensation: 1.8M
Compensation as of Fiscal Year 2016.

Visaka Industries Limited Key Developments

Visaka Industries Limited Announces Audited Standalone Earnings Results for the Third Quarter and First Nine Months Ended December 31, 2016

Visaka Industries Limited announced audited standalone earnings results for the third quarter and first nine months ended December 31, 2016. For the quarter, the company announced net sales or income from operations, net of excise duty was INR 2,009.745 million compared to INR 2,082.735 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 128.632 million compared to INR 75.009 million a year ago. Profit from ordinary activities before tax was INR 85.809 million compared to INR 22.277 million a year ago. Net profit was INR 53.940 million or INR 3.40 per basic and diluted share for before and after extraordinary items compared to INR 11.089 million or INR 0.70 per basic and diluted share for before and after extraordinary items a year ago. For the first nine months, the company announced net sales or income from operations, net of excise duty was INR 7,039.833 million compared to INR 7,156.588 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 594.677 million compared to INR 396.048 million a year ago. Profit from ordinary activities before tax was INR 497.517 million compared to INR 258.694 million a year ago. Net profit was INR 307.993 million or INR 19.39 per basic and diluted share for before and after extraordinary items compared to INR 155.070 million or INR 9.76 per basic and diluted share for before and after extraordinary items a year ago.

Visaka Industries Limited, Q3 2017 Earnings Call, Feb 14, 2017

Visaka Industries Limited, Q3 2017 Earnings Call, Feb 14, 2017

Visaka Industries Limited to Report Q3, 2017 Results on Feb 13, 2017

Visaka Industries Limited announced that they will report Q3, 2017 results on Feb 13, 2017

Similar Private Companies By Industry

Company Name Region
Ahlcon Ready Mix Concrete Pvt Ltd. Asia
Apex Cement Pvt Ltd. Asia
Aqua Infra Projects Ltd. Asia
Bajrang Marbles Pvt. Ltd. Asia
Bhavya Cements Limited Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Visaka Industries Limited, please visit www.visaka.in. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.