October 18, 2017 5:23 PM 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 materials. The company also provides non-asbestos fiber cement boards and panels, including V-Board, V-Premium, V-Designer, V-Plank, and V-Panel products. It markets its building products through a network of retailers, as well as directly to governmental entities, various industries, and poult...

Visaka Towers

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

Secunderabad,  500003


Founded in 1981

1,877 Employees


91 40 2781 3833


91 40 2789 1833

Key Executives for Visaka Industries Limited

MD & Executive Director
Age: 52
Total Annual Compensation: 6.5M
Joint MD & Whole-Time Director
Total Annual Compensation: 2.7M
CFO & Whole-Time Director
Age: 60
Total Annual Compensation: 5.3M
President of Marketing - AC Sheets Division & Whole-Time Director
Age: 58
Total Annual Compensation: 5.0M
Assistant VP of Corporate Affairs, Compliance Officer & Company Secretary
Total Annual Compensation: 2.0M
Compensation as of Fiscal Year 2017.

Visaka Industries Limited Key Developments

Visaka Industries Limited Launches New Roofing Product Called ATUM

Visaka Industries Limited has launched a new roofing product called 'ATUM' a new age eco-friendly, energy efficient & energy generating roof. It is an integrated solar roofing system that serves as roof and also generates energy (a hybrid product).

Visaka Industries Limited - Shareholder/Analyst Call

Visaka Industries Limited - Shareholder/Analyst Call

Visaka Industries Limited Announces Audited Earnings Results for the First Quarter Ended June 30, 2017

Visaka Industries Limited announced audited earnings results for the first quarter ended June 30, 2017. For the quarter, the company announced total revenue from operations were INR 3,407.201 million compared to INR 3,401.006 million for the same period a year ago. Total income was INR 3,423.086 million compared to INR 3,428.830 million for the same period a year ago. Profit before exceptional item and tax was INR 352.859 million against INR 257.726 million for the same period a year ago. Profit before tax was INR 352.859 million compared to INR 257.726 million for the same period a year ago. Profit for the period after tax was INR 229.588 million compared to INR 166.773 million for the same period a year ago. Basic and diluted earnings per share were INR 14.46 compared to INR 10.50 for the same period a year ago. EBITDA was INR 483.05 million. EBIT was INR 392.58 million. ROE was 5.70%.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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