Visaka Industries Ltd
NSE:VISAKAIND
| US |
|
Johnson & Johnson
NYSE:JNJ
|
Pharmaceuticals
|
| US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
Financial Services
|
| US |
|
Bank of America Corp
NYSE:BAC
|
Banking
|
| US |
|
Mastercard Inc
NYSE:MA
|
Technology
|
| US |
|
UnitedHealth Group Inc
NYSE:UNH
|
Health Care
|
| US |
|
Exxon Mobil Corp
NYSE:XOM
|
Energy
|
| US |
|
Pfizer Inc
NYSE:PFE
|
Pharmaceuticals
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
Technology
|
| US |
|
Nike Inc
NYSE:NKE
|
Textiles, Apparel & Luxury Goods
|
| US |
|
Visa Inc
NYSE:V
|
Technology
|
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
Retail
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
Banking
|
| US |
|
Coca-Cola Co
NYSE:KO
|
Beverages
|
| US |
|
Walmart Inc
NYSE:WMT
|
Retail
|
| US |
|
Verizon Communications Inc
NYSE:VZ
|
Telecommunication
|
| US |
|
Chevron Corp
NYSE:CVX
|
Energy
|
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
57.09
102.23
|
| Price Target |
|
We'll email you a reminder when the closing price reaches INR.
Choose the stock you wish to monitor with a price alert.
|
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
|
Bank of America Corp
NYSE:BAC
|
US |
|
|
Mastercard Inc
NYSE:MA
|
US |
|
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
|
Pfizer Inc
NYSE:PFE
|
US |
|
|
Palantir Technologies Inc
NYSE:PLTR
|
US |
|
|
Nike Inc
NYSE:NKE
|
US |
|
|
Visa Inc
NYSE:V
|
US |
|
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
|
Coca-Cola Co
NYSE:KO
|
US |
|
|
Walmart Inc
NYSE:WMT
|
US |
|
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
|
Chevron Corp
NYSE:CVX
|
US |
This alert will be permanently deleted.
Visaka Industries Ltd
Visaka Industries Ltd. engages in the manufactures and sales cement asbestos products, textile, and fibre cement flat board products. The company is headquartered in Hyderabad, Telangana and currently employs 1,971 full-time employees. The Company’s operating segments include Building products and Synthetic Yarn. The building products division produces asbestos sheets, solar panels, accessories used mostly as a roofing material, and no asbestos flat sheets and sandwich panels used as interiors. The Synthetic yarn division manufactures Yarn out of blends of polyester, viscose, other materials which go into the weaving of fabric. Its business includes the manufacture of Cement Fibre Roofing products, Fibre Cement Flat boards & Panels, and Man-Made polyester yarn. Its offers various products and services such as Fibre Cement Roofing’s Products, VNext-Boards, Manmade yarn. The Company’s subsidiary include Vnext Solutions Private Limited and Atum Life Private Limited.
Visaka Industries Ltd. engages in the manufactures and sales cement asbestos products, textile, and fibre cement flat board products. The company is headquartered in Hyderabad, Telangana and currently employs 1,971 full-time employees. The Company’s operating segments include Building products and Synthetic Yarn. The building products division produces asbestos sheets, solar panels, accessories used mostly as a roofing material, and no asbestos flat sheets and sandwich panels used as interiors. The Synthetic yarn division manufactures Yarn out of blends of polyester, viscose, other materials which go into the weaving of fabric. Its business includes the manufacture of Cement Fibre Roofing products, Fibre Cement Flat boards & Panels, and Man-Made polyester yarn. Its offers various products and services such as Fibre Cement Roofing’s Products, VNext-Boards, Manmade yarn. The Company’s subsidiary include Vnext Solutions Private Limited and Atum Life Private Limited.
Revenue Decline: Q1 FY24 revenue was INR 447 crores, down from INR 479 crores last year, due to global slowdown and higher input costs.
Margin Pressure: Margins were significantly impacted by a 22–25% rise in chrysotile fibre costs, with selling prices offsetting only 2% of this.
Vnext Growth: Vnext business saw volume growth of 43% YoY and expects 25%+ growth ahead; capacity utilization at 85–90%.
Profit Drop: PAT fell to INR 12 crores from INR 38 crores in the previous quarter, mainly due to raw material cost spikes.
CapEx & Expansion: New 72,000 MT Vnext plant in West Bengal to be operational by September 2023; focus on growing new age businesses.
Stable Roofing Demand: Roofing business maintained high utilization (>100%), but faces margin pressure from raw material inflation.
Debt Outlook: Gross debt stands at INR 410 crores; management expects it to reduce as cash flows improve and CapEx slows.
Guidance: Vnext revenue projected to reach INR 450 crores in FY24 and INR 1,000 crores by FY30; aiming for a 50-50 split between legacy and new businesses by FY25.
