Visaka Industries Limited (VISAKAIND.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+59.5%

₹130.11

vs ₹81.60 price

Levered DCF

₹626.50

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	5.21×	-174.6×	1,122.61×	11.03×	8.25×	6.91×	4.34×	10.01×
P/B	0.54×	0.71×	1.28×	0.76×	1.33×	1.22×	0.42×	1.35×
P/S	0.27×	0.34×	0.63×	0.36×	0.7×	0.67×	0.2×	0.6×
EV / EBITDA	3.51×	9.95×	14.89×	6.51×	5.36×	3.81×	3.99×	5.81×
Gross margin	35.0%	45.2%	36.6%	46.4%	44.5%	47.3%	43.0%	42.6%
Operating margin	4.4%	36.4%	2.1%	5.2%	11.0%	13.7%	6.8%	9.6%
Net margin	5.1%	-0.2%	0.1%	3.2%	8.4%	9.7%	4.7%	6.0%
Current ratio	1.59×	1.34×	1.33×	1.51×	1.75×	2.16×	1.52×	1.5×
Debt / equity	0.37×	0.64×	0.71×	0.5×	0.23×	0.18×	0.52×	0.49×
Interest coverage	2.25×	12.63×	0.88×	3.87×	13.69×	12.79×	4.06×	5.41×
Dividend yield	1.0%	0.9%	1.8%	2.3%	2.9%	1.1%	19.5%	2.0%
Payout ratio	5.2%	-150.0%	2011.4%	25.7%	23.6%	7.5%	84.8%	19.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	10.3%	-0.4%	0.1%	6.9%	16.2%	17.6%	9.8%	13.5%
Return on invested capital	5.2%	45.4%	0.7%	5.4%	12.6%	15.3%	7.9%	9.5%
Return on assets	6.3%	-0.2%	0.1%	3.9%	10.7%	11.7%	5.2%	7.3%
Free cash flow yield	26.6%	15.9%	-12.0%	-33.7%	-9.4%	31.4%	16.4%	3.2%
Earnings yield	19.2%	-0.6%	0.1%	9.1%	12.1%	14.5%	23.0%	10.0%
Enterprise value	₹7.2B	₹9.8B	₹14.7B	₹9.5B	₹11.2B	₹7.7B	₹4.6B	₹9B
Net debt / EBITDA	1.34×	4.63×	5.1×	2.47×	0.68×	0.02×	2.14×	1.48×
Cash conversion cycle (days)	124	166	164	156	143	128	183	162