Visaka Industries Ltd

Q2 FY20Cement & Cement Products

Visaka Industries Q2 FY20 earnings call: Revenue & Margins

Q2 FY20 investor presentation: what the company reported on revenue, margins and projects.

Price₹95

Market cap₹841 Cr

P/E12.5

Updated24 Sept 2026

Read4 min read

Based on Visaka Industries Ltd's Q2 FY20 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q2FY20 Operating Revenue: ₹2,284 mn, down 9.0% YoY from ₹2,510 mn in Q2FY19 (Page 6). For Q2FY20, the presentation reports: - Operating Revenue: ₹2,284 mn (down 9.0% YoY from ₹2,510 mn in Q2FY19) - EBITDA: ₹202.9 mn with a margin of 8.9% (down 460 bps YoY from 13.5% in Q2FY19) - PAT: ₹132 mn (down 5.2% YoY from ₹139 mn in Q2FY19) - EBITDA margin declined significantly by 460 basis points YoY.

From Visaka Industries Ltd's Q2 FY20 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q2FY20 Operating Revenue: ₹2,284 mn, down 9.0% YoY from ₹2,510 mn in Q2FY19 (Page 6).
Q2FY20 Sales Volume (Building Products): 158,859 MT, compared to 176,009 MT in Q2FY19 (Page 12).
Q2FY20 Sales Volume (Synthetic Yarn): 2,683 MT, compared to 2,981 MT in Q2FY19 (Page 12).
Segment EBIT margin for Building Products fell to 4.5% in Q2FY20 from higher levels previously (Page 9).
ATUM (Solar Roofing Product) sales increased 89% QoQ to 456 KW in Q2FY20 (Page 9).

2 more points management made on revenue & sales performance

Profitability & Margins

For Q2FY20, the presentation reports:
Operating Revenue: ₹2,284 mn (down 9.0% YoY from ₹2,510 mn in Q2FY19)
EBITDA: ₹202.9 mn with a margin of 8.9% (down 460 bps YoY from 13.5% in Q2FY19)
PAT: ₹132 mn (down 5.2% YoY from ₹139 mn in Q2FY19)
EBITDA margin declined significantly by 460 basis points YoY.
PAT margin was 5.8% in Q2FY20, slightly higher than 5.6% in Q2FY19, due to tax benefits.

2 more points management made on profitability & margins

See what Visaka Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The presentation provides limited direct details on capex, capacity expansion, or new projects, but includes the following relevant points: - Installed capacity for Building Products increased from 931,750 MT in FY18 to 981,750 MT in FY19, indicating capacity expansion. - ATUM Solar Panels have an installed capacity of 30,000 KW as of FY19, up from zero prior, with production and sales increasing (3,512 KW production and 519 KW sales in FY19). - ATUM solar sales increased sharply in Q2FY20 to 456 KW, up 89% QoQ, indicating commercialization phase.

- The report mentions "REVOLUTIONIZING USE OF ENERGY EFFICIENTLY - ATUM" (page 24), indicating ATUM is a new solar roofing product line, but no explicit capex or timeline for ATUM project is given. - No specific capex amounts, project timelines, or status for new plants/expansions are directly stated in the presentation. Thus, the key expansion highlighted is capacity growth in Building Products and the rollout of the ATUM solar roofing segment.

2 more points management made on capital expenditure plans

Top-ranked in Cement & Cement Products

Ranked on what management guided this quarter

5x potential

1Grasim Inds₹2.2L Cr

Rev 1Mar 3

2BIGBLOC Const.₹567 Cr

Rev 2Mar 1

3₹1.3K Cr

Rev 3Mar 1

4₹3.3L Cr

Rev 3Mar 3

5₹81.3K Cr

Rev 3Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation does not explicitly mention any fundraising through debt or equity during the reported periods.
Balance sheet data (Page 17) shows a decrease in non-current liabilities from ₹1,090.4 mn in FY18 to ₹982.9 mn in FY19.
Debt to equity ratio improved from 0.63x in FY18 to 0.57x in FY19, indicating a reduction in borrowings relative to equity.
Financial charges remained relatively stable (₹182.6 mn in FY18 to ₹199.5 mn in FY19).

2 more points management made on fundraising & capital structure

See what Visaka Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly report any details regarding order book, order inflow, or pending orders. The document primarily provides financial results, operational metrics, market share data, and business segment performance. Specific terms like "order book," "order inflow," or "pending orders" are not mentioned in any section, including quarterly or annual financial summaries or management commentary. Therefore, based strictly on the contents of this presentation, no information on orders is reported.

Visaka Industries Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹480 Cr, net profit ₹40 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Visaka Industries Ltd's management said in earlier quarters

Compare:vs UltraTech Cement Ltd vs Grasim Inds vs Ambuja Cements

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Visaka Industries Ltd Q2 FY20 results?

What is Visaka Industries Ltd share price analysis?

Visaka Industries Ltd currently shows a neutral. The stock trades at a P/E of 12.5 with a market cap of ₹841 Cr. Investors should review the full earnings analysis for detailed insights.

Is Visaka Industries Ltd planning capital expenditure?

Keep Visaka Industries Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.