Visaka Industries Ltd

Q3 FY21Cement & Cement Products

Visaka Industries Q3 FY21 earnings call: Revenue & Margins

Q3 FY21 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 Q3 FY21 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

Q3FY21 revenue: ₹2,807 mn, a 16.3% year-on-year (YoY) increase (Page 22, 23) - Building Products segment revenue in Q3FY21: ₹2,358 mn, up 25.1% YoY (Page 22) - Spinning segment revenue in Q3FY21: ₹449 Q3FY21 EBITDA: ₹440 million, up 92.8% YoY; EBITDA margin: 15.7% (630 bps increase YoY) - Q3FY21 Operating (EBIT) margin: 12.1% (from ₹339 million EBIT); EBIT was ₹339 million, up 165.0% YoY - Q3FY

From Visaka Industries Ltd's Q3 FY21 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q3FY21 revenue: ₹2,807 mn, a 16.3% year-on-year (YoY) increase (Page 22, 23)
Building Products segment revenue in Q3FY21: ₹2,358 mn, up 25.1% YoY (Page 22)
Spinning segment revenue in Q3FY21: ₹449 mn, down 15.2% YoY (Page 22)
Volume—Building Products sales in Q3FY21: 197,846 MT, up 13.2% YoY (Page 22)
Volume—Spinning sales in Q3FY21: 2,429 MT, down 10.4% YoY (Page 22)
Management outlook: Bullish stance on Building Products segment and optimistic on Synthetic Yarn segment (Page 28)

2 more points management made on revenue & sales performance

Profitability & Margins

Q3FY21 EBITDA: ₹440 million, up 92.8% YoY; EBITDA margin: 15.7% (630 bps increase YoY)
Q3FY21 Operating (EBIT) margin: 12.1% (from ₹339 million EBIT); EBIT was ₹339 million, up 165.0% YoY
Q3FY21 Profit After Tax (PAT): ₹230 million, up 274.8% YoY; PAT margin: 8.2% (from quarterly PAT and revenue)
Q3FY21 Income from operations: ₹2,807 million, up 16.3% YoY

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 does not explicitly detail specific capex amounts, capacity expansions, new plants, or project timelines. However, some relevant operational data and capacity changes include: - Building Products installed capacity increased from 931,750 MT in FY18 to 991,750 MT in 9MFY21, suggesting capacity expansion. - ATUM (Solar Panels) installed capacity steady at 30,000 KW over FY18-9MFY21. - Synthetic Yarn’s spinning positions capacity stable at 2,752 over the same period.

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 investor presentation does not explicitly mention any fundraising through debt or equity in the periods covered.
Total debt to equity ratio shows a decreasing trend from 1.02x in FY16 to 0.60x in FY20, indicating some reduction or stabilization in borrowings.
Interest expenses have generally decreased, with financial charges dropping from ₹220.3 mn in FY15 to ₹174.1 mn in FY20 and further to ₹27 mn in Q3FY21.
Quarterly data shows interest expenses declining from ₹43 mn in Q3FY20 to ₹27 mn in Q3FY21.

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 figures or details related to order book, order inflow, or pending orders. The document focuses mainly on financial results, operational performance, market shares, quarterly and annual revenues and profits, capacity utilization, segment performance, and management commentary, but no direct information on order book or pending orders is provided.

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.

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What Visaka Industries Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Visaka Industries Ltd Q3 FY21 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?

The presentation does not explicitly detail specific capex amounts, capacity expansions, new plants, or project timelines.

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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.