Cash flow Visaka Industries Limited

Equities

VISAKAIND

INE392A01021

Construction Materials

Market Closed - Bombay S.E. Other stock markets 06:00:55 2024-09-13 am EDT			5-day change	1st Jan Change
110.15 ^INR	+1.90%		+0.18%	+27.28%

Aug. 12	Visaka Industries Limited Reports Earnings Results for the First Quarter Ended June 30, 2024	CI
Jul. 15	Visaka Industries Limited Approves Shifting of Registered Office	CI

2d77ea1183cf5d2d328a963b4ad5.W9pSRuN74DNpJw0dvE2el-LyGYNuwH_iXa210kZzsV0.K-gEC7ZDjWE9dX1fywPW-9Krd9VWpC61L_zsgjUs6Tgsvn82rjWNAitNQA

Published financial data: VISAKA INDUSTRIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	10.5B	11.47B	14.16B	16.53B	15.27B
Other Revenues, Total	-	-	-	-	-
Total Revenues	10.5B	11.47B	14.16B	16.53B	15.27B
Cost of Goods Sold, Total	5.22B	5.32B	6.84B	9.02B	8.41B
Gross Profit	5.28B	6.14B	7.32B	7.51B	6.86B
Selling General & Admin Expenses, Total	1.35B	1.51B	1.62B	1.75B	1.72B
Provision for Bad Debts	3.84M	4.17M	4.87M	3.5M	1.41M
Depreciation & Amortization - (IS)	410M	400M	376M	502M	589M
Other Operating Expenses	2.81B	2.7B	3.7B	4.38B	4.26B
Other Operating Expenses, Total	4.57B	4.61B	5.7B	6.63B	6.57B
Operating Income	707M	1.53B	1.62B	879M	288M
Interest Expense, Total	-168M	-124M	-106M	-216M	-365M
Interest And Investment Income	14.36M	31.77M	30.71M	57.98M	56.03M
Net Interest Expenses	-153M	-91.96M	-75.56M	-158M	-309M
Currency Exchange Gains (Loss)	-27.19M	5.2M	7.35M	26.21M	971K
Other Non Operating Income (Expenses)	38.97M	41.41M	51.62M	35.35M	45.24M
EBT, Excl. Unusual Items	566M	1.49B	1.6B	783M	26.08M
Restructuring Charges	-	-	-	-32.06M	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1.74M	1.27M	3.18M	-18.88M	170K
Asset Writedown	-935K	-1.01M	-861K	-1.02M	-869K
Insurance Settlements	4.81M	7M	3.85M	4.8M	4.55M
EBT, Incl. Unusual Items	571M	1.49B	1.61B	736M	29.93M
Income Tax Expense	78.22M	386M	423M	200M	21.34M
Earnings From Continuing Operations	493M	1.11B	1.18B	536M	8.6M
Net Income to Company	493M	1.11B	1.18B	536M	8.6M
Net Income - (IS)	493M	1.11B	1.18B	536M	8.6M
Net Income to Common Incl Extra Items	493M	1.11B	1.18B	536M	8.6M
Net Income to Common Excl. Extra Items	493M	1.11B	1.18B	536M	8.6M
Per Share Items
Net EPS - Basic	6.21	13.69	14.23	6.2	0.1
Basic EPS - Continuing Operations	6.21	13.69	14.23	6.2	0.1
Basic Weighted Average Shares Outstanding	79.4M	80.8M	83.16M	86.4M	86.4M
Net EPS - Diluted	6.21	13.53	13.88	6.2	0.1
Diluted EPS - Continuing Operations	6.21	13.53	13.88	6.2	0.1
Diluted Weighted Average Shares Outstanding	79.4M	81.8M	85.22M	86.4M	86.4M
Normalized Basic EPS	4.45	11.49	12.02	5.66	0.19
Normalized Diluted EPS	4.45	11.35	11.73	5.66	0.19
Dividend Per Share	3	3	3	2	0.5
Payout Ratio	84.82	7.51	23.6	25.71	2.01K
Supplemental Items
EBITDA	1.11B	1.93B	1.99B	1.38B	870M
EBITA	707M	1.53B	1.62B	879M	288M
EBIT	707M	1.53B	1.62B	879M	288M
EBITDAR	1.16B	1.97B	2.04B	1.44B	932M
Total Revenues (As Reported)	10.57B	11.55B	14.26B	16.64B	15.37B
Effective Tax Rate - (Ratio)	13.69	25.87	26.32	27.17	71.28
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	137M	401M	421M	194M	16.36M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-58.39M	-14.74M	1.26M	5.51M	4.97M
Normalized Net Income	353M	928M	1B	489M	16.3M
Interest on Long-Term Debt	-	-	-	170K	3.34M
Non-Cash Pension Expense	-1.7M	-876K	-813K	-386K	898K
Supplemental Operating Expense Items
Advertising Expense	143M	271M	248M	326M	323M
Selling and Marketing Expenses	143M	271M	248M	326M	323M
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	44.84M	38.14M	47.03M	54.8M	62.52M
Imputed Operating Lease Interest Expense	23.63M	19.96M	28.29M	34.16M	39.43M
Imputed Operating Lease Depreciation	21.2M	18.19M	18.74M	20.64M	23.09M
Maintenance & Repair Expenses, Total	92.6M	80.94M	134M	165M	118M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	163M	1.11B	242M	283M	354M
Short Term Investments	-	25M	500K	525K	1.65M
Total Cash And Short Term Investments	163M	1.14B	243M	284M	355M
Accounts Receivable, Total	1.4B	1.05B	1.33B	1.37B	1.41B
Other Receivables	218M	112M	83.88M	56.74M	256M
Notes Receivable	-	-	302M	250M	-
Total Receivables	1.62B	1.16B	1.72B	1.68B	1.66B
Inventory	3.04B	2.49B	2.94B	3.81B	4.26B
Prepaid Expenses	14.88M	20.11M	31.28M	43.29M	38.21M
Other Current Assets, Total	301M	223M	567M	548M	578M
Total Current Assets	5.14B	5.03B	5.5B	6.37B	6.9B
Gross Property Plant And Equipment	5.58B	5.83B	7.29B	9.25B	11.03B
Accumulated Depreciation	-1.43B	-1.81B	-2.18B	-2.67B	-3.25B
Net Property Plant And Equipment	4.15B	4.01B	5.1B	6.58B	7.78B
Long-term Investments	-	6.11M	-	-	-
Other Intangibles, Total	-	0	0	1.1M	845K
Accounts Receivable Long-Term	-	-	132K	-	-
Other Long-Term Assets, Total	151M	436M	489M	755M	271M
Total Assets	9.44B	9.49B	11.09B	13.7B	14.94B
Liabilities
Accounts Payable, Total	864M	929M	861M	932M	903M
Accrued Expenses, Total	265M	455M	468M	450M	394M
Short-term Borrowings	1.56B	202M	819M	1.82B	2.67B
Current Portion of Long-Term Debt	209M	188M	362M	418M	603M
Current Portion of Leases	-	-	-	-	7.1M
Current Income Taxes Payable	-	25.78M	27.22M	-	-
Other Current Liabilities	483M	526M	611M	600M	606M
Total Current Liabilities	3.38B	2.33B	3.15B	4.22B	5.18B
Long-Term Debt	857M	765M	490M	1.64B	2.07B
Long-Term Leases	-	-	-	-	27.68M
Deferred Tax Liability Non Current	142M	127M	128M	134M	139M
Other Non Current Liabilities	2.17M	1.37M	1.23M	31K	81K
Total Liabilities	4.39B	3.22B	3.77B	5.99B	7.42B
Common Stock, Total	159M	165M	173M	173M	173M
Additional Paid In Capital	490M	629M	814M	814M	814M
Retained Earnings	4.4B	5.43B	6.33B	6.73B	6.54B
Comprehensive Income and Other	397K	48.6M	397K	397K	397K
Total Common Equity	5.05B	6.27B	7.32B	7.71B	7.53B
Total Equity	5.05B	6.27B	7.32B	7.71B	7.53B
Total Liabilities And Equity	9.44B	9.49B	11.09B	13.7B	14.94B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	79.4M	82.4M	86.4M	86.4M	86.4M
ECS Total Common Shares Outstanding	79.4M	82.4M	86.4M	86.4M	86.4M
Book Value / Share	63.6	76.08	84.73	89.29	87.1
Tangible Book Value	5.05B	6.27B	7.32B	7.71B	7.52B
Tangible Book Value Per Share	63.6	76.08	84.73	89.28	87.09
Total Debt	2.63B	1.15B	1.67B	3.87B	5.38B
Net Debt	2.47B	19.13M	1.43B	3.59B	5.02B
Debt Equivalent of Unfunded Proj. Benefit Obligation	17.7M	-1.77M	20.86M	26.36M	58.37M
Debt Equivalent Oper. Leases	359M	305M	376M	438M	500M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1.61B	1.22B	1.31B	1.89B	1.87B
Inventories - Work In Process, Total	92.89M	285M	309M	395M	321M
Inventories - Finished Goods, Total	1.23B	885M	1.18B	1.38B	1.93B
Inventories - Others	99.8M	102M	143M	151M	145M
Land - (BS)	887M	941M	956M	1.8B	1.81B
Buildings, Total	2.4B	2.46B	2.82B	3.2B	3.93B
Machinery, Total	2.19B	2.38B	3.01B	3.88B	4.95B
Full Time Employees	2.04K	1.9K	1.97K	1.96K	1.94K
Assets under Capital Lease - Gross	8.03M	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-8.03M	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	50.56M	57.92M	57.2M	67.94M	80.01M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	493M	1.11B	1.18B	536M	8.6M
Depreciation & Amortization - CF	406M	400M	376M	502M	589M
Depreciation & Amortization, Total	406M	400M	376M	502M	589M
Amortization of Deferred Charges, Total - (CF)	3.85M	-	-	195K	260K
(Gain) Loss From Sale Of Asset	-1.74M	-1.27M	-3.18M	18.88M	-170K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	935K	1.01M	861K	1.02M	869K
Provision and Write-off of Bad Debts	13.87M	11.54M	4.16M	14.24M	13.48M
Other Operating Activities, Total	23.17M	136M	53.29M	99.14M	223M
Change In Accounts Receivable	139M	337M	-287M	-46.08M	-42.98M
Change In Inventories	-315M	547M	-445M	-877M	-445M
Change In Accounts Payable	71.88M	77.12M	-68.07M	71.07M	-28.7M
Change in Other Net Operating Assets	-94.44M	329M	-272M	-26.54M	-286M
Cash from Operations	740M	2.94B	542M	293M	32.46M
Capital Expenditure	-388M	-543M	-1.46B	-2.28B	-1.19B
Sale of Property, Plant, and Equipment	13.32M	2.59M	4.05M	51.13M	376K
Sale (Purchase) of Intangible assets	-	-	-	-1.3M	-
Investment in Marketable and Equity Securities, Total	-	-27.51M	26.13M	-4.92M	-6.63M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-302M	52.2M	250M
Other Investing Activities, Total	32.14M	30.86M	25.5M	63.69M	54.32M
Cash from Investing	-343M	-537M	-1.71B	-2.12B	-892M
Short Term Debt Issued, Total	131M	172M	837M	1.06B	980M
Long-Term Debt Issued, Total	213M	-	-	1.57B	908M
Total Debt Issued	343M	172M	837M	2.63B	1.89B
Short Term Debt Repaid, Total	-48.43M	-1.53B	-219M	-58.8M	-130M
Long-Term Debt Repaid, Total	-128M	-110M	-100M	-373M	-299M
Total Debt Repaid	-176M	-1.64B	-319M	-432M	-429M
Issuance of Common Stock	-	193M	145M	-	-
Common Dividends Paid	-418M	-83.1M	-279M	-138M	-173M
Common & Preferred Stock Dividends Paid	-418M	-83.1M	-279M	-138M	-173M
Other Financing Activities, Total	-150M	-97.09M	-82.63M	-192M	-357M
Cash from Financing	-401M	-1.46B	300M	1.87B	930M
Net Change in Cash	-3.5M	948M	-868M	40.9M	70.34M
Supplemental Items
Cash Interest Paid	150M	97.09M	79.23M	184M	368M
Cash Income Tax Paid (Refund)	163M	311M	421M	226M	41.96M
Levered Free Cash Flow	154M	2.14B	-1.47B	-2.18B	-1.18B
Unlevered Free Cash Flow	259M	2.21B	-1.4B	-2.04B	-954M
Change In Net Working Capital	204M	-1.4B	1.33B	813M	534M
Net Debt Issued / Repaid	167M	-1.47B	517M	2.2B	1.46B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.73	10.11	9.82	4.43	1.26
Return on Total Capital	5.84	12.67	12.31	5.34	1.47
Return On Equity %	9.81	19.55	17.41	7.13	0.11
Return on Common Equity	9.81	19.55	17.41	7.13	0.11
Margin Analysis
Gross Profit Margin %	50.26	53.57	51.68	45.44	44.93
SG&A Margin	12.83	13.17	11.42	10.6	11.27
EBITDA Margin %	10.6	16.84	14.07	8.35	5.7
EBITA Margin %	6.73	13.35	11.42	5.32	1.89
EBIT Margin %	6.73	13.35	11.42	5.32	1.89
Income From Continuing Operations Margin %	4.69	9.65	8.36	3.24	0.06
Net Income Margin %	4.69	9.65	8.36	3.24	0.06
Net Avail. For Common Margin %	4.69	9.65	8.36	3.24	0.06
Normalized Net Income Margin	3.37	8.1	7.06	2.96	0.11
Levered Free Cash Flow Margin	1.47	18.62	-10.39	-13.18	-7.74
Unlevered Free Cash Flow Margin	2.47	19.3	-9.92	-12.37	-6.25
Asset Turnover
Asset Turnover	1.12	1.21	1.38	1.33	1.07
Fixed Assets Turnover	2.52	2.81	3.11	2.83	2.13
Receivables Turnover (Average Receivables)	7.11	9.35	11.87	12.22	10.98
Inventory Turnover (Average Inventory)	1.81	1.92	2.52	2.67	2.08
Short Term Liquidity
Current Ratio	1.52	2.16	1.75	1.51	1.33
Quick Ratio	0.53	0.99	0.53	0.41	0.39
Operating Cash Flow to Current Liabilities	0.22	1.26	0.17	0.07	0.01
Days Sales Outstanding (Average Receivables)