What we do Visaka Industries Ltd manufactures fibre cement roofing sheets, fibre cement boards, synthetic yarn, and solar panels, serving construction and textiles sectors in India and abroad. |
Founded in 1,981 |
Market share Leading player in India with wide capacity in fibre cement and yarn segments. |
Problem solved Provides durable, eco-friendly building materials and synthetic yarn to meet construction and textile industry needs. |
Top clients or who we serve Builders, construction firms, textile manufacturers; primarily B2B customers across India and global markets. |
Key management - |
Our journey and innovations Started with asbestos cement sheets in 1985, expanded to fibre cement boards, panels, and synthetic yarn; ventured into solar products and sustainability. |
Where we operate India (majority revenue), with exports and operations extending outside India. |
Top products or what we offer Cement roofing sheets, fibre cement boards, synthetic blended yarn, solar panels, and eco-friendly building products. |
Top brands Visaka V-Board - key roofing and fibre cement brand with pan-India reach; synthetic yarn products. |
Raw materials needed Raw materials include cement, fibre, synthetic fibres, and solar panel components. |
Raw materials supplier Suppliers not specified; sourced from chemical and fibre manufacturers. |
Recurring vs cyclical contribution Revenue is cyclical, influenced by construction cycles and textile demand fluctuations. |
Our industry position One of the top Indian manufacturers in fibre cement products and synthetic yarn segments. |
Financial highlights 2023-24 Revenue: ₹1537 Cr; Net loss of ₹3 Cr; EBITDA margin approx 6.5%; faced headwinds due to raw material costs and economic slowdown. |
Geographical revenue split 93% revenue from India, 7% from outside India. |
Order book - |
Whats driving growth Infrastructure spending, urbanization, green building demand, and textile sector growth drive expansion. |
Our future plans Expanding fibre cement board capacity, investing in sustainable solar-roofing products and eco-friendly solutions. |
Our green promise Focus on sustainability with solar products, green EV charging stations, and eco-friendly building materials. |
Our people and values About 1945 employees; culture promotes innovation, employee welfare, and corporate social responsibility. |
Key challenges ahead Raw material price volatility, economic slowdown impacts, and competition from alternative materials. |
Interesting facts Pioneered India's first green EV charging station powered by its own solar roofing panels. |
Risks and strategy Mitigates raw material risk via diversified sourcing; focuses on expanding eco-friendly product portfolio and operational efficiency. |
