Synopsis:
Visaka Industries Limited reports 11% YoY revenue growth and a 424% YoY net profit surge in Q1 FY26 results.
This micro-cap stock, engaged in manufacturing and selling cement fiber sheets, fiber cement boards and panels, hybrid solar roofing systems, and synthetic yarns for construction, textiles, and renewable energy applications, hit a 5 percent upper circuit after the company reported June quarterly results with a 424 percent YoY increase in net profit.
With a market capitalization of Rs. 777.64 crores, the shares of Visaka Industries Limited hit a 5 percent upper circuit of Rs. 90.37 per share on Thursday, up from its previous closing price of Rs. 86.07 per share. Since then, the stock has retreated and is currently trading at Rs. 90 per equity share.
Q1 FY26 Result Walkthrough
Coming into the quarterly results of Visaka Industries Limited, the company’s consolidated revenue from operations increased by 10.46 percent YOY, from Rs. 457.65 crore in Q1 FY25 to Rs. 505.53 crore in Q1 FY26, and grew by 18.71 percent QoQ from Rs. 452.85 crore in Q4 FY25.
Visaka Industries Limited generated 86.44 percent of its revenue from building products, 13.54 percent from synthetic yarn, and 0.02 percent from other income in Q1 FY26.
In Q1 FY26, Visaka Industries Limited’s consolidated net profit increased by 424.12 percent YOY, reaching Rs. 52.14 crore compared to Rs. 9.95 crore during the same period last year. As compared to Q4 FY25, the net profit has increased by 257.86 percent, from Rs. 14.57 crore. The basic earnings per share increased by 424.35 percent and stood at Rs. 6.03 as against Rs. 1.15 recorded in the same quarter in the previous year, 2025.
Financial Highlights: Visaka Industries Limited’s revenue has increased from Rs. 1,527 crore in FY24 to Rs. 1,543 crore in FY25, which is a growth of 1.05 percent. The net profit of the company has turned into a net loss, from Rs. 1 crore in FY24 to Rs. -3 crore in FY25. Visaka Industries Limited’s revenue has grown at a CAGR of 21.22 percent over the last five years.
Company Overview
Visaka Industries Limited is an Indian company founded in 1981 by Dr. G. Vivek Venkatswamy, headquartered in Secunderabad, Telangana. It manufactures a diversified range of products, including corrugated cement sheets, fiber cement boards and panels, synthetic yarns, and hybrid solar roofing systems.
The company is known for its sustainable building products marketed under the brand Vnext and solar roofing products under the brand ATUM, which integrates roofing and solar power generation. Visaka is the second-largest manufacturer of cement roofing sheets in India and has a significant presence in synthetic yarn manufacturing and renewable energy sectors.
The company operates 12 manufacturing units, has 13 marketing offices, and has a PAN India distribution network of over 7,000 dealer outlets. The company has also launched ATUM, a novel hybrid rooftop solar product that is thermally efficient and generates more energy than conventional panels, manageable via smartphone controls.
Written By – Nikhil Naik
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