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About Visaka Industries Ltd
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Visaka Industries Limited was initially incorporated in the name of `Visaka Asbestos Cement Products` in June 18, 1981 by Dr. G. Vivekanand. The Other Group Companies are Visaka Cement Industry, Venus Tobacco Company and VST Natural Products. Later, the Company changed its name to `Visaka Industries Limited` in 1988. The Company is into the business of manufacture of cement fibre sheets (V-Boards), spinning yarn, fibre cement boards & panels, solar panels and synthetic blended yarn. The Company commenced the manufacture of cement asbestos sheets in 1985 with an annual capacity of 36,000 metric tonnes per annum and thereafter, diversified into manufacture of synthetic yarn in 1992. In May `95, VIL obtained ISO 9002, the Quality System Certificate from the Bureau of Indian Standards for its textile division. In Nov`95, VIL came out with a rights issue aggregating 289.59 lacs in Jan 1996. In the year 1997-98, Asbestos unit at Paramathi Velur in Tamil Nadu commenced commercial production. In FY 2006-07, Shakti Roofings Pvt. Ltd. merged with and into the Company in April, 2006. As per the said Scheme of Arrangement, 20,07,995 equity shares face value of Rs.10 each of the Company was allotted to the existing shareholders of M/s. Shakti Roofings Private Limited. Company commissioned V-Board business in May 2008, conveniently distant from its cement asbestos units. It got into the cement boards business in 2009 by commissioning its first unit in Miryalaguda, Telangana. It expanded building product mix to manufacture non asbestos fibre cement board and panels (flat products). The Sambalpur unit (100,000 TPA) was commissioned in 2011-12. During the year 2014-15, Visaka Thermal Power Limited (VTPL) ceased to be an associate Company of the Company. In 2016-17, the Company expanded its spinning capacity to 12,000 tonnes per annum. It manufactured cement roofing sheets across 7 plants with an installed capacity of 8,48,000 metric tonnes as on 31 March 2025.
Visaka Industries share price as on 05 Dec 2025 is Rs. 67.6. Over the past 6 months, the Visaka Industries share price has decreased by 20.88% and in the last one year, it has decreased by 28.42%. The 52-week low for Visaka Industries share price was Rs. 55.05 and 52-week high was Rs. 107.
509055
VISAKAIND
INE392A01021
Jul
Visaka Industries Ltd FAQs
You can buy Visaka Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Visaka Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:49 AM the closing price of Visaka Industries Ltd was Rs.67.60.
The latest PE ratio of Visaka Industries Ltd as of Dec 05, 2025 09:49 AM is 12.06
The latest PB ratio of Visaka Industries Ltd as of Dec 05, 2025 09:49 AM is 0.73
The 52-week high of Visaka Industries Ltd share price is Rs. 107.00 while the 52-week low is Rs. 55.05
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:49 AM, the market cap of Visaka Industries Ltd stood at Rs. 584.10 Cr.
Market Outlook
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