Visa Steel Ltd.
Snapshot View

17.85 +0.25 ▲1.4%

20 May 2022, 04:01:00 PM
Volume: 4,895

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.visasteel.com
Market Cap 204.95 Cr.
Enterprise Value(EV) 3,664.18 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -99.26 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 5.20 Trailing Twelve Months Ending 2021-12
Book Value / Share -209.36 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.09 Calculated using Price: 17.85
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 11.58 Cr. 115,789,500 Shares
FaceValue 10
Company Profile

Visa Steel (VSL), incorporated in 1996, is part of Visa Group. Headquartered at Kolkata, the company has manufacturing facilities located at Kalinganagar and Golagaoan.VISA Steel Limited is a subsidiary of VISA Infrastructure Limited. The VISA Group is a minerals, metals and energy conglomerate with business interests in Steel, Power, Cement, International Trading and Urban Infrastructure etc.

VISA Steel is a leading player in the Indian Special Steel and Ferro Chrome. It has its Registered office in Bhubaneswar; Corporate office in Kolkata and Branch offices across India.
The company has presence in countries like India, China, Australia, Indonesia, Switzerland, UK and Hong Kong.

In 2013 VISA Steel Limited and SunCoke Energy, Inc. formed their coke making joint venture in India. 

Manufacturing facilities

The company’s manufacturing facility, located at Kalinganagar, has a production capacity of 225,000 tonne per annum (TPA) of pig iron, 4,00,000, 50,000 TPA ferro chrome and TPA of coke oven.

VSL’s Golagaon manufacturing facility has a chrome ore beneficiation plant and a chrome ore grinding plant with an installed capacity of 1,00,000 TPA each.

Products

Pig Iron- The company manufactures three grade of pig iron such as basic, foundry and special that have applications in casting and steel making.

LAM Coke- VSL manufactures good quality coke by blending low cost soft coking coals with hard coking coals. Generally this coke is sold to blast furnaces, ferro alloy plants, chemical plants and foundries across India.

The company produces chrome concentrate that has application in ferro chrome/ stainless steel production. It also produces 50000 TPA of ferro chrome.

The steel major entered into a 51:49 joint venture with Bao Steel to form Visa Bao. Visa Bao was formed to set up a 1,00,000 tonne ferro-chrome plant in Orissa for an investment of Rs 260 crore.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.42%
1 Week
1 Month
-30.27%
3 Month
+22.68%
6 Month
+22.26%
1 Year
+96.15%
2 Year
+449.23%
5 Year
-33.15%
10 Year
-65.87%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -48.79 -98.48
Return on Capital Employed (%) 2.91 0.46 -2.23 -4.80 -2.78 -1.83 -5.30 -7.05 -68.28
Return on Assets (%) -3.20 -3.82 -7.53 -16.80 -3.33 -2.31 -4.69 -6.03 -48.69

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 221 73 -205 -866 -615 -793 -955 -1,148 -2,346 -2,407
Non Curr. Liab. 2,257 2,372 2,496 2,357 1,977 1,480 1,034 627 22 22
Curr. Liab. 880 1,453 1,616 2,269 2,754 2,912 3,221 3,586 4,177 4,225
Minority Int. 130 135 103 78 58 0
Equity & Liab. 3,487 4,033 4,010 3,839 4,174 3,599 3,300 3,065 1,853 1,840
Non Curr. Assets 3,046 3,310 3,489 3,308 3,491 3,253 3,113 2,980 1,748 1,713
Curr. Assets 440 722 521 531 683 346 187 85 104 127
Misc. Exp. not W/O 1 1
Total Assets 3,487 4,033 4,010 3,839 4,174 3,599 3,300 3,065 1,853 1,840

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,025 1,455 1,280 1,303 1,559 2,067 1,414 683 976 1,102
Other Income 20 24 20 18 18 55 16 12 18 12
Total Income 1,045 1,479 1,301 1,321 1,577 2,122 1,430 695 995 1,114
Total Expenditure -1,052 -1,354 -1,270 -1,322 -1,501 -2,027 -1,440 -733 -990 -1,091
PBIDT -7 125 31 -1 76 95 -10 -38 4 23
Interest -168 -163 -229 -485 -47 -34 -19 -20 -17 -20
Depreciation -65 -75 -77 -146 -163 -151 -133 -134 -128 -96
Taxation -7 6 -6 -27
Exceptional Items 137 -37 -21 -1,056 -1,056
PAT -111 -144 -303 -659 -133 -90 -162 -192 -1,197 -1,149
Minority Interest 4 -4 30 25 -2 2
Share Associate 0 0 0 0 0 0 0
Other Related Items
Consolidated Net Profit -108 -148 -273 -634 -135 -88 -162 -192 -1,197 -1,149
Adjusted EPS -10 -13 -25 -58 -12 -8 -14 -17 -103 -99

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 542 -558 126 -216 -333 12 151 82 59 3
Cash Fr. Inv. -640 10 -149 -26 7 -4 14 16 11 11
Cash Fr. Finan. 81 550 84 157 328 4 -153 -113 -64 -14
Net Change -16 1 61 -85 3 12 13 -16 6 1
Cash & Cash Eqvt 23 25 86 1 4 15 17 1 7 8

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 58.88 58.88 58.88 58.88 58.88 58.88 58.88 58.88 38.33
Public 41.12 41.12 41.12 41.12 41.12 41.12 41.12 41.12 61.67
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

Announcements View Details

Sat, 21 May 2022
Board Meeting Intimation for Visa Steel Limited Has Informed The Exchange About Board Meeting To Be Held On 30-May-2022 To Consider Financial Statements For The Period Ended March 2022 And Other Business Matters.
VISA STEEL LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve In terms of the provisions of Regulation 29 of the Listing Regulations this is to inform you that a Meeting of the Board of Directors of the Company is scheduled to be held on Monday 30 May 2022 to inter alia consider and approve the Standalone and Consolidated Audited Financial Results of the Company for the Quarter and year ended 31 March 2022. The trading window for dealing in the securities of the Company for insiders which closed on Thursday 1 April 2022 shall remain closed till 48 hours after the announcement of Financial Results to the Stock Exchanges(s).
Sat, 30 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayVISA STEEL LTD.
2CINL51109OR1996PLC004601
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Amisha Chaturvedi
Designation: Company Secretary
EmailId: cs@visasteel.com
Name of the Chief Financial Officer: Surinder Kumar Singhal
Designation: Chief Financial Officer
EmailId: surinder.singhal@visasteel.com

Date: 30/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Wed, 13 Apr 2022
Disclosure Under Regulation 7(3) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to the provisions of Regulation 7(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR) please find enclosed the certificate duly signed by the Compliance Officer of the Company and the Authorised Representative of KFin Technologies Limited Registrar and Share Transfer Agent certifying compliance with the requirements of Regulation 7(2) of SEBI LODR.

Technical Scans View Details

Fri, 20 May 2022
Opening at Low Opening at Low
Making Lower Lows for 3 days Making Lower Lows for 3 days
High Decrease 1 Month High Decrease 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 6 Months High Increase 6 Months

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