MarketFriction

VISA Chrome Ltd

NSE VISACHROME · BSE 532721 · Ferro & Silica Manganese
₹35.91 -2.34%
NSE close2026-10-01
52 week range27.05 - 73.68
Market cap₹503 Cr.
Price band 5% Delivery 72.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales189.2389.63156.08134.73150.62118.77162.41170.9874.70144.97170.98120.44
Expenses194.8294.27145.91122.38142.68116.23153.90153.2184.44145.88164.44115.37
Operating Profit-5.59-4.6410.1712.357.942.548.5117.77-9.74-0.916.545.07
OPM %-2.95%-5.18%6.52%9.17%5.27%2.14%5.24%10.39%-13.04%-0.63%3.83%4.21%
Other Income0.240.370.430.237.740.30-476.700.884.380.171,090.090.06
Interest7.337.497.347.437.637.887.867.918.389.237.627.93
Depreciation11.9712.6112.1412.0612.2112.2312.156.416.486.566.436.76
Profit before tax-24.65-24.37-8.88-6.91-4.16-17.27-488.204.33-20.22-16.531,082.58-9.56
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-24.65-24.36-8.88-6.92-4.16-17.27-488.204.33-20.22-16.531,082.58-9.56
EPS in Rs-2.13-2.10-0.77-0.60-0.36-1.49-42.160.37-1.75-1.2883.73-0.74
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3031,5592,0671,4146839881,118657670566562511
Expenses1,3221,5012,0271,4407339841,101649665535548510
Operating Profit-195840-26-504189531141
OPM %-1.5%3.7%1.9%-1.8%-7%0.4%1.6%1.3%0.8%6%2.4%0.2%
Other Income1818551612-1,05611,7502-4681,0961,095
Interest4854734192017212530313333
Depreciation146163151133134128857349492626
Profit before tax-632-133-90-162-192-1,197-871,660-72-5171,0501,036
Tax %4%0%0%0%0%0%0%0%0%0%0%
Net Profit-659-133-90-162-192-1,197-871,660-72-5171,0501,036
EPS in Rs-57.64-12.29-7.56-13.96-16.57-103.40-7.53143.39-6.21-44.6181.2279.96
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-8%-11%-5%-15%
Compounded Profit Growth7%12%16%-47%
Stock Price CAGR9%23%38%-10%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital110110110116116116116116116116116129
Reserves-315-976-725-909-1,071-1,264-2,462-2,549-888-960-1,477-349
Borrowings3,3583,8363,8853,6293,5173,4793,4863,4811,3941,4091,398392
Other Liabilities803822858717738734712720445467496364
Total Liabilities3,9563,7934,1283,5533,3003,0651,8531,7671,0681,032533535
Fixed Assets3,0362,8953,1422,9332,8042,6791,7041,625960920447446
CWIP3513503062992972903939393900
Investments011444444444
Other Assets569547678316194921069965698285
Total Assets3,9563,7934,1283,5533,3003,0651,8531,7671,0681,032533535
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-216-333121518259131726172636
Cash from Investing Activity-267-4316111-9-19-9-12-25
Cash from Financing Activity1573284-153-113-64-14-9-8-8-13-9
Net Cash Flow-853121-1661-0-0002
Free Cash Flow-273-337-013181571410881311
CFO/OP-1,347%1,791%20%386%-321%-111%399%107%260%318%77%264%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1748331295000010
Inventory Days100691072935242015871215
Days Payable1178085303986503246413718
Cash Conversion Cycle-03755125-57-30-17-38-34-24-3
Working Capital Days-318-477-495-457-784-1,875-1,508-1,338-975-983-1,148-421
ROCE %-1%-5%-3%-2%-5%-7%-7%-6%-7%-7%-5%-6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters48.27%48.27%48.27%48.27%52.66%52.66%52.66%52.66%52.66%57.60%57.60%62.40%
FIIs17.42%17.42%17.42%17.42%13.35%13.35%13.34%13.34%13.34%11.95%11.95%13.10%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.09%0.00%0.00%0.00%0.04%
Public34.32%34.32%34.33%34.34%33.99%34.00%34.00%33.91%34.00%30.46%30.44%24.47%
No. of Shareholders21,32420,43819,66919,03618,49218,05417,75017,38717,18217,46317,43117,734

Fundamentals

Market Cap₹ 503 Cr.
Current Price₹ 35.0
Book Value₹ -17.0
ROCE-5.58 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-15%
Compounded Profit Growth (TTM)-47%
Consolidated figures.
Valuation
Market capRs 516 Cr
Enterprise valueRs 904 Cr
P/E (TTM)0.50x
Price to book-2.35x
Price to sales1.01x
EV / EBITDA0.83x
EV / EBIT0.85x
EV / sales1.77x
Price to cash flow14.27x
Earnings yield200.97%
P/B, 3-year average-0.26x
P/E, 5-year average0.08x
P/B, 5-year average-0.19x
Profitability
Operating margin (excl. other income)2.43%
Operating margin (incl. other income)197.49%
EBITDA margin214.38%
Pre-tax margin202.76%
Net profit margin202.76%
Net margin, latest quarter-7.94%
ROE-132.87%
ROCE1038.03%
ROA196.55%
ROE, 3-year average-25.71%
ROCE, 3-year average289.89%
ROA, 3-year average41.24%
ROE, 5-year average-35.41%
ROCE, 5-year average213.10%
ROA, 5-year average47.21%
ROIC (approx.)634.22%
Other income / net worth-498.27%
Growth
Sales growth (latest year)-0.86%
Sales CAGR, 3 years-5.12%
Sales CAGR, 5 years-10.69%
Profit CAGR, 3 years-14.16%
Sales growth QoQ-29.56%
Profit growth QoQ-100.88%
Sales growth YoY (latest quarter)-29.56%
Profit growth YoY (latest quarter)-320.79%
Per share
EPS (TTM)Rs 72.17
EPS (latest quarter)Rs -0.67
EPS, 3-year averageRs -25.41
EPS, 5-year averageRs 21.26
Book value per shareRs -15.31
Sales per shareRs 35.59
Cash flow per shareRs 2.52
Free cash flow per shareRs 0.77
Efficiency
Asset turnover1.05x
Fixed asset turnover1.26x
Inventory turnover23.68x
Inventory days15 days
Debtor days0 days
Debtors turnover11232.40x
Creditor days18 days
Cash conversion cycle-3 days
Working capital days-421 days
Leverage
Total debtRs 392 Cr
Cash and bankRs 3 Cr
Net debtRs 388 Cr
Debt to equity-1.78x
Net debt / EBITDA0.35x
Interest coverage32.25x
Owners' fund to total sources-41.08%
Debt to assets73.16%
Cash flow
Cash from Operating Activity (latest year)Rs 36 Cr
Cash from Investing Activity (latest year)Rs -25 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 11 Cr
FCFE (approx.: FCF + change in debt)Rs -995 Cr
Cash from ops / profit, 5 years0.06x
Sales to cash flow15.54x
Statement figures
Net sales (TTM)Rs 511 Cr
Net sales (latest year)Rs 562 Cr
Sales (latest quarter)Rs 120 Cr
Operating profit excl. other income (latest year)Rs 14 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 1,095 Cr
EBITDA (TTM)Rs 1,096 Cr
PBDT (TTM)Rs 1,062 Cr
Profit before tax (TTM)Rs 1,036 Cr
Net profit (TTM)Rs 1,036 Cr
Net profit (latest year)Rs 1,050 Cr
Net profit (latest quarter)Rs -10 Cr
Depreciation (TTM)Rs 26 Cr
Depreciation (latest quarter)Rs 7 Cr
Interest (TTM)Rs 33 Cr
Cost of goods sold (latest year)Rs 376 Cr
Total expenditure (latest year)Rs 548 Cr
Total income (latest year)Rs 1,657 Cr
Share capitalRs 129 Cr
ReservesRs -349 Cr
Shareholders' fundsRs -220 Cr
Total assetsRs 535 Cr
Net blockRs 446 Cr
InvestmentsRs 4 Cr
ReceivablesRs 0 Cr
InventoryRs 16 Cr
Other liabilitiesRs 364 Cr
Shares outstanding (crore)14.36
Ownership
Promoter holding62.40% (+9.74 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodVISACHROMENifty 50Difference
1 week-1.2%-2.8% +1.6 pts
1 month-10.6%-6.8% -3.8 pts
3 months-16.0%-7.6% -8.4 pts
6 months+26.6%+0.4% +26.2 pts
1 year-17.2%-9.9% -7.2 pts
2 years+106.4%-13.6% +119.9 pts
3 years+172.0%+14.2% +157.9 pts
5 years+185.0%+27.9% +157.1 pts

Red flags

F-score 4 of 8
seriousNegative equity Shareholders' equity is negative
explainWeak cash conversion Cash from operations was 17% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 189% of total assets in 2026
lookShare dilution Share count up 12% in a year, 12% in three
lookProfit leans on other income Other income was 104% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹120 Cr -29.6% vs Jun 2025. Net loss ₹10 Cr.
Against our estimate for Jun 2026: sales -38.0%, profit -10.9% in line. Our estimate for Sep 2026: sales Rs 66 Cr, profit Rs -6 Cr (how).

Activity

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Ex-dateActionFactor
2024-09-19Annual General Meeting
2023-09-21Annual General Meeting
2022-09-20Annual General Meeting
2021-09-20 Annual General Meeting
2020-12-11 Annual General Meeting
2019-12-12 Annual General Meeting
2018-09-19 Annual General Meeting
2017-12-05 Annual General Meeting
2016-12-19 Annual General Meeting
2015-12-17 Annual General Meeting
2014-12-15Annual General Meeting
2013-12-05Annual General Meeting
2012-08-02Annual General Meeting
2011-07-14Annual General Meeting And Dividend Re.1/- Per Share
2010-08-06Annual General Meeting And Dividend Re.1/- Per Share
2009-08-17Annual General Meeting
2008-07-21Agm/Dividend - 10%
2007-07-23Agm
2006-07-20Agm
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-06NCLTMilestones Engineering Pvt. Ltd. Vs Visa Steel Ltd.
2021-08-04NCLTState Bank of India Vs Visa Steel Ltd.
2020-11-09NCLATState Bank of India VS Visa Steel Ltd.
2020-11-09NCLATState Bank of India VS Visa Steel Ltd.
2020-09-23NCLATState Bank of India VS Visa Steel Ltd.
2020-09-23NCLATState Bank of India VS Visa Steel Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of VISA Chrome Ltd?

VISA Chrome Ltd (VISACHROME) has a market capitalisation of Rs 503 Cr. at the 2026-10-01 close.

What were VISA Chrome Ltd's latest quarterly results?

In the Jun 2026 quarter, VISA Chrome Ltd sales was Rs 120 Cr (-29.6% vs Jun 2025) with a net loss of Rs 10 Cr.

What is the 52-week high and low of VISA Chrome Ltd?

The 52-week high is Rs 73.68 and the 52-week low is Rs 27.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03