VISA Steel Limited (VISASTEEL) AI Stock Analysis

• Market Cap: ₹6.37B
• Dividend Yield: N/A
• Average Volume (3M): 5.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: -0.58%
• EPS Growth: -1076.68%
• Country: IN
• Employees: 319
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): -1.75
• Shares Outstanding: 115,789,505
• 10 Day Avg. Volume: 12,970
• 30 Day Avg. Volume: 5,783
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.27
• Price to Sales (P/S): 0.65
• P/FCF Ratio: 32.36
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: ₹53.00 ▼(-3.67% Downside)

VISA Steel Limited's overall stock score is primarily impacted by its poor financial performance, characterized by persistent losses and high leverage. Technical analysis provides some mixed signals, with the stock showing potential oversold conditions. Valuation metrics are weak due to negative earnings and lack of dividends, further weighing down the score.

Positive Factors

Vertically Integrated Business Model

A vertically integrated model helps VISA Steel control production costs and improve margins, providing a competitive advantage in cost management and operational efficiency.

Long-term Contracts and Partnerships

Long-term contracts provide revenue stability and predictability, helping VISA Steel mitigate market volatility and secure consistent demand for its products.

Operational Cash Generation

Positive operating cash flow indicates that VISA Steel can generate cash from its core operations, which is crucial for sustaining business activities and funding growth initiatives.

Negative Factors

High Leverage and Negative Equity

High leverage and negative equity pose significant financial risks, limiting VISA Steel's ability to invest in growth and increasing vulnerability to economic downturns.

Declining Revenue and Profitability

Declining revenue and profitability highlight operational inefficiencies and potential demand issues, threatening long-term sustainability and market position.

Negative Net Profit Margin

A negative net profit margin indicates ongoing financial losses, which can erode shareholder value and hinder the company's ability to reinvest in its business.

VISA Steel Limited Business Overview & Revenue Model

Company Description

VISA Steel Limited (VISASTEEL) is a prominent player in the Indian steel industry, primarily engaged in the manufacturing and marketing of steel products. The company operates in various sectors, including iron and steel production, and is known for its core products such as long steel products, ferro alloys, and other value-added steel items. With a robust infrastructure and strategic focus on quality and innovation, VISA Steel aims to serve various markets, including construction, infrastructure, and manufacturing.

How the Company Makes Money

VISA Steel generates revenue primarily through the production and sale of steel products, including rebar, wire rods, and ferro alloys. The company operates a vertically integrated business model, which allows it to manage costs effectively and enhance profitability. Key revenue streams include sales to construction and infrastructure sectors, which are significant consumers of steel. Additionally, VISA Steel benefits from long-term contracts and partnerships with various distributors and construction firms, ensuring a steady flow of orders. The company's ability to capitalize on fluctuating steel prices and optimize its production processes also contributes to its earnings.

VISA Steel Limited Financial Statement Overview

Summary

VISA Steel Limited is facing significant financial challenges. The income statement shows declining revenues and substantial net losses, with negative EBIT and EBITDA margins. The balance sheet is under stress with extreme leverage and negative equity, posing solvency risks. Although the cash flow statement indicates some operational cash generation, it is overshadowed by broader financial difficulties.

Income Statement

The income statement reveals a challenging situation for VISA Steel Limited, with declining revenues and significant net losses over the years. The company's gross profit margin is positive but has decreased from previous years, indicating shrinking profitability. The net profit margin is deeply negative, showing substantial losses. EBIT and EBITDA margins are also negative, reflecting operational difficulties. Revenue has been declining, with a significant drop from the previous periods, indicating potential demand issues or operational inefficiencies.

Balance Sheet

VISA Steel's balance sheet is under significant stress. The debt-to-equity ratio is highly unfavorable due to negative equity, suggesting extreme leverage and potential solvency risks. The company has a negative equity ratio, indicating that liabilities far exceed assets. Return on equity is not calculable due to negative equity, adding to concerns about shareholder returns and financial stability. The high total debt in comparison to the total assets poses a significant risk to the company's financial health.

Cash Flow

The cash flow statement shows some positive aspects with a consistently positive operating cash flow, which suggests some operational cash generation capability. However, free cash flow growth has been erratic, with recent improvements not enough to offset the broader negative trends. The operating cash flow to net income ratio is misleadingly high due to the negative net income. The company's cash flow position indicates some liquidity, but the overall financial pressure is evident.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.03B	5.66B	6.70B	6.57B	11.02B	9.62B
Gross Profit	2.13B	1.47B	-52.02M	3.23B	2.85B	2.62B
EBITDA	-4.31B	-4.37B	66.03M	17.39B	188.69M	-10.52B
Net Income	-5.05B	-5.17B	-718.90M	16.60B	-872.23M	-11.97B
Balance Sheet
Total Assets	0.00	5.33B	10.32B	10.68B	17.67B	18.53B
Cash, Cash Equivalents and Short-Term Investments	29.68M	2.30M	256.79M	214.61M	136.19M	102.03M
Total Debt	0.00	13.98B	14.09B	13.94B	34.81B	34.86B
Total Liabilities	13.61B	18.94B	18.76B	18.40B	42.01B	41.99B
Stockholders Equity	-13.61B	-13.61B	-8.44B	-7.72B	-24.33B	-23.46B
Cash Flow
Free Cash Flow	0.00	113.52M	79.40M	80.81M	114.39M	31.61M
Operating Cash Flow	0.00	238.44M	174.39M	264.12M	198.06M	32.44M
Investing Cash Flow	0.00	-124.77M	-91.35M	-174.38M	-86.83M	114.91M
Financing Cash Flow	0.00	-111.75M	-83.04M	-78.91M	-86.95M	-139.56M

VISA Steel Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 55.02
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VISASTEEL, the sentiment is Neutral. The current price of 55.02 is below the 20-day moving average (MA) of 58.76, below the 50-day MA of 56.19, and above the 200-day MA of 40.62, indicating a neutral trend. The MACD of -1.66 indicates Positive momentum. The RSI at 45.94 is Neutral, neither overbought nor oversold. The STOCH value of 60.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VISASTEEL.

VISA Steel Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OCCL	66 Neutral	₹1.61B	15.37	―	11.39%	-76.65%	-76.77%
MANAKSTEEL	65 Neutral	₹3.72B	25.48	―	―	49.22%	49.59%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HPAL	56 Neutral	₹4.71B	27.97	―	0.91%	13.33%	-21.39%
SADHNANIQ	51 Neutral	₹2.43B	49.50	―	1.53%	-37.44%	-950.73%
VISASTEEL	44 Neutral	₹6.37B	-1.22	―	―	-0.58%	-1076.68%

VISA Steel Limited Corporate Events

Visa Steel Reports Financial Results for September 2025

Visa Steel Limited has announced its unaudited financial results for the quarter and half-year ending September 30, 2025. The company reported a total income of Rs 2,509.31 million for the half-year, with a loss before tax of Rs 159 million. The board approved these financials during a meeting on November 14, 2025. The results indicate a challenging period for the company, with losses impacting its financial standing, which may concern stakeholders and influence its market positioning.

VISA Steel Reports Financial Results for September 2025

VISA Steel Limited’s Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. The company reported a loss before tax of Rs. 159 million for the half-year, indicating ongoing financial challenges. The announcement provides stakeholders with an updated financial position, highlighting the company’s efforts to manage its operations amidst a competitive industry landscape.

VISA Steel Limited Holds EOGM to Approve Preferential Issue

VISA Steel Limited held an Extraordinary General Meeting (EOGM) on November 2, 2025, conducted via video conferencing, to discuss a preferential issue of up to 5,00,00,000 warrants convertible into equity shares to VISA Industries Limited, a member of the promoter group. This strategic move aims to strengthen the company’s capital structure and enhance its financial stability, potentially impacting its market position and stakeholder interests positively.

VISA Steel Limited Approves Convertible Warrants Issuance at EOGM

VISA Steel Limited held an Extra-ordinary General Meeting (EOGM) on November 2, 2025, conducted via video conferencing. The meeting included key company leaders and focused on the approval of a special resolution to issue up to 5,00,00,000 warrants convertible into equity shares to VISA Industries Limited, a member of the promoter group, on a preferential basis. This move is aimed at strengthening the company’s financial position and enhancing its market competitiveness.

VISA Steel Announces Changes to EOGM Notice

VISA Steel Limited has announced a corrigendum cum addendum to the notice for its upcoming Extraordinary General Meeting (EOGM), which will be held on November 2, 2025, through video conferencing. This announcement, published in Business Standard and Dharitri newspapers, ensures that all members are informed of the changes to the EOGM notice, reflecting the company’s commitment to transparency and regulatory compliance.

VISA Steel Ensures Regulatory Compliance with SEBI Certificate Submission

VISA Steel Limited has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. This certificate, issued by KFin Technologies Limited, confirms the dematerialization of equity shares and their listing on stock exchanges, ensuring compliance with regulatory requirements. This announcement underscores VISA Steel’s commitment to maintaining regulatory compliance, which is crucial for its operational integrity and investor confidence.