VISHNU CHEMICALS LTD. - 516072 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation - Analyst/Institutional Investor Meeting - Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed. VISHNU CHEMICALS LTD. - 516072 - Closure of Trading Window
The trading window for dealing in securities of the Company will be closed for designated persons and their immediate relatives with effect from 1st July, 2024 till 48 hours after the conclusion of meeting of Board of Directors of the Company to be held for the purpose of consideration and approval of Un-Audited Financial Results of the Company for the first quarter ended 30th June, 2024 have been disseminated to the stock exchanges. VISHNU CHEMICALS LTD. - 516072 - Reply To Clarification On Price Movement
Reply to Clarification on Price Movement is enclosed. VISHNU CHEMICALS LTD. - 516072 - Clarification sought from Vishnu Chemicals Ltd
The Exchange has sought clarification from Vishnu Chemicals Ltd on June 12, 2024 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.The reply is awaited. VISHNU CHEMICALS LTD. - 516072 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details of Analyst/ Institutional Investor Meeting to be held on 12th June, 2024 is enclosed VISHNU CHEMICALS LTD. - 516072 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed transcript of Earnings Call held on 03.06.2024 to discuss financial results for Q4FY24 VISHNU CHEMICALS LTD. - 516072 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Audio Link of Earnings Call held on 3rd June, 2024 is enclosed.
Vishnu Chemicals Results Earnings Call for Q4FY24
Conference Call with Vishnu Chemicals Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript. Q4FY24 Quarterly & FY24 Annual Result Announced for Vishnu Chemicals Ltd.
Speciality Chemicals company Vishnu Chemicals announced consolidated Q4FY24 & FY24 results: The 7% Preference Shareholders, who are also promoters of the company, have waived off 100% of preference dividend for FY24. Preference dividend waived off for the quarter is Rs 1.3 crore and for twelve months ending March 31, 2024 is Rs 5.3 crore Vishnu’s board has proposed a final dividend of Rs 0.3 per equity share (15% of face value) for FY24. Agile mix of domestic and export sales in the ratio of 53:47 EBITDA Margin expanded by 766 basis points in Q4FY24 at 21.2% compared to 13.5% in Q3FY24. Margin expansion was driven by disciplined investments across both value addition and backward integration initiatives Performance was steered by strong improvement in the Barium Chemicals. Record volumes produced and sold with margin expansion, all while aiding our international clients recover from challenging macro environments. Prudent spending kept operational expenses flat YoY. Balance sheet and liquidity position: Reduction in consolidated long term borrowings by Rs 90.9 crore in FY24. Debt to Equity at 0.45 Cash, Cash Equivalents & Bank Balances at Rs 60.4 crore. The Red Sea crisis has increased transit times by 2-4 weeks. As a result, the company is maintaining higher inventories of raw materials to ensure continuous supply of feedstock, as well as higher inventories of finished goods to enable quick dispatches. External credit rating upgraded from CARE BBB to CARE A Ch. Krishna Murthy, CMD, Vishnu Chemicals Limited said, “Vishnu Chemicals is pleased to end the financial year 2023-24 on a high note. The macroeconomic headwinds faced by the speciality chemicals industry and our customers proved this year to be a significant test for us. Our answer to this was our resilience, where we never compromised on our principles and prioritised customer success with the focus on margin expansion. Going in FY25, we continue to work tirelessly to achieve growth and continuous improvement.” Ch. Siddartha, JMD, Vishnu Chemicals said, “Our performance was driven by our core belief of being persistent in any circumstance, taking measured risks and keeping the communication simple. Vishnu has entered FY25 with the same core belief of doing business with efficiency, nurturing complex chemistry, seizing opportunities and never compromise on our efforts.” Result PDF VISHNU CHEMICALS LTD. - 516072 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication w.r.t Q4FY24 and FY24 financial results is enclosed.