VISA Steel Limited (VISASTEEL) AI Stock Analysis

VISA Steel Limited

(NSE:VISASTEEL)

Select Model

Rating:47Neutral

Price Target:INR 31.00▼(-1.93% Downside)

Action:reiterated

Date:10/25/26

The score is held down primarily by weak financial quality—especially a high-risk balance sheet with persistently negative equity and volatile earnings—along with bearish price trend signals (price below key moving averages and negative MACD). A very low P/E provides some valuation support, but it is tempered by earnings instability and risk implied by the underlying financial profile.

Positive Factors

Consistent Cash GenerationPositive operating and free cash flow across the reported period provides an internal source of funding for working capital, maintenance investment, and debt service. This cash-generation record is a relative strength that can support resilience even while accounting earnings remain volatile.

Negative Factors

Negative EquityPersistently negative shareholders’ equity signals a severely thin capital cushion and materially increases financial risk. It limits the company’s ability to absorb operating setbacks, may constrain access to new financing, and reduces flexibility to fund growth or withstand another period of weak profitability.

VISA Steel Limited (VISASTEEL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 6.05B
Dividend Yield: ―
Average Volume (3M): 197.56K
Price to Earnings (P/E): 0.5
Beta (1Y): 0.59
Revenue Growth: -15.01%
EPS Growth: ―
Country: India
Employees: 316
Sector: General
Sector Strength: 55
Industry: Steel

VISA Steel Limited Business Overview & Revenue Model

Company Description

VISA Steel Limited engages in the manufacture and sale of ferro alloys in India. It provides high carbon ferro chrome. The company was formerly known as Visa Industries Limited and changed its name to VISA Steel Limited in May 2005. VISA Steel Limite...

How the Company Makes Money

VISASTEEL makes money primarily by manufacturing steel products and selling them to industrial customers and downstream steel users. Its revenue model is centered on (1) product sales: generating operating revenue from the sale of steel outputs (e.g....

VISA Steel Limited Financial Statement Overview

Summary

Financial performance is weak overall due to highly volatile revenue and profitability, including frequent operating losses and large net profit swings that suggest one-offs or low earnings quality. The balance sheet is a major constraint with persistently negative shareholders’ equity and elevated leverage, despite lower debt in FY2026. Cash flow is comparatively better with consistently positive operating and free cash flow, but conversion versus the latest reported net income looks weak, raising sustainability concerns.

Income Statement

40Negative

Balance Sheet

18Very Negative

Cash Flow

46Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	4.18B	5.62B	5.66B	6.70B	6.57B	11.02B
Gross Profit	1.41B	1.86B	1.47B	-52.02M	3.23B	-32.68M
EBITDA	11.10B	11.09B	-4.37B	66.03M	17.39B	188.69M
Net Income	10.67B	10.50B	-5.17B	-718.90M	16.60B	-872.23M
Balance Sheet
Total Assets	5.35B	5.35B	5.33B	10.32B	10.68B	17.67B
Cash, Cash Equivalents and Short-Term Investments	286.30M	286.30M	29.70M	380.00K	214.61M	136.19M
Total Debt	3.92B	3.92B	13.98B	14.09B	13.94B	34.81B
Total Liabilities	7.55B	7.55B	18.94B	18.76B	18.40B	42.01B
Stockholders Equity	-2.20B	-2.20B	-13.61B	-8.44B	-7.72B	-24.33B
Cash Flow
Free Cash Flow	40.35M	109.00M	113.52M	79.40M	80.81M	114.39M
Operating Cash Flow	68.23M	361.30M	238.44M	174.39M	264.12M	173.72M
Investing Cash Flow	-25.97M	-249.20M	-124.77M	-91.35M	-174.38M	-86.83M
Financing Cash Flow	-42.68M	-89.10M	-111.75M	-83.04M	-78.91M	-86.95M

VISA Steel Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price31.61

Price Trends

50DMA34.98Negative

100DMA37.62Negative

200DMA39.03Negative

Market Momentum

MACD-0.86Positive

RSI42.59Neutral

STOCH42.70Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VISASTEEL, the sentiment is Negative. The current price of 31.61 is below the 20-day moving average (MA) of 33.25, below the 50-day MA of 34.98, and below the 200-day MA of 39.03, indicating a bearish trend. The MACD of -0.86 indicates Positive momentum. The RSI at 42.59 is Neutral, neither overbought nor oversold. The STOCH value of 42.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VISASTEEL.

VISA Steel Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:VISASTEEL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:APLAPOLLO	70Outperform	INR 600.02B	46.05	―	0.39%	15.83%	24.85%
IN:JSL	68Neutral	INR 555.86B	16.65	―	0.44%	11.65%	20.53%
IN:JINDALSTEL	56Neutral	INR 1.08T	37.83	―	0.19%	25.54%	3.72%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SUNFLAG	55Neutral	INR 70.74B	34.29	―	0.25%	9.35%	4.58%
IN:SHYAMMETL	51Neutral	INR 324.85B	28.86	―	0.38%	22.76%	21.47%
IN:VISASTEEL	47Neutral	INR 4.61B	0.55	―	―	-15.01%	―

* General Sector Average

Performance Comparison

IN:VISASTEEL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:VISASTEEL	VISA Steel Limited	31.61	-35.08	-52.60%
IN:APLAPOLLO	APL Apollo Tubes Limited	2161.00	370.34	20.68%
IN:JINDALSTEL	Jindal Steel Limited	1055.40	-18.57	-1.73%
IN:JSL	Jindal Stainless Limited	674.25	-72.54	-9.71%
IN:SHYAMMETL	Shyam Metalics & Energy Ltd.	1163.80	264.96	29.48%
IN:SUNFLAG	Sunflag Iron & Steel Co. Ltd.	392.50	126.08	47.32%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 25, 2026

VISA Steel Limited AI Stock Analysis