| Scrip Code | 532721 |
|---|---|
| NSE Symbol | VISACHROME |
| MSEI Symbol | NOTLISTED |
| ISIN | INE286H01012 |
| Name of company | VISA Chrome Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 12-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 05-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | Ferro Alloys |
| Start date and time of board meeting | 12-08-2026 12:30:00 |
| End date and time of board meeting | 12-08-2026 17:25:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 12,044.00 | 12,044.00 | |
| Other income | 6.00 | 6.00 | |
| Total income | 12,050.00 | 12,050.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 7,129.00 | 7,129.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (1,612.00) | (1,612.00) |
| (d) | Employee benefit expense | 760.00 | 760.00 |
| (e) | Finance costs | 793.00 | 793.00 |
| (f) | Depreciation, depletion and amortisation expense | 676.00 | 676.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 5,260.00 | 5,260.00 |
| Total other expenses | 5,260.00 | 5,260.00 | |
| Total expenses | 13,006.00 | 13,006.00 | |
| 3 | Total profit before exceptional items and tax | (956.00) | (956.00) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | (956.00) | (956.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 0.00 | 0.00 |
| 9 | Total tax expenses | 0.00 | 0.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (956.00) | (956.00) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (956.00) | (956.00) |
| 17 | Other comprehensive income net of taxes | 8.00 | 8.00 |
| 18 | Total Comprehensive Income for the period | (948.00) | (948.00) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | (956.00) | (956.00) | |
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (948.00) | (948.00) | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0.00 | 0.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 14,579.00 | 14,579.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.66 | -0.66 | |
| Diluted earnings (loss) per share from continuing operations | -0.66 | -0.66 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.66 | -0.66 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.66 | -0.66 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above unaudited consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Parent Company at their respective meetings held on 12 August 2026. The Statutory Auditors have conducted the limited review of the above Consolidated unaudited financial results. 2. The consolidated financial results of the Parent Company and its subsidiary (the Parent Company and its subsidiary together referred to as “the Group”), together with its joint venture for the quarter ended 30 June 2026, have been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 and relevent rules thereafter. 3. As on 30 June 2026, VISA Chrome Group (the Group) comprises the Parent Company i.e. VISA Chrome Limited, its one subsidiary and one Joint Venture Company. 4. The Group is in the business of Ferro Alloys and hence has only one reportable operating segment as per Ind AS 108 Operating Segments. 5. The Parent Company's financial performance has been adversely affected due to non-availability of working capital for operations, and other external factors beyond the Parent Company’s control. It is expected that the overall financial health of the Parent Company would improve after improvement in availability of working capital. Accordingly, the Parent Company has prepared the financial results on the basis of going concern assumption. The statutory auditors have included a paragraph on material uncertainty related to going concern in their Review Report without modifying their conclusion thereon. 6. The Preferential Issue Committee of the Board of Directors of the Parent Company on 26 November 2025 had approved and alloted 5,00,00,000 warrants at an issue price of Rs. 40/- each payable in cash, on preferential basis, on receipt of Rs. 50 Crore i.e. 25% of the Issue price. These warrants are convertible into or exchangeable for equivalent number of fully paid up Equity Shares of the Parent Company of face value of Rs. 10/- each which may be exercised in one or more tranches during the period commencing from the date of allotment of the warrants until the expiry of 18 months. During the quarter ended 30 June 2026, the Preferential Issue Committee of the Board of Directors of the Parent Company on 6 April 2026, approved conversion and allotment of 1,65,00,000 warrants into Equity Shares by way of issuing of equivalent number of Equity Shares of Rs. 10/- each, on receipt of balance consideration of 75% i.e. Rs. 49.50 Crore. The Parent Company has converted 3,00,00,000 warrants into Equity Shares, including 1,35,00,000 warrants converted in the quarter ended 31 December 2025 upon receipt of Rs. 40.50 Crore. The total consideration received of Rs. 140 Crore as above has been utilised for repayment of debt to ACRE. 7. The Exceptional items for the previous period represents (a) write back of difference between the outstanding amount and settlement amount of the loan exposure of Rs. 1,082.20 Crore and (b) waiver of interest on outstanding amount of the unsecured loan granted by VISA Infra Limited (formerly VISA Infrastructure Limited) of Rs. 6.91 Crore. 8. During the quarter ended 30 June 2026, a Scheme of Arrangement between VISA Infra Limited (formerly known as VISA Infrastructure Limited) and VISA Industries Limited has been sanctioned by Hon'ble National Company Law Tribunal, Kolkata vide an Order dated 21 April 2026, consequent to which the shareholding of VISA Infra Limited (formerly known as VISA Infrastructure Limited) in the Parent Company stands transferred to and vested in VISA Industries Limited effective from the appointed date of 1 April 2025. 9. The figures for the quarter ended 31 March 2026 are balancing figures between the audited figures in respect of financial year ended 31 March 2026 and the unaudited published figures up to nine months ended 31 December 2025. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | 8.00 | 8.00 |
| Total Amount of items that will not be reclassified to profit and loss | 8.00 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 8.00 | 8.00 |