Value Industries Ltd (VALUEIND)

Consumer Durables · Consumer Durables · NSE · Updated 1 September 2026

By StockFin Research Team • AI-Assisted Analysis • Source: BSE/NSE Filings

🎯 Key Takeaways

Value Industries Ltd is currently in a distressed, non-operational state due to its ongoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, stemming from its association with the Videocon group. The company has not generated revenue or operating profit for multiple quarters, with negative net profits and earnings per share persisting across reporting periods.
⚠️ 1) The unresolved insolvency process with no timeline for completion poses existential risk to shareholder value. 2) Persistent negative cash flows an

ROE

17.0%

ROCE

-4.2%

Debt/Equity

-1.24

Promoter

46.8%

✨ Ask AI About VALUEIND 📊 Interactive Charts

📖 The Story

Value Industries Ltd is currently in a distressed, non-operational state due to its ongoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, stemming from its association with the Videocon group. The company has not generated revenue or operating profit for multiple quarters, with negative net profits and earnings per share persisting across reporting periods. It operates under the supervision of a resolution professional, with strategic decisions being made by its Committee of Creditors (CoC), significantly limiting management's autonomy. The business appears to be effectively paused, with focus solely on resolution proceedings rather than operational revival.

📰 What's Happening

Management commentary has been almost entirely centered on the insolvency process, with recent filings highlighting scheduled CoC meetings — including the 64th meeting on August 21, 2026 — as key milestones. These meetings are part of a multi-year resolution process involving 13 Videocon group companies under NCLT supervision. There has been no announcement of operational resumption, new orders, or business revival plans. Instead, disclosures emphasize procedural updates and compliance with SEBI and NCLT requirements, indicating that value creation is currently dependent on the outcome of the resolution process rather than business performance.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Revenue	0	0	0	0
Operating Profit	-4	-4	-4	-5
OPM %	—	—	—	—
Net Profit	-68	-70	-73	-75
EPS	₹-17.41	₹-17.88	₹-18.64	₹-19.04

The company has reported zero revenue and consistently negative operating profit and net income across all recent quarters, with losses narrowing only marginally over time. Despite the declining trend in losses (from ₹-75 crore to ₹-68 crore in net profit over four quarters), there is no indication of recovery or stabilization in operations. The persistent negative ROCE (-4.2%) and absence of cash flow activity suggest the company is not generating value from operations, and the financial trajectory remains downward without signs of bottoming out or operational turnaround.

🔮 Management Outlook & What's Next

Management has not provided any forward-looking operational or financial guidance, as the company is fully engaged in the insolvency resolution process. Statements from filings focus on procedural updates rather than strategic vision or recovery plans. The absence of business revival commentary or timelines for resolution completion suggests that management's role is currently administrative, with decision-making power limited to supporting the resolution professional and CoC.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

Item	Mar 2023	Mar 2024	Mar 2024	Mar 2025
Equity Capital	39	39	39	39
Reserves	-1,467	-1,591	-1,722	-2,008
Borrowings	1,905	1,989	2,081	2,711
Total Liabilities	886	874	871	857
Fixed Assets	536	528	519	504
Investments	6	6	7	7
Total Assets	886	874	871	857

The balance sheet reflects a highly leveraged and distressed capital structure, with total borrowings of ₹2,711 crore significantly exceeding equity of ₹39 crore and deeply negative reserves of ₹-2,008 crore. Total assets have declined slightly over time, indicating asset erosion or write-downs, while liabilities remain dominant. There is no evidence of capital raising, debt restructuring, or asset sales reported to date, suggesting that financial engineering efforts are minimal and the company's capital base is under severe stress.

💰 Cash Flow Statement (₹ Cr)

Item	Mar 2024
Operating	-0
Investing	+0
Financing	0
Net Cash Flow	-0

👥 Shareholding Pattern

Category	Q4FY21	Q1FY22	Q2FY22
Promoters	46.8%	32.8%	46.8%
FII	0.0%	0.0%	0.0%
DII	2.5%	1.7%	2.5%
Public	46.0%	32.3%	46.1%
# Shareholders	64,115	64,106	64,098

Promoter holding has remained relatively stable at around 46-47% in recent quarters, but FII and DII holdings are negligible (0% and ~1.7-2.5% respectively), indicating minimal institutional interest. The sharp drop in promoter stake from 46.76% in Q2FY22 to 32.76% in Q1FY22 suggests possible dilution or stake sales during earlier phases of distress. With 64,000+ shareholders, the company has a fragmented retail base, but the lack of FII/DII accumulation signals limited investor confidence or access to the stock.

⚖️ Peer Comparison — Consumer Durables

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
LGEINDIA	1.15 L Cr	63.1	33.0%	23.8%	0.00
DIXON	89,949	42.8	84.1%	69.2%	0.07
HAVELLS	77,109	47.2	22.9%	17.3%	0.00
VOLTAS	39,706	88.4	9.9%	6.9%	0.15
BLUESTARCO	30,172	59.3	18.7%	15.0%	0.18
AMBER	26,892	279.5	12.6%	5.4%	0.85
KAYNES	24,676	71.3	16.7%	12.2%	0.31
PGEL	16,496	80.1	11.7%	7.2%	0.11
AVALON	15,809	118.2	26.3%	21.9%	0.23
CROMPTON	15,132	—	-0.7%	-7.2%	0.00

🔗 Peer Stock Analyses

LGEINDIA DIXON HAVELLS VOLTAS BLUESTARCO

⚠️ Risk Factors

1) The unresolved insolvency process with no timeline for completion poses existential risk to shareholder value. 2) Persistent negative cash flows and zero revenue suggest the business may not be viable post-resolution. 3) High leverage and negative net worth increase vulnerability to creditor claims or legal challenges. 4) Lack of operational restart plans raises concerns about long-term survival as an independent entity.

📋 Recent Filings

🧠 Analyst's Read

The company's future hinges entirely on the outcome of the ongoing insolvency resolution process, with no operational or financial recovery indicators currently visible. Investors should monitor CoC meeting outcomes and any signals of resolution plan approval, but significant uncertainty remains regarding creditor recovery rates and potential equity dilution or cancellation.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on VALUEIND

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-01.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when VALUEIND files new disclosures

Track VALUEIND filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track VALUEIND — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd