Vaswani Industries Ltd
Incorporated in 2003, Vasvani Industries Ltd is in the business of Iron & Steel and Power Generation[1]
- Market Cap ₹ 201 Cr.
- Current Price ₹ 61.0
- High / Low ₹ 70.1 / 42.1
- Stock P/E 47.4
- Book Value ₹ 45.6
- Dividend Yield 0.00 %
- ROCE 8.76 %
- ROE 2.95 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.26% over past five years.
- Company has a low return on equity of 6.23% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 255 | 238 | 255 | 237 | 319 | 352 | 314 | 374 | 390 | 389 | 412 | 467 | |
| 237 | 221 | 239 | 221 | 301 | 339 | 296 | 355 | 369 | 366 | 385 | 427 | |
| Operating Profit | 18 | 16 | 16 | 16 | 18 | 14 | 18 | 19 | 21 | 22 | 27 | 40 |
| OPM % | 7% | 7% | 6% | 7% | 5% | 4% | 6% | 5% | 5% | 6% | 7% | 9% |
| 1 | 1 | 0 | 0 | 1 | 2 | 0 | 1 | 2 | 2 | -1 | 1 | |
| Interest | 11 | 9 | 9 | 9 | 10 | 10 | 9 | 9 | 9 | 8 | 8 | 18 |
| Depreciation | 6 | 6 | 6 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 9 |
| Profit before tax | 1 | 1 | 2 | 3 | 3 | 0 | 5 | 7 | 11 | 12 | 13 | 14 |
| Tax % | -5% | 15% | -7% | -78% | 65% | 1,681% | 21% | 39% | 44% | 27% | 35% | 70% |
| 1 | 1 | 2 | 5 | 1 | -3 | 4 | 4 | 6 | 9 | 9 | 4 | |
| EPS in Rs | 0.40 | 0.40 | 0.59 | 1.50 | 0.39 | -0.84 | 1.35 | 1.47 | 2.00 | 3.01 | 2.74 | 1.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 1% |
| 3 Years: | -11% |
| TTM: | -61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 35% |
| 3 Years: | 41% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 31 | 33 |
| Reserves | 54 | 57 | 56 | 57 | 63 | 68 | 72 | 77 | 83 | 92 | 106 | 117 |
| 47 | 45 | 42 | 48 | 51 | 53 | 42 | 53 | 36 | 33 | 156 | 277 | |
| 31 | 32 | 31 | 36 | 55 | 45 | 53 | 57 | 53 | 34 | 68 | 81 | |
| Total Liabilities | 161 | 163 | 160 | 171 | 198 | 196 | 197 | 217 | 201 | 189 | 362 | 508 |
| 66 | 67 | 62 | 57 | 54 | 59 | 56 | 54 | 51 | 52 | 112 | 335 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 67 | 9 |
| Investments | 7 | 7 | 7 | 2 | 7 | 7 | 7 | 7 | 7 | 7 | 2 | 3 |
| 88 | 88 | 91 | 111 | 137 | 129 | 133 | 156 | 143 | 126 | 180 | 162 | |
| Total Assets | 161 | 163 | 160 | 171 | 198 | 196 | 197 | 217 | 201 | 189 | 362 | 508 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24 | 18 | 4 | 4 | 9 | 10 | 29 | -0 | 30 | 31 | 34 | 18 | |
| -2 | -8 | -0 | -1 | -2 | -1 | -1 | -2 | -1 | -9 | -134 | -158 | |
| -22 | -10 | -9 | -3 | -7 | -8 | -21 | 2 | -26 | -11 | 122 | 111 | |
| Net Cash Flow | 1 | 1 | -5 | -0 | 1 | 1 | 7 | 1 | 4 | 11 | 22 | -29 |
| Free Cash Flow | 22 | 11 | 3 | 3 | 7 | 9 | 28 | -2 | 29 | 22 | -93 | -156 |
| CFO/OP | 139% | 115% | 24% | 23% | 54% | 71% | 156% | -0% | 140% | 147% | 132% | 50% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 34 | 38 | 63 | 49 | 56 | 62 | 49 | 46 | 17 | 7 | 12 |
| Inventory Days | 50 | 75 | 59 | 67 | 94 | 89 | 69 | 48 | 59 | 54 | 73 | 88 |
| Days Payable | 47 | 50 | 49 | 55 | 76 | 68 | 52 | 47 | 42 | 23 | 47 | 51 |
| Cash Conversion Cycle | 45 | 59 | 48 | 76 | 67 | 76 | 79 | 50 | 62 | 49 | 34 | 48 |
| Working Capital Days | 10 | 5 | 11 | 25 | 30 | 31 | 42 | 31 | 42 | 44 | 9 | 20 |
| ROCE % | 9% | 8% | 8% | 9% | 9% | 7% | 10% | 11% | 13% | 13% | 11% | 9% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Captive Thermal Power Generation Units |
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| Installed Capacity - MS Billet MT |
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| Installed Capacity - Sponge Iron MT |
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| Installed Power Capacity MW |
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| Production Volume - MS Billet MT |
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| Production Volume - Sponge Iron MT |
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| Active Solar Power Capacity MWp |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Outcome for Outcome Of The Board Meeting Held On June 4, 2026
1d - Board approved postal ballot for preferential equity issue and reappointed cost auditor for FY2026-27.
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Board Meeting Intimation for To Consider Seeking Shareholders'' Approval
1 Jun - Board meets June 4, 2026 to seek approval for proposed preferential allotment of equity shares.
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Board Meeting Outcome for Please Find Attached Outcome Of Board Meeting For Financial Result And Fund Raising
31 May - Board approved audited FY26 results and preferential issue of 16.45 lakh shares at Rs.60 each, raising Rs.9.87 crore.
- PFA Result 30 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Submitted Annual Secretarial Compliance Report for FY 2025-26 under Regulation 24A.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
VIL is a part of the Vaswani group of companies. It manufactures Induction Furnace, Sponge Iron, Power, Mild Steel Billet, Rolling Mill, Forgings & Casting