Vraj Iron & Steel Ltd
Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand -''Vraj''[1]
- Market Cap ₹ 739 Cr.
- Current Price ₹ 224
- High / Low ₹ 297 / 210
- Stock P/E 13.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 36.5 %
- ROE 33.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.2%
Cons
* 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
Sector: Steel Industry: Steel - Sponge Iron
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
291 | 414 | 516 | 420 | |
263 | 366 | 438 | 343 | |
Operating Profit | 28 | 48 | 77 | 77 |
OPM % | 10% | 12% | 15% | 18% |
2 | 2 | 5 | 8 | |
Interest | 6 | 4 | 3 | 3 |
Depreciation | 7 | 7 | 6 | 6 |
Profit before tax | 16 | 39 | 72 | 76 |
Tax % | 31% | 26% | 25% | 24% |
11 | 29 | 54 | 57 | |
EPS in Rs | 22.23 | 58.05 | 109.21 | 23.22 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 73% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 25 |
Reserves | 52 | 82 | 136 | 176 |
47 | 44 | 25 | 63 | |
21 | 20 | 26 | 17 | |
Total Liabilities | 126 | 150 | 192 | 281 |
64 | 58 | 53 | 48 | |
CWIP | 0 | 0 | 0 | 64 |
Investments | 13 | 15 | 18 | 23 |
49 | 77 | 120 | 146 | |
Total Assets | 126 | 150 | 192 | 281 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
22 | 9 | 63 | 19 | |
-6 | -1 | -40 | -56 | |
-16 | -7 | -23 | 36 | |
Net Cash Flow | 0 | 0 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 9 | 10 | 9 | 10 |
Inventory Days | 38 | 37 | 30 | 54 |
Days Payable | 20 | 9 | 13 | 13 |
Cash Conversion Cycle | 26 | 38 | 26 | 51 |
Working Capital Days | 28 | 46 | 55 | 49 |
ROCE % | 36% | 51% | 37% |
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulation 2015
8 Oct - Vraj Iron and Steel signs LTA with NMDC for iron ore.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Submission of confirmation certificate for Q2 2024.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 3 Oct
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
3 Oct - Results of Remote E-voting and AGM resolutions approved.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - Proceedings of the 20th Annual General Meeting.
History[1] Vraj Iron and Steel Limited (formerly Phil Ispat Pvt Ltd) is a subsidiary of Gopal Sponge and Power Private Limited (GSPPL), involved in steel and power. In FY12, GSPPL acquired 74% stake in Phil Ispat, incorporated in 2004, and renamed it Vraj Iron and Steel Limited (VISL) in November 2023.