Vraj Iron & Steel Ltd

Vraj Iron & Steel Ltd

₹ 127 4.07%
29 May - close price
About

Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand -''Vraj''[1]

Key Points

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.

  • Market Cap 420 Cr.
  • Current Price 127
  • High / Low 189 / 93.0
  • Stock P/E 13.1
  • Book Value 126
  • Dividend Yield 0.00 %
  • ROCE 10.5 %
  • ROE 7.89 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.01 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
139 106 115 81 119 115 88 120 153 138 133 146 170
127 84 89 70 101 94 74 109 137 125 120 141 145
Operating Profit 12 22 26 11 18 21 14 11 16 13 13 5 25
OPM % 9% 21% 23% 13% 15% 18% 16% 9% 11% 10% 10% 4% 15%
1 2 2 3 1 1 2 2 1 2 3 2 4
Interest 1 1 1 1 0 0 0 0 0 0 0 1 1
Depreciation 2 1 1 1 1 1 1 2 4 5 5 5 7
Profit before tax 11 22 26 11 17 21 14 11 14 10 10 1 21
Tax % 30% 25% 24% 23% 25% 24% 25% 26% 26% 25% 25% 19% 26%
8 16 20 9 13 16 10 8 10 8 8 1 16
EPS in Rs 15.49 33.03 7.96 3.46 5.19 6.29 3.12 2.50 3.03 2.30 2.35 0.33 4.72
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
291 414 516 420 475 588
263 366 438 343 412 531
Operating Profit 28 48 77 77 63 57
OPM % 10% 12% 15% 18% 13% 10%
2 2 5 8 6 11
Interest 6 4 3 3 2 2
Depreciation 7 7 6 6 8 23
Profit before tax 16 39 72 76 59 43
Tax % 31% 26% 25% 24% 25% 25%
11 29 54 57 44 32
EPS in Rs 22.23 58.05 109.21 23.22 13.37 9.71
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 4%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: -16%
TTM: -27%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -30%
Return on Equity
10 Years: %
5 Years: 20%
3 Years: 15%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 5 5 25 33 33
Reserves 52 82 136 176 364 382
47 44 25 63 2 43
21 20 26 17 18 23
Total Liabilities 126 150 192 281 417 480
64 58 53 48 195 273
CWIP 0 0 0 64 3 7
Investments 13 15 18 23 38 26
49 77 120 146 181 174
Total Assets 126 150 192 281 417 480

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
22 9 63 19 14
-6 -1 -40 -56 -103
-16 -7 -23 36 90
Net Cash Flow 0 0 -0 -0 1
Free Cash Flow 18 7 61 -45 -81
CFO/OP 92% 31% 104% 52% 43%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 9 10 9 10 16 20
Inventory Days 38 37 30 54 54 54
Days Payable 20 9 13 13 9 9
Cash Conversion Cycle 26 38 26 51 62 66
Working Capital Days 6 24 44 40 66 74
ROCE % 36% 51% 37% 18% 11%

Insights

In beta
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales Volume - Sponge Iron
MT ・Standalone data

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Capacity Utilization - MS Billets
% ・Standalone data
Capacity Utilization - TMT Bars
% ・Standalone data
Installed Capacity - MS Billets
MTPA ・Standalone data
Installed Capacity - Sponge Iron
MTPA ・Standalone data
Installed Capacity - TMT Bars
MTPA ・Standalone data
Production Volume - MS Billets
MT ・Standalone data
Production Volume - Sponge Iron
MT ・Standalone data
Production Volume - TMT Bars
MT ・Standalone data
Sales Volume - MS Billets
MT ・Standalone data
Sales Volume - TMT Bars
MT ・Standalone data
Capacity Utilization - Sponge Iron
% ・Standalone data
Captive Consumption - Sponge Iron
MT ・Standalone data
Captive Power Plant Capacity
MW ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96%
0.94% 0.51% 0.53% 0.51% 0.23% 0.22% 0.18%
3.66% 3.66% 3.66% 3.66% 3.66% 3.66% 3.66%
20.45% 20.88% 20.86% 20.87% 21.16% 21.16% 21.21%
No. of Shareholders 39,88041,02040,08039,42438,25836,78635,095

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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