Vraj Iron & Steel Ltd

Vraj Iron & Steel Ltd

₹ 224 -1.68%
04 Nov - 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 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Dec 2023 Mar 2024 Jun 2024
139 106 81 119 115
127 84 70 101 94
Operating Profit 12 22 11 18 21
OPM % 9% 21% 13% 15% 18%
1 2 3 1 1
Interest 1 1 1 0 0
Depreciation 2 1 1 1 1
Profit before tax 11 22 11 17 21
Tax % 30% 25% 23% 25% 24%
8 16 9 13 16
EPS in Rs 15.49 33.03 3.46 5.19 6.29
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

18 Recently
Sep 2024
74.96%
0.94%
3.66%
20.45%
No. of Shareholders 39,880

* 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.

Documents