Vraj Iron & Steel Ltd

Vraj Iron & Steel Ltd

₹ 172 2.67%
20 Jun - 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 567 Cr.
  • Current Price 172
  • High / Low 297 / 132
  • Stock P/E 12.9
  • Book Value 120
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 14.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.6%

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
139 106 115 81 119 115 88 120 153
127 84 89 70 101 94 74 109 137
Operating Profit 12 22 26 11 18 21 14 11 16
OPM % 9% 21% 23% 13% 15% 18% 16% 9% 11%
1 2 2 3 1 1 2 2 1
Interest 1 1 1 1 0 0 0 0 0
Depreciation 2 1 1 1 1 1 1 2 4
Profit before tax 11 22 26 11 17 21 14 11 14
Tax % 30% 25% 24% 23% 25% 24% 25% 26% 26%
8 16 20 9 13 16 10 8 10
EPS in Rs 15.49 33.03 7.96 3.46 5.19 6.29 3.12 2.50 3.03
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
291 414 516 420 475
263 366 438 343 413
Operating Profit 28 48 77 77 62
OPM % 10% 12% 15% 18% 13%
2 2 5 8 6
Interest 6 4 3 3 2
Depreciation 7 7 6 6 8
Profit before tax 16 39 72 76 59
Tax % 31% 26% 25% 24% 25%
11 29 54 57 44
EPS in Rs 22.23 58.05 109.21 23.22 13.37
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 5%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 15%
TTM: -23%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 27%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
22 9 63 19 14
-6 -1 -40 -56 -103
-16 -7 -23 36 90
Net Cash Flow 0 0 -0 -0 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 9 10 9 10 16
Inventory Days 38 37 30 54 54
Days Payable 20 9 13 13 9
Cash Conversion Cycle 26 38 26 51 62
Working Capital Days 28 46 55 49 66
ROCE % 36% 51% 37% 18%

Shareholding Pattern

Numbers in percentages

Sep 2024Dec 2024Mar 2025
74.96% 74.96% 74.96%
0.94% 0.51% 0.53%
3.66% 3.66% 3.66%
20.45% 20.88% 20.86%
No. of Shareholders 39,88041,02040,080

* 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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