Vraj Iron & Steel Ltd
VRAJ NSE
Vraj Iron & Steel Ltd
Metals & MiningNSE: VRAJ BSE: 544204 Sponge Iron
Key Fundamentals
MicrocapSponge IronMetals & MiningMarket Cap
₹423 Cr
Volatility
Moderate
P/E Ratio
12.92
EBITDA
₹56.72 Cr
Return on Equity
11.11%
Debt to Equity
0.1
Book Value
₹125.74
EPS
₹17.16
52W High
₹163.8
52W Low
₹93
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Vraj Iron & Steel Ltd insights
29 extracted metrics + investor summaries across FY21–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Stock is trading at 1.00 times its book value
Weaknesses
1- Though the company is reporting repeated profits, it is not paying out dividend
Growth Rate
Revenue Growth
22.76% ↗
Net Income Growth
-18.87% ↘
Cash Flow Change
-29.03% ↘
ROE
-61.24% ↘
ROCE
-51.11% ↘
EBITDA Margin (Avg.)
-31.33% ↘
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 139 | 106 | 115 | 81 | 119 | 115 | 88 | 120 | 153 | 138 | 133 | 146 | 170 |
| Expenses | 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% | 3.5% | 15% |
| Other Income | 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 |
| PBT | 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% |
| Net Profit | 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 | 2.5 | 3.03 | 2.3 | 2.35 | 0.33 | 4.72 |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 291 | 414 | 516 | 420 | 475 | 588 |
| Expenses | 263 | 366 | 438 | 343 | 412 | 531 |
| Operating Profit | 28 | 48 | 77 | 77 | 63 | 57 |
| OPM % | 10% | 12% | 15% | 18% | 13% | 10% |
| Other Income | 2 | 2 | 5 | 8 | 6 | 11 |
| Interest | 6 | 4 | 3 | 3 | 2 | 2 |
| Depreciation | 7 | 7 | 6 | 6 | 8 | 23 |
| PBT | 16 | 39 | 72 | 76 | 59 | 43 |
| Tax % | 31% | 26% | 25% | 24% | 25% | 25% |
| Net Profit | 11 | 29 | 54 | 57 | 44 | 32 |
| EPS in Rs | 22.23 | 58.05 | 109 | 23.22 | 13.37 | 9.71 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| 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 |
| Borrowings | 47 | 44 | 25 | 63 | 2 | 43 |
| Other Liabilities | 21 | 20 | 26 | 17 | 18 | 23 |
| Total Liabilities | 126 | 150 | 192 | 281 | 417 | 480 |
| Fixed Assets | 64 | 58 | 53 | 48 | 195 | 273 |
| CWIP | 0 | 0 | 0 | 64 | 3 | 7 |
| Investments | 13 | 15 | 18 | 23 | 38 | 26 |
| Other Assets | 49 | 77 | 120 | 146 | 181 | 174 |
| Total Assets | 126 | 150 | 192 | 281 | 417 | 480 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Operating | 22 | 9 | 63 | 19 | 14 | 31 |
| Investing | -6 | -1 | -40 | -56 | -103 | -70 |
| Financing | -16 | -7 | -23 | 36 | 90 | 38 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 | -1 |
| Free Cash Flow | 18 | 7 | 61 | -45 | -81 | -74 |
| CFO/OP | 92 | 31 | 104 | 52 | 43 | 68 |
Ratios
| 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% |
Documents
2
Board Meeting Intimation for Approval Of Audited Financial Results For The Quarter And Year Ended 31St March, 2026.
5 May - Board meeting on May 14, 2026 to approve audited standalone and consolidated results for year ended March 31, 2026. 5 May - Board meeting on May 14, 2026 to approve audited standalone and consolidated results for year ended March 31, 2026.
3
Closure of Trading Window
5 May - Trading window closed until May 16, 2026; board meets May 14 for audited FY26 results. 5 May - Trading window closed until May 16, 2026; board meets May 14 for audited FY26 results.
5
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
13 Apr - Electricity duty exemption granted for captive solar power at Siltara Division from December 17, 2025. 13 Apr - Electricity duty exemption granted for captive solar power at Siltara Division from December 17, 2025.
Frequently Asked Questions about Vraj Iron & Steel Ltd
What does Vraj Iron & Steel Ltd do?
Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand -''Vraj''[1]
Where is Vraj Iron & Steel Ltd (VRAJ) listed?
Vraj Iron & Steel Ltd is listed on the Indian stock exchanges. It is listed on NSE: VRAJ and BSE: 544204. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Vraj Iron & Steel Ltd belong to?
Vraj Iron & Steel Ltd operates in the Metals & Mining sector within the Sponge Iron industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Vraj Iron & Steel Ltd?
Vraj Iron & Steel Ltd has a market capitalisation of approximately ₹423.04 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Vraj Iron & Steel Ltd?
The Price-to-Earnings (PE) ratio of Vraj Iron & Steel Ltd is 12.92. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Vraj Iron & Steel Ltd?
Over the past 52 weeks, Vraj Iron & Steel Ltd has traded between a low of ₹93 and a high of ₹163.8. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Vraj Iron & Steel Ltd?
Vraj Iron & Steel Ltd has a Return on Equity (ROE) of 11.11%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Vraj Iron & Steel Ltd on Tapetide?
On Tapetide, you can view Vraj Iron & Steel Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand -''Vraj''[1]