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Vraj Iron & Steel

VRAJ NSE
₹126.18 No trade today
P/E
11.59
View as Markdown
MCP
Close 4 Nov 2026 ₹126.18 −16.40 −11.5% 1Y
Start ₹142.58

Key Fundamentals

MicrocapFerrous MetalsMetals & Mining

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
10.50%
Debt to Equity
0.10
EPS (TTM)
₹10.89
Book Value
₹130.31
Market Cap
—
P/E (TTM)
11.59
P/B
0.97
ROE
7.75%
Dividend Yield
0.00%
EBITDA
₹65.40 Cr
52W High
₹148.50
52W Low
₹93.00
Volume
0

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

61 Good

Data confidence 100/100

Category scores

Quality
62
Good
Returns, margins, earnings quality 22% weight
Valuation
56
Good
Cheap vs sector & own history 24% weight
Growth
73
Strong
Sales & profit trajectory 9% weight
Financial Health
83
Strong
Solvency, leverage, coverage 9% weight
Momentum
60
Good
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 0.93 times its book value

Weaknesses

1
  • Though the company is reporting repeated profits, it is not paying out dividend

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish3511
OscillatorsNeutral252
Moving AveragesStrong Bullish109

Key readings

RSI (14)
56.57
Neutral
MACD (12,26,9)
0.40
Bullish
SMA (50)
123.73
Bullish
SMA (200)
123.48
Bullish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+15.11%
3Y+4.45%
1Y+23.79%
TTM+28.86%

Net profit

Net profit growth by window
5Y+23.81%
3Y−16.01%
1Y−27.27%
TTM+2.78%

Operating cash flow

Operating cash flow growth by window
5Y+7.10%
3Y−21.05%
1Y+121.43%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+0.07 pp
3Y−5.23 pp
1Y−3.57 pp
TTM−1.02 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹291 Cr
Mar 2022₹414 Cr
Mar 2023₹516 Cr
Mar 2024₹420 Cr
Mar 2025₹475 Cr
Mar 2026₹588 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹11.00 Cr
Mar 2022₹29.00 Cr
Mar 2023₹54.00 Cr
Mar 2024₹57.00 Cr
Mar 2025₹44.00 Cr
Mar 2026₹32.00 Cr

Quarterly Results

₹ Cr
VRAJ quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
106
115
81
119
115
88
120
153
138
133
146
170
194
Expenses
84
89
70
101
94
74
109
137
125
120
141
145
174
Operating Profit
22
26
11
18
21
14
11
16
13
13
5
25
20
OPM %
21%
23%
13%
15%
18%
16%
9%
11%
10%
10%
3.5%
15%
10%
Other Income
2
2
3
1
0.47
1.19
1.1
1
2
2
2
4
1.59
Interest
1
1
1
0
0
0
0
0
0
0
1
1
1
Depreciation
1
1
1
1
1
1
2
4
5
5
5
7
7
PBT
22
26
11
17
21
13.05
10.33
14
10
10
1
21
15
Tax %
25%
24%
23%
25%
24%
25%
26%
26%
25%
25%
19%
26%
22%
Net Profit
16
20
9
13
16
10
8
10
8
8
1
16
12
EPS (₹)
33.03
7.96
3.46
5.19
6.29
3.12
2.5
3.03
2.3
2.35
0.33
4.72
3.49

Profit & Loss

₹ Cr
VRAJ profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
291
414
516
420
475
588
643
Expenses
263
366
438
343
412
530
580
Operating Profit
28
48
77
77
63
57
63
OPM %
10%
12%
15%
18%
13%
10%
10%
Other Income
2
2
5
8
6
11
12
Interest
6
4
3
3
2
3
3
Depreciation
7
7
6
6
8
23
25
PBT
16
39
72
76
59
43
48
Tax %
31%
26%
25%
24%
25%
25%
—
Net Profit
11
29
54
57
44
32
36
EPS (₹)
22.23
58.05
109
23.22
13.37
9.71
10.89
Div. Payout %
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
VRAJ balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
5
5
5
25
33
33
Reserves
52
82
136
176
364
397
Borrowings
47
44
25
63
2
43
Other Liabilities
21
20
26
17
18
23
Total Liabilities
126
150
192
281
417
496
Fixed Assets
64
58
53
48
195
273
CWIP
0
0
0
64
3
8
Investments
13
15
18
23
38
41
Other Assets
49
77
120
146
181
174
Total Assets
126
150
192
281
417
496

Cash Flow

₹ Cr
VRAJ cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

VRAJ financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%
10%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Vraj Iron & Steel insights

57 extracted metrics across FY21–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 74.95%
  • Public 17.06%
  • Others 4.09%
  • DIIs 3.69%
  • FIIs 0.20%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Vraj Iron & Steel

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''
Where is Vraj Iron & Steel Ltd (VRAJ) listed?
Vraj Iron & Steel Ltd trades as VRAJ on the NSE and under code 544204 on the BSE.
Which sector does Vraj Iron & Steel Ltd belong to?
Vraj Iron & Steel Ltd is classified under the Metals & Mining sector, in the Sponge Iron industry.
What is the PE ratio of Vraj Iron & Steel Ltd?
Vraj Iron & Steel Ltd trades at a PE ratio of 11.59 as of 4 Nov 2026, on earnings per share of ₹10.89, against a book value of ₹130.31 per share.
What is the 52-week high and low of Vraj Iron & Steel Ltd?
Over the last 52 weeks Vraj Iron & Steel Ltd has traded between ₹93 and ₹148.5 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Vraj Iron & Steel Ltd?
Vraj Iron & Steel Ltd reported a return on equity of 7.75%. Its debt-to-equity ratio is 0.10.

Company Information

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

Website vrajtmt.in
Listed 3 Jul 2024
Face Value ₹10

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