About
Vraj Iron and Steel Limited engages in the manufacture and sale of sponge iron, MS billets, TMT bars and others related items under the Vraj brand primarily in India. It sells its products directly, as well as through brokers and dealers to industrial customers and end-users. The company was incorporated in 2004 and is based in Raipur, India. Vraj Iron and Steel Limited is a subsidiary of Gopal Sponge and Power Private Limited.
Key Metrics
as of Sep 2026Market Cap402 Cr
P/E11.20
Div Yield0.00 %
Book Value₹130.00
52w High₹160.00
52w Low₹93.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 193.83 | 170.21 | 146.43 | 132.98 | 138.31 | 153.01 | 119.88 | 87.55 | 114.60 | 118.54 | 80.60 | 115.04 | 105.68 |
| Expenses | 173.96 | 145.30 | 141.26 | 119.57 | 125.08 | 136.64 | 108.69 | 73.97 | 93.52 | 100.62 | 69.86 | 88.99 | 83.91 |
| Operating Profit | 19.87 | 24.91 | 5.17 | 13.41 | 13.23 | 16.37 | 11.19 | 13.58 | 21.08 | 17.92 | 10.74 | 26.05 | 21.77 |
| OPM % | 10.25 | 14.63 | 3.53 | 10.08 | 9.57 | 10.70 | 9.33 | 15.51 | 18.39 | 15.12 | 13.33 | 22.64 | 20.60 |
| Other Income | 1.59 | 2.45 | 2.20 | 2.00 | 2.03 | 1.07 | 1.10 | 1.19 | 0.47 | 0.93 | 1.27 | 1.18 | 1.04 |
| Depreciation | 7.46 | 6.96 | 5.44 | 5.24 | 5.22 | 3.68 | 1.57 | 1.39 | 1.30 | 1.46 | 1.48 | 1.45 | 1.45 |
| Interest | 0.99 | 0.82 | 0.68 | 0.38 | 0.24 | 0.32 | 0.39 | 0.34 | 0.50 | 0.49 | 0.71 | 0.64 | 0.60 |
| Profit before tax | 13.01 | 19.58 | 1.25 | 9.79 | 9.80 | 13.44 | 10.33 | 13.04 | 19.75 | 16.90 | 9.82 | 25.14 | 20.76 |
| Tax % | 25.21 | 28.40 | 20.00 | 26.66 | 25.20 | 26.34 | 27.49 | 25.92 | 25.16 | 25.38 | 26.07 | 24.94 | 25.82 |
| Net Profit | 9.73 | 14.02 | 1.00 | 7.18 | 7.33 | 9.90 | 7.50 | 9.66 | 14.78 | 12.60 | 7.26 | 18.86 | 15.40 |
| EPS in Rs | 2.95 | 4.25 | 0.30 | 2.18 | 2.22 | 3.00 | 2.27 | 2.93 | 5.98 | 5.10 | 2.94 | 7.63 | 31.15 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Sales | 588.00 | 475.00 | 420.00 | 516.00 | 402.00 | 284.00 |
| Expenses | 530.00 | 412.00 | 343.00 | 438.00 | 354.00 | 256.00 |
| Operating Profit | 57.00 | 63.00 | 77.00 | 77.00 | 48.00 | 28.00 |
| OPM % | 10.00 | 13.00 | 18.00 | 15.00 | 12.00 | 10.00 |
| Other Income | 9.00 | 4.00 | 4.00 | 2.00 | 0.00 | 0.00 |
| Interest | 3.00 | 2.00 | 3.00 | 3.00 | 4.00 | 6.00 |
| Depreciation | 23.00 | 8.00 | 6.00 | 6.00 | 7.00 | 7.00 |
| Profit before tax | 40.00 | 57.00 | 73.00 | 69.00 | 37.00 | 15.00 |
| Tax % | 27.00 | 26.00 | 25.00 | 26.00 | 26.00 | 33.00 |
| Net Profit | 30.00 | 42.00 | 54.00 | 51.00 | 28.00 | 10.00 |
| EPS in Rs | 8.95 | 12.68 | 21.89 | 103.37 | 55.62 | 19.68 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Equity Capital | 33.00 | 33.00 | 25.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 382.00 | 351.00 | 164.00 | 130.00 | 78.00 | 51.00 |
| Borrowings | 43.00 | 2.00 | 63.00 | 25.00 | 43.00 | 46.00 |
| Other Liabilities | 23.00 | 18.00 | 17.00 | 26.00 | 20.00 | 22.00 |
| Total Liabilities | 480.00 | 405.00 | 269.00 | 186.00 | 146.00 | 123.00 |
| Fixed Assets | 273.00 | 195.00 | 48.00 | 53.00 | 56.00 | 62.00 |
| CWIP | 8.00 | 3.00 | 64.00 | 0.00 | 0.00 | 0.00 |
| Investments | 26.00 | 25.00 | 11.00 | 12.00 | 11.00 | 11.00 |
| Other Assets | 174.00 | 181.00 | 146.00 | 120.00 | 78.00 | 50.00 |
| Total Assets | 480.00 | 405.00 | 269.00 | 186.00 | 146.00 | 123.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 31.00 | 14.00 | 19.00 | 63.00 | 7.00 | 24.00 |
| Cash from Investing Activity | -70.00 | -103.00 | -56.00 | -40.00 | -1.00 | -6.00 |
| Cash from Financing Activity | 38.00 | 90.00 | 36.00 | -23.00 | -6.00 | -16.00 |
| Net Cash Flow | -1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 2.00 |
| Free Cash Flow | -74.00 | -81.00 | -45.00 | 61.00 | 6.00 | 20.00 |
| CFO/OP % | 68.00 | 43.00 | 52.00 | 104.00 | 15.00 | 86.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 20.00 | 16.00 | 10.00 | 9.00 | 11.00 | 9.00 |
| Inventory Days | 54.00 | 54.00 | 54.00 | 30.00 | 39.00 | 39.00 |
| Days Payable | 9.00 | 9.00 | 13.00 | 13.00 | 10.00 | 21.00 |
| Cash Conversion Cycle | 66.00 | 62.00 | 51.00 | 26.00 | 40.00 | 27.00 |
| Working Capital Days | 74.00 | 66.00 | 40.00 | 44.00 | 24.00 | 5.00 |
| ROCE % | 10.00 | 18.00 | 37.00 | 51.00 | 37.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
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Credit Ratings
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Rating update26 Feb from care
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Rating update9 Jan from care
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Rating update10 Jan 2025 from care
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Rating update5 Jan 2024 from care