



Metals & Mining | Small Cap
Vraj Iron & Steel Ltd demonstrates a mixed financial performance. The company shows strong solvency and coverage capabilities, indicating a solid foundation in managing its long-term financial obligations. Growth prospects are promising, driven by substantial asset and operating profit increases, although earnings per share have faced recent declines. Profitability is a notable strength, supported by high returns on capital employed and assets. However, liquidity and efficiency metrics suggest areas needing attention. The financial ratios reflect both strengths and weaknesses, with strong capital expenditure management offset by lower earnings per share and book value. While displaying robust profitability and growth potential, the company needs to focus on enhancing its liquidity and operational efficiency to ensure sustained financial health. Future performance will depend on addressing these imbalances and capitalizing on growth opportunities in the metals and mining sector.
Vraj Iron & Steel Ltd demonstrates a mixed financial performance. The company shows strong solvency and coverage capabilities, indicating a solid foundation in managing its long-term financial obligations. Growth prospects are promising, driven by substantial asset and operating profit increases, although earnings per share have faced recent declines. Profitability is a notable strength, supported by high returns on capital employed and assets. However, liquidity and efficiency metrics suggest areas needing attention. The financial ratios reflect both strengths and weaknesses, with strong capital expenditure management offset by lower earnings per share and book value. While displaying robust profitability and growth potential, the company needs to focus on enhancing its liquidity and operational efficiency to ensure sustained financial health. Future performance will depend on addressing these imbalances and capitalizing on growth opportunities in the metals and mining sector.
Overall Valuation Score
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0.00
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Last Traded Time
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Price Movement Indicator
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P/E RATIO (TTM)
13.71
Industry Median
16.97
Small Cap Median
15.56
P/E RATIO
12.63
P/B RATIO
0.97
Industry Median
1.76
Small Cap Median
1.34
P/S RATIO
0.70
Industry Median
1.32
Small Cap Median
1.30
Others
PEG RATIO
0.53
EV/EBITDA RATIO
6.50
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹122.66 as on Aug 26, 2026.
The company demonstrates mixed growth performance. Asset and operating profit growth rates are strong, indicating successful expansion and operational improvements. However, revenue growth is at zero, which may indicate a lack of sales. Earnings per share and net income growth show negative trends. The company should focus on sustaining asset and operating profit growth while addressing the factors affecting revenue, earnings, and net income.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 42.27 | 24.64 | -18.6 | 13.1 | 23.79 |
| Operating Profit Growth Rate | 71.43 | 60.42 | 0 | -18.18 | -9.52 |
| Earnings Per Share (EPS) Growth | 161.13 | 88.13 | -78.74 | -42.42 | -27.37 |
| Asset Growth Rate | 19.05 | 28 | 46.35 | 48.4 | 15.11 |
| Net Income Growth Rate | 163.64 | 86.21 | 5.56 | -22.81 | -27.27 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | INCREDIBLE | 8.20 | 13.94 | Highly Undervalued | 23.00 | 2.46 | 12.00 |
| 2 | MANAKSTEEL | 7.33 | 14.29 | Neutral | 77.00 | 5.82 | 40.00 |
| 3 | OWAIS | 7.02 | 125.66 | Neutral | 7.00 | 0.91 | 2.00 |
| 4 | CMNL | 6.88 | -66.07 | Neutral | 40.00 | -1.73 | -4.00 |
| 5 | VRAJ | 6.05 | 12.63 | Undervalued | 57.00 | 8.95 | 32.00 |
| 6 | SALSTEEL | 5.72 | -2878.00 | Neutral | 15.00 | -0.02 | N/A |
| 7 | SHAH | 5.03 | 26.33 | Neutral | 2.00 | 0.11 | 12.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Annual Report⬤2nd Sep 25
Annual Report for the Financial Year 2024-25
NEUTRAL SENTIMENT
No Stock News Available at This Moment.
Vraj Iron & Steel Ltd. is an integrated steel manufacturer based in Raipur, Chhattisgarh, primarily engaged in the production of Sponge Iron, MS (Mild Steel) Billets, and TMT (Thermo Mechanically Treated) Bars. The company caters to the infrastructure and construction sectors, focusing on backward and forward integration to optimize its manufacturing processes and product portfolio.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Vraj Iron & Steel Ltd's P/E ratio (TTM) is 13.71, compared to the industry median of 16.97 and large cap median of 15.56.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Vraj Iron & Steel Ltd's P/B ratio is 0.97, compared to the industry median of 1.76 and large cap median of 1.34.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Vraj Iron & Steel Ltd's P/S ratio is 0.70, compared to the industry median of 1.32 and large cap median of 1.30.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Vraj Iron & Steel Ltd's PEG ratio is 0.53.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Vraj Iron & Steel Ltd's EV/EBITDA ratio is 6.50.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Vraj Iron & Steel Ltd's ROE is 7.71%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Vraj Iron & Steel Ltd's ROA is 11.88%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Vraj Iron & Steel Ltd's ROCE is 11%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Vraj Iron & Steel Ltd's operating margin is 9.69%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Vraj Iron & Steel Ltd's net margin is 5.44%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Vraj Iron & Steel Ltd's current ratio is 5.79.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Vraj Iron & Steel Ltd's debt-to-equity ratio is 0.09.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Vraj Iron & Steel Ltd's interest coverage ratio is 22.50.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Vraj Iron & Steel Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Vraj Iron & Steel Ltd's EPS is -27.37.
(Source line: "Ratios as of 26 Aug 2026, based on last traded price of ₹122.66. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 2004
Headquarters: Raipur, Chhattisgarh
Core Offerings: Sponge Iron, MS Billets, TMT Bars, Wire Rods
Stock Listing: NSE (VRAJ), BSE (544204)
Promoter: Agrawal Family (led by Mr. Gopal Prasad Agrawal and Mr. Vinod Kumar Agrawal)
Incorporated in 2004, Vraj Iron & Steel Ltd. began commercial operations in 2009. Over the years, the company expanded its production capacities and diversified its product portfolio to become an integrated steel manufacturer. A significant milestone was its Initial Public Offering (IPO) in June 2024, with shares listing on both NSE and BSE.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Sponge Iron | N/A (Captive & External Sales) | Operating Profit |
| MS Billets | N/A (Captive & External Sales) | Operating Profit |
| TMT Bars & Wire Rods | N/A (External Sales) | Operating Profit |
Sponge Iron: Manufacturing of Sponge Iron, a direct reduced iron, used as a primary metallic input for their steel melting shop, with excess capacity sold to external markets.
MS Billets: Production of Mild Steel (MS) Billets from melted sponge iron and scrap, serving as an intermediate product for further rolling into finished steel or for external sales.
TMT Bars & Wire Rods: Conversion of MS Billets into finished Thermo Mechanically Treated (TMT) Bars and Steel Wire Rods, catering to the construction and infrastructure sectors.
Mr. Gopal Prasad Agrawal, Chairman & Whole-time Director: A seasoned entrepreneur with extensive experience in the steel industry, instrumental in establishing and growing Vraj Iron & Steel. Mr. Vinod Kumar Agrawal, Managing Director: Holds significant experience in operations and management within the steel sector, overseeing the company's day-to-day functions.
No major subsidiaries reported.
Initial Public Offering (IPO) in June 2024.
The Vraj Iron & Steel Ltd share price today is ₹122.66 on NSE (VRAJ), as of 27 Aug 2026.
As of 26 Aug 2026, Vraj Iron & Steel Ltd share price is ₹122.66, with previous close ₹122.66. Today's range is ₹122.66 to ₹122.66. The 52-week range is ₹122.66 to ₹122.66.
As of today, Vraj Iron & Steel Ltd's market cap is ₹412.14 crore (Small Cap).
Vraj Iron & Steel Ltd's current P/E ratio is 13.71, compared to the METALS & MINING sector average of 21.50.
Vraj Iron & Steel Ltd's current P/B ratio is 0.97.
Vraj Iron & Steel Ltd's current dividend yield is N/A. Last dividend of ₹0.00 per share was declared on N/A.
Vraj Iron & Steel Ltd's EPS (TTM) is ₹-27.37.
Vraj Iron & Steel Ltd. is an integrated steel manufacturer based in Raipur, Chhattisgarh, primarily engaged in the production of Sponge Iron, MS (Mild Steel) Billets, and TMT (Thermo Mechanically Treated) Bars. The company caters to the infrastructure and construction sectors, focusing on backward and forward integration to optimize its manufacturing processes and product portfolio.
Vraj Iron & Steel Ltd is promoted by Agrawal Family (led by Mr. Gopal Prasad Agrawal and Mr. Vinod Kumar Agrawal), holding 74.95% as of 26 Aug 2026.
Vraj Iron & Steel Ltd is listed on NSE (VRAJ) and BSE (544204). Its next quarterly results are expected on August 2024 (for Q1 FY25).