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Vaswani Industries Limited

Vaswani Industries Limited

NSE: VASWANI
SteelBasic MaterialsSMALL CAPMCap ₹139.0 Cr
₹42.13₹-1.62 (-3.70%)

Market Closed • NSE

Market cap₹139.0 Cr
Enterprise value₹406.3 Cr
P/B0.91
EPS TTM₹-0.04
D/E1.85
Dividend yield0.00%
Face value₹10.00
52W high₹69.99
52W low₹41.90
Price chart(1Y)
1Y Return:-27.39% (₹15.89)
H: ₹61.5L: ₹41.9
1W-2.07%
1M-5.56%
3M-20.24%
6M-25.43%
1Y-24.86%
Today at a glance

Day range

₹41.90₹44.41

52 week range

₹41.90₹69.99
Volume32.4K0.97x 20D avg
Free float50.00%-2.90% volume

Vaswani Industries Limited closed at INR42.13 (-3.7%) on volume 0.97x its 20-day average, trading 39.81% below its 52-week high.

Technical analysis
RSI (14)34.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹2.06High
SMA 20₹44.40BEARISH
SMA 50₹46.64BEARISH
SMA 100₹50.92BEARISH
SMA 200₹53.46BEARISH
CPR bottom₹44.75
Pivot₹44.42
CPR top₹44.08
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +167.7% QoQ

2024-09-13

AGM Announced

Annual General Meeting

2021-09-20

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹277.0 Cr₹139.0 Cr199.24%≤ 33%FAIL
Non-halal income ratio–₹467.4 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹503.6 Cr₹508.3 Cr99.08%≥ 20%PASS
Receivables ratio–₹508.3 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E—21.90
Forward P/E——
P/B0.912.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield—4.60
Growth & profitability
RevenuePAT
FY23PAT margin 1.50%
FY24PAT margin 2.30%
FY25PAT margin 2.10%
FY26PAT margin 0.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+6.30%
Revenue CAGR 5Y—
PAT CAGR 3Y-19.10%
PAT CAGR 5Y—
Operating margin8.56%
Net margin-0.01%
Financial health & cash flow
Net debt₹272.3 CrModerate
Interest coverage1.80xEBIT / interest
CFO / PAT3.81x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹18.3 Cr
Capital expenditure–
Free cash flow₹-21387.6 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation50/100
Profitability50/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 3.81x over last 3 years

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 1.85x

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.00%Institutional holding
37.95%Public holding
5Periods available
0.00%Promoter pledged
14.57KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—13 Sept 2024
—Annual General MeetingAnnual General Meeting—20 Sept 2021
—Annual General MeetingAnnual General Meeting—22 Sept 2020
—Annual General MeetingAnnual General Meeting—20 Sept 2019
—Annual General MeetingAnnual General Meeting—19 Oct 2018
—Annual General MeetingAnnual General Meeting—20 Sept 2017
—Extraordinary General MeetingExtraordinary General Meeting—27 Apr 2017
—Annual General MeetingAnnual General Meeting—15 Sept 2016
—Annual General MeetingAnnual General Meeting—03 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)71.63%+13.42% latest vs average
Highest delivery90.12%on 14 Oct
Average volume (20D)33.4KTrading-session average
Conviction trendStrengthening+13.42% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Vaswani Industries Limited
Vaswani Industries Limited

Incorporated in 2003, Vasvani Industries Ltd is in the business of Iron & Steel and Power Generation[1]

IndiaBasic Materials

Questions investors ask
Is Vaswani Industries Limited Shariah compliant?

Vaswani Industries Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (199.24%) exceeds AAOIFI threshold (≤ 33%).

What is Vaswani Industries Limited's current valuation relative to peers?

Vaswani Industries Limited trades at a P/E of N/A compared to the sector median of 21.9x, and a Price-to-Book of 0.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.85x. Interest coverage is 1.8x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.