Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
VRAJ IRON AND STEEL LTD

VRAJ IRON AND STEEL LTD

NSE: VRAJ
SteelBasic MaterialsSMALL CAPMCap ₹411.6 Cr
₹124.78₹1.27 (+1.03%)

Market Closed • NSE

Market cap₹411.6 Cr
Enterprise value₹444.1 Cr
P/E TTM11.46
P/B0.96
EPS TTM₹10.89
D/E9.92
Dividend yield0.00%
52W high₹152.57
52W low₹93.00
Price chart(1Y)
1Y Return:+3.78% (+₹4.55)
H: ₹148.5L: ₹112
1W+3.06%
1M+0.64%
3M-5.50%
6M-4.60%
1Y-15.36%
Today at a glance

Day range

₹118.40₹125.19

52 week range

₹93.00₹152.57
Volume26.5K1.75x 20D avg
Free float50.00%+75.00% volume

VRAJ IRON AND STEEL LTD closed at INR124.78 (+1.03%) on volume 1.75x its 20-day average, trading 18.21% below its 52-week high.

Technical analysis
RSI (14)54.6Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹4.50High
SMA 20₹123.68BULLISH
SMA 50₹123.51BULLISH
SMA 100₹123.44BULLISH
SMA 200₹124.01BULLISH
CPR bottom₹124.60
Pivot₹124.24
CPR top₹123.87
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +1319.1% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹42.6 Cr₹411.6 Cr10.36%≤ 33%PASS
Non-halal income ratio–₹587.9 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹495.2 Cr₹495.5 Cr99.93%≥ 20%PASS
Receivables ratio–₹495.5 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E11.4621.90
Forward P/E——
P/B0.962.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield8.704.60
Growth & profitability
RevenuePAT
FY23PAT margin 10.50%
FY24PAT margin 13.70%
FY25PAT margin 9.30%
FY26PAT margin 5.40%

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

Revenue CAGR 3Y+4.50%
Revenue CAGR 5Y—
PAT CAGR 3Y-16.00%
PAT CAGR 5Y—
Operating margin6.40%
Net margin5.58%
Financial health & cash flow
Net debt₹42.3 CrModerate
Interest coverage15.90xEBIT / interest
CFO / PAT0.48x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹31.1 Cr
Capital expenditure–
Free cash flow₹-7401.6 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
Overall73/100
Valuation75/100
Profitability50/100
Financial health95/100

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

Low Debt Profile: Debt-to-Equity is comfortable at 0.10x

Attractive Valuation: P/E of 11.5x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

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.

Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)63.12%+1.16% latest vs average
Highest delivery82.46%on 30 Sept
Average volume (20D)15.2KTrading-session average
Conviction trendStrengthening+1.16% 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 VRAJ IRON AND STEEL LTD
VRAJ IRON AND STEEL LTD

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.

IndiaBasic Materials

Questions investors ask
Is VRAJ IRON AND STEEL LTD Shariah compliant?

VRAJ IRON AND STEEL LTD is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (10.36%) complies with AAOIFI threshold (≤ 33%).

What is VRAJ IRON AND STEEL LTD's current valuation relative to peers?

VRAJ IRON AND STEEL LTD trades at a P/E of 11.5x compared to the sector median of 21.9x, and a Price-to-Book of 1.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.10x. Interest coverage is 15.9x.

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.