VRAJ · Vraj Iron and Steel Ltd · Iron & Steel
VRAJ · Vraj Iron and Steel Ltd · Iron & Steel
As of 06 Nov close
52-week range
14.9% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 54 days old
Revenue (latest Q)
₹194 Cr
Revenue YoY
PAT YoY
+51.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1
P/S (TTM)
0.6
Sector P/E
17.3
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| VRAJ (this stock) | 10.7 | 1 | +5.6% | +8.4% | 0.1 | 0.0% |
| JSW Steel | 12.1 | 3.1 | +13.1% | +24.8% | 1.19 | +0.6% |
| Lloyds Metals And Energy | 27.8 | 7.6 | +22.4% | +36.2% | 101.71 | +0.1% |
| Jindal Steel | 39.9 | 2.3 | +4.8% | +5.3% | 0.44 | +0.2% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedVraj Iron and Steel Limited's annual report for FY2025-26 highlights the company's strategic focus on expanding manufacturing capacity, particularly in TMT Bar production and captive power generation. The report emphasizes the company's commitment to long-term growth through capacity expansion, backward integration, and diversification into value-added products. It also notes the company's adherence to corporate governance, internal financial controls, and compliance with regulatory requirements, while avoiding dividend payouts to reinvest in growth initiatives.
- Expansion of TMT Bar manufacturing capacity and captive power generation to enhance operational integration and long-term growth.
- Strategic focus on backward integration through a Greenfield Integrated Steel Project in Bastar, Chhattisgarh, to improve cost competitiveness and manufacturing capacity.
- Diversification into value-added products and energy solutions, including solar power, to strengthen the product portfolio and operational efficiency.
- Emphasis on maintaining strong internal financial controls and corporate governance practices, as evidenced by the audit report affirming the effectiveness of the company's internal control systems.
- Reinvestment of profits into expansion and capital deployment rather than dividend distribution to support future growth and financial stability.
Key takeaway: Vraj Iron and Steel Limited is prioritizing long-term growth through strategic capacity expansion, backward integration, and diversification into value-added products, supported by strong internal controls and reinvestment of profits rather than dividend payouts.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The company's software lacks an audit trail (edit log) feature, which is a material weakness in internal financial controls.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has fixed deposits given as security against bank guarantees, letters of credit, etc., as disclosed in the financial statements.
Earlier (1-3 years ago)
The company has pre-deposits provided against contingent liability, as mentioned in the notes to the standalone financial statements.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company approved a related party transaction involving a personal guarantee of Rs. 400 crore from promoter Mr. Vijay Anand Jhanwar for the company's borrowings from banks and financial institutions.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has statutory dues pending in disputes as of March 31, 2024, including income tax for the years 2017-18 and 2012-13, with disputes pending before the Commissioner of Income Tax (Appeals).