Vaswani Industries share price
NSE: VASWANIBSE: 533576Ferrous MetalsSmall Cap
Last close ₹41.65up ₹1.02 (2.51%)BSE ₹42.16
Share price at the NSE close on 23 Oct 2026. Previous close ₹40.63.
52-week range of traded prices to 23 Oct 2026
₹39.00Low, 21 Oct 2026₹69.99High, 12 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹137 Cr2,475th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 Jul 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 0.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 7.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 15 Jul 2026
- 1.85
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,82,07949.8% delivered
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 14 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹118 Crdown 18.14%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1.16 Crdown 78.40%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 1.0%
Revenue by year
Peak revenue ₹467 Cr, year to Mar 2026
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 1 of the 10 years shown
| ₹ crore | Sep 2024Filed 15 Nov | Dec 2024Filed 16 Feb | Mar 2025Filed 13 Jun | Jun 2025Filed 14 Aug | Sep 2025Filed 15 Nov | Dec 2025Filed 28 Feb | Mar 2026Filed 15 Jul | Jun 2026Filed 14 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 102 | 102 | 115 | 114 | 85 | 124 | 144 | 118 |
| Net profit | 2 | 2 | 2 | 5 | 1 | −8 | 5 | 1 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 2.3% | 1.7% | 1.7% | 4.8% | 1.6% | −6.4% | 3.7% | 1.0% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, standalone.Segment revenue and profit
- Iran & Steel (Including other Income)Iran & Steel (Including other Income), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹428 Cr91.4%
- Power (Including Other Income)Power (Including Other Income), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹40 Crup 86.65%8.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Not shown, P/E: loss, last twelve months. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 71% of 1,909 trading days since Nov 2018.
LowestHighest
Its median0.6Industry median2.0
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.8.9
At or below today's level on 72% of 1,909 trading days since Nov 2018.
LowestHighest
Its median5.5Industry median8.8
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +42.4% | −53.1% | +203.5% | 0.0% |
| 3 years | +35.8% | −13.2% | +56.4% | 0.0% |
| 5 years | +38.2% | −0.6% | +39.0% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.
Peers and competitors
Ferrous Metals, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Vaswani Industries in market cap.
Vaswani Industries is not on the chart: it has no P/E today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Chaman MetallicsCMNL | 265 | – | 2.8 | – | +214.4% | −142.7% | −4.3% | – | 0.00% |
 Nilachal Carbo MetalicksNCML | 252 | 24.0 | 2.3 | – | – | – | 9.7% | – | 0.00% |
 Jainam Ferro Alloys (I)JAINAM | 235 | 36.1 | 1.6 | 26.8 | −7.1% | −34.7% | 4.7% | 2.9% | 0.00% |
 Nagpur Power & IndustriesNAGPI | 168 | – | 2.0 | – | +30.6% | −206.4% | −3.2% | −2.7% | 0.00% |
 Owais Metal and Mineral ProcessingOWAIS | 124 | 75.0 | 1.1 | – | −42.4% | −96.5% | 1.5% | – | 0.00% |
 KIC MetaliksKAJARIR | 105 | 32.4 | 0.6 | 6.8 | +24.5% | – | 1.8% | 5.0% | 0.00% |
 Bihar Sponge IronBIHSPONG | 104 | 8.9 | – | – | −42.7% | +32.5% | – | −20.4% | 0.00% |
 Shyam Century FerrousSHYAMCENT | 97 | – | 0.6 | – | −91.5% | – | −3.6% | −10.8% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
23 Oct · Board meeting
Sep 2026
Vaswani Industries share price by year
Each calendar year to 2025.Vaswani Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 62.79 | +24.9% | 67.87 | 34.44 |
| 2024 | 50.28 | +75.2% | 68.95 | 29.40 |
| 2023 | 28.70 | +53.9% | 33.95 | 18.15 |
| 2022 | 18.65 | +4.2% | 36.80 | 16.30 |
| 2021 | 17.90 | +184.1% | 18.80 | 6.05 |
| 2020 | 6.30 | +23.5% | 6.60 | 2.45 |
| 2019 | 5.10 | −56.8% | 12.50 | 4.35 |
| 2018 | 11.80 | −33.7% | 21.15 | 8.50 |
| 2017 | 17.80 | +92.4% | 23.00 | 8.40 |
| 2016 | 9.25 | +72.9% | 13.25 | 5.60 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 41.07 | 43.85 | 39.15 | 41.65 | 41.72 | 1,82,079 | 49.8% |
| 22 Oct 2026 | 40.69 | 41.50 | 40.00 | 40.63 | 40.53 | 16,326 | 76.8% |
| 21 Oct 2026 | 41.59 | 41.89 | 39.00 | 39.94 | 40.19 | 31,273 | 69.4% |
| 19 Oct 2026 | 42.00 | 42.70 | 40.70 | 41.27 | 41.59 | 9,463 | 84.0% |
| 16 Oct 2026 | 44.41 | 44.41 | 41.90 | 42.13 | 42.65 | 32,443 | 85.1% |
| 15 Oct 2026 | 43.70 | 46.00 | 43.50 | 43.75 | 44.61 | 27,777 | 84.6% |
| 14 Oct 2026 | 43.70 | 45.50 | 43.00 | 44.57 | 44.39 | 16,849 | 90.1% |
| 13 Oct 2026 | 43.00 | 44.25 | 42.80 | 43.70 | 43.38 | 26,446 | 69.7% |
| 12 Oct 2026 | 43.50 | 43.75 | 42.52 | 43.02 | 43.06 | 8,209 | 68.8% |
| 9 Oct 2026 | 42.46 | 44.18 | 42.46 | 43.74 | 43.60 | 7,019 | 45.8% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 29 Sep 2011 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- Legal name
- Vaswani Industries Limited
- NSE symbol
- VASWANI
- BSE code
- 533576
- ISIN
- INE590L01019
- Industry
- Ferrous Metals
- Listed
- Sep 2011
- Face value
- ₹10
- CIN
- L28939CT2003PLC015964
- Corporate identity number, the registrar of companies' code for it