Vraj Iron and Steel logo

Vraj Iron and Steel share price

NSE: VRAJBSE: 544204Ferrous MetalsSmall Cap

Last close ₹120.17down ₹0.80 (0.66%)BSE ₹119.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹120.97.

52-week range of traded prices to 23 Oct 2026
₹93.00Low, 30 Mar 2026₹152.57High, 29 Oct 2025
Market cap
₹396 Cr1,959th largest listed
P/E
11.0
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
8.7%
ROCE
8.1%
Debt to equity
0.10
Volume, NSE
17,60683.2% delivered

Share price

Daily closes since Jul 2024, adjusted for splits and bonuses

−17.2%over a year · Nifty 500 −9.8%

Results20-session average 14,636 shares a day, 65.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹194 Crup 13.88%
Net profit
₹12 Crdown 26.05%
Net margin
5.9%

Revenue by year

Peak revenue ₹588 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 12 FebMar 2025Filed 12 JunJun 2025Filed 9 AugSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 28 MayJun 2026Filed 12 Aug
Revenue88120153138133146170194
Net profit108108811612
Net margin11.8%6.9%6.5%5.5%5.8%0.7%9.1%5.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Steel, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 2% of 247 trading days over the last year.

LowestHighest
Its median12.9Industry median12.9
Price to book

At or below today's level on 14% of 247 trading days over the last year.

LowestHighest
Its median1.0Industry median2.0
EV to EBITDA6.8

At or below today's level on 2% of 247 trading days over the last year.

LowestHighest
Its median7.8Industry median9.1

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−38.3%−27.4%−15.0%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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.95%
  • Foreign institutions0.20%
  • Indian institutions3.69%
  • Individuals and others21.16%
Holder
Gopal Sponge and Power Private LimitedPromoter71.37%
VOLRADO VENTURE PARTNERS FUND IV GAMMAAlternative investment funds3.66%
Vijay Anand JhanwarPromoter3.01%
Kusum Lata MaheshwariPromoter0.58%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 67,10,000 of its 3,29,82,619 shares locked in.

Peers and competitors

Ferrous Metals, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Vraj Iron and Steel in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Prakash Industries logoPrakash IndustriesPRAKASH1,9996.40.64.4−10.6%−12.2%9.1%8.6%1.61%
S.A.L. Steel logoS.A.L. SteelSALSTEEL1,17394.48.045.4−70.2%–13.4%4.6%0.00%
Manaksia Steels logoManaksia SteelsMANAKSTEEL67412.02.18.2+80.8%+283.9%18.2%18.4%0.00%
VISA Chrome logoVISA ChromeVISACHROME4570.4––−15.0%––−17.9%0.00%
Scan Steels logoScan SteelsSCANSTL27911.30.66.5+9.7%+41.0%5.7%7.2%0.00%
Chaman Metallics logoChaman MetallicsCMNL265–2.8–+214.4%−142.7%−4.3%–0.00%
Nilachal Carbo Metalicks logoNilachal Carbo MetalicksNCML25224.02.3–––9.7%–0.00%
Jainam Ferro Alloys (I) logoJainam Ferro Alloys (I)JAINAM23536.11.626.8−7.1%−34.7%4.7%2.9%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

Vraj Iron and Steel share price by year

Each calendar year to 2025.Vraj Iron and Steel share price history

YearClose at year endChangeHighest closeLowest close
2025131.73−39.9%223.84122.28
2024219.17–282.27211.83
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 3 Jul 2024.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026119.05120.95118.00120.17119.7617,60683.2%
22 Oct 2026123.06123.90116.96120.97120.499,59253.1%
21 Oct 2026124.95126.00122.70123.06124.6327,05074.2%
19 Oct 2026125.40127.97124.78124.95125.3619,04577.9%
16 Oct 2026123.61125.19118.40124.78123.7626,67464.3%
15 Oct 2026124.97126.20123.00123.51124.4736,88263.7%
14 Oct 2026121.79122.49118.80121.26120.4012,10773.7%
13 Oct 2026120.47122.58117.10119.39119.9111,98450.1%
12 Oct 2026117.25121.50117.25121.07119.649,06959.1%
9 Oct 2026118.33121.70117.00120.10118.967,33960.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Vraj Iron and Steel Limited
NSE symbol
VRAJ
BSE code
544204
ISIN
INE0S2V01010
Industry
Ferrous Metals
Listed
Jul 2024
Face value
₹10
CIN
L27101CT2004PLC016701
Corporate identity number, the registrar of companies' code for it