Vraj Iron and Steel Limited

Vraj Iron and Steel Limited (VRAJ) is a micro-cap Metals & Mining company valued at ₹412 crore operating in Sponge Iron on the NSE and BSE.

Recent price move

Vraj Iron and Steel Limited last traded at ₹123.88, modestly up 0.30% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing improved revenue and net profit compared to the same period last year. The company has not paid any dividends despite reporting profits, which may indicate a focus on reinvestment or liquidity management.

Financial performance

The company's annual revenue rose 23.8% to ₹588 crore, but net profit fell 27.3% to ₹32 crore. The latest quarter saw revenue jump 40.5% to ₹194 crore and net profit rise 43.9% to ₹12 crore, outperforming the same quarter a year earlier. However, the net profit margin narrowed to 5.4% from 9.3% in the prior year, and return on equity remains at 0.0%.

Valuation multiples

The stock trades at 7.2 times earnings, 0.97 times book value.

Things to watch

The company's net profit margin has declined by 3.8 percentage points, and return on equity remains at 0.0%, indicating poor profitability relative to equity. The stock is 21.8% below its 52-week high, and the company has not distributed any dividends to shareholders despite reporting profits.

Where it stands

Vraj Iron And Steel Ltd reported higher revenue and net profit in the latest quarter, but annual net profit fell 27.3% despite revenue growth. The stock is trading 21.8% below its 52-week high, and the company has not paid dividends to shareholders. The most significant figure is the latest quarter net profit, which rose 43.9% compared to the same quarter a year earlier.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.