Vraj Iron & Steel Ltd (VRAJ) — shareholding pattern, promoter holding, financials and share price
About Vraj Iron & Steel Ltd (VRAJ)
Vraj Iron & Steel Ltd operates in the Sponge Iron industry, within the Metals & Mining sector. It trades on the NSE as VRAJ and on the BSE under scrip code 544204. Its ISIN is INE0S2V01010.
Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand -' 'Vraj'' [1]
Vraj Iron & Steel Limited is a public company specializing in the production of Sponge Iron, M.S. Billets, and TMT bars under the 'Vraj' brand.
The company operates through two major manufacturing plants located in Raipur and Bilaspur, Chhattisgarh, with a significant proposed capacity expansion plan underway.
Listed peers in Sponge Iron: KIOCL Ltd, S.A.L Steel Ltd, Chaman Metallics Ltd, Vaswani Industries Ltd, Bihar Sponge Iron Ltd, Shri Hare-Krishna Sponge Iron Ltd.
Valuation & Returns
10 Jul 2026At ₹117.1 a share on 10 Jul 2026, Vraj Iron & Steel Ltd (VRAJ) was valued at a price-to-earnings ratio of 12.07x against an industry P/E of 24.95x and a price-to-book of 0.97x on a book value of ₹120.35 per share as of Mar 2025. Solomo computes return on equity of 8.06% and return on capital employed of 11.27% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 12.07x
- Industry P/E
- 24.95x
- P/B
- 0.97x
- EPS (TTM)
- ₹9.71
- Book value / share
- ₹120.35
- ROE
- 8.06%
- ROCE
- 11.27%
- ROA
- 7.67%
- Debt / equity
- 0.01x
- Dividend yield
- 0%
- EBITDA margin
- 11.55%
- 52-week range
- ₹93.05 – ₹174.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Vraj Iron & Steel Ltd (VRAJ) reported revenue of ₹588 crore, net profit of ₹32 crore and earnings per share of ₹9.71. That compares with revenue of ₹475 crore and net profit of ₹44 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹170 crore and net profit ₹16 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 414 | 516 | 420 | 475 | 588 |
| Net profit (₹ cr) | 29 | 54 | 57 | 44 | 32 |
| EPS (₹) | 58.05 | 109.21 | 23.22 | 13.37 | 9.71 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 5.72% | 13.14% |
| Profit growth | 15.00% | -23.20% |
| Stock price CAGR | - | -14% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.95% of Vraj Iron & Steel Ltd (VRAJ) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.19% and domestic institutional investors (DII) hold 3.69%. Market capitalisation was ₹386 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2024.
Largest disclosed public shareholders in Jun 2026: VOLRADO VENTURE PARTNERS FUND IV GAMMA 3.66%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.95% | - | 0.19% | 3.69% | 25.05% |
| Mar 2026 | 74.95% | - | 0.18% | 3.66% | 25.05% |
| Dec 2025 | 74.95% | - | 0.22% | 3.66% | 25.05% |
| Sep 2025 | 74.95% | - | 0.23% | 3.66% | 25.05% |
| Jun 2025 | 74.95% | - | 0.51% | 3.66% | 25.05% |
| Mar 2025 | 74.96% | - | 0.52% | 3.66% | 25.04% |
| Dec 2024 | 74.96% | - | 0.51% | 3.66% | 25.04% |
| Sep 2024 | 74.95% | - | 0.94% | 4.49% | 25.05% |