Vraj Iron & Steel Ltd Stock Price Today (NSE: VRAJ)

Vraj Iron & Steel Ltd

125.730.64 (0.51%)
Market Closed

Fundamental Score

...

Vraj Iron & Steel Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Vraj Iron & Steel Ltd share price today is 125.73, down 0.51% on NSE/BSE as of 19 June 2026. Vraj Iron & Steel Ltd (VRAJ) is a Small-cap company in the Sponge Iron sector with a market capitalisation of 437.69 (Cr). The 52-week high for VRAJ share price is 183.00 and the 52-week low is 93.00. At a P/E ratio of 13.03x, VRAJ is currently trading above its industry average P/E of 13.03x. The company has a Return on Equity (ROE) of 14.76% and a debt-to-equity ratio of 0.06.

Vraj Iron & Steel Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
137.08
Low
116.80
Volume
17.7K
Change
-8.30%

Vraj Iron & Steel Ltd share price chart: -8.30% return over the past month. 52-week high ₹183.00, 52-week low ₹93.00.

Vraj Iron & Steel Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
127.30127.30125.20125.7316.59K (Cr)
130.03130.99125.81126.3733.51K (Cr)
134.50134.50126.17127.4864.42K (Cr)
122.49122.49122.49122.490.00 (Cr)
126.00126.00121.30122.4925.18K (Cr)
124.80125.00121.03122.479.74K (Cr)
123.41124.79121.30123.7913.70K (Cr)
122.00123.97120.00123.4113.40K (Cr)
121.60123.96120.00120.8023.98K (Cr)
120.43120.43118.50119.8321.44K (Cr)

Vraj Iron & Steel Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
130.03130.99125.20125.73-3.31%
128.40134.80116.80127.48-0.72%
100.49137.0899.86128.40+27.77%
120.63124.9993.0094.67-21.52%
126.76137.45121.00126.84+0.06%
133.70144.00119.00123.83-7.38%
135.00136.69121.00131.73-2.42%
148.47148.47132.25134.29-9.55%
147.64155.75141.25147.78+0.09%
147.45159.99145.00145.47-1.34%
165.91172.20145.57147.26-11.24%
180.92182.39162.25164.62-9.01%

AI Research Briefing

Powered by Gemini · 2026-04-10

Small sponge iron player, ride the cycle, but watch the exit.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation, 1M: -9.93%, 3M: -9.59%, 6M: -24.43% [cite: brief]Fair, P/E and Industry P/E are both at 13.03x [cite: brief]

WHAT'S HAPPENING NOW (last 2-4 weeks)

Vraj Iron is 35% compared to its previous close. Recent news includes the closure of the trading window. The company also announced the commencement of commercial operations of a new induction furnace unit.

CORE STORY (THE REAL GAME)

Sponge iron play riding India's steel demand. Not a high-quality compounder, but a cyclical bet on infrastructure and industrial growth.

Why Now
  • India's steel demand is expected to rise 8.5–9% in FY 2025–26
  • Commencement of commercial operations of new induction furnace unit
  • Government support for steel industry
Potential Catalysts
  • Significant infrastructure project announcements
  • Increase in steel prices
  • Order wins
Key Risks
  • Micro/SME cap liquidity risk
  • Cyclical steel demand
  • Negative free cash flow
Institutional Activity

FII decreased stake by 0.28% [cite: brief]

Macro Context

India's infrastructure push is a tailwind, but global steel slowdown is a headwind.

Cash Flow Quality

No, Free Cash Flow 5Y: ₹-39.12 Cr [cite: brief]

3–6 Month Outlook

Near-term dependent on infrastructure spending and steel prices. Long-term growth tied to India's industrialization.

Primary Thesis Risk

Cyclical steel demand and microcap liquidity can crush you.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

14.76%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

18.36%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

13.85%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Vraj Iron & Steel Ltd Valuation Check

Average

Price to Earnings (P/E)

13.03x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

13.03x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

74.95%

% shares held by company founders/management

Poor

FII Holding

0.23%

% shares held by foreign institutional investors

Poor

DII Holding

3.66%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-24.68%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

51.89%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.06x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

34.86x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-39.12 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Vraj Iron & Steel Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of VRAJ across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Excellent ROCE Performance (18.36%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Revenue Growth (51.89%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.06)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (34.86x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (74.95%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Profit Decline Concern (-24.68%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Negative Free Cash Flow (₹-39.12 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 3.89%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Vraj Iron & Steel Ltd vs Sponge Iron Peers

Peer Comparison - Sponge Iron

Compare Vraj Iron & Steel Ltd with 6 other companies in the same sector

7 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
38.7/100
126
₹437.69
13.0
Average
14.76%
Average
18.36%
Good
0.1
Excellent
0.00%
30.6/100
416
₹21414.17
-11.27%
Poor
-9.48%
Poor
0.1
Excellent
-21.15%
Poor
0.00%
0/100
57
₹400.50
-5.62%
Poor
7.05%
Poor
6.0
Poor
5.94%
Good
0.00%
36.7/100
124
₹337.89
318.8
Average
10.29%
Average
4.37%
Poor
4.6
Poor
21.53%
Excellent
24.31%
Excellent
0.00%
30/100
54
₹177.40
13.7
Average
8.48%
Poor
11.07%
Average
1.8
Average
44.24%
Excellent
3.15%
Average
0.00%
22.7/100
14
₹111.41
12.2
Average
11.38%
Average
60.51%
Excellent
0.00%
34.4/100
41
₹108.43
12.0
Average
13.34%
Average
16.05%
Good
0.2
Excellent
0.00%

Vraj Iron & Steel Ltd PE Ratio History

Historical price-to-earnings ratio for VRAJ — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202514.28₹131.739.2x
FY 202417.41₹219.1712.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Vraj Iron & Steel Ltd Quarterly Performance

Latest quarterly metrics for VRAJ — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

51.89%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-24.68%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Vraj Iron & Steel Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for VRAJ — calculated from daily price history

26RSI 14
Oversold — RSI 26

Selling pressure is heavy — potential reversal zone.

SMA 50
121
▲ Price above SMA 50 — Short-term bullish
SMA 200
136
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
25K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Vraj Iron & Steel Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Vraj Iron & Steel Ltd (VRAJ) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Vraj Iron & Steel Ltd

About VRAJ (Vraj Iron & Steel Ltd)

Vraj Iron & Steel Ltd is a dynamic Indian enterprise deeply rooted in the core of the nation’s infrastructure development. Specializing in the production of vital steelmaking compo...nents, VRAJ has become a prominent name in the manufacture of sponge iron, a crucial ingredient for steel production. The company’s portfolio extends beyond sponge iron to include MS billets and high-strength TMT bars, all marketed under the reputable Vraj brand. VRAJ operates primarily within the Indian market, channeling its products through a diversified distribution network that encompasses direct sales, brokers, and dealers. These strategic channels ensure that Vraj's offerings reach a broad spectrum of industrial customers and end-users, contributing to the advancement of India’s construction and manufacturing sectors. VRAJ’s operational base is strategically located in Raipur, India, a region renowned for its rich mineral resources and industrial activity. From this central hub, the company orchestrates its manufacturing processes and distribution strategies. Vraj Iron & Steel Ltd prides itself on delivering quality products that meet the evolving demands of the construction and engineering sectors. This commitment to quality, combined with a customer-centric approach, has enabled VRAJ to build strong and lasting relationships with its clientele. Through consistent innovation and a focus on sustainable practices, VRAJ strives to solidify its position as a leading provider of essential steel products in the Indian market. Established in 2004, Vraj Iron & Steel Ltd has steadily grown under the experienced guidance and support of its parent company, Gopal Sponge and Power Private Limited. This affiliation provides VRAJ with access to valuable resources and expertise, fostering a culture of continuous improvement and expansion. The company's dedication to excellence is evident in its adherence to stringent quality standards and its proactive approach to environmental responsibility. As India’s infrastructure continues to evolve, Vraj Iron & Steel Ltd remains committed to providing the fundamental materials that fuel this progress, building a stronger and more resilient nation, one steel component at a time.

Company Details

Symbol:VRAJ
Industry:Sponge Iron
Sector:Sponge Iron

Key Leadership

Mr. Vijay Anand Jhanwar
Chairman & MD
Mr. Shriram Verma
Chief Financial Officer
Ms. Priya Namdeo
Compliance Officer & Company Secretary

VRAJ Share Price: Frequently Asked Questions

What is the current share price of Vraj Iron & Steel Ltd?

Vraj Iron & Steel Ltd (VRAJ) trades at ₹125.73 on NSE and BSE. Market cap ₹437.69 (Cr). Educational data only.

What is the P/E ratio of Vraj Iron & Steel Ltd?

Vraj Iron & Steel Ltd has a P/E of 13.03x vs industry average 13.03x.

What is the Bull Run score for Vraj Iron & Steel Ltd?

Vraj Iron & Steel Ltd has a Bull Run score of 38.7/100 based on 25+ financial parameters.

Does Vraj Iron & Steel Ltd pay dividends?

Vraj Iron & Steel Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Vraj Iron & Steel Ltd?

Vraj Iron & Steel Ltd has ROE of 14.76%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Vraj Iron & Steel Ltd?

Vraj Iron & Steel Ltd has debt-to-equity of 0.06.

Is Vraj Iron & Steel Ltd a good investment?

Bull Run gives Vraj Iron & Steel Ltd a score of 38.7/100. This is not investment advice — consult a SEBI-registered advisor.