Vraj Iron and Steel
125.40
-2.84(-2.21%)
Market Cap₹413.60 Cr
PE Ratio12.61
Company Performance:
1D-2.21%
1M-7.15%
6M-26.30%
1Y-43.65%
5Y-50.24%
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More news about Vraj Iron and Steel
23Sept 25
Vraj Iron and Steel Limited Hit with Rs 15 Crore Trademark Lawsuit at Bombay High Court
Vraj Iron and Steel Limited has been served with a commercial suit at the Bombay High Court by Vraj Profiles Private Limited. The lawsuit alleges trademark infringement, claiming Vraj Iron and Steel's name is too similar to the plaintiff's. Vraj Profiles is seeking damages of Rs 15 crore. The case has been filed under the Trademark Act, 1999 and Civil Procedure Code 1908. Vraj Iron and Steel has disclosed this litigation to stock exchanges in compliance with SEBI regulations.
18Sept 25
Vraj Iron and Steel Limited Boosts Credit Facilities to Rs. 128 Crores, Focusing on Solar Power Project
Vraj Iron and Steel Limited has increased its total credit facilities from Rs. 70.00 crores to Rs. 128.00 crores, an 82.86% rise. The enhancement includes a new Rs. 38.00 crore Term Loan for a Solar Power Project at their Raipur Steel Unit. This move aims to reduce energy costs, improve operational efficiency, and position their products in the 'green category'. The company's credit structure now comprises Rs. 50.00 crores for Letter of Credit, Rs. 40.00 crores for Cash Credit, and Rs. 38.00 crores for the Term Loan.
11Aug 25
Vraj Iron and Steel Posts Higher Revenue but Lower Profits in Q1
Vraj Iron and Steel reported mixed Q1 financial results. Revenue increased by 21.1% to ₹1.38 billion, but net profit declined by 50.5% to ₹73.30 million. EBITDA decreased by 37.4% to ₹132.00 million, with EBITDA margin contracting from 18.41% to 9.54%. The company faces profitability challenges despite strong sales growth, indicating cost pressures in the steel sector.
09Aug 25
Vraj Iron and Steel Reports Rs. 168.08 Crore IPO Proceeds Utilization, Billet Plant Faces Delays
Vraj Iron and Steel Limited has utilized Rs. 168.08 crore out of Rs. 171.00 crore raised from its IPO. Funds were used for loan repayment (Rs. 70.00 crore), expansion projects (Rs. 59.25 crore), general corporate purposes (Rs. 22.80 crore), and IPO expenses (Rs. 16.01 crore). The Sponge Iron Plant and Captive Power Plant projects are completed, while the Billet Plant faces delays. The company's Q2 2025 financial results show Revenue from Operations at Rs. 1,383.01 crore and Profit After Tax at Rs. 73.26 crore. Remaining Rs. 2.94 crore is in fixed deposits.
09Aug 25
Vraj Iron and Steel Reports 50% Surge in Q1 Profit on Robust Revenue Growth
Vraj Iron and Steel announced impressive Q1 financial results. Standalone revenue grew by 20.7% to Rs. 1,383.01 crores, while consolidated profit after tax increased by 51.4% to Rs. 75.91 crores. EBITDA grew by 26.9% to Rs. 153.35 crores, with the EBITDA margin improving to 11.1%. The strong performance was driven by higher sales volumes and improved realizations in the steel segment. The company operates in the business of manufacturing steel products and has only one reportable operating segment.
27May 25
VRAJ IRON AND STEEL Q4 Results: Revenue Up, Profits Down Amid Margin Pressure
VRAJ IRON AND STEEL's Q4 financial results show a 29.66% year-over-year revenue increase to ₹1.53 billion. However, profitability declined with EBITDA falling to ₹164.80 million and net profit decreasing to ₹100.14 million. The EBITDA margin compressed to 10.77% from 15.31% last year. Despite yearly declines, the company saw quarter-over-quarter improvement in net profit, rising from ₹82.40 million in the previous quarter to ₹100.14 million.
24Mar 25
Vraj Iron and Steel Boosts Energy Capacity with New Power Plant in Chhattisgarh
Vraj Iron and Steel Limited has successfully commissioned a new power plant in Chhattisgarh on March 24, 2025. Located in Village Dighora, near Bilha Mode, Tehsil-Takhatpur, District Bilaspur, the plant's turbine has been synchronized with the State Distribution Grid. The company plans to gradually increase power generation, aiming to enhance energy self-sufficiency and potentially reduce operational costs. This strategic move is expected to improve operational efficiency and strengthen the company's position in the iron and steel industry.
21Feb 25
Vraj Iron Secures 78,000 MT Coal Linkage, Boosting Operational Capabilities
Vraj Iron and Steel Limited has won a coal linkage auction conducted by South Eastern Coalfields Limited, securing 78,000 metric tonnes of coal per annum from five collieries. This long-term fuel supply agreement is expected to enhance operational efficiency, support production capabilities, and improve cost management. The company plans to participate in future auctions, focusing on plants near coal mines.
Vraj Iron and Steel
125.40
-2.84
(-2.21%)
1 Year Returns:-43.65%
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