1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Vaswani Industries Limited

Vaswani Industries Limited

40.75
INR
+0.57
(+1.42%)
-0.02EPS
1.75BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
80.71
88.93
82.89
85.17
79.11
106.26
117.47
104.78
124.81
130.62
129.78
134.57
144.43
145.25
Basic EPS, GAAP
0.01
0.4
0.4
0.59
1.5
0.39
-0.84
1.35
1.47
2
3.01
2.81
1.31
-0.02
Free Cash Flow per Basic Share
2.19
7.68
2.57
1.14
0.95
2.44
2.84
9.23
-0.64
9.72
7.35
-30.57
-66.1
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
29.05
28.88
29.75
28.77
28.84
30.86
32.6
34.12
35.61
37.55
40.55
43.86
45.56
- -
Tangible Book Value per Share
29.05
28.88
29.75
28.77
28.84
30.86
32.6
34.12
35.61
37.55
40.55
43.86
45.56
- -
Basic Weighted Avg Shares
28
29
29
30
30
30
30
30
30
30
30
31
32
32
Sales/Revenue/Turnover
2,264
2,548
2,375
2,555
2,373
3,188
3,524
3,143
3,744
3,919
3,893
4,116
4,674
4,709
Operating Margin (%)
4.3
4.35
4.01
4.24
4.65
3.97
2.47
4.48
4.4
4.54
4.74
5.48
6.62
6.93
Depreciation Expense
55
65
57
57
54
52
54
43
37
37
38
44
94
119
Net Income, GAAP
- -
12
12
18
45
12
-25
41
44
60
90
86
42
-1
Effective Tax Rate (%)
96.79
- -
15.26
- -
- -
64.84
1,639.14
21.02
38.76
44.07
26.71
34.66
69.72
100.47
Profit Margin (%)
0.01
0.45
0.49
0.69
1.9
0.36
-0.72
1.29
1.18
1.53
2.32
2.09
0.91
-0.01
Working Capital
63
116
85
78
163
270
305
444
403
571
698
548
415
- -
LT Debt
119
76
34
36
67
113
89
75
149
96
147
1,093
2,185
- -
Total Equity
833
827
852
863
865
926
978
1,024
1,068
1,126
1,217
1,375
1,501
- -
Return on Invested Capital (%)
0.02
- -
0.9
- -
- -
3
-86.91
7.44
6.03
6.15
8.57
5.46
2.57
- -
Return on Capital (%)
0.25
- -
6.08
- -
- -
2.92
-93.61
6.95
5.83
6.45
8.75
6.17
2.65
- -
Return on Common Equity (%)
0.04
1.39
1.37
2.06
5.22
1.3
-2.65
4.06
4.23
5.48
7.71
6.64
2.95
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
585
- -
LT Borrowings
- -
2,185
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
31
Market Capitalization
2,072
1,645
1,750

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,538
- -
Cash, Cash Equivalents & STI
- -
162
- -
Accounts Receivable, Net
- -
151
- -
Inventories
- -
822
- -
Total Current Liabilities
- -
1,123
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
585
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.88%
8%
9.18%
Free Cash Flow
-182.7%
-431.05%
128.69%
Net Income, GAAP
-40.49%
7.93%
-50.68%
Sales/Revenue/Turnover
7.69%
8.48%
13.54%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
917
1,022
1,023
1,154
4,116
2026
1,143
850
1,242
1,439
4,674
2027
1,178
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.84
0.78
0.58
0.65
2.81
2026
1.75
0.42
-2.48
1.67
1.31
2027
0.35
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yashwant Ravi Vaswani
Full Time Employees
335
Sector
Non-energy minerals
Industry
Steel
Address
Bahesar Road Raipur CT India 493221
IPO Date
Sep 20, 2011
Website
vaswaniindustries.com
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Business
Vaswani Industries Limited is an India-based manufacturer and trader of iron and steel products, primarily engaged in producing sponge iron, steel billets, forging ingots, HB wires, alloy ingots, billets and blooms; it also generates captive power and operates in real estate and agri divisions. Incorporated in 2003 and headquartered in Raipur, Chhattisgarh, the company maintains production facilities in the Siltara Industrial Area near Sondra village, serving markets across central India as the largest sponge iron producer in the region; its value-added offerings encompass induction furnace products, rolling mill outputs including thermo-mechanically treated bars, and forging and casting items. Recent developments include the expansion of billet manufacturing capacity from 66,000 MT to 150,000 MT per annum completed in June 2025 with trial runs underway pending Consent to Operate, alongside upgrades for special grade steel production; preferential allotments of equity shares to promoters in 2025 raised funds fully utilized for a 30 MW solar power plant development. The company pursues renewable energy growth through solar projects totaling 66.50 MWp in Chhattisgarh, with the 16.25 MWp Gandai facility fully operational, the 13.75 MWp Mohbhatta project nearing completion by late November 2025 despite weather delays, and the 36.25 MWp Mohbhatta site advancing with Union Bank of India financing toward November-December 2025 operations; it divested stakes in former associates Shubh Infrastructures Limited and C.G. Ispat Private Limited in 2024-2025, resulting in no subsidiaries, associates or joint ventures as of March 31, 2025.