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Vaswani Industries Limited

Vaswani Industries Limited

40.75
INR
+0.57
(+1.42%)
-0.02EPS
1.75BMarket Cap
Vaswani Industries Limited
BSE:VASWANI
(Bombay Stock Exchange)

Recent

price

40.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
90.92
88.32
82.33
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
Revenue per Share
3.1
0.44
-4.37
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
Basic EPS, GAAP
-11.55
-11.28
-2.93
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
- -
Free Cash Flow per Basic Share
0.21
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
26.87
35.37
30
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
- -
Book Value per Share
26.87
35.37
30
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
16
25
26
28
29
29
30
30
30
30
30
30
30
30
31
32
32
Basic Weighted Avg Shares
1,454
2,201
2,144
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
Sales/Revenue/Turnover
10.12
4.94
-4.77
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
Operating Margin (%)
47
52
52
55
65
57
57
54
52
54
43
37
37
38
44
94
119
Depreciation Expense
50
11
-114
- -
12
12
18
45
12
-25
41
44
60
90
86
42
-1
Net Income, GAAP
29.94
42.1
- -
96.79
- -
15.26
- -
- -
64.84
1,639.14
21.02
38.76
44.07
26.71
34.66
69.72
100.47
Effective Tax Rate (%)
3.41
0.5
-5.31
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
Profit Margin (%)
-267
271
50
63
116
85
78
163
270
305
444
403
571
698
548
415
- -
Working Capital
117
171
131
119
76
34
36
67
113
89
75
149
96
147
1,093
2,185
- -
LT Debt
453
919
819
833
827
852
863
865
926
978
1,024
1,068
1,126
1,217
1,375
1,501
- -
Total Equity
5.55
1.06
- -
0.02
- -
0.9
- -
- -
3
-86.91
7.44
6.03
6.15
8.57
5.46
2.57
- -
Return on Invested Capital (%)
5.55
1.06
- -
0.25
- -
6.08
- -
- -
2.92
-93.61
6.95
5.83
6.45
8.75
6.17
2.65
- -
Return on Capital (%)
11.56
1.59
-13.09
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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.