Vraj Iron and Steel Limited (NSE:VRAJ)

Vraj Iron and Steel Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	56.86	10.96	2.5	2.64	2.78
Short-Term Investments	2.91	348.15	369.4	50	-
Cash & Short-Term Investments	59.77	359.11	371.9	52.64	2.78
Cash Growth	-83.36%	-3.44%	606.50%	1793.53%	157.41%
Accounts Receivable	325.21	211.9	115.27	128.96	118.34
Other Receivables	-	0.34	25.76	2.47	3.66
Receivables	325.43	212.47	141.37	487.34	122.57
Inventory	676.21	507.42	418.72	317.1	319.3
Prepaid Expenses	-	5.95	4.41	3.69	1.28
Other Current Assets	392.38	299.32	164.78	233.62	283.03
Total Current Assets	1,454	1,384	1,101	1,094	728.96
Property, Plant & Equipment	2,806	1,984	1,115	531.46	580.83
Long-Term Investments	412.61	379.13	231.39	179.98	154.65
Other Intangible Assets	0.96	0.96	-	-	-
Other Long-Term Assets	282.13	425.43	357.89	109.56	43.3
Total Assets	4,955	4,173	2,805	1,915	1,508

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	110.48	80.74	102.45	134.98	78.99
Accrued Expenses	10.65	33.36	18.19	56.68	42.08
Short-Term Debt	-	7.1	95.74	58.13	167.1
Current Portion of Long-Term Debt	70.76	-	9.89	91.79	87.12
Current Portion of Leases	1.57	1.57	1.57	1.57	1.57
Current Income Taxes Payable	1.71	7.34	11.88	36.71	34.43
Current Unearned Revenue	-	0.2	0.19	0.1	9.42
Other Current Liabilities	8.17	0.01	-0.01	-0.01	0.01
Total Current Liabilities	203.34	130.32	239.9	379.95	420.72
Long-Term Debt	339.91	-	511.33	79.91	170.92
Long-Term Leases	14.14	14.14	14.14	14.14	14.15
Pension & Post-Retirement Benefits	10.12	9.19	8.76	6.78	5.32
Long-Term Deferred Tax Liabilities	89.81	50.47	27.67	25.45	25.25
Other Long-Term Liabilities	-	-	0.01	0.01	-0.01
Total Liabilities	657.32	204.12	801.81	506.24	636.35

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	329.83	329.83	247.22	49.44	49.44
Additional Paid-In Capital	-	1,616	172.83	172.83	172.83
Retained Earnings	-	2,008	1,565	1,189	648.07
Comprehensive Income & Other	3,968	15.7	18.64	-1.72	1.05
Shareholders' Equity	4,298	3,969	2,003	1,409	871.39
Total Liabilities & Equity	4,955	4,173	2,805	1,915	1,508

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	426.38	22.81	632.67	245.54	440.86
Net Cash (Debt)	-366.61	336.3	-260.77	-192.9	-438.08
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-11.11	10.89	-10.55	-7.80	-17.72
Filing Date Shares Outstanding	32.98	32.98	24.72	32.98	24.72
Total Common Shares Outstanding	32.98	32.98	24.72	24.72	24.72
Working Capital	1,250	1,254	861.28	714.44	308.24
Book Value Per Share	130.31	120.35	81.04	57.00	35.25
Tangible Book Value	4,297	3,968	2,003	1,409	871.39
Tangible Book Value Per Share	130.28	120.32	81.04	57.00	35.25
Land	-	31.13	14.65	14.65	14.65
Buildings	-	209.73	116.33	116.33	116.33
Machinery	-	2,256	814.55	807.47	794.6
Construction In Progress	-	33.06	636.52	1.94	1.94

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 26, 2026

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