Vraj Iron and Steel

Vraj Iron and Steel

Leading low-cost steel manufacturer in Central India with integrated production facilities and advanced quality assurance.

HQ location
Chhattisgarh, India
Website
Launch date
Market cap
$80.4m
Enterprise value
$75m
Share price
INR181.29 VRAJ.NS
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DateInvestorsAmountRound
N/A

€0.0

round
*

$6.1m

Growth Equity non VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
INR20212022202320242025
Revenues00000000000000000000
% growth-42 %25 %(19 %)13 %
EBITDA00000000000000000000
% EBITDA margin10 %12 %16 %20 %14 %
Profit00000000000000000000
% profit margin4 %7 %10 %14 %9 %
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

More about Vraj Iron and Steel
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Vraj Iron And Steel Limited, formerly known as Phil Ispat Pvt. Ltd., is a prominent player in the steel manufacturing industry, primarily serving the Central Indian market. The company operates two state-of-the-art manufacturing units located in Raipur and Bilaspur, Chhattisgarh. These facilities include a Direct Reduced Iron (DRI) unit, Electric Arc Furnace (EAF), continuous billet casting mill, high-speed rolling mill, and fully equipped quality assurance testing laboratories. Vraj Iron And Steel Limited specializes in producing sponge iron, a versatile raw material essential for high-quality steel production, which can be used in both induction and electric arc furnaces. The company has successfully turned around financially distressed units into one of the most cost-efficient steel production operations in the region. Vraj Iron And Steel Limited is in the process of expanding its manufacturing capacities and diversifying into related segments, including captive power plants. The business model focuses on producing and selling various steel products, including MS billets, to a diverse clientele ranging from construction companies to industrial manufacturers. Revenue is generated through the sale of these steel products, leveraging their low-cost production capabilities to maintain competitive pricing.

Keywords: steel manufacturing, sponge iron, MS billets, DRI unit, EAF, rolling mill, quality assurance, cost-efficient, Central India, integrated facilities.

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