In ₹ Crore except Per Share Latest Annual	SALSTEEL FY26	VRAJ FY26	VASWANI FY26	KIOCL FY26	Peer Average
Valuation — at last close
P/E	—	◆ 12.37×	31.68×	1196.30×	413.45×
P/B	◆ 0.78×	0.92×	0.91×	11.42×	4.42× -82%
EV/EBITDA	31.93×	7.60×	9.91×	◆ -651.02×	-211.17× +115%
Market Cap	₹115 Cr	₹396 Cr	₹137 Cr	₹19,823 Cr	₹6,785 Cr -98%
Growth
Revenue CAGR 3Y	-25.21%	—	◆ 6.05%	-26.48%	-10.21% -147%
Revenue CAGR 5Y	-7.17%	—	◆ 8.26%	-23.77%	-7.75% +8%
Net Income CAGR 3Y	—	—	-10.96%	—	-10.96%
Revenue YoY (latest Q)	-31.50%	40.14%	3.07%	◆ 73.75%	38.99% -181%
Net Income YoY (latest Q)	◆ 131.92%	51.65%	-78.71%	59.04%	10.66% +1138%
Profitability
EBITDA Margin	7.00%	◆ 9.65%	8.58%	-4.76%	4.49% +56%
Net Income Margin	-0.17%	◆ 5.44%	0.91%	2.70%	3.02% -106%
Return on Common Equity	-0.38%	◆ 7.74%	2.95%	0.96%	3.88% -110%
Return on Capital Employed	1.08%	7.70%	◆ 9.39%	-3.44%	4.55% -76%
Return on Assets	-0.07%	◆ 7.01%	0.98%	0.72%	2.90% -102%
Credit & Quality
Total Debt/Equity	2.38×	0.10×	1.85×	◆ 0.00×	0.65× +266%
Interest Coverage	0.18×	◆ 15.93×	1.75×	-4.70×	4.33× -96%
Scale — latest FY
Revenue / Total Income	₹207 Cr	₹588 Cr	₹467 Cr	₹613 Cr	₹556 Cr -63%
Net Income	−₹0.4 Cr	₹32 Cr	₹4.2 Cr	₹16.6 Cr	₹17.6 Cr -102%
Total Assets	₹621 Cr	₹496 Cr	₹508 Cr	₹2,343 Cr	₹1,116 Cr -44%
EPS	₹-0.04	₹9.7	₹1.31	₹0.27	₹3.76 -101%
Book Value per Share	₹101.26	₹130.31	₹45.56	₹28.29	₹68.05 +49%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.