In ₹ Crore except Per Share Latest Annual	VASWANI FY26	VRAJ FY26	SALSTEEL FY26	KIOCL FY26	Peer Average
Valuation — at last close
P/E	31.68×	◆ 12.37×	—	1196.30×	604.33× -95%
P/B	0.91×	0.92×	◆ 0.78×	11.42×	4.37× -79%
EV/EBITDA	9.91×	7.60×	31.93×	◆ -651.02×	-203.83× +105%
Market Cap	₹137 Cr	₹396 Cr	₹115 Cr	₹19,823 Cr	₹6,778 Cr -98%
Growth
Revenue CAGR 3Y	◆ 6.05%	—	-25.21%	-26.48%	-25.84% +123%
Revenue CAGR 5Y	◆ 8.26%	—	-7.17%	-23.77%	-15.47% +153%
Net Income CAGR 3Y	-10.96%	—	—	—	—
Revenue YoY (latest Q)	3.07%	40.14%	-31.50%	◆ 73.75%	27.46% -89%
Net Income YoY (latest Q)	-78.71%	51.65%	◆ 131.92%	59.04%	80.87% -197%
Profitability
EBITDA Margin	8.58%	◆ 9.65%	7.00%	-4.76%	3.96% +116%
Net Income Margin	0.91%	◆ 5.44%	-0.17%	2.70%	2.66% -66%
Return on Common Equity	2.95%	◆ 7.74%	-0.38%	0.96%	2.77% +6%
Return on Capital Employed	◆ 9.39%	7.70%	1.08%	-3.44%	1.78% +428%
Return on Assets	0.98%	◆ 7.01%	-0.07%	0.72%	2.55% -62%
Credit & Quality
Total Debt/Equity	1.85×	0.10×	2.38×	◆ 0.00×	0.83× +124%
Interest Coverage	1.75×	◆ 15.93×	0.18×	-4.70×	3.80× -54%
Scale — latest FY
Revenue / Total Income	₹467 Cr	₹588 Cr	₹207 Cr	₹613 Cr	₹470 Cr 0%
Net Income	₹4.2 Cr	₹32 Cr	−₹0.4 Cr	₹16.6 Cr	₹16.1 Cr -74%
Total Assets	₹508 Cr	₹496 Cr	₹621 Cr	₹2,343 Cr	₹1,153 Cr -56%
EPS	₹1.31	₹9.7	₹-0.04	₹0.27	₹3.31 -60%
Book Value per Share	₹45.56	₹130.31	₹101.26	₹28.29	₹86.62 -47%

◆ 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%.