In ₹ Crore except Per Share Latest Annual	VRAJ FY26	VASWANI FY26	SALSTEEL FY26	KIOCL FY26	Peer Average
Valuation — at last close
P/E	◆ 12.86×	30.53×	—	1233.70×	632.12× -98%
P/B	0.96×	0.88×	◆ 0.76×	11.77×	4.47× -79%
EV/EBITDA	7.88×	9.78×	31.72×	◆ -672.26×	-210.25× +104%
Market Cap	₹411 Cr	₹132 Cr	₹112 Cr	₹20,442 Cr	₹6,895 Cr -94%
Growth
Revenue CAGR 3Y	—	◆ 6.05%	-25.21%	-26.48%	-15.21%
Revenue CAGR 5Y	—	◆ 8.26%	-7.17%	-23.77%	-7.56%
Net Income CAGR 3Y	—	-10.96%	—	—	-10.96%
Revenue YoY (latest Q)	40.14%	3.07%	-31.50%	◆ 73.75%	15.11% +166%
Net Income YoY (latest Q)	51.65%	-78.71%	◆ 131.92%	59.04%	37.42% +38%
Profitability
EBITDA Margin	◆ 9.65%	8.58%	7.00%	-4.76%	3.61% +168%
Net Income Margin	◆ 5.44%	0.91%	-0.17%	2.70%	1.15% +374%
Return on Common Equity	◆ 7.74%	2.95%	-0.38%	0.96%	1.18% +558%
Return on Capital Employed	7.70%	◆ 9.39%	1.08%	-3.44%	2.34% +229%
Return on Assets	◆ 7.01%	0.98%	-0.07%	0.72%	0.54% +1190%
Credit & Quality
Total Debt/Equity	0.10×	1.85×	2.38×	◆ 0.00×	1.41× -93%
Interest Coverage	◆ 15.93×	1.75×	0.18×	-4.70×	-0.92× +1825%
Scale — latest FY
Revenue / Total Income	₹588 Cr	₹467 Cr	₹207 Cr	₹613 Cr	₹429 Cr +37%
Net Income	₹32 Cr	₹4.2 Cr	−₹0.4 Cr	₹16.6 Cr	₹6.8 Cr +369%
Total Assets	₹496 Cr	₹508 Cr	₹621 Cr	₹2,343 Cr	₹1,158 Cr -57%
EPS	₹9.7	₹1.31	₹-0.04	₹0.27	₹0.51 +1790%
Book Value per Share	₹130.31	₹45.56	₹101.26	₹28.29	₹58.37 +123%

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

« ‹ › »Latest: FY26 · ConsolidatedFA 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%.