Share of Vraj Iron and Steel Limited is currently trading at around Rs.205/-. Investors are asking for the Vraj Iron and Steel Share Price Target 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Vraj Iron and Steel Share Price Target 2025, 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Vraj Iron and Steel Ltd:
Vraj Iron and Steel Limited, formerly known as Phil Ispat Pvt. Ltd., is a subsidiary of Gopal Sponge and Power Private Limited (GSPPL) based in Raipur, India. The company operates two manufacturing units located in Raipur and Bilaspur, Chhattisgarh, specializing in the production of sponge iron, mild steel billets, and TMT bars under the brand name Vraj. As of March 2023, the combined installed capacity of these facilities was 231,600 tons per annum.
In the fiscal year ending March 31, 2024, Vraj Iron and Steel reported annual revenue of ₹4.20 billion, marking an 18.58% decrease from the previous year’s ₹5.16 billion.
The first quarter of FY2024-25 showed signs of recovery, with the company achieving a profit before tax (PBT) of ₹19.28 crore and a profit after tax (PAT) of ₹14.78 crore, reflecting increases of 42.7% and 36.9% respectively compared to the average of the preceding four quarters.
However, the second quarter presented challenges, as PBT declined to ₹12.49 crore and PAT to ₹10.29 crore, representing decreases of 29.5% and 27.3% respectively from the previous quarter.
Despite these fluctuations, Vraj Iron and Steel is actively pursuing expansion to bolster its market position. On December 23, 2024, the company commenced commercial operations of a new sponge iron plant in Bilaspur, Chhattisgarh, as part of its ongoing expansion project. Additionally, the commissioning of equipment for an upcoming power plant has begun, with expectations to start commercial production in the next quarter.
These strategic initiatives indicate a commitment to enhancing production capabilities and achieving sustainable growth. While recent financial performance has experienced variability, the company’s proactive expansion efforts suggest a positive outlook for future business prospects. The successful operationalization of new facilities is anticipated to improve financial stability and strengthen Vraj Iron and Steel’s competitive standing in the industry.
Share Price Targets:
Vraj Iron and Steel Share Price Target 2025
Based on the above discussion and analysis, the share price of Vraj Iron and Steel Ltd may touch the level of around Rs.225-240 in 2025.
Vraj Iron and Steel Share Price Target 2030
Based on the above discussion and analysis, the share price of Vraj Iron and Steel Ltd may touch the level of around Rs.360-400 in 2030.
Vraj Iron and Steel Price Target 2035
Based on the above discussion and analysis, the share price of Vraj Iron and Steel Ltd may touch the level of around Rs.600-700 in 2035.
Vraj Iron and Steel Price Target 2040
Based on the above discussion and analysis, the share price of Vraj Iron and Steel Ltd may touch the level of around Rs.1100-1200 in 2040.
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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