Vedanta Iron and Steel (VISL) is loss-making over the last 12 months, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹26.81, 40% below its 52-week high. Debt is 0.78× equity. It is a small-cap company with a market cap of ₹10,467 Cr, ranked 19th of 150 Steel companies by market cap; the shares rose 27% over the past year.
- ₹27.21
- ₹27.23
- ₹26.50
- ₹27.35
- 86.9 L
Health check
- ReturnsAhead
+27.3% over a year, better than 6 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROE -41.8% vs peer median 23.4%.
- Balance sheetStretched
Debt 0.78× equity, operating profit doesn’t cover interest, Piotroski 4 of 9.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹10,467 Cr
- Small cap
- P/E
- n/a
- Industry 19.9
- Price to book
- 1.78
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- −41.8%
- Peers 23.4%
- ROCE
- n/a
- Peers 18.7%
- Debt to equity
- 0.78
- Debt ₹4,663 Cr
- EPS (TTM)
- −₹6.29
- Face value ₹1
- OPM (TTM)
- 7.5%
- Net margin 172.7%
- Sales growth
- −1.7%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 43.25
Strengths and risks
Strengths
- Net margin of 172.7%.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −41.8%.
- Quarterly sales down 1.7% on a year ago.
- 40% below its 52-week high.
- Interest coverage of only 0.2×.
About Vedanta Iron and Steel
Vedanta Iron and Steel Limited engages in the exploration, mining, and processing of iron ore in India and West Africa. It offers iron ores, TMT bars, ductile iron pipes, wire rods, steel billets, metallurgical coke, pig iron, and cement. The company was founded in 1954 and is based in Panjim, India. Vedanta Iron and Steel Limited operates as a subsidiary of Vedanta Resources Limited.
- Headquarters
- Panjim
- Sector
- Basic Materials
- ISIN
- INE1CLE01013
- Website
- vedantaironandsteel.com
Price range
- Avg volume (3M)
- 2.5 Cr
- 1-year return
- plus 27.3%
- From 52-week high
- minus 40.1%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| VISLVedanta Iron and Steel | 26.81 | minus 1.97% | 10,467 | – | 23.7 | – | 7.5% | 0.78 | – | plus 27.3% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Jun 26 | Sep 26 |
|---|---|---|---|---|
| 3,033 | 2,790 | 3,612 | 2,742 | |
| – | – | +19.1% | minus 1.7% | |
| 2,706 | 2,755 | 3,104 | 2,694 | |
| 327 | 35 | 508 | 48 | |
| 10.8% | 1.3% | 14.1% | 1.8% | |
| 245 | 157 | 89 | 58 | |
| 461 | 431 | 207 | 171 | |
| 199 | 204 | 225 | 218 | |
| – | – | – | −37 | |
| −88 | −443 | 165 | −320 | |
| −89.8% | −11.5% | 32.7% | −1.3% | |
| −142 | −465 | 122 | −311 | |
| -0.36 | -1.19 | 0.31 | -0.80 |
Profit & loss
- ROE
- −41.8%
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| 13,717 | 13,341 | |
| 12,280 | 12,979 | |
| 1,437 | 362 | |
| 10.5% | 2.7% | |
| 847 | 1,538 | |
| 1,972 | 1,817 | |
| 754 | 801 | |
| −356 | −1,538 | |
| −798 | −2,256 | |
| −9.4% | −31.1% | |
| −861 | −2,905 | |
| -2.20 | -7.43 |
Forecast
Balance sheet
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 0 | – | – | |
| −0 | – | – | |
| – | 15,239 | 17,361 | |
| 0 | 7,838 | 8,822 | |
| 0 | 19,610 | 19,065 | |
| – | 9,791 | 9,926 | |
| – | 2,505 | 3,123 | |
| – | 94 | 120 | |
| 0 | 2,425 | 1,784 | |
| 0 | 4,795 | 4,112 | |
| 0 | 19,610 | 19,065 |
Cash flow
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| −0 | −0 | |
| 0 | 0 | |
| −0 | −0 | |
| −0 | −0 |
Shareholding pattern
- Promoters56.38%
- Public43.46%
- Employee trusts0.16%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 56.38% | 43.46% | 0.00 | |
| 30 Jun 2026 | 56.38% | 43.46% | 0.00 | |
| 12 Jun 2026 | 56.38% | 43.46% | – |
Major shareholders
Filings & events
News
No recent news coverage found.