Vaswani Industries Ltd
Vaswani Industries Ltd (VASWANI)

Vaswani Industries Ltd (VASWANI)

₹19.854.47%

Key Stats

₹19.2
Day's Price Range
₹20
₹10.9
52-Week Price Range
₹38.5
1 Month Return-8.66 %
3 Month Return-14.23 %
1 Year Return47.85 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 66
EPS
Rank 66
BVPS
Rank 71
Dividend Yield
Rank 22
ROE
Rank 65
4.38%
Price To Book Ratio
Rank 66
Debt To Asset
Rank 71

Company Information

Vaswani Industries Ltd a part of Vaswani Group of Companies is engaged in integrated business of manufacturing Sponge Iron Steel Billets Ingots and power generation. The company has manufacturing facilities in an industrial area at Sondra Village 14 km from Raipur railway stationVaswani Industries Ltd was incorporated on July 22 2003. The company was established with the object of manufacturing of Sponge Iron Steel Billets and captive power generation. They obtained the certificate of business commencement on February 10 2004.During the year 200304 the company installed their first kiln of 1x100 TPD sponge iron. During the year 200506 they expanded the capacity to 2x100 TPD due to increased demand.During the year 200708 the company installed 3 Induction Furnaces with a capacity of 36000 MT for manufacturing of Steel Billets Ingots utilising inhouse production of Sponge Iron. Also they commenced power generation of 7.5 MW 5 MW from Waste Heat Recovery Boiler WHRB and 2.5 MW from Coal for captive consumption.In the year 2009 the company started selling surplus power generated to private power companies namely Lanco Electric Utility Ltd and Others as well as State Electricity Board namely Chhattisgarh State Electricity Board.During the year 200910 the company expanded the capacity of Sponge Iron by installing 1x100 TPD and the total capacity of Sponge Iron was enhanced to 3 x 100 TPD.During the year 201011 the company enhanced their power generation capacity to 11.5 MW 9 MW from WHRB and 2.50 MW from Coal.
OrganisationVaswani Industries Ltd
HeadquartersRaipur
IndustrySteel