VASWANI
Vaswani Industries financials
- Market cap
- ₹151 Cr
- Sector
- Metals & Mining
What Vaswani Industries Limited does
Vaswani Industries manufactures sponge iron and steel billets at its integrated plant in the Siltara Industrial Area near Raipur, Chhattisgarh, through its Sponge Iron Division and Steel Division. It also runs a Power Plant Division that generates electricity via a Waste Heat Recovery Boiler (WHRB) using heat from the sponge iron process, and is diversifying into solar power generation through new solar projects in Chhattisgarh.
Segments
- Sponge Iron Division
- Steel Division
- Power Plant Division
- Billet manufacturing capacity
- 1,50,000 MT/yr (expanded from 66,000 MT/yr in June 2025)
- Sponge iron installed capacity
- 90,000 MT/yr (FY25)
- Sponge iron production
- 81,913 MT (FY25)
- Billet production
- 53,769 MT (FY25, against then-capacity of 60,000 MT)
- Solar power capacity (planned)
- 66.50 MWp across Gandai and Mohbhatta, Chhattisgarh
- Solar power operational
- 16.25 MWp at Gandai, Chhattisgarh
Quarterly results
| Line item | Q1 FY24 | Q4 FY24 | Q1 FY25 |
|---|---|---|---|
| Revenue | 94 | 90 | 92 |
| EBITDA | 6 | 7 | 5 |
| Net profit | 3 | 3 | 3 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −22.8% 1Y
1Y: ₹59.41 on 10 Sept 2025 → ₹45.88. High ₹67.87 (13 Nov 2025), low ₹45.75 (9 Sept 2026).
Balance sheet
| Year ending | FY24 |
|---|
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −2.06 pp while promoters added +1.94 pp. The shareholder count shrank 16% to 14,030.
- Promoters
- 62.1%
- FIIs
- 0.1%
- Public
- 37.8%
Since Jun 2025
- Public −2.06 pp
- Promoters +1.94 pp
- FIIs +0.12 pp
How it drifted, 12 quarters
Over this window the public fell from 41.7% to 37.8% — −3.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 58.3%, Public 41.7%.Dec '23: Promoters 58.3%, Public 41.7%.Mar '24: Promoters 58.3%, FIIs 0.0%, Public 41.6%.Jun '24: Promoters 58.3%, Public 41.7%.Sep '24: Promoters 58.3%, FIIs 0.2%, Public 41.5%.Dec '24: Promoters 60.1%, Public 39.9%.Mar '25: Promoters 60.1%, FIIs 0.1%, Public 39.8%.Jun '25: Promoters 60.1%, FIIs 0.0%, Public 39.9%.Sep '25: Promoters 62.1%, FIIs 0.0%, Public 37.9%.Dec '25: Promoters 62.1%, FIIs 0.1%, Public 37.8%.Mar '26: Promoters 62.1%, Public 38.0%.Jun '26: Promoters 62.1%, FIIs 0.1%, Public 37.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Vaswani Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ravi Vaswani | 26.94% | unchanged |
| Sudha Vaswani | 12.49% | unchanged |
| Yashwant Ravi Vaswani | 10.05% | unchanged |
| Manisha Vaswani | 7.05% | unchanged |
| Kushal Vaswani | 5.35% | unchanged |
| Amrit Sales Promotion Pvt Limited | 3.37% | unchanged |
| Gopal Sponge & Power Pvt. Ltd. | 1.31% | unchanged |
| Priyansh Chitlangia | 1.10% | unchanged |
| Ravi Kumar Vaswani | 0.18% | unchanged |
| Satish Kumar Vaswani | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Vaswani Industries Limited
Guides on how to read this kind of business and the numbers that matter.