Vraj Iron and Steel (NSE:VRAJ) Gross Margin %: 26.46% (As of Mar. 2026) — 19% Above Median


NSE:VRAJ Vraj Iron and Steel Ltd NSE:VRAJ
39 GF Score
Price ₹112.53
! 3 Warning Signs
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What is Vraj Iron and Steel Gross Margin %?

Vraj Iron and Steel NSE:VRAJ -0.80% 39 Gross Margin % is 26.46% as of Mar. 2026, which is 19% above its 10-year median of 22.24. GuruFocus rates NSE:VRAJ with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 592 Steel companies, Vraj Iron and Steel ranks better than 75.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vraj Iron and Steel's Gross Profit for the three months ended in Mar. 2026 was ₹450 Mil. Vraj Iron and Steel's Revenue for the three months ended in Mar. 2026 was ₹1,702 Mil. Therefore, Vraj Iron and Steel's Gross Margin % for the quarter that ended in Mar. 2026 was 26.46%.


The historical rank and industry rank for Vraj Iron and Steel's Gross Margin % or its related term are showing as below:

NSE:VRAJ' s Gross Margin % Range Over the Past 10 Years
Min: 18.81   Med: 22.24   Max: 28.41
Current: 22.5


During the past 6 years, the highest Gross Margin % of Vraj Iron and Steel was 28.41%. The lowest was 18.81%. And the median was 22.24%.

NSE:VRAJ's Gross Margin % is ranked better than
75.17% of 592 companies
in the Steel industry
Industry Median: 12.55 vs NSE:VRAJ: 22.50

Vraj Iron and Steel had a gross margin of 26.46% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vraj Iron and Steel was 6.80% per year.


Vraj Iron and Steel  (NSE:VRAJ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Vraj Iron and Steel had a gross margin of 26.46% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Vraj Iron and Steel Gross Margin % Related Terms


Vraj Iron and Steel Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vraj Iron and Steel's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vraj Iron and Steel Gross Margin % Chart

Vraj Iron and Steel Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 18.81 21.97 28.41 27.72 22.50

Vraj Iron and Steel Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.22 22.90 24.32 15.85 26.46

NSE:VRAJ vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Vraj Iron and Steel's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vraj Iron and Steel Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Vraj Iron and Steel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vraj Iron and Steel's Gross Margin % falls into.


NSE:VRAJ
39GF Score
Vraj Iron and Steel Ltd NSE:VRAJ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vraj Iron and Steel Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vraj Iron and Steel's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1322.7 / 5879.24
=(Revenue - Cost of Goods Sold) / Revenue
=(5879.24 - 4556.54) / 5879.24
=22.50 %

Vraj Iron and Steel's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=450.4 / 1702.08
=(Revenue - Cost of Goods Sold) / Revenue
=(1702.08 - 1251.66) / 1702.08
=26.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 26.46% mean?
Vraj Iron and Steel (NSE:VRAJ) has a Gross Margin % of 26.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vraj Iron and Steel and its competitors. This is 19% above median its historical median of 22.24. Over the past decade, Vraj Iron and Steel's Gross Margin % has ranged from 18.81 to 28.41. According to the industry distribution chart, Vraj Iron and Steel ranks #147 out of 592 companies in the Steel industry, placing it in the top 24.8%.
Is Vraj Iron and Steel's Gross Margin % too high?
Vraj Iron and Steel's current Gross Margin % of 26.46% is 19% above median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 18.81 to a high of 28.41. The Steel industry median Gross Margin % is 12.55. Vraj Iron and Steel's value of 26.46% is 110.8% above this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #147 out of 592 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vraj Iron and Steel has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #147 out of 592 companies for Gross Margin %. This places Vraj Iron and Steel in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Vraj Iron and Steel's value of 26.46% is 110.8% above this benchmark. Historically, Vraj Iron and Steel's own Gross Margin % has ranged from 18.81 to 28.41 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 12.55, Vraj Iron and Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vraj Iron and Steel's current Gross Margin % of 26.46% is 110.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Vraj Iron and Steel and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vraj Iron and Steel's current Gross Margin % is 26.46%, which is 19% above median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Gross Margin % of 26.46%. The current Gross Margin % is 26.46%, which is 19% above median its 10-year median of 22.24 and 110.8% above the Steel industry median of 12.55. Vraj Iron and Steel's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Vraj Iron and Steel (NSE:VRAJ), the current Gross Margin % is 26.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vraj Iron and Steel Business Description

Other Exchanges 544204:India
Address First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
39GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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