Vesuvius Share Price

Vesuvius India Limited is a leader in molten metal flow engineering and refractory solutions in India, primarily engaged in the manufacturing, trading, and sale of a comprehensive range of refractory products. The company supplies flow control refractory solutions, advanced refractories, digital measurement refractories, and crucible refractory solutions to the global steel, foundry, aluminium, and non-ferrous metal industries. The Vesuvius India share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Vesuvius India stock price often mirrors shifts in steel production volumes, demand from the cement and glass industries, and investor views on the industrial consumables sector’s growth prospects. Factors such as the pace of capacity expansion, competitive intensity from other refractory manufacturers, raw material price fluctuations, and government policies on infrastructure development influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Vesuvius India stock price movements.

Vesuvius India live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Vesuvius India live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Vesuvius India share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Vesuvius India Limited Company Fundamentals

a. Company Background

Vesuvius India Limited was incorporated in 1991. The company’s registered office is located in Kolkata, West Bengal. The company was originally incorporated as Vesuvius Refractories Limited in September 1991 and the name was subsequently changed to Vesuvius India Limited in November 1992. The company was promoted by the Vesuvius Group, UK, which at present holds a 55.57% stake in the Company, in association with Biswadip Gupta. Vesuvius India’s primary activity involves the manufacturing and trading of refractory goods, providing services in relation to refractory goods, and offering solutions including flow control refractory, advanced refractory, digital measurement refractory and crucible refractory. It initially focused on building a strong foothold in the refractory market through its parent’s technological expertise before gradually expanding its manufacturing footprint. Over the years, Vesuvius India has significantly expanded its product portfolio and manufacturing capacity. It operates in a competitive environment, with pricing and production governed by market forces and client requirements. The company has consistently focused on enhancing its technological capabilities to meet the growing demand for refractories in India and globally. The company came out with a public issue in September 1993 to finance the setting up of a unit to manufacture 3000 tpa of specialised refractories, and later in 1996-97 it came out with a right issue at a premium of Rs 30 per share. The company has manufacturing factories at Kolkata, Mehsana, and two at Visakhapatnam, and currently employs 559 people.

b. Product Lines

• Flow control refractory solutions providing consumable ceramic products, systems, robotics, advanced digital services and technical assistance to the global steel industry

• Advanced refractory solutions offering comprehensive value-added solutions for high-temperature applications

• Digital measurement refractory solutions portfolio comprising temperature sensors, oxygen, hydrogen and sub lance probes, as well as iron oxide and metal sampling tools for steel, aluminum and foundry industries

• Crucible refractory solutions including Pitch Bonded Silicon Carbide Crucibles for aluminum and copper alloy industries and Clay Graphite products used by railways wheel factory

• Monoblock stoppers, ladle shrouds, sub-entry nozzles, tundish nozzles, sub-entry shrouds for continuous casting applications

• Purge plugs, slide gate plates, collector nozzles, slide gate machines, and machine parts assembly

• Gunning and shortcrete refractory, insulating and conventional castables, self-flow castables, ultra-low cement and low cement castables

• Mortars, no cement castables, precast shapes, taphole clay, and crucibles

• Monolithic refractories including castables, plastics, and ramming mixes

c. Company Revenue Model

• Primary revenue from the manufacturing, trading, and sale of a range of refractory products to the global steel industry, which accounts for approximately 70% of refractory demand in India

• Volume-driven revenue based on quantity of refractory products supplied to steel plants, foundries, and other industrial customers

• Pricing determined by raw material costs (alumina, silicon carbide, graphite), product complexity, and global market demand

• Revenue from flow control refractory solutions that provide consumable ceramic products, systems, robotics, and advanced digital services to the steel industry

• Revenue from digital measurement refractory solutions including temperature sensors and sampling tools

• Revenue from crucible refractory solutions for non-ferrous metal industries including aluminum and copper alloys

• Expanding product portfolio and technological capabilities contributing to new revenue streams

• Focus on increasing value-added product share including high-performance and eco-friendly refractory materials to drive better margins

• Revenue from both domestic Indian market serving steel and cement industries, and exports to global markets

• Raw material price fluctuations and steel production cycles influencing revenue stability

• Government policies on infrastructure development and manufacturing sector growth influencing revenue stability

d. Geographic Presence

• Headquartered in Kolkata, West Bengal with registered office at P-104, Taratala Road, Kolkata – 700088

• Four manufacturing factories: one each at Kolkata and Mehsana, and two at Visakhapatnam

• One manufacturing arrangement at Salem, Tamil Nadu

• The Vesuvius Group has a worldwide presence, serving customers through a network of cost-efficient manufacturing plants

• Strong domestic market presence across India serving the steel industry, cement industry, glass and ceramics industry

• Export presence to select international markets through the parent company’s global network

• Focus on expanding into new geographical areas through enhanced manufacturing capabilities

• Operations primarily concentrated in eastern and western India with strategic manufacturing footprint

e. Key Milestones

• 1991: Incorporated as Vesuvius Refractories Limited in September 1991

• 1992: Name changed from Vesuvius Refractories Limited to Vesuvius India Limited in November 1992

• 1993: Came out with a public issue in September 1993 to finance setting up of unit to manufacture 3000 tpa of specialised refractories

• 1996-97: Came out with a right issue at a premium of Rs 30 per share in the ratio of two equity shares for every five equity shares held

• 2000-01: Ventured into non-steel industry with monolithics business using new technology

• 2003: Acquired crucible manufacturing unit of Diamant Carbon & Graphite Products Ltd at Mehsana, Gujarat in March 2003

• 2004: Expanded installed capacity of Refractories (Shaped) by 90600 pieces, raising total capacity to 419600 pieces

• 2005-06: Mehsana and Visakhapatnam Plants commissioned and commenced commercial production

• 2018: Company name changed from Vesuvius Refractories to Vesuvius India

• 2025: Reported total revenue of ₹21,632.7 million (approx ₹2,163 crore) for the year ended December 2025, up from ₹19,170.3 million in the previous year

f. Industry Perspective

Vesuvius India Limited operates in the refractories industry, which is part of India’s industrial consumables sector. Globally, the refractories market continues to expand with the Asia-Pacific region being the largest and fastest-growing market. In India, the refractories sector is poised for substantial growth. According to IMARC Group, the India refractories market size reached USD 2.6 Billion in 2025 and is expected to reach USD 3.5 Billion by 2034, exhibiting a growth rate (CAGR) of 3.07% during 2026-2034. According to Grand View Research, the India refractories market generated a revenue of USD 3,010.4 million in 2025 and is expected to reach USD 6,242.3 million by 2033, growing at a CAGR of 9.9% from 2026 to 2033. India accounted for 6.3% of the global refractories market in 2025. Approximately 70% of refractory demand in India is driven by the steel industry, with the remainder serving ceramics, cement, glass, and non-ferrous metals. The Indian market consumes around 1.5 million tonnes per annum (MTPA) of refractories. The steel market in India reached a volume of 144.43 Million Tons in 2024 and is expected to reach 256.73 Million Tons by 2033, with a CAGR of 6.20%. Demand is driven by expanding steel and cement industries, infrastructure development, government initiatives such as “Make in India,” increasing demand for high-performance, energy-efficient, and eco-friendly refractory materials, and growing adoption of cost-effective monolithic refractories. Key challenges include raw material price volatility (alumina, graphite, silicon carbide), intense competition from domestic and international players, and high energy costs in manufacturing.

Vesuvius India Limited Stock Market Presence: Listings & Index Representation

Vesuvius India is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol VESUVIUS and on the Bombay Stock Exchange (BSE) with the scrip code 520113. Its listing on both exchanges ensures that the Vesuvius India price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. Vesuvius India is a constituent of the BSE SmallCap Index and the S&P BSE AllCap Index. Being represented in indices enhances the visibility and liquidity of the Vesuvius India price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s refractory manufacturing landscape. The inclusion of Vesuvius India in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Vesuvius India price to corporate and industry developments. The company’s ISIN code is INE386A01015 and face value is ₹1 per share.

Vesuvius India Limited Stock Performance and Share Price History

The Vesuvius India price has exhibited significant volatility over the past decade, shaped by the company’s leadership in India’s refractory sector and broader industrial consumables industry cycles. The Vesuvius India share price recorded a total return of approximately 4.06% over the last 1 year, 188.09% over the last 3 years, 389.04% over the last 5 years, and 516.44% over the last 10 years, significantly outperforming the Nifty50’s -3.27%, 34.35%, 57.3%, and 195.72% returns respectively over the same periods. The Vesuvius India price reached a 52-week high of ₹646.00 and a 52-week low of ₹397.00, indicating a wide trading range and substantial price fluctuations. The Vesuvius India share price recorded a remarkable rally in 2023, delivering a substantial positive annual return of 122.98%, while the subsequent period has seen the Vesuvius India price moderate and correct from its peak levels. The Vesuvius India share price has shown a 1-month return of approximately -8.92% and a 3-month return of -5.57% as of March 2026, indicating recent consolidation.

The Vesuvius India price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 24.22% year-on-year growth in net profit to ₹2,645 crore in FY2024, the Vesuvius India price showed a positive reaction. The Vesuvius India price has shown a pattern of strong positive momentum in years when the company’s capacity expansion and operational efficiency exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the Vesuvius India price. Corporate developments, including strategic announcements such as the acquisition of the crucible manufacturing unit of Diamant Carbon & Graphite Products Ltd, the expansion of installed capacity of refractories (shaped) by 90600 pieces, and the commissioning of Mehsana and Visakhapatnam plants, have also influenced short-term fluctuations in the Vesuvius India price. The Vesuvius India share price has shown a 1-year return of approximately 4.06% as of March 2026, reflecting modest growth over the last year. The Vesuvius India share price has shown a 10-year aggregate net profit of ₹1,150.34 crore, reflecting the company’s sustained profitability over the long term. The Vesuvius India share price reached its 52-week high of ₹646.00 before declining to its 52-week low of ₹397.00, reflecting the volatility inherent in the industrial consumables space. The Vesuvius India share price has shown a year-to-date return of approximately -5.03% as of March 2026, indicating pressure in the current fiscal year. Comprehending these patterns in the Vesuvius India share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Vesuvius India price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The Vesuvius India share price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2023 with a positive return of 122.98%, followed by 2022 with 49.32% and 2024 with 27.69%. Historically, the stock has shown positive annual returns in 7 out of the last 10 years. In terms of annual performance, the Vesuvius India share price delivered returns of -7.1% in 2019, -2.0% in 2020, -0.2% in 2021, 49.32% in 2022, 122.98% in 2023, 27.69% in 2024, and 4.58% in 2025. The Vesuvius India share price has demonstrated that the stock tends to perform better in periods of strong steel demand and supportive industrial policies, while underperforming during phases of raw material volatility and intense competition. The Vesuvius India stock price has shown a 3-year total return of 188.09%, indicating substantial wealth creation over this period. The Vesuvius India stock price has shown a 5-year total return of 389.04%, reflecting the company’s ability to deliver exceptional returns across market cycles. The Vesuvius India stock price has shown a 10-year total return of 516.44%, with the stock delivering a 10-year CAGR of approximately 19.8%. The Vesuvius India stock price continues to trade at a significant discount from its 52-week high of ₹646.00, standing at around ₹450-460 levels as of April 2026.

Vesuvius India Limited Investor Relevance and Role in Portfolio

Vesuvius India holds a significant position for portfolio investors who seek exposure to India’s industrial consumables sector with a focus on refractories and molten metal flow engineering. The company’s presence as a subsidiary of the global Vesuvius Group of the UK aligns it with investment strategies that value industrial manufacturing, supply chain integration, and the government’s focus on infrastructure and steel production. The Vesuvius India share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor steel production volumes, capacity utilization, and raw material costs when evaluating allocation decisions.

Institutional stakeholders play a significant role in Vesuvius India’s ownership profile. As of December 2025, Promoters (Vesuvius plc, UK) hold 55.57% of the company. Mutual funds hold 21.45% of the company. Key mutual fund holders include Nippon India Mutual Fund – Nippon India Multi Cap Fund, HDFC Mutual Fund – HDFC Mid Cap Fund, Axis Mutual Fund – Axis Small Cap Fund, HDFC Mutual Fund – HDFC Small Cap Fund, Nippon Mutual Funds – Nippon India Small Cap Fund, HDFC Mutual Fund – HDFC Multi Cap Fund, and ICICI Prudential Mutual Fund – ICICI Prudential Multicap Fund. Foreign Institutional Investors (FIIs) hold 4.44% of the company, while Domestic Institutional Investors (DIIs) hold 0.46%. Retail and other shareholders hold approximately 18.08% of the company. Key institutional holders include Nippon Life India Asset Management Limited (8.86%), HDFC Asset Management Company Limited (6.90%), Axis Asset Management Company Limited (3.40%), The Vanguard Group, Inc. (1.78%), ICICI Prudential Asset Management Company Limited (1.69%), BlackRock, Inc. (0.73%), Investor Education and Protection Fund (IEPF) (0.51%), and Norges Bank Investment Management (0.48%). These investors represent a blend of domestic and international perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

Based on data, the Vesuvius India share price exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta (5-year) stands at approximately 0.18 according to some sources, while Business Today reports a beta of 1.06, and GuruFocus reports a beta of 0.9007, reflecting different measurement periods and methodologies. Based on data, the daily-one month beta is 0.28, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows varying correlation levels. Based on data, the weekly-two year beta shows low correlation, and the 2 week-two year range beta is also low. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating moderate variability. The weekly volatility stands at approximately 4-5%, which is lower than the broader market average. Overall, the Vesuvius India stock price demonstrates a moderate volatility profile with beta values suggesting the stock tends to move with lower volatility compared to broader market direction over longer time frames.

The Vesuvius India share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Vesuvius India stock price’s beta reflects that the company’s established parent company backing and global technology transfer may provide some stability, though the refractory sector remains sensitive to steel production cycles and raw material price fluctuations.

Vesuvius India Limited Sectoral Relevance and Peer Positioning

The sector relevance of Vesuvius India is anchored in its role within the broader Indian refractory manufacturing industry, where it competes with other refractory producers. As part of this industry, the company’s strategic positioning connects flow control refractory solutions, advanced refractories, and crucible refractory solutions to the steel, foundry, aluminium, and non-ferrous metal industries across India and globally. Competitors in the refractory segment include companies such as IFGL Refractories Limited, RHI Magnesita India Limited, Orient Refractories Limited, Carborundum Universal Limited, Dalmia Refractories Limited, and other domestic players. In the broader industrial consumables space, global competitors include RHI Magnesita, Shinagawa Refractories, Krosaki Harima, and HarbisonWalker International. Firms with parallels in either product range or technological capabilities are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Vesuvius India P/E ratio have shown variations over different periods. The current P/E ratio stands at approximately 35.06-36.56 across different sources, representing a slight premium to the industry P/E of 34.74. The mean historical P/E Ratio over the last five years has fluctuated, with the stock’s P/E ratio having changed with respect to the historical average. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction.

Similarly, Vesuvius India EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from capacity expansion and technology up-gradation supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. Vesuvius India earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. The diluted EPS has shown consistent growth, increasing from ₹3.35 in FY2021 to ₹5.75 in FY2022, ₹10.49 in FY2023, ₹13.03 in FY2024, and ₹13.01 in FY2025. Over a ten-year period, the company demonstrated consistent improvement in EPS, with average earnings per share growth of approximately 28-30% per year. The highest EPS growth rate was 82.34% in FY2023, while the lowest was -0.18% in FY2025.

Vesuvius India market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving refractory market. Over years, the Vesuvius India market cap has followed a pattern of significant growth followed by moderation. The market cap increased from approximately ₹9,305-9,686 crore as of April 2026, representing a significant increase over the past five years. This growth mirrors the trend in the Vesuvius India share price and the broader performance of the refractory sector relative to broader market indices.

Vesuvius India earnings over the past several years have been characterised by a period of consistent growth. Total revenue increased from ₹10,472 crore in FY2021 to ₹13,426 crore in FY2022, ₹16,031 crore in FY2023, ₹18,686 crore in FY2024, and ₹21,000 crore in FY2025, representing a 5-year CAGR of approximately 15-20%. Profit After Tax increased from ₹680.5 crore in FY2021 to ₹1,168 crore in FY2022, ₹2,129 crore in FY2023, ₹2,645 crore in FY2024, and ₹2,641 crore in FY2025, showing strong growth momentum. For the trailing twelve months (TTM) as of December 2025, revenue stood at ₹2,104 crore with net profit of ₹264 crore. The company’s EBITDA margin has improved from 9.7% in 2020 to 18.59% in 2025, reflecting improving operational efficiency.

Vesuvius India EPS has shown variation over the past decade. The diluted EPS stood at ₹13.01 (TTM) as of April 2026. The EPS growth rate has shown significant variation, with the company delivering strong profit growth in recent years. According to various sources, EPS was ₹13.01 as of April 2026, with the stock’s P/E ratio at 35.06.

The Vesuvius India P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 35.06-36.56x across different sources, while the industry P/E stands at approximately 34.74x. The mean historical P/E ratio over the last five years has been in the range of 25-40x. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings momentum. The Vesuvius India share price has been influenced by these valuation metrics. The Vesuvius India stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

Vesuvius India Limited is a leading refractory manufacturer listed on both the NSE and BSE, where the Vesuvius India share price reflects steel production cycles, industrial demand trends, and capacity expansion within the refractory sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader industrial consumables industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s refractory manufacturing market.