VI

Vedanta Iron And Steel Limited (VISL) - MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 30.25% on Zerodha(3.3x leverage)

Vedanta Iron And Steel Limited results, Q1 FY27

Quarter ended 2026-06-30

VISL reported revenue of Rs 3,612 crore in Q1 FY27, which rose 19.1% from the same quarter a year earlier. Net profit was Rs 122 crore, rose 185.9% year on year. EBITDA margin stood at 16.5%.

MetricQ1 FY27QoQYoYYear ago
Revenue3,612.00 Cr+19.1%+19.1%3,033.00
EBITDA597.00 Cr+4.4%+4.4%572.00
EBITDA margin16.5%-12.7%-12.7%18.9%
Net profit122.00 Cr+185.9%+185.9%-142.00
EPS0.31+185.4%+185.4%-0.36

Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.

Fundamentals Snapshot

Fundamentals updated 18 AugMid Cap
CMP
₹37.4
ROE
1.0%
ROCE
1.0%
Mkt Cap
₹14,648 Cr

Fundamentals from the Downstox Value Screener (3,124-stock screener universe, updated daily). Not investment advice.

MTF Margin Comparison - VISL

BEST
Zerodha
30.25%
Margin Required
Leverage3.3x
You Pay3,025
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Kotak Neo
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest9.69% p.a.
Max HoldUnlimited
Anand Rathi
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days

Vedanta Iron And Steel Limited - Complete Broker Comparison

ParameterZerodhaKotak NeoAnand Rathi
MTF Margin30.25%50.00%100.00%
Leverage3.3x2.0x1.0x
You Pay (per ₹1L)30,25050,0001,00,000
Broker Funds (per ₹1L)69,75050,0000
Interest Rate (p.a.)14.6%9.69%18.25%
Daily Interest Cost₹40 per lakh/day~₹27 per lakh/daysee broker
Brokerage0.3% or Rs. 300 per Rs. 40,000₹10 per orderRs 20/day per Rs 40,000
Pledge ChargesPayment gateway charges ₹9 + GST₹20 + GST per ISINNil
Max Holding PeriodUnlimited (maintain margins)Unlimited (maintain margins)365 days
Max Borrowing LimitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin falls below minimumAuto square-off on margin shortfallAuto square-off on margin shortfall

Zerodha offers the best margin of 30.25% for VISL, while Anand Rathi requires 100.00% - a difference of 69.75 percentage points. With Zerodha you put up ₹69,750 less upfront per ₹1 lakh of position - and borrow that much more, on which daily MTF interest accrues.

VISL MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Zerodha
Your capital30,250
Broker funds69,750
Daily interest28
30-day cost837
Annual cost10,184
Kotak Neo
Your capital50,000
Broker funds50,000
Daily interest13
30-day cost398
Annual cost4,845
Anand Rathi
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in VISL with MTF?

If you invest
10,000
Stock value you hold33,058
Zerodha funds23,058
Margin used30.25%
If you invest
50,000
Stock value you hold1,65,289
Zerodha funds1,15,289
Margin used30.25%
If you invest
1,00,000
Stock value you hold3,30,579
Zerodha funds2,30,579
Margin used30.25%

Frequently Asked Questions - VISL MTF

What is the MTF margin for VISL?

Zerodha: 30.25%, Kotak Neo: 50.00%, Anand Rathi: 100.00%. The lowest margin is 30.25% on Zerodha, meaning you only need to pay ₹3025 to buy ₹10,000 worth of Vedanta Iron And Steel Limited shares.

Which broker is cheapest for VISL MTF?

For margin percentage, Zerodha offers the lowest at 30.25% (3.3x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on VISL MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy VISL on margin?

Yes, Vedanta Iron And Steel Limited (VISL) is available for Margin Trading Facility (MTF) on Zerodha, Kotak Neo, Anand Rathi. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold VISL on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for VISL?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for VISL?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for VISL MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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About Vedanta Iron And Steel Limited (VISL) Margin Trading

Vedanta Iron And Steel Limited (VISL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Zerodha, Kotak Neo, Anand Rathi. MTF allows you to buy VISL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 30.25% for VISL. This means you can buy ₹1,00,000 worth of Vedanta Iron And Steel Limited shares by paying just ₹30,250, with Zerodha funding the remaining ₹69,750.

MTF Interest Rates for VISL - Broker Comparison

The cost of holding VISL on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for VISL MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding VISL on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1920+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade VISL directly through our Scalper Terminal.