Vardhman Special Steels Limited share price
NSE: VSSL · ISIN INE050M01012
Key numbers
- Market cap
- ₹ 3,979 Cr
- Current price
- ₹ 411.50
- 52-week high / low
- ₹ 428 / 206
- Stock P/E
- 28.2
- Book value
- ₹ 126.2
- Dividend yield
- 0.85%
- ROCE
- 15.3%
- ROE
- 11.8%
- Debt to equity
- 0.07
- Sales growth (3 yrs)
- 0.5%
- Profit growth (3 yrs)
- 6.7%
- 1-year return
- 49.3%
About Vardhman Special Steels Limited
Vardhman Special Steels Limited engages in the manufacture and sale of billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally. Its customers include passenger vehicles, two wheelers, commercial vehicles, tractors, off-highway vehicles,and railways, as well as engineering, bearing, and allied industries. The company was founded in 1973 and is headquartered in Ludhiana, India.
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 428 | 434 | 431 | 458 | 486 |
| Operating profit | 31 | 32 | 43 | 46 | 58 |
| Net profit | 20 | 20 | 34 | 34 | 41 |
| EPS (₹) | 2.42 | 2.43 | 3.48 | 3.52 | 4.26 |
Concall summary (2026-07-29)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- We expect in about a year or 1.5 years' time, we'll be going ahead and we'll be increasing the capacity by almost 50% of our solar plant.
- I mean the target in terms of growth for FY '28 itself, it's what 7%, 8% only.
Growth & demand
- As far as this quarter is concerned, volumes have been good and price revisions have taken place because costs have gone up.
- And that is a result of cost reductions, and bigger production, fixed cost being spread over a bigger volume.
Margins & costs
- And if we remove that, our EBITDA per ton for this quarter comes to INR10,700.
- As a result, our EBITDA this quarter is -- for the quarter is INR68 crores for quarter and INR41 crores is the PAT.
Capex & expansion
- Vardhman Special Steels Limited July 23, 2026 Solar plant, we've got a full quarter of savings we've had 2.3 crores units this quarter and roughly 43% of our total power consumption is coming from solar.
- And second is on the land acquisition for the 5 lakh -- 5 million plant that we are planning.
Balance sheet & cash
- And then we have to obviously touch with banks to raise the debt is also not a problem.
Peers in Steel
Data for information only, not investment advice. Prices end of day.