Share Price and Basic Stock Data
Last Updated: December 10, 2025, 10:30 pm
| PEG Ratio | -9.52 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Vardhman Special Steels Ltd operates in the competitive steel industry, specializing in high-quality products that cater to various sectors. The company’s revenue has shown significant growth over the years, with reported sales rising from ₹367 Cr in FY 2014 to ₹1,783 Cr in the trailing twelve months (TTM). However, the latest fiscal year (FY 2025) saw a slight decline in sales to ₹1,764 Cr, down from ₹1,735 Cr in FY 2023. This fluctuation indicates a potential challenge in maintaining momentum, especially as the steel sector faces cyclical pressures. The quarterly sales figures also reflect this volatility, with a peak of ₹495 Cr in September 2024, before tapering to ₹397 Cr in December 2023. Such trends suggest that while Vardhman is capable of generating significant revenue, it must navigate market dynamics effectively to sustain growth.
Profitability and Efficiency Metrics
Profitability metrics for Vardhman Special Steels present a nuanced picture. The operating profit margin (OPM) stood at a modest 7% in FY 2025, which is reflective of the industry’s competitive nature and input cost pressures. Historical data shows OPM fluctuating, peaking at 13% in FY 2022 before declining in subsequent years. The net profit for FY 2025 was reported at ₹93 Cr, slightly down from ₹100 Cr in FY 2023, indicating that while the company remains profitable, its ability to enhance margins may be constrained. The interest coverage ratio (ICR) is a healthy 9.51x, suggesting that Vardhman can comfortably meet its interest obligations. However, with an ROCE of 17.46%, the company must focus on improving operational efficiency to drive returns on its capital employed, particularly as it competes against larger players in the sector.
Balance Sheet Strength and Financial Ratios
Vardhman Special Steels maintains a relatively strong balance sheet, with total borrowings reported at just ₹77 Cr against total assets of ₹1,559 Cr. This translates to a low debt-to-equity ratio of 0.15, indicating a conservative approach to leverage. The company’s reserves have steadily increased, reaching ₹1,112 Cr by FY 2025, which provides a cushion for future investments and potential downturns. On the liquidity front, Vardhman appears comfortable with a current ratio of 2.11, suggesting it has more than enough current assets to cover its liabilities. However, the cash conversion cycle, which stood at 120 days, highlights areas for improvement, particularly in inventory management and receivables collection. This metric can significantly impact cash flow and operational flexibility, so addressing it should be a priority for management.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Vardhman Special Steels reveals a notable shift, with promoter holding declining from 60.81% in December 2022 to 51.13% by September 2025. This decrease might raise concerns among investors regarding management’s commitment, although it could also indicate a strategic move to attract more public investment. Institutional interest remains minimal, with foreign institutional investors (FIIs) holding just 0.54% and domestic institutional investors (DIIs) at 3.63%. However, the public’s stake has increased to 44.70%, suggesting a growing interest from retail investors. This shift may reflect confidence in Vardhman’s operational stability despite some recent profitability challenges. The total number of shareholders has also risen to 36,443, which further underscores a broader acceptance of the stock among retail investors.
Outlook, Risks, and Final Insight
Looking ahead, Vardhman Special Steels faces a mixed bag of opportunities and risks. The company’s strong balance sheet and low debt levels position it well for potential expansion or capital investments. However, the recent decline in profitability and fluctuating sales figures signal that market conditions could pose challenges. Investors should also consider the ongoing volatility in raw material prices and global steel demand, which could impact margins and operational efficiency. Additionally, with a declining promoter stake, the company’s governance structure deserves scrutiny. In this context, investors should weigh the company’s potential for growth against the inherent risks of the steel sector, making informed decisions based on a thorough assessment of both financial health and market conditions.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Vardhman Special Steels Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Alliance Integrated Metaliks Ltd | 71.1 Cr. | 1.80 | 10.2/1.66 | 7.80 | 0.00 % | 24.7 % | % | 1.00 | |
| Aeroflex Industries Ltd | 2,276 Cr. | 176 | 272/145 | 48.2 | 27.8 | 0.17 % | 22.2 % | 16.5 % | 2.00 |
| Vardhman Special Steels Ltd | 2,774 Cr. | 287 | 324/178 | 29.0 | 125 | 1.05 % | 16.5 % | 12.1 % | 10.0 |
| Hisar Metal Industries Ltd | 90.4 Cr. | 167 | 247/160 | 36.6 | 119 | 0.60 % | 9.37 % | 5.06 % | 10.0 |
| Industry Average | 2,525.00 Cr | 157.95 | 37.93 | 69.90 | 0.46% | 18.19% | 11.22% | 5.75 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 469 | 443 | 401 | 422 | 409 | 415 | 397 | 439 | 415 | 495 | 427 | 428 | 434 |
| Expenses | 423 | 408 | 364 | 398 | 380 | 384 | 364 | 391 | 372 | 456 | 392 | 397 | 402 |
| Operating Profit | 46 | 35 | 36 | 24 | 29 | 31 | 33 | 49 | 42 | 39 | 35 | 31 | 32 |
| OPM % | 10% | 8% | 9% | 6% | 7% | 8% | 8% | 11% | 10% | 8% | 8% | 7% | 7% |
| Other Income | 6 | 14 | 13 | 5 | 7 | 6 | 8 | 9 | 6 | 9 | 7 | 7 | 8 |
| Interest | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 3 | 4 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 8 | 8 | 8 | 8 | 9 |
| Profit before tax | 41 | 38 | 38 | 18 | 25 | 25 | 29 | 44 | 35 | 35 | 28 | 27 | 27 |
| Tax % | 25% | 25% | 25% | 24% | 26% | 26% | 25% | 25% | 26% | 26% | 25% | 27% | 26% |
| Net Profit | 30 | 28 | 28 | 14 | 19 | 18 | 22 | 33 | 26 | 26 | 21 | 20 | 20 |
| EPS in Rs | 3.74 | 3.45 | 3.51 | 1.68 | 2.29 | 2.27 | 2.68 | 4.03 | 3.20 | 3.17 | 2.63 | 2.41 | 2.43 |
Last Updated: August 1, 2025, 9:35 am
Below is a detailed analysis of the quarterly data for Vardhman Special Steels Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 434.00 Cr.. The value appears strong and on an upward trend. It has increased from 428.00 Cr. (Mar 2025) to 434.00 Cr., marking an increase of 6.00 Cr..
- For Expenses, as of Jun 2025, the value is 402.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 397.00 Cr. (Mar 2025) to 402.00 Cr., marking an increase of 5.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 32.00 Cr.. The value appears strong and on an upward trend. It has increased from 31.00 Cr. (Mar 2025) to 32.00 Cr., marking an increase of 1.00 Cr..
- For OPM %, as of Jun 2025, the value is 7.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 7.00%.
- For Other Income, as of Jun 2025, the value is 8.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2025) to 8.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Mar 2025) to 4.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 9.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8.00 Cr. (Mar 2025) to 9.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 27.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 27.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Mar 2025) to 26.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 20.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.43. The value appears strong and on an upward trend. It has increased from 2.41 (Mar 2025) to 2.43, marking an increase of 0.02.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:11 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 367 | 658 | 653 | 674 | 859 | 1,121 | 846 | 937 | 1,368 | 1,735 | 1,661 | 1,764 | 1,783 |
| Expenses | 572 | 646 | 610 | 612 | 797 | 1,053 | 806 | 834 | 1,195 | 1,594 | 1,519 | 1,616 | 1,646 |
| Operating Profit | -205 | 12 | 43 | 62 | 62 | 68 | 40 | 104 | 174 | 141 | 142 | 148 | 138 |
| OPM % | -56% | 2% | 7% | 9% | 7% | 6% | 5% | 11% | 13% | 8% | 9% | 8% | 8% |
| Other Income | 209 | 7 | 1 | 4 | 6 | 2 | 9 | 13 | 29 | 39 | 30 | 29 | 31 |
| Interest | 12 | 20 | 23 | 28 | 21 | 24 | 26 | 20 | 17 | 18 | 18 | 19 | 17 |
| Depreciation | 6 | 14 | 17 | 18 | 22 | 24 | 26 | 30 | 27 | 28 | 31 | 33 | 34 |
| Profit before tax | -13 | -15 | 4 | 19 | 25 | 22 | -2 | 66 | 158 | 134 | 123 | 125 | 117 |
| Tax % | -28% | 0% | 0% | 0% | 0% | -0% | -244% | 33% | 36% | 25% | 25% | 26% | |
| Net Profit | -9 | -15 | 4 | 19 | 25 | 22 | 3 | 44 | 101 | 100 | 92 | 93 | 87 |
| EPS in Rs | -1.52 | -2.45 | 0.68 | 3.10 | 3.51 | 3.11 | 0.41 | 5.46 | 12.42 | 12.36 | 11.25 | 11.39 | 10.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 14% | 14% | 8% | 18% | 26% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -66.67% | 126.67% | 375.00% | 31.58% | -12.00% | -86.36% | 1366.67% | 129.55% | -0.99% | -8.00% | 1.09% |
| Change in YoY Net Profit Growth (%) | 0.00% | 193.33% | 248.33% | -343.42% | -43.58% | -74.36% | 1453.03% | -1237.12% | -130.54% | -7.01% | 9.09% |
Vardhman Special Steels Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 9% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 116% |
| 3 Years: | -3% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 50% |
| 3 Years: | 31% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 1:50 pm
Balance Sheet
Last Updated: December 4, 2025, 2:11 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 36 | 36 | 40 | 41 | 41 | 41 | 81 | 82 | 96 |
| Reserves | 167 | 151 | 161 | 180 | 304 | 326 | 373 | 419 | 514 | 602 | 638 | 716 | 1,112 |
| Borrowings | 295 | 350 | 338 | 316 | 228 | 334 | 266 | 191 | 162 | 144 | 84 | 120 | 77 |
| Other Liabilities | 83 | 94 | 97 | 99 | 109 | 194 | 90 | 153 | 204 | 244 | 237 | 218 | 274 |
| Total Liabilities | 564 | 615 | 614 | 613 | 677 | 889 | 770 | 803 | 921 | 1,031 | 1,040 | 1,136 | 1,559 |
| Fixed Assets | 210 | 230 | 251 | 265 | 250 | 280 | 310 | 283 | 289 | 294 | 325 | 309 | 472 |
| CWIP | 30 | 21 | 2 | 1 | 7 | 33 | 12 | 13 | 13 | 12 | 1 | 117 | 57 |
| Investments | 32 | 14 | 14 | 1 | 8 | 0 | 5 | 0 | 15 | 20 | 0 | 18 | 26 |
| Other Assets | 292 | 350 | 347 | 346 | 412 | 577 | 443 | 507 | 603 | 705 | 714 | 693 | 1,004 |
| Total Assets | 564 | 615 | 614 | 613 | 677 | 889 | 770 | 803 | 921 | 1,031 | 1,040 | 1,136 | 1,559 |
Below is a detailed analysis of the balance sheet data for Vardhman Special Steels Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 96.00 Cr.. The value appears strong and on an upward trend. It has increased from 82.00 Cr. (Mar 2025) to 96.00 Cr., marking an increase of 14.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,112.00 Cr.. The value appears strong and on an upward trend. It has increased from 716.00 Cr. (Mar 2025) to 1,112.00 Cr., marking an increase of 396.00 Cr..
- For Borrowings, as of Sep 2025, the value is 77.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 120.00 Cr. (Mar 2025) to 77.00 Cr., marking a decrease of 43.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 274.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 218.00 Cr. (Mar 2025) to 274.00 Cr., marking an increase of 56.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,559.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,136.00 Cr. (Mar 2025) to 1,559.00 Cr., marking an increase of 423.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 472.00 Cr.. The value appears strong and on an upward trend. It has increased from 309.00 Cr. (Mar 2025) to 472.00 Cr., marking an increase of 163.00 Cr..
- For CWIP, as of Sep 2025, the value is 57.00 Cr.. The value appears to be declining and may need further review. It has decreased from 117.00 Cr. (Mar 2025) to 57.00 Cr., marking a decrease of 60.00 Cr..
- For Investments, as of Sep 2025, the value is 26.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2025) to 26.00 Cr., marking an increase of 8.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,004.00 Cr.. The value appears strong and on an upward trend. It has increased from 693.00 Cr. (Mar 2025) to 1,004.00 Cr., marking an increase of 311.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,559.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,136.00 Cr. (Mar 2025) to 1,559.00 Cr., marking an increase of 423.00 Cr..
Notably, the Reserves (1,112.00 Cr.) exceed the Borrowings (77.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -500.00 | -338.00 | -295.00 | -254.00 | -166.00 | -266.00 | -226.00 | -87.00 | 12.00 | -3.00 | 58.00 | 28.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 122 | 99 | 109 | 102 | 83 | 61 | 78 | 87 | 59 | 55 | 58 | 54 |
| Inventory Days | 116 | 119 | 110 | 122 | 123 | 170 | 103 | 134 | 139 | 119 | 129 | 113 |
| Days Payable | 41 | 46 | 42 | 36 | 47 | 89 | 42 | 90 | 68 | 61 | 63 | 47 |
| Cash Conversion Cycle | 197 | 172 | 176 | 188 | 159 | 142 | 139 | 131 | 131 | 113 | 123 | 120 |
| Working Capital Days | -7 | -5 | 14 | 17 | 58 | 50 | 47 | 78 | 81 | 73 | 84 | 68 |
| ROCE % | -3% | -0% | 5% | 9% | 8% | 7% | 3% | 13% | 26% | 20% | 18% | 17% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Tata Small Cap Fund | 2,378,601 | 0.58 | 68.18 | 1,965,275 | 2025-10-30 04:18:52 | 21.03% |
| ICICI Prudential Smallcap Fund | 800,000 | 0.27 | 22.93 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 |
|---|---|
| FaceValue | 10.00 |
| Basic EPS (Rs.) | 11.40 |
| Diluted EPS (Rs.) | 11.37 |
| Cash EPS (Rs.) | 15.48 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 97.62 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 97.62 |
| Revenue From Operations / Share (Rs.) | 215.87 |
| PBDIT / Share (Rs.) | 21.68 |
| PBIT / Share (Rs.) | 17.58 |
| PBT / Share (Rs.) | 15.30 |
| Net Profit / Share (Rs.) | 11.39 |
| NP After MI And SOA / Share (Rs.) | 11.39 |
| PBDIT Margin (%) | 10.04 |
| PBIT Margin (%) | 8.14 |
| PBT Margin (%) | 7.08 |
| Net Profit Margin (%) | 5.27 |
| NP After MI And SOA Margin (%) | 5.27 |
| Return on Networth / Equity (%) | 11.66 |
| Return on Capital Employeed (%) | 17.46 |
| Return On Assets (%) | 8.19 |
| Total Debt / Equity (X) | 0.15 |
| Current Ratio (X) | 2.11 |
| Quick Ratio (X) | 1.04 |
| Interest Coverage Ratio (X) | 9.51 |
| Interest Coverage Ratio (Post Tax) (X) | 6.00 |
| Enterprise Value (Cr.) | 1734.09 |
| EV / Net Operating Revenue (X) | 0.98 |
| EV / EBITDA (X) | 9.79 |
| MarketCap / Net Operating Revenue (X) | 0.92 |
| Price / BV (X) | 2.04 |
| Price / Net Operating Revenue (X) | 0.92 |
| EarningsYield | 0.05 |
After reviewing the key financial ratios for Vardhman Special Steels Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. No previous period data is available for comparison.
- For Basic EPS (Rs.), as of Mar 25, the value is 11.40. This value is within the healthy range. No previous period data is available for comparison.
- For Diluted EPS (Rs.), as of Mar 25, the value is 11.37. This value is within the healthy range. No previous period data is available for comparison.
- For Cash EPS (Rs.), as of Mar 25, the value is 15.48. This value is within the healthy range. No previous period data is available for comparison.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 97.62. No previous period data is available for comparison.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 97.62. No previous period data is available for comparison.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 215.87. No previous period data is available for comparison.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 21.68. This value is within the healthy range. No previous period data is available for comparison.
- For PBIT / Share (Rs.), as of Mar 25, the value is 17.58. This value is within the healthy range. No previous period data is available for comparison.
- For PBT / Share (Rs.), as of Mar 25, the value is 15.30. This value is within the healthy range. No previous period data is available for comparison.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 11.39. This value is within the healthy range. No previous period data is available for comparison.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.39. This value is within the healthy range. No previous period data is available for comparison.
- For PBDIT Margin (%), as of Mar 25, the value is 10.04. This value is within the healthy range. No previous period data is available for comparison.
- For PBIT Margin (%), as of Mar 25, the value is 8.14. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For PBT Margin (%), as of Mar 25, the value is 7.08. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For Net Profit Margin (%), as of Mar 25, the value is 5.27. This value is within the healthy range. No previous period data is available for comparison.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.27. This value is below the healthy minimum of 8. No previous period data is available for comparison.
- For Return on Networth / Equity (%), as of Mar 25, the value is 11.66. This value is below the healthy minimum of 15. No previous period data is available for comparison.
- For Return on Capital Employeed (%), as of Mar 25, the value is 17.46. This value is within the healthy range. No previous period data is available for comparison.
- For Return On Assets (%), as of Mar 25, the value is 8.19. This value is within the healthy range. No previous period data is available for comparison.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.15. This value is within the healthy range. No previous period data is available for comparison.
- For Current Ratio (X), as of Mar 25, the value is 2.11. This value is within the healthy range. No previous period data is available for comparison.
- For Quick Ratio (X), as of Mar 25, the value is 1.04. This value is within the healthy range. No previous period data is available for comparison.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 9.51. This value is within the healthy range. No previous period data is available for comparison.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 6.00. This value is within the healthy range. No previous period data is available for comparison.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,734.09. No previous period data is available for comparison.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.98. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For EV / EBITDA (X), as of Mar 25, the value is 9.79. This value is within the healthy range. No previous period data is available for comparison.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.92. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For Price / BV (X), as of Mar 25, the value is 2.04. This value is within the healthy range. No previous period data is available for comparison.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.92. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. No previous period data is available for comparison.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Vardhman Special Steels Ltd:
- Net Profit Margin: 5.27%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 17.46% (Industry Average ROCE: 18.19%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 11.66% (Industry Average ROE: 8.42%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 6
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.04
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 29 (Industry average Stock P/E: 28.45)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.15
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 5.27%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - General | Vardhman Premises, Chandigarh Road, Ludhiana Punjab 141010 | secretarial.lud@vardhman.com http://www.vardhmansteel.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rajeev Gupta | Chairman |
| Mr. Sachit Jain | Vice Chairman & Mng.Director |
| Mr. Rajendar Kumar Rewari | Executive Director |
| Ms. Soumya Jain | Executive Director |
| Mr. Rajinder Kumar Jain | Non Executive Director |
| Mr. Toshio Ito | Non Executive Director |
| Mrs. Suchita Jain | Non Executive Director |
| Mrs. Vidya Shah | Independent Director |
| Mr. Rakesh Jain | Independent Director |
| Mr. Sanjoy Bhattacharyya | Independent Director |
| Mr. Suman Chatterjee | Independent Director |
| Mr. Hemant Bharat Ram | Independent Director |
| Mr. Randhir Singh Kalsi | Independent Director |
| Mr. Koichiro Hayashida | Addnl.Non Executive Director |
FAQ
What is the intrinsic value of Vardhman Special Steels Ltd?
Vardhman Special Steels Ltd's intrinsic value (as of 11 December 2025) is 354.58 which is 23.55% higher the current market price of 287.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 2,774 Cr. market cap, FY2025-2026 high/low of 324/178, reserves of ₹1,112 Cr, and liabilities of 1,559 Cr.
What is the Market Cap of Vardhman Special Steels Ltd?
The Market Cap of Vardhman Special Steels Ltd is 2,774 Cr..
What is the current Stock Price of Vardhman Special Steels Ltd as on 11 December 2025?
The current stock price of Vardhman Special Steels Ltd as on 11 December 2025 is 287.
What is the High / Low of Vardhman Special Steels Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Vardhman Special Steels Ltd stocks is 324/178.
What is the Stock P/E of Vardhman Special Steels Ltd?
The Stock P/E of Vardhman Special Steels Ltd is 29.0.
What is the Book Value of Vardhman Special Steels Ltd?
The Book Value of Vardhman Special Steels Ltd is 125.
What is the Dividend Yield of Vardhman Special Steels Ltd?
The Dividend Yield of Vardhman Special Steels Ltd is 1.05 %.
What is the ROCE of Vardhman Special Steels Ltd?
The ROCE of Vardhman Special Steels Ltd is 16.5 %.
What is the ROE of Vardhman Special Steels Ltd?
The ROE of Vardhman Special Steels Ltd is 12.1 %.
What is the Face Value of Vardhman Special Steels Ltd?
The Face Value of Vardhman Special Steels Ltd is 10.0.