What is the share price of Vardhman Special Steels Ltd (VSSL) today?
The share price of VSSL as on 19th June 2025 is ₹246.75. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Vardhman Special Steels Ltd (VSSL) share?
The past returns of Vardhman Special Steels Ltd (VSSL) share are- Past 1 week: -5.40%
- Past 1 month: -2.72%
- Past 3 months: 33.32%
- Past 6 months: 0.75%
- Past 1 year: -15.91%
- Past 3 years: 136.73%
- Past 5 years: 706.47%
What are the peers or stocks similar to Vardhman Special Steels Ltd (VSSL)?
The peers or stocks similar to Vardhman Special Steels Ltd (VSSL) include:What is the dividend yield % of Vardhman Special Steels Ltd (VSSL) share?
The current dividend yield of Vardhman Special Steels Ltd (VSSL) is 1.20.What is the market cap of Vardhman Special Steels Ltd (VSSL) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Vardhman Special Steels Ltd (VSSL) is ₹2038.43 Cr as of 19th June 2025.What is the 52 week high and low of Vardhman Special Steels Ltd (VSSL) share?
The 52-week high of Vardhman Special Steels Ltd (VSSL) is ₹339 and the 52-week low is ₹178.What is the PE and PB ratio of Vardhman Special Steels Ltd (VSSL) stock?
The P/E (price-to-earnings) ratio of Vardhman Special Steels Ltd (VSSL) is 21.90. The P/B (price-to-book) ratio is 2.83.Which sector does Vardhman Special Steels Ltd (VSSL) belong to?
Vardhman Special Steels Ltd (VSSL) belongs to the Materials sector & Iron & Steel sub-sector.How to buy Vardhman Special Steels Ltd (VSSL) shares?
You can directly buy Vardhman Special Steels Ltd (VSSL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Vardhman Special Steels Ltd
VSSL Share Price
VSSL Stock Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
VSSL Performance & Key Metrics
VSSL Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
21.90 | 2.83 | 1.20% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
27.05 | 3.44 | 1.61% |
VSSL Analyst Ratings & Forecast
Price Upside
Earnings Growth
Rev. Growth
VSSL Company Profile
Vardhaman Special Steels Limited is engaged in the manufacturing of billet, steel bars and rods, and bright bars of various categories of special and alloy steels.
VSSL Sentiment Analysis
VSSL Sentiment Analysis
VSSL Stock Summary · April 2025
In the fourth quarter of FY 2025, the company showcased robust operational achievements, notably reaching a production capacity of 300,000 tons per year and planning a significant investment in a new green steel plant to enhance product quality. Despite a year-over-year sales volume increase of 11%, revenue growth was constrained to 6.2% due to price reductions and operational disruptions, leading to a decline in EBITDA margins. The strategic shift towards local sourcing for European OEMs and a focus on the growing domestic alloy steel market present promising opportunities, even as pricing pressures from competition and imports pose challenges. The management's commitment to sustainability and operational efficiency, alongside a cautious financial approach, reflects confidence in future growth while maintaining a healthy dividend policy. Overall, the company is poised for expansion, with plans to reduce outsourcing and enhance production capabilities, despite navigating short-term market dynamics.
VSSL Stock Growth Drivers
VSSL Stock Growth Drivers
7Record Production and Sales Achievements
Vardhman Special Steels Limited has achieved significant milestones in production and sales, including a total
Kocks Sizing Block Implementation
The company has implemented a Kocks sizing block in its rolling mill, enhancing diameter control
VSSL Stock Challenges
VSSL Stock Challenges
5Production Challenges and Capacity Constraints
The company has faced significant production challenges due to a recent plant shutdown, which has
High Working Capital Inventory
As of March 31, the company reported high working capital inventory levels, particularly in finished
VSSL Forecast
VSSL Forecasts
Price
Revenue
Earnings
VSSL Company Revenue Forecast
VSSL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
VSSL Stock EPS (Earnings Per Share) Forecast
VSSL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
VSSL
VSSL
Income
Balance Sheet
Cash Flow
VSSL Income Statement
VSSL Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 679.45 | 865.07 | 1,122.63 | 855.60 | 950.04 | 1,397.35 | 1,773.74 | 1,691.18 | 1,793.52 | 1,793.52 | ||||||||||
Raw Materials | 364.22 | 488.90 | 834.15 | 393.61 | 537.41 | 897.14 | 1,146.47 | 1,032.04 | 1,616.37 | 1,616.37 | ||||||||||
Power & Fuel Cost | 109.48 | 127.81 | 132.35 | 95.49 | 116.26 | 141.77 | 178.60 | 172.58 | ||||||||||||
Employee Cost | 39.80 | 46.73 | 51.30 | 48.13 | 59.61 | 80.99 | 89.95 | 96.21 | ||||||||||||
Selling & Administrative Expenses | 25.81 | 31.16 | 32.36 | 29.28 | 36.26 | 48.72 | 57.22 | 54.90 | ||||||||||||
Operating & Other expenses | 74.66 | 102.43 | 2.76 | 239.97 | 84.18 | 26.16 | 121.42 | 163.19 | ||||||||||||
EBITDA | 65.48 | 68.04 | 69.71 | 49.12 | 116.32 | 202.57 | 180.08 | 172.26 | 177.15 | 177.15 | ||||||||||
Depreciation/Amortization | 18.07 | 21.51 | 23.92 | 25.72 | 30.23 | 26.96 | 28.12 | 30.98 | 33.47 | 33.47 | ||||||||||
PBIT | 47.41 | 46.53 | 45.79 | 23.40 | 86.09 | 175.61 | 151.96 | 141.28 | 143.68 | 143.68 | ||||||||||
Interest & Other Items | 28.28 | 21.43 | 23.66 | 25.72 | 19.71 | 17.28 | 17.65 | 18.42 | 18.63 | 18.63 | ||||||||||
PBT | 19.13 | 25.10 | 22.13 | -2.32 | 66.38 | 158.33 | 134.31 | 122.86 | 125.05 | 125.05 | ||||||||||
Taxes & Other Items | 0.00 | 0.06 | -0.06 | -5.66 | 22.18 | 57.59 | 33.85 | 31.23 | 31.97 | 31.96 | ||||||||||
Net Income | 19.13 | 25.04 | 22.19 | 3.34 | 44.20 | 100.74 | 100.46 | 91.63 | 93.08 | 93.09 | ||||||||||
EPS | 1.88 | 2.05 | 1.55 | 0.22 | 2.73 | 8.29 | 12.37 | 11.26 | 11.40 | 11.43 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.38 | 1.75 | 1.00 | 2.00 | 3.00 | 2.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.21 | 0.08 | 0.18 | 0.26 | 0.18 |
VSSL Company Updates
Investor Presentation
VSSL Stock Peers
VSSL Past Performance & Peer Comparison
VSSL Past Performance & Peer Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Vardhman Special Steels Ltd | 21.90 | 2.83 | 1.20% |
JSW Steel Ltd | 68.70 | 3.02 | — |
Tata Steel Ltd | 55.51 | 2.08 | 2.36% |
Jindal Steel And Power Ltd | 32.16 | 2.02 | 0.22% |
VSSL Stock Price Comparison
Compare VSSL with any stock or ETFVSSL Holdings
VSSL Shareholdings
VSSL Promoter Holdings Trend
VSSL Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
VSSL Institutional Holdings Trend
VSSL Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
VSSL Shareholding Pattern
VSSL Shareholding Pattern
VSSL Shareholding History
VSSL Shareholding History
Mutual Funds Invested in VSSL
Mutual Funds Invested in VSSL
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 3 Mutual Funds holding Vardhman Special Steels Ltd
Funds (Top 3) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.35% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/132 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.34% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/87 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.65% | Change in the portfolio weight of the stock over the last 3 months 0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/64 (0) |
Compare 3-month MF holding change on Screener
smallcases containing VSSL stock
smallcases containing VSSL stock
Looks like this stock is not in any smallcase yet.
VSSL Events
VSSL Events
VSSL Dividend Trend
VSSL has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 1.18%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.77 every year
Dividends
Corp. Actions
Announcements
Legal Orders
VSSL Dividend Trend
VSSL has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 1.18%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.77 every year
VSSL Upcoming Dividends
VSSL Upcoming Dividends
No upcoming dividends are available
VSSL Past Dividends
VSSL Past Dividends
Cash Dividend
Ex DateEx DateSep 6, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Sep 6, 2024
Cash Dividend
Ex DateEx DateSep 15, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Sep 15, 2023
Cash Dividend
Ex DateEx DateSep 16, 2022
Dividend/Share
₹3.50
Ex DateEx Date
Sep 16, 2022
Cash Dividend
Ex DateEx DateSep 2, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Sep 2, 2021
VSSL Stock News & Opinions
VSSL Stock News & Opinions
Vardhman Special Steels (VSSL) announce the formal signing of an agreement with Aichi Steel Corporation, Japan (Aichi Steel), marking a significant milestone in their strategic partnership. Aichi Steel has increased its equity stake in VSSL from 11.33% to 24.90%. This investment represents a further deepening of the long-standing relationship between the two companies and underscores Aichi Steel's growing confidence in VSSL and the Indian steel market. The enhanced partnership is aligned with the shared vision of both organizations to develop a world-class green steel manufacturing facility in India, aimed at producing high-quality special steels for the global automotive and engineering industries. The upcoming plant with a manufacturing capacity of 5 lac TPA with an estimated capex of Rs. 2000 crores, backed by technical support from Aichi Steel, will integrate advanced Japanese processes and technology to serve both domestic and ASEAN markets. Powered by Capital Market - Live
Vardhman Special Steels announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 25 June 2025.Powered by Capital Market - Live
Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live
The Board of Vardhman Special Steels will meet on 29 May 2025 to consider fund raising by way of preferential issue of equity shares. Powered by Capital Market - Live
Revenue from operations stood at Rs 428.04 crore in Q4 FY25, as against Rs 439.41 crore in Q4 FY24, a decrease of 2.59% YoY. This was mainly due to decline in realisations inspite of increased volumes. The company's sales volumes for the quarter increased by 3.29% to 53,834 tonnes from 52,118 tonnes recorded in Q4 FY24. This was despite a shutdown of 14 days in Rolling mill in Mar'25. EBITDA fell by 32.89% YoY to Rs 38.62 crore in Q4 FY25, primarily due to lower gross margins. EBITDA per ton for the quarter was Rs. 7,174. Vardhman Special Steels has recorded 1.59% rise in net profit to Rs 93.09 crore on a 6.20% increase in revenue from operations to Rs 1,764.41 crore in FY25 as compared with FY24. The company stated that it is setting up a new Greenfield steel plant in the state of Punjab for the manufacturing of special and alloy steel. The planned capacity is 5,00,000 MT per annum of billet production with commensurate rolling mill and testing facilities. The total capital expenditure for the project is estimated at approximately Rs 2,000 crore. The project will be funded through a mix of internal accruals, equity, and debt. The new capacity is expected to be commissioned by FY 2029'30. The plant will address the capacity shortage after 2028 primarily for existing product lines. Sachit Jain, vice chairman & managing director, Vardhman Special Steels, said: 'Looking ahead, market demand remains muted. As a result, opportunities for price increases are limited. Raw material prices are relatively stable. Working capital borrowings increased due to inventory build-up in preparation for the planned shutdown. However, the process of the inventory going back to normal level has already started. During the year we have reduced our long term borrowings to Rs 3.29 crore and will continue to bring it down further going forward. As planned, the Kocks Block has been successfully commissioned and is currently in the stabilization phase. Once fully operational, it is expected to enhance productivity and reduce inventory requirements. We remain focused on improving operational efficiency and positioning the company for sustainable long term growth. The company has announced a dividend of Rs. 3 per share for FY25 as against Rs. 2 in FY24. Vardhman Special Steels is one of India's leading producers of special steels, catering to diverse requirements of automotive, engineering, tractors, bearings and allied industries. The company also takes care of steel requirements of select customers for forging applications in international markets of Thailand, Taiwan, Turkey, Italy, Russia, Germany, Vietnam and Japan. The scrip was locked in 20% upper circuit at Rs 249 on the BSE. Powered by Capital Market - Live
Sigma Solve Ltd, Mindteck (India) Ltd, Modi Rubber Ltd and Manaksia Steels Ltd are among the other gainers in the BSE's 'B' group today, 23 April 2025.Vardhman Special Steels Ltd surged 20.00% to Rs 249 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 82136 shares were traded on the counter so far as against the average daily volumes of 6979 shares in the past one month. Sigma Solve Ltd soared 20.00% to Rs 333.95. The stock was the second biggest gainer in 'B' group. On the BSE, 18804 shares were traded on the counter so far as against the average daily volumes of 865 shares in the past one month. Mindteck (India) Ltd spiked 17.08% to Rs 212.2. The stock was the third biggest gainer in 'B' group. On the BSE, 2.22 lakh shares were traded on the counter so far as against the average daily volumes of 8319 shares in the past one month. Modi Rubber Ltd gained 15.16% to Rs 123.8. The stock was the fourth biggest gainer in 'B' group. On the BSE, 38345 shares were traded on the counter so far as against the average daily volumes of 652 shares in the past one month. Manaksia Steels Ltd rose 15.06% to Rs 69.53. The stock was the fifth biggest gainer in 'B' group. On the BSE, 4.7 lakh shares were traded on the counter so far as against the average daily volumes of 45727 shares in the past one month. Powered by Capital Market - Live
Net profit of Vardhman Special Steels declined 39.83% to Rs 19.73 crore in the quarter ended March 2025 as against Rs 32.79 crore during the previous quarter ended March 2024. Sales declined 2.59% to Rs 428.04 crore in the quarter ended March 2025 as against Rs 439.41 crore during the previous quarter ended March 2024. For the full year,net profit rose 1.59% to Rs 93.09 crore in the year ended March 2025 as against Rs 91.63 crore during the previous year ended March 2024. Sales rose 6.20% to Rs 1764.41 crore in the year ended March 2025 as against Rs 1661.36 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales428.04439.41 -3 1764.411661.36 6 OPM %7.3511.11 -8.398.57 - PBDT35.1552.88 -34 158.53153.84 3 PBT26.8543.89 -39 125.06122.86 2 NP19.7332.79 -40 93.0991.63 2 Powered by Capital Market - Live
Vardhman Special Steels announced that the Board of Directors of the Company at its meeting held on 22 April 2025, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 22 April 2025.Powered by Capital Market - Live
Net profit of Vardhman Special Steels declined 1.60% to Rs 21.46 crore in the quarter ended December 2024 as against Rs 21.81 crore during the previous quarter ended December 2023. Sales rose 7.39% to Rs 426.77 crore in the quarter ended December 2024 as against Rs 397.40 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales426.77397.40 7 OPM %8.228.37 - PBDT36.9636.60 1 PBT28.4729.17 -2 NP21.4621.81 -2 Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 8.54%, vs industry avg of 9.87%
Over the last 5 years, market share increased from 0.21% to 0.22%
Over the last 5 years, net income has grown at a yearly rate of 32.79%, vs industry avg of 5.07%