Vardhman Special Steels Ltd

Vardhman Special Steels announced that the Board of Directors of the Company at its meeting held on 28 April 2026, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders.

Net profit of Vardhman Special Steels rose 72.23% to Rs 33.98 crore in the quarter ended March 2026 as against Rs 19.73 crore during the previous quarter ended March 2025. Sales rose 6.98% to Rs 457.92 crore in the quarter ended March 2026 as against Rs 428.04 crore during the previous quarter ended March 2025. For the full year,net profit rose 31.08% to Rs 122.02 crore in the year ended March 2026 as against Rs 93.09 crore during the previous year ended March 2025. Sales declined 0.57% to Rs 1754.43 crore in the year ended March 2026 as against Rs 1764.41 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales457.92428.04 7 1754.431764.41 -1 OPM %10.077.34 -9.498.39 - PBDT53.7935.14 53 196.92158.53 24 PBT45.9926.85 71 164.05125.06 31 NP33.9819.73 72 122.0293.09 31 Powered by Capital Market - Live

Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 28 April 2026.

Vardhman Special Steels Ltd rose 9.26% today to trade at Rs 274.8. The BSE Industrials index is up 1.97% to quote at 15192.01. The index is up 10.68 % over last one month. Among the other constituents of the index, H.G. Infra Engineering Ltd increased 8.33% and Mamata Machinery Ltd added 7.69% on the day. The BSE Industrials index went up 18.93 % over last one year compared to the 1.62% surge in benchmark SENSEX. Vardhman Special Steels Ltd has added 18.14% over last one month compared to 10.68% gain in BSE Industrials index and 3.28% rise in the SENSEX. On the BSE, 36 shares were traded in the counter so far compared with average daily volumes of 4366 shares in the past one month. The stock hit a record high of Rs 322.35 on 28 Oct 2025. The stock hit a 52-week low of Rs 202 on 21 Apr 2025.

Net profit of Vardhman Special Steels rose 56.52% to Rs 33.59 crore in the quarter ended December 2025 as against Rs 21.46 crore during the previous quarter ended December 2024. Sales rose 0.88% to Rs 430.54 crore in the quarter ended December 2025 as against Rs 426.77 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales430.54426.77 1 OPM %10.068.22 - PBDT52.7936.96 43 PBT44.8028.47 57 NP33.5921.46 57 Powered by Capital Market - Live

Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 20 January 2026.Powered by Capital Market - Live

Vardhman Special Steels has allotted 1,23,750 equity shares (including 61,875 Bonus shares on the ESOP shares in the ratio of 1:1) to the eligible employees of the Company who have exercised their stock options under 'Vardhman Special Steels Limited Employee Stock Option Plan, 2016' and 'Vardhman Special Steels Limited Employee Stock Option Plan, 2020'. Powered by Capital Market - Live

The proposed forging unit would result in forward integration of Vardhman Special Steels' existing steelmaking operations. This expansion would enable the company to offer a comprehensive, one stop solution automotive OEMs, spanning steel production through to forged components. The chain investment is aimed at strengthening the company's position within the automotive supply by expanding its value-added product portfolio and increasing participation across critical automotive components. Sachit Jain, chairman & managing director, Vardhman Special Steels, said: Over the years, we have consistently evaluated venturing into forgings with our partner Aichi Steel Corporation who is having the largest forging capacity in automotive domain with unique know-how and technologies in Japan. With the rising customer demand, market visibility and our internal capabilities now aligned, I am happy to share that we are going ahead with the setting up of a forging and machining unit in Ludhiana itself. Our entry into steel forgings is a natural progression of our steelmaking operations and positions us as a more comprehensive partner to automotive OEMs. 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 scrip rose 0.48% to currently trade at Rs 293.45 on the BSE. Powered by Capital Market - Live

Net profit of Vardhman Special Steels rose 33.85% to Rs 34.56 crore in the quarter ended September 2025 as against Rs 25.82 crore during the previous quarter ended September 2024. Sales declined 12.64% to Rs 432.27 crore in the quarter ended September 2025 as against Rs 494.82 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales432.27494.82 -13 OPM %10.477.91 - PBDT54.5843.08 27 PBT46.5034.68 34 NP34.5625.82 34 Powered by Capital Market - Live

Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 28 October 2025.Powered by Capital Market - Live