Vardhman Special Steels Limited
Vardhman Special Steels Limited (VSSL): company summary
The company's annual revenue fell 0.5% year-over-year, but net profit rose 31.2% due to improved margins.
Vardhman Special Steels Limited (VSSL) is a micro-cap Capital Goods company valued at ₹3,680 crore operating in Iron & Steel Products on the NSE and BSE.
- Recent price move
- Vardhman Special Steels Limited last traded at ₹375.3, modestly up 0.81% on the day.
- Recent developments
- On 2026-08-28, the company announced a dividend of ₹3.50 per share, with the ex-date set for that day. Promoter holding remained at 51.06% as of 2026-06-30, while domestic institutional holding decreased by 0.07 percentage points in the quarter.
- Financial performance
- The company's annual revenue fell 0.5% year-over-year, but net profit rose 31.2% due to improved margins. The latest quarter saw revenue rise 12.0% compared to the same quarter a year earlier, with net profit jumping 105.9% to ₹41 crore.
- Valuation multiples
- The stock trades at 28.5 times earnings, 2.96 times book value. It yields 0.9%.
- Things to watch
- The stock is 10.5% below its 52-week high, and the company's revenue growth has slowed significantly in recent years, with a 3-year CAGR of just 0.4%. Despite strong quarterly profit growth, the annual net profit margin is still relatively low at 7.0%.
- Where it stands
- The company has shown strong quarterly profit growth, with net profit rising 105.9% in the latest quarter, but annual revenue growth has slowed. The stock is currently 10.5% below its 52-week high, and the company's revenue growth has been declining in recent years.
Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by growth (8.6) and risk (8.2), but held back by valuation (2.5). Growth looks strong at 8.6, but that is offset by valuation at 2.5. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Low leverage — D/E 0.07
- Profitable in all of the last 5 years
- Profit compounding 23% a year
Growth
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Vardhman Special Steels Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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