Vardhman Special Steels Limited (NSE:VSSL)

Vardhman Special Steels Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 22, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	24,002	16,339	17,278	16,137	9,252	5,600
Market Cap Growth	20.21%	-5.43%	7.07%	74.42%	65.21%	235.27%
Enterprise Value	22,113	17,320	18,359	17,398	11,771	7,883
Last Close Price	248.25	197.72	208.32	193.24	109.48	65.96
PE Ratio	20.52	17.55	18.86	16.07	9.18	12.67
PS Ratio	1.39	0.93	1.04	0.93	0.68	0.60
PB Ratio	1.99	2.05	2.40	2.51	1.67	1.22
P/TBV Ratio	1.99	2.05	2.40	2.51	1.67	1.22
P/FCF Ratio	-	202.23	23.21	36.03	39.24	9.69
P/OCF Ratio	-	12.88	12.13	21.93	15.71	8.32
EV/Sales Ratio	1.28	0.98	1.11	1.00	0.86	0.84
EV/EBITDA Ratio	11.65	9.96	10.86	9.98	5.99	6.87
EV/EBIT Ratio	14.31	12.32	13.27	11.89	6.94	9.30
EV/FCF Ratio	-	214.36	24.66	38.85	49.92	13.64
Debt / Equity Ratio	0.06	0.15	0.12	0.22	0.29	0.42
Debt / EBITDA Ratio	0.41	0.69	0.49	0.82	0.82	1.66
Debt / FCF Ratio	-	14.89	1.12	3.21	6.87	3.30
Asset Turnover	-	1.62	1.61	1.78	1.59	1.19
Inventory Turnover	-	3.20	2.83	3.28	3.20	3.06
Quick Ratio	-	1.02	1.07	1.00	1.06	1.23
Current Ratio	-	2.11	2.38	2.18	2.27	2.09
Return on Equity (ROE)	-	12.27%	13.46%	16.78%	19.87%	10.13%
Return on Assets (ROA)	-	8.08%	8.35%	9.38%	12.30%	6.73%
Return on Invested Capital (ROIC)	11.27%	12.37%	13.30%	15.18%	16.82%	8.88%
Return on Capital Employed (ROCE)	-	17.10%	18.30%	20.60%	25.80%	14.80%
Earnings Yield	4.49%	5.70%	5.30%	6.22%	10.89%	7.89%
FCF Yield	-	0.49%	4.31%	2.77%	2.55%	10.32%
Dividend Yield	1.15%	1.52%	0.96%	0.52%	1.60%	1.14%
Payout Ratio	-	17.45%	17.69%	14.08%	6.01%	-
Buyback Yield / Dilution	-8.47%	0.17%	-0.50%	-0.04%	-0.80%	-7.44%
Total Shareholder Return	-7.32%	1.69%	0.46%	0.47%	0.80%	-6.31%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.