Vardhman Special Steels Ratios and Metrics

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 22, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Market Capitalization	26,352	20,149	16,339	17,278	16,137	9,252
Market Cap Growth	37.76%	23.32%	-5.43%	7.07%	74.42%	65.21%
Enterprise Value	25,148	18,260	17,320	18,359	17,398	11,771
Last Close Price	272.55	208.40	197.72	208.32	193.24	109.48
PE Ratio	20.76	16.51	17.55	18.86	16.07	9.18
PS Ratio	1.50	1.15	0.93	1.04	0.93	0.68
PB Ratio	2.06	1.58	2.05	2.40	2.51	1.67
P/TBV Ratio	2.06	1.58	2.05	2.40	2.51	1.67
P/FCF Ratio	-	-	202.23	23.21	36.03	39.24
P/OCF Ratio	24.89	19.03	12.88	12.13	21.93	15.71
EV/Sales Ratio	1.43	1.04	0.98	1.11	1.00	0.86
EV/EBITDA Ratio	12.04	8.74	9.96	10.86	9.98	5.99
EV/EBIT Ratio	14.29	10.38	12.32	13.27	11.89	6.94
EV/FCF Ratio	-18.39	-	214.36	24.66	38.85	49.92
Debt / Equity Ratio	0.07	0.07	0.15	0.12	0.22	0.29
Debt / EBITDA Ratio	0.45	0.45	0.69	0.49	0.82	0.82
Debt / FCF Ratio	-	-	14.89	1.12	3.21	6.87
Net Debt / Equity Ratio	-0.09	-0.09	0.12	0.11	0.18	0.24
Net Debt / EBITDA Ratio	-0.58	-0.58	0.57	0.45	0.66	0.67
Net Debt / FCF Ratio	0.88	0.88	12.27	1.02	2.55	5.54
Asset Turnover	1.27	1.27	1.62	1.61	1.78	1.59
Inventory Turnover	3.57	3.57	3.20	2.83	3.28	3.20
Quick Ratio	1.49	1.49	1.02	1.07	1.00	1.06
Current Ratio	2.90	2.90	2.11	2.38	2.18	2.27
Return on Equity (ROE)	11.76%	11.76%	12.27%	13.46%	16.78%	19.87%
Return on Assets (ROA)	7.94%	7.94%	8.08%	8.35%	9.38%	12.30%
Return on Invested Capital (ROIC)	12.03%	12.74%	12.37%	13.30%	15.18%	16.82%
Return on Capital Employed (ROCE)	13.50%	13.50%	17.10%	18.30%	20.60%	25.80%
Earnings Yield	4.63%	6.06%	5.70%	5.30%	6.22%	10.89%
FCF Yield	-5.19%	-6.79%	0.49%	4.31%	2.77%	2.55%
Dividend Yield	1.28%	1.68%	1.52%	0.96%	0.52%	1.60%
Payout Ratio	23.67%	23.67%	17.45%	17.69%	14.08%	6.01%
Buyback Yield / Dilution	-13.54%	-13.54%	0.17%	-0.50%	-0.04%	-0.80%
Total Shareholder Return	-12.25%	-11.86%	1.69%	0.46%	0.47%	0.80%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.