Vardhman Special Steels Limited (NSE:VSSL)

Vardhman Special Steels Statistics

Total Valuation

NSE:VSSL has a market cap or net worth of INR 24.00 billion. The enterprise value is 22.11 billion.

Market Cap	24.00B
Enterprise Value	22.11B

Important Dates

The last earnings date was Tuesday, January 20, 2026.

Earnings Date	Jan 20, 2026
Ex-Dividend Date	Sep 12, 2025

Share Statistics

NSE:VSSL has 96.69 million shares outstanding. The number of shares has increased by 8.47% in one year.

Current Share Class	96.69M
Shares Outstanding	96.69M
Shares Change (YoY)	+8.47%
Shares Change (QoQ)	+0.81%
Owned by Insiders (%)	15.69%
Owned by Institutions (%)	4.02%
Float	20.45M

Valuation Ratios

The trailing PE ratio is 20.52.

PE Ratio	20.52
Forward PE	n/a
PS Ratio	1.39
PB Ratio	1.99
P/TBV Ratio	1.99
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	20.52
EV / Sales	1.28
EV / EBITDA	11.65
EV / EBIT	14.31
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.06
Debt / EBITDA	0.41
Debt / FCF	n/a
Interest Coverage	13.10

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	11.27%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	5.73%
Revenue Per Employee	12.65M
Profits Per Employee	790,731
Employee Count	1,363
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, NSE:VSSL has paid 371.40 million in taxes.

Income Tax	371.40M
Effective Tax Rate	25.63%

Stock Price Statistics

The stock price has increased by +8.71% in the last 52 weeks. The beta is 0.24, so NSE:VSSL's price volatility has been lower than the market average.

Beta (5Y)	0.24
52-Week Price Change	+8.71%
50-Day Moving Average	280.01
200-Day Moving Average	266.86
Relative Strength Index (RSI)	24.86
Average Volume (20 Days)	48,302

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NSE:VSSL had revenue of INR 17.25 billion and earned 1.08 billion in profits. Earnings per share was 12.10.

Revenue	17.25B
Gross Profit	6.53B
Operating Income	1.54B
Pretax Income	1.45B
Net Income	1.08B
EBITDA	1.90B
EBIT	1.54B
Earnings Per Share (EPS)	12.10

Balance Sheet

The company has 2.66 billion in cash and 774.71 million in debt, with a net cash position of 1.89 billion or 19.54 per share.

Cash & Cash Equivalents	2.66B
Total Debt	774.71M
Net Cash	1.89B
Net Cash Per Share	19.54
Equity (Book Value)	12.08B
Book Value Per Share	126.18
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 37.84%, with operating and profit margins of 8.96% and 6.25%.

Gross Margin	37.84%
Operating Margin	8.96%
Pretax Margin	8.40%
Profit Margin	6.25%
EBITDA Margin	11.00%
EBIT Margin	8.96%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 3.00, which amounts to a dividend yield of 1.15%.

Dividend Per Share	3.00
Dividend Yield	1.15%
Dividend Growth (YoY)	50.00%
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-8.47%
Shareholder Yield	-7.32%
Earnings Yield	4.49%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 26, 2023. It was a forward split with a ratio of 2.

Last Split Date	May 26, 2023
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	2