Vardhman Special Steels Ltd
Vardhman Special Steels is engaged in manufacturing of Billets, Steel bars & Rods and Bright Bars of various categories of special and alloy steels.
- Market Cap ₹ 2,063 Cr.
- Current Price ₹ 252
- High / Low ₹ 345 / 178
- Stock P/E 22.2
- Book Value ₹ 97.6
- Dividend Yield 0.79 %
- ROCE 16.7 %
- ROE 12.3 %
- Face Value ₹ 10.0
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Part of BSE Allcap BSE Industrials BSE SmallCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
1,661 | 1,764 | |
1,519 | 1,616 | |
Operating Profit | 142 | 148 |
OPM % | 9% | 8% |
30 | 29 | |
Interest | 18 | 19 |
Depreciation | 31 | 33 |
Profit before tax | 123 | 125 |
Tax % | 25% | 26% |
92 | 93 | |
EPS in Rs | 11.25 | 11.39 |
Dividend Payout % | 18% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 63% |
3 Years: | 25% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
Equity Capital | 81 | 82 |
Reserves | 638 | 716 |
84 | 120 | |
237 | 218 | |
Total Liabilities | 1,040 | 1,136 |
325 | 316 | |
CWIP | 1 | 117 |
Investments | 0 | 10 |
714 | 693 | |
Total Assets | 1,040 | 1,136 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
142 | 127 | |
-50 | -127 | |
-94 | 3 | |
Net Cash Flow | -2 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2024 | Mar 2025 | |
---|---|---|
Debtor Days | 58 | 54 |
Inventory Days | 129 | 113 |
Days Payable | 63 | 47 |
Cash Conversion Cycle | 123 | 120 |
Working Capital Days | 98 | 94 |
ROCE % | 17% |
Documents
Announcements
-
LINK FOR AUDIO RECORDING
2d - Audio recording link of Vardhman Special Steels Q4 & FY25 earnings call shared.
- Newspaper Publication 2d
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 Apr - FY25 results: Rs.1764 Cr revenue, Rs.93 Cr PAT; Rs.2000 Cr greenfield steel plant capex planned.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
22 Apr - Announced Rs. 2,000 Cr greenfield steel plant; Q4 FY25 revenue Rs. 428 Cr; FY25 PAT Rs. 93 Cr; dividend Rs. 3/share.
-
Announcement under Regulation 30 (LODR)-Change in Management
22 Apr - Appointed Harsh Goyal & Associates as Secretarial Auditor for FY 2025-26 to 2029-30, subject to shareholder approval.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Apr 2025TranscriptNotesPPT
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT
-
Jul 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Jul 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
-
Aug 2021Transcript PPT
-
May 2021Transcript PPT
-
Jan 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Aug 2019TranscriptNotesPPT
-
May 2019Transcript PPT
-
Feb 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Dec 2018TranscriptPPT
-
Nov 2018Transcript PPT
-
Aug 2018Transcript PPT
-
May 2018Transcript PPT
Background
Vardhman Group ventured into the Steel business way back in 1973. In 2010, Vardhman Textiles Limited demerged the steel business into a separate legal entity Vardhman Special Steels Limited. [1]