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Vardhman Special Steels NSEI:VSSL Stock Report

Last Price

₹246.10

Market Cap

₹20.2b

7D

-3.9%

1Y

10.4%

Updated

19 Dec, 2024

Data

Company Financials

Vardhman Special Steels Limited

NSEI:VSSL Stock Report

Market Cap: ₹20.2b

VSSL Stock Overview

Engages in the manufacture and sale of billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally. More details

VSSL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Vardhman Special Steels Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vardhman Special Steels
Historical stock prices
Current Share Price₹246.10
52 Week High₹342.80
52 Week Low₹185.40
Beta0.93
1 Month Change-5.11%
3 Month Change-13.83%
1 Year Change10.38%
3 Year Change114.56%
5 Year Change642.38%
Change since IPO1,195.26%

Recent News & Updates

Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business

Oct 01
Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business

It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year

Sep 13
It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year

Recent updates

Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business

Oct 01
Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business

It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year

Sep 13
It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year

Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns

Aug 27
Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns

Vardhman Special Steels Limited's (NSE:VSSL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

May 14
Vardhman Special Steels Limited's (NSE:VSSL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch

Mar 27
Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch

We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation

Sep 21
We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation

Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly

Mar 09
Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly

Vardhman Special Steels (NSE:VSSL) Is Very Good At Capital Allocation

Dec 14
Vardhman Special Steels (NSE:VSSL) Is Very Good At Capital Allocation

We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation

Sep 23
We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation

Does Vardhman Special Steels (NSE:VSSL) Deserve A Spot On Your Watchlist?

May 26
Does Vardhman Special Steels (NSE:VSSL) Deserve A Spot On Your Watchlist?

Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly

Mar 30
Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly

Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns

Aug 22
Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns

Is Vardhman Special Steels (NSE:VSSL) Using Too Much Debt?

Jul 22
Is Vardhman Special Steels (NSE:VSSL) Using Too Much Debt?

Shareholder Returns

VSSLIN Metals and MiningIN Market
7D-3.9%-4.2%-1.9%
1Y10.4%32.7%24.7%

Return vs Industry: VSSL underperformed the Indian Metals and Mining industry which returned 32.7% over the past year.

Return vs Market: VSSL underperformed the Indian Market which returned 24.7% over the past year.

Price Volatility

Is VSSL's price volatile compared to industry and market?
VSSL volatility
VSSL Average Weekly Movement4.2%
Metals and Mining Industry Average Movement6.0%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: VSSL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: VSSL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19731,247Sachit Jainwww.vardhmansteel.com

Vardhman Special Steels Limited engages in the manufacture and sale of billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally. Its customers include passenger vehicles, two wheelers, commercial vehicles, tractors, and railways, as well as engineering, bearing, and allied industries. The company Limited was founded in 1973 and is headquartered in Ludhiana, India.

Vardhman Special Steels Limited Fundamentals Summary

How do Vardhman Special Steels's earnings and revenue compare to its market cap?
VSSL fundamental statistics
Market cap₹20.19b
Earnings (TTM)₹1.06b
Revenue (TTM)₹17.46b

18.8x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VSSL income statement (TTM)
Revenue₹17.46b
Cost of Revenue₹10.88b
Gross Profit₹6.59b
Other Expenses₹5.52b
Earnings₹1.06b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)13.06
Gross Margin37.72%
Net Profit Margin6.10%
Debt/Equity Ratio18.7%

How did VSSL perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 13:57
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vardhman Special Steels Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research
Anupam GuptaIIFL Research