company background image
VSSL logo

Vardhman Special Steels NSEI:VSSL Stock Report

Last Price

₹300.25

Market Cap

₹24.5b

7D

-7.9%

1Y

43.9%

Updated

31 May, 2024

Data

Company Financials

Vardhman Special Steels Limited

NSEI:VSSL Stock Report

Market Cap: ₹24.5b

VSSL Stock Overview

Manufactures and sells billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally.

VSSL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Vardhman Special Steels Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vardhman Special Steels
Historical stock prices
Current Share Price₹300.25
52 Week High₹340.20
52 Week Low₹174.80
Beta0.73
1 Month Change0.99%
3 Month Change43.15%
1 Year Change43.94%
3 Year Change195.16%
5 Year Change526.50%
Change since IPO1,480.26%

Recent News & Updates

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

Recent updates

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-7.9%-3.4%-1.9%
1Y43.9%76.5%41.0%

Return vs Industry: VSSL underperformed the Indian Metals and Mining industry which returned 76.7% over the past year.

Return vs Market: VSSL exceeded the Indian Market which returned 41% over the past year.

Price Volatility

Is VSSL's price volatile compared to industry and market?
VSSL volatility
VSSL Average Weekly Movement6.4%
Metals and Mining Industry Average Movement6.9%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market4.2%

Stable Share Price: VSSL's share price has been volatile over the past 3 months.

Volatility Over Time: VSSL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19731,125Sachit Jainwww.vardhmansteel.com

Vardhman Special Steels Limited manufactures and sells billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally. It serves engineering, automotive, tractor, 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₹24.46b
Earnings (TTM)₹916.28m
Revenue (TTM)₹16.61b

26.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VSSL income statement (TTM)
Revenue₹16.61b
Cost of Revenue₹11.84b
Gross Profit₹4.77b
Other Expenses₹3.86b
Earnings₹916.28m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)11.25
Gross Margin28.72%
Net Profit Margin5.52%
Debt/Equity Ratio11.5%

How did VSSL perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

18%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.