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- Vardhman Special Steels
Vardhman Special Steels share price
NSE: VSSLMetals & MiningSteel
Vardhman Special Steels at a glance
Vardhman Special Steels (NSE: VSSL) closed at ₹354.30 on 22 Oct 2026, up 0.10% on the day. With a market capitalisation of ₹3,426 Cr, it ranks 925th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Steel.
At its last close the stock traded at 27× trailing earnings, against a return on equity of 11.7% in FY25. Over the past year the share price has risen 28.2%. Its 52-week range is ₹206.40 (30 Mar 2026) to ₹428.25 (17 Sep 2026); the last close is 17.3% below the high. In Q4 FY25, the quarter ended 31 Mar 2025, revenue was ₹428 Cr (−2.6% year on year) and net profit ₹20 Cr (−39.8%), on a consolidated basis. Promoters held 51.06% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹3,426 CrRank 925 on NSE
- P/E (trailing)
- 27×
- Price to book
- 2.04×FY25
- EPS (TTM)
- ₹11.42to Q4 FY25
- ROE
- 11.7%FY25
- ROCE
- 17.5%FY25
- Debt to equity
- 0.15FY25
- Net profit margin
- 5.3%FY25
- Book value / share
- ₹97.62FY25
- Dividend payout
- 17.5%FY25
- 52-week high
- ₹428.2517 Sep 2026
- 52-week low
- ₹206.4030 Mar 2026
- 1-year return
- +28.2%
- RSI (14-day)
- 38.4
Returns to 22 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | +0.10% | −4.3% | −13.6% | +15.4% | +28.2% |
Vardhman Special Steels quarterly results
| Quarter | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|---|---|---|
| Revenue | ₹397 Cr | ₹439 Cr | ₹415 Cr | ₹495 Cr | ₹427 Cr | ₹428 Cr |
| Revenue YoY | — | — | — | — | +7.4% | −2.6% |
| Net profit | ₹22 Cr | ₹33 Cr | ₹26 Cr | ₹26 Cr | ₹21 Cr | ₹20 Cr |
| Net profit YoY | — | — | — | — | −1.6% | −39.8% |
| Net margin | 5.5% | 7.5% | 6.3% | 5.2% | 5.0% | 4.6% |
| EPS | ₹2.68 | ₹4.00 | ₹3.20 | ₹3.17 | ₹2.63 | ₹2.42 |
Vardhman Special Steels financials
| Item | FY24 | FY25 |
|---|---|---|
| Revenue | ₹1,661 Cr | ₹1,764 Cr |
| Operating profit | ₹123 Cr | ₹125 Cr |
| Net profit | ₹92 Cr | ₹93 Cr |
| EPS (₹) | ₹11.00 | ₹11.00 |
| Cash from operations | ₹142 Cr | ₹127 Cr |
| Total debt | ₹14 Cr | ₹3 Cr |
| Shareholders' equity | ₹719 Cr | ₹798 Cr |
Vardhman Special Steels shareholding pattern
| Holder | 30 Jun 2025 | 5 Jul 2025 | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 60.37% | 51.13% | 51.13% | 51.10% | 51.06% | 51.06% |
| Foreign institutions | 0.58% | 0.50% | 0.55% | 0.54% | 0.55% | 0.55% |
| Domestic institutions | 4.18% | 3.54% | 3.64% | 3.31% | 3.34% | 3.27% |
| Non-institutions | 34.87% | 44.84% | 44.69% | 45.04% | 45.05% | 45.12% |
Vardhman Special Steels vs peers
The listed Metals & Mining companies nearest to Vardhman Special Steels by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| DEEDEVDEE Development Engineers | ₹538.40 | +1.60% | +99.3% | ₹4,051 Cr | 48.3 | — |
| MIDWESTLTDMidwest | ₹1,109.70 | −2.66% | — | ₹4,013 Cr | 37.7 | — |
| KSLKalyani Steels | ₹912.05 | +0.56% | +11.4% | ₹3,981 Cr | 15.4 | — |
| VENUSPIPESVenus Pipes & Tubes | ₹1,825.70 | −0.62% | +40.7% | ₹3,782 Cr | 36.9 | — |
| DECNGOLDDeccan Gold Mines | ₹173.45 | −1.73% | — | ₹3,446 Cr | — | — |
| VSSLVardhman Special Steels | ₹354.30 | +0.10% | +28.2% | ₹3,426 Cr | 27 | — |
| WELSPLSOLWelspun Specialty Solutions | ₹44.35 | −6.63% | — | ₹2,939 Cr | — | — |
Ask anything about Vardhman Special Steels
Pivot answers on the live chart with evidence you can check, and tests strategies against VSSL's own history. Try: “Why has VSSL moved over the last three months?” · “Backtest a 50-day moving-average crossover on VSSL over five years” · “Compare VSSL with DEEDEV on margins and valuation”
Frequently asked questions about Vardhman Special Steels
What is the share price of Vardhman Special Steels today?
Vardhman Special Steels (NSE: VSSL) last closed at ₹354.30 on 22 Oct 2026. Its 52-week high is ₹428.25 and its 52-week low is ₹206.40.
What is the market cap of Vardhman Special Steels?
Vardhman Special Steels' market capitalisation is ₹3,426 Cr (₹3,426 Cr) at the 22 Oct 2026 close, ranking 925th among the NSE companies Pivot tracks.
What is the P/E ratio of Vardhman Special Steels?
Vardhman Special Steels trades at a trailing P/E of 27. The median P/E of the 4 closest Metals & Mining peers by market cap is 37.7.
What is the ROE and ROCE of Vardhman Special Steels?
Return on equity was 11.7% in FY25 and return on capital employed was 17.5% in FY25 (consolidated figures).
Is Vardhman Special Steels a debt-free company?
No. Vardhman Special Steels' debt-to-equity ratio was 0.15 in FY25, with total debt of ₹3 Cr.
What were Vardhman Special Steels' latest quarterly results?
For Q4 FY25 (quarter ended 31 Mar 2025), Vardhman Special Steels reported revenue of ₹428 Cr, −2.6% year on year, and net profit of ₹20 Cr, −39.8% year on year.
How has Vardhman Special Steels stock performed over the last year?
Vardhman Special Steels' share price has risen 28.2% over the past year, +15.4% over three months and −13.6% over one month, to the 22 Oct 2026 close.
What is the shareholding pattern of Vardhman Special Steels?
As of 30 Jun 2026: promoters 51.06%, foreign institutions 0.55%, domestic institutions 3.27%, non-institutions 45.12%.
Who are Vardhman Special Steels' competitors?
The listed Metals & Mining companies closest to Vardhman Special Steels by market cap are DEE Development Engineers, Midwest, Kalyani Steels, Venus Pipes & Tubes, Deccan Gold Mines and Welspun Specialty Solutions.
Is Vardhman Special Steels a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Vardhman Special Steels' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on VSSL against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 22 Oct 2026 (returns and ratios at the 22 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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