Vardhman Special Steels Ltd
VSSLVardhman Special Steels Ltd
VSSL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 17.53 | 2.59 | 0.87% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.55 | 3.35 | 1.39% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Vardhaman Special Steels Limited is engaged in the manufacturing of billet, steel bars and rods, and bright bars of various categories of special and alloy steels.
Investor Presentation
View olderPeers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 655.39 | 679.45 | 865.07 | 1,122.63 | 855.60 | 950.04 | 1,397.35 | 1,773.74 | 1,691.18 | 1,778.33 | ||||||||||
Raw Materials | 325.08 | 364.22 | 488.90 | 834.15 | 393.61 | 537.41 | 897.14 | 1,146.47 | 1,032.04 | 1,582.81 | ||||||||||
| Power & Fuel Cost | 107.56 | 109.48 | 127.81 | 132.35 | 95.49 | 116.26 | 141.77 | 178.60 | 172.58 | |||||||||||
| Employee Cost | 33.69 | 39.80 | 46.73 | 51.30 | 48.13 | 59.61 | 80.99 | 89.95 | 96.21 | |||||||||||
| Selling & Administrative Expenses | 23.66 | 25.81 | 31.16 | 32.36 | 29.28 | 36.26 | 48.72 | 57.22 | 54.90 | |||||||||||
| Operating & Other expenses | 121.14 | 74.66 | 102.43 | 2.76 | 239.97 | 84.18 | 26.16 | 121.42 | 163.19 | |||||||||||
EBITDA | 44.26 | 65.48 | 68.04 | 69.71 | 49.12 | 116.32 | 202.57 | 180.08 | 172.26 | 195.52 | ||||||||||
| Depreciation/Amortization | 17.03 | 18.07 | 21.51 | 23.92 | 25.72 | 30.23 | 26.96 | 28.12 | 30.98 | 33.11 | ||||||||||
| PBIT | 27.23 | 47.41 | 46.53 | 45.79 | 23.40 | 86.09 | 175.61 | 151.96 | 141.28 | 162.41 | ||||||||||
| Interest & Other Items | 23.02 | 28.28 | 21.43 | 23.66 | 25.72 | 19.71 | 17.28 | 17.65 | 18.42 | 19.64 | ||||||||||
| PBT | 4.21 | 19.13 | 25.10 | 22.13 | -2.32 | 66.38 | 158.33 | 134.31 | 122.86 | 142.77 | ||||||||||
| Taxes & Other Items | 0.00 | 0.00 | 0.06 | -0.06 | -5.66 | 22.18 | 57.59 | 33.85 | 31.23 | 36.29 | ||||||||||
| Net Income | 4.21 | 19.13 | 25.04 | 22.19 | 3.34 | 44.20 | 100.74 | 100.46 | 91.63 | 106.48 | ||||||||||
| EPS | 0.41 | 1.88 | 2.05 | 1.55 | 0.22 | 2.73 | 8.29 | 12.37 | 11.26 | 13.07 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.38 | 1.75 | 1.00 | 2.00 | 2.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.21 | 0.08 | 0.18 | 0.15 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Vardhman Special Steels Ltd | 20.37 | 2.59 | 0.87% |
| JSW Steel Ltd | 25.55 | 2.82 | 0.99% |
| Tata Steel Ltd | -39.53 | 1.90 | 2.56% |
| Jindal Steel And Power Ltd | 16.08 | 2.13 | 0.21% |
Price Comparison
Compare VSSL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 4 Mutual Funds holding Vardhman Special Steels Ltd
| Funds (Top 4) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Tata Small Cap Fund-Direct Plan-Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.1148% | Percentage of the fund’s portfolio invested in the stock 0.61% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 55/59 (-9) |
ICICI Prudential Smallcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3864% | Percentage of the fund’s portfolio invested in the stock 0.31% | Change in the portfolio weight of the stock over the last 3 months 0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 110/130 (-1) |
JM Small Cap Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2888% | Percentage of the fund’s portfolio invested in the stock 0.88% | Change in the portfolio weight of the stock over the last 3 months -0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 76/86 (-15) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 6, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Sep 6, 2024
Cash Dividend
Ex DateEx DateSep 15, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Sep 15, 2023
Cash Dividend
Ex DateEx DateSep 16, 2022
Dividend/Share
₹3.50
Ex DateEx Date
Sep 16, 2022
Cash Dividend
Ex DateEx DateSep 2, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Sep 2, 2021
Vardhman Special Steels has appointed Randhir Singh Kalsi (DIN: 01453119) as an Independent Director on the Board of the Company for a consecutive term of 5 (five) years w.e.f. 07 November 2024. Powered by Capital Market - Live
Net profit of Vardhman Special Steels rose 39.87% to Rs 25.82 crore in the quarter ended September 2024 as against Rs 18.46 crore during the previous quarter ended September 2023. Sales rose 19.18% to Rs 494.82 crore in the quarter ended September 2024 as against Rs 415.19 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales494.82415.19 19 OPM %7.917.50 - PBDT43.0832.11 34 PBT34.6824.80 40 NP25.8218.46 40 Powered by Capital Market - Live
Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
Vardhman Special Steels has allotted 63,000 equity shares under ESOP on 01 October 2024. Powered by Capital Market - Live
Vardhman Special Steels announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live
Vardhman Special Steels standalone net profit rises 40.44% in the June 2024 quarter
Net profit of Vardhman Special Steels rose 40.44% to Rs 26.08 crore in the quarter ended June 2024 as against Rs 18.57 crore during the previous quarter ended June 2023. Sales rose 1.32% to Rs 414.78 crore in the quarter ended June 2024 as against Rs 409.36 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales414.78409.36 1 OPM %10.227.14 - PBDT43.3432.25 34 PBT35.0525.00 40 NP26.0818.57 40 Powered by Capital Market - Live
Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 25 July 2024.Powered by Capital Market - Live
Vardhman Special Steels allots 35,250 equity shares under ESOP
Secretary, Ministry of Steel Nagendra Nath Sinha congratulates VSSL on Golden Jubilee; VSSL Board recommends 1:1 bonus share
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.54%, vs industry avg of 9.86%
Increasing Market Share
Over the last 5 years, market share increased from 0.21% to 0.22%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 32.79%, vs industry avg of 4.95%