ALFA Finder| Margins | EBITDA guidance raised to ₹8,000-11,000/ton; future target ₹9,000-12,000/ton. |
|---|---|
| Demand visibility | Strong domestic demand; targeting 30% non-automotive mix strategically. |
| Management confidence | High; transitioning to specialized high-margin non-auto segments over 10 years. |
Growth
Volume hit the budget target of 225k tons; EBITDA guidance increased to ₹8k-11k/ton due to process efficiencies.
Outlook
New 500k-600k ton steel plant targeted for July 2029; ₹2,600cr total committed capex.
Risks
Global recession fears and raw material price volatility (gas/scrap) from Middle East tensions pose margin risks.
Earnings Call filed with NSE, NSE: VSSL. Summary written with AI assistance from the document.
Vardhman Special Steels Ltd: key numbers
- Share price
- ₹377.40
- Market cap
- ₹3,652 Cr
- Revenue (annual)
- ₹1,754 Cr
- Net profit (annual)
- ₹122.0 Cr
- P/E (TTM)
- 22.6×Sector 17.1×
- Promoter holding
- 51.18%+0.12% QoQ
- FII holding
- 0.58%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vardhman Special Steels Ltd
All →Vardhman Special Steels Other Announcement
Vardhman Special Steels filed the Crisil Monitoring Agency Report for the quarter ended 30 September 2026. It reports no deviation from the preferential issue's use of proceeds.
Vardhman Special Steels Earnings Call Transcript: Key Takeaways
Strong quarterly performance driven by robust demand and operational efficiencies, though management warns current high EBITDA levels are unsustainable.
Vardhman Special Steels Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹600.05 Cr (+38.8% YoY), PAT ₹52.49 Cr (+51.9%), EBITDA ₹83.86 Cr; H1 PAT +72%. Strategy: forging line (₹475 Cr) and ~₹2,600 Cr capex.
Vardhman Special Steels Results Update
Vardhman Special Steels posted H1 FY27 revenue of ₹1,086.06 Crore and PAT of ₹93.68 Crore. Q2 profit rose 51.88% year on year.
Vardhman Special Steels Management Change
Vardhman Special Steels appointed Mr. Iwao Shimamoto as Non-Executive Non-Independent Director effective 27 October 2026. The board move follows the May 2025 Share Subscription Agreement with Aichi Steel Corporation.
Vardhman Special Steels Q2 FY27 Results: Net Profit ₹52.5 Cr, Up 51.7% YoY
Vardhman Special Steels Ltd reported revenue from operations of ₹600.1 Cr (+38.8% YoY) and net profit of ₹52.5 Cr (+51.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹52.5 Cr · +51.7% YoY