| Management target | Revenue FY35 |
|---|
| Revenue growth | 12.06% YoY in Q1 FY27 |
|---|---|
| Margins | EBITDA margin improvement via solar power and efficiency |
| Demand visibility | Sustained demand across key customer segments |
| Management confidence | High |
Growth
Revenue hit ₹486 Cr (up 12.06%); EBITDA grew 73.6% to ₹68.3 Cr; PAT doubled to ₹41.2 Cr.
Outlook
Investing ₹475 Cr in forging facility; target ₹2000 Cr greenfield plant by FY30 for 1MT capacity.
Risks
Global economic performance, domestic competition, and industry-wide fluctuations in raw material prices.
Investor Presentation 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