Vardhman Special Steels Capacity Expansion: ₹1,116 Cr Investment

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

Krishna Institute of Medical Sciences Capacity Expansion

KIMS Saveera Hospital in Anantapur expanded from 250 to 500 beds, with new oncology and mother-and-child blocks inaugurated November 1, 2026. No monetary value disclosed.

hospital beds

250.0 beds

Baazar Style Retail Capacity Expansion

Baazar Style Retail opened three new Style Baazar stores in Silapathar, Tajpur and Bettiah today. Its total store count now stands at 290.

Shree Ajit Pulp & Paper Capacity Expansion

Shree Ajit Pulp and Paper will install 10 MW and 7 MW captive solar plants at Vapi. Unit 1 finishes this fiscal year; unit 2 next.

Execution

Unit 1 by end of current financial year; unit 2 in next financial year

solar capacity

17.0 MW

Neogen Chemicals Capacity Expansion: ₹45 Cr Investment

Neogen Chemicals' board approved a capacity addition of 600 MT/PA with a Rs 45.00 Crore investment. Funding will come from internal accruals and debt.

Value

₹45.00 Cr

Execution

By end of next financial year

manufacturing capacity

600.0 MTPA

Pind Hospitality Capacity Expansion: ₹0.12 Cr Investment

Pind Hospitality signed an 18-year agreement to lease a 0.8016-hectare resort site in Shimla. The security deposit paid is ₹0.12 Crore, with monthly rent of ₹1.1 lakh.

Value

₹0.12 Cr

Execution

18 years

Cantabil Retail India Capacity Expansion

Cantabil Retail opened 9 new showrooms and shops across India in October 2026. Total store count now stands at 699.

new showrooms/shops opened

9.0 showrooms