| Metric | Q2 FY27 | Q1 FY27 | Q2 FY26 |
|---|---|---|---|
| Revenue from operations | 600.1 | 486.0 | 432.3 |
| Other income | 14.7 | 9.9 | 11.2 |
| Total income | 614.8 | 495.9 | 443.5 |
| Profit before exceptional items & tax | 70.6 | 55.4 | 46.5 |
| Profit before tax | 70.6 | 55.4 | 46.5 |
| Net profit | 52.5 | 41.2 | 34.6 |
| Operating margin | 11.5% | 11.2% | 10.5% |
A dash means the filing did not report that period; n/m means not meaningful (margin on near-zero revenue). Growth is not shown when either period was a loss. Operating profit excludes other income.
| Net profit, year on year | +51.70% |
|---|---|
| Net profit, quarter on quarter | +27.40% |
| Revenue, year on year | +38.80% |
| Operating profit, year on year | +58.40% |
| Operating profit, quarter on quarter | +22.90% |
BSE results filing, NSE: VSSL. Figures extracted from the filing.
Vardhman Special Steels Ltd: key numbers
- Share price
- ₹328.70
- Market cap
- ₹3,181 Cr
- Revenue (annual)
- ₹1,754 Cr
- Net profit (annual)
- ₹122.0 Cr
- P/E (TTM)
- 19.7×Sector 16.7×
- 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 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 Board Meeting Date
Vardhman Special Steels Limited scheduled a board meeting on October 27, 2026. The board will consider and approve un-audited financial results for the quarter ended September 30, 2026.
Vardhman Special Steels Other Announcement
Vardhman Special Steels Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.