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VARDHMAN SPECIAL STEELS Financial Statement Analysis
[BOM: 534392|NSE : VSSL]

The Revenues of VARDHMAN SPECIAL STEELS have increased by 6.20% YoY .
The Earnings Per Share (EPS) of VARDHMAN SPECIAL STEELS has increased by 1.24 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

VARDHMAN SPECIAL STEELS Last 5 Annual Financial Results
[BOM: 534392|NSE : VSSL]

StandaloneMar2025
Mar2024
Mar2023
Mar2022
Mar2021
Revenues ₹1,764 Cr₹1,661 Cr₹1,735 Cr₹1,368 Cr₹937 Cr
Expenses ₹1,616 Cr₹1,519 Cr₹1,594 Cr₹1,199 Cr₹834 Cr
Operating Profit (Excl OI) ₹148 Cr₹142 Cr₹141 Cr₹169 Cr₹103 Cr
Other Income ₹29 Cr₹30 Cr₹39 Cr₹34 Cr₹13 Cr
Interest ₹19 Cr₹18 Cr₹18 Cr₹17 Cr₹20 Cr
Depreciation ₹33 Cr₹31 Cr₹28 Cr₹27 Cr₹30 Cr
Profit Before Tax ₹125 Cr₹123 Cr₹134 Cr₹158 Cr₹66 Cr
Profit After Tax ₹93 Cr₹92 Cr₹100 Cr₹101 Cr₹44 Cr
Earnings Per Share (Rs)₹11.39₹11.25₹24.72₹24.84₹10.91
PAT Margin (%)5.255.495.797.364.72
ROE(%)12.3013.4916.8119.8910.14
ROCE(%)16.7117.8020.2525.7412.97
Total Debt/Equity(x)0.150.120.220.290.41

Key Financials

Market Cap : ₹ 2,861.8 Cr
Revenue (TTM) : ₹ 1,720.8 Cr
Net Profit(TTM) : ₹ 95.6 Cr
EPS (TTM) : ₹ 9.9
P/E (TTM) : 29.9

Industry Peers & Returns1W1M1Y
VARDHMAN SPECIAL STEELS 1.5% 3.8% 16.9%
JSW STEEL -3.1% -7.7% 11.9%
TATA STEEL -2.4% -2.2% 15.5%
JINDAL STAINLESS 0.7% 4.6% 7.4%
STEEL AUTHORITY OF INDIA -4.8% -8.9% 5%
APL APOLLO TUBES 4.7% 5.8% 12.6%
MOTHERSON SUMI WIRING INDIA 3.7% -2.9% 7.8%
SHYAM METALICS AND ENERGY 1% -2.5% -1.4%
WELSPUN CORP -2.3% -11.9% -1%


VARDHMAN SPECIAL STEELS Revenues
[BOM: 534392|NSE : VSSL]

Y-o-Y

6.20 %

5 Yr CAGR

17.14 %

Years Revenues % Change
Mar2025 ₹1,764 Cr
6.20
Mar2024 ₹1,661 Cr
-4.24
Mar2023 ₹1,735 Cr
26.78
Mar2022 ₹1,368 Cr
46.03
Mar2021 ₹937 Cr -


VARDHMAN SPECIAL STEELS Operating Profit
[BOM: 534392|NSE : VSSL]

Y-o-Y

4.01 %

5 Yr CAGR

9.40 %

Years Operating Profit % Change
Mar2025 ₹148 Cr
4.01
Mar2024 ₹142 Cr
0.83
Mar2023 ₹141 Cr
-16.45
Mar2022 ₹169 Cr
63.48
Mar2021 ₹103 Cr -

Operating Margins
Y-o-Y

-2.10 %

5 Yr CAGR

-6.61 %

Years Operating Margin% % Change
Mar2025 8.39%
-2.10
Mar2024 8.57%
5.28
Mar2023 8.14%
-34.09
Mar2022 12.35%
11.97
Mar2021 11.03% -

VARDHMAN SPECIAL STEELS Profit After Tax
[BOM: 534392|NSE : VSSL]

Y-o-Y

1.59 %

5 Yr CAGR

20.47 %

Years Profit After Tax % Change
Mar2025 ₹93 Cr
1.59
Mar2024 ₹92 Cr
-8.78
Mar2023 ₹100 Cr
-0.30
Mar2022 ₹101 Cr
127.97
Mar2021 ₹44 Cr -

PAT Margins
Y-o-Y

-4.37 %

5 Yr CAGR

2.70 %

Years PAT Margin(%) % Change
Mar2025 5.25 %
-4.37
Mar2024 5.49 %
-5.18
Mar2023 5.79 %
-21.33
Mar2022 7.36 %
55.93
Mar2021 4.72 % -

VARDHMAN SPECIAL STEELS Earnings Per Share (EPS)
[BOM: 534392|NSE : VSSL]

Y-o-Y

1.24 %

5 Yr CAGR

1.08 %

Years EPS % Change
Mar2025 ₹11
1.24
Mar2024 ₹11
-54.49
Mar2023 ₹25
-0.48
Mar2022 ₹25
127.68
Mar2021 ₹11 -

VARDHMAN SPECIAL STEELS Return on Capital Employed (ROCE)
[BOM: 534392|NSE : VSSL]

Y-o-Y

-6.12 %

5 Yr CAGR

6.54 %

Years ROCE % Change
Mar2025 16.71%
-6.12
Mar2024 17.8%
-12.10
Mar2023 20.25%
-21.33
Mar2022 25.74%
98.46
Mar2021 12.97% -

VARDHMAN SPECIAL STEELS Share Price vs Sensex

Current Share Price : ₹296.3
Current MarketCap: ₹ 2,861.8 Cr
Updated EOD on :Dec 19,2025

Share Price Returns(%) 1 Week 1 Month 1 Year
VARDHMAN SPECIAL STEELS

1.5%

3.8%

16.9%

SENSEX

-0.4%

-0.3%

3.9%

VARDHMAN SPECIAL STEELS related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 6.4% 8.9% 7.5%
BSE MIDSMALLCAP 4.7% 9% 8.4%
BSE INDUSTRIALS -0.1% -3.7% -9%
BSE SMALLCAP -0.2% -3.8% -11.2%
No NSE index found

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FAQ about VARDHMAN SPECIAL STEELS Financials


How the annual revenues of VARDHMAN SPECIAL STEELS have changed ?

The Revenues of VARDHMAN SPECIAL STEELS have increased by 6.20% YoY .

How the Earnings per Share (EPS) of VARDHMAN SPECIAL STEELS have changed?

The Earnings Per Share (EPS) of VARDHMAN SPECIAL STEELS has increased by 1.24 % YoY .