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Vardhman Special

  • Market Cap: Small Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE050M01012
  • NSEID: VSSL
  • BSEID: 534392
INR
208.35
8.35 (4.17%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 37.54 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

201.15209.00

52 Week

178.30345.25
Valuation
Technical
Day's Volume

CASH

37.54 k (15.40%) Volume

Shareholding (Dec 2024)

FII

0.58%

Held by 28 FIIs

DII

4.51%

Held by 5 DIIs

Promoter

60.49%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Flat results in Dec 24

  • INVENTORY TURNOVER RATIO(HY) Lowest at 4.62 times
  • PAT(Q) At Rs 21.46 cr has Fallen at -19.4 %
  • EPS(Q) Lowest at Rs 2.63
2

Stock is technically in a Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 1,703 Cr (Small Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

1.00%

stock-summary
Debt Equity

0.13

stock-summary
Return on Equity

14.05%

stock-summary
Price to Book

2.16

Revenue and Profits (1 Year):
Net Sales:
427 Cr
(Quarterly Results - Dec 2024)
Net Profit:
21 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.09%
0%
-28.09%
1 Year
-7.97%
0.67%
-7.3%
2 Years
-2.29%
2.15%
-0.14%
3 Years
56.04%
6.79%
62.83%
4 Years
173.43%
9.07%
182.5%
5 Years
817.84%
41.04%
858.88%

Latest dividend: 2 per share ex-dividend date: Sep-06-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.98%
EBIT Growth (5y)
69.83%
EBIT to Interest (avg)
5.93
Debt to EBITDA (avg)
2.43
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.76
Tax Ratio
25.29%
Dividend Payout Ratio
17.78%
Pledged Shares
0
Institutional Holding
5.09%
ROCE (avg)
13.18%
ROE (avg)
12.81%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
29
Price to Book Value
2.16
EV to EBIT
13.20
EV to EBITDA
10.47
EV to Capital Employed
2.03
EV to Sales
0.98
PEG Ratio
0.34
Dividend Yield
1.00%
ROCE (Latest)
15.29%
ROE (Latest)
14.05%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (4.49%)

FIIs

Held by 28 FIIs (0.58%)

Promoter with highest holding

Vardhman Textiles Limited (23.81%)

Highest Public shareholder

Aichi Steel Corporation (11.35%)

Individual Investors Holdings

19.52%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -13.75% vs 19.30% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -16.89% vs -1.00% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "426.77",
          "val2": "494.82",
          "chgp": "-13.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "35.08",
          "val2": "39.16",
          "chgp": "-10.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "5.09",
          "val2": "5.37",
          "chgp": "-5.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "21.46",
          "val2": "25.82",
          "chgp": "-16.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.22%",
          "val2": "7.91%",
          "chgp": "0.31%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 10.31% vs -9.62% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 40.16% vs -36.49% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "909.60",
          "val2": "824.55",
          "chgp": "10.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "81.52",
          "val2": "60.35",
          "chgp": "35.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.06",
          "val2": "8.85",
          "chgp": "13.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "51.90",
          "val2": "37.03",
          "chgp": "40.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.96%",
          "val2": "7.32%",
          "chgp": "1.64%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.36% vs -6.93% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 24.68% vs -32.20% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,336.37",
          "val2": "1,221.95",
          "chgp": "9.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "116.60",
          "val2": "93.60",
          "chgp": "24.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "15.15",
          "val2": "13.76",
          "chgp": "10.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "73.36",
          "val2": "58.84",
          "chgp": "24.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.73%",
          "val2": "7.66%",
          "chgp": "1.07%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.24% vs 26.78% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -8.78% vs -0.30% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,661.36",
          "val2": "1,734.99",
          "chgp": "-4.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "142.44",
          "val2": "141.32",
          "chgp": "0.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.42",
          "val2": "17.65",
          "chgp": "4.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "91.63",
          "val2": "100.45",
          "chgp": "-8.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.57%",
          "val2": "8.15%",
          "chgp": "0.42%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
426.77
494.82
-13.75%
Operating Profit (PBDIT) excl Other Income
35.08
39.16
-10.42%
Interest
5.09
5.37
-5.21%
Exceptional Items
0.00
0.00
Standalone Net Profit
21.46
25.82
-16.89%
Operating Profit Margin (Excl OI)
8.22%
7.91%
0.31%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -13.75% vs 19.30% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -16.89% vs -1.00% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
909.60
824.55
10.31%
Operating Profit (PBDIT) excl Other Income
81.52
60.35
35.08%
Interest
10.06
8.85
13.67%
Exceptional Items
0.00
0.00
Standalone Net Profit
51.90
37.03
40.16%
Operating Profit Margin (Excl OI)
8.96%
7.32%
1.64%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 10.31% vs -9.62% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 40.16% vs -36.49% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,336.37
1,221.95
9.36%
Operating Profit (PBDIT) excl Other Income
116.60
93.60
24.57%
Interest
15.15
13.76
10.10%
Exceptional Items
0.00
0.00
Standalone Net Profit
73.36
58.84
24.68%
Operating Profit Margin (Excl OI)
8.73%
7.66%
1.07%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 9.36% vs -6.93% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 24.68% vs -32.20% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,661.36
1,734.99
-4.24%
Operating Profit (PBDIT) excl Other Income
142.44
141.32
0.79%
Interest
18.42
17.65
4.36%
Exceptional Items
0.00
0.00
Standalone Net Profit
91.63
100.45
-8.78%
Operating Profit Margin (Excl OI)
8.57%
8.15%
0.42%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -4.24% vs 26.78% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -8.78% vs -0.30% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Vardhman Special Steels Ltd stock-summary
stock-summary
Vardhman Special Steels Ltd
Small Cap
Steel/Sponge Iron/Pig Iron
Vardhman Special Steels Limited, was incorporated on 14 May 14, 2010 in Ludhiana. The Company is one of India's leading special steel producers, developing high-quality special steel for automotive OEs operating in India. The main business of the Company consist of manufacturing billets, steel bars and bright bars of various categories of special and alloy steels. Part of the Vardhman Group, the Company is based at Ludhiana, India, with its manufacturing facility. As a part of US$1.
Company Coordinates stock-summary
Company Details
Vardhman Premises, Chandigarh Road Ludhiana Punjab : 141010
stock-summary
Tel: 91-0161-2228943-48
stock-summary
http://www.vardhmansteel.com
stock-summary
secretarial.lud@vardhman.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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