Vardhman Special

Market Cap: Small Cap
Industry: Iron & Steel Products
ISIN: INE050M01012
NSEID: VSSL
BSEID: 534392

INR

279.25

-1.1 (-0.39%)

BSENSE

Dec 05

BSE+NSE Vol: 1.18 k

{
  "main_header": {
    "sid": 141577,
    "name": "Vardhman Special",
    "stock_name": "Vardhman Special",
    "full_name": "Vardhman Special Steels Ltd",
    "name_url": "stocks-analysis/vardhman-special",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "279.25",
    "chg": -1.1,
    "chgp": "-0.39%",
    "dir": -1,
    "prev_price": "280.35",
    "mcapval": "2,696.49 Cr",
    "mcap": "Small Cap",
    "scripcode": 534392,
    "symbol": "VSSL",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE050M01012",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "1.18 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/vardhman-special-141577-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  "news": {
    "results": [
      {
        "title": "Vardhman Special Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marketsmojo-downgrades-vardhman-special-from-buy-to-hold-on-25-nov-2025-3736835",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/VardhmanSpecial_mojoScore_3736835.png",
        "date": "2025-11-29 17:52:21",
        "description": "Vardhman Special, a small-cap player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting nuanced shifts across key financial and technical parameters. The stock’s recent performance and fundamental indicators present a complex picture for investors navigating the steel industry landscape."
      },
      {
        "title": "How has been the historical performance of Vardhman Special?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-vardhman-special-3729577",
        "imagepath": "",
        "date": "2025-11-25 22:50:52",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>For the fiscal year ending March 2025, Vardhman Special reported consolidated net sales of ₹1,764.41 crores, up from ₹1,661.36 crores in the previous year. This represents a growth of approximately 6.2%, signalling a positive top-line momentum. The total operating income mirrored this increase, as there was no other operating income reported in either year.</p>\n<p>On the cost front, raw material expenses rose to ₹1,093.68 crores from ₹1,030.62 crores, reflecting the higher sales volume and possibly inflationary pressures. Employee costs and power expenses also increased modestly, consistent with operational scaling. Total expenditure excluding depreciation increased by around 6.4% to ₹1,616.37 crores.</p>\n<p>Operating profit before other incom..."
      },
      {
        "title": "Is Vardhman Special technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-vardhman-special-technically-bullish-or-bearish-3723587",
        "imagepath": "",
        "date": "2025-11-24 08:14:06",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Overview of Recent Price Movements and Technical Trend</strong></p>\n<p>As of 21 November 2025, Vardhman Special's technical trend shifted from bullish to mildly bullish, signalling a subtle tempering of upward momentum. The stock closed at ₹280.00, slightly down from the previous close of ₹285.55. Intraday trading saw a high of ₹283.20 and a low of ₹276.95, indicating a relatively narrow trading range. The stock remains comfortably above its 52-week low of ₹178.30 but still below its 52-week high of ₹322.35, suggesting room for both upside and downside movements.</p>\n<p><strong>Key Technical Indicators: Mixed Signals</strong></p>\n<p>Examining the Moving Average Convergence Divergence (MACD), both weekly and monthly charts remain bullish, which is a positive sign for medium to long-term momen..."
      },
      {
        "title": "Vardhman Special Steels Sees Shift in Technical Momentum Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/vardhman-special-steels-sees-technical-momentum-shift-amid-mixed-market-signals-3723610",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/VardhmanSpecial_technicaldot_3723610.png",
        "date": "2025-11-24 08:00:23",
        "description": "Vardhman Special Steels, a key player in the Iron & Steel Products sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Recent evaluation adjustments highlight a transition from a bullish to a mildly bullish trend, with technical indicators such as MACD, RSI, and moving averages offering a mixed but insightful perspective on the stock’s near-term trajectory."
      },
      {
        "title": "Vardhman Special Steels Shows Bullish Momentum Amid Technical Shifts",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/vardhman-special-steels-gains-momentum-as-technical-indicators-turn-bullish-3719537",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/VardhmanSpecial_technicaldot_3719537.png",
        "date": "2025-11-21 08:00:30",
        "description": "Vardhman Special Steels has exhibited a notable shift in its technical momentum, reflecting a bullish trend across multiple timeframes. The stock’s recent price action, supported by key technical indicators such as MACD and moving averages, signals a strengthening position within the Iron & Steel Products sector, even as some oscillators remain neutral."
      },
      {
        "title": "How has been the historical performance of Vardhman Special?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-vardhman-special-3694542",
        "imagepath": "",
        "date": "2025-11-12 23:45:37",
        "description": "Answer:\nThe historical performance of Vardhman Special shows a steady growth in net sales and profit over the past year.\n\nBreakdown:\nIn the fiscal year ending March 2025, Vardhman Special reported net sales of 1,764.41 Cr, an increase from 1,661.36 Cr in March 2024. Total operating income mirrored this growth, remaining at 1,764.41 Cr for March 2025. The company's total expenditure rose to 1,616.37 Cr from 1,518.92 Cr, driven by higher raw material costs, which increased to 1,093.68 Cr from 1,030.62 Cr. Operating profit (PBDIT) also saw an uptick, reaching 177.15 Cr compared to 172.26 Cr the previous year. Consequently, profit before tax improved to 125.06 Cr from 122.86 Cr, leading to a profit after tax of 93.09 Cr, up from 91.63 Cr. The earnings per share increased slightly to 11.39 from 11.25, while the operating profit margin decreased to 8.39% from 8.57%. On the balance sheet, total liabilities rose to..."
      },
      {
        "title": "Is Vardhman Special overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-vardhman-special-overvalued-or-undervalued-3687516",
        "imagepath": "",
        "date": "2025-11-11 08:08:13",
        "description": "As of 10 November 2025, Vardhman Special's valuation grade has moved from attractive to fair. The company is currently fairly valued. Key ratios include a PE ratio of 30.00, an EV to EBITDA of 6.81, and a Price to Book Value of 0.24. In comparison to peers, JSW Steel is considered expensive with a PE ratio of 47.11, while Tata Steel is also fairly valued with a PE ratio of 46.66.\n\nDespite the recent downgrade in valuation grade, Vardhman Special has shown strong performance relative to the Sensex, with a year-to-date return of 30.19% compared to the Sensex's 6.91%. This indicates that while the company is currently fairly valued, its strong stock performance may suggest potential for future growth...."
      },
      {
        "title": "Why is Vardhman Special falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-vardhman-special-fallingrising-3662603",
        "imagepath": "",
        "date": "2025-10-31 22:04:26",
        "description": "As of 31-Oct, Vardhman Special Steels Ltd is experiencing a decline in its stock price, currently at Rs 286.00, reflecting a decrease of Rs 6.3 or 2.16%. The stock has underperformed its sector by 1.64% today and has been on a consecutive fall for the last four days, resulting in a total decline of 9.38% during this period. Despite a strong long-term performance with a year-to-date increase of 25.30% and a three-year increase of 117.99%, the recent trend indicates a downturn, exacerbated by a significant drop in delivery volume, which fell by 62.33% against the five-day average. Additionally, while the company has shown strong financial metrics, such as a low Debt to EBITDA ratio and healthy operating profit growth, its profits have recently fallen by 10.2%, contributing to investor concerns.\n\nIn the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark..."
      },
      {
        "title": "Is Vardhman Special overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-vardhman-special-overvalued-or-undervalued-3657100",
        "imagepath": "",
        "date": "2025-10-30 08:05:58",
        "description": "As of 29 October 2025, the valuation grade for Vardhman Special has moved from expensive to attractive, indicating a shift in perception regarding its value. The company is currently considered undervalued. Key ratios include a PE Ratio of 29.90, an EV to EBITDA of 6.75, and a Price to Book Value of 0.24, which suggest that the stock is trading at a favorable valuation compared to its earnings and book value.\n\nIn comparison to peers, Vardhman Special's PE Ratio is significantly lower than that of JSW Steel at 48.23 and Tata Steel at 47.63, both of which are classified as expensive. Additionally, the PEG Ratio of Vardhman is 0.00, indicating strong growth potential relative to its price. Notably, Vardhman Special has outperformed the Sensex with a year-to-date return of 29.68% compared to the Sensex's 8.78%, reinforcing the attractiveness of its current valuation...."
      }
    ],
    "total": 245,
    "sid": "141577",
    "stock_news_url": "https://www.marketsmojo.com/news/vardhman-special-steels-141577"
  },
  "announcements": [
    {
      "caption": "Analysts/Investors Meet - Outcome",
      "datetime": "27-Nov-2025",
      "details": "Please find enclosed herewith intimation regarding outcome of Analysts/ Investors meet.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Management",
      "datetime": "25-Nov-2025",
      "details": "Please find enclosed herewith intimation regarding Change in Senior Management.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "24-Nov-2025",
      "details": "Please find enclosed herewith intimation regarding Analysts/ Investor Meet scheduled to be held on 27.11.2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Vardhman Special Steels Ltd has declared <strong>30%</strong> dividend, ex-date: 12 Sep 25",
          "dt": "2025-09-12",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Vardhman Special Steels Ltd has announced <strong>1:1</strong> bonus issue, ex-date: 26 May 23",
          "dt": "2023-05-26",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Vardhman Special Steels Ltd has announced <strong>2:3</strong> rights issue, ex-date: 07 Apr 17",
          "dt": "2017-04-07",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

Vardhman Special Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-11-29 17:52:21

Vardhman Special, a small-cap player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting nuanced shifts across key financial and technical parameters. The stock’s recent performance and fundamental indicators present a complex picture for investors navigating the steel industry landscape.

How has been the historical performance of Vardhman Special?

2025-11-25 22:50:52

Revenue and Profitability Trends

For the fiscal year ending March 2025, Vardhman Special reported consolidated net sales of ₹1,764.41 crores, up from ₹1,661.36 crores in the previous year. This represents a growth of approximately 6.2%, signalling a positive top-line momentum. The total operating income mirrored this increase, as there was no other operating income reported in either year.

On the cost front, raw material expenses rose to ₹1,093.68 crores from ₹1,030.62 crores, reflecting the higher sales volume and possibly inflationary pressures. Employee costs and power expenses also increased modestly, consistent with operational scaling. Total expenditure excluding depreciation increased by around 6.4% to ₹1,616.37 crores.

Operating profit before other incom...

Is Vardhman Special technically bullish or bearish?

2025-11-24 08:14:06

Overview of Recent Price Movements and Technical Trend

As of 21 November 2025, Vardhman Special's technical trend shifted from bullish to mildly bullish, signalling a subtle tempering of upward momentum. The stock closed at ₹280.00, slightly down from the previous close of ₹285.55. Intraday trading saw a high of ₹283.20 and a low of ₹276.95, indicating a relatively narrow trading range. The stock remains comfortably above its 52-week low of ₹178.30 but still below its 52-week high of ₹322.35, suggesting room for both upside and downside movements.

Key Technical Indicators: Mixed Signals

Examining the Moving Average Convergence Divergence (MACD), both weekly and monthly charts remain bullish, which is a positive sign for medium to long-term momen...

Vardhman Special Steels Sees Shift in Technical Momentum Amid Mixed Market Signals

2025-11-24 08:00:23

Vardhman Special Steels, a key player in the Iron & Steel Products sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Recent evaluation adjustments highlight a transition from a bullish to a mildly bullish trend, with technical indicators such as MACD, RSI, and moving averages offering a mixed but insightful perspective on the stock’s near-term trajectory.

Vardhman Special Steels Shows Bullish Momentum Amid Technical Shifts

2025-11-21 08:00:30

Vardhman Special Steels has exhibited a notable shift in its technical momentum, reflecting a bullish trend across multiple timeframes. The stock’s recent price action, supported by key technical indicators such as MACD and moving averages, signals a strengthening position within the Iron & Steel Products sector, even as some oscillators remain neutral.

How has been the historical performance of Vardhman Special?

2025-11-12 23:45:37

Answer: The historical performance of Vardhman Special shows a steady growth in net sales and profit over the past year. Breakdown: In the fiscal year ending March 2025, Vardhman Special reported net sales of 1,764.41 Cr, an increase from 1,661.36 Cr in March 2024. Total operating income mirrored this growth, remaining at 1,764.41 Cr for March 2025. The company's total expenditure rose to 1,616.37 Cr from 1,518.92 Cr, driven by higher raw material costs, which increased to 1,093.68 Cr from 1,030.62 Cr. Operating profit (PBDIT) also saw an uptick, reaching 177.15 Cr compared to 172.26 Cr the previous year. Consequently, profit before tax improved to 125.06 Cr from 122.86 Cr, leading to a profit after tax of 93.09 Cr, up from 91.63 Cr. The earnings per share increased slightly to 11.39 from 11.25, while the operating profit margin decreased to 8.39% from 8.57%. On the balance sheet, total liabilities rose to...

Is Vardhman Special overvalued or undervalued?

2025-11-11 08:08:13

As of 10 November 2025, Vardhman Special's valuation grade has moved from attractive to fair. The company is currently fairly valued. Key ratios include a PE ratio of 30.00, an EV to EBITDA of 6.81, and a Price to Book Value of 0.24. In comparison to peers, JSW Steel is considered expensive with a PE ratio of 47.11, while Tata Steel is also fairly valued with a PE ratio of 46.66. Despite the recent downgrade in valuation grade, Vardhman Special has shown strong performance relative to the Sensex, with a year-to-date return of 30.19% compared to the Sensex's 6.91%. This indicates that while the company is currently fairly valued, its strong stock performance may suggest potential for future growth....

Why is Vardhman Special falling/rising?

2025-10-31 22:04:26

As of 31-Oct, Vardhman Special Steels Ltd is experiencing a decline in its stock price, currently at Rs 286.00, reflecting a decrease of Rs 6.3 or 2.16%. The stock has underperformed its sector by 1.64% today and has been on a consecutive fall for the last four days, resulting in a total decline of 9.38% during this period. Despite a strong long-term performance with a year-to-date increase of 25.30% and a three-year increase of 117.99%, the recent trend indicates a downturn, exacerbated by a significant drop in delivery volume, which fell by 62.33% against the five-day average. Additionally, while the company has shown strong financial metrics, such as a low Debt to EBITDA ratio and healthy operating profit growth, its profits have recently fallen by 10.2%, contributing to investor concerns. In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark...

Is Vardhman Special overvalued or undervalued?

2025-10-30 08:05:58

As of 29 October 2025, the valuation grade for Vardhman Special has moved from expensive to attractive, indicating a shift in perception regarding its value. The company is currently considered undervalued. Key ratios include a PE Ratio of 29.90, an EV to EBITDA of 6.75, and a Price to Book Value of 0.24, which suggest that the stock is trading at a favorable valuation compared to its earnings and book value. In comparison to peers, Vardhman Special's PE Ratio is significantly lower than that of JSW Steel at 48.23 and Tata Steel at 47.63, both of which are classified as expensive. Additionally, the PEG Ratio of Vardhman is 0.00, indicating strong growth potential relative to its price. Notably, Vardhman Special has outperformed the Sensex with a year-to-date return of 29.68% compared to the Sensex's 8.78%, reinforcing the attractiveness of its current valuation....

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