Vardhman Special

{
  "main_header": {
    "sid": 141577,
    "name": "Vardhman Special",
    "stock_name": "Vardhman Special",
    "full_name": "Vardhman Special Steels Ltd",
    "name_url": "stocks-analysis/vardhman-special",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "266.60",
    "chg": -9.95,
    "chgp": "-3.6%",
    "dir": -1,
    "prev_price": "276.55",
    "mcapval": "2,630.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 534392,
    "symbol": "VSSL",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE050M01012",
    "curr_date": "Jan 20",
    "curr_time": "",
    "bse_nse_vol": "1.91 lacs",
    "exc_status": "Active",
    "traded_date": "Jan 20, 2026",
    "traded_date_str": "2026 01 20",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/vardhman-special-141577-1&utm_source=Spage_Header_Score",
    "mojoone": {
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    }
  },
  "news": {
    "results": [
      {
        "title": "Are Vardhman Special Steels Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-vardhman-special-steels-ltd-latest-results-good-or-bad-3796986",
        "imagepath": "",
        "date": "2026-01-20 19:13:15",
        "description": "Vardhman Special Steels Ltd's latest financial results for Q3 FY26 reveal a complex operational landscape characterized by stable revenue but significant challenges in profitability. The company reported net sales of ₹428.04 crores, reflecting a marginal 0.30% increase sequentially, yet this represents a 2.59% decline year-on-year, indicating weakening demand in the special steel segment.\n\nThe operating profit margin, which excludes other income, contracted to 7.34%, down from 8.22% in the previous quarter and significantly lower than the 11.11% achieved in the same quarter last year. This margin compression highlights the mounting cost pressures and competitive challenges faced by the company. Net profit for the quarter stood at ₹19.73 crores, marking an 8.06% decline sequentially and a substantial 39.83% decrease year-on-year.\n\nIn terms of operational efficiency, the company's return on equity (ROE) avera..."
      },
      {
        "title": "Vardhman Special Steels Q3 FY26: Margin Pressure Weighs on Profitability Despite Stable Revenue",
        "link": "https://www.marketsmojo.com/news/result-analysis/vardhman-special-steels-q3-fy26-margin-pressure-weighs-on-profitability-despite-stable-revenue-3796916",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/VardhmanSpecial_quaterlyResult_3796916.png",
        "date": "2026-01-20 16:15:40",
        "description": "Vardhman Special Steels Ltd., one of India's leading special steel producers for the automotive sector, reported a net profit of ₹19.73 crores for Q3 FY26 (October-December 2025), marking a decline of 8.06% quarter-on-quarter and a sharp 39.83% year-on-year contraction. The ₹2,535.58 crore market capitalisation company witnessed its stock plummet 4.98% following the results announcement, trading at ₹262.25 on January 20, 2026, reflecting investor concerns over deteriorating profitability metrics despite relatively stable topline performance."
      },
      {
        "title": "When is the next results date for Vardhman Special Steels Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-vardhman-special-steels-ltd-3793064",
        "imagepath": "",
        "date": "2026-01-16 23:15:47",
        "description": "The next results date for Vardhman Special Steels Ltd is scheduled for January 20, 2026...."
      },
      {
        "title": "Why is Vardhman Special Steels Ltd falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-vardhman-special-steels-ltd-fallingrising-3787607",
        "imagepath": "",
        "date": "2026-01-10 01:14:43",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Performance</strong></p>\n<p>The stock has been on a downward trajectory over the past week, losing 6.36% compared to the Sensex's more modest 2.55% decline. This underperformance extends to the one-month and year-to-date periods, where the stock fell 5.30% against the Sensex's 1.29% and 1.93% losses respectively. Despite this short-term weakness, the stock has delivered robust long-term returns, with a 15.41% gain over the past year and an impressive 310.59% increase over five years, significantly outpacing the Sensex's 71.32% rise.</p>\n<p>On the day in question, the stock opened with a gap down of 2.49%, signalling immediate selling pressure. It continued to slide throughout the session, touching an intraday low of ₹266.80. The share price currently trades a..."
      },
      {
        "title": "Vardhman Special Steels Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/vardhman-special-steels-ltd-is-rated-hold-3784312",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/VardhmanSpecial_mojoScore_3784312.png",
        "date": "2026-01-07 10:10:55",
        "description": "Vardhman Special Steels Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 15 Dec 2025. While the rating was revised on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 07 January 2026, providing investors with an up-to-date perspective on the company’s performance and outlook."
      },
      {
        "title": "Vardhman Special Steels Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/vardhman-special-steels-ltd-is-rated-hold-3771862",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/VardhmanSpecial_mojoScore_3771862.png",
        "date": "2025-12-27 10:10:32",
        "description": "Vardhman Special Steels Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 15 Dec 2025. While the rating was revised on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 27 December 2025, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Vardhman Special Steels: Analytical Perspective Shifts Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/vardhman-special-steels-downgraded-to-hold-amid-mixed-technical-and-valuation-signals-3759601",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/VardhmanSpecial_mojoScore_3759601.png",
        "date": "2025-12-16 08:18:23",
        "description": "Vardhman Special Steels has experienced a revision in its market assessment following a detailed review of its quality, valuation, financial trends, and technical indicators. The company’s recent financial results and market performance present a nuanced picture, prompting a recalibration of its investment evaluation."
      },
      {
        "title": "Vardhman Special Steels Sees Shift in Technical Momentum Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/vardhman-special-steels-sees-technical-momentum-shift-amid-mixed-indicator-signals-3759274",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/VardhmanSpecial_technicaldot_3759274.png",
        "date": "2025-12-16 08:01:00",
        "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 indicator signals. Recent market data reveals a transition from a bullish to a mildly bullish trend, underscoring evolving investor sentiment and technical dynamics as the stock navigates current price levels."
      },
      {
        "title": "Vardhman Special Steels Sees Shift in Market Assessment Amid Strong Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marketsmojo-upgrades-vardhman-special-steels-to-buy-on-strong-technical-and-financial-performance-3755945",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/VardhmanSpecial_mojoScore_3755945.png",
        "date": "2025-12-11 08:08:57",
        "description": "Vardhman Special Steels has experienced a notable revision in its market evaluation, driven by a combination of technical momentum, robust financial trends, valuation considerations, and quality metrics. The company’s recent performance across these parameters highlights a nuanced outlook for investors navigating the iron and steel products sector."
      }
    ],
    "total": 253,
    "sid": "141577",
    "stock_news_url": "https://www.marketsmojo.com/news/vardhman-special-steels-141577"
  },
  "announcements": [
    {
      "details": "Vardhman Special Steels Limited has informed the Exchange regarding a press release dated November 05, 2019, titled \"Media Release on financial results of the Company for the quarter/ half- year ended 30th September, 2019\".",
      "source": "NSE",
      "caption": "Vardhman Special Steels Limited - Press Release",
      "datetime": "05-Nov-2019"
    },
    {
      "details": "Vardhman Special Steels Limited has informed the Exchange about Memorandum of Understanding/Agreements.Pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular, and further to our intimation dated August 10, 2019, we hereby inform you that Vardhman Special Steels Limited ( Company ) has entered into a letter agreement dated November 2, 2019 for amendment to the share subscription and investment agreement dated August 10, 2019 executed by the Company with Aichi Steel Corporation ( Amendment Agreement ).",
      "source": "NSE",
      "caption": "Vardhman Special Steels Limited - Memorandum of Understanding/Agreement",
      "datetime": "04-Nov-2019"
    },
    {
      "details": "Vardhman Special Steels Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "Vardhman Special Steels Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "01-Nov-2019"
    }
  ],
  "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

Are Vardhman Special Steels Ltd latest results good or bad?

2026-01-20 19:13:15

Vardhman Special Steels Ltd's latest financial results for Q3 FY26 reveal a complex operational landscape characterized by stable revenue but significant challenges in profitability. The company reported net sales of ₹428.04 crores, reflecting a marginal 0.30% increase sequentially, yet this represents a 2.59% decline year-on-year, indicating weakening demand in the special steel segment. The operating profit margin, which excludes other income, contracted to 7.34%, down from 8.22% in the previous quarter and significantly lower than the 11.11% achieved in the same quarter last year. This margin compression highlights the mounting cost pressures and competitive challenges faced by the company. Net profit for the quarter stood at ₹19.73 crores, marking an 8.06% decline sequentially and a substantial 39.83% decrease year-on-year. In terms of operational efficiency, the company's return on equity (ROE) avera...

Read full news article

Vardhman Special Steels Q3 FY26: Margin Pressure Weighs on Profitability Despite Stable Revenue

2026-01-20 16:15:40

Vardhman Special Steels Ltd., one of India's leading special steel producers for the automotive sector, reported a net profit of ₹19.73 crores for Q3 FY26 (October-December 2025), marking a decline of 8.06% quarter-on-quarter and a sharp 39.83% year-on-year contraction. The ₹2,535.58 crore market capitalisation company witnessed its stock plummet 4.98% following the results announcement, trading at ₹262.25 on January 20, 2026, reflecting investor concerns over deteriorating profitability metrics despite relatively stable topline performance.

Read full news article

When is the next results date for Vardhman Special Steels Ltd?

2026-01-16 23:15:47

The next results date for Vardhman Special Steels Ltd is scheduled for January 20, 2026....

Read full news article

Why is Vardhman Special Steels Ltd falling/rising?

2026-01-10 01:14:43

Recent Price Movement and Market Performance

The stock has been on a downward trajectory over the past week, losing 6.36% compared to the Sensex's more modest 2.55% decline. This underperformance extends to the one-month and year-to-date periods, where the stock fell 5.30% against the Sensex's 1.29% and 1.93% losses respectively. Despite this short-term weakness, the stock has delivered robust long-term returns, with a 15.41% gain over the past year and an impressive 310.59% increase over five years, significantly outpacing the Sensex's 71.32% rise.

On the day in question, the stock opened with a gap down of 2.49%, signalling immediate selling pressure. It continued to slide throughout the session, touching an intraday low of ₹266.80. The share price currently trades a...

Read full news article

Vardhman Special Steels Ltd is Rated Hold

2026-01-07 10:10:55

Vardhman Special Steels Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 15 Dec 2025. While the rating was revised on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 07 January 2026, providing investors with an up-to-date perspective on the company’s performance and outlook.

Read full news article

Vardhman Special Steels Ltd is Rated Hold

2025-12-27 10:10:32

Vardhman Special Steels Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 15 Dec 2025. While the rating was revised on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 27 December 2025, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Vardhman Special Steels: Analytical Perspective Shifts Amid Mixed Financial and Technical Signals

2025-12-16 08:18:23

Vardhman Special Steels has experienced a revision in its market assessment following a detailed review of its quality, valuation, financial trends, and technical indicators. The company’s recent financial results and market performance present a nuanced picture, prompting a recalibration of its investment evaluation.

Read full news article

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

2025-12-16 08:01:00

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 indicator signals. Recent market data reveals a transition from a bullish to a mildly bullish trend, underscoring evolving investor sentiment and technical dynamics as the stock navigates current price levels.

Read full news article

Vardhman Special Steels Sees Shift in Market Assessment Amid Strong Financial and Technical Signals

2025-12-11 08:08:57

Vardhman Special Steels has experienced a notable revision in its market evaluation, driven by a combination of technical momentum, robust financial trends, valuation considerations, and quality metrics. The company’s recent performance across these parameters highlights a nuanced outlook for investors navigating the iron and steel products sector.

Read full news article

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