ScoreWhy is Vardhman Special Steels Ltd ?
1
High Management Efficiency with a high ROCE of 15.37%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.73 times
3
Healthy long term growth as Operating profit has grown by an annual rate 75.35%
4
Flat results in Dec 25
- ROCE(HY) Lowest at 11.09%
5
With ROE of 7.9, it has a Fair valuation with a 2.1 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 14.38%, its profits have fallen by -10.2%
6
Majority shareholders : Promoters
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Vardhman Special should be less than 10%
- Overall Portfolio exposure to Iron & Steel Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Vardhman Special for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Vardhman Special
16.28%
0.38
42.45%
Sensex
6.63%
0.59
11.31%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
19.42%
EBIT Growth (5y)
75.35%
EBIT to Interest (avg)
7.16
Debt to EBITDA (avg)
1.06
Net Debt to Equity (avg)
-0.16
Sales to Capital Employed (avg)
1.85
Tax Ratio
25.62%
Dividend Payout Ratio
26.34%
Pledged Shares
0
Institutional Holding
3.86%
ROCE (avg)
15.22%
ROE (avg)
14.32%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
29
Price to Book Value
2.10
EV to EBIT
21.38
EV to EBITDA
16.34
EV to Capital Employed
2.30
EV to Sales
1.36
PEG Ratio
NA
Dividend Yield
1.14%
ROCE (Latest)
10.77%
ROE (Latest)
7.92%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
PAT(Latest six months)
At Rs 68.15 cr has Grown at 44.14%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 251.39 cr
PBT LESS OI(Q)
At Rs 31.62 cr has Grown at 32.1% (vs previous 4Q average
-2What is not working for the Company
ROCE(HY)
Lowest at 11.09%
Loading Valuation Snapshot...
Here's what is working for Vardhman Special
Profit After Tax (PAT) - Latest six months
At Rs 68.15 cr has Grown at 44.14%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 31.62 cr has Grown at 32.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 23.93 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 251.39 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Vardhman Special
Non Operating Income - Quarterly
Highest at Rs 13.17 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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