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Vardhman Special share price

Vardhman Special Steels Ltd.

NSE: VSSL BSE: 534392 SECTOR: Steel & Iron Products  32k   94   2

230.55
+5.60 (2.49%)
NSE: Today, 09:54 AM

Price Summary

Today's High

₹ 232

Today's Low

₹ 223.85

52 Week High

₹ 244

52 Week Low

₹ 174.8

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1878.06 Cr.

Enterprise Value

2011.37 Cr.

No. of Shares

8.15 Cr.

P/E

25.9

P/B

2.74

Face Value

₹ 10

Div. Yield

0.89 %

Book Value (TTM)

₹  84.12

CASH

9.61 Cr.

DEBT

142.92 Cr.

Promoter Holding

60.67 %

EPS (TTM)

₹  8.9

Sales Growth

26.78%

ROE

16.81 %

ROCE

20.25%

Profit Growth

-0.3 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year26.78%
3 Year27.04%
5 Year15.1%

Profit Growth

1 Year-0.3%
3 Year210.98%
5 Year32.03%

ROE%

1 Year16.81%
3 Year15.61%
5 Year10.81%

ROCE %

1 Year20.25%
3 Year19.65%
5 Year13.92%

Debt/Equity

0.223

Price to Cash Flow

25.53

Interest Cover Ratio

8.60787945733141

CFO/PAT (5 Yr. Avg.)

1.16748979197893

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 60.67 0
Sep 2023 60.71 0
Jun 2023 60.71 0
Mar 2023 60.71 0
Dec 2022 60.81 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 210.982288492849% for the Past 3 years.
  • The company has shown a good revenue growth of 27.039951526876% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 8.60787945733141.
  • The company has an efficient Cash Conversion Cycle of 66.2105100217558 days.
  • Company has a healthy liquidity position with current ratio of 2.06423918503237.
  • The company has a good cash flow management; CFO/PAT stands at 1.16748979197893.
  • The company has a high promoter holding of 60.67%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 8.8998880193183.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 400.63 422.04 409.36 415.19 397.4
Total Expenditure 364.32 397.57 380.13 384.07 364.15
Operating Profit 36.3 24.47 29.23 31.12 33.25
Other Income 13.44 5.2 7.24 5.62 8.25
Interest 4.57 4.55 4.21 4.64 4.91
Depreciation 7.08 7.09 7.25 7.31 7.43
Exceptional Items 0 0 0 0 0
Profit Before Tax 38.09 18.02 25.01 24.79 29.17
Tax 9.63 4.35 6.44 6.34 7.36
Profit After Tax 28.47 13.68 18.57 18.46 21.81
Adjusted EPS (Rs) 3.51 1.68 2.29 2.27 2.68

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1120.76 846.2 937.08 1368.46 1734.99
Total Expenditure 1052.92 806.48 833.73 1199.5 1593.82
Operating Profit 67.84 39.72 103.35 168.96 141.17
Other Income 1.87 9.4 12.96 33.62 38.91
Interest 23.66 25.72 19.71 17.28 17.65
Depreciation 23.92 25.72 30.23 26.96 28.12
Exceptional Items 0 0 0 0 0
Profit Before Tax 22.14 -2.32 66.38 158.34 134.31
Tax -0.07 -5.66 22.18 57.59 33.86
Net Profit 22.21 3.34 44.19 100.75 100.45
Adjusted EPS (Rs.) 3.11 0.41 5.46 12.42 12.36

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 35.76 40.39 40.51 40.56 40.63
Total Reserves 326.23 373.24 418.86 514.4 601.59
Borrowings 135.13 107.84 109.65 78.89 44.03
Other N/C liabilities 6.04 2.09 12.02 55.24 81.56
Current liabilities 390.81 245.66 242.98 285.71 354.97
Total Liabilities 893.97 769.22 824.01 974.81 1122.77
Assets
Net Block 279.83 310.11 282.54 289.16 293.72
Capital WIP 32.57 12.33 12.74 12.88 11.91
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 35.66 34.51 33.91 53.05 84.04
Other N/C Assets 0.1 51.4 0.07 0.16 0.35
Current Assets 545.82 360.87 494.76 619.56 732.74
Total Assets 893.97 769.22 824.01 974.81 1122.77
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 22.14 -2.32 66.38 158.34 134.31
Adjustment 49.57 46.36 50.43 37.68 43.43
Changes in Assets & Liabilities -84.55 92.27 -39.87 -114.75 -65.67
Tax Paid -6.01 -0.89 -9.65 -22.38 -38.49
Operating Cash Flow -18.85 135.43 67.28 58.88 73.58
Investing Cash Flow -70.12 -88.17 6.8 -9.11 -14.83
Financing Cash Flow 81.77 -45.24 -74.04 -51.84 -49.48
Net Cash Flow -7.2 2.02 0.04 -2.07 9.26

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 60.81 60.71 60.71 60.71 60.67
devakar investment & trad... 5.46 5.45 5.45 5.45 5.45
flamingo finance & invest... 0.49 0.48 0.48 0.48 0.48
mahavir shares trust (dee... - 1.31 1.31 1.31 1.31
mahavir spinning mills pr... 0.01 0.01 0.01 0.01 0.01
ramaniya finance & invest... 0.39 0.39 0.39 0.39 0.39
s.p. oswal 0.54 0.54 0.54 0.54 0.54
sachit jain 13.84 13.82 13.82 13.82 13.81
sagrika jain 0.01 0.01 0.01 0.01 0.01
santon finance & investme... 0.42 0.41 0.41 0.41 0.41
shakun oswal 0.13 0.13 0.13 0.13 0.13
shakun oswal, partner, ea... 0.05 0.05 0.05 0.05 0.05
shri paul oswal, partner,... 0.07 0.07 0.07 0.07 0.07
shri paul oswal, partner,... 0.07 0.07 0.07 0.07 0.07
shri paul oswal, partner,... 0.08 0.08 0.08 0.08 0.08
soumya jain 0.01 0.01 0.01 0.01 0.01
suchita jain 0.22 0.22 0.22 0.22 0.22
vardhman holdings limited... 12.87 12.85 12.85 12.85 12.84
vardhman textiles limited... 23.94 23.90 23.90 23.90 23.88
vtl investments limited 0.93 0.93 0.93 0.93 0.93
mahavir shares trust (d.c... 1.31 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 39.19 39.29 39.29 39.29 39.33
aichi steel corporation 11.41 11.40 11.40 11.40 11.39
anil kumar goel 2.22 2.24 2.23 2.15 1.19
deep j master 2.47 2.46 2.46 2.46 2.46
tata mutual fund - tata s... - 1.03 1.05 2.42 2.42
mukul mahavir agrawal 1.23 1.23 1.23 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Vardhman Special Steels informs about investors meet 19 Mar 2024, 10:24AM Vardhman Special - Quaterly Results2 Feb 2024, 1:26PM Vardhman Special - Quaterly Results2 Feb 2024, 1:26PM Vardhman Special - Quaterly Results2 Feb 2024, 1:26PM Vardhman Special Steels informs about allotment of equity shares3 Jan 2024, 3:21PM Vardhman Special Steels informs about demat of shares8 Dec 2023, 12:41PM Vardhman Special Steels informs about analyst meet16 Nov 2023, 5:23PM Vardhman Special - Quaterly Results7 Nov 2023, 1:43PM Vardhman Special - Quaterly Results7 Nov 2023, 1:43PM Vardhman Special - Quaterly Results7 Nov 2023, 1:43PM Vardhman Special Steels informs about loss of share certificate21 Sep 2023, 2:09PM Vardhman Special Steels submits demat repot7 Sep 2023, 5:19PM Vardhman Special Steels informs about change in directorate2 Aug 2023, 5:11PM Vardhman Special - Quaterly Results2 Aug 2023, 4:08PM Vardhman Special - Quaterly Results2 Aug 2023, 4:08PM Vardhman Special - Quaterly Results2 Aug 2023, 4:08PM Vardhman Special Steels informs about disclosure5 Jun 2023, 12:29PM Vardhman Special Steels informs about analyst meet 1 Jun 2023, 2:42PM Vardhman Special Steels informs about outcome of analyst meet 16 May 2023, 12:14PM Vardhman Special Steels informs about newspaper publication 10 May 2023, 10:49AM Vardhman Special Steels informs about audio recording of earnings call28 Apr 2023, 4:37PM Vardhman Special Steels informs about investor presentation28 Apr 2023, 10:45AM Vardhman Special - Quaterly Results27 Apr 2023, 3:11PM Vardhman Special - Quaterly Results27 Apr 2023, 3:11PM Vardhman Special - Quaterly Results27 Apr 2023, 3:11PM Vardhman Special Steels informs about newspaper publication 18 Apr 2023, 1:12PM Vardhman Special Steels informs about analyst meet 17 Mar 2023, 10:11AM Vardhman Special Steels informs about investor meet 15 Mar 2023, 11:35AM Vardhman Special Steels starts mass production of steel for Aichi Steel Corporation8 Mar 2023, 12:05PM Vardhman Special Steels informs about outcome of analyst meet 28 Feb 2023, 10:46AM Vardhman Special Steels informs about analyst meet 23 Feb 2023, 2:55PM Vardhman Special Steels informs about outcome of investors meet 21 Feb 2023, 12:20PM Vardhman Special Steels informs about analyst meet 20 Feb 2023, 10:18AM Vardhman Special Steels informs about outcome of analyst meet 17 Feb 2023, 10:31AM Vardhman Special Steels informs about press release1 Feb 2023, 11:14AM Vardhman Special Steels informs about investor presentation31 Jan 2023, 4:50PM Vardhman Special - Quaterly Results30 Jan 2023, 2:13PM Vardhman Special - Quaterly Results30 Jan 2023, 2:13PM Vardhman Special - Quaterly Results30 Jan 2023, 2:13PM Vardhman Special Steels informs about board meeting 19 Jan 2023, 5:01PM Vardhman Special Steels informs about clarification14 Dec 2022, 5:08PM Vardhman Special Steels informs about details of loss of certificate 28 Nov 2022, 5:05PM Vardhman Special Steels informs about analyst meet 22 Nov 2022, 12:32PM Vardhman Special Steels informs about investor presentation2 Nov 2022, 12:59PM Vardhman Special Steels informs about newspaper publication2 Nov 2022, 12:55PM Vardhman Special - Quaterly Results1 Nov 2022, 3:48PM Vardhman Special - Quaterly Results1 Nov 2022, 3:48PM Vardhman Special - Quaterly Results1 Nov 2022, 3:48PM Vardhman Special Steels informs about board meeting22 Oct 2022, 4:38PM Vardhman Special Steels informs about loss of share certificate19 Oct 2022, 12:42PM

Vardhman Special Stock Price Analysis and Quick Research Report. Is Vardhman Special an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Vardhman Special has a PE ratio of 25.2715895431004 which is high and comparatively overvalued .

  • Share Price: - The current share price of Vardhman Special is Rs 224.95. One can use valuation calculators of ticker to know if Vardhman Special share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Vardhman Special has ROA of 9.57751232851635 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Vardhman Special has a Current ratio of 2.06423918503237 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Vardhman Special has a ROE of 16.8072404065283 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Vardhman Special has a D/E ratio of 0.223 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Vardhman Special has an Inventory turnover ratio of 5.20235729463439 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Vardhman Special has reported revenue growth of 26.7841934156502 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Vardhman Special for the current financial year is 8.13644519559782 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Vardhman Special is Rs 2 and the yield is 0.8881 %.

Last Updated on:
Brief about Vardhman Special

Vardhman Special Steels Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Vardhman Special Steels Ltd., a renowned name in the steel industry, is a leading manufacturer and supplier of high-quality special and alloy steels. With a legacy of over three decades, the company has established itself as a trusted brand in the market.

Vardhman Special Steels Ltd. – Share Price

The share price of Vardhman Special Steels Ltd. reflects the market value of the company's stock. It is influenced by various factors such as financial performance, industry trends, and market sentiment. Stay updated with the latest share price by utilizing our pre-built screening tools and live market data.

Vardhman Special Steels Ltd. – Balance Sheet

The balance sheet of Vardhman Special Steels Ltd. provides a snapshot of the company's financial position at a specific point in time. It showcases the assets, liabilities, and shareholders' equity. Analyze the balance sheet to gain insights into the company's liquidity, solvency, and overall financial health. Unlock premium features on our website to access tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis for a comprehensive evaluation.

Vardhman Special Steels Ltd. – Annual Report

The annual report of Vardhman Special Steels Ltd. encompasses a wealth of information about the company's operations, financial performance, and strategic initiatives. As a long-term stock investor, referring to the annual report can offer valuable insights into the company's growth prospects, risks, and corporate governance practices. Download the annual reports from our website to stay well-informed.

Vardhman Special Steels Ltd. – Dividend

As an investor, dividends play a significant role in generating returns from your stock portfolio. Vardhman Special Steels Ltd. periodically announces dividends as a way to distribute profits to its shareholders. Gain access to the latest dividend information and historical trends to make informed investment decisions. Our website provides comprehensive dividend data and analysis tools.

Vardhman Special Steels Ltd. – Quarterly Results

Track the quarterly results of Vardhman Special Steels Ltd. to assess its financial performance on a regular basis. Quarterly reports provide key information such as revenue, net income, and earnings per share. Utilize our premium features to interpret the quarterly results and assess the company's operational efficiency and growth trajectory.

Vardhman Special Steels Ltd. – Stock Price

The stock price of Vardhman Special Steels Ltd. is determined by market forces and reflects investor sentiment towards the company. Stay updated with real-time stock prices and historical trends using our website's pre-built screening tools. Monitor the price movements and analyze key technical indicators to make well-informed investment decisions.

Vardhman Special Steels Ltd. – Price Chart

Visualize the price movements of Vardhman Special Steels Ltd.'s stock through our interactive price charts. These charts provide a graphical representation of historical stock prices, allowing you to identify patterns and trends. Leverage our pre-built screening tools to customize the price charts based on your specific requirements and investment strategy.

Vardhman Special Steels Ltd. – News

Stay informed about the latest news and developments related to Vardhman Special Steels Ltd. Our website provides a dedicated section for company news, covering updates on product launches, collaborations, expansions, and other significant events. Accessing reliable news sources can help you stay ahead of the curve and make well-timed investment decisions.

Vardhman Special Steels Ltd. – Concall Transcripts

Concall transcripts offer valuable insights into the discussions and deliberations that take place during the company's conference calls with analysts and investors. Access the concall transcripts of Vardhman Special Steels Ltd. on our website to gain a deeper understanding of the management's perspective, future plans, and response to market challenges.

Vardhman Special Steels Ltd. – Investor Presentations

Investor presentations provide an overview of the company's strategy, financial performance, and growth prospects. These presentations are typically used by management during meetings with investors, analysts, and other stakeholders. Access the investor presentations of Vardhman Special Steels Ltd. on our website to understand the company's value proposition and investment thesis.

Vardhman Special Steels Ltd. – Promoters

Promoters play an integral role in shaping the direction and success of a company. Vardhman Special Steels Ltd. boasts a strong group of promoters who bring extensive industry expertise and leadership to the table. Gain insights into the promoters' vision, background, and strategic initiatives through our website's dedicated section on Vardhman Special Steels Ltd.'s promoters.

Vardhman Special Steels Ltd. – Shareholders

Understanding the composition of a company's shareholder base is crucial for evaluating its stability and governance practices. Vardhman Special Steels Ltd. has a diverse group of shareholders who contribute to the company's growth and success. Gain insights into the major shareholders, institutional investors, and their holdings through our website's comprehensive shareholder analysis.

Remember to utilize our pre-built screening tools to access the company's annual reports, concall transcripts, investor presentations, and other important documents. Take advantage of our premium features to perform fair value calculations using DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. Stay informed and make prudent investment decisions as a long-term stock investor.

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