as of —
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Change
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Day Open
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Day High
₹—
Day Low
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NSE Close — 25 Sep 2026
₹411.5
Change
+6.5 (1.6%)
Open
₹405.0
Prev. Close
₹405.0
Day High
₹415.6
Day Low
₹404.0
Volume Analysis
Traded
78,218
Delivered
38,136
Delivery %
48.76%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Promoter holding is falling
Opportunities (0)
No signal for this stock
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹428.34 | ₹421.97 | ₹416.74 | ₹410.37 | ₹405.14 | ₹398.77 | ₹393.54 |
| Fibonacci | ₹421.97 | ₹417.54 | ₹414.8 | ₹410.37 | ₹405.94 | ₹403.2 | ₹398.77 |
| Camarilla | ₹414.69 | ₹413.63 | ₹412.56 | ₹410.37 | ₹410.44 | ₹409.37 | ₹408.31 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+44.11%
1 Week
+0.17%
1 Month
+18.06%
3 Months
+47.23%
6 Months
+83.8%
1 Year
+53.17%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹158.15
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
11.6%
Net margin 5.27% × asset turnover 1.55x × equity multiplier 1.42x
Company Overview
Sector
Capital Goods
Market Cap
₹3,979 Cr
P/E (TTM)
43.2
ROE
12.1%
Book Value
₹97.6
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Vardhman Spc Steel Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 60/100. The strongest factor is Financial Strength (100/100), while Valuation (29/100) is the weakest area to weigh before deciding. Notably: Promoter holding is falling.
TopFund Score — Fundamentals Quality
60/100 — AverageData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Promoter holding has decreased over last 3 years: -9.65%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
16th AGM scrutinizer report: all 7 resolutions passed on 18 Sep 2026, including dividend and director reappointments.
Senior management met investors on 9 Sept 2026 in Ludhiana; plant visit conducted, no UPSI shared.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 409 | 415 | 397 | 439 | 415 | 495 | 427 | 428 |
| Expenses + | 380 | 384 | 364 | 391 | 372 | 456 | 392 | 397 |
| Operating Profit | 29 | 31 | 33 | 49 | 42 | 39 | 35 | 31 |
| OPM % | 7.0% | 8.0% | 8.0% | 11.0% | 10.0% | 8.0% | 8.0% | 7.0% |
| Other Income + | 7 | 6 | 8 | 9 | 6 | 9 | 7 | 7 |
| Interest | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 3 |
| Depreciation | 7 | 7 | 7 | 9 | 8 | 8 | 8 | 8 |
| Profit before tax | 25 | 25 | 29 | 44 | 35 | 35 | 28 | 27 |
| Tax % | 26.0% | 26.0% | 25.0% | 25.0% | 26.0% | 26.0% | 25.0% | 27.0% |
| Net Profit + | 19 | 18 | 22 | 33 | 26 | 26 | 21 | 20 |
| EPS in Rs | 2 | 2 | 3 | 4 | 3 | 3 | 3 | 2 |
| Raw PDF | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Sales + | 1,661 | 1,764 |
| Expenses + | 1,519 | 1,616 |
| Operating Profit | 142 | 148 |
| OPM % | 9.0% | 8.0% |
| Other Income + | 30 | 29 |
| Interest | 18 | 19 |
| Depreciation | 31 | 33 |
| Profit before tax | 123 | 125 |
| Tax % | 25.0% | 26.0% |
| Net Profit + | 92 | 93 |
| EPS in Rs | 11 | 11 |
| Dividend Payout % | 18.0% | 26.0% |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Reserves | 638 | 716 |
| Borrowings + | 84 | 120 |
| Other Liabilities + | 237 | 218 |
| Total Liabilities | 1,040 | 1,136 |
| Fixed Assets + | 325 | 309 |
| CWIP | 1 | 117 |
| Investments | 0 | 18 |
| Other Assets + | 714 | 693 |
| Total Assets | 1,040 | 1,136 |
| Equity Capital | 81 | 82 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Cash from Operating Activity + | 142 | 127 |
| Cash from Investing Activity + | -50 | -127 |
| Cash from Financing Activity + | -94 | 3 |
| Net Cash Flow | -2 | 3 |
| CFO/OP | 122 | 108 |
| Free Cash Flow | 76 | 9 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 35.91% | 36.08% | 36.33% | 35.67% | 35.01% | 34.42% | 34.82% | 34.88% | 44.7% | 45.02% | 45.04% | 45.12% |
| Promoters | 60.71% | 60.67% | 60.55% | 60.55% | 60.53% | 60.49% | 60.37% | 60.37% | 51.13% | 51.1% | 51.06% | 51.06% |
| FII | 0.96% | 0.75% | 0.49% | 0.64% | 0.6% | 0.58% | 0.64% | 0.58% | 0.54% | 0.54% | 0.55% | 0.55% |
| DII | 2.42% | 2.5% | 2.63% | 3.14% | 3.84% | 4.51% | 4.17% | 4.17% | 3.63% | 3.3% | 3.34% | 3.27% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Vardhman Spc Steel Ltd (this stock) | 3,979 | 43.2 | 4.22 | 12.1% |
| John Cockerill India Ltd. | 3,922 | — | -40.9 | — |
| Vst Tillers Tractors Ltd | 3,871 | 35.5 | 3.54 | 10.0% |
| Laser Power & Infra Ltd | 3,819 | 34.8 | — | 16.8% |
| Kirloskar Industries Ltd | 3,801 | 12.4 | 0.61 | 3.77% |
| Avantel Limited | 4,158 | 242.0 | 12.28 | 5.29% |
| Harsha Engineers Int Ltd | 4,173 | 27.0 | 2.97 | 10.5% |
Which Mutual Funds Hold Vardhman Spc Steel Ltd?
Frequently Asked Questions about Vardhman Spc Steel Ltd
Vardhman Spc Steel Ltd (VSSL) closed at ₹411.5 on NSE on 25 September 2026, up 6.5 (1.6%) from the previous close.
Vardhman Spc Steel Ltd trades on the NSE (National Stock Exchange of India) under the symbol VSSL.
Vardhman Spc Steel Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 43.2.
Vardhman Spc Steel Ltd has a dividend yield of 0.85%.
Vardhman Spc Steel Ltd's 52-week high is ₹428.0 and its 52-week low is ₹206.0.
Vardhman Spc Steel Ltd has a market capitalisation of ₹3,979 crore.
Vardhman Spc Steel Ltd has a TopFund Quality Score of 60/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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