Vardhman Special

VSSL02 May 2024

Steel

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+1.05 (+0.35%)

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Vardhman Special

Steel

VSSL02 May 2024

₹

+1.05 (+0.35%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date	Ratio
27-Apr-2023	D	The Board of Directors has recommended a dividend of Rs. 2/- per share on fully paid up equity shares of the Company. The payment of dividend is subject to approval by the Members of the Company and shall be paid/ dispatched tentatively within five days of the conclusion of the Annual General Meeting. The meeting of the Board of Directors commenced at 10:00 a.m. and concluded at 03:00 p.m. Please find attached herewith copy of notice of Book closure for the purpose of Dividend & AGM. (As Per BSE Announcement dated on 04.09.2023)	15-Sep-2023
29-Apr-2022	D	This is to inform you that the Board of Directors in its meeting held on 29th April, 2022 has recommended a dividend of Rs. 3.50/- per share on fully paid up equity shares of the Company. The payment of dividend is subject to approval by the Members of the Company and shall be paid/ dispatched tentatively within five days of the conclusion of the Annual General Meeting. The meeting of the Board of Directors commenced at 10:45 a.m. and concluded at 04:15 p.m.	16-Sep-2022
13-May-2021	D	Vardhman Special Steels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 13, 2021, inter alia, has recommended a dividend of Rs. 1.50 per share on fully paid up equity shares of the Company. The payment of dividend is subject to approval by the Members of the Company and shall be paid/ dispatched tentatively within five days of the conclusion of the Annual General Meeting. Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find enclosed herewith Audited Financial Results of the Company for the financial year ended 31st March, 2021 together with Auditors' Report as approved by Board of Directors in its meeting held on 13th May, 2021. The Board of Directors has recommended a dividend of Rs. 1.50 per share on fully paid up equity shares of the Company. The payment of dividend is subject to approval by the Members of the Company and shall be paid/ dispatched tentatively within five days of the conclusion of the Annual General Meeting. The Report of Auditors is with unmodified opinion with respect to the Audited Financial Results of the Company for the financial year ended 31st March, 2021. The meeting of the Board of Directors commenced at 10:00 a.m. and concluded at 3:35 p.m.	02-Sep-2021
22-May-2023	B	1:1 Bonus Issue of Equity Shares Trading Members of the Exchange are hereby informed that, Vardhman Special Steels Ltd has fixed Record Date for the purpose of Bonus Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company would be on an Ex-Bonus basis with effect from the under mentioned date :- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Vardhman Special Steels Ltd (534392) RECORD DATE 26.05.2023 PURPOSE Issue of 1 (One) Bonus Equity Share of Rs.10/- each for every 1 (One) existing Equity Share of Rs.10/- each held. Ex-Bonus basis from Date & Sett. No. 26/05/2023 DR-537/2022-2023 (As Per BSE Notice Dated on 24.05.2023)	26-May-2023	1:1
06-Apr-2017	R	Trading Members of the Exchange are hereby informed that, Vardhman Special Steels Ltd. has fixed the Record date for the purpose of Rights Issue of Equity Shares. The transactions in the equity shares of the Company should be done on ex-rights basis with effect from the under mentioned date. DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Vardhman Special Steels Ltd. (534392) RECORD DATE 10/04/2017 PURPOSE Issue of 2 (TWO) equity shares of Rs. 10/- each on rights basis for cash at premium of Rs. 40/- per share for every 3 (THREE) equity shares held. Ex-Right basis from Date & Sett. No. 07/04/2017 DR-006/2017-2018 Trading Members of the Exchange are requested to take note of it.	10-Apr-2017	2:3
23-Apr-2024	BC	VARDHMAN SPECIAL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/05/2024 inter alia to consider and approve Audited Financial Results for the	01-May-2024
01-May-2024	BC	The Board of Directors in its meeting held today has recommended final dividend @ Rs.2/- per share.	31-Mar-2024
18-Jan-2024	BC	VARDHMAN SPECIAL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2024 inter alia to consider and approve the Un-audited financial results o	02-Feb-2024
30-Jan-2024	BC	Trading Members of the Exchange are hereby informed that the further new securities issued by the under mentioned companies are listed and admitted for trading on the Exchange with effect from Wednes	31-Jan-2024
25-Oct-2023	BC	VARDHMAN SPECIAL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2023 inter alia to consider and approve the un-audited financial results o	07-Nov-2023

Record Date01 Jan'1900

Ex-Rights Date01 Jan'1900

Premium(Rs.)40

Ratio2:3

Book Closure

Record Date	Split Date	Purpose
01-May-2024	-	VARDHMAN SPECIAL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/05/2024 inter alia to consider and approve Audited Financial Results for the
31-Mar-2024	-	The Board of Directors in its meeting held today has recommended final dividend @ Rs.2/- per share.
02-Feb-2024	-	VARDHMAN SPECIAL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2024 inter alia to consider and approve the Un-audited financial results o
31-Jan-2024	-	Trading Members of the Exchange are hereby informed that the further new securities issued by the under mentioned companies are listed and admitted for trading on the Exchange with effect from Wednes
07-Nov-2023	-	VARDHMAN SPECIAL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2023 inter alia to consider and approve the un-audited financial results o

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Vardhman Special Steels Ltd ₹296.85(+1.05/0.35%)	296.85	+1.05	2,418.13	64.64	26.39	3.36
Prakash Industries Ltd ₹177.60(+6.75/3.95%)	177.60	+6.75	3,180.49	225.10	10.02	1.02
Kalyani Steels Ltd ₹891.40(+7.80/0.88%)	891.40	+7.80	3,891.85	158.00	15.28	2.49
Surya Roshni Ltd ₹681.90(+51.30/8.14%)	681.90	+51.30	7,420.30	68.25	19.50	3.75
Tata Steel Ltd ₹167.35(+2.40/1.45%)	167.35	+2.40	208,911.83	51.72	11.98	1.66
Mukand Ltd ₹180.35(-2.35/-1.29%)	180.35	-2.35	2,605.98	36.68	12.57	2.88

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
Gross Sales	439.41	397.40	415.19	409.36	422.04	400.63
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	439.41	397.40	415.19	409.36	422.04	400.63
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	8.71	8.25	5.62	7.24	5.20	13.44
Total Income	448.12	405.65	420.81	416.60	427.23	414.07
Total Expenditure	390.58	364.15	384.06	380.13	397.57	364.33
PBIDT	57.54	41.50	36.75	36.47	29.67	49.74
Interest	4.66	4.91	4.64	4.21	4.55	4.57
PBDT	52.88	36.59	32.11	32.26	25.12	45.17
Depreciation	8.99	7.43	7.31	7.25	7.09	7.08
Tax	11.29	7.21	6.50	6.53	4.58	9.91
Deferred Tax	-0.19	0.15	-0.16	-0.10	-0.24	-0.28
Reported Profit After Tax	32.79	21.81	18.46	18.57	13.68	28.47
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	32.79	21.81	18.46	18.57	13.68	28.47

EPS (Unit Curr.)	4.02	2.68	2.27	2.29	3.37	7.02
EPS (Adj) (Unit Curr.)	4.02	2.68	2.27	2.29	1.69	3.51
Calculated EPS (Unit Curr.)	4.03	2.68	2.27	2.29	3.37	7.02
Calculated EPS (Adj) (Unit Curr.)	4.03	2.68	2.27	2.29	1.69	3.51
Calculated EPS (Ann.) (Unit Curr.)	16.10	10.73	9.09	9.14	13.47	28.07
Calculated EPS (Adj) (Ann.) (Unit Curr.)	16.10	10.73	9.09	9.14	6.74	14.04
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	81.46	81.31	81.25	81.25	40.63	40.56
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	13.09	10.44	8.85	8.91	7.03	12.42
PBDTM(%)	12.03	9.21	7.73	7.88	5.95	11.27
PATM(%)	7.46	5.49	4.45	4.54	3.24	7.11

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	40.63	40.56	40.51	40.39	35.76	35.70
Reserves Total	601.59	514.40	418.86	373.24	326.23	303.62
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	642.22	554.96	459.37	413.63	361.99	339.32
Secured Loans	127.58	142.57	189.47	264.63	318.61	205.74
Unsecured Loans	16.27	19.40	1.05	1.64	15.00	22.39
Total Debt	143.85	161.97	190.52	266.27	333.61	228.13
Total Liabilities	786.07	716.93	649.89	679.90	695.60	567.45
APPLICATION OF FUNDS :
Gross Block	481.85	449.44	416.99	415.80	359.68	368.23
Less : Accumulated Depreciation	188.12	160.27	134.46	105.69	79.85	118.67
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	293.73	289.17	282.53	310.11	279.83	249.56
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	11.91	12.88	12.74	12.33	32.57	6.99
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	20.00	15.40	0.00	5.00	0.01	8.16
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	362.68	304.32	192.26	151.78	313.22	158.60
Sundry Debtors	261.55	221.86	224.30	179.89	187.26	194.55
Cash and Bank	9.61	15.98	52.34	2.30	0.28	7.49
Loans and Advances	44.79	39.17	13.38	21.88	45.05	19.29
Total Current Assets	678.62	581.33	482.28	355.86	545.82	379.93
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	220.24	176.23	150.22	87.86	191.81	107.71
Provisions	1.55	4.48	0.36	0.86	0.53	0.63
Total Current Liabilities	221.79	180.71	150.58	88.72	192.34	108.33
Net Current Assets	456.83	400.62	331.70	267.14	353.48	271.60
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	2.55	2.43	34.97	49.93	42.49	36.27
Deferred Tax Liability	22.64	23.29	25.28	29.97	28.26	26.54
Net Deferred Tax	-20.09	-20.86	9.69	19.96	14.23	9.73
Total Assets	762.37	697.20	636.66	614.54	680.11	546.04
Contingent Liabilities	0.25	0.33	0.75	0.44	3.59	48.37

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	0.27	2.34	2.30	0.28	7.49
Net Cash from Operating Activities	73.58	58.88	67.28	135.43	-18.85
Net Cash Used In Investing Activities	-14.83	-9.11	6.80	-88.17	-70.12
Net Cash Used In Financing Activities	-49.48	-51.84	-74.04	-45.24	81.77
Net Inc./Dec In Cash And Cash Equivalents	9.26	-2.07	0.04	2.02	-7.20
Cash And Cash Equivalents At End Of The Year	9.54	0.27	2.34	2.30	0.28

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

60.56%

FII Shareholding

0.49%

DII Shareholding

2.63%

Public Shareholding

36.32%

**Promoter pledged shareholding 60.56%

About Vardhman Special Steels Ltd

Vardhman Special Steels Ltd is in the Steel sector, having a market capitalization of Rs. 2418.13 crores. It has reported a sales of Rs. 439.41 crores and a net profit of Rs. 32.79 crores for the quarter ended December 2018. The company management includes Rajeev Gupta, Rajinder Kumar Jain,Rajeev Gupta,Sanjeev Pahwa,Suchita Jain,Bal Krishan Choudhary,Sachit Jain,Sonam Taneja,Sanjoy Bhattacharyya,Rakesh Jain,Raghav Chandra,Vidya Shah,Toshio Ito,Suman Chatterjee (Vardhman Special Steels Ltd) among others.

Chairman

Rajeev Gupta

Registered office

Vardhman Premises,Chandigarh Road,Ludhiana,Punjab,141010

FAX :91-0161-2601048/2220766

Background

Incorporation Year2010

Face Value₹10

Market Lot1

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What is the Vardhman Special share price today?

The Vardhman Special shares price on nse is Rs.296.85 today.

What is the market cap of Vardhman Special shares on BSE ?

The company has a market capitalization of Rs.2418.13Cr

What is the PE & PB ratio of Vardhman Special shares ?

PE is 26.39 and PB is 3.36

What is the 52 Week High and Low of Vardhman Special shares?

Vardhman Special stock price high: Rs.328.5 Vardhman Special stock price low: Rs.171