Vardhman Special Steels Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Vardhman Special Steels Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 93% of Basic Materials companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. More tangible than 93% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹122Over the last 3 years, every ₹100 of reported profit came with ₹122 of operating cash.
Higher than 59% of Basic Materials companies in India.
Self-Funding Ratio
0.9×Over the last 3 years its own operating cash paid for 87% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 61% of Basic Materials companies in India.
Cash Locked Ratio
₹23For every ₹100 of sales, ₹23 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹24 tied up three years earlier.
More money tied up than 55% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 68% of Basic Materials companies in India.
Growth Efficiency Ratio
—Sales barely changed
Sales changed by +1% in 3 years, too little to measure extra profit per extra sales.
Asset Productivity Ratio
+1% / +58%In 3 years sales changed by +1% while total assets changed by +58%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
1.1×Debt due within a year is covered 1.1 times by its yearly operating cash.
Higher than 61% of Basic Materials companies in India.
Cash Cushion Ratio
+4%Cash, after subtracting all debt, equals 4% of its market value (net cash).
Higher than 76% of Basic Materials companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 93% of Basic Materials companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 93% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Vardhman Special Steels Limited owes ₹0.22 for every ₹1 it owns. Net profit rose 31% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
22.9Investors pay ₹22.9 for every ₹1 of Vardhman Special Steels Limited's yearly profit, higher than 57% of Basic Materials companies in India.
P/B ratio
2.57The share price is 2.57 times Vardhman Special Steels Limited's book value per share, higher than 63% of Basic Materials companies in India.
Market cap
₹3,280 CrThe total market value of all of Vardhman Special Steels Limited's shares at today's price (share price × number of shares), larger than 62% of Basic Materials companies in India. PosiCap size class: Mini Cap.
Net worth (book value)
₹1,277 CrWhat Vardhman Special Steels Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹132.11Net worth divided by the number of shares. The share price of ₹339.20 is 2.6 times this, which is the P/B above.
Return on equity (ROE)
11.2%Vardhman Special Steels Limited earned 11.2% on its shareholders' money over the last year, higher than 54% of Basic Materials companies in India.
Owes vs Owns
0.22×Vardhman Special Steels Limited owes ₹0.22 for every ₹1 it owns (low), lower than 77% of Basic Materials companies in India.
Dividend yield
0.96%Vardhman Special Steels Limited pays 0.96% of its share price as dividends a year, higher than 66% of dividend-paying Basic Materials companies in India.
Revenue growth
-0%Revenue fell 0% in the year to Mar 2026, and grew 0% a year on average over 3 years.
Profit growth
+31%Net profit rose 31% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Profit margin
7.0%Vardhman Special Steels Limited keeps ₹7 of every ₹100 of revenue as net profit.
Cash quality
0.9×Cash from Vardhman Special Steels Limited's business was 0.9× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
14.5×Vardhman Special Steels Limited's operating profit covered its interest costs 14.5 times in the year to Mar 2026.
Cash vs debt
Net cashVardhman Special Steels Limited held ₹120 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Vardhman Special Steels Limited's P/E ratio?
Investors pay ₹22.9 for every ₹1 of Vardhman Special Steels Limited's yearly profit, higher than 57% of Basic Materials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Vardhman Special Steels Limited: ₹3,280 Cr ÷ ₹1,277 Cr (31 Mar 2026) = 2.6.
What is Vardhman Special Steels Limited's return on equity?
Vardhman Special Steels Limited earned 11.2% on its shareholders' money over the last year, higher than 54% of Basic Materials companies in India.
How much does Vardhman Special Steels Limited owe compared with what it owns?
Vardhman Special Steels Limited owes ₹0.22 for every ₹1 it owns (low), lower than 77% of Basic Materials companies in India.
Does Vardhman Special Steels Limited pay a dividend?
Yes. Vardhman Special Steels Limited pays 0.96% of its share price as dividends a year, higher than 66% of dividend-paying Basic Materials companies in India.
Is Vardhman Special Steels Limited's revenue growing?
Revenue fell 0% in the year to Mar 2026, and grew 0% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.