Vardhman Special Steels Limited
Financial trend (82/100) does the heavy lifting; valuation (44/100) is the drag.
Fair valueStocksWizard rates Vardhman Special Steels Limited a Buy, scoring 65/100 on our blended model. At ₹304.75 it trades above our blended DCF and relative-multiples fair value of ₹276.31, about 9% downside to that estimate — we read it as fairly valued. On 22.6x trailing earnings it sits roughly in line with the Basic Materials median of about 22.2x. It's trading right at its 52-week high of ₹314.95. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. It clears 6 of 11 investability checks, with durability 64, valuation 53 and momentum 80 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹221.04.
1-year price
EOD · 2026-07-3152-week range
-3.24% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Buy65Piotroski F-score 5/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- Pass: Low debt (D/E < 0.5): 0.07x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 12%
- Pass: Earnings growing: 75%
- Fail: Net margin ≥ 10%: 7.9%
- No data: Current ratio > 1.5
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 6.71
- Fail: Piotroski ≥ 7: 5/9
Annual financials
Shareholding
- Promoter78.0%
- Institutions4.3%
- Public & other17.7%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 6.71.
Opportunities
- Earnings growing (75% YoY).
- Revenue growing (12% YoY).
About Vardhman Special Steels Limited
Vardhman Special Steels Limited manufactures and sells billets, steel bars, and bright bars made from special and alloy steels to markets in India and internationally. The company serves automotive manufacturers across passenger vehicles, two-wheelers, and commercial vehicles, along with tractor and railway producers, plus engineering, bearing, and related industries. Founded in 1973, it is based in Ludhiana, India.
Vardhman Special Steels Limited — frequently asked questions
Is Vardhman Special Steels Limited a buy, hold or sell?
StocksWizard currently rates Vardhman Special Steels Limited (VSSL) a Buy, based on a blended score of 65/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Vardhman Special Steels Limited's fair value?
Our blended DCF and relative-valuation model estimates Vardhman Special Steels Limited's fair value at about ₹276.31, versus a current price of ₹304.75 — roughly 9% downside. On that basis the stock looks fairly valued.
Is Vardhman Special Steels Limited financially healthy?
Vardhman Special Steels Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.
How has Vardhman Special Steels Limited's share price performed?
Vardhman Special Steels Limited is up 10% over three months, and last traded at ₹304.75. Past performance doesn't predict future returns.
More in Basic Materials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.