Notes / Company

Vardhman Special Steels Ltd.

VSSL BSE 534392 ISIN INE050M01012 Steel & Iron Products

Fundamentals

Market cap: ₹2,735 cr
P/E: 29.38×
ROE: 11.67%
Debt / equity: 0.15
Div yield: 1.23%
52-week range: 206.40 — 324.00

Research on Tijori Finance

The timeline — 1 note on Vardhman Special Steels Ltd.

July 2026

27 Jul 26 · 5:31 PM IST Lead

Lead · Small cap

Vardhman Special Steels commits ₹1,116 cr for forging unit, up from ₹475 cr plan

The Ludhiana forging plant, double the originally planned size, will make ring gears and precision parts. First line due by March 2028.

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