Vardhman Special Steels Limited Share Price and Company Fundamentals
Last traded: Yesterday at 10:00 AM
Vardhman Special Steels Limited manufactures and sells billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally. The company serves engineering, automotive, tractor, bearing, and allied industries. Vardhman Special Steels Limited was founded in 1973 and is headquartered in Ludhiana, India.
Key Metrics
PE ratio
9.22
PB ratio
1.66
Dividend yield
1.54%
Beta
1.18
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Steel / Basic Materials |
|---|---|
| Website | https://www.vardhmansteel.com |
| Mailing address | C-58, Focal Point Ludhiana 141010 India |
| Phone / Fax | 91 16 1267 0707 / 91 16 1267 0503 |
Dividends
Dividend yield
1.54%
Dividend amount
₹3.50
Payout ratio
6.07%
Vardhman Special Steels Limited paid ₹3.50 dividend and the ex-dividend date was 02 Sept 2021.The dividend payout ratio is 6.07%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VSSL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
VSSL's forward dividend amount is ₹1.5 and the forward dividend yield is 0.66%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Vardhman Special Steels Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Sachit Jain B.Tech. | Vice Chairman & MD | 55 | 56.74M |
| Mr. Sanjeev Singla | Chief Financial Officer | 45 | |
| Mr. Mukesh Kumar Srivastava | Chief Operating Officer | 57 | |
| Ms. Sonam Taneja | Compliance Officer & Company Sec. | 32 | |
| Mr. Mukesh Gupta | Sr. VP | 46 | |
| Rajesh Soni | Chief Mang. | 55 | |
| Mr. Jagdish Chand | VP of Engineering Services | 51 | |
| Amit Chopra | VP | 46 | |
| Davinder Singh | VP | 47 |
Profitability and management effectiveness
Profit margin
7.36%
Operating margin
12.29%
Return on assets
12.20%
Return on equity
19.87%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Vardhman Special Steels Limited is and its enterprise value is .
The VSSL's stocks Beta value is 1.18 making it 18% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Vardhman Special Steels Limited (NSE:VSSL) Frequently Asked Questions
1. What is Vardhman Special Steels Limited's Stock Symbol?
Vardhman Special Steels Limited trades on NSE under the ticker symbol "VSSL".
2. What is Vardhman Special Steels Limited's stock price today?
One share of VSSL stock can currently be purchased for approximately ₹219.8.
3. How can I contact Vardhman Special Steels Limited?
Vardhman Special Steels Limited's mailing address is C-58, Focal Point Ludhiana 141010 India. The company can be reached via phone at 91 16 1267 0707.
4. What is Vardhman Special Steels Limited's official website?
The official website of Vardhman Special Steels Limited is https://www.vardhmansteel.com.