Company Vardhman Special Steels Limited Bombay S.E.

Equities

VSSL

INE050M01012

Iron & Steel

Market Closed - Bombay S.E. 11:00:49 29/04/2024 BST 5-day change 1st Jan Change
291.7 INR -2.60% Intraday chart for Vardhman Special Steels Limited +18.05% +33.26%

Business Summary

Vardhman Special Steels Limited is an India-based company engaged in the business of manufacturing special and alloy steels. The Company is engaged in producing high-grade billets and hot-rolled bars for varied applications in engineering, automotive, tractor, bearing and allied industries. It produces a variety of steels in terms of type and size. The Company offers products, such as hot rolled, round corner square, peeled and reeled bars, peeled and ground bars, drawn and ground bars, and heat treatment bars. The Company also offers Carbon Steel, Carbon Manganese Steel, Case Hardening Steel, Chrome Steel, Chrome Manganese Steel, Chrome-Moly Steel, Nickel Chrome / Nickel Chrome Moly Steel, Through Hardening Steel, Boron Steel, Micro Alloyed Steel, Vanadium Steel, Nitriding Steel, Ball Bearing Steel, Free/Semi Free Cutting Steel, Spring Steel and High Titanium Steel. It manufactures products using technologies, such as Steel Melting, Bright Bar, Rolling Mill and Heat Treatment.

Number of employees: 1,125

Sales per Business

INR in Million2022Weight2023Weight Delta
Finished Goods - Black Bars
73.0 %
10,084 73.7 % 12,666 73.0 % +25.60%
Finished Goods - Bright Bars
26.2 %
3,457 25.3 % 4,542 26.2 % +31.38%
By Product and Miscellaneous Sale
0.7 %
125 0.9 % 129 0.7 % +3.13%
Export Incentives
0.1 %
12 0.1 % 13 0.1 % +9.32%

Sales per region

INR in Million2022Weight2023Weight Delta
India
95.1 %
12,788 94.4 % 16,359 95.1 % +27.92%
International
4.9 %
759 5.6 % 849 4.9 % +11.77%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 -
Director of Finance/CFO 69 24/03/14
Compliance Officer - 30/01/15
Director/Board Member 65 31/01/22
Corporate Officer/Principal 49 14/05/09

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 57 -
Director/Board Member 56 13/05/10
Director/Board Member 58 24/07/22
Director/Board Member 65 31/01/22
Director/Board Member 84 -
Director/Board Member 30 31/12/20
Director/Board Member 64 31/07/15
Director/Board Member - 24/07/22
Director/Board Member - 03/05/19
Director/Board Member - 24/07/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 81,459,828 19,900,992 ( 24.43 %) 0 24.43 %

Shareholders

NameEquities%Valuation
19,416,666 23.84 % 49 M ₹
11,226,238 13.78 % 29 M ₹
10,437,908 12.81 % 27 M ₹
9,259,258 11.37 % 24 M ₹
Devakar Investment & Trading Co. Pvt Ltd.
5.438 %
4,430,032 5.438 % 11 M ₹
Tata Asset Management Ltd.
2.493 %
2,030,675 2.493 % 5 M ₹
2,000,000 2.455 % 5 M ₹
1,818,000 2.232 % 5 M ₹
Mahavir Shares Trust
1.308 %
1,065,822 1.308 % 3 M ₹
1,000,000 1.228 % 3 M ₹

Company contact information

Vardhman Special Steels Ltd.

C-58, Focal Point Phase 3

141010, Ludhiana

+91 16 1267 0707

http://www.vardhmansteel.com
address Vardhman Special Steels Limited(VSSL)
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