Vardhman Special Steels Limited has informed the Exchange about Transcript.

Vardhman Special Steels reported record profit of INR 122 crores with highest-ever volume of 225,000 tons in FY26. The company raised its EBITDA per ton guidance to INR 8,000-11,000 (from INR 7,000-10,000) and targets INR 9,000-12,000 in two years. Key capex includes a new steel plant (targeting July 2029, 500,000-600,000 tons capacity, INR 2,000 crores) and forging plant (Q3 FY28, INR 475 crores). Volume guidance for FY27 is 250,000 tons, with further growth to 270,000-275,000 tons. The company announced a dividend of INR 3.50 per share and outlined a 10-year strategic shift toward 30% non-automotive steels (including aerospace, defense, railways, and die steels). Total planned capex through FY30 is approximately INR 2,600 crores, funded by INR 1,200 crore equity and INR 1,200 crore debt.