VSSL Q4 & FY26: PAT up 31%, Debt-Free, ₹475Cr Forging Facility

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapAnalyst Day Multiyear TargetsInvestor Communications View source PDF

VSSL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-5.4%1-day move

₹294.00

prior close

₹293.50

base price

After-mkt

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AI summary

Vardhman Special Steels reported Q4 FY26 revenue of Rs 457.92 Cr (+7% YoY) and PAT of Rs 33.98 Cr (+72% YoY). FY26 PAT rose 31% to Rs 122.02 Cr on Rs 1,754 Cr revenue. Company became debt-free, cutting finance costs 36% to Rs 11.91 Cr. Board recommended Rs 3.50/share dividend. Management approved ₹475 Cr forging facility, with Aichi Steel raising stake to 24.09%. Plans a 5,00,000 MT greenfield plant by FY29-30, with capacity rising to 2,70,000 tonnes. Exports targeted to grow from 5% to 20-25% of sales by FY27.

Likely market impact

Strong earnings, debt-free balance sheet, and major capacity expansion plans signal robust growth outlook, likely positive for stock sentiment.