Vardhman Special Key Ratios
NSE: VSSL | BSE: 534392
₹328.55
As on 29-Oct-2026IST
Market cap
₹3,205 Cr
Revenue (TTM)
₹1,975 Cr
P/E Ratio
19.9
P/B Ratio
2.4
Div. Yield
1.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 23.47 | 38.81 | 14.75 | 6.23 | 8.92 |
| EBIT | 21.78 | 60.03 | 65.78 | 25.35 | 2.80 |
| Net Profit | 27.46 | 51.88 | 68.58 | 26.76 | 10.00 |
| EPS | 27.44 | 51.57 | 50.81 | 19.60 | 6.17 |
| Book Value | -- | -- | 35.44 | 18.69 | 18.42 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 6.94 | 7.54 | 9.21 | 7.62 | 6.49 |
| Net Margin
| 5.80 | 6.05 | 7.97 | 6.79 | 5.19 |
| Return on equity
| 12.52 | 14.85 | 12.33 | 11.78 | 12.30 |
| Return on Capital
| 16.63 | 19.18 | -- | 15.38 | 16.71 |
| Return on Assets
| 8.62 | 9.32 | 9.63 | 8.81 | 8.56 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.07 | 0.15 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
15.38
|
16.71
|
17.80
|
20.25
|
|
Peer Median
|
--
|
13.88
|
14.07
|
--
|
--
|
ROE
12.33
Higher than Peers by 2.33
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
12.33
|
11.78
|
12.30
|
13.49
|
16.81
|
|
Peer Median
|
10.00
|
11.44
|
12.37
|
--
|
--
|
ROA
9.63
Higher than Peers by 4.46
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
9.63
|
8.81
|
8.56
|
8.47
|
9.58
|
|
Peer Median
|
5.17
|
5.36
|
7.53
|
--
|
--
|
EBIT Margin
9.21
Higher than Peers by 0.89
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
9.21
|
7.62
|
6.49
|
6.70
|
6.52
|
|
Peer Median
|
8.32
|
9.73
|
8.78
|
--
|
--
|
Net Margin
7.97
Higher than Peers by 2.54
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
7.97
|
6.79
|
5.19
|
5.42
|
5.66
|
|
Peer Median
|
5.44
|
6.18
|
6.53
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
8.80
|
7.14
|
7.35
|
7.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
14.75
Higher than Peers by 10.01
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
14.75
|
-0.57
|
6.20
|
-4.24
|
26.78
|
|
Peer Median
|
4.73
|
11.70
|
3.51
|
--
|
--
|
EBIT Growth
65.78
Higher than Peers by 51.34
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
65.78
|
16.62
|
2.89
|
-1.49
|
-20.39
|
|
Peer Median
|
14.44
|
31.83
|
2.75
|
--
|
--
|
Net Profit Growth
68.58
Higher than Peers by 48.62
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
68.58
|
31.08
|
1.59
|
-8.78
|
-0.30
|
|
Peer Median
|
19.96
|
29.90
|
-1.04
|
--
|
--
|
EPS Growth
50.81
Higher than Peers by 35.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
50.81
|
10.81
|
1.25
|
-9.01
|
-0.46
|
|
Peer Median
|
15.11
|
29.27
|
-1.70
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
60.21
|
10.93
|
11.95
|
15.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
0.07
|
0.15
|
0.12
|
0.22
|
|
Peer Median
|
0.13
|
0.37
|
0.35
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
0.07
|
0.13
|
0.06
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.43
Higher than Peers by 1.01
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
2.43
|
2.90
|
2.11
|
2.36
|
2.06
|
|
Peer Median
|
1.42
|
1.47
|
1.48
|
--
|
--
|
Quick Ratio
1.64
Higher than Peers by 1.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
1.64
|
1.83
|
1.04
|
1.10
|
1.04
|
|
Peer Median
|
0.62
|
0.69
|
0.73
|
--
|
--
|
Interest Coverage
17.13
Higher than Peers by 12.72
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
17.13
|
14.78
|
7.71
|
7.67
|
8.61
|
|
Peer Median
|
4.41
|
4.21
|
4.94
|
--
|
--
|
Operating Efficiency
Debtors to sales
20.80
Higher than Peers by 10.67
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
20.80
|
15.84
|
14.81
|
15.78
|
15.07
|
|
Peer Median
|
10.13
|
10.02
|
11.58
|
--
|
--
|
Asset Turnover
1.18
Higher than Peers by 0.23
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
1.18
|
1.27
|
1.63
|
1.54
|
1.65
|
|
Peer Median
|
0.95
|
0.97
|
1.13
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
55.89
|
53.93
|
57.29
|
50.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
71.03
|
71.20
|
78.63
|
70.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
56.99
|
52.88
|
64.95
|
54.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
--
|
69.94
|
72.25
|
70.96
|
66.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
19.88
Lower than Peers by 0.57
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
19.88
|
16.41
|
17.46
|
18.86
|
8.06
|
|
Peer Median
|
20.45
|
22.81
|
25.84
|
--
|
--
|
Price / Book Value
2.39
Higher than Peers by 0.02
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
2.39
|
1.57
|
2.04
|
2.41
|
2.53
|
|
Peer Median
|
2.38
|
2.38
|
2.59
|
--
|
--
|
Dividend Yield
1.06
Higher than Peers by 0.49
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
1.06
|
1.69
|
1.51
|
0.94
|
0.50
|
|
Peer Median
|
0.57
|
0.39
|
0.40
|
--
|
--
|
EV/EBITDA
12.62
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
12.62
|
9.75
|
9.79
|
10.47
|
9.73
|
|
Peer Median
|
--
|
17.66
|
16.36
|
--
|
--
|
Market Cap
3,205
Lower than Peers by 3,750
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Vardhman Special
|
3,205
|
2,003
|
1,626
|
1,728
|
1,620
|
|
Peer Median
|
6,955
|
3,181
|
3,320
|
--
|
--
|