Vardhman Special Steels Ltd

Vardhman Special Steels Expands Capacity & Reports Strong Q4 Growth 📈

• Q4 FY26 revenue: ₹457.92 crore (6.98% YoY growth)

• Q4 PAT: ₹33.98 crore (72.20% YoY increase)

• Annual FY26 revenue: ₹1,754.43 crore (slight 0.57% decrease)

• Annual PAT: ₹122.02 crore (31.08% YoY growth)

• Q4 sales volume: 59,370 tonnes (up from 53,834 tonnes)

• EBITDA per ton: ₹9,524 (₹8,711 excluding non-operational income)

• Company became debt-free in FY26

• Commissioned new reheating furnace increasing capacity to 270,000 tonnes

• Solar power plant commissioned

• Aichi Steel increased stake to 24.09%

• Forging facility investment of ₹475 crore approved

• Dividend recommended: ₹3.50 per share