Vardhman Special Steels Limited (NSE:VSSL) — Market Cap & Net Worth

$423.16 Million USD  · Rs39.13 Billion INR  · Rank #13223

Market Cap & Net Worth: Vardhman Special Steels Limited (VSSL)

Vardhman Special Steels Limited (NSE:VSSL) has a market capitalization of $423.16 Million (Rs39.13 Billion) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #13223 globally and #654 in its home market, demonstrating a 11.56% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Vardhman Special Steels Limited's stock price Rs404.70 by its total outstanding shares 96685678 (96.69 Million). Also see Vardhman Special Steels Limited assets under control for a full breakdown of the balance sheet.

Vardhman Special Steels Limited Market Cap History: 2015 to 2026

Vardhman Special Steels Limited's market capitalization history from 2015 to 2026. Data shows growth from $21.06 Million to $423.16 Million (36.38% CAGR). Also see Vardhman Special Steels Limited operating cash flow efficiency for how efficiently the company converts equity into cash flow.

Vardhman Special Steels Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Vardhman Special Steels Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check today's stock price for Vardhman Special Steels Limited for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.02x

Vardhman Special Steels Limited's market cap is 0.02 times its annual revenue

Industry average: 0.07x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.35x

Vardhman Special Steels Limited's market cap is 0.35 times its annual earnings

Industry average: 11.70x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2017 $84.51 Million $6.74 Billion $191.37 Million 0.01x 0.44x
2018 $48.67 Million $8.57 Billion $250.36 Million 0.01x 0.19x
2019 $35.73 Million $10.78 Billion $222.06 Million 0.00x 0.16x
2020 $59.04 Million $8.40 Billion $33.40 Million 0.01x 1.77x
2021 $128.65 Million $9.37 Billion $441.95 Million 0.01x 0.29x
2022 $157.82 Million $13.68 Billion $1.01 Billion 0.01x 0.16x
2023 $226.98 Million $17.35 Billion $1.00 Billion 0.01x 0.23x
2024 $236.41 Million $16.61 Billion $916.28 Million 0.01x 0.26x
2025 $297.32 Million $17.64 Billion $930.88 Million 0.02x 0.32x
2026 $423.16 Million $17.54 Billion $1.22 Billion 0.02x 0.35x

Competitor Companies of VSSL by Market Capitalization

Companies near Vardhman Special Steels Limited in the global market cap rankings as of September 19, 2026. Review Vardhman Special Steels Limited (VSSL) tangible net worth to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Vardhman Special Steels Limited by market ranking:

  • ArcelorMittal SA (AS:MT): Ranked #563 globally with a market cap of $48.06 Billion USD ( €41.11 Billion EUR).
  • ArcelorMittal SA ADR (NYSE:MT): Ranked #606 globally with a market cap of $45.32 Billion USD.
  • ArcelorMittal SA (XETRA:ARRD): Ranked #689 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
  • ArcelorMittal SA (MC:MTS): Ranked #693 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#563 ArcelorMittal SA AS:MT $48.06 Billion €63.12
#606 ArcelorMittal SA ADR NYSE:MT $45.32 Billion $59.54
#689 ArcelorMittal SA XETRA:ARRD $39.90 Billion €60.56
#693 ArcelorMittal SA MC:MTS $39.75 Billion €63.10

Vardhman Special Steels Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Vardhman Special Steels Limited's market cap moved from $21.06 Million to $ 423.16 Million, with a yearly change of 36.38%.

Year Market Cap Change (%)
2026 Rs423.16 Million +42.32%
2025 Rs297.32 Million +25.76%
2024 Rs236.41 Million +4.16%
2023 Rs226.98 Million +43.82%
2022 Rs157.82 Million +22.67%
2021 Rs128.65 Million +117.90%
2020 Rs59.04 Million +65.25%
2019 Rs35.73 Million -26.59%
2018 Rs48.67 Million -42.41%
2017 Rs84.51 Million +150.31%
2016 Rs33.76 Million +60.30%
2015 Rs21.06 Million --

End of Day Market Cap According to Different Sources

On Sep 19th, 2026 the market cap of Vardhman Special Steels Limited was reported to be:

Source Market Cap
Yahoo Finance $423.16 Million USD
MoneyControl $423.16 Million USD
MarketWatch $423.16 Million USD
marketcap.company $423.16 Million USD
Reuters $423.16 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Vardhman Special Steels Limited

NSE:VSSL India Steel
Market Cap
$423.16 Million
Rs39.13 Billion INR
Market Cap Rank
#13223 Global
#654 in India
Share Price
Rs404.70
Change (1 day)
-0.33%
52-Week Range
Rs208.40 - Rs406.05
All Time High
Rs406.05
About

Vardhman Special Steels Limited engages in the manufacture and sale of billets, steel bars, and bright bars of various categories of special and alloy steels in India and internationally. Its customers include passenger vehicles, two wheelers, commercial vehicles, tractors, and railways, as well as engineering, bearing, and allied industries. Vardhman Special Steels Limited was founded in 1973 an… Read more