Vardhman Special Steels Limited Net Asset Quality Index
Vardhman Special Steels Limited net asset quality index. Vardhman Special Steels Limited (VSSL) has a Net Asset Quality Index of 78.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs16.33 Billion minus total liabilities of Rs3.56 Billion yields net assets of Rs12.77 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check VSSL cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Vardhman Special Steels Limited (2011–2026)
Net asset quality index of Vardhman Special Steels Limited from 2011 to 2026. This chart shows how Vardhman Special Steels Limited's Net Asset Quality Index has evolved across 16 annual periods from 2011 to 2026. As of March 2026, the index stands at 78.2%, representing net assets of Rs12.77 Billion against total assets of Rs16.33 Billion INR. See Vardhman Special Steels Limited book value and equity for net asset value and shareholders' equity analysis.
Vardhman Special Steels Limited Net Asset Quality Index by Year (2011–2026)
Vardhman Special Steels Limited net asset quality index by year from 2011 to 2026. The table below presents the year-by-year Net Asset Quality Index for Vardhman Special Steels Limited from 2011 to 2026, covering 16 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Vardhman Special Steels Limited market capitalisation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 78.2% | Rs12.77 Billion | Rs16.33 Billion | Rs3.56 Billion | ▲ +8.0 pp |
| 2025 | 70.2% | Rs7.98 Billion | Rs11.36 Billion | Rs3.38 Billion | ▲ +1.1 pp |
| 2024 | 69.2% | Rs7.19 Billion | Rs10.40 Billion | Rs3.20 Billion | ▲ +6.9 pp |
| 2023 | 62.3% | Rs6.42 Billion | Rs10.31 Billion | Rs3.88 Billion | ▲ +2.1 pp |
| 2022 | 60.3% | Rs5.55 Billion | Rs9.21 Billion | Rs3.66 Billion | ▲ +3.0 pp |
| 2021 | 57.2% | Rs4.59 Billion | Rs8.03 Billion | Rs3.43 Billion | ▲ +3.5 pp |
| 2020 | 53.7% | Rs4.14 Billion | Rs7.70 Billion | Rs3.57 Billion | ▲ +13.0 pp |
| 2019 | 40.7% | Rs3.62 Billion | Rs8.89 Billion | Rs5.27 Billion | ▼ -9.4 pp |
| 2018 | 50.1% | Rs3.39 Billion | Rs6.77 Billion | Rs3.37 Billion | ▲ +17.8 pp |
| 2017 | 32.3% | Rs1.98 Billion | Rs6.13 Billion | Rs4.15 Billion | ▲ +3.7 pp |
| 2016 | 28.6% | Rs1.75 Billion | Rs6.11 Billion | Rs4.36 Billion | ▲ +1.0 pp |
| 2015 | 27.6% | Rs1.70 Billion | Rs6.15 Billion | Rs4.45 Billion | ▼ -5.3 pp |
| 2014 | 32.9% | Rs1.86 Billion | Rs5.64 Billion | Rs3.78 Billion | ▼ -0.5 pp |
| 2013 | 33.5% | Rs1.95 Billion | Rs5.83 Billion | Rs3.88 Billion | ▼ -6.9 pp |
| 2012 | 40.4% | Rs1.90 Billion | Rs4.71 Billion | Rs2.81 Billion | ▼ -23.6 pp |
| 2011 | 64.0% | Rs1.64 Billion | Rs2.57 Billion | Rs925.96 Million | — |