Vardhman Special Steels Limited (VSSL) — 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 Vardhman Special Steels Limited (VSSL) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Vardhman Special Steels Limited Net Asset Quality Index Over Time (2011–2026)
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 VSSL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Vardhman Special Steels Limited (2011–2026)
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 market capitalisation and the full company profile, see VSSL market cap.
| 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 | — |