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. See Vardhman Special Steels Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. Explore Vardhman Special Steels Limited (VSSL) cash flow conversion to assess how effectively this company generates cash.
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 how much is Vardhman Special Steels Limited worth.
| 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 | — |