Vardhman Special Steels (NSE:VSSL) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:VSSL Vardhman Special Steels Ltd NSE:VSSL
75 GF Score
Price ₹304.75
GF Value ₹227.69
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Vardhman Special Steels Debt-to-Equity?

Vardhman Special Steels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Vardhman Special Steels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Vardhman Special Steels's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vardhman Special Steels's Debt-to-Equity or its related term are showing as below:

NSE:VSSL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.51   Max: 1.6
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Vardhman Special Steels was 1.60. The lowest was 0.06. And the median was 0.51.

NSE:VSSL's Debt-to-Equity is ranked better than
87.23% of 548 companies
in the Steel industry
Industry Median: 0.4 vs NSE:VSSL: 0.07

Vardhman Special Steels  (NSE:VSSL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vardhman Special Steels Debt-to-Equity Related Terms

Vardhman Special Steels Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vardhman Special Steels Debt-to-Equity Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.22 0.12 0.15 0.07

Vardhman Special Steels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.06 N/A 0.07 N/A

NSE:VSSL vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Vardhman Special Steels's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vardhman Special Steels Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's Debt-to-Equity falls into.


NSE:VSSL
75GF Score
Vardhman Special Steels Ltd NSE:VSSL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Special Steels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vardhman Special Steels's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(929.026 + 1.027) / 12773.198
=0.07

Vardhman Special Steels's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued. The current stock price of ₹304.75 is trading 33.8% above its estimated GF Value™ of ₹227.69. GuruFocus considers Vardhman Special Steels to be Significantly Overvalued.

Key valuation signals for NSE:VSSL:

  • Debt-to-Equity: N/A
  • GF Value™: ₹227.69 vs. price of ₹304.75 (33.8% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the NSE:VSSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Vardhman Special Steels Business Description

Other Exchanges 534392:India
Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
75GF Score

Get the complete analysis for NSE:VSSL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹304.75
Price
₹227.69
GF Value