Vardhman Special Steels (NSE:VSSL) EV-to-OCF: (As of Jul. 24, 2026)

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NSE:VSSL Vardhman Special Steels Ltd NSE:VSSL
75 GF Score
Price ₹296.25
GF Value ₹223.42
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Vardhman Special Steels EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Vardhman Special Steels's Enterprise Value is ₹27,071 Mil. Vardhman Special Steels's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Vardhman Special Steels's EV-to-OCF for today is .

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

NSE:VSSL' s EV-to-OCF Range Over the Past 10 Years
Min: 25.71   Med: 0   Max: 25.71
Current: 25.71

During the past 13 years, the highest EV-to-OCF of Vardhman Special Steels was 25.71. The lowest was 25.71. And the median was .

NSE:VSSL's EV-to-OCF is ranked worse than
83.15% of 635 companies
in the Steel industry
Industry Median: 7.23 vs NSE:VSSL: 25.71

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-24), Vardhman Special Steels's stock price is ₹296.25. Vardhman Special Steels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.010. Therefore, Vardhman Special Steels's PE Ratio (TTM) for today is 22.77.


Vardhman Special Steels  (NSE:VSSL) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Vardhman Special Steels's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=296.25/13.010
=22.77

Vardhman Special Steels's share price for today is ₹296.25.
Vardhman Special Steels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹13.010.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Vardhman Special Steels EV-to-OCF Related Terms


Vardhman Special Steels EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's EV-to-OCF 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 EV-to-OCF Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 23.57 12.67 13.59 17.40

Vardhman Special Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 13.59 0.00 0.00 0.00 17.40

NSE:VSSL vs NUE, STLD, RS: EV-to-OCF Comparison

For the Steel subindustry, Vardhman Special Steels's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Steel Industry

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

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


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

Vardhman Special Steels EV-to-OCF Calculation

Vardhman Special Steels's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=27071.354/0
=

Vardhman Special Steels's current Enterprise Value is ₹27,071 Mil.
Vardhman Special Steels's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 ₹296.25 is trading 32.6% above its estimated GF Value™ of ₹223.42. GuruFocus considers Vardhman Special Steels to be Significantly Overvalued.

Key valuation signals for NSE:VSSL:

  • EV-to-OCF:
  • GF Value™: ₹223.42 vs. price of ₹296.25 (32.6% 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

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

₹296.25
Price
₹223.42
GF Value