Vardhman Special Steels (NSE:VSSL) FCF Margin %: 0.00% (As of Mar. 2026)


NSE:VSSL Vardhman Special Steels Ltd NSE:VSSL
75 GF Score
Price ₹282.90
GF Value ₹224.07
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Vardhman Special Steels FCF Margin %?

Vardhman Special Steels NSE:VSSL -0.58% 75 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates NSE:VSSL with a GF Score™ of 75/100 and a GF Value™ of ₹224.07 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 617 Steel companies, Vardhman Special Steels ranks worse than 79.58% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Vardhman Special Steels's Free Cash Flow for the three months ended in Mar. 2026 was ₹0 Mil. Vardhman Special Steels's Revenue for the three months ended in Mar. 2026 was ₹4,579 Mil. Therefore, Vardhman Special Steels's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.

As of today, Vardhman Special Steels's current FCF Yield % is -5.00%.

The historical rank and industry rank for Vardhman Special Steels's FCF Margin % or its related term are showing as below:

NSE:VSSL' s FCF Margin % Range Over the Past 10 Years
Min: -9.14   Med: 2.17   Max: 11.86
Current: -7.79


During the past 13 years, the highest FCF Margin % of Vardhman Special Steels was 11.86%. The lowest was -9.14%. And the median was 2.17%.

NSE:VSSL's FCF Margin % is ranked worse than
79.58% of 617 companies
in the Steel industry
Industry Median: 1.1 vs NSE:VSSL: -7.79


Vardhman Special Steels FCF Margin % Related Terms


Vardhman Special Steels FCF Margin % Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's FCF Margin % 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 FCF Margin % Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 2.60 4.51 0.46 -7.79

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
FCF Margin % 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 0.00 0.00 0.00 0.00 0.00

NSE:VSSL vs NUE, STLD, RS: FCF Margin % Comparison

For the Steel subindustry, Vardhman Special Steels's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's FCF Margin % falls into.


NSE:VSSL
75GF Score
Vardhman Special Steels Ltd NSE:VSSL
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Special Steels FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Vardhman Special Steels's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-1367.426/17544.331
=-7.79 %

Vardhman Special Steels's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0/4579.154
=0.00 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 0.00% mean?
Vardhman Special Steels (NSE:VSSL) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Vardhman Special Steels and its competitors. According to the industry distribution chart, Vardhman Special Steels ranks #491 out of 617 companies in the Steel industry, placing it in the top 79.6%.
Is Vardhman Special Steels' FCF Margin % too high?
Vardhman Special Steels' current FCF Margin % is 0.00%. Based on the distribution chart, Vardhman Special Steels ranks #491 out of 617 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vardhman Special Steels has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' FCF Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #491 out of 617 companies for FCF Margin %. This places Vardhman Special Steels in the lower half of its industry. The industry median FCF Margin % is 1.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Steel company?
The median FCF Margin % among Steel companies is 1.10, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Vardhman Special Steels and its competitors. For the Steel industry, the median FCF Margin % is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Special Steels's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹224.07, compared to a current price of ₹282.90 — trading 26.3% above its estimated fair value. The current FCF Margin % is 0.00%. Vardhman Special Steels' overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Vardhman Special Steels (NSE:VSSL), the current FCF Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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 ₹282.90 is trading 26.3% above its estimated GF Value™ of ₹224.07. GuruFocus considers Vardhman Special Steels to be Modestly Overvalued.

Key valuation signals for NSE:VSSL:

  • FCF Margin %: 0.00%
  • GF Value™: ₹224.07 vs. price of ₹282.90 (26.3% above fair value)
  • GF Score™: 75/100 with 7 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

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹282.90
Price
₹224.07
GF Value