Vardhman Special Steels (NSE:VSSL) Total Inventories: ₹3,502 Mil (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
View Full Analysis

What is Vardhman Special Steels Total Inventories?

Vardhman Special Steels NSE:VSSL -0.58% 75 Total Inventories is ₹3,502 Mil 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.

Vardhman Special Steels's total inventories for the quarter that ended in Mar. 2026 was ₹3,502 Mil. Vardhman Special Steels's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹1,751 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vardhman Special Steels's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹29.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vardhman Special Steels's Days Inventory for the three months ended in Mar. 2026 was 59.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vardhman Special Steels's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.54.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Vardhman Special Steels's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.38.


Vardhman Special Steels  (NSE:VSSL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Vardhman Special Steels's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2530.837+0.75 * 2778.435+0.5 * 3502.413-3557.958
-0-0)/96.686
=29.04

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Vardhman Special Steels's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=1751.2065/2698.326*365 / 4
=59.22

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=2698.326 / 1751.2065
=1.54

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Vardhman Special Steels's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1751.2065 / 4579.154
=0.38

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Vardhman Special Steels Total Inventories Related Terms


Vardhman Special Steels Total Inventories Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's Total Inventories 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 Total Inventories Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,043.22 3,626.80 3,561.72 3,349.74 3,502.41

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
Total Inventories 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 3,349.74 0.00 3,462.64 0.00 3,502.41
NSE:VSSL
75GF Score
Vardhman Special Steels Ltd NSE:VSSL
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Special Steels Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹3,502 Mil mean?
Vardhman Special Steels (NSE:VSSL) has a Total Inventories of ₹3,502 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Vardhman Special Steels and its competitors.
Is Vardhman Special Steels' Total Inventories too high?
Vardhman Special Steels' current Total Inventories is ₹3,502 Mil. 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' Total Inventories compare to NUE and STLD?
Vardhman Special Steels' Total Inventories of ₹3,502 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Steel company?
A good Total Inventories depends on the Steel industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Vardhman Special Steels and its competitors. Vardhman Special Steels's current Total Inventories is ₹3,502 Mil. 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 Total Inventories is ₹3,502 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Vardhman Special Steels (NSE:VSSL), the current Total Inventories is ₹3,502 Mil 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:

  • Total Inventories: ₹3,502 Mil
  • 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

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

₹282.90
Price
₹224.07
GF Value