Vardhman Special Steels (NSE:VSSL) Pre-Tax Income: ₹1,927 Mil (TTM As of Jun. 2026)

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NSE:VSSL Vardhman Special Steels Ltd NSE:VSSL
76 GF Score
Price ₹353.35
GF Value ₹229.37
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Vardhman Special Steels Pre-Tax Income?

Vardhman Special Steels NSE:VSSL +8.01% 76 Pre-Tax Income is ₹1,927 Mil as of Jun. 2026. GuruFocus rates NSE:VSSL with a GF Score™ of 76/100 and a GF Value™ of ₹229.37 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Vardhman Special Steels's pretax income for the three months ended in Jun. 2026 was ₹554 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,927 Mil. Vardhman Special Steels's pretax margin was 11.40%.

During the past 13 years, Vardhman Special Steels's highest Pretax Margin was 11.69%. The lowest was -0.28%. And the median was 7.12%.


Vardhman Special Steels  (NSE:VSSL) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=554.007/4860.07
=11.40%

During the past 13 years, Vardhman Special Steels's highest Pretax Margin was 11.69%. The lowest was -0.28%. And the median was 7.12%.

* 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 Pre-Tax Income Related Terms


Vardhman Special Steels Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's Pre-Tax Income 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 Pre-Tax Income Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,583.36 1,343.06 1,228.58 1,250.61 1,640.49

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
Pre-Tax Income 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 267.68 465.02 447.91 459.88 554.01

NSE:VSSL vs NUE, STLD, RS: Pre-Tax Income Comparison

For the Steel subindustry, Vardhman Special Steels's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's Pre-Tax Income falls into.


NSE:VSSL
76GF Score
Vardhman Special Steels Ltd NSE:VSSL
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Special Steels Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1336.092+0+-119.058+0+423.46
=1,640

Vardhman Special Steels's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=488.586+0+-33.15+0+98.571
=554

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,927 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of ₹1,927 Mil mean?
Vardhman Special Steels (NSE:VSSL) has a Pre-Tax Income of ₹1,927 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Vardhman Special Steels and its competitors.
Is Vardhman Special Steels' Pre-Tax Income too high?
Vardhman Special Steels' current Pre-Tax Income is ₹1,927 Mil. Overall, Vardhman Special Steels has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' Pre-Tax Income compare to NUE and STLD?
Vardhman Special Steels' Pre-Tax Income of ₹1,927 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 Pre-Tax Income for a Steel company?
A good Pre-Tax Income depends on the Steel industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Vardhman Special Steels and its competitors. Vardhman Special Steels's current Pre-Tax Income is ₹1,927 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 Significantly Overvalued. The stock's GF Value™ is ₹229.37, compared to a current price of ₹353.35 — trading 54.1% above its estimated fair value. The current Pre-Tax Income is ₹1,927 Mil. Vardhman Special Steels' overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Vardhman Special Steels (NSE:VSSL), the current Pre-Tax Income is ₹1,927 Mil as of Jun. 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 ₹353.35 is trading 54.1% above its estimated GF Value™ of ₹229.37. GuruFocus considers Vardhman Special Steels to be Significantly Overvalued.

Key valuation signals for NSE:VSSL:

  • Pre-Tax Income: ₹1,927 Mil
  • GF Value™: ₹229.37 vs. price of ₹353.35 (54.1% above fair value)
  • GF Score™: 76/100 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.
76GF Score

Get the complete analysis for NSE:VSSL

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

₹353.35
Price
₹229.37
GF Value