Vardhman Special Steels (NSE:VSSL) 3-Year RORE % : 6.40% (As of Mar. 2026)


NSE:VSSL Vardhman Special Steels Ltd NSE:VSSL
75 GF Score
Price ₹279.50
GF Value ₹223.94
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Vardhman Special Steels 3-Year RORE %?

Vardhman Special Steels NSE:VSSL +0.23% 75 3-Year RORE % is 6.40 as of Mar. 2026. GuruFocus rates NSE:VSSL with a GF Score™ of 75/100 and a GF Value™ of ₹223.94 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 600 Steel companies, Vardhman Special Steels ranks better than 56% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Vardhman Special Steels's 3-Year RORE % for the quarter that ended in Mar. 2026 was 6.40%.

The industry rank for Vardhman Special Steels's 3-Year RORE % or its related term are showing as below:

NSE:VSSL's 3-Year RORE % is ranked better than
56% of 600 companies
in the Steel industry
Industry Median: -0.39 vs NSE:VSSL: 6.40

Vardhman Special Steels  (NSE:VSSL) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Vardhman Special Steels 3-Year RORE % Related Terms


Vardhman Special Steels 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's 3-Year RORE % 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 3-Year RORE % Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.14 24.75 -3.74 -3.23 6.40

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
3-Year RORE % 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 -3.23 -0.90 5.08 11.38 6.40

NSE:VSSL vs NUE, STLD, RS: 3-Year RORE % Comparison

For the Steel subindustry, Vardhman Special Steels's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's 3-Year RORE % falls into.


NSE:VSSL
75GF Score
Vardhman Special Steels Ltd NSE:VSSL
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Special Steels 3-Year RORE % Calculation

Vardhman Special Steels's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 13.01-11.182 )/( 35.552-7 )
=1.828/28.552
=6.40 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 6.40 mean?
Vardhman Special Steels (NSE:VSSL) has a 3-Year RORE % of 6.40 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Vardhman Special Steels and its competitors. According to the industry distribution chart, Vardhman Special Steels ranks #264 out of 600 companies in the Steel industry, placing it in the top 44%.
Is Vardhman Special Steels' 3-Year RORE % too high?
Vardhman Special Steels' current 3-Year RORE % is 6.40. Based on the distribution chart, Vardhman Special Steels ranks #264 out of 600 companies in the Steel industry, which is above the industry midpoint. 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' 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #264 out of 600 companies for 3-Year RORE %. This puts Vardhman Special Steels in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
A good 3-Year RORE % depends on the Steel industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Vardhman Special Steels and its competitors. Vardhman Special Steels's current 3-Year RORE % is 6.40. 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 ₹223.94, compared to a current price of ₹279.50 — trading 24.8% above its estimated fair value. The current 3-Year RORE % is 6.40. 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 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Vardhman Special Steels (NSE:VSSL), the current 3-Year RORE % is 6.40 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 ₹279.50 is trading 24.8% above its estimated GF Value™ of ₹223.94. GuruFocus considers Vardhman Special Steels to be Modestly Overvalued.

Key valuation signals for NSE:VSSL:

  • 3-Year RORE %: 6.40
  • GF Value™: ₹223.94 vs. price of ₹279.50 (24.8% 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

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

₹279.50
Price
₹223.94
GF Value