VSSL
Vardhman Special Steels Limited
Each stock's 10,000-path forecast, rendered as light.
Vardhman Special Steels Limited (VSSL) Stock Analysis & Case Study
Is VSSL a good buy? The data-driven verdict.
Vardhman Special Steels Limited (VSSL) trades at ₹329,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.
On the numbers, Vardhman Special Steels Limited (VSSL) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 34.6× earnings, ROE of 12.1%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
VSSL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How VSSL ranks against the 2,371 companies in our screener
- VSSL's market cap of 3,190 Cr ranks in the 58th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- VSSL's book value of ₹98 ranks in the 52nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- VSSL's promoter holding of 51.1% ranks in the 33rd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- VSSL's 3-year profit (PAT) growth of 21.0% ranks in the 58th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- VSSL's 3-year revenue growth of 21.0% ranks in the 75th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- VSSL's debt-to-equity ratio of 0.15x is lower than 70% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
Is VSSL overvalued? VSSL P/E vs peers
VSSL trades at 34.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
VSSL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of VSSL history (25%/yr drift, 39%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| VSSL 2027 | ₹218 | ₹360 | ₹596 | +5% |
| VSSL 2028 | ₹188 | ₹380 | ₹769 | +11% |
| VSSL 2029 | ₹167 | ₹401 | ₹959 | +17% |
| VSSL 2030 | ₹154 | ₹422 | ₹1,157 | +24% |
| VSSL 2031 | ₹146 | ₹445 | ₹1,363 | +30% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability VSSL goes up, or doubles?
The bull case for VSSL
- VSSL's return on equity of 12.1% ranks in the 60th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹959.
The bear case & risks
- VSSL's P/E of 34.6x is lower than 40% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹167.
VSSL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years VSSL compounded at 25%/year with annualized volatility of 39%. That volatility implies a 1-year 80% range of ₹218-₹596, the honest backbone behind any single price target.
VSSL price forecast, the full 60-month probability fan
VSSL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds VSSL hits common targets within the simulated horizon?
Full multi-horizon detail on the VSSL price target & forecast page.
VSSL Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. VSSL scores 6/8, mixed financial health.
VSSL MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy VSSL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| Zerodha | 50.00% | 2.0× |
| Groww | 32.67% | 3.1× |
| Dhan | 40.00% | 2.5× |
| Paytm Money | 32.67% | 3.1× |
| Pocketful | 50.00% | 2.0× |
| Fyers | 50.00% | 2.0× |
| Anand Rathi | 32.64% | 3.1× |
| Bajaj Broking | 42.00% | 2.4× |
| Share IndiaCHEAPEST | 32.29% | 3.1× |
Compare every broker on the VSSL MTF page.
About Vardhman Special Steels Limited: sector, index & market-cap context
Vardhman Special Steels Limited (VSSL) is a small-cap NSE-listed company, with a market capitalisation of ₹3,190 Cr. See more stocks on our screener.
How the VSSL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Vardhman Special Steels Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
VSSL analysis, FAQs
Is Vardhman Special Steels Limited (VSSL) a good buy?
On the numbers, Vardhman Special Steels Limited (VSSL) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 34.6× earnings, ROE of 12.1%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is VSSL overvalued or undervalued?
VSSL trades at 34.6× earnings, premium versus the ~22× long-run Nifty average.
What is the VSSL share price target for 2031?
VSSL's probability-weighted 2031 median target is ₹445, with an 80% range of ₹146-₹1,363 (10,000-path Monte-Carlo).
What is the probability VSSL doubles in 5 years?
The modelled probability of VSSL reaching ₹684 (2×) within 5 years is 31%.
What is the bull case for VSSL?
VSSL's return on equity of 12.1% ranks in the 60th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
What are the risks in VSSL?
VSSL's P/E of 34.6x is lower than 40% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.