Vardhman Special Steels Share Price Target 2026, 2027, 2030, 2040, 2050
Vardhman Special Steels is a well-known Indian company that makes good-quality alloy steel products such as hot-rolled bars, billets, and bright bars. The company mainly supplies steel to industries like automobiles, engineering, and tractors, and works with big companies such as Toyota Motor Corporation, Hero MotoCorp, and Robert Bosch GmbH. It has a large steel plant where it produces a big amount of steel every year and makes different types of carbon and alloy steel used to produce parts like engines, gears.
What is Vardhman Special Steels Ltd NSE: VSSL?
Vardhman Special Steels was established in 1973 and is situated in Ludhiana, Punjab, India, and the company is led by Sachit Jain, who is the Chairman and Managing Director. It is an Indian company that makes special types of steel used in industries like automobiles, engineering, tractors, and railways. The company mainly produces steel bars, rods, billets, and bright bars, which are used to make many machine parts and vehicle components. Over time, the company has grown and become a well-known steel manufacturer in India and also in some other countries.
It is an Indian steel manufacturing company. The company is part of the well-known Vardhman Group and primarily produces special and alloy steel for many industries. Over time, the company has grown from a small steel business into a modern company with better machines and skilled workers. It focuses on making strong and dependable steel products that industries can use easily. In 2026, its share price target would be ₹463, as per stock market analysts.
According to stock market analysts, its share price would be between ₹176 to ₹463 in 2026.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 176 | 463 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 243 | 289 |
| फ़रवरी | 240 | 266 |
| मार्च | 192 | 271 |
| अप्रैल | 176 | 300 |
| मई | 200 | 322 |
| जून | 225 | 357 |
| जुलाई | 245 | 384 |
| अगस्त | 274 | 390 |
| सितंबर | 300 | 412 |
| अक्टूबर | 311 | 425 |
| नवंबर | 354 | 442 |
| दिसम्बर | 374 | 463 |
The company started its steel business to supply good-quality steel to different industries in India. With time, it started using better machines, trained workers, and improved ways of making steel. Because of these improvements, the company slowly became a trusted name in the steel industry. Today, many companies know it for its quality products and stable performance. In 2027, its share price target would be ₹740, as per stock market analysts.
According to stock market analysts, its share price would be between ₹425 to ₹740 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 425 | 740 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 425 | 522 |
| फ़रवरी | 444 | 557 |
| मार्च | 474 | 578 |
| अप्रैल | 490 | 590 |
| मई | 505 | 611 |
| जून | 523 | 635 |
| जुलाई | 550 | 665 |
| अगस्त | 574 | 685 |
| सितंबर | 589 | 700 |
| अक्टूबर | 611 | 721 |
| नवंबर | 632 | 727 |
| दिसम्बर | 650 | 740 |
It mainly makes different types of steel products that are used in the manufacturing and engineering industries. Some of its main products include hot-rolled bars, billets, steel rods, and bright bars made from special and alloy steel. These products are used to make important machine parts and vehicle components. The company focuses on producing steel that is strong, long-lasting, and suitable for heavy work. In 2028, its share price target would be ₹980, as per stock market analysts.
According to stock market analysts, its share price would be between ₹710 to ₹980 in 2028.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 710 | 980 |
The automobile industry is one of the main sectors served by Vardhman Special Steels. Many vehicle companies use the company’s steel to make parts such as gears, shafts, axles, and engine parts. These parts must be strong and durable, which is why special steel is needed. The company has built a good reputation by supplying steel that meets the quality standards of automobile companies. In 2029, its share price target would be ₹1212, as per stock market analysts.
According to stock market analysts, its share price would be between ₹950 to ₹1212 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 950 | 1212 |
It runs a large and modern manufacturing plant where steel is produced and processed. The plant has advanced machines and systems that help the company produce steel efficiently and maintain good quality. The integrated plant setup allows many stages of steel production to happen in one place. This helps the company manage production smoothly and deliver products to customers on time. In 2030, its share price target would be ₹1550, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1170 to ₹1550 in 2030.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 1170 | 1550 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1170 | 1290 |
| फ़रवरी | 1190 | 1332 |
| मार्च | 1211 | 1350 |
| अप्रैल | 1235 | 1378 |
| मई | 1274 | 1399 |
| जून | 1290 | 1412 |
| जुलाई | 1311 | 1432 |
| अगस्त | 1332 | 1458 |
| सितंबर | 1366 | 1485 |
| अक्टूबर | 1374 | 1499 |
| नवंबर | 1390 | 1525 |
| दिसम्बर | 1411 | 1550 |
It produces different types of steel grades to meet the needs of many industries. These include carbon steel, case hardening steel, through hardening steel, and other special alloy steels. Each type of steel is made for specific uses in machines, vehicles, and engineering equipment. By offering many types of steel, the company can serve customers with different needs. In 2040, its share price target would be ₹4321, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3816 to ₹4321 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 3816 | 4321 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 3816 | 3985 |
| फ़रवरी | 3852 | 4035 |
| मार्च | 3878 | 4067 |
| अप्रैल | 3890 | 4090 |
| मई | 3936 | 4142 |
| जून | 3968 | 4168 |
| जुलाई | 3990 | 4185 |
| अगस्त | 4023 | 4211 |
| सितंबर | 4065 | 4235 |
| अक्टूबर | 4088 | 4268 |
| नवंबर | 4114 | 4277 |
| दिसम्बर | 4135 | 4321 |
The company uses modern technology to improve its production process and work efficiency. One important method it uses is producing steel from recycled scrap using the electric arc furnace process. This method helps increase production and also helps protect the environment. The company continues to improve its systems and use new technologies that help improve product quality and reduce waste. In 2050, its share price target would be ₹8365, as per stock market analysts.
According to stock market analysts, its share price would be between ₹7872 to ₹8365 in 2050.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 7872 | 8365 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 7872 | 8055 |
| फ़रवरी | 7900 | 8074 |
| मार्च | 7936 | 8115 |
| अप्रैल | 7950 | 8135 |
| मई | 7974 | 8168 |
| जून | 7990 | 8190 |
| जुलाई | 8011 | 8211 |
| अगस्त | 8035 | 8236 |
| सितंबर | 8068 | 8268 |
| अक्टूबर | 8055 | 8290 |
| नवंबर | 8078 | 8336 |
| दिसम्बर | 8115 | 8365 |
Should I buy Vardhman Special Steels stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 176 | 463 |
| 2027 | 425 | 740 |
| 2028 | 710 | 980 |
| 2029 | 950 | 1212 |
| 2030 | 1170 | 1550 |
| 2040 | 3816 | 4321 |
| 2050 | 7872 | 8365 |
It can be a good stock to buy for long-term investment. The company has a stable business and sells special steel to industries like automobiles and engineering. It is earning profits and running its business in a steady way, which is a good sign for investors who want to invest for many years. In simple words, if you can wait for the long term, you can invest in this stock at your own risk.
Vardhman Special Steels earnings results
| मार्च 2020 | मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | मार्च 2025 | टीटीएम | |
| बिक्री + | 846 | 937 | 1,368 | 1,735 | 1,661 | 1,764 | 1,725 |
| व्यय + | 806 | 830 | 1,195 | 1,594 | 1,519 | 1,616 | 1,573 |
| परिचालन लाभ | 40 | 107 | 174 | 141 | 142 | 148 | 152 |
| OPM % | 5% | 11% | 13% | 8% | 9% | 8% | 9% |
| अन्य आय + | 9 | 9 | 29 | 39 | 30 | 29 | 39 |
| ब्याज | 26 | 20 | 17 | 18 | 18 | 19 | 13 |
| व्याख्या | 26 | 30 | 27 | 28 | 31 | 33 | 33 |
| कर से पहले लाभ | -2 | 66 | 158 | 134 | 123 | 125 | 145 |
| कर | -244% | 33% | 36% | 25% | 25% | 26% | |
| नेट प्रॉफिट + | 3 | 44 | 101 | 100 | 92 | 93 | 108 |
| रुपये में ईपीएस | 0.41 | 5.46 | 12.42 | 12.36 | 11.25 | 11.39 | 11.90 |
| लाभांश भुगतान % | 0% | 14% | 14% | 8% | 18% | 26% |
कुंजी मीट्रिक
| TTM PE Ratio | PB अनुपात | लाभांश प्राप्ति | सेक्टर PE | सेक्टर PB | सेक्टर Div Yld |
| 22.91 | 2.67 | 1.15% | 26.54 | 3.02 | 1.70% |
Peers & तुलना
| स्टॉक | पीई अनुपात | PB अनुपात | लाभांश प्राप्ति |
| Vardhman Special Steels Ltd | 22.91 | 2.67 | 1.15% |
| JSW स्टील लिमिटेड | 77.35 | 3.32 | 0.32% |
| टाटा स्टील लिमिटेड | 68.31 | 2.56 | 1.92% |
| Jindal Steel Ltd | 40.02 | 2.37 | 0.18% |
Is Vardhman Special Steels stock good to buy? (bull case & bear case)

बुल केस:
- In FY2023–24, the company earned about ₹1,600+ crore revenue, which shows the company has a stable business and good sales.
- The company made around ₹100+ crore net profit, which means the company is earning money from its business.
- It has a steel melting capacity of about 250,000 metric tons per year, so it can produce a large amount of steel every year.
- The company supplies special steel to major automobile and engineering companies, which helps it get regular orders and steady demand.
- The business has been running since 1973, which shows the company has long experience in the steel industry.
भालू का मामला:
- Profit margins are around 6–8%, which means the company keeps only a small part of its sales as profit.
- The company depends a lot on the automobile industry, so if vehicle sales slow down, the company’s business may also slow down.
- Steel companies are affected by changes in raw material prices, which can sometimes reduce profits.
निष्कर्ष
It is a well-known steel company; it supplies steel to industries like automobiles, engineering, and tractors, which helps it get regular orders. Over the years, the company has grown by using better machines, modern technology, and skilled workers. Its financial results show steady sales and profits for many years, which means the business is stable. So, the company looks stable and can be a good choice for long-term investment.

