VARDHMAN SPECIAL STEELS LTD. - 534392 - Update On Investment In Sone Solar Private Limited
Please find enclosed herewith intimation regarding Investment in Sone Solar Private Limited.21-05-2024
21-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed herewith Transcript of Earnings Conference Call of the Company held on 02.05.2024.06-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Demat Report For The Month Ended April, 2024.
Please find enclosed herewith Demat Report for the month ended April, 2024.06-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement under Regulation 30 (LODR)-Cessation
Please find enclosed herewith Intimation regarding Cessation of Mr. Raghav Chandra (DIN: 00057760) as an Independent Director of the Company.03-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Vardhman Special Steels Ltd.
Iron & Steel products company Vardhman Special Steels announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: The volumes for the quarter stood at 52,118 tonnes as against 50,511 tonnes in Q4FY23 – YoY increase of 3.18%. Revenue from Operations stood at Rs 439.41 crore in Q4FY24, as against Rs 422.04 crore in Q4FY23, increase of 4.12% YoY. EBITDA (including other income) for the quarter was Rs 57.54 crore as against Rs 29.67 crore in Q4FY23, increase of 93.93% mainly due to increase in higher sales volume by 3.12% resulting in higher revenue by 4.12%. EBITDA per Ton for the quarter was Rs 11,041. Q4FY24 PAT stood at Rs 32.79 crore as against PAT of Rs 13.68 crore in Q4FY23, increase of 139.69%. EPS for the quarter stood at Rs 4.02 vs Rs 1.66 in Q4FY23. FY24 Financial Highlights: The volumes stood at 1,95,024 tonnes as against 2,00,095 tonnes in FY23 – YoY decrease of 2.53% mainly due to two shutdowns for about 15 days each taken in Rolling Mill during the year. Revenue from Operations stood at Rs 1,661.36 crore in FY24, as against Rs 1,734.99 crore in FY23, a decrease of 4.24% YoY, mainly on account of lower sales volumes coupled with decline in prices. EBITDA (including other income) for FY24 was Rs 172.26 crore as against Rs 180.08 crore in FY23, a decrease of 4.34% mainly due to decrease in revenue. EBITDA per Ton for FY24 was Rs 8,833. FY24 PAT stood at Rs 91.63 crore as against PAT of Rs 100.45 crore in FY23, decrease of 8.78%. EPS for FY24 stood at Rs 11.26 vs Rs 12.35 in FY23. The Board has recommended a dividend of Rs 2 per share on fully paid-up equity shares, subject to approval in the Annual General Meeting Commenting on the result, Sachit Jain, Vice Chairman & Managing Director, Vardhman Special Steels Ltd. said, “During the current quarter, we achieved total revenue of Rs 439.41 crore with EBIDTA of Rs 57.54 crore and PAT of Rs 32.79 crore. In this quarter, our EBIDTA per ton was Rs 11,041. The results are in line with our last communication that Q4 performance will be better than Q3 and that of 2nd half performance will be better than 1st half performance. This performance has helped us to partially recover the drop-in profits in the first half making the full year profitability close to previous year. This quarter is significant for the fact that we could test our stated production capacity of 2,60,000 TPA of Billet production. We are now striving to take this capacity of Billet Production to 2,85,000 TPA by FY26." Result PDF02-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - LINK FOR AUDIO RECORDING OF EARNINGS CONFERENCE CALL OF VARDHMAN SPECIAL STEELS LIMITED - Q4 & FY24 FINANCIAL RESULTS
Please find enclosed herewith link of Audio recording of Earnings Conference Call held on 02.05.2024.02-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith Copy of Newspaper Publication of the Company for the quarter and year ended 31.03.2024.02-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith a copy of Investor Presentation.01-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith Media Release for Q4 & FY 24 results.01-05-2024
VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement Under Regulation 30 (LODR) - Approval Of Capex.
The Board of Directors in its meeting held today had approved capex.01-05-2024