Vardhman Special Steels Financials - Balance Sheet, Income Statment, Cash Flow

Quarterly Statement	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Revenue	448	420	504	434	435
Expenses	391	372	456	392	397
Operating Profit	49	42	39	35	31
Operating Profit Margin %	11%	10%	8%	8%	7%
Other Income	9	6	9	7	7
EBITDA	58	48	49	42	39
Interest	5	5	5	5	4
Depreciation	9	8	8	9	8
Profit Before Tax	44	35	35	29	27
Tax %	25%	26%	26%	25%	27%
Net Profit	33	26	26	22	20
EPS	4	3	3	3	2

Yearly Balance Sheet	Mar 2024	Mar 2025
Share Capital	82	82
Reserve & Surplus	638	716
Minority Interest	0	0
Non Current Liabilities	37	25
Current Liabilities	283	313
Total Liabilities	1,040	1,136
Fixed Assets	325	309
Capital Work in Progress	1	117
Investments	0	18
Other Assets	714	693
Total Assets	1,040	1,136

Yearly Cash Flow	Mar 2024	Mar 2025
Operating Activities	142	127
Investing Activities	-50	-127
Financing Activities	-94	3
Net Cash Flow	-2	3

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2024-25	1,754	6.05%	126	1.59%
FY 2023-24	1,794	-4.65%	93	-8.78%
FY 2022-23	1,691	26.94%	92	-0.3%
FY 2021-22	1,774	47.08%	100	127.97%
FY 2020-21	1,397	11.04%	101	1223.24%

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We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.

Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.

That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.

We are doing so by giving you access to not just one but 6 products within the Dhan ecosystem:

Dhan App: The only online trading app you need for buying and selling equity, futures, options, commodity, and currency.
Dhan Web: Trade on the big screen across segments with our web trading platform.
Options Trader App: A dedicated option trading app built for India's F&O traders.
Options Trader Web: Love big screens and F&O trading? Use our web option trading platform.
Dhan + TradingView: The magic of Tradingview charts for free with the Lightning-Fast experience of Dhan on tv.dhan.co.
Connect to TradingView: Our Tradingview broker integration allows you to trade in Stocks, Futures, and Commodities directly from tradingview.com via Dhan.

This means that with Dhan, you'll be able to start:

Lakhs of users already trust Dhan for their online stock trading and investing needs. Dhan is growing rapidly because of the love we receive from SuperTraders and Long-Term Investors who acknowledge that the platform is innovating for them, building super useful features that help them do everything from investing in stock market to trading F&O like a pro on the Tradingview charts and much more.

While we are growing, we will always remember why we started building in the first place - you. Our user-first approach will always be at the heart of our philosophy. Come join us on this incredible journey!

Try it out, you can close your account at anytime using this link.

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Attention investors:

Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
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Vardhman Special Steels

VSSL Financials

Income Statement

Balance Sheet

Cash Flow

VSSL Revenue Growth