Vardhman Special Steels Limited — Investor Meet, 29-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Vardhman Special Steels' Q1 FY27 saw sales volumes up 6.5% to 59,000 tons, with revenue at INR486 Cr. EBITDA was INR68 Cr, and PAT at INR41 Cr. Management is tackling strong demand, awaiting environmental approval to expand existing capacity to 360k tons. New NDT/peeling lines will remove bottlenecks. The greenfield steel plant, now larger & more efficient, remains on track for FY29-30. EBITDA/ton guidance improves to INR8,000-12,000 for FY28. Strategic diversification into higher-margin non-automotive steels and forging is a key growth driver, showing confident outlook.