VMS Industries Ltd
Incorporated in 1991, VMS Industries
Ltd is in the business of ship breaking
and trading of Ferrous and Non-Ferrous
metals[1]
- Market Cap ₹ 85.3 Cr.
- Current Price ₹ 34.8
- High / Low ₹ 75.0 / 22.1
- Stock P/E 36.0
- Book Value ₹ 23.0
- Dividend Yield 1.44 %
- ROCE 6.11 %
- ROE 4.20 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Debtor days have improved from 55.9 to 32.1 days.
Cons
- Promoter holding is low: 38.1%
- Company has a low return on equity of 3.19% over last 3 years.
- Promoters have pledged 53.0% of their holding.
- Earnings include an other income of Rs.2.33 Cr.
- Promoter holding has decreased over last 3 years: -18.5%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Ship Building Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
---|---|---|---|---|---|---|---|---|
123 | 111 | 79 | 97 | 115 | 135 | 309 | 263 | |
123 | 111 | 79 | 98 | 116 | 133 | 306 | 259 | |
Operating Profit | -1 | 0 | -0 | -1 | -1 | 2 | 3 | 4 |
OPM % | -1% | 0% | -0% | -1% | -1% | 1% | 1% | 2% |
4 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | |
Interest | 1 | 2 | 2 | 1 | 1 | 3 | 2 | 3 |
Depreciation | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 2 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
Tax % | 18% | 31% | 37% | 32% | 42% | 33% | 28% | |
2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | |
EPS in Rs | 0.64 | 0.42 | 0.22 | 0.39 | 0.41 | 0.68 | 0.92 | 0.96 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 47% |
TTM: | 46% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 34% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 47% |
3 Years: | 37% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 34 | 35 | 35 | 36 | 36 | 37 | 39 | 40 |
36 | 61 | 4 | 11 | 6 | 19 | 27 | 14 | |
5 | 2 | 6 | 29 | 78 | 49 | 81 | 72 | |
Total Liabilities | 91 | 113 | 61 | 92 | 136 | 122 | 163 | 142 |
10 | 9 | 8 | 8 | 8 | 12 | 11 | 6 | |
CWIP | 0 | 2 | 3 | 4 | 4 | 0 | 0 | 0 |
Investments | 4 | 3 | 4 | 4 | 5 | 10 | 3 | 9 |
77 | 100 | 46 | 75 | 119 | 99 | 149 | 128 | |
Total Assets | 91 | 113 | 61 | 92 | 136 | 122 | 163 | 142 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|
35 | -5 | 28 | -19 | -19 | |||
-2 | -3 | 3 | -1 | 9 | |||
-56 | 5 | -6 | 11 | 7 | |||
Net Cash Flow | -24 | -2 | 24 | -10 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|
Debtor Days | 27 | 33 | 18 | 65 | 64 | 71 | 32 |
Inventory Days | 56 | 99 | 3 | 66 | 94 | 79 | 119 |
Days Payable | 1 | 1 | 0 | 102 | 260 | 135 | 94 |
Cash Conversion Cycle | 82 | 131 | 20 | 29 | -101 | 15 | 57 |
Working Capital Days | 142 | 204 | 129 | 87 | 17 | 69 | 58 |
ROCE % | 3% | 3% | 4% | 5% | 8% | 6% |
Documents
Announcements
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Publication Of Results For 4Th Quarter Ended On 31.03.2025 In English And Gujarat News Paper
23 May - Newspaper publication of Q4 FY25 results approved on May 22, 2025.
- Results For 4Th Quarterd Ended On 31.03.2025 With Annual Result For FY 2024-25 With Independent Auditor''s Report On FY 2024-25 22 May
-
Board Meeting Outcome for Out Comes Of Board Meeting Held On 22Nd May 2025 For Approval Of Audited Financial Results For 4Th Quarter And FY 2024-25
22 May - Audited FY25 financial results with profit of Rs 680.45L, segment performance, and right issue details.
-
Board Meeting Intimation for Meeting Of Board Of Director Will Be Held On 22Nd May 2025 For Approval Of Audit Results
14 May - Board meeting on May 22, 2025 to approve FY 2024-25 audited financial results and reports.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Certificate under Regulation 74(5) for Q1 2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2][3]
VIL is a flagship company of VMS group. It used to provide consulting and information technology services for land revenue records, ration cards and ration shops for Bhavnagar Municipal Corporation and provide gas supply to the ship recycling units at Alang, Gujarat. Currently, company is engaged in ship breaking /recycling activity at Alang, Gujarat, which is the leading centre for ship breaking and recycling in Asia. VIL was allotted berth numbers 159 and 160, which
was later on merged as 160M to handle a peak level of 70,000 LDT (Light Displacement Tonnage). The company has 37 ships for its ship recycling activities. Apart from this, the company is also engaged in trading of Ferrous and Non-Ferrous metals.