VMS TMT Ltd
Incorporated in 2013, VMS TMT Limited is primarily engaged in the manufacturing of Thermo Mechanically Treated Bars.[1]
- Market Cap ₹ 446 Cr.
- Current Price ₹ 89.9
- High / Low ₹ 105 / 89.9
- Stock P/E 30.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 24.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 91.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -29.1%
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 175 | 225 | 494 | 882 | 873 | 770 | |
| 172 | 222 | 478 | 860 | 831 | 723 | |
| Operating Profit | 3 | 3 | 16 | 22 | 41 | 47 |
| OPM % | 2% | 1% | 3% | 2% | 5% | 6% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 2 | 2 | 6 | 13 | 18 | 21 |
| Depreciation | 0 | 0 | 1 | 4 | 4 | 7 |
| Profit before tax | 1 | 1 | 9 | 6 | 19 | 19 |
| Tax % | 26% | 26% | 24% | 24% | 30% | 24% |
| 1 | 1 | 7 | 4 | 13 | 15 | |
| EPS in Rs | 0.92 | 0.76 | 6.95 | 3.33 | 10.10 | 4.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 16% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 91% |
| 3 Years: | 29% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 26% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6 | 10 | 10 | 13 | 13 | 35 |
| Reserves | 1 | 2 | 9 | 18 | 33 | 39 |
| 17 | 63 | 118 | 163 | 198 | 276 | |
| 3 | 5 | 21 | 33 | 40 | 63 | |
| Total Liabilities | 27 | 79 | 158 | 227 | 284 | 412 |
| 5 | 5 | 71 | 76 | 74 | 174 | |
| CWIP | 0 | 49 | 0 | 4 | 52 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 22 | 25 | 86 | 148 | 159 | 238 | |
| Total Assets | 27 | 79 | 158 | 227 | 284 | 412 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 2 | 4 | -31 | -11 | 37 | -18 | |
| 0 | -49 | -18 | -27 | -50 | -55 | |
| -2 | 45 | 49 | 41 | 19 | 66 | |
| Net Cash Flow | 0 | -0 | 0 | 2 | 6 | -7 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 45 | 28 | 24 | 4 | 7 | 12 |
| Inventory Days | 0 | 2 | 36 | 49 | 52 | 88 |
| Days Payable | 0 | 6 | 13 | 6 | 24 | |
| Cash Conversion Cycle | 45 | 30 | 53 | 40 | 53 | 76 |
| Working Capital Days | 5 | 13 | 15 | 13 | 3 | 7 |
| ROCE % | 5% | 14% | 11% | 17% | 14% |
Business Profile[1]
The company manufactures Thermomechanically Treated Bars in the steel industry. It also sells allied products, including billets, binding wires, scrap, and other by-products arising.