VMS TMT Ltd
Incorporated in 2013, VMS TMT Limited is primarily engaged in the manufacturing of Thermo Mechanically Treated Bars.[1]
- Market Cap ₹ 228 Cr.
- Current Price ₹ 46.0
- High / Low ₹ 105 / 33.5
- Stock P/E 10.9
- Book Value ₹ 46.0
- Dividend Yield 0.00 %
- ROCE 13.0 %
- ROE 14.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.00 times its book value
- Company has delivered good profit growth of 94.8% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 175 | 225 | 494 | 882 | 873 | 770 | 839 | |
| 172 | 222 | 478 | 860 | 831 | 723 | 778 | |
| Operating Profit | 3 | 3 | 16 | 22 | 41 | 47 | 61 |
| OPM % | 2% | 1% | 3% | 2% | 5% | 6% | 7% |
| 0 | 0 | 0 | 0 | 0 | 1 | 2 | |
| Interest | 2 | 2 | 6 | 13 | 18 | 21 | 25 |
| Depreciation | 0 | 0 | 1 | 4 | 4 | 7 | 10 |
| Profit before tax | 1 | 1 | 9 | 6 | 19 | 19 | 27 |
| Tax % | 26% | 26% | 24% | 24% | 30% | 24% | 23% |
| 1 | 1 | 7 | 4 | 13 | 15 | 21 | |
| EPS in Rs | 0.92 | 0.76 | 6.95 | 3.33 | 10.10 | 4.26 | 4.24 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | -2% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 95% |
| 3 Years: | 71% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 10 | 10 | 13 | 13 | 35 | 50 |
| Reserves | 1 | 2 | 9 | 18 | 33 | 39 | 178 |
| 17 | 63 | 118 | 163 | 198 | 276 | 231 | |
| 3 | 5 | 21 | 33 | 40 | 63 | 60 | |
| Total Liabilities | 27 | 79 | 158 | 227 | 284 | 412 | 519 |
| 5 | 5 | 71 | 76 | 74 | 174 | 178 | |
| CWIP | 0 | 49 | 0 | 4 | 52 | 0 | 43 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 22 | 25 | 86 | 148 | 159 | 238 | 298 | |
| Total Assets | 27 | 79 | 158 | 227 | 284 | 412 | 519 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 2 | 4 | -31 | -11 | 37 | -18 | -10 | |
| 0 | -49 | -18 | -27 | -50 | -55 | -47 | |
| -2 | 45 | 49 | 41 | 19 | 66 | 57 | |
| Net Cash Flow | 0 | -0 | 0 | 2 | 6 | -7 | 0 |
| Free Cash Flow | 2 | -46 | -49 | -23 | -13 | -74 | -65 |
| CFO/OP | 83% | 150% | -191% | -52% | 90% | -29% | -14% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 28 | 24 | 4 | 7 | 12 | 15 |
| Inventory Days | 0 | 2 | 36 | 49 | 52 | 88 | 138 |
| Days Payable | 0 | 6 | 13 | 6 | 24 | 14 | |
| Cash Conversion Cycle | 45 | 30 | 53 | 40 | 53 | 76 | 139 |
| Working Capital Days | 5 | 13 | 15 | 13 | 3 | 7 | 26 |
| ROCE % | 5% | 14% | 11% | 17% | 14% | 13% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Installed Capacity - TMT Bars MTPA |
|
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| Capacity Utilization - TMT Bars % |
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| Production Volume - TMT Bars MT |
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| Sales Volume - TMT Bars MT |
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| Capacity Utilization - Billets (CCM) % |
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| Installed Capacity - Billets (CCM) MTPA |
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| Operating Cycle Days |
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| Production Volume - Billets (CCM) MT |
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Extracted by Screener AI
Documents
Announcements
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Intimation Of Schedule Of Investor Conference Call/Meet
2 Jun - VMS TMT invites investors to Q4 FY26 earnings call on 8 June 2026 at 4:00 PM IST.
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Submission Of Earnings Release Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
2 Jun - VMS TMT reported Q4 FY26 income ₹24,135.49 lakh and FY26 net profit ₹2,103.36 lakh; commissioned billet CCM plant.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Audited Result for 4th Quarter and Financial year ended on 31.03.2026 Published in The Indian Express and Financail Express on 30.05.2026
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Board Meeting Outcome for Out Come Of Board Meeting For Approval Of Financial Results For Quarter 4 And Year Ended On 31.03.2026
29 May - Board approved FY26 audited standalone results on 29 May 2026; auditors gave unmodified opinion.
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Results For 4Th Quarter Ended On 31.03.2026 With Audited Financial Results For Year Ended On 31.03.2026
29 May - Board approved audited standalone FY26 results on 29 May 2026; auditors issued unmodified opinion.
Concalls
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Feb 2026TranscriptAI SummaryPPT
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.