VMS TMT
- Market cap
- ₹ 209 Cr.
- P/E
- 12.3x
- P/B
- 0.93x
- 52-week range
- 33.5 – 76.39
- ROE
- 14%
- ROCE
- 13%
- Dividend yield
- 0%
- Debt / equity
- 1.01
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
VMS TMT Ltd is an India-based company, which is engaged in manufacturing of thermo mechanically treated bars (TMT Bars) at its manufacturing facility situated at Bhayla Village, Ahmedabad, Gujarat, India. Its products include TMT Bars, Billets, Binding Wire, and Scrap and others. The Company markets and sells its TMT Bars in Gujarat under the brand Kamdhenu NXT. It also sells scrap, mill scale and binding wires in Gujarat and other states. The Company sells its TMT Bars to retail and institutional customers through a distribution network, on a non-exclusive basis, comprising three distributors and 227 dealers. TMT bars are used in building frameworks, infrastructure projects, and reinforced concrete structures. TMT bars come in various grades (like Fe-415D, Fe-500D, Fe- 550D, Fe-600D) and sizes (6mm to 50mm in diameter), catering to diverse construction requirements. It has a diverse customer base consisting of individual house builders, contractors, and governmental authorities.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →VMS TMT against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.3 against a typical 18.8: cheaper than most peers (1st = cheapest).47th of 146
- Sales growth+16.7% against a typical +13.1% from a year earlier.51st of 117
- Profit growth−47.9% against a typical +26.2% from a year earlier.91st of 105
- Share price, 3 months−1.8% against a typical −3.8%.60th of 135
- Size₹ 208.7 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).63rd of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB | Stable | 1 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 1 Apr 2026 | ▲ Upgrade | IVR BBB | — | Infomerics | ₹ 273.93 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Sales | 215 | 212 | 183 | 202 | 241 | 248 |
| Expenses | 203 | 193 | 171 | 185 | 229 | 236 |
| Operating Profit | 12 | 19 | 12 | 17 | 12 | 12 |
| OPM % | 5.5% | 9.2% | 6.6% | 8.5% | 4.9% | 4.9% |
| Other Income | 1 | 1 | 0 | 0 | 0 | 0 |
| Interest | 6 | 7 | 7 | 5 | 6 | 4 |
| Depreciation | 2 | 2 | 3 | 3 | 2 | 3 |
| Profit before tax | 5 | 11 | 3 | 10 | 3 | 6 |
| Tax % | 25.4% | 25.4% | 24.8% | 17% | 28.1% | 21.3% |
| Net Profit | 4 | 9 | 2 | 8 | 2 | 4 |
| EPS in Rs | 1.05 | 2.48 | 0.43 | 1.62 | 0.46 | 0.9 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 30%
- 3 Years
- −2%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- 95%
- 3 Years
- 71%
- TTM
- 43%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- 20%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| VMS TMT | ₹ 42.55 | ₹ 209 Cr. | 12.3x | 0.9x | 14% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Vikram Babubhai Patel
- Chief Financial Officer
- Shikha Ranjan
- Compliance Officer, Company Secretary
- Rishabh Sunil Singhi
- Whole-Time Director (Promoter)
- Varun Manojkumar Jain
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.