VMS Industries Ltd (VMS)

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VMS Industries Ltd (VMS) · mywealthgrid

About

VMS Industries Ltd operates in Port & Port services within the Industrials sector.

Face value: ₹10

Market cap

₹45 Cr

P/E

42.4×

P/B

0.5×

Dividend yield

ROE

ROCE

6.1%

Debt / equity

0.3

OPM

-0.2%

EPS (TTM)

₹0.4

Book value

₹39.7

52-week high

—

52-week low

—

1,915 historical price candles were omitted because the exchange source has not been verified.

₹18.3+6.6%1Y

Quick read

rule-based

Pros

+Profit CAGR of 22.5% over the last 5 years

Cons

−Low return on equity of 7.3% (3-yr avg)
−Modest revenue growth of 0.5% a year over the last 5 years
−Weak interest coverage of 1.5×

Research score

Structured signal from quality, growth, valuation and momentum.

38/100

Business quality: 18
Growth: 58
Valuation: 37

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	106	117	118	176	153	158	140	266	289	157
COGS	—	-104	-108	-165	146	154	136	249	270	151
Gross profit	—	—	—	—	7	4	4	18	18	6
	103	219	225	343	7	6	5	12	10	7
	3	2	1	-1	0	-2	-0	6	8	-0
OPM %	3.1%	2%	1.2%	-0.5%	0.3%	-1.1%	-0.3%	2.3%	2.7%	-0.2%
Depreciation	—	0	0	0	0	0	0	0	1	1
Interest	1	1	2	3	3	2	2	2	3	4
	—	—	3	6	4	6	5	4	5	7
Profit before tax	1	2	2	1	1	1	3	8	9	4
Tax	0	1	1	0	0	0	0	2	2	1
Tax %	32.1%	43%	33.3%	8.3%	26.9%	27%	16.4%	25.2%	25.4%	18.4%
	1	1	1	1	1	1	3	6	7	3
PAT margin %	0.8%	0.9%	1.2%	0.7%	0.7%	0.7%	1.8%	2.4%	2.4%	1.9%
EPS (₹)	—	—	0.9	0.8	0.6	0.7	1.5	3.8	2.9	0.6
EPS adjusted (₹)	—	—	—	0.7	0.6	0.7	1.5	3.8	2.8	1.2
	—	—	0%	0%	0%	0%	0%	0%	17.2%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	16	16	16	16	16	24	24
Reserves	37	38	39	41	47	72	73
Minority interest	0	0	—	0	—	0	0
	48	22	32	29	22	15	29
	75	26	47	1	85	39	35
Total equity & liabilities	177	102	134	88	172	150	162
	6	5	5	5	6	7	7
CWIP	—	—	—	—	—	—	—
Investments	3	3	4	0	0	0	0
	169	94	125	83	165	142	155
Total assets	177	102	134	88	172	150	162

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-20	-13	-41	28	-11	-6	47	-46	-31
	-2	10	11	3	3	9	2	3	7
	12	1	30	-29	7	-4	-8	14	11
Net cash flow	-10	-3	0	1	-1	-1	41	-30	-14
Free cash flow	-20	-13	-41	27	-12	-6	44	-48	-31
CFO / Operating profit %	—	—	—	—	—	—	769.1%	-586.7%	—

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	4.7%	2.5%	3%	6.6%	6.3%	4.1%
EBITDA margin %	1.2%	-0.5%	0.3%	-1.1%	-0.3%	2.3%	2.7%	-0.2%
EBIT margin %	0.8%	-0.8%	0%	-1.3%	-0.5%	2.1%	2.5%	-0.6%
PAT margin %	1.2%	0.7%	0.7%	0.7%	1.8%	2.4%	2.4%	1.9%
Working capital
Receivable days	—	96	45	60	67	46	30	148
Inventory days	—	164	37	115	5	60	61	36
Payable days	—	146	62	109	0	121	49	82
NWC days	—	114	20	65	72	-16	41	101
Leverage
Current ratio	—	1.37	2.23	1.7	3.16	1.58	2.77	2.45
Debt to EBITDA	—	—	54.54	—	—	3.7	1.88	—
Debt to equity	—	0.91	0.41	0.57	0.5	0.35	0.15	0.3
Interest coverage	2.2	1.4	1.5	1.8	2.8	6.1	4.1	1.5
Asset turnover	—	1	1.5	1.18	1.6	1.55	1.93	0.97
Return ratios
Return on assets %	—	0.7%	1%	0.8%	2.9%	3.7%	4.5%	1.8%
Return on capital employed %	—	8%	7.9%	5.7%	7.6%	15.7%	14.5%	6.1%
Return on equity %	—	2.3%	2%	2%	4.3%	9.9%	7.1%	3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	56.61%	56.61%	56.61%	38.1%	38.1%	38.1%	38.1%	38.1%	38.1%	38.1%	38.1%	38.1%
	0%	0%	0%	0%	0.4%	0.39%	0.39%	0.39%	0.39%	0.39%	0.37%	0.37%
	0%	0%	0%	0%	0%	0%	0.51%	0.1%	0.2%	0.2%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	43.39%	43.39%	43.39%	61.9%	61.5%	61.51%	61%	61.41%	61.31%	61.31%	61.53%	61.53%
No. of shareholders	—	—	—	—	—	—	—	22,643	22,960	22,662	22,787	22,083

Promoter holding down 18.51 percentage points since Sep 2023.

73 deals · 31 Jul 2023 – 8 May 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
8 May 2025	TARADEVI RATANLAL BAFNA	Bulk	BSE	Sell	1,29,511	₹23.27	₹0.30 Cr
17 Jan 2025	CHANAKYA OPPORTUNITIES FUND I	Bulk	BSE	Buy	1,25,000	₹38.48	₹0.48 Cr
31 Jul 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	BSE	Buy	2,50,000	₹64.83	₹1.62 Cr
31 Jul 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	BSE	Sell	2,50,000	₹66.46	₹1.66 Cr
31 Jul 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .	Bulk	BSE	Sell	2,00,247	₹66.12	₹1.32 Cr
31 Jul 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .	Bulk	BSE	Buy	247	₹66.90	₹0.00 Cr
30 Jul 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .	Bulk	BSE	Buy	2,00,000	₹71.97	₹1.44 Cr
30 Jul 2024	MATALIA STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Sell	1,61,760	₹69.85	₹1.13 Cr
30 Jul 2024	MATALIA STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Buy	1,61,760	₹69.49	₹1.12 Cr
30 Jul 2024	RAJENDRA KANOONGO	Bulk	BSE	Sell	1,50,000	₹71.13	₹1.07 Cr

1–10 of 73

1 / 8

Mr. MANOJ KUMAR JAINExecutive Director-Chairperson-MD
Mrs. SANGEETA JAINExecutive Director
Ms. DHWANI NAGARNon-Executive - Independent Director
Ms. KHYATI SHAHNon-Executive - Independent Director
Ms. VINOD RANANon-Executive - Independent Director
Mr. Amitbhai MandaliyaChief Executive Officer & Chief Financial Officer
Mr. Hemal PatelCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in VMS Industries Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Interim dividend12 Jul 2024 · ex-date₹0.5

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

10 announcementsExport CSV

14 Aug 2026, 3:25 pmCompany Update

News Paper Publication Of VMS Industries Ltd Results For Q1 Ended 30.06.2026

General PDF

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Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	4.7%	2.5%	3%	6.6%	6.3%	4.1%
EBITDA margin %	1.2%	-0.5%	0.3%	-1.1%	-0.3%	2.3%	2.7%	-0.2%
EBIT margin %	0.8%	-0.8%	0%	-1.3%	-0.5%	2.1%	2.5%	-0.6%
PAT margin %	1.2%	0.7%	0.7%	0.7%	1.8%	2.4%	2.4%	1.9%
Working capital
Receivable days	—	96	45	60	67	46	30	148
Inventory days	—	164	37	115	5	60	61	36
Payable days	—	146	62	109	0	121	49	82
NWC days	—	114	20	65	72	-16	41	101
Leverage
Current ratio	—	1.37	2.23	1.7	3.16	1.58	2.77	2.45
Debt to EBITDA	—	—	54.54	—	—	3.7	1.88	—
Debt to equity	—	0.91	0.41	0.57	0.5	0.35	0.15	0.3
Interest coverage	2.2	1.4	1.5	1.8	2.8	6.1	4.1	1.5
Asset turnover	—	1	1.5	1.18	1.6	1.55	1.93	0.97
Return ratios
Return on assets %	—	0.7%	1%	0.8%	2.9%	3.7%	4.5%	1.8%
Return on capital employed %	—	8%	7.9%	5.7%	7.6%	15.7%	14.5%	6.1%
Return on equity %	—	2.3%	2%	2%	4.3%	9.9%	7.1%	3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Adani Ports And Special Economic Zone LimitedADANIPORTSADANIPORTS	₹4,00,389 Cr	₹4,55,492 Cr	₹40,430 Cr	₹23,897 Cr	59%	₹11,022 Cr	33%	13.7%	1.2%	13
Jsw Infrastructure LimitedJSWINFRAJSWINFRA	₹83,286 Cr	₹89,696 Cr	₹5,582 Cr	₹2,696 Cr	48.6%	₹1,485 Cr	28.9%	13.8%	14.8%	42
Gujarat Pipavav Port LimitedGPPLGPPL	₹8,019 Cr	₹8,019 Cr	₹1,241 Cr	₹775 Cr	61.1%	₹559 Cr	44.5%	25.3%	21.8%	-23
Allcargo Terminals LimitedATLATL	₹689 Cr	₹689 Cr	₹848 Cr	₹174 Cr	19.7%	₹41 Cr	5.4%	11.3%	14.2%	-29
Starlog Enterprises LtdSTARLOGSTARLOG	₹57 Cr	—	₹10 Cr	₹-11 Cr	-110.8%	₹-13 Cr	-136.2%	-10.2%	-20.8%	—
VMS Industries LtdVMSVMS	₹45 Cr	₹74 Cr	₹153 Cr	₹0 Cr	-0.2%	₹1 Cr	1.9%	6.1%	3%	101

Date	Category	Subject	Filing
14 Aug 2026, 3:25 pm	Company Update General	News Paper Publication Of VMS Industries Ltd Results For Q1 Ended 30.06.2026	PDF
15 Jul 2026, 1:17 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF

VMS Industries Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

1

Announcements

1

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

VMS Industries Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends1

Board meetings1

Announcements

Dividends1

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1

1

1