VMS TMT Limited
VMS TMT Limited operates in Iron & Steel Products, part of the Industrials sector. It booked ₹248 cr of revenue in its latest quarter (Q1 FY27) and kept 1.8% of sales as profit.
Healthier than 46% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 227–284 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 42
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in VMSTMT?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹248 cr |
| Other Income | ₹12.2 L |
| Total Income | ₹248 cr |
| Cost of Materials | ₹151 cr |
| Purchases of Stock-in-Trade | ₹28 cr |
| Inventory Change (±) | ₹11 cr |
| Employee Benefit Expense | ₹5 cr |
| Finance Costs | ₹4 cr |
| Depreciation & Amortisation | ₹3 cr |
| Other Expenses | ₹40 cr |
| Total Expenses | ₹242 cr |
| Profit before Tax | ₹6 cr |
| Tax Expense | ₹1 cr |
| Net Profit | ₹4 cr |
| Net margin on total income | 1.8% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 202 cr | 241 cr | 248 cr |
| Total income | 203 cr | 241 cr | 248 cr |
| Expenses | 193 cr | 238 cr | 242 cr |
| Profit before tax | 10 cr | 3 cr | 6 cr |
| Tax | 2 cr | 90.4 L | 1 cr |
| Net profit (owners' share) | 8 cr | 2 cr | 4 cr |
| Net margin (owners' share, on revenue) | 4.0% | 0.9% | 1.8% |
| EPS (₹) | 1.62 | 0.46 | 0.90 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Welspun Corp Limited | ₹2,316 | ₹61,083 cr | 30.6 | 18.8% | 10.7% | — |
| APL Apollo Tubes Limited | ₹2,153 | ₹59,783 cr | 39.5 | 26.6% | 5.5% | — |
| Shyam Metalics and Energy Limited | ₹1,220 | ₹33,885 cr | 16.6 | 16.6% | 8.6% | — |
| Ratnamani Metals & Tubes Limited | ₹2,380 | ₹16,682 cr | 50.8 | 8.0% | 8.5% | — |
| Jindal Saw Limited | ₹247 | ₹15,794 cr | 83.4 | 1.5% | 1.1% | — |
| Usha Martin Limited | ₹461 | ₹14,057 cr | 24.7 | 17.2% | 13.7% | — |
| Gallantt Ispat Limited | ₹526 | ₹12,693 cr | 52.4 | 6.9% | 5.3% | — |
| Godawari Power And Ispat limited | ₹193 | ₹11,889 cr | 13.4 | 15.3% | 12.7% | — |
| Jayaswal Neco Industries Limited | ₹90 | ₹8,704 cr | 9.5 | 27.7% | 10.5% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Dec 2025, the company says it has spent 98% of what it set aside, leaving ₹3 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.
“On October 4, 2025, we transferred an amount of Rs.4,019.45 lakhs from the Monitoring Account to our cash credit (“CC”) account maintained with SVC Bank towards repayment of the working capital and term loan facilities availed by us. As at September 30, 2025, the aggregate outstanding amount under such facilities (comprising both the cash credit and term loan limits) was Rs.4,026.40 lakhs. We clarify that we were not permitted to directly remit the repayment amount to the term loan account. Accordingly, the aforesaid amount was first deposited into the CC account, pursuant to which SVC Bank was required to appropriate and transfer the requisite amount to the term loan account for closure. However, SVC Bank did not transfer the amount to the term loan account pending approval from the relevant authority of the Bank. Upon receipt of the requisite approval from the authority, the aforesaid facilities were fully repaid and closed on February 4, 2026. Subsequently, SVC Bank issued a no dues certificate in favour of our Company confirming closure of the said facilities and the same is attached for your reference.”the company’s own explanation, as filed
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing