| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | 16.16% YoY growth driven by higher TMT realization prices. |
|---|---|
| Margins | Contracting; EBITDA fell 41% due to high scrap and FX costs. |
| Demand visibility | Strong visibility from Gujarat's infrastructure and rural housing sectors. |
| Management confidence | Balanced; optimistic on integration but cautious regarding global raw material volatility. |
Growth
Revenue rose to ₹247.88 Cr from ₹213.39 Cr YoY, primarily price-led. However, EBITDA margins contracted significantly due to imported scrap price hikes.
Outlook
Targeting ₹2000 Cr+ top-line in the medium term. Expected ₹10 Cr annual savings from new 15MW solar plant.
Risks
High reliance on imported scrap (50-60%) exposes margins to FX volatility and global supply chain shocks. Inventory buildup to ₹228 Cr is a working capital drag.
Last quarter's promises, checked
Delivered
- Guided 12MW solar commissioning in June 2026 → delivered operational (= BEAT)
- Guided 70-75% capacity utilization → delivered 80% (= BEAT)
- Guided focus on TMT segment only → delivered single segment focus (= BEAT)
Partly delivered
- Guided 15MW total solar capacity → delivered 12MW with 3MW pending (= PARTIAL)
Missed
- Guided ₹1,500/ton margin benefit from integration → delivered 41% EBITDA decline (= MISS)
- Guided stable margins via scrap-TMT price correlation → delivered contraction due to FX/scrap spikes (= MISS)
Earnings Call Transcript filed with BSE, NSE: VMSTMT. Summary written with AI assistance from the document.
VMS TMT Ltd: key numbers
- Share price
- ₹46.30
- Market cap
- ₹229.8 Cr
- Revenue (annual)
- ₹838.6 Cr
- Net profit (annual)
- ₹21.03 Cr
- P/E (TTM)
- 13.6×Sector 18.4×
- Promoter holding
- 67.18%+0.00% QoQ
- FII holding
- 2.04%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from VMS TMT Ltd
All →VMS TMT Other Announcement
VMS TMT Limited has issued a communication to shareholders regarding the weblink to access the Annual Report and Notice for the 13th Annual General Meeting.
VMS TMT Annual Report
VMS TMT Limited submitted its Annual Report for the financial year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
VMS TMT Annual General Meeting
VMS TMT Limited has issued a notice for its 13th Annual General Meeting to be held on September 29, 2026, via video conferencing.
VMS TMT Investor Presentation: Key Takeaways
VMS TMT reports Q1 FY27 revenue of ₹247.76 Cr with a PAT of ₹4.47 Cr. Strategy focuses on full backward integration via their new billet facility and expanding Gujarat retail presence.
VMS TMT Other Announcement
VMS TMT Limited has updated its list of Key Managerial Personnel authorized to determine the materiality of events and disclose information under Regulation 30(5).
VMS TMT Results Update
VMS TMT Limited announced its Q1 FY27 financial results. Total income for the quarter stood at ₹24,787.89 Lakhs, reflecting 16.16% year-on-year growth.