VMS TMT (VMSTMT) share price, P/E, ROE & financials

As of 6 Nov 2026, VMS TMT trades at 12.0× trailing earnings, below the industry P/E of 19.9×, and the shares are 40% below their 52-week high. Sales fell 1.8% a year over 3 years while net profit grew 71%, with ROCE of 18% and ROE of 14%. Debt is 1.01× equity. It is a small-cap company with a market cap of ₹213 Cr, ranked 86th of 150 Steel companies by market cap; the shares fell 38% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹42.44
Day high: ₹43.47
Day low: ₹41.00
Prev. close: ₹43.44
Volume: 1.2 L

Health check

1 good · 3 fair · 2 to check

ReturnsBehind
−38.0% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 12.0 vs industry 19.9.
GrowthSteady
Sales −1.8%, profit +71.1% a year over 3 years.
ProfitabilityAverage
ROCE 17.8% vs peer median 18.7%.
Balance sheetFair
Debt 1.01× equity, interest covered 2.1×, Piotroski 6 of 9.
Red flags3 to check
Quarterly profit down 47.9% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹213 Cr, #86 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹875 Cr · profit ₹17 Cr

Market cap: ₹213 Cr; Small cap
P/E: 12.0; Industry 19.9
Price to book: 0.93; Peers 2.28
Dividend yield: 0.00%
ROE: 14.0%; Peers 23.4%
ROCE: 17.8%; Peers 18.7%
Debt to equity: 1.01; Debt ₹231 Cr
EPS (TTM): ₹3.57; Face value ₹10
OPM (TTM): 6.1%; Net margin 1.9%
Sales growth: +16.7%; Latest quarter vs a year ago
Profit growth: −47.9%; Latest quarter vs a year ago
Price to sales: 0.24; EV/EBITDA 8.1

Strengths

Quarterly sales up 16.7% on a year ago.
P/E of 12.0 against an industry P/E of 19.9.

Risks to check

Quarterly profit down 47.9% on a year ago.
40% below its 52-week high.
Interest coverage of only 2.8×.

Derived automatically from reported figures. Not a recommendation.

About VMS TMT

VMS TMT Limited manufactures and sells thermo-mechanically treated high-strength reinforcement steel bars in India. The company offers TMT bars under the Kamdhenu NXT brand name; and sells scrap, binding wires and billets. VMS TMT Limited was incorporated in 2013 and is based in Ahmedabad, India.

Headquarters: Ahmedabad
Employees: 225
Sector: Basic Materials
ISIN: INE0SJA01013
Website: vmstmt.com

Price range

52 weeks

₹33.50₹70.95

Today

₹41.00₹43.47

Avg volume (3M): 75.1K
1-year return: minus 38.0%
From 52-week high: minus 39.5%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
VMSTMTVMS TMT	42.91	minus 1.22%	213	12.0	6.4	17.8%	6.1%	1.01	−1.8%	minus 38.0%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
212	183	202	241	248
193	171	185	229	236
19.5	12.1	17.2	11.7	12.1
9.2%	6.6%	8.5%	4.9%	4.9%
1.1	0.1	0.4	0.2	0.1
6.7	6.9	5.3	6.3	4
2.4	2.5	2.6	2.5	2.5
11.5	2.8	9.7	3.2	5.7
25.3%	24.7%	16.9%	28.3%	21.4%
8.6	2.1	8	2.3	4.5
1.73	0.59	1.62	0.46	0.90

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −1.8%
Profit CAGR 3Y: +71.1%
EPS CAGR 3Y: +80.2%
ROE: 14.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
882	873	762	836
–	minus 1.0%	minus 12.7%	+9.7%
860	831	715	767
22	41.5	47.1	69.2
2.5%	4.8%	6.2%	8.3%
−0.3	−0.3	−0.8	−7.2
12.6	18	19.4	24.8
3.6	3.9	6.8	10
−0	−0	−0	–
5.5	19.3	20.1	27.2
24.4%	30.2%	23.2%	22.6%
4.2	13.5	14.7	21
–	+221.0%	+9.4%	+42.7%
0.85	2.71	2.97	4.95

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
12.6	13.3	34.6	49.6
18.2	33.2	38.6	179
163	198	276	231
33.4	39.5	62.8	60.3
227	284	412	519
94.4	137	175	222
18.6	63	0.6	43.4
–	5.1	–	0.5
0.4	8.1	0.9	0.2
114	71.4	235	254
227	284	412	519

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−11.3	37.3	−23.5	−10
−27	−50	−54.6	−47
40.5	18.6	70.9	57.2
2.2	5.9	−7.2	0.2
−26.5	−50	−56.3	−54.5
−37.8	−12.7	−79.8	−64.6

Shareholding pattern

Source: NSE filings

67.2%

promoters

Promoters67.18%
Public32.82%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	67.18%	32.82%	0.00
30 Jun 2026	67.18%	32.82%	0.00
31 Mar 2026	67.18%	32.82%	0.00
31 Dec 2025	67.18%	32.82%	0.00
30 Sep 2025	67.18%	32.82%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you