Market Data
Market Cap₹42.95 Cr.
52W High₹35.25
Current Price₹17.55
52W Low₹17
Down from 52W High50.2 %
Face Value₹10
Performance
ROCE7.1 %
ROE3.71 %
EPS (TTM)₹0.38
EPS Prev Qtr₹0.24
EPS Last Year₹0.64
EBITDA Qtr₹0.71 Cr.
Book Value₹23
Financial Health
Debt/Equity0.48
Debt/Profit11.32
Total Assets₹163.387 Cr.
Promoter Holding38.1 %
Earning Power2.16 %
Valuation
Stock P/E18.09
Industry P/E32.965
Price to Book0.77
Price to Sales0.16
Graham Number₹22.3
Key Metrics
Face Value
₹10
About VMS Industries Ltd
Services · Ship Building
VMS Industries Ltd is listed on NSE in the Services / Ship Building sector. Face value ₹10. Market cap ₹42.95 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a manageable debt-to-equity ratio of 0.48, indicating a relatively conservative capital structure.
- The P/B ratio of 0.85 suggests the stock may be undervalued relative to its book value.
Weaknesses
- The company has a low ROCE of 7.1%, indicating inefficient use of capital.
- ROE is very low at 4.25%, reflecting weak profitability relative to shareholder equity.
- Net profit of ₹2.37 Cr is significantly lower than revenue of ₹263.14 Cr, indicating thin operating margins.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Swan Defence and Heavy Industries Ltd | - | - | ₹14,321.91 Cr | - | ₹-236.81 Cr | - | ₹312.33 Cr | - | -7.53% | 39.13 |
| Knowledge Marine & Engineering Works Ltd | - | 51.58 | ₹7,440.79 Cr | - | ₹131.07 Cr | - | ₹323.21 Cr | - | 18.68% | 0.39 |
| Laxmipati Engineering Works Ltd | - | - | ₹259.42 Cr | - | - | - | - | - | - | 0.47 |
| Hariyana Ship Breakers Ltd | - | 14.35 | ₹59.2 Cr | - | ₹-3.34 Cr | - | ₹3.5 Cr | - | 0.77% | 0.11 |
| VMS Industries Ltd | - | 12.27 | ₹42.95 Cr | - | ₹2.37 Cr | - | ₹263.14 Cr | - | 7.1% | 0.48 |
| Datiware Maritime Infra Ltd | - | - | ₹28.1 Cr | - | ₹-0.32 Cr | - | ₹0.47 Cr | - | 0.94% | -3.7 |
| Garware Marine Industries Ltd | - | 61.48 | ₹10.28 Cr | - | ₹0.16 Cr | - | ₹1.13 Cr | - | 1.06% | 0 |
| Bharati Defence & Infrastructure Ltd | - | - | - | - | ₹-311.9 Cr | - | ₹35.87 Cr | - | 11.26% | -0.18 |
Quarterly Results
| Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | |
|---|---|---|---|---|
| Sales | 87.378 | 79.98 | 36.14 | 59.64 |
| ↳ QoQ Growth | - | -8.5% | -54.8% | +65.0% |
| Expenses | 85.454 | 79.942 | 35.28 | 58.93 |
| Operating Profit | 1.925 | 0.038 | 0.86 | 0.71 |
| OPM % | 2.2% | 0.05% | 2.38% | 1.19% |
| Other Income | 0.099 | 0.832 | 0.77 | 0.62 |
| Interest | 0.41 | 0.52 | 1.07 | 0.63 |
| Depreciation | 0.16 | 0.14 | 0.12 | 0.12 |
| EBITDA | 2.085 | 0.178 | 0.98 | 0.83 |
| EBITDA Margin % | 2.39% | 0.22% | 2.71% | 1.39% |
| Profit Before Tax | 1.611 | 0.351 | 0.56 | 0.72 |
| Tax % | 34.86% | 15.58% | 26.79% | 13.89% |
| Net Profit | 1.05 | 0.3 | 0.4 | 0.62 |
| ↳ QoQ Growth | - | -71.4% | +33.3% | +55.0% |
| EPS | 0.64 | 0.17 | 0.24 | 0.38 |
Balance Sheet
| Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|
| Equity Capital | 16.47 | 16.4734 | 16.47 |
| Reserves | 37.26 | 39.3248 | 39.78 |
| Borrowings | 18.49 | 26.84 | 14.19 |
| Other Liabilities | 49.29 | 80.75 | 71.93 |
| Total Liabilities | 121.51 | 163.3868 | 142.37 |
| Fixed Assets | 11.71 | 11.2039 | 5.77 |
| CWIP | 0.09 | 0 | 0 |
| Investments | 10.26 | 3.1 | 8.67 |
| Other Assets | 99.45 | 149.08 | 127.93 |
| Total Assets | 121.51 | 163.3868 | 142.37 |
Cash Flows
| Mar 2019 | |
|---|---|
| Cash from Operating Activity | -19.0187 |
| Cash from Investing Activity | 9.3707 |
| Cash from Financing Activity | 6.7133 |
| Net Cash Flow | -2.9347 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 38.1% | 38.1% | 38.1% | 38.1% |
| FIIs % | 0.39% | 0.39% | 0.37% | 0.37% |
| DIIs % | 0.2% | 0.2% | 0% | 0% |
| Public % | 57.19% | 57.15% | 57.34% | 57.52% |
| No. of Shareholders | 22,960 | 22,662 | 22,787 | 22,083 |