VMS Industries Share Price Today

VMS Industries Q2FY27 Results: Net profit up 0.45% YoY to ₹47 lakh

Net profit rose marginally to ₹47.00 lakh in Q2FY27 from ₹46.79 lakh in Q2FY26. Revenue from operations declined sharply to ₹1,906.68 lakh from ₹4,257.66 lakh YoY. Finance costs surged to ₹380.56 lakh in Q2FY27 compared to ₹33.00 lakh in Q2FY26. Debt-equity ratio increased to 2.28 as current borrowings rose to ₹20,237.96 lakh. Operating cash flow turned negative at ₹18,208.49 lakh for H1FY27 due to inventory buildup.

VMS Industries passes all 34th AGM resolutions with requisite majority

All seven resolutions at VMS Industries' 34th AGM held on September 28, 2026, were passed with the requisite majority. Varun Manojkumar Jain (DIN: 03502561) appointed as Non-Executive Director with **99.996%** votes in favor; he holds over 15 years of experience in the steel industry. Related party transactions with Aditya Ultra Steel Limited and VMS TMT Limited, each up to ₹100 crore for FY27, approved with approximately 81% votes in favor. Adoption of audited standalone financial statements for FY26 received **99.997%** votes in favor. The Board did not recommend a dividend for the financial year ended March 31, 2026.

VMS Industries AGM on Sept 28; FY26 revenue falls 45% to ₹1,574 crore

VMS Industries AGM scheduled for September 28, 2026 via video conferencing. FY26 revenue fell 45.4% to ₹1,574.3 crore; net profit down 78.5% to ₹146.3 lakh. Board recommends no dividend to conserve resources for working capital needs. Related party transaction approvals sought with Aditya Ultra Steel and VMS TMT.

VMS Industries Q1FY27 net profit rises 6.4% to ₹46.26 lakh

VMS Industries posted a 6.4% YoY net profit increase to ₹46.26 lakh in Q1FY27, supported by 13.1% revenue growth to ₹4,482.59 lakh. Operating margins improved slightly to 2.79%, while inventory purchases surged significantly, potentially signaling preparation for future contracts. The company also confirmed regulatory compliance by publishing its results in national and regional newspapers.

VMS Industries FY26 net profit falls 78.5% to ₹146.29 lakh

VMS Industries Limited reported a 78.5% decline in net profit to ₹146.29 lakh for FY26, with revenue falling 45.4% to ₹15,743.05 lakh. The board approved the audited results on May 28, 2026.

VMS Industries Limited Receives ₹1988.18 Lakhs GST Demand and Penalty Order from Bhavnagar Authority

VMS Industries Limited received GST Order-in-Original demanding ₹1988.18 lakhs (₹994.09 lakhs tax + ₹994.09 lakhs penalty) from Joint Commissioner Central GST Bhavnagar for FY 2024-25. The order relates to alleged circular trading and fraudulent ITC availment without actual goods receipt. The company plans to appeal within prescribed timelines and maintains adequate provisions to contest successfully with no expected material operational impact.