VMS TMT Limited reported a 36.4% increase in net profit for the financial year ended March 31, 2026, reaching ₹2,103.36 lakh, driven by higher revenue from operations and improved cost efficiencies. The company's revenue from operations for FY26 stood at ₹83,855.74 lakh, an increase of 8.9% compared to ₹77,019.10 lakh in the previous year. Total income for the year rose to ₹84,019.95 lakh from ₹77,140.76 lakh in FY25. The audited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 29, 2026.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹228.99 lakh, a decline from ₹371.11 lakh in the same period last year. Revenue from operations for Q4FY26 increased to ₹24,135.49 lakh from ₹21,603.19 lakh in Q4FY25. The company delivered a strong performance in Q4 FY26, supported by improved plant utilization and stable demand across retail and institutional segments.

Business Highlights

The company strengthened its backward integration by successfully commissioning a billet manufacturing (CCM) plant, enabling in-house raw material sourcing and improved cost efficiencies. It expanded its market presence through 227+ dealers and 3 distributors across Gujarat under the Kamdhenu brand. Additionally, VMS TMT secured 10,000+ MT orders valued at approximately ₹46 Cr during the festive season and progressed on the development of a 15 MW captive solar power plant aimed at reducing energy costs.

Financial Performance

The company's total expenses for FY26 increased to ₹81,302.50 lakh from ₹75,132.38 lakh in the previous year. Profit before tax for the year rose to ₹2,717.45 lakh from ₹2,008.38 lakh in FY25. The basic earnings per share (EPS) for FY26 improved to ₹4.95 from ₹4.29 in the previous year. The statement of assets and liabilities as of March 31, 2026, showed total assets at ₹51,941.16 lakh, up from ₹41,206.34 lakh a year ago.

Auditor Appointments

The board approved the re-appointment of the Secretarial Auditor for the financial year 2025-26 to 2029-30. Additionally, the board appointed the Internal Auditor and the Cost Auditor for the financial year 2025-26. M/s. Suresh Chandra & Associates, Chartered Accountants, the statutory auditor, provided an unmodified opinion on the standalone financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that it has no subsidiaries, associates, or joint ventures as of March 31, 2026, and therefore consolidated financial results are not applicable.

VMS TMT LIMITED has announced that its Board of Directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider and approve the company's financial performance for the recent quarter and the full fiscal year.

Board Meeting Agenda

The board will deliberate upon the Standalone Audited financial results of the company for the quarter ended March 31, 2026. Additionally, the directors will consider the Annual Audited financial Result for the year ended March 31, 2026. This meeting is convened in compliance with Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In adherence to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for designated persons. This closure affects promoters, directors, senior managerial personnel, and their immediate relatives. The trading window was closed effective April 1, 2026, and will remain shut until 48 hours after the financial results for the quarter ended March 31, 2026, are generally available to the public.

Company Details

VMS TMT LIMITED is registered with its office and factory located at Survey No. 214, Near Water Tank, Bhayla, Bavla-382220, Ahmedabad, Gujarat. The company's shares are listed on BSE Limited with the scrip code 544521 and on the National Stock Exchange of India Limited with the symbol VMSTMT.