VMS TMT Limited reported a net profit of INR21 crores for the financial year ended March 31, 2026 (FY26), driven by improved plant utilization and integration benefits. The company delivered a strong performance in Q4FY26, supported by stable demand across retail and institutional segments. Management highlighted that the integration of the billet manufacturing facility has reduced raw material costs by approximately INR1,500 per ton, contributing to margin expansion.

Financial Performance

For Q4FY26, the company recorded a total revenue of INR241 crores and a net profit of INR2.29 crores. The full-year revenue stood at INR840 crores, with an EBITDA of INR62.31 crores. The Q4 EBITDA was reported at INR11.94 crores. The company operates as an integrated manufacturer of TMT bars and billets, marketing its products under the Kamdhenu brand in Gujarat.

Key Financial Metrics (FY26)

Operational Updates and Future Outlook

The company has ceased procuring billets from the external market, relying entirely on in-house manufacturing from scrap procured globally. This shift has eliminated reheating costs of approximately INR1,500 to INR2,000 per ton. VMS TMT is currently executing a 15 megawatt captive solar power project with an estimated investment of INR45 crores to INR50 crores. Commissioning for 12 megawatts is expected to begin in the current month, with the remaining 3 megawatts to follow in two months.

Management anticipates annual cost savings of approximately INR5 crores from the solar plant, translating to a saving of INR3 per unit on power bills. The company maintains a capacity utilization level of 70.00% to 75.00% for both its billet and TMT manufacturing facilities. With a focus on optimizing production and strengthening its distribution network, VMS TMT aims to sustain growth driven by infrastructure and housing sector demand in Gujarat.

VMS TMT Limited has appointed Ms. Shikha Ranjan as its Whole Time Company Secretary and Compliance Officer, effective June 9, 2026. The Board of Directors approved the appointment during its meeting held on June 10, 2026, pursuant to Regulation 30 and Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Ranjan will also serve as Key Managerial Personnel under Section 203 of the Companies Act, 2013, responsible for determining the materiality of events for disclosures to the Stock Exchange.

Ms. Shikha Ranjan is a qualified Company Secretary and a law graduate with approximately eleven years of work experience. The company stated that she has achieved professional excellence and expertise in her field. She is not related to any Directors or Key Managerial Personnel of the company. Furthermore, Ms. Ranjan is not debarred from holding the position of Company Secretary and Compliance Officer by SEBI or any other regulatory authority.

The appointment details were communicated to BSE Limited and the National Stock Exchange of India Limited. The company's Scrip Code is 544521 and the Security Symbol is VMSTMT. The Managing Director, Varun Manojkumar Jain, signed the regulatory filing confirming the appointment.

Appointment Details

The appointment is effective immediately, and the relevant authorities have taken the information on record.