VMS Industries Ltd - Stock Valuation and Financial Performance

BSE: 533427 | NSE: | Ship Building | Small Cap

VMS Industries Share Price

28.61 0.00 0.00%
as on 22-Apr'25 16:59

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VMS Industries stock performance -

P/E Ratio (SA):
23.00
Market Cap:
70 Cr.
52-wk low:
23.4
52-wk high:
75

Is VMS Industries Ltd an attractive stock to invest in?

1. Is VMS Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that VMS Industries Ltd is a below average quality company.

2. Is VMS Industries Ltd undervalued or overvalued?

The key valuation ratios of VMS Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is VMS Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of VMS Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of VMS Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
VMS Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 3.1%4.7%3.7%5.9%5.2%3.7%5%4.2%5.3%11.7%-
Value Creation
Index
-0.8-0.7-0.7-0.6-0.6-0.7-0.6-0.7-0.6-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 82.3102114118178176153158140266328
Sales YoY Gr.-23.7%12.1%3.3%50.6%-0.6%-13.1%2.8%-10.9%89.7%-
Adj EPS 0.40.50.912.53.10.90.41.93.51.2
YoY Gr.-47.2%60.4%20%147.1%23.8%-70.5%-54.4%357.1%82.3%-
BVPS (₹) 28.629.229.330.131.23030.631.332.736.237.6
Adj Net
Profit
0.60.91.51.84.55.51.60.73.46.23
Cash Flow from Ops. 35.2-6.832-20-13.4-40.727.8-11.5-5.546.6-
Debt/CF from Ops. 0.1-1.60-0.7-1.2-1.20.8-2.8-5.20.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.9%8.5%20.2%89.7%
Adj EPS 28.8%6.8%56.1%82.3%
BVPS2.7%3.1%5.8%10.8%
Share Price -0.6% 37.2% 13.2% -36%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.31.82.93.48.210.231.4610.23.4
Op. Profit
Mgn %
-0.4-1.2-0.31.42.92.80.8-1.10.72.30.9
Net Profit
Mgn %
0.80.91.31.52.53.11.10.52.42.30.9
Debt to
Equity
0.10.200.30.30.90.40.60.50.4-
Working Cap
Days
21916922123519427726620822111873
Cash Conv.
Cycle
9618-40-4032807543711235

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.23%

Net Profit is growing at healthy rate in last 3 years 56.11%

Sales growth is good in last 4 quarters at 220.62%

Return on Equity has declined versus last 3 years average to 3.40%

Latest Financials - VMS Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 1
TTM Sales (₹ Cr.) 328 284
BVPS (₹.) 37.6 0
Reserves (₹ Cr.) 68 40
P/BV 0.76 0.00
PE 23.00 29.44
From the Market
52 Week Low / High (₹) 23.35 / 74.95
All Time Low / High (₹) 4.79 / 126.22
Market Cap (₹ Cr.) 70
Equity (₹ Cr.) 24.5
Face Value (₹) 10
Industry PE 44.1

Quarterly Results

 Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %Mar'25 YoY Gr. Rt. %
Sales (₹ Cr.) 0 N/A0 N/A0 N/A0 N/A
Adj EPS (₹) 0 N/A0 N/A0 N/A0 N/A
Op. Profit Mgn % N/A N/AN/A N/AN/A N/AN/A N/A
Net Profit Mgn % N/A N/AN/A N/AN/A N/AN/A N/A

Management X-Ray of VMS Industries:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:38.1%Institutions:0.9%Non-Institutions:60.99%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec24Mar2510%20%30%40%50%60%
Pledged *53.6253.6253.6253.6253.0053.0053.0053.0053.0053.00
* Pledged shares as % of Promoter's holding (%)

Valuation of VMS Industries

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of VMS Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
VMS Industries 28.6 0 (0%) Small Cap 266 1.2 2.3 23 0.8
Knowledge Marine & E 1,500.1 -2.8 (-0.2%) Small Cap 139 25.2 19.7 59.5 9.6
Laxmipati Engineerin 228.2 0 (0%) Small Cap 40.2 1.4 1.8 169.3 63.3
Garden Reach Ship 1,733.9 -6.4 (-0.4%) Small Cap 0 - - - -
Aquarius Shipyard - 0 (0%) Small Cap 0 - - - -

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales82.28101.80114.12117.86177.50176.41153.28157.64140.39266.37
Operating Expenses 82.70102.97115.16116.76175.89178.02152.86159.34140.75260.30
Manufacturing Costs0.981.382.331.451.981.402.040.740.323.77
Material Costs76.0795.27105.29108.17165.40165.30146.09153.63136.13248.77
Employee Cost 0.700.981.290.931.461.301.731.160.462.83
Other Costs 4.955.346.256.217.0610.023.013.813.834.93
Operating Profit -0.42-1.17-1.041.101.61-1.610.42-1.70-0.366.07
Operating Profit Margin (%) -0.5%-1.1%-0.9%0.9%0.9%-0.9%0.3%-1.1%-0.3%2.3%
Other Income 3.704.243.632.922.505.304.465.505.374.47
Interest 1.681.330.431.430.811.903.031.941.651.64
Depreciation 0.720.350.430.470.470.460.390.380.380.45
Exceptional Items 0000000000
Profit Before Tax 0.871.401.722.112.831.331.451.482.988.45
Tax 0.320.450.730.690.850.120.390.400.492.13
Profit After Tax 0.550.950.991.421.981.211.061.082.506.32
PAT Margin (%) 0.7%0.9%0.9%1.2%1.1%0.7%0.7%0.7%1.8%2.4%
Adjusted EPS (₹)0.30.50.60.81.10.70.60.61.43.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 51.4752.2652.2753.5355.3553.165455.3257.6963.93
Share Capital 16.4716.4716.4716.4716.4716.4716.4716.4716.4716.47
Reserves 34.9935.7935.7937.0638.8836.6837.5238.8541.2147.46
Minority Interest0000000000
Debt410.830.8414.7316.2448.2520.2829.9327.9821.35
Long Term Debt0.160.230.400.500.210.115.454.523.112.80
Short Term Debt3.8510.600.4314.2316.0348.1414.8425.4124.8718.56
Trade Payables0.0626.6475.2444.9075.8670.7124.6346.080.0482.76
Others Liabilities 4.110.461.921.493.724.803.662.892.235.02
Total Liabilities 59.6490.19130.26114.65151.17176.92102.58134.2287.93173.07

Fixed Assets

Gross Block8.319.249.109.459.459.499.689.829.8811.73
Accumulated Depreciation2.212.492.633.103.483.944.254.635.015.42
Net Fixed Assets6.106.756.476.355.975.555.435.194.876.31
CWIP 000.090.09000000
Investments 9.039.1710.4015.358.172.542.633.7000
Inventories0.5516.7027.2626.9496.0579.5814.6248.442.0540.90
Trade Receivables3.8117.2220.2126.518.0946.3019.0525.7025.7133.39
Cash Equivalents 9.727.8231.5421.5718.6219.0520.5319.5418.6359.30
Others Assets30.4432.5234.2917.8514.2623.8940.3231.6536.6733.16
Total Assets 59.6490.19130.26114.65151.17176.92102.58134.2287.93173.07

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 35.19-6.7932-20.03-13.37-40.7127.79-11.48-5.5446.61
PBT 0.871.401.722.112.831.331.451.482.988.45
Adjustment 0.72-1.11-2.75-0.99-1.15-6.350.25-1.77-3.35-2.15
Changes in Working Capital 33.97-6.6733.33-20.77-14.73-34.6826.45-10.64-4.841.67
Tax Paid -0.37-0.41-0.30-0.39-0.32-1.01-0.35-0.54-0.38-1.36
Cash Flow From Investing Activity -2.43-0.612.14-2.419.6111.052.713.138.902.36
Capex -0.26-1.01-0.24-0.35-0.05-0.04-0.30-0.14-0.06-1.89
Net Investments -2.17-0.15-1.22-4.957.176.18-0.14-15.820
Others 00.553.612.892.494.913.154.283.144.25
Cash Flow From Financing Activity -56.365.50-10.4212.460.8130.09-29.027.35-4.26-8.30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.080.080.170.09-0.17-0.127.31-1.29-2.07-0.30
Interest Paid 0-1.33-0.43-1.43-0.81-1.90-3.03-1.94-1.65-1.64
Dividend Paid 0000000000
Others -56.436.75-10.1613.791.7932.11-33.3010.58-0.54-6.36
Net Cash Flow -23.60-1.9023.72-9.98-2.950.431.48-0.99-0.9040.67
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.091.871.922.713.662.241.981.974.4210.39
ROCE (%)3.094.663.745.895.243.745.044.195.3311.66
Asset Turnover Ratio0.961.431.10.961.341.081.11.331.262.04
PAT to CFO Conversion(x)63.98-7.1532.32-14.11-6.75-33.6426.22-10.63-2.227.38
Working Capital Days
Receivable Days31365672365678526740
Inventory Days65296684126182112736629
Payable Days151177203133162119846261

VMS Industries Ltd Stock News

VMS Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of VMS Industries on 22-Apr-2025 16:59 is ₹28.61.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Apr-2025 16:59 the market cap of VMS Industries stood at ₹70.02.
The latest P/E ratio of VMS Industries as of 22-Apr-2025 16:59 is 23.00.
The latest P/B ratio of VMS Industries as of 22-Apr-2025 16:59 is 0.76.
The 52-week high of VMS Industries is ₹74.95 and the 52-week low is ₹23.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VMS Industries is ₹328.1 ( Cr.) .

About VMS Industries Ltd

VMS Industries Ltd was originally incorporated under the name of Varun Management  Services Private Limited on 2nd December 1991 with the Registrar of Companies, Gujarat ( Dadar & Nagar Haveli). The name of the company was changed to VMS INDUSTRIES PRIVATE LIMITED with effect from 22nd May 2007. Pursuant to this the Company got converted into a Public Limited Company, the word “Private” was deleted from the name of our Company by necessary resolution passed on 31st December 2009.

Company’s Business ProfileThe company on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off- shore activities

Currently the company is engaged in the following activities :

Ship Recycling Activities:-The Company carries ship-recycling activities at Alang, near Bhavnagar (Gujarat), one of the world largest ship recycling yard. The company have a capacity of accommodating ships upto 40000 M.T. .Till date the company has acquired  numbers of ships for dismantling.

Off-Shore Business Support Activities:- The company entered into the Off shore business activities in 2008 and have Tug of 15 TBP and providing on charter basis in spot market.

Investment in Partnership Firm:- The company entered into a Partnership with Eternal Automobiles (Two wheeler dealership of Honda scooter and motorcycle) in the year 2007. The company have share of 70 % in the Eternal Automobiles and the balance 30% is been hold by Smt. Sangeeta M Jain and other family members.

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