VMS TMT Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
VMS TMT reported total income of Rs 247.88 crore in Q1 FY27, up 16.16% year-on-year from Rs 213.39 crore in Q1 FY26, while EBITDA and PAT declined due to higher imported scrap costs following the Iran conflict. Management said its 15 MW captive solar power plant is partially operational, with 12 MW commissioned since August 7, and highlighted the proposed amalgamation of Aditya Ultra Steel Limited with VMS TMT, pending regulatory approvals. Management also discussed capacity utilization, dealer network expansion in Gujarat, and inventory levels, which they attributed partly to monsoon-related sales softness and higher-value product additions.
VMS TMT reported Q4 FY26 revenue of INR241 crores and full year FY26 revenue of INR840 crores, with EBITDA of INR11.94 crores for the quarter and INR62.31 crores for the year. Net profit was INR2.29 crores for Q4 and INR21 crores for the full year. Management attributed the results to improved plant utilization, integration of billet manufacturing, and cost optimization, and discussed a 15 megawatt captive solar plant under commissioning.