VMS TMT Ltd — Q4 FY26 earnings call
Summary generated by AI from the official transcript VMS TMT Ltd filed with BSE on 11 Jun 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
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.
1 statement from this call is not shown because its supporting quote could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Revenue: INR241 crores (Q4 FY26)
p. 3
“For Q4 Financial Year '26, the total revenue was INR241 crores, and for the year ended March '26, it was INR840 crores.”
Management, page 3 of the filed PDF · View the filing
Revenue: INR840 crores (FY26)
p. 3
“For Q4 Financial Year '26, the total revenue was INR241 crores, and for the year ended March '26, it was INR840 crores.”
Management, page 3 of the filed PDF · View the filing
EBITDA: INR11.94 crores (Q4 FY26)
p. 3
“The EBITDA of the company was INR11.94 crores for Q4, and for the year ended, it was INR62.31 crores.”
Management, page 3 of the filed PDF · View the filing
EBITDA: INR62.31 crores (FY26)
p. 3
“The EBITDA of the company was INR11.94 crores for Q4, and for the year ended, it was INR62.31 crores.”
Management, page 3 of the filed PDF · View the filing
Net profit: INR2.29 crores (Q4 FY26)
p. 3
“The net profit of the company for Q4 results was INR2.29 crores, and for the year ended, it was INR21 crores.”
Management, page 3 of the filed PDF · View the filing
Net profit: INR21 crores (FY26)
p. 3
“The net profit of the company for Q4 results was INR2.29 crores, and for the year ended, it was INR21 crores.”
Management, page 3 of the filed PDF · View the filing
Solar payback period: five years
p. 10
“The solar power plant of 15 megawatts that we have installed, in that the payback is in five years.”
Management, page 10 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
FY27 growth and margins — FY27
stated as an aspiration by Management
p. 11
“So, in Financial Year 27, the growth will be strong and the company would be performing better than what it was because in this year, we will also be having a generation from our 15-megawatt solar plant, that will help us improve the cost of production, reduce the cost of production and increase our margins.”
Management, page 11 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said the switch to scrap procurement and hot charging eliminated reheating costs and lowered raw material costs, improving margins by about INR1,000-1,500 per ton.
Answered by Management
Asked by Ganesh Agarwal: What tangible benefits has the billet manufacturing facility delivered in raw material cost and margins?
p. 4
“So, the margins have improved by approximately INR1,500, INR1,000 to INR1,500 per ton after the CCM plant manufacturing.”
Management, page 4 of the filed PDF · View the filing
Management said the project costs INR45-50 crores, with 12 MW commissioning this month and the remaining 3 MW within two months.
Answered by Management
Asked by Ganesh Agarwal: What is the expected investment and timeline for the solar project?
p. 5
“So, commissioning will begin for 12 megawatt in this month and for the remaining 3 megawatt it will take another two months.”
Management, page 5 of the filed PDF · View the filing
Management said they remain focused only on Gujarat given the large existing market potential.
Answered by Management
Asked by Shubham Vishwakarma: Are there expansion targets beyond Gujarat for FY27?
p. 6
“No, right now we are focused on the Gujarat market only because Gujarat itself has a huge potential.”
Management, page 6 of the filed PDF · View the filing
Management said they are not currently pursuing expansion and are focused on utilizing existing capacity, though room exists within current land and approvals.
Answered by Management
Asked by Sonia Gupta: Is management evaluating capacity expansion in the next two-three years?
p. 6
“So, currently the management team is not looking at the expansion. Currently, we are looking at utilizing the optimum production and the sales capacity of our plant.”
Management, page 6 of the filed PDF · View the filing
Management pointed to EBITDA and PAT margins as the metrics to watch, driven by solar generation and integration benefits.
Answered by Management
Asked by Kanish Agarwal: Which KPI should investors monitor most closely?
p. 11
“So, that will again have an effect on EBITDA margins and the PAT margins.”
Management, page 11 of the filed PDF · View the filing
Management said both billet and TMT operations run at 70-75% of installed capacity with room to improve.
Answered by Management
Asked by Sonia Gupta: What are the current capacity utilization levels for billet and TMT facilities?
p. 12
“I mean the capacity utilization of billet is around 70.00% to 75.00% of installed capacity and TMT is also same the 70.00% to 75.00%.”
Management, page 12 of the filed PDF · View the filing
Risks flagged
TMT is a commodity product subject to daily price rise and reduction
p. 11
“And risk as in -- this is TMT is a commodity product.”
Management, page 11 of the filed PDF · View the filing
Supply disruptions from the West Asia war affecting raw material procurement
p. 11
“So, due to recent war also, the West Asia war, there has been supply disruptions and everything, but still, we have got raw material procurement and other things in control.”
Management, page 11 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.