VMS Industries Limited engages in the ship recycling activities in India. The company operates in two segments, Manufacturing and Trading. It provides breaking of old and used ships; and trades in ferrous and non-ferrous metals. The company was incorporated in 1991 and is based in Ahmedabad, India.
Rs. Crores · hover row for definition
Metric
Jun 2026
Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Sales 44.83
50.30
24.91
42.58
39.64
52.10
33.56
97.47
105.42
91.64
73.79
87.57
13.38
Expenses 44.89
50.55
25.00
42.68
39.51
46.18
33.76
97.58
103.13
90.81
70.25
84.42
13.53
Operating Profit -0.06
-0.25
-0.09
-0.10
0.13
5.92
-0.20
-0.11
2.29
0.83
3.54
3.15
-0.15
OPM % -0.13
-0.50
-0.36
-0.23
0.33
11.36
-0.60
-0.11
2.17
0.91
4.80
3.60
-1.12
Other Income 1.53
2.19
2.08
1.26
1.54
1.18
0.74
2.65
0.18
1.84
1.12
0.59
0.92
Depreciation 0.17
0.15
0.18
0.18
0.19
0.12
0.15
0.15
0.20
0.16
0.10
0.10
0.10
Interest 0.66
1.27
1.46
0.33
0.87
0.13
-0.05
1.41
1.40
0.72
0.70
1.07
0.45
Profit before tax 0.64
0.52
0.35
0.65
0.61
6.85
0.44
0.98
0.87
1.79
3.86
2.57
0.22
Tax % 28.12
44.23
25.71
27.69
27.87
24.96
25.00
25.51
29.89
22.91
25.39
26.07
31.82
Net Profit 0.46
0.30
0.26
0.47
0.43
5.14
0.34
0.72
0.61
1.38
2.88
1.90
0.15
EPS in Rs 0.19
0.12
0.11
0.19
0.18
2.10
0.14
0.29
0.25
0.56
1.18
0.78
0.06
Annual · Rs. Crores
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016 Mar 2015
Sales
157.00 289.00 266.00 140.00 158.00 153.00 176.00 178.00 118.00 114.00 97.00 79.00
Expenses
158.00 281.00 260.00 141.00 159.00 153.00 178.00 176.00 117.00 115.00 98.00 79.00
Operating Profit
0.00 8.00 6.00 0.00 -2.00 0.00 -2.00 2.00 1.00 -1.00 -1.00 0.00
OPM %
-0.20 2.70 2.30 -0.20 -1.10 0.30 -0.90 0.90 0.90 -0.70 -1.20 -0.40
Other Income
7.00 5.00 4.00 5.00 6.00 4.00 5.00 2.00 3.00 3.00 4.00 4.00
Interest
4.00 3.00 2.00 2.00 2.00 3.00 2.00 1.00 1.00 0.00 1.00 2.00
Depreciation
1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00
Profit before tax
2.00 9.00 8.00 3.00 1.00 1.00 1.00 3.00 2.00 2.00 1.00 1.00
Tax %
31.00 25.00 25.00 16.00 28.00 27.00 9.00 30.00 33.00 43.00 32.00 37.00
Net Profit
1.00 7.00 6.00 2.00 1.00 1.00 1.00 2.00 1.00 1.00 1.00 1.00
EPS in Rs
0.60 2.78 2.58 1.02 0.44 0.43 0.49 0.81 0.58 0.40 0.39 0.22
Dividend Payout %
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual · Rs. Crores — latest first
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016 Mar 2015
Equity Capital
24.00 24.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00
Reserves
73.00 72.00 47.00 41.00 39.00 38.00 37.00 39.00 37.00 36.00 36.00 35.00
Borrowings
29.00 15.00 22.00 29.00 32.00 22.00 48.00 16.00 15.00 1.00 11.00 4.00
Other Liabilities
35.00 39.00 85.00 1.00 47.00 26.00 75.00 79.00 46.00 77.00 27.00 4.00
Total Liabilities
162.00 150.00 172.00 88.00 134.00 102.00 177.00 151.00 114.00 130.00 90.00 60.00
Fixed Assets
7.00 7.00 6.00 5.00 5.00 5.00 6.00 6.00 6.00 6.00 7.00 6.00
CWIP
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments
0.00 0.00 0.00 0.00 4.00 3.00 3.00 8.00 15.00 10.00 9.00 9.00
Other Assets
155.00 142.00 165.00 83.00 125.00 94.00 169.00 137.00 92.00 113.00 74.00 45.00
Total Assets
162.00 150.00 172.00 88.00 134.00 102.00 177.00 151.00 114.00 130.00 90.00 60.00
Annual · Rs. Crores — latest first
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016 Mar 2015
Cash from Operating Activity
-31.00 -46.00 47.00 -6.00 -11.00 28.00 -41.00 -13.00 -20.00 32.00 -7.00 35.00
Cash from Investing Activity
7.00 3.00 2.00 9.00 3.00 3.00 11.00 10.00 -2.00 2.00 -1.00 -2.00
Cash from Financing Activity
11.00 14.00 -8.00 -4.00 7.00 -29.00 30.00 1.00 12.00 -10.00 6.00 -56.00
Net Cash Flow
-14.00 -30.00 41.00 -1.00 -1.00 1.00 0.00 -3.00 -10.00 24.00 -2.00 -24.00
Free Cash Flow
-31.00 -48.00 45.00 -6.00 -12.00 27.00 -41.00 -13.00 -20.00 32.00 -8.00 35.00
CFO/OP %
9,694.00 -557.00 790.00 1,474.00 644.00 6,395.00 2,466.00 -786.00 -1,802.00 -3,988.00 550.00 -11,853.00
Annual · Days / % — latest first
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016 Mar 2015
Debtor Days
148.00 30.00 46.00 67.00 60.00 45.00 96.00 17.00 82.00 65.00 65.00 18.00
Inventory Days
36.00 61.00 60.00 6.00 115.00 37.00 176.00 212.00 91.00 94.00 64.00 3.00
Days Payable
82.00 49.00 121.00 0.00 109.00 62.00 156.00 167.00 152.00 261.00 102.00 0.00
Cash Conversion Cycle
101.00 41.00 -16.00 72.00 65.00 20.00 115.00 61.00 22.00 -102.00 27.00 20.00
Working Capital Days
174.00 76.00 2.00 98.00 74.00 75.00 55.00 42.00 18.00 -3.00 44.00 108.00
ROCE %
5.00 12.00 12.00 3.00 4.00 5.00 4.00 5.00 6.00 4.00 5.00 3.00
% holding — latest first
Quarterly
Yearly
Holder
Jun 2026
Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Promoters
38.10
38.10
38.10
38.10
38.10
38.10
38.10
38.10
38.10
56.61
56.61
56.61
FIIs
0.37
0.37
0.39
0.39
0.39
0.39
0.39
0.40
0.00
0.00
0.00
0.00
DIIs
0.00
0.00
0.20
0.20
0.10
0.51
0.00
0.00
0.00
0.00
0.00
0.00
Public
61.52
61.52
61.30
61.30
61.41
60.99
61.50
61.49
61.90
43.39
43.38
43.39
No. of Shareholders
22,083
22,787
22,662
22,960
22,643
21,451
21,556
21,626
7,678
3,999
3,466
3,717
4 records