VMS
VMS INDUSTRIES financials
- Market cap
- ₹58 Cr
Quarterly results
Q4 FY26: revenue down 3.5%, net profit down 94.2% against the same quarter last year.
| Line item | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 97 | 34 | 52 | 40 −62% | 43 −56% | 25 −26% | 50 −3% |
| EBITDA | 2 | -0 | -0 | 6 | 0 −94% | -0 +9% | -0 +55% | -0 −104% |
| Net profit | 1 | 1 | 0 | 5 | 0 −30% | 0 −35% | 0 −24% | 0 −94% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −44.6% 1Y
1Y: ₹34 on 9 Sept 2025 → ₹18.85. High ₹36.67 (26 Sept 2025), low ₹17.96 (27 Aug 2026).
Financials, as filed
Revenue grew 4.0% a year over 4 years, FY18 to FY26. Operating margin narrowed to -0.2%.
| Year ending | FY18 | FY19 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | ₹135 Cr | ₹273 Cr | ₹266 Cr | ₹289 Cr | ₹157 Cr |
| Operating profit | ₹2 Cr | ₹3 Cr | ₹7 Cr | ₹8 Cr | ₹-0 Cr |
| Operating margin | 1.2% | 1.1% | 2.8% | 2.7% | -0.2% |
| Interest | ₹3 Cr | ₹1 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹2 Cr | ₹2 Cr | ₹6 Cr | ₹7 Cr | ₹1 Cr |
| Net margin | 1.2% | 0.8% | 2.4% | 2.4% | 0.9% |
| Cash from operations | ₹-19 Cr | ₹-19 Cr | — | — | — |
| Free cash flow | ₹-20 Cr | ₹-19 Cr | — | — | — |
| ROCE | 8.0% | 6.0% | — | — | — |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 |
|---|---|---|---|---|---|---|
| Equity capital | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹35 Cr | ₹35 Cr | ₹36 Cr | ₹36 Cr | ₹37 Cr | ₹40 Cr |
| Borrowings | ₹61 Cr | ₹4 Cr | ₹11 Cr | ₹6 Cr | ₹19 Cr | ₹14 Cr |
| Other liabilities | ₹2 Cr | ₹6 Cr | ₹29 Cr | ₹78 Cr | ₹49 Cr | ₹72 Cr |
| Total liabilities | ₹113 Cr | ₹61 Cr | ₹92 Cr | ₹136 Cr | ₹122 Cr | ₹142 Cr |
| Fixed assets | ₹9 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹12 Cr | ₹6 Cr |
| Capital work in progress | ₹2 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹10 Cr | ₹9 Cr |
| Other assets | ₹100 Cr | ₹46 Cr | ₹75 Cr | ₹119 Cr | ₹99 Cr | ₹128 Cr |
| Total assets | ₹113 Cr | ₹61 Cr | ₹92 Cr | ₹136 Cr | ₹122 Cr | ₹142 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.11 pp while DIIs trimmed −0.10 pp. The shareholder count shrank 2% to 22,083.
- Promoters
- 38.1%
- FIIs
- 0.4%
- Public
- 61.5%
Since Jun 2025
- Public +0.11 pp
- DIIs −0.10 pp
- FIIs −0.02 pp
How it drifted, 12 quarters
Over this window promoters fell from 56.6% to 38.1% — −18.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 56.6%, Public 43.4%.Dec '23: Promoters 56.6%, Public 43.4%.Mar '24: Promoters 56.6%, Public 43.4%.Jun '24: Promoters 38.1%, Public 61.9%.Sep '24: Promoters 38.1%, FIIs 0.4%, Public 61.5%.Dec '24: Promoters 38.1%, FIIs 0.4%, Public 61.5%.Mar '25: Promoters 38.1%, FIIs 0.4%, DIIs 0.5%, Public 61.0%.Jun '25: Promoters 38.1%, FIIs 0.4%, DIIs 0.1%, Public 61.4%.Sep '25: Promoters 38.1%, FIIs 0.4%, DIIs 0.2%, Public 61.3%.Dec '25: Promoters 38.1%, FIIs 0.4%, DIIs 0.2%, Public 61.3%.Mar '26: Promoters 38.1%, FIIs 0.4%, Public 61.5%.Jun '26: Promoters 38.1%, FIIs 0.4%, Public 61.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of VMS INDUSTRIES LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Manojkumar Jain | 25.20% | unchanged |
| Sangeeta Manoj Kumar Jain | 9.37% | unchanged |
| Uma Maheswari | 3.05% | unchanged |
| Varun Manojkumar Jain | 2.55% | unchanged |
| Dipak Kanayalal Shah | 1.38% | unchanged |
| Chandra Prakash | 1.13% | unchanged |
| Vaibhav Manojkumar Jain | 0.98% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse VMS INDUSTRIES LIMITED
Guides on how to read this kind of business and the numbers that matter.