VMS Industries
BSE: VMS · Port & Port services
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock VMS Industries's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
VMS Industries Limited is an Indian company specialising in ship recycling and offshore support services. Based in Ahmedabad, the company operates primarily at the Alang ship-breaking yard, dismantling decommissioned vessels to supply scrap metal to the secondary steel market.
Business Model
The company generates revenue by acquiring decommissioned marine vessels and dismantling them to recover various grades of scrap metal, including melting scrap, re-rollable scrap, and cast iron. Additionally, it derives income through offshore support services and the trading of various commodities.
Growth Outlook
Growth is driven by the company's role as a key supplier of raw materials to the secondary steel market and its diversification into offshore support services. Future performance remains linked to the availability of decommissioned vessels and fluctuations in global scrap metal prices.
Key Risks
- Commodity Price Volatility. The company's profitability is highly sensitive to fluctuations in global scrap metal prices and the cost of acquiring decommissioned vessels.
- Regulatory and Environmental Compliance. Ship recycling operations are subject to stringent environmental and safety regulations, which may increase operational costs or lead to legal liabilities.
- Operational Hazards. The ship-breaking industry involves high-risk manual labour and heavy machinery, posing significant health and safety risks to the workforce.
- Supply Chain Dependency. The business model relies on the consistent availability of decommissioned marine vessels, which is influenced by global shipping cycles and maritime trade trends.
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Key Metrics
REVENUE
₹157 Cr
TTM · standalone
NET PROFIT
₹1 Cr
TTM · standalone
EPS
₹1.71
TTM · standalone
RETURN ON EQUITY
1.5%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
6.1%
TTM · standalone
P/E
13.3x
Q4 FY26 · standalone
EV/EBITDA
8.8x
Q4 FY26 · standalone
EBITDA MARGIN
4.3%
TTM · standalone
NET PROFIT MARGIN
0.6%
Q4 FY26 · standalone
DEBT TO EQUITY
0.3x
Q4 FY26 · standalone
Peers · Port & Port services
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
VMS IndustriesVMS | ₹45 Cr | 10.67 | 8.61 | -45.4% | 4.3% | 1.5% | 6.1% | -46.5% |
Adani Ports and Special Economic Zone Ltd.ADANIPORTS | ₹3.93L Cr | 29.14 | 16.68 | 23.8% | 65.7% | 16.6% | 14.4% | +30.1% |
JSW Infrastructure Ltd.JSWINFRA | ₹79,907 Cr | 48.17 | 28.42 | 19.0% | 53.9% | 14.7% | 13.5% | +15.9% |
Gujarat Pipavav Port LimitedGPPL | ₹8,158 Cr | 14.60 | 9.67 | 25.0% | 67.9% | 23.6% | 28.4% | +13.2% |
Allcargo Terminals LimitedATL | ₹682 Cr | 17.56 | 3.70 | 12.3% | 21.4% | 13.4% | 11.5% | +0.1% |
As of Q4 FY26
Financials
VMS Industries
BSE: VMS · Port & Port services
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock VMS Industries's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
VMS Industries Limited is an Indian company specialising in ship recycling and offshore support services. Based in Ahmedabad, the company operates primarily at the Alang ship-breaking yard, dismantling decommissioned vessels to supply scrap metal to the secondary steel market.
Business Model
The company generates revenue by acquiring decommissioned marine vessels and dismantling them to recover various grades of scrap metal, including melting scrap, re-rollable scrap, and cast iron. Additionally, it derives income through offshore support services and the trading of various commodities.
Growth Outlook
Growth is driven by the company's role as a key supplier of raw materials to the secondary steel market and its diversification into offshore support services. Future performance remains linked to the availability of decommissioned vessels and fluctuations in global scrap metal prices.
Key Risks
- Commodity Price Volatility. The company's profitability is highly sensitive to fluctuations in global scrap metal prices and the cost of acquiring decommissioned vessels.
- Regulatory and Environmental Compliance. Ship recycling operations are subject to stringent environmental and safety regulations, which may increase operational costs or lead to legal liabilities.
- Operational Hazards. The ship-breaking industry involves high-risk manual labour and heavy machinery, posing significant health and safety risks to the workforce.
- Supply Chain Dependency. The business model relies on the consistent availability of decommissioned marine vessels, which is influenced by global shipping cycles and maritime trade trends.
Start your research today
Unlock AI insights, financials, peers and live data on VMS Industries and 5,000+ companies — free.
Key Metrics
REVENUE
₹157 Cr
TTM · standalone
NET PROFIT
₹1 Cr
TTM · standalone
EPS
₹1.71
TTM · standalone
RETURN ON EQUITY
1.5%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
6.1%
TTM · standalone
P/E
13.3x
Q4 FY26 · standalone
EV/EBITDA
8.8x
Q4 FY26 · standalone
EBITDA MARGIN
4.3%
TTM · standalone
NET PROFIT MARGIN
0.6%
Q4 FY26 · standalone
DEBT TO EQUITY
0.3x
Q4 FY26 · standalone
Peers · Port & Port services
As of Q4 FY26