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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
VMS Industries reported strong full-year revenue growth with total income rising to Rs 29,330.31 Lakhs from Rs 16,449.28 Lakhs in the previous year, representing an 83% increase. Net profit for FY26 stood at Rs 680.45 Lakhs compared to Rs 146.29 Lakhs in FY25, marking a 365% PAT growth. However, Q4 FY26 showed a sequential decline with net profit dropping to Rs 29.55 Lakhs from Rs 514.11 Lakhs in Q4 FY25. The auditor issued a clean/unmodified opinion with an emphasis of matter regarding the company's non-provision for gratuity, citing management's position that no employees were eligible. Debt-equity ratio increased to 0.66 from 0.56, and interest service coverage ratio declined to 2.12 from 7.08.
The significant jump in annual revenue and PAT reflects strong operational performance, but deteriorating Q4 results and compressed margins warrant caution. The rising debt levels and declining interest coverage ratio may concern investors regarding financial leverage.