Outcome of Board Meeting held on 28.05.2026 for approval of Fy 2025-26 with 4th quarter ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
VMS Industries Ltd reported audited financial results for FY2025-26 (year ended March 31, 2026). Revenue from operations declined significantly to Rs 15,743.05 Lakhs from Rs 28,855.88 Lakhs in the previous year. Net profit after tax dropped to Rs 146.29 Lakhs from Rs 680.45 Lakhs in FY25. Q4 FY26 revenue was Rs 5,029.80 Lakhs with net profit of Rs 29.55 Lakhs. The auditor S N Shah & Associates issued an unqualified opinion with an emphasis of matter regarding the company's contention that no gratuity provision was required as no employees were eligible. The company also disclosed related party transactions for the period October 1, 2025 to March 31, 2026. Operating margin compressed from 3.72% to 2.95% year-over-year.
The sharp revenue decline of approximately 45% and PAT drop of 79% YoY signal significant operational challenges. The compressed margins and negative operating cash flow of Rs 3,130.28 Lakhs (due to large working capital tied up in receivables and inventory) could concern shareholders.