VMSTMTNSEVMS TMT LimitedHighNeutral
Announced Thu, 12 Feb · 21:08 IST

VMS TMT Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Pat Growth 25pctEbitda Margin ExpansionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

VMS TMT Limited reported Q3 FY26 revenue from operations of Rs 20.21 crore, up about 10% sequentially from Rs 18.31 crore in Q2 FY26. Profit after tax surged to Rs 8.04 crore in Q3 versus Rs 2.13 crore in the previous quarter, a roughly 278% sequential jump driven by lower finance costs and better operating leverage. For the nine months ended December 2025, revenue stood at Rs 59.74 crore and PAT at Rs 18.74 crore, already surpassing the full-year FY25 PAT of Rs 14.74 crore. EPS for Q3 was Rs 1.62 and Rs 4.67 for 9M FY26. The statutory auditor issued an unqualified limited review report; the company recently listed in September 2025, so no prior-year comparison is available. A notable point is a Rs 2.81 crore deviation in IPO proceeds usage, where funds earmarked for loan repayment were temporarily used for working capital due to SVC Bank's delay in closing the term loan account; the loan has since been fully repaid and a no-due certificate obtained. The Monitoring Agency also flagged that the current share price of Rs 51.01 is significantly below the IPO issue price of Rs 99.

Likely market impact

Sharp sequential improvement in profitability and margins is positive for shareholders, but the Rs 2.81 crore IPO fund utilization deviation and a ~48% drop in share price from the Rs 99 issue price may weigh on investor sentiment despite the loan closure and clarification from the company.