VMS Industries Ltd Stock Analysis

BSE: 533427 | NSE: | Ship Building | Small Cap

BSE Share Price 22-Sep-2023 18:02
27.94 0.72 (2.65%)

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VMS Industries Price Chart

P/E Ratio ( SA) :
20.30
Market Cap :
46 Cr.
52-wk low :
10.4
52-wk high :
35.8
Bole Toh?

1. Is VMS Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that VMS Industries Ltd is a below average quality company.

2. Is VMS Industries Ltd undervalued or overvalued?

The key valuation ratios of VMS Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is VMS Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of VMS Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of VMS Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
VMS Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 2.1%2.1%2.2%3.2%3.1%4.6%7.2%7.9%4.2%-8.1%-
Value Creation Index -0.9-0.9-0.8-0.8-0.8-0.7-0.5-0.4-0.7-1.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12711682.310211411817817615315897
YoY Gr. Rt. %--8.7%-29.1%23.7%12.1%3.3%50.6%-0.6%-13.1%2.8%-
Adj EPS 10.60.40.60.91.12.73.41-4.81.4
YoY Gr. Rt. %--34.7%-37.1%46.2%59.7%19.8%148.6%23.6%-70.5%-587.9%-
BVPS (₹) 29.730.330.731.331.332.233.432.232.833.635.1
Adj Net Profit 1.610.60.91.51.84.55.51.6-82
Cash Flow from Ops. 12.7-1735.2-6.832-20-13.4-40.727.8-11.5-
Debt/CF from Ops. 2.8-3.60.1-1.60-0.7-1.2-1.20.8-2.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.4%6.7%-3.9%2.8%
Adj EPS -219.8%-239.6%-221.2%-587.9%
BVPS1.4%1.4%0.2%2.5%
Share Price 0.7% 10.8% 57.7% 116.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 3.221.31.82.93.48.210.23-14.54
Op. Profit Mgn % -0.50.2-0.4-1.2-0.31.42.92.80.8-6.9-0.9
Net Profit Mgn % 1.20.90.80.91.31.52.53.11.1-52.3
Debt to Equity 0.71.20.10.200.30.30.90.40.6-
Working Cap Days 1631842191692212351942772662080
Cash Conv. Cycle 1001039618-40-40328075430

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.00%

Debt to equity has declined versus last 3 years average to 0.57

Sales growth has been subdued in last 3 years -3.88%

Net Profit has been subdued in last 3 years -221.24%

Sales growth is not so good in last 4 quarters at -45.83%

Latest Financials - VMS Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.4 1.4
TTM Sales (₹ Cr.) 97.4 284
BVPS (₹.) 35.1 0
Reserves (₹ Cr.) 41 40
P/BV 0.80 0.00
PE 20.30 19.36
From the Market
52 Week Low / High (₹) 10.40 / 35.80
All Time Low / High (₹) 5.13 / 135.25
Market Cap (₹ Cr.) 46
Equity (₹ Cr.) 16.5
Face Value (₹) 10
Industry PE 37.2

Management X-Ray of VMS Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *53.6253.6253.6253.6253.6253.6253.6253.6253.6253.62
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of VMS Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

VMS Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of VMS Industries on 22-Sep-2023 18:02 is : 27.94.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Sep-2023 18:02 the market cap of VMS Industries stood at ₹ 46.03.
The latest PE ratio of VMS Industries as of 22-Sep-2023 18:02 is 20.30.
The latest PB ratio of VMS Industries as of 22-Sep-2023 18:02 is 0.80
The 52-week high of VMS Industries is ₹ 35.80 and the 52-week low is ₹ 10.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of VMS Industries is ₹ 97.38 ( Cr.) .

About VMS Industries Ltd

VMS Industries Ltd was originally incorporated under the name of Varun Management  Services Private Limited on 2nd December 1991 with the Registrar of Companies, Gujarat ( Dadar & Nagar Haveli). The name of the company was changed to VMS INDUSTRIES PRIVATE LIMITED with effect from 22nd May 2007. Pursuant to this the Company got converted into a Public Limited Company, the word “Private” was deleted from the name of our Company by necessary resolution passed on 31st December 2009.

Company’s Business ProfileThe company on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off- shore activities

Currently the company is engaged in the following activities :

Ship Recycling Activities:-The Company carries ship-recycling activities at Alang, near Bhavnagar (Gujarat), one of the world largest ship recycling yard. The company have a capacity of accommodating ships upto 40000 M.T. .Till date the company has acquired  numbers of ships for dismantling.

Off-Shore Business Support Activities:- The company entered into the Off shore business activities in 2008 and have Tug of 15 TBP and providing on charter basis in spot market.

Investment in Partnership Firm:- The company entered into a Partnership with Eternal Automobiles (Two wheeler dealership of Honda scooter and motorcycle) in the year 2007. The company have share of 70 % in the Eternal Automobiles and the balance 30% is been hold by Smt. Sangeeta M Jain and other family members.

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