The VMS TMT share price is back in the spotlight on Friday as stock market today witnessed sharp intraday volatility. The small-cap stock, priced under ₹50, opened firm but struggled to hold early gains.
In a market that is moving in quick bursts, VMS TMT is seeing active interest. But the bigger story lies in its latest Q3 FY26 numbers.
Let’s break it down clearly.
Market Performance: VMS TMT Share Price Today
On February 20, the VMS TMT share price opened at ₹49.50 on the BSE.
During the session:
- Intraday High: ₹50.10
- Intraday Low: ₹48.61
The stock initially rose over 1% but later slipped, reflecting broader volatility in the stock market today.
Recent Trend Snapshot
- 1 Week: Down 4.35%
- Last Quarter: Down 22%
- 1 Year: Down 50.29%
Despite recent pressure, the company’s latest quarterly numbers tell a different story.
Main News: Q3 FY26 Earnings Show Sharp Sequential Growth
While price movement remains volatile, the earnings performance has turned heads.
VMS TMT reported strong growth in its unaudited Q3 FY26 results. Sequential improvement stood out, backed by operational efficiency and better plant utilization.
Here’s what changed in Q3.
Financial Performance – Q3 FY26
Revenue / Total Income
- Q3 FY26 Total Income: ₹202.51 crore
- Growth (QoQ): Up 10.6%
The company saw steady expansion in income compared to the previous quarter. This reflects improved throughput and stable demand.
EBITDA
- Q3 EBITDA: ₹17.53 crore
- Growth (QoQ): Up 43.4%
Operating performance improved sharply. Higher plant utilization and operating leverage supported margins.
Net Profit
- Net Profit: ₹8.04 crore
- Growth (QoQ): Up 277.8%
This was the standout number. Profit growth significantly outpaced revenue growth.
Earnings Per Share (EPS)
- EPS: ₹1.62
- Growth: Up 174.6%
The earnings per share expansion reflects strong bottom-line momentum during the quarter.
Nine-Month FY26 Performance
The growth story wasn’t limited to Q3 alone.
For the first nine months of FY26:
- Total Income: ₹598.84 crore
- EBITDA: ₹50.38 crore
- Net Profit: ₹18.74 crore
- EPS: ₹4.67
These numbers indicate steady performance across multiple quarters.
What Drove the Growth?
In its exchange filing, the company highlighted specific operational improvements.
1️. Higher Plant Utilization
Production efficiency improved during Q3. Better utilization directly boosted output and supported margins.
2️. Stable Retail and Institutional Demand
Demand remained consistent across both retail and institutional segments.
3️. Backward Integration Advantage
The company’s billet (CCM) facility strengthened cost control.
It ensured better raw material availability and supported margin improvement.
4️. Strong Dealer Network
- Over 227 dealers
- 3 distributors
- Strong offtake across Gujarat
This retail-led distribution structure helped maintain steady volumes.
5️. Automation at Bhayla Plant
Process optimization and automation improved productivity.
Operating leverage improved as fixed costs were spread across higher production.
6️. Debt Repayment Post IPO
Completion of IPO-related debt repayment improved the balance sheet.
This also helped in reducing finance costs.
7️. 15 MW Captive Solar Project
Progress on the captive solar power project remains on track.
This is expected to lower energy costs once operational.
8️. Robust Order Pipeline
The company reported a steady order pipeline, especially in housing and infrastructure-driven demand.
Company Overview: VMS TMT
VMS TMT operates in the long steel products segment, catering to housing and infrastructure sectors. The company has built a regional distribution base in Gujarat through a retail-focused strategy.
Its backward integration model, dealer network, and plant automation are key operational pillars.
VMS TMT Share Price and Stock Market Today: The Bigger Picture
The VMS TMT share price reflects current market volatility. Price performance over the past year shows a 50.29% decline.
However, recent earnings highlight:
- Sequential revenue growth
- Strong EBITDA expansion
- Sharp jump in net profit
- Improved balance sheet
- Operational efficiency gains
The broader stock market today remains volatile, and small-cap stocks are reacting sharply to both market sentiment and quarterly data.
Summary: VMS TMT Share Price in Focus After Strong Q3 Earnings
Let’s keep it simple.
- The VMS TMT share price opened at ₹49.50.
- It touched ₹50.10 high and ₹48.61 low during intraday trade.
- Weekly and quarterly performance remains under pressure.
- Q3 FY26 results showed:
- 10.6% rise in income
- 43.4% surge in EBITDA
- 277.8% jump in net profit
The numbers show operational strength. The price chart shows volatility.
That’s where things stand in the stock market today.
Source: Livemint
Easy & quick
Leave A Comment?