VMS TMT Limited — Investor Meet, 24-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

VMS TMT Limited held a Q1 FY27 earnings conference call to discuss financial results and business updates. Management highlighted a positive start to the financial year with a focus on manufacturing integration and operational efficiency. Key developments include the commissioning of a billet manufacturing facility and progress on a captive solar power plant. The company reported a 16.16% year-on-year revenue growth for Q1 FY27, reaching 247.88 crores. Management expressed confidence in the supportive demand environment for infrastructure and real estate.

Margins were compressed in Q1 FY27 due to rising scrap prices, a key imported raw material, with TMT prices not increasing proportionally. Management expects margins to improve in Q3 and Q4, particularly with the expected commissioning of the 15 MW solar power plant, which aims to save approximately 10 crores annually. The company continues to focus on strengthening its dealer network in Gujarat and plans to expand post the proposed amalgamation with Aditya Ultra Steel. Growth drivers include increasing capacity utilization and strengthening market presence, with a target of INR2000 crores+ top line in the coming years. The overall sentiment is positive, with management focused on long-term value creation.