BSE:533427

Stock Analysis Report

Executive Summary

VMS Industries Limited engages in ship recycling activities in India.

Snowflake

Adequate balance sheet with acceptable track record.

Share Price & News

How has VMS Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 533427's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.3%

533427

-1.3%

IN Infrastructure

-1.1%

IN Market


1 Year Return

5.2%

533427

9.5%

IN Infrastructure

5.5%

IN Market

Return vs Industry: 533427 underperformed the Indian Infrastructure industry which returned 9.5% over the past year.

Return vs Market: 533427 matched the Indian Market which returned 5.5% over the past year.


Shareholder returns

533427IndustryMarket
7 Day7.3%-1.3%-1.1%
30 Day6.4%-4.4%5.8%
90 Day27.7%6.9%9.0%
1 Year5.2%5.2%10.1%9.5%7.6%5.5%
3 Year9.7%9.7%16.1%13.7%32.3%25.6%
5 Year-30.4%-30.4%14.6%10.7%39.1%26.3%

Price Volatility Vs. Market

How volatile is VMS Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is VMS Industries undervalued compared to its fair value and its price relative to the market?

13.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 533427's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 533427's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 533427 is good value based on its PE Ratio (13.2x) compared to the Infrastructure industry average (13.2x).

PE vs Market: 533427 is good value based on its PE Ratio (13.2x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533427's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 533427 is overvalued based on its PB Ratio (0.6x) compared to the IN Infrastructure industry average (0.4x).


Next Steps

Future Growth

How is VMS Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 533427's forecast earnings growth (15.1% per year) is above the savings rate (7.6%).

Earnings vs Market: 533427's earnings (15.1% per year) are forecast to grow slower than the Indian market (18.9% per year).

High Growth Earnings: 533427's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 533427's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 533427's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 533427's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has VMS Industries performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 533427 has a high level of non-cash earnings.

Growing Profit Margin: 533427's current net profit margins (0.8%) are lower than last year (1.1%).


Past Earnings Growth Analysis

Earnings Trend: 533427's earnings have grown significantly by 26.6% per year over the past 5 years.

Accelerating Growth: 533427's earnings growth over the past year (34.4%) exceeds its 5-year average (26.6% per year).

Earnings vs Industry: 533427 earnings growth over the past year (34.4%) exceeded the Infrastructure industry 19.9%.


Return on Equity

High ROE: 533427's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is VMS Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 533427's short term assets (₹1.5B) exceeds its short term liabilities (₹1.1B)

Long Term Liabilities: 533427's short term assets (1.5B) exceeds its long term liabilities (9.7M)


Debt to Equity History and Analysis

Debt Level: 533427's debt to equity ratio (47%) is considered high

Reducing Debt: 533427's debt to equity ratio has reduced from 118.3% to 47% over the past 5 years.

Debt Coverage: 533427's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 533427's interest payments on its debt are well covered by EBIT (19.9x coverage).


Balance Sheet

Inventory Level: 533427 has a high level of physical assets or inventory.

Debt Coverage by Assets: 533427's debt is covered by short term assets (assets are 5.4x debt).


Next Steps

Dividend

What is VMS Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.4%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 533427's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 533427's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 533427's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533427's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533427's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of VMS Industries's salary, the management and board of directors tenure and is there insider trading?

9.9yrs

Average board tenure


CEO

Manoj Kumar Jain (58yo)

7.3yrs

Tenure

0

Shri. Manoj Kumar A. Jain has been Managing Director of VMS Industries Limited since July 20, 2012. Shri. Jain serves as the Chairman of VMS Industries Limited and has been its Executive Non-Independent Di ...


CEO Compensation Analysis

Compensation vs Market: Manoj Kumar's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD33.63K).

Compensation vs Earnings: Manoj Kumar's compensation has been consistent with company performance over the past year.


Board Age and Tenure

9.9yrs

Average Tenure

59yo

Average Age

Experienced Board: 533427's board of directors are considered experienced (9.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Sangeeta Jain (51yo)

    Whole Time Director

    • Tenure: 27.9yrs
  • Manoj Kumar Jain (58yo)

    Chairman & MD

    • Tenure: 7.3yrs
  • Hemal Patel (32yo)

    Company Secretary & Compliance Officer

    • Tenure: 9.8yrs
  • Himanshu Shah

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Hitesh Loonia (35yo)

    Non-Executive Independent Director

    • Tenure: 9.9yrs
  • Sangeeta Jain (51yo)

    Whole Time Director

    • Tenure: 27.9yrs
  • Ajit Kumar Jain (83yo)

    Non-Executive Non-Independent Director

    • Tenure: 14.2yrs
  • Manoj Kumar Jain (58yo)

    Chairman & MD

    • Tenure: 7.3yrs
  • Bakul Mehta (66yo)

    Non-Executive Independent Director

    • Tenure: 9.9yrs
  • Pranavkumar Parikh (60yo)

    Non-Executive Independent Director

    • Tenure: 9.6yrs

Company Information

VMS Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VMS Industries Limited
  • Ticker: 533427
  • Exchange: BSE
  • Founded: 1991
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: ₹315.465m
  • Shares outstanding: 16.47m
  • Website: https://www.vmsil.com

Number of Employees


Location

  • VMS Industries Limited
  • 808/C, Pinnacle Business Park
  • Corporate Road
  • Ahmedabad
  • Gujarat
  • 380015
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533427BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2011

Biography

VMS Industries Limited engages in ship recycling activities in India. It also trades in ferrous and nonferrous metals. The company was formerly known as Varun Management Services Pvt. Ltd and changed its n ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 12:53
End of Day Share Price2019/11/07 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.