About Vms Industries Limited
Data last updated: 15 July 2026
Vms Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in construction materials distribution, a part of the broader metals and mining sector. Incorporated on 02 December 1991, the company has been in operation for over 35 years.
Registered with ROC Ahmedabad under CIN U74140GJ1991PLC016714. Listed on BSE: 533427.
Capital: an authorised share capital of ₹26 Cr and a paid-up capital of ₹24.47 Cr. Formerly known as Varun Management Services Pvt Tld and Vms Industries Private Limited. It is led by directors including Manojkumar Jain and Sangeeta Jain.
Last AGM: 18 September 2025. Financial statements filed for year ended 31 March 2025. Office: 808/ Pinnacle Business Park Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹157.43 Cr, a decline of 45.44% compared to the previous year. The net worth stands at ₹97.16 Cr (up 0.97% YoY). Total assets are valued at ₹161.63 Cr (up 8% YoY).
The company has a workforce of approximately 85 employees as per the latest available data.
The company is associated with 1 brand - Vms Industries. As per MCA filings, the company has open charges of ₹388 Cr and satisfied charges of ₹337.53 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vmsil.in.
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Registered Address808/ Pinnacle Business Park Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
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IndustryMetals and Minerals, Construction Materials Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Vms Industries Limited
Vms Industries Limited has undergone 2 name changes throughout its history. The company was previously known as Varun Management Services Pvt Tld, and Vms Industries Private Limited. The current legal name is Vms Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Vms Industries Limited | Current |
| Varun Management Services Pvt Tld | Previous |
| Vms Industries Private Limited | Previous |
CIN History of Vms Industries Limited
Vms Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140GJ1991PLC016714, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140GJ1991PLC016714 | Current |
| U74140GJ1991PLC016714 | Previous |
| U74140GJ1991PTC016714 | Previous |
Associated Brands with Vms Industries Limited
Vms Industries Limited operates one associated brand: VMS Industries. These brands represent Vms Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Waste recycling services are provided by VMS Industries in India. | vmsil.in |
Competitors & Alternatives of Vms Industries Limited
Brands and companies operating in the same space as Vms Industries Limited include Vertex Energy, Covanta, Coastal Waste & Recycling and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Waste recycling services in the oil industry are provided. | Houston, United States, United States | 2001 |
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Provider of waste recycling services | Morristown, United States, United States | 1983 |
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Solid waste disposal and recycling services are provided. | Pompano Beach, United States, United States | 2017 |
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Waste recycling services are provided across the United States. | Oconomowoc, United States, United States | 1999 |
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Waste treatment services are provided for environmental compliance and remediation. | Atlanta, United States, United States | 1991 |
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Waste recycling services for hard-to-recycle plastics are provided. | Trenton, United States, United States | 2001 |
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CMC is engaged in metal recycling and steel production. | Irving, United States, United States | 1915 |
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Provider of thermal pyrolysis technology solutions for management of waste tyres and plastics | Strasbourg, France, France | 2007 |
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Plastic recycling and resource recovery services are provided globally. | Clifton, United Kingdom, United Kingdom | 2009 |
Business Activity of Vms Industries Limited
Vms Industries Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including metal and metal products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Vms Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Vms Industries Limited
Vms Industries Limited is audited by S N SHAH & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S N SHAH & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Vms Industries Limited
Vms Industries Limited is currently managed by 5 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manojkumar Jain | Managing Director | 01 Apr 2008 | 18 Years 3 Months | Current |
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Sangeeta Jain
Also directs:
Vms Autolink Private Limited
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Whole-Time Director | 01 Apr 2010 | 16 Years 3 Months | Current |
| Dhwani Lalitbhai Nagar | Director | 16 Jul 2025 | 1 Years 0 Months | Current |
| Vinod Kanubhai Rana | Director | 02 Sep 2024 | 1 Years 10 Months | Current |
| Khyati Bhavya Shah | Director | 02 Sep 2024 | 1 Years 10 Months | Current |
Financials of Vms Industries Limited FY 2026 filings available
Vms Industries Limited reported revenue of ₹157.43 Cr (down 45.44% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹157.43 Cr | ₹288.56 Cr | ₹266.37 Cr | ₹140.39 Cr | ₹157.64 Cr | ₹153.28 Cr | ₹176.41 Cr | ₹177.5 Cr |
| Other Income | ₹7.06 Cr | ₹4.74 Cr | ₹4.47 Cr | ₹5.37 Cr | ₹5.5 Cr | ₹4.46 Cr | ₹4.91 Cr | ₹2.5 Cr |
| Total Income | ₹164.49 Cr | ₹293.3 Cr | ₹270.84 Cr | ₹145.76 Cr | ₹163.14 Cr | ₹157.74 Cr | ₹181.33 Cr | ₹180.01 Cr |
| Cost of Materials Consumed | ₹44.62 Cr | ₹151.79 Cr | ₹143.63 Cr | ₹46.4 Cr | ₹81.36 Cr | ₹104.11 Cr | ₹93.87 Cr | ₹107.98 Cr |
| Purchases of Stock-in-Trade | ₹93.92 Cr | ₹145.18 Cr | ₹109.86 Cr | ₹89.73 Cr | ₹72.27 Cr | ₹41.98 Cr | ₹71.43 Cr | ₹57.42 Cr |
| Changes in Inventories | ₹12.47 Cr | -₹26.71 Cr | -₹4.72 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹3.23 Cr | ₹3.65 Cr | ₹2.96 Cr | ₹1.01 Cr | ₹2.14 Cr | ₹2.29 Cr | ₹1.98 Cr | ₹1.94 Cr |
| Finance Costs | ₹3.92 Cr | ₹2.9 Cr | ₹1.64 Cr | ₹1.65 Cr | ₹1.94 Cr | ₹3.03 Cr | ₹1.9 Cr | ₹81.37 Lakh |
| Depreciation & Amortisation | ₹70.73 Lakh | ₹62.97 Lakh | ₹45.19 Lakh | ₹38.36 Lakh | ₹38.19 Lakh | ₹39.29 Lakh | ₹46.08 Lakh | ₹46.97 Lakh |
| Other Expenses | ₹3.5 Cr | ₹6.72 Cr | ₹8.57 Cr | ₹3.61 Cr | ₹3.57 Cr | ₹4.49 Cr | ₹10.74 Cr | ₹8.55 Cr |
| Total Expenses | ₹162.37 Cr | ₹284.17 Cr | ₹262.4 Cr | ₹142.78 Cr | ₹161.66 Cr | ₹156.29 Cr | ₹180.38 Cr | ₹177.18 Cr |
| Profit Before Exceptional Items & Tax | ₹2.12 Cr | ₹9.13 Cr | ₹8.45 Cr | ₹2.98 Cr | ₹1.48 Cr | ₹1.45 Cr | ₹94.07 Lakh | ₹2.83 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹38.73 Lakh | ₹0 |
| Profit Before Tax | ₹2.12 Cr | ₹9.13 Cr | ₹8.45 Cr | ₹2.98 Cr | ₹1.48 Cr | ₹1.45 Cr | ₹1.33 Cr | ₹2.83 Cr |
| Total Tax Expense | ₹65.58 Lakh | ₹2.32 Cr | ₹2.13 Cr | ₹48.59 Lakh | ₹40.22 Lakh | ₹38.98 Lakh | ₹12 Lakh | ₹85.33 Lakh |
| Net Profit | ₹2.93 Cr | ₹6.8 Cr | ₹6.32 Cr | ₹2.5 Cr | ₹1.08 Cr | ₹1.06 Cr | ₹1.21 Cr | ₹1.98 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹6.89 Lakh | -₹6.05 Lakh | ₹16.05 Lakh | ₹0 |
| Total Comprehensive Income | ₹2.93 Cr | ₹6.8 Cr | ₹6.32 Cr | ₹2.5 Cr | ₹1.15 Cr | ₹99.7 Lakh | ₹1.37 Cr | ₹1.98 Cr |
| EBITDA (computed) | ₹6.75 Cr | ₹12.66 Cr | ₹10.54 Cr | ₹5.02 Cr | ₹3.8 Cr | ₹4.87 Cr | ₹3.3 Cr | ₹4.11 Cr |
| Basic EPS | ₹0.60 | ₹2.91 | ₹3.83 | ₹1.52 | ₹0.70 | ₹0.61 | ₹0.83 | ₹1.20 |
| Diluted EPS | ₹0.60 | ₹2.91 | ₹3.83 | ₹1.52 | ₹0.70 | ₹0.61 | ₹0.83 | ₹1.20 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹161.63 Cr | ₹149.66 Cr | ₹171.79 Cr | ₹87.56 Cr | ₹133.83 Cr | ₹102.23 Cr | ₹176.65 Cr | ₹150.9 Cr |
| Non-current Assets | ₹8.22 Cr | ₹9.39 Cr | ₹6.42 Cr | ₹4.94 Cr | ₹8.97 Cr | ₹8.14 Cr | ₹8.33 Cr | ₹17.01 Cr |
| Current Assets | ₹152.89 Cr | ₹140.27 Cr | ₹165.37 Cr | ₹82.61 Cr | ₹124.86 Cr | ₹94.09 Cr | ₹168.32 Cr | ₹133.89 Cr |
| Property, Plant & Equipment | ₹6.54 Cr | ₹7.2 Cr | ₹6.31 Cr | ₹4.87 Cr | ₹5.19 Cr | ₹5.43 Cr | ₹5.55 Cr | ₹5.97 Cr |
| Inventories | ₹14.69 Cr | ₹44.97 Cr | ₹40.9 Cr | ₹2.05 Cr | ₹48.44 Cr | ₹14.62 Cr | ₹79.58 Cr | ₹96.05 Cr |
| Trade Receivables | ₹63.84 Cr | ₹23.7 Cr | ₹33.39 Cr | ₹25.71 Cr | ₹25.7 Cr | ₹19.05 Cr | ₹46.3 Cr | ₹8.09 Cr |
| Cash & Equivalents | ₹15.97 Cr | ₹29.65 Cr | ₹59.3 Cr | ₹18.63 Cr | ₹19.54 Cr | ₹20.53 Cr | ₹19.05 Cr | ₹18.62 Cr |
| Equity (Net Worth) | ₹97.16 Cr | ₹96.23 Cr | ₹63.93 Cr | ₹57.69 Cr | ₹55.32 Cr | ₹54 Cr | ₹53.16 Cr | ₹55.35 Cr |
| Equity Share Capital | ₹24.47 Cr | ₹24.47 Cr | ₹16.47 Cr | ₹16.47 Cr | ₹16.47 Cr | ₹16.47 Cr | ₹16.47 Cr | ₹16.47 Cr |
| Borrowings (Non-current) | ₹1.49 Cr | ₹2.27 Cr | ₹2.8 Cr | ₹3.11 Cr | ₹4.52 Cr | ₹5.45 Cr | ₹11.41 Lakh | ₹21.13 Lakh |
| Borrowings (Current) | ₹27.96 Cr | ₹12.63 Cr | ₹19.63 Cr | ₹25.94 Cr | ₹27.13 Cr | ₹16.91 Cr | ₹48.24 Cr | ₹16.03 Cr |
| Total Debt (computed) | ₹29.45 Cr | ₹14.9 Cr | ₹22.43 Cr | ₹29.04 Cr | ₹31.65 Cr | ₹22.36 Cr | ₹48.35 Cr | ₹16.24 Cr |
| Current Liabilities | ₹62.35 Cr | ₹50.55 Cr | ₹104.46 Cr | ₹26.17 Cr | ₹73.42 Cr | ₹42.23 Cr | ₹122.83 Cr | ₹94.65 Cr |
| Total Liabilities | ₹64.47 Cr | ₹53.44 Cr | ₹107.86 Cr | ₹29.87 Cr | ₹78.51 Cr | ₹48.23 Cr | ₹123.5 Cr | ₹95.55 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹31.3 Cr | -₹46.47 Cr | ₹46.61 Cr | -₹5.54 Cr | -₹11.48 Cr |
| Investing Cash Flow | ₹7 Cr | ₹3.07 Cr | ₹2.36 Cr | ₹8.9 Cr | ₹3.13 Cr |
| Financing Cash Flow | ₹10.63 Cr | ₹13.74 Cr | -₹8.3 Cr | -₹4.26 Cr | ₹7.35 Cr |
| Capital Expenditure | ₹4.81 Lakh | ₹1.75 Cr | ₹2.14 Cr | ₹0 | ₹19.03 Lakh |
| Free Cash Flow (computed) | -₹31.35 Cr | -₹48.22 Cr | ₹44.46 Cr | -₹5.54 Cr | -₹11.67 Cr |
| Dividends Paid | ₹0 | ₹1.22 Cr | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹13.68 Cr | -₹29.65 Cr | ₹40.67 Cr | -₹90.14 Lakh | -₹99.26 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹50.3 Cr | ₹24.91 Cr | ₹42.58 Cr | ₹39.64 Cr | ₹52.1 Cr | ₹33.56 Cr | ₹97.47 Cr | ₹105.42 Cr |
| Other Income | ₹2.19 Cr | ₹2.08 Cr | ₹1.26 Cr | ₹1.54 Cr | ₹1.18 Cr | ₹73.8 Lakh | ₹2.65 Cr | ₹18.01 Lakh |
| Total Income | ₹52.48 Cr | ₹26.99 Cr | ₹43.83 Cr | ₹41.18 Cr | ₹53.28 Cr | ₹34.29 Cr | ₹100.12 Cr | ₹105.6 Cr |
| Cost of Materials Consumed | ₹13.11 Cr | ₹1.61 Cr | ₹10.95 Cr | ₹18.96 Cr | ₹34.08 Cr | ₹8.58 Cr | ₹41.46 Cr | ₹67.66 Cr |
| Purchases of Stock-in-Trade | ₹38.89 Cr | ₹20.56 Cr | ₹19.74 Cr | ₹14.73 Cr | ₹12.64 Cr | ₹38.14 Cr | ₹59.29 Cr | ₹35.11 Cr |
| Changes in Inventories | -₹3.05 Cr | ₹1.41 Cr | ₹10.44 Cr | ₹3.66 Cr | -₹2.94 Cr | -₹15.61 Cr | -₹5.58 Cr | -₹2.57 Cr |
| Employee Benefit Expense | ₹89.5 Lakh | ₹57.32 Lakh | ₹72.4 Lakh | ₹1.04 Cr | ₹75.89 Lakh | ₹1.06 Cr | ₹88.96 Lakh | ₹94.73 Lakh |
| Finance Costs | ₹1.27 Cr | ₹1.46 Cr | ₹33 Lakh | ₹86.7 Lakh | ₹12.92 Lakh | -₹4.54 Lakh | ₹1.41 Cr | ₹1.4 Cr |
| Depreciation & Amortisation | ₹14.91 Lakh | ₹18.28 Lakh | ₹18.28 Lakh | ₹19.26 Lakh | ₹12.36 Lakh | ₹14.96 Lakh | ₹15.42 Lakh | ₹20.23 Lakh |
| Other Expenses | ₹70.44 Lakh | ₹84.74 Lakh | ₹82.08 Lakh | ₹1.13 Cr | ₹1.64 Cr | ₹1.58 Cr | ₹1.52 Cr | ₹1.98 Cr |
| Total Expenses | ₹51.96 Cr | ₹26.65 Cr | ₹43.19 Cr | ₹40.57 Cr | ₹46.44 Cr | ₹33.85 Cr | ₹99.15 Cr | ₹104.74 Cr |
| Profit Before Exceptional Items & Tax | ₹51.99 Lakh | ₹34.74 Lakh | ₹64.4 Lakh | ₹60.73 Lakh | ₹6.85 Cr | ₹44.43 Lakh | ₹97.37 Lakh | ₹86.44 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹51.99 Lakh | ₹34.74 Lakh | ₹64.4 Lakh | ₹60.73 Lakh | ₹6.85 Cr | ₹44.43 Lakh | ₹97.37 Lakh | ₹86.44 Lakh |
| Total Tax Expense | ₹22.45 Lakh | ₹8.26 Lakh | ₹17.61 Lakh | ₹17.26 Lakh | ₹1.71 Cr | ₹10.89 Lakh | ₹25.18 Lakh | ₹25.83 Lakh |
| Net Profit | ₹29.54 Lakh | ₹26.48 Lakh | ₹46.79 Lakh | ₹43.47 Lakh | ₹5.14 Cr | ₹33.54 Lakh | ₹72.19 Lakh | ₹60.61 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹29.54 Lakh | ₹26.48 Lakh | ₹46.79 Lakh | ₹43.47 Lakh | ₹5.14 Cr | ₹33.54 Lakh | ₹72.19 Lakh | ₹60.61 Lakh |
| EBITDA (computed) | ₹1.94 Cr | ₹1.99 Cr | ₹1.16 Cr | ₹1.67 Cr | ₹7.1 Cr | ₹54.85 Lakh | ₹2.54 Cr | ₹2.47 Cr |
| Basic EPS | ₹0.12 | ₹0.11 | ₹0.77 | ₹0.71 | ₹2.20 | ₹0.14 | ₹0.31 | ₹0.26 |
| Diluted EPS | ₹0.12 | ₹0.11 | ₹0.77 | ₹0.71 | ₹2.20 | ₹0.14 | ₹0.31 | ₹0.26 |
| Segment · Q4 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing | ₹44.57 Cr | ₹8.26 Cr | ₹56.17 Cr | ₹35.44 Cr |
| Trading | ₹7.53 Cr | -₹88.42 Lakh | ₹91.32 Cr | ₹17.96 Cr |
| Segment · FY 2025 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing | ₹170.41 Cr | ₹9.91 Cr | - | - |
| Trading | ₹118.15 Cr | ₹2.52 Cr | - | - |
Charges & Borrowings of Vms Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2024 | Axis Bank Limited | ₹30 Cr | Open |
| 30 Dec 2021 | Others | ₹179 Cr | Open |
| 12 Dec 2011 | Others | ₹179 Cr | Open |
| 31 Mar 2023 | Hdfc Bank Limited | ₹50 Cr | Satisfied |
| 17 Dec 2019 | Others | ₹80 Lakh | Satisfied |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Vms Industries Limited
View historical data on people associated with Vms Industries Limited, including employment history and EPFO contributions.
Employee and EPFO history for Vms Industries Limited
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GST Compliance of Vms Industries Limited
GST registrations and filing compliance for Vms Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vms Industries Limited
Credit ratings, litigation, and regulatory alerts for Vms Industries Limited
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MSME Payment Delays by Vms Industries Limited
MSME payment history for Vms Industries Limited
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Subsidiaries & Group Companies of Vms Industries Limited
Corporate group structure for Vms Industries Limited
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MCA Filings & Documents of Vms Industries Limited
MCA filings and documents for Vms Industries Limited
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Recent Activity on Vms Industries Limited
Frequently Asked Questions about Vms Industries Limited
Vms Industries Limited is an active public limited company in the metals and minerals sector based in Ahmedabad, Gujarat, India. It was incorporated on 02 December 1991 (35+ years old) and is registered under CIN L74140GJ1991PLC016714. Listed on BSE: 533427. The company has 85 employees.
Vms Industries Limited reported revenue of ₹157.43 Cr for FY 2026 (down 45.44% YoY) based on standalone BSE filings.
The current directors of Vms Industries Limited are:
- Manojkumar Jain - Managing Director
- Sangeeta Jain - Whole-Time Director
- Dhwani Lalitbhai Nagar - Director
- Vinod Kanubhai Rana - Director
- Khyati Bhavya Shah - Director
The primary industry of Vms Industries Limited is metals and minerals. The company specifically operates in construction materials retail and distribution. The company is currently active in this sector.
Yes. Vms Industries Limited is listed on BSE with code 533427.
Vms Industries Limited can be reached at the registered office: 808 Pinnacle Business Park Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015, or through the website vmsil.in.