VMS TMT ipo date, Share Price Target 2025, 2026, 2030, 2040, 2050

VMS TMT makes and sells TMT bars, which are strong steel rods used in building and construction. The company has a factory in Bhayla Village, Ahmedabad, Gujarat, where it changes steel scrap into billets and then into TMT bars. This helps them save money and keep their products strong and reliable. Most of their earnings come from TMT bars, but they also sell other products like billets, scrap, and binding wires. It works with Kamdhenu Limited and sells its products in Gujarat under the well-known “Kamdhenu NXT” brand, which helps them reach more people.

What is VMS TMT Ltd NSE: VMSTMT?

VMS TMT is a steel company established in 2013 in Ahmedabad, Gujarat, by Mr. Vimal Goyal. The company makes TMT bars, steel billets, binding wire, and also deals with scrap metal. Its factory is in Bhayla Village near Bavla, and it can produce up to 2 lakh tonnes of TMT bars every year. It also makes its own steel billets, which helps lower costs and reduces the need to buy from others. Most of its business is in Gujarat, where it has a strong network of over 227 dealers and 3 main distributors. The company sells its TMT bars under the “Kamdhenu NXT” brand through a licence from Kamdhenu.

VMS TMT Share Price

VMS TMT Share Price Target 2025

The company is in the growing steel bars and rods market and has been showing good growth in sales and profit. It has good relations with its customers, and it has had many big clients for years, which shows they trust its products. Most of its business comes from Gujarat, where it sells under the well-known Kamdhenu brand, helping it reach more people easily. To grow further, it has built a network of distributors and many dealers across central, north, and south Gujarat. This setup helps the company serve both city and small-town customers, provide fast service, deliver products directly to them, and expand its market reach, which supports its growth and plans. In 2025, its share price target would be ₹220, as per stock market analysts.

According to stock market analysts, its share price would be between ₹76 to ₹220 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	76	220

Month	Minimum Price  (Rs)	Maximum Price (Rs)
September	81	142
October	76	172
November	110	213
December	135	220

VMS TMT share price Target 2026

The company has completed a project that helps it to make TMT bars directly from scrap, so it does not have to depend much on billets. It has set up a 30-tonne furnace to produce billets in large quantities and also built a substation to keep its work running smoothly without power cuts. The company has received ISO certificates for quality, safety, and environment, which shows it follows good standards. Its profit after tax has also grown steadily in recent years, showing better results and business growth. In 2026, its share price target would be ₹403, as per stock market analysts.

Its share price would be between ₹207 to ₹403 in 2026, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	207	403

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	207	272
February	217	284
March	220	297
April	224	303
May	235	317
June	237	328
July	242	337
August	247	340
September	260	357
October	266	375
November	288	384
December	300	403

Share price Target 2027

The company is mainly involved in making strong Thermo Mechanically Treated (TMT) steel bars, which are very important in the construction industry. These bars give strength and safety to buildings and structures. The company also sells scrap and binding wires. The manufacturing unit is located in Bhayla Village, near Bavla in Ahmedabad district, Gujarat. This location is good for the quick and easy distribution of products in Gujarat and nearby states. In 2027, its share price target would be ₹, as per stock market analysts.

According to stock market analysts, its share price would be between ₹378 to ₹620 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	378	620

Share price Target 2028

The company has built a wide distribution network to sell its products. It works with 3 distributors and 227 dealers on a non-exclusive basis. It is not tied to just one partner and can reach more customers freely. This network helps the company deliver its products on time to both small and large projects in Gujarat and other states. It has so many distributors and dealers that give the company a strong advantage in supplying construction material without delays. In 2028, its share price target would be ₹835, as per stock market analysts.

Its share price would be between ₹597 to ₹835 in 2028, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	597	835

Share price Target 2029

On November 7, 2022, it signed a retail license agreement with Kamdhenu Limited. Through this agreement, the company can sell its TMT bars under the brand name “Kamdhenu NXT” within Gujarat. Kamdhenu is already a trusted brand in the steel and construction market, and by using its name, it gains more recognition and trust from customers. This agreement has helped the company increase its reach and market strength in Gujarat. In 2029, its share price target would be ₹1052, as per stock market analysts.

According to stock market analysts, its share price would be between ₹812 to ₹1052 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	812	1052

VMS TMT share price Target 2030

The company has a team of 230 permanent employees. These employees are managed by an experienced management team that takes care of production and business growth. The workers help in maintaining high-quality production, while the management focuses on expanding the company and making good business decisions. This teamwork ensures the company continues to run smoothly and meet market demand. In 2030, its share price target would be ₹1300, as per stock market analysts.

Its share price would be between ₹1035 to ₹1300 in 2030, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1035	1300

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1035	1113
February	1039	1122
March	1052	1152
April	1044	1160
May	1050	1167
June	1062	1175
July	1064	1190
August	1073	1200
September	1085	1210
October	1102	1233
November	1120	1250
December	1140	1300

Share Price Target 2040

The company mainly focuses its sales in Tier II and Tier III cities, where construction is growing fast. A large share of its revenue comes from Gujarat. In Fiscal 2024, about 98.78% of the company’s revenue came from Gujarat. In Fiscal 2023, it was 98.43%, and in Fiscal 2022, it was 99.19%. This shows that Gujarat is the strongest market for the company, and most of its sales are concentrated there. In 2040, its share price target would be ₹3422, as per stock market analysts.

According to stock market analysts, its share price would be between ₹3147 to ₹3422 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	3147	3422

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3147	3267
February	3162	3280
March	3164	3300
April	3170	3312
May	3180	3330
June	3204	3352
July	3226	3374
August	3254	3390
September	3274	3411
October	3290	3455
November	3325	3471
December	3358	3422

Share Price Target 2050

The company’s financial performance is mixed because its revenue has fallen, but its profit after tax has increased. Its assets, income, profit, and EBITDA show that the business is running steadily. The net worth has gone up over time, which means the company is becoming stronger. But it also has a large amount of debt, which shows it relies on loans to manage and grow its business. In 2050, its share price target would be ₹7784, as per stock market analysts.

Its share price would be between ₹7360 to ₹7784 in 2050, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	7360	7784

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	7360	7470
February	7371	7484
March	7388	7510
April	7411	7530
May	7430	7550
June	7437	7562
July	7452	7584
August	7480	7610
September	7472	7631
October	7522	7650
November	7553	7682
December	7611	7784

Should I buy VMS TMT stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	76	220
2026	207	403
2027	378	620
2028	597	835
2029	812	1052
2030	1035	1300
2040	3147	3422
2050	7360	7784

It makes strong steel bars, which are very important for building and construction. The company also sells scrap and binding wires. Its factory is in Bhayla Village, Ahmedabad, which makes it easy to deliver products across Gujarat and nearby areas. It has a good network of distributors and many dealers, so its products reach both small and large customers quickly. Even though its revenue has gone down a little, its profit has gone up, and its net worth has grown over time. But the company has a lot of debt, which means it depends on loans to run and grow. Overall, it has a strong market presence, good distribution, and a trusted brand, but investors should be careful about its debt and risks.

VMS TMT earnings results (Financials)

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	175	225	494	882	873
Expenses +	172	222	478	860	831
Operating Profit	3	3	16	22	41
OPM %	2%	1%	3%	2%	5%
Other Income +	0	0	0	0	0
Interest	2	2	6	13	18
Depreciation	0	0	1	4	4
Profit before tax	1	1	9	6	19
Tax %	26%	26%	24%	24%	30%
Net Profit +	1	1	7	4	13
EPS in Rs

Is VMS TMT stock good to buy? (bull case & bear case)

Bull Case:

• The company has a strong presence in Gujarat, and it generates over 98% of its revenue from this region.
• It has a partnership with Kamdhenu Limited, the well-known ‘Kamdhenu NXT’ brand.
• The company is focusing on in-house billet production to reduce dependency on external suppliers, potentially improving margins.
• The company is working to reduce debt, which could improve financial stability and strengthen its balance sheet.
• The company has a good return on equity (ROE) track record: 3 Years ROE 31.2%

Bear Case:

• Revenue has decreased recently, raising concerns about growth prospects.
• Despite a rise in profit after tax (PAT), the company’s profit margins remain relatively low, which could impact investor returns.

Conclusion

It makes strong steel bars and also sells scrap and binding wires. Its factory is in Bhayla Village, Ahmedabad, which makes it easy to deliver products, mostly in Gujarat, where it earns most of its money. The company works with Kamdhenu Limited and sells bars under the trusted “Kamdhenu NXT” brand. It has many distributors and dealers to quickly reach both small and large customers. It also makes its own billets to save costs and improve profits. Even though its revenue has dropped a little, its profit and net worth have grown. The company has some debt, but it has a strong market presence and good potential to grow.

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