VMS TMT Limited Receives Credit Rating Reaffirmation from Infomerics
Ahmedabad, India – March 30, 2026: VMS TMT Limited ('VMS'), a leading steel and TMT bar manufacturer, announced today that credit ratings for its bank facilities have been reaffirmed by Infomerics Valuation and Rating Ltd. The reaffirmation reflects the company’s stable financial profile and consistent operational performance.The total bank facilities rated amount to ₹273.93 crore, comprising long-term and short-term facilities.
Here’s a breakdown of the reaffirmed ratings:
| Facility | Amount (₹ crore) | Rating | Outlook |
|---|---|---|---|
| Long-term Bank Facilities | 154.83 | IVR BBB | Stable |
| Short-term Bank Facilities | 119.10 | IVR A3+ |
The reaffirmed ratings underscore VMS TMT’s strong credit fundamentals, prudent financial management, and stable business outlook. The ‘Stable’ outlook indicates continued confidence in the company’s ability to maintain its operational and financial performance in the near to medium term.
The rating action considers VMS TMT’s consistent operating performance, stable revenue visibility, and established presence in the steel industry. It also reflects the company’s ability to manage working capital and maintain relationships with banking partners.
The reaffirmed ratings are expected to enhance stakeholder confidence and support VMS TMT’s future expansion plans.
VMS TMT Limited manufactures and distributes high-quality TMT bars for infrastructure, construction, and real estate sectors.
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