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:

25405.30

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83239.47

-48.10 (-0.19%)
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Nifty
Sensex

:
:

25405.30
83239.47

-48.10 (-0.19%)
-170.22 (-0.20%)

V.S.T. Tillers Tractors Ltd.

Automobiles-Tractors

Rating :

51/99

BSE: 531266 | NSE: VSTTILLERS

Watchlist

NSE BSE

4040.70

03-Jul-2025

Open
High
Low
Previous Close

3969.9
4099.9
3955
3940.30

Volume
Traded Value (lacs)
52 Week High
52 Week Low

46967
189604224.7
5429.95
3082

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

3,496.02
36.71
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

3,421.31
0.49%
3.41

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

5.79
12.23
4.27

EBITDA CAGR (%)

10 Years
5 Years
3 Years

2.19
48.09
-0.02

PAT CAGR (%)

10 Years
5 Years
3 Years

5.74
46.49
6.96

P:E (Median)

8 Years
5 Years
3 Years

31.05
31.05
31.05

P:BV (Average)

8 Years
5 Years
3 Years

2.56
2.56
2.56

EV:EBITDA (Average)

8 Years
5 Years
3 Years

14.62
14.62
14.62

Earnings Forecasts:

(Updated: 06-06-2025)

Description 2024 2025 2026 2027
Adj EPS 140.13 107.6 138.38 169.8
P/E Ratio 28.84 37.55 29.20 23.80
Revenue 963 995 1150 1296
EBITDA 124 149 120 173
Net Income 121 93 109 122
ROA 10.7 7.7 12.3 13.7
P/B Ratio 3.78 3.49 3.21 2.90
ROE 13.85 9.66 10.25 12
FCFF 45 59
FCFF Yield 1.61 2.12
Net Debt -483 -491 -449 -499
BVPS 1069.58 1159.11 1257.84 1393.67

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var%
Net Sales 301.43 273.44 10.24% 219.10 169.96 28.91% 283.43 278.51 1.77% 190.59 246.14 -22.57%
Expenses 261.06 233.61 11.75% 199.55 160.42 24.39% 245.64 235.40 4.35% 177.21 214.43 -17.36%
EBITDA 40.37 39.83 1.36% 19.55 9.54 104.93% 37.79 43.11 -12.34% 13.38 31.71 -57.81%
EBIDTM 13.39% 14.57% 8.92% 5.61% 13.33% 15.48% 7.02% 12.88%
Other Income -0.92 10.39 - -8.85 18.16 - 26.76 13.91 92.38% 21.32 18.12 17.66%
Interest 0.41 0.52 -21.15% 0.48 0.59 -18.64% 0.56 0.48 16.67% 0.51 0.56 -8.93%
Depreciation 6.39 6.67 -4.20% 6.38 6.78 -5.90% 6.46 6.88 -6.10% 6.25 6.68 -6.44%
PBT 32.65 43.03 -24.12% 3.84 20.33 -81.11% 57.53 49.66 15.85% 27.94 42.59 -34.40%
Tax 7.67 7.91 -3.03% 2.14 3.38 -36.69% 12.60 13.21 -4.62% 5.09 9.60 -46.98%
PAT 24.98 35.12 -28.87% 1.70 16.95 -89.97% 44.93 36.45 23.26% 22.85 32.99 -30.74%
PATM 8.29% 12.84% 0.78% 9.97% 15.85% 13.09% 11.99% 13.40%
EPS 29.05 40.84 -28.87% 1.98 19.71 -89.95% 52.24 42.38 23.27% 26.57 38.36 -30.74%

Description Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var%
Net Sales 301.43 273.44 10.24% 219.10 169.96 28.91% 283.43 278.51 1.77% 190.59 246.14 -22.57%
Expenses 261.06 233.61 11.75% 199.55 160.42 24.39% 245.64 235.40 4.35% 177.21 214.43 -17.36%
EBITDA 40.37 39.83 1.36% 19.55 9.54 104.93% 37.79 43.11 -12.34% 13.38 31.71 -57.81%
EBIDTM 13.39% 14.57% 8.92% 5.61% 13.33% 15.48% 7.02% 12.88%
Other Income -0.92 10.39 - -8.85 18.16 - 26.76 13.91 92.38% 21.32 18.12 17.66%
Interest 0.41 0.52 -21.15% 0.48 0.59 -18.64% 0.56 0.48 16.67% 0.51 0.56 -8.93%
Depreciation 6.39 6.67 -4.20% 6.38 6.78 -5.90% 6.46 6.88 -6.10% 6.25 6.68 -6.44%
PBT 32.65 43.03 -24.12% 3.84 20.33 -81.11% 57.53 49.66 15.85% 27.94 42.59 -34.40%
Tax 7.67 7.91 -3.03% 2.32 3.38 -31.36% 12.42 13.21 -5.98% 5.09 9.60 -46.98%
PAT 24.98 35.12 -28.87% 1.52 16.95 -91.03% 45.11 36.45 23.76% 22.85 32.99 -30.74%
PATM 8.29% 12.84% 0.69% 9.97% 15.92% 13.09% 11.99% 13.40%
EPS 28.26 40.22 -29.74% 1.48 19.53 -92.42% 51.85 42.19 22.90% 26.01 38.18 -31.88%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 994.55 968.05 1,006.43 853.86 764.24 543.68 614.80 763.49 675.35 646.67 551.60 Net Sales Growth 2.74% -3.81% 17.87% 11.73% 40.57% -11.57% -19.48% 13.05% 4.44% 17.24% Cost Of Goods Sold 683.49 657.50 704.69 578.14 509.41 372.33 407.48 493.75 445.90 421.14 357.11 Gross Profit 311.06 310.55 301.74 275.73 254.84 171.35 207.32 269.73 229.45 225.52 194.48 GP Margin 31.28% 32.08% 29.98% 32.29% 33.35% 31.52% 33.72% 35.33% 33.97% 34.87% 35.26% Total Expenditure 883.46 843.42 878.54 729.13 672.08 526.18 569.90 643.76 574.00 533.59 451.28 Power & Fuel Cost - 4.32 4.18 3.94 3.11 2.71 4.40 4.35 3.90 3.75 3.70 % Of Sales - 0.45% 0.42% 0.46% 0.41% 0.50% 0.72% 0.57% 0.58% 0.58% 0.67% Employee Cost - 86.28 79.09 70.64 81.95 68.30 66.11 68.89 55.98 45.41 40.63 % Of Sales - 8.91% 7.86% 8.27% 10.72% 12.56% 10.75% 9.02% 8.29% 7.02% 7.37% Manufacturing Exp. - 13.71 14.26 11.58 9.73 12.57 12.12 12.59 9.32 8.77 7.94 % Of Sales - 1.42% 1.42% 1.36% 1.27% 2.31% 1.97% 1.65% 1.38% 1.36% 1.44% General & Admin Exp. - 36.83 28.78 26.43 22.89 19.95 20.18 22.51 21.11 10.31 9.92 % Of Sales - 3.80% 2.86% 3.10% 3.00% 3.67% 3.28% 2.95% 3.13% 1.59% 1.80% Selling & Distn. Exp. - 34.92 37.41 29.85 27.01 25.81 38.56 36.28 32.86 43.14 29.91 % Of Sales - 3.61% 3.72% 3.50% 3.53% 4.75% 6.27% 4.75% 4.87% 6.67% 5.42% Miscellaneous Exp. - 9.85 10.14 8.54 17.97 24.52 21.05 5.38 4.94 1.06 29.91 % Of Sales - 1.02% 1.01% 1.00% 2.35% 4.51% 3.42% 0.70% 0.73% 0.16% 0.37% EBITDA 111.09 124.63 127.89 124.73 92.16 17.50 44.90 119.73 101.35 113.08 100.32 EBITDA Margin 11.17% 12.87% 12.71% 14.61% 12.06% 3.22% 7.30% 15.68% 15.01% 17.49% 18.19% Other Income 38.31 60.58 24.95 34.09 46.08 23.58 44.91 45.21 26.16 12.27 11.86 Interest 1.96 2.59 1.96 1.60 1.94 1.63 2.49 1.85 3.11 2.78 2.22 Depreciation 25.48 27.01 26.94 25.04 17.08 16.35 15.79 10.86 11.81 12.54 9.41 PBT 121.96 155.61 123.94 132.18 119.22 23.10 71.53 152.23 112.58 110.03 100.55 Tax 27.50 34.10 31.58 32.87 28.45 5.10 25.47 40.25 33.18 35.90 31.04 Tax Rate 22.55% 21.91% 25.48% 24.87% 23.86% 22.08% 35.61% 26.44% 28.63% 32.63% 30.87% PAT 94.46 121.51 92.36 99.31 90.78 18.01 46.06 111.98 82.71 74.13 69.52 PAT before Minority Interest 94.46 121.51 92.36 99.31 90.78 18.01 46.06 111.98 82.71 74.13 69.52 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 9.50% 12.55% 9.18% 11.63% 11.88% 3.31% 7.49% 14.67% 12.25% 11.46% 12.60% PAT Growth -22.26% 31.56% -7.00% 9.40% 404.05% -60.90% -58.87% 35.39% 11.57% 6.63% EPS 109.84 141.29 107.40 115.48 105.56 20.94 53.56 130.21 96.17 86.20 80.84

Description TTM Mar 24 Mar 23
Net Sales 994.55 968.05 1,006.43 Net Sales Growth 2.74% -3.81% Cost Of Goods Sold 683.49 657.50 704.69 Gross Profit 311.06 310.55 301.74 GP Margin 31.28% 32.08% 29.98% Total Expenditure 883.46 843.42 878.54 Power & Fuel Cost - 4.32 4.18 % Of Sales - 0.45% 0.42% Employee Cost - 86.28 79.09 % Of Sales - 8.91% 7.86% Manufacturing Exp. - 13.71 14.26 % Of Sales - 1.42% 1.42% General & Admin Exp. - 36.83 28.78 % Of Sales - 3.80% 2.86% Selling & Distn. Exp. - 34.92 37.41 % Of Sales - 3.61% 3.72% Miscellaneous Exp. - 9.85 10.14 % Of Sales - 1.02% 1.01% EBITDA 111.09 124.63 127.89 EBITDA Margin 11.17% 12.87% 12.71% Other Income 38.31 60.58 24.95 Interest 1.96 2.59 1.96 Depreciation 25.48 27.01 26.94 PBT 121.96 155.61 123.94 Tax 27.50 34.10 31.58 Tax Rate 22.55% 21.91% 25.48% PAT 94.46 121.07 92.36 PAT before Minority Interest 94.46 121.07 92.36 Minority Interest 0.00 0.00 0.00 PAT Margin 9.50% 12.51% 9.18% PAT Growth -22.26% 31.08% EPS 109.84 140.78 107.40

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 924.07 824.45 749.54 667.57 576.91 589.90 596.37 500.02 420.11 363.54 Share Capital 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 Total Reserves 915.17 815.81 740.90 658.93 568.27 581.26 587.73 491.38 411.47 354.90 Non-Current Liabilities 55.85 50.12 42.82 42.88 41.80 53.08 45.93 47.80 43.23 38.86 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 6.84 4.46 0.00 0.00 0.00 0.00 0.00 2.70 2.13 2.48 Current Liabilities 187.38 216.22 173.70 174.33 109.93 105.28 143.48 83.26 70.07 69.74 Trade Payables 98.91 130.71 82.17 83.14 57.77 34.28 61.66 36.34 32.26 16.50 Other Current Liabilities 85.89 82.95 86.31 86.47 50.48 69.45 80.11 45.30 36.65 36.23 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 2.58 2.55 5.22 4.72 1.68 1.54 1.71 1.62 1.15 17.01 Total Liabilities 1,167.30 1,090.79 966.06 884.78 728.64 748.26 785.78 631.08 533.41 472.14 Net Block 228.35 239.54 243.85 226.01 183.92 183.07 135.50 126.60 126.99 134.69 Gross Block 415.15 399.82 380.61 346.10 287.63 273.00 214.00 199.53 189.08 184.58 Accumulated Depreciation 186.80 160.28 136.76 120.09 103.71 89.93 78.50 72.94 62.09 49.89 Non Current Assets 305.59 320.08 367.88 334.33 303.34 293.69 286.35 206.52 157.82 155.30 Capital Work in Progress 5.24 14.11 12.00 25.38 47.68 34.79 56.83 10.30 2.83 2.10 Non Current Investment 46.49 40.58 83.71 76.84 57.67 66.52 85.55 63.33 16.47 9.36 Long Term Loans & Adv. 3.93 3.99 6.21 6.09 14.07 9.30 8.46 6.27 11.53 9.15 Other Non Current Assets 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.02 0.00 0.00 Current Assets 861.70 770.71 598.17 550.45 425.30 454.56 499.43 424.56 375.59 316.83 Current Investments 437.96 389.27 329.87 257.48 121.11 121.31 141.18 144.98 119.82 85.79 Inventories 117.80 107.91 100.63 106.93 102.27 123.66 78.39 70.70 80.37 100.18 Sundry Debtors 155.16 149.24 67.57 81.81 96.16 96.40 186.11 132.28 123.77 93.90 Cash & Bank 46.73 28.14 31.29 31.93 25.83 18.83 17.30 36.57 27.68 18.40 Other Current Assets 104.05 3.52 2.16 53.64 79.93 94.35 76.44 40.04 23.95 18.55 Short Term Loans & Adv. 100.88 92.63 66.65 18.66 74.85 30.22 25.26 32.30 12.84 9.00 Net Current Assets 674.32 554.49 424.47 376.12 315.36 349.28 355.94 341.30 305.52 247.10 Total Assets 1,167.29 1,090.79 966.05 884.78 728.64 748.25 785.78 631.08 533.41 472.13

Description Mar 24 Mar 23
Shareholder's Funds 923.62 824.45 Share Capital 8.64 8.64 Total Reserves 914.73 815.81 Non-Current Liabilities 55.85 50.12 Secured Loans 0.00 0.00 Unsecured Loans 0.00 0.00 Long Term Provisions 6.84 4.46 Current Liabilities 187.38 216.22 Trade Payables 98.91 130.71 Other Current Liabilities 85.89 82.95 Short Term Borrowings 0.00 0.00 Short Term Provisions 2.58 2.55 Total Liabilities 1,166.85 1,090.79 Net Block 228.35 239.54 Gross Block 415.15 399.82 Accumulated Depreciation 186.80 160.28 Non Current Assets 305.15 320.08 Capital Work in Progress 5.24 14.11 Non Current Investment 46.04 40.58 Long Term Loans & Adv. 3.93 3.99 Other Non Current Assets 0.02 0.02 Current Assets 861.70 770.71 Current Investments 437.96 389.27 Inventories 117.80 107.91 Sundry Debtors 155.16 149.24 Cash & Bank 46.73 28.14 Other Current Assets 104.05 3.52 Short Term Loans & Adv. 100.88 92.63 Net Current Assets 674.32 554.49 Total Assets 1,166.85 1,090.79

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 48.61 36.43 124.83 155.17 72.34 43.18 33.37 86.50 85.18 25.98 PBT 155.61 123.94 132.18 119.22 23.10 71.53 152.23 115.88 110.03 100.55 Adjustment -23.68 11.79 -0.63 -15.93 17.48 -6.60 -29.59 -9.54 3.91 1.53 Changes in Working Capital -53.75 -69.19 28.57 77.15 41.63 12.71 -54.77 17.78 10.43 -44.53 Cash after chg. in Working capital 78.18 66.53 160.12 180.45 82.22 77.64 67.87 124.13 124.37 57.56 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -29.57 -30.11 -35.29 -25.28 -9.87 -34.46 -34.50 -37.62 -39.19 -31.58 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 8.64 -31.57 -109.63 -147.99 -33.01 11.03 -36.00 -74.51 -42.77 -12.94 Net Fixed Assets -6.46 -21.32 -21.13 -36.17 -27.52 -36.96 -61.00 -17.92 -5.23 -22.43 Net Investments -54.60 -16.27 -79.26 -155.54 9.05 38.90 -18.42 -72.02 -41.14 11.14 Others 69.70 6.02 -9.24 43.72 -14.54 9.09 43.42 15.43 3.60 -1.65 Cash from Financing Activity -24.50 -19.13 -18.83 -1.52 -32.70 -53.98 -16.70 -2.98 -33.76 -17.28 Net Cash Inflow / Outflow 32.75 -14.27 -3.62 5.66 6.63 0.23 -19.33 9.02 8.65 -4.24 Opening Cash & Equivalents 10.92 25.19 28.82 23.15 16.52 16.29 35.62 26.61 17.96 22.20 Closing Cash & Equivalent 43.67 10.92 25.19 28.82 23.15 16.52 16.29 35.62 26.61 17.96

Description Mar 24 Mar 23
Cash From Operating Activity 48.61 36.43 PBT 155.16 123.94 Adjustment -23.24 11.79 Changes in Working Capital -53.75 -69.19 Cash after chg. in Working capital 78.18 66.53 Interest Paid 0.00 0.00 Tax Paid -29.57 -30.11 Other Direct Exp. Paid 0.00 0.00 Extra & Other Items 0.00 0.00 Cash From Investing Activity 8.64 -31.57 Net Fixed Assets -6.46 Net Investments -54.60 Others 69.70 Cash from Financing Activity -24.50 -19.13 Net Cash Inflow / Outflow 32.75 -14.27 Opening Cash & Equivalents 10.92 25.19 Closing Cash & Equivalent 43.67 10.92

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 1069.29 954.28 867.57 772.70 667.76 682.79 690.28 578.76 485.57 420.09 ROA 10.76% 8.98% 10.73% 11.25% 2.44% 6.01% 15.81% 14.20% 14.74% 14.76% ROE 13.90% 11.74% 14.02% 14.59% 3.09% 7.77% 20.43% 17.99% 18.95% 20.61% ROCE 18.10% 16.00% 18.88% 19.47% 4.24% 12.48% 28.11% 25.88% 28.83% 30.48% Fixed Asset Turnover 2.50 2.69 2.46 2.53 2.03 2.62 3.69 3.49 3.47 3.17 Receivable days 54.63 37.69 30.50 40.46 61.74 80.85 76.06 68.96 61.30 64.78 Inventory Days 40.51 36.25 42.39 47.57 72.44 57.82 35.62 40.69 50.85 61.67 Payable days 63.73 55.13 52.18 50.48 35.63 30.20 29.14 22.78 16.78 27.97 Cash Conversion Cycle 31.40 18.80 20.71 37.54 98.55 108.47 82.54 86.86 95.37 98.48 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover 61.02 64.36 83.46 62.38 15.19 29.71 83.26 38.23 40.60 46.37

Description Mar 24 Mar 23
Book Value (Rs.) 1068.77 954.28 ROA 10.73% 8.47% ROE 13.85% 11.20% ROCE 18.05% 15.27% Fixed Asset Turnover 2.50 2.63 Receivable days 54.63 51.88 Inventory Days 40.51 37.51 Payable days 63.73 67.70 Cash Conversion Cycle 31.40 21.69 Total Debt/Equity 0.00 0.00 Interest Cover 60.85 64.36

Top Investors:

nippon life india trustee ltd-a/c nippon india small cap fund (various schemes)

kotak small cap fund (various schemes)

ikigai emerging equity fund

first sentier investors icvc - stewart investors indian subcontinent sustainability fund

icici prudential smallcap fund (various schemes)

investor education and protection fund (iepf)

Annual Reports:

News Update:

VST Tillers Tractors registers 93% rise in June sales
1st Jul 2025, 14:21 PM

The company has sold 6651 power tillers in June 2025
Read More
VST Tillers Tractors registers 41% rise in May sales
2nd Jun 2025, 15:30 PM

The company has sold 439 tractors during May 2025
Read More
VST Tillers Tractors registers 64% rise in March sales
1st Apr 2025, 15:30 PM

The company has sold 7221 power tillers in March 2025
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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