V.S.T. Tillers Tractors, 531266, VSTTILLERS Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

4,903.72
51.67
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

4,886.92
0.35%
4.64

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

4.40
5.41
-0.40

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-0.15
3.85
-2.73

PAT CAGR (%)

10 Years
5 Years
3 Years

2.45
0.80
0.22

P:E (Median)

8 Years
5 Years
3 Years

32.68
32.68
32.68

P:BV (Average)

8 Years
5 Years
3 Years

3.03
3.03
3.03

EV:EBITDA (Average)

8 Years
5 Years
3 Years

17.75
17.75
17.75

Earnings Forecasts:

(Updated: 29-11-2025)

Description 2024 2025 2026 2027
Adj EPS 107.6 146.67 171.25 193.1
P/E Ratio 52.57 38.56 33.03 29.29
Revenue 989.83 1196 1318 1450.95
EBITDA 111.09 140 157 195.6
Net Income 92.97 128.85 150.75
ROA 7.65 13.79 14.95
P/B Ratio 4.88 4.73 4.37 3.58
ROE 9.66 11.2 11.7 12.9
FCFF 59.22 22.35 63.53 1179.36
FCFF Yield 1.41 0.53 1.51 28
Net Debt -556.45 -511.7 -575.4
BVPS 1159.11 1195 1294 1581.6

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 315.15 283.43 11.19% 282.45 190.59 48.20% 301.43 273.44 10.24% 219.10 169.96 28.91%
Expenses 274.25 245.64 11.65% 244.95 177.21 38.23% 261.06 233.61 11.75% 199.55 160.42 24.39%
EBITDA 40.90 37.79 8.23% 37.50 13.38 180.27% 40.37 39.83 1.36% 19.55 9.54 104.93%
EBIDTM 12.98% 13.33% 13.28% 7.02% 13.39% 14.57% 8.92% 5.61%
Other Income 2.64 26.76 -90.13% 25.89 21.32 21.44% -0.92 10.39 - -8.85 18.16 -
Interest 0.57 0.56 1.79% 0.38 0.51 -25.49% 0.41 0.52 -21.15% 0.48 0.59 -18.64%
Depreciation 6.46 6.46 0.00% 6.41 6.25 2.56% 6.39 6.67 -4.20% 6.38 6.78 -5.90%
PBT 36.51 57.53 -36.54% 56.60 27.94 102.58% 32.65 43.03 -24.12% 3.84 20.33 -81.11%
Tax 11.08 12.60 -12.06% 12.04 5.09 136.54% 7.67 7.91 -3.03% 2.14 3.38 -36.69%
PAT 25.43 44.93 -43.40% 44.56 22.85 95.01% 24.98 35.12 -28.87% 1.70 16.95 -89.97%
PATM 8.07% 15.85% 15.78% 11.99% 8.29% 12.84% 0.78% 9.97%
EPS 29.57 52.24 -43.40% 51.81 26.57 94.99% 29.05 40.84 -28.87% 1.98 19.71 -89.95%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 315.15 283.43 11.19% 282.45 190.59 48.20% 301.43 273.44 10.24% 219.10 169.96 28.91%
Expenses 274.25 245.64 11.65% 244.95 177.21 38.23% 261.06 233.61 11.75% 199.55 160.42 24.39%
EBITDA 40.90 37.79 8.23% 37.50 13.38 180.27% 40.37 39.83 1.36% 19.55 9.54 104.93%
EBIDTM 12.98% 13.33% 13.28% 7.02% 13.39% 14.57% 8.92% 5.61%
Other Income 2.64 26.76 -90.13% 25.89 21.32 21.44% -0.92 10.39 - -8.85 18.16 -
Interest 0.57 0.56 1.79% 0.38 0.51 -25.49% 0.41 0.52 -21.15% 0.48 0.59 -18.64%
Depreciation 6.46 6.46 0.00% 6.41 6.25 2.56% 6.39 6.67 -4.20% 6.38 6.78 -5.90%
PBT 36.51 57.53 -36.54% 56.60 27.94 102.58% 32.65 43.03 -24.12% 3.84 20.33 -81.11%
Tax 11.08 12.42 -10.79% 12.04 5.09 136.54% 7.67 7.91 -3.03% 2.32 3.38 -31.36%
PAT 25.43 45.11 -43.63% 44.56 22.85 95.01% 24.98 35.12 -28.87% 1.52 16.95 -91.03%
PATM 8.07% 15.92% 15.78% 11.99% 8.29% 12.84% 0.69% 9.97%
EPS 28.91 51.85 -44.24% 51.18 26.01 96.77% 28.26 40.22 -29.74% 1.48 19.53 -92.42%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 1,118.13 994.55 968.05 1,006.43 853.86 764.24 543.68 614.80 763.49 675.35 646.67 Net Sales Growth 21.88% 2.74% -3.81% 17.87% 11.73% 40.57% -11.57% -19.48% 13.05% 4.44% Cost Of Goods Sold 769.62 683.49 657.50 704.69 578.14 509.41 372.33 407.48 493.75 445.90 421.14 Gross Profit 348.51 311.05 310.55 301.74 275.73 254.84 171.35 207.32 269.73 229.45 225.52 GP Margin 31.17% 31.28% 32.08% 29.98% 32.29% 33.35% 31.52% 33.72% 35.33% 33.97% 34.87% Total Expenditure 979.81 883.21 843.42 878.54 729.13 672.08 526.18 569.90 643.76 574.00 533.59 Power & Fuel Cost - 4.28 4.32 4.18 3.94 3.11 2.71 4.40 4.35 3.90 3.75 % Of Sales - 0.43% 0.45% 0.42% 0.46% 0.41% 0.50% 0.72% 0.57% 0.58% 0.58% Employee Cost - 100.77 86.28 79.09 70.64 81.95 68.30 66.11 68.89 55.98 45.41 % Of Sales - 10.13% 8.91% 7.86% 8.27% 10.72% 12.56% 10.75% 9.02% 8.29% 7.02% Manufacturing Exp. - 13.55 13.71 14.26 11.58 9.73 12.57 12.12 12.59 9.32 8.77 % Of Sales - 1.36% 1.42% 1.42% 1.36% 1.27% 2.31% 1.97% 1.65% 1.38% 1.36% General & Admin Exp. - 40.20 36.83 28.78 26.43 22.89 19.95 20.18 22.51 21.11 10.31 % Of Sales - 4.04% 3.80% 2.86% 3.10% 3.00% 3.67% 3.28% 2.95% 3.13% 1.59% Selling & Distn. Exp. - 34.90 34.92 37.41 29.85 27.01 25.81 38.56 36.28 32.86 43.14 % Of Sales - 3.51% 3.61% 3.72% 3.50% 3.53% 4.75% 6.27% 4.75% 4.87% 6.67% Miscellaneous Exp. - 6.00 9.85 10.14 8.54 17.97 24.52 21.05 5.38 4.94 43.14 % Of Sales - 0.60% 1.02% 1.01% 1.00% 2.35% 4.51% 3.42% 0.70% 0.73% 0.16% EBITDA 138.32 111.34 124.63 127.89 124.73 92.16 17.50 44.90 119.73 101.35 113.08 EBITDA Margin 12.37% 11.20% 12.87% 12.71% 14.61% 12.06% 3.22% 7.30% 15.68% 15.01% 17.49% Other Income 18.76 38.31 60.58 24.95 34.09 46.08 23.58 44.91 45.21 26.16 12.27 Interest 1.84 2.22 2.59 1.96 1.60 1.94 1.63 2.49 1.85 3.11 2.78 Depreciation 25.64 25.48 27.01 26.94 25.04 17.08 16.35 15.79 10.86 11.81 12.54 PBT 129.60 121.95 155.61 123.94 132.18 119.22 23.10 71.53 152.23 112.58 110.03 Tax 32.93 27.49 34.10 31.58 32.87 28.45 5.10 25.47 40.25 33.18 35.90 Tax Rate 25.41% 22.54% 21.91% 25.48% 24.87% 23.86% 22.08% 35.61% 26.44% 28.63% 32.63% PAT 96.67 94.46 121.51 92.36 99.31 90.78 18.01 46.06 111.98 82.71 74.13 PAT before Minority Interest 96.67 94.46 121.51 92.36 99.31 90.78 18.01 46.06 111.98 82.71 74.13 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 8.65% 9.50% 12.55% 9.18% 11.63% 11.88% 3.31% 7.49% 14.67% 12.25% 11.46% PAT Growth -19.34% -22.26% 31.56% -7.00% 9.40% 404.05% -60.90% -58.87% 35.39% 11.57% EPS 112.41 109.84 141.29 107.40 115.48 105.56 20.94 53.56 130.21 96.17 86.20

Description TTM Mar 25 Mar 24 Mar 23
Net Sales 1,118.13 994.55 968.05 1,006.43 Net Sales Growth 21.88% 2.74% -3.81% Cost Of Goods Sold 769.62 683.49 657.50 704.69 Gross Profit 348.51 311.05 310.55 301.74 GP Margin 31.17% 31.28% 32.08% 29.98% Total Expenditure 979.81 883.21 843.42 878.54 Power & Fuel Cost - 4.28 4.32 4.18 % Of Sales - 0.43% 0.45% 0.42% Employee Cost - 100.77 86.28 79.09 % Of Sales - 10.13% 8.91% 7.86% Manufacturing Exp. - 13.55 13.71 14.26 % Of Sales - 1.36% 1.42% 1.42% General & Admin Exp. - 40.20 36.83 28.78 % Of Sales - 4.04% 3.80% 2.86% Selling & Distn. Exp. - 34.90 34.92 37.41 % Of Sales - 3.51% 3.61% 3.72% Miscellaneous Exp. - 6.00 9.85 10.14 % Of Sales - 0.60% 1.02% 1.01% EBITDA 138.32 111.34 124.63 127.89 EBITDA Margin 12.37% 11.20% 12.87% 12.71% Other Income 18.76 38.31 60.58 24.95 Interest 1.84 2.22 2.59 1.96 Depreciation 25.64 25.48 27.01 26.94 PBT 129.60 121.95 155.61 123.94 Tax 33.11 27.49 34.10 31.58 Tax Rate 25.55% 22.54% 21.91% 25.48% PAT 96.49 92.97 121.07 92.36 PAT before Minority Interest 96.49 92.97 121.07 92.36 Minority Interest 0.00 0.00 0.00 0.00 PAT Margin 8.63% 9.35% 12.51% 9.18% PAT Growth -19.61% -23.21% 31.08% EPS 112.20 108.10 140.78 107.40

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 1,003.80 924.07 824.45 749.54 667.57 576.91 589.90 596.37 500.02 420.11 Share Capital 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 8.64 Total Reserves 992.12 915.17 815.81 740.90 658.93 568.27 581.26 587.73 491.38 411.47 Non-Current Liabilities 60.11 55.85 50.12 42.82 42.88 41.80 53.08 45.93 47.80 43.23 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 8.96 6.84 4.46 0.00 0.00 0.00 0.00 0.00 2.70 2.13 Current Liabilities 203.20 187.43 216.22 173.70 174.33 109.93 105.28 143.48 83.26 70.07 Trade Payables 98.80 98.91 130.71 82.17 83.14 57.77 34.28 61.66 36.34 32.26 Other Current Liabilities 100.96 85.94 82.95 86.31 86.47 50.48 69.45 80.11 45.30 36.65 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 3.44 2.58 2.55 5.22 4.72 1.68 1.54 1.71 1.62 1.15 Total Liabilities 1,267.11 1,167.35 1,090.79 966.06 884.78 728.64 748.26 785.78 631.08 533.41 Net Block 218.88 228.35 239.54 243.85 226.01 183.92 183.07 135.50 126.60 126.99 Gross Block 430.37 415.15 399.82 380.61 346.10 287.63 273.00 214.00 199.53 189.08 Accumulated Depreciation 211.50 186.80 160.28 136.76 120.09 103.71 89.93 78.50 72.94 62.09 Non Current Assets 298.12 305.59 320.08 367.88 334.33 303.34 293.69 286.35 206.52 157.82 Capital Work in Progress 10.06 5.24 14.11 12.00 25.38 47.68 34.79 56.83 10.30 2.83 Non Current Investment 41.50 46.49 40.58 83.71 76.84 57.67 66.52 85.55 63.33 16.47 Long Term Loans & Adv. 6.25 3.93 3.99 6.21 6.09 14.07 9.30 8.46 6.27 11.53 Other Non Current Assets 0.15 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.02 0.00 Current Assets 968.99 861.75 770.71 598.17 550.45 425.30 454.56 499.43 424.56 375.59 Current Investments 483.70 437.96 389.27 329.87 257.48 121.11 121.31 141.18 144.98 119.82 Inventories 100.72 117.80 107.91 100.63 106.93 102.27 123.66 78.39 70.70 80.37 Sundry Debtors 205.64 155.16 149.24 67.57 81.81 96.16 96.40 186.11 132.28 123.77 Cash & Bank 74.71 46.73 28.14 31.29 31.93 25.83 18.83 17.30 36.57 27.68 Other Current Assets 104.21 3.17 3.52 2.16 72.30 79.93 94.35 76.44 40.04 23.95 Short Term Loans & Adv. 99.49 100.93 92.63 66.65 18.66 74.85 30.22 25.26 32.30 12.84 Net Current Assets 765.79 674.32 554.49 424.47 376.12 315.36 349.28 355.94 341.30 305.52 Total Assets 1,267.11 1,167.34 1,090.79 966.05 884.78 728.64 748.25 785.78 631.08 533.41

Description Mar 25 Mar 24 Mar 23
Shareholder's Funds 1,001.86 923.62 824.45 Share Capital 8.64 8.64 8.64 Total Reserves 990.18 914.73 815.81 Non-Current Liabilities 60.11 55.85 50.12 Secured Loans 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 Long Term Provisions 8.96 6.84 4.46 Current Liabilities 203.20 187.43 216.22 Trade Payables 98.80 98.91 130.71 Other Current Liabilities 100.96 85.94 82.95 Short Term Borrowings 0.00 0.00 0.00 Short Term Provisions 3.44 2.58 2.55 Total Liabilities 1,265.17 1,166.90 1,090.79 Net Block 218.88 228.35 239.54 Gross Block 430.37 415.15 399.82 Accumulated Depreciation 211.50 186.80 160.28 Non Current Assets 296.18 305.15 320.08 Capital Work in Progress 10.06 5.24 14.11 Non Current Investment 39.56 46.04 40.58 Long Term Loans & Adv. 6.25 3.93 3.99 Other Non Current Assets 0.15 0.02 0.02 Current Assets 968.99 861.75 770.71 Current Investments 483.70 437.96 389.27 Inventories 100.72 117.80 107.91 Sundry Debtors 205.64 155.16 149.24 Cash & Bank 74.71 46.73 28.14 Other Current Assets 104.21 3.17 3.52 Short Term Loans & Adv. 99.49 100.93 92.63 Net Current Assets 765.79 674.32 554.49 Total Assets 1,265.17 1,166.90 1,090.79

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 76.55 48.61 36.43 124.83 155.17 72.34 43.18 33.37 86.50 85.18 PBT 121.95 155.61 123.94 132.18 119.22 23.10 71.53 152.23 115.88 110.03 Adjustment -3.07 -23.43 11.79 -0.63 -15.93 17.48 -6.60 -29.59 -9.54 3.91 Changes in Working Capital -21.36 -54.00 -69.19 28.57 77.15 41.63 12.71 -54.77 17.78 10.43 Cash after chg. in Working capital 97.52 78.18 66.53 160.12 180.45 82.22 77.64 67.87 124.13 124.37 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -20.97 -29.57 -30.11 -35.29 -25.28 -9.87 -34.46 -34.50 -37.62 -39.19 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 -28.74 8.64 -31.57 -109.63 -147.99 -33.01 11.03 -36.00 -74.51 -42.77 Net Fixed Assets -20.04 -6.46 -21.32 -21.13 -36.17 -27.52 -36.96 -61.00 -17.92 -5.23 Net Investments -40.75 -54.60 -16.27 -79.26 -155.54 9.05 38.90 -18.42 -72.02 -41.14 Others 32.05 69.70 6.02 -9.24 43.72 -14.54 9.09 43.42 15.43 3.60 Cash from Financing Activity -20.30 -24.50 -19.13 -18.83 -1.52 -32.70 -53.98 -16.70 -2.98 -33.76 Net Cash Inflow / Outflow 27.50 32.75 -14.27 -3.62 5.66 6.63 0.23 -19.33 9.02 8.65 Opening Cash & Equivalents 43.67 10.92 25.19 28.82 23.15 16.52 16.29 35.62 26.61 17.96 Closing Cash & Equivalent 71.17 43.67 10.92 25.19 28.82 23.15 16.52 16.29 35.62 26.61

Description Mar 25 Mar 24 Mar 23
Cash From Operating Activity 76.55 48.61 36.43 PBT 120.46 155.16 123.94 Adjustment -1.58 -22.98 11.79 Changes in Working Capital -21.36 -54.00 -69.19 Cash after chg. in Working capital 97.52 78.18 66.53 Interest Paid 0.00 0.00 0.00 Tax Paid -20.97 -29.57 -30.11 Other Direct Exp. Paid 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 Cash From Investing Activity -28.74 8.64 -31.57 Net Fixed Assets -20.04 -6.46 Net Investments -40.75 -54.60 Others 32.05 69.70 Cash from Financing Activity -20.30 -24.50 -19.13 Net Cash Inflow / Outflow 27.50 32.75 -14.27 Opening Cash & Equivalents 43.67 10.92 25.19 Closing Cash & Equivalent 71.17 43.67 10.92

Financial Ratios

Standalone /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 1157.83 1069.29 954.28 867.57 772.70 667.76 682.79 690.28 578.76 485.57 ROA 7.76% 10.76% 8.98% 10.73% 11.25% 2.44% 6.01% 15.81% 14.20% 14.74% ROE 9.82% 13.90% 11.74% 14.02% 14.59% 3.09% 7.77% 20.43% 17.99% 18.95% ROCE 12.88% 18.10% 16.00% 18.88% 19.47% 4.24% 12.48% 28.11% 25.88% 28.83% Fixed Asset Turnover 2.48 2.50 2.69 2.46 2.53 2.03 2.62 3.69 3.49 3.47 Receivable days 62.71 54.63 37.69 30.50 40.46 61.74 80.85 76.06 68.96 61.30 Inventory Days 37.98 40.51 36.25 42.39 47.57 72.44 57.82 35.62 40.69 50.85 Payable days 52.79 63.73 55.13 52.18 50.48 35.63 30.20 29.14 22.78 16.78 Cash Conversion Cycle 47.90 31.40 18.80 20.71 37.54 98.55 108.47 82.54 86.86 95.37 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 55.81 61.02 64.36 83.46 62.38 15.19 29.71 83.26 38.23 40.60

Description Mar 25 Mar 24 Mar 23
Book Value (Rs.) 1155.59 1068.77 954.28 ROA 7.64% 10.72% 8.47% ROE 9.67% 13.85% 11.20% ROCE 12.74% 18.05% 15.27% Fixed Asset Turnover 2.48 2.50 2.63 Receivable days 62.71 54.63 51.88 Inventory Days 37.98 40.51 37.51 Payable days 52.79 63.73 67.70 Cash Conversion Cycle 47.90 31.40 21.69 Total Debt/Equity 0.00 0.00 0.00 Interest Cover 55.14 60.85 64.36

Top Investors:

kotak small cap fund-various schemes

nippon life india trustee ltd-a/c - various schemes

ikigai emerging equity fund

investor education and protection fund (iepf)

llp

Annual Reports:

News Update:

VST Tillers Tractors registers over 2-fold jump in November sales
1st Dec 2025, 11:42 AM

The company has sold 4676 power tillers in November 2025 as against 1904 units in November 2024
Read More
VST Tillers Tractors - Quarterly Results
7th Nov 2025, 00:00 AM

Read More
VST Tillers Tractors registers 89% rise in October sales
3rd Nov 2025, 09:19 AM

The company has sold 4077 power tillers in October 2025 as against 1783 units in October 2024
Read More
VST Tillers Tractors registers 1.88% rise in August sales
1st Sep 2025, 12:41 PM

The company has sold 399 tractors during August 2025, as compared to 394 units in August 2024, an increase of 1.27% Y-o-Y
Read More

V.S.T. Tillers Tractors Ltd.

Automobiles-Tractors

BSE: 531266 | NSE: VSTTILLERS

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

V.S.T. Tillers Tractors Ltd.

Automobiles-Tractors

BSE: 531266 | NSE: VSTTILLERS

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: