V.S.T.Tillers Tractors Ltd.

V.S.T.Tillers Tractors Ltd.

VSTTILLERSNSE / BSEIndustrialsSmall Cap

₹3,850.10-₹38.35 (-1.0%)

Last close · Data as of Oct 30, 2026

Market cap
₹4,828 Cr
P/E
49.9x
EV / EBITDA
25.6x
Revenue
₹995 Cr
Net margin
12.6%
ROCE
13.5%

-35.4% over the last year

V.S.T.Tillers Tractors Ltd. price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-11.9%
3M
-13.7%
6M
-26.4%
1Y
-35.4%
5Y
+33.9%

52-week range

Day change -₹38.35 (-1.0%) from ₹3,888 to ₹3,850 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in VSTTILLERS, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year net profit CAGR of 46.6%

Concerns1

  • Net profit declined 23.0% year-over-year

Rule-based from financial data. Not advice.

About the company

V.S.T. Tillers Tractors Limited manufactures and trades agricultural machinery in India and internationally.

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V.S.T. Tillers Tractors Limited manufactures and trades agricultural machinery in India and internationally. The company offers power tillers, power weeders, power reapers, brush cutters, and tractors; spare parts, lubricants, diesel engines, and electric pumps; crankshafts, camshafts, and connecting rods; cylinder blocks and heads; locomotive parts; rotary tillers; crankcase and transmission case; precision components, including engine components, locomotive and braking, metro components, light engineering components, and rotary assemblies; precision implements comprising sprayers and rotary tillers; and source electric products. It also provides harvesters, binders, transplanters/planters, trench cutters, and front-end loaders. The company markets its products under the VST FIELDTRAC brand through a network of dealers, distributors, and retailers to small and marginal farmers. V.S.T. Tillers Tractors Limited was incorporated in 1967 and is headquartered in Bengaluru, India.

Sector
Industrials
Shares outstanding
86.1 L shares
ISIN
INE764D01017
BSE code
531266

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹4,828 Cr
P/E
49.9x
P/B
4.6x
EV / EBITDA
25.6x
EV / Sales
4.9x
P/S
5.0x
Earnings yield
2.0%
52-week high
₹6,263.95
52-week low
₹3,850.10

Profitability

Operating margin
12.9%
Net margin
12.6%
EBITDA margin
19.1%
ROE
13.2%
ROCE
13.5%
ROA
10.5%
Dividend payout
14.0%
Tax rate
22.0%
Other income, % of PBT
38.5%

Growth

Revenue
₹995 Cr
Revenue growth, 1Y
2.8%
Revenue CAGR, 5Y
12.2%
EBITDA
₹185 Cr
EBITDA growth, 1Y
20.9%
Net profit growth, 1Y
-23.0%
Net profit CAGR, 5Y
46.6%
Cash from operations
₹49.0 Cr
CFO growth, 1Y
36.1%
Free cash flow
₹28.0 Cr
Asset growth, 1Y
7.0%

Solvency and efficiency

Current ratio
3.77
Debt / Equity
0.00
Debt / Assets
0.00
Debt / EBITDA
0.01
Interest coverage
41.67
Financial leverage
1.26
CFO / Net profit
0.40
Cash / Market cap
8.9%
Cash per share
₹497.24
Asset turnover
0.83
Fixed asset turnover
3.87
Capital intensity
0.26
Debtor days
58 days
Inventory turnover
5.62
Cash conversion cycle
69 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹9 was left as net profit.

V.S.T.Tillers Tractors Ltd. income statement flow, FY2025
V.S.T.Tillers Tractors Ltd. income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹884 Cr
SalesOperating profit₹111 Cr
Operating profitInterest₹2 Cr
Operating profitDepreciation₹25 Cr
Operating profitProfit before tax₹84 Cr
Other incomeProfit before tax₹38 Cr
Profit before taxTax and other₹28 Cr
Profit before taxNet profit₹94 Cr

Revenue and net profit

Revenue grew 2.8% in FY2025; net profit is the dashed line.

V.S.T.Tillers Tractors Ltd. revenue and net profit by fiscal year
V.S.T.Tillers Tractors Ltd. revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹764 Cr₹91 Cr
FY2022₹854 Cr₹99 Cr
FY2023₹1,006 Cr₹92 Cr
FY2024₹968 Cr₹122 Cr
FY2025₹995 Cr₹94 Cr

Cash flows

FY2025: ₹77.0 Cr from operations, ₹48.0 Cr free after investment (dashed).

V.S.T.Tillers Tractors Ltd. operating and free cash flow by fiscal year
V.S.T.Tillers Tractors Ltd. operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹155 Cr₹7 Cr
FY2022₹125 Cr₹15 Cr
FY2023₹36 Cr₹4 Cr
FY2024₹49 Cr₹58 Cr
FY2025₹77 Cr₹48 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹995 Cr+2.8%1Y
Net profit
₹94 Cr-23.0%1Y
Cash from operations
₹77 Cr
Free cash flow
₹48 Cr-17.2%1Y
Revenue CAGR, 5Y
12.2%
EBITDA CAGR, 5Y
35.2%
Net profit CAGR, 5Y
46.6%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹995 Cr₹111 Cr—₹94 Cr₹77 Cr₹48 Cr9.4%+2.8%-23.0%

Monthly returns

Month-by-month returns of VSTTILLERS across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹1,267 Cr
Equity capital₹9 Cr
Reserves₹995 Cr
Borrowings₹2 Cr
Other liabilities₹261 Cr
Assets₹1,267 Cr
Fixed assets₹240 Cr
Capital work in progress₹10 Cr
Investments₹525 Cr
Other assets₹492 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. V.S.T.Tillers Tractors Ltd. (this company)₹4,828 Cr
  2. Nirlon Limited₹4,506 Cr
  3. Skipper Limited₹4,489 Cr

P/E against peers

VSTTILLERS trades at 49.9x earnings against a peer median of 38.3x (a 30% premium).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
V.S.T.Tillers Tractors Ltd.VSTTILLERSthis companyP/E ↑ premium₹4,828 Cr49.9x4.6x13.2%25.6x
QUALITY POWER ELECTRICAL EQUIPMENTS LIMITEDQPOWER₹5,160 Cr130.0x14.5x19.1%191.2x
Hindustan Construction Co. Ltd.HCC₹5,150 Cr59.0x2.6x19.4%5.7x
Ion Exchange (India) LtdIONEXCHANG₹5,124 Cr24.1x3.8x19.0%15.1x
Texmaco Rail & Engineering LimitedTEXRAIL₹5,060 Cr29.2x1.8x4.5%14.5x
GMM Pfaudler Ltd.GMMPFAUDLR₹4,612 Cr72.2x5.6x6.8%34.1x
H.G. Infra Engineering LimitedHGINFRA₹4,553 Cr9.2x1.5x23.5%4.7x
Nirlon LimitedNIRLON₹4,506 Cr14.2x9.7x55.2%11.7x
Skipper LimitedSKIPPER₹4,489 Cr26.5x3.6x8.4%14.0x
Peer median—38.3x5.2x15.2%25.8x

Year-to-date ROI

VSTTILLERS since 1 January, against earlier years.

Historical volatility

VSTTILLERS's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

V.S.T.Tillers Tractors Ltd. operating margin by fiscal year
V.S.T.Tillers Tractors Ltd. operating margin by fiscal year
DateOperating margin
FY202112.0%
FY202215.0%
FY202313.0%
FY202413.0%
FY202511.0%
LineFY2025
RevenueSales₹995 Cr
Costs
Interest₹2 Cr
Expenses₹883 Cr
Profit before tax₹122 Cr

Learn while you research

Academy chapters picked for V.S.T.Tillers Tractors Ltd. and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 49.9, learn when high multiples are justified.6 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
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