VST Industries Limited

VST Industries Limited

199.02
INR
-1.26
(-0.63%)
16.22EPS
16.05P/E
44.21BMarket Cap
Oct 28Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
46.2
48.86
51.74
54.06
55.72
64.62
72.89
65.34
69.27
75.95
83.43
82.1
86
81.35
Basic EPS, GAAP
8.84
8.96
9.01
8.92
10.71
13.35
17.9
18.3
18.85
19.25
17.75
17.1
17.21
16.22
Free Cash Flow per Basic Share
4.59
5.52
4.69
5.94
22.06
15.56
18.22
14.12
13.44
-13.09
4.28
8.97
10.35
- -
Dividend per Share
6.65
7.45
7.66
7.66
8.21
8.49
10.41
9.36
10.36
12.68
13.59
13.59
9.98
- -
Book Value per Share
19.32
20.41
30.54
31.73
34.27
39.09
46.34
55.37
63.37
69.59
74.01
78.01
85.27
- -
Tangible Book Value per Share
19.32
20.4
30.54
31.73
34.27
39.09
46.33
55.36
63.37
69.59
74
78.01
85.27
- -
Basic Weighted Avg Shares
170
170
170
170
170
170
170
170
170
170
170
170
170
170
Sales/Revenue/Turnover
7,847
8,300
8,789
9,183
9,464
10,976
12,381
11,098
11,766
12,901
14,172
13,946
14,607
13,815
Operating Margin (%)
26.92
25.41
23.48
22.99
26.93
28.4
30.12
34.31
32.43
28.68
24.6
16.8
23.87
23.22
Depreciation Expense
266
319
310
369
392
413
418
351
301
302
381
445
1,012
1,002
Net Income, GAAP
1,502
1,522
1,531
1,515
1,819
2,268
3,041
3,108
3,202
3,270
3,016
2,904
2,923
2,755
Effective Tax Rate (%)
32.96
33.46
32.42
34.37
34.91
35.31
27.64
25.52
25.22
23.76
23.59
21.43
25.07
25.53
Profit Margin (%)
19.14
18.34
17.42
16.5
19.22
20.67
24.56
28
27.22
25.35
21.28
20.82
20.01
19.94
Working Capital
1,071
1,377
2,862
3,001
3,370
4,343
5,737
7,275
6,487
3,795
7,422
8,183
11,788
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
3,282
3,467
5,188
5,390
5,821
6,640
7,871
9,404
10,743
11,797
12,524
13,227
14,457
- -
Return on Invested Capital (%)
44.84
41.58
27.5
20.17
20.21
24.79
36.34
32.13
27.9
24.64
21.71
20.19
18.68
- -
Return on Capital (%)
47.49
45.1
35.38
28.65
32.45
36.41
41.91
35.98
31.79
29.01
24.8
22.55
21.11
- -
Return on Common Equity (%)
47.49
45.1
35.38
28.65
32.45
36.41
41.91
35.98
31.79
29.01
24.8
22.55
21.11
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
170
170
170
Market Capitalization
43,748
33,921
44,215

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
17,237
- -
Cash, Cash Equivalents & STI
- -
5,822
- -
Accounts Receivable, Net
- -
470
- -
Inventories
- -
6,750
- -
Total Current Liabilities
- -
5,450
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.91%
9.02%
9.3%
Free Cash Flow
5.32%
-41.96%
15.36%
Net Income, GAAP
7.43%
-1.14%
0.64%
Sales/Revenue/Turnover
5.46%
5.73%
4.75%
Total Cash Common Dividend
- -
- -
-26.53%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,206
3,590
3,663
3,486
13,946
2026
2,959
- -
3,730
4,565
14,607
2027
2,560
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.15
2.8
8.02
3.13
17.1
2026
3.3
- -
3.55
6.87
17.21
2027
2.5
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
13.59
2026
- -
- -
- -
- -
9.98
2027
- -
- -
- -
- -
- -

Company Description

CEO
Piyush Srivastava
Full Time Employees
712
Sector
Consumer non-durables
Industry
Tobacco
Address
1-7-1063/1065, Azamabad Hyderabad TS India 500020
IPO Date
Nov 3, 1994
Website
vsthyd.com
Business
VST Industries Limited is a prominent Indian company specializing in the production and sale of cigarettes, along with the trade of unmanufactured tobacco products. The company boasts a significant presence in the domestic cigarette market, ranking as the third-largest player with an approximate 8% volume market share, particularly strong in states like West Bengal, Andhra Pradesh, Telangana, Bihar, and Uttar Pradesh. Its diverse portfolio includes well-known cigarette brands such as Charminar, Charms, Special, Editions, Total, and Moments, catering to various consumer preferences across different price points. Established in Hyderabad, India, in 1930 as Vazir Sultan Tobacco Company Limited, the organization rebranded to VST Industries Limited in April 1983. Beyond manufacturing, VST Industries is also involved in contract farming for tobacco, research and development to enhance tobacco quality and explore new product innovations, and provides export services for tobacco and its by-products to international markets, including Europe, Africa, and Southeast Asia. The company generates revenue primarily through the manufacturing and selling of its cigarette brands and processed tobacco, serving both Indian and global adult consumers. As an associate undertaking of British American Tobacco Plc., VST Industries emphasizes innovation, expanding its product portfolio, and improving operational efficiency to drive growth and maintain its market leadership. Recent corporate actions include announcing a bonus issue, signaling robust financial health and a commitment to shareholder value.