1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Trucks/Construction/Farm machinery
VST Tillers Tractors Limited

VST Tillers Tractors Limited

4,010.60
INR
-78.20
(-1.91%)
125.47EPS
35.80P/E
39.01BMarket Cap
Nov 10Next 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
722.51
638.46
748.5
780.05
881.75
708.5
627.69
880.84
983.49
1,159.87
1,114.72
1,145.64
1,429.31
1,470.55
Basic EPS, GAAP
96
80.46
85.81
95.73
129.61
53.32
20.84
105.07
114.94
106.9
140.12
107.6
121.16
126
Free Cash Flow per Basic Share
109.06
3.77
89.21
58.93
-40.01
-3.94
42.5
146.9
111.11
14.1
47.7
64.98
121.74
- -
Dividend per Share
9
15
30
- -
15
49.78
30.06
0.01
20
20
25
20
20
- -
Book Value per Share
361.31
420.78
487.52
578.76
690.28
682.79
667.76
772.69
867.57
954.28
1,069.06
1,159.11
1,264.48
- -
Tangible Book Value per Share
361.31
420.78
487.52
578.76
690.28
670.07
653.9
760.2
857
947.52
1,066.43
1,156.34
1,262.62
- -
Basic Weighted Avg Shares
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
6,242
5,516
6,467
6,739
7,618
6,121
5,423
7,610
8,497
10,021
9,631
9,898
12,353
12,713
Operating Margin (%)
18.68
17.39
16.25
13.78
14.64
9.98
5.2
11.56
12.6
10.31
10.32
8.8
11.47
11.34
Depreciation Expense
39
94
125
118
109
158
163
171
250
269
270
255
255
245
Net Income, GAAP
829
695
741
827
1,120
461
180
908
993
924
1,211
930
1,047
1,089
Effective Tax Rate (%)
31.99
30.87
32.62
28.63
26.44
35.61
22.06
23.86
24.87
25.48
21.97
22.82
26.03
26.15
Profit Margin (%)
13.29
12.6
11.46
12.27
14.7
7.53
3.32
11.93
11.69
9.22
12.57
9.39
8.48
8.57
Working Capital
2,143
2,471
3,069
3,413
3,559
3,493
3,154
3,761
4,245
5,545
6,743
7,658
8,807
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
3
7
11
5
11
9
- -
Total Equity
3,122
3,635
4,212
5,000
5,964
5,899
5,769
6,676
7,495
8,245
9,236
10,019
10,941
- -
Return on Invested Capital (%)
29.81
20.58
18.9
14.8
15.07
6.68
3.9
11.03
11.72
10.08
9.24
7.25
10.32
- -
Return on Capital (%)
30.23
21.01
19.33
18.42
20.65
8.01
3.28
15.07
14.11
11.83
14.02
9.8
10.11
- -
Return on Common Equity (%)
29.81
20.58
18.89
17.96
20.43
7.77
3.09
14.59
14.02
11.74
13.85
9.66
9.99
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
10
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
9
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
54,129
41,568
39,015

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
10,711
- -
Cash, Cash Equivalents & STI
- -
6,613
- -
Accounts Receivable, Net
- -
1,717
- -
Inventories
- -
1,233
- -
Total Current Liabilities
- -
1,904
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
10
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.24%
10.4%
9.21%
Free Cash Flow
-97.42%
50.04%
87.43%
Net Income, GAAP
35.42%
4.58%
12.64%
Sales/Revenue/Turnover
7.98%
10.65%
24.8%
Total Cash Common Dividend
- -
- -
0.04%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,906
2,834
2,191
3,014
9,898
2026
2,825
3,152
3,143
3,285
12,353
2027
3,134
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
26
51.85
1.48
28.27
107.6
2026
51.16
28.9
35.21
5.89
121.16
2027
55.97
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
20
2026
- -
- -
- -
- -
20
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Antony Cherukara
Full Time Employees
1,502
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Plot No-1, Dyavasandra Indl. Area Bangalore KA India 560048
IPO Date
Jun 17, 2011
Website
vsttractors.com
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Business
VST Tillers Tractors Limited operates as a prominent manufacturer and trader of diverse agricultural machinery, primarily serving the Indian market while also maintaining a significant global footprint. The company specializes in a comprehensive range of farm equipment, including power tillers, where it holds a dominant market share in India, alongside compact tractors, higher horsepower tractors (through its VST Zetor joint venture), rice transplanters, power reapers, and various power weeders. Additionally, its portfolio extends to essential attachments, engines, and precision components, as well as spare parts and lubricants. Founded in 1967 in Bengaluru, India, VST Tillers Tractors has been a pioneer in farm mechanization, introducing India's first 4WD compact tractors. The company distributes its products through an extensive network of dealers and vendors domestically and exports to over 40 countries across Europe, Asia, and Africa. Recent strategic moves include the incorporation of VST Americas Inc. in April 2024 to target the US market, despite a temporary suspension of certain drivetrain exports to the US in November 2025 due to new tariffs. VST continues to innovate with recent launches such as the Series 9, FENTM, and VST POWER Series of tractors, and is set to introduce electric power tillers and weeders in FY2026. The company is focused on expanding its offerings for small and marginal farmers, investing in a global R&D center, and aims to achieve a significant revenue target by fiscal year 2027 through sustained product development and market penetration.