VST Tillers Tractors
- Market cap
- ₹ 3,357 Cr.
- P/E
- 31.1x
- P/B
- 3.17x
- 52-week range
- 3,816.1 – 6,374
- ROE
- 10%
- ROCE
- 14%
- Dividend yield
- 0.6%
- Debt / equity
- 0
- Sector
- Agricultural, Commercial & Construction Vehicles
- Industry
- Tractors
- Listed on
- NSE, BSE
About
VST Tillers Tractors Limited is an India-based farm equipment manufacturer. The Company is engaged in the business of manufacturing and trading of agriculture machinery. It also manufactures tillers, and 4WD compact tractors, and produces other categories of tractors, engines, transmission, power reaper, and precision components. It also deals with tractors, tillers, diesel engines, harvesters, reapers, binders, transplanters/ planters, trench cutters, front end loaders and all kinds of allied agricultural, plantation and horticultural machinery, including attachments, components, accessories, spares implement, and other equipment’s required for the satisfactory functioning of the agricultural equipment. Its power tillers are distributed to farmers across the country. These power tillers are designed to operate in both wet and dry fields. Its products include Shallow Well Pumps; V Flow Pumps; 95 DI Ignito, and others. It exports products to European, Asian, and African markets.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tractors: 3 companies →VST Tillers Tractors against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)31.1 against a typical 21.3: pricier than most peers (1st = cheapest).3rd of 3
- Share price, 3 months−13.1% against a typical −13.1%.2nd of 3
- Size₹ 3,356.5 Cr. market value against a typical ₹ 3,356.5 Cr. (1st = largest).2nd of 3
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- /[ICRA]A1+ | Stable | 29 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Jul 2026 | Reaffirmed | [ICRA]AA- /[ICRA]A1+ | — | ICRA | ₹ 79 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 7 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 6 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 13 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and recommendation of final dividend if any |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 279 | 170 | 273 | 191 | 283 | 219 | 301 | 282 | 315 | 314 | 328 | 313 |
| Expenses | 235 | 160 | 234 | 177 | 246 | 200 | 261 | 245 | 274 | 274 | 282 | 273 |
| Operating Profit | 43 | 10 | 40 | 13 | 38 | 20 | 40 | 38 | 41 | 41 | 47 | 40 |
| OPM % | 15% | 6% | 15% | 7% | 13% | 9% | 13% | 13% | 13% | 13% | 14% | 13% |
| Other Income | 14 | 18 | 10 | 21 | 27 | −9 | −1 | 26 | 3 | 7 | −31 | 28 |
| Interest | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Depreciation | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 |
| Profit before tax | 50 | 20 | 43 | 28 | 58 | 4 | 33 | 57 | 37 | 41 | 9 | 62 |
| Tax % | 27% | 17% | 18% | 18% | 22% | 56% | 23% | 21% | 30% | 25% | 41% | 22% |
| Net Profit | 36 | 17 | 35 | 23 | 45 | 2 | 25 | 45 | 25 | 31 | 5 | 49 |
| EPS in Rs | 42.19 | 19.62 | 40.65 | 26.45 | 52.01 | 1.97 | 28.9 | 51.55 | 29.42 | 35.54 | 6.11 | 56.32 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 10%
- 3 Years
- 7%
- TTM
- 17%
- 10 Years
- 4%
- 5 Years
- 3%
- 3 Years
- 5%
- TTM
- −5%
- 10 Years
- 9%
- 5 Years
- 11%
- 3 Years
- 13%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| VST Tillers Tractors | ₹ 3,876.30 | ₹ 3,357 Cr. | 31.1x | 3.2x | 10% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Antony Cherukara
- Chief Executive Officer
- Nitin Agrawal
- Chief Financial Officer
- Chinmaya Khatua
- Compliance Officer, Company Secretary
- Vellore Tiruvengadaswamy Ravindra
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.