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Earnings Call

VST Tillers Tractors Earnings Call: Key Takeaways

V.S.T. Tillers reports record FY26 revenue of ₹1240 Cr, up 25% YoY, driven by strong power tiller and weeder volumes.

Highlights
Revenue growth25% YoY for FY26; 9% for Q4.
MarginsOp. EBITDA margin rose from 11.2% to 13.4% YoY.
Demand visibilityStrong domestic demand for tillers and weeders.
Management confidenceHigh, citing 'Highest ever turnover'.

Growth

FY26 Revenue grew 25% to ₹1240 Cr; PAT increased 15% to ₹106 Cr; EBITDA margins improved to 13.4%.

Outlook

Focus on new products like FENTM Red/Black tractors and front/rear rotary weeders; ongoing institutional partnerships like KAU MOU.

Risks

Export tractor volumes declined 6.7% in FY26; Q4 FY26 PAT dropped 80% due to fair value adjustments.

Source

Earnings Call filed with NSE, NSE: VSTTILLERS. Summary written with AI assistance from the document.

Read the document ↗

VST Tillers Tractors Ltd: key numbers

Share price
₹4,473.30
Market cap
₹3,866 Cr
Revenue (annual)
₹1,240 Cr
Net profit (annual)
₹104.7 Cr
P/E (TTM)
35.5×Sector 33.6×
Promoter holding
55.55%-0.06% QoQ
FII holding
1.21%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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