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Earnings Call

VST Tillers Tractors Earnings Call: Key Takeaways

VST Tillers Tractors reports strong FY26 performance with 25% revenue growth driven by record power tiller sales and improved operational EBITDA margins of 13.4%.

Highlights
Revenue growth25% YoY growth for FY26.
MarginsOperational EBITDA improved 220bps to 13.4% in FY26.
Demand visibilityStrong demand in April/May; dependent on monsoon distribution.
Management confidenceHigh on long-term FY30 targets; cautious on short-term monsoon impact.

Growth

FY26 revenue hit ₹1,240cr (up 25% YoY); Power tillers grew 35% to 50,332 units.

Outlook

Targeting 5,000-6,000 high-HP tractors by FY30; Zetor brand targets 1,000 units in FY27.

Risks

Inflationary pressures (fuel/commodities), monsoon uncertainties (92% LPA prediction), and potential fertilizer shortages.

Source

Earnings Call filed with BSE, 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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