| Revenue growth | Q2 +2% YoY, H1 +6%; partly volume-driven, with price hikes taken. |
|---|---|
| Margins | Op. EBITDA 11% vs 13% LY; commodity-driven contraction, no peer comparison. |
| Order book | Good government order pipeline for tillers; no numbers given. |
| Demand visibility | Tillers and weeders strong pipeline; tractors hit by Maharashtra drought, flat FY27. |
| Management confidence | Balanced: confident on power tillers and weeders, cautious on tractors. |
Growth
Revenue +2% to ₹321.6 Cr; H1 +6% to ₹635 Cr. Operational EBITDA 11% vs 13%, raw-material driven.
Outlook
Power weeders ~40% growth in FY27; Zetor 40–50%; domestic and export tractors flat; Netherlands warehouse ops from Q4.
Risks
Maharashtra drought (~40% of compact tractor sales) deepening; commodity-driven margin squeeze; inventory and receivables rising.
Earnings Call Transcript filed with BSE, NSE: VSTTILLERS. Summary written with AI assistance from the document.
VST Tillers Tractors Ltd: key numbers
- Share price
- ₹3,890.90
- Market cap
- ₹3,363 Cr
- Revenue (annual)
- ₹1,240 Cr
- Net profit (annual)
- ₹104.7 Cr
- P/E (TTM)
- 31.6×Sector 33.1×
- Promoter holding
- 55.55%+0.00% QoQ
- FII holding
- 1.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from VST Tillers Tractors Ltd
All →VST Tillers Tractors Q2 FY27 Results: Net Profit ₹22.4 Cr, Down 10.4% YoY
VST Tillers Tractors Ltd reported revenue from operations of ₹321.6 Cr (+2.1% YoY) and net profit of ₹22.4 Cr (-10.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹22.4 Cr · -10.4% YoY
VST Tillers Tractors Business Update
VST Tillers Tractors reported October 2026 unaudited sales of 3,519 units, down from 4,664 a year earlier. Year-to-date sales were 33,103 units against 32,069 units last year.
VST Tillers Tractors Board Meeting Date
VST Tillers Tractors will hold a board meeting on November 5, 2026 to approve unaudited quarter and half-year results. The notice is only a future meeting intimation.
VST Tillers Tractors Other Announcement
The company filed its quarterly shareholding pattern for the period ended September 30, 2026. This is a routine regulatory compliance filing.
VST Tillers Tractors Business Update
VST Tillers Tractors Ltd reported total sales of 5,954 units for September 2026. This reflects an increase from 4,481 units in the corresponding month last year.
VST Tillers Tractors Management Change
V.S.T TILLERS TRACTORS LTD has appointed Mrs. Shuba Kumar as a Non-Executive Independent Director, effective July 27, 2026, for a five-year term.