VSTTILLERSIndustrials

V.S.T Tillers Tractors Limited

Tractors · ISIN INE764D01017 · BSE 531266 · NSE EQ · FV ₹10
Last price
₹4,201
+5.12%today
What this company does

V.S.T Tillers Tractors Limited operates in Tractors, part of the Industrials sector. It booked ₹313 cr of revenue in its latest quarter (Q1 FY27) and kept 15.5% of sales as profit.

In the report:
81out of 100
Equitytale Health Score
Fortress

Healthier than 81% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 246–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns79

How much profit it earns on the money it employs

Balance sheet97

How much it owes, and whether earnings cover the interest

Cash quality81

Whether reported profit actually arrives as cash

Valuation52

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 15% net margin
Sales up 11% vs last year
Profit up 10% vs last year
Promoters hold 56%
No promoter shares pledged
Strong 18% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in VSTTILLERS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹4,201 +5.12%
latest close · 2026-09-17
1-year return
+66.2%
52-wk low ₹2,26852-wk high ₹4,709
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio18.8Average
LowAverageHigh
P/B ratio3.32High
Below bookModerateHigh
EV / EBITDA13.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.7%Strong
WeakFairStrong ▸15%
Return on capital21.8%Strong
WeakFairStrong
Net margin15.5%Strong
ThinDecentStrong
EBITDA margin21.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover143.0×Strong
RiskyOkayStrong ▸5×
Current ratio5.63Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,635 cr
Book value
₹1,264
EPS
₹55.97
latest quarter
Net debt
₹-47 cr
more cash than debt
Enterprise value
₹3,588 cr
EBITDA
₹273 cr
annualised
EBIT
₹252 cr
annualised
Operating margin
20.1%
Return on assets
14.4%
Earnings yield
5.33%
P/S
2.90
Sales / share
₹1,448.8
Tax rate
22.0%
Face value
₹0
Shares
0.9 cr
Working capital
₹881 cr
Current assets
₹1,071 cr
Current liabilities
₹190 cr
Delivery %
60.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹841₹1,703, midpoint ₹1,272

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹313 cr
Other Income₹28 cr
Total Income₹341 cr
Cost of Materials₹182 cr
Purchases of Stock-in-Trade₹35 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹30 cr
Finance Costs₹44 L
Depreciation & Amortisation₹5 cr
Other Expenses₹28 cr
Total Expenses₹279 cr
Profit before Tax₹62 cr
Tax Expense₹14 cr
Share of JV / Associates₹-30 L
Net Profit₹48 cr
Net margin on total income14.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹215 cr63.0%
Employee benefit expense₹30 cr8.7%
Finance costs₹44 L0.1%
Depreciation & amortisation₹5 cr1.6%
Other expenses₹28 cr8.3%
Tax expense₹14 cr4.0%
Profit for the period₹48 cr14.2%
Total income ₹341 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue314 cr328 cr313 cr
Total income321 cr297 cr341 cr
Expenses280 cr288 cr279 cr
Profit before tax41 cr9 cr62 cr
Tax10 cr4 cr14 cr
Net profit (owners' share)30 cr5 cr48 cr
Net margin (owners' share, on revenue)9.7%1.5%15.5%
EPS (₹)35.215.8955.97
YoY (latest quarter): total income +10.7% · net profit +9.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,344 cr
Shareholder equity
₹1,094 cr
parent shareholders
Total debt
₹0 cr
Cash
₹47 cr
Cash flow · H1 FY26
Operating
₹62 cr
Investing
₹-103 cr
Financing
₹-19 cr
Peer comparison
Industrials · by market value (sector-level match)
CompanyPriceMarket capP/E
Centum Electronics Limited₹4,343₹60,214 cr142.7
INDO-MIM Limited₹993₹48,086 cr50.1
Happy Forgings Limited₹2,143₹20,227 cr55.2
LMW Limited₹18,170₹19,406 cr87.4
SIGMA ADVANCED SYSTEMS LIMITED₹857₹15,105 cr106.6
Swan Defence and Heavy Industries Limited₹2,721₹14,334 cr
Ingersoll Rand (India) Limited₹4,225₹13,339 cr47.3
Kirloskar Industries Limited₹3,781₹9,166 cr29.1
Esab India Limited₹5,619₹8,646 cr38.5
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.60%
trailing 12 months
Dividend / share (TTM)
₹25
Last dividend
₹25
ex 16 Sep 2026
ActionDetailEx-date
Dividend₹25 / share16 Sep 2026
Dividend₹20 / share3 Sep 2025
Dividend₹20 / share12 Sep 2024
Dividend₹25 / share25 Aug 2023
Dividend₹20 / share11 Aug 2022
Dividend₹20 / share18 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
55.5%
FII / Foreign
1.2%
DII / Domestic
20.0%
Retail / others
23.3%
Smart-money activity
Insider trades
BoughtS Mahalakshmi · Promoter2.30 L4 Aug 26
BoughtS Mahalakshmi · Promoter2.30 L4 Aug 26
SoldVIJAYENDRA BROTHERS INVESTMENTS PRIVATE LIMITED · Promoters52,47030 Sep 24
Bulk / block deals
short · NSE117 Feb 26
short · NSE256 Feb 26
short · NSE6627 Sep 24
Stake changes
BoughtS Mahalakshmi · promoter→ 3.07% · 2.30 L4 Aug 26
BoughtSita Rajgopal · promoter→ 0.13%25 Jun 26
BoughtV. V. PRAVINDRA · promoter→ 2.59%25 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 10 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
18.43 L votes for, 468 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Audited consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
18.43 L votes for, 468 against · 0% of mutual funds and other big investors said no
3
To declare final dividend of ₹ 20 /- per equity share for the Financial Year ended March 31, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
18.44 L votes for, 468 against · 0% of mutual funds and other big investors said no
4
To consider appointment of a director in place of Mr. Arun V. Surendra (DIN: 01617103), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible offers, himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
18.42 L votes for, 2,382 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 27 named members
owning 55.6% between them · as of 2026-06-30
V V VIJAYENDRA19.37%
V P TIRUVENGADASWAMY10.39%
V S T MOTORS PRIVATE LIMITED4.49%
MITSUBISHI HEAVY INDUSTRIES ENGINE AND TURBOCHARGER LTD2.93%
V K SURENDRA2.66%
V V PRAVINDRA2.59%
ARUN VELLORE SURENDRA2.49%
PADMANABAN MOTORS LLP1.58%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.