V.S.T Tillers Tractors Limited

Capital Goods · Agricultural, Commercial & Construction Vehicles

NSE: VSTTILLERS BSE: 531266

₹4390.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Agricultural, Commercial & Construction Vehicles

The largest companies in the same industry by market cap. This company ranks #8 of 14. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Tata Motors Limited	155,272	44.7	—	—	0.95%	68	0	29
Ashok Leyland Limited	90,569	25.3	20.1%	9.2%	2.27%	54	31	12
Escorts Kubota Limited	30,377	21.4	19.4%	-25.4%	1.88%	75	66	10
BEML Limited	16,595	69.4	4.8%	-53.9%	—	71	3	50
Action Construction Equipment Limited	14,671	32.8	20.6%	15.2%	0.16%	84	3	88
SML Mahindra Limited	9,519	60.9	30.8%	109.6%	0.36%	75	0	53
Ajax Engineering Limited	6,716	29.5	16.2%	-10.2%	—	65	23	85
V.S.T Tillers Tractors Limited (this stock)	3,799	34.5	9.6%	-16.5%	—	62	26	68

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹3,752 Cr

EV / EBITDA

21.4x

EV / Sales

2.95x

Market cap / Sales

2.99x

Earnings yield

2.90%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 341 Cr, up 10.7% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 49 Cr, up 9.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	313	62	49	₹56.3200
March 31, 2026	328	9	5	₹6.1200
Dec. 31, 2025	314	41	31	₹35.5400
Sept. 30, 2025	315	37	25	₹29.4200
June 30, 2025	282	57	45	₹51.5600
March 31, 2025	301	33	25	₹28.9100
Sept. 30, 2024	283	58	45	₹52.0100
June 30, 2024	191	28	23	₹26.4500
March 31, 2024	273	43	35	₹40.6500
Dec. 31, 2023	170	20	17	₹19.6200
Sept. 30, 2023	279	50	36	₹42.1900
June 30, 2023	246	43	33	₹38.1900
March 31, 2023	323	53	40	₹46.0000

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	341	297	321	318	308	301	310	212	284	188	292	264	328
Operating revenue	313	328	314	315	282	301	283	191	273	170	279	246	323
Other income	28	-31	7	3	26	-1	27	21	10	18	14	18	5
Operating expenses	273	282	274	274	245	261	246	177	234	160	235	214	268
Operating profit	40	47	41	41	38	40	38	13	40	10	43	32	55
Operating profit margin	12.9%	14.3%	12.9%	13.0%	13.3%	13.4%	13.3%	7.0%	14.6%	5.6%	15.5%	12.9%	16.9%
Depreciation	5	6	6	6	6	6	6	6	7	7	7	7	7
Interest	0	0	1	1	0	0	1	1	1	1	0	1	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	62	9	41	37	57	33	58	28	43	20	50	43	53
Tax	14	4	10	11	12	8	13	5	8	3	13	10	12
Net profit	49	5	31	25	45	25	45	23	35	17	36	33	40
EPS	56.32	6.12	35.54	29.42	51.56	28.91	52.01	26.45	40.65	19.62	42.19	38.19	46.00
Net profit (TTM)	110	106	126	140	137	128	120	111	122	127	129	115	92
EPS (TTM)	127.40	122.64	145.43	161.90	158.93	148.02	138.73	128.91	140.65	146.00	148.87	133.00	106.44

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,240	143	106
March 31, 2025	995	122	94
March 31, 2024	968	156	122
March 31, 2023	1,006	124	92

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	6.5%	9.0%	1,245^†	—	1,029^†	1,031^†	810^†	567^†	658^†	809^†	711^†
Operating revenue	7.2%	10.2%	1,240	995	968	1,006	764^†	544^†	615^†	764^†	695^†
Other income	—	—	4^†	—	61^†	25^†	46^†	24^†	44^†	45^†	16^†
Operating expenses	—	—	1,074^†	—	844^†	879^†	672^†	525^†	569^†	—	594^†
Operating profit	9.3%	12.6%	166^†	—	124^†	127^†	92^†	19^†	46^†	—	100^†
Operating profit margin	—	—	13.4%^†	—	12.8%^†	12.6%^†	12.0%^†	3.5%^†	7.5%^†	—	14.5%^†
Depreciation	—	—	26^†	—	27^†	27^†	17^†	16^†	16^†	11^†	12^†
Interest	—	—	2^†	—	2^†	1^†	2^†	3^†	2^†	—	3^†
Exceptional items, gain / (loss)	—	—	0^†	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	4.8%	3.7%	143	122	156	124	119^†	23^†	72^†	152^†	100^†
Tax	—	—	37^†	—	34^†	32^†	28^†	5^†	25^†	40^†	31^†
Net profit	4.7%	3.2%	106	94	122	92	91^†	18^†	46^†	112^†	68^†
EPS	4.8%	3.1%	122.64^†	—	140.65^†	106.44^†	105.06^†	20.87^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	13.4%^†	—	12.8%^†	12.6%^†	12.0%^†	3.5%^†	7.5%^†	—	14.5%^†
EBIT margin	11.7%^†	—	16.3%^†	12.4%^†	15.8%^†	4.9%^†	12.0%^†	—	14.8%^†
PBT margin	11.5%	12.3%	16.1%	12.3%	15.6%^†	4.3%^†	11.6%^†	19.9%^†	14.3%^†
Net margin	8.5%	9.5%	12.6%	9.2%	11.9%^†	3.3%^†	7.5%^†	14.7%^†	9.9%^†
Interest coverage	75.79x^†	—	73.28x^†	105.16x^†	78.42x^†	8.11x^†	32.79x^†	—	34.40x^†
Dividend payout	16.3%^†	—	17.8%^†	18.8%^†	0.0%^†	143.7%^†	—	—	—
Earnings retention	83.7%^†	—	82.2%^†	81.2%^†	100.0%^†	-43.7%^†	—	—	—
Current ratio	5.63x	4.77x	—	—	—	—	—	—	—
Quick ratio	4.98x	4.27x	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—
Return on equity	9.7%	9.4%	—	—	—	—	—	—	—
Return on assets	7.9%	7.5%	—	—	—	—	—	—	—
Return on capital employed	12.5%^†	—	—	—	—	—	—	—	—
Asset turnover	0.92x	0.78x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	132	-136	-20	26	105
March 31, 2025	77	-29	-20	20	56
March 31, 2024	49	9	-25	7	41
March 31, 2023	36	-32	-19	24	12
March 31, 2022	153	-110	-18	29	124

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,347	1,097	1,089	0	0	1,071	190	47	204	123
March 31, 2025	1,267	1,004	995	0	0	969	203	71	211	101
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.