Agricultural, Commercial & Construction Vehicles
Valuation | |
|---|---|
| Market Cap | 5.19 kCr |
| Price/Earnings (Trailing) | 41.51 |
| Price/Sales (Trailing) | 4.16 |
| EV/EBITDA | 26.76 |
| Price/Free Cashflow | 83.84 |
| MarketCap/EBT | 31.27 |
| Enterprise Value | 5.18 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 3.7% |
| Price Change 1M | 11.6% |
| Price Change 6M | 13% |
| Price Change 1Y | 70.7% |
| 3Y Cumulative Return | 38.2% |
| 5Y Cumulative Return | 27% |
| 7Y Cumulative Return | 22.7% |
| 10Y Cumulative Return | 15.6% |
| Revenue (TTM) |
| 1.25 kCr |
| Rev. Growth (Yr) | -84.7% |
| Earnings (TTM) | 125.13 Cr |
| Earnings Growth (Yr) | 140% |
Profitability | |
|---|---|
| Operating Margin | 13% |
| EBT Margin | 13% |
| Return on Equity | 11.81% |
| Return on Assets | 9.31% |
| Free Cashflow Yield | 1.19% |
| Cash Flow from Investing (TTM) | -28.74 Cr |
| Cash Flow from Operations (TTM) | 76.55 Cr |
| Cash Flow from Financing (TTM) | -20.3 Cr |
| Cash & Equivalents | 12.07 Cr |
| Free Cash Flow (TTM) | 56.14 Cr |
| Free Cash Flow/Share (TTM) | 64.95 |
Balance Sheet | |
|---|---|
| Total Assets | 1.34 kCr |
| Total Liabilities | 285.43 Cr |
| Shareholder Equity | 1.06 kCr |
| Current Assets | 1.05 kCr |
| Current Liabilities | 222.52 Cr |
| Net PPE | 205.72 Cr |
| Inventory | 135.88 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 87.79 |
| Interest/Cashflow Ops | 13.45 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 20 |
| Dividend Yield | 0.33% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Recent profitability of 10% is a good sign.
Momentum: Stock price has a strong positive momentum. Stock is up 11.6% in last 30 days.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 38.2% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money looks to be reducing their stake in the stock.
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Recent profitability of 10% is a good sign.
Momentum: Stock price has a strong positive momentum. Stock is up 11.6% in last 30 days.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 38.2% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money looks to be reducing their stake in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.33% |
| Dividend/Share (TTM) | 20 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 144.7 |
Financial Health | |
|---|---|
| Current Ratio | 4.71 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 59.84 |
| RSI (5d) | 61.41 |
| RSI (21d) | 62.71 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of V.S.T.Tillers Tractors's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided an optimistic outlook indicating that V.S.T. Tillers Tractors Limited anticipates continued growth in Q4 with expected growth rates between 25% to 30% for the year. The company has achieved a remarkable 32% growth in revenue for the first nine months of FY '26, totaling INR 912 crores compared to INR 693 crores in the previous year. Key growth drivers included a 55% increase in power tiller sales, with volumes reaching 37,374 units, and an impressive 63% growth in power weeder sales, resulting in 8,399 units sold.
Management also noted an operational EBITDA of 13.1%, improving from 10.2% in the previous year, and a PAT of INR 100.7 crores, up from INR 69.5 crores last year. Looking ahead, they expect to launch new products, including electric power weeders and a revamped ZETOR series of tractors, which should further support growth in both domestic and export markets.
On the export front, while there has been some short-term weakness, management anticipates a turnaround in Q4, aiming for tractor exports to reach 320 units compared to 382 units from the previous year. They also indicated plans to establish operations in Europe, which could leverage the EU FTA for growth opportunities.
Key forward-looking points include:
Overall, management conveys confidence in sustaining growth trajectories across different segments while expanding product offerings and enhancing market reach.
Understand V.S.T.Tillers Tractors ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| V K SURENDRA | 22.38% |
| KOTAK AGGRESSIVE HYBRID FUND | 9.36% |
| V V VIJAYENDRA | 7.24% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MULTI CAP FUND | 7.05% |
| V S T MOTORS PRIVATE LIMITED | 4.5% |
| IKIGAI EMERGING EQUITY FUND | 3.39% |
| MITSUBISHI HEAVY INDUSTRIES ENGINE AND TURBOCHARGER LTD |
Detailed comparison of V.S.T.Tillers Tractors against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| M&M | Mahindra & Mahindra | 4.24 LCr | 1.89 LCr | -4.00% | +20.20% | 24.23 | 2.24 | - | - |
| ESCORTS | Escorts Kubota | 38.24 kCr | 11.59 kCr |
Comprehensive comparison against sector averages
VSTTILLERS metrics compared to Agricultural,
| Category | VSTTILLERS | Agricultural, |
|---|---|---|
| PE | 41.51 | 41.32 |
| PS | 4.16 | 3.84 |
| Growth | -57.1 % | 11.1 % |
V.S.T. Tillers Tractors Limited manufactures and trades agriculture machinery in India and internationally. The company offers tractors; power tillers, weeders, and reapers; brush cutters; electrical pumps; diesel engines; engine, transmission, gear, steering, hydraulic, automotive, and pump set oil, as well as coolants and greases; precision agricultural implements comprising sprayers and rotary tillers; electric compact tractor drivetrains, electric drivetrains for walking tractors, and EV solutions tailored for sub-compact and compact tractors; and hydraulics, transmission, and front axle for agricultural and commercial use. It also provides automotive components; harvesters, binders, transplanters/planters, trench cutters, and front-end loaders; engine parts for tillers and tractors; small farm machinery; and precision components and spare parts. The company markets its products under the VST and FIELDTRAC brands through a network of dealers, distributors, and retailers; and serves small and marginal farmers. It also exports to approximately 40 countries. V.S.T. Tillers Tractors Limited was incorporated in 1967 and is headquartered in Bengaluru, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
VSTTILLERS vs Agricultural, (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Here are the key questions and their detailed answers from the Q&A section of the earnings transcript:
Question: "Could you comment on the marine engine entry that we saw? What is the plan there? And what kind of market are we targeting?" Answer: "It's still early days in the marine segment. We see potential for our compact engines in fishing trawlers and small boats. This was our first exhibition to establish visibility, but we don't have numbers yet. We believe it's a promising opportunity to pursue going forward."
Question: "What size of the market are we targeting in this marine engine segment?" Answer: "The segments vary greatly"”from large trawlers to small luxury boats and powerboats. I won't provide an exact market size at this stage as we're still gathering insights, but details will emerge in the quarters ahead."
Question: "On the new product launch of the FENTM series, have we launched it yet?" Answer: "Yes, we launched it in Gujarat, with plans to introduce it in Maharashtra by Gudi Padwa next month, followed by other states in the next financial year."
Question: "Regarding price corrections, how are we adapting to recent rises in steel prices?" Answer: "Fluctuations in ferrous metals haven't been significant. However, copper prices have risen steeply for specific components, like a particular model's radiator. At this point, these changes aren't materially impacting us."
Question: "What progress have we made on electric tillers or hybrid products?" Answer: "We are set to introduce electric power weeders and tillers soon, aiming to seed them in the market by March. We anticipate a steady scaling based on market responses in the next financial year."
Question: "What explains the traction we're seeing in tillers and is it sustainable?" Answer: "The growth is driven by a normal year for small and marginal farmers, with consistent rainfall. We expect this trend to continue, although sensitivity to changes in rainfall or liquidity could affect it."
Question: "What is the outlook for the international tractor business, particularly with trade deals signed?" Answer: "Europe has potential, and we're working on establishing a base with ground operations to mitigate past challenges. We're hopeful these trade deals will provide some benefits, though details are still emerging."
Question: "What about manufacturing capacity for power weeders?" Answer: "We're scaling up significantly, nearing double the previous year's output. We plan to explore new manufacturing options as current capacities approach full utilization."
Question: "What's the capex for FY '27?" Answer: "We plan for a capex cash outflow of around INR60 crores. This includes investment in a global tech center and product development, with potential expansions in future projects."
Question: "What's the forecast for Q4?" Answer: "We expect growth to continue, projecting a 25% to 30% growth rate overall. For tractors, we aim to sell between 6,000 to 6,500 units, with improving international performance as we establish European operations."
These answers provide insight into VST Tillers Tractors Limited's strategies, expectations, and market outlook moving forward.
| 2.93% |
| V P TIRUVENGADASWAMY | 2.83% |
| V V PRAVINDRA | 2.59% |
| ARUN VELLORE SURENDRA | 2.49% |
| PADMANABAN MOTORS LLP | 1.58% |
| K S AND SONS LLP | 0.99% |
| V V SUJAY | 0.84% |
| V T VELU INVESTMENTS PRIVATE LIMITED | 0.78% |
| GOVE FINANCE LIMITED | 0.76% |
| MAHENDRA BHARATHI | 0.71% |
| V M VISHNU | 0.68% |
| V M ANAND | 0.68% |
| VIJAYENDRA BROTHERS AGENCY LLP | 0.61% |
| AMRITHA V M WARD | 0.59% |
Distribution across major stakeholders
Distribution across major institutional holders
| -4.40% |
| +9.90% |
| 15.72 |
| 3.3 |
| - |
| - |
| FORCEMOT | Force Motors | 32.25 kCr | 8.96 kCr | +23.30% | +259.00% | 23.58 | 3.6 | - | - |
| GREAVESCOT | Greaves Cotton | 3.76 kCr | 3.31 kCr | -1.70% | -40.60% | 34.57 | 1.14 | - | - |
| -0.4% |
| 280 |
| 281 |
| 252 |
| 268 |
| 2,064 |
| 253 |
| Profit Before exceptional items and Tax | 11.1% | 41 | 37 | 57 | 33 | 38 | 58 |
| Exceptional items before tax | - | 0 | 0 | 0 | -0.56 | -2.4 | -0.31 |
| Total profit before tax | 11.1% | 41 | 37 | 57 | 32 | 36 | 57 |
| Current tax | -17.5% | 9.25 | 11 | 8.75 | 9.44 | 46 | 9.09 |
| Deferred tax | 89.3% | 0.86 | -0.31 | 3.29 | -1.77 | -22.5 | 3.33 |
| Total tax | -10% | 10 | 11 | 12 | 7.67 | 23 | 12 |
| Total profit (loss) for period | 20.8% | 30 | 25 | 44 | 24 | 13 | 45 |
| Other comp. income net of taxes | -98.2% | -0.11 | 0.44 | -0.19 | -0.19 | 1.1 | 0.02 |
| Total Comprehensive Income | 20.8% | 30 | 25 | 44 | 24 | 14 | 45 |
| Earnings Per Share, Basic | 22.6% | 35.21 | 28.9 | 51.16 | 28.27 | 1.48 | 51.85 |
| Earnings Per Share, Diluted | 22.6% | 35.06 | 28.78 | 50.95 | 28.22 | 1.47 | 51.74 |
| 17.6% |
| 101 |
| 86 |
| 79 |
| 71 |
| 82 |
| 68 |
| Finance costs | -16.5% | 1.96 | 2.15 | 1.27 | 1.05 | 1.54 | 1.47 |
| Depreciation and Amortization | -7.7% | 25 | 27 | 27 | 25 | 17 | 16 |
| Other expenses | -1% | 99 | 100 | 95 | 81 | 81 | 86 |
| Total Expenses | 4.4% | 911 | 873 | 907 | 756 | 691 | 544 |
| Profit Before exceptional items and Tax | -21.9% | 122 | 156 | 124 | 132 | 119 | 23 |
| Total profit before tax | -21.9% | 122 | 156 | 124 | 132 | 119 | 23 |
| Current tax | -10.7% | 26 | 29 | 31 | 31 | 30 | 11 |
| Deferred tax | -82.1% | 1.65 | 4.63 | 0.97 | 2.19 | -1.88 | -5.7 |
| Total tax | -18.2% | 28 | 34 | 32 | 33 | 28 | 5.1 |
| Total profit (loss) for period | -23.1% | 94 | 122 | 92 | 99 | 91 | 18 |
| Other comp. income net of taxes | 20% | -0.24 | -0.55 | -0.16 | -0.07 | -0.11 | 0.25 |
| Total Comprehensive Income | -22.5% | 94 | 121 | 92 | 99 | 91 | 18 |
| Earnings Per Share, Basic | -22.4% | 109.33 | 140.64 | 107 | 114.95 | 105.06 | 20.83 |
| Earnings Per Share, Diluted | -22.5% | 109.15 | 140.62 | 107 | 114.95 | 105.06 | 20.83 |
| -2.4% |
| 206 |
| 211 |
| 215 |
| 222 |
| 228 |
| 234 |
| Capital work-in-progress | 88.9% | 18 | 10 | 6.85 | 5.24 | 17 | 14 |
| Investment property | 0% | 21 | 21 | 21 | 22 | 22 | 22 |
| Goodwill | - | 0 | 0 | 4.68 | 0 | 0 | 0 |
| Non-current investments | -7.3% | 39 | 42 | 46 | 46 | 94 | 87 |
| Loans, non-current | -1% | 0.03 | 0.04 | 1.65 | 0.06 | 0.05 | 0.06 |
| Total non-current financial assets | -6.8% | 42 | 45 | 50 | 49 | 97 | 90 |
| Total non-current assets | -0.3% | 297 | 298 | 300 | 306 | 369 | 366 |
| Total assets | 6.2% | 1,345 | 1,267 | 1,209 | 1,167 | 1,099 | 1,091 |
| Borrowings, non-current | - | 0 | 0 | 6.9 | 0 | 0 | 0 |
| Total non-current financial liabilities | -2.4% | 42 | 43 | 49 | 42 | 41 | 42 |
| Provisions, non-current | 4.8% | 9.34 | 8.96 | 7.98 | 6.84 | 0 | 0 |
| Total non-current liabilities | 5.1% | 63 | 60 | 70 | 56 | 48 | 46 |
| Total current financial liabilities | 25.2% | 195 | 156 | 138 | 150 | 149 | 180 |
| Provisions, current | 20.5% | 3.94 | 3.44 | 2.92 | 2.58 | 8.91 | 7.02 |
| Total current liabilities | 9.9% | 223 | 203 | 164 | 187 | 179 | 221 |
| Total liabilities | 8.4% | 285 | 263 | 233 | 243 | 227 | 266 |
| Equity share capital | 0% | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 |
| Total equity | 5.5% | 1,059 | 1,004 | 976 | 924 | 872 | 824 |
| Total equity and liabilities | 6.2% | 1,345 | 1,267 | 1,209 | 1,167 | 1,099 | 1,091 |
| 0 |
| 0 |
| 0 |
| - |
| - |
| Net Cashflows from Operations | 32.5% | 103 | 78 | 69 | 191 | - | - |
| Dividends received | - | -1.94 | 0 | -1.52 | -0.74 | - | - |
| Interest paid | - | -0.06 | 0 | -1.12 | -1 | - | - |
| Interest received | - | -0.68 | 0 | -2.17 | -1.86 | - | - |
| Income taxes paid (refund) | -31% | 21 | 30 | 30 | 35 | - | - |
| Other inflows (outflows) of cash | - | -2.47 | 0 | 0 | -1.37 | - | - |
| Net Cashflows From Operating Activities | 58.3% | 77 | 49 | 36 | 153 | - | - |
| Proceeds from sales of PPE | -8.7% | 0 | 0.08 | 0.25 | -0.2 | - | - |
| Purchase of property, plant and equipment | 196.4% | 20 | 7.41 | 24 | 29 | - | - |
| Proceeds from sales of long-term assets | -107.7% | 0 | 14 | 0 | 2.98 | - | - |
| Purchase of other long-term assets | - | 0 | 0 | 0 | 83 | - | - |
| Dividends received | 141% | 1.94 | 1.39 | 0 | 0 | - | - |
| Interest received | -146.2% | 0.45 | 2.19 | 2.17 | -1.86 | - | - |
| Other inflows (outflows) of cash | -18.2% | 1.99 | 2.21 | 3.52 | 2.2 | - | - |
| Net Cashflows From Investing Activities | -489.3% | -28.74 | 8.64 | -31.57 | -109.62 | - | - |
| Payments of lease liabilities | 377.8% | 1.25 | 0.91 | 0 | 0 | - | - |
| Dividends paid | -23.8% | 17 | 22 | 17 | 17 | - | - |
| Interest paid | -21.2% | 1.78 | 1.99 | 1.12 | 1 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | -0.73 | 0 | - | - |
| Net Cashflows from Financing Activities | 16.5% | -20.3 | -24.5 | -19.13 | -18.27 | - | - |
| Net change in cash and cash eq. | -15.6% | 28 | 33 | -14.26 | 25 | - | - |
| Cash equivalents beginning of period | - | - | 44 | 11 | 25 | - | - |