V.S.T. Tillers Tractors

₹3,952As of Sun 8 Nov 2026, 12:00 UTC

NSE:VSTTILLERSIndustrials

Country India

PE (Fwd) 27.94

TSR 10Y CAGR 8.50%

Div yield 0.63%

ROE —

Farm & Heavy Construction Machinery

Beta (5Y) 0.42

PE TTM 32.75

TSR TTM (33.61%)

Mkt cap ₹34.14B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹4,427

12.03%

(74.72%)

Price above Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

106.90

140.10

107.43

120.68

(7.00%)

31.06%

(23.32%)

12.33%

Revenue₹B

10.06

9.680

9.945

12.40

17.87%

(3.81%)

2.74%

24.72%

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

5Y

10Y

Peers

12.40

Revenue₹B

—

—

—

—

—

8.539

10.06

9.680

9.945

12.40

13.57

9.78%

9.78%

33

24.72

Revenue growth%

—

—

—

—

—

—

17.87

(3.81)

2.74

24.72

9.44

10.30

—

70

31.27

Gross margin%

—

—

—

—

—

31.91

29.53

31.59

30.86

31.27

31.20

31.27

31.27

77

11.64

Operating margin%

—

—

—

—

—

11.83

10.25

10.35

8.96

11.64

11.59

10.35

10.35

77

8.44

Net margin%

—

—

—

—

—

11.63

9.18

12.51

9.35

8.44

8.37

9.35

9.35

77

32.75

P/E ratio (avg)x

—

—

—

—

—

21.79

22.44

24.38

38.58

42.97

30.20

24.38

24.38

32

23.75

EV/EBITx

—

—

—

—

—

21.43

20.10

29.46

40.23

31.16

21.80

29.46

29.46

52

—

FCF yield (avg)%

—

—

—

—

—

—

—

—

—

—

—

—

—

63

—

FCF margin%

—

—

—

—

—

—

—

—

—

—

—

—

—

70

—

FCF / Net incomex

—

—

—

—

—

—

—

—

—

—

—

—

—

63

—

ROIC%

—

—

—

—

—

—

—

—

—

—

—

—

—

93

—

Return on equity%

—

—

—

—

—

—

—

—

—

—

—

—

—

77

—

Return on assets%

—

—

—

—

—

—

—

—

—

—

—

—

—

83

120.67

EPS₹

—

—

—

—

—

114.94

106.90

140.11

107.43

120.67

130.86

1.22%

1.22%

—

12.33

EPS growth%

—

—

—

—

—

—

(7.00)

31.07

(23.33)

12.33

8.44

2.67

—

61

—

Bookvalue per sh₹

—

—

—

—

—

—

—

—

—

—

—

—

—

—

—

FCF per share₹

—

—

—

—

—

—

—

—

—

—

—

—

—

—

25.00

Dividend per sh₹

—

—

—

—

—

20.00

25.00

20.00

20.00

25.00

26.22

5.74%

5.74%

—

0.63

Div yield (avg)%

—

—

—

—

—

0.80

1.04

0.59

0.48

0.48

0.66

0.59

0.59

10

20.72

Payout ratio%

—

—

—

—

—

17.40

23.39

14.28

18.62

20.72

20.04

18.62

18.62

0

8.678

Shares (diluted)M

—

—

—

—

—

8.640

8.640

8.641

8.654

8.678

◌8.678

0.11%

0.11%

34

(0.28)

Buyback yield%

—

—

—

—

—

—

—

(0.01)

(0.15)

(0.28)

◌—

(0.08)

—

34

—

D/E ratiox

—

—

—

—

—

—

—

—

—

—

—

—

—

90

34.29

Enterprise value₹B

—

—

—

—

—

21.64

20.73

29.52

35.87

44.99

34.29

20.08%

20.08%

23

—

LT debt₹M

—

—

—

—

—

—

—

—

—

—

—

—

—

13

Peers (US$359.6M)

Cap (US$)

PE

Swaraj Engines Limited

453.0M

20.00x

Uniparts India Limited

341.4M

16.43x

200.7M

—

Shandong Hongyu…

342.8M

215.1x

Capital

TTM

5Y

10Y

Leveragex

—

—

—

EBIT/Intx

75.45

75.45

75.45

Own earn%

—

—

—

Sh yield%

0.36

0.45

0.45

Owners

Insiders/Inst%

43.41

29.53

Short interest%

—

SBC / revenue%

0.34

Record

10Y

Profitable years

5/5

Revenue growth years

3/4

EPS growth years

2/4

Dividend streakyrs

0

Op margin range%

9–12

$1 testx

—

Incr. ROIC%

—

V.S.T. Tillers Tractors Limited manufactures and trades agricultural machinery in India and internationally.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹12.40B

9.78%

1.00×

Cost of revenue

₹8.524B

10.04%

1.01×

Operating expenses

₹2.435B

9.17%

0.98×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

-

Return on capital

n/m

-

Spread over hurdle

n/m

-