About
V.S.T. Tillers Tractors Limited manufactures and trades agricultural machinery in India and internationally. The company offers power tillers, power weeders, power reapers, brush cutters, and tractors; spare parts, lubricants, diesel engines, and electric pumps; crankshafts, camshafts, and connecting rods; cylinder blocks and heads; locomotive parts; rotary tillers; crankcase and transmission case; precision components, including engine components, locomotive and braking, metro components, light engineering components, and rotary assemblies; precision implements comprising sprayers and rotary tillers; and source electric products. It also provides harvesters, binders, transplanters/planters, trench cutters, and front-end loaders. The company markets its products under the VST FIELDTRAC brand through a network of dealers, distributors, and retailers to small and marginal farmers. V.S.T. Tillers Tractors Limited was incorporated in 1967 and is headquartered in Bengaluru, India.
Key Metrics
as of Sep 2026Market Cap3,624 Cr
P/E33.30
Div Yield0.60 %
Book Value₹1,264.00
52w High₹6,374.00
52w Low₹4,128.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 313.00 | 328.00 | 314.00 | 315.00 | 282.00 | 301.00 | 219.00 | 283.00 | 191.00 | 273.00 | 170.00 | 279.00 | 246.00 |
| Expenses | 273.00 | 282.00 | 274.00 | 275.00 | 245.00 | 262.00 | 200.00 | 246.00 | 178.00 | 234.00 | 160.00 | 235.00 | 214.00 |
| Operating Profit | 40.00 | 47.00 | 40.00 | 40.00 | 37.00 | 40.00 | 19.00 | 37.00 | 13.00 | 39.00 | 9.00 | 43.00 | 32.00 |
| OPM % | 13.00 | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 9.00 | 13.00 | 7.00 | 14.00 | 6.00 | 15.00 | 13.00 |
| Other Income | 28.00 | -31.00 | 7.00 | 3.00 | 26.00 | -1.00 | -9.00 | 27.00 | 21.00 | 10.00 | 18.00 | 14.00 | 18.00 |
| Depreciation | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Interest | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 |
| Profit before tax | 62.00 | 9.00 | 41.00 | 36.00 | 56.00 | 32.00 | 4.00 | 57.00 | 28.00 | 43.00 | 20.00 | 50.00 | 43.00 |
| Tax % | 22.00 | 42.00 | 25.00 | 31.00 | 21.00 | 24.00 | 64.00 | 22.00 | 18.00 | 19.00 | 17.00 | 27.00 | 23.00 |
| Net Profit | 48.00 | 5.00 | 30.00 | 25.00 | 44.00 | 24.00 | 1.00 | 45.00 | 22.00 | 35.00 | 17.00 | 36.00 | 33.00 |
| EPS in Rs | 55.97 | 5.88 | 35.21 | 28.90 | 51.16 | 28.25 | 1.48 | 51.85 | 26.01 | 40.22 | 19.53 | 42.19 | 38.19 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Sales | 1,240.00 | 995.00 | 968.00 | 1,006.00 |
| Expenses | 1,075.00 | 885.00 | 844.00 | 878.00 |
| Operating Profit | 165.00 | 110.00 | 124.00 | 128.00 |
| OPM % | 13.00 | 11.00 | 13.00 | 13.00 |
| Other Income | 4.00 | 38.00 | 60.00 | 25.00 |
| Interest | 2.00 | 2.00 | 3.00 | 2.00 |
| Depreciation | 26.00 | 25.00 | 27.00 | 27.00 |
| Profit before tax | 142.00 | 120.00 | 155.00 | 124.00 |
| Tax % | 26.00 | 23.00 | 22.00 | 25.00 |
| Net Profit | 105.00 | 93.00 | 121.00 | 92.00 |
| EPS in Rs | 121.02 | 107.56 | 140.14 | 106.90 |
| Dividend Payout % | 21.00 | 19.00 | 14.00 | 23.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Equity Capital | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 1,085.00 | 993.00 | 915.00 | 816.00 |
| Borrowings | 2.00 | 2.00 | 1.00 | 2.00 |
| Other Liabilities | 248.00 | 261.00 | 242.00 | 264.00 |
| Total Liabilities | 1,344.00 | 1,265.00 | 1,167.00 | 1,091.00 |
| Fixed Assets | 232.00 | 240.00 | 250.00 | 261.00 |
| CWIP | 18.00 | 10.00 | 5.00 | 14.00 |
| Investments | 630.00 | 523.00 | 484.00 | 430.00 |
| Other Assets | 464.00 | 492.00 | 428.00 | 385.00 |
| Total Assets | 1,344.00 | 1,265.00 | 1,167.00 | 1,091.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Cash from Operating Activity | 132.00 | 77.00 | 49.00 | 36.00 |
| Cash from Investing Activity | -136.00 | -29.00 | 9.00 | -32.00 |
| Cash from Financing Activity | -20.00 | -20.00 | -24.00 | -19.00 |
| Net Cash Flow | -24.00 | 28.00 | 33.00 | -14.00 |
| Free Cash Flow | 105.00 | 56.00 | 41.00 | 12.00 |
| CFO/OP % | 100.00 | 89.00 | 63.00 | 52.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Debtor Days | 51.00 | 75.00 | 58.00 | 54.00 |
| Inventory Days | 53.00 | 54.00 | 65.00 | 56.00 |
| Days Payable | 43.00 | 53.00 | 55.00 | 68.00 |
| Cash Conversion Cycle | 60.00 | 76.00 | 69.00 | 42.00 |
| Working Capital Days | 64.00 | 76.00 | 72.00 | 50.00 |
| ROCE % | 14.00 | 12.00 | 18.00 | — |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 03 Sep 2025 | 03 Sep 2025 | — | 20.00 | |
| Dividend | 12 Sep 2024 | — | — | 20.00 | |
| Dividend | 25 Aug 2023 | — | — | 25.00 | |
| Dividend | 11 Aug 2022 | — | — | 20.00 | |
| Dividend | 18 Aug 2021 | — | — | 20.00 | |
| Other | 16 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 23 Mar 2020 | 25 Mar 2020 | — | 15.00 | |
| Dividend | 01 Aug 2019 | — | — | 15.00 | |
| Dividend | 02 Aug 2018 | — | — | 35.00 | NSE/BSE dividend mismatch: BSE/NSE=15.0; BSE=35.0 |
| Dividend | 02 Aug 2018 | — | — | 15.00 | NSE/BSE dividend mismatch: BSE/NSE=15.0; BSE=35.0 |
| Dividend | 03 Aug 2017 | — | — | 15.00 | |
| Other | 19 Aug 2016 | — | — | — | Annual General Meeting |
| Dividend | 21 Mar 2016 | 22 Mar 2016 | — | 15.00 | |
| Dividend | 03 Aug 2015 | — | — | 15.00 | |
| Dividend | 07 Aug 2014 | — | — | 15.00 | |
| Dividend | 07 Aug 2013 | — | — | 9.00 | |
| Dividend | 07 Aug 2012 | — | — | 9.00 | |
| Dividend | 03 Aug 2011 | — | — | 9.00 | |
| Dividend | 05 Aug 2010 | — | — | 7.50 | |
| Bonus | 08 Feb 2010 | 09 Feb 2010 | 1:2 | — | |
| Dividend | 07 Aug 2009 | — | — | 7.50 | |
| Dividend | 26 Aug 2008 | — | — | 5.00 | |
| Dividend | 23 Aug 2007 | — | — | 4.00 | |
| Dividend | 17 Jul 2001 | — | — | 2.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update29 Jul from icra
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Rating update8 Apr 2025 from icra
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Rating update14 Mar 2024 from icra
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Rating update10 Jan 2023 from icra
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Rating update31 Jan 2022 from icra
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Rating update27 Nov 2020 from icra
Conference Calls
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