VST Tillers Tractors Limited (VSTTILLERS) AI Stock Analysis

• Market Cap: ₹52.50B
• Dividend Yield: 0.35%
• Average Volume (3M): 820.00
• Price to Earnings (P/E): 55.3
• Beta (1Y): 1.38
• Revenue Growth: 21.88%
• EPS Growth: -20.20%
• Country: IN
• Employees: 755
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural - Machinery
• EPS (TTM): 30.15
• Shares Outstanding: 8,643,358
• 10 Day Avg. Volume: 890
• 30 Day Avg. Volume: 820
• PEG Ratio: -1.49
• Price to Book (P/B): 3.20
• Price to Sales (P/S): 3.23
• P/FCF Ratio: 57.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹6,093.00 ▼(-0.08% Downside)

The overall stock score of 58 reflects a strong financial foundation with robust revenue growth and a solid balance sheet. However, technical indicators suggest bearish momentum, and the stock appears overvalued based on its P/E ratio. The lack of earnings call data and corporate events limits additional insights.

Positive Factors

Balance sheet strength

Extremely low leverage and a high equity ratio give the company durable financial flexibility. This reduces interest burden, supports capex or dealer credit in cyclical agriculture markets, and allows the firm to fund growth or absorb demand shocks without resorting to costly external debt.

Revenue & margin profile

Sustained top-line expansion alongside a robust gross margin indicates enduring demand for compact tractors and tillers and effective production/pricing. Stable gross margins preserve reinvestment capacity for product development, spares ecosystem and distribution support over the medium term.

Cash generation

Strong free cash flow growth and high operating cash conversion show earnings translate into liquidity. This supports capital expenditure, working capital for dealer networks, and reinvestment in spare-parts/service capabilities without relying on external financing.

Negative Factors

Net margin compression

A noticeable drop in net margin signals growing cost or mix pressure beneath stable gross margins. If persistent, lower net profitability can erode retained earnings and ROE, constraining capacity to expand services, dealer incentives, or margin-enhancing investments over the medium term.

Earnings decline

A pronounced decline in EPS despite revenue growth highlights profit-quality issues such as higher operating costs, one-time charges, or adverse mix. Sustained EPS contraction can limit internal funding for strategic initiatives and weaken investor confidence in long-term earnings power.

Low shareholder income

A very low dividend yield suggests limited cash returned to shareholders despite healthy cash generation. For income-focused holders, this reduces appeal and may indicate management preference to retain cash for conservative balance-sheet management rather than distributing excess cash.

VST Tillers Tractors Limited Business Overview & Revenue Model

Company Description

V.S.T. Tillers Tractors Limited engages in the manufacture and trading of agriculture machinery primarily in India. It provides power tillers, tractors, rice transplanters, power reapers, rotary tillers, brush cutters, hedge trimmers, power weeders, attachments, and engines, as well as spares and lubes. The company also offers diesel engine components, such as case covers, transmission and crankcases, camshafts, crankshafts, and connecting rods; and light engineering components comprising fuel pump clamps, balancer weights, hydraulic actuators, brake shoes and yokes, suspension links, and caliper levers. It markets its products through a network of dealers and vendors. The company also exports primarily to Western Europe, South Africa, Ecuador, Haiti, Vietnam, and internationally. V.S.T. Tillers Tractors Limited was incorporated in 1967 and is based in Bengaluru, India.

How the Company Makes Money

VST Tillers Tractors Limited generates revenue through the sale of its core products, which include power tillers, tractors, and related agricultural machinery. The company benefits from a robust distribution network that ensures its products reach various markets across India and potentially abroad. Key revenue streams include direct sales of agricultural equipment and spare parts, as well as after-sales services that enhance customer satisfaction and loyalty. Additionally, VSTTILLERS may engage in strategic partnerships with agricultural cooperatives and financial institutions to facilitate financing options for customers, thereby expanding its market reach. The company's focus on innovation and quality also helps to establish a strong brand presence, contributing to repeat business and customer referrals.

VST Tillers Tractors Limited Financial Statement Overview

Summary

VST Tillers Tractors Limited exhibits strong financial health with consistent revenue growth and a robust balance sheet characterized by low leverage and high equity. While profitability metrics show slight pressure, the company maintains efficient operations and solid cash generation. The overall financial position is stable, with potential for continued growth in the agricultural machinery sector.

Income Statement

VST Tillers Tractors Limited shows a strong performance with a consistent revenue growth trend, especially notable with a 3.26% increase in the latest year. The gross profit margin remains robust at approximately 31.28%. However, the net profit margin has slightly decreased from 12.57% to 9.35% in the latest year, indicating some pressure on net earnings. EBIT and EBITDA margins are strong, reflecting operational efficiency.

Balance Sheet

The company's balance sheet is solid with a low debt-to-equity ratio of 0.002, indicating minimal leverage and a strong equity position. The return on equity stands at 9.28%, showing effective use of shareholders' funds. The equity ratio of 79.23% highlights financial stability and a low reliance on debt financing.

Cash Flow

Cash flow metrics indicate a positive operational trend with a free cash flow growth rate of 36.24% over the past year. The operating cash flow to net income ratio is 0.82, suggesting strong cash generation from earnings. The free cash flow to net income ratio of 0.60 indicates efficient cash utilization, though there is room for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.86B	9.95B	9.68B	10.06B	8.50B	7.61B
Gross Profit	3.10B	3.11B	1.83B	3.02B	2.65B	2.47B
EBITDA	1.78B	1.25B	1.85B	1.53B	1.59B	1.38B
Net Income	1.15B	929.70M	1.21B	923.70M	993.10M	907.76M
Balance Sheet
Total Assets	0.00	12.65B	11.67B	10.91B	9.66B	8.85B
Cash, Cash Equivalents and Short-Term Investments	5.58B	5.58B	4.82B	4.11B	3.55B	2.86B
Total Debt	0.00	19.64M	13.54M	18.88M	10.46M	4.51M
Total Liabilities	-10.02B	2.63B	2.43B	2.66B	2.17B	2.18B
Stockholders Equity	10.02B	10.02B	9.24B	8.24B	7.50B	6.68B
Cash Flow
Free Cash Flow	0.00	561.39M	412.09M	121.84M	954.51M	1.26B
Operating Cash Flow	0.00	765.46M	486.14M	364.27M	1.24B	1.55B
Investing Cash Flow	0.00	-287.44M	86.39M	-315.73M	-1.10B	-1.48B
Financing Cash Flow	0.00	-203.03M	-245.00M	-191.28M	-182.76M	-15.20M

VST Tillers Tractors Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6097.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VSTTILLERS, the sentiment is Positive. The current price of 6097.9 is above the 20-day moving average (MA) of 5617.18, above the 50-day MA of 5747.55, and above the 200-day MA of 4936.58, indicating a bullish trend. The MACD of 5.40 indicates Negative momentum. The RSI at 57.55 is Neutral, neither overbought nor oversold. The STOCH value of 85.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VSTTILLERS.

VST Tillers Tractors Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LAOPALA	64 Neutral	₹22.20B	21.98	―	3.64%	-8.09%	-12.59%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
HONDAPOWER	61 Neutral	₹22.40B	29.52	―	1.38%	-1.54%	10.30%
VSTTILLERS	58 Neutral	₹52.50B	55.31	―	0.35%	21.88%	-20.20%
MBAPL	58 Neutral	₹37.67B	35.99	―	0.12%	65.92%	224.35%
JISLDVREQS	54 Neutral	₹27.45B	90.21	―	―	5.79%	9.84%

VST Tillers Tractors Limited Corporate Events

V.S.T Tillers Tractors Posts Strong Growth in January 2026 Sales Volumes

V.S.T Tillers Tractors Limited reported strong sales volumes for January 2026, with power tiller sales rising to 4,810 units from 3,105 a year earlier and tractor sales increasing to 447 units from 311 units in the same month of the previous year. On a year-to-date basis, total power tiller and tractor sales climbed to 46,868 units for the period ended January 2026, up from 31,432 units in the corresponding period of the prior year, indicating robust demand momentum and an expansion in the company’s market presence in the agricultural equipment space, although the company noted that these figures are unaudited and may be subject to revision.

VST Tillers Tractors Announces Upcoming Media Interaction

VST Tillers Tractors Limited has announced a scheduled media interaction on November 7, 2025, as part of its compliance with SEBI’s disclosure regulations. The company assures that no unpublished price-sensitive information will be shared during this interaction, indicating a focus on transparency and regulatory adherence.