VST Tillers Tractors Ltd

VST Tillers Tractors Ltd

₹ 3,530 6.69%
26 Apr - close price
About

VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well-known century-old business house in South India. The founder of the group was Sri V.S. Thiruvengadaswamy Mudaliar.
VST Tillers Tractors Ltd. was promoted by VST Motors as a joint venture since 1966 with Mitsubishi Heavy Industries Ltd, Japan. The company is now the largest manufacturer of Power Tillers in India.

All of the collaborations have expired [1] and today VST family holds 51% of the equity in the listed company that has recorded consistent growth. [2]

Key Points

Brands
VST SHAKTI is India's No 1 brand in Power Tiller (walking Tractor) in India introduced over five decades ago. Tractors are also being marketed under the "FIELDTRAC" brand in various markets of the European Union meeting the latest EU standards. The Co. initially introduced as "VST Mitsubishi", has now expanded its presence under the brand "VST SHAKTI" with a range of compact and agricultural Tractors. [1]

  • Market Cap 3,050 Cr.
  • Current Price 3,530
  • High / Low 4,196 / 2,363
  • Stock P/E 33.0
  • Book Value
  • Dividend Yield 0.71 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Automobile Industry: Automobiles - Tractors

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Sep 2023 Dec 2023
214 279 170
190 235 160
Operating Profit 23 43 9
OPM % 11% 15% 6%
9 14 18
Interest 0 0 1
Depreciation 7 7 7
Profit before tax 25 50 20
Tax % 22% 27% 17%
19 36 17
EPS in Rs 22.49 42.19 19.53
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
1,006
879
Operating Profit 127
OPM % 13%
25
Interest 1
Depreciation 27
Profit before tax 124
Tax % 25%
92
EPS in Rs 106.92
Dividend Payout % 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 13%
5 Years: 23%
3 Years: 25%
1 Year: 42%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Net Cash Flow

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.77% 54.77% 54.82% 54.82% 54.82% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.64%
5.26% 5.15% 5.67% 5.54% 5.43% 3.98% 1.26% 1.26% 1.76% 2.07% 2.02% 1.88%
13.60% 14.97% 15.20% 15.85% 16.40% 16.39% 19.73% 19.79% 18.97% 17.24% 16.61% 16.87%
26.37% 25.11% 24.30% 23.79% 23.35% 24.03% 23.42% 23.37% 23.69% 25.12% 25.79% 25.62%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00%
No. of Shareholders 22,68721,10622,20520,68220,87721,70721,60423,73023,92325,45626,12126,855

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls