---
title: "VST Tillers Tractors Ltd (VSTTILLERS) — Share Price, Financials & Analysis"
symbol: "VSTTILLERS"
company: "VST Tillers Tractors Ltd"
canonical: "https://tapetide.com/stocks/VSTTILLERS"
isin: "INE764D01017"
nse_symbol: "VSTTILLERS"
bse_code: "531266"
sector: "Industrials"
industry: "Agricultural, Commercial & Construction Vehicles"
market_cap_cr: 3506.53
generated_at: "2026-09-13T18:41:13.819Z"
---

# VST Tillers Tractors Ltd (VSTTILLERS)

Canonical page: https://tapetide.com/stocks/VSTTILLERS

## Company

- **NSE Symbol:** VSTTILLERS
- **BSE Code:** 531266
- **ISIN:** INE764D01017
- **Sector:** Industrials
- **Industry:** Agricultural, Commercial & Construction Vehicles
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2011-06-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vsttractors.com

## About

V.S.T. Tillers Tractors Ltd manufactures 
and trades agricultural machinery, including 
power tillers, compact and higher-HP tractors, power weeders, reapers, brush cutters and 
diesel engines. It also distributes spares, 
lubricants and electric pumps and manufactures precision components for agriculture, automotive, locomotive and other industrial applications. 
The company has over 70% domestic power
-tiller market share. [1] [2]

## Latest Price

- **Price:** ₹4042.9
- **Change:** -38.4 (-0.94%)
- **Open:** ₹4082
- **Day High:** ₹4088.9
- **Day Low:** ₹4026.3
- **Previous Close:** ₹4081.3
- **Volume:** 6213
- **As Of:** 2026-09-11T10:27:18+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:14.642263Z.

- **Market Cap:** ₹3506.53 Cr
- **Classification:** Microcap
- **P/E (reported):** 32.5
- **P/E (TTM):** 31.74
- **EPS (TTM):** ₹127.39
- **EPS (reported):** ₹127.95
- **Book Value:** ₹1264.48
- **Price to Book:** 3.24
- **Dividend Yield:** 0.61%
- **ROE:** 9.57%
- **ROCE:** 12.43%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1244.7 Cr
- **Net Income:** ₹104.7 Cr
- **EBITDA:** ₹170.3 Cr
- **52-Week High:** ₹6374
- **52-Week Low:** ₹4062.1
- **RSI (14):** 26.92

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Falling
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 88.36 | 9% |
| growth | 50 | 9% |
| momentum | 18.6 | 12% |
| ownership | 49.06 | 24% |
| quality | 63.56 | 22% |
| valuation | 50 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 17.6%

### Weaknesses

- Stock is trading at 3.19 times its book value
- The company has delivered a poor sales growth of 10.2% over past five years.
- Company has a low return on equity of 10.9% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 71.93% | 170.75% | — |
| ebitda margin growth | 342.21% | -5.39% | -23.83% | — |
| net income growth | 849.02% | 12.58% | 5% | 3% |
| revenue growth | 14.87% | 20.51% | 7% | 10% |
| roce | 583.73% | 7.81% | -22.6% | — |
| roe | 851.47% | 3.13% | 10.65% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 279 | 170 | 273 | 191 | 283 | 219 | 301 | 282 | 315 | 314 | 328 | 313 |
| Expenses | 235 | 160 | 234 | 177 | 246 | 200 | 261 | 245 | 274 | 274 | 282 | 273 |
| Operating Profit | 43 | 10 | 40 | 13 | 38 | 20 | 40 | 38 | 41 | 41 | 47 | 40 |
| OPM % | 15 | 6 | 15 | 7 | 13 | 9 | 13 | 13 | 13 | 13 | 14 | 13 |
| Other Income | 14 | 18 | 10 | 21 | 27 | -9 | -1 | 26 | 3 | 7 | -31 | 28 |
| Interest | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Depreciation | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 |
| Profit before tax | 50 | 20 | 43 | 28 | 58 | 4 | 33 | 57 | 37 | 41 | 9 | 62 |
| Tax % | 27 | 17 | 18 | 18 | 22 | 56 | 23 | 21 | 30 | 25 | 41 | 22 |
| Net Profit | 36 | 17 | 35 | 23 | 45 | 2 | 25 | 45 | 25 | 31 | 5 | 49 |
| EPS in Rs | 42.19 | 19.62 | 40.65 | 26.45 | 52.01 | 1.97 | 28.9 | 51.55 | 29.42 | 35.54 | 6.11 | 56.32 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 763 | 615 | 544 | 764 | 854 | 1006 | 968 | 995 | 1240 | 1271 |
| Expenses | 644 | 560 | 514 | 670 | 729 | 878 | 843 | 883 | 1074 | 1103 |
| Operating Profit | 120 | 55 | 30 | 95 | 125 | 128 | 125 | 111 | 167 | 169 |
| OPM % | 16 | 9 | 6 | 12 | 15 | 13 | 13 | 11 | 13 | 13 |
| Other Income | 45 | 35 | 11 | 46 | 34 | 25 | 60 | 38 | 4 | 7 |
| Interest | 2 | 2 | 2 | 4 | 2 | 2 | 3 | 2 | 2 | 2 |
| Depreciation | 11 | 16 | 16 | 17 | 25 | 27 | 27 | 25 | 26 | 25 |
| Profit before tax | 152 | 72 | 23 | 119 | 132 | 124 | 156 | 122 | 143 | 149 |
| Tax % | 26 | 36 | 22 | 24 | 25 | 25 | 22 | 23 | 26 | — |
| Net Profit | 112 | 46 | 18 | 91 | 99 | 92 | 122 | 94 | 106 | 110 |
| EPS in Rs | 129.61 | 53.31 | 20.85 | 105.08 | 114.95 | 106.9 | 140.64 | 109.29 | 122.5 | 127.39 |
| Dividend Payout % | 39 | 28 | 72 | 19 | 17 | 23 | 14 | 18 | 20 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 491 | 588 | 581 | 568 | 659 | 741 | 816 | 915 | 995 | 1089 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 2 |
| Other Liabilities | 131 | 189 | 158 | 152 | 218 | 217 | 264 | 242 | 261 | 248 |
| Total Liabilities | 631 | 786 | 748 | 729 | 885 | 966 | 1091 | 1167 | 1267 | 1347 |
| Fixed Assets | 147 | 158 | 206 | 206 | 248 | 266 | 261 | 250 | 240 | 232 |
| CWIP | 10 | 57 | 35 | 48 | 25 | 12 | 14 | 5 | 10 | 18 |
| Investments | 188 | 204 | 165 | 156 | 312 | 414 | 430 | 484 | 525 | 634 |
| Other Assets | 286 | 367 | 343 | 318 | 300 | 275 | 385 | 428 | 492 | 464 |
| Total Assets | 631 | 786 | 748 | 729 | 885 | 966 | 1091 | 1167 | 1267 | 1347 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 86 | 33 | 43 | 72 | 155 | 125 | 36 | 49 | 77 | 132 |
| Cash from Investing Activity | -75 | -36 | 11 | -33 | -148 | -110 | -32 | 9 | -29 | -136 |
| Cash from Financing Activity | -3 | -17 | -54 | -33 | -2 | -19 | -19 | -24 | -20 | -20 |
| Net Cash Flow | 9 | -19 | 0 | 7 | 6 | -4 | -14 | 33 | 28 | -24 |
| Free Cash Flow | 54 | -34 | -2 | 38 | 127 | 96 | 12 | 41 | 56 | 105 |
| CFO/OP | 122 | 57 | 141 | 274 | 191 | 128 | 52 | 63 | 88 | 99 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 71 | 89 | 57 | 65 | 39 | 29 | 54 | 58 | 75 | 51 |
| Inventory Days | 58 | 58 | 111 | 100 | 77 | 64 | 56 | 65 | 54 | 53 |
| Days Payable | 30 | 46 | 31 | 57 | 60 | 52 | 68 | 55 | 53 | 43 |
| Cash Conversion Cycle | 100 | 101 | 137 | 108 | 56 | 41 | 42 | 69 | 76 | 60 |
| Working Capital Days | 86 | 94 | 124 | 113 | 41 | 27 | 50 | 72 | 76 | 64 |
| ROCE % | 24 | 26 | 14 | 6 | 20 | 19 | 16 | 18 | 12 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.57% | 55.57% | 55.63% | 55.63% | 55.63% | 55.63% | 55.63% | 55.61% | 55.61% | 55.61% | 55.61% | 55.55% |
| FIIs | 2.07% | 2.02% | 1.89% | 2.8% | 2.89% | 2.67% | 2.48% | 1.41% | 1.76% | 1.61% | 1.84% | 1.21% |
| DIIs | 17.24% | 16.61% | 16.87% | 17.97% | 19.11% | 20.47% | 20.72% | 21.72% | 21.41% | 20.6% | 19.61% | 19.96% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.75% | 21.32% | 20.83% | 20.12% | 19.08% | 18.25% | 18.15% | 18.23% | 17.32% | 18.02% | 18.46% | 18.91% |
| Others | 4.37% | 4.48% | 4.78% | 3.47% | 3.29% | 2.97% | 3.03% | 3.03% | 3.9% | 4.16% | 4.47% | 4.37% |
| No. of Shareholders | 25456 | 26121 | 26855 | 25190 | 24066 | 23321 | 24104 | 20243 | 21237 | 22694 | 24076 | 24293 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 4155.2 | Sell |
| EMA (10) | 4156.82 | Sell |
| SMA (20) | 4291.77 | Sell |
| EMA (20) | 4248.93 | Sell |
| SMA (50) | 4417.03 | Sell |
| EMA (50) | 4396.98 | Sell |
| SMA (100) | 4588.14 | Sell |
| EMA (100) | 4593.9 | Sell |
| SMA (200) | 5086.85 | Sell |
| EMA (200) | 4739.71 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 24.99 | Buy |
| MACD (12,26,9) | -107.5 | Sell |
| Stochastic (14,3,3) | 3.58 | Buy |
| ADX (14) | 23.74 | Neutral |
| Williams %R (14) | -96.34 | Buy |
| ATR (14) | 94.64 | Neutral |
| ROC (12) | -8.5 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 29.59 | Buy |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 4 | 80% |
| Hold | 0 | 0% |
| Sell | 1 | 20% |

Based on 5 analyst ratings, observed at 2026-09-11T04:42:14.633806+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba5b060f-5fe4-43ef-ae95-15c8d2109d5c.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=625566b7-cf2a-4b8e-a541-4c7aecee7b6e.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=830a24e3-e592-4028-a305-06edaba7c1cd.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04c41f45-e80e-4252-89cf-80673426a261.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec61097e-ebf7-467e-8dda-74bd6fad3297.pdf) |
| 2026-09-01 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c56e0c61-b317-4c8f-ae67-cb951daaa120.pdf) |
| 2026-09-01 | [Notice Of Annual General Meeting For The Financial Year 25-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54e6eaed-6f71-40e6-8d5b-defa51ed507c.pdf) |
| 2026-09-01 | [Record Date For Dividend/AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee31ca1a-b0ec-41de-b36f-17c9d4fba757.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a9e7a60-1b40-4373-bbee-9321063b36f9.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77eadba3-01e5-4005-8a64-5e8a7219b90b.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a28d48bd-d03f-47dc-91ba-62794a100d0f.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8682975b-c4f6-4b54-a509-9a21c8c4ef3b.pdf) |
| 2026-05-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=795b1dcb-8698-45d6-9846-d30f16cfb9fc.pdf) |
| 2026-02-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04c0af4c-0aa9-4abb-be6f-20ea3041f23a.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01a1092b-5590-41ed-bb3b-4d0bfeebc5b6.pdf) |
| 2025-11-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=373c6a02-325c-4e26-8e3f-506f5704189a.pdf) |
| 2025-08-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=297d3098-a37a-428b-acda-7a9b09c10962.pdf) |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4882b5c-ac96-4be3-856a-de0076f770cf.pdf) |
| 2025-05-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88447652-3061-43bf-b45f-298b3a0ea0d0.pdf) |
| 2025-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=939fe16a-f01b-4d29-8053-bd3600984edf.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c77b8ca-4533-48b2-9f1f-d44e8c391ee1.pdf) |
| 2025-11-06 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57a8f844-2c3f-4816-9dc0-6598fdd9a969.pdf) |
| 2025-08-11 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07bc7a9c-70e9-49e3-8b6a-073f4567c308.pdf) |
| 2025-02-10 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20b42fac-ebc0-4f46-a0c6-73f5f49818d7.pdf) |
| 2024-11-04 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26078477-9cdd-4744-a442-2589248b3722.pdf) |
| 2024-08-13 | [Un-Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8eda50c-84e1-4d86-9a78-29c4515b00b4.pdf) |
| 2024-05-09 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa2a5b3f-ed2b-49b0-b51f-6409aa216887.pdf) |
| 2024-02-01 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e05ce75-1ffd-4225-9d5b-017531f5af06.pdf) |
| 2023-11-08 | [Revision In The Outcome Of Board Meeting Pursuant To BSE Mail Dated, 08-11-2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11860947-605d-4021-8eae-e14a235906ca.pdf) |
| 2023-11-07 | [Approval Of The Un-Audited Financial Results For The Quarter & Half Year Ended September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a98e403f-462c-45c6-9da9-a1cb35b2d5c6.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-05-25 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5c3175d-cfc0-4a9f-be1a-c836d327e4ca.pdf) |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84452f8f-bd5f-4271-9860-411543ec02ee.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8809bb5-f41a-4837-be4d-2e538c473dce.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dba70035-eeef-4ea4-9b6e-e7a1eba1621b.pdf) |
| 2025-08-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37117026-6484-449b-9597-7c1919d8662f.pdf) |
| 2025-05-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cff4068-d4ee-4d71-8687-1e2f8bf0b738.pdf) |
| 2025-02-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c05f8d91-edef-483b-9dad-db107957d988.pdf) |
| 2024-11-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9be74e00-b4d0-484d-a7c3-f10267ce1088.pdf) |
| 2024-08-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f440490e-1d53-42e2-b544-194bf00f3d99.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - Assistant Commissioner GST, Tamil Nadu reduced demand to ₹37.30 lakh from ₹6,736.73 lakh. | [Clarification 7 Apr - Assistant Commissioner GST, Tamil Nadu reduced demand to ₹37.30 lakh from ₹6,736.73 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a0983f6-5524-445e-a2e2-8ca53ee38f8e.pdf) |
| 6 May - Board meets May 15, 2026 to approve FY26 audited results and consider final dividend. | [Board Meeting Intimation for Approval Of Audited Financial Results 6 May - Board meets May 15, 2026 to approve FY26 audited results and consider final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2198704f-f734-4a78-9ecb-48fa79f31fc0.pdf) |
| 23 Apr - VST Tillers Tractors says it is not a Large Corporate; outstanding long-term borrowing was nil as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr - VST Tillers Tractors says it is not a Large Corporate; outstanding long-term borrowing was nil as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d427f851-0814-4b2f-ab0f-fe147b6cab88.pdf) |
| 2 Apr - Tamil Nadu GST final assessment order dated Mar 28, 2026 reduces demand to ₹37.30 lakh from ₹6,736.73 lakh. | [General Updates 2 Apr - Tamil Nadu GST final assessment order dated Mar 28, 2026 reduces demand to ₹37.30 lakh from ₹6,736.73 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51511307-52e3-4033-8698-5d256dc4b80c.pdf) |
| 15h - Analyst conference call on 4Q FY26 performance scheduled for May 15, 2026 at 16:00 IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15h - Analyst conference call on 4Q FY26 performance scheduled for May 15, 2026 at 16:00 IST.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/123faa20-53e1-40ce-beaa-398003974f3e.pdf) |
| 11h - VST Tillers Tractors says it is not a Large Corporate; outstanding long-term borrowing was nil as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11h - VST Tillers Tractors says it is not a Large Corporate; outstanding long-term borrowing was nil as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d427f851-0814-4b2f-ab0f-fe147b6cab88.pdf) |
| 1 May - April 2026 sales: Power Tillers 3,111; Tractors 372; total 3,483 versus 2,320 last year. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 1 May - April 2026 sales: Power Tillers 3,111; Tractors 372; total 3,483 versus 2,320 last year.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdd0210e-4c52-4ac8-ad72-855120e41906.pdf) |
| 1 May - April 2026 sales: Power Tillers 3,111; Tractors 372; total 3,483 versus 2,320 last year. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 1 May - April 2026 sales: Power Tillers 3,111; Tractors 372; total 3,483 versus 2,320 last year.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fdd0210e-4c52-4ac8-ad72-855120e41906.pdf) |
| 1 Mar - V.S.T Tillers Feb 2026 sales: tillers 3,963, tractors 472; total 4,435. YTD 51,303 units. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 1 Mar - V.S.T Tillers Feb 2026 sales: tillers 3,963, tractors 472; total 4,435. YTD 51,303 units.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a5cfed6-ecc4-4e0f-a8d1-a6aacdbc2214.pdf) |
| 1 Apr - March 2026 sales: Power Tillers 4,185 (YTD 50,332); Tractors 755 (YTD 5,911); Total 4,940 (YTD 56,243). | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 1 Apr - March 2026 sales: Power Tillers 4,185 (YTD 50,332); Tractors 755 (YTD 5,911); Total 4,940 (YTD 56,243).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4640a221-15e8-45fb-8774-493909cd5658.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dba70035-eeef-4ea4-9b6e-e7a1eba1621b.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9be74e00-b4d0-484d-a7c3-f10267ce1088.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9f0f6e0-a417-44b8-b353-218abe574ce8.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=792e6337-a814-4bd2-83f3-8e50c9537524.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9f0f6e0-a417-44b8-b353-218abe574ce8.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/792e6337-a814-4bd2-83f3-8e50c9537524.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cde1ee15-08ca-419a-8e6f-6021ab96e70c.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cde1ee15-08ca-419a-8e6f-6021ab96e70c.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5c3175d-cfc0-4a9f-be1a-c836d327e4ca.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f5c3175d-cfc0-4a9f-be1a-c836d327e4ca.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2725c435-72a2-485b-a390-3860a7715e12.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22a12200-8e15-4548-9294-0790712a1b52.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05b877cd-5e83-4eff-8a05-5c8499860abd.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531266/73952531266.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531266/69346531266.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531266/65479531266.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531266/5312660319.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2023-05-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9115485f-83d8-4e47-8651-cba1e82ccdb0.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:41:13.819Z.