VSTTILLERS share price, P/E, ROE & financials

As of 6 Nov 2026, V.S.T Tillers Tractors trades at 31.4× trailing earnings, above the industry P/E of 20.4×, and the shares are 38% below their 52-week high. Its ROCE of 12% is the lowest among the 7 largest Farm & Heavy Construction Machinery peers, and sales and net profit grew 7.2% and 4.3% a year over 3 years. It has almost no debt, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹3,411 Cr, ranked 7th of 24 Farm & Heavy Construction Machinery companies by market cap; the shares fell 34% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹4,050.00
Day high: ₹4,050.10
Day low: ₹3,901.20
Prev. close: ₹4,042.10
Volume: 7.8K

Health check

1 good · 5 to check

ReturnsBehind
−33.8% over a year, better than 1 of 7 peers.
Price tagPricier
P/E 31.4 vs industry 20.4.
GrowthSlow
Sales +7.2%, profit +4.3% a year over 3 years.
ProfitabilityWeak
ROCE 12.4% vs peer median 21.4%.
Balance sheetSolid
Practically debt-free, Piotroski 8 of 9.
Red flags2 to check
P/E of 31.4 against an industry P/E of 20.4.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Farm & Heavy Construction Machinery

23 listed peers. Screen the industry

Small cap

₹3,411 Cr, #7 of 24 in its industry by size.

Defensive

Beta 0.47 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,271 Cr · profit ₹109 Cr

Market cap: ₹3,411 Cr; Small cap
P/E: 31.4; Industry 20.4
Price to book: 3.11; Peers 6.87
Dividend yield: 0.62%
ROE: 10.0%; Peers 18.0%
ROCE: 12.4%; Peers 21.4%
Debt to equity: 0.00; Debt ₹1.91 Cr
EPS (TTM): ₹125.49; Face value ₹10
OPM (TTM): 10.8%; Net margin 8.6%
Sales growth: +11.0%; Latest quarter vs a year ago
Profit growth: +9.5%; Latest quarter vs a year ago
Price to sales: 2.68; EV/EBITDA 16.2

Strengths

Practically debt-free.
Positive operating cash flow in each of the last 4 years.

Risks to check

P/E of 31.4 against an industry P/E of 20.4.
38% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About V.S.T Tillers Tractors

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 and consumables, diesel engines, and electric water pumps; crankshafts, camshafts, and connecting rods; cylinder blocks and heads; locomotive parts; crankcase and transmission case; precision components, including engine components,…

Headquarters: Bengaluru
Employees: 825
Sector: Industrials
ISIN: INE764D01017
Website: vsttractors.com

Price range

52 weeks

₹3,808.80₹6,374.00

Today

₹3,901.20₹4,050.10

Avg volume (3M): 9.4K
1-year return: minus 33.8%
From 52-week high: minus 38.2%

Peers · Farm & Heavy Construction Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASHOKLEYAshok Leyland	172.09	plus 1.10%	1,01,083	29.1	12.2	14.5%	21.5%	3.45	10.6%	plus 21.2%
ESCORTSEscorts Kubota	2,443.40	minus 0.67%	26,888	20.4	13.5	14.4%	11.5%	0.01	11.3%	minus 35.6%
ACEAction Construction Equipment	1,167.70	plus 3.55%	13,900	31.8	25.5	28.5%	15.6%	0.00	15.0%	plus 2.8%
OLECTRAOlectra Greentech	1,026.35	minus 2.21%	8,424	47.5	26.6	19.4%	13.8%	0.31	28.4%	minus 30.9%
AJAXENGGAjax Engineering	556.65	minus 1.24%	6,369	28.1	20.0	21.4%	12.5%	0.00	22.2%	minus 5.8%
SWARAJENGSwaraj Engines	3,495.30	minus 1.97%	4,247	20.0	15.2	52.8%	12.6%	0.01	12.2%	minus 9.6%
VSTTILLERSV.S.T Tillers Tractors	3,941.70	minus 2.48%	3,411	31.4	16.5	12.4%	13.3%	0.00	7.2%	minus 33.8%
UNIPARTSUniparts India	704.60	minus 1.75%	3,179	17.7	12.5	22.0%	22.3%	0.18	−4.8%	plus 41.4%
Median of 7 peers	–	−1.24%	8,424	28.1	15.2	21.4%	13.8%	0.01	12.2%	−5.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
282	315	314	328	313
245	274	274	313	273
37.5	40.9	40.7	15.4	40.3
13.3%	13.0%	12.9%	4.7%	12.9%
1.8	4.5	1.3	33.8	1.6
0.4	0.6	0.5	0.5	0.4
6.4	6.5	6.4	6.3	5.4
23.8	−2.3	5.5	−33.8	26.2
56.3	36.1	40.5	8.7	62.2
21.4%	30.7%	24.9%	41.6%	22.1%
44.2	25	30.4	5.1	48.4
50.95	28.78	35.06	5.86	55.79

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +7.2%
Profit CAGR 3Y: +4.3%
EPS CAGR 3Y: +4.1%
ROE: 10.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,002	963	990	1,235
–	minus 3.9%	+2.8%	+24.8%
872	837	877	1,068
130	126	113	167
13.0%	13.1%	11.4%	13.5%
7.9	6.6	6.9	8.7
1.3	2.1	2	1.9
26.9	27	25.5	25.5
14	51.3	28.4	−6.9
124	155	120	142
25.5%	22.0%	22.8%	26.0%
92.4	121	93	105
–	+31.1%	minus 23.2%	+12.6%
106.90	140.10	107.43	120.68

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
8.6	8.6	8.6	8.7
816	915	993	1,085
1.9	1.4	2	1.9
264	242	261	248
1,091	1,167	1,265	1,344
249	233	230	232
14.9	6.9	13.2	23
40.6	36.8	31.8	9.2
411	482	555	661
376	409	436	419
1,091	1,167	1,265	1,344

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
36.4	48.6	76.5	132
−31.6	8.6	−28.7	−136
−19.1	−24.5	−20.3	−20.1
−14.3	32.8	27.5	−24.5
−24.2	−7.4	−20.4	−26.4
12.2	41.2	56.1	105
−17.3	−21.6	−17.3	−17.3

Shareholding pattern

Source: NSE filings

55.5%

promoters

Promoters55.55%
Public44.45%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	55.55%	44.45%	0.00
30 Jun 2026	55.55%	44.45%	minus 0.06
31 Mar 2026	55.61%	44.39%	0.00
31 Dec 2025	55.61%	44.39%	0.00
30 Sep 2025	55.61%	44.39%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you