VT

VST Till. Tract.

Q1 FY27Agricultural, Commercial & Construction Vehicles

VST Till. Tract. Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price4,435
Market cap₹3.8K Cr
P/E34.6
Updated25 Aug 2026
Read4 min read

What the Q1 FY27 call signalled

1 of 3 strong

RevenueRank 3
MarginRank 3
CapexYes

Not discussed on this call: fundraise, order book.

The short version

The company aims to achieve INR 3,000 crores in revenue by 2030 through five business verticals with growth strategies and capacity expansion, including new production facilities within 2 years. VST Tillers aims for sustained growth across all five business verticals with focused execution, R&D enhancement, capacity expansion, and possible new production facilities in the next 2 years.

From VST Till. Tract.'s Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Rank 3
  • The company aims to achieve INR 3,000 crores in revenue by 2030 through five business verticals with growth strategies and capacity expansion, including new production facilities within 2 years.
  • Tractor volumes are expected to grow gradually quarter-on-quarter with more than 30 new tractor variants to be launched in the next 12-18 months.
  • Domestic tractor sales are targeted to reach close to 20,000 units by FY 2030 with continuous dealership expansion, especially in North India.
  • Small farm mechanization (SFM) business (power tillers and weeders) is growing strongly, with power weeders growing at 50-60% and power tillers at 15-20% rates.
  • Export growth focuses on Europe and Africa, with plans for increased penetration and new product introductions including hydrostatic transmission tractors and geared tillers.
  • The new innovative product, between tillers and tractors, expected to roll out starting Q3 FY27 and contribute to volume growth.
  • Growth is dependent on favorable monsoon and market conditions.

Profitability & Margins

See what VST Till. Tract. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yes
  • The company is working towards scaling up execution, R&D capabilities, capacity, and workforce to achieve its INR3,000 crores revenue vision by 2030 (Page 8).
  • Plans include investing in a new production facility within the next 2 years to support growth (Page 8).
  • Capital allocation policy emphasizes deploying capital strategically to maximize shareholder value; several opportunities for capital deployment are being explored (Page 7).
  • Expected deployment of capital in the next 18 to 24 months, with details to be updated as progress occurs (Page 7).
  • No current developments on non-core asset (land) monetization; focus remains on maximizing value at the appropriate time (Pages 10-11).
  • Continuous expansion of dealerships planned, with 50 to 60 dealers targeted in the current year to improve tractor sales (Page 8).

Top-ranked in Agricultural, Commercial & Construction Vehicles

Ranked on what management guided this quarter

5x potential
1TIL
Rev 2Mar 1
2BEML Ltd
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what VST Till. Tract. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not explicitly mention specific details about the current or expected order book or pending orders for VST Tillers Tractors Limited. However, some related insights include: - Q1 volumes show growth in key segments: power tiller (+18%), domestic tractors (+4.5%), and power weeders (+56%). - Tractor export sales for the quarter were 275 units. - Production ramp-up for new tractor variants is underway; supply could not fully meet demand in Q1. - Expectation of gradual quarter-on-quarter growth in tractors with increased production in Q2, Q3, and Q4. - Market demand outlook is cautiously optimistic, pending monsoon outcomes and Rabi crop sowing. - Expansion plans include launching 30+ tractor variants over the next 3 years to increase sales. No explicit pending order backlog numbers were disclosed.

VST Till. Tract. — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹328 Cr, net profit ₹5 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Agricultural, Commercial & Construction Vehicles this season

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    FY27 started with strong standalone revenue growth of 37% YoY (INR 51.29 crores). Key concall takeaways from Jinkushal Industries Ltd's Q1 FY27 earnings call…

  • TIL Ltd (Q1 FY27)

    The current order book is significant enough to potentially achieve a topline of over INR 200 crores this year. Key concall takeaways from TIL Ltd's Q1 FY27…

  • BEML Ltd (Q1 FY27)

    Current order book stands at around INR16,000 crores. Key concall takeaways from BEML Ltd's Q1 FY27 earnings call — and how it ranks against sector peers.

  • Tata Motors (Q1 FY27)

    Q1 FY27 investment spending was ₹515 crore (~2.7% of revenue), within the guided 2-4% range. Key concall takeaways from Tata Motors's Q1 FY27 earnings call…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were VST Till. Tract. Q1 FY27 results?

The company aims to achieve INR 3,000 crores in revenue by 2030 through five business verticals with growth strategies and capacity expansion, including new production facilities within 2 years. VST Tillers aims for sustained growth across all five business verticals with focused execution, R&D enhancement, capacity expansion, and possible new production facilities in the next 2 years.

What is VST Till. Tract. share price analysis?

VST Till. Tract. currently shows a below-average growth signal. The stock trades at a P/E of 34.6 with a market cap of ₹3,816 Cr. Investors should review the full earnings analysis for detailed insights.

Is VST Till. Tract. planning capital expenditure?

The company is working towards scaling up execution, R&D capabilities, capacity, and workforce to achieve its INR3,000 crores revenue vision by 2030 (Page 8).

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.