VT

VST Tillers Tractors Ltd

Q4 FY26Agricultural, Commercial & Construction Vehicles

VST Tillers Tractors Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹4,410
Market cap₹3.9K Cr
P/E35.4
Updated23 Aug 2026
Read4 min read

The short version

FY26 growth was strong at 25% overall revenue growth. The company registered a strong 25% revenue growth in FY26 and aims to sustain similar growth rates to reach INR 3,000 crores by FY30.

From VST Tillers Tractors Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY26 growth was strong at 25% overall revenue growth.
  • Management avoids giving precise FY27 growth guidance due to uncertainties like inflation and monsoon variability.
  • They aim for 25% growth but emphasize a quarter-by-quarter, month-by-month approach to assess performance.
  • Growth expected from both tractor segment (especially higher HP tractors via VST Zetor range) and small & marginal farmer (SFM) machines like power tillers and weeders.
  • Expansion in retail finance, now at ~10% last year, targeted to grow to 20% this year to boost sales.
  • Electric tractor product launch planned post establishing electric weeder/tiller market.
  • Goal to reach INR 3,000 crores revenue by FY30, requiring sustained 23-26% CAGR.

2 more points management made on revenue & sales performance

Profitability & Margins

See what VST Tillers Tractors Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • The company is working on utilizing funds from a strong balance sheet in three key areas:
  • Continued investment in technology.
  • Expansion into global markets, including restarting efforts to enter the US market with product trials beginning this year and product launch planned by end of FY27.
  • Exploring possible inorganic growth opportunities (acquisitions) within adjacencies or its existing space.

2 more points management made on capital expenditure plans

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 Tillers Tractors Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not provide explicit details on the current or expected order book/pending orders. However, some relevant points are: - Demand scenario in April and May 2026 is described as good, with growth continuing in both tractors and tillers segments (Page 4). - Inventory levels are maintained at low industry level of approximately 36 days, indicating efficient inventory management (Page 11). - There is no specific update on land sale or pending orders shared (Page 10).

2 more points management made on order book & pipeline

VST Tillers Tractors Ltd — 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 →

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  • Tata Motors (Q4 FY26)

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Frequently Asked Questions

What were VST Tillers Tractors Ltd Q4 FY26 results?

FY26 growth was strong at 25% overall revenue growth. The company registered a strong 25% revenue growth in FY26 and aims to sustain similar growth rates to reach INR 3,000 crores by FY30.

What is VST Tillers Tractors Ltd share price analysis?

VST Tillers Tractors Ltd currently shows a neutral. The stock trades at a P/E of 35.4 with a market cap of ₹3,904 Cr. Investors should review the full earnings analysis for detailed insights.

Is VST Tillers Tractors Ltd planning capital expenditure?

The company is working on utilizing funds from a strong balance sheet in three key areas: - Continued investment in technology.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.