VST Tillers Tractors share price today

VST Tillers Tractors Ltd's share price was ₹4,068.80 at the close on 4 November 2026. It has been falling for 25 weeks. That is 12.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,850 and ₹6,130, and at that close it sat 10% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today VST Tillers Tractors Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running.

Over the last 11 years the share price moved +193% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

2. Revenue up on a year earlier for 8 quarters in a row

   In the June 2026 quarter revenue was ₹313 crore, +11% on a year earlier.

   Why: Revenue rose because the company sold more power tillers and power weeders, and it added many small-farm sales counters.

   Next results: check whether power tiller sales grow 16 to 20 percent and power weeder sales grow 50 to 60 percent, as management expects.

   From the earnings call on 13 Aug 2026.

3. Highest quarterly profit in 15 quarters

   Profit of ₹48 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Profit rose because the company sold more power tillers and power weeders, which brought in more money even though raw material costs went up.

   Next results: check whether raw material costs keep taking a bigger bite out of profit.

   From the earnings call on 13 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), VST Tillers Tractors reported revenue of ₹313 crore, up 11.0% from ₹282 crore a year earlier, and a profit of ₹48.0 crore, up 9.1% from ₹44.0 crore.

VST Tillers Tractors results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

VST Tillers Tractors' management discussed these results on a call held on 13 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

VST Tillers Tractors closed at ₹4,068.80 on 4 November 2026, down 30.9% from ₹5,892.00 a year earlier (7 November 2025) and up 41.2% over five years. Its highest weekly close since February 2016 was ₹6,129.50 on 2 January 2026.

VST Tillers Tractors share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: VST Tillers Tractors closed at ₹4,068.80, up 5.7% on the week and down 6.3% on the month. 16 Sep 2026: ex-date for a dividend of ₹25 a share.

Earlier

• 13 Aug 2026: VST Tillers Tractors held its results call for April to June 2026. Management guided: Outlook through September positive; power-tiller volume growth of 16-20% and power-weeder growth of 50-60% expected to continue; FY27 view deferred until next month pending the next 20 days and remaining monsoon.
• Results for April to June 2026: Revenue up 11.0% and profit up 9.1% on a year earlier.

VST Tillers Tractors paid ₹25 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.61% at the ₹4,068.80 close on 4 November 2026. The last was a dividend of ₹25 a share, ex-date 16 September 2026.

VST Tillers Tractors dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. VST Tillers Tractors Ltd paid out 21% of its profit as dividends in FY26, and it paid a dividend in each of its last 4 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 13 August 2026, VST Tillers Tractors' management guided: Outlook through September positive; power-tiller volume growth of 16-20% and power-weeder growth of 50-60% expected to continue; FY27 view deferred until next month pending the next 20 days and remaining monsoon.

“The price of the product will be very close to that of a tiller, but the work performed by the product will be very close to that of a tractor.”Antony Cherukara, on the call for April to June 2026

What management guided

• Tractor volumes expected to improve sequentially as BZ production ramps, with substantial second-half growth.
• More than 30 tractor variants planned over the next 3 years; domestic volumes above 15,000 and close to 20,000 units in FY30, international volumes upwards of 5,000-6,000 units over 3-4 years.
• European and African expansion expected to continue; export logistics infrastructure to become operational in Q3; three global platforms to launch sequentially over 12-36 months.
• Mid-product factory rollout begins this month, with substantial Q3/Q4 volumes; new production facility needed over roughly 2 years.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 13 August 2026.

When VST Tillers Tractors reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Power-tiller and power-weeder momentum through the monsoon-sensitive season - check whether the next quarter sustains the stated trajectory.

VST Tillers Tractors is on one of our India lists: 52 week high & low.

VST Tillers Tractors Ltd earned ₹48.0 Cr of net profit in the Jun 2026 quarter, +9.1% on the same quarter a year earlier. Full-year FY26 profit was ₹105 Cr. Over 3 years profit has grown 4.5% a year on average. That is 15.3% of the quarter's revenue. The same quarter a year earlier earned ₹44.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹105 Cr (+12.9% on the year before).

Why profit moved: revenue changed +11.0% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +696.4% and revenue +18.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

VST Tillers Tractors Ltd reported ₹313 Cr of revenue in the Jun 2026 quarter, +11.0% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 3 years it has grown 7.2% a year on average. The last full year, FY26, came in at ₹1,240 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,270 Cr.

FY26 revenue was ₹1,240 Cr, +24.6% on the year before.

Recent pace: the last four quarters grew +18.7% on average, against 7.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +17.1%, against +17.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −5.3%, against −0.9% a year (rolling over).

VST Tillers Tractors Ltd's operating margin was 13.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 4 years it has been between 11.0% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.4 percentage points on the year while gross margin changed −1.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 81% of VST Tillers Tractors Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹132 Cr of operating cash against ₹105 Cr of profit. After ₹26.0 Cr of spending on assets, ₹106 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 81% of profit came in as cash: the cash cycle got 18 days longer between FY23 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

VST Tillers Tractors Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 60 days in FY26, up from 42 days in FY23. It spent ₹53.0 Cr on assets over the last 3 years. Customers take 51 days to pay, and stock sits for 53 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,240 Cr, each day of that cycle ties up about ₹3.4 Cr, so roughly ₹204 Cr is tied up in the business at any time.

FY26: customers took 51 days to pay and stock sat for 53 days, about 1.7 months of sales sitting as stock, for a full cycle of 60 days, longer than FY23's 42.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 53 days. Customers pay about 51 days after that. Suppliers are paid at 43 days. Together that makes the 60-day cycle.

Spending on assets: ₹53.0 Cr over the last 3 years, against ₹78.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹18.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

VST Tillers Tractors Ltd's P/E is 32.4×, near the low end of its own history: it has been lower only 34% of the time. Its usual P/E (the middle reading) is 34.7×, over 3.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.