VST Tillers Tractors Ltd
NSE:VSTTILLERS
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VST Tillers Tractors Ltd
NSE:VSTTILLERS
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VST Tillers Tractors Ltd
V.S.T.Tillers Tractors Ltd. engages in the manufacture of power tillers in India. The company is headquartered in Bangalore, Karnataka and currently employs 649 full-time employees. The company went IPO on 2011-06-17. The firm is engaged in manufacturing of power tiller and tractor. The Company’s products include Power Tiller, tractor and diesel engines. The firm operating segments, which are manufacturing and trading of agriculture machinery. The company also manufactures and deals with Tractors, Tillers, Diesel Engines, Harvesters, Reapers, Binders, Transplanters/ planters, Trench Cutters, Front end Loaders, and all kinds of the allied agricultural, plantation, and horticultural machinery including attachments, components, accessories, spares implement, and other equipment’s required for the satisfactory functioning of the agricultural equipment. The firm also offers VST Shakti VS-4PR(n) Power Reaper and VST Yanji Shakti 8 Row Paddy Transplanter. Its engines include K3C Engine, V3D Engine, 130DI Engine and VWH 120 Engine.
V.S.T.Tillers Tractors Ltd. engages in the manufacture of power tillers in India. The company is headquartered in Bangalore, Karnataka and currently employs 649 full-time employees. The company went IPO on 2011-06-17. The firm is engaged in manufacturing of power tiller and tractor. The Company’s products include Power Tiller, tractor and diesel engines. The firm operating segments, which are manufacturing and trading of agriculture machinery. The company also manufactures and deals with Tractors, Tillers, Diesel Engines, Harvesters, Reapers, Binders, Transplanters/ planters, Trench Cutters, Front end Loaders, and all kinds of the allied agricultural, plantation, and horticultural machinery including attachments, components, accessories, spares implement, and other equipment’s required for the satisfactory functioning of the agricultural equipment. The firm also offers VST Shakti VS-4PR(n) Power Reaper and VST Yanji Shakti 8 Row Paddy Transplanter. Its engines include K3C Engine, V3D Engine, 130DI Engine and VWH 120 Engine.
Record Revenue: VST Tillers Tractors reported its highest-ever 9-month turnover at INR 912 crores, up 32% year-on-year. Q3 revenue was INR 314 crores, a 44% increase over last year.
Strong Growth in Key Products: Power tiller sales grew 55% in 9 months and 85% in Q3. Power weeder sales rose 63% for the 9 months and doubled in Q3. Domestic tractor sales increased 18% over 9 months and 32% in Q3.
Profitability Improved: Operational EBITDA margin rose to 13.1% for 9 months (up from 10.2%) and 12.9% for Q3 (up from 8.9%). PAT for Q3 was INR 30.7 crores, a steep rise from INR 1.7 crores last year.
Tractor Exports Under Pressure: Export tractor volumes fell 23% year-on-year for 9 months, but management expects improvement in Q4.
Product Launches & R&D: New FENTM and ZETOR tractor series are being rolled out across states. Electric weeders and tillers are starting market seeding. The company won design and productivity awards.
Capacity & CapEx: Manufacturing running near full capacity, with INR 60 crores CapEx planned for next year including R&D. Evaluating expansion in North and West India.
Outlook: Management expects continued 25–30% growth for the year, with tractor volumes to exceed the previous 6,000–6,500 guidance.
