VST Tillers Tractors' Q1 FY 2025-26 Quarterly Results

Result Summary

• VST Tillers Tractors Ltd reported a 8.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 45.5%.
• Its expenses for the quarter were up by 4.5% QoQ and 36.8% YoY.
• The net profit increased 27.3% QoQ and increased 96.8% YoY.
• The earnings per share (EPS) of VST Tillers Tractors Ltd stood at 51 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

VST Tillers Tractors Ltd is a prominent player in the agricultural machinery industry, primarily engaged in the manufacturing of power tillers and tractors. The company has a strong presence in the Indian market and is known for its innovation and quality in mechanized farming solutions. As of the latest available data, there are no specific major developments reported. VST Tillers Tractors Ltd has been focusing on expanding its product portfolio and enhancing its market reach, catering to the needs of farmers by providing efficient and cost-effective farming machinery.

Revenue

For the quarter ending Q1FY26, VST Tillers Tractors Ltd reported a total income of ₹308.34 crores, marking an 8.6% increase from the previous quarter (Q4FY25), where the total income was ₹283.83 crores. Compared to the same quarter last year (Q1FY25), the total income has grown significantly by 45.5%, up from ₹211.91 crores. This upward trend in revenue reflects the company's enhanced operational performance and possibly increased market demand for its products. The substantial year-over-year growth suggests a robust expansion in revenue streams, potentially driven by higher sales volumes or improved pricing strategies.

Profitability

In Q1FY26, VST Tillers Tractors Ltd achieved a profit before tax of ₹56.60 crores, which is a significant improvement of 31.5% from the previous quarter's ₹43.03 crores. Year-over-year, the profit before tax more than doubled, showing a 102.6% increase from ₹27.94 crores in Q1FY25. The profit after tax for the same period was ₹44.22 crores, marking a 27.3% rise from the last quarter and a 96.8% increase from the same quarter in the previous year. This impressive profitability is reflected in the earnings per share (EPS), which stood at ₹51.00 in Q1FY26, up from ₹40.20 in Q4FY25 and ₹25.90 in Q1FY25. The company's profitability metrics indicate strong financial performance and efficiency in managing costs relative to revenues.

Operating Metrics

Total expenses for VST Tillers Tractors Ltd in Q1FY26 were recorded at ₹251.74 crores, showing a marginal increase of 4.5% from ₹240.80 crores in the previous quarter. On a year-over-year basis, total expenses rose by 36.8% from ₹183.97 crores, indicating an increase in operational costs which could be attributed to higher production volumes or increased input costs. The tax expense also saw a noteworthy increase, amounting to ₹12.04 crores in Q1FY26, up 52.2% from Q4FY25 and 136.5% from Q1FY25. These figures suggest a corresponding increase in tax liabilities in line with the higher profitability. Overall, the company's operational metrics reveal a trend of rising expenses associated with growing revenues and profitability.