VST Tillers Tractors' Q1 FY 2026-27 Quarterly Results

Result Summary

• VST Tillers Tractors Ltd reported a 14.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 10.7%.
• Its expenses for the quarter were down by 3.2% QoQ and up 10.8% YoY.
• The net profit increased 851.5% QoQ and increased 9.5% YoY.
• The earnings per share (EPS) of VST Tillers Tractors Ltd stood at 55.79 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 an established player in the agricultural machinery industry, primarily engaged in the manufacturing of power tillers and tractors. The company has carved a niche for itself in the Indian market, catering to the mechanization needs of small and marginal farmers. Its product portfolio includes a range of tillers, tractors, and other agricultural implements designed to enhance productivity and efficiency in farming operations. VST Tillers Tractors has a significant presence in the domestic market and is also exploring opportunities in the international markets to expand its footprint. As of the latest data, there are no specific recent major developments available for VST Tillers Tractors Ltd.

Revenue

In Q1FY27, VST Tillers Tractors Ltd reported a total income of ₹341.47 crores, marking a substantial increase of 14.9% from the previous quarter (Q4FY26), where the total income was ₹297.26 crores. Year-over-year, the company experienced a 10.7% growth in total income compared to Q1FY26, which recorded ₹308.34 crores. This upward trend in total income highlights the company's robust revenue performance over the past year, reflecting its ability to generate higher sales or improved pricing strategies. The revenue growth both on a quarterly and annual basis suggests a positive trajectory for the company's top-line performance.

Profitability

VST Tillers Tractors Ltd demonstrated significant improvement in profitability for Q1FY27. The profit before tax (PBT) was ₹62.49 crores, a dramatic rise from ₹8.91 crores in Q4FY26, translating to a quarter-on-quarter increase of 601.3%. Compared to the same quarter last year (Q1FY26), where PBT was ₹56.60 crores, there was a year-over-year growth of 10.4%. The profit after tax (PAT) for Q1FY27 stood at ₹48.43 crores, showing a remarkable quarter-on-quarter increase of 851.5% from ₹5.09 crores in Q4FY26. Year-over-year, the PAT increased by 9.5% from ₹44.22 crores in Q1FY26. Earnings per share (EPS) also rose significantly, recording ₹55.79 in Q1FY27, an 852.0% increase from ₹5.86 in Q4FY26, and a 9.5% increase from ₹50.95 in Q1FY26. The substantial improvements in PBT, PAT, and EPS underscore a period of heightened profitability for the company.

Operating Metrics

The company's total expenses decreased to ₹278.98 crores in Q1FY27 from ₹288.35 crores in Q4FY26, reflecting a quarter-on-quarter reduction of 3.2%. However, when compared to Q1FY26, where total expenses were ₹251.74 crores, there was an increase of 10.8% year-over-year. This highlights a reduction in operating costs on a quarterly basis, while expenses have grown annually. The tax expense for Q1FY27 was ₹13.76 crores, up from ₹3.62 crores in Q4FY26, marking a 280.1% increase quarter-on-quarter. Year-over-year, the tax expense increased by 14.3% from ₹12.04 crores in Q1FY26. The changes in expense and tax figures are critical to understanding the company's cost management and fiscal policies over the quarters and year.