VST Till. Tract. (VSTTILLERS)

Cyclical

FairStock Score: 26/100 — RISKY

Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Current Price₹4,511.6
Market Cap₹3,903.78 Cr
P/E Ratio37.45
ROCE12.52%
ROE12.88%
Dividend Yield0.44%
Profit Growth8.68%
Debt/Equity0
Sales Growth1.64%
Promoter Holding55.61%
52-Week Range₹3,837.6 — ₹6,374
SectorAgricultural, Commercial & Construction Vehicles
Book Value₹1,222.37

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-and-Graham-minded investor, I start with the balance sheet. VST Till. Tract., at ₹4,511.60 and ₹3,904 Cr market cap, carries debt/equity of 0.00. That is a genuine strength: no leverage means survival and optionality. Promoter holding of 55.61% is meaningful skin in the game, and a Piotroski F-Score of 7/9 hints at reasonable financial discipline. The latest quarter showed sales of ₹314 Cr and net profit of ₹31 Cr, a roughly 9.9% net margin, which is not bad for a tractor maker. But business quality is only half the equation. ROE of 12.88% and ROCE of 12.52% are respectable, yet not the exceptional returns I demand from a durable moat. Growth is the bigger question: sales growth is just 1.64%, while profit growth is 8.68%; the five-year revenue CAGR of 10.17% suggests only moderate expansion. Valuation leaves little room for error. At P/E 37.45 and P/B 3.69, with book value of ₹1,222.37 and a dividend yield of only 0.44%, the market is already paying up. The given PEG of 0.08 looks striking, but I would not hang my thesis on one ratio when FairStock Score is 26/100, flagged RISKY. The 52-week range of ₹3,960–₹6,374 shows the stock has fallen from its high but not to a deep-value low. I would classify this as a cyclical, debt-free but richly valued tractor business. I would wait for either faster revenue growth, stronger ROCE, or a much lower price before demanding a margin of safety.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer