VST Tillers Tractors Ltd (BOM:531266)

Q3 2026 VST Tillers Tractors Ltd Earnings Call Transcript

Feb 8, 2026 / 04:30 AM GMT

Release Date Price: ₹5879.2 (+1.21%)

Transcript

Key Points

Positve

VST Tillers Tractors Ltd (BOM:531266) achieved its highest ever turnover for the first nine months, with a 32% growth in revenue compared to the previous year.
The company reported a significant 55% growth in power tiller sales and a 63% increase in power reaper sales over the last year.
Domestic tractor business saw an 18% growth, indicating a successful turnaround in this segment.
Operational EBITDA improved to 13.1% from 10.2% last year, showcasing better operational efficiency.
The company received several awards, including the Design Excellence Award, highlighting its strong R&D capabilities and innovative product development.

Negative

Export sales were down by 23%, with the company expecting to recover in the fourth quarter.
The company faces challenges in the international tractor market, particularly in Europe, due to logistical and cash flow issues.
There is a 15-20% cost disadvantage compared to Chinese imports, which could impact competitiveness in certain segments.
The company is still in the early stages of entering the marine engine market, with no significant numbers or market size defined yet.
Potential risks include sensitivity to rainfall and liquidity issues, which could affect the growth of small and marginal farmers, a key customer segment.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

VST.NS - VST Tillers Tractors Ltd
Q3 2026 VST Tillers Tractors Ltd Earnings Call
Feb 09, 2026 / 04:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Yeah, can we go to the main call, sir?

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Yes.

--------------------------------------------------------------------------------
Unidentified_1 [3]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to BHA Tiller Practice Limited, 3QFI26 postal conference call hosted by BNK Securities.

From VSC Tiller and Tractors Limited Management, we have with us today Mr. Viti Ravindra, managing director, Mr. Anthony Sherikara, Chief

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.