VST Industries (NSE:VSTIND) EBITDA Margin %: 45.65% (As of Mar. 2026) — 47% Above Median


NSE:VSTIND VST Industries Ltd NSE:VSTIND
84 GF Score
Price ₹261.10
GF Value ₹346.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is VST Industries EBITDA Margin %?

VST Industries NSE:VSTIND +0.15% 84 EBITDA Margin % is 45.65% as of Mar. 2026, which is 47% above its 10-year median of 31.04. GuruFocus rates NSE:VSTIND with a GF Score™ of 84/100 and a GF Value™ of ₹346.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 48 Tobacco Products companies, VST Industries ranks better than 70.83% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. VST Industries's EBITDA for the three months ended in Mar. 2026 was ₹2,084 Mil. VST Industries's Revenue for the three months ended in Mar. 2026 was ₹4,565 Mil. Therefore, VST Industries's EBITDA margin for the quarter that ended in Mar. 2026 was 45.65%.


VST Industries  (NSE:VSTIND) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


VST Industries EBITDA Margin % Related Terms


VST Industries EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for VST Industries's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VST Industries EBITDA Margin % Chart

VST Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.98 31.02 27.29 19.99 30.80

VST Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.95 26.00 23.45 23.04 45.65

NSE:VSTIND vs PM, MO, TPB: EBITDA Margin % Comparison

For the Tobacco subindustry, VST Industries's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VST Industries EBITDA Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, VST Industries's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where VST Industries's EBITDA Margin % falls into.


NSE:VSTIND
84GF Score
VST Industries Ltd NSE:VSTIND
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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VST Industries EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

VST Industries's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=4499/14607.4
=30.80 %

VST Industries's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2084.2/4565.4
=45.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 45.65% mean?
VST Industries (NSE:VSTIND) has a EBITDA Margin % of 45.65% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on VST Industries and its competitors. This is 47% above median its historical median of 31.04. Over the past decade, VST Industries' EBITDA Margin % has ranged from 19.99 to 37.47. According to the industry distribution chart, VST Industries ranks #14 out of 48 companies in the Tobacco Products industry, placing it in the top 29.2%.
Is VST Industries' EBITDA Margin % too high?
VST Industries' current EBITDA Margin % of 45.65% is 47% above median its 10-year median of 31.04. Over the past 10 years, this metric has ranged from a low of 19.99 to a high of 37.47. The Tobacco Products industry median EBITDA Margin % is 11.19. VST Industries' value of 45.65% is 308% above this industry median. Based on the distribution chart, VST Industries ranks #14 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, VST Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' EBITDA Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, VST Industries ranks #14 out of 48 companies for EBITDA Margin %. This puts VST Industries in the upper half of its industry. The industry median EBITDA Margin % is 11.19. VST Industries' value of 45.65% is 308% above this benchmark. Historically, VST Industries' own EBITDA Margin % has ranged from 19.99 to 37.47 over the past decade. While the company's 10-year median is 31.04 vs. the industry median of 11.19, VST Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Tobacco Products company?
The median EBITDA Margin % among Tobacco Products companies is 11.19, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VST Industries's current EBITDA Margin % of 45.65% is 308% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on VST Industries and its competitors. For the Tobacco Products industry, the median EBITDA Margin % is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VST Industries's current EBITDA Margin % is 45.65%, which is 47% above median its own 10-year median of 31.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (NSE:VSTIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹346.81, compared to a current price of ₹261.10 — trading 24.7% below its estimated fair value. The current EBITDA Margin % is 45.65%, which is 47% above median its 10-year median of 31.04 and 308% above the Tobacco Products industry median of 11.19. VST Industries' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For VST Industries (NSE:VSTIND), the current EBITDA Margin % is 45.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VST Industries (NSE:VSTIND) Overvalued in 2026?

Based on GuruFocus' analysis, VST Industries stock appears to be undervalued. The current stock price of ₹261.10 is trading 24.7% below its estimated GF Value™ of ₹346.81. GuruFocus considers VST Industries to be Modestly Undervalued.

Key valuation signals for NSE:VSTIND:

  • EBITDA Margin %: 45.65% (47% above median its 10-year median of 31.04)
  • GF Value™: ₹346.81 vs. price of ₹261.10 (24.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 308% above the Tobacco Products median (#14 of 48)

No single metric tells the full story. See the NSE:VSTIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VST Industries Business Description

Other Exchanges 509966:India
Address 1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
84GF Score

Get the complete analysis for NSE:VSTIND

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹261.10
Price
₹346.81
GF Value