VST Industries (NSE:VSTIND) Net Income: ₹2,923 Mil (TTM As of Mar. 2026)

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NSE:VSTIND VST Industries Ltd NSE:VSTIND
84 GF Score
Price ₹229.25
GF Value ₹353.25
Valuation Significantly Undervalued
! 4 Warning Signs
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What is VST Industries Net Income?

VST Industries NSE:VSTIND -2.32% 84 Net Income is ₹2,923 Mil as of Mar. 2026. GuruFocus rates NSE:VSTIND with a GF Score™ of 84/100 and a GF Value™ of ₹353.25 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. VST Industries's Net Income for the three months ended in Mar. 2026 was ₹1,167 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,923 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. VST Industries's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₹6.87.


VST Industries  (NSE:VSTIND) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

VST Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


VST Industries Net Income Related Terms


VST Industries Net Income Historical Data

* Premium members only.

The historical data trend for VST Industries's Net Income 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 Net Income Chart

VST Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,202.30 3,269.83 3,015.65 2,903.95 2,922.54

VST Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income 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 530.00 561.30 592.10 602.30 1,166.90
NSE:VSTIND
84GF Score
VST Industries Ltd NSE:VSTIND
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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VST Industries Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

VST Industries's Net Income for the fiscal year that ended in Mar. 2026 is calculated as

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3900.384+-977.847+0+-4.5474735088646E-13
=2,923

VST Industries's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1545.5+-378.6+0+0
=1,167

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,923 Mil.

* 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 Net Income →
What does a Net Income of ₹2,923 Mil mean?
VST Industries (NSE:VSTIND) has a Net Income of ₹2,923 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on VST Industries and its competitors.
Is VST Industries' Net Income too high?
VST Industries' current Net Income is ₹2,923 Mil. Overall, VST Industries has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' Net Income compare to PM and MO?
VST Industries' Net Income of ₹2,923 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Tobacco Products company?
A good Net Income depends on the Tobacco Products industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on VST Industries and its competitors. VST Industries's current Net Income is ₹2,923 Mil. 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 Significantly Undervalued. The stock's GF Value™ is ₹353.25, compared to a current price of ₹229.25 — trading 35.1% below its estimated fair value. The current Net Income is ₹2,923 Mil. 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 Net Income calculated?
Net Income is calculated from a company's financial statements. For VST Industries (NSE:VSTIND), the current Net Income is ₹2,923 Mil 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 ₹229.25 is trading 35.1% below its estimated GF Value™ of ₹353.25. GuruFocus considers VST Industries to be Significantly Undervalued.

Key valuation signals for NSE:VSTIND:

  • Net Income: ₹2,923 Mil
  • GF Value™: ₹353.25 vs. price of ₹229.25 (35.1% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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

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

₹229.25
Price
₹353.25
GF Value