Is V.S.T. Tillers Tractors a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that V.S.T. Tillers Tractors Ltd is a good quality company .

Is V.S.T. Tillers Tractors undervalued or overvalued?

The key valuation ratios of V.S.T. Tillers Tractors Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is V.S.T. Tillers Tractors share price return in the past 10 years?

V.S.T. Tillers Tractors Ltd share price has appreciated 11.8% annually (CAGR) over the past ten years.

Is V.S.T. Tillers Tractors a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of V.S.T. Tillers Tractors Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

V.S.T. Tillers Tractors Ltd - Stock Valuation and Financial Performance

Name: V.S.T. Tillers Tractors
Brand: V.S.T. Tillers Tractors

BSE: 531266 | NSE: VSTTILLERS | Automobiles-Tractors | Small Cap

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VST Tillers Tractors Share Price

₹4,450 -16.90 -0.38%
as on 21-Nov'24 13:57

10 Year X-Ray of VST Tillers Tractors:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	30.5%	28.8%	25.9%	28.1%	12.5%	4.2%	19.5%	18.9%	16%	18.1%	-
Value Creation Index ⓘ	1.2	1.1	0.9	1.0	-0.1	-0.7	0.4	0.4	0.1	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	552	647	675	763	615	544	764	854	1,006	968	917
Sales YoY Gr.	-	17.2%	4.4%	13.1%	-19.5%	-11.6%	40.6%	11.7%	17.9%	-3.8%	-
Adj EPS ⓘ	80.2	85.2	83.6	109.5	57.3	30.7	81.5	98.3	94.7	98.5	138.7
YoY Gr.	-	6.2%	-1.9%	31.1%	-47.7%	-46.4%	165.3%	20.6%	-3.6%	4%	-
BVPS (₹) ⓘ	420.1	485.6	578.8	690.3	682.8	667.8	772.7	867.6	954.3	1,069.3	1,129.3
Adj Net Profit ⓘ	69.3	73.6	72.2	94.6	49.5	26.5	70.4	84.9	81.8	85.1	120
Cash Flow from Ops. ⓘ	26	85.2	86.5	33.4	43.2	72.3	155	125	36.4	48.6	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.5%	9.5%	8.2%	-3.8%
Adj EPS ⓘ	2.3%	11.5%	6.6%	4%
BVPSⓘ	10.9%	9.4%	11.4%	12.1%
Share Price	11.8%	31.4%	11.6%	9.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	20.5	18.8	15.7	17.3	8.4	4.6	11.3	12	10.4	9.7	12.6
Op. Profit Mgn % ⓘ	18.2	17.5	15	15.7	9	5.6	12.1	14.6	12.7	12.9	11
Net Profit Mgn % ⓘ	12.6	11.4	10.7	12.4	8.1	4.9	9.2	9.9	8.1	8.8	13.1
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	145	130	132	143	193	198	127	104	104	132	143
Cash Conv. Cycle ⓘ	98	95	87	83	108	99	48	31	29	45	115

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.60%

Sales growth has been subdued in last 3 years 8.20%

Net Profit has been subdued in last 3 years 6.55%

Sales growth is not so good in last 4 quarters at -14.13%

Latest Financials - V.S.T. Tillers Tractors Ltd.

	Standalone	Consolidated
TTM EPS (₹)	138.7	137.6
TTM Sales (₹ Cr.)	917	917
BVPS (₹.) ⓘ	1,129.3	1,128.2
Reserves (₹ Cr.) ⓘ	967	966
P/BV ⓘ	3.96	3.96
PE ⓘ	32.20	32.46

From the Market
52 Week Low / High (₹)	2960.80 / 4888.90
All Time Low / High (₹)	6.83 / 4888.90
Market Cap (₹ Cr.)	3,859
Equity (₹ Cr.)	8.6
Face Value (₹)	10
Industry PE ⓘ	34.2

Management X-Ray of VST Tillers Tractors:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of VST Tillers Tractors

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of VST Tillers Tractors

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	552	647	675	763	615	544	764	854	1,006	968
Operating Expenses ⓘ	451	534	574	644	570	526	672	729	879	843
Manufacturing Costs	12	13	13	17	17	15	13	16	18	18
Material Costs	357	421	446	494	407	372	509	578	705	658
Employee Cost	41	45	56	69	66	68	82	71	79	86
Other Costs ⓘ	42	55	59	64	80	70	68	65	76	82
Operating Profit ⓘ	100	113	101	120	45	17	92	125	128	125
Operating Profit Margin (%)	18.2%	17.5%	15.0%	15.7%	7.3%	3.2%	12.1%	14.6%	12.7%	12.9%
Other Income ⓘ	12	12	26	45	45	24	46	34	25	61
Interest ⓘ	2	3	3	2	2	2	2	2	2	3
Depreciation ⓘ	9	13	12	11	16	16	17	25	27	27
Exceptional Items ⓘ	0	0	3	0	0	0	0	0	0	0
Profit Before Tax ⓘ	101	110	116	152	72	23	119	132	124	156
Tax ⓘ	31	36	33	40	25	5	28	33	32	34
Profit After Tax	70	74	83	112	46	18	91	99	92	122
PAT Margin (%)	12.6%	11.5%	12.2%	14.7%	7.5%	3.3%	11.9%	11.6%	9.2%	12.6%
Adjusted EPS (₹)	80.5	85.8	95.7	129.6	53.3	20.8	105.1	115.0	106.9	140.7
Dividend Payout Ratio (%)	19%	17%	0%	39%	28%	72%	19%	17%	23%	14%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	364	420	500	596	590	577	668	750	824	924
Share Capital ⓘ	9	9	9	9	9	9	9	9	9	9
Reserves ⓘ	355	411	491	588	581	568	659	741	816	915
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	17	32	36	62	34	58	83	82	131	99
Others Liabilities ⓘ	92	81	95	128	124	94	134	134	136	145
Total Liabilities ⓘ	472	533	631	786	748	729	885	966	1,091	1,167
Fixed Assets
Gross Block	185	189	200	214	273	288	346	381	400	415
Accumulated Depreciation	50	62	73	78	90	104	120	137	160	187
Net Fixed Assetsⓘ	135	127	127	136	183	184	226	244	240	228
CWIP ⓘ	2	3	10	57	35	48	25	12	14	5
Investmentsⓘ	95	136	188	204	165	156	312	414	430	484
Inventories	100	80	71	78	124	102	107	101	108	118
Trade Receivables	94	124	132	186	96	96	82	68	149	155
Cash Equivalents	18	28	37	17	19	26	32	31	28	47
Others Assetsⓘ	28	35	67	108	126	116	100	97	122	130
Total Assets ⓘ	472	533	631	786	748	729	885	966	1,091	1,167

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	26	85	87	33	43	72	155	125	36	49
PBT ⓘ	101	110	116	152	72	23	119	132	124	156
Adjustment ⓘ	2	4	-10	-30	-7	17	-16	-1	12	-24
Changes in Working Capital ⓘ	-45	10	18	-55	13	42	77	29	-69	-54
Tax Paid ⓘ	-32	-39	-38	-35	-34	-10	-25	-35	-30	-30
Cash Flow From Investing Activity ⓘ	-13	-43	-75	-36	11	-33	-148	-110	-32	9
Capex	-23	-8	-32	-67	-45	-34	-28	-29	-24	-7
Net Investments	11	-41	-39	4	32	-4	-127	-85	-13	10
Others ⓘ	-1	7	-3	27	24	5	7	4	6	6
Cash Flow From Financing Activityⓘ	-17	-34	-3	-17	-54	-33	-2	-19	-19	-25
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-2	-3	-3	-1	-2	-1	-2	-1	-1	-2
Dividend Paid ⓘ	-13	-26	0	-13	-43	-26	0	-17	-17	-22
Others ⓘ	-2	-5	0	-3	-9	-5	0	-1	-1	-1
Net Cash Flow ⓘ	-4	9	9	-19	0	7	6	-4	-14	33

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	20.61	18.95	17.99	20.43	7.77	3.09	14.59	14.02	11.74	13.9
ROCE (%)	30.48	28.83	25.88	28.11	12.48	4.24	19.47	18.88	16	18.1
Asset Turnover Ratio	1.17	1.29	1.16	1.08	0.83	0.77	1	0.97	1.02	0.9
PAT to CFO Conversion(x)	0.37	1.15	1.05	0.29	0.93	4	1.7	1.26	0.39	0.4
Working Capital Days
Receivable Days	65	61	69	76	81	62	40	31	38	55
Inventory Days	62	51	41	36	58	72	48	42	36	41
Payable Days	37	21	28	36	43	45	50	52	55	64

V.S.T. Tillers Tractors Ltd Stock News

V.S.T. Tillers Tractors Ltd FAQs

What is the share price of VST Tillers Tractors?

Company share prices are keep on changing according to the market conditions. The closing price of VST Tillers Tractors on 21-Nov-2024 13:57 is ₹4,450.

What is the market cap of VST Tillers Tractors?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 13:57 the market cap of VST Tillers Tractors stood at ₹3,859.2.

What is the P/E ratio of VST Tillers Tractors?

The latest P/E ratio of VST Tillers Tractors as of 21-Nov-2024 13:57 is 32.20.

What is the P/B ratio of VST Tillers Tractors?

The latest P/B ratio of VST Tillers Tractors as of 21-Nov-2024 13:57 is 3.96.

What is the 52-week high and low of VST Tillers Tractors?

The 52-week high of VST Tillers Tractors is ₹4,888.9 and the 52-week low is ₹2,960.8.

What is the TTM revenue of VST Tillers Tractors?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VST Tillers Tractors is ₹917.4 ( Cr.) .

About V.S.T. Tillers Tractors Ltd

The VST Group diversified into manufacturing and promoted VST Tillers Tractors, in association and joint venture with the Mitsubishi Group, Japan in 1965. The factory was set up on the outskirts of Bangalore and began with the production of single cylinder diesel engines and power tillers (2-wheeled tractors).

Way back in 1920 the VST Group made a humble start by dealing in petroleum products. Using this strong base, the Group quickly diversified into automotive marketing and after-sales service. From this activity grew the network of the organization throughout the southern states of Karnataka and Tamil Nadu.

In 1984, VST Tillers Tractors entered into an additional technical and financial collaboration again with the Mitsubishis, Japan, for manufacture of compact four wheel drive tractor with rotary.

The tradition and culture of the VST Group continues in this company in spite of it having adopted new management techniques to face global challenges.

Consequent to its long and close association with the Mitsubishi Group of Companies, VST Tillers Tractors Ltd., has effectively absorbed the latest technology and work culture. This has resulted in the company's achievement in perfecting every product it manufactures, meeting even the most exacting requirements of the customer.

Over the years, VST Tillers Tractors Ltd., has established an extensive and efficient countrywide sales and after-sales service network backed by easy availability of spare parts. Periodic training programmes for dealers and customers are taken up to keep them constantly updated on improvements in its products.

Keeping in line with India's liberalised economic policies and guided by the conviction that quality products are marketable world wide, VST Tillers Tractors Ltd., has successfully launched global marketing of its products. It is marketing diesel wngines, power tillers and tractors to regions of Asia, Middle East, Africa, Europe and United States of America.

Products range of the company includes:

Tillers
Tractors
Diesel Engines

Different divisions of the company:

Bangalore Division -- Manufacturers of Mitsubishi Shakti Power Tillers, Tractors and Diesel Engines
Hosur Division -- Manufacturers of Mitsubishi Shakti Power Tillers and Diesel Engines
Precision Components Division, Mysore -- Manufacturer of Diesel Engine components and Precision Custom made auto components