VST Financials
NSE: VSTIND | BSE: 509966
₹207.96
As on 03-Sep-2026 15:58IST
Market cap
₹3,533 Cr
Revenue (TTM)
₹2,493 Cr
P/E Ratio
12.7
P/B Ratio
2.4
Div. Yield
5.8 %
Income Statement (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Operating Revenue
|
2,493.33
|
1,464.54
|
1,397.76
|
1,420.47
|
1,292.44
|
1,178.16
|
|||||
|
Total Income
|
2,543.61
|
1,505.84
|
1,432.57
|
1,500.07
|
1,368.84
|
1,224.83
|
|||||
|
Total Expenditure
|
2,070.70
|
1,014.64
|
1,118.95
|
1,067.27
|
909.75
|
766.53
|
|||||
|
EBITDA
|
422.63
|
449.90
|
278.81
|
353.20
|
382.69
|
411.64
|
|||||
|
Depreciation
|
100.58
|
101.16
|
44.49
|
38.11
|
30.20
|
30.10
|
|||||
|
EBIT
|
322.05
|
348.73
|
234.32
|
315.09
|
352.49
|
381.54
|
|||||
|
Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Other Income
|
50.28
|
41.30
|
34.80
|
79.60
|
76.40
|
46.67
|
|||||
|
Exceptional Items
|
--
|
--
|
100.49
|
--
|
--
|
--
|
|||||
|
Profit before Tax
|
372.33
|
390.04
|
369.61
|
394.69
|
428.89
|
428.21
|
|||||
|
Provision for Tax
|
93.78
|
97.78
|
79.21
|
93.13
|
101.91
|
107.98
|
|||||
|
Profit after Tax
|
278.55
|
292.25
|
290.39
|
301.57
|
326.98
|
320.23
|
Liabilities (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Shareholder's Funds
|
1,445.67
|
1,445.67
|
1,322.69
|
1,252.41
|
1,179.70
|
1,074.30
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Non-Current Liabilities
|
25.19
|
-18.96
|
5.31
|
6.60
|
3.69
|
1.36
|
|||||
|
Current Liabilities
|
544.97
|
544.97
|
469.86
|
446.03
|
452.43
|
493.37
|
|||||
|
Total Liabilities
|
2,015.83
|
2,015.83
|
1,816.00
|
1,720.09
|
1,653.65
|
1,590.63
|
Assets (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Non-Current Assets
|
288.67
|
247.94
|
509.69
|
516.84
|
803.85
|
427.00
|
|||||
|
Current Assets
|
1,375.01
|
1,375.01
|
939.44
|
839.47
|
831.97
|
1,142.03
|
|||||
|
Total Assets
|
2,015.83
|
2,015.83
|
1,816.00
|
1,720.09
|
1,653.65
|
1,590.63
|
|||||
|
Total Debt*
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Net Current Assets
|
830.04
|
830.04
|
469.58
|
393.44
|
379.54
|
648.66
|
|||||
|
Contingent Liabilities
|
--
|
9.83
|
9.07
|
6.28
|
6.47
|
6.63
|
Cashflow (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash From Operating Activities
|
--
|
218.27
|
193.47
|
167.02
|
181.46
|
277.22
|
|||||
|
Cash Flow from Investing Activities
|
--
|
-31.37
|
9.79
|
79.32
|
46.72
|
-95.75
|
|||||
|
Cash from Financing Activities
|
--
|
-169.54
|
-221.31
|
-230.77
|
-223.54
|
-186.65
|
|||||
|
Net Cash Inflow / Outflow
|
--
|
17.36
|
-18.05
|
15.57
|
4.63
|
-5.18
|
Financials Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Adjusted EPS (₹)
|
16.40
|
17.21
|
17.10
|
17.75
|
19.25
|
18.85
|
|||||
|
Cash EPS (₹)
|
16.40
|
23.16
|
19.72
|
20.00
|
21.03
|
20.62
|
|||||
|
Adjusted Book Value (₹)
|
87.50
|
85.01
|
77.77
|
73.54
|
69.31
|
63.19
|
|||||
|
Dividend per Share (₹)
|
5.77
|
12.00
|
10.00
|
13.64
|
13.64
|
12.73
|
|||||
|
Cash Flow per Share (₹)
|
--
|
12.85
|
11.39
|
108.16
|
117.51
|
179.52
|
|||||
|
Free Cash Flow per Share (₹)
|
--
|
13.96
|
16.98
|
94.60
|
-102.16
|
175.32
|
Profitability Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
ROCE (%)
|
--
|
28.18
|
28.71
|
32.46
|
38.06
|
42.51
|
|||||
|
ROE (%)
|
20.53
|
21.14
|
22.60
|
24.86
|
29.06
|
31.80
|
|||||
|
ROA (%)
|
14.54
|
15.51
|
16.58
|
18.05
|
20.41
|
21.14
|
|||||
|
EBIT Margin (%)
|
12.92
|
23.81
|
16.76
|
22.18
|
27.27
|
32.38
|
|||||
|
Net Margin (%)
|
10.95
|
19.41
|
20.27
|
20.10
|
23.89
|
26.14
|
|||||
|
Cash Profit Margin (%)
|
--
|
19.23
|
18.51
|
18.49
|
21.36
|
22.45
|
Growth Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue Growth (%)
|
38.54
|
4.78
|
-1.60
|
9.91
|
9.70
|
6.05
|
|||||
|
EBIT Growth (%)
|
36.29
|
48.83
|
-25.64
|
-10.61
|
-7.61
|
1.69
|
|||||
|
Net Profit Growth (%)
|
32.47
|
0.64
|
-3.70
|
-7.77
|
2.11
|
3.04
|
|||||
|
EPS Growth (%)
|
-4.92
|
0.64
|
-3.70
|
-7.77
|
2.11
|
3.04
|
|||||
|
Book Value Growth (%)
|
--
|
9.31
|
5.75
|
6.10
|
9.69
|
14.13
|
Valuation Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Price / Earnings
|
12.68
|
11.62
|
15.34
|
1.66
|
14.85
|
14.77
|
|||||
|
Price / Book Value
|
2.38
|
2.35
|
3.37
|
4.42
|
4.12
|
4.41
|
|||||
|
Dividend Yield (%)
|
5.77
|
6.00
|
3.81
|
4.20
|
4.77
|
4.57
|
|||||
|
EV/EBITDA
|
7.40
|
6.85
|
14.15
|
12.66
|
10.53
|
10.29
|
|||||
|
Close Price (₹)
|
260.30
|
200.07
|
263.25
|
324.55
|
285.96
|
278.65
|
|||||
|
High Price (₹)
|
319.10
|
349.95
|
486.70
|
393.50
|
352.72
|
354.09
|
|||||
|
Low Price (₹)
|
199.70
|
199.70
|
242.05
|
281.28
|
259.70
|
253.27
|
|||||
|
Market Cap (₹ Cr)
|
3,533.11
|
3,397.29
|
4,455.51
|
5,515.13
|
4,855.05
|
4,731.27
|
Solvency Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debt to Equity
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Short term debt to equity ratio
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Current Ratio
|
2.52
|
2.52
|
2.00
|
1.88
|
1.84
|
2.31
|
|||||
|
Quick Ratio
|
1.28
|
1.28
|
0.97
|
0.86
|
1.07
|
1.72
|
|||||
|
Interest Coverage
|
--
|
--
|
--
|
--
|
--
|
--
|
Operating Efficiency Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtors to sales (%)
|
1.89
|
3.21
|
4.58
|
3.27
|
3.34
|
2.83
|
|||||
|
Asset Turnover
|
1.30
|
1.09
|
1.03
|
1.10
|
1.04
|
1.03
|
|||||
|
Receivable days
|
--
|
9.91
|
11.14
|
8.90
|
8.35
|
5.67
|
|||||
|
Inventory Days
|
--
|
103.44
|
94.77
|
79.88
|
70.38
|
69.32
|
|||||
|
Payable days
|
--
|
66.80
|
56.21
|
52.01
|
58.84
|
75.76
|
|||||
|
Cash Conversion Cycle
|
--
|
46.56
|
49.69
|
36.77
|
19.88
|
-0.76
|