NSE · VSTIND · Tobacco Products
VST Industries Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹1,506 Cr with net profit ₹292 Cr — a 19.41% net margin, versus 20.27% the period before.
Shareholding
As of 2026-06-30
- Promoter32.16%
- Public60.02%
- FII1.79%
- DII6.03%
1,48,518 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.43× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Cigarettes · ranked #3 of 4 by market cap · medians across 3 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| ITC Ltd. | ₹3,58,719 Cr | 66.58 | 4.95 | 27.56% | 24.41% |
| Godfrey Phillips India Ltd. | ₹32,772 Cr | 62.85 | 5.28 | 24.56% | 16.8% |
| VST Industries Ltd.(this company) | ₹3,719 Cr | 13.35 | 2.56 | 20.22% | 11.18% |
| NTC Industries Ltd. | ₹198 Cr | 10.12 | 0.94 | 9.32% | 19.4% |
AI analysis
AI-generated · google/gemini-2.5-flashVST Industries Limited, incorporated in 1930, engages in the manufacturing, trading, and marketing of cigarettes, tobacco, and tobacco products in India and internationally. The company also sells unmanufactured tobacco. As of 2026-06-30, public shareholding is 60.0168%, promoter holding is 32.1586%, DII holding is 6.0318%, and FII holding is 1.7928%. The company’s market capitalization is Rs 3981 Cr.
Positives
- +The company has a debt-to-equity ratio of 0, indicating no debt.
- +Return on capital employed (ROCE) is 26.98%, signifying efficient capital utilization.
- +The profit margin is 14.31%.
Negatives
- −Promoter holding has remained unchanged at 32.1586% since 2016.
- −FII holding has decreased from 9.5201% in June 2018 to 1.7928% in June 2026.
- −No revenue growth figure was provided in the data.
- −Quarterly EPS figures are not available in the provided data.
Business
VST Industries Limited, formerly known as Vazir Sultan Tobacco Company Limited, manufactures, trades, and markets cigarettes, tobacco, and tobacco products. The company also deals in unmanufactured tobacco, operating in India and internationally. It was incorporated in 1930 and is based in Hyderabad, India.
Financial Performance
The company reported revenue of Rs 1505.84 Cr in Mar 2026. Net profit for the same period was Rs 292.25 Cr. Annual revenue has seen fluctuations; it was Rs 1224.83 Cr in Mar 2022, rising to Rs 1505.84 Cr in Mar 2026. Annual net profit also varied, from Rs 320.23 Cr in Mar 2022 to Rs 292.25 Cr in Mar 2026. Quarterly revenue for Mar 2026 was Rs 457.06 Cr with a net profit of Rs 116.69 Cr. The latest quarter, Mar 2026, generated Rs 457.06 Cr in revenue.
Profitability & Returns
VST Industries Ltd. achieved a profit margin of 14.31%. Return on equity (ROE) stands at 20.22%, indicating the profit generated for each rupee of shareholders' equity. The return on capital employed (ROCE) is 26.98%, reflecting the efficiency of capital usage. Basic earnings per share (EPS) for the latest available annual period is Rs 17.21, and the current TTM EPS is Rs 17.15.
Balance Sheet
The company maintains a debt-to-equity ratio of 0, indicating no outstanding debt. The book value per share is Rs 85.65. The company has a market capitalization of Rs 3981 Cr.
Ownership & Pledges
As of 2026-06-30, the promoter holding in VST Industries Ltd. is 32.1586%, with no shares pledged. The total number of shareholders is 148518. Over time, FII holdings have decreased from 9.5201% in Jun 2018 to 1.7928% in Jun 2026.
Data as of — price: 2026-07-30 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.