V.S.T Tillers Tractors Limited has informed the Exchange about Transcript
VSTTILLERS · price
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V.S.T Tillers Tractors filed the transcript of its post-results investor call for Q4 FY25. Q4 revenue grew 10% to Rs. 301.43 crore, while full-year operational EBITDA margin slipped to 11.17% from 12.83% due to higher R&D and product development spend. New businesses showed strong traction: Power Weeder sales rose 63%, Power Reaper 22%, Precision Components external business 71%, and the new Power Series tractors (932, 939) grew 180%. Management guided Q1 FY26 to grow 20-30% and reaffirmed EBITDA guidance in the 11-13% range. FY26 product launches include 'SCORE' (a new segment between tillers and tractors) and electric power tiller/weeder variants. For FY27, the company plans 3 new global platforms with 8 models and 16 variants, keeping its revenue doubling target intact. Tractor exports dipped on weak European demand, receivables stood at 75 days (improved from 88), and US tariff impact on Monarch shipments is expected in Q1.
Strong new-product momentum and clear FY26-FY27 roadmap are positive, but near-term margin pressure from R&D investments and European export softness remain watch points. Investors should track Q1 FY26 delivery against the 20-30% growth guidance and progress on SCORE and electric product launches.