What the business is, and whether it's a good one at a fair price.
Manufactures and sells cigarettes in India, the company's sole product line, with the unmanufactured tobacco business contributing the balance. For FY26, the company reported total revenue of Rs 2,045.74 cr and cigarette revenue of Rs 1,732 cr, with net profit of Rs 292.26 cr and an EBITDA margin of 24.01%. Monthly cigarette volumes stood at 696 million sticks, up 8.6% YoY, supported by productivity initiatives and an enhanced brand portfolio. The cost structure is dominated by other operating expenses at 37.7% of revenue, followed by materials at 33.4% (largely tobacco leaf), with employee costs at 6.8%, depreciation at 4.9% and capex at 2.1%. The company carries no outstanding debt and operates manufacturing facilities including a Zero Liquid Discharge plant at Toopran, with 33% of its power coming from green sources and a 2030 carbon-neutrality target. Following the government's February 2026 removal of Compensation Cess and a simultaneous hike in GST and excise duty on cigarettes, Q1FY27 net revenue fell 13% YoY to Rs 256 cr, cigarette volumes dropped 14.4% QoQ, and EBITDA margin compressed to 19.5%.
Measured from the filed financials, judged against its Fast Moving Consumer Goods peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from VST INDUSTRIES LTD's filed financials and exchange disclosures
VST INDUSTRIES LTD is a Cigarettes & Tobacco Products company listed on NSE and BSE, trading under the symbol VSTIND.
Yes. Over the trailing twelve months VST INDUSTRIES LTD reported a net profit of ₹279 Cr on revenue of ₹2,493 Cr.
Yes. The dividend yield is 4.89% at the current price. It paid out 58% of its profit as dividend in FY26.
Effectively yes. It holds ₹24 Cr more cash than debt. Debt stands at 0.00× equity.
On trailing P/E, VST INDUSTRIES LTD ranks 125 of 316 in Fast Moving Consumer Goods — cheaper than 61% of them, against an industry median of 16.3×. This is a position, not a valuation judgement.
On a typical session VST INDUSTRIES LTD moves 0.68% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by VST INDUSTRIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.