VST Tillers Tractors: Aug 13 board meet, Q4 FY26 slump

Stock snapshot and latest trading levels

V.S.T. Tillers Tractors Ltd (VSTTILLERS) was reported at ₹4,487.40 on 7 August 2026 around 15:29 IST. The same price level of ₹4,487.40 was also cited as the share price “as of 8 Aug 2026”. Exchange end-of-day references in the data set showed levels around ₹4,491.40 and ₹4,487.40 on 7 August 2026, with declines of about 1.3% to 1.5% on the day.

The counter was also referenced at ₹4,500.25 (down 0.15%) and at ₹4,580 (down 0.22%) in separate mentions linked to the March-quarter earnings update. These price points reflect different timestamps and venues (BSE/NSE) captured in the provided text.

Board meeting scheduled for August 13, 2026

The company informed BSE that a meeting of the Board of Directors is scheduled on 13 August 2026. The filing stated that the meeting is scheduled “inter alia, to consider and approve” items under the board meeting intimation.

A separate line in the dataset also lists “Quarterly Results – Announcement Date – Aug 13, 2026,” aligning with the board meeting date. Beyond the scheduling and the stated purpose to consider and approve matters, no additional agenda details were provided in the text.

Earlier board meeting for audited FY26 results

The dataset also references an earlier BSE intimation that the board meeting was scheduled on 15 May 2026 to consider and approve audited financial results (standalone and consolidated) for the quarter and year ended 31 March 2026.

This provides context that the company has used board meetings to approve and disclose financial results and that the August 13, 2026 meeting is positioned in the reporting calendar.

March 2026 quarter: QoQ pressure on profitability

For the quarter ended March 2026, the dataset lists revenue of ₹297.26 crore, compared with ₹321.32 crore in December 2025, a decline of 7.49% quarter-on-quarter (QoQ). Operating profit was reported at ₹8.71 crore versus ₹40.54 crore in December 2025, down 78.52% QoQ.

Profit for March 2026 was stated at ₹5.09 crore compared with ₹30.43 crore in December 2025, a drop of 83.27% QoQ. The earnings per share (EPS) for March 2026 was reported as ₹107.60.

March 2026 quarter: YoY split between revenue and profit

In another March-quarter summary within the dataset, consolidated net profit for Q4 FY26 was reported to have slipped 79.15% year-on-year (YoY) to ₹5.09 crore from ₹24.42 crore in Q4 FY25. At the same time, revenue from operations was said to have increased 8.96% YoY to ₹328.46 crore for the quarter ended 31 March 2026.

Taken together, the provided figures indicate that while revenue was higher YoY in the March quarter, profit was materially lower over the same period.

June 2026 sales: reported growth, but mixed segment trends

The company’s June 2026 sales were described as rising about 3% YoY to 8,107 units, up from 7,869 units in June 2025. Year-to-date sales were reported at 18,741 units. The dataset notes that these figures are unaudited.

A more detailed segment split for June 2026 was also provided: power tillers at 6,671 units (versus 6,651 units YoY), tractors at 435 units (versus 498 units YoY), and power weeders at 1,001 units (versus 720 units YoY). This implies stable power tiller demand, a decline in tractor volumes, and strong growth in power weeders.

One “market snapshot” section in the dataset cited a different total June sales number of 7,106 units (versus 7,149 units YoY), describing a marginal 0.6% contraction. Since both totals appear in the provided text, readers should treat June volume totals as source-dependent within this compilation.

May 2026 sales: strong YoY jump

For May 2026, total volumes were reported at 4,472 units, up 28.28% YoY from 3,486 units in May 2025. Power tiller sales were cited at 4,019 units, up 31.90% YoY from 3,047 units.

These monthly disclosures, along with June’s segment detail, indicate the company’s reporting emphasis on unit volumes and product mix across tillers, tractors, and weeders.

FY26 and FY2026 interim performance references

The dataset states that VST Tillers Tractors reported a 25% rise in FY26 operational revenue to ₹1,240 crore, with operating EBITDA growing 49% to ₹165.9 crore.

It also includes interim performance figures for FY2026: Q2 revenue up 11.2% to ₹315.15 crore and adjusted net profit up 13.8% to ₹27.70 crore; H1 FY2026 revenue up 26.1% to ₹597.60 crore; and H1 operational EBITDA up 53.7% to ₹78.66 crore. H1 net profit was reported at ₹69.99 crore, up 3.3%.

Separately, the text contains two conflicting Q1 revenue statements: one cites revenue of ₹282.50 crore (up 48% YoY), while another states revenue from operations increased by 47% to ₹2,824.50 crore and net profit nearly doubled to ₹445.60 crore. Both appear in the provided material, but they do not reconcile within the dataset.

Key facts table

Company identifiers and background

The stock symbol is VSTTILLERS on the NSE and 531266 on the BSE, with ISIN INE764D01017. The company is described in the dataset as an agricultural machinery manufacturer founded in 1967 by the VST Group, with products including power tillers, tractors, engines, and components.

Why the numbers matter for investors

The March-quarter data points to a sharp sequential decline in operating profit and net profit versus the December 2025 quarter, even as separate disclosures show revenue growth on a YoY basis for the March quarter. For market participants, this split often shifts attention to cost structure, operating leverage, and product mix, though the dataset does not provide detailed cost-line explanations.

On the volume side, June’s segment data suggests power tillers remain the largest contributor to units, while tractor volumes were weaker YoY and power weeders grew strongly. The upcoming 13 August 2026 board meeting and the stated quarterly results timeline are the next formal checkpoints cited in the text.

Conclusion

VST Tillers Tractors heads into its 13 August 2026 board meeting with mixed operating signals in the available disclosures: March-quarter profitability fell sharply QoQ, while monthly unit updates show resilience in power tillers and growth in power weeders alongside weaker tractor volumes. The next update referenced in the dataset is the August 13 results-related schedule, which will be watched for clearer reconciliation across performance metrics and reporting periods.