VST Tillers Tractors files FY26 BRSR report with exchanges
- Power tillers drive 67% of turnover; exports at 7%
- Dealer sales concentration rises to 90.52% of total
- Customer complaints increase to 4,718 but fully resolved
- Renewable energy contributes 4,463.06 GJ to total consumption
- Zero regulatory fines or corruption-related disciplinary actions

*this image is generated using AI for illustrative purposes only.
VST Tillers Tractors has filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the National Stock Exchange of India Ltd and BSE Ltd. The disclosure, dated September 1, 2026, outlines the company’s environmental, social, and governance performance alongside operational metrics.
The report confirms that power tillers and small farm machinery account for 67% of total turnover, while tractors contribute 33%. Exports represent 7% of total turnover, with operations spanning 28 Indian states and 40 countries.
Operational and Workforce Metrics
VST Tillers Tractors operates three plants and 23 offices across India. As of March 31, 2026, the company employed 619 permanent employees and 883 permanent workers. Female representation stands at 4.20% among employees and 3.06% among workers.
| Category | Total Headcount | Male | Female |
|---|---|---|---|
| Permanent Employees | 619 | 593 (95.80%) | 26 (4.20%) |
| Permanent Workers | 883 | 856 (96.94%) | 27 (3.06%) |
What the Numbers Show
Sales concentration remains high, with 90.52% of total sales directed to dealers and distributors in FY26, up from 87.99% in FY25. This indicates a deepening reliance on the dealer network for revenue realization. Additionally, customer complaints rose to 4,718 from 4,119 in the prior year, though all were resolved within the period, suggesting robust after-sales service capacity despite higher volume.
Environmental and Governance Disclosures
The company reported total energy consumption of 44,983.69 GJ, with renewable sources contributing 4,463.06 GJ. Scope 1 and Scope 2 greenhouse gas emissions totaled 2,536.99 and 1,775.54 metric tonnes of CO2 equivalent, respectively. Water withdrawal increased to 45,262.00 kilolitres, primarily from groundwater (35,416.00 KL).
Governance structures include Board oversight for sustainability policies. The company recorded zero fines or penalties related to regulatory violations. Anti-corruption policies are in place, with no disciplinary actions taken against directors or key managerial personnel for bribery or corruption.
Historical Stock Returns for VST Tillers Tractors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.43% | -3.76% | -5.55% | -27.14% | -20.42% | +63.56% |
How might the increasing reliance on dealers (90.52% of sales) impact VST Tillers' pricing power and margin stability in a competitive rural economy?
Given the rise in customer complaints, what specific product quality or after-sales service improvements is the company planning to implement to maintain brand loyalty?
With only ~4% female representation in the workforce, what strategic initiatives is VST Tillers undertaking to diversify its talent pool and meet evolving ESG investor expectations?


































