VST Tillers Tractors Ltd reported a rise in total sales for May 2026, driven primarily by increased demand for power tillers. The company sold a total of 4472 units in May 2026, compared to 3486 units in May 2025. This performance contributed to a year-to-date total of 7955 units, up from 5806 units in the corresponding period of the previous year.

Power tillers led the sales volume with 4019 units sold during the month, an increase from 3047 units in May 2025. The year-to-date sales for power tillers reached 7130 units, compared to 5050 units in the same period last year. Tractor sales also saw a marginal increase, with 453 units sold in May 2026 against 439 units in May 2025, bringing the year-to-date figure to 825 units from 756 units.

The following table details the sales figures for the period ended May 2026:

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited. The company noted that the figures provided are unaudited and are subject to variation upon audit. Chinmaya Khatua, Company Secretary, signed the disclosure on behalf of VST Tillers Tractors Ltd.

V.S.T. Tillers Tractors Ltd. reported a 25% increase in operational revenue to ₹1240 crore for FY26, up from ₹994 crore in the previous year. The company's operating EBITDA grew 49% to ₹165.9 crore, improving margins to 13.4% from 11.2% in FY25. Profit after tax (PAT) rose 15% to ₹106 crore, while PAT excluding fair value gains surged 61% to ₹113 crore. The company disclosed these financial results during an investor presentation at the 360 ONE 16th Annual Global Investor Conference in Mumbai on May 28, 2026.

Financial Performance

Total revenue for FY26 stood at ₹1245 crore. The growth was driven by a focus on operational efficiency and strategic initiatives, despite challenges such as fair value losses impacting the reported PAT. The presentation highlighted that FY26 PAT was impacted by a fair value loss of ₹30 crore compared to the previous year.

Operational Metrics

VST Tillers Tractors maintained profitability with a cash generation from operations of ₹132 crore in FY26. The company's net working capital days improved to 43 days from 59 days in the previous year. Inventory days stood at 36, while receivables days decreased to 51. The Earnings Per Share (EPS) for FY26 was 123, with EPS excluding mark-to-market gains reaching 130.

Strategic Outlook

The company outlined its strategic directions, including evolving power tillers into small farm machines, maximizing capacity utilization for high-horsepower tractors, and promoting precision implements. VST Tillers Tractors continues to focus on leadership in the compact tractor segment and exploring rural distribution opportunities.