VST Tillers Tractors Limited has reported robust sales performance for February 2026, demonstrating strong growth across its product portfolio. The company achieved total sales of 4435 units compared to 3260 units in February 2025, marking a significant 36.05% year-on-year increase.

February 2026 Sales Performance

The monthly sales data reveals impressive growth across both major product categories:

Power tillers continued to be the primary revenue driver, accounting for the majority of unit sales with 3963 units sold in February 2026. The tractor segment showed particularly strong momentum with a 53.25% growth rate, though from a smaller base.

Year-to-Date Performance

The cumulative performance for the year-to-date period further reinforces the company's strong market position:

The year-to-date figures show sustained growth momentum, with total unit sales reaching 51303 compared to 34692 in the corresponding period of the previous year, representing a 47.87% increase.

Key Highlights

The February 2026 sales report highlights several positive trends:

• Strong demand for power tillers with over 34% monthly growth
• Robust tractor sales performance exceeding 53% growth
• Consistent year-to-date momentum across product categories
• Total unit sales crossing the 4400 mark in a single month

The company has noted that the reported figures are unaudited and final audited numbers may vary. This sales performance data was communicated to stock exchanges as part of regular disclosure requirements, signed by Company Secretary Chinmaya Khatua on March 01, 2026.

VST Tillers Tractors Ltd. delivered a strong financial performance in the first nine months of FY26, as presented at the Omkara Capital Investors Meet in Mumbai on February 21, 2026. The company showcased robust growth across key financial metrics while outlining its strategic roadmap for continued expansion in the agricultural machinery sector.

Financial Performance Highlights

The company's 9M FY26 results demonstrated significant improvement across all major financial parameters:

The operational EBITDA includes Rs 1.66 crores impact of new labour code, and excluding this provision, the EBITDA margin would reach 13.20%. The company maintained its profit margins despite facing challenges from COVID-19, supply chain disruptions, and inflationary pressures through focused implementation of zero-based costing and other operational initiatives.

Revenue Growth Trajectory

VST Tillers Tractors has demonstrated consistent revenue growth over the years, with total revenue reaching Rs 994 crores in FY25. The company's revenue journey shows resilience through various market cycles:

Company Overview and Market Position

Founded in 1967 as part of the VST Group established in 1911, VST Tillers Tractors operates in the 2-50 HP range and is recognized as a pioneer in power tillers and 4WD compact tractor segments. The company maintains three manufacturing units in Hosur, Malur, and Mysore, supported by an extensive distribution network comprising:

• 1000+ dealer network
• 6200+ retailer network
• 85 spare parts distributors across India
• International presence in 40+ countries
• Organic entry into European markets in 2018 under the FieldTrac brand

Strategic Growth Initiatives

The company outlined several key strategic directions for future growth:

Power Tillers Evolution: Expanding from power tillers to small farm machines with global reach, targeting 15-20% growth in the tiller business and expansion of power weeder manufacturing.

Compact Tractor Leadership: Core tractor business expected to grow by 10-15%, with planned US market entry and product launch in 2027, alongside continued global expansion in Europe and South America.

Technology Development: Establishment of Global Technology Center (GTC) to drive product innovation in both ICE and electric segments, covering tractor range and small farm machine categories.

Operational Excellence and Cash Generation

VST Tillers Tractors has demonstrated strong cash generation capabilities, with Rs 108 crores generated from operations in 9M FY26. The company's cumulative cash generation from 2019-20 to 2024-25 reached Rs 618 crores, significantly higher than the Rs 275 crores generated from 2014-15 to 2019-20, reflecting improved operational efficiency and working capital management.

The company maintains operational EBITDA guidance of 11% to 13% despite investments for growth, positioning itself for sustained expansion while maintaining profitability standards.