VST Industries financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹844cr+87.4% on Q2 FY26
Net profit
₹41.0cr−30.7% on Q2 FY26
EBITDA margin
5.1%−12.3 pts on Q2 FY26
EPS
₹2.41−30.9% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue844450+87.4%
EBITDA43.278.6−45.0%
EBITDA margin5.1%17.5%−12.3 pts
Profit before tax53.378.4−32.0%
Net profit41.059.2−30.7%
EPS₹2.41₹3.49−30.9%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹844 crNet profit₹41.0 crNet margin4.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,373————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
602582339271384
2,771————
2,8872,0461,8091,8381,673
—+13.1%−1.5%+9.9%—
387450279353383
13.4%22.0%15.4%19.2%22.9%
288349234315352
260292290302327
9.0%14.3%16.1%16.4%19.6%
₹15.33₹17.21₹17.10₹17.75₹19.25
—+0.6%−3.7%−7.8%—
—218193167181
—−42.4−41.0−94.3−404
17617615272.7−222
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

VSTIND₹198.55

VST Industries Limited

· FMCG & Retail
₹ CrorePeersELITECONMcap ₹3,373 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,372.6
- Cash, Equiv & ST Investments384.5271.4338.8582.2601.6
Enterprise Value————2,771.0
Revenue1,672.51,837.51,809.42,045.72,887.0
Growth %, YoY—+9.9-1.5+13.1—
EBITDA382.7353.2278.8449.9387.3
Margin %22.8819.2215.4121.9913.41
EBIT352.5315.1234.3348.7288.0
Net Income327.0301.6290.4292.3260.4
Margin %19.5516.4116.0514.299.02
EPS, Adj (current shares)19.2517.7517.1017.2115.33
Growth %, YoY—-7.8-3.7+0.6—
Cash from Operations181.5167.0193.5218.3—
Capital Expenditures-403.9-94.3-41.0-42.4—
Free Cash Flow-222.472.7152.4175.9175.9
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

VST Industries financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

VST Industries (NSE: VSTIND) had a market capitalisation of ₹3,151 crore at the 30 October 2026 close (₹185.50 a share), a PE ratio of 12.1 on the last four quarters' profit and a price-to-book ratio of 2.38. In FY26 its consolidated net profit was ₹292 crore on revenue of ₹2,046 crore; in Q2 FY27 (July–September 2026) it was ₹41 crore, down 30.7% year on year. It had no borrowings on 30 September 2026. Promoters held 32.16% of the shares on 30 September 2026.

VST Industries Q2 FY27 results
filed 28 October 2026
Share price used
₹185.50 · 30 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

VST Industries at a glance · consolidated

Market cap
₹3,151 Crat ₹185.50 · 30 Oct close
PE ratio (last 4 quarters)
12.110.8 on FY26 profit
Price to book (PB)
2.38book value ₹78.07 a share
ROE (FY26)
21.1%−1.4 pts vs FY25ROCE 24.8%
Debt to equity
0.00net cash ₹615 Cr
Promoter holding
32.16%unchanged vs 30 Jun 202630 September 2026
Dividend yield
6.47%₹12 a share in 12 months
Net worth
₹1,326 Cr+4.6% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹176 Cr+15.4% vs FY25

Questions

What is the VST Industries PE ratio today?

VST Industries' PE ratio is 12.1 at the 30 October 2026 close (₹185.50 a share): a market capitalisation of ₹3,151 crore divided by consolidated net profit of ₹260 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹292 crore) it is 10.8.

What is the VST Industries debt to equity ratio?

VST Industries' debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹1,326 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the VST Industries net worth?

VST Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,326 crore on 30 September 2026, up 4.6% from ₹1,268 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,151 crore at the 30 October 2026 close.

What is the VST Industries PB ratio (price to book value)?

VST Industries' price-to-book (PB) ratio is 2.38 at the 30 October 2026 close: a market capitalisation of ₹3,151 crore divided by shareholders' equity (book value) of ₹1,326 crore on 30 September 2026. That is a book value of ₹78.07 per share against a share price of ₹185.50.

What is the VST Industries ROE and ROCE?

In FY26, VST Industries' return on equity (ROE) was 21.1% and its return on capital employed (ROCE) was 24.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 22.6% and ROCE 17.9%.

What is the VST Industries book value per share?

VST Industries' book value per share was ₹78.07 on 30 September 2026: shareholders' equity of ₹1,326 crore divided by the 16.99 crore shares in issue, up 4.6% from ₹74.67 a year earlier. The share price at the 30 October 2026 close was ₹185.50.

What is the VST Industries market cap?

VST Industries' market capitalisation was ₹3,151 crore at the 30 October 2026 close: 16.99 crore shares at ₹185.50 each.

Is VST Industries debt free?

Yes. VST Industries had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹615 crore of cash, bank balances and current investments.

What is the VST Industries EPS?

VST Industries' basic earnings per share (EPS) were ₹17.21 in FY26, against ₹17.10 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹15.33.

What is the VST Industries dividend yield?

VST Industries' dividend yield is 6.47% at the 30 October 2026 close: dividends of ₹12 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹185.50. They were ₹12 on 10 July 2026.

What is the VST Industries dividend in 2026 and its record date?

In 2026, VST Industries has declared one dividend: ₹12 with record date 10 July 2026.

What is the VST Industries promoter holding?

Promoters held 32.16% of VST Industries on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the VST Industries shareholding pattern?

On 30 September 2026, VST Industries' shares were held by promoters 32.16%, foreign portfolio investors (FII/FPI) 1.25%, domestic institutions (DII) 5.91% (including mutual funds at 4.31%) and retail and other non-institutional investors 60.49%. Over the year, FII holding was down 0.13 percentage points from 1.38% and DII holding was down 0.33 percentage points from 6.24%.

What are the VST Industries latest quarterly results?

VST Industries' latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit ₹41 crore, down 30.7% from ₹59.2 crore in Q2 FY26; revenue from operations ₹844 crore, up 87.4% year on year.

What is the VST Industries revenue and profit in FY26?

In FY26 (April 2025–March 2026), VST Industries' consolidated net profit was ₹292 crore, up 0.6% from ₹290 crore in FY25, on revenue from operations of ₹2,046 crore (up 13.1%). Over three years, from FY23, net profit was down 10.6%.

What is the VST Industries free cash flow?

In FY26, VST Industries generated ₹218 crore of cash from operations and spent ₹42.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹176 crore. In FY25 it was ₹152 crore.

When are the VST Industries next results?

VST Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

Where do these VST Industries figures come from?

From VST Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.