VST Tillers Tractors Ltd
VST Tillers Tractors Eyes US Market Entry by 2027 🌍🚜
- Revenue for FY'25 was ₹994 crores; 9MFY'26 revenue reached ₹912 crores.
- 9MFY'26 Operational EBITDA margin stood at 12.70% (13.20% excluding labor code impact of ₹1.66 crore).
- 9MFY'26 PAT margin was 10.40% (13.1% excluding ₹10.5 crore provision for Monarch investment).
- Expanding into the US market by 2027, with further growth planned in Europe and South America.
- Scaling up high-horsepower (HHP) tractors to meet global demand.
- Manufactures tractors, power tillers, diesel engines, and precision components in the 2-50 HP range.
- Operates three manufacturing units in India with an extensive distribution network of 1000+ dealers.
- International presence in 40+ countries; FieldTrac brand tractors sold in Europe since 2018.
- Focusing on technology evolution, including ICE and electric product development, and China +1 opportunities in precision components.