VST Industries share price
NSE: VSTINDBSE: 509966Cigarettes & Tobacco ProductsSmall Cap
VST Industries Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 1974 on BSE, Sep 2003 on NSE
Last close ₹192.45down ₹1.94 (1.00%)BSE ₹192.40
Share price at the NSE close on 28 Oct 2026. Previous close ₹194.39.
28 Oct: open ₹195.00, high ₹195.19, low ₹190.95
52-week range of traded prices to 28 Oct 2026
₹190.95Low, 28 Oct 2026₹286.78High, 17 Apr 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹3,269 Cr847th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 12.55
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.47
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 6.24%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Assets held for saleon the latest balance sheet
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- Assets held for saleon the latest balance sheet
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- Assets held for saleon the latest balance sheet
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,50,02454.3% delivered
Results
Standalone; ₹ crore.VST Industries quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +61.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −14.5%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹844 Crdown 2.05%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹41 Crdown 3.25%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 4.9%
Revenue by quarter
Peak revenue ₹862 Cr, quarter to Jun 2026; lowest ₹414 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 471what Revenue, Dec 2024, includes. This period's revenue includes excise duty of ₹103 crore, a tax on the goods the company makes that it collects and pays to the government. | 454what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹105 crore, a tax on the goods the company makes that it collects and pays to the government. | 414what Revenue, Jun 2025, includes. This period's revenue includes excise duty of ₹116 crore, a tax on the goods the company makes that it collects and pays to the government. | 450what Revenue, Sep 2025, includes. This period's revenue includes excise duty of ₹114 crore, a tax on the goods the company makes that it collects and pays to the government. | 492what Revenue, Dec 2025, includes. This period's revenue includes excise duty of ₹118 crore, a tax on the goods the company makes that it collects and pays to the government. | 689what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹232 crore, a tax on the goods the company makes that it collects and pays to the government. | 862what Revenue, Jun 2026, includes. This period's revenue includes excise duty of ₹605 crore, a tax on the goods the company makes that it collects and pays to the government. | 844what Revenue, Sep 2026, includes. This period's revenue includes excise duty of ₹603 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 136 | 53 | 56 | 59 | 60 | 117 | 42 | 41 |
| Net margin | 29.0% | 11.7% | 13.6% | 13.1% | 12.2% | 16.9% | 4.9% | 4.9% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,046 Crup 13.06%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹292 Crup 0.64%
- Net margin
- 14.3%
Revenue by year
Peak revenue ₹2,046 Cr, year to Mar 2026; lowest ₹948 Cr, year to Mar 2017
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 948 | 1,359what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹411 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,184what Revenue, Mar 2019, includes. This period's revenue includes excise duty of ₹85 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,370what Revenue, Mar 2020, includes. This period's revenue includes excise duty of ₹131 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,473what Revenue, Mar 2021, includes. This period's revenue includes excise duty of ₹362 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,561what Revenue, Mar 2022, includes. This period's revenue includes excise duty of ₹383 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,673what Revenue, Mar 2023, includes. This period's revenue includes excise duty of ₹380 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,838what Revenue, Mar 2024, includes. This period's revenue includes excise duty of ₹417 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,809what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹412 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,046what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹581 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 167 | 182 | 227 | 304 | 311 | 320 | 327 | 302 | 290 | 292 |
| Net margin | 17.6% | 13.4% | 19.2% | 22.2% | 21.1% | 20.5% | 19.6% | 16.4% | 16.0% | 14.3% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Tobbcco and tobacco products, which carries all its revenue.
Valuation
Today, against the company's own history.VST Industries PE ratio and valuation
Price to earnings
At or below today's level on 1% of 2,478 trading days over the last 10 years.
LowestHighest
Its median20.23Industry median17.35
Price to book
At or below today's level on 2% of 1,979 trading days since Nov 2018.
LowestHighest
Its median5.09Industry median1.71
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 100% of 2,407 trading days over the last 10 years.
LowestHighest
Its median3.39%Industry median0.75%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −18.0% | +0.6% | −24.5% | 6.0% |
| 3 years | −6.6% | −3.7% | −7.8% | 4.7% |
| 5 years | −3.6% | −1.2% | −7.1% | 4.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.
Mutual fund holdings
5 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 1 fund that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.
- AddedAdded. Funds that held more shares than at the end of the month before.
- 1
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 4
| Fund | |||
|---|---|---|---|
 Parag Parikh ELSS Tax Saver FundPPFAS Mutual Fund | 23,09,159 | 0.87% | ₹46.9 Cr |
 SBI Conservative Hybrid FundSBI Mutual Fund | 22,30,896 | 0.45% | ₹45.3 Cr |
 HDFC Childrens FundHDFC Mutual Fund | 18,90,942 | 0.37% | ₹38.4 Cr |
| Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund | 8,97,508 | 0.72% | ₹18.2 Cr |
 Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 175 | 0.01% | ₹36,000 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
VST Industries competitors and peers
Fast Moving Consumer Goods, 416 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to VST Industries in market cap.FMCG companies
VST Industries is not on the chart: it has no return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Shree Renuka SugarsRENUKA | 3,902 | – | – | −5.1% | – | – | −5.8% | 0.00% |
 Kaveri Seed CompanyKSCL | 3,603 | 14.06 | 1.78 | −2.8% | −15.3% | 13.4% | 11.9% | 0.71% |
 Heritage FoodsHERITGFOOD | 3,307 | 28.79 | 2.91 | +13.9% | −33.6% | 10.5% | 10.4% | 0.70% |
 Dalmia Bharat Sugar and IndustriesDALMIASUG | 3,290 | – | 1.01 | −5.3% | – | – | – | 1.48% |
 TruAlt BioenergyTRUALT | 3,222 | 14.58 | 1.99 | – | – | 14.6% | 11.8% | 0.00% |
 Gopal SnacksGOPAL | 3,056 | 36.39 | 6.38 | +12.0% | – | 19.0% | 12.1% | 0.41% |
 Parag Milk FoodsPARAGMILK | 3,005 | 23.20 | 2.39 | +10.9% | +8.8% | 11.4% | 10.8% | 0.46% |
 Navneet EducationNAVNETEDUL | 2,795 | 9.84 | 1.28 | −3.2% | +29.5% | 13.7% | 8.1% | 2.37% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.VST Industries dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹13.64 a share, years to Mar 2023 and Mar 2024.
| Ex-date | Type | Per share |
|---|---|---|
| 10 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹12.00 |
| 3 Jul 2025 | Final | ₹10.00 |
| 14 Jun 2024 | Final | ₹150.00 |
| 4 Aug 2023 | Final | ₹150.00 |
| 13 Jul 2022 | Final | ₹140.00 |
| 16 Jul 2021 | Final | ₹114.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.VST Industries announcements
Oct 2026
28 Oct · Results
19 Oct · Board meeting
Jul 2026
29 Jul · Meeting
VST Industries share price by year
Each calendar year to 2025.VST Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 257.55 | −23.4% | 340.85 | 245.25 |
| 2024 | 336.20 | +8.6% | 481.25 | 307.59 |
| 2023 | 309.70 | +3.0% | 348.27 | 267.35 |
| 2022 | 300.69 | +4.3% | 344.95 | 255.63 |
| 2021 | 288.17 | −14.4% | 345.85 | 277.03 |
| 2020 | 336.76 | −12.1% | 425.20 | 235.64 |
| 2019 | 383.13 | +28.8% | 414.59 | 279.27 |
| 2018 | 297.53 | +2.1% | 309.01 | 226.69 |
| 2017 | 291.55 | +33.3% | 338.55 | 218.22 |
| 2016 | 218.65 | +41.6% | 223.87 | 137.53 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 195.40 | 195.68 | 193.79 | 194.39 | 194.47 | 1,72,163 | 53.6% |
| 26 Oct 2026 | 197.00 | 199.00 | 194.51 | 195.40 | 196.00 | 1,38,578 | 50.3% |
| 23 Oct 2026 | 198.25 | 199.00 | 194.42 | 197.15 | 195.74 | 1,94,563 | 51.7% |
| 22 Oct 2026 | 200.98 | 201.00 | 198.00 | 199.02 | 199.43 | 1,61,116 | 60.7% |
| 21 Oct 2026 | 202.14 | 202.17 | 200.00 | 200.28 | 200.22 | 1,19,859 | 73.6% |
| 19 Oct 2026 | 203.00 | 203.01 | 200.20 | 200.78 | 201.04 | 62,658 | 61.6% |
| 16 Oct 2026 | 202.05 | 202.93 | 200.90 | 201.86 | 201.57 | 54,554 | 58.2% |
| 15 Oct 2026 | 200.60 | 204.00 | 200.60 | 201.87 | 202.54 | 73,450 | 55.8% |
| 14 Oct 2026 | 202.97 | 202.97 | 200.49 | 201.74 | 201.71 | 1,07,341 | 32.3% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 6 Sep 2024 | Bonus | 0.0909 | Holders received 10 bonus shares for every 1 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- VSTIND
- BSE code
- 509966
- ISIN
- INE710A01016
- Industry
- Cigarettes & Tobacco Products
- Website
- www.vsthyd.com
- CIN
- L29150TG1930PLC000576
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1930
- Registered office
- 1-7-1063/1065, Azamabad, Hyderabad 500020, Telangana
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments