VST Industries share price
NSE: VSTINDBSE: 509966Cigarettes & Tobacco ProductsSmall Cap
Last close ₹197.15down ₹1.87 (0.94%)BSE ₹197.00
Share price at the NSE close on 23 Oct 2026. Previous close ₹199.02.
52-week range of traded prices to 23 Oct 2026
₹194.42Low, 23 Oct 2026₹286.78High, 17 Apr 2026
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- 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.
- ₹3,349 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. The filing of 28 Jul 2026
- 12.0
- 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. The filing of 16 Apr 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 6.09%
- 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 Mar 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.
- 1,94,56351.7% delivered
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 28 Jul
- 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.
- ₹862 Crup 24.99%
- 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.
- ₹42 Crdown 63.65%
- 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.
- 4.9%
Revenue by year
Peak revenue ₹2,046 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 25 Oct | Dec 2024Filed 7 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 22 Jul | Sep 2025Filed 28 Nov | Dec 2025Filed 29 Jan | Mar 2026Filed 16 Apr | Jun 2026Filed 28 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 461what Revenue, Sep 2024, includes. This period's revenue includes excise duty of ₹101 crore, a tax on the goods the company makes that it collects and pays to the government. | 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. |
| Net profit | 48 | 136 | 53 | 56 | 59 | 60 | 117 | 42 |
| 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. | 10.3% | 29.0% | 11.7% | 13.6% | 13.1% | 12.2% | 16.9% | 4.9% |
Standalone. The last eight quarters. 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.PE ratio and valuation history
Price to earningsPrice 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.
At or below today's level on 0.0% of 2,480 trading days over the last 10 years.
LowestHighest
Its median20.3Industry median17.6
Price to bookPrice 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.
At or below today's level on 0.1% of 1,976 trading days since Nov 2018.
LowestHighest
Its median5.1Industry median1.7
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.7.8
At or below today's level on 0.1% of 1,854 trading days since May 2019.
LowestHighest
Its median13.6Industry median14.0
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 2,409 trading days over the last 10 years.
LowestHighest
Its median3.38%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 funds holding it
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.
Peers and competitors
Fast Moving Consumer Goods, 414 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to VST Industries in market cap.
VST Industries is not on the chart: it has no return on equity today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Shree Renuka SugarsRENUKA | 3,980 | – | – | 380.4 | −5.1% | – | – | −5.8% | 0.00% |
 Kaveri Seed CompanyKSCL | 3,755 | 15.0 | 2.1 | 12.7 | +1.5% | −21.3% | 15.3% | 13.3% | 0.68% |
 TruAlt BioenergyTRUALT | 3,488 | 23.5 | 2.3 | 13.2 | – | – | 9.8% | 9.0% | 0.00% |
 Dalmia Bharat Sugar and IndustriesDALMIASUG | 3,457 | – | 1.1 | – | −5.3% | – | – | – | 1.41% |
 Heritage FoodsHERITGFOOD | 3,241 | 28.2 | 2.9 | 14.0 | +13.9% | −33.6% | 10.5% | 10.4% | 0.72% |
 Parag Milk FoodsPARAGMILK | 3,037 | 23.5 | 2.4 | 13.3 | +10.9% | +8.8% | 11.4% | 10.8% | 0.45% |
 Gopal SnacksGOPAL | 3,029 | 36.1 | 6.3 | 27.1 | +12.0% | – | 19.0% | 12.1% | 0.41% |
 Navneet EducationNAVNETEDUL | 2,673 | 9.4 | 1.2 | 10.2 | −3.2% | +29.5% | 13.7% | 8.1% | 2.48% |
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.Dividend history and dates
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.Highest ₹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. | ₹12.00 |
| 3 Jul 2025 | 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. | ₹10.00 |
| 14 Jun 2024 | 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. | ₹150.00 |
| 4 Aug 2023 | 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. | ₹150.00 |
| 13 Jul 2022 | 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. | ₹140.00 |
| 16 Jul 2021 | 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. | ₹114.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Jul 2026
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 last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 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% |
| 13 Oct 2026 | 201.50 | 202.44 | 200.00 | 201.51 | 200.89 | 87,194 | 55.8% |
| 12 Oct 2026 | 202.89 | 204.00 | 200.00 | 201.50 | 201.39 | 72,242 | 55.9% |
| 9 Oct 2026 | 200.55 | 202.56 | 200.00 | 201.58 | 200.79 | 89,035 | 52.7% |
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
- Legal name
- VST Industries Limited
- NSE symbol
- VSTIND
- BSE code
- 509966
- ISIN
- INE710A01016
- Industry
- Cigarettes & Tobacco Products
- Listed
- Aug 1974 on BSE, Sep 2003 on NSE
- Face value
- ₹10
- CIN
- L29150TG1930PLC000576
- Corporate identity number, the registrar of companies' code for it