VST Industries shareholders and shareholding pattern
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
Who owns VST Industries, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters32.16%
- Foreign institutions1.25%
- Indian institutions5.91%
- Individuals and others60.49%
- Employee trusts0.19%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
- Employee trusts
| Per cent | Dec 2016Filed 16 Jan | Mar 2017Filed 21 Apr | Jun 2017Filed 14 Jul | Sep 2017Filed 11 Oct | Dec 2017Filed 12 Jan | Mar 2018Filed 16 Apr | Jun 2018Filed 19 Jul | Sep 2018Filed 16 Oct | Dec 2018Filed 11 Jan | Mar 2019Filed 12 Apr | Jun 2019Filed 11 Jul | Sep 2019Filed 18 Oct | Dec 2019Filed 10 Jan | Mar 2020Filed 13 Apr | Jun 2020Filed 7 Aug | Sep 2020Filed 15 Oct | Dec 2020Filed 11 Jan | Mar 2021Filed 8 Apr | Jun 2021Filed 14 Jul | Sep 2021Filed 11 Oct | Dec 2021Filed 10 Jan | Mar 2022Filed 7 Apr | Jun 2022Filed 11 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 12 Jan | Mar 2023Filed 12 Apr | Jun 2023Filed 5 Jul | Sep 2023Filed 5 Oct | Dec 2023Filed 5 Jan | Mar 2024Filed 19 Apr | Jun 2024Filed 4 Jul | Sep 2024Filed 4 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 11 Apr | Jun 2025Filed 14 Jul | Sep 2025Filed 10 Oct | Dec 2025Filed 10 Jan | Mar 2026Filed 8 Apr | Jun 2026Filed 9 Jul | Sep 2026Filed 7 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | |
| Foreign promoters | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% | 32.16% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.84% | 67.64% | 67.64% | 67.64% | 67.47% | 67.47% | 67.47% | 67.47% | 67.47% | 67.47% | 67.47% | 67.47% | 67.47% | 67.65% | 67.65% | 67.65% | 67.65% | 67.65% | 67.65% | 67.65% | 67.65% | 67.65% |
| Employee trusts | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.20% | 0.20% | 0.20% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.37% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
| Shares in issue | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 1,54,41,920 | 16,98,61,120what Shares in issue, Sep 2024, includes. Bonus issue on 6 Sep 2024: 10 new shares for every 1 held. Earlier filings count the shares before it. | 16,98,61,120 | 16,98,61,120 | 16,98,61,120 | 16,98,61,120 | 16,98,61,120 | 16,98,61,120 | 16,98,61,120 | 16,98,61,120 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
VST Industries promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is The Raleigh Investment Company Limited, 23.45%.Promoter buying and selling
| Holder | ||
|---|---|---|
| The Raleigh Investment Company LimitedForeign companies and others | 23.45% | 3,98,24,620 |
| Tobacco Manufacturers (India) LimitedForeign companies and others | 8.28% | 1,40,68,362 |
| Rothmans International Enterprises LimitedForeign companies and others | 0.43% | 7,31,940 |
No promoter shares are reported as pledged.
Largest public holders of VST Industries, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 16 Jan | Mar 2017Filed 21 Apr | Jun 2017Filed 14 Jul | Sep 2017Filed 11 Oct | Dec 2017Filed 12 Jan | Mar 2018Filed 16 Apr | Jun 2018Filed 19 Jul | Sep 2018Filed 16 Oct | Dec 2018Filed 11 Jan | Mar 2019Filed 12 Apr | Jun 2019Filed 11 Jul | Sep 2019Filed 18 Oct | Dec 2019Filed 10 Jan | Mar 2020Filed 13 Apr | Jun 2020Filed 7 Aug | Sep 2020Filed 15 Oct | Dec 2020Filed 11 Jan | Mar 2021Filed 8 Apr | Jun 2021Filed 14 Jul | Sep 2021Filed 11 Oct | Dec 2021Filed 10 Jan | Mar 2022Filed 7 Apr | Jun 2022Filed 11 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 12 Jan | Mar 2023Filed 12 Apr | Jun 2023Filed 5 Jul | Sep 2023Filed 5 Oct | Dec 2023Filed 5 Jan | Mar 2024Filed 19 Apr | Jun 2024Filed 4 Jul | Sep 2024Filed 4 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 11 Apr | Jun 2025Filed 14 Jul | Sep 2025Filed 10 Oct | Dec 2025Filed 10 Jan | Mar 2026Filed 8 Apr | Jun 2026Filed 9 Jul | Sep 2026Filed 7 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bright Star Investments Pvt. Ltd.Companies | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | – | 25.95% | 25.95% | 25.95% |
| Radhakishan Shivkishan DamaniResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | 3.26% | 4.97% | – | 4.97% | 5.08% | – | – | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% | – | – | – | – | – | 1.95% | – | 3.15% | 3.15% | 3.15% | 3.15% | 3.15% | 3.15% | 3.15% | 3.15% | 3.15% |
| The New India Assurance Co. Ltd.Insurance companies | 1.71% | 1.71% | – | 1.53% | 1.53% | – | – | 1.53% | 1.53% | 1.53% | 1.53% | – | 1.53% | 1.53% | 1.53% | 1.53% | 1.53% | – | 1.53% | 1.53% | – | – | 1.53% | – | – | – | – | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% | – | 1.51% | 1.51% | 1.51% |
| BRIGHT STAR INVESTMENTSCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 25.95% | – | – | – |
| THE NEW INDIA ASSURANCE COMPANY LIMITEDInsurance companies | – | – | 1.56% | – | – | 1.53% | 1.53% | – | – | – | – | 1.53% | – | – | – | – | – | 1.53% | – | – | 1.53% | 1.53% | – | 1.53% | 1.51% | 1.51% | – | – | – | – | – | – | – | – | – | – | 1.51% | – | – | – |
| VST Industries Limited-Unclaimed Shares Demat Suspense AccountResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.58% | – | – | – | – | – | – | – | – |
| Derive Trading and Resorts Pvt. Ltd.Companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4.21% | 4.21% | 4.68% | 4.68% | 4.76% | 4.76% | 4.76% | 4.76% | 4.76% | 4.76% | 4.76% | 4.76% | 4.76% | 5.24% | – | – | – | – | – | – | – | – | – |
| Radhakishan S DamaniResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4.97% | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | 3.47% | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert | In concert |
| The New India Auurance Co. Ltd.Insurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.51% | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Matthews India FundInstitutions Foreign Portfolio Investor | 7.68% | 7.68% | 7.68% | 7.68% | 7.56% | 7.56% | 7.56% | 7.56% | 7.56% | 7.56% | 7.56% | 6.55% | 5.32% | 3.95% | 3.21% | 2.51% | 2.25% | 1.87% | 1.56% | 1.41% | 1.09% | 1.01% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ICICI Lombard General Insurance Co. Ltd.Other non-institutions | 2.14% | 2.14% | 2.14% | 2.14% | 2.11% | 1.96% | 1.49% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent. “In concert” is a filing that named the holder only among the persons acting in concert; the latest filing's list is below.
Persons acting in concert
From the filing for Sep 2026.
| NamePersons acting in concert. Shareholders who have agreed to act together in the company, such as members of a family or a fund house and its schemes, listed together in the filing with what each holds. | Holding | Shares |
|---|---|---|
| Radhakishan S Damani | 30.94% | 5,25,80,555 |
Shareholders who act together in the company, with what each holds. The list can repeat holders shown above, under another name or as one of a fund house's schemes.