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VST Industries VSTIND.NS · INR

Consumer Staples · NSE · 🇮🇳 India

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196.65

+1.32%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹18.09bn

FY2016FY2025

Net income

₹2.90bn

FY2016FY2025

Free cash flow

₹1.52bn

FY2016FY2025

Shareholders' equity

₹13.23bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₹18.09bn₹18.38bn₹16.73bn₹15.61bn₹14.73bn₹13.70bn₹11.84bn₹13.59bn₹22.61bn₹8.83bn
Operating income₹2.34bn₹3.15bn₹3.52bn₹3.82bn₹3.76bn₹3.73bn₹3.12bn₹2.55bn₹2.11bn₹2.06bn
Net income₹2.90bn₹3.02bn₹3.27bn₹3.20bn₹3.11bn₹3.04bn₹2.27bn₹1.82bn₹1.51bn₹1.53bn
Diluted earnings per share17.1017.7519.2518.85201.27202.73151.19121.26101.00102.06

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹18.16bn₹17.20bn₹16.54bn₹15.91bn₹14.86bn₹13.97bn₹12.05bn₹10.64bn₹7.98bn₹8.45bn
Cash and short-term investments₹3.39bn₹2.71bn₹3.84bn₹7.72bn₹8.94bn₹7.77bn₹5.99bn₹4.43bn₹1.84bn₹1.93bn
Total liabilities₹4.93bn₹4.68bn₹4.74bn₹5.16bn₹5.45bn₹6.10bn₹5.41bn₹4.82bn₹2.59bn₹3.27bn
Shareholders' equity₹13.23bn₹12.52bn₹11.80bn₹10.74bn₹9.40bn₹7.87bn₹6.64bn₹5.82bn₹5.39bn₹5.19bn
Shares outstanding170m170m170m170m15m15m15m15m15m15m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₹1.93bn₹1.67bn₹1.81bn₹2.77bn₹2.86bn₹3.31bn₹2.90bn₹4.20bn₹1.46bn₹1.32bn
Capital spending−₹410.3m−₹943.4m−₹4.04bn−₹489.1m−₹463.7m−₹219.2m−₹258.9m−₹454.1m−₹447.2m−₹524.8m
Free cash flow₹1.52bn₹726.8m−₹2.22bn₹2.28bn₹2.40bn₹3.10bn₹2.64bn₹3.75bn₹1.01bn₹796.4m
Dividends paid−₹2.31bn−₹2.31bn−₹2.15bn−₹1.76bn−₹1.59bn−₹1.77bn−₹1.44bn−₹1.39bn−₹1.30bn−₹1.30bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹2.56bn₹4.57bn₹3.73bn₹3.36bn₹2.96bn₹3.49bn₹3.66bn₹3.60bn
Operating income₹385.0m₹1.45bn₹720.3m₹664.6m₹651.8m₹572.0m₹572.5m₹566.7m
Net income₹424.2m₹1.17bn₹602.3m₹592.1m₹561.3m₹530.0m₹1.36bn₹475.6m
Diluted earnings per share2.506.873.553.493.303.128.022.80
Cash from operations———₹694.0m—₹1.93bn—₹618.0m
Capital spending———−₹175.0m—−₹410.0m—−₹237.0m
Free cash flow———₹519.0m—₹1.52bn—₹381.0m
Total assets—₹20.16bn—₹18.86bn—₹18.16bn—₹16.78bn
Cash and short-term investments₹5.82bn₹5.93bn₹2.57bn₹2.57bn₹3.50bn₹3.50bn₹1.17bn₹1.17bn
Shareholders' equity₹14.46bn₹14.46bn₹12.68bn₹12.68bn₹13.23bn₹13.23bn₹11.33bn₹11.33bn

Financial ratios

Data as of 19 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2005
Operating margin23.8%33.1%22.8%27.8%33.1%34.9%——
Net margin20.0%20.8%21.2%25.3%27.2%28.0%——
Return on equity20.2%22.0%24.1%27.7%29.8%33.0%——
Return on assets14.5%16.0%17.5%19.8%20.1%20.9%——
Free cash flow yield7.7%6.6%7.4%16.5%9.2%9.4%——
Revenue growth4.8%-1.6%10.1%9.6%6.0%-10.4%——
Earnings growth0.6%-3.7%-7.8%2.1%3.0%2.2%——
Current ratio3.16x2.74x2.66x1.84x2.31x2.39x——
Debt to equity—0.00x-0.01x0.03x0.02x0.03x0.11x—
Equity ratio71.7%72.8%72.8%71.3%67.5%63.3%——
Interest coverage———4.69x353894.55x5.38x4.03x154.89x
R&D as a share of sales—0.4%0.7%0.6%0.8%0.3%0.6%—
Buybacks as a share of market value0.0%0.0%-0.1%0.0%0.0%-0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.1%5.7%8.0%
Operating income-15.0%-8.9%1.1%
Net income-3.2%-0.9%6.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin15.1%18.7%20.9%19.9%
Net margin16.2%18.0%19.1%16.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings15.118.916.116.01.41.72.52.52.92.1
Price to sales2.43.13.13.30.30.40.50.30.20.4

Dividends and splits

Per share, in the currency the company pays

Paid for 26 years. Last went ex-dividend on 10 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year10.0013.63613.63612.72710.3649.3648.6367.046
  • 11-for-1 split · 6 Sept 2024

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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