NSE: VSTIND | BSE: 509966

Slowing Down Stock

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285.10 4.20 (1.50%)

41.36% Fall from 52W High

180.8K NSE+BSE Volume

NSE 09 Jun, 2025 12:20 PM (IST)

4,842.7

Market Cap

Below industry Median

0.9

Beta 1Year

Low volatility

VST Industries Ltd. share price target and research reports

Name: Latest research reports of VST Industries Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: VST Industries Ltd.
Rating: 3
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for VSTIND, BSE:509966 VST Industries Ltd.

VST Industries Ltd.

19 Apr 2017

285.10

1.50%

VST Industries

Hold: VST Industries Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Gross revenues for the quarter grew 4.0% YoY against our estimate of 8.4% to | 574.2 crore. Cigarette sales increased 16.0% YoY to | 524 crore led by realisation improvement; cigarette volume for the quarter declined 0.5% YoY. Excise duty increased 22.8% YoY due to two months of additional excise duty levy of 6% post Budget and change in sales mix in favour of above 64 mm sticks. Unmanufactured tobacco sales fell 50% YoY to | 50 crore. Thus, net sales fell 15.7% YoY to | 227.0 crore (I-direct estimate: | 261.2 crore)...

Number of FII/FPI investors decreased from 97 to 87 in Mar 2025 qtr

VST Industries Ltd.

23 Jan 2017

285.10

1.50%

VST Industries

Hold: VST Industries Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research VST Industries reported a strong set of results with net sales increase of 8.1% YoY to | 233.9 crore (I-direct estimate: | 213.2 crore). Cigarette segment gross sales were ~| 500 crore whereas tobacco sales in the quarter were at ~| 65 crore. Cigarette volumes for the quarter as well as for the nine months were flat The 64 mm cigarette contribution during the quarter was 57%, whereas the rest was contributed by 69 mm category. EBITDA...

VST Industries Ltd. has lost -25.64% in the last 1 Year

VST Industries Ltd.

03 Nov 2016

285.10

1.50%

VST Industries

Hold: VST Industries Ltd.

Recommendation

ICICI Securities Limited

Net sales came in at | 229.8 crore, up 13% YoY (I-direct estimate: | 246.7 crore). Volumes have declined by ~2% YoY during the quarter and have remained flat in H1FY17. However, realisation growth has been to the tune of ~13-14% in Q2FY17. Raw tobacco sales has increased marginally to | 55 crore during the quarter. Volume contribution from 64 mm category has been ~55% while company has launched king size cigarette Addition at a | 10 / stick price point in Hyderabad city and the company has also launched...

VST Industries Ltd. has lost -25.64% in the last 1 Year

VST Industries Ltd.

11 Aug 2016

285.10

1.50%

VST Industries

Buy: VST Industries Ltd.

Target

ICICI Securities Limited

VST Industries recorded strong 33.3% growth in topline led by ~70% jump in raw tobacco sales & ~16% growth in cigarette sales. Excise outgo this quarter increased ~13% to | 320 crore mainly due to 10% increase in excise duty in 2016 Budget • Cigarettes volume growth witnessed uptick to 4% mainly on the back significant volume decline in base quarter & moderate excise hike of 10% in 2016 Budget. Volume contribution from 64 mm category was 60% during the quarter. We changed our volume estimate from 2% to 4% in FY17E & from 1% to 2% in FY18E on account of low base effect created by significant decline in cigarettes volumes by 7% in FY15 & 3% in FY16. ICICI Securities Limited value the stock at 18x FY18E EPS of | 135.4 & arrive at a target price of | 2437/share with a BUY recommendation on the stock.

VST Industries Ltd. has lost -25.64% in the last 1 Year

VST Industries Ltd.

01 Mar 2016

285.10

1.50%

VST Industries

Buy: VST Industries Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research In Union Budget 2016-17, the excise duty has been increased by 10% across categories vs. our expectation of 7%. Considering that excise duty...

VST Industries Ltd. is trading below all available SMAs

VST Industries Ltd.

22 Jan 2016

285.10

1.50%

VST Industries

Buy: VST Industries Ltd.

ICICI Securities Limited

VST Industries Ltd. is trading below all available SMAs

Is VST Industries Ltd. worth buying?

582 Votes:

Buy 75.95%

Sell 9.97%

Hold 14.09%