VST Tillers Tractors Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VSTTILLERS, BSE:531266 VST Tillers Tractors Ltd.

VST Tillers Tractors Ltd.

19 Jun 2019

5186.00

-0.86%

VST Tillers Tractors

Hold: VST Tillers Tractors Ltd.

Recommendation Target

ICICI Securities Limited

Leader in power tiller segment, subsidy linked business prevails Power tiller is a farm equipment precursor to tractor used for agricultural activities. Given the higher share of small and marginal farmers domestically (~85%), we were of the opinion that power tiller segment will benefit from government thrust on farm mechanisation and be a preferred choice for domestic farmers given its price of ~| 1.25-1.5 lakh/unit vs. > | 2.5 lakh /unit for tractors. The segment, however, is highly dependent on government subsidies and, hence, has an uncertain outlook. VST is the market leader in...

VST Tillers Tractors Ltd. is trading below its 30 day SMA of 5224.0

VST Tillers Tractors Ltd.

07 Mar 2019

5186.00

-0.86%

VST Tillers Tractors

Sell: VST Tillers Tractors Ltd.

Target

ICICI Securities Limited

VST Tillers & Tractors (VST) continued to report dismal numbers amid a fall in sales volume and muted EBITDA margin trajectory Power tiller volume in Q3FY19 was at 4,507 units, down 35.6% YoY while tractor volume was at 2,063 units, down 2.3% YoY Net sales in Q3FY19 came in at | 146.0 crore, down 11.9% YoY EBITDA for the quarter was at | 13.4 crore with consequent operating margins at 9.2%. Margins came in lower tracking higher other expenses amid controlled raw material & employee costs...

VST Tillers Tractors Ltd. has gained 40.41% in the last 6 Months

VST Tillers Tractors Ltd.

15 Nov 2018

5186.00

-0.86%

VST Tillers Tractors

Sell: VST Tillers Tractors Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research VST Tillers & Tractors (VST) reported a dismal Q2FY19 performance. Topline de-growth of 20% YoY was following the de-growth in sales volume. The real dampener was, however, EBITDA margin that came in muted at 1.9% vs. the usual run rate of 13-15% Power tiller volume in Q2FY19 was at 5,396 units, down 24.2% YoY while tractor volume was at 2,087 units, down 18.3% YoY Net sales in Q2FY19 came in at | 144.6 crore, down 20.2% YoY...

VST Tillers Tractors Ltd. has gained 40.41% in the last 6 Months

VST Tillers Tractors Ltd.

17 Aug 2018

5186.00

-0.86%

VST Tillers Tractors

Hold: VST Tillers Tractors Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research VST Tillers & Tractors (VST) reported a muted performance in Q1FY19, primarily tracking ~25% de-growth in sales volume Power tiller sales volume in Q1FY19 came in at 5,367, down 24.6% YoY while tractor sales volume was at 1,927, down 24.6% YoY Net sales in Q1FY19 came in at | 145.6 crore, down 19.6% YoY EBITDA in Q1FY19 was at | 18.5 crore, with corresponding EBITDA margins at 12.7%. Margins came in lower tracking negative operating...

VST Tillers Tractors Ltd. has gained 40.41% in the last 6 Months

VST Tillers Tractors Ltd.

09 Jul 2018

5186.00

-0.86%

Investment note V.S.T Tillers Tractors Limited

Daily Note: VST Tillers Tractors Ltd.

Choice India

Domestic tractor sales volumes to continue growth momentum from previous year, and increase by 18-20% in FY18, on the back of a second consecutive near normal monsoon and favorable farm sentiments. Tractor sales to further improve by 11-13% in FY19 over the high base this fiscal, with assumptions of a normal monsoon and increased government support. The management expect the growth to be in line with the industry. In India today, 62% of the population depend on agriculture and out of that 62% population, 80% are marginal farmer, these are the farmers who own less than...

VST Tillers Tractors Ltd.'s price crossed below 30Day SMA today

VST Tillers Tractors Ltd.

04 Jul 2018

5186.00

-0.86%

VST Tillers Tractors

Hold: VST Tillers Tractors Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research VST Tillers & Tractors (VST) reported muted sales volumes in Q1FY19 on both the power tillers and tractors front. For June 2018, power tiller sales volumes came in at 2948 units (down 28.0% YoY) while tractor sales volumes were at 871 units (down 8.7% YoY) For Q1FY19, power tiller sales volume came in at 5,367 units, down 24.6% YoY while tractor sales were at 1,927 units, down 24.6% YoY The weak performance by the company in the less than 30 hp tractor...

VST Tillers Tractors Ltd. is trading below its 30 day SMA of 5224.0

VST Tillers Tractors Ltd.

12 Feb 2018

5186.00

-0.86%

VST Tillers Tractors

Hold: VST Tillers Tractors Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research VST Tillers & Tractors (VST) reported a robust Q3FY18 performance primarily tracking one time input tax credit of | 3.4 crore and higher other income incorporating mark to mark gains on investment book Power tiller sales volume in Q3FY18 came in at 7,003 units, up 73.3%YoY while tractor sales were at 2,111 units, down 12.4% YoY Net sales in Q3FY18 came in at | 165.7 crore, up 14.6% YoY EBITDA in Q3FY18 was at | 29.0 crore, with corresponding EBITDA...

VST Tillers Tractors Ltd. has gained 40.41% in the last 6 Months

VST Tillers Tractors Ltd.

14 Nov 2017

5186.00

-0.86%

VST Tillers Tractors

Hold: VST Tillers Tractors Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research VST Tillers & Tractors (VST) reported a muted Q2FY18 performance primarily tracking lower sales realisations and higher overhead costs Power tiller sales volume in Q2FY18 came in at 5,888 units, down 8.1% YoY while tractor sales were at 3,129 units, up 24.8% YoY Net sales in Q2FY18 came in at | 175.5 crore, up 0.5% YoY EBITDA in Q2FY18 was at | 24.4 crore, with corresponding EBITDA margins at 13.9%. PAT during the quarter was at | 18.7 crore...

VST Tillers Tractors Ltd.'s price crossed below 30Day SMA today

VST Tillers Tractors Ltd.

22 Aug 2017, 12:00AM

5186.00

-0.86%

V.S.T Tillers Tractors Ltd: Robust Operations Strategy in Pl... (Aug 22, 2017)

Hold: VST Tillers Tractors Ltd.

Recommendation Target

Karvy

Robust Operations Strategy in Place; New Product Launchesto Amplify the Growth Momentum: Revenue from operations for VST Tillers Tractors Ltd for Q1FY18 stood at Rs. 1,812 Mn, marking a growth of 1.7% YoY. EBITDA margin saw some pruning during Q1FY18 and was recorded at 13.5%, marking a decline of 70bps from FY17 level of 14.2%.

VST Tillers Tractors Ltd.'s price crossed below 30Day SMA today

VST Tillers Tractors Ltd.

16 Aug 2017

5186.00

-0.86%

VST Tillers Tractors

Hold: VST Tillers Tractors Ltd.

Target

ICICI Securities Limited

VST Tillers & Tractors (VST) reported a mixed Q1FY18 performance driven mainly by higher other income (~| 14.8 crore) and robust tractor performance while power tillers failed to deliver growth Net sales in Q1FY18 came in at | 181.2 crore, up 4.8% YoY In Q1FY18, power tiller sales volume were at 7119 units (down 2.5% YoY) while tractor sales volume was at 2555 units (up 18.4% YoY) EBITDA in Q1FY18 was at | 24.5 crore, with corresponding EBITDA margins at 13.5%. PAT during the quarter was at | 28.2 crore...

VST Tillers Tractors Ltd. is trading above its 200 day SMA of 4272.1

Is VST Tillers Tractors Ltd. worth buying?

77 Votes:

Buy 81.82%

Sell 10.39%

Hold 7.79%

RESEARCH REPORTS

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Sell SEE REPORTS >

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