Summary:
The shares of VST Industries Ltd surged sharply on Friday, April 17, after the company declared its March quarter earnings. The stock rallied up to 18.73% to close at ₹286.78 in NSE. It was quoting at 13.34% higher at ₹273.75 per share at 9:29 am.
The recent performance of the stock has been impressive, with the stock advancing by 19.68% in one week and 26.57% in one month. The year-to-date return for the stock is 7.10%. Its highest level in the past year was ₹334.65, which it recorded on April 25, 2025, while the lowest level in the same period was ₹200 on March 30, 2026.
Q4 Profit Jumps 120.17% to ₹116.69 Crore
The firm has posted impressive results in terms of finance during the quarter ending March 2026. The net profit witnessed an upward trend of 120.17% and touched ₹116.69 crore as against ₹53 crore in the previous year’s corresponding quarter.
The revenue earned from operations also registered robust growth with an increase of 51.85% to reach ₹689.4 crore against ₹453.98 crore.
EBITDA Nearly Triples, Margins Expand Sharply
There was a marked enhancement in the operating performance of the firm in the quarter under review. The EBITDA grew by 197.14% to ₹208 crore as against ₹70 crore last year.
The EBITDA margin grew sharply to 30.3% from 15.3% recorded last year.
Dividend Announcement
The company’s board has recommended a final dividend of ₹12 per equity share of ₹10 each. According to the company, the dividend will be paid within 30 days of shareholder approval at the upcoming 95th Annual General Meeting.
Management Commentary
Commenting on the financial performance, Piyush Srivastava, managing director, said, "In 2025, we achieved robust volume recovery supported by our enhanced brand portfolio and disciplined in-market execution. While geopolitical instability in the Middle East continues to weigh on our unmanufactured tobacco business, our productivity initiatives have delivered strong double-digit profit growth.
"Given the extraordinary tax increases, a challenging year awaits us. We will remain focused on strengthening our brand portfolio and in-market execution. We remain steadfast in our commitment to creating superior value for consumers and stakeholders," he added.
Looking ahead, he cautioned that extraordinary tax increases could make the upcoming year challenging. However, the company remains focused on strengthening its brand portfolio, improving execution, and delivering superior value to consumers and stakeholders.
