Why is VST Tillers Tractors Ltd ?
1
Flat results in Jun 26
- PAT(Latest six months) At Rs 53.52 cr has Grown at -22.03%
- NON-OPERATING INCOME(Q) is 45.14 % of Profit Before Tax (PBT)
2
With ROE of 9.6, it has a Expensive valuation with a 3.3 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -19.64%, its profits have fallen by -5.1%
3
Below par performance in long term as well as near term
- Along with generating -19.64% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is VST Till. Tract. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
VST Till. Tract.
-19.44%
-0.66
29.68%
Sensex
-4.67%
-0.36
13.39%
Quality key factors
Factor
Value
Sales Growth (5y)
18.03%
EBIT Growth (5y)
34.86%
EBIT to Interest (avg)
56.94
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.61
Sales to Capital Employed (avg)
1.03
Tax Ratio
26.15%
Dividend Payout Ratio
18.59%
Pledged Shares
0
Institutional Holding
21.17%
ROCE (avg)
22.68%
ROE (avg)
10.65%
Valuation Key Factors 
Factor
Value
P/E Ratio
33
Industry P/E
24
Price to Book Value
3.33
EV to EBIT
20.64
EV to EBITDA
17.64
EV to Capital Employed
6.89
EV to Sales
2.34
PEG Ratio
NA
Dividend Yield
0.48%
ROCE (Latest)
32.53%
ROE (Latest)
9.57%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
9What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 7.22 times
PAT(Q)
Highest at Rs 48.43 cr.
EPS(Q)
Highest at Rs 55.99
-4What is not working for the Company
PAT(Latest six months)
At Rs 53.52 cr has Grown at -22.03%
NON-OPERATING INCOME(Q)
is 45.14 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for VST Till. Tract.
Profit After Tax (PAT) - Quarterly
At Rs 48.43 cr has Grown at 85.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 26.18 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 48.43 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 55.99
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Highest at 7.22 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for VST Till. Tract.
Non Operating Income - Quarterly
is 45.14 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 28.07 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






