VST Industries Announces Financial Results for March 31, 2026

VST Industries Announces Financial Results for March 31, 2026​

VST Industries Limited has announced its financial results for the quarter and year ended March 31, 2026. The company, a key player in the manufacture and distribution of cigarettes and tobacco leaf, reported significant year-on-year growth in several key metrics.

The company’s performance highlights include a substantial uplift in profitability, with EBITDA increasing by 61.4% year-over-year to Rs. 450 crores. The results indicate strong fundamentals and market-driven initiatives contributing to a rebound in volume.

Financial Performance Overview​

The financial results for the fiscal year ended March 31, 2026, show robust growth across key operational metrics. The comparative figures are detailed below:


***

Operational Highlights and Commentary​

Piyush Srivastava, Managing Director, commented on the company's performance, stating that the group achieved robust volume recovery in 2025, supported by an enhanced brand portfolio and disciplined in-market execution.

Srivastava noted that while geopolitical instability in the Middle East continues to affect the unmanufactured tobacco business, productivity initiatives have delivered strong double-digit profit growth. He acknowledged the challenging nature of the year ahead due to extraordinary tax increases, stating the company remains focused on strengthening its brand portfolio and in-market execution to create superior value for consumers and stakeholders.

Note: The company highlighted that due to amendments in indirect taxes, specifically the reduction of Compensation Cess to 'Nil' and simultaneous increases in GST and Excise Duty on cigarettes effective from February 1, 2026, the figures for 'Gross Sales' and 'Excise duty' for the quarter and year ended March 31, 2026, are not directly comparable.

About VST Industries Limited​

VST Industries Limited was incorporated in 1930, originally under the name The Vazir Sultan Tobacco Company Limited. The company is a major manufacturer and distributor of cigarettes and tobacco leaf. Its products have an extensive reach across 10 lakh retail outlets in India, achieving over 80% market penetration. Two of its key brands, Total and Editions, are recognized among the Top 10 cigarette brands nationally. VST Industries currently indents over 20,001 tonnes of tobacco and engages with more than 15,000 farmers. The company maintains a strong commitment to sustainability through various initiatives.

VSTIND Stock Price Movement​

Today, VST Industries Limited shares edged higher, settling at ₹241.53 after gaining 1.54% for the session. Trading saw a total volume of 392,363 shares, signaling strong interest from investors throughout the day.

Source:​