Small Cap Company In Commercial Vehicles Can Give New 52 Weeks High in Coming days .
VST started in the year 1911
VST Tillers Tractors Ltd. is part of VST Group that was founded by Late Sri. V. S. Thiruvengadaswamy Mudaliar in the year 1911.
VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well-known century old business house in South India.
Tractor Manufacturing Unit at Hosur
Tiller Manufacturing Unit at Malur
Component Manufacturing Unit at Mysore
Administrative Block at Hosur
Production line at Malur
VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well known century old business house in South India.
The founder of the group was Sri.V.S.Thiruvengadaswamy Mudaliar who started with humble beginnings under the VST & Sons banner in the year 1911. The group built its reputation through retailing of petroleum products and distribution of Automobiles in Karnataka and Tamil Nadu.
VST Tillers Tractors Ltd. was promoted by VST Motors as a joint venture with Mitsubishi Heavy Industries Ltd, Japan. The company is now the largest manufacturer of Power Tillers in India.
Today, the VST family holds 51% of the equity in the listed company that has recorded consistent growth and has given excellent returns to its shareholders.
VST SHAKTI is India’s No 1 brand in Power Tiller (walking Tractor) in India introduced over five decades ago. A pioneer in compact four – wheel drive tractors initially introduced as “VST Mitsubishi”, has now expanded its presence under the brand “VST SHAKTI” with range of compact and agricultural Tractors.
Tractors are also being marketed under “FIELDTRAC” brand in various markets of European Union meeting the latest EU standards. It has state of the art plant at Malur and Hosur near Bangalore in India & at Mysore for precision components. The products are backed with contemporary testing and R&D facility meeting stringent Global standards.
With eye on global opportunity, the company has expanded its presence in more than 20 countries over a decade and established itself as a most preferred brand for the compact tractors
Ratios
Figures in Rs. Crores
| ROCE % | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 51% | 53% | 48% | 39% | 31% | 45% | 30% | 29% | 24% | 26% | 14% | 6% |
| Debtor Days | 48 | 71 | 53 | 85 | 74 | 60 | 62 | 70 | 71 | 89 | 57 | 65 |
| Inventory Turnover | 4.39 | 4.76 | 5.83 | 6.32 | 4.46 | 4.89 | 3.86 | 4.71 | 5.95 | 6.68 | 4.08 | 3.32 |
Cmp : 1854 (09.04.2021)
52 WEEKS HIGH/LOW : 2044.90/664.05 (09.04.2021)
Target : 1980 – 2060 – 2260 .
Time Frame : 2 Months To 4 Months .
Based on Fundementals.
STUDY PURPOSES ONLY .
Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk.
He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.