VST Industries Complete Financial Statements

12 Years of Data

2026 - 2015

In FY2026, VST Industries (VSTIND) reported revenue ₹1,461 Cr, net profit ₹267 Cr and EPS ₹17.21, with a net profit margin of 18.3% and ROE of 18.5%. Full financial statements from FY2015 to FY2026 (12 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. Review VSTIND PE ratio trends to evaluate earnings-based valuation against sector peers.

Complete Financial Data Export

Profitability Ratios

Net Profit Margin 18.28% 2026 data

EBITDA Margin 30.53% 2026 data

Operating Margin 31.00% 2026 data

Return on Assets 13.24% 2026 data

Return on Equity 18.46% 2026 data

Balance Sheet Ratios

Current Ratio 68.96 2026 data

Equity Ratio 71.73% 2026 data

Asset Turnover 0.72 2026 data

VSTIND Revenue, Net Profit & EBITDA — Year-on-Year Growth

VSTIND YoY (March 2025 vs March 2026) — revenue +2.0%, net profit -7.9%, EBITDA +42.0%, expenses -9.3%. For live price, earnings ratios and company overview, see VSTIND screener.

Revenue Growth

+2.0%

Year-over-Year

Net Profit Growth

-7.9%

Year-over-Year

EBITDA Growth

+42.0%

Year-over-Year

Expense Growth

-9.3%

Year-over-Year

Assets Growth

+11.0%

Year-over-Year

Equity Growth

+9.3%

Year-over-Year

Operating Cash Flow Growth

+16.2%

Year-over-Year

Investing Cash Flow Growth

-87.3%

Year-over-Year

Financing Cash Flow Growth

+4.3%

Year-over-Year

VSTIND Income Statement — Revenue, EBITDA & Net Profit

VST Industries revenue ₹1,461 Cr, EBITDA ₹446 Cr, net profit ₹267 Cr, EPS ₹17.21 (2026) — net profit margin 18.3%. Explore VSTIND value investing to estimate fundamental worth using multiple valuation models.

Periods ₹ Crores

Particulars	March 2026	March 2025	March 2024	March 2023	March 2022	March 2021	March 2020	March 2019	March 2018	March 2017	March 2016	March 2015
Revenue	1,461	1,433	1,500	1,369	1,225	1,153	1,287	1,138	972	943	903	854
Expenses	1,015	1,119	1,067	910	767	700	825	746	654	675	646	594
EBITDA	446	314	433	459	458	452	462	392	319	268	258	261
Operating Profit Margin %	31.00%	20.00%	25.00%	30.00%	35.00%	37.00%	33.00%	32.00%	31.00%	27.00%	27.00%	29.00%
Depreciation	101	45	38	30	30	35	42	41	39	37	31	32
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	390	370	395	429	428	417	420	351	280	231	227	229
Tax	123	79	93	102	108	107	116	124	98	79	74	77
Net Profit	267	290	302	327	320	311	304	227	182	152	153	152
Earnings Per Share (₹)	17.21	17.10	195.29	211.75	207.38	201.27	196.93	146.90	117.79	98.13	99.15	98.57

VSTIND Balance Sheet — Assets, Liabilities & Shareholders' Equity

VSTIND total assets ₹2,016 Cr, total equity ₹1,446 Cr, total liabilities ₹ Cr (2026) — ROE 18.5%.

Years Annual Data ₹ Crores

Particulars	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASSETS
Total Assets	2,016	1,816	1,720	1,654	1,591	1,486	1,397	1,205	1,064	798	827	826
Current Assets	1,724	1,288	1,188	832	1,142	1,251	1,164	957	805	548	584	611
Fixed Assets	244	307	268	590	195	173	187	213	195	220	174	198
Capital Work in Progress	0	1	47	0	10	33	13	0	34	1	41	0
Investments	675	532	447	577	971	887	753	575	416	174	160	169
Other Assets	0	976	958	486	415	393	444	416	419	403	452	459
LIABILITIES
Total Liabilities
Current Liabilities	25	23	22	22	23	22	20	19	14	11	9	6
Non-Current Liabilities
SHAREHOLDERS' EQUITY
Total Equity	1,446	1,323	1,252	1,180	1,074	940	787	664	582	539	370	347
Share Capital	170	170	15	15	15	15	15	15	15	15	15	15
Reserves & Surplus	1,276	1,153	1,237	1,164	1,059	925	772	649	567	524	355	331

VSTIND Cash Flow Statement — Operating, Investing & Financing

VST Industries operating cash flow ₹194 Cr, investing ₹10 Cr, financing ₹-221 Cr, net cash flow ₹-18 Cr (2025).

Periods ₹ Crores

Particulars	March 2025	March 2024	March 2023	March 2022	March 2021	March 2020	March 2019	March 2018	March 2017	March 2016	March 2015
Operating Activities	194	167	182	277	286	332	290	420	146	132	118
Investing Activities	10	79	47	-96	-144	-155	-148	-264	-18	-24	3
Financing Activities	-221	-231	-224	-187	-159	-177	-144	-139	-130	-130	-127
Net Cash Flow	-18	16	5	-5	-17	0	-2	17	-2	-22	-6