VST Industries Limited has reported its financial performance for the year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹12 per equity share of ₹10 each, subject to approval at the 95th Annual General Meeting. The company highlighted strong annual operational growth and maintained a stable outlook for its core business operations despite regulatory adjustments impacting the tobacco segment.
Financial Highlights
For the financial year ended March 31, 2026, VST Industries recorded a total revenue from operations of ₹204,574 lakh, reflecting significant growth compared to ₹180,943 lakh in the previous year. The company’s profit after tax for the current year stands at ₹29,040 lakh, compared to ₹29,026 lakh reported in the previous fiscal year. Earnings per share (EPS) for the year closed at ₹17.21.
Strategic Dividend Proposal
Demonstrating its commitment to shareholder value, the Board has recommended a final dividend of ₹12 per equity share. This dividend, upon approval by shareholders, will be distributed within 30 days of the 95th Annual General Meeting.
Operational Developments
The company noted a significant shift in its indirect tax landscape, effective February 1, 2026, as the Government of India reduced the Compensation Cess on cigarettes to ‘Nil’ while increasing GST and Excise Duty. Additionally, the company performed a technical evaluation of its plant and machinery during the year, resulting in the full depreciation of certain assets totaling ₹4,896 lakh due to changes in estimated useful lives.
Future Outlook
VST Industries continues to operate as a single-segment entity focused on tobacco and related products. Despite the complexities of shifting labor legislation and tax restructuring, the company maintains its focus on core business efficiency, reporting no outstanding defaults on loans or debt securities and ensuring a robust cash position as it heads into the new financial year.
Source: BSE
