AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Change in Management 13 Jul - VST Industries appoints Mr. Venkateshwaran Sundaram as CHRO effective 13 July 2026.
Source: Bse
VST Industries Limited (VSTIND)
Small CapConsumer stocks · Small cap · NSE
VST Industries Limited operates in Retail / E-Commerce, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result28 Jul, 10:40 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
27Bearishfull bear SMA stack · SMA20 -2.4% / mo · MACD + · near 52W low · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 31
Sector 3M: -10.2% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
VSTINDD candles · FIT view-22.6%Latest close ₹200.28 on 2026-10-21
Bar
-0.9%
RSI
35
MACD hist
0.32
52W pos
0%
2026-10-21O ₹202.14H ₹202.17L ₹200.00C ₹200.28Vol 1.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VSTINDNifty Consumer DurablesNifty 500
- VSTIND
- -14.5%
- Nifty 500
- -6.5%
- Nifty Consumer Durables
- -11.0%
- Vs Nifty 500
- -8.0 pp
Chart stats
21 Oct 2026- From 52W high
- -30.2%
- 52W range position
- 0%
- ATR (14)
- 1.6%
- Volume vs 20D
- 1.29x
- Avg traded value
- ₹1.9 Cr
- 20D price channel
- ₹200 - ₹210.4
₹286.8
₹200 - ₹286.8
₹3.2
Latest completed session
20-session average
9.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -14.1% · PAT -25.0% YoY
Technical
Bearish27
Price trend and sector-relative-strength timing.
Valuation
Legacy model-1258.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence75
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -14% YoY · PAT -25% YoY · margin compression
Filed 28 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹256 Cr | -14.1% | -44.0% |
| EBITDA | ₹50 Cr | -35.1% | -76.0% |
| Operating margin | 19.0% | -700 bps | -2700 bps |
| PAT | ₹42 Cr | -25.0% | -64.1% |
| PAT margin | 16.4% | -238 bps | -919 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 55.50
- P/B
- 13.67
- EV/EBITDA
- 39.23
- Market Cap
- 3413.00Cr
Profitability
- ROE
- 24.90%
- ROCE
- 34.40%
- ROA
- 11.07%
- Dividend Y
- 5.97%
Growth (CAGR)
- Revenue 5Y
- -9.00%
- EPS 5Y
- -9.00%
- Revenue 3Y
- 12.00%
- EPS 3Y
- 4.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- —
- Altman Z
- 8.00
- Book Value
- 14.70
Cash Flow
- FCF Yield
- 1.38%
- FCF Positive Y
- 5/5
- OCF
- 52.00 Cr
- EPS TTM
- 3.65
Shareholding
- Promoter Hold
- 32.16%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 1%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 256-44.0% vs prev
Net Profit
₹ CrLatest: 42.0-64.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 35.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~2.4% over last month) — short-term momentum negative.
- RSI(14) at 35 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
32
RS percentile
Stage 4 Downtrend
1M return
-3.1%
3M return
-14.5%
6M return
-23.9%
1Y return
-22.5%
RS 1D
+2
RS 20D
+6
Sector rank
#8
Industry rank
#24
Stage evidence
- Price is 13.9% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.3%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 80.91+0.68%
RS vs Nifty 50081
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth2/25
Quality20/20
Balance Sheet9/15
Cash Flow6/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Quality contributes 20/20 to the score.
- Balance sheet contributes 9/15 to the score.
Main drags
- Fair-value margin of safety is negative at -1258.2%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Growth is weaker at 2/25; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
55.5
PB
13.7
EV/EBITDA
39.2
ROE
24.9%
ROCE
34.4%
FCF Yield
1.4%
Debt/Equity
0.0
MoS
-1258.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-1258.2%
Previous: -1261.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
43
43
43
43
43
43
43
43
43
43
43
43
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹34.75
-476.4% MoS
Growth-justified P/E
4.0
Growth-justified Value
₹14.75
-1258.2% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
PARAGMILK
Small
Parag Milk Foods Limited
Retail
match 110
42
26.2
12.1%
+22%
WATCHLIST
JTLIND
Small
JTL INDUSTRIES LIMITED
Retail
match 109
31
28.3
7.3%
+16%
OVERVALUED
VINCOFE
Small
Vintage Coffee And Beverages Limited
Retail
match 108
45
34.0
16.6%
+4%
WATCHLIST
KIRLOSIND
Small
Kirloskar Industries Limited
Retail
match 108
63
11.9
3.8%
+36%
UNDERVALUED
KIRIINDUS
Small
Kiri Industries Limited
Retail
match 108
67
4.4
-9.1%
+99%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
VST Industries Limited operates in Retail / E-Commerce, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
75Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 78th percentile of the scored universe and 81st percentile within Consumer. Main check: results consistency is weak at 31/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
78th percentile
overall median 67 · Consumer: 81st pctile, median 66 · Small: 80th pctile, median 66
Evidence depth
Financial-only
3 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
31
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.3%.
- ▸5 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸OPM spread across recent quarters is 27%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching VST Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportJul 2026
Jul 2026 · Reg. 34 (1) Annual Report. 6 Jul - FY2025-26 annual report filed; 95th AGM on 29 July 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Jul - Copy of Newspaper Publication reg. Notice of 95th Annual General Meeting of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jun - Publication of Notice regarding transfer of unclaimed dividend and equity shares to the Investor Education and Protection Fund
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 21 May - Publication of Notice reg. Special Window for Transfer and Dematerialisation of Physical shares
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.