Synopsis:
A farm machinery manufacturer has launched its first-ever fully electric power tiller and weeder, signaling a strong push into sustainable farming solutions.
An agri stock opened firm after the company announced the launch of its first fully electric power tiller and weeder at the 9th EIMA AGRIMACH in PUSA, New Delhi. Early market sentiment improved as traders welcomed the company’s entry into eco-friendly farm machinery.
VST Tillers Tractors Limited, with a market cap of Rs. 4,946.59 crore, opened at Rs. 5,780 and touched an intraday high of Rs. 5,780 against the previous close of Rs. 5,482.05. This represents a rise of 5.43 percent, with the stock opening directly at its high for the day.
What’s the News?
VST Tillers Tractors Ltd., India’s pioneer in compact farming solutions, unveiled its first-ever EV Power Tiller and EV Power Weeder at the 9th EIMA AGRIMACH, formally launched by Smt. S. Rukmani, Joint Secretary, Department of Agriculture and Farmers Welfare (M&T), Government of India. This launch marks VST’s entry into fully electric farm machinery, offering eco-friendly performance, reduced operating costs, and ease of use for smallholder farmers.
VST’s electric mobility journey is built on years of collaboration with leading global electric tractor OEMs, supplying advanced drivetrain components for autonomous and next-generation electric tractors. Leveraging this expertise, the company aims to bring global EV learnings into India’s small-farm mechanization space, advancing productivity, sustainability, and affordability.
Comments from the Management
Speaking about the milestone, Mr. Antony Cherukara, CEO, VST Tillers Tractors, shared that the new electric models are fully engineered and manufactured in-house at VST’s advanced facilities. “The introduction of our Electric Tiller and Electric Weeder underscores VST’s ongoing mission to empower farmers with advanced, efficient, and sustainable technologies. Our EV solutions are designed to deliver high performance with minimal environmental impact, aligning with India’s clean energy goals”.
Financial Snapshot – Q2FY26
Quarter-on-Quarter (QoQ): Revenue increased from Rs. 282 crore to Rs. 315 crore, up 11.7 percent. Operating profit rose from Rs. 37 crore to Rs. 40 crore, higher by 8.1 percent. Profit before tax declined from Rs. 56 crore to Rs. 36 crore, down 35.7 percent. Net profit decreased from Rs. 44 crore to Rs. 25 crore, lower by 43.2 percent.
Year-on-Year (YoY): Revenue rose slightly from Rs. 283 crore to Rs. 315 crore, up 11.3 percent. Operating profit increased from Rs. 37 crore to Rs. 40 crore, higher by 8.1 percent. Profit before tax fell from Rs. 57 crore to Rs. 36 crore, down 36.8 percent. Net profit declined from Rs. 45 crore to Rs. 25 crore, down 44.4 percent.
About the Company
Established in 1967, VST Tillers Tractors Limited is a leading Indian farm equipment manufacturer. With over 55 years of legacy, VST drives farm mechanization across India and globally. The company is the largest Indian producer of tillers and 4WD compact tractors and a key manufacturer of tractors, engines, transmissions, power reapers, and precision components. VST also exports to Europe, Asia, and Africa.
Written by Manan Gangwar
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