VST Industries Ltd
VST Industries Ltd (VSTIND)

VST Industries Ltd (VSTIND)

₹3233.21.77%

Key Stats

₹3165.25
Day's Price Range
₹3256
₹2794
52-Week Price Range
₹3895
1 Month Return-2.26 %
3 Month Return4.74 %
1 Year Return-6.49 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 92
EPS
Rank 92
BVPS
Rank 14
₹159.52
Dividend Yield
Rank 2
5.75%
ROE
Rank 8
31.79%
Price To Book Ratio
19.91
Debt To Asset
Rank 54
0.56

Company Information

VST Industries Ltd the erstwhile Vazir Sultan Tobacco Company was incorporated in November 10th 1930 at Hyderabad AP. The Company is an associate undertaking of British American Tobacco Plc. the global leader in cigarettes. It has 2 manufacturing facilities in Hyderabad and Toopran and 6 Regional offices in Hyderabad Mumbai Delhi Kolkata Chennai and Guwahati. It is presently engaged in manufacture and trading of cigarettes containing tobacco and tobacco products. In 1990 the company entered the United Arab Emirates market launching Kingston Mini Kings. To develop the export business it introduced firecured lightsoil Burley and other nontraditional varieties of tobacco followed by another brand Kingston Dual Filter in 1991. In the same year it was accorded the status of an export house. It also acquired an import license for two sophisticated highspeed precision Log Max cigarette manufacturing machines from France. The company also exports agricultural products.VSTs subsidiaries are Hallmark Tobacco Company Pvt Ltd VST Distribution Storage Leasing Company Pvt Ltd VDSL and Tobacco Diversification Investments Pvt Ltd TDIL. During the year 200405 Tobacco Diversification Investments Pvt Ltd amalgamated with VST Distribution Storage Leasing Company which came into effect on 1st April 2004. The company has allotted 3030000 1 Unsecured Optionally Convertible Debentures of Rs 10 each in lieu of VSTs holding in the TDIL in the ratio of 1:1.VST introduced Gold Premium Filter in Jul.93. In 199293 it entered into a technical collaboration agreement with High Value Horticulture UK. It has signed an agreement with Science and Technology Ventures Israel. In 1994 the company incorporated VST Natural Products formerly VST Agro Tech to establish manufacturing facilities to process high value horticultural crops for export. In 199495 the company had launched two brands Vijay Deluxe and Charminar Standard. VST is the largest exporter of cigarettes to the Middle East from India.SEBI cleared the open offer of Brightstar Investment to acquire 20 equity stake in the company. The Open Offer made by Bright Star Investments Ltd at Rs.112 per share was revised to Rs.151 per share and the counter offer made by Russell Credit Ltd at Rs.115 per share was also revised to Rs.125 per share respectively. Both these offers were closed in during June 2001.Processing lines of the company have been modernized during the year 200304 by inducting Hauni KT2 Stem Cutter to improve filling values and reduce tobacco wastage and New Design spillage free Cut Stem and Cut Lamina Auto feeds to reduce tobacco wastage in the year 200405.It also installed a new humidification system with auto controls on Relative Humidity to improve stored cut tobacco moisture consistency and freshness.In the year 200304 the secondary manufacturing department has also modernized by incorporated new Auto Feed Systems on individual making machines to ensure consistency of the product in. The secondary department have been modernized by inducting two Molmac MK9 MTF one for filter and one for micros New weight control systems TEWS and MRK3 IPMs individual parcellers and installed new quality test modules to improve and maintain consistent product quality in the converted year 200405.During FY 201314 the Company successfully converted the cigarette making and packing machines by deploying inhouse expertise subject to rapid growth in the value filter 64mm segments. In continuance with its tradition 143 workmen were trained during the year to improve their technical skills. Moreover worldclass highspeed makers and packers were inducted in the shop floor as part of the Companys upgradation plan.The Company Petition filed by the Official Liquidator in the Honble High Court of Andhra Pradesh seeking directions against some of the ExDirectors of ITC Agro Tech Finance and Investments Limited ITCATF the Company in liquidation into which one of the subsidiaries of your Company viz. VST Investments Limited was amalgamated to file a Statement of Affairs is still pending. The manufacturing operations of the Company had to be suspended between the later part of March 2020 and the second week of May 2020 due to the lockdown directives issued by the State Government and were partially resumed with restricted capacity and manpower in compliance with the applicable guidelines. In FY22 the Company introduced a new variant with a blend of Kesar and Saunf flavour. For both Total and Editionsbrands it introduced a new brand architecture to stay ahead of the consumer evolutionary curve.
OrganisationVST Industries Ltd
HeadquartersHyderabad
IndustryTobacco Products