VST Inds

The Q4FY17 performance of VST Industries was lackluster. The company’s net revenue dropped 3% (YoY) at Rs.227 crore. Expenses were flat but that did not help boost the EBITDA which was down 9% at Rs.62 crore and margins declined from 29.05% to 27.19%.

The company ended the quarter with a net profit at Rs.45 crore, almost status quo YoY. It ended FY17 with a net profit at Rs.167 crore, up 9%. Equity stands at Rs.15.44 crore and EPS for the year was very healthy at Rs.108 (FV of Rs.10).

VST is debt free and is sitting on reserves of Rs.519 crore.

The company manufactures and distributes cigarettes under the brands names of Charms, Charminar, Gold, Moments, Zaffran etc. The company is headquartered in Hyderabad, India. It is 3rd largest cigarette manufacturing company in India.