VST Industries has declared a final dividend of ₹12 per equity share, with the board of directors setting July 10, 2026 as the record date for determining eligible shareholders. The company has scheduled its 95th Annual General Meeting for July 29, 2026, where shareholders will vote on the dividend proposal.
Dividend Declaration Details
The board's dividend declaration includes specific timelines and procedural requirements:
Parameter: Details Dividend Amount: ₹12 per equity share Share Face Value: ₹10 each Record Date: July 10, 2026 AGM Date: July 29, 2026 AGM Number: 95th Annual General Meeting
Payment Timeline and Process
VST Industries has committed to distributing the dividend within 30 days of shareholder approval at the upcoming Annual General Meeting. The record date of July 10, 2026 will determine which shareholders are entitled to receive the dividend payment, ensuring proper identification of eligible recipients.
Regulatory Compliance
The company has notified both BSE Limited and National Stock Exchange of India about the dividend declaration and record date fixation under Regulation 42. VST Industries trades on BSE with stock code 509966 and on NSE with symbol VSTIND, ensuring transparency across both major stock exchanges.
Shareholder Value Creation
The ₹12 final dividend represents the company's commitment to returning value to shareholders through regular dividend distributions. Once approved at the 95th AGM, eligible shareholders will receive direct returns on their investment, reflecting the board's confidence in the company's financial stability and cash flow generation capabilities.
VST Industries Limited delivered exceptional financial performance for Q4FY26, showcasing remarkable operational efficiency improvements alongside strong revenue growth. The tobacco manufacturer's latest results demonstrate significant enhancement in profitability metrics and operational execution, driven by robust volume recovery and enhanced brand portfolio.
Outstanding EBITDA Performance
The company achieved exceptional operational performance in Q4FY26, with EBITDA metrics showing substantial improvement across all parameters.
EBITDA Metrics: Q4FY26 Q4FY25 Growth (%) EBITDA: ₹208 crores ₹70 crores +197.1% EBITDA Margin: 30.30% 15.30% +15.00 pp
Comprehensive Financial Performance
The company's quarterly performance demonstrated remarkable improvement across key financial metrics, reflecting strong market positioning and operational excellence.
Financial Metrics: Q4FY26 Q4FY25 Growth (%) Revenue from Operations: ₹689 crores ₹453 crores +52.10% Net Profit After Tax: ₹116.70 crores ₹53.00 crores +120.19% Cigarette Revenue: ₹631 crores ₹337 crores +87.24% Cigarette Volume (monthly avg): 667 million 647 million +3.09%
Annual Performance Overview
For the full financial year FY26, VST Industries maintained consistent growth momentum with steady improvements in operational parameters.
Annual Metrics: FY26 FY25 Change (%) Revenue from Operations: ₹2,042 crores ₹1,806 crores +13.07% Net Profit After Tax: ₹292.30 crores ₹290.40 crores +0.65% EBITDA: ₹450 crores ₹279 crores +61.29% EBITDA Margin: 22.00% 15.40% +6.60 pp Cigarette Volume (monthly avg): 696 million 641 million +8.58%
Business Segment Performance
The company's cigarette business demonstrated strong performance with net cigarette revenue growing 25% to ₹1,151 crores compared to ₹921 crores. However, the unmanufactured tobacco segment faced challenges due to geopolitical instability in the Middle East, with revenue declining from ₹473 crores to ₹310 crores.
Management Commentary and Outlook
Commenting on the performance, Piyush Srivastava, Managing Director, stated: "In 2025, we achieved robust volume recovery supported by our enhanced brand portfolio and disciplined in-market execution. While geopolitical instability in the Middle East continues to weigh on our unmanufactured tobacco business, our productivity initiatives have delivered strong double-digit profit growth."
The management acknowledged challenges ahead due to extraordinary tax increases but remains focused on strengthening brand portfolio and in-market execution while maintaining commitment to creating superior value for consumers and stakeholders.
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