VST Industries Q1 FY27 Results & Earnings Intelligence

VSTIND

Structural risk assessment following Q1-FY27 | 30 Jun 26 earnings.

Flagium AI Risk Score⚠️
WatchRisk: 20/100
3 warnings12Q Forensic Surveillance ✓
Revenue from Operations

₹861.7 Cr

Reported

Operating Profit (EBITDA)

₹58.3 Cr

-23.3% YoY•-62.3% QoQ

Net Profit (PAT)

₹42.4 Cr

-24.4% YoY•-63.6% QoQ

Risk Score (QoQ)

20/ 100

+5 pts QoQ

The Quarter at a Glance

Consolidated Financials
Revenue from OperationsQ1-FY27 | 30 Jun 26
₹861.7 Cr
YoYQ1-FY26 | 30 Jun 25
N/AN/A
QoQQ4-FY26 | 31 Mar 26
N/AN/A
Revenue (Total Income)Q1-FY27 | 30 Jun 26
₹881.5 Cr
YoYQ1-FY26 | 30 Jun 25
₹424.9 Cr+107.4%
QoQQ4-FY26 | 31 Mar 26
₹698.9 Cr+26.1%
Operating Profit (EBITDA)Q1-FY27 | 30 Jun 26
₹58.3 Cr
YoYQ1-FY26 | 30 Jun 25
₹76.0 Cr-23.3%
QoQQ4-FY26 | 31 Mar 26
₹154.6 Cr-62.3%
Profit Before Tax (PBT)Q1-FY27 | 30 Jun 26
₹58.3 Cr
YoYQ1-FY26 | 30 Jun 25
₹76.0 Cr-23.3%
QoQQ4-FY26 | 31 Mar 26
₹154.6 Cr-62.3%
EBIT MarginQ1-FY27 | 30 Jun 26
6.61%
YoYQ1-FY26 | 30 Jun 25
17.88%-1127 bps
QoQQ4-FY26 | 31 Mar 26
22.11%-1550 bps
Net Profit (PAT)Q1-FY27 | 30 Jun 26
₹42.4 Cr
YoYQ1-FY26 | 30 Jun 25
₹56.1 Cr-24.4%
QoQQ4-FY26 | 31 Mar 26
₹116.7 Cr-63.6%
Interest ExpenseQ1-FY27 | 30 Jun 26
₹0.0 Cr
YoYQ1-FY26 | 30 Jun 25
₹0.0 CrN/A
QoQQ4-FY26 | 31 Mar 26
₹0.0 CrN/A
Basic EPS (₹/share)Q1-FY27 | 30 Jun 26
₹2.50
YoYQ1-FY26 | 30 Jun 25
N/AN/A
QoQQ4-FY26 | 31 Mar 26
N/AN/A

Sources:Official BSE/NSE Disclosures & Financial Filings

FMCG • Margin WatchEBITDA Operating Margin: 6.6% (Moderate Margin)
Benchmark: Prudent Target ≥ 12.0%

Core operating EBITDA margin of 6.6% reflects operating leverage, gross spread absorption, and input cost discipline against revenue.

Sentinel Executive Summary

Core Earnings Synthesis

"VST Industries Limited currently sits within Flagium's Watch category. However, recent periods have introduced early signs of competitive and operating pressure. Revenue growth remained positive, but profit contraction and triggers like 'Other Income Dependency', 'Profit Collapse' increased structural risk. Current deterioration appears cyclical rather than existential."

VST Industries Limited successfully defended its top-line revenue growth, but faced bottom-line compression due to escalating operating costs or margin friction. With 3 active flags, the structural profile reflects temporary margin headwinds despite stable market demand.

🟢 Key Operational & Structural Positives

  • ✓Revenue Growth: Quarterly revenue moved +107.4% YoY and +26.1% QoQ, reflecting demand and volume trends.

⚠️ Key Areas of Watch & Margin Pressures

  • ⚠Resolution of 'Profit Collapse': VSTIND: Net Profit collapsed by 63.6% QoQ from FY2026 Q4 to FY2027 Q1 accompanied by -1550 bps margin contraction.
  • ⚠Resolution of 'Industrial Margin Stress': VSTIND: EBITDA margin compressed by 1277 bps YoY.
  • ⚠Operating margin pressure: Margin moved -1127 bps YoY, -1550 bps QoQ to 6.6%, monitor overhead and operational cost absorption.

Flagium Risk Signals

Automated Forensic Signals
Quarterly Risk Trajectory (Q4-FY26 | 31 Mar 26 → Q1-FY27 | 30 Jun 26)

Other Income Dependency • Profit Collapse • Industrial Margin Stress

CategoryTrend Deterioration
SignalOther Income Dependency
SeverityModerate

VSTIND: 33.9% of PBT derived from Other Income in Q1 FY2027 (Other Income: ₹19.8 Cr vs PBT: ₹58.3 Cr).

CategoryEarnings Quality
SignalProfit Collapse
SeverityCritical

VSTIND: Net Profit collapsed by 63.6% QoQ from FY2026 Q4 to FY2027 Q1 accompanied by -1550 bps margin contraction.

CategoryOperational Efficiency
SignalIndustrial Margin Stress
SeverityModerate

VSTIND: EBITDA margin compressed by 1277 bps YoY.

Capital Allocation & Shareholder Return

Dividend Dividend

Board approved capital distribution for Q1-FY27

Dividend per Share

₹12.00/share

Approved by Board
Record Date

2026-07-10

Shareholder Cut-off
Payout vs EPS

Active Payout

Capital Return to Shareholders
Disbursement

Within 30 Days

Statutory Window
Flagium Capital Discipline Note: Declared Dividend Dividend of ₹12.00 per equity share.

🎙️ VST Industries (VSTIND) Q1 FY27 Concall Intelligence

Management Commentary, Concall Takeaways & Key Discussion Themes

🎙

No earnings call transcript was available

for this reporting period.

Sentinel AI · Q1 FY27 Forensic Copilot

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Methodology & Regulatory Disclaimer

Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE) for educational and research purposes only. Flagium AI is not registered with SEBI as a Research Analyst or Investment Adviser under SEBI regulations. This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security.

Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered Investment Adviser before acting on any data presented.