Key Metrics of V.s.t. & Sons Private Limited
About V.s.t. & Sons Private Limited
Company details
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 07 Aug 2026 | ICRA | Reaffirmed | A- | — | Stable | ₹45.0 Cr | View |
Credit strengths (ICRA, Aug 2026)
+ Established presence of the VST Group in automobile dealership business
The VSTM Group is part of the larger VST Group, which has 11 automobile dealerships across Tamil Nadu and Karnataka.
+ Diversification within the dealership business; healthy share of OEMs’ sales in respective geographies across dealerships
VSTM is an established dealer for TML’s CVs and Kia’s passenger vehicles in Tamil Nadu.
+ Comfortable debt metrics; rental income from commercial real estate supports profits
The VSTM Group’s capital structure and coverage metrics remain comfortable, aided by healthy accruals, minimal capex and low working capital intensity.
Credit challenges
− Thin margins inherent to dealership business; intense competition
The VSTM Group’s profit margins have historically been thin, akin to other automobile dealers.
− Revenues exposed to cyclicality inherent of the CV industry
The VSTM Group derived close to 50% of its revenues from the CV segment in FY2026, while the remaining was from the PV segment.
Could lead to an upgrade
The rating could be upgraded, if the VSTM Group adequately scales up its revenues further, while sustaining healthy margins, coverage indicators and
Could lead to a downgrade
The rating may be downgraded if there is a significant decline in the scale of operations or profitability due to subdued demand, resulting in pressure on cash accruals and debt metrics, or if the VSTM Group extends additional support to other related entities, thereby weakening its
Agency-reported financials (ICRA, 07 Aug 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income (OI) | ₹1,678 Cr | ₹1,945 Cr |
| PAT | ₹19.80 Cr | ₹28.90 Cr |
| OPBDITA/OI | 3.7% | 3.6% |
| PAT/OI | 1.2% | 1.5% |
| Total outside liabilities/Tangible net worth (times) | 2.30× | 2.00× |
| Total debt/OPBDITA (times) | 5.00× | 3.80× |
| Interest coverage (times) | 3.20× | 3.10× |
| Revenue growth (YoY) | — | 15.9% |
| EBITDA (margin × income) | ₹62.10 Cr | ₹70.03 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹311 Cr | ₹266 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹19.41 Cr | ₹22.59 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term Fund-based – Cash Credit | Working capital & bank lines | ₹44.0 Cr | ₹44.0 Cr | 0.0% | A- (Stable) | Other | ICRA |
| Long term – Unallocated | Working capital & bank lines | ₹1.00 Cr | ₹1.00 Cr | 0.0% | A- (Stable) | Reaffirmed | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 65% |
| Information on file | 44% · missing: Annual results history (3+ years), Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 65% chance the next rating action is stable or better
- Current rating A- (investment grade)
- Interest coverage 3.1×
- ₹1 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
The promoters’ periodic fund infusions and healthy cash reserves (Rs. 94.3 crore as on March 31, 2026) keep the liquidity profile comfortable.
From the report
The promoters’ periodic fund infusions and healthy cash reserves (Rs. 94.3 crore as on March 31, 2026) keep the liquidity profile comfortable.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.