VST Industries

This article is about the Indian conglomerate. For other companies, see VST (disambiguation).

VST Industries Ltd
Company typePublic
ISININE710A01016[1]
IndustryConglomerate
Founded10 November 1930 (as Vazir Sultan Tobacco Company Limited)
FounderVazir Sultan
HeadquartersAzamabad, Hyderabad, Telangana, India.[2]
Key people
  • Naresh Kumar Sethi (Chairman)
  • Aditya Deb Gooptu (Managing Director)
ProductsTobacco
RevenueIncrease US$117 million [3]
Number of employees
784
Websitehttps://vsthyd.com

VST Industries Ltd is an Indian publicly-listed company which manufactures and distributes cigarettes.[4] The company is headquartered in Hyderabad.

VST Industries started off as the Vazir Sultan Tobacco Company, and became an affiliate undertaking of British American Tobacco group of the United Kingdom,[5][6] It became fully independent and registered as VST Industries Ltd in 1983.[7][8] British American Tobacco, through its subsidiaries, owns a 32.16% stake in the company.

History

The company was incorporated on 10 November 1930 as The Vazir Sultan Tobacco Company Limited under the Hyderabad Companies Act No. IV of 1320 Fasli.[9] In April 1983, it was renamed VST Industries Limited.[10] Over the decades, the company established a presence in the Indian cigarette manufacturing industry with a portfolio of regional and national brands.[11]

Tobacco leaf operations

VST Industries is also engaged in the trading and processing of unmanufactured tobacco. According to the company, tobacco leaf procurement and processing form a key component of its operations, supporting both domestic cigarette manufacturing and exports to international markets.[12]

The company states that it works with a large network of contracted farmers across tobacco-growing regions in southern India and has developed specialised tobacco varieties, including Indian Oriental tobacco and Dark Fire Cured tobacco, for use in domestic and export markets.[13] VST reports that its tobacco leaf business achieved a turnover of ₹472 crore in FY 2024–25, representing year-on-year growth.[13]

Operations

VST Industries’ principal business activities include the manufacture and trading of cigarettes and unmanufactured tobacco.[14] The company operates manufacturing facilities at Azamabad, Hyderabad, and Toopran in Telangana. The Toopran facility, which integrates primary and secondary manufacturing divisions, became fully operational during FY 2024–25.[13]

According to the company, VST distributes its products through a nationwide network of wholesale dealers and retail outlets and maintains regional offices in major Indian cities. Unmanufactured tobacco is also exported to overseas markets.[15]

Products and brands

VST Industries markets a portfolio of cigarette brands across different segments. Its brands include Total, Editions, Charms, Moments and Special.[16] In FY 2024–25, the company introduced new variants such as Editions Trio, Total Spin and Total Paan Delight.[17]

Financial performance

For the financial year ended 31 March 2025, VST Industries reported revenue from operations of ₹1,80,943 lakh and a net profit of ₹29,039 lakh.[18] The board recommended a dividend of ₹10 per share for FY 2024–25.[19]

Corporate social responsibility and ESG

VST Industries publishes an annual ESG report outlining its environmental, social and governance initiatives.[20] According to the company, its CSR activities include programmes in healthcare, education, rural development and environmental sustainability. The company reported CSR expenditure of ₹844 lakh during FY 2024–25.[21]

Governance

The company is governed by a board comprising executive, non-executive and independent directors. As of April 2025, Naresh Kumar Sethi serves as Chairman of the Board and Sanjay Wali serves as Whole-time Director and Chief Executive Officer.[22]

Shareholding

British American Tobacco Plc is the principal promoter of VST Industries and held approximately 32.16% of the company’s equity as of 2025.[23] Other shareholders include institutional investors and public shareholders, including Bright Star Investments Private Limited.[24]

See also

References

  1. ^ "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". www.moneycontrol.com.
  2. ^ "The Vazir Sultan Tobacco Company Limited (Ijb63a99)". Archived from the original on 28 July 2014. Retrieved 28 May 2011.
  3. ^ "Financial results" (PDF). www.vsthyd.com. 2011. Archived from the original (PDF) on 9 March 2012. Retrieved 20 April 2021.
  4. ^ "VST Industries – Brands". Moneycontrol. Retrieved 30 December 2025.
  5. ^ "VST Industries launches new variants to boost premium portfolio". Business Standard. 25 April 2024. Retrieved 30 December 2025.
  6. ^ "VST Industries Q4 profit falls 42%; declares ₹10 dividend". Business Standard. 25 April 2025. Archived from the original on 26 April 2025. Retrieved 30 December 2025.
  7. ^ CRISIL Ratings – VST Industries Limited (Report). CRISIL. 14 May 2025.
  8. ^ "Shareholding Pattern – VST Industries". BSE India. Retrieved 30 December 2025.
  9. ^ "Company History". VST Industries. Retrieved 6 January 2026.
  10. ^ "Company History". VST Industries. Retrieved 6 January 2026.
  11. ^ CRISIL Rating Rationale – VST Industries Limited (Report). CRISIL. 14 May 2025. Retrieved 6 January 2026.
  12. ^ Annual Report 2024–25 (PDF) (Report). VST Industries. Retrieved 6 January 2026.
  13. ^ a b c Moneycontrol.com. "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". Archived from the original on 6 October 2023. Retrieved 5 January 2026.
  14. ^ "Company Profile". CRISIL. Retrieved 6 January 2026.
  15. ^ Moneycontrol.com. "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". Archived from the original on 6 October 2023. Retrieved 5 January 2026.
  16. ^ "VST Industries – Brand Portfolio". Reuters. Retrieved 6 January 2026.
  17. ^ "VST Industries launches new cigarette variants". Business Standard. 25 April 2024. Archived from the original on 26 April 2025. Retrieved 6 January 2026.
  18. ^ Moneycontrol.com. "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". Archived from the original on 6 October 2023. Retrieved 5 January 2026.
  19. ^ "VST Industries Q4 profit falls 42%; declares ₹10 dividend". Business Standard. 25 April 2025. Archived from the original on 26 April 2025. Retrieved 6 January 2026.
  20. ^ ESG Report 2023–24 (PDF) (Report). VST Industries. Retrieved 6 January 2026.
  21. ^ Moneycontrol.com. "VST Industries > Company History > Cigarettes > Company History of VST Industries - BSE: 509966, NSE: VSTIND". Archived from the original on 6 October 2023. Retrieved 5 January 2026.
  22. ^ "VST Industries appoints Sanjay Wali as Whole-time Director". MarketScreener. 25 April 2025. Retrieved 6 January 2026.
  23. ^ "Shareholding Pattern". BSE India. Retrieved 6 January 2026.
  24. ^ "Major Shareholders – VST Industries". MarketScreener. Retrieved 6 January 2026.
allikas: https://en.wikipedia.org/wiki/Charminar_Cigarette