The evidence leans negative1 supporting, 4 against, 2 worth knowing
Supporting
revenue grew 103% year on year in the quarter ending 2026-06-30
Against
trading 12% below its 200-day average
down 21% over twelve months
1 of the scans it matches has historically underperformed the market
net margin has narrowed from 29.0% to 4.9% across four quarters
Worth knowing
RSI at 28 is washed out — historically the better half of this site's measured edge comes from exactly this condition
the 5 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
What would change this read: a close back above 242, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working1
Revenue +86.9% year on year, Rs 461 cr to Rs 862 cr.
+86.9%Rs 461 crRs 862 cr
Needs watching3
Profit grew slower than revenue, -10.8% against +86.9%.
-10.8%+86.9%
Net margin moved from 10.3% to 4.9%.
10.3%4.9%
Net profit -10.8% year on year, Rs 48 cr to Rs 42 cr.
-10.8%Rs 48 crRs 42 cr
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
5 of 47 matched on 2026-08-21
VSTIND matches 5 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
499 sessions since 2024-09-09
11×
median 14×
24×
now 10×
VSTIND trades at 10× trailing earnings, below its median of 14× over this window — 26% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 103% against the same quarter a year earlier
revenue rose in 4 of the last 4 quarters
Going against it
profit dropped 21% year on year
net margin narrowed from 16.9% to 4.9%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · standalone
862
58
42
2.50
4.9%
Q4 FY26
2026-03-31 · standalone
689
155
117
6.87
16.9%
Q3 FY26
2025-12-31 · standalone
492
81
60
3.55
12.2%
Q3 FY25
2024-12-31 · standalone
471
166
136
8.02
29.0%
Q2 FY25
2024-09-30 · standalone
461
65
48
2.80
10.3%
Q1 FY25
2024-06-30 · standalone
424
72
54
34.70
12.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-11.0%
Versus 200-day average-12.1%
Below 52-week high-22.2%
Above 52-week low+6.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)28.1
Higher closes in last 52 of 5
Six-month return−9.51%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)1.19%
Volume versus 20-day0.5x
Median daily turnoverRs 3.4 cr
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.