Vazir Sultan Tobacco Industries (VST Industries) | Sustainability Performance
Manufactures and sells cigarettes and tobacco products through a national distribution network.
1930
India
501 - 1,000 employees
Tobacco
$100M - 500M in revenue
$25M - 100M in profitability
Sustainability Ranking & Industry Benchmark
#7596
Overall#185
in India#5
in TobaccoSustainability Maturity
Sustainability Intent
Overview
Environmental
Carbon emissionsEnergy consumptionWaste ManagementWater ManagementSocial
Diversity and InclusionGovernance
TargetsESG scores and ExclusionsFinancial Data
Business performanceCapital & innovationAnalyst projections
CO2 scope 1 + 2
Aligned
Waste generated
Leading
Female employees
Critical
Market cap
Revenue
Carbon emissions
Reveal data for 1 credit
Industry rank: 5 out of 19
Total CO2 emissions
(CO2e tonnes)
Industry rank: 5 out of 19
Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
(adj. for revenues)
Renewable energy
Reveal data for 1 credit
Industry rank: Beyond Top 100
Total energy consumption
and % renewables
(MWh, % of consumption)
Industry rank: Beyond Top 100
Total energy
Share of renewable energy
Industry benchmark
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Water consumption intensity (m³ /$M)
Industry Benchmark
16.5
B/M 16.9
49.8
B/M 58.3
170.4
B/M 62.5
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Female employees
Reveal data for 1 credit
Share of female employees (%)
Share of female board members
25
50
75
100
Company
Benchmark
Waste
Reveal data for 1 credit
34.02025
Total waste generated (tonnes)
Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark
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Controversy level
- Vazir Sultan Tobacco / VST Industries Ltd (British American Tobacco ~32% controlled, Radhakishan Damani/Bright Star Investments ~30%+ controlled, Indian cigarette maker with the Charms/Total brands) has faced sustained scrutiny over its dual large-shareholder controlling structure (BAT plus billionaire Radhakishan Damani-affiliated stakes) and historic ITC-affiliated cross-holding governance complexity affecting institutional minority shareholders amid Indian tobacco sector consolidation pressure.
Carbon emissions breakdown
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
Waste management
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
Water management
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2022 | 2023 | 2024 | 2025 | Benchmark | ||
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
Market cap
Revenue
EBITDA
Operating margin
Revenue & EBITDA
$207.7MFY2025 revenue
Total Annual
Revenue & EBITDA
($ B)
Annual revenue
EBITDA
3 year change
Margin trends
Margin as % of revenue
Gross margin
Operating margin
Net margin
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Free cashflow
Capex
Return on invested capital
22.0%FY2026
Return on invested capital (ROIC)
Industry benchmark
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Analyst revenue estimates & actuals
Analyst consensus vs actuals
($ B)
Actual revenue
Consensus estimates
Estimate only
0.2
▲ 26.6%
0.2
▲ 35.6%
0.2
▲ 21.5%
17.4
2027Powered by illuminem
Environmental policy coverage
Carbon reduction policy
Available
Human rights policy
Available
Recycling policy
Available
Workplace health & safety policy
Available
43%
Independent Directors
3 out of 7 incl. management
Overall score
82
Environment
99
Social
86
Governance
61
Exclusion screening
Adult content
Not available
Alcoholic
Not available
Animal testing
Not available
Firearms
Not available
Tobacco
Available
Gambling
Not available
Nuclear
Not available
