Escorts Kubota Limited
Escorts Ltd. is one of India’s leading engineering conglomerates engaged in the manufacturing of Agri-machinery, Construction & Material Handling Equipment and Railway Equipment.
At Escorts Kubota Limited, we are transforming lives through the power of technology and imagination. From breaking new ground for Indian infrastructure to tending to the land with harvests of prosperity – from energizing the economy on the rails of progress to being its driving force on the country’s highways.
Products
The Co. is engaged in the manufacturing of agricultural tractors, engines for agricultural tractors, construction, earthmoving and material handling equipment, round and flat tubes, heating elements, double-acting hydraulic shock absorbers for railways coaches, centre buffer couplers, automobile shock absorbers, telescopic front fork & Mcpherson struts, brake block, internal combustion engines and all types of brake used by railways.
Manufacturing Facilities
Agri Machinery: The Co. has a total of 5 plants. Three plants are located in Faridabad, Haryana with a total installed capacity of 1,20,000 units. The Co. also has 1 plant located in Poland with an annual production capacity of 2,500 units. The Co. also has a JV in India as Escorts Kubota India with an annual installed capacity of 50,000 tractors.
Shareholding Pattern
- Promoters
- Public
Financial Summary
| Particulars | March 2023 | March 2022 | March 2021 |
| Sales | 7,014 | 7,283 | 8,429 |
| Sales Growth % | 20.73% | 3.82% | 15.74% |
| Operating Profit | 1,126 | 966 | 770 |
| OPM % | 16% | 13% | 9% |
| Profit before tax | 1,155 | 993 | 835 |
| YOY Growth | 7% | 7% | – |
| EPS in Rs | 64.63 | 55.82 | 48.26 |
Synopsis of Financials
- Sales has increased due to increase in sale of domestic and exports.
- Moreover, sale of services, export incentives and scrap sales has also increased.
- Also profit from scrap sales has grown.
- Majorly Profit of the company is grown from sales of their product in exports.
Final Outlook
The Company is planning to introduce new products and expand product line in the future, Setting up a captive finance company to supplement core business, Focus on expanding network in western and southern market,Plan to launch finance company within next fiscal year. And results for quater ended feb 2024 is very good Operating revenue up 2.5% year-on-year to ₹ 2,320.4 Crores, EBITDA up 64.3% year-on-year to ₹ 312.7 Crores, Net profit PAT up by 48.8% year-on-year to ₹ 277.3 Crore, Best ever nine months financial performance. So we can buy or hold the share for now.
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