On 6 Nov 2026, Escorts Kubota was priced at ₹2,443.40, or 20.4× trailing earnings, against an industry P/E of 20.4×, and the shares are 39% below their 52-week high. Sales and net profit grew 11% and 55% a year over 3 years; its ROCE of 14% is the second-lowest among the 7 largest Farm & Heavy Construction Machinery peers. It carries very little debt, and its dividend yield is 1.4%. It is a small-cap company with a market cap of ₹26,888 Cr, ranked 2nd of 24 Farm & Heavy Construction Machinery companies by market cap; the shares fell 36% over the past year.
- ₹2,468.00
- ₹2,478.80
- ₹2,422.00
- ₹2,459.90
- 62.1K
Health check
- ReturnsBehind
−35.6% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 20.4 vs industry 20.4.
- GrowthStrong
Sales +11.3%, profit +55.5% a year over 3 years.
- ProfitabilityWeak
ROCE 14.4% vs peer median 21.4%.
- Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
- Red flags2 to check
Quarterly profit down 21.3% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹26,888 Cr
- Small cap
- P/E
- 20.4
- Industry 20.4
- Price to book
- 2.13
- Peers 6.87
- Dividend yield
- 1.35%
- ROE
- 10.7%
- Peers 18.0%
- ROCE
- 14.4%
- Peers 21.4%
- Debt to equity
- 0.01
- Debt ₹152 Cr
- EPS (TTM)
- ₹119.49
- Face value ₹10
- OPM (TTM)
- 11.5%
- Net margin 10.4%
- Sales growth
- +16.2%
- Latest quarter vs a year ago
- Profit growth
- −21.3%
- Latest quarter vs a year ago
- Price to sales
- 2.12
- EV/EBITDA 13.9
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 16.2% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 21.3% on a year ago.
- 39% below its 52-week high.
About Escorts Kubota
Escorts Kubota Limited manufactures and sells agricultural and construction equipment in India and internationally. The company offers rotavators, straw reapers, super seeders, MB ploughs, orchard sprayers, paddy harvesters, seed drills, and rice transplanters; filters, pumps, engine assemblies, gear parts, clutch systems, hydraulic pumps, cylinders, lubricants, oils, and service kits; and generator and diesel engines; and cranes, soil compactors, backhoe…
- Headquarters
- Faridabad
- Employees
- 4,323
- Sector
- Industrials
- ISIN
- INE042A01014
- Website
- escortskubota.com
Price range
- Avg volume (3M)
- 82.7K
- 1-year return
- minus 35.6%
- From 52-week high
- minus 38.7%
Analyst consensus
Peers · Farm & Heavy Construction Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASHOKLEYAshok Leyland | 172.09 | plus 1.10% | 1,01,083 | 29.1 | 12.2 | 14.5% | 21.5% | 3.45 | 10.6% | plus 21.2% |
| ESCORTSEscorts Kubota | 2,443.40 | minus 0.67% | 26,888 | 20.4 | 13.5 | 14.4% | 11.5% | 0.01 | 11.3% | minus 35.6% |
| ACEAction Construction Equipment | 1,167.70 | plus 3.55% | 13,900 | 31.8 | 25.5 | 28.5% | 15.6% | 0.00 | 15.0% | plus 2.8% |
| OLECTRAOlectra Greentech | 1,026.35 | minus 2.21% | 8,424 | 47.5 | 26.6 | 19.4% | 13.8% | 0.31 | 28.4% | minus 30.9% |
| AJAXENGGAjax Engineering | 556.65 | minus 1.24% | 6,369 | 28.1 | 20.0 | 21.4% | 12.5% | 0.00 | 22.2% | minus 5.8% |
| SWARAJENGSwaraj Engines | 3,495.30 | minus 1.97% | 4,247 | 20.0 | 15.2 | 52.8% | 12.6% | 0.01 | 12.2% | minus 9.6% |
| VSTTILLERSV.S.T Tillers Tractors | 3,941.70 | minus 2.48% | 3,411 | 31.4 | 16.5 | 12.4% | 13.3% | 0.00 | 7.2% | minus 33.8% |
| UNIPARTSUniparts India | 704.60 | minus 1.75% | 3,179 | 17.7 | 12.5 | 22.0% | 22.3% | 0.18 | −4.8% | plus 41.4% |
| Median of 7 peers | – | −1.75% | 6,369 | 29.1 | 16.5 | 21.4% | 13.8% | 0.01 | 12.2% | −5.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 2,500 | 3,280 | 2,968 | 3,208 | 3,243 | |
| 2,179 | 2,846 | 2,588 | 2,853 | 2,955 | |
| 321 | 435 | 381 | 354 | 288 | |
| 12.9% | 13.3% | 12.8% | 11.1% | 8.9% | |
| 156 | 154 | 122 | 208 | 123 | |
| 4 | 6.4 | 5.5 | 5.2 | 4.7 | |
| 59.6 | 64.3 | 69.1 | 65 | 68.1 | |
| 76 | −52.5 | – | – | – | |
| 490 | 466 | 428 | 492 | 339 | |
| 24.6% | 23.1% | 25.0% | 21.6% | 26.1% | |
| 1,397 | 358 | 321 | 386 | 250 | |
| 126.96 | 32.56 | 29.12 | 35.07 | 22.74 |
Profit & loss
- Sales CAGR 3Y
- +11.3%
- Profit CAGR 3Y
- +55.5%
- EPS CAGR 3Y
- +54.7%
- ROE
- 10.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8,281 | 9,654 | 10,110 | 11,414 | |
| – | +16.6% | +4.7% | +12.9% | |
| 7,451 | 8,531 | 8,933 | 9,911 | |
| 831 | 1,123 | 1,177 | 1,503 | |
| 10.0% | 11.6% | 11.6% | 13.2% | |
| 181 | 246 | 227 | 352 | |
| 10.8 | 38.6 | 27.5 | 15.7 | |
| 150 | 233 | 250 | 255 | |
| −15.9 | 160 | 224 | 227 | |
| 835 | 1,256 | 1,351 | 1,811 | |
| 23.7% | 24.9% | 16.8% | 24.5% | |
| 637 | 1,077 | 1,265 | 2,394 | |
| – | +69.1% | +17.5% | +89.3% | |
| 58.76 | 97.93 | 114.98 | 217.55 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 132 | 111 | 112 | 112 | |
| 8,055 | 9,278 | 10,255 | 12,261 | |
| 57.3 | 448 | 105 | 162 | |
| 1,841 | 2,565 | 2,627 | 3,265 | |
| 10,085 | 12,402 | 13,098 | 15,799 | |
| 1,867 | 2,289 | 2,142 | 2,260 | |
| 85 | 186 | 161 | 188 | |
| 2,786 | 2,920 | 3,474 | 2,908 | |
| 2,080 | 3,113 | 3,254 | 6,729 | |
| 3,267 | 3,894 | 4,068 | 3,714 | |
| 10,085 | 12,402 | 13,098 | 15,799 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 224 | 789 | 1,003 | 1,381 | |
| −61.8 | −1,018 | −194 | −1,128 | |
| −71.2 | 24.8 | −702 | −420 | |
| 90.9 | −204 | 107 | −167 | |
| −219 | −283 | −256 | −317 | |
| 5.1 | 505 | 747 | 1,064 | |
| −75.7 | −75.8 | −305 | −396 |
Shareholding pattern
- Promoters68.04%
- Public30.32%
- Employee trusts1.64%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 68.04% | 30.32% | 0.00 | |
| 30 Jun 2026 | 68.04% | 30.31% | 0.00 | |
| 31 Mar 2026 | 68.04% | 30.30% | 0.00 | |
| 31 Dec 2025 | 68.04% | 30.30% | 0.00 | |
| 30 Sep 2025 | 68.04% | 30.30% | – |
Major shareholders
Filings & events
News
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