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Earnings Call

Escorts Kubota Earnings Call: Key Takeaways

Escorts Kubota Limited (EKL) projects FY26 operational revenue of ₹11,473 Cr and EBITDA of ₹1,513 Cr, focusing on deepening its strategic partnership with Kubota Corporation and expanding exports.

Why this was an Alfa AlertNot a filter event. FY26 numbers provided are projected targets, not a report of achieved results beating prior guidance by >10%.
Highlights
Revenue growthFY26 projected growth of 12.6% YoY.
MarginsEBITDA margin projected at 13.2% for FY26.
Demand visibilityIncreasing mechanization and government credit support driving domestic demand.
Management confidenceHigh, leveraging Kubota global channels and technology.

Growth

FY26 revenue target of ₹11,473 Cr vs FY25 ₹10,187 Cr (~12.6% growth). PAT projected at ₹1,381 Cr for FY26.

Outlook

Aims to be a strategic global hub for tractors <110 HP; targeting 1.5X dealer network expansion.

Risks

Labour scarcity, domestic tractor industry cyclicality, and global market execution risks in competitive export regions.

Last quarter's promises, checked

Delivered

  • Guided FY26 Revenue ₹11,473 Cr → delivered ₹11,472.8 Cr (= BEAT)
  • Guided FY26 EBITDA Margin 13.2% → delivered 13.2% (= BEAT)
  • Guided FY26 Tractor Volume growth 15.7% → delivered 15.7% (= BEAT)

Partly delivered

  • Guided NBFC capital infusion ₹700 Cr → delivered ₹200 Cr to date (= PARTIAL)

Missed

  • Guided Construction Equipment volume growth → delivered -10.6% YoY (= MISS)
Source

Earnings Call filed with NSE, NSE: ESCORTS. Summary written with AI assistance from the document.

Read the document ↗

Escorts Kubota Ltd: key numbers

Share price
₹2,855.70
Market cap
₹31,949 Cr
Revenue (annual)
₹11,540 Cr
Net profit (annual)
₹2,394 Cr
P/E (TTM)
23.1×Sector 33.6×
Promoter holding
68.04%+0.00% QoQ
FII holding
6.36%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Escorts Kubota Ltd

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09:13 IST BSE
Management Change

Escorts Kubota Management Change

Escorts Kubota appoints Mr. Manish Sharma as President-Agri Business effective September 21, 2026. He will oversee Tractors, Agri Solutions, Service and Spare Parts globally.

17:47 IST NSE
Legal & Regulatory

Escorts Kubota Legal & Regulatory

Escorts Kubota Limited reported a Rs. 0.10 Crore GST penalty order due to goods detained in transit. The company intends to file an appeal against this order.

Value
₹0.10 Cr
17:49 IST BSE
Other Announcement

Escorts Kubota Other Announcement

Escorts Kubota Limited has cancelled its one-on-one virtual investor meeting with Saamya Advisors LLP, originally scheduled for September 18, 2026.

18:52 IST BSE
Promoter Buying (Off-Market)

Escorts Kubota Promoter Buying (Off-Market)

Niky Tasha Private Limited acquired 2,500 equity shares from Niky Tasha Communications Private Limited within the promoter group. This reflects an internal restructuring.

16:48 IST NSE
Product Launch

Escorts Kubota Product Launch

Escorts Kubota launched new tractor models: the 6055 Classic 'Dark Edition' and the PROMAXX 2.0 range. These additions commemorate three decades of the Farmtrac brand.