MarketFriction

Escorts Kubota Ltd

NSE ESCORTS · BSE 500495 · Tractors
₹2,667.30 -1.76%
NSE close2026-10-01
52 week range2,700.00 - 3,987.80
Market cap₹30,276 Cr.
P/E21.3
Nifty 500Midcap 150Nifty MNC Price band 20% Delivery 27.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,4782,7282,3012,5742,2772,9482,4452,5002,7923,2802,9683,208
Expenses2,2142,4022,0152,2592,0472,6162,1582,1792,4322,8462,5882,853
Operating Profit264325285315230332287321360435381354
OPM %11%12%12%12%10%11%12%13%13%13%13%11%
Other Income941291331401401431781,260134102122208
Interest9111211104545665
Depreciation585759596162626062646965
Profit before tax2903863473852994103981,518427466428492
Tax %27%23%22%22%-8%22%20%8%26%23%25%22%
Net Profit2112992703023243213181,397318358321386
EPS in Rs19.0527.0124.4327.3028.9828.6628.46124.8828.4432.0328.6534.50
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,4324,1455,0596,2625,8107,0147,2838,4299,80410,24411,54012,248
Expenses3,2713,8784,5065,5395,1495,8886,3177,6598,6739,08010,04410,718
Operating Profit1612685537236611,1269667701,1301,1641,4961,529
OPM %4.7%6%11%12%11%16%13%9%12%11%13%12%
Other Income31365899881601742285256011,618566
Interest513229201713151342292022
Depreciation58637387107118132150224244255260
Profit before tax822085097156251,1559938351,3901,4922,8381,813
Tax %15%37%32%33%25%25%26%24%23%15%16%
Net Profit701313474784728727366371,0771,2652,3941,383
EPS in Rs5.7610.7128.3139.0738.5364.6355.8248.2697.44113.06213.99123.62
Dividend Payout %21%14%7%6%6%12%13%14%18%25%24%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%10%11%20%
Compounded Profit Growth37%20%47%21%
Stock Price CAGR22%13%-5%-21%
Return on Equity14%13%14%19%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital119123123123123123135132132110112112
Reserves1,7111,3441,4982,0932,5512,9954,8917,4688,0559,27810,25512,261
Borrowings4843682655128148615257448105162
Other Liabilities1,2351,1341,3131,7061,7531,8491,7911,4561,8412,5632,6233,257
Total Liabilities3,5502,9683,1993,9734,7075,0146,8789,10810,08512,40013,09515,792
Fixed Assets1,5961,5391,5811,5881,6471,7021,7961,8411,8912,1652,0532,146
CWIP56583566801256588114161153200
Investments373642125494917971,9384,8364,7675,0195,6058,281
Other Assets1,5261,3071,3711,7702,4892,3903,0792,3433,3135,0545,2845,165
Total Assets3,5502,9683,1993,9734,7075,0146,8789,10810,08512,40013,09515,792
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-10212304460-2347971,129322247891,0031,381
Cash from Investing Activity17-44-155-374-18-421-2,195-1,856-62-759-194-1,127
Cash from Financing Activity1-191-113-1191-3001,0031,810-7125-702-420
Net Cash Flow8-233685-6176-63-149154107-166
Free Cash Flow-65166238354-3876071,013-120115217571,069
CFO/OP15%127%130%102%-2%147%123%30%53%91%117%130%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days374040435446344051534738
Inventory Days647058617384566273907067
Days Payable921151171321071239466758782100
Cash Conversion Cycle9-5-19-29217-3364957355
Working Capital Days-17-39-39-26129-4303931251
ROCE %7%8%13%26%28%21%28%16%11%14%11%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.65%67.65%67.65%67.65%68.04%68.04%68.04%68.04%68.04%68.04%68.04%68.04%
FIIs6.69%5.01%5.85%6.44%6.32%5.89%5.21%5.22%5.27%5.25%5.71%6.36%
DIIs9.34%10.54%9.75%10.37%10.21%10.20%11.34%11.43%11.80%12.20%11.66%10.65%
Public14.41%14.90%14.90%13.82%13.73%14.17%13.72%13.64%13.22%12.86%12.93%13.29%
Others1.92%1.90%1.86%1.73%1.70%1.68%1.68%1.67%1.66%1.66%1.65%1.65%
No. of Shareholders1,32,7921,40,3681,40,7051,33,9231,33,0761,40,7921,35,0981,37,6311,34,6581,28,1221,31,3031,38,521

Fundamentals

Market Cap₹ 30,276 Cr.
Current Price₹ 2,706
Stock P/E21.3
Book Value₹ 1,106
ROCE13.9 %
ROE18.7 %
Dividend Yield1.22 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)21%
Consolidated figures.
Valuation
Market capRs 29,841 Cr
Enterprise valueRs 29,164 Cr
P/E (TTM)21.58x
Price to book2.41x
Price to sales2.44x
EV / EBITDA13.92x
EV / EBIT15.90x
EV / sales2.38x
Price to cash flow21.61x
Earnings yield4.63%
Dividend yield1.91%
P/E, 3-year average23.35x
P/B, 3-year average3.08x
P/E, 5-year average27.91x
P/B, 5-year average3.05x
Profitability
Operating margin (excl. other income)12.97%
Operating margin (incl. other income)26.98%
EBITDA margin17.11%
Pre-tax margin14.80%
Net profit margin11.29%
Net margin, latest quarter12.03%
ROE21.06%
ROCE24.85%
ROA16.58%
ROE, 3-year average15.37%
ROCE, 3-year average18.56%
ROA, 3-year average12.03%
ROE, 5-year average13.17%
ROCE, 5-year average16.43%
ROA, 5-year average10.38%
ROIC (approx.)13.23%
Tax rate15.65%
Other income / net worth13.07%
Growth
Sales growth (latest year)12.66%
Profit growth (latest year)89.27%
Sales CAGR, 3 years11.04%
Sales CAGR, 5 years10.47%
Profit CAGR, 3 years55.50%
Profit CAGR, 5 years22.40%
Sales growth QoQ8.07%
Profit growth QoQ20.41%
Sales growth YoY (latest quarter)28.30%
Profit growth YoY (latest quarter)-72.38%
Per share
EPS (TTM)Rs 123.61
EPS (latest year)Rs 213.99
EPS (latest quarter)Rs 34.50
EPS, 3-year averageRs 141.50
EPS, 5-year averageRs 105.71
Book value per shareRs 1,105.92
Sales per shareRs 1,094.74
Cash flow per shareRs 123.45
Free cash flow per shareRs 95.55
Dividend per share (latest year)Rs 51.00
Dividend per share, 3-year averageRs 32.33
Dividend per share, 5-year averageRs 22.20
Dividends
Dividend payout23.83%
Dividend payout, 3-year average22.36%
Dividend payout, 5-year average18.82%
Efficiency
Asset turnover0.73x
Fixed asset turnover5.38x
Inventory turnover5.79x
Inventory days63 days
Debtor days38 days
Debtors turnover9.60x
Creditor days100 days
Cash conversion cycle5 days
Working capital days1 days
Leverage
Total debtRs 162 Cr
Cash and bankRs 839 Cr
Net debtRs -677 Cr
Debt to equity0.01x
Net debt / EBITDA-0.32x
Interest coverage84.82x
Current ratio (filing 2026-03-31)3.25x
Quick ratio (filing 2026-03-31)2.78x
Trade payables (filing 2026-03-31)Rs 2,193 Cr
Owners' fund to total sources78.35%
Debt to assets1.03%
Cash flow
Cash from Operating Activity (latest year)Rs 1,381 Cr
Cash from Investing Activity (latest year)Rs -1,127 Cr
Cash from Financing Activity (latest year)Rs -420 Cr
Net Cash Flow (latest year)Rs -166 Cr
Free cash flow (latest year)Rs 1,069 Cr
FCFE (approx.: FCF + change in debt)Rs 1,126 Cr
Cash from ops / profit, 5 years0.56x
Sales to cash flow8.36x
Statement figures
Net sales (TTM)Rs 12,248 Cr
Net sales (latest year)Rs 11,540 Cr
Sales (latest quarter)Rs 3,208 Cr
Operating profit excl. other income (latest year)Rs 1,496 Cr
Operating profit (latest quarter)Rs 354 Cr
Other income (TTM)Rs 566 Cr
EBITDA (TTM)Rs 2,095 Cr
PBDT (TTM)Rs 2,073 Cr
Profit before tax (TTM)Rs 1,813 Cr
Tax (latest year)Rs 444 Cr
Net profit (TTM)Rs 1,383 Cr
Net profit (latest year)Rs 2,394 Cr
Net profit (latest quarter)Rs 386 Cr
Depreciation (TTM)Rs 260 Cr
Depreciation (latest quarter)Rs 65 Cr
Interest (TTM)Rs 22 Cr
Cost of goods sold (latest year)Rs 8,521 Cr
Total expenditure (latest year)Rs 10,044 Cr
Total income (latest year)Rs 13,158 Cr
Share capitalRs 112 Cr
ReservesRs 12,261 Cr
Shareholders' fundsRs 12,373 Cr
Total assetsRs 15,792 Cr
Net blockRs 2,146 Cr
Capital work in progressRs 200 Cr
InvestmentsRs 8,281 Cr
ReceivablesRs 1,203 Cr
InventoryRs 1,472 Cr
Other liabilitiesRs 3,257 Cr
Shares outstanding (crore)11.19
Ownership
Promoter holding68.04% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 21.6 is at the 32th percentile of its own 9.4-year range (median 28.0, low 11.0, high 85.6).
P/B 2.41 is at the 4th percentile (median 3.80).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodESCORTSNifty 50Difference
1 week-5.5%-2.8% -2.7 pts
1 month-11.6%-6.8% -4.8 pts
3 months-10.0%-7.6% -2.4 pts
6 months-2.7%+0.4% -3.1 pts
1 year-26.0%-9.9% -16.0 pts
2 years-37.0%-13.6% -23.4 pts
3 years-16.3%+14.2% -30.4 pts
5 years+81.2%+27.9% +53.3 pts
95 mutual fund schemes hold about ₹3,144 Cr. Over three months 77 bought more and 15 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Mid Cap Fund0.82%890 +9%
HDFC Focused Fund1.43%403 +10%
HDFC Flexi Cap Fund0.32%359 +6%
HDFC Large & Mid Cap Fund0.82%248 +10%
Franklin India Mid Cap Fund1.13%148 +8%
ICICI Pru Mid Cap Fund1.51%127 +6%
ICICI Pru Mid Cap Fund1.51%120 +6%
Nippon India Small Cap Fund0.14%118 +7%
HDFC Multi Cap Fund0.56%116 +11%
HDFC Manufacturing Fund1.06%112 +9%
Franklin India Large & Mid Cap Fund1.02%37 +8%
Aditya Birla SL MNC Fund0.91%30 +12%
Baroda BNP Paribas Mid Cap Fund1.13%30 +7%
HDFC Transportation and Logistics Fund1.42%30 -4%
Helios Mid Cap Fund1.28%28 +100%
UTI Transportation & Logistics Fund0.60%26 -15%
Mahindra Manulife Aggressive Hybrid Fund(M0.80%22 -0%
Baroda BNP Paribas Large Cap Fund0.82%22 +5%
Groww Multicap Fund1.42%21 +100%
Helios Large & Mid Cap Fund1.38%19 +100%
Nippon India Retirement Fund-Wealth Creation0.58%18 +12%
Baroda BNP Paribas Multi Asset Fund1.05%15 +10%
Groww Small Cap Fund1.94%15 +100%
Nippon India MNC Fund2.99%13 +11%
HDFC Infrastructure Fund0.55%13 -33%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 57% of pre-tax profit in 2026
lookRegulator order or action Regulator order or action 2026-09-17: Escorts Kubota Limited has informed the Exchange about Action(s) taken or orders passed
lookAuditor change Auditor change 2026-08-03: Escorts Kubota Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2021-09-08Sharad Kumar GuptaEmployees/Designated Employeother4,000Rs 0.35 CrOff Market
2021-09-02Ajay MandahrEmployees/Designated Employeother2,000Rs 0.17 CrESOP
2021-08-30Baljinder Singh Rana-sell3,000Rs 0.41 CrMarket Sale
2021-08-27Baljinder Singh Rana-sell3,000Rs 0.41 CrMarket Sale
2021-08-27Ajay Mahadhar-sell1,000Rs 0.14 CrMarket Sale
2021-08-26BaljinderSingh Rana-other6,000Rs 0.52 CrESOP
2021-08-25Anil Kumar C-sell1,500Rs 0.20 CrMarket Sale
2021-08-13Ajay Mandahr-sell1,000Rs 0.13 CrMarket Sale
2021-08-13Neeraj MehraEmployees/Designated Employesell2,000Rs 0.26 CrMarket Sale
2021-08-11Neeraj Mehra-other2,000Rs 0.17 CrESOP
2021-08-11Ajay Mandahr-other2,000Rs 0.17 CrESOP
2021-08-10Bhaskara RaoKomarneni-sell3,800Rs 0.47 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹3,208 Cr +28.3% vs Jun 2025. Net profit ₹386 Cr -72.4%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Dividend - Rs 33 Per Share
2026-02-16Special Dividend - Rs 18 Per Share
2025-07-04Dividend - Rs 18 Per Share
2025-02-14Interim Dividend - Rs 10 Per Share
2024-07-05Annual General Meeting/Dividend - Rs 18 Per Share
2023-06-30Annual General Meeting/Dividend - Rs 7 Per Share
2022-06-30Annual General Meeting/Dividend - Rs 7 Per Share
2021-07-15 Annual General Meeting/Dividend - Rs 5 Per Share/Special Dividend - Rs 2.50 Per Share
2020-08-13 Annual General Meeting/Dividend - Rs 2.5 Per Sh
2019-07-11 Dividend Rs - 2.50 Per Share
2018-08-23 Dividend-Rs 2 Per Share
2017-09-07 Dividend - Rs 1.50 Per Share
2016-09-08 Dividend - Rs 1.20/- Per Share
2015-09-03 Annual General Meeting/ Dividend - Rs 1.20/- Per Share
2014-09-04Annual General Meeting / Final Dividend - Re 0.60/- Per Share
2013-10-14Interim Dividend Rs 1.20/- Per Share
2013-03-07Annual General Meeting/Dividend Rs 1.20 Per Share
2012-03-01Dividend-Rs.1.50 Per Share
2011-02-10Annual General Meeting And Dividend Rs.1.50 Per Share
2010-02-25Dividend-Rs.1/- Per Share
2009-12-23Annual Book Closure
2008-12-23Annual Book Closure
2007-12-27Annual Book Closure
2006-12-21Annual Book Closure
DateTypeWhat it says
2026-10-01Monthly updateMonthly Business Updates for the month of September 2026
2026-09-25Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-23Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-21Change in ManagementChange in Management
2026-09-18General UpdatesESG Rating(s)
2026-09-17Regulatory actionAction(s) taken or orders passed
2026-09-16General UpdatesCancellation of scheduled Analyst/ Institutional Investor Meeting
2026-09-15Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-15Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-15Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-15Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-14Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-14Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-10Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-07Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-07Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-07Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-03General UpdatesESG Rating(s)
2026-09-02Press ReleaseA press release dated September 02, 2026, titled "Escorts Kubota marks three decades of Farmtrac with the 6055 Classic Dark Edition and the PROMAXX 2....
2026-09-01Concall / analyst meetSchedule of Analyst/ Investor Meet
2026-09-01Monthly updateMonthly Business Updates for the month of August 2026
2026-08-26Concall / analyst meetSchedule of Investor/ Analyst meet
2026-08-26Concall / analyst meetSchedule of Investor/ Analyst meet
2026-08-26Concall / analyst meetSchedule of Investor/ Analyst meet
2026-08-22Regulatory actionAction(s) taken or orders passed
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-16NCLTEscorts Ltd. Vs :
2020-12-16NCLTEscorts Finance Ltd. Vs -
2019-12-03CESTATESCORTS LTD ---VS.--- COMMISSIONER OF CUSTOMS (PREVENTIVE),-NEW DELHI
2019-08-29CESTATESCORTS LTD ---VS.--- C.C.(PREVENTIVE)
2019-07-26CESTATESCORTS LTD ---VS.--- C.C.(PREVENTIVE)
2019-07-03CESTATESCORTS LTD ---VS.--- C.C.(PREVENTIVE)
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Escorts Kubota Ltd?

Escorts Kubota Ltd (ESCORTS) has a market capitalisation of Rs 30,276 Cr. at the 2026-10-01 close.

What is the P/E ratio of Escorts Kubota Ltd?

Escorts Kubota Ltd trades at a P/E of 21.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Escorts Kubota Ltd's latest quarterly results?

In the Jun 2026 quarter, Escorts Kubota Ltd sales was Rs 3,208 Cr (+28.3% vs Jun 2025) and net profit was Rs 386 Cr.

What is the 52-week high and low of Escorts Kubota Ltd?

The 52-week high is Rs 3,987.80 and the 52-week low is Rs 2,700.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03