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Company details

1,645.40
1,715.00
1,183.20
1,930.00
6M Return -8.47%
1Y Return 41.13%
Mkt Cap.(Cr) 22,237.34
Volume 21,928
Div Yield 0.42%
OI
-
OI Chg %
-
Volume 21,928

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Call Date

04 Aug 2022

Entry Price

1,625.00

Target Price

1,650.00

Duration

12-18 Month

Rapid Results

Q1FY23 Quarterly Result Announced for Escorts Kubota Ltd.

Auto company Escorts Kubota announced Q1FY23 results:

  • Standalone:
    • Tractor volumes up by 3.3% at 26,797 units
      • Domestic tractor volume up by 0. 4% at 24,608 units
      • Export tractor volumes up by 52.5% at 2,189 units, highest ever in any quarter
    • Construction Equipment volumes up by 59.4% at 966 units
    • Standalone EBIDTA at Rs 201.6 crore
    • Standalone Net Profit at Rs 147. 5 crore 
    • Revenue from operations was at Rs 2,014.9 crores in quarter ended June 2022 as against Rs 1,677.0 cores in corresponding quarter of the previous fiscal.
  • Consolidated:
    • Revenue from operations was at Rs 2,032.1 crore in quarter ended June 2022, up by 19.0% as against Rs 1,707.3 crore in corresponding quarter of the previous fiscal.
    • Consolidated net profit recorded at Rs 140.6 crore in quarter ended June 30, 2022 as against a profit of Rs 178.5

Speaking on the results, Mr. Nikhil Nanda, Chairman and Managing Director, said, "We are excited to be Escorts Kubota Limited (EKL) now. During the first quarter of current fiscal industry in Agri sector has witnessed positive trend, after 3 quarter of degrowth. With onset of monsoon, and likely record kharif crop production, rural liquidity and farmer sentiments are expected to gradually improve. In our construction business, we have outperformed the industry in our served markets and expect growth momentum to continue with Government's thrust on infrastructure development. We are witnessing good order booking in our Railway Business and expect a strong fiscal going ahead. With recent Government actions, Inflation may stabilise in near term and operating leverage may further possibly help in partially diluting the impact on margins in coming quarters."

 

 

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 7,818.05 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 2,384.58 26,714.51
LAST 3M 44,802.10 -10,395.59
LAST 6M 126,363.03 -151,237.01
LAST 12M 215,488.67 -219,483.31
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jun 30, 2022 Dividend 70
Jul 15, 2021 Dividend 50
Jul 15, 2021 Dividend 25

Information

  • About Company
  • Company Info
  • Listing Info
31.1
72.9%
592.5432
15.6%
11.65%
Description
  • Escorts Limited is engaged in manufacturing engines for earthmoving and material handling equipment, agricultural tractors, hydraulic shock absorbers, internal combustion engines, etc. used by railways and has a market capitalization of Rs. 17,039 crores as of 16th August '2021. The company was incorporated in 1944. It has a total quarterly income of 1,701.79 crores at the end of June 2021. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned code 500495 and scrip code ESCORTS. As of 16th August '2021, Escorts was trading at Rs. 1263.90.

    Escorts is an Indian multinational conglomerate located in Faridabad, Haryana. The corporation has marketing operations in over 40 countries and focuses on three core businesses: agricultural machinery, construction equipment, and railway equipment. Agri Machinery contributes 77% of revenue, Construction Equipment contributes 15% of revenue and Railway Equipment contributes 8% of revenue. The company manufactures tractors under brand names Powertrac, Farmtrac, and Steeltrac. During the period 2020-21, the company achieved a historic milestone of 1,00,000 tractor sales & production in a financial year had sold approximately 1,06,741 tractors. The promoters’ holding in the company stood at 36.59% in June 2021 as compared to 40.25% during a year-ago period. Pledged promoter holding is zero. Foreign Institutional Investors (FII) have decreased their holding by 4.67% in the last three months.

    In June 2021, standalone quarterly profit more than doubled to 185.2 crores, tractor volumes up by 42.9% at 25,935 units, Construction Equipment volumes up by 159 % at 606 units, and Railway division revenue up by 117.5%. At the consolidated level, revenue from operations stood at Rs. 1,710.8 crores, up by 56.2% as against Rs. 1,089.3 crores in the corresponding quarter. Consolidated Net Profit recorded at 178.5 crores up by 92.8% as against a profit of Rs. 92.6 crores in corresponding last fiscal. EPS of the corporate has increased to Rs. 18.13 up by 68.2% as against Rs. 10.78 in the corresponding quarter and Rs. 27.03 in the sequential quarter. Escorts shares closed at 1263.75 as of 16th August 2021 and have given a return of 9.64% returns over the last 12 months.

Read More

Registered Address

15/5 Mathura Road, , Faridabad, Haryana, 121003

Tel : 91-0129-2250222/4275/4254
Email : corpsect:ndb.vsnl.net.in
Website : http://www.escortsgroup.com

Registrar

Escorts Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500495
NSE Code : ESCORTS
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE042A01014

ICICIdirect Escorts Kubota Ltd FAQ

You can buy Escorts Kubota Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Escorts Kubota Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 10, 2022 04:01 PM the closing price of Escorts Kubota Ltd was ₹ 1,685.40.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 10, 2022 04:01 PM, the market cap of Escorts Kubota Ltd stood at ₹ 22,237.34.
The latest PE ratio of Escorts Kubota Ltd as of Aug 10, 2022 04:01 PM is 31.1
The latest PB ratio of Escorts Kubota Ltd as of Aug 10, 2022 04:01 PM is 0.36
The 52-week high of Escorts Kubota Ltd is ₹ 1,930.00 while the 52-week low is ₹ 1,183.20 .
According to analyst recommendations, Escorts Kubota Ltd has a “Buy” rating for the long term.

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