āagman

Not investment advice. Data and computed figures, for information only.

Escorts Kubota Ltd

NSE: ESCORTS
₹2,751.00
+₹24.40 (+0.89%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹30,548 Cr
CMP
₹2,751.00
52-wk High / Low
₹3,988 / 2,550
P/E
21.5
P/B
2.5
Book Value
₹1,106.0
Div Yield
1.21%
ROCE
14.0%
ROE
18.7%
Face Value
₹10
D/E
0.01

Price−23.1% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹2,308
√(22.5 × EPS × book value per share)
ROIC
8.4%
vs 12.3% sector median
Cash flow to profit
0.58
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−181
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.8%
ROE × earnings retention ratio
ROE stability
3.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.65DII −1.01
Latest quarter vs the previous one
Cash-accrual divergence
7.0%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 56.0% since FY2016 (368 to 162)
+FII holding rose by 1.7pp over the last year
+PE of 21.5x is below the sector median of 43.6x
Watch-outs
−Latest ROCE of 14% trails the sector median of 19%
−Price trades below its 200-day moving average (0.9x)
−Price is 31.0% below its 52-week high
−Promoter holding fell by 4.9pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,3552,4782,7282,3012,5742,2772,9482,4452,5002,7923,2802,9683,208
Expenses2,0242,2142,4022,0152,2592,0472,6162,1582,1792,4322,8462,5882,853
Operating Profit331264325285315230332287321360435381354
OPM %14.1%10.7%11.9%12.4%12.2%10.1%11.3%11.7%12.8%12.9%13.3%12.8%11.0%
Other Income99941291331401401431781,260134102122208
Interest39111211104545665
Depreciation40585759596162626062646965
Profit before tax3862903863473852994103981,518427466428492
Net Profit2902112992703023243213181,397318358321386
EPS (₹)26.2419.0527.0124.4327.3028.9828.6628.46124.8828.4432.0328.6534.50

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,1133,4324,1455,0596,2625,8107,0147,2838,4299,80410,24411,54012,248
Expenses4,0393,2713,8784,5065,5395,1495,8886,3177,6598,6739,08010,04410,718
Operating Profit731612685537236611,1269667701,1301,1641,4961,529
OPM %1.8%4.7%6.5%10.9%11.5%11.4%16.1%13.3%9.1%11.5%11.4%13.0%12.5%
Other Income12431365899881601742285256011,618566
Interest58513229201713151342292022
Depreciation6958637387107118132150224244255260
Profit before tax70822085097156251,1559938351,3901,4922,8381,813
Net Profit76701313474784728727366371,0771,2652,3941,383
EPS (₹)6.235.7610.7128.3139.0738.5364.6355.8248.2697.44113.06213.99123.62

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 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—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity343−10212304460−2347971,129322247891,0031,381
Cash from Investing Activity−7017−44−155−374−18−421−2,195−1,856−62−759−194−1,127
Cash from Financing Activity−2301−191−113−1191−3001,0031,810−7125−702−420
Net Cash Flow438−233685−6176−63−149154107−166

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %17.07.08.013.026.028.021.028.016.011.014.011.014.0
ROE %————————————18.7
EPS (₹)20.136.235.7610.7128.3139.0738.5364.6355.8248.2697.44113.06213.99
Book Value (₹)————————————1,106.0
Face Value (₹)————————————10
P/E————————————21.5
Div Yield %————————————1.21
NPM %3.81.82.03.16.87.58.012.29.97.410.411.718.2
OPM %6.01.84.76.011.012.011.016.013.09.012.011.013.0
D/E0.230.260.250.160.020.110.020.010.010.010.050.010.01
P/B————————————2.5

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+13.0%
5 years+10.0%
3 years+11.0%
TTM+20.0%
Compounded profit growth
10 years+37.0%
5 years+20.0%
3 years+47.0%
TTM+21.0%
Stock price CAGR
10 years+22.0%
5 years+12.0%
3 years−7.0%
Last year−25.0%
Return on equity
10 years14.0%
5 years13.0%
3 years14.0%
Last year19.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters42.98%42.98%40.07%40.08%40.25%36.59%28.10%72.90%67.65%68.04%68.04%68.04%
FIIs16.47%16.47%24.37%24.60%19.28%25.95%3.57%4.66%5.85%5.21%5.71%6.36%
DIIs3.82%3.82%5.39%3.31%9.98%5.60%0.39%8.10%9.75%11.34%11.66%10.65%
Government————————————
Public36.73%36.73%30.17%32.01%27.99%29.71%66.13%12.68%14.90%13.72%12.93%13.29%
No. of shareholders89,53989,53994,7431,14,4161,12,2091,38,5761,64,0631,40,5531,40,7051,35,0981,31,3031,38,521
Change since Jun 2023 (pp)
Promoters +25.06FIIs −10.11DIIs +6.83Public −23.44

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Monthly Business UpdatesAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026RecordingMay 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026PPT

Corporate actions

As of 3 Jul 2026
3 Jul 2026DIVIDENDDividend - Rs 33 Per Share—
16 Feb 2026DIVIDENDSpecial Dividend - Rs 18 Per Share—
4 Jul 2025DIVIDENDDividend - Rs 18 Per Share—
14 Feb 2025DIVIDENDInterim Dividend - Rs 10 Per Share—
5 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 18 Per Share—
30 Jun 2023DIVIDENDAnnual General Meeting/Dividend - Rs 7 Per Share—
30 Jun 2022DIVIDENDAnnual General Meeting/Dividend - Rs 7 Per Share—
15 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 5 Per Share/Special Dividend - Rs 2.50 Per Share—
13 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 2.5 Per Sh—
11 Jul 2019DIVIDEND Dividend Rs - 2.50 Per Share—
23 Aug 2018DIVIDEND Dividend-Rs 2 Per Share—
7 Sep 2017DIVIDEND Dividend - Rs 1.50 Per Share—
8 Sep 2016DIVIDEND Dividend - Rs 1.20/- Per Share—
3 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 1.20/- Per Share—
4 Sep 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 0.60/- Per Share—
14 Oct 2013DIVIDENDInterim Dividend Rs 1.20/- Per Share—
7 Mar 2013DIVIDENDAnnual General Meeting/Dividend Rs 1.20 Per Share—
1 Mar 2012DIVIDENDDividend-Rs.1.50 Per Share—
10 Feb 2011DIVIDENDAnnual General Meeting And Dividend Rs.1.50 Per Share—
25 Feb 2010DIVIDENDDividend-Rs.1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman