|
14 Apr 2025 |
Escorts Kubota
|
Consensus Share Price Target
|
3178.20 |
3341.85 |
- |
5.15 |
hold
|
|
|
|
|
17 Mar 2025
|
Escorts Kubota
|
Geojit BNP Paribas
|
3178.20
|
3249.00
|
2961.75
(7.31%)
|
Target met |
Hold
|
|
|
|
|
11 Feb 2025
|
Escorts Kubota
|
Axis Direct
|
3178.20
|
3420.00
|
3129.70
(1.55%)
|
7.61 |
Hold
|
|
|
We maintain our HOLD rating on the stock.
|
|
11 Feb 2025
|
Escorts Kubota
|
Anand Rathi
|
3178.20
|
3900.00
|
3129.70
(1.55%)
|
22.71 |
Buy
|
|
|
Escorts’ Q3 PBT (incl. discontinued operations) grew 7% y/y to Rs4.2bn, below ARe of Rs4.4bn mainly due to less-than-expected agri machinery margins.
|
|
11 Feb 2025
|
Escorts Kubota
|
Emkay
|
3178.20
|
4000.00
|
3129.70
(1.55%)
|
25.86 |
Buy
|
|
|
Escorts (EKL) logged a strong Q3 with 8.5% growth in revenue from continued operations and 110bps QoQ EBITDA margin expansion to 11.4%. EKL has guided to robust domestic tractor industry outlook for 4Q (~15% YoY growth).
|
|
11 Feb 2025
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3178.20
|
2533.00
|
3129.70
(1.55%)
|
20.30 |
Sell
|
|
|
Q3 tractors volume rose by 25% YoY (combined volume from JV partners) aided by industry growth, realisation fell 13%
|
|
11 Nov 2024
|
Escorts Kubota
|
BP Wealth
|
3178.20
|
|
3620.90
(-12.23%)
|
|
Results Update
|
|
|
|
|
08 Nov 2024
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3178.20
|
2426.00
|
3635.50
(-12.58%)
|
23.67 |
Sell
|
|
|
Q2 tractors volume fell by 1% YoY (combined volume from JV partners post amalgamation) despite healthy industry growth
|
|
08 Nov 2024
|
Escorts Kubota
|
Axis Direct
|
3178.20
|
3290.00
|
3635.50
(-12.58%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock
|
|
08 Nov 2024
|
Escorts Kubota
|
Motilal Oswal
|
3178.20
|
3560.00
|
3635.50
(-12.58%)
|
Target met |
Neutral
|
|
|
Escorts Kubota’s (ESCORTS) 2QFY25 operating performance was stable YoY as the company reported flattish revenue/EBITDA growth YoY.
|
|
08 Oct 2024
|
Escorts Kubota
|
Emkay
|
3178.20
|
4700.00
|
3855.40
(-17.56%)
|
47.88 |
Buy
|
|
|
We upgrade Escorts to BUY from ADD with revised TP of Rs4,700/sh at 30x Sep26E PER (rolled over) + Rs320 cash/sh. The recently-concluded monsoons saw ~8% increase over the long period average, lifting the outlook for the upcoming crop cycles.
|
|
30 Sep 2024
|
Escorts Kubota
|
Hem Securities
|
3178.20
|
4974.00
|
4328.00
(-26.57%)
|
56.50 |
Buy
|
|
|
|
|
03 Aug 2024
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3178.20
|
2514.00
|
3905.20
(-18.62%)
|
20.90 |
Sell
|
|
|
Q1 tractors volume dipped 3.2% YoY as weakness persisted in export markets and domestic market lost market share
|
|
02 Aug 2024
|
Escorts Kubota
|
Axis Direct
|
3178.20
|
4205.00
|
3905.20
(-18.62%)
|
Target met |
Hold
|
|
|
With limited upside potential at CMP, we maintain our HOLD rating on the stock.
|
|
02 Aug 2024
|
Escorts Kubota
|
Motilal Oswal
|
3178.20
|
3725.00
|
3905.20
(-18.62%)
|
Target met |
Neutral
|
|
|
Escorts Kubota (ESCORTS)’s 1QFY25 result was largely in line with our estimate. While the Agri and Railway segment margins were slightly down YoY.
|
|
14 May 2024
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3178.20
|
2530.00
|
3654.05
(-13.02%)
|
20.40 |
Sell
|
|
|
Q4 tractor volumes dipped 14% YoY, with domestic share recovered but overall market share recovery weak as exports volume declined
|
|
10 May 2024
|
Escorts Kubota
|
Axis Direct
|
3178.20
|
3500.00
|
3553.30
(-10.56%)
|
Target met |
Hold
|
|
|
With limited upside potential (less than 10%) at CMP, we maintain our HOLD rating on the stock.
|
|
09 May 2024
|
Escorts Kubota
|
Motilal Oswal
|
3178.20
|
3145.00
|
3445.35
(-7.75%)
|
Target met |
Neutral
|
|
|
Escorts Kubota (Escorts)’s 4QFY24 result was broadly in line. Standalone EBITDA margin came in at 12.8% (down 70bp QoQ). The near-term business outlook appears weak, especially for the agri segment, due to the ongoing election, lower groundwater level, and weak Rabi output.
|
|
24 Apr 2024
|
Escorts Kubota
|
IDBI Capital
|
3178.20
|
3490.00
|
3250.65
(-2.23%)
|
Target met |
Buy
|
|
|
|
|
19 Apr 2024
|
Escorts Kubota
|
SBI Securities
|
3178.20
|
3589.20
|
3106.70
(2.30%)
|
Target met |
Buy
|
|
|
|
|
08 Apr 2024
|
Escorts Kubota
|
IDBI Capital
|
3178.20
|
3490.00
|
3072.25
(3.45%)
|
Target met |
Buy
|
|
|
|