|
16 Jul 2025 |
Escorts Kubota
|
Consensus Share Price Target
|
3340.80 |
3359.26 |
- |
0.55 |
hold
|
|
|
|
|
25 Jun 2025
|
Escorts Kubota
|
Geojit BNP Paribas
|
3340.80
|
3801.00
|
3304.60
(1.10%)
|
13.78 |
Buy
|
|
|
With a pickup in rural demand and improved crop output, we anticipate early signs of recovery in tractor sales. Additionally, upcoming product launches in both the construction *over or under performance to benchmark index equipment and tractor segments are expected to support overall volume growth. Margins are likely to remain resilient at current levels, driven by easing raw material costs and ongoing cost optimization efforts. However, due to a slower-than-expected ramp-up in exports, the strategic benefits from Kubota's partnership in the agribusiness segment may take longer to materialize, reflecting the challenges in international markets. The near-term...
|
|
08 May 2025
|
Escorts Kubota
|
Motilal Oswal
|
3340.80
|
3227.00
|
3195.20
(4.56%)
|
Target met |
Neutral
|
|
|
Escorts Kubota’s (ESCORTS) Q4 results were ahead of our estimates, with better-than-expected margins in the tractor segment. Both MM and tractors reported a healthy margin revival QoQ in a seasonally weak quarter.
|
|
17 Mar 2025
|
Escorts Kubota
|
Geojit BNP Paribas
|
3340.80
|
3249.00
|
2961.75
(12.80%)
|
Target met |
Hold
|
|
|
|
|
11 Feb 2025
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3340.80
|
2533.00
|
3129.70
(6.75%)
|
24.18 |
Sell
|
|
|
Q3 tractors volume rose by 25% YoY (combined volume from JV partners) aided by industry growth, realisation fell 13%
|
|
11 Feb 2025
|
Escorts Kubota
|
Axis Direct
|
3340.80
|
3420.00
|
3129.70
(6.75%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock.
|
|
11 Feb 2025
|
Escorts Kubota
|
Emkay
|
3340.80
|
4000.00
|
3129.70
(6.75%)
|
19.73 |
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
|
Anand Rathi
|
3340.80
|
3900.00
|
3129.70
(6.75%)
|
16.74 |
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 Nov 2024
|
Escorts Kubota
|
BP Wealth
|
3340.80
|
|
3620.90
(-7.74%)
|
|
Results Update
|
|
|
|
|
08 Nov 2024
|
Escorts Kubota
|
Axis Direct
|
3340.80
|
3290.00
|
3635.50
(-8.11%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock
|
|
08 Nov 2024
|
Escorts Kubota
|
Motilal Oswal
|
3340.80
|
3560.00
|
3635.50
(-8.11%)
|
Target met |
Neutral
|
|
|
Escorts Kubota’s (ESCORTS) 2QFY25 operating performance was stable YoY as the company reported flattish revenue/EBITDA growth YoY.
|
|
08 Nov 2024
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3340.80
|
2426.00
|
3635.50
(-8.11%)
|
27.38 |
Sell
|
|
|
Q2 tractors volume fell by 1% YoY (combined volume from JV partners post amalgamation) despite healthy industry growth
|
|
08 Oct 2024
|
Escorts Kubota
|
Emkay
|
3340.80
|
4700.00
|
3855.40
(-13.35%)
|
40.68 |
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
|
3340.80
|
4974.00
|
4328.00
(-22.81%)
|
48.89 |
Buy
|
|
|
|
|
03 Aug 2024
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3340.80
|
2514.00
|
3905.20
(-14.45%)
|
24.75 |
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
|
Motilal Oswal
|
3340.80
|
3725.00
|
3905.20
(-14.45%)
|
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.
|
|
02 Aug 2024
|
Escorts Kubota
|
Axis Direct
|
3340.80
|
4205.00
|
3905.20
(-14.45%)
|
Target met |
Hold
|
|
|
With limited upside potential at CMP, we maintain our HOLD rating on the stock.
|
|
14 May 2024
|
Escorts Kubota
|
BOB Capital Markets Ltd.
|
3340.80
|
2530.00
|
3654.05
(-8.57%)
|
|
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
|
3340.80
|
3500.00
|
3553.30
(-5.98%)
|
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
|
3340.80
|
3145.00
|
3445.35
(-3.03%)
|
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
|
3340.80
|
3490.00
|
3250.65
(2.77%)
|
Target met |
Buy
|
|
|
|