Escorts Kubota logo

Escorts Kubota share price

NSE: ESCORTSBSE: 500495Agricultural, Commercial & Construction VehiclesMid Cap

Escorts Kubota Limited · Formerly Escorts · Face value ₹10 · Listed Jul 1961 on BSE, Mar 1995 on NSE
Last close ₹2,654.50up ₹78.60 (3.05%)BSE ₹2,659.60

Share price at the NSE close on 27 Oct 2026. Previous close ₹2,575.90.

27 Oct: open ₹2,570.00, high ₹2,720.00, low ₹2,565.00

52-week range of traded prices to 27 Oct 2026
₹2,550.10Low, 1 Oct 2026₹3,987.80High, 6 Jan 2026
Market cap
₹29,698 Cr238th largest listed
P/E
21.47
P/B
2.40
Dividend yield
1.92%
ROE
12.2%
ROCE
10.2%
Debt to equity
0.00
Volume, NSE
86,42761.0% delivered

Escorts Kubota share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−27.5%over a year · Nifty 500 −8.8%

ResultsDividend20-session average 79,483 shares a day, 47.7% delivered

About Escorts Kubota

Escorts Kubota Limited makes tractors, farm machinery, engines and construction equipment for farmers, contractors, infrastructure developers and industrial customers in India and abroad.12 Its registered office is in Faridabad, Haryana.3

Its business is split between an Agri Machinery segment, covering tractors and a non-tractor business of agri solutions, engines, and spare parts and services, and a Construction Equipment segment, which makes pick-and-carry cranes, backhoe loaders, mini excavators and compactors.45 Its tractors are sold under the Farmtrac, Powertrac and Kubota brands, farm implements and machines under Farmpower and Kubota, and construction equipment under E-Kubota.678 Its wholly owned subsidiary Escorts Kubota Finance Limited finances buyers of Escorts and Kubota products.910

H.P. Nanda and Yudi Nanda founded Escorts in Lahore in 1944.11 In 2024 the company merged Kubota Agricultural Machinery India and Escorts Kubota India, its joint ventures with Kubota, into itself.129 It sold its Railway Equipment Division to Sona Comstar, completing the transfer on 1 Jun 2025, to focus on agri machinery and construction equipment.1312 Kubota Corporation of Japan, which makes machinery for agriculture, construction and water, is its holding company with a 54.07% stake.141516 Nikhil Nanda is its Chairman and Managing Director.17

Escorts Kubota key points

Results

  • In the quarter to Jun 2026, consolidated revenue from continuing operations was ₹3,207.6 crore, up 28.3%; EBITDA (earnings before interest, tax, depreciation and amortisation) ₹354.5 crore, up 10.3%; net profit from continuing operations ₹385.9 crore, up 4.5%, which the company said is not directly comparable.18
  • In the year to Mar 2026, consolidated revenue from continuing operations was ₹11,540.3 crore, up 12.7%, and EBITDA was ₹1,496.4 crore.19
  • Consolidated profit after tax for the year to Mar 2026 was ₹1,366.4 crore from continuing operations. Including discontinued operations (the railway equipment division), it was ₹2,394.1 crore, against ₹1,265.0 crore a year earlier.20
  • For the year to Mar 2026, the board recommended a final dividend of ₹33 a share; with a special dividend of ₹18 a share paid during the year, the total dividend was ₹51 a share.21

Market position

  • Escorts Kubota's share of the domestic tractor market was about 10.9% in the year to Mar 2026.22
  • In the quarter to Jun 2026, Escorts Kubota's domestic tractor sales rose 22.9% to 35,457 against industry growth of 18.6%, a market share gain of 36 basis points (hundredths of a percentage point).23
  • Escorts Kubota's construction equipment market share (the quarter's figures as per ICEMA)2425
    Itemquarter to Jun 2026year to Mar 2026
    Pick-and-carry cranes38.3%41.4%
    Mini excavators17.7%19.5%
  • Escorts Kubota's share of India's tractor exports rose to 6.3% in the year to Mar 2026; in the quarter to Jun 2026 its exports fell to 1,405 tractors from 1,733.2627

Business segments

  • Agri Machinery. In the quarter to Jun 2026, Agri Machinery revenue rose 26.8% to ₹2,766.5 crore from ₹2,181.5 crore, at an EBIT (earnings before interest and tax) margin of 10.8% against 12.6%. Agri Machinery made 85% of revenue in the year to Mar 2026.2829
  • Construction Equipment. In the quarter to Jun 2026, Construction Equipment revenue rose 39.2% to ₹419.6 crore and volumes rose 27.4% to 1,344 machines. Construction Equipment made 15% of revenue in the year to Mar 2026.3031
  • Tractor volumes. Escorts Kubota's tractor sales rose 15.7% to 1,33,670 in the year to Mar 2026, a record for the company: 1,26,994 in India, up 14.9%, and 6,676 exported, up 33.8%.3233
  • Agri Machinery mix34
    Itemquarter to Jun 2026quarter to Jun 2025
    Non-tractor (agri solutions, engines, spare parts and service) to tractor revenue19:8118:82
    Tractors below 40 HP to above 40 HP, units sold32:6836:64

Plants and capacity

  • Escorts Kubota has 3 tractor and component plants in Faridabad, Haryana, 1 each in Pune and Chennai, and 1 in Poland held by a wholly owned subsidiary; tractor assembly capacity is 1,70,000 units a year, 77% used in the year to Mar 2026.35
  • Escorts Kubota makes construction equipment at 1 plant at Ballabhgarh, Haryana, with production capacity of 10,000 units a year, 47% of it used in the year to Mar 2026.36

Expansion and capital spending

  • In its exchange filing of 19 Aug 2026, the company said its new Uttar Pradesh plant, built in phases with indicative investment of over ₹2,000 crore, would add up to 60,000 tractors and 15,000 construction equipment units a year in its first phase.37
  • On its earnings call of 3 Aug 2026, the company said it expects capital spending of about ₹850 crore to ₹900 crore in the year to Mar 2027, including ₹450 crore to ₹500 crore on land for the greenfield plant.38

What the company expects

  • On its earnings call of 3 Aug 2026, asked about the tractor industry's outlook, the company said it was looking at mid-single-digit growth in the year to Mar 2027, with its own tractor exports roughly flat.3940
  • On its earnings call of 3 Aug 2026, the company said it expects construction equipment industry volumes to grow about 12% to 15% in the year to Mar 2027, with the highest growth in mini excavators and cranes.41
  • On its earnings call of 3 Aug 2026, the company said about 250 dealers had been onboarded by its captive finance arm (its own lending subsidiary for buyers), and that it expects 40% to 50% of dealerships to be covered by Mar 2027.4243

Recent events

  • On 19 Aug 2026, Escorts Kubota broke ground on a greenfield plant on a 154-acre site at Sector 10, Gautam Buddha Nagar, in the Yamuna Expressway industrial area of Uttar Pradesh.44
  • On 12 Feb 2026, CRISIL Ratings revised to Positive from Stable its outlook on Escorts Kubota's AA+ credit rating (an agency's view of ability to repay) for long-term bank facilities, and reaffirmed its A1+ short-term rating.45

Litigation and regulatory matters

  • The State Tax Officer in Chennai dropped goods and services tax demands of ₹299.24 crore in Jan 2026 and ₹46.79 crore on 26 Mar 2026, ending all demands from its May 2025 notices, which Escorts Kubota had contested.4647

Last updated

All 47 sources, each with its page
  1. 1. Annual report, 19 Jun 2026, page 41
  2. 2. Annual report, 19 Jun 2026, page 296
  3. 3. Annual report, 19 Jun 2026, page 1
  4. 4. Annual report, 19 Jun 2026, page 92
  5. 5. Annual report, 19 Jun 2026, page 94
  6. 6. Annual report, 19 Jun 2026, page 216
  7. 7. Annual report, 19 Jun 2026, page 218
  8. 8. Annual report, 19 Jun 2026, page 224
  9. 9. Annual report, 19 Jun 2026, page 79
  10. 10. Annual report, 19 Jun 2026, page 89
  11. 11. Annual report, 19 Jun 2026, page 56
  12. 12. Annual report, 19 Jun 2026, page 57
  13. 13. Annual report, 19 Jun 2026, page 230
  14. 14. Annual report, 19 Jun 2026, page 298
  15. 15. Annual report, 19 Jun 2026, page 24
  16. 16. Annual report, 19 Jun 2026, page 3
  17. 17. Annual report, 19 Jun 2026, page 557
  18. 18. Earnings call, 3 Aug 2026, page 4
  19. 19. Annual report, 19 Jun 2026, page 230
  20. 20. Annual report, 19 Jun 2026, page 230
  21. 21. Annual report, 19 Jun 2026, page 87
  22. 22. Annual report, 19 Jun 2026, page 80
  23. 23. Earnings call, 3 Aug 2026, page 4
  24. 24. Investor presentation, 3 Aug 2026, page 20
  25. 25. Annual report, 19 Jun 2026, page 81
  26. 26. Annual report, 19 Jun 2026, page 87
  27. 27. Earnings call, 3 Aug 2026, page 4
  28. 28. Earnings call, 3 Aug 2026, page 5
  29. 29. Annual report, 19 Jun 2026, page 156
  30. 30. Earnings call, 3 Aug 2026, page 5
  31. 31. Annual report, 19 Jun 2026, page 156
  32. 32. Annual report, 19 Jun 2026, page 87
  33. 33. Annual report, 19 Jun 2026, page 215
  34. 34. Investor presentation, 3 Aug 2026, page 17
  35. 35. Annual report, 19 Jun 2026, page 92
  36. 36. Annual report, 19 Jun 2026, page 94
  37. 37. Exchange filing, 19 Aug 2026, page 2
  38. 38. Earnings call, 3 Aug 2026, page 14
  39. 39. Earnings call, 3 Aug 2026, page 6
  40. 40. Earnings call, 3 Aug 2026, page 14
  41. 41. Earnings call, 3 Aug 2026, page 11
  42. 42. Earnings call, 3 Aug 2026, page 12
  43. 43. Earnings call, 3 Aug 2026, page 15
  44. 44. Exchange filing, 19 Aug 2026, page 2
  45. 45. Exchange filing, 12 Feb 2026, page 1
  46. 46. Exchange filing, 30 Jan 2026, page 1
  47. 47. Exchange filing, 27 Mar 2026, page 1

Results

Consolidated; ₹ crore.Escorts Kubota quarterly results

Revenue growth, 12 months
+18.0%
Net profit growth, 12 months
−41.4%

Quarter to Jun 2026, against the quarter before

Revenue
₹3,208 Crup 8.07%
Net profit
₹386 Crup 20.41%
Net margin
12.0%

Revenue by quarter

₹2,488 CrSep 24₹2,948 CrDec 24₹2,445 CrMar 25₹2,500 CrJun 25₹2,792 CrSep 25₹3,280 CrDec 25₹2,968 CrMar 26₹3,208 CrJun 26

Net profit by quarter, a loss in red

₹324 CrSep 24₹321 CrDec 24₹318 CrMar 25₹1,397 CrJun 25₹318 CrSep 25₹358 CrDec 25₹321 CrMar 26₹386 CrJun 26

The quarters either side of a change of basis do not compare. From the quarter to Dec 2024, the company reports a discontinued business.

₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue2,4882,9482,4452,5002,7923,2802,9683,208
Net profit3243213181,397318358321386
Net margin13.0%–––11.4%10.9%10.8%12.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Dec 2024, Mar 2025 and Jun 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

Share of revenue, year to Mar 2026, consolidated. That year's accounts report a discontinued business, which these segments may include.Segment revenue and profit

  • Agri machinery products₹9,841 Crup 15.72%84.4%
  • Construction equipments₹1,686 Crdown 2.55%14.5%
  • Revenue from discontinued operations₹134 Cr1.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2025: days before it are of the company before the change.Escorts Kubota PE ratio and valuation

Price to earnings

At or below today's level on 21% of 2,373 trading days over the last 10 years.

LowestHighest
Its median30.08Industry median24.88
Price to book

At or below today's level on 0.4% of 1,098 trading days over the last 5 years.

LowestHighest
Its median3.63Industry median4.84
Dividend yield

At or below today's level on 99.9% of 2,450 trading days over the last 10 years.

LowestHighest
Its median0.34%Industry median0.74%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−13.8%+89.2%−55.4%1.9%
3 years+14.3%+64.3%−31.1%1.1%
5 years+17.1%+27.1%−8.5%0.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Escorts Kubota shareholding pattern

Shareholding by group

  • Promoters68.04%
  • Foreign institutions7.08%
  • Indian institutions10.00%
  • Individuals and others13.24%
  • Employee trusts1.64%
Holder
KUBOTA CORPORATION, JapanPromoter54.07%
HAR PARSHAD AND COMPANY PRIVATE LIMITEDPromoter9.59%
Escorts Employees Benefit and Welfare Trust (Anil Kumar Chandrashekaran, Trustee)Employee benefit trusts1.64%
AMANSA HOLDINGS PRIVATE LIMITEDForeign portfolio investors, category I1.64%
BIG APPLE CLOTHING PRIVATE LIMITEDPromoter1.58%
REKHA JHUNJHUNWALAResident individuals, over ₹2 lakh at face value1.53%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.72 pts, Indian institutions −0.65 pts, mutual funds −0.86 pts.

Mutual fund holdings

103 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 65 of the 72 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 103 funds holding Escorts Kubota

Bought again
1
Added
37
Cut
35
Held unchanged
29
Sold out
5
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Escorts Kubota insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 5 off-market moves
  • Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Escorts Kubota competitors and peers

Agricultural, Commercial & Construction Vehicles, 16 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Escorts Kubota in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Tata Motors logoTata MotorsTMCV1,47,01723.289.62––49.4%47.5%1.00%
Ashok Leyland logoAshok LeylandASHOKLEY83,40924.005.86+16.5%+8.3%26.3%11.9%2.46%
BEML logoBEMLBEML16,64693.425.67+12.8%−40.4%6.1%8.1%0.85%
Action Construction Equipment logoAction Construction EquipmentACE12,34328.256.14+5.2%+3.3%24.1%24.5%0.19%
SML Mahindra logoSML MahindraSMLMAH6,91747.0312.35+22.4%+3.9%29.3%35.0%0.49%
Ajax Engineering logoAjax EngineeringAJAXENGG6,24227.394.48––17.9%18.2%0.00%
V.S.T Tillers Tractors logoV.S.T Tillers TractorsVSTTILLERS3,34730.733.06+17.0%−5.0%10.4%13.2%0.65%
TIL logoTILTIL1,665––+21.3%–−31.8%2.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Escorts Kubota dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.5Mar 172Mar 182.5Mar 192.5Mar 207.5Mar 217Mar 227Mar 2318Mar 2428Mar 2551Mar 26
Highest ₹51.00 a share, year to Mar 2026.
Ex-dateTypePer share
3 Jul 2026Final₹33.00
16 Feb 2026Special₹18.00
4 Jul 2025Final₹18.00
14 Feb 2025Interim₹10.00
5 Jul 2024Final₹18.00
30 Jun 2023Final₹7.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Escorts Kubota announcements

Escorts Kubota share price by year

Each calendar year to 2025.Escorts Kubota share price history

YearClose at year endChangeHighest closeLowest close
20253,719.80+11.6%3,847.802,868.95
20243,332.55+11.7%4,374.702,701.40
20232,983.10+39.4%3,413.751,831.85
20222,140.15+12.1%2,346.601,444.80
20211,908.70+51.4%1,908.851,118.60
20201,260.40+100.2%1,432.40550.75
2019629.60−10.8%821.55432.65
2018706.10−10.3%1,004.30556.30
2017787.45+165.4%787.45320.75
2016296.70+72.6%408.70117.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 20262,609.302,627.402,575.002,575.902,585.351,75,01183.6%
23 Oct 20262,631.002,645.902,595.002,627.002,625.7553,33444.1%
22 Oct 20262,684.102,684.102,625.002,636.902,645.2458,51545.4%
21 Oct 20262,700.802,725.902,676.702,720.402,697.7925,30645.4%
19 Oct 20262,737.502,740.002,689.002,706.802,713.4044,68040.6%
16 Oct 20262,722.102,761.202,692.002,751.002,742.6427,32546.5%
15 Oct 20262,689.102,743.402,669.502,726.602,718.7733,47845.4%
14 Oct 20262,672.202,696.402,660.002,689.102,686.1325,31847.3%
13 Oct 20262,673.002,696.002,640.002,672.202,659.8639,28145.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
21 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Chairperson and managing director
Nikhil Nanda
At the end of the quarter to Jun 2026
NSE symbol
ESCORTS
BSE code
500495
ISIN
INE042A01014
Industry
Agricultural, Commercial & Construction Vehicles
CIN
L74899HR1944PLC039088
Corporate identity number, the registrar of companies' code for it
Incorporated
1944
Registered office
15/5, Mathura Road, Faridabad 121003, Haryana
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments