Escorts Kubota Q1 results, quarter to Jun 2026

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

Escorts Kubota Limited · Formerly Escorts · Face value ₹10 · Listed Jul 1961 on BSE, Mar 1995 on NSE

₹2,706.30₹51.80 (1.95%)BSE ₹2,705.60

Share price at the NSE close on 28 Oct 2026. Previous close ₹2,654.50.

28 Oct: open ₹2,654.00, high ₹2,720.50, low ₹2,624.50

52-week range of traded prices to 28 Oct 2026

₹2,550.10Low, 1 Oct 2026₹3,987.80High, 6 Jan 2026

Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹30,277 Cr238th largest listed
P/E: 21.89
P/B: 2.45
Dividend yield: 1.88%
ROE: 12.2%
ROCE: 10.2%
Debt to equity: 0.00
Volume, NSE: 30,43442.0% delivered

Escorts Kubota filed its Q1 results for the quarter to Jun 2026 on 3 Aug 2026 at 6:35 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Escorts Kubota annual results and balance sheet

Revenue: ₹3,208 Cr+28.3% on a year ago · +8.1% on the quarter before
Operating profit: ₹354 Cr+10.3% on a year ago · −6.9% on the quarter before
Net profit: ₹386 Cr−72.4% on a year ago · +20.4% on the quarter before
Earnings per share: ₹35.08−72.4% on a year ago · +20.4% on the quarter before
Operating margin: 11.1%
Net margin: 12.0%

From revenue to net profit, ₹ crore

Revenue3,208
Materials and goods−2,332
Employee costs−211
Other expenses−311
Operating profit354
Depreciation−65
Other income+208
Finance costs−5.2
Profit before tax492
Tax−106
Net profit386

Escorts Kubota results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1Filed 1 Aug	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024Filed 7 Nov	Dec 2024Q3	Mar 2025Q4Filed 8 May	Jun 2025Q1Filed 4 Aug	Sep 2025Q2Filed 4 Nov	Dec 2025Q3	Mar 2026Q4Filed 7 May	Jun 2026Q1Filed 3 Aug
Revenue from operations	1,674	1,984	1,879	2,032	1,891	2,291	2,214	2,355	2,059	2,342	2,094	2,310	2,488	2,948	2,445	2,500	2,792	3,280	2,968	3,208
	1,464	1,720	1,638	1,828	1,741	2,100	1,981	2,024	1,799	2,027	1,833	1,985	2,224	2,615	2,157	2,179	2,432	2,846	2,588	2,853
Materials and goods bought	1,109	1,389	1,321	1,462	1,368	1,707	1,585	1,645	1,395	1,623	1,424	1,573	1,722	2,153	1,696	1,728	1,934	2,329	2,044	2,332
Employee costs	143	137	122	140	152	156	160	151	170	167	161	165	206	203	204	188	208	215	215	211
Other expenses	212	194	195	226	222	237	236	228	233	238	248	247	296	259	257	262	291	302	329	311
Operating profit before depreciation	210	265	240	204	149	191	233	331	261	314	261	325	265	333	288	321	360	435	381	354
Operating margin	12.6%	13.3%	12.8%	10.0%	7.9%	8.4%	10.5%	14.1%	12.7%	13.4%	12.4%	14.1%	10.6%	11.3%	11.8%	12.9%	12.9%	13.3%	12.8%	11.1%
Depreciation and amortisation	33	33	34	37	37	38	38	40	41	42	44	43	64	62	62	60	62	64	69	65
Other income	66	41	63	36	78	92	76	94	95	104	106	106	116	110	132	156	134	154	122	208
Finance costs	4	4	4	3	3	3	4	3	3	3	4	2	10	4	5	4	5	6	6	5
Profit before one-off items and tax	238	268	266	199	188	242	267	382	312	373	318	386	307	378	353	414	427	518	428	492
One-off items	0	0	0	0	−53	0	0	0	0	0	0	0	0	0	−2	76	0	−52	0	0
Profit before tax	238	268	266	199	135	242	267	382	312	373	318	386	307	378	351	490	427	466	428	492
	61	68	67	51	31	55	61	96	80	95	81	98	−17	89	79	120	109	108	107	106
Current tax	59	63	58	49	43	44	35	80	71	82	70	87	36	99	70	90	102	101	97	115
Deferred tax	2	5	9	2	−12	11	26	17	8	13	11	11	−53	−10	9	30	7	6	10	−8
Tax rate	25.6%	25.3%	25.4%	25.6%	23.0%	22.7%	22.9%	25.3%	25.6%	25.5%	25.4%	25.4%	−5.6%	23.6%	22.6%	24.6%	25.5%	23.1%	25.0%	21.6%
Share of profit of joint ventures and associates	−4	−7	−8	−8	−5	−6	11	5	−9	6	15	5	0	0	0	–	–	–	–	–
Profit from discontinued businesses	–	–	–	–	–	–	–	–	–	–	–	–	–	33	47	1,028	–	–	–	–
	173	194	190	141	99	181	216	290	223	284	252	293	324	321	318	1,397	318	358	321	386
Belonging to the company's shareholders	173	194	191	141	99	181	216	290	223	284	252	293	324	321	318	1,397	318	358	321	386
Belonging to outside owners of subsidiaries	0	0	−1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other comprehensive income	−2	3	2	2	−1	2	0	0	0	1	0	1	−2	0	0	1	−1	2	5	−3
Total comprehensive income	172	196	192	142	98	182	216	290	223	285	252	294	322	320	318	1,398	317	361	325	383
Net margin	10.4%	9.8%	10.1%	6.9%	5.2%	7.9%	9.8%	12.3%	10.8%	12.1%	12.0%	12.7%	13.0%	–	–	–	11.4%	10.9%	10.8%	12.0%
Net margin without joint ventures and associates	10.6%	10.1%	10.6%	7.3%	5.5%	8.1%	9.3%	12.1%	11.3%	11.9%	11.3%	12.5%	13.0%	–	–	–	–	–	–	–
Earnings per share	₹17.62	₹19.74	₹18.56	₹13.01	₹9.14	₹16.70	₹19.99	₹26.76	₹20.61	₹26.20	₹23.23	₹27.02	₹29.48	₹29.16	₹28.96	₹127.01	₹28.92	₹32.57	₹29.13	₹35.08
Diluted earnings per share	₹17.59	₹19.67	₹18.51	₹12.99	₹9.12	₹16.68	₹19.96	₹26.73	₹20.57	₹26.15	₹23.20	₹26.99	₹29.46	₹29.14	₹28.94	₹126.96	₹28.91	₹32.56	₹29.12	₹35.07

Earnings per share in rupees, restated for later splits and bonuses. 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.

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

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Escorts Kubota segment results by year

Agri machinery products
Revenue, ₹ crore
1,407
1,679
1,401
1,693
1,897
2,429
1,989
2,198
2,446
2,787
2,410
2,791
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
168
232
154
222
172
252
224
274
311
375
267
298
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Construction equipments
Revenue, ₹ crore
416
457
477
370
380
516
454
301
338
490
556
420
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
42
38
51
38
35
57
41
17
13
32
71
23
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	2,057	2,341	2,091	2,308	2,488	2,945	2,443	2,633	2,784	3,277	2,967	3,211
Company revenue, as in its results	2,059	2,342	2,094	2,310	2,488	2,948	2,445	2,500	2,792	3,280	2,968	3,208
Revenue	1,407	1,679	1,401	1,693	1,897	2,429	1,989	2,198	2,446	2,787	2,410	2,791
Revenue growth	−3.8%	−3.2%	−11.7%	0.0%	34.8%	–	–	–	–	14.7%	21.2%	27.0%
Profit	168	232	154	222	172	252	224	274	311	375	267	298
Profit growth	37.2%	60.0%	−0.8%	−2.8%	2.4%	–	–	–	–	48.5%	19.4%	8.6%
Margin	11.9%	13.8%	11.0%	13.1%	9.0%	10.4%	11.2%	12.5%	12.7%	13.4%	11.1%	10.7%
Assets	3,805	3,604	3,752	3,600	5,453	4,666	4,625	4,752	5,281	4,568	5,121	5,339
Liabilities	1,338	1,110	1,263	1,307	2,119	1,863	2,015	2,124	2,334	2,145	2,640	2,911
Capital employed	2,467	2,494	2,489	2,293	3,334	2,803	2,610	2,628	2,947	2,423	2,482	2,428
Revenue	416	457	477	370	380	516	454	301	338	490	556	420
Revenue growth	71.9%	49.3%	23.8%	2.7%	−8.6%	–	–	–	–	−5.0%	22.6%	39.2%
Profit	42	38	51	38	35	57	41	17	13	32	71	23
Profit growth	–	453.6%	64.3%	40.5%	−17.1%	–	–	–	–	−42.8%	71.2%	29.4%
Margin	10.2%	8.3%	10.7%	10.4%	9.3%	11.0%	9.1%	5.8%	3.8%	6.6%	12.7%	5.4%
Assets	357	354	389	362	504	603	545	443	411	457	453	436
Liabilities	317	293	350	300	378	415	344	305	344	395	455	421
Capital employed	40	62	40	61	126	188	201	138	67	62	−2	15
Revenue	–	–	–	–	–	–	–	134	0	0	0	–
Profit	–	–	–	–	–	–	–	0	0	0	0	–
Margin	–	–	–	–	–	–	–	0.0%	–	–	–	–
Assets	–	–	–	–	–	–	–	0	0	0	0	–
Liabilities	–	–	–	–	–	–	–	0	0	0	0	–
Capital employed	–	–	–	–	–	–	–	0	0	0	0	–
	–	–	–	–	–	0	0	0	0	0	0	–
Profit	–	–	–	–	–	44	63	1,203	0	0	0	–
Assets	–	–	–	–	–	0	0	0	0	0	0	–
Liabilities	–	–	–	–	–	0	0	0	0	0	0	–
Capital employed	–	–	–	–	–	0	0	0	0	0	0	–
	–	–	–	–	–	–	0	–	–	–	–	–
Profit	–	–	–	–	–	–	0	–	–	–	–	–
Assets	–	–	–	–	–	–	551	–	–	–	–	–
Liabilities	–	–	–	–	–	–	0	–	–	–	–	–
Capital employed	–	–	–	–	–	–	551	–	–	–	–	–
	–	–	–	–	–	–	0	–	–	–	–	–
Profit	–	–	–	–	–	–	0	–	–	–	–	–
Assets	–	–	–	–	–	–	0	–	–	–	–	–
Liabilities	–	–	–	–	–	–	264	–	–	–	–	–
Capital employed	–	–	–	–	–	–	−264	–	–	–	–	–
	–	–	–	–	–	0	–	–	–	–	–	–
Profit	–	–	–	–	–	0	–	–	–	–	–	–
Assets	–	–	–	–	–	447	–	–	–	–	–	–
Liabilities	–	–	–	–	–	0	–	–	–	–	–	–
Capital employed	–	–	–	–	–	447	–	–	–	–	–	–
	–	–	–	–	–	0	–	–	–	–	–	–
Profit	–	–	–	–	–	0	–	–	–	–	–	–
Assets	–	–	–	–	–	0	–	–	–	–	–	–
Liabilities	–	–	–	–	–	96	–	–	–	–	–	–
Capital employed	–	–	–	–	–	−96	–	–	–	–	–	–
Revenue	234	205	213	245	211	–	–	–	–	–	–	–
Revenue growth	28.8%	−17.8%	−10.1%	−17.8%	−9.9%	–	–	–	–	–	–	–
Profit	43	38	36	50	32	–	–	–	–	–	–	–
Profit growth	62.4%	15.6%	8.6%	−19.6%	−25.6%	–	–	–	–	–	–	–
Margin	18.5%	18.4%	16.9%	20.5%	15.2%	–	–	–	–	–	–	–
Assets	416	402	501	449	407	–	–	–	–	–	–	–
Liabilities	76	88	159	97	92	–	–	–	–	–	–	–
Capital employed	340	315	343	352	315	–	–	–	–	–	–	–
	0	0	0	0	0	–	–	–	–	–	–	–
Profit	0	0	0	0	0	–	–	–	–	–	–	–
Assets	0	0	0	0	0	–	–	–	–	–	–	–
Liabilities	5	5	4	4	4	–	–	–	–	–	–	–
Capital employed	−5	−5	−4	−4	−4	–	–	–	–	–	–	–
Revenue	3	0	2	2	1	3	2	1	7	4	2	−3
Profit	0	0	0	0	0	0	0	0	0	0	0	0
Assets	6,067	6,338	6,624	7,134	6,302	7,054	7,377	9,543	9,372	10,159	10,225	10,673
Liabilities	281	286	319	351	240	241	111	546	505	402	336	364

Profit is before tax and finance costs, the way companies report their segments.