Escorts Kubota Ltd - EBITDA Margins to Remain Subdued in the Near Term
Agri-Business Outlook in India: In Q2FY25, Escort's tractor segment experienced a 1% YoY decline in total volumes (vs flat industry growth volumes).
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Escorts - Upgrade to BUY on Improving Growth Prospects, Exports Potential
The recently-concluded monsoons saw ~8% increase over the long period average, lifting the outlook for the upcoming crop cycles.
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Escorts Kubota Ltd - Strong Q4 EBITDA Margins Led by Growth in the CE Business
Hence, awaiting more clarity, we maintain our HOLD rating on the stock with a limited upside potential of 2% from the CMP. We suggest a ‘BUY on...
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Escorts Kubota Ltd - Q3: Strong EBITDA Margins; Muted Agri Business in the Short Term
The company reported Adjusted PAT of ~Rs 284 Cr (up 57%/27% YoY/QoQ), inline with our estimates (1% beat) led by higher share of profit from...
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Escorts Kubota Ltd - Operational Efficiencies To Drive Bottomline; Maintain BUY
Escorts Kubota Ltd. (EKL) reported revenue of Rs 2,059 Cr (up 9% YoY but down 12.6%QoQ) in Q2FY24, a slight miss on our estimates by 2% on lower...
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