Escorts - Guides for Market Share Gains in FY26
Escorts (EKL) logged a strong Q3 with 8.5% growth in revenue from continued operations and 110bps QoQ EBITDA margin expansion to 11.4%.
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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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Monthly Volume Update - Strong 2W/Tractor Volumes; CVs/ PV a Mixed Bag
Mar’25 Wholesale Volumes: Domestic PV industry sales grew by 5% YoY, approximately, driven by strong volumes from Toyota, M&M, and Kia, while...
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