- Net income for Escorts Kubota in 1Q 2024 was 2.9 billion rupees, up 2.5% year-over-year. The estimate was 2.78 billion rupees.
- Revenue totaled 22.9 billion rupees, a decline of 1.7% year-over-year. The estimate was 23.26 billion rupees.
- Sales of agricultural machinery reached 16.8 billion rupees, an increase of 0.6% year-over-year. The estimate was 16.72 billion rupees.
- Construction equipment revenue was 3.7 billion rupees, up 2.8% year-over-year. The estimate was 3.76 billion rupees.
- Revenue from railway equipment fell to 2.45 billion rupees, a decline of 18% year-over-year. The estimate was 2.78 billion rupees (based on 2 estimates).
- Total costs amounted to 20.1 billion rupees, down 1.5% year-over-year.
- EBITDA stood at 3.27 billion rupees, a decline of 0.9% year-over-year. The estimate was 3.22 billion rupees.
- Analyst ratings for the company include 5 buys, 5 holds, and 11 sells.
A look at Escorts Kubota Limited Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Escorts Kubota Limited, a prominent player in India’s engineering industry, has garnered solid ratings in various key areas according to Smartkarma Smart Scores. With high marks for Resilience and Momentum, the company demonstrates strength and agility in navigating market challenges and seizing growth opportunities. These scores indicate a promising long-term outlook for Escorts Kubota Limited.
Benefiting from its position in sectors like Agri Machinery, Material Handling, Construction Equipment, and Railway Equipment, Escorts Kubota Limited has built a reputation for innovation and customer trust over several decades. Despite mixed scores in areas like Dividend and Value, the company’s strong performance in Growth, Resilience, and Momentum positions it well for sustained success in the future.
### Summary: Escorts Kubota Limited is a leading engineering conglomerate in India with a strong presence in key sectors such as Agri Machinery, Material Handling, Construction Equipment, and Railway Equipment. With a history of product and process innovations spanning over seven decades, the company has established trust with over 5 million customers. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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