Neutral Escorts Kubota; target of Rs 3000: Motilal Oswal
Motilal Oswal recommended Neutral rating on Escorts Kubota with a target price of Rs 3000 in its research report dated November 04, 2023. Escorts Kubota Ltd - 500495 - Disclosure Pursuant To Regulation 30 Of SEBI Listing Regulations
Please find enclosed the disclosure u/r 30 of SEBI Listing Regulations. Escorts Kubota Ltd - 500495 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI LODR, we enclose the information, received from the shareholders of the Company, as detailed out in the letter dated November 6, 2023, issued by the Registrar and Share Transfer Agent of the Company, regarding loss of share certificate(s) of the Company. Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith the newspaper publication of the financial results. 
Escorts Kubota Results Earnings Call for Q2FY24
Conference Call with Escorts Kubota Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript. Q2FY24 Quarterly Result Announced for Escorts Kubota Ltd.
Commercial Vehicles company Escorts Kubota announced Q2FY24 results: 1. Financial Performance: - Escorts Kubota reported its highest-ever second-quarter standalone net profit of Rs 235 crore in Q2FY24, marking a significant increase from Rs 87.7 crore in Q2FY23. - Revenue from operations for Q2FY24 stood at Rs 2,046.2 crore, up by 8.6% compared to Q2FY23. - The company's standalone EBIDTA increased by 72.4% to Rs 263.3 crore, with a margin of 12.9%. - Standalone EPS increased by 221% to Rs 21.7. 2. Tractor Sales: - Tractor volumes for Escorts Kubota declined by 7.1% to 22,024 units in Q2FY24 compared to Q2FY23. - Domestic tractor sales accounted for 89% of the total tractor volume, while exports made up the remaining 11%. 3. Construction Equipment Performance: - Escorts Kubota recorded significant growth in its construction equipment segment, with sales volume increasing by 72% to 1,577 units in Q2FY24. - The revenue from the construction equipment segment also witnessed substantial growth, reaching a record Rs 415.8 crore in the quarter. 4. Railway Equipment: - Revenue from the railway equipment segment increased by 28.8% to Rs 234.3 crore in Q2FY24. - The segment's EBIT (Earnings Before Interest and Taxes) margin improved by 382 basis points to 18.5% due to better operating leverage and higher revenue. Result PDF Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed the investor''s presentation on financial results.