Escorts Kubota Limited reported robust growth for the fiscal year ended March 31, 2026. The company achieved its highest-ever operating revenue of INR 11,472.8 crore, a 12.6% increase year-on-year. Record tractor sales of 133,670 units and strong EBITDA performance of INR 1,513 crore underscored a year of significant operational achievement, despite global geopolitical challenges and rising input costs. The company remains focused on farm mechanization and long-term infrastructure-led growth.
Annual Financial Highlights
For the financial year ended March 2026, Escorts Kubota Limited delivered impressive financial results. Operating revenue rose by 12.6% to reach INR 11,472.8 crore. The company saw its highest-ever EBITDA of INR 1,513 crore, reflecting a 28.5% year-on-year growth, with margins improving by 163 basis points to 13.2%. Net profit after tax from continuing operations reached an all-time high of INR 1,380.9 crore, marking a 24.4% increase over the previous fiscal.
Segmental Performance
The tractor business reached an all-time high volume of 133,670 units, a 15.7% increase, supported by strong rural sentiment and government farm mechanization initiatives. While the construction equipment segment experienced a transitional year with volumes at 5,794 units, the company demonstrated market share gains in the fourth quarter. The Agri Machinery segment generated revenue of INR 9,709.6 crore, benefiting from easing material costs and better operating leverage.
Strategic Outlook and Investments
Looking ahead to FY27, management anticipates a flattish industry outlook but remains confident in its ability to gain market share through new product launches and channel development. The company is actively investing in a greenfield facility with a planned spend of over INR 5,000 crore across the next 7 to 10 years. Furthermore, the company is scaling its captive finance division, having earmarked INR 700 crore to support retail sales and boost long-term business growth.
Shareholder Returns
Reflecting the strong financial performance, the Board recommended a final dividend of 330%, equivalent to INR 33 per share. Including the previously paid special dividend of INR 18 per share, the total payout for FY26 stands at INR 51 per share, representing an 82% increase compared to the previous year.
Source: BSE
