Escorts Kubota Limited · NSE:ESCORTS
Escorts Kubota — Q4 FY26 Earnings Presentation
31 slides from Escorts Kubota's earnings presentation, May 7, 2026
Slide 1: Covering letter to exchanges: Earning Presentation
Escorts Kubota Limited May 07, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra East, Mumbai – 400051 BSE – 500495 NSE - ESCORTS Sub: Copy of Earning Presentation Dear Sir/ Ma’am, Please fi
Slide 2: Q4 FY26 Earning Presentation
Escorts Kubota Limited Great Q4 FY26 | EARNING PRESENTATION Place To 7th May 2026 Work® Certified BSE: 500495 | NSE: ESCORTS JAN 2026-JAN 2027 INDIA 7-05-2026 Escorts Kubota Limited 1
Slide 3: Safe Harbor
Safe Harbor Escorts Kubota Limited Certain statements in this document may include forward-looking comments and information concerning the company’s plans and projections for the future, including estimates and assumptions with respect to economic, political, technological, weather, market acceptanc
Slide 4: Contents
Escorts Kubota Limited CONTENTS 01 02 03 Company Q4 Standalone FY Standalone Overview Highlights Highlights 04 05 07 Q4/FY Segment Wise Annexure & Consolidated Performance Narrations Highlights 7-05-2026 Escorts Kubota Limited 3
Slide 5: Q4 Standalone Highlights – Q4FY26 YoY
Escorts Kubota Limited Q4 Standalone Highlights – Q4FY26 YoY Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 34.9% 22.8% -12.1% Export Tractor Volume 2.1% -1.0% -3.2% Total Tractor Volume 30.9% 21.1% -9.8% PNC Volume -0.1% 21.6% 21.7% BHL Volume -2.3% -54.6% -52.3% Mini Excav
Slide 6: Q4 Standalone Highlights (Continuing Operations): EKL at a Glance
Q4 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 32,257 1,877 ₹ 2,950.7 Crore Tractors Volumes Construction Equipment’s Volume Revenue from Operations 21.1% -12.7% 9.2% 9.4% 21.4% -9.5% (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) ₹ 386.0 Crore ₹ 433.8 Crore
Slide 7: Q4 Standalone Highlights – P&L at a Glance
Escorts Kubota Limited Q4 Standalone Highlights – P&L at a Glance YoY QoQ Particulars Unit Q4FY26 Q4FY25 Q3FY26 (Change) (Change) Revenue from Operations ₹ Cr. 2,950.7 2,430.3 3,261.4 21.4% -9.5% Material Cost % 69.0 69.4 71.0 • -38 bps • -204 bps Manpower Cost % 7.0 8.2 6.4 • -112 bps • 63 bps Cont
Slide 8: Q4 YoY Revenue up by 21.4%; EBIT up by 20.9%
Q4 - YoY Revenue up by 21.4%; EBIT up by 20.9% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue Revenue Key Highlights 102.6 2,950.7 421.0 -3.2 • Tractor Sales up by 21.1% at 32,257 units 2,430.3 • Construction Equipment Sales up by 9.2% at 1,877 units Q4FY25 AM CE Unallocated Q4FY26 ■ I
Slide 9: Q4 QoQ Revenue down by 9.5%; EBIT down by 17.0%
Q4 - QoQ Revenue down by 9.5%; EBIT down by 17.0% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue 3,261.4 66.6 2,950.7 -373.8 -3.5 Revenue Key Highlights • Tractor Sales down by 12.7% at 32,257 units • Construction Equipment Sales up by 9.4% at 1,877 units Q3FY26 AM CE Unallocated Q4FY2
Slide 10: Q4FY26 Standalone Highlights – EKL at a Glance
Escorts Kubota Limited Q4FY26 Standalone Highlights –EKL at a Glance ₹ 29.52 14.2% 10.5% Return on Capital Employed Return on Equity Earning Per Share (Annualized) (Annualized) ~85% ~70% Capacity Utilization Capacity Utilization Tractors Construction Equipment 7-05-2026 Standalone Financials Escorts
Slide 11: Standalone Highlights – FY26 YoY
Escorts Kubota Limited Standalone Highlights – FY26 YoY Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 23.5% 14.9% -8.6% Export Tractor Volume 6.9% 33.8% 26.9% Total Tractor Volume 21.9% 15.7% -6.2% PNC Volume -13.5% -7.8% 5.7% BHL Volume -9.2% -48.1% -38.9% Mini Excavator 3
Slide 12: FY26 Standalone Highlights (Continuing Operations)
FY26 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 1,33,670 5,794 ₹ 11,472.8 Crore Tractors Volumes Construction Equipment’s Volume Revenue Operations 15.7% -10.6% 12.6% ₹ 1,513.0 Crore ₹ 1,805.5 Crore ₹ 1,380.9 Crore EBIDTA Profit Before Tax and Exceptional It
Slide 13: FY Standalone Highlights – P&L at a Glance
Escorts Kubota Limited FY Standalone Highlights – P&L at a Glance Particulars I Unit I FY26 I FY25 I Variance Revenue from Operations ₹ Cr. 11,472.8 10,187.0 • 12.6% Material Cost % 69.7 70.8 • -116 bps Continuing Operations Manpower Cost % 7.0 7.4 • -43 bps EBIDTA ₹ Cr. 1,513.0 1,177.8 • 28.5% EBID
Slide 14: FY26 YoY Revenue up by 12.6%; EBIT up by 30.9%
FY26 - YoY Revenue up by 12.6%; EBIT up by 30.9% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue (YoY) 1,332.4 11,472.8 -44.2 -2.4 10,187.0 Revenue Key Highlights • Tractor Sales up by 15.7% to 1,33,670 units • Construction Equipment Sales down by 10.6% to 5,794 units FY25 AM CE Unalloc
Slide 15: FY26 Standalone Highlights – EKL at a Glance
Escorts Kubota Limited FY26 Standalone Highlights –EKL at a Glance ₹ 125.5 Earning Per Share 15.6% 11.8% (from continuing operations) Return on Capital Employed Return on Equity ₹ 218.9 ~77% ~47% Earning Per Share Capacity Utilization Capacity Utilization (Including Discontinued operations) Tractors
Slide 16: Normalised Profit (PAT)
Escorts Kubota Limited Normalised Profit (PAT) YoY Particulars Unit FY26 FY25 I I I I (Change) PAT from Continuing operations ₹ Cr. 1,381.0 1,110.0 24.4% PAT from Discontinued Operations ₹ Cr. 1,027.6 140.9 629.4% Reported PAT (Total) ₹ Cr. 2,408.6 1,250.9 92.5% Impact of Labour code ₹ Cr. 39.3 Impa
Slide 17: Segment Wise Performance
Escorts Kubota Limited Segment Wise Performance 7-05-2026 Escorts Kubota Limited 16
Slide 18: Segmental Revenue Contribution
Escorts Kubota Limited Segmental Revenue Contribution Revenue in 2,950.7 2,430.3 3,261.4 10,187.0 11,472.8 ₹. Crore 15% 17% 15% 19% 19% % of Revenue 85% 83% 85% 81% 81% Q 4 F Y2 6 Q 4 F Y2 5 Q 3 F Y2 6 F Y2 5 F Y2 6 ■ Agri Machinery Products ■ Construction Equipments 7-05-2026 XX% Segmental Contribu
Slide 19: Agri Machinery Products
Escorts Kubota Limited Agri Machinery Products Tractor Business Non-Tractor Business i • K3R5 A Kubota Brand i i •• • • Reliable Parts, Value for the Price. i • i • i • i • ··-··-··-··-··-··-··r- ··-··-··-··-·· _j. Agri Solution Engine Spare Parts and Service Global Sourcing • i• 7-05-2026 Escorts K
Slide 20: Tractor Industry and EKL Tractor Business (Quarterly)
Escorts Kubota Limited Tractor Industry and EKL Tractor Business 40 .0% Domestic Industry (in Lakhs) 39,000 EKL Domestic Volume (Nos.) 35 .0% -17.7% QoQ 35,373 -13.9% QoQ 34,000 3.29 30 .0% 34.9% YoY 22.8% YoY -----· ------ 30,444 29,000 2.71 25 .0% 24,000 2.01 24,801 20 .0% 19,000 12.4% 15 .0% 10.8
Slide 21: Tractor Industry and EKL Tractor Business (Annual)
Escorts Kubota Limited Tractor Industry and EKL Tractor Business Domestic Industry (in Lakhs) EKL Domestic Volume (Nos.) 1,40,000 19 .0% I --------+ 23.5% YoY 11.60 14.9% YoY 1,26,994 17 .0% 1,20,000 -------• 9.40 1,10,563 15 .0% 1,00,000 11.8% 13 .0% 80,000 10.9% 11 .0% 60,000 9.0% 40,000 7.0% 20,0
Slide 22: Agri Machinery Products – Segment Performance
Escorts Kubota Limited Agri Machinery Products – Segment Performance YoY QoQ YoY Particulars I Unit I Q4FY26 I (Change) I (Change) FY26 I (Change) Revenue ₹ Cr. 2,395.7 21.3% -13.5% 9,779.6 15.8% EBIT % 11.3% -15 bps -227 bps 12.6% 190 bps Capacity Utilization Tractors % ~85 ~77 ROCE (Annualized) %
Slide 23: Construction Equipments
Construction Equipments NA PREFERRED PART 7-05-2026 Escorts Kubota Limited 22
Slide 24: Construction Equipment Business Performance
Escorts Kubota Limited Construction Equipment Business Performance Served Industry Performance (000’s) As per ICEMA ------ .. I -r 75.1 -6.9% YoY 3.9% YoY I 21.8 69.7 20.9 13.4% QoQ - - - - - - - _I 19.1 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 ,------ 1 9.2% YoY 9.4% QoQ . EKL Construction Equipment Volumes
Slide 25: Construction Equipments Performance
Escorts Kubota Limited Construction Equipments Performance YoY QoQ YoY Particulars (EKL) Unit Q4FY26 (Change) (Change) FY26 (Change) PNC SOM % 43.7% 41.4% Mini Excavator SOM % 16.8% 19.5% Compactor SOM % 0.2% 1.2% BHL SOM % 0.4% 0.5% Capacity Utilization* % ~70% ~47% Revenue ₹ Cr. 556.5 22.6% 13.6%
Slide 26: Shareholding Pattern
Escorts Kubota Limited Shareholding Pattern Shareholding Trend in % Mar’2025 June’2025 Sept’2025 Dec’2025 Mar’2026 Promoters 68.04 68.04 68.04 68.04 68.04 Institutions# 16.56 16.65 17.07 17.45 17.57 Public 13.72 13.64 13.23 12.85 12.74 Non-Promoter Non-Public # FPI/Financial Institutions/ Banks/Insu
Slide 27: Q4 Consolidated Highlights – P&L at a Glance
Escorts Kubota Limited Q4 Consolidated Highlights – P&L at a Glance YoY QoQ Particulars Unit Q4FY26 Q4FY25 Q3FY26 (Change) (Change) Revenue from Operations ₹ Cr. 2,968.2 2,444.9 3,280.5 21.4% -9.5% Material Cost % 68.9% 69.4% 71.0% • -50 bps • -213 bps Manpower Cost % 7.2% 8.4% 6.6% • -112 bps • 68
Slide 28: FY Consolidated Highlights – P&L at a Glance
Escorts Kubota Limited FY Consolidated Highlights – P&L at a Glance YoY Particulars Unit FY26 FY25 (Change) Revenue from Operations ₹ Cr. 11,540.3 10,243.9 12.7% Material Cost % 69.6% 70.8% • -120 bps Continuing Operations Manpower Cost % 7.2% 7.6% • -41 bps EBIDTA ₹ Cr. 1,496.4 1,165.3 • 28.4% EBID
Slide 29: Please Note
Please Note Escorts Kubota Limited 1. The National Company Law Tribunal, Chandigarh Bench (NCLT) has approved the Scheme of Amalgamation of Escorts Kubota India Private Limited and Kubota Agricultural Machinery India Private Limited (Amalgamating Companies) with Escorts Kubota Limited (Amalgamated C
Slide 30: Narrations
Escorts Kubota Limited Narrations • EKL - Escorts Kubota Limited • AG – Agri Machinery Products • FY – Fiscal Year represents the 12 months period from 1st April to 31st • CE – Construction Equipment March. • RED – Railway Equipment • Q4FY25 – Represents the 3 months period from 1st January 2025 to
Slide 31: Contact Details
Escorts Kubota Limited Contact Details Prateek Singhal Investor Relations Escorts Kubota Ltd. (CIN: L74899HR1944PLC039088) Corporate Centre 15/5 Mathura Road, Faridabad – 121003 Email - investor.relation@escortskubota.com | Phone: +91 129 2564921 | www.escortskubota.com 7-05-2026 Escorts Kubota Limi