Escorts Kubota Limited · NSE:ESCORTS
Escorts Kubota — Q2 FY26 Earnings Presentation
31 slides from Escorts Kubota's earnings presentation, Nov 4, 2025
Slide 1: Exchange filing cover letter
Escorts Kubota Limited November 04, 2025 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, Plea
Slide 2: Q2 FY26 Earning Presentation
Q2 FY26 | EARNING PRESENTATION 4th November 2025 BSE: 500495 | NSE: ESCORTS 04-11-2025 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 04 Company Q2 Standalone H1 Standalone Segment Wise Overview Highlights Highlights Performance 05 06 07 Shareholding Q2/H1 Annexure & Pattern Consolidated Narrations Highlights 04-11-2025 Escorts Kubota Limited 3
Slide 5: EKL Snapshot
Escorts Kubota Limited EKL Snapshot ~ 80+ Years Of Prosperity and Trust ~~ @)r-@) (rrTI) More than 2.5 mn Equipment Sold ~ 6 Manufacturing Plant in India & 1 Assembly Plant in Poland ~ Exporting to 80+ Countries 1,600+ 1,250 Branches ~ oWa Pan India Dealers & Over 1 R&D Centre & Corporate Office For
Slide 6: Q2 Standalone Highlights – Q2FY26 YoY
Escorts Kubota Limited Q2 Standalone Highlights – Q2FY26 YoY Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 30.7% 30.5% -0.2% Export Tractor Volume 4.4% 26.2% 21.8% Total Tractor Volume 28.0% 30.3% 2.3% PNC Volume -13.1% -16.2% -3.1% BHL Volume -3.6% -63.7% -60.1% Mini Excav
Slide 7: Q2 Standalone Highlights (Continuing Operations)
Q2 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 33,877 1,146 ₹ 2,777.4 Crore Tractors Volumes Construction Equipment’s Volume Revenue from Operations 30.3% 10.8% -17.8% 8.6% 22.6% 11.8% (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) ₹ 363.2 Crore ₹ 431.1 Cror
Slide 8: Q2 Standalone Highlights – P&L at a Glance
Escorts Kubota Limited Q2 Standalone Highlights – P&L at a Glance YoY QoQ Particulars Unit Q2FY26 Q2FY25 Q1FY26 (Change) (Change) Revenue from Operations ₹ Cr. 2,777.4 2,264.9 2,483.4 22.6% 11.8% Material Cost % 69.3 69.6 69.1 • -31 bps 17 bps Manpower Cost % 7.3 8.2 7.4 • -95 bps -12 bps Continuing
Slide 9: Q2 - YoY Revenue up by 22.6%; EBIT up by 51.7%
Q2 - YoY Revenue up by 22.6%; EBIT up by 51.7% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue 548.7 5.6 2,777.4 Revenue Key Highlights -41.8 2,264.9 • Tractor Sales up by 30.3% at 33,877 units • Construction Equipment Sales down by 17.8% at 1,146 units Q2FY25 AM CE Unallocated Q2FY26 ■
Slide 10: Q2 - QoQ Revenue up by 11.8%; EBIT up by 3.3%
Q2 - QoQ Revenue up by 11.8%; EBIT up by 3.3% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue 2,483.4 - 251.4 36.6 6.0 2,777.4 Revenue Key Highlights • Tractor Sales up by 10.8% at 33,877 units • Construction Equipment Sales up by 8.6% at 1,146 units Q1FY26 AM CE Unallocated Q2FY26 ■ In
Slide 11: Q2FY26 Standalone Highlights – EKL at a Glance
Escorts Kubota Limited Q2FY26 Standalone Highlights –EKL at a Glance ₹ 29.19 14.7% 10.8% Return on Capital Employed Return on Equity Earning Per Share (Annualized) (Annualized) ~80% ~35% Capacity Utilization Capacity Utilization Tractors Construction Equipment 04-11-2025 Standalone Financials Escort
Slide 12: Standalone Highlights – H1FY26 YoY
Escorts Kubota Limited Standalone Highlights – H1FY26 YoY Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 18.8% 12.9% -5.9% Export Tractor Volume 3.6% 50.0% 46.4% Total Tractor Volume 17.4% 14.4% -3.0% PNC Volume -21.2% -21.3% -0.1% BHL Volume -7.6% -53.3% -45.7% Mini Excavat
Slide 13: H1FY26 Standalone Highlights (Continuing Operations)
H1FY26 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 64,458 2,201 ₹ 5,260.8 Crore Tractors Volumes Construction Equipment’s Volume Revenue Operations 14.4% -20.7% 9.1% ₹ 688.2 Crore ₹ 849 Crore ₹ 628.7 Crore EBIDTA Profit Before Tax and Exceptional Items Normal
Slide 14: H1 Standalone Highlights – P&L at a Glance
Escorts Kubota Limited H1 Standalone Highlights – P&L at a Glance Particulars I Unit I H1FY26 I H1FY25 I Variance Revenue from Operations ₹ Cr. 5,260.8 4,821.2 • 9.1% Material Cost % 69.2 70.2 • -101 bps Manpower Cost % 7.3 7.4 • -12 bps • Continuing Operations EBIDTA ₹ Cr. 688.2 549.7 25.2% EBIDTA
Slide 15: H1FY26 - YoY Revenue up by 9.1%; EBIT up by 32.4%
H1FY26 - YoY Revenue up by 9.1%; EBIT up by 32.4% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue (YoY) 4,821.2 - 558.5 -121.0 2.1 5,260.8 • Revenue Key Highlights Tractor Sales up by 14.4% to 64,458 units • Construction Equipment Sales down by 20.7% to 2,201 units H1FY25 AM CE Unalloca
Slide 16: H1FY26 Standalone Highlights – EKL at a Glance
Escorts Kubota Limited H1FY26 Standalone Highlights –EKL at a Glance ₹ 156.48 15.3% 12.2% Earning Per Share Return on Capital Employed Return on Equity With Investment ~75% ~30% Capacity Utilization Capacity Utilization Tractors Construction Equipment 04-11-2025 Standalone Financials Escorts Kubota
Slide 17: Segment Wise Performance
Escorts Kubota Limited Segment Wise Performance 04-11-2025 Escorts Kubota Limited 16
Slide 18: Segmental Revenue Contribution
Escorts Kubota Limited Segmental Revenue Contribution Revenue in 2,777.4 2,264.9 2,483.4 4,821.2 5,260.8 ₹. Crore 12% 12% 12% 17% 16% % of Revenue 88% 88% 84% 88% 83% Q 2 F Y2 6 Q 2 F Y2 5 Q 1 F Y2 6 H 1 F Y2 5 H 1 F Y2 6 ■ Agri Machinery Products ■ Construction Equipments 04-11-2025 XX% Segmental C
Slide 19: Agri Machinery Products
Escorts Kubota Limited Agri Machinery Products Tractor Business Non-Tractor Business •• ••• K3R! A Kubota Brand •• ••• • • ••• Re liable Parts. Val ue for the Pnce. • ••• • ••• • ••• • ••• ··-··-··-··-··-··-··r··-··-··-··-·· ~• Agri Solution Engine Spare Parts and Service Global Sourcing ••• .......
Slide 20: Tractor Industry and EKL Tractor Business
Escorts Kubota Limited Tractor Industry and EKL Tractor Business Domestic Industry (in Lakhs) EKL Domestic Volume (Nos.) 36,000 19 .0% r---- 30.7% YoY -3.9% QoQ ,-- - 30.5% YoY -----~---♦ 12.1% QoQ 2.86 32,329 31,000 17 .0% 2.75 I I I 26,000 I I 28,848 15 .0% 2.10 21,000 24,768 11.8% 11.8% 13 .0% 16
Slide 21: Tractor Industry and EKL Tractor Business
Escorts Kubota Limited Tractor Industry and EKL Tractor Business EKL Domestic Volume (Nos.) 70,000 19 .0% Domestic Industry (in Lakhs) 65,000 ,------ 18.8% YoY 17 .0% 1 5.61 60,000 12.9% YoY 61,177 15 .0% 55,000 --------• 4.72 50,000 54,177 13 .0% 11.5% 10.9% 45,000 11 .0% 40,000 35,000 9.0% 30,000
Slide 22: Agri Machinery Products – Segment Performance
Escorts Kubota Limited Agri Machinery Products – Segment Performance YoY QoQ YoY Particulars Revenue I Unit I Q2FY26 I (Change) I (Change) H1FY26 I (Change) ₹ Cr. 2,432.9 29.1% 11.5% 4,614.3 13.8% EBIT % 12.8% 368 bps 24 bps 12.7% 222 bps Capacity Utilization Tractors % ~80 ~75 ROCE (Annualized) % 4
Slide 23: Construction Equipments
Construction Equipments NA PREFERRED PART 04-11-2025 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 -3.7% YoY ---------------- ------------. 16.6 1 16.0 31.5 -8.6% YoY 25.7% QoQ •---------- 12.8 28.8 Q2FY25 Q1FY26 Q2FY26 H1FY25 H1FY26 EKL Construction Equipment Volumes 2,90 0 -17.8%
Slide 25: Construction Equipments Performance
Escorts Kubota Limited Construction Equipments Performance YoY QoQ YoY Particulars (EKL) Unit Q2FY26 (Change) (Change) H1FY26 (Change) PNC SOM % 38.5% 39.6% Mini Excavator SOM % 18.5% 18.6% Compactor SOM % 0.8% 2.3% BHL SOM % 0.4% 0.6% Capacity Utilization* % ~35% ~30% Revenue ₹ Cr. 338.1 -11.0% 12.
Slide 26: Shareholding Pattern
Escorts Kubota Limited Shareholding Pattern Shareholding Trend in % Sept'2024 Dec'2024 Mar’2025 June’2025 Sept’2025 Promoters 68.04 68.04 68.04 68.04 68.04 Institutions# 16.54 16.10 16.56 16.65 17.07 Public 13.72 14.18 13.72 13.64 13.23 Non-Promoter Non-Public 1.70 1.68 1.68 1.67 1.66 Total 100.00 1
Slide 27: Q2 Consolidated Highlights – P&L at a Glance
Escorts Kubota Limited Q2 Consolidated Highlights – P&L at a Glance YoY QoQ Particulars Unit Q2FY26 Q2FY25 Q1FY26 (Change) (Change) Revenue from Operations ₹ Cr. 2,791.6 2,277.3 2,500.1 22.6% 11.7% Material Cost % 69.3% 69.6% 69.1% • -32 bps • 15 bps Manpower Cost % 7.4% 8.4% 7.5% • -92 bps • -9 bps
Slide 28: H1FY Consolidated Highlights – P&L at a Glance
Escorts Kubota Limited H1FY Consolidated Highlights – P&L at a Glance YoY Particulars Unit H1FY26 H1FY25 (Change) Revenue from Operations ₹ Cr. 5,291.6 4,851.0 9.1% Material Cost % 69.2% 70.2% • -102 bps Continuing Operations Manpower Cost % 7.5% 7.6% • -9 bps EBIDTA ₹ Cr. 681.1 545.0 • 25.0% EBIDTA
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 • CE – Construction Equipment April to 31st March. • RED – Railway Equipment • Q2FY25 – Represents the 3 months period from 1st July • BHL – Bac
Slide 31: Contact Details
Contact Details Prateek Singhal Investor Relations & ESG 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 04-11-2025 Escorts Kubota Limited