Escorts Kubota Limited · NSE:ESCORTS
Escorts Kubota — Q4 FY25 Earnings Presentation
32 slides from Escorts Kubota's earnings presentation, May 8, 2025
Slide 1: Cover letter to stock exchanges: Earning Presentation
Escorts Kubota Limited May 08, 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, Please fi
Slide 2: Q4 FY25 Earning Presentation
Q4 FY25 | EARNING PRESENTATION 8th May 2025 BSE: 500495 | NSE: ESCORTS 08-05-2025 Escorts Kubota Limited 1
Slide 3: Contents
Escorts Kubota Limited CONTENTS 01 02 03 04 Company Q4 Standalone FY Standalone Segment Wise Overview Highlights Highlights Performance 05 06 07 Shareholding Q4/FY Annexure & Pattern Consolidated Narrations Highlights 08-05-2025 Escorts Kubota Limited 2
Slide 4: Q4 Standalone Highlights – Q4FY25 YoY
Q4 Standalone Highlights – Q4FY25 YoY Escorts Kubota Limited Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 17.3% 6.0% -11.3% Export Tractor Volume 4.0% 36.6% 32.6% Total Tractor Volume 15.5% 7.6% -7.9% PNC Volume -13.0% -13.0% 0.0% BHL Volume -6.6% -20.2% -13.6% Mini Excava
Slide 5: Q4 Standalone Highlights (Continuing Operations) EKL at a Glance
Q4 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 26,633 1,719 ₹ 2,430.3 Crore Tractors Volumes Construction Equipment’s Volume Revenue from Operations 7.6% -18.2% -12.2% -13.6% 6.1% -17.2% (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) ₹ 292.9 Crore ₹ 358.3 Cr
Slide 6: Q4 Standalone Highlights – P&L at a Glance
Q4 Standalone Highlights – P&L at a Glance Escorts Kubota Limited YoY QoQ Particulars Unit Q4FY25 Q4FY24 Q3FY25 (Change) (Change) Revenue from Operations ₹ Cr. 2,430.3 2,289.6 2,935.4 • 6.1% • -17.2% Material Cost % 69.4 68.9 73.1 • 51 bps • -368 bps Manpower Cost % 8.2 7.6 6.8 • 61 bps • 141 bps Co
Slide 7: Q4 - YoY Revenue up by 6.1%; EBIT up by 7.5%
Q4 - YoY Revenue up by 6.1%; EBIT up by 7.5% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue 198.1 2,430.3 Revenue Key Highlights 2,289.6 -51.9 -5.5 • Tractor Sales up by 7.6% at 26,633 units • Construction Equipment Sales down by 12.2% at 1,719 units Q4FY24 AM CE Unallocated Q4FY25 ■ I
Slide 8: Q4 - QoQ Revenue down by 17.2%; EBIT down by 5.3%
Q4 - QoQ Revenue down by 17.2%; EBIT down by 5.3% (Continuing Operations) ₹ Cr. Revenue - 2,935.4 2,430.3 -441.8 -61.8 -1.5 Revenue Key Highlights • Tractor Sales down by 18.2% at 26,633 units • Construction Equipment Sales down by 13.6% at 1,719 units Q3FY25 AM CE Unallocated Q4FY25 ■ Increase ■ De
Slide 9: Q4FY25 Standalone Highlights – EKL at a Glance
Q4FY25 Standalone Highlights –EKL at a Glance Escorts Kubota Limited ₹ 27.05 16.6% 11.6% Return on Capital Employed Return on Equity Earning Per Share (Annualized) (Annualized) ~60% ~30% Capacity Utilization Capacity Utilization Tractors Construction Equipment Board recommended Final Dividend of ₹ 1
Slide 10: Standalone Highlights – FY25 YoY
Standalone Highlights – FY25 YoY Escorts Kubota Limited Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 7.3% 1.6% -5.7% Export Tractor Volume 1.0% -11.2% -12.2% Total Tractor Volume 6.7% 1.0% -5.7% PNC Volume -7.4% -7.5% -0.1% BHL Volume 3.4% -17.5% -20.9% Mini Excavator -7.7
Slide 11: FY Standalone Highlights (Continuing Operations) EKL at a Glance
FY Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 1,15,554 6,484 ₹ 10,187.0 Crore Tractors Volumes Construction Equipment’s Volume Revenue Operations 1.0% -9.2% 4.7% ₹ 1,177.8 Crore ₹ 1,366.6 Crore ₹ 1,250.9 Crore EBIDTA Profit Before Tax and Exceptional Items P
Slide 12: FY Standalone Highlights – P&L at a Glance
FY Standalone Highlights – P&L at a Glance Escorts Kubota Limited Particulars I Unit I FY25 I FY24 I Variance Revenue from Operations Material Cost ₹ Cr. 10,187.0 9,730.7 • 4.7% Manpower Cost % 70.8 71.0 • -19 bps % 7.4 7.1 • 35 bps Continuing Operations EBIDTA EBIDTA Margin ₹ Cr. 1,177.8 1,133.0 •
Slide 13: FY - YoY Revenue up by 4.7%; EBIT up by 7.1%
FY - YoY Revenue up by 4.7%; EBIT up by 7.1% (Continuing Operations) Escorts Kubota Limited ₹ Cr. Revenue (YoY) 549.9 10,187.0 -88.1 -5.6 9,730.7 Revenue Key Highlights • Tractor Sales up by 1.0% to 1,15,554 units • Construction Equipment Sales down by 12.2% to 6,484 units FY24 AM CE Unallocated FY2
Slide 14: FY25 Standalone Highlights – EKL at a Glance
FY25 Standalone Highlights –EKL at a Glance Escorts Kubota Limited ₹ 113.77 15.7% 11.2% Earning Per Share Return on Capital Employed Return on Equity With Investment ~70% ~60% Capacity Utilization Capacity Utilization Tractors Construction Equipment Standalone Financials % rounded off to nearest sin
Slide 15: Segment Wise Performance
Segment Wise Performance 08-05-2025 Escorts Kubota Limited 14
Slide 16: Segmental Revenue Contribution
Segmental Revenue Contribution Escorts Kubota Limited Revenue in 2,430.3 2,289.6 2,935.4 10,187.0 9,730.7 ₹. Crore 19% 18% 17% 19% 22% % of Revenue 81% 82% 83% 81% 78% Q 4 F Y2 5 Q 4 F Y2 4 Q 3 F Y2 5 F Y2 5 F Y2 4 ■ Agri Machinery Products ■ Construction Equipments XX% Segmental Contribution to tot
Slide 17: Agri Machinery Products
Agri Machinery Products Tractor Business Non-Tractor Business •• • ••• K3Ri A Kubota Brand •• • ••• •• •• Re liable Parts, Val ue for the Pnce. • ••• • ••• • ••• • r .......•• •• Agri Solution Engine Spare Parts and Service Global Sourcing •• • . •• . - - - - - - - .... - _ ...,;;;;;a.. _ . ...... .
Slide 18: Tractor Industry
Tractor Industry Escorts Kubota Limited Domestic Industry (in Lakhs) 7.3% YoY ----+ 9.4 2.7 -24.8% QoQ ------I 8.8 'I I I 17.3% YoY ---..I.-------► 2.0 1.7 Q4FY24 Q3FY25 Q4FY25 FY24 FY25 Export Industry (in ‘000s) 4.0% YoY -------------- 1 1.0% YoY I 27.5 ---► 98.8 I 26.5 I 97.8 24.4% QoQ 22.1 Q4FY2
Slide 19: EKL Tractor Business
EKL Tractor Business Escorts Kubota Limited 20. 0% 1,24 ,000 34,0 00 Domestic 1.6% YoY 14. 8% --- - ..I 19. 0% 31,585 18. 0% 1,04 ,000 1,08,777 1,10,563 -21.5% QoQ 29,0 00 13. 8% 17. 0% I 84,0 00 ------------► 6.0% YoY 24,0 00 24,801 16. 0% 23,406 12.4% 12. 8% 15. 0% 64,0 00 19,0 00 13.7% 14. 0% 11.
Slide 20: Agri Machinery Products – Segment Performance
Agri Machinery Products – Segment Performance Escorts Kubota Limited YoY QoQ YoY Particulars Unit Q4FY25 FY25 I I I (Change) I (Change) I (Change) Revenue ₹ Cr. 1,974.8 11.1% -18.3% 8,447.2 7.0% EBIT % 11.4% -6 bps 97 bps 10.7% -50 bps Capacity Utilization Tractors % ~60 ~70 ROCE (Annualized) % 33.3
Slide 21: Construction Equipments
Construction Equipments ~or~~:~~? t'l NA PREFERRED PART Construcf o a Limited ion Equ,·p ment 08-05-2025 Escorts Kubota Limited 20
Slide 22: Construction Equipment Business Performance
Construction Equipment Business Performance Escorts Kubota Limited Served Industry Performance (000’s) -7.8% YoY 22.7 0.9% YoY 22.6 -7.4% QoQ 74.4 75.1 20.9 Q4FY24 Q3FY25 Q4FY25 FY24 FY25 EKL Construction Equipment Volumes 7,50 0 -12.2% YoY 1,989 -13.6% QoQ 7,141 1,958 L------- 6,50 0 -9.2% YoY ----
Slide 23: Construction Equipments Performance
Construction Equipments Performance Escorts Kubota Limited YoY QoQ YoY Particulars (EKL) Unit Q4FY25 (Change) (Change) FY25 (Change) PNC SOM % 35.9% 38.8% Mini Excavator SOM % 25.9% 21.6% Compactor SOM % 4.5% 4.5% BHL SOM % 0.9% 0.9% Capacity Utilization* % ~30 ~70 Revenue ₹ Cr. 453.9 -10.3% -12.0%
Slide 24: Railway Equipments (Discontinued Operations)
Railway Equipments (Discontinued Operations) Mobility Mobility Solutions So Of the future ENSURING SAFETY AND COMFORT IN RAIL TRANSPORT 08-05-2025 Escorts Kubota Limited 23
Slide 25: Railway Equipments Performance
Railway Equipments Performance Escorts Kubota Limited Discontinued Operations YoY QoQ YoY Particulars (EKL) Unit Q4FY25 (Change) (Change) FY25 (Change) Revenue ₹ Cr. 256.5 20.2% 28.0% 912.8 -4.0% PBT ₹ Cr. 62.7 76.0% 42.9% 188.7 5.6% PAT ₹ Cr. 46.8 76.1% 43.0% 140.9 5.5% Order Book at the end of Mar
Slide 26: Shareholding Pattern
Shareholding Pattern Escorts Kubota Limited Shareholding Trend in % Mar'2024 June'2024 Sept'2024 Dec'2024 Mar’2025 Promoters 67.64 67.64 68.04 68.04 68.04 Institutions# 15.61 16.81 16.54 16.10 16.56 Public 14.89 13.82 13.72 14.18 13.72 Non-Promoter Non-Public 1.86 1.73 1.70 1.68 1.68 Total 100.00 10
Slide 27: Q4 Consolidated Highlights – P&L at a Glance
Q4 Consolidated Highlights – P&L at a Glance Escorts Kubota Limited YoY QoQ Particulars Unit Q4FY25 Q4FY24 Q3FY25 (Change) (Change) Revenue from Operations ₹ Cr. 2,444.9 2,300.7 2,948.0 • 6.3% • -17.1% Material Cost % 69.4% 68.8% 73.0% • 55 bps • -366 bps Manpower Cost % 8.4% 7.7% 6.9% • 68 bps • 14
Slide 28: FY Consolidated Highlights – P&L at a Glance
FY Consolidated Highlights – P&L at a Glance Escorts Kubota Limited YoY Particulars Unit FY25 FY24 (Change) Revenue from Operations ₹ Cr. 10,243.9 9,803.6 • 4.5% Material Cost % 70.8% 71.0% • -11 bps Continuing Operations Manpower Cost % 7.6% 7.1% • 45 bps EBIDTA ₹ Cr. 1,165.3 1,130.9 • 3.0% 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
Narrations • AG – Agri Machinery Products Escorts Kubota Limited • EKL - Escorts Kubota Limited • CE – Construction Equipment • FY – Fiscal Year represents the 12 months period from 1st • RED – Railway Equipment April to 31st March. • BHL – Backhoe Loader • Q4FY24 – Represents the 3 months period fr
Slide 31: 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 32: Thank You
THANK YOU 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 08-05-2025 Escorts Kubota Limited 31