Escorts Kubota Limited · NSE:ESCORTS
Escorts Kubota — Q3 FY26 Earnings Presentation
30 slides from Escorts Kubota's earnings presentation, Feb 11, 2026
Slide 1: Cover letter to BSE and NSE: Revised Earning Presentation
Escorts Kubota Limited February 10, 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: Revised Earning Presentation Dear Sir/ Ma’am, Plea
Slide 2: Q3 FY26 Earning Presentation
Escorts Kubota Limited Great Q3 FY26 | EARNING PRESENTATION Place To 10th February 2026 Work® Certified BSE: 500495 | NSE: ESCORTS JAN 2026-JAN 2027 INDIA 10-02-2026 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 Q3 Standalone 9M Standalone Overview Highlights Highlights 04 05 07 Q3/9M Segment Wise Annexure & Consolidated Performance Narrations Highlights 10-02-2026 Escorts Kubota Limited 3
Slide 5: Q3 Standalone Highlights – Q3FY26 YoY
Escorts Kubota Limited Q3 Standalone Highlights – Q3FY26 YoY Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 23.2% 12.0% -11.2% Export Tractor Volume 20.1% 62.9% 42.9% Total Tractor Volume 22.9% 13.5% -9.4% PNC Volume -14.7% -13.4% 1.3% BHL Volume -19.2% -26.9% -7.7% Mini Exc
Slide 6: Q3 Standalone Highlights (Continuing Operations)
Q3 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 36,955 1,716 ₹ 3,261.4 Crore Tractors Volumes Construction Equipment’s Volume Revenue from Operations 13.5% 9.1% -13.7% 49.7% 11.1% 17.4% (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) (Y-o-Y) (Q-o-Q) ₹ 438.7 Crore ₹ 522.7 Cror
Slide 7: Q3 Standalone Highlights – P&L at a Glance
Escorts Kubota Limited Q3 Standalone Highlights – P&L at a Glance YoY QoQ Particulars Unit Q3FY26 Q3FY25 Q2FY26 (Change) (Change) Revenue from Operations ₹ Cr. 3,261.4 2,935.4 2,777.4 11.1% 17.4% Material Cost % 71.0 73.1 69.3 • -201 bps • 174 bps Manpower Cost % 6.4 6.8 7.3 • -34 bps • -86 bps • Co
Slide 8: Q3 - YoY Revenue up by 11.1%; EBIT up by 38.0%
Q3 - YoY Revenue up by 11.1%; EBIT up by 38.0% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue 353.0 3,261.4 Revenue Key Highlights -25.8 -1.2 2,935.4 • Tractor Sales up by 13.5% at 36,955 units • Construction Equipment Sales down by 13.7% at 1,716 units Q3FY25 AM CE Unallocated Q3FY26
Slide 9: Q3 - QoQ Revenue up by 17.4%; EBIT up by 21.4%
Q3 - QoQ Revenue up by 17.4%; EBIT up by 21.4% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue 151.8 3,261.4 336.7 -4.5 2,777.4 Revenue Key Highlights • Tractor Sales up by 9.1% at 36,955 units • Construction Equipment Sales up by 49.7% at 1,716 units Q2FY26 AM CE Unallocated Q3FY26 ■ I
Slide 10: Q3FY26 Standalone Highlights – EKL at a Glance
Escorts Kubota Limited Q3FY26 Standalone Highlights –EKL at a Glance ₹ 32.93 17.5% 12.0% Return on Capital Employed Return on Equity Earning Per Share (Annualized) (Annualized) ~75% ~60% Capacity Utilization Capacity Utilization Tractors Construction Equipment 10-02-2026 Standalone Financials Escort
Slide 11: Standalone Highlights – 9MFY26 YoY
Escorts Kubota Limited Standalone Highlights – 9MFY26 YoY Industry EKL Particulars Variance Growth Growth Domestic Tractor Volume 20.4% 12.6% -7.8% Export Tractor Volume 8.7% 53.9% 45.3% Total Tractor Volume 19.3% 14.0% -5.3% PNC Volume -18.5% -18.0% 0.5% BHL Volume -12.5% -45.7% -33.2% Mini Excavat
Slide 12: 9MFY26 Standalone Highlights (Continuing Operations)
9MFY26 Standalone Highlights (Continuing Operations) Escorts Kubota Limited EKL at a Glance 1,01,413 3,917 ₹ 8,522.1 Crore Tractors Volumes Construction Equipment’s Volume Revenue Operations 14.0% -17.8% 9.9% ₹ 1,127.0 Crore ₹ 1,371,7 Crore ₹ 1,030.3 Crore* EBIDTA Profit Before Tax and Exceptional I
Slide 13: 9M Standalone Highlights – P&L at a Glance
Escorts Kubota Limited 9M Standalone Highlights – P&L at a Glance Particulars I Unit I 9MFY26 I 9MFY25 I Variance Revenue from Operations ₹ Cr. 8,522.1 7,756.7 • 9.9% Material Cost % 69.9 71.3 • -138 bps Manpower Cost % 7.0 7.2 • -21 bps Continuing Operations EBIDTA ₹ Cr. 1,127.0 885.0 • 27.3% EBIDT
Slide 14: 9MFY26 - YoY Revenue up by 9.9%; EBIT up by 34.4%
9MFY26 - YoY Revenue up by 9.9%; EBIT up by 34.4% Escorts Kubota Limited (Continuing Operations) ₹ Cr. Revenue (YoY) 911.5 0.6 8,522.1 -146.7 Revenue Key Highlights 7,756.7 • Tractor Sales up by 14.0% to 1,01,413 units • Construction Equipment Sales down by 17.8% to 3,917 units 9MFY25 AM CE Unalloca
Slide 15: 9MFY26 Standalone Highlights – EKL at a Glance
Escorts Kubota Limited 9MFY26 Standalone Highlights –EKL at a Glance ₹ 189.41 16.1% 12.2% Earning Per Share Return on Capital Employed Return on Equity With Investment ~75% ~40% Capacity Utilization Capacity Utilization Tractors Construction Equipment 10-02-2026 Standalone Financials Escorts Kubota
Slide 16: Segment Wise Performance
Escorts Kubota Limited Segment Wise Performance 10-02-2026 Escorts Kubota Limited 15
Slide 17: Segmental Revenue Contribution
Escorts Kubota Limited Segmental Revenue Contribution Revenue in 3,261.4 2,935.4 2,777.4 7,756.7 8,522.1 ₹. Crore 15% 12% 13% 18% 16% % of Revenue 85% 88% 87% 82% 84% Q 3 F Y2 6 Q 3 F Y2 5 Q 2 F Y2 6 9 M F Y2 5 9 M F Y2 6 ■ Agri Machinery Products ■ Construction Equipments 10-02-2026 XX% Segmental C
Slide 18: 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 19: Tractor Industry and EKL Tractor Business
Escorts Kubota Limited Tractor Industry and EKL Tractor Business EKL Domestic Volume (Nos.) 19 .0% Domestic Industry (in Lakhs) 39,000 17 .0% 23.2% YoY 19.6% QoQ 3.29 12.0% YoY 9.4% QoQ 35,373 34,000 15 .0% 2.75 31,585 32,329 2.67 29,000 11.8% 11.8% 13 .0% 24,000 10.8% 11 .0% 19,000 9.0% 14,000 7.0%
Slide 20: Tractor Industry and EKL Tractor Business
Escorts Kubota Limited Tractor Industry and EKL Tractor Business EKL Domestic Volume (Nos.) 1,10,000 19 .0% Domestic Industry (in Lakhs) 1,00,000 I --------+ ... ----------- 17 .0% 1 20.4% YoY 8.90 96,550 12.6% YoY 90,000 15 .0% -------• 80,000 85,762 7.39 13 .0% 11.6% 70,000 60,000 10.9% 11 .0% 50,
Slide 21: Agri Machinery Products – Segment Performance
Escorts Kubota Limited Agri Machinery Products – Segment Performance YoY QoQ YoY Particulars Unit Q3FY26 9MFY26 I I I (Change) I (Change) I (Change) Revenue ₹ Cr. 2,769.6 14.6% 13.8% 7,383.9 14.1% EBIT % 13.5% 310 bps 72 bps 13.0% 255 bps Capacity Utilization Tractors % ~75 ~75 ROCE (Annualized) % 5
Slide 22: Construction Equipments
Construction Equipments NA PREFERRED PART 10-02-2026 Escorts Kubota Limited 21
Slide 23: Construction Equipment Business Performance
Escorts Kubota Limited Construction Equipment Business Performance Served Industry Performance (000’s) As per ICEMA -15.6% YoY 22.6 I -------' ·------ - 54.1 -11.6% YoY 19.1% QoQ 19.1 16.0 47.9 Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 EKL Construction Equipment Volumes 5,00 0 -13.7 YoY -------- 1 4,50 0 4
Slide 24: Construction Equipments Performance
Escorts Kubota Limited Construction Equipments Performance YoY QoQ YoY Particulars (EKL) Unit Q3FY26 (Change) (Change) 9MFY26 (Change) PNC SOM % 40.8% 40.2% Mini Excavator SOM % 23.2% 20.7% Compactor SOM % 0.9% 1.7% BHL SOM % 0.6% 0.6% Capacity Utilization* % ~60% ~40% Revenue ₹ Cr. 489.9 -5.0% 44.9
Slide 25: Shareholding Pattern
Escorts Kubota Limited Shareholding Pattern Shareholding Trend in % Dec'2024 Mar’2025 June’2025 Sept’2025 Dec’2025 Promoters 68.04 68.04 68.04 68.04 68.04 Institutions# 16.10 16.56 16.65 17.07 17.45 Public 14.18 13.72 13.64 13.23 12.85 Non-Promoter Non-Public 1.68 1.68 1.67 1.66 1.66 Total 100.00 10
Slide 26: Q3 Consolidated Highlights – P&L at a Glance
Escorts Kubota Limited Q3 Consolidated Highlights – P&L at a Glance YoY QoQ Particulars Unit Q3FY26 Q3FY25 Q2FY26 (Change) (Change) Revenue from Operations ₹ Cr. 3,280.5 2,948.0 2,791.6 11.3% 17.5% Material Cost % 71.0% 73.0% 69.3% • -202 bps • 173 bps Manpower Cost % 6.6% 6.9% 7.4% • -33 bps • -88
Slide 27: 9MFY Consolidated Highlights – P&L at a Glance
Escorts Kubota Limited 9MFY Consolidated Highlights – P&L at a Glance YoY Particulars Unit 9MFY26 9MFY25 (Change) Revenue from Operations ₹ Cr. 8,572.1 7,799.0 9.9% Material Cost % 69.9% 71.3% • -139 bps Manpower Cost % 7.1% 7.3% • -19 bps Continuing Operations EBIDTA ₹ Cr. 1,115.8 877.8 • 27.1% EBI
Slide 28: 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 29: 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 • Q3FY25 – Represents the 3 months period from 1st October 2024 to
Slide 30: 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