| Scrip Code | 500495 |
|---|---|
| NSE Symbol | ESCORTS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE042A01014 |
| Name of company | Escorts Kubota Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 10-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 10-02-2026 12:00:00 |
| End date and time of board meeting | 10-02-2026 14:45:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 3,28,049.00 | 8,57,210.00 | |
| Other income | 15,435.00 | 44,471.00 | |
| Total income | 3,43,484.00 | 9,01,681.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,60,046.00 | 4,62,323.00 |
| (b) | Purchases of stock-in-trade | 43,493.00 | 1,15,109.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 29,375.00 | 21,673.00 |
| (d) | Employee benefit expense | 21,511.00 | 61,075.00 |
| (e) | Finance costs | 636.00 | 1,491.00 |
| (f) | Depreciation, depletion and amortisation expense | 6,428.00 | 18,601.00 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 30,153.00 | 85,448.00 |
| Total other expenses | 30,153.00 | 85,448.00 | |
| Total expenses | 2,91,642.00 | 7,65,720.00 | |
| 3 | Total profit before exceptional items and tax | 51,842.00 | 1,35,961.00 |
| 4 | Exceptional items | (5,246.00) | 2,353.00 |
| 5 | Total profit before tax | 46,596.00 | 1,38,314.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 10,126.00 | 29,316.00 |
| 8 | Deferred tax | 638.00 | 4,408.00 |
| 9 | Total tax expenses | 10,764.00 | 33,724.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 35,832.00 | 1,04,590.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 1,20,305.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 17,542.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 1,02,763.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 35,832.00 | 2,07,353.00 |
| 17 | Other comprehensive income net of taxes | 236.00 | 202.00 |
| 18 | Total Comprehensive Income for the period | 36,068.00 | 2,07,555.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 35,829.00 | 2,07,356.00 | |
| Total profit or loss, attributable to non-controlling interests | 3.00 | (3.00) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 236.00 | 202.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0.00 | 0.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 11,188.00 | 11,188.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 32.57 | 95.07 | |
| Diluted earnings (loss) per share from continuing operations | 32.56 | 95.05 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 93.41 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 93.38 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 32.57 | 188.48 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 32.56 | 188.43 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: The above consolidated financial results for the quarter and nine months ended December 31, 2025 were reviewed by the Audit Committee and approved by the Board of Directors of the Company (or Holding Company) in their respective meetings held on February 10, 2026 and a limited review of the same has been carried out by the statutory auditors of the Holding Company. 2 The consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (' Ind AS 34' ), prescribed under section 133 of the Companies Act, 2013 ('the Act'). and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3 Exceptional items a For the quarter and nine months ended December 31, 2025, the Holding Company recognised an incremental expense of Rs. 52.46 crore relating to certain employees upon implementation of the new labour code pursuant to the notification by the Government of India on November 21, 2025. Based on the draft Central Rules, FAQs issued by the Ministry of Labour and Employment, and the guidance of the Institute of Chartered Accountants of India, the Holding Company assessed the impact arising primarily from the revised wage definition. Considering the materiality and its non-recurring nature, the impact has been presented as an Exceptional Item. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the labour code and would consider appropriate accounting impact on the basis of such developments as needed. b For the nine months ended December 31, 2025, the Holding Company has recorded a gain of Rs. 75.99 crore on the sale of certain land and buildings to Sona BLW Precision Forgings Limited (Sona Comstar). The gain on sale was recognized during the quarter ended June 30, 2025. c For the year ended March 31, 2025, the Holding Company had recognized an investment impairment provision of Rs.1.67 crore for Adico Escorts Agri Equipment Private Limited, a joint venture company. 4 The Board of the Directors of the Holding Company on October 23, 2024 had approved the sale/ transfer of its division engaged in the business of manufacturing, assembly, sales, servicing, research and development of railway equipment products including parts thereto (RED Business) as a going concern, on a 'slump sale ' basis, as defined under Section 2(42C) of the Income-tax Act, 1961, for a lump sum cash consideration of Rs.1,600 Crores (subject to certain working capital adjustments) without values being assigned to the individual assets and liabilities in such sale/ transfer, to Sona BLW Precision Forgings Limited (Sona Comstar). The said business was a reportable segment as Railway equipments as per the requirements of Ind AS 108, Operating Segment till September 30, 2024. Subsequently, the said business had been disclosed under discontinued operations and previous periods were also reclassified in terms of Ind AS 105 Non-current assets held for sale and discontinued operations. During the quarter ended June 30, 2025, the holding company transferred the RED Business to Sona Comstar upon completion of conditions precedent as specified in the business transfer agreement (BTA). Note 4 a & b may be referred from consolidated result pdf. 5 Previous period figures have been re-grouped/ reclassified wherever necessary, to conform to current period's classification and the impact of such re-grouping/ reclassification are not material to the financial results. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Agri machinery products | 2,78,694.00 | 7,43,105.00 | ||||
| 2 | Construction equipments | 48,989.00 | 1,12,947.00 | ||||
| 3 | Unallocated | 0.00366 | 1,158.00 | ||||
| 4 | Revenue from discontinued operations | 0.00 | 13,387.00 | ||||
| 5 | Profit before tax from discontinued operations | 0.00 | 0.00 | ||||
| Total Segment Revenue | 3,28,049.00 | 8,70,597.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 3,28,049.00 | 8,70,597.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Agri machinery products | 37,473.00 | 95,992.00 | ||||
| 2 | Construction equipments | 3,233.00 | 6,256.00 | ||||
| 3 | Unallocated | 0.00 | 0.00 | ||||
| 4 | Revenue from discontinued operations | 0.00 | 0.00 | ||||
| 5 | Profit before tax from discontinued operations | 0.00 | 1,20,305.00 | ||||
| Total Profit before tax | 40,706.00 | 2,22,553.00 | |||||
| i. Finance cost | 636.00 | 1,491.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (6,526.00) | (37,557.00) | |||||
| Profit before tax | 46,596.00 | 2,58,619.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Agri machinery products | 4,56,812.00 | 4,56,812.00 | ||||
| 2 | Construction equipments | 45,735.00 | 45,735.00 | ||||
| 3 | Unallocated | 10,15,915.00 | 10,15,915.00 | ||||
| 4 | Revenue from discontinued operations | 0.00 | 0.00 | ||||
| 5 | Profit before tax from discontinued operations | 0.00 | 0.00 | ||||
| Total Segment Asset | 15,18,462.00 | 15,18,462.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 15,18,462.00 | 15,18,462.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Agri machinery products | 2,14,484.00 | 2,14,484.00 | ||||
| 2 | Construction equipments | 39,542.00 | 39,542.00 | ||||
| 3 | Unallocated | 40,239.00 | 40,239.00 | ||||
| 4 | Revenue from discontinued operations | 0.00 | 0.00 | ||||
| 5 | Profit before tax from discontinued operations | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 2,94,265.00 | 2,94,265.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 2,94,265.00 | 2,94,265.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurements of defined employee benefit plans | 309.00 | 209.00 |
| Total Amount of items that will not be reclassified to profit and loss | 309.00 | 209.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 78.00 | 53.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange differences on translation of foreign operations | 5.00 | 46.00 |
| Total Amount of items that will be reclassified to profit and loss | 5.00 | 46.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 236.00 | 202.00 |