Escorts Kubota Ltd - Company Profile
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Escorts Kubota Ltd (Escorts Kubota) formerly Escorts Ltd is a manufacturer and supplier of construction equipment. The company designs, manufactures, supplies and installs a range of hydraulic mobile cranes and tractors. Its portfolio of products includes agricultural tractors, engines for agricultural tractors, construction, earth moving, passenger coaches, metros, and material handling equipment. The company offers double-acting hydraulic shock absorbers, center buffer couplers, automobile shock absorbers, telescopic front forks, brake blocks and internal combustion engines. It also provides oils and lubricants, generators and vibratory rollers. The company serves the agricultural, construction and railway sectors. It operates manufacturing plants in Faridabad, Haryana, India and Poland. Escorts Kubota is headquartered in Faridabad, Haryana, India.
Headquarters
India
Address
15/5 Mathura Road, Faridabad, Haryana, 121003
Website
www.escortsgroup.com
Telephone
91 129 2250222
No of Employees
13,605
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
ESCORTS (NSE)
Revenue (2022)
$1.1B
16.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-13.5%
(2022 vs 2021)
Market Cap*
$4.4B
Net Profit Margin (2022)
XYZ
-25.8%
(2022 vs 2021)
* As of and is in US$
Escorts Kubota Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Engines | Farmtrac |
| Lubricants | Powertrac |
| Hydraulic Mobile Cranes | Steeltrac |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company introduced a new limited edition of the RTV520. |
| 2023 | Regulatory Approval | In September, the company received the Board of Director's approval to incorporate a wholly owned subsidiary as a non-banking finance company to finance the company's products/ customers. |
| 2022 | Regulatory Approval | In November, the company secured an approval from the Board of Directors to acquire Rough Terrain Crane business and the associated equipment and parts from Tadano Escorts India Private Limited. |
Competitor Comparison
| Key Parameters | Escorts Kubota Ltd | Mahindra & Mahindra Ltd | BEML Ltd | Action Construction Equipment Ltd | TRF Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Faridabad | Mumbai | Bangalore | Faridabad | Jamshedpur |
| State/Province | Haryana | Maharashtra | Karnataka | Haryana | Jharkhand |
| No. of Employees | 13,605 | 23,495 | 5,197 | 1,209 | 492 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nikhil Nanda | Chairman; Managing Director | Executive Board | 2018 | - |
| Bharat Madan | Chief Financial Officer; Director | Executive Board | - | - |
| Anil Kakkar | Chief Information Officer | Senior Management | - | - |
| Seiji Fukuoka | Deputy Managing Director; Director | Executive Board | 2022 | - |
| Vicky Chauhan | Chief Compliance Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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