Escorts Kubota

Escorts Kubota reported a strong Q4 FY26 with revenue of INR 2,950.7 croreCurrent reported value: INR 2,950.7 crore. No comparable prior figure is available in the source record. (+21.4Current 21.4 crore vs previous available quarter 11.3 crore.% YoY) and EBITDA margin expansion of 103 bpsCurrent reported value: 103 bps. No comparable prior figure is available in the source record. to 13.1%, driven by operating leverage and cost control. Tractor volumes hit a record 133,670 unitsCurrent reported value: 133,670 units. No comparable prior figure is available in the source record. for the full year, though Q4 market share was impacted by regional demand variation and new model availability. Management guides for a flattish tractor industry in FY27 (2-3% growth or decline), with H2 likely negative due to high base, subnormal monsoon forecasts, and rising input costs. Construction equipment saw a Q4 volume recovery (+9% YoY) and margin improvement. Key risks include commodity inflation (5-6% of revenue impact expected), potential supply chain disruptions from geopolitical tensions, and El Niño effects on rural sentiment.