Stock Analysis
Escorts Kubota Full Year 2024 Earnings: Beats Expectations
Escorts Kubota (NSE:ESCORTS) Full Year 2024 Results
Key Financial Results
- Revenue: ₹92.5b (up 9.7% from FY 2023).
- Net income: ₹10.5b (up 65% from FY 2023).
- Profit margin: 11% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: ₹96.80 (up from ₹58.85 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Escorts Kubota Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%.
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in India.
Performance of the Indian Machinery industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Escorts Kubota.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:ESCORTS
Escorts Kubota
Manufactures and sells agri machinery, construction equipment, and railway equipment in India and internationally.
Flawless balance sheet with solid track record and pays a dividend.