Escorts
Market Cap
₹173.8b
Last Updated
2021/03/07 12:18 UTC
Data Sources
Company Financials +
Executive Summary
Escorts Limited manufactures and sells agri machinery, construction equipment, and railway equipment in India and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Escorts's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESCORTS is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ESCORTS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
ESCORTS
2.5%
IN Machinery
3.2%
IN Market
1 Year Return
62.2%
ESCORTS
47.6%
IN Machinery
40.6%
IN Market
Return vs Industry: ESCORTS exceeded the Indian Machinery industry which returned 47.6% over the past year.
Return vs Market: ESCORTS exceeded the Indian Market which returned 40.6% over the past year.
Shareholder returns
| ESCORTS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 2.5% | 3.2% |
| 30 Day | -5.8% | 5.7% | 4.2% |
| 90 Day | -5.7% | 23.6% | 14.8% |
| 1 Year | 62.6%62.2% | 50.2%47.6% | 43.1%40.6% |
| 3 Year | 56.3%54.9% | 11.0%5.9% | 29.1%22.5% |
| 5 Year | 914.6%899.5% | 73.8%62.4% | 93.4%78.3% |
Long-Term Price Volatility Vs. Market
How volatile is Escorts's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Announcing: Escorts (NSE:ESCORTS) Stock Soared An Exciting 909% In The Last Five Years2 weeks ago | Simply Wall St
Is Escorts Limited's (NSE:ESCORTS) Shareholder Ownership Skewed Towards Insiders?1 month ago | Simply Wall St
What Did Escorts' (NSE:ESCORTS) CEO Take Home Last Year?Valuation
Is Escorts undervalued compared to its fair value and its price relative to the market?
16.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ESCORTS (₹1318.8) is trading above our estimate of fair value (₹592.06)
Significantly Below Fair Value: ESCORTS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ESCORTS is good value based on its PE Ratio (16.4x) compared to the IN Machinery industry average (22.8x).
PE vs Market: ESCORTS is good value based on its PE Ratio (16.4x) compared to the Indian market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ESCORTS is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: ESCORTS is overvalued based on its PB Ratio (2.8x) compared to the IN Machinery industry average (1.4x).
Next Steps
Future Growth
How is Escorts forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
11.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESCORTS's forecast earnings growth (11.2% per year) is above the savings rate (7%).
Earnings vs Market: ESCORTS's earnings (11.2% per year) are forecast to grow slower than the Indian market (25.3% per year).
High Growth Earnings: ESCORTS's earnings are forecast to grow, but not significantly.
Revenue vs Market: ESCORTS's revenue (12.4% per year) is forecast to grow slower than the Indian market (14.5% per year).
High Growth Revenue: ESCORTS's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ESCORTS's Return on Equity is forecast to be low in 3 years time (16.2%).
Next Steps
Past Performance
How has Escorts performed over the past 5 years?
26.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESCORTS has high quality earnings.
Growing Profit Margin: ESCORTS's current net profit margins (11.9%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: ESCORTS's earnings have grown significantly by 26.2% per year over the past 5 years.
Accelerating Growth: ESCORTS's earnings growth over the past year (59.1%) exceeds its 5-year average (26.2% per year).
Earnings vs Industry: ESCORTS earnings growth over the past year (59.1%) exceeded the Machinery industry -7.9%.
Return on Equity
High ROE: ESCORTS's Return on Equity (16.4%) is considered low.
Next Steps
Financial Health
How is Escorts's financial position?
Financial Position Analysis
Short Term Liabilities: ESCORTS's short term assets (₹42.3B) exceed its short term liabilities (₹17.5B).
Long Term Liabilities: ESCORTS's short term assets (₹42.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: ESCORTS's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: ESCORTS's debt to equity ratio has reduced from 25.3% to 0.2% over the past 5 years.
Debt Coverage: ESCORTS's debt is well covered by operating cash flow (13171.7%).
Interest Coverage: ESCORTS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Escorts's current dividend yield, its reliability and sustainability?
0.19%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ESCORTS's dividend (0.19%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: ESCORTS's dividend (0.19%) is low compared to the top 25% of dividend payers in the Indian market (1.77%).
Stability and Growth of Payments
Stable Dividend: ESCORTS is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: ESCORTS is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ESCORTS is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESCORTS's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Nikhil Nanda
7.5yrs
Tenure
₹111,300,000
Compensation
Mr. Nikhil Nanda has been the Managing Director of Escorts Limited since September 2013 and its Chairman since August 7, 2018. Mr. Nanda served as Joint Managing Director of Escorts Ltd. from September 200...
CEO Compensation Analysis
Compensation vs Market: Nikhil's total compensation ($USD1.52M) is above average for companies of similar size in the Indian market ($USD461.88K).
Compensation vs Earnings: Nikhil's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 7.5yrs | ₹111.30m | 0.93% ₹ 1.6b | |
| Group CFO & Corporate Head | no data | ₹21.74m | no data | |
| Chief GM of Legal & Secretarial | 1.25yrs | ₹7.58m | no data | |
| Head of Group Investment Companies & Whole-Time Director | 6.17yrs | ₹26.50m | 0.15% ₹ 255.1m | |
| Executive & Non-Independent Director | 2yrs | ₹32.30m | no data | |
| Group Head of Corporate Marketing & Brand Communications | no data | no data | 0.000060% ₹ 104.3k | |
| Group Chief Human Resources Officer & Dy. Corporate Head | 0.17yr | no data | no data | |
| Head of Component Plant & CHD | no data | ₹7.05m | no data | |
| Chief Executive Officer of Railway Equipment Division | no data | no data | no data | |
| Chief Executive Officer of Escorts Agri Machinery | 3.17yrs | no data | no data | |
| Chief Executive Officer of Escorts Construction Equipment | 4.42yrs | no data | 0.0011% ₹ 2.0m | |
| Financial Analyst & Investors Relations | no data | no data | no data |
2.6yrs
Average Tenure
53yo
Average Age
Experienced Management: ESCORTS's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 7.5yrs | ₹111.30m | 0.93% ₹ 1.6b | |
| Head of Group Investment Companies & Whole-Time Director | 6.17yrs | ₹26.50m | 0.15% ₹ 255.1m | |
| Executive & Non-Independent Director | 2yrs | ₹32.30m | no data | |
| Non-Executive & Independent Director | 1.83yrs | ₹1.15m | 0.020% ₹ 34.6m | |
| Non-Executive & Independent Director | 1.17yrs | ₹550.00k | no data | |
| Additional Independent Director | 0.67yr | no data | no data | |
| Non-Executive & Non-Independent Director | 9.33yrs | ₹1.75m | 0.00038% ₹ 660.3k | |
| Non-Executive & Independent Director | 6.67yrs | ₹1.65m | no data | |
| Additional Non-Executive Director | 0.67yr | no data | no data | |
| Additional Non-Executive Director | 0.67yr | no data | no data | |
| Non-Executive & Independent Director | 6.67yrs | ₹1.57m | no data | |
| Non-Executive & Independent Director | 6.17yrs | ₹1.75m | no data |
2.3yrs
Average Tenure
63yo
Average Age
Experienced Board: ESCORTS's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ESCORTS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.
Top Shareholders
Company Information
Escorts Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Escorts Limited
- Ticker: ESCORTS
- Exchange: NSEI
- Founded: 1944
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: ₹173.765b
- Shares outstanding: 131.76m
- Website: https://www.escortsgroup.com
Number of Employees
Location
- Escorts Limited
- 15/5, Mathura Road
- Faridabad
- Haryana
- 121003
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500495 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 1995 |
| ESCORTS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 1995 |
Biography
Escorts Limited manufactures and sells agri machinery, construction equipment, and railway equipment in India and internationally. The company offers agricultural tractors under the Farmtrac, Powertrac, an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 12:18 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.