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JULY 26 RECOMMENDATION

NSE:ESCORTS   ESCORTS KUBOTA LTD
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Product Portfolio
The Co. is engaged in the manufacturing of agricultural tractors, engines for agricultural tractors, construction, earthmoving and material handling equipment, round and flat tubes, heating elements, double-acting hydraulic shock absorbers for railways coaches, centre buffer couplers, automobile shock absorbers, telescopic front fork & Mcpherson struts, brake block, internal combustion engines and all types of brake used by railways.

Market Share
Agri Machinery: The Co. has a ~10.3% domestic market share in the manufacturing of tractors as of March 2022 against 11.3% in March 2021. The capacity utilization in FY22 stood at 75%.
Construction Equipment: The Co. has a market share of ~43% in the manufacture of Cranes and 12.6% market share in the manufacture of compactor and 2.3% market share in the manufacturing of BHL. During FY22, the segment operated at a capacity utilization of 42%.

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