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ESCORTS - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 3.8

Stock Code ESCORTS Market Cap 39,039 Cr. Current Price 3,489 ₹ High / Low 4,180 ₹
Stock P/E 32.2 Book Value 1,064 ₹ Dividend Yield 0.80 % ROCE 13.7 %
ROE 12.8 % Face Value 10.0 ₹ DMA 50 3,642 ₹ DMA 200 3,567 ₹
Chg in FII Hold -0.02 % Chg in DII Hold 0.40 % PAT Qtr 321 Cr. PAT Prev Qtr 315 Cr.
RSI 42.6 MACD -86.1 Volume 1,10,158 Avg Vol 1Wk 1,14,037
Low price 2,776 ₹ High price 4,180 ₹ PEG Ratio 1.70 Debt to equity 0.01
52w Index 50.8 % Qtr Profit Var 6.12 % EPS 209 ₹ Industry PE 32.8

📊 Core Financials

  • Revenue growth: Stable, PAT at 321 Cr vs 315 Cr in previous quarter, showing modest improvement.
  • Profit margins: EPS at 209 ₹ indicates strong earnings, though ROE (12.8 %) and ROCE (13.7 %) are moderate.
  • Debt ratios: Excellent, debt-to-equity at 0.01 shows negligible leverage.
  • Cash flows: Supported by consistent profitability and low debt burden.
  • Return metrics: Moderate efficiency compared to industry leaders.

💹 Valuation Indicators

  • P/E ratio: 32.2, in line with industry average (32.8), fairly valued.
  • P/B ratio: Current Price / Book Value ≈ 3.3, reasonable relative to assets.
  • PEG ratio: 1.70, indicates valuation is moderately stretched relative to growth.
  • Intrinsic value: Fairly valued, supported by strong earnings but limited growth momentum.

🏢 Business Model & Competitive Advantage

  • Operates in agricultural machinery and construction equipment sector.
  • Strong brand presence in tractors and farm equipment.
  • Competitive advantage through diversified product portfolio and rural demand base.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: Attractive near 2,800–3,100 ₹ levels, closer to 52-week low support.
  • Long-term holding: Favorable due to strong brand and low debt, though moderate ROE/ROCE suggests cautious optimism.

Positive

  • EPS at 209 ₹ reflects strong earnings.
  • Negligible debt-to-equity ratio (0.01).
  • Dividend yield at 0.80 % provides steady income.
  • DII holdings increased (+0.40 %).

Limitation

  • ROE (12.8 %) and ROCE (13.7 %) are moderate compared to peers.
  • PEG ratio at 1.70 indicates stretched valuation relative to growth.
  • Stock trading below DMA 50 and DMA 200, showing weak momentum.

Company Negative News

  • FII holdings decreased (-0.02 %).
  • Technical indicators weak: RSI at 42.6, MACD negative.
  • Stock corrected from 52-week high of 4,180 ₹.

Company Positive News

  • Quarterly PAT improved (321 Cr vs 315 Cr).
  • Strong fundamentals with consistent profitability.
  • Low debt ensures financial stability.

Industry

  • Agricultural machinery sector supported by rural demand and government initiatives.
  • Industry PE at 32.8, close to ESCORTS’s P/E, suggesting fair valuation.

Conclusion

  • ESCORTS demonstrates solid fundamentals with strong earnings and negligible debt.
  • Valuation is fair compared to industry peers, though growth efficiency is moderate.
  • Entry advisable near lower support levels; long-term holding recommended for investors seeking exposure to agricultural and construction equipment growth.

Would you like me to also prepare a comparative HTML snapshot against peers like Mahindra & Mahindra and VST Tillers to highlight ESCORTS’s relative valuation and strengths?

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