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ESCORTS - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.7

Stock Code ESCORTS Market Cap 34,595 Cr. Current Price 3,093 ₹ High / Low 4,180 ₹
Stock P/E 26.1 Book Value 1,064 ₹ Dividend Yield 0.91 % ROCE 13.7 %
ROE 12.8 % Face Value 10.0 ₹ DMA 50 3,460 ₹ DMA 200 3,533 ₹
Chg in FII Hold -0.02 % Chg in DII Hold 0.40 % PAT Qtr 403 Cr. PAT Prev Qtr 321 Cr.
RSI 35.2 MACD -127 Volume 82,145 Avg Vol 1Wk 1,09,480
Low price 2,776 ₹ High price 4,180 ₹ PEG Ratio 1.38 Debt to equity 0.01
52w Index 22.6 % Qtr Profit Var 38.7 % EPS 213 ₹ Industry PE 26.6

📊 Core Financials

  • Revenue growth: PAT improved to 403 Cr. from 321 Cr., showing growth momentum
  • Profit margins: EPS at 213 ₹, ROE 12.8%, ROCE 13.7% — moderate efficiency
  • Debt ratios: Very low debt-to-equity at 0.01, nearly debt-free
  • Cash flows: Profitability supports healthy cash generation
  • Return metrics: ROE and ROCE slightly below industry leaders

💹 Valuation Indicators

  • P/E Ratio: 26.1, in line with industry PE of 26.6, fair valuation
  • P/B Ratio: ~2.9 (3,093 ₹ / 1,064 ₹), reasonable
  • PEG Ratio: 1.38, slightly stretched relative to growth
  • Intrinsic Value: Current price appears fairly valued

🏢 Business Model & Competitive Advantage

  • Operates in agricultural machinery and equipment sector
  • Competitive advantage through strong brand presence in tractors and farm equipment
  • Industry demand supported by rural development and mechanization trends

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near 2,900–3,000 ₹ range
  • Long-Term Holding: Recommended with cautious optimism; fundamentals are stable but growth efficiency needs improvement

✅ Positive

  • PAT growth of 38.7% quarter-on-quarter
  • Debt-to-equity ratio at 0.01 shows near debt-free status
  • Dividend yield at 0.91% provides shareholder returns

⚠️ Limitation

  • ROE (12.8%) and ROCE (13.7%) are moderate compared to peers
  • PEG ratio at 1.38 suggests valuation slightly stretched
  • Stock trading below DMA 50 (3,460 ₹) and DMA 200 (3,533 ₹), showing weak momentum

📰 Company Negative News

  • FII holding decreased (-0.02%)
  • Stock corrected from 52-week high of 4,180 ₹
  • RSI at 35.2 indicates oversold conditions

🌟 Company Positive News

  • PAT increased to 403 Cr. from 321 Cr.
  • DII holding increased (+0.40%)
  • Dividend yield at 0.91% adds shareholder value

🏭 Industry

  • Industry PE at 26.6, ESCORTS trades in line with peers
  • Sector benefits from rural mechanization, government support, and agricultural growth

🔎 Conclusion

  • ESCORTS shows stable fundamentals with consistent profitability and minimal debt
  • Valuation is fair compared to industry peers, though efficiency metrics are moderate
  • Recommended for long-term holding, with entry near 2,900–3,000 ₹ offering attractive risk-reward potential

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