Escorts Ltd., incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 21994.21 Crore) operating in Auto sector.
Escorts Ltd. key Products/Revenue Segments include Tractors Agricultural, Other Operating Revenue, Scrap, Sale of services and Export Incentives for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 1739.36 Crore, down -.64 % from last quarter Total Income of Rs 1750.61 Crore and up 2.72 % from last year same quarter Total Income of Rs 1693.37 Crore. Company reported net profit after tax of Rs 177.30 Crore in latest quarter.
Investment Rationale
Resuming up move after a higher base above the recent seven months range breakout area.
Promoter/FII Holdings
Promoters held 36.59 per cent stake in the company as of 30-Sep-2021, while FIIs owned 21.53 per cent, DIIs 7.63 per cent.
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