Pick of the Week: Escorts Kubota Limited
Escorts Kubota Limited (EKL) is one of India’s leading engineering conglomerates, incorporated in 1944 and headquartered in Faridabad, Haryana. The company operates across three key business segments: Agri Machinery (~70% of revenue — tractors, engines, implements, spare parts and lubes under the Farmtrac, Powertrac, Steeltrac and Kubota brands), Construction Equipment (~19% — material handling, road compaction and earthmoving equipment), and Railway Equipment (~11% — brake systems, couplers, suspension and friction products, reported as discontinued operations from FY25 onwards).