Escorts Limited operates within the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Escorts Limited with three other
manufacturers of agricultural equipment in Asia:
Maruyama Manufacturing Company Incorporated
sales of 34.32 billion Japanese Yen [US$307.13 million]
of which 77%
was Machinery For Agriculture And Forestry),
Daedong Industrial Company Limited
of South Korea
(585.41 billion Korean Won [US$520.43 million]
TongYangMoolsan Co Ltd
based in South Korea
(375.48 billion Korean Won [US$333.80 million]
of which 75%
was Farm Machinery Segment).
During the year ended March of 2016, sales at
Escorts Limited were 35.38 billion Indian Rupees (US$545.15 million).
decrease of 14.0%
versus 2015, when the company's sales were 41.13 billion Indian Rupees.
Contributing to the drop in overall sales was the 88.5% decline
in Other Operations, from 438.20 million Indian Rupees to 50.50 million Indian Rupees.
There were also decreases in sales in
Agri-Machinery Products (down 15.3% to 27.78 billion Indian Rupees)
Construction Equipment (down 11.6% to 4.55 billion Indian Rupees)
Auto Ancillary Products (down 10.6% to 923.60 million Indian Rupees)
Unallocated (down 71.7% to 14.10 million Indian Rupees)
However, these declines were partially offset by the increase in sales of
Railway Equipment (up 12.4% to 2.05 billion Indian Rupees)