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    Fine FM38 VS Bobcat E37 Ultra HD Excavator

    Fine FM38 vs Bobcat E37 Ultra HD: the two differ on 70 of 95 listed specs. The main differences are Engine (Kubota 24 HP vs Kubota 33.3 HP), Price (₹27 - 29 lakh vs ₹29 - 31 lakh), Operating Weight (3810 Kg vs 3447 Kg), Bucket Capacity (0.12 m³ vs 0.11 m³). The other 25 specs are the same.

    Specs from OEM brochures · comparison updated Aug 2026

    Fine FM38
    ₹27 - 29 lakh*

    Fine FM38

    • Weight

      3810 Kg

    • Bucket

      0.12 m³

    • Dig. Depth

      3208 mm

    • Engine

      Kubota 24 HP

    • Warranty

      1 Yr. / 1000 hr.

    • Boom

      2535 mm
    Mini (0-6 Ton)
    Bobcat E37 Ultra HD
    ₹29 - 31 lakh*

    Bobcat E37 Ultra HD

    • Weight

      3447 Kg

    • Bucket

      0.11 m³

    • Dig. Depth

      3117 mm

    • Engine

      Kubota 33.3 HP

    • Warranty

      2 Yr. / 2000 hr.

    • Boom

      NA
    Mini (0-6 Ton)

    Add a third machine

    What's different: Fine FM38 vs Bobcat E37 Ultra HD

    70 specs differ, 25 are identical. The full tables are below.

    SpecFine FM38Bobcat E37 Ultra HD
    EngineKubota 24 HPKubota 33.3 HP
    Price₹27 - 29 lakh₹29 - 31 lakh
    Operating Weight3810 Kg3447 Kg
    Bucket Capacity0.12 m³0.11 m³
    Max Digging Depth3208 mm3117 mm
    Fuel Tank42 L52.0 L
    Warranty1 Yr. / 1000 hr.2 Yr. / 2000 hr.
    BrandFine Equipments ExcavatorBobcat Excavator

    See all 70 differences ↓

    * Ex-factory price ranges are indicative for Sep 2026 and change with variant, city and offers; confirm with the dealer. On-road cost adds transport, RTO, insurance and accessories. Disclaimer

    The comparisons provided are based on the technical specifications published by the respective OEMs on their official websites and brochures. Please confirm these details directly with the OEMs before making any final decision.

    Key Highlights Fine FM38Bobcat E37 Ultra HD
    Fine FM38 VS Bobcat E37 Ultra HD Excavator

    Fine FM38 vs Bobcat E37 Ultra HD: the two differ on 70 of 95 listed specs. The main differences are Engine (Kubota 24 HP vs Kubota 33.3 HP), Price (₹27 - 29 lakh vs ₹29 - 31 lakh), Operating Weight (3810 Kg vs 3447 Kg), Bucket Capacity (0.12 m³ vs 0.11 m³). The other 25 specs are the same.

    Specs from OEM brochures · comparison updated Aug 2026

    Fine Excavator 38
    Fine FM38

    ₹27 - 29 lakh

    Bobcat E37 Ultra HD excavator | compact excavator
    Bobcat E37 Ultra HD

    ₹29 - 31 lakh

    Particulars Fine FM38 Bobcat E37 Ultra HD

    Bobcat E37 Ultra HD vs Fine FM38: Which Mini Excavator to Buy?

    Both the Bobcat E37 Ultra HD and the Fine FM38 are compact mini excavators for tight urban jobs, small drains, and landscaping work. The spec tables above show every number. Beyond the numbers, Bobcat is a long-established global brand for compact equipment, so it is a name buyers recognise, which helps when you sell the machine later. Fine is a newer name in the Indian market, so its dealer network and demand from used-machine buyers are still building up in most areas.

    For an owner-operator working in narrow lanes or society compounds, both machines are small enough to move easily, so the choice often comes down to which dealer is closer for service and which machine feels easier to drive. A small contractor buying a first machine may lean toward the more established Bobcat name, since it is easier to sell later, while a very cost-conscious buyer may look closely at the Fine FM38's standard features. Check dealer distance and parts stock before deciding. See the full Bobcat excavator range and Fine excavator range, browse all excavators, or read our excavator applications guide.

    Fine FM38

    Pros:

    • Equipped with a zero-tail swing suitable for urban environments
    • Standard AC Cabin for operator comfort
    • Better bucket digging force of 30 kN compared to Bobcat E37 Ultra HD
    • Slightly higher maximum digging reach and depth
    • Larger fuel tank capacity for extended operation

    Cons:

    • Lower engine power than the Bobcat E37 Ultra HD (24.40 HP vs 33.30 HP)
    • GPS not available for advanced tracking
    • Detailed technical specifications like gradeability, swing speed, etc., not provided

    Bobcat E37 Ultra HD

    Pros:

    • More powerful engine with 33.3 HP
    • Higher torque at 107.4 Nm, improving machinery efficiency
    • Comes with a better warranty period of 2 years or 2000 hours
    • Higher tracking force of 34.1 kN indicating better traction
    • Faster travel speed both in low and high mode

    Cons:

    • Optional AC Cabin which may incur additional costs
    • Smaller bucket size of 0.11 m³ compared to Fine FM38
    • Slightly lower maximum dump height
    • Although lighter in operating weight, might be less stable during heavy operations due to lighter weight

    Pros:

    Cons:

    Closing Recommendation

    Both are compact machines for small, tight worksites. Choose the Bobcat E37 Ultra HD when you want a well known global brand that is easier to sell later and gives strong power for its size. Choose the Fine FM38 when you need the tightest turning in narrow lanes and want a standard AC cabin for driver comfort. So match the machine to your work: Bobcat E37 Ultra HD for easy selling later and power, Fine FM38 for very tight urban spaces.

    Fine FM38 Vs Bobcat E37 Ultra HD Excavator Price, Technical Specifications & Features

    Brand Fine Equipments Excavator Bobcat Excavator
    Type Mini (0-6 Ton) Mini (0-6 Ton)
    Operating Cost ₹27 - 29 lakh ₹29 - 31 lakh
    Price ₹27 - 29 lakh ₹29 - 31 lakh
    Weight 3810 Kg 3447 Kg
    Bucket 0.12 m³ 0.11 m³
    Max Digging Depth 3208 mm 3117 mm
    Engine Kubota 24 HP Kubota 33.3 HP
    Warranty 1 Yr. / 1000 hr. 2 Yr. / 2000 hr.
    Boom 2535 mm NA
    Quick Overview:

    The Fine FM38 is a robust 3.8-ton mini excavator featuring a zero-tail swing. This mini excavator from Fine Construction Equipment designed for efficient hydraulic performance in confined urban environments.

    The Bobcat E37 Ultra HD is a 3.5-ton compact excavator designed for heavy performance, durability, and stability in tough job conditions. It features a Kubota engine that delivers 33.3 HP, providing strong breakout force and reliable output during demanding work cycles. With an operating weight of 3,447 kg, this machine gives a stable platform for challenging excavation tasks. It can dig up to a maximum depth of 3,117 mm, making it suitable for infrastructure projects, trenching, and foundation work. The bucket capacity of 0.11 m³ helps increase productivity by handling larger volumes per cycle. Its Ultra HD design boosts structural strength and durability for tough applications. Advanced hydraulics ensure precise control and smooth multi-function operations. Reinforced components and undercarriage improve machine stability and longevity. The Bobcat E37 Ultra HD excavator price in India is about Rs. 29 to 31 lakh. This excavator from Bobcat Construction Equipment is ideal for contractors and project developers seeking durability, strength, and high productivity in compact excavators.
    Agency review

    Planning to buy the Fine FM38 Mini Excavator in India? Get the best price, EMI & finance options, and delivery timelines by submitting a quick enquiry.

    Planning to buy the Bobcat E37 Ultra HD Mini Excavator in India? Get the best price, EMI & finance options, and delivery timelines by submitting a quick enquiry.

    Bobcat E37 Ultra HD vs Fine FM38: Which Mini Excavator to Buy?

    Both the Bobcat E37 Ultra HD and the Fine FM38 are compact mini excavators for tight urban jobs, small drains, and landscaping work. The spec tables above show every number. Beyond the numbers, Bobcat is a long-established global brand for compact equipment, so it is a name buyers recognise, which helps when you sell the machine later. Fine is a newer name in the Indian market, so its dealer network and demand from used-machine buyers are still building up in most areas.

    For an owner-operator working in narrow lanes or society compounds, both machines are small enough to move easily, so the choice often comes down to which dealer is closer for service and which machine feels easier to drive. A small contractor buying a first machine may lean toward the more established Bobcat name, since it is easier to sell later, while a very cost-conscious buyer may look closely at the Fine FM38's standard features. Check dealer distance and parts stock before deciding. See the full Bobcat excavator range and Fine excavator range, browse all excavators, or read our excavator applications guide.

    Fine FM38

    Pros:

    • Equipped with a zero-tail swing suitable for urban environments
    • Standard AC Cabin for operator comfort
    • Better bucket digging force of 30 kN compared to Bobcat E37 Ultra HD
    • Slightly higher maximum digging reach and depth
    • Larger fuel tank capacity for extended operation

    Cons:

    • Lower engine power than the Bobcat E37 Ultra HD (24.40 HP vs 33.30 HP)
    • GPS not available for advanced tracking
    • Detailed technical specifications like gradeability, swing speed, etc., not provided

    Bobcat E37 Ultra HD

    Pros:

    • More powerful engine with 33.3 HP
    • Higher torque at 107.4 Nm, improving machinery efficiency
    • Comes with a better warranty period of 2 years or 2000 hours
    • Higher tracking force of 34.1 kN indicating better traction
    • Faster travel speed both in low and high mode

    Cons:

    • Optional AC Cabin which may incur additional costs
    • Smaller bucket size of 0.11 m³ compared to Fine FM38
    • Slightly lower maximum dump height
    • Although lighter in operating weight, might be less stable during heavy operations due to lighter weight

    Pros:

    Cons:

    Closing Recommendation

    Both are compact machines for small, tight worksites. Choose the Bobcat E37 Ultra HD when you want a well known global brand that is easier to sell later and gives strong power for its size. Choose the Fine FM38 when you need the tightest turning in narrow lanes and want a standard AC cabin for driver comfort. So match the machine to your work: Bobcat E37 Ultra HD for easy selling later and power, Fine FM38 for very tight urban spaces.

    Fine FM38 Vs Bobcat E37 Ultra HD Excavator Price, Technical Specifications & Features

    Fine FM38 Bobcat E37 Ultra HD
    Brand
    Fine Equipments Excavator Bobcat Excavator
    Type
    Mini (0-6 Ton) Mini (0-6 Ton)
    Price
    ₹27 - 29 lakh ₹29 - 31 lakh
    Weight
    3810 Kg 3447 Kg
    Bucket
    0.12 m³ 0.11 m³
    Max Digging Depth
    3208 mm 3117 mm
    Engine
    Kubota 24 HP Kubota 33.3 HP
    Warranty
    1 Yr. / 1000 hr. 2 Yr. / 2000 hr.
    Boom
    2535 mm NA
    Quick Overview:

    The Fine FM38 is a robust 3.8-ton mini excavator featuring a zero-tail swing. This mini excavator from Fine Construction Equipment designed for efficient hydraulic performance in confined urban environments.

    The Bobcat E37 Ultra HD is a 3.5-ton compact excavator designed for heavy performance, durability, and stability in tough job conditions. It features a Kubota engine that delivers 33.3 HP, providing strong breakout force and reliable output during demanding work cycles. With an operating weight of 3,447 kg, this machine gives a stable platform for challenging excavation tasks. It can dig up to a maximum depth of 3,117 mm, making it suitable for infrastructure projects, trenching, and foundation work. The bucket capacity of 0.11 m³ helps increase productivity by handling larger volumes per cycle. Its Ultra HD design boosts structural strength and durability for tough applications. Advanced hydraulics ensure precise control and smooth multi-function operations. Reinforced components and undercarriage improve machine stability and longevity. The Bobcat E37 Ultra HD excavator price in India is about Rs. 29 to 31 lakh. This excavator from Bobcat Construction Equipment is ideal for contractors and project developers seeking durability, strength, and high productivity in compact excavators.
    70 differ · 25 identical

    Key highlights: Fine FM38 vs Bobcat E37 Ultra HD Excavator

    Fine FM38 Bobcat E37 Ultra HD
    Engine Make Kubota D1703 Kubota - D1803
    Fuel Tank 42 L 52.0 L
    Engine Displacment NA 1.86 L
    Under Carriage 2125 mm 1970 mm
    Hydraulic System 20.5 L NA
    Arm 1400 mm NA
    Max Digging Reach 5480 mm NA
    Fuel Consumption 4-6 L/hour NA
    Overall Width 1755 mm 1550 mm
    Overall Length 4915 mm 4661 mm
    Bucket Digging Force 30 kN 33.4 kN
    Tailswing Radius 860 mm NA
    Track Shoe Width 350 mm 300 mm
    AC Cabin Standard Optional
    GPS Not Available Not Available

    Key highlights: Fine FM38 vs Bobcat E37 Ultra HD Excavator

    Fine FM38 Bobcat E37 Ultra HD
    Engine Make
    Kubota D1703 Kubota - D1803
    Fuel Tank
    42 L 52.0 L
    Engine Displacment
    NA 1.86 L
    Under Carriage
    2125 mm 1970 mm
    Hydraulic System
    20.5 L NA
    Arm
    1400 mm NA
    Max Digging Reach
    5480 mm NA
    Fuel Consumption
    4-6 L/hour NA
    Overall Width
    1755 mm 1550 mm
    Overall Length
    4915 mm 4661 mm
    Bucket Digging Force
    30 kN 33.4 kN
    Tailswing Radius
    860 mm NA
    Track Shoe Width
    350 mm 300 mm
    AC Cabin
    Standard Optional
    GPS
    Not Available Not Available

    Full specifications: Fine FM38 vs Bobcat E37 Ultra HD Excavator

    Engine

    10995 3513
    Model Kubota 24 HP Kubota 33.3 HP
    Fuel Diesel Diesel
    Type NA 3 cylinders
    Rated Engine Power 24.40 HP (18.2 kW) @ 2200 rpm 33.3 HP (24.8 kW) @ 2400 rpm
    Maximum Torque NA 107.4 Nm
    Piston Displacement NA 1.86 L
    Alternator NA NA
    Battery 12V NA
    Starting Motor NA NA

    Undercarriage

    NA NA
    No of Top rollers NA NA
    No of bottom rollers NA NA
    Track Shoes (Each Side) NA NA
    Track Guard NA NA
    Track Shoe width 350 mm 300 mm
    Ground bearing pressure NA 34.53 kPa
    Track Tensioning Grease Grease
    Gradeability NA NA
    Travel Speed-Low 2.4 Km/h 2.6 Km/h
    Travel Speed-High 4.4 Km/h 4.7 km/h
    Max Tracking Force NA 34.1 kN

    Hydraulic System

    Fine FM38 Bobcat E37 Ultra HD
    Hydraulic pump Piston Pump Single outlet variable displacement piston pump with gear pumps
    Maximum Flow 88 L/min 92.4 L/min
    Pilot Pump NA Gear Pump
    Implement Circuit 22.5 MPa 20.6 MPa
    Swing Circuit NA NA
    Travel circuit NA NA
    Pilot circuit NA NA

    Hydraulic Motors

    Fine FM38 Bobcat E37 Ultra HD
    Travel Not Available NA
    Swing Slew Reducer Type NA

    Service Capacities

    Fine FM38 Bobcat E37 Ultra HD
    Fuel tank 42 L 52.0 L
    Engine Coolant 14 L 8.0 L
    Engine oil 7 L 5.2 L
    Hydraulic system 20.5 L NA
    Hydraulic tank 40 L 8.3 L

    Machine Weight

    Fine FM38 Bobcat E37 Ultra HD
    Operating Weight 3810 Kg 3447 Kg

    Working Range

    Fine FM38 Bobcat E37 Ultra HD
    Boom length 2535 mm NA
    Arm length 1400 mm NA
    Max Digging Reach 5480 mm NA
    Max Digging Reach on ground NA 4980 mm
    Max digging depth 3208 mm 3117 mm
    Max digging height 4540 mm NA
    Max Dump Height 3280 mm 3437 mm
    Max vertical wallcut depth 2957 mm NA
    Min swing radius NA NA
    Max Height at Min Swing radius NA NA
    Max height (above ground) NA NA
    Dig depth (below ground) NA NA
    Bucket Digging Force 30 kN 33.4 kN
    Arm Digging Force 18 kN 18 kN
    Swing Speed NA 8.6 rpm

    Dozer Blade

    Fine FM38 Bobcat E37 Ultra HD
    Dozer Type Hydraulic Lifiting Type NA
    Dozer Length NA NA
    Digging depth for ground level 385 mm NA
    Approach Angle NA NA
    Width 1720 mm 1550 mm
    Height 350 mm NA

    Bucket

    Fine FM38 Bobcat E37 Ultra HD
    Bucket Capacity 0.12 m³ 0.11 m³

    Static Dimensions

    Fine FM38 Bobcat E37 Ultra HD
    Overall Length 4915 mm 4661 mm
    Overall width 1755 mm 1550 mm
    Overall Height 2525 mm 2438 mm
    Overall Height of Cab NA 2438 mm
    Upper Width NA NA
    Track Lengh on Ground 1670 mm 1542 mm
    Undercarriage overall length 2125 mm 1970 mm
    Tailswing radius 860 mm NA
    Min Ground clearance 305 mm NA
    Track gauge NA NA
    Width over tracks 1755 mm NA
    Track Height NA NA
    Counterweight Clearance NA 540 mm
    Track Shoe Width 350 mm 300 mm

    Full specifications: Fine FM38 vs Bobcat E37 Ultra HD Excavator

    Engine

    Fine FM38 Bobcat E37 Ultra HD
    Model
    Kubota 24 HP Kubota 33.3 HP
    Fuel
    Diesel Diesel
    Type
    NA 3 cylinders
    Rated Engine Power
    24.40 HP (18.2 kW) @ 2200 rpm 33.3 HP (24.8 kW) @ 2400 rpm
    Maximum Torque
    NA 107.4 Nm
    Piston Displacement
    NA 1.86 L
    Alternator
    NA NA
    Battery
    12V NA
    Starting Motor
    NA NA

    Undercarriage

    Fine FM38 Bobcat E37 Ultra HD
    No of Top rollers
    NA NA
    No of bottom rollers
    NA NA
    Track Shoes (Each Side)
    NA NA
    Track Guard
    NA NA
    Track Shoe width
    350 mm 300 mm
    Ground bearing pressure
    NA 34.53 kPa
    Track Tensioning
    Grease Grease
    Gradeability
    NA NA
    Travel Speed-Low
    2.4 Km/h 2.6 Km/h
    Travel Speed-High
    4.4 Km/h 4.7 km/h
    Max Tracking Force
    NA 34.1 kN

    Hydraulic Motors

    Fine FM38 Bobcat E37 Ultra HD
    Hydraulic pump
    Piston Pump Single outlet variable displacement piston pump with gear pumps
    Maximum Flow
    88 L/min 92.4 L/min
    Pilot Pump
    NA Gear Pump
    Implement Circuit
    22.5 MPa 20.6 MPa
    Swing Circuit
    NA NA
    Travel circuit
    NA NA
    Pilot circuit
    NA NA

    Service Capacities

    Fine FM38 Bobcat E37 Ultra HD
    Fuel tank
    42 L 52.0 L
    Engine Coolant
    14 L 8.0 L
    Engine oil
    7 L 5.2 L
    Hydraulic system
    20.5 L NA
    Hydraulic tank
    40 L 8.3 L

    Machine Weight

    Fine FM38 Bobcat E37 Ultra HD
    Operating Weight
    3810 Kg 3447 Kg

    Working Range

    Fine FM38 Bobcat E37 Ultra HD
    Boom length
    2535 mm NA
    Arm length
    1400 mm NA
    Max Digging Reach
    5480 mm NA
    Max Digging Reach on ground
    NA 4980 mm
    Max digging depth
    3208 mm 3117 mm
    Max digging height
    4540 mm NA
    Max Dump Height
    3280 mm 3437 mm
    Max vertical wallcut depth
    2957 mm NA
    Min swing radius
    NA NA
    Max Height at Min Swing radius
    NA NA
    Max height (above ground)
    NA NA
    Dig depth (below ground)
    NA NA
    Bucket Digging Force
    30 kN 33.4 kN
    Arm Digging Force
    18 kN 18 kN
    Swing Speed
    NA 8.6 rpm

    Dozer Blade

    Fine FM38 Bobcat E37 Ultra HD
    Dozer Type
    Hydraulic Lifiting Type NA
    Dozer Length
    NA NA
    Digging depth for ground level
    385 mm NA
    Approach Angle
    NA NA
    Width
    1720 mm 1550 mm
    Height
    350 mm NA

    Bucket

    Fine FM38 Bobcat E37 Ultra HD
    Bucket Capacity
    0.12 m³ 0.11 m³

    Static Dimensions

    Fine FM38 Bobcat E37 Ultra HD
    Overall Length
    4915 mm 4661 mm
    Overall width
    1755 mm 1550 mm
    Overall Height
    2525 mm 2438 mm
    Overall Height of Cab
    NA 2438 mm
    Upper Width
    NA NA
    Track Lengh on Ground
    1670 mm 1542 mm
    Undercarriage overall length
    2125 mm 1970 mm
    Tailswing radius
    860 mm NA
    Min Ground clearance
    305 mm NA
    Track gauge
    NA NA
    Width over tracks
    1755 mm NA
    Track Height
    NA NA
    Counterweight Clearence
    NA 540 mm
    Track Shoe Width
    350 mm 300 mm

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    Questions buyers ask about the Fine FM38 vs Bobcat E37 Ultra HD

    Ans.

    The Bobcat E37 Ultra HD is generally easier to sell later. Bobcat is a well known global brand for small equipment, so more buyers look for it in the used market. The Fine FM38 also finds buyers, but as a newer brand name in India, it does not yet pull as wide a crowd of second-hand buyers.

    Ans.

    The Fine FM38 has a zero-tail swing design, which means the back of the machine stays within its tracks when it turns. This helps in very tight lanes, society compounds, and close to walls. The Bobcat E37 Ultra HD also works well in compact spaces, so both suit small urban jobs.

    Ans.

    Check this carefully in your own area before buying. Bobcat has a longer history and a wider dealer base for compact equipment across India. Fine is newer, so its parts and service points may be fewer outside major cities right now. Ask both dealers how fast they can supply a common wear part.

    Ans.

    The Fine FM38 comes with an AC cabin as standard, which helps a lot on hot days. On the Bobcat E37 Ultra HD, the AC cabin is an optional extra, so check if it is fitted on the unit you are buying. For long daily shifts in heat, a standard AC cabin saves the driver's energy.

    Ans.

    Yes. Banks and equipment finance companies offer loans for mini excavators like both these models, often with a smaller down payment than for bigger machines. Your monthly payment depends on your credit record and down payment. Compare two or three lenders before choosing one.

    Fine FM38 Vs Bobcat E37 Ultra HD - Compare Price & Availability Across 600+ Locations in India

    Compare Fine FM38 Vs Bobcat E37 Ultra HD price and availability across all major cities in India including Mumbai, Pune, Kolkata, Hyderabad, Chennai, Bengaluru, Delhi, Ahmedabad, Indore, Jaipur, Guwahati, and 600+ more locations.

    Maharashtra
    26 cities

    • Mumbai

    • Pune

    • Nagpur

    • Navi Mumbai

    • Thane

    • Nashik

    • Aurangabad (Chhatrapati Sambhajinagar)

    • Solapur

    • Kolhapur

    • Amravati

    • Chandrapur

    • Yavatmal

    • Latur

    • Dhule

    • Ahmednagar

    • Jalgaon

    • Raigad

    • Beed

    • Wardha

    • Palghar

    • Sangli

    • Ratnagiri

    • Satara

    • Nanded

    • Akola

    • Buldhana

    Gujarat
    21 cities

    • Ahmedabad

    • Gandhinagar

    • Surat

    • Vadodara

    • Rajkot

    • Bhavnagar

    • Jamnagar

    • Mundra

    • Kutch

    • Vapi

    • Anand

    • Mehsana

    • Morbi

    • Surendranagar

    • Amreli

    • Bharuch

    • Navsari

    • Dahej

    • Alang

    • Dholera

    • Gandhidham

    Goa
    5 cities

    • Panaji

    • Vasco da Gama

    • Margao

    • Calangute

    • Mormugao

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