Nifty
:
26186.45
Sensex
:
85712.37
152.70 (0.59%)
447.05 (0.52%)
Nifty
Sensex
:
:
26186.45
85712.37
152.70 (0.59%)
447.05 (0.52%)

Eicher Motors Ltd.

Automobile Two & Three Wheelers

Rating :
84/99

BSE: 505200 | NSE: EICHERMOT

NSE BSE
7208.00
05-Dec-2025
  • Open
  • High
  • Low
  • Previous Close
  •  7120
  •  7218
  •  7070.5
  •  7100.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  501035
  •  3592590631.5
  •  7284.5
  •  4646

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,97,717.63
  • 38.71
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,97,715.63
  • 0.97%
  • 8.95

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 49.06%
  • 0.38%
  • 7.32%
  • FII
  • DII
  • Others
  • 26.98%
  • 13.49%
  • 2.77%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.82
  • 16.69
  • 9.32

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.80
  • 21.48
  • 6.47

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.81
  • 29.19
  • 17.56

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 33.45
  • 35.04
  • 32.00

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.05
  • 6.75
  • 6.92

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 23.84
  • 25.94
  • 23.96

Earnings Forecasts:

(Updated: 06-12-2025)
Description
2024
2025
2026
2027
Adj EPS
172.76
194.12
223.23
250.97
P/E Ratio
41.72
37.13
32.29
28.72
Revenue
18870.3
22696.9
25632.6
28810.7
EBITDA
4711.93
5602.01
6471.52
7309.65
Net Income
4734.44
5430.65
6235.08
7010.62
ROA
18.82
20.95
20.91
21.3
P/B Ratio
9.28
8.11
6.99
6.04
ROE
24.07
23.66
23.41
22.86
FCFF
3240.09
4191.3
4745.09
5557.46
FCFF Yield
1.67
2.16
2.44
2.86
Net Debt
-652.43
-13362.1
-15537.5
-19740.2
BVPS
776.78
889.23
1031.9
1192.48

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
6,171.59
4,263.07
44.77%
5,041.84
4,393.05
14.77%
5,241.11
4,256.04
23.15%
4,973.12
4,178.84
19.01%
Expenses
4,659.69
3,175.35
46.75%
3,839.06
3,227.62
18.94%
3,983.42
3,127.40
27.37%
3,771.93
3,088.57
22.13%
EBITDA
1,511.90
1,087.72
39.00%
1,202.78
1,165.43
3.20%
1,257.69
1,128.64
11.43%
1,201.19
1,090.27
10.17%
EBIDTM
24.50%
25.51%
23.86%
26.53%
24.00%
26.52%
24.15%
26.09%
Other Income
350.92
353.78
-0.81%
446.06
281.95
58.21%
380.39
305.15
24.66%
288.78
253.73
13.81%
Interest
19.16
13.14
45.81%
14.90
12.27
21.43%
15.54
15.34
1.30%
13.39
12.43
7.72%
Depreciation
199.56
180.06
10.83%
198.06
168.63
17.45%
201.37
165.25
21.86%
179.27
147.54
21.51%
PBT
1,644.10
1,248.30
31.71%
1,435.88
1,266.48
13.38%
1,421.17
1,253.20
13.40%
1,297.31
1,184.03
9.57%
Tax
409.56
261.72
56.49%
387.77
339.58
14.19%
307.01
314.56
-2.40%
290.32
301.91
-3.84%
PAT
1,234.54
986.58
25.13%
1,048.11
926.90
13.08%
1,114.16
938.64
18.70%
1,006.99
882.12
14.16%
PATM
20.00%
23.14%
20.79%
21.10%
21.26%
22.05%
20.25%
21.11%
EPS
49.93
40.14
24.39%
43.94
40.20
9.30%
49.68
39.10
27.06%
42.70
36.38
17.37%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
21,427.66
18,870.35
16,535.78
14,442.18
10,297.83
8,720.35
9,153.58
9,797.06
8,964.96
7,033.36
6,173.46
Net Sales Growth
25.37%
14.12%
14.50%
40.24%
18.09%
-4.73%
-6.57%
9.28%
27.46%
13.93%
 
Cost Of Goods Sold
11,945.90
10,297.08
8,980.65
8,211.90
5,955.68
5,112.27
4,995.94
5,057.38
4,635.15
3,706.84
3,448.39
Gross Profit
9,481.76
8,573.27
7,555.13
6,230.28
4,342.15
3,608.08
4,157.64
4,739.68
4,329.81
3,326.52
2,725.07
GP Margin
44.25%
45.43%
45.69%
43.14%
42.17%
41.38%
45.42%
48.38%
48.30%
47.30%
44.14%
Total Expenditure
16,254.10
14,158.32
12,208.87
10,998.60
8,125.58
6,939.10
6,973.23
6,893.95
6,157.33
4,859.41
4,483.85
Power & Fuel Cost
-
89.53
80.61
72.97
55.78
52.98
62.86
66.96
52.41
46.02
46.18
% Of Sales
-
0.47%
0.49%
0.51%
0.54%
0.61%
0.69%
0.68%
0.58%
0.65%
0.75%
Employee Cost
-
1,391.23
1,235.69
1,001.93
821.02
843.23
795.78
702.44
573.68
426.28
350.21
% Of Sales
-
7.37%
7.47%
6.94%
7.97%
9.67%
8.69%
7.17%
6.40%
6.06%
5.67%
Manufacturing Exp.
-
490.85
430.90
412.03
344.45
259.78
267.70
277.08
229.64
177.92
164.95
% Of Sales
-
2.60%
2.61%
2.85%
3.34%
2.98%
2.92%
2.83%
2.56%
2.53%
2.67%
General & Admin Exp.
-
431.10
377.57
262.86
188.43
138.12
188.32
220.03
162.07
119.79
116.61
% Of Sales
-
2.28%
2.28%
1.82%
1.83%
1.58%
2.06%
2.25%
1.81%
1.70%
1.89%
Selling & Distn. Exp.
-
1,199.87
877.62
741.43
615.04
374.59
467.03
420.62
392.49
292.46
271.05
% Of Sales
-
6.36%
5.31%
5.13%
5.97%
4.30%
5.10%
4.29%
4.38%
4.16%
4.39%
Miscellaneous Exp.
-
258.66
225.83
295.48
145.18
158.13
195.60
149.44
111.89
90.10
271.05
% Of Sales
-
1.37%
1.37%
2.05%
1.41%
1.81%
2.14%
1.53%
1.25%
1.28%
1.40%
EBITDA
5,173.56
4,712.03
4,326.91
3,443.58
2,172.25
1,781.25
2,180.35
2,903.11
2,807.63
2,173.95
1,689.61
EBITDA Margin
24.14%
24.97%
26.17%
23.84%
21.09%
20.43%
23.82%
29.63%
31.32%
30.91%
27.37%
Other Income
1,466.15
1,304.90
1,075.87
595.11
440.82
453.19
543.25
443.39
280.10
227.33
178.09
Interest
62.99
54.34
50.88
28.02
18.78
16.45
18.88
7.33
5.34
3.56
2.12
Depreciation
778.26
729.33
597.60
526.21
451.93
450.73
381.54
300.28
223.30
153.81
136.60
PBT
5,798.46
5,233.26
4,754.30
3,484.46
2,142.36
1,767.26
2,323.18
3,038.89
2,859.09
2,243.91
1,728.98
Tax
1,394.66
1,198.63
1,201.01
885.69
525.91
451.50
527.45
1,077.04
935.93
720.30
538.88
Tax Rate
24.05%
22.90%
25.26%
25.42%
24.55%
25.55%
22.70%
35.44%
32.74%
32.10%
31.17%
PAT
4,403.80
4,734.44
4,001.01
2,913.94
1,676.60
1,315.76
1,795.73
1,961.85
1,923.16
1,523.61
1,190.10
PAT before Minority Interest
4,403.80
4,734.44
4,001.01
2,913.94
1,676.60
1,315.76
1,795.73
1,961.85
1,923.16
1,523.61
1,190.10
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
20.55%
25.09%
24.20%
20.18%
16.28%
15.09%
19.62%
20.02%
21.45%
21.66%
19.28%
PAT Growth
17.93%
18.33%
37.31%
73.80%
27.42%
-26.73%
-8.47%
2.01%
26.22%
28.02%
 
EPS
160.55
172.60
145.86
106.23
61.12
47.97
65.47
71.52
70.11
55.55
43.39

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
21,296.49
18,045.53
14,990.28
12,608.00
11,438.08
9,980.93
8,918.72
7,030.07
5,345.07
3,653.09
Share Capital
27.42
27.38
27.35
27.34
27.33
27.30
27.28
27.26
27.21
27.16
Total Reserves
21,162.75
17,941.01
14,904.62
12,539.70
11,330.88
9,883.64
8,832.69
6,943.01
5,272.73
3,600.70
Non-Current Liabilities
1,612.14
1,471.19
972.78
638.46
491.72
450.21
370.15
226.92
134.26
974.57
Secured Loans
184.36
163.46
62.96
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
194.91
175.02
102.46
67.96
22.56
21.20
23.00
29.12
26.13
923.30
Current Liabilities
4,265.78
3,598.41
3,234.58
2,893.37
2,628.81
2,018.58
2,097.96
2,265.24
1,529.75
1,204.98
Trade Payables
2,529.75
2,090.13
1,810.44
1,788.09
1,513.23
1,007.82
1,234.05
1,171.86
765.30
723.22
Other Current Liabilities
1,292.44
1,084.59
913.09
754.00
736.95
702.54
478.02
787.31
572.32
432.72
Short Term Borrowings
82.11
112.12
132.74
58.84
157.41
144.43
186.76
150.84
111.85
22.57
Short Term Provisions
361.48
311.57
378.31
292.44
221.22
163.79
199.13
155.23
80.28
26.47
Total Liabilities
27,174.41
23,115.13
19,197.64
16,139.83
14,558.61
12,449.72
11,386.83
9,522.23
7,009.08
5,832.64
Net Block
3,473.47
2,914.38
2,689.99
2,424.28
2,433.30
2,374.36
1,871.07
1,497.83
868.57
789.59
Gross Block
6,842.23
5,749.86
5,141.55
4,405.42
4,048.91
3,574.99
2,757.18
2,134.21
1,285.02
1,060.71
Accumulated Depreciation
3,368.76
2,835.48
2,451.56
1,981.14
1,615.61
1,200.63
886.11
636.38
416.45
271.12
Non Current Assets
20,220.25
18,963.80
15,514.41
10,520.49
5,750.13
6,075.13
6,971.52
6,987.19
5,628.14
4,783.84
Capital Work in Progress
491.47
555.10
472.07
504.78
314.29
312.17
449.74
333.21
373.77
94.48
Non Current Investment
13,943.35
13,346.04
12,100.77
7,295.89
2,826.06
3,239.43
4,457.22
4,951.30
4,107.73
2,805.34
Long Term Loans & Adv.
197.34
233.38
204.01
210.43
151.59
149.17
103.88
114.70
187.52
977.72
Other Non Current Assets
2,114.62
1,914.90
47.57
85.11
24.89
0.00
89.61
90.15
90.55
116.71
Current Assets
6,954.16
4,151.33
3,683.23
5,619.34
8,808.48
6,374.59
4,415.31
2,535.04
1,380.94
1,048.80
Current Investments
847.55
180.92
219.89
424.69
1,076.08
2,512.50
468.81
633.40
883.61
582.90
Inventories
1,563.75
1,409.64
1,278.44
1,132.40
874.60
572.35
633.38
394.64
335.90
308.39
Sundry Debtors
549.64
373.78
368.92
302.04
158.16
86.76
84.29
68.00
50.04
32.64
Cash & Bank
263.01
146.31
765.58
2,722.47
5,830.36
2,950.59
2,965.29
1,212.00
25.06
49.17
Other Current Assets
3,730.21
133.52
85.94
125.08
869.28
252.39
263.54
227.00
86.33
75.70
Short Term Loans & Adv.
3,438.80
1,907.16
964.46
912.66
620.39
124.66
151.88
174.11
60.57
67.18
Net Current Assets
2,688.38
552.92
448.65
2,725.97
6,179.67
4,356.01
2,317.35
269.80
-148.81
-156.18
Total Assets
27,174.41
23,115.13
19,197.64
16,139.83
14,558.61
12,449.72
11,386.83
9,522.23
7,009.08
5,832.64

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
3,979.92
3,723.71
2,822.66
1,527.04
1,690.97
1,694.12
1,575.47
2,482.25
1,707.97
1,463.08
PBT
5,933.07
5,202.02
3,799.63
2,142.36
1,767.26
2,354.89
3,279.77
2,895.60
2,387.38
1,876.92
Adjustment
-1,084.00
-798.43
-272.37
29.28
145.09
-118.40
-338.89
-44.24
-191.25
-158.19
Changes in Working Capital
211.03
387.95
65.67
-130.98
235.22
85.94
-456.93
438.01
163.48
263.00
Cash after chg. in Working capital
5,060.10
4,791.54
3,592.93
2,040.66
2,147.57
2,322.43
2,483.95
3,289.37
2,359.61
1,981.73
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,080.18
-1,067.83
-770.27
-513.62
-456.60
-628.31
-908.48
-807.12
-651.64
-518.65
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-2,483.34
-2,851.97
-2,416.45
-983.25
-1,625.30
-1,508.41
-659.88
-2,145.02
-1,743.58
-1,001.40
Net Fixed Assets
-976.07
-604.99
-621.37
-532.34
-468.91
-673.72
-739.14
-806.14
-500.36
-457.00
Net Investments
-720.23
-1,027.28
-4,329.64
-3,905.17
1,883.95
-878.70
819.81
-323.91
-157.70
-2,199.66
Others
-787.04
-1,219.70
2,534.56
3,454.26
-3,040.34
44.01
-740.55
-1,014.97
-1,085.52
1,655.26
Cash from Financing Activity
-1,398.67
-844.36
-417.44
-593.36
-14.76
-858.25
-292.30
-262.01
25.29
-465.52
Net Cash Inflow / Outflow
97.91
27.38
-11.23
-49.57
50.91
-672.54
623.29
75.22
-10.32
-3.84
Opening Cash & Equivalents
98.39
52.97
44.55
94.12
43.21
715.75
92.46
17.24
27.56
17.12
Closing Cash & Equivalent
218.96
98.39
52.97
44.55
94.12
43.21
715.75
92.46
17.24
13.28

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
772.80
656.26
545.96
459.66
415.60
363.04
324.78
255.70
194.78
133.57
ROA
18.83%
18.91%
16.49%
10.92%
9.74%
15.07%
18.77%
23.27%
23.73%
19.45%
ROE
24.18%
24.32%
21.19%
14.02%
12.37%
19.13%
24.79%
31.35%
34.13%
38.74%
ROCE
30.02%
31.35%
27.48%
18.31%
16.42%
24.36%
37.41%
45.33%
49.22%
55.40%
Fixed Asset Turnover
3.02
3.07
3.04
2.45
2.30
2.89
4.01
5.39
6.77
3.32
Receivable days
8.86
8.12
8.43
8.12
5.11
3.41
2.84
2.34
1.90
15.57
Inventory Days
28.53
29.39
30.28
35.39
30.16
24.04
19.15
14.46
14.81
24.97
Payable days
81.88
79.27
79.97
101.16
89.06
55.89
56.68
51.46
47.37
71.04
Cash Conversion Cycle
-44.49
-41.76
-41.27
-57.65
-53.80
-28.44
-34.70
-34.66
-30.66
-30.50
Total Debt/Equity
0.01
0.02
0.01
0.00
0.01
0.01
0.02
0.02
0.02
0.01
Interest Cover
110.18
103.24
136.60
118.28
108.43
124.05
415.58
536.41
631.31
816.56

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Eicher Motors’ motorcycle division reports 22% rise in November sales
    1st Dec 2025, 17:23 PM

    The company’s sales of models with engine capacity up to 350 cc increased by 27% at 90,312 units in November 2025

    Read More
  • Eicher Motors - Quarterly Results
    14th Nov 2025, 00:00 AM

    Read More
  • Eicher Motors’ consolidated net profit surges 24% in Q2
    13th Nov 2025, 17:22 PM

    The consolidated total income of the company increased by 41.28% at Rs 6,522.51 crore for Q2FY26

    Read More
  • Eicher Motors’ motorcycle division reports 13% rise in October sales
    3rd Nov 2025, 12:58 PM

    During the festive months of September and October 2025, the Royal Enfield has achieved its highest-ever festive performance with motorcycle sales numbers crossing 2.49 lakh

    Read More
  • Eicher Motors’ JV to invest Rs 544 crore for greenfield factory in MP
    9th Oct 2025, 12:41 PM

    The investment is for the production and final assembly of the Volvo Group’s globally state-of-the-art 12-speed Automated Manual Transmission

    Read More
  • Eicher Motors’ motorcycle division reports 43% rise in September sales
    1st Oct 2025, 16:44 PM

    The company’s sales of models with engine capacity up to 350 cc increased by 43% at 1,07,478 units in September 2025 against 75,331 units in the same period year ago

    Read More
  • Eicher Motors’ motorcycle division enters into partnership with Flipkart
    19th Sep 2025, 14:30 PM

    The partnership offers customers with flexible payment options that will make their purchase of a Royal Enfield motorcycle more convenient and accessible

    Read More
  • Eicher Motors’ motorcycle division launches all-new Meteor 350
    15th Sep 2025, 15:40 PM

    In its refreshed avatar, the easy cruiser comes with new features and enhancements across its variants - Fireball, Stellar, Aurora and Supernova in seven striking new colourways

    Read More
  • Eicher Motors’ arm to pass on complete benefit of revised GST rates to customers
    11th Sep 2025, 16:14 PM

    By extending the full benefit of the GST reduction to customers, VECV reinforces its commitment to enabling greater efficiencies across the transport ecosystem

    Read More
  • Eicher Motors’ motorcycle division to cut 350cc motorcycle prices from September 22
    10th Sep 2025, 12:58 PM

    Royal Enfield will pass the full benefit of GST rate reduction to its customers across its motorcycle business, service, apparel and accessories range

    Read More
  • Eicher Motors’ JV signs MoU with Jio-bp pulse
    5th Sep 2025, 14:52 PM

    MoU aims to expand and streamline charging access for its electric commercial vehicle customers

    Read More
  • Eicher Motors’ motorcycle division reports 55% rise in August sales
    1st Sep 2025, 15:38 PM

    The company’s sales from International Business increased by 39% at 11,126 units in August 2025 against 8,006 units in the same period year ago

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.