Nifty
:
23873.45
Sensex
:
76152.86
-41.00 (-0.17%)
-417.49 (-0.55%)
Nifty
Sensex
:
:
23873.45
76152.86
-41.00 (-0.17%)
-417.49 (-0.55%)

Eicher Motors Ltd.

Automobile Two & Three Wheelers

Rating :
76/99

BSE: 505200 | NSE: EICHERMOT

NSE BSE
7690.00
03-Sep-2026
  • Open
  • High
  • Low
  • Previous Close
  •  7715
  •  7738.5
  •  7597
  •  7711.50
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  437245
  •  3344518067.5
  •  8230
  •  6411.5

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,10,503.24
  • 36.47
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,10,566.21
  • 1.07%
  • 8.02

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 49.02%
  • 0.43%
  • 7.51%
  • FII
  • DII
  • Others
  • 25.53%
  • 13.98%
  • 3.53%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.78
  • 17.85
  • 12.28

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.28
  • 21.64
  • 5.98

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.40
  • 26.89
  • 11.29

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 33.46
  • 34.84
  • 32.57

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.74
  • 7.03
  • 7.46

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 24.03
  • 25.46
  • 25.34

Earnings Forecasts:

(Updated: 29-08-2026)
Description
2026
2027
2028
2029
Adj EPS
80
-19
13.88
203.73
P/E Ratio
96.13
-404.74
554.03
37.75
Revenue
31.71
27.44
24.13
23334.1
EBITDA
26986.8
30630.1
35201
5803.52
Net Income
6668.25
7735.14
9026.21
5544.04
ROA
6268.05
7249.25
8314.47
20.03
P/B Ratio
-0.51
-0.40
-0.32
8.57
ROE
6.92
5.96
5.23
24.29
FCFF
23.09
23.04
22.93
4362.68
FCFF Yield
4932.27
5744.25
7043.24
2.22
Net Debt
2.51
2.92
3.59
-14194.4
BVPS
-15211
-19000.1
-23907.4
896.84

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
6,632.42
5,041.84
31.55%
6,080.09
5,241.11
16.01%
6,114.04
4,973.12
22.94%
6,171.59
4,263.07
44.77%
Expenses
5,041.80
3,839.06
31.33%
4,566.42
3,983.42
14.64%
4,557.32
3,771.93
20.82%
4,659.69
3,175.35
46.75%
EBITDA
1,590.62
1,202.78
32.25%
1,513.67
1,257.69
20.35%
1,556.72
1,201.19
29.60%
1,511.90
1,087.72
39.00%
EBIDTM
23.98%
23.86%
24.90%
24.00%
25.46%
24.15%
24.50%
25.51%
Other Income
466.31
446.06
4.54%
352.19
380.39
-7.41%
337.36
288.78
16.82%
350.92
353.78
-0.81%
Interest
21.65
14.90
45.30%
20.20
15.54
29.99%
17.27
13.39
28.98%
19.16
13.14
45.81%
Depreciation
277.55
198.06
40.13%
231.65
201.37
15.04%
211.10
179.27
17.76%
199.56
180.06
10.83%
PBT
1,757.73
1,435.88
22.41%
1,614.01
1,421.17
13.57%
1,610.26
1,297.31
24.12%
1,644.10
1,248.30
31.71%
Tax
462.72
387.77
19.33%
416.91
307.01
35.80%
372.59
290.32
28.34%
409.56
261.72
56.49%
PAT
1,295.01
1,048.11
23.56%
1,197.10
1,114.16
7.44%
1,237.67
1,006.99
22.91%
1,234.54
986.58
25.13%
PATM
19.53%
20.79%
19.69%
21.26%
20.24%
20.25%
20.00%
23.14%
EPS
53.28
43.94
21.26%
55.41
49.68
11.53%
51.79
42.70
21.29%
49.93
40.14
24.39%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
24,998.14
23,407.56
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
Net Sales Growth
28.07%
24.04%
14.12%
14.50%
40.24%
18.09%
-4.73%
-6.57%
9.28%
27.46%
 
Cost Of Goods Sold
14,134.64
13,067.68
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
Gross Profit
10,863.50
10,339.88
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
GP Margin
43.46%
44.17%
45.43%
45.69%
43.14%
42.17%
41.38%
45.42%
48.38%
48.30%
47.30%
Total Expenditure
18,825.23
17,622.49
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
Power & Fuel Cost
-
101.43
89.53
80.61
72.97
55.78
52.98
62.86
66.96
52.41
46.02
% Of Sales
-
0.43%
0.47%
0.49%
0.51%
0.54%
0.61%
0.69%
0.68%
0.58%
0.65%
Employee Cost
-
1,637.57
1,391.23
1,235.69
1,001.93
821.02
843.23
795.78
702.44
573.68
426.28
% Of Sales
-
7.00%
7.37%
7.47%
6.94%
7.97%
9.67%
8.69%
7.17%
6.40%
6.06%
Manufacturing Exp.
-
593.99
490.85
430.90
412.03
344.45
259.78
267.70
277.08
229.64
177.92
% Of Sales
-
2.54%
2.60%
2.61%
2.85%
3.34%
2.98%
2.92%
2.83%
2.56%
2.53%
General & Admin Exp.
-
451.76
431.10
377.57
262.86
188.43
138.12
188.32
220.03
162.07
119.79
% Of Sales
-
1.93%
2.28%
2.28%
1.82%
1.83%
1.58%
2.06%
2.25%
1.81%
1.70%
Selling & Distn. Exp.
-
1,398.97
1,199.87
877.62
741.43
496.48
320.72
411.40
377.29
345.19
244.66
% Of Sales
-
5.98%
6.36%
5.31%
5.13%
4.82%
3.68%
4.49%
3.85%
3.85%
3.48%
Miscellaneous Exp.
-
371.09
258.66
225.83
295.48
263.74
212.00
251.23
192.77
159.19
244.66
% Of Sales
-
1.59%
1.37%
1.37%
2.05%
2.56%
2.43%
2.74%
1.97%
1.78%
1.96%
EBITDA
6,172.91
5,785.07
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
EBITDA Margin
24.69%
24.71%
24.97%
26.17%
23.84%
21.09%
20.43%
23.82%
29.63%
31.32%
30.91%
Other Income
1,506.78
1,486.53
1,304.90
1,075.87
595.11
440.82
453.19
543.25
443.39
280.10
227.33
Interest
78.28
71.53
54.34
50.88
28.02
18.78
16.45
18.88
7.33
5.34
3.56
Depreciation
919.86
840.37
729.33
597.60
526.21
451.93
450.73
381.54
300.28
223.30
153.81
PBT
6,626.10
6,359.70
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
Tax
1,661.78
1,586.83
1,198.63
1,201.01
885.69
525.91
451.50
527.45
1,077.04
935.93
720.30
Tax Rate
25.08%
25.17%
22.90%
25.26%
25.42%
24.55%
25.55%
22.70%
35.44%
32.74%
32.10%
PAT
4,964.32
5,515.23
4,734.44
4,001.01
2,913.94
1,676.60
1,346.89
1,827.44
2,220.25
2,179.72
1,713.08
PAT before Minority Interest
4,964.32
5,515.23
4,734.44
4,001.01
2,913.94
1,676.60
1,346.89
1,827.44
2,220.25
2,179.72
1,713.08
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
19.86%
23.56%
25.09%
24.20%
20.18%
16.28%
15.45%
19.96%
22.66%
24.31%
24.36%
PAT Growth
19.45%
16.49%
18.33%
37.31%
73.80%
24.48%
-26.30%
-17.69%
1.86%
27.24%
 
EPS
180.85
200.92
172.48
145.76
106.15
61.08
49.07
66.57
80.88
79.41
62.41

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
25,100.15
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
Share Capital
27.43
27.42
27.38
27.35
27.34
27.33
27.30
27.28
27.26
27.21
Total Reserves
24,914.49
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
Non-Current Liabilities
2,039.43
1,612.14
1,471.19
972.78
638.46
491.72
450.21
370.15
226.92
134.26
Secured Loans
201.63
184.36
163.46
62.96
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
259.51
194.91
175.02
102.46
67.96
22.56
21.20
23.00
29.12
26.13
Current Liabilities
5,023.98
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
Trade Payables
2,738.44
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
Other Current Liabilities
1,693.56
1,292.44
1,084.59
913.09
754.00
736.95
702.54
478.02
787.31
572.32
Short Term Borrowings
117.38
82.11
112.12
132.74
58.84
157.41
144.43
186.76
150.84
111.85
Short Term Provisions
474.60
361.48
311.57
378.31
292.44
221.22
163.79
199.13
155.23
80.28
Total Liabilities
32,163.56
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
Net Block
3,851.70
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
Gross Block
7,905.89
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
Accumulated Depreciation
4,054.19
3,368.76
2,835.48
2,451.56
1,981.14
1,615.61
1,200.63
886.11
636.38
416.45
Non Current Assets
22,609.31
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
Capital Work in Progress
736.30
491.47
555.10
472.07
504.78
314.29
312.17
449.74
333.21
373.13
Non Current Investment
14,663.97
13,943.35
13,346.04
12,100.77
7,295.89
2,826.06
3,236.27
4,453.71
4,947.44
4,103.52
Long Term Loans & Adv.
355.67
197.34
233.38
204.01
210.43
151.59
149.17
103.88
114.70
187.52
Other Non Current Assets
3,001.67
2,114.62
1,914.90
47.57
85.11
24.89
0.00
89.61
90.15
90.55
Current Assets
9,554.25
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
Current Investments
2,831.97
847.55
180.92
219.89
424.69
1,076.08
2,512.50
468.81
633.40
883.61
Inventories
1,967.82
1,563.75
1,409.64
1,278.44
1,132.40
874.60
572.35
633.38
394.64
335.90
Sundry Debtors
353.51
549.64
373.78
368.92
302.04
158.16
86.76
84.29
68.00
50.04
Cash & Bank
256.04
263.01
146.31
765.58
2,722.47
5,830.36
2,950.59
2,965.29
1,212.00
25.06
Other Current Assets
4,144.91
123.19
133.52
85.94
1,037.74
869.28
252.39
263.54
227.00
86.33
Short Term Loans & Adv.
3,982.42
3,607.02
1,907.16
964.46
912.66
620.39
125.65
156.92
174.11
60.57
Net Current Assets
4,530.27
2,688.38
552.92
448.65
2,725.97
6,179.67
4,356.01
2,317.35
269.80
-148.81
Total Assets
32,163.56
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

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
4,804.84
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
PBT
7,102.06
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
Adjustment
-1,216.62
-1,084.00
-798.43
-272.37
29.28
145.09
-118.40
-338.89
-44.24
-191.25
Changes in Working Capital
277.89
211.03
387.95
65.67
-130.98
235.22
85.94
-456.93
438.01
163.48
Cash after chg. in Working capital
6,163.33
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,358.49
-1,080.18
-1,067.83
-770.27
-513.62
-456.60
-628.31
-908.48
-807.12
-651.64
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
-2,963.98
-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
Net Fixed Assets
-1,221.98
-976.07
-604.99
-621.37
-532.34
-468.91
-673.72
-739.14
-806.78
-501.18
Net Investments
-2,171.63
-720.23
-1,027.28
-4,329.64
-3,905.17
1,880.79
-879.05
819.46
-324.26
-1,472.68
Others
429.63
-787.04
-1,219.70
2,534.56
3,454.26
-3,037.18
44.36
-740.20
-1,013.98
230.28
Cash from Financing Activity
-1,982.87
-1,398.67
-844.36
-417.44
-593.36
-14.76
-858.25
-292.30
-262.01
25.29
Net Cash Inflow / Outflow
-142.01
97.91
27.38
-11.23
-49.57
50.91
-672.54
623.29
75.22
-10.32
Opening Cash & Equivalents
218.96
98.39
52.97
44.55
94.12
43.21
715.75
92.46
17.24
27.56
Closing Cash & Equivalent
207.39
218.96
98.39
52.97
44.55
94.12
43.21
715.75
92.46
17.24

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
909.29
772.80
656.26
545.96
459.66
415.60
363.04
324.78
255.70
194.78
ROA
18.59%
18.83%
18.91%
16.49%
10.92%
9.74%
15.07%
18.77%
23.27%
23.73%
ROE
23.91%
24.18%
24.32%
21.19%
14.02%
12.37%
19.13%
24.79%
31.35%
34.13%
ROCE
30.54%
30.02%
31.35%
27.48%
18.31%
16.42%
24.36%
37.41%
45.33%
49.22%
Fixed Asset Turnover
3.20
3.02
3.07
3.04
2.45
2.30
2.89
4.01
5.39
6.77
Receivable days
6.98
8.86
8.12
8.43
8.12
5.11
3.41
2.84
2.34
1.90
Inventory Days
27.27
28.53
29.39
30.28
35.39
30.16
24.04
19.15
14.46
14.81
Payable days
73.57
81.88
79.27
79.97
101.16
89.06
55.89
56.68
51.46
47.37
Cash Conversion Cycle
-39.32
-44.49
-41.76
-41.27
-57.65
-53.80
-28.44
-34.70
-34.66
-30.66
Total Debt/Equity
0.01
0.01
0.02
0.01
0.00
0.01
0.01
0.02
0.02
0.02
Interest Cover
100.29
110.18
103.24
136.60
118.28
108.43
124.05
415.58
536.41
631.31

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Eicher Motors’ JV reports 18% growth in total sales in August 2026
    2nd Sep 2026, 17:17 PM

    Eicher branded trucks and buses recorded sales growth of 17.88% at 8,162 units in August 2026

    Read More
  • Eicher Motors’ motorcycle division reports 11% growth in August sales
    1st Sep 2026, 16:42 PM

    The company’s sales of models with engine capacity upto 350 cc and Evs increased by 15% at 1,13,143 units in August 2026

    Read More
  • Eicher Motors’ motorcycle division launches Classic 350 Gorkha edition
    19th Aug 2026, 09:25 AM

    The Royal Enfield Classic 350 Gorkha Edition will be available at Rs 2,10,684 (ex-showroom, New Delhi)

    Read More
  • Eicher Motors launches updated Continental GT 650
    14th Aug 2026, 18:02 PM

    The updated Continental GT 650 will be available across all Royal Enfield dealerships in India from August 14, 2026

    Read More
  • Eicher Motors’ consolidated net profit rises 21% in Q1
    30th Jul 2026, 10:51 AM

    The total consolidated income of the company has increased by 29.35% at Rs 7,098.73 crore for Q1FY27

    Read More
  • Eicher Motors - Quarterly Results
    30th Jul 2026, 00:00 AM

    Read More
  • Eicher Motors’ motorcycle division reports 27% growth in June sales
    1st Jul 2026, 17:55 PM

    The company’s sales of models with engine capacity upto 350 cc increased by 36% at 1,04,139 units in June 2026

    Read More
  • Eicher Motors’ JV reports 29% rise in total sales in June 2026
    1st Jul 2026, 16:29 PM

    Eicher branded trucks and buses recorded sales growth of 28.77% at 9,269 units in June 2026 as compared to 7,198 units in June 2025

    Read More
  • Eicher Motors’ motorcycle division reports 15% growth in May sales
    1st Jun 2026, 16:46 PM

    The company’s sales of models with engine capacity upto 350 cc increased by 19% at 90,784 units in May 2026

    Read More
  • Eicher Motors’ JV reports 7.8% rise in total sales in May 2026
    1st Jun 2026, 14:44 PM

    Eicher branded trucks and buses recorded sales growth of 7.3% at 7,789 units in May 2026

    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.