Eicher Motors
Market cap ₹1.94 L Cr
- P/E
- 33.62
- Day range
- ₹6,911.00 – ₹7,100.00
- 52-week range
- ₹6,442.00 – ₹8,230.00
- Volume
- 3.69 L
- Open
- ₹7,099.50
- Prev close
- ₹7,084.50
Latest results · Q1 FY27(consolidated)Revenue ₹6,632 Cr+31.5%Profit ₹1,463 Cr+21.3%Margin 22.1%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
EICHERMOT in NSE indices and F&O
F&O margin for one lot of EICHERMOT (100 shares)Research profile
Composite 61 / 100Factor percentiles
Derived metrics
- Earn. yield
- 3.0%
- Graham no.
- ₹2,086.97
- vs Graham
- -70.5%
- ROE ÷ P/B
- 3.1%
- 12-1 mom.
- +7.8%
- Return / vol
- 0.10
- Magic Formula
- #132
- Piotroski
- 3/6
- FCF yield
- 1.8%
- PEG
- 2.90
Appears in 10 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 50 in Auto| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Maruti SuzukiMARUTI | ₹3.53 L Cr | 24.63 | 3.30 | 14.4% | 19.0% | 8.0% | 0.00 | +35.9% |
| Mahindra & MahindraM&M | ₹3.44 L Cr | 17.42 | 3.82 | 21.9% | 15.0% | 19.0% | 1.47 | +27.8% |
| Bajaj AutoBAJAJ-AUTO | ₹2.77 L Cr | 23.95 | 7.31 | 28.6% | 28.0% | 21.0% | 0.58 | +65.1% |
| Eicher MotorsEICHERMOT | ₹1.94 L Cr | 33.62 | 7.74 | 23.8% | 31.0% | 24.0% | 0.02 | +31.5% |
| TVS MotorTVSMOTOR | ₹1.89 L Cr | 55.17 | 19.80 | 35.3% | 17.0% | 14.0% | 3.43 | +33.5% |
| Motherson SumiMOTHERSON | ₹1.61 L Cr | 37.17 | 3.92 | 10.8% | 13.0% | 9.0% | 0.47 | +16.7% |
| Hyundai Motor IndiaHYUNDAI | ₹1.50 L Cr | 30.36 | 7.71 | 29.9% | 38.0% | 9.0% | 0.05 | -0.5% |
| BoschBOSCHLTD | ₹1.30 L Cr | 55.02 | 8.76 | 19.4% | 22.0% | 14.0% | 0.01 | +22.0% |
| Sector median | ₹24,286 Cr | 30.36 | 5.70 | 16.7% | 18.0% | 13.0% | 0.24 | +22.0% |
Sector as classified in the tracked universe; medians use every tracked Auto company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 2d agoHeadlines about Eicher Motors from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 33.4
- Price / Book
- 7.72
- ROE (FY26)
- 23.8%
- ROCE (latest year)
- 31%
- Dividend yield
- 1.16%
Moving averages (NSE)
- 20-day
- ₹7,127.75
- Price below
- 50-day
- ₹7,537.71
- Price below
- 200-day
- ₹7,399.69
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- FII
- DII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the split of 24 Aug 2020: earlier bars are per pre-split share.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,115 | 4,179 | 4,256 | 4,393 | 4,263 | 4,973 | 5,241 | 5,042 | 6,172 | 6,114 | 6,080 | 6,632 |
| Expenses | 3,027 | 3,089 | 3,127 | 3,228 | 3,175 | 3,772 | 3,983 | 3,839 | 4,660 | 4,557 | 4,566 | 5,042 |
| Operating Profit | 1,087 | 1,090 | 1,129 | 1,165 | 1,088 | 1,201 | 1,258 | 1,203 | 1,512 | 1,557 | 1,514 | 1,591 |
| OPM % | 26% | 26% | 27% | 27% | 26% | 24% | 24% | 24% | 24% | 25% | 25% | 24% |
| Other Income | 375 | 368 | 437 | 457 | 468 | 452 | 628 | 603 | 486 | 465 | 675 | 634 |
| Interest | 13 | 12 | 15 | 12 | 13 | 13 | 16 | 15 | 19 | 17 | 20 | 22 |
| Depreciation | 143 | 148 | 165 | 169 | 180 | 179 | 201 | 198 | 200 | 211 | 232 | 278 |
| Profit before tax | 1,307 | 1,298 | 1,385 | 1,441 | 1,362 | 1,461 | 1,669 | 1,593 | 1,779 | 1,793 | 1,937 | 1,925 |
| Tax % | 22% | 23% | 23% | 24% | 19% | 20% | 18% | 24% | 23% | 21% | 22% | 24% |
| Net Profit | 1,016 | 996 | 1,070 | 1,101 | 1,100 | 1,170 | 1,362 | 1,205 | 1,369 | 1,421 | 1,520 | 1,463 |
| EPS in Rs | ₹37.12 | ₹36.38 | ₹39.10 | ₹40.20 | ₹40.15 | ₹42.70 | ₹49.68 | ₹43.95 | ₹49.93 | ₹51.79 | ₹55.41 | ₹53.28 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-1 days since Mar 2021
-7 days since Mar 2021
-32 days since Mar 2021
+23 days since Mar 2021
+52 days since Mar 2021
Strengths, risks & growth
Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus operations, auto components business, and technical consulting services business [1]
Strengths
- Company is almost debt free.
- Company has delivered good profit growth of 32.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 38.7%
Risks
- Stock is trading at 7.72 times its book value
- Earnings include an other income of Rs.2,260 Cr.
Compounded Sales Growth
- 10 Years
- +14%
- 5 Years
- +22%
- 3 Years
- +17%
- TTM
- +28%
Compounded Profit Growth
- 10 Years
- +15%
- 5 Years
- +33%
- 3 Years
- +24%
- TTM
- +20%
Stock Price CAGR
- 10 Years
- +11%
- 5 Years
- +22%
- 3 Years
- +28%
- 1 Year
- +3%
Return on Equity
- 10 Years
- +23%
- 5 Years
- +22%
- 3 Years
- +24%
- Last Year
- +24%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 49.06% | 49.06% | 49.03% | 49.02% | -0.01 pp |
| FII | 27.01% | 26.77% | 25.52% | 24.03% | -1.49 pp |
| DII | 14.64% | 14.73% | 15.97% | 17.61% | +1.64 pp |
| Government | 0.10% | 0.10% | 0.10% | 0.00% | -0.10 pp |
| Public | 9.19% | 9.35% | 9.40% | 9.36% | -0.04 pp |
Filed with NSE for Sept 2026: promoters 49.02%, public 50.98% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 10.35% (+0.14 pp)- Promoters49.0%
- Foreign institutions24.0%
- Mutual funds10.3%
- Insurance4.9%
- Other domestic institutions2.4%
- Retail6.1%
- Others3.2%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| HDFC Flexi Cap Fund | 1.30% | 2.30% | -0.02 pp |
| SBI Focused Fund | 0.50% | 1.99% | -0.10 pp |
| HDFC Focused Fund | 0.43% | 3.22% | +0.12 pp |
| Mirae Asset Large Cap Fund | 0.28% | 1.46% | +0.04 pp |
| ICICI Pru Large Cap Fund | 0.28% | 0.73% | +0.01 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 26.3%
- Downside volatility
- 25.4%
- Worst 5% of days
- 2.8%
- Average of that tail
- 3.8%
- Max drawdown (1Y)
- 19.6%
- Below its peak
- 13.7%
Against the market
- Beta vs Nifty 50
- 1.27
- Correlation
- 0.64
- Relative strength (3M)
- -3.2%
- ATR (14)
- 2.4%
Return
- Return 1M
- -4.9%
- Return 3M
- -8.5%
- Return 6M
- -2.3%
- Return 1Y
- +2.6%
- vs 200-day average
- -4.5%
Momentum
- RSI (14)
- 41.9
- MACD histogram
- 28.55
- Stochastic %K
- 44.5
- ADX (14)
- 38.1
- +DI / −DI
- 16.3 / 32.0
- Money flow index
- 56.7
Participation
- Delivery (20d avg)
- 54.9%
- vs its 60-day baseline
- -3.0 pts
- Volume vs 20-day
- -0.3σ
- Close vs day's VWAP
- +1.2%
- 52-week position
- 30 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
3 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — failed
- Free cash flow
- ₹3,530 Cr
- FCF yield
- 1.8%
- Cash conversion
- 0.87
- Accruals ratio
- 0.022
- Net debt
- ₹280 Cr
- Net debt / equity
- 0.01
- EV / sales
- 7.77
- PEG
- 2.90
- Capex intensity
- 5.4%
- Revenue CAGR
- 16.0%
- Profit CAGR
- 11.6%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹6,981.32
-1.2%
Upper edge (90th percentile)
₹7,324.16
+3.7%
The marker is the last close, ₹7,066. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹7,133.93 (+1.0%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹82.00
Dividend - Rs 82 Per Share
31 Jul 2026ex-date - dividend₹70.00
Dividend - Rs 70 Per Share
1 Aug 2025ex-date - dividend₹51.00
Dividend - Rs 51 Per Share
7 Aug 2024ex-date - dividend₹37.00
Annual General Meeting/Dividend - Rs 37 Per Share
14 Aug 2023ex-date - dividend₹21.00
Annual General Meeting/Dividend - Rs 21 Per Share
12 Aug 2022ex-date - dividend₹17.00
Annual General Meeting/Dividend - Rs 17 Per Share
9 Aug 2021ex-date - splitNot available — not reported in this filing
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share
24 Aug 2020ex-date - dividend₹125.00
Interim Dividend - Rs 125 Per Share
19 Mar 2020ex-date - dividend₹125.00
Annual General Meeting/ Dividend - Rs 125 Per Share
24 Jul 2019ex-date - dividend₹110.00
Annual General Meeting / Dividend- Rs 110 Per Share
2 Aug 2018ex-date - dividend₹100.00
Annual General Meeting/Dividend - Rs 100/- Per Share
31 Jul 2017ex-date - dividend₹100.00
Interim Dividend - Rs 100/- Per Share
22 Mar 2016ex-date - dividend₹50.00
Annual General Meeting / Dividend - Rs 50/- Per Share (Agm And Book Closure Dates Revised)
11 Mar 2015ex-date - dividend₹30.00
Annual General Meeting/Dividend Rs 30/- Per Share
12 Mar 2014ex-date - dividend₹20.00
Annual General Meeting/Dividend Rs 20 Per Share
13 Mar 2013ex-date - dividend₹16.00
Dividend-Rs.16 Per Share
13 Mar 2012ex-date - dividend₹11.00
Dividend-Rs.11/- Per Share
8 Mar 2011ex-date - dividend₹7.00
Dividend-Rs.7/- Per Share
5 Mar 2010ex-date - dividendNot available — not reported in this filing
Agm/Dividend - 50%
20 May 2009ex-date - dividendNot available — not reported in this filing
Agm/Dividend - 50%
26 May 2008ex-date
Company announcements
Newspaper advertisement for special window for transfer of physical securities
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026
Monthly Business Updates for the month September 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited.
Sales Volume for September 2026
Reminder Letter to holders of physical securities for furnishing of KYC details
Introducing the Classic 350 Signature White Edition
Flying Flea C6 launches in five cities in Europe and the UK: Paris, Barcelona, Rome, Berlin and London
Analyst/ Investor Meet
Analyst/ Investor Meet
Return of the Mountain G.O.AT - The OG Himalayan is back by community demand with the launch of HIMALAYAN 440
Analyst/ Investor Meet
Analyst/ Investor Meet
Monthly Business Updates for the month August 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited.
Sales volume for August 2026
Filed with BSE (scrip 505200); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Buyback - Corrigendum to PA
Eicher Motors Ltd. - Corrigendum to PA
17 Mar 2009Read on SEBI - Buyback - Letter of Offer
Eicher Motors Ltd. - Letter of Offer
6 Feb 2009Read on SEBI - Buyback - Public Announcement
Eicher Motors Ltd. - Public Announcement
6 Feb 2009Read on SEBI
Regulatory orders
- Adjudication order
Adjudication Order in respect of Eicher Motors Limited.
1 Jun 2022Read on SEBI - Order
Order in the matter of complaint of Mr. Manoj Dharamdas Shah against Eicher Motors Limited
23 Mar 2021Read on SEBI - Order
Consent Order of in respect of Mr. P.N. Vijay in the matter of M/s. Eicher Motors Ltd
11 Feb 2010Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- May 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 11 Dec 2025 from icra
- Rating update · 29 Oct 2024 from icra
- Rating update · 18 Aug 2023 from icra
- Rating update · 23 Mar 2023 from icra
- Rating update · 2 Nov 2022 from icra
- Rating update · 1 Sep 2021 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 30 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Eicher Motors: common questions
Answered from the figures on this page.
