Eicher Motors

₹7,651As of Sun 8 Nov 2026, 12:00 UTC
NSE:EICHERMOTConsumer Disc
Country India
PE (Fwd) 28.83
TSR 10Y CAGR 13.17%
Div yield 1.07%
ROE —
Auto Manufacturers
Beta (5Y) 0.23
PE TTM 38.12
TSR TTM 10.33%
Mkt cap ₹2.092T
ROIC —
SE Grade™
Value
Quality
Moat
1Y Price
Reference
₹8,419
10.04%
(71.96%)
Price above Reference Value
FY23
FY24
FY25
FY26
Earnings per share₹
106.38
145.92
172.37
200.73
73.65%
37.17%
18.13%
16.45%
Revenue₹B
147.2
164.3
187.3
232.8
44.38%
11.62%
14.01%
24.26%
TTM
FYE 31 Mar INR
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
FY2027E
Trend
5Y
10Y
Peers
232.8
Revenue₹B
—
—
—
—
—
102.0
147.2
164.3
187.3
232.8
269.3
22.92%
22.92%
0
24.26
Revenue growth%
—
—
—
—
—
—
44.38
11.62
14.01
24.26
15.69
19.13
—
87
42.95
Gross margin%
—
—
—
—
—
40.28
43.30
44.40
44.14
42.95
43.05
43.30
43.30
97
20.79
Operating margin%
—
—
—
—
—
16.18
21.96
22.29
20.81
20.79
20.97
20.81
20.81
97
23.69
Net margin%
—
—
—
—
—
16.44
19.79
24.35
25.27
23.69
23.80
23.69
23.69
100
38.12
P/E ratio (avg)x
—
—
—
—
—
42.06
30.02
24.92
28.28
32.62
32.80
30.02
30.02
17
43.44
EV/EBITx
—
—
—
—
—
42.75
27.05
27.23
34.34
37.17
37.22
34.34
34.34
12
—
FCF yield (avg)%
—
—
—
—
—
—
—
—
—
—
—
—
—
38
—
FCF margin%
—
—
—
—
—
—
—
—
—
—
—
—
—
97
—
FCF / Net incomex
—
—
—
—
—
—
—
—
—
—
—
—
—
46
—
ROIC%
—
—
—
—
—
—
—
—
—
—
—
—
—
83
—
Return on equity%
—
—
—
—
—
—
—
—
—
—
—
—
—
81
—
Return on assets%
—
—
—
—
—
—
—
—
—
—
—
—
—
93
200.73
EPS₹
—
—
—
—
—
61.26
106.38
145.92
172.37
200.73
233.25
34.54%
34.54%
—
16.45
EPS growth%
—
—
—
—
—
—
73.64
37.17
18.13
16.45
16.20
27.65
—
60
—
Bookvalue per sh₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
FCF per share₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
82.00
Dividend per sh₹
—
—
—
—
—
21.00
37.00
51.00
70.00
82.00
88.01
40.57%
40.57%
—
1.07
Div yield (avg)%
—
—
—
—
—
0.82
1.16
1.40
1.44
1.25
1.15
1.25
1.25
19
40.85
Payout ratio%
—
—
—
—
—
34.28
34.78
34.95
40.61
40.85
37.73
34.95
34.95
52
274.8
Shares (diluted)M
—
—
—
◇—
—
273.7
273.9
274.2
274.7
274.8
◌274.8
0.10%
0.10%
24
(0.04)
Buyback yield%
—
—
—
—
—
—
(0.09)
(0.10)
(0.17)
(0.04)
◌—
(0.09)
—
24
—
D/E ratiox
—
—
—
—
—
—
—
—
—
—
—
—
—
97
2,102
Enterprise value₹B
—
—
—
—
—
705.1
874.6
997.2
1,339
1,799
2,102
26.39%
26.39%
53
—
LT debt₹M
—
—
—
—
—
—
—
—
—
—
—
—
—
3
Peers (US$22.41B)
Cap (US$)
PE
22.69B
55.76x
18.43B
37.83x
16.69B
24.83x
Capital
TTM
5Y
10Y
Leveragex
—
—
—
EBIT/Intx
73.26
79.23
79.23
Own earn%
—
—
—
Sh yield%
1.03
1.24
1.24
Owners
Insiders/Inst%
3.35
28.96
Short interest%
—
SBC / revenue%
0.24
Record
10Y
Profitable years
5/5
Revenue growth years
4/4
EPS growth years
4/4
Dividend streakyrs
5
Op margin range%
16–22
$1 testx
—
Incr. ROIC%
—

Eicher Motors Limited, an automobile company, engages in the manufacture and sale of motorcycles and commercial vehicles in India and internationally. The company designs, develops, manufactures, assembles, and sells two-wheelers, as well as related parts and accessories; motorcycle accessories; protective and performance gears; and lifestyle apparel products and accessories.

Growth vs revenue
Latest
Trend
4Y CAGR
Rel growth
Revenue
₹232.8B
22.92%
1.00×
Cost of revenue
₹132.8B
21.52%
0.96×
Operating expenses
₹51.58B
20.37%
0.92×
Revenue by region
No breakdown available
Reinvestment returns
n/m
Trend
Reinvestment rate
n/m
-
Return on capital
n/m
-
Spread over hurdle
n/m
-