Eichermot
Current Price
₹ 6,826
Live Data
About Company
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]
Financial Ratios
Key fundamental data analysis
Market Cap
₹ 1,87,266 Cr.
Current Price
₹ 6,826
High / Low
₹ 8,233 / 5,000
Stock P/E
34.7
Book Value
₹ 805
Dividend Yield
1.03 %
ROCE
29.8 %
ROE
24.1 %
Face Value
₹ 1.00
Analysis
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 36.7%
Cons
- Stock is trading at 8.48 times its book value
- Earnings include an other income of Rs.2,182 Cr.
Quarterly Results
| Metrics | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3721 | 3804 | 3986 | 4115 | 4179 | 4256 | 4393 | 4263 | 4973 | 5241 | 5042 | 6172 | 6114 |
| Expenses | 2864 | 2871 | 2966 | 3027 | 3089 | 3127 | 3228 | 3175 | 3772 | 3983 | 3839 | 4660 | 4557 |
| Operating Profit | 857 | 934 | 1021 | 1087 | 1090 | 1129 | 1165 | 1088 | 1201 | 1258 | 1203 | 1512 | 1557 |
| OPM % | 23 | 25 | 26 | 26 | 26 | 27 | 27 | 26 | 24 | 24 | 24 | 24 | 25 |
| Other Income | 256 | 379 | 344 | 375 | 368 | 437 | 457 | 468 | 452 | 628 | 603 | 486 | 465 |
| Interest | 8 | 8 | 10 | 13 | 12 | 15 | 12 | 13 | 13 | 16 | 15 | 19 | 17 |
| Depreciation | 135 | 148 | 142 | 143 | 148 | 165 | 169 | 180 | 179 | 201 | 198 | 200 | 211 |
| Profit before tax | 971 | 1156 | 1212 | 1307 | 1298 | 1385 | 1441 | 1362 | 1461 | 1669 | 1593 | 1779 | 1793 |
| Tax % | 24 | 22 | 24 | 22 | 23 | 23 | 24 | 19 | 20 | 18 | 24 | 23 | 21 |
| Net Profit | 741 | 906 | 918 | 1016 | 996 | 1070 | 1101 | 1100 | 1170 | 1362 | 1205 | 1369 | 1421 |
| EPS in Rs | 27.09 | 33.11 | 33.58 | 37.12 | 36.38 | 39.1 | 40.2 | 40.15 | 42.7 | 49.68 | 43.95 | 49.93 | 51.79 |
Profit & Loss
| Metrics | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6810 | 8738 | 6173 | 7033 | 8965 | 9797 | 9154 | 8720 | 10298 | 14442 | 16536 | 18870 | 22569 |
| Expenses | 6094 | 7621 | 4484 | 4859 | 6156 | 6893 | 6971 | 6937 | 8120 | 10996 | 12206 | 14148 | 17039 |
| Operating Profit | 715 | 1118 | 1690 | 2174 | 2809 | 2904 | 2183 | 1783 | 2178 | 3446 | 4329 | 4723 | 5529 |
| OPM % | 11 | 13 | 27 | 31 | 31 | 30 | 24 | 20 | 21 | 24 | 26 | 25 | 24 |
| Other Income | 93 | 105 | 326 | 416 | 536 | 701 | 572 | 482 | 496 | 908 | 1521 | 1994 | 2182 |
| Interest | 8 | 10 | 2 | 4 | 5 | 7 | 19 | 16 | 19 | 28 | 51 | 54 | 67 |
| Depreciation | 130 | 220 | 137 | 154 | 223 | 300 | 382 | 451 | 452 | 526 | 598 | 729 | 810 |
| Profit before tax | 671 | 993 | 1877 | 2433 | 3116 | 3297 | 2355 | 1798 | 2203 | 3800 | 5202 | 5933 | 6834 |
| Tax % | 22 | 29 | 29 | 30 | 30 | 33 | 22 | 25 | 24 | 23 | 23 | 20 | - |
| Net Profit | 525 | 702 | 1338 | 1667 | 1960 | 2203 | 1827 | 1347 | 1677 | 2914 | 4001 | 4734 | 5357 |
| EPS in Rs | 14.57 | 22.71 | 49.27 | 61.27 | 71.89 | 80.75 | 66.91 | 49.28 | 61.32 | 106.55 | 146.13 | 172.69 | 195.35 |
| Dividend Payout % | 21 | 22 | 20 | 16 | 15 | 15 | 19 | 34 | 34 | 35 | 35 | 41 | - |